Truking Technology Ltd
Truking Technology Limited engages in medical equipment business in China and internationally. It is involved in the pharmaceutical water business that includes pharmaceutical water preparation, storage and distribution systems, process tank groups, public works, and sewage treatment; biological engineering such as biological reaction systems, liquid preparation systems, separation and purificati… Read more
Truking Technology Ltd (300358) - Net Assets
Latest net assets as of September 2025: CN¥4.50 Billion CNY
Based on the latest financial reports, Truking Technology Ltd (300358) has net assets worth CN¥4.50 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¥13.17 Billion) and total liabilities (CN¥8.66 Billion). 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¥4.50 Billion |
| % of Total Assets | 34.21% |
| Annual Growth Rate | 36.04% |
| 5-Year Change | 50.28% |
| 10-Year Change | 184.23% |
| Growth Volatility | 46.22 |
Truking Technology Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Truking Technology Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Truking Technology Ltd (2008–2024)
The table below shows the annual net assets of Truking Technology Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.32 Billion | -9.26% |
| 2023-12-31 | CN¥4.76 Billion | +10.78% |
| 2022-12-31 | CN¥4.30 Billion | +16.72% |
| 2021-12-31 | CN¥3.68 Billion | +28.08% |
| 2020-12-31 | CN¥2.87 Billion | +19.01% |
| 2019-12-31 | CN¥2.41 Billion | +1.10% |
| 2018-12-31 | CN¥2.39 Billion | +3.01% |
| 2017-12-31 | CN¥2.32 Billion | +38.79% |
| 2016-12-31 | CN¥1.67 Billion | +9.96% |
| 2015-12-31 | CN¥1.52 Billion | +82.41% |
| 2014-12-31 | CN¥832.98 Million | +82.95% |
| 2013-12-31 | CN¥455.30 Million | +42.14% |
| 2012-12-31 | CN¥320.32 Million | +42.39% |
| 2011-12-31 | CN¥224.96 Million | +45.39% |
| 2010-12-31 | CN¥154.72 Million | +186.02% |
| 2009-12-31 | CN¥54.10 Million | +72.38% |
| 2008-12-31 | CN¥31.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Truking Technology Ltd'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 8017.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.54 Billion | 36.01% |
| Common Stock | CN¥590.30 Million | 13.77% |
| Other Components | CN¥2.15 Billion | 50.22% |
| Total Equity | CN¥4.29 Billion | 100.00% |
Truking Technology Ltd Competitors by Market Cap
The table below lists competitors of Truking Technology Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang EV-Tech Co.,Ltd.
SHE:301607
|
$545.53 Million |
|
San Bian Science & Technology Co Ltd
SHE:002112
|
$545.59 Million |
|
Shenzhen Consys Science & Technology Co. Ltd. A
SHG:688788
|
$545.81 Million |
|
Nanosonics Ltd
AU:NAN
|
$545.85 Million |
|
Draper Esprit plc
PINK:GRWXF
|
$545.34 Million |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
$545.21 Million |
|
ZhuZhou QianJin Pharmaceutical Co Ltd
SHG:600479
|
$545.18 Million |
|
MA Financial Group Ltd
AU:MAF
|
$545.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Truking Technology Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,720,007,506 to 4,286,819,253, a change of -433,188,253 (-9.2%).
- Net loss of 452,657,987 reduced equity.
- Dividend payments of 108,077,173 reduced retained earnings.
- Other comprehensive income decreased equity by 306,710,088.
