Guizhou Taiyong Changzheng Technology Co Ltd Class A
Guizhou Taiyong-Changzheng Technology Co.,Ltd. engages in the manufacture and sale of low-voltage circuit breakers in China. The company offers dual power automatic transfer switches, transformers, industrial control automation products, other medium and low voltage electrical components, and system integration equipment. The company was formerly known as Guizhou Changzheng Switch Manufacturing C… Read more
Guizhou Taiyong Changzheng Technology Co Ltd Class A (002927) - Net Assets
Latest net assets as of September 2025: CN¥1.04 Billion CNY
Based on the latest financial reports, Guizhou Taiyong Changzheng Technology Co Ltd Class A (002927) has net assets worth CN¥1.04 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.64 Billion) and total liabilities (CN¥603.03 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 63.19% |
| Annual Growth Rate | 17.67% |
| 5-Year Change | 10.72% |
| 10-Year Change | 299.15% |
| Growth Volatility | 28.06 |
Guizhou Taiyong Changzheng Technology Co Ltd Class A - Net Assets Trend (2014–2024)
This chart illustrates how Guizhou Taiyong Changzheng Technology Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guizhou Taiyong Changzheng Technology Co Ltd Class A (2014–2024)
The table below shows the annual net assets of Guizhou Taiyong Changzheng Technology Co Ltd Class A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.01 Billion | -6.54% |
| 2023-12-31 | CN¥1.08 Billion | +4.78% |
| 2022-12-31 | CN¥1.03 Billion | +4.44% |
| 2021-12-31 | CN¥990.30 Million | +8.26% |
| 2020-12-31 | CN¥914.74 Million | +8.59% |
| 2019-12-31 | CN¥842.36 Million | +14.61% |
| 2018-12-31 | CN¥734.97 Million | +99.38% |
| 2017-12-31 | CN¥368.63 Million | +16.25% |
| 2016-12-31 | CN¥317.10 Million | +24.97% |
| 2015-12-31 | CN¥253.75 Million | +27.53% |
| 2014-12-31 | CN¥198.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guizhou Taiyong Changzheng Technology Co Ltd Class A'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 411.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥391.83 Million | 38.69% |
| Common Stock | CN¥223.19 Million | 22.04% |
| Other Comprehensive Income | CN¥59.78 Million | 5.90% |
| Other Components | CN¥338.03 Million | 33.37% |
| Total Equity | CN¥1.01 Billion | 100.00% |
Guizhou Taiyong Changzheng Technology Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Guizhou Taiyong Changzheng Technology Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Holding Bursátil Regional S.A.
SN:NUAM
|
$263.26 Million |
|
INNOX Advanced Materials Co.Ltd
KQ:272290
|
$263.28 Million |
|
Fujian Cement Inc
SHG:600802
|
$263.29 Million |
|
CREOTECH INS.S.A. ZY -10
F:5OB
|
$263.34 Million |
|
VT Industrial Technology Co Ltd
SHE:300707
|
$263.09 Million |
|
Yunnan Shennong Agricultural Industry Group Co Ltd
SHG:605296
|
$263.07 Million |
|
Evgo Inc
NASDAQ:EVGO
|
$262.97 Million |
|
ON THE BEACH GRP LS 001
F:9BP
|
$262.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guizhou Taiyong Changzheng Technology Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,016,860,626 to 1,012,831,981, a change of -4,028,645 (-0.4%).
- Net income of 37,368,432 contributed positively to equity growth.
- Dividend payments of 42,034,853 reduced retained earnings.
- Share repurchases of 80,320 reduced equity.
- Other comprehensive income increased equity by 59,782,579.
- Other factors decreased equity by 59,064,483.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥37.37 Million | +3.69% |
| Dividends Paid | CN¥42.03 Million | -4.15% |
| Share Repurchases | CN¥80.32K | -0.01% |
| Other Comprehensive Income | CN¥59.78 Million | +5.9% |
| Other Changes | CN¥-59.06 Million | -5.83% |
| Total Change | CN¥- | -0.40% |
Book Value vs Market Value Analysis
This analysis compares Guizhou Taiyong Changzheng Technology Co Ltd Class A'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: 4.21x
- 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 13.80x to 4.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥1.41 | CN¥19.42 | x |
| 2015-12-31 | CN¥1.59 | CN¥19.42 | x |
| 2016-12-31 | CN¥1.90 | CN¥19.42 | x |
| 2017-12-31 | CN¥2.07 | CN¥19.42 | x |
| 2018-12-31 | CN¥3.40 | CN¥19.42 | x |
| 2019-12-31 | CN¥3.58 | CN¥19.42 | x |
| 2020-12-31 | CN¥3.82 | CN¥19.42 | x |
| 2021-12-31 | CN¥4.15 | CN¥19.42 | x |
| 2022-12-31 | CN¥4.41 | CN¥19.42 | x |
| 2023-12-31 | CN¥4.63 | CN¥19.42 | x |
| 2024-12-31 | CN¥4.61 | CN¥19.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guizhou Taiyong Changzheng Technology Co Ltd Class A 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): 3.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.51x
- Recent ROE (3.69%) is below the historical average (13.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 27.92% | 21.88% | 0.87x | 1.46x | CN¥35.66 Million |
| 2015 | 21.06% | 17.59% | 0.90x | 1.33x | CN¥28.06 Million |
| 2016 | 19.98% | 19.58% | 0.82x | 1.25x | CN¥31.64 Million |
| 2017 | 18.88% | 21.19% | 0.71x | 1.26x | CN¥32.75 Million |
| 2018 | 9.95% | 21.06% | 0.42x | 1.12x | CN¥-352.66K |
| 2019 | 9.27% | 12.23% | 0.54x | 1.40x | CN¥-5.80 Million |
| 2020 | 9.92% | 10.81% | 0.64x | 1.43x | CN¥-653.19K |
| 2021 | 10.37% | 10.05% | 0.69x | 1.51x | CN¥3.41 Million |
| 2022 | 7.04% | 7.62% | 0.58x | 1.59x | CN¥-28.73 Million |
| 2023 | 6.92% | 6.77% | 0.65x | 1.58x | CN¥-31.36 Million |
| 2024 | 3.69% | 4.19% | 0.58x | 1.51x | CN¥-63.91 Million |
Industry Comparison
This section compares Guizhou Taiyong Changzheng Technology Co Ltd Class A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guizhou Taiyong Changzheng Technology Co Ltd Class A (002927) | CN¥1.04 Billion | 27.92% | 0.58x | $263.25 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |