Tanac Automation Co Ltd (300461) - Net Assets

Latest as of June 2025: CN¥488.69 Million CNY ≈ $71.51 Million USD

Based on the latest financial reports, Tanac Automation Co Ltd (300461) has net assets worth CN¥488.69 Million CNY (≈ $71.51 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥898.25 Million ≈ $131.44 Million USD) and total liabilities (CN¥409.56 Million ≈ $59.93 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 Tanac Automation Co Ltd (300461) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥488.69 Million
% of Total Assets 54.4%
Annual Growth Rate 10.04%
5-Year Change 244.61%
10-Year Change 71.07%
Growth Volatility 127.4

Tanac Automation Co Ltd - Net Assets Trend (2014–2024)

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

Annual Net Assets for Tanac Automation Co Ltd (2014–2024)

The table below shows the annual net assets of Tanac Automation Co Ltd from 2014 to 2024. For live valuation and market cap data, see how much is Tanac Automation Co Ltd worth.

Year Net Assets Change
2024-12-31 CN¥507.75 Million
≈ $74.30 Million
-23.94%
2023-12-31 CN¥667.59 Million
≈ $97.69 Million
+0.14%
2022-12-31 CN¥666.64 Million
≈ $97.55 Million
+171.55%
2021-12-31 CN¥245.49 Million
≈ $35.92 Million
+66.62%
2020-12-31 CN¥147.34 Million
≈ $21.56 Million
+386.45%
2019-12-31 CN¥30.29 Million
≈ $4.43 Million
-91.12%
2018-12-31 CN¥341.15 Million
≈ $49.92 Million
-22.82%
2017-12-31 CN¥442.05 Million
≈ $64.69 Million
+21.74%
2016-12-31 CN¥363.10 Million
≈ $53.13 Million
+22.33%
2015-12-31 CN¥296.81 Million
≈ $43.43 Million
+52.17%
2014-12-31 CN¥195.06 Million
≈ $28.54 Million
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Equity Component Analysis

This analysis shows how different components contribute to Tanac Automation 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 decreased by 550.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CN¥851.89 Million 163.03%
Total Equity CN¥522.54 Million 100.00%

Tanac Automation Co Ltd Competitors by Market Cap

The table below lists competitors of Tanac Automation Co Ltd ranked by their market capitalization.

Company Market Cap
Mahanagar Gas Limited
NSE:MGL
$1.21 Billion
YCC CORP
KQ:232140
$1.21 Billion
Jiangsu Favored Nanotechnology Co. Ltd. A
SHG:688371
$1.21 Billion
H&K AG
PA:MLHK
$1.21 Billion
Kinh Bac City Development Share Holding Corp
VN:KBC
$1.21 Billion
China Harzone Industry Corp Ltd
SHE:300527
$1.21 Billion
Malion New Materials Co Ltd
SHE:300586
$1.21 Billion
GCI Liberty, Inc.
NASDAQ:GLIBK
$1.21 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tanac Automation Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 676,217,823 to 522,535,233, a change of -153,682,590 (-22.7%).
  • Net loss of 153,554,416 reduced equity.
  • Dividend payments of 2,885,847 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-153.55 Million -29.39%
Dividends Paid CN¥2.89 Million -0.55%
Other Changes CN¥2.76 Million +0.53%
Total Change CN¥- -22.73%

Book Value vs Market Value Analysis

This analysis compares Tanac Automation 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: 15.73x
  • 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 19.33x to 15.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥2.73 CN¥52.78 x
2018-12-31 CN¥1.96 CN¥52.78 x
2019-12-31 CN¥0.24 CN¥52.78 x
2020-12-31 CN¥1.13 CN¥52.78 x
2021-12-31 CN¥1.88 CN¥52.78 x
2022-12-31 CN¥4.15 CN¥52.78 x
2023-12-31 CN¥4.34 CN¥52.78 x
2024-12-31 CN¥3.36 CN¥52.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tanac Automation 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): -29.39%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -67.93%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.69x
  • Recent ROE (-29.39%) is above the historical average (-59.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 13.19% 21.04% 0.54x 1.17x CN¥6.21 Million
2015 7.42% 20.28% 0.33x 1.11x CN¥-7.67 Million
2016 4.45% 6.28% 0.23x 3.14x CN¥-16.69 Million
2017 6.12% 4.21% 0.40x 3.64x CN¥-13.45 Million
2018 -36.30% -11.05% 0.58x 5.70x CN¥-113.25 Million
2019 -680.88% -39.07% 1.04x 16.80x CN¥-199.42 Million
2020 58.46% 23.51% 0.64x 3.88x CN¥70.89 Million
2021 13.00% 9.28% 0.65x 2.16x CN¥7.36 Million
2022 -9.56% -33.31% 0.20x 1.40x CN¥-129.88 Million
2023 1.46% 3.80% 0.28x 1.36x CN¥-57.75 Million
2024 -29.39% -67.93% 0.26x 1.69x CN¥-205.81 Million

Industry Comparison

This section compares Tanac Automation Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,004,947,424
  • Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tanac Automation Co Ltd (300461) CN¥488.69 Million 13.19% 0.84x $1.21 Billion
Huayi Compressor Co Ltd (000404) $4.89 Billion 8.55% 1.57x $843.29 Million
Shenyang Machine Tool Co Ltd (000410) $824.03 Million -170.30% 29.09x $2.39 Billion
North Industries Group Red Arrow Co Ltd (000519) $319.51 Million 4.81% 0.48x $3.61 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $3.45 Billion 2.58% 0.60x $520.37 Million
Changchai Co Ltd (000570) $3.36 Billion 2.28% 0.55x $522.04 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $327.45 Million -65.69% 8.93x $32.29 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $1.06 Billion
SUFA Technology Industry Co Ltd CNNC (000777) $280.92 Million 8.98% 0.50x $1.11 Billion
J.S. Corrugating Machinery Co Ltd (000821) $2.30 Billion -22.46% 1.14x $938.81 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.55 Billion 0.54% 0.80x $1.66 Billion

About Tanac Automation Co Ltd

SHE:300461 China Specialty Industrial Machinery
Market Cap
$1.21 Billion
CN¥8.29 Billion CNY
Market Cap Rank
#8293 Global
#2120 in China
Share Price
CN¥52.78
Change (1 day)
-0.42%
52-Week Range
CN¥17.61 - CN¥74.80
All Time High
CN¥74.80
About

Tanac Automation Co., Ltd. produces and sells of automated electromechanical equipment, automation systems, automated machinery, and electronic and mechanical components. It offers wireless charging coil equipment, induction cooker high-frequency heating coil equipment, transformer six-axis high-speed casing machine, transformer/relay standard winding equipment, air-core coil winding equipment, m… Read more