Tianjin Keyvia Electric Co Ltd (300407) - Net Assets
Based on the latest financial reports, Tianjin Keyvia Electric Co Ltd (300407) has net assets worth CN¥1.94 Billion CNY (≈ $283.91 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¥3.43 Billion ≈ $501.29 Million USD) and total liabilities (CN¥1.49 Billion ≈ $217.38 Million 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 Tianjin Keyvia Electric Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.94 Billion |
| % of Total Assets | 56.64% |
| Annual Growth Rate | 17.66% |
| 5-Year Change | 25.07% |
| 10-Year Change | 127.05% |
| Growth Volatility | 31.69 |
Tianjin Keyvia Electric Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Tianjin Keyvia Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Tianjin Keyvia Electric Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Tianjin Keyvia Electric Co Ltd (2011–2024)
The table below shows the annual net assets of Tianjin Keyvia Electric Co Ltd from 2011 to 2024. For live valuation and market cap data, see market cap of Tianjin Keyvia Electric Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.81 Billion ≈ $265.29 Million |
+0.19% |
| 2023-12-31 | CN¥1.81 Billion ≈ $264.79 Million |
+15.47% |
| 2022-12-31 | CN¥1.57 Billion ≈ $229.30 Million |
+7.62% |
| 2021-12-31 | CN¥1.46 Billion ≈ $213.07 Million |
+0.45% |
| 2020-12-31 | CN¥1.45 Billion ≈ $212.11 Million |
+7.11% |
| 2019-12-31 | CN¥1.35 Billion ≈ $198.03 Million |
+22.57% |
| 2018-12-31 | CN¥1.10 Billion ≈ $161.57 Million |
+11.84% |
| 2017-12-31 | CN¥987.25 Million ≈ $144.47 Million |
+7.25% |
| 2016-12-31 | CN¥920.49 Million ≈ $134.70 Million |
+15.28% |
| 2015-12-31 | CN¥798.47 Million ≈ $116.84 Million |
+8.41% |
| 2014-12-31 | CN¥736.56 Million ≈ $107.78 Million |
+127.11% |
| 2013-12-31 | CN¥324.31 Million ≈ $47.46 Million |
+16.00% |
| 2012-12-31 | CN¥279.57 Million ≈ $40.91 Million |
+27.79% |
| 2011-12-31 | CN¥218.78 Million ≈ $32.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tianjin Keyvia Electric Co 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 494.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥899.81 Million | 50.12% |
| Common Stock | CN¥318.20 Million | 17.72% |
| Other Components | CN¥577.24 Million | 32.15% |
| Total Equity | CN¥1.80 Billion | 100.00% |
Tianjin Keyvia Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Keyvia Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changzhou Almaden Co Ltd
SHE:002623
|
$617.25 Million |
|
NV Nederlandsche Apparatenfabriek Nedap
AS:NEDAP
|
$617.34 Million |
|
Shandong Wohua Pharmaceutical Co Ltd
SHE:002107
|
$617.43 Million |
|
Destiny Tech100 Inc.
NYSE:DXYZ
|
$617.53 Million |
|
Thor Explorations Ltd.
V:THX
|
$617.20 Million |
|
Carlton Investments Ltd
AU:CIN
|
$617.04 Million |
|
Sinotherapeutics Inc. A
SHG:688247
|
$616.94 Million |
|
Doosan Skoda Power as
PR:DSPW
|
$616.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Keyvia Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,781,232,510 to 1,795,249,431, a change of 14,016,921 (0.8%).
- Net income of 93,892,440 contributed positively to equity growth.
- Dividend payments of 44,328,667 reduced retained earnings.
