Guizhou Taiyong Changzheng Technology Co Ltd Class A Net Assets
Guizhou Taiyong Changzheng Technology Co Ltd Class A net assets. Based on the latest financial reports, Guizhou Taiyong Changzheng Technology Co Ltd Class A (002927) has net assets worth CN¥1.04 Billion CNY (≈ $151.46 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¥1.64 Billion ≈ $239.71 Million USD) and total liabilities (CN¥603.03 Million ≈ $88.24 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 002927 shareholders equity momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Guizhou Taiyong Changzheng Technology Co Ltd Class A (2014–2024)
Net assets of Guizhou Taiyong Changzheng Technology Co Ltd Class A from 2014 to 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. See Guizhou Taiyong Changzheng Technology Co (002927) balance sheet quality index to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see market cap of Guizhou Taiyong Changzheng Technology Co.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.01 Billion ≈ $148.21 Million |
-6.54% |
| 2023-12-31 | CN¥1.08 Billion ≈ $158.58 Million |
+4.78% |
| 2022-12-31 | CN¥1.03 Billion ≈ $151.35 Million |
+4.44% |
| 2021-12-31 | CN¥990.30 Million ≈ $144.91 Million |
+8.26% |
| 2020-12-31 | CN¥914.74 Million ≈ $133.86 Million |
+8.59% |
| 2019-12-31 | CN¥842.36 Million ≈ $123.26 Million |
+14.61% |
| 2018-12-31 | CN¥734.97 Million ≈ $107.55 Million |
+99.38% |
| 2017-12-31 | CN¥368.63 Million ≈ $53.94 Million |
+16.25% |
| 2016-12-31 | CN¥317.10 Million ≈ $46.40 Million |
+24.97% |
| 2015-12-31 | CN¥253.75 Million ≈ $37.13 Million |
+27.53% |
| 2014-12-31 | CN¥198.97 Million ≈ $29.12 Million |
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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.
Guizhou Taiyong Changzheng Technology Co Ltd Class A Net Assets Breakdown (December 2024)
Guizhou Taiyong Changzheng Technology Co Ltd Class A net assets breakdown by equity component as of 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 |
|---|---|
|
Jasmine International Public Company Limited
BK:JAS-R
|
$413.53 Million |
|
Shanghai Fudan Forward S&T Co Ltd
SHG:600624
|
$413.54 Million |
|
Wanxiang Doneed Co Ltd
SHG:600371
|
$413.58 Million |
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
$413.68 Million |
|
Teladan Prima Agro PT Tbk
JK:TLDN
|
$413.45 Million |
|
Promotora de Informaciones SA
MC:PRS
|
$413.34 Million |
|
PEPPER MONEY LTD.
F:X95
|
$413.28 Million |
|
SHELF DRILLING LTD
F:6SD
|
$413.20 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: 2.75x
- 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 8.99x to 2.75x 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¥12.66 | x |
| 2015-12-31 | CN¥1.59 | CN¥12.66 | x |
| 2016-12-31 | CN¥1.90 | CN¥12.66 | x |
| 2017-12-31 | CN¥2.07 | CN¥12.66 | x |
| 2018-12-31 | CN¥3.40 | CN¥12.66 | x |
| 2019-12-31 | CN¥3.58 | CN¥12.66 | x |
| 2020-12-31 | CN¥3.82 | CN¥12.66 | x |
| 2021-12-31 | CN¥4.15 | CN¥12.66 | x |
| 2022-12-31 | CN¥4.41 | CN¥12.66 | x |
| 2023-12-31 | CN¥4.63 | CN¥12.66 | x |
| 2024-12-31 | CN¥4.61 | CN¥12.66 | 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: $3,518,927,067
- Average return on equity (ROE) among peers: 7.58%
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 | $413.48 Million |
| XJ Electric Co Ltd (000400) | $8.95 Billion | 5.26% | 0.79x | $3.28 Billion |
| Guangdong Macro Co Ltd (000533) | $951.12 Million | 9.03% | 1.57x | $845.10 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $663.40 Million | 21.97% | 0.34x | $867.22 Million |
| Dongfang Electronics Co Ltd (000682) | $1.38 Billion | 1.37% | 0.26x | $1.81 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.54 Billion | 2.10% | 1.51x | $560.80 Million |
| Huagong Tech Co Ltd (000988) | $3.26 Billion | 7.06% | 0.72x | $9.14 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $476.40 Million | 11.31% | 1.40x | $1.16 Billion |
| Sieyuan Electric Co Ltd (002028) | $6.71 Billion | 13.91% | 0.66x | $11.68 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $190.71 Million | 2.39% | 0.15x | $366.50 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $6.00 Billion |
About 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