Zhuzhou Tianqiao Crane Co Ltd Net Assets
Zhuzhou Tianqiao Crane Co Ltd net assets. Based on the latest financial reports, Zhuzhou Tianqiao Crane Co Ltd (002523) has net assets worth CN¥2.58 Billion CNY (≈ $377.83 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¥4.65 Billion ≈ $680.38 Million USD) and total liabilities (CN¥2.07 Billion ≈ $302.55 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. Also explore how fast is Zhuzhou Tianqiao Crane Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.58 Billion |
| % of Total Assets | 55.53% |
| Annual Growth Rate | 17.88% |
| 5-Year Change | 9.66% |
| 10-Year Change | 36.44% |
| Growth Volatility | 73.15 |
Net Assets of Zhuzhou Tianqiao Crane Co Ltd (2007–2024)
Net assets of Zhuzhou Tianqiao Crane Co Ltd from 2007 to 2024. This chart illustrates how Zhuzhou Tianqiao Crane Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhuzhou Tianqiao Crane Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Zhuzhou Tianqiao Crane Co Ltd (2007–2024)
The table below shows the annual net assets of Zhuzhou Tianqiao Crane Co Ltd from 2007 to 2024. For live market cap and overall valuation, see how much is Zhuzhou Tianqiao Crane Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.48 Billion ≈ $363.45 Million |
+1.45% |
| 2023-12-31 | CN¥2.45 Billion ≈ $358.25 Million |
+0.39% |
| 2022-12-31 | CN¥2.44 Billion ≈ $356.84 Million |
-2.06% |
| 2021-12-31 | CN¥2.49 Billion ≈ $364.34 Million |
+9.93% |
| 2020-12-31 | CN¥2.27 Billion ≈ $331.44 Million |
+1.68% |
| 2019-12-31 | CN¥2.23 Billion ≈ $325.97 Million |
+2.05% |
| 2018-12-31 | CN¥2.18 Billion ≈ $319.42 Million |
+0.91% |
| 2017-12-31 | CN¥2.16 Billion ≈ $316.53 Million |
+12.32% |
| 2016-12-31 | CN¥1.93 Billion ≈ $281.80 Million |
+5.79% |
| 2015-12-31 | CN¥1.82 Billion ≈ $266.38 Million |
+59.94% |
| 2014-12-31 | CN¥1.14 Billion ≈ $166.56 Million |
+0.06% |
| 2013-12-31 | CN¥1.14 Billion ≈ $166.45 Million |
+1.98% |
| 2012-12-31 | CN¥1.12 Billion ≈ $163.22 Million |
-0.11% |
| 2011-12-31 | CN¥1.12 Billion ≈ $163.41 Million |
+6.22% |
| 2010-12-31 | CN¥1.05 Billion ≈ $153.84 Million |
+313.82% |
| 2009-12-31 | CN¥254.06 Million ≈ $37.18 Million |
+28.36% |
| 2008-12-31 | CN¥197.92 Million ≈ $28.96 Million |
+30.63% |
| 2007-12-31 | CN¥151.51 Million ≈ $22.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhuzhou Tianqiao Crane 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 3649.7% over the analyzed period, indicating profitable operations and earnings retention.
Zhuzhou Tianqiao Crane Co Ltd Net Assets Breakdown (December 2024)
Zhuzhou Tianqiao Crane Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥645.57 Million | 26.90% |
| Common Stock | CN¥1.42 Billion | 59.02% |
| Other Comprehensive Income | CN¥278.40 Million | 11.60% |
| Other Components | CN¥59.57 Million | 2.48% |
| Total Equity | CN¥2.40 Billion | 100.00% |
Zhuzhou Tianqiao Crane Co Ltd Competitors by Market Cap
The table below lists competitors of Zhuzhou Tianqiao Crane Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang China Light & Textile Industrial City Group Co Ltd
SHG:600790
|
$682.08 Million |
|
AEON Thana Sinsap (Thailand) Public Company Limited
BK:AEONTS
|
$682.58 Million |
|
Beijing Philisense Tech
SHE:300287
|
$682.58 Million |
|
PennantPark Floating Rate Capital Ltd
NYSE:PFLT
|
$682.62 Million |
|
Hi target Navigation Tech Co
SHE:300177
|
$681.68 Million |
|
Jenkem Technology Co Ltd
SHG:688356
|
$681.61 Million |
|
Hoang Anh Gia Lai JSC
VN:HAG
|
$681.37 Million |
|
HIT Welding Industry Co. Ltd.
SHE:301137
|
$681.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhuzhou Tianqiao Crane Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,333,234,548 to 2,400,174,119, a change of 66,939,571 (2.9%).
- Net income of 52,753,992 contributed positively to equity growth.
- Dividend payments of 27,829,324 reduced retained earnings.
- Other comprehensive income increased equity by 120,003,182.
