Guangdong Tonze Electric Co Ltd (002759) - Net Assets
Based on the latest financial reports, Guangdong Tonze Electric Co Ltd (002759) has net assets worth CN¥3.58 Billion CNY (≈ $523.28 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¥6.15 Billion ≈ $900.41 Million USD) and total liabilities (CN¥2.58 Billion ≈ $377.13 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 002759 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.58 Billion |
| % of Total Assets | 58.12% |
| Annual Growth Rate | 28.01% |
| 5-Year Change | 37.74% |
| 10-Year Change | 551.0% |
| Growth Volatility | 130.5 |
Guangdong Tonze Electric Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Guangdong Tonze Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002759 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Guangdong Tonze Electric Co Ltd (2011–2024)
The table below shows the annual net assets of Guangdong Tonze Electric Co Ltd from 2011 to 2024. For live valuation and market cap data, see Guangdong Tonze Electric Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.67 Billion ≈ $537.76 Million |
-28.62% |
| 2023-12-31 | CN¥5.15 Billion ≈ $753.35 Million |
+24.27% |
| 2022-12-31 | CN¥4.14 Billion ≈ $606.22 Million |
+12.62% |
| 2021-12-31 | CN¥3.68 Billion ≈ $538.31 Million |
+37.88% |
| 2020-12-31 | CN¥2.67 Billion ≈ $390.40 Million |
-1.00% |
| 2019-12-31 | CN¥2.69 Billion ≈ $394.33 Million |
-20.96% |
| 2018-12-31 | CN¥3.41 Billion ≈ $498.88 Million |
+1.83% |
| 2017-12-31 | CN¥3.35 Billion ≈ $489.93 Million |
+0.26% |
| 2016-12-31 | CN¥3.34 Billion ≈ $488.66 Million |
+491.57% |
| 2015-12-31 | CN¥564.51 Million ≈ $82.60 Million |
+107.38% |
| 2014-12-31 | CN¥272.20 Million ≈ $39.83 Million |
+10.05% |
| 2013-12-31 | CN¥247.35 Million ≈ $36.20 Million |
+29.46% |
| 2012-12-31 | CN¥191.07 Million ≈ $27.96 Million |
+28.95% |
| 2011-12-31 | CN¥148.17 Million ≈ $21.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Tonze Electric 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 decreased by 406.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥501.38 Million | 15.76% |
| Other Components | CN¥2.78 Billion | 87.22% |
| Total Equity | CN¥3.18 Billion | 100.00% |
Guangdong Tonze Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Tonze Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ta Chen Stainless Pipe Co Ltd
TW:2027
|
$2.80 Billion |
|
Lifestance Health Group Inc
NASDAQ:LFST
|
$2.80 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
$2.80 Billion |
|
Hubei Xinyangfeng Fertilizer Co Ltd
SHE:000902
|
$2.80 Billion |
|
SEB SA UNSP.ADR EO-01
F:GRB0
|
$2.79 Billion |
|
Zhejiang Orient Holdings Co Ltd
SHG:600120
|
$2.79 Billion |
|
Deppon Logistics Co Ltd
SHG:603056
|
$2.79 Billion |
|
Timken India Limited
NSE:TIMKEN
|
$2.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Tonze Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,665,429,753 to 3,182,164,559, a change of -1,483,265,194 (-31.8%).
- Net loss of 1,360,884,611 reduced equity.
- Dividend payments of 76,656,795 reduced retained earnings.
- Share repurchases of 118,225,923 reduced equity.
- Other factors increased equity by 72,502,135.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.36 Billion | -42.77% |
| Dividends Paid | CN¥76.66 Million | -2.41% |
| Share Repurchases | CN¥118.23 Million | -3.72% |
| Other Changes | CN¥72.50 Million | +2.28% |
| Total Change | CN¥- | -31.79% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Tonze Electric 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: 6.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 46.33x to 6.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.82 | CN¥38.09 | x |
| 2012-12-31 | CN¥1.07 | CN¥38.09 | x |
| 2013-12-31 | CN¥1.37 | CN¥38.09 | x |
| 2014-12-31 | CN¥1.52 | CN¥38.09 | x |
| 2015-12-31 | CN¥2.65 | CN¥38.09 | x |
| 2016-12-31 | CN¥13.01 | CN¥38.09 | x |
| 2017-12-31 | CN¥7.55 | CN¥38.09 | x |
| 2018-12-31 | CN¥7.73 | CN¥38.09 | x |
| 2019-12-31 | CN¥6.70 | CN¥38.09 | x |
| 2020-12-31 | CN¥6.63 | CN¥38.09 | x |
| 2021-12-31 | CN¥8.49 | CN¥38.09 | x |
| 2022-12-31 | CN¥9.48 | CN¥38.09 | x |
| 2023-12-31 | CN¥11.46 | CN¥38.09 | x |
| 2024-12-31 | CN¥6.34 | CN¥38.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Tonze Electric 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): -42.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -66.24%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.99x
- Recent ROE (-42.77%) is below the historical average (7.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.22% | 15.45% | 1.33x | 1.37x | CN¥27.00 Million |
| 2012 | 26.22% | 15.17% | 1.34x | 1.29x | CN¥30.99 Million |
| 2013 | 22.75% | 15.21% | 1.14x | 1.31x | CN¥31.55 Million |
| 2014 | 21.30% | 14.47% | 0.91x | 1.62x | CN¥30.75 Million |
| 2015 | 10.55% | 14.46% | 0.63x | 1.15x | CN¥3.12 Million |
| 2016 | 2.31% | 15.44% | 0.14x | 1.05x | CN¥-256.93 Million |
| 2017 | 0.66% | 2.60% | 0.23x | 1.12x | CN¥-312.62 Million |
| 2018 | 2.46% | 9.74% | 0.22x | 1.17x | CN¥-257.12 Million |
| 2019 | 1.20% | 4.19% | 0.24x | 1.20x | CN¥-237.01 Million |
| 2020 | -0.40% | -1.45% | 0.23x | 1.21x | CN¥-277.57 Million |
| 2021 | 21.83% | 33.07% | 0.49x | 1.33x | CN¥403.74 Million |
| 2022 | 13.81% | 16.07% | 0.53x | 1.63x | CN¥145.23 Million |
| 2023 | 0.79% | 1.67% | 0.28x | 1.66x | CN¥-429.90 Million |
| 2024 | -42.77% | -66.24% | 0.32x | 1.99x | CN¥-1.68 Billion |
Industry Comparison
This section compares Guangdong Tonze Electric Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,178,306,039
- Average return on equity (ROE) among peers: 10.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Tonze Electric Co Ltd (002759) | CN¥3.58 Billion | 28.22% | 0.72x | $2.79 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.81 Billion | 5.56% | 1.48x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $505.75 Million | 22.40% | 1.18x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.48 Billion | 3.69% | 0.56x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $54.34 Million | 16.98% | 1.99x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $610.23 Million | -19.65% | 0.75x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $2.00 Billion | 8.28% | 0.37x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $176.24 Million | 15.53% | 0.23x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $768.33 Million | 5.42% | 4.18x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $423.45 Million | 10.96% | 0.24x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $2.95 Billion | 30.81% | 1.19x | $4.87 Billion |
About Guangdong Tonze Electric Co Ltd
Tonze New Energy Technology Co.,Ltd. engages in the production of lithium hexafluorophosphate and other fluoride salt and calcium chloride products in China. It operates through the Home Appliances and Related, Lithium-Ion Battery Materials, and Phosphorous Chemical Products segments. The company provides lithium hexafluorophosphate for electric vehicle power batteries and lithium-ion batteries, … Read more