Tongyu Heavy Industry (300185) - Net Assets

Latest as of September 2025: CN¥6.95 Billion CNY ≈ $1.02 Billion USD

Based on the latest financial reports, Tongyu Heavy Industry (300185) has net assets worth CN¥6.95 Billion CNY (≈ $1.02 Billion 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¥14.90 Billion ≈ $2.18 Billion USD) and total liabilities (CN¥7.95 Billion ≈ $1.16 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. Check Tongyu Heavy Industry (300185) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥6.95 Billion
% of Total Assets 46.64%
Annual Growth Rate 21.67%
5-Year Change 19.89%
10-Year Change 78.95%
Growth Volatility 56.56

Tongyu Heavy Industry - Net Assets Trend (2007–2024)

This chart illustrates how Tongyu Heavy Industry's net assets have evolved over time, based on quarterly financial data. Also explore Tongyu Heavy Industry asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Tongyu Heavy Industry (2007–2024)

The table below shows the annual net assets of Tongyu Heavy Industry from 2007 to 2024. For live valuation and market cap data, see 300185 company net worth.

Year Net Assets Change
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 1052.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.03 Billion 15.00%
Common Stock CN¥3.90 Billion 56.76%
Other Comprehensive Income CN¥483.71 Million 7.05%
Other Components CN¥1.45 Billion 21.19%
Total Equity CN¥6.87 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
Genius Electronic Optical Co Ltd
TW:3406
 $1.81 Billion
Lingyun Ind
SHG:600480
 $1.81 Billion
Wondershare Technology Co Ltd Class A
SHE:300624
 $1.81 Billion
Elkem ASA
OL:ELK
 $1.81 Billion
Evergreen Aviation Tech Corp
TW:2645
 $1.81 Billion
SPG Co. Ltd
KQ:058610
 $1.81 Billion
Mirae Asset Daewoo Co Ltd Pref
KO:00680K
 $1.80 Billion
Solvac S.A.
BR:SOLV
 $1.80 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 2023 to 2024, total equity changed from 6,984,542,658 to 6,865,484,019, a change of -119,058,639 (-1.7%).
  • Net income of 41,376,014 contributed positively to equity growth.
  • Dividend payments of 204,467,929 reduced retained earnings.
  • Other comprehensive income increased equity by 9,754,808.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥41.38 Million +0.6%
Dividends Paid CN¥204.47 Million -2.98%
Other Comprehensive Income CN¥9.75 Million +0.14%
Other Changes CN¥34.28 Million +0.5%
Total Change CN¥- -1.70%

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: 1.91x
  • 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 26.53x to 1.91x 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¥3.17 x
2008-12-31 CN¥0.28 CN¥3.17 x
2009-12-31 CN¥0.47 CN¥3.17 x
2010-12-31 CN¥0.57 CN¥3.17 x
2011-12-31 CN¥1.39 CN¥3.17 x
2012-12-31 CN¥1.33 CN¥3.17 x
2013-12-31 CN¥1.38 CN¥3.17 x
2014-12-31 CN¥1.31 CN¥3.17 x
2015-12-31 CN¥1.18 CN¥3.17 x
2016-12-31 CN¥1.50 CN¥3.17 x
2017-12-31 CN¥1.66 CN¥3.17 x
2018-12-31 CN¥1.66 CN¥3.17 x
2019-12-31 CN¥1.63 CN¥3.17 x
2020-12-31 CN¥1.70 CN¥3.17 x
2021-12-31 CN¥1.67 CN¥3.17 x
2022-12-31 CN¥1.77 CN¥3.17 x
2023-12-31 CN¥1.71 CN¥3.17 x
2024-12-31 CN¥1.66 CN¥3.17 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): 0.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.67%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 2.26x
  • Recent ROE (0.60%) is below the historical average (8.50%), 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

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: $1,775,582,049
  • Average return on equity (ROE) among peers: 9.11%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tongyu Heavy Industry (300185) CN¥6.95 Billion 41.29% 1.14x $1.81 Billion
China International Marine Containers Group Ltd (000039) $117.09 Million 38.10% 0.98x $4.17 Billion
Xinjiang Hejin Holding Co Ltd (000633) $226.97 Million 1.05% 0.40x $384.89 Million
Guangdong Jingyi Metal Co Ltd (002295) $832.24 Million 2.58% 0.83x $411.84 Million
Shanghai Xinpeng Industry Co Ltd (002328) $2.72 Billion 3.51% 0.48x $1.17 Billion
Beijing Lier High Temperature Materials Co Ltd (002392) $1.81 Billion 5.91% 0.16x $1.60 Billion
Suzhou Victory Precision Manufacture Co Ltd (002426) $7.46 Billion -10.76% 1.40x $1.85 Billion
Dajin Heavy Industry Corp (002487) $1.55 Billion 3.04% 0.28x $7.84 Billion
Jiangsu Boamax Technologies Group Co Ltd (002514) $1.03 Billion 6.46% 0.73x $358.24 Million
Guangzheng Group Co Ltd (002524) $38.92 Million 30.50% 1.33x $332.55 Million
Anhui Honglu Steel Construction Group Co Ltd (002541) $1.98 Billion 10.74% 1.11x $1.96 Billion

About Tongyu Heavy Industry

SHE:300185 China Metal Fabrication
Market Cap
$1.81 Billion
CN¥12.35 Billion CNY
Market Cap Rank
#6657 Global
#1529 in China
Share Price
CN¥3.17
Change (1 day)
+0.32%
52-Week Range
CN¥2.62 - CN¥4.21
All Time High
CN¥6.13
Categories
Companies in China Metal Fabrication
About

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