- Other factors decreased equity by 77,988,279.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥52.75 Million | +2.2% |
| Dividends Paid | CN¥27.83 Million | -1.16% |
| Other Comprehensive Income | CN¥120.00 Million | +5.0% |
| Other Changes | CN¥-77.99 Million | -3.25% |
| Total Change | CN¥- | 2.87% |
Book Value vs Market Value Analysis
This analysis compares Zhuzhou Tianqiao Crane 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: 1.95x
- 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 18.34x to 1.95x 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¥0.18 | CN¥3.29 | x |
| 2008-12-31 | CN¥0.23 | CN¥3.29 | x |
| 2009-12-31 | CN¥0.29 | CN¥3.29 | x |
| 2010-12-31 | CN¥1.27 | CN¥3.29 | x |
| 2011-12-31 | CN¥0.99 | CN¥3.29 | x |
| 2012-12-31 | CN¥0.98 | CN¥3.29 | x |
| 2013-12-31 | CN¥0.95 | CN¥3.29 | x |
| 2014-12-31 | CN¥0.96 | CN¥3.29 | x |
| 2015-12-31 | CN¥1.41 | CN¥3.29 | x |
| 2016-12-31 | CN¥1.35 | CN¥3.29 | x |
| 2017-12-31 | CN¥1.42 | CN¥3.29 | x |
| 2018-12-31 | CN¥1.56 | CN¥3.29 | x |
| 2019-12-31 | CN¥1.49 | CN¥3.29 | x |
| 2020-12-31 | CN¥1.51 | CN¥3.29 | x |
| 2021-12-31 | CN¥1.69 | CN¥3.29 | x |
| 2022-12-31 | CN¥1.65 | CN¥3.29 | x |
| 2023-12-31 | CN¥1.62 | CN¥3.29 | x |
| 2024-12-31 | CN¥1.68 | CN¥3.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhuzhou Tianqiao Crane 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): 2.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.85%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.96x
- Recent ROE (2.20%) is below the historical average (7.27%), 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 | 28.63% | 10.66% | 0.83x | 3.24x | CN¥26.85 Million |
| 2008 | 25.41% | 8.50% | 0.89x | 3.35x | CN¥28.54 Million |
| 2009 | 22.76% | 9.74% | 0.88x | 2.66x | CN¥30.60 Million |
| 2010 | 7.08% | 12.10% | 0.43x | 1.36x | CN¥-30.27 Million |
| 2011 | 5.94% | 10.15% | 0.43x | 1.36x | CN¥-43.37 Million |
| 2012 | 1.38% | 2.39% | 0.42x | 1.36x | CN¥-91.91 Million |
| 2013 | 2.56% | 6.00% | 0.31x | 1.37x | CN¥-80.45 Million |
| 2014 | 1.27% | 2.73% | 0.35x | 1.35x | CN¥-94.07 Million |
| 2015 | 4.64% | 8.91% | 0.33x | 1.59x | CN¥-94.30 Million |
| 2016 | 5.81% | 8.64% | 0.41x | 1.63x | CN¥-77.12 Million |
| 2017 | 5.62% | 9.38% | 0.37x | 1.62x | CN¥-91.09 Million |
| 2018 | 5.14% | 7.60% | 0.39x | 1.73x | CN¥-101.25 Million |
| 2019 | 3.82% | 6.07% | 0.37x | 1.72x | CN¥-130.81 Million |
| 2020 | 2.71% | 3.87% | 0.37x | 1.87x | CN¥-156.46 Million |
| 2021 | 2.55% | 3.39% | 0.40x | 1.88x | CN¥-176.09 Million |
| 2022 | 1.76% | 2.57% | 0.38x | 1.80x | CN¥-190.72 Million |
| 2023 | 1.60% | 2.15% | 0.38x | 1.95x | CN¥-195.99 Million |
| 2024 | 2.20% | 2.85% | 0.39x | 1.96x | CN¥-187.26 Million |
Industry Comparison
This section compares Zhuzhou Tianqiao Crane Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $8,439,784,974
- Average return on equity (ROE) among peers: 7.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuzhou Tianqiao Crane Co Ltd (002523) | CN¥2.58 Billion | 28.63% | 0.80x | $682.01 Million |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $38.23 Billion | 3.48% | 1.18x | $6.12 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $20.44 Billion | 2.02% | 1.39x | $11.47 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $10.83 Billion | 9.39% | 1.76x | $2.31 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $1.49 Billion | 6.44% | 0.56x | $1.90 Billion |
| Faw Car Co Ltd (000800) | $5.44 Billion | 5.08% | 0.52x | $3.98 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $1.01 Billion | 3.12% | 0.85x | $544.18 Million |
| HBIS Resources Co Ltd (000923) | $421.21 Million | 0.17% | 2.47x | $1.31 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $2.55 Billion | 28.17% | 2.77x | $3.23 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $3.14 Billion | 11.45% | 2.14x | $799.06 Million |
| Infore Environment Technology Group Co Ltd (000967) | $852.79 Million | 5.56% | 1.17x | $3.09 Billion |
About Zhuzhou Tianqiao Crane Co Ltd
Zhuzhou Tianqiao Crane Co., Ltd. manufactures and sells material handling equipment for electrolytic aluminum, steel, construction machinery, and non-ferrous industries in China and internationally. The company offers PTM pot tending and FTM furnace tending machines, anode stacking and insulation overhead cranes, centralized overhaul transfer systems of pots, and automatic storage systems of anod… Read more