Jiangsu Tongda Power Technology Co Ltd (002576) - Net Assets
Based on the latest financial reports, Jiangsu Tongda Power Technology Co Ltd (002576) has net assets worth CN¥1.30 Billion CNY (≈ $190.90 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.03 Billion ≈ $297.70 Million USD) and total liabilities (CN¥729.83 Million ≈ $106.80 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 002576 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.30 Billion |
| % of Total Assets | 64.13% |
| Annual Growth Rate | 15.89% |
| 5-Year Change | 24.72% |
| 10-Year Change | 53.73% |
| Growth Volatility | 53.9 |
Jiangsu Tongda Power Technology Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Jiangsu Tongda Power Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002576 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangsu Tongda Power Technology Co Ltd (2007–2025)
The table below shows the annual net assets of Jiangsu Tongda Power Technology Co Ltd from 2007 to 2025. For live valuation and market cap data, see how much is Jiangsu Tongda Power Technology Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.31 Billion ≈ $192.25 Million |
+5.42% |
| 2024-12-31 | CN¥1.25 Billion ≈ $182.36 Million |
+4.86% |
| 2023-12-31 | CN¥1.19 Billion ≈ $173.91 Million |
+7.36% |
| 2022-12-31 | CN¥1.11 Billion ≈ $161.99 Million |
+5.09% |
| 2021-12-31 | CN¥1.05 Billion ≈ $154.14 Million |
+8.81% |
| 2020-12-31 | CN¥968.08 Million ≈ $141.66 Million |
+8.99% |
| 2019-12-31 | CN¥888.22 Million ≈ $129.97 Million |
+2.63% |
| 2018-12-31 | CN¥865.45 Million ≈ $126.64 Million |
+1.60% |
| 2017-12-31 | CN¥851.79 Million ≈ $124.64 Million |
-0.33% |
| 2016-12-31 | CN¥854.60 Million ≈ $125.05 Million |
-3.59% |
| 2015-12-31 | CN¥886.42 Million ≈ $129.71 Million |
+3.85% |
| 2014-12-31 | CN¥853.59 Million ≈ $124.91 Million |
-2.59% |
| 2013-12-31 | CN¥876.28 Million ≈ $128.23 Million |
+0.90% |
| 2012-12-31 | CN¥868.47 Million ≈ $127.08 Million |
-0.49% |
| 2011-12-31 | CN¥872.72 Million ≈ $127.71 Million |
+232.51% |
| 2010-12-31 | CN¥262.46 Million ≈ $38.41 Million |
+32.36% |
| 2009-12-31 | CN¥198.30 Million ≈ $29.02 Million |
+23.85% |
| 2008-12-31 | CN¥160.11 Million ≈ $23.43 Million |
+73.28% |
| 2007-12-31 | CN¥92.40 Million ≈ $13.52 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Tongda Power Technology 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 1494.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥578.35 Million | 43.61% |
| Other Components | CN¥747.81 Million | 56.39% |
| Total Equity | CN¥1.33 Billion | 100.00% |
Jiangsu Tongda Power Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Tongda Power Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dear U Co. Ltd.
KQ:376300
|
$372.42 Million |
|
Hefei Jingsong Intelligent Technology Co. Ltd. A
SHG:688251
|
$372.45 Million |
|
Guangdong Kitech New Material Holding Co.Ltd.
SHE:300995
|
$372.48 Million |
|
Sohu.Com Inc
NASDAQ:SOHU
|
$372.51 Million |
|
Fonciere Inea
PA:INEA
|
$372.27 Million |
|
BlackRock Energy and Resources Closed Fund
NYSE:BGR
|
$372.17 Million |
|
Samkang M&T Co.Ltd
KQ:100090
|
$372.09 Million |
|
Chalice Mining Ltd
AU:CHN
|
$372.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Tongda Power Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,257,259,922 to 1,326,159,904, a change of 68,899,982 (5.5%).
- Net income of 82,379,105 contributed positively to equity growth.
