Tangshan Jidong Equipment Engineering Co Ltd
TangshanJidong Equipment and Engineering Co.,Ltd., together with its subsidiaries, manufactures and sells cement equipment in China and internationally. The company offers mechanical equipment and spare parts, including vertical mills, rotary kilns, grate coolers, stackers, reclaimers, and other cement machinery and equipment; mobile crushers and screens, fixed crushers, and other mining equipmen… Read more
Tangshan Jidong Equipment Engineering Co Ltd (000856) - Net Assets
Latest net assets as of September 2025: CN¥439.57 Million CNY
Based on the latest financial reports, Tangshan Jidong Equipment Engineering Co Ltd (000856) has net assets worth CN¥439.57 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.25 Billion) and total liabilities (CN¥1.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥439.57 Million |
| % of Total Assets | 19.51% |
| Annual Growth Rate | 4.24% |
| 5-Year Change | 1.86% |
| 10-Year Change | 51.32% |
| Growth Volatility | 197.84 |
Tangshan Jidong Equipment Engineering Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Tangshan Jidong Equipment Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tangshan Jidong Equipment Engineering Co Ltd (1995–2024)
The table below shows the annual net assets of Tangshan Jidong Equipment Engineering Co Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥447.81 Million | +1.08% |
| 2023-12-31 | CN¥443.01 Million | +5.91% |
| 2022-12-31 | CN¥418.29 Million | +2.73% |
| 2021-12-31 | CN¥407.16 Million | -7.39% |
| 2020-12-31 | CN¥439.65 Million | -2.39% |
| 2019-12-31 | CN¥450.41 Million | +3.11% |
| 2018-12-31 | CN¥436.84 Million | +20.14% |
| 2017-12-31 | CN¥363.62 Million | +4.06% |
| 2016-12-31 | CN¥349.44 Million | +18.08% |
| 2015-12-31 | CN¥295.94 Million | -44.11% |
| 2014-12-31 | CN¥529.52 Million | -8.87% |
| 2013-12-31 | CN¥581.04 Million | +14.38% |
| 2012-12-31 | CN¥508.00 Million | +10.24% |
| 2011-12-31 | CN¥460.82 Million | +1066.78% |
| 2010-12-31 | CN¥39.49 Million | -69.67% |
| 2009-12-31 | CN¥130.22 Million | +64.08% |
| 2008-12-31 | CN¥79.36 Million | -68.75% |
| 2007-12-31 | CN¥253.92 Million | -36.39% |
| 2006-12-31 | CN¥399.21 Million | -5.23% |
| 2005-12-31 | CN¥421.26 Million | +2.83% |
| 2004-12-31 | CN¥409.68 Million | -10.61% |
| 2003-12-31 | CN¥458.32 Million | -14.86% |
| 2002-12-31 | CN¥538.29 Million | +0.03% |
| 2001-12-31 | CN¥538.11 Million | -4.67% |
| 2000-12-31 | CN¥564.47 Million | +30.23% |
| 1999-12-31 | CN¥433.46 Million | +9.39% |
| 1998-12-31 | CN¥396.24 Million | +150.53% |
| 1997-12-31 | CN¥158.17 Million | +14.65% |
| 1996-12-31 | CN¥137.96 Million | +2.73% |
| 1995-12-31 | CN¥134.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tangshan Jidong Equipment Engineering Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 18490568700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥227.00 Million | 54.10% |
| Other Components | CN¥377.54 Million | 89.97% |
| Total Equity | CN¥419.63 Million | 100.00% |
Tangshan Jidong Equipment Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Tangshan Jidong Equipment Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Institute of Building Science Group Co Ltd
SHG:603183
|
$232.38 Million |
|
TOD'S S.p.A
PINK:TODGF
|
$232.42 Million |
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
$232.46 Million |
|
Ningbo Sinyuan ZM Technology Co. Ltd. A
SHE:301398
|
$232.52 Million |
|
Dalian Friendship Group Co Ltd
SHE:000679
|
$232.35 Million |
|
Tiangong International Company Limited
F:34T1
|
$232.31 Million |
|
SGC Energy Co Ltd
KO:005090
|
$232.22 Million |
|
Turvo International Co Ltd
TW:2233
|
$232.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tangshan Jidong Equipment Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 409,679,171 to 419,629,370, a change of 9,950,199 (2.4%).
- Net income of 21,858,907 contributed positively to equity growth.
- Dividend payments of 5,623,121 reduced retained earnings.
- Other comprehensive income decreased equity by 122,766,694.