- Other factors increased equity by 434,256,995.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-452.66 Million | -10.56% |
| Dividends Paid | CN¥108.08 Million | -2.52% |
| Other Comprehensive Income | CN¥-306.71 Million | -7.15% |
| Other Changes | CN¥434.26 Million | +10.13% |
| Total Change | CN¥- | -9.18% |
Book Value vs Market Value Analysis
This analysis compares Truking Technology Ltd'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: 1.40x
- 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 98.48x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.10 | CN¥10.17 | x |
| 2009-12-31 | CN¥0.18 | CN¥10.17 | x |
| 2010-12-31 | CN¥0.49 | CN¥10.17 | x |
| 2011-12-31 | CN¥0.66 | CN¥10.17 | x |
| 2012-12-31 | CN¥0.94 | CN¥10.17 | x |
| 2013-12-31 | CN¥1.30 | CN¥10.17 | x |
| 2014-12-31 | CN¥2.26 | CN¥10.17 | x |
| 2015-12-31 | CN¥3.86 | CN¥10.17 | x |
| 2016-12-31 | CN¥3.76 | CN¥10.17 | x |
| 2017-12-31 | CN¥5.20 | CN¥10.17 | x |
| 2018-12-31 | CN¥5.14 | CN¥10.17 | x |
| 2019-12-31 | CN¥4.49 | CN¥10.17 | x |
| 2020-12-31 | CN¥5.30 | CN¥10.17 | x |
| 2021-12-31 | CN¥6.38 | CN¥10.17 | x |
| 2022-12-31 | CN¥7.21 | CN¥10.17 | x |
| 2023-12-31 | CN¥8.12 | CN¥10.17 | x |
| 2024-12-31 | CN¥7.26 | CN¥10.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Truking Technology Ltd 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): -10.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.76%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 3.11x
- Recent ROE (-10.56%) is below the historical average (17.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 49.17% | 11.10% | 0.96x | 4.63x | CN¥12.31 Million |
| 2009 | 41.86% | 11.67% | 0.81x | 4.41x | CN¥17.22 Million |
| 2010 | 34.37% | 14.97% | 0.85x | 2.72x | CN¥37.70 Million |
| 2011 | 31.22% | 17.36% | 0.73x | 2.46x | CN¥47.74 Million |
| 2012 | 29.77% | 16.20% | 0.78x | 2.35x | CN¥63.34 Million |
| 2013 | 29.65% | 16.93% | 0.74x | 2.36x | CN¥89.45 Million |
| 2014 | 18.84% | 15.61% | 0.70x | 1.72x | CN¥73.61 Million |
| 2015 | 10.10% | 15.73% | 0.41x | 1.57x | CN¥1.45 Million |
| 2016 | 8.57% | 13.81% | 0.36x | 1.72x | CN¥-23.95 Million |
| 2017 | 6.92% | 12.53% | 0.32x | 1.71x | CN¥-71.48 Million |
| 2018 | 1.75% | 2.53% | 0.39x | 1.76x | CN¥-194.42 Million |
| 2019 | 1.97% | 2.45% | 0.43x | 1.89x | CN¥-191.45 Million |
| 2020 | 7.15% | 5.61% | 0.52x | 2.46x | CN¥-79.85 Million |
| 2021 | 15.77% | 10.77% | 0.53x | 2.77x | CN¥207.16 Million |
| 2022 | 13.47% | 8.80% | 0.58x | 2.62x | CN¥146.06 Million |
| 2023 | 6.72% | 4.66% | 0.58x | 2.47x | CN¥-154.92 Million |
| 2024 | -10.56% | -7.76% | 0.44x | 3.11x | CN¥-881.34 Million |
Industry Comparison
This section compares Truking Technology Ltd's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $2,460,553,786
- Average return on equity (ROE) among peers: 10.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Truking Technology Ltd (300358) | CN¥4.50 Billion | 49.17% | 1.92x | $545.42 Million |
| Beijing Centergate Technologies Holding Co Ltd (000931) | $2.03 Billion | -9.26% | 2.64x | $356.80 Million |
| Blue Sail Medical Co Ltd (002382) | $10.54 Billion | 10.97% | 0.61x | $763.05 Million |
| Andon Health Co Ltd (002432) | $758.75 Million | 1.34% | 0.32x | $2.12 Billion |
| Allmed Medical Products Co Ltd Class A (002950) | $2.75 Billion | 15.67% | 0.82x | $346.13 Million |
| Guangzhou Improve Med Instrument (300030) | $592.55 Million | 4.90% | 0.10x | $234.74 Million |
| Shanghai Tofflon Science Tech (300171) | $2.41 Billion | 11.06% | 0.57x | $784.88 Million |
| Jiangxi Sanxin Medtec Co Ltd (300453) | $1.41 Billion | 16.14% | 0.58x | $438.45 Million |
| Shenyang Xingqi Pharmaceutical Co Ltd (300573) | $1.55 Billion | 13.64% | 0.15x | $1.62 Billion |
| Autek China Inc (300595) | $105.24 Million | 28.59% | 0.10x | $1.21 Billion |