Tian Jin Motor Dies Co Ltd (002510) - Net Assets
Based on the latest financial reports, Tian Jin Motor Dies Co Ltd (002510) has net assets worth CN¥2.49 Billion CNY (≈ $364.67 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¥6.36 Billion ≈ $930.60 Million USD) and total liabilities (CN¥3.87 Billion ≈ $565.93 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 002510 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Tian Jin Motor Dies Co Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Tian Jin Motor Dies Co Ltd (002510) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.47 Billion ≈ $361.82 Million |
+16.72% |
| 2023-12-31 | CN¥2.12 Billion ≈ $310.00 Million |
+4.19% |
| 2022-12-31 | CN¥2.03 Billion ≈ $297.53 Million |
+5.18% |
| 2021-12-31 | CN¥1.93 Billion ≈ $282.87 Million |
-7.73% |
| 2020-12-31 | CN¥2.10 Billion ≈ $306.58 Million |
-22.42% |
| 2019-12-31 | CN¥2.70 Billion ≈ $395.15 Million |
+2.57% |
| 2018-12-31 | CN¥2.63 Billion ≈ $385.25 Million |
+8.70% |
| 2017-12-31 | CN¥2.42 Billion ≈ $354.41 Million |
+18.03% |
| 2016-12-31 | CN¥2.05 Billion ≈ $300.26 Million |
+13.90% |
| 2015-12-31 | CN¥1.80 Billion ≈ $263.62 Million |
+7.17% |
| 2014-12-31 | CN¥1.68 Billion ≈ $245.99 Million |
+8.31% |
| 2013-12-31 | CN¥1.55 Billion ≈ $227.11 Million |
+6.99% |
| 2012-12-31 | CN¥1.45 Billion ≈ $212.27 Million |
+4.97% |
| 2011-12-31 | CN¥1.38 Billion ≈ $202.21 Million |
+7.09% |
| 2010-12-31 | CN¥1.29 Billion ≈ $188.83 Million |
+257.37% |
| 2009-12-31 | CN¥361.08 Million ≈ $52.84 Million |
+19.59% |
| 2008-12-31 | CN¥301.94 Million ≈ $44.18 Million |
+86.62% |
| 2007-12-31 | CN¥161.79 Million ≈ $23.67 Million |
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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.
| Company | Market Cap |
|---|---|
|
UP FINT. HLDG (SP.ADR) A
F:1M5
|
$1.01 Billion |
|
Daoming Optics&Chemical Co Ltd
SHE:002632
|
$1.01 Billion |
|
Revolve Group LLC
NYSE:RVLV
|
$1.01 Billion |
|
Guangxi Radio and Television Information Network Corp Ltd
SHG:600936
|
$1.01 Billion |
|
Beijing UniStrong Science & Technology Co Ltd
SHE:002383
|
$1.01 Billion |
|
Geron Corporation
NASDAQ:GERN
|
$1.01 Billion |
|
Changsha DIALINE New Material Sci & Tech Co Ltd
SHE:300700
|
$1.01 Billion |
|
Shentong Technology Group Co Ltd
SHG:605228
|
$1.01 Billion |
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: 2.61x
- 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 18.99x to 2.61x 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¥6.79 | x |
| 2008-12-31 | CN¥0.51 | CN¥6.79 | x |
| 2009-12-31 | CN¥0.59 | CN¥6.79 | x |
| 2010-12-31 | CN¥2.03 | CN¥6.79 | x |
| 2011-12-31 | CN¥1.67 | CN¥6.79 | x |
| 2012-12-31 | CN¥1.76 | CN¥6.79 | x |
| 2013-12-31 | CN¥1.88 | CN¥6.79 | x |
| 2014-12-31 | CN¥2.01 | CN¥6.79 | x |
| 2015-12-31 | CN¥2.18 | CN¥6.79 | x |
| 2016-12-31 | CN¥2.43 | CN¥6.79 | x |
| 2017-12-31 | CN¥2.56 | CN¥6.79 | x |
| 2018-12-31 | CN¥2.93 | CN¥6.79 | x |
| 2019-12-31 | CN¥2.99 | CN¥6.79 | x |
| 2020-12-31 | CN¥2.27 | CN¥6.79 | x |
| 2021-12-31 | CN¥2.03 | CN¥6.79 | x |
| 2022-12-31 | CN¥2.15 | CN¥6.79 | x |
| 2023-12-31 | CN¥2.27 | CN¥6.79 | x |
| 2024-12-31 | CN¥2.60 | CN¥6.79 | 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: $2,600,803,038
- Average return on equity (ROE) among peers: 8.05%
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 | $1.01 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $9.35 Billion | 10.17% | 1.39x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.63 Billion | 8.78% | 0.95x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $798.46 Million | 1.49% | 1.70x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $671.47 Million | 7.81% | 1.44x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $262.35 Million | 3.86% | 0.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.05 Billion | -7.53% | 1.24x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.65 Billion | 8.43% | 0.86x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $146.05 Million | 29.40% | 2.09x | $3.35 Billion |
About Tian Jin Motor Dies Co Ltd
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