Tian Jin Motor Dies Co Ltd

SHE:002510 China Auto Parts
Market Cap
$1.06 Billion
CN¥7.77 Billion CNY
Market Cap Rank
#7539 Global
#1296 in China
Share Price
CN¥7.65
Change (1 day)
-1.92%
52-Week Range
CN¥4.75 - CN¥8.65
All Time High
CN¥8.92
About

Tianjin Motor Dies Co.,Ltd. engages in the research and development, design, production, and sale of automobile body panel molds and supporting products in China and internationally. The company offers automobile body panel molds, automobile body stamping parts, inspection tools, and welding fixtures; and aviation parts. Tianjin Motor Dies Co., Ltd. was founded in 1996 and is headquartered in Tia… Read more

Tian Jin Motor Dies Co Ltd (002510) - Net Assets

Latest net assets as of September 2025: CN¥2.49 Billion CNY

Based on the latest financial reports, Tian Jin Motor Dies Co Ltd (002510) has net assets worth CN¥2.49 Billion 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¥6.36 Billion) and total liabilities (CN¥3.87 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¥2.49 Billion
% of Total Assets 39.19%
Annual Growth Rate 17.4%
5-Year Change 18.02%
10-Year Change 37.25%
Growth Volatility 61.65

Tian Jin Motor Dies Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Tian Jin Motor Dies 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 Tian Jin Motor Dies Co Ltd (2007–2024)

The table below shows the annual net assets of Tian Jin Motor Dies Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.47 Billion +16.72%
2023-12-31 CN¥2.12 Billion +4.19%
2022-12-31 CN¥2.03 Billion +5.18%
2021-12-31 CN¥1.93 Billion -7.73%
2020-12-31 CN¥2.10 Billion -22.42%
2019-12-31 CN¥2.70 Billion +2.57%
2018-12-31 CN¥2.63 Billion +8.70%
2017-12-31 CN¥2.42 Billion +18.03%
2016-12-31 CN¥2.05 Billion +13.90%
2015-12-31 CN¥1.80 Billion +7.17%
2014-12-31 CN¥1.68 Billion +8.31%
2013-12-31 CN¥1.55 Billion +6.99%
2012-12-31 CN¥1.45 Billion +4.97%
2011-12-31 CN¥1.38 Billion +7.09%
2010-12-31 CN¥1.29 Billion +257.37%
2009-12-31 CN¥361.08 Million +19.59%
2008-12-31 CN¥301.94 Million +86.62%
2007-12-31 CN¥161.79 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tian Jin Motor Dies 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 391.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥197.23 Million 7.96%
Common Stock CN¥1.02 Billion 40.97%
Other Comprehensive Income CN¥255.70 Million 10.32%
Other Components CN¥1.01 Billion 40.75%
Total Equity CN¥2.48 Billion 100.00%

Tian Jin Motor Dies Co Ltd Competitors by Market Cap

The table below lists competitors of Tian Jin Motor Dies Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tian Jin Motor Dies Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,112,626,128 to 2,477,729,846, a change of 365,103,718 (17.3%).
  • Net income of 95,252,774 contributed positively to equity growth.
  • Dividend payments of 74,427,552 reduced retained earnings.
  • Other comprehensive income increased equity by 255,695,867.
  • Other factors increased equity by 88,582,629.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥95.25 Million +3.84%
Dividends Paid CN¥74.43 Million -3.0%
Other Comprehensive Income CN¥255.70 Million +10.32%
Other Changes CN¥88.58 Million +3.58%
Total Change CN¥- 17.28%

