Tongyu Heavy Industry (300185) - Net Assets
Based on the latest financial reports, Tongyu Heavy Industry (300185) has net assets worth CN¥7.31 Billion CNY (≈ $1.07 Billion 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¥15.06 Billion ≈ $2.20 Billion USD) and total liabilities (CN¥7.74 Billion ≈ $1.13 Billion 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 Tongyu Heavy Industry assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.31 Billion |
| % of Total Assets | 48.58% |
| Annual Growth Rate | 20.34% |
| 5-Year Change | 5.37% |
| 10-Year Change | 30.32% |
| Growth Volatility | 55.39 |
Tongyu Heavy Industry - Net Assets Trend (2007–2025)
This chart illustrates how Tongyu Heavy Industry's net assets have evolved over time, based on quarterly financial data. Check 300185 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Tongyu Heavy Industry (2007–2025)
The table below shows the annual net assets of Tongyu Heavy Industry from 2007 to 2025. For live valuation and market cap data, see market value of Tongyu Heavy Industry.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.91 Billion ≈ $1.01 Billion |
-0.14% |
| 2024-12-31 | CN¥6.92 Billion ≈ $1.01 Billion |
-1.68% |
| 2023-12-31 | CN¥7.04 Billion ≈ $1.03 Billion |
+1.32% |
| 2022-12-31 | CN¥6.94 Billion ≈ $1.02 Billion |
+5.92% |
| 2021-12-31 | CN¥6.56 Billion ≈ $959.28 Million |
+13.63% |
| 2020-12-31 | CN¥5.77 Billion ≈ $844.23 Million |
+4.96% |
| 2019-12-31 | CN¥5.50 Billion ≈ $804.35 Million |
+3.08% |
| 2018-12-31 | CN¥5.33 Billion ≈ $780.35 Million |
-1.45% |
| 2017-12-31 | CN¥5.41 Billion ≈ $791.83 Million |
+2.09% |
| 2016-12-31 | CN¥5.30 Billion ≈ $775.60 Million |
+37.13% |
| 2015-12-31 | CN¥3.87 Billion ≈ $565.61 Million |
+5.91% |
| 2014-12-31 | CN¥3.65 Billion ≈ $534.03 Million |
-2.39% |
| 2013-12-31 | CN¥3.74 Billion ≈ $547.10 Million |
+1.48% |
| 2012-12-31 | CN¥3.68 Billion ≈ $539.10 Million |
+2.21% |
| 2011-12-31 | CN¥3.60 Billion ≈ $527.42 Million |
+211.03% |
| 2010-12-31 | CN¥1.16 Billion ≈ $169.57 Million |
+19.94% |
| 2009-12-31 | CN¥966.17 Million ≈ $141.38 Million |
+66.48% |
| 2008-12-31 | CN¥580.36 Million ≈ $84.93 Million |
+135.47% |
| 2007-12-31 | CN¥246.47 Million ≈ $36.07 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tongyu Heavy Industry'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 1071.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 15.29% |
| Other Components | CN¥5.81 Billion | 84.71% |
| Total Equity | CN¥6.85 Billion | 100.00% |
Tongyu Heavy Industry Competitors by Market Cap
The table below lists competitors of Tongyu Heavy Industry ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
U-Ming Marine Transport Corp
TW:2606
|
$1.67 Billion |
|
PHARVARIS N.V. EO -12
F:9EN
|
$1.67 Billion |
|
Grand City Properties SA
F:GYC
|
$1.67 Billion |
|
Dongfeng Automobile Co Ltd
SHG:600006
|
$1.67 Billion |
|
China Cinda Asset Management Co., Ltd.
F:0CI
|
$1.67 Billion |
|
Robertet SA
PA:RBT
|
$1.66 Billion |
|
CCL Products (India) Limited
NSE:CCL
|
$1.66 Billion |
|
Corporate Travel Management Ltd
AU:CTD
|
$1.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tongyu Heavy Industry's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,865,484,019 to 6,853,031,285, a change of -12,452,734 (-0.2%).
- Net income of 65,489,682 contributed positively to equity growth.
- Dividend payments of 151,842,751 reduced retained earnings.
- Other comprehensive income decreased equity by 483,712,539.
