Tanac Automation Co Ltd (300461) - Net Assets
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
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