Guangdong Tonze Electric Co Ltd Net Assets
Guangdong Tonze Electric Co Ltd 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. Also explore Guangdong Tonze Electric Co Ltd (002759) equity growth momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Guangdong Tonze Electric Co Ltd (2011–2024)
Net assets of Guangdong Tonze Electric Co Ltd from 2011 to 2024. This chart illustrates how Guangdong Tonze Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guangdong Tonze Electric Co Ltd net asset quality index to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see market value of Guangdong Tonze Electric Co Ltd.
| 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.
Guangdong Tonze Electric Co Ltd Net Assets Breakdown (December 2024)
Guangdong Tonze Electric Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Shandong Jinjing Science and Technology Stock Co Ltd
SHG:600586
|
$765.31 Million |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$765.33 Million |
|
Yan Tai Shuang Ta Food Co Ltd
SHE:002481
|
$765.44 Million |
|
Sigma Lithium Resources Corp
V:SGML
|
$765.58 Million |
|
Nick Scali Ltd
AU:NCK
|
$764.95 Million |
|
Zhongzhong Science & Technology (Tianjin) Co. Ltd. A
SHG:603135
|
$764.77 Million |
|
Huangshan Tourism Development Co Ltd A
SHG:600054
|
$764.64 Million |
|
Jinzhou Jixiang Molybdenum Co Ltd
SHG:603399
|
$764.64 Million |
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: 1.65x
- 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 12.69x to 1.65x 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¥10.43 | x |
| 2012-12-31 | CN¥1.07 | CN¥10.43 | x |
| 2013-12-31 | CN¥1.37 | CN¥10.43 | x |
| 2014-12-31 | CN¥1.52 | CN¥10.43 | x |
| 2015-12-31 | CN¥2.65 | CN¥10.43 | x |
| 2016-12-31 | CN¥13.01 | CN¥10.43 | x |
| 2017-12-31 | CN¥7.55 | CN¥10.43 | x |
| 2018-12-31 | CN¥7.73 | CN¥10.43 | x |
| 2019-12-31 | CN¥6.70 | CN¥10.43 | x |
| 2020-12-31 | CN¥6.63 | CN¥10.43 | x |
| 2021-12-31 | CN¥8.49 | CN¥10.43 | x |
| 2022-12-31 | CN¥9.48 | CN¥10.43 | x |
| 2023-12-31 | CN¥11.46 | CN¥10.43 | x |
| 2024-12-31 | CN¥6.34 | CN¥10.43 | 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: $3,004,800,330
- Average return on equity (ROE) among peers: 0.85%
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 | $765.23 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $10.36 Billion | -17.02% | 1.40x | $1.02 Billion |
| Sichuan Chemical Co Ltd (000155) | $4.12 Billion | 21.84% | 0.44x | $2.37 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $10.24 Billion |
| Zangge Holding Co Ltd (000408) | $380.09 Million | 1.00% | 1.77x | $15.64 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $795.15 Million | -18.52% | 1.27x | $882.59 Million |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.88 Billion | -7.74% | 0.64x | $287.37 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $365.16 Million | 13.94% | 0.26x | $748.08 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.74 Billion | 2.81% | 0.29x | $414.68 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $895.32 Million | 8.09% | 0.35x | $274.63 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $8.26 Billion | 0.69% | 1.35x | $3.08 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