Tianrun Crankshaft Co Ltd (002283) - Net Assets

Latest as of September 2025: CN¥6.05 Billion CNY ≈ $885.14 Million USD

Based on the latest financial reports, Tianrun Crankshaft Co Ltd (002283) has net assets worth CN¥6.05 Billion CNY (≈ $885.14 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.26 Billion ≈ $1.21 Billion USD) and total liabilities (CN¥2.21 Billion ≈ $323.28 Million USD). 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. Check Tianrun Crankshaft Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.05 Billion
% of Total Assets	73.25%
Annual Growth Rate	16.61%
5-Year Change	20.31%
10-Year Change	77.44%
Growth Volatility	36.48

Tianrun Crankshaft Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Tianrun Crankshaft Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Tianrun Crankshaft Co Ltd's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Tianrun Crankshaft Co Ltd (2006–2024)

The table below shows the annual net assets of Tianrun Crankshaft Co Ltd from 2006 to 2024. For live valuation and market cap data, see Tianrun Crankshaft Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥6.07 Billion ≈ $888.50 Million	+0.45%
2023-12-31	CN¥6.04 Billion ≈ $884.53 Million	+7.03%
2022-12-31	CN¥5.65 Billion ≈ $826.47 Million	+1.67%
2021-12-31	CN¥5.56 Billion ≈ $812.89 Million	+10.08%
2020-12-31	CN¥5.05 Billion ≈ $738.48 Million	+10.41%
2019-12-31	CN¥4.57 Billion ≈ $668.84 Million	+8.18%
2018-12-31	CN¥4.23 Billion ≈ $618.26 Million	+6.26%
2017-12-31	CN¥3.98 Billion ≈ $581.83 Million	+9.68%
2016-12-31	CN¥3.63 Billion ≈ $530.51 Million	+5.95%
2015-12-31	CN¥3.42 Billion ≈ $500.74 Million	+5.26%
2014-12-31	CN¥3.25 Billion ≈ $475.71 Million	+4.03%
2013-12-31	CN¥3.12 Billion ≈ $457.27 Million	+3.04%
2012-12-31	CN¥3.03 Billion ≈ $443.78 Million	+1.56%
2011-12-31	CN¥2.99 Billion ≈ $436.95 Million	+70.08%
2010-12-31	CN¥1.76 Billion ≈ $256.91 Million	+14.40%
2009-12-31	CN¥1.53 Billion ≈ $224.56 Million	+156.20%
2008-12-31	CN¥598.99 Million ≈ $87.65 Million	+24.08%
2007-12-31	CN¥482.73 Million ≈ $70.64 Million	+26.32%
2006-12-31	CN¥382.15 Million ≈ $55.92 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tianrun Crankshaft 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 grown by 1692.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥3.18 Billion	52.62%
Common Stock	CN¥1.14 Billion	18.84%
Other Comprehensive Income	CN¥463.14 Million	7.66%
Other Components	CN¥1.26 Billion	20.88%
Total Equity	CN¥6.05 Billion	100.00%

Tianrun Crankshaft Co Ltd Competitors by Market Cap

The table below lists competitors of Tianrun Crankshaft Co Ltd ranked by their market capitalization.

Company	Market Cap
Guobang Pharma Ltd SHG:605507	$1.89 Billion
China Sports Industry Group Co Ltd SHG:600158	$1.89 Billion
AUB GROUP LTD. F:A5H	$1.89 Billion
Beijing Sojo Electric Co Ltd SHE:300444	$1.89 Billion
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd SHG:600116	$1.89 Billion
Veridis Environment Ltd TA:VRDS	$1.89 Billion
Cury Construtora e Incorporadora S.A SA:CURY3	$1.89 Billion
Galapagos NV ADR NASDAQ:GLPG	$1.89 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tianrun Crankshaft Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 6,023,728,762 to 6,046,657,151, a change of 22,928,389 (0.4%).
Net income of 332,502,023 contributed positively to equity growth.
Dividend payments of 261,189,780 reduced retained earnings.
Share repurchases of 52,724,298 reduced equity.
Other comprehensive income increased equity by 463,141,236.
Other factors decreased equity by 458,800,792.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥332.50 Million	+5.5%
Dividends Paid	CN¥261.19 Million	-4.32%
Share Repurchases	CN¥52.72 Million	-0.87%
Other Comprehensive Income	CN¥463.14 Million	+7.66%
Other Changes	CN¥-458.80 Million	-7.59%
Total Change	CN¥-	0.38%

