Changshu Tianyin Electromechan
Changshu Tianyin Electromechanical Co.,Ltd engages in the research and development, production, and sale of refrigerator compressor supporting parts in China. It offers overheat overload protectors; PTC starter relays; junction boxes for various refrigeration appliances; current start relays; starter protectors; plastic suction silencers for various refrigerator compressors; plastic compression s… Read more
Changshu Tianyin Electromechan (300342) - Net Assets
Latest net assets as of September 2025: CN¥1.58 Billion CNY
Based on the latest financial reports, Changshu Tianyin Electromechan (300342) has net assets worth CN¥1.58 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¥2.09 Billion) and total liabilities (CN¥512.19 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¥1.58 Billion |
| % of Total Assets | 75.55% |
| Annual Growth Rate | 19.88% |
| 5-Year Change | 4.42% |
| 10-Year Change | 77.42% |
| Growth Volatility | 49.51 |
Changshu Tianyin Electromechan - Net Assets Trend (2009–2024)
This chart illustrates how Changshu Tianyin Electromechan's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Changshu Tianyin Electromechan (2009–2024)
The table below shows the annual net assets of Changshu Tianyin Electromechan from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.58 Billion | +3.20% |
| 2023-12-31 | CN¥1.53 Billion | +2.24% |
| 2022-12-31 | CN¥1.50 Billion | -3.15% |
| 2021-12-31 | CN¥1.55 Billion | +2.18% |
| 2020-12-31 | CN¥1.52 Billion | +5.46% |
| 2019-12-31 | CN¥1.44 Billion | +7.18% |
| 2018-12-31 | CN¥1.34 Billion | -1.83% |
| 2017-12-31 | CN¥1.37 Billion | +10.49% |
| 2016-12-31 | CN¥1.24 Billion | +38.58% |
| 2015-12-31 | CN¥892.64 Million | +12.81% |
| 2014-12-31 | CN¥791.27 Million | +5.51% |
| 2013-12-31 | CN¥749.99 Million | +8.89% |
| 2012-12-31 | CN¥688.73 Million | +199.89% |
| 2011-12-31 | CN¥229.66 Million | +39.38% |
| 2010-12-31 | CN¥164.77 Million | +57.84% |
| 2009-12-31 | CN¥104.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Changshu Tianyin Electromechan'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 1121.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥679.21 Million | 43.23% |
| Common Stock | CN¥425.04 Million | 27.05% |
| Other Comprehensive Income | CN¥123.25 Million | 7.84% |
| Other Components | CN¥343.75 Million | 21.88% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Changshu Tianyin Electromechan Competitors by Market Cap
The table below lists competitors of Changshu Tianyin Electromechan ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Resorttrust Inc
F:5FY
|
$1.72 Billion |
|
Atkore International Group Inc
NYSE:ATKR
|
$1.72 Billion |
|
Pengxin International Mining Co Ltd
SHG:600490
|
$1.72 Billion |
|
Seazen Group Limited
PINK:SZENF
|
$1.72 Billion |
|
Umicore SA
PINK:UMICF
|
$1.72 Billion |
|
Beijing Capital Co Ltd
SHG:600008
|
$1.72 Billion |
|
BigBearai Holdings Inc
NYSE:BBAI
|
$1.72 Billion |
|
Arcus Biosciences Inc
NYSE:RCUS
|
$1.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Changshu Tianyin Electromechan's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,523,340,298 to 1,571,244,141, a change of 47,903,843 (3.1%).
- Net income of 90,407,359 contributed positively to equity growth.
- Dividend payments of 43,430,479 reduced retained earnings.
- Other comprehensive income increased equity by 123,252,802.
- Other factors decreased equity by 122,325,839.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥90.41 Million | +5.75% |
| Dividends Paid | CN¥43.43 Million | -2.76% |
| Other Comprehensive Income | CN¥123.25 Million | +7.84% |
| Other Changes | CN¥-122.33 Million | -7.79% |
| Total Change | CN¥- | 3.14% |
Book Value vs Market Value Analysis
This analysis compares Changshu Tianyin Electromechan'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: 11.22x
- 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 109.14x to 11.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CN¥0.38 | CN¥41.47 | x |
| 2010-12-31 | CN¥0.60 | CN¥41.47 | x |
| 2011-12-31 | CN¥0.79 | CN¥41.47 | x |
| 2012-12-31 | CN¥2.07 | CN¥41.47 | x |
| 2013-12-31 | CN¥1.87 | CN¥41.47 | x |
| 2014-12-31 | CN¥2.05 | CN¥41.47 | x |
| 2015-12-31 | CN¥2.23 | CN¥41.47 | x |
| 2016-12-31 | CN¥2.96 | CN¥41.47 | x |
| 2017-12-31 | CN¥3.19 | CN¥41.47 | x |
| 2018-12-31 | CN¥3.14 | CN¥41.47 | x |
| 2019-12-31 | CN¥3.35 | CN¥41.47 | x |
| 2020-12-31 | CN¥3.53 | CN¥41.47 | x |
| 2021-12-31 | CN¥3.61 | CN¥41.47 | x |
| 2022-12-31 | CN¥3.51 | CN¥41.47 | x |
| 2023-12-31 | CN¥3.58 | CN¥41.47 | x |
| 2024-12-31 | CN¥3.70 | CN¥41.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Changshu Tianyin Electromechan 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): 5.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.63%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.42x
- Recent ROE (5.75%) is below the historical average (14.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 42.06% | 20.51% | 0.86x | 2.38x | CN¥33.46 Million |
| 2010 | 35.91% | 20.05% | 1.01x | 1.78x | CN¥42.70 Million |
| 2011 | 28.59% | 20.64% | 0.91x | 1.53x | CN¥42.69 Million |
| 2012 | 11.67% | 22.22% | 0.45x | 1.17x | CN¥11.47 Million |
| 2013 | 13.43% | 22.55% | 0.52x | 1.14x | CN¥25.70 Million |
| 2014 | 11.50% | 22.24% | 0.45x | 1.14x | CN¥11.88 Million |
| 2015 | 12.76% | 20.53% | 0.51x | 1.22x | CN¥23.71 Million |
| 2016 | 13.52% | 25.25% | 0.44x | 1.20x | CN¥43.00 Million |
| 2017 | 14.09% | 24.65% | 0.44x | 1.31x | CN¥55.34 Million |
| 2018 | 7.33% | 13.05% | 0.39x | 1.44x | CN¥-35.38 Million |
| 2019 | 9.95% | 14.97% | 0.51x | 1.31x | CN¥-721.22K |
| 2020 | 8.50% | 14.20% | 0.43x | 1.39x | CN¥-22.50 Million |
| 2021 | 6.49% | 9.59% | 0.46x | 1.47x | CN¥-53.87 Million |
| 2022 | 0.52% | 0.93% | 0.39x | 1.45x | CN¥-141.23 Million |
| 2023 | 2.15% | 3.15% | 0.48x | 1.42x | CN¥-119.55 Million |
| 2024 | 5.75% | 8.63% | 0.47x | 1.42x | CN¥-66.72 Million |
Industry Comparison
This section compares Changshu Tianyin Electromechan'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 |
|---|---|---|---|---|
| Changshu Tianyin Electromechan (300342) | CN¥1.58 Billion | 42.06% | 0.32x | $1.72 Billion |
| 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 |