- Other factors decreased equity by 35,546,852.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥93.89 Million | +5.23% |
| Dividends Paid | CN¥44.33 Million | -2.47% |
| Other Changes | CN¥-35.55 Million | -1.98% |
| Total Change | CN¥- | 0.79% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Keyvia Electric Co 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: 2.30x
- 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 12.46x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.06 | CN¥13.18 | x |
| 2012-12-31 | CN¥1.35 | CN¥13.18 | x |
| 2013-12-31 | CN¥1.57 | CN¥13.18 | x |
| 2014-12-31 | CN¥3.49 | CN¥13.18 | x |
| 2015-12-31 | CN¥2.95 | CN¥13.18 | x |
| 2016-12-31 | CN¥3.37 | CN¥13.18 | x |
| 2017-12-31 | CN¥3.66 | CN¥13.18 | x |
| 2018-12-31 | CN¥3.69 | CN¥13.18 | x |
| 2019-12-31 | CN¥4.73 | CN¥13.18 | x |
| 2020-12-31 | CN¥4.73 | CN¥13.18 | x |
| 2021-12-31 | CN¥4.74 | CN¥13.18 | x |
| 2022-12-31 | CN¥5.11 | CN¥13.18 | x |
| 2023-12-31 | CN¥5.73 | CN¥13.18 | x |
| 2024-12-31 | CN¥5.74 | CN¥13.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Keyvia Electric Co 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): 5.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.24%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.79x
- Recent ROE (5.23%) is below the historical average (10.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.13% | 24.78% | 0.62x | 1.83x | CN¥39.08 Million |
| 2012 | 23.88% | 23.55% | 0.61x | 1.65x | CN¥38.27 Million |
| 2013 | 21.22% | 22.96% | 0.42x | 2.18x | CN¥35.94 Million |
| 2014 | 10.03% | 21.49% | 0.32x | 1.48x | CN¥190.60K |
| 2015 | 8.80% | 16.45% | 0.37x | 1.45x | CN¥-9.48 Million |
| 2016 | 13.35% | 15.76% | 0.43x | 1.98x | CN¥30.56 Million |
| 2017 | 6.56% | 4.40% | 0.72x | 2.06x | CN¥-33.63 Million |
| 2018 | 1.35% | 0.91% | 0.68x | 2.19x | CN¥-94.62 Million |
| 2019 | 5.08% | 3.77% | 0.70x | 1.93x | CN¥-66.11 Million |
| 2020 | 5.92% | 4.37% | 0.73x | 1.87x | CN¥-58.82 Million |
| 2021 | 4.66% | 3.55% | 0.67x | 1.96x | CN¥-77.31 Million |
| 2022 | 5.71% | 4.65% | 0.66x | 1.86x | CN¥-66.87 Million |
| 2023 | 5.41% | 4.81% | 0.65x | 1.74x | CN¥-81.82 Million |
| 2024 | 5.23% | 4.24% | 0.69x | 1.79x | CN¥-85.63 Million |
Industry Comparison
This section compares Tianjin Keyvia Electric Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $1,715,319,606
- Average return on equity (ROE) among peers: 8.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Keyvia Electric Co Ltd (300407) | CN¥1.94 Billion | 28.13% | 0.77x | $617.25 Million |
| China High-Speed Railway Technology (000008) | $7.19 Billion | 12.16% | 0.49x | $1.07 Billion |
| Nanjing Zhongbei Group Co Ltd (000421) | $979.37 Million | 5.20% | 1.75x | $532.07 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $141.06 Million | 0.83% | 0.96x | $1.00 Billion |
| Vontron Technology Co Ltd (000920) | $1.04 Billion | 3.23% | 0.50x | $796.72 Million |
| China Railway Materials Co Ltd (000927) | $1.66 Billion | 30.22% | 2.33x | $2.49 Billion |
| HeNan Splendor Science & Technology Co Ltd (002296) | $1.46 Billion | 1.90% | 0.40x | $644.19 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.21 Billion | 3.10% | 1.15x | $537.64 Million |
| Chengdu Yunda Technology Co Ltd (300440) | $1.36 Billion | 7.00% | 0.73x | $1.18 Billion |
| Zhejiang Tiantie Industry Co Ltd (300587) | $396.10 Million | 16.83% | 0.41x | $1.17 Billion |
About Tianjin Keyvia Electric Co Ltd
Tianjin Keyvia Electric Co.,Ltd engages in the research and development, production, and sales of electrified railway and urban rail transit traction power supply systems in China. The company offers power supply dispatching, substation and distribution integrated automation, telecontrol terminal control, wide area protection measurement and control, intelligent auxiliary monitoring, railway tunn… Read more