Book Value vs Market Value Analysis

This analysis compares Tianrun Crankshaft 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: 2.15x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 20.91x to 2.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CN¥0.54	CN¥11.35	x
2007-12-31	CN¥0.68	CN¥11.35	x
2008-12-31	CN¥0.80	CN¥11.35	x
2009-12-31	CN¥1.89	CN¥11.35	x
2010-12-31	CN¥1.77	CN¥11.35	x
2011-12-31	CN¥2.89	CN¥11.35	x
2012-12-31	CN¥2.58	CN¥11.35	x
2013-12-31	CN¥2.73	CN¥11.35	x
2014-12-31	CN¥2.87	CN¥11.35	x
2015-12-31	CN¥2.90	CN¥11.35	x
2016-12-31	CN¥3.11	CN¥11.35	x
2017-12-31	CN¥3.49	CN¥11.35	x
2018-12-31	CN¥3.70	CN¥11.35	x
2019-12-31	CN¥4.05	CN¥11.35	x
2020-12-31	CN¥4.49	CN¥11.35	x
2021-12-31	CN¥4.96	CN¥11.35	x
2022-12-31	CN¥5.03	CN¥11.35	x
2023-12-31	CN¥5.34	CN¥11.35	x
2024-12-31	CN¥5.27	CN¥11.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tianrun Crankshaft 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): 5.50%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.19%
• Asset Turnover: 0.44x
• Equity Multiplier: 1.35x
Recent ROE (5.50%) is below the historical average (8.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	8.29%	6.50%	0.63x	2.04x	CN¥-6.53 Million
2007	19.57%	12.41%	0.59x	2.66x	CN¥45.48 Million
2008	17.48%	12.35%	0.59x	2.41x	CN¥43.35 Million
2009	7.52%	14.59%	0.39x	1.31x	CN¥-37.25 Million
2010	12.98%	15.91%	0.59x	1.39x	CN¥50.91 Million
2011	6.92%	13.91%	0.36x	1.39x	CN¥-90.21 Million
2012	2.13%	5.94%	0.24x	1.49x	CN¥-234.12 Million
2013	3.29%	6.44%	0.34x	1.52x	CN¥-205.80 Million
2014	4.18%	8.23%	0.33x	1.55x	CN¥-185.65 Million
2015	4.48%	8.89%	0.35x	1.43x	CN¥-185.51 Million
2016	5.47%	10.67%	0.36x	1.44x	CN¥-161.20 Million
2017	8.59%	11.09%	0.48x	1.60x	CN¥-54.81 Million
2018	8.10%	10.05%	0.53x	1.51x	CN¥-80.21 Million
2019	7.74%	9.82%	0.53x	1.49x	CN¥-103.28 Million
2020	10.11%	11.47%	0.54x	1.62x	CN¥5.71 Million
2021	9.79%	11.47%	0.53x	1.60x	CN¥-11.87 Million
2022	3.62%	6.49%	0.39x	1.42x	CN¥-358.97 Million
2023	6.49%	9.75%	0.48x	1.39x	CN¥-211.56 Million
2024	5.50%	9.19%	0.44x	1.35x	CN¥-272.16 Million

Industry Comparison

This section compares Tianrun Crankshaft Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $1,591,014,487
Average return on equity (ROE) among peers: 4.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tianrun Crankshaft Co Ltd (002283)	CN¥6.05 Billion	8.29%	0.37x	$1.89 Billion
FAWER Automotive Parts Ltd Co (000030)	$-981.31 Million	0.00%	0.00x	$1.25 Billion
Wanxiang Qianchao Co Ltd (000559)	$4.12 Billion	11.29%	1.14x	$8.58 Billion
Weifu High-Technology Group Co Ltd (000581)	$1.12 Billion	6.84%	0.38x	$2.32 Billion
Gui Zhou Tyre Co Ltd (000589)	$1.20 Billion	7.26%	1.93x	$1.14 Billion
Qingdao Doublestar Co Ltd (000599)	$1.73 Billion	-20.59%	4.27x	$707.54 Million
Hengli Industrial Development Group Co Ltd (000622)	$204.20 Million	1.54%	0.67x	$9.33 Million
Xiangyang Automobile Bearing Co Ltd (000678)	$1.29 Billion	0.90%	1.00x	$907.28 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700)	$255.64 Million	10.42%	0.21x	$1.95 Billion
Sichuan Haowu Electromechanical Co Ltd (000757)	$341.13 Million	10.15%	0.30x	$381.97 Million
Anhui Zhongding Sealing Parts Co Ltd (000887)	$6.63 Billion	13.60%	0.79x	$3.58 Billion

About Tianrun Crankshaft Co Ltd

SHE:002283 China Auto Parts

Market Cap

$1.89 Billion

CN¥12.93 Billion CNY

Market Cap Rank

#6532 Global

#1513 in China

Share Price

CN¥11.35

Change (1 day)

-9.27%

52-Week Range

CN¥5.47 - CN¥12.51

All Time High

CN¥12.51