Book Value vs Market Value Analysis

This analysis compares Tian Jin Motor Dies 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: 2.94x
  • 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 21.39x to 2.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.36 CN¥7.65 x
2008-12-31 CN¥0.51 CN¥7.65 x
2009-12-31 CN¥0.59 CN¥7.65 x
2010-12-31 CN¥2.03 CN¥7.65 x
2011-12-31 CN¥1.67 CN¥7.65 x
2012-12-31 CN¥1.76 CN¥7.65 x
2013-12-31 CN¥1.88 CN¥7.65 x
2014-12-31 CN¥2.01 CN¥7.65 x
2015-12-31 CN¥2.18 CN¥7.65 x
2016-12-31 CN¥2.43 CN¥7.65 x
2017-12-31 CN¥2.56 CN¥7.65 x
2018-12-31 CN¥2.93 CN¥7.65 x
2019-12-31 CN¥2.99 CN¥7.65 x
2020-12-31 CN¥2.27 CN¥7.65 x
2021-12-31 CN¥2.03 CN¥7.65 x
2022-12-31 CN¥2.15 CN¥7.65 x
2023-12-31 CN¥2.27 CN¥7.65 x
2024-12-31 CN¥2.60 CN¥7.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tian Jin Motor Dies 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): 3.84%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.47%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 2.42x
  • Recent ROE (3.84%) is below the historical average (6.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 41.25% 15.80% 0.48x 5.43x CN¥50.56 Million
2008 20.56% 11.20% 0.47x 3.90x CN¥31.89 Million
2009 21.70% 13.16% 0.47x 3.48x CN¥42.25 Million
2010 6.40% 9.94% 0.38x 1.68x CN¥-46.42 Million
2011 8.25% 11.33% 0.48x 1.51x CN¥-24.08 Million
2012 6.83% 11.06% 0.35x 1.79x CN¥-45.86 Million
2013 7.96% 10.50% 0.39x 1.93x CN¥-31.41 Million
2014 9.97% 11.18% 0.42x 2.10x CN¥-452.11K
2015 9.18% 9.10% 0.49x 2.08x CN¥-14.61 Million
2016 7.42% 7.61% 0.46x 2.10x CN¥-52.15 Million
2017 3.90% 4.83% 0.41x 1.99x CN¥-145.73 Million
2018 8.19% 9.53% 0.39x 2.22x CN¥-47.03 Million
2019 3.34% 4.11% 0.37x 2.20x CN¥-177.71 Million
2020 -39.73% -61.28% 0.24x 2.65x CN¥-1.03 Billion
2021 -11.06% -11.28% 0.38x 2.59x CN¥-403.47 Million
2022 3.97% 3.14% 0.44x 2.84x CN¥-121.92 Million
2023 3.96% 2.99% 0.46x 2.90x CN¥-127.64 Million
2024 3.84% 3.47% 0.46x 2.42x CN¥-152.52 Million

Industry Comparison

This section compares Tian Jin Motor Dies Co Ltd's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $2,572,980,621
  • Average return on equity (ROE) among peers: 8.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tian Jin Motor Dies Co Ltd (002510) CN¥2.49 Billion 41.25% 1.55x $949.65 Million
Wanxiang Qianchao Co Ltd (000559) $2.25 Billion 8.11% 1.30x $2.51 Billion
Weifu High-Technology Group Co Ltd (000581) $15.35 Billion 16.75% 0.32x $1.90 Billion
Gui Zhou Tyre Co Ltd (000589) $840.45 Million 2.86% 1.85x $805.35 Million
Qingdao Doublestar Co Ltd (000599) $772.99 Million 6.94% 1.69x $447.80 Million
Hengli Industrial Development Group Co Ltd (000622) $169.93 Million 0.00% 0.80x $7.81 Million
Xiangyang Automobile Bearing Co Ltd (000678) $926.07 Million -5.80% 1.58x $632.55 Million
Jiangnan Mould & Plastic Technology Co Ltd (000700) $415.84 Million 7.91% 0.51x $929.41 Million
Sichuan Haowu Electromechanical Co Ltd (000757) $97.36 Million 31.38% 1.32x $230.79 Million
Anhui Zhongding Sealing Parts Co Ltd (000887) $598.28 Million 10.29% 1.20x $2.06 Billion
Aerospace Hi-Tech Holding Group Co Ltd (000901) $4.31 Billion 3.73% 0.63x $1.62 Billion