- Other factors increased equity by 557,612,874.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥65.49 Million | +0.96% |
| Dividends Paid | CN¥151.84 Million | -2.22% |
| Other Comprehensive Income | CN¥-483.71 Million | -7.06% |
| Other Changes | CN¥557.61 Million | +8.14% |
| Total Change | CN¥- | -0.18% |
Book Value vs Market Value Analysis
This analysis compares Tongyu Heavy Industry'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: 1.60x
- 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 23.60x to 1.60x 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¥0.12 | CN¥2.82 | x |
| 2008-12-31 | CN¥0.28 | CN¥2.82 | x |
| 2009-12-31 | CN¥0.47 | CN¥2.82 | x |
| 2010-12-31 | CN¥0.57 | CN¥2.82 | x |
| 2011-12-31 | CN¥1.39 | CN¥2.82 | x |
| 2012-12-31 | CN¥1.33 | CN¥2.82 | x |
| 2013-12-31 | CN¥1.38 | CN¥2.82 | x |
| 2014-12-31 | CN¥1.31 | CN¥2.82 | x |
| 2015-12-31 | CN¥1.18 | CN¥2.82 | x |
| 2016-12-31 | CN¥1.50 | CN¥2.82 | x |
| 2017-12-31 | CN¥1.66 | CN¥2.82 | x |
| 2018-12-31 | CN¥1.66 | CN¥2.82 | x |
| 2019-12-31 | CN¥1.63 | CN¥2.82 | x |
| 2020-12-31 | CN¥1.70 | CN¥2.82 | x |
| 2021-12-31 | CN¥1.67 | CN¥2.82 | x |
| 2022-12-31 | CN¥1.77 | CN¥2.82 | x |
| 2023-12-31 | CN¥1.71 | CN¥2.82 | x |
| 2024-12-31 | CN¥1.66 | CN¥2.82 | x |
| 2025-12-31 | CN¥1.76 | CN¥2.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tongyu Heavy Industry 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): 0.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.99%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.21x
- Recent ROE (0.96%) is below the historical average (8.10%), 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 | 41.29% | 15.83% | 0.43x | 6.04x | CN¥75.01 Million |
| 2008 | 26.68% | 12.56% | 0.59x | 3.60x | CN¥95.51 Million |
| 2009 | 17.45% | 15.25% | 0.51x | 2.23x | CN¥72.03 Million |
| 2010 | 16.62% | 17.09% | 0.40x | 2.41x | CN¥76.77 Million |
| 2011 | 5.29% | 14.94% | 0.21x | 1.69x | CN¥-164.14 Million |
| 2012 | 3.77% | 9.55% | 0.22x | 1.80x | CN¥-218.86 Million |
| 2013 | 1.69% | 3.55% | 0.24x | 1.96x | CN¥-288.40 Million |
| 2014 | 2.30% | 3.92% | 0.30x | 1.96x | CN¥-270.37 Million |
| 2015 | 3.38% | 5.15% | 0.30x | 2.21x | CN¥-236.21 Million |
| 2016 | 3.33% | 6.84% | 0.27x | 1.82x | CN¥-333.12 Million |
| 2017 | 4.21% | 6.73% | 0.31x | 1.99x | CN¥-294.07 Million |
| 2018 | 4.21% | 6.14% | 0.34x | 2.01x | CN¥-298.22 Million |
| 2019 | 4.42% | 5.84% | 0.33x | 2.31x | CN¥-296.67 Million |
| 2020 | 6.85% | 6.70% | 0.46x | 2.23x | CN¥-175.41 Million |
| 2021 | 4.37% | 4.95% | 0.43x | 2.07x | CN¥-366.58 Million |
| 2022 | 3.57% | 4.16% | 0.37x | 2.29x | CN¥-443.63 Million |
| 2023 | 2.92% | 3.51% | 0.37x | 2.26x | CN¥-494.29 Million |
| 2024 | 0.60% | 0.67% | 0.40x | 2.26x | CN¥-645.17 Million |
| 2025 | 0.96% | 0.99% | 0.43x | 2.21x | CN¥-619.81 Million |
Industry Comparison
This section compares Tongyu Heavy Industry's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $8,182,492,842
- Average return on equity (ROE) among peers: 9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tongyu Heavy Industry (300185) | CN¥7.31 Billion | 41.29% | 1.06x | $1.67 Billion |
| China International Marine Containers Group Ltd (000039) | $63.51 Billion | 0.35% | 1.64x | $2.92 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $-168.42 Million | 0.00% | 0.00x | $276.13 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.05 Billion | 0.60% | 0.19x | $295.95 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.95 Billion | 3.40% | 0.34x | $736.33 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.97 Billion | 5.15% | 0.52x | $1.25 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $487.17 Million | 32.21% | 0.27x | $1.28 Billion |
| Dajin Heavy Industry Corp (002487) | $7.27 Billion | 6.52% | 0.59x | $3.68 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $506.67 Million | 9.06% | 0.23x | $191.76 Million |
| Guangzheng Group Co Ltd (002524) | $808.79 Million | 0.60% | 1.00x | $276.00 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $435.46 Million | 37.06% | 4.62x | $2.06 Billion |
About Tongyu Heavy Industry
Tongyu Heavy Industry Co., Ltd. engages in the research and development, manufacture, and sale of forgings and castings. It offers wind power generator main shafts, cylinders, gear rings, ductile iron casting pipe molds, cold work rolls, support rolls, steam turbines and generators, cranks, marine shafts, pressure vessel forgings, machine tool, forging blanks, ESR and steel ingots, etc., as well … Read more