- Dividend payments of 14,440,303 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥82.38 Million | +6.21% |
| Dividends Paid | CN¥14.44 Million | -1.09% |
| Other Changes | CN¥961.18K | +0.07% |
| Total Change | CN¥- | 5.48% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Tongda Power Technology 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: 1.92x
- 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 15.09x to 1.92x 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¥1.02 | CN¥15.41 | x |
| 2008-12-31 | CN¥1.44 | CN¥15.41 | x |
| 2009-12-31 | CN¥1.68 | CN¥15.41 | x |
| 2010-12-31 | CN¥2.17 | CN¥15.41 | x |
| 2011-12-31 | CN¥5.80 | CN¥15.41 | x |
| 2012-12-31 | CN¥5.20 | CN¥15.41 | x |
| 2013-12-31 | CN¥5.09 | CN¥15.41 | x |
| 2014-12-31 | CN¥5.07 | CN¥15.41 | x |
| 2015-12-31 | CN¥5.16 | CN¥15.41 | x |
| 2016-12-31 | CN¥5.27 | CN¥15.41 | x |
| 2017-12-31 | CN¥4.35 | CN¥15.41 | x |
| 2018-12-31 | CN¥5.40 | CN¥15.41 | x |
| 2019-12-31 | CN¥5.50 | CN¥15.41 | x |
| 2020-12-31 | CN¥5.91 | CN¥15.41 | x |
| 2021-12-31 | CN¥6.43 | CN¥15.41 | x |
| 2022-12-31 | CN¥6.79 | CN¥15.41 | x |
| 2023-12-31 | CN¥7.23 | CN¥15.41 | x |
| 2024-12-31 | CN¥7.56 | CN¥15.41 | x |
| 2025-12-31 | CN¥8.03 | CN¥15.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Tongda Power Technology 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): 6.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.68%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.55x
- Recent ROE (6.21%) is below the historical average (8.54%), 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 | 36.14% | 8.85% | 1.82x | 2.24x | CN¥24.16 Million |
| 2008 | 25.06% | 6.95% | 1.62x | 2.23x | CN¥24.12 Million |
| 2009 | 19.26% | 8.41% | 1.19x | 1.93x | CN¥18.36 Million |
| 2010 | 21.97% | 6.78% | 1.73x | 1.88x | CN¥31.42 Million |
| 2011 | 6.72% | 6.19% | 0.90x | 1.20x | CN¥-28.62 Million |
| 2012 | 2.13% | 2.44% | 0.73x | 1.20x | CN¥-67.51 Million |
| 2013 | 1.18% | 1.11% | 0.79x | 1.35x | CN¥-76.14 Million |
| 2014 | -1.97% | -1.58% | 0.92x | 1.35x | CN¥-100.76 Million |
| 2015 | 1.11% | 1.10% | 0.77x | 1.30x | CN¥-75.65 Million |
| 2016 | 0.57% | 0.59% | 0.83x | 1.15x | CN¥-80.26 Million |
| 2017 | 0.46% | 0.36% | 1.03x | 1.23x | CN¥-81.41 Million |
| 2018 | 2.22% | 1.68% | 1.03x | 1.29x | CN¥-67.73 Million |
| 2019 | 3.82% | 2.65% | 0.98x | 1.47x | CN¥-55.45 Million |
| 2020 | 9.13% | 5.89% | 1.12x | 1.38x | CN¥-8.47 Million |
| 2021 | 9.64% | 5.11% | 1.04x | 1.81x | CN¥-3.78 Million |
| 2022 | 6.04% | 3.85% | 1.00x | 1.57x | CN¥-44.31 Million |
| 2023 | 7.34% | 5.25% | 0.99x | 1.41x | CN¥-31.97 Million |
| 2024 | 5.29% | 3.97% | 0.80x | 1.66x | CN¥-59.23 Million |
| 2025 | 6.21% | 4.68% | 0.85x | 1.55x | CN¥-50.24 Million |
Industry Comparison
This section compares Jiangsu Tongda Power Technology Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Tongda Power Technology Co Ltd (002576) | CN¥1.30 Billion | 36.14% | 0.56x | $372.30 Million |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Jiangsu Tongda Power Technology Co Ltd
Jiangsu Tongda Power Technology Co.,Ltd. manufactures and sells motor and generator stator and rotor iron core products primarily in China. The company offers new energy vehicle motors, core products, power generators, wind power generators, film processing products, and high voltage motors. The company was founded in 1988 and is based in Nantong, China.