Truking Technology Ltd (300358) - Net Assets

Latest as of September 2025: CN¥4.50 Billion CNY ≈ $659.12 Million USD

Based on the latest financial reports, Truking Technology Ltd (300358) has net assets worth CN¥4.50 Billion CNY (≈ $659.12 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¥13.17 Billion ≈ $1.93 Billion USD) and total liabilities (CN¥8.66 Billion ≈ $1.27 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 Truking Technology Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 300358 asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Truking Technology Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥4.32 Billion ≈ $631.96 Million	-9.26%
2023-12-31	CN¥4.76 Billion ≈ $696.41 Million	+10.78%
2022-12-31	CN¥4.30 Billion ≈ $628.65 Million	+16.72%
2021-12-31	CN¥3.68 Billion ≈ $538.59 Million	+28.08%
2020-12-31	CN¥2.87 Billion ≈ $420.52 Million	+19.01%
2019-12-31	CN¥2.41 Billion ≈ $353.36 Million	+1.10%
2018-12-31	CN¥2.39 Billion ≈ $349.50 Million	+3.01%
2017-12-31	CN¥2.32 Billion ≈ $339.30 Million	+38.79%
2016-12-31	CN¥1.67 Billion ≈ $244.48 Million	+9.96%
2015-12-31	CN¥1.52 Billion ≈ $222.34 Million	+82.41%
2014-12-31	CN¥832.98 Million ≈ $121.89 Million	+82.95%
2013-12-31	CN¥455.30 Million ≈ $66.62 Million	+42.14%
2012-12-31	CN¥320.32 Million ≈ $46.87 Million	+42.39%
2011-12-31	CN¥224.96 Million ≈ $32.92 Million	+45.39%
2010-12-31	CN¥154.72 Million ≈ $22.64 Million	+186.02%
2009-12-31	CN¥54.10 Million ≈ $7.92 Million	+72.38%
2008-12-31	CN¥31.38 Million ≈ $4.59 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
U Blox Holding AG SW:UBXN	$1.04 Billion
Ameresco Inc NYSE:AMRC	$1.04 Billion
Zhe Jiang Kangsheng Co Ltd SHE:002418	$1.04 Billion
Voltamp Transformers Limited NSE:VOLTAMP	$1.04 Billion
Fujian Nanping Sun Cable Co Ltd SHE:002300	$1.04 Billion
Shandong Xinhua Pharmaceutical Co Ltd SHE:000756	$1.04 Billion
Shenzhen Xunjiexing Technology Corp. Ltd. SHG:688655	$1.04 Billion
Shanghai Urban Architecture Design Co. Ltd. SHE:300983	$1.04 Billion

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: 1.37x
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 96.45x to 1.37x 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¥9.96	x
2009-12-31	CN¥0.18	CN¥9.96	x
2010-12-31	CN¥0.49	CN¥9.96	x
2011-12-31	CN¥0.66	CN¥9.96	x
2012-12-31	CN¥0.94	CN¥9.96	x
2013-12-31	CN¥1.30	CN¥9.96	x
2014-12-31	CN¥2.26	CN¥9.96	x
2015-12-31	CN¥3.86	CN¥9.96	x
2016-12-31	CN¥3.76	CN¥9.96	x
2017-12-31	CN¥5.20	CN¥9.96	x
2018-12-31	CN¥5.14	CN¥9.96	x
2019-12-31	CN¥4.49	CN¥9.96	x
2020-12-31	CN¥5.30	CN¥9.96	x
2021-12-31	CN¥6.38	CN¥9.96	x
2022-12-31	CN¥7.21	CN¥9.96	x
2023-12-31	CN¥8.12	CN¥9.96	x
2024-12-31	CN¥7.26	CN¥9.96	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: $1,797,858,625
Average return on equity (ROE) among peers: 8.20%

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	$1.04 Billion
Beijing Centergate Technologies Holding Co Ltd (000931)	$858.96 Million	5.81%	3.43x	$517.97 Million
Blue Sail Medical Co Ltd (002382)	$203.26 Million	29.44%	0.87x	$1.04 Billion
Andon Health Co Ltd (002432)	$747.77 Million	-1.23%	0.25x	$5.18 Billion
Allmed Medical Products Co Ltd Class A (002950)	$3.45 Billion	10.69%	0.47x	$1.31 Billion
Guangzhou Improve Med Instrument (300030)	$643.86 Million	-18.31%	0.93x	$382.31 Million
QITIAN Technology Group Co Ltd (300061)	$64.46 Million	19.72%	1.76x	$948.89 Million
Shanghai Tofflon Science Tech (300171)	$8.11 Billion	7.40%	0.59x	$1.49 Billion
Jiangxi Sanxin Medtec Co Ltd (300453)	$552.62 Million	6.63%	0.13x	$810.58 Million
Shenyang Xingqi Pharmaceutical Co Ltd (300573)	$1.55 Billion	13.64%	0.15x	$2.53 Billion

About Truking Technology Ltd

SHE:300358 China Medical Instruments & Supplies

Market Cap

$1.04 Billion

CN¥7.12 Billion CNY

Market Cap Rank

#9006 Global

#2443 in China

Share Price

CN¥9.96

Change (1 day)

+0.81%

52-Week Range

CN¥7.22 - CN¥12.15

All Time High

CN¥27.75