- Other factors increased equity by 116,481,107.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥21.86 Million | +5.21% |
| Dividends Paid | CN¥5.62 Million | -1.34% |
| Other Comprehensive Income | CN¥-122.77 Million | -29.26% |
| Other Changes | CN¥116.48 Million | +27.76% |
| Total Change | CN¥- | 2.43% |
Book Value vs Market Value Analysis
This analysis compares Tangshan Jidong Equipment Engineering Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 21.76x to 5.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.50 | CN¥10.92 | x |
| 1996-12-31 | CN¥0.53 | CN¥10.92 | x |
| 1997-12-31 | CN¥0.61 | CN¥10.92 | x |
| 1998-12-31 | CN¥1.67 | CN¥10.92 | x |
| 1999-12-31 | CN¥1.73 | CN¥10.92 | x |
| 2000-12-31 | CN¥2.32 | CN¥10.92 | x |
| 2001-12-31 | CN¥2.22 | CN¥10.92 | x |
| 2002-12-31 | CN¥2.22 | CN¥10.92 | x |
| 2003-12-31 | CN¥1.90 | CN¥10.92 | x |
| 2004-12-31 | CN¥1.66 | CN¥10.92 | x |
| 2005-12-31 | CN¥1.68 | CN¥10.92 | x |
| 2006-12-31 | CN¥2.47 | CN¥10.92 | x |
| 2007-12-31 | CN¥1.02 | CN¥10.92 | x |
| 2008-12-31 | CN¥0.32 | CN¥10.92 | x |
| 2009-12-31 | CN¥0.54 | CN¥10.92 | x |
| 2010-12-31 | CN¥0.30 | CN¥10.92 | x |
| 2011-12-31 | CN¥1.94 | CN¥10.92 | x |
| 2012-12-31 | CN¥2.13 | CN¥10.92 | x |
| 2013-12-31 | CN¥2.30 | CN¥10.92 | x |
| 2014-12-31 | CN¥1.92 | CN¥10.92 | x |
| 2015-12-31 | CN¥1.05 | CN¥10.92 | x |
| 2016-12-31 | CN¥1.26 | CN¥10.92 | x |
| 2017-12-31 | CN¥1.39 | CN¥10.92 | x |
| 2018-12-31 | CN¥1.40 | CN¥10.92 | x |
| 2019-12-31 | CN¥1.50 | CN¥10.92 | x |
| 2020-12-31 | CN¥1.52 | CN¥10.92 | x |
| 2021-12-31 | CN¥1.65 | CN¥10.92 | x |
| 2022-12-31 | CN¥1.70 | CN¥10.92 | x |
| 2023-12-31 | CN¥1.80 | CN¥10.92 | x |
| 2024-12-31 | CN¥1.85 | CN¥10.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tangshan Jidong Equipment Engineering Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.88%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 5.33x
- Recent ROE (5.21%) is above the historical average (-11.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 34.40% | 11.83% | 0.89x | 3.25x | CN¥27.84 Million |
| 1996 | 33.12% | 10.85% | 0.89x | 3.45x | CN¥27.76 Million |
| 1997 | 23.31% | 8.28% | 0.83x | 3.39x | CN¥18.58 Million |
| 1998 | 10.40% | 10.04% | 0.49x | 2.13x | CN¥1.51 Million |
| 1999 | 11.70% | 9.91% | 0.60x | 1.97x | CN¥6.69 Million |
| 2000 | 6.28% | 7.09% | 0.45x | 1.97x | CN¥-19.64 Million |
| 2001 | -4.82% | -6.05% | 0.37x | 2.14x | CN¥-74.81 Million |
| 2002 | 0.41% | 0.45% | 0.41x | 2.18x | CN¥-48.40 Million |
| 2003 | -6.70% | -7.33% | 0.37x | 2.45x | CN¥-72.12 Million |
| 2004 | -14.23% | -10.78% | 0.46x | 2.88x | CN¥-91.65 Million |
| 2005 | 2.32% | 1.68% | 0.47x | 2.97x | CN¥-29.36 Million |
| 2006 | 0.81% | 0.58% | 0.49x | 2.86x | CN¥-34.20 Million |
| 2007 | -64.78% | -36.50% | 0.40x | 4.45x | CN¥-173.23 Million |
| 2008 | -227.35% | -45.89% | 0.37x | 13.37x | CN¥-170.27 Million |
| 2009 | 12.12% | 5.53% | 0.31x | 7.14x | CN¥2.58 Million |
| 2010 | -122.45% | -29.33% | 0.33x | 12.77x | CN¥-88.78 Million |
| 2011 | 16.01% | 3.15% | 1.29x | 3.94x | CN¥26.17 Million |
| 2012 | 8.91% | 2.67% | 0.86x | 3.86x | CN¥-5.25 Million |
| 2013 | 1.74% | 0.61% | 0.66x | 4.27x | CN¥-40.67 Million |
| 2014 | -19.83% | -5.55% | 0.64x | 5.60x | CN¥-130.07 Million |
| 2015 | -85.04% | -14.35% | 0.63x | 9.37x | CN¥-226.99 Million |
| 2016 | 7.91% | 2.16% | 0.65x | 5.63x | CN¥-6.13 Million |
| 2017 | 5.05% | 0.88% | 0.96x | 5.97x | CN¥-15.26 Million |
| 2018 | 7.27% | 1.13% | 0.98x | 6.53x | CN¥-8.67 Million |
| 2019 | 3.98% | 0.53% | 1.10x | 6.77x | CN¥-20.50 Million |
| 2020 | -3.12% | -0.41% | 1.07x | 7.21x | CN¥-45.29 Million |
| 2021 | 5.57% | 0.61% | 1.74x | 5.28x | CN¥-16.61 Million |
| 2022 | 5.06% | 0.61% | 1.46x | 5.68x | CN¥-19.06 Million |
| 2023 | 7.49% | 1.05% | 1.37x | 5.19x | CN¥-10.30 Million |
| 2024 | 5.21% | 0.88% | 1.12x | 5.33x | CN¥-20.10 Million |
Industry Comparison
This section compares Tangshan Jidong Equipment Engineering Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $4,359,406,079
- Average return on equity (ROE) among peers: 8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | CN¥439.57 Million | 34.40% | 4.13x | $232.37 Million |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $352.09 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $2.57 Billion | -0.72% | 0.99x | $204.74 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $21.44 Billion | 14.66% | 0.33x | $3.58 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.56 Billion |
| Arrow Home Group Co. Ltd. A (001322) | $5.01 Billion | 8.48% | 1.12x | $113.50 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.03 Billion | 15.12% | 0.38x | $250.45 Million |
| Everjoy Health Group Co Ltd (002162) | $479.30 Million | 13.65% | 1.19x | $267.02 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $923.77 Million | 5.63% | 0.58x | $237.09 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |