Shijiazhuang Tonhe Electronics Technologies Co Ltd Net Assets
Shijiazhuang Tonhe Electronics Technologies Co Ltd net assets. Based on the latest financial reports, Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) has net assets worth CN¥1.21 Billion CNY (≈ $177.13 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.24 Billion ≈ $474.38 Million USD) and total liabilities (CN¥2.03 Billion ≈ $297.26 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. Also explore 300491 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.21 Billion |
| % of Total Assets | 37.34% |
| Annual Growth Rate | 23.4% |
| 5-Year Change | 27.4% |
| 10-Year Change | 197.88% |
| Growth Volatility | 34.6 |
Net Assets of Shijiazhuang Tonhe Electronics Technologies Co Ltd (2011–2025)
Net assets of Shijiazhuang Tonhe Electronics Technologies Co Ltd from 2011 to 2025. This chart illustrates how Shijiazhuang Tonhe Electronics Technologies Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300491 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Shijiazhuang Tonhe Electronics Technologies Co Ltd (2011–2025)
The table below shows the annual net assets of Shijiazhuang Tonhe Electronics Technologies Co Ltd from 2011 to 2025. For live market cap and overall valuation, see market value of Shijiazhuang Tonhe Electronics Technolog.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.23 Billion ≈ $180.65 Million |
+8.33% |
| 2024-12-31 | CN¥1.14 Billion ≈ $166.76 Million |
+2.05% |
| 2023-12-31 | CN¥1.12 Billion ≈ $163.40 Million |
+10.35% |
| 2022-12-31 | CN¥1.01 Billion ≈ $148.08 Million |
+4.42% |
| 2021-12-31 | CN¥969.05 Million ≈ $141.80 Million |
+39.41% |
| 2020-12-31 | CN¥695.09 Million ≈ $101.71 Million |
+2.74% |
| 2019-12-31 | CN¥676.55 Million ≈ $99.00 Million |
+63.51% |
| 2018-12-31 | CN¥413.76 Million ≈ $60.55 Million |
-4.04% |
| 2017-12-31 | CN¥431.18 Million ≈ $63.09 Million |
+4.04% |
| 2016-12-31 | CN¥414.44 Million ≈ $60.65 Million |
+4.77% |
| 2015-12-31 | CN¥395.57 Million ≈ $57.88 Million |
+118.84% |
| 2014-12-31 | CN¥180.76 Million ≈ $26.45 Million |
+19.70% |
| 2013-12-31 | CN¥151.01 Million ≈ $22.10 Million |
+31.72% |
| 2012-12-31 | CN¥114.65 Million ≈ $16.78 Million |
+76.34% |
| 2011-12-31 | CN¥65.02 Million ≈ $9.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shijiazhuang Tonhe Electronics Technologies 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 475.5% over the analyzed period, indicating profitable operations and earnings retention.
Shijiazhuang Tonhe Electronics Technologies Co Ltd Net Assets Breakdown (December 2025)
Shijiazhuang Tonhe Electronics Technologies Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥331.03 Million | 27.46% |
| Common Stock | CN¥175.67 Million | 14.57% |
| Other Comprehensive Income | CN¥73.48 Million | 6.10% |
| Other Components | CN¥625.32 Million | 51.87% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Shijiazhuang Tonhe Electronics Technologies Co Ltd Competitors by Market Cap
The table below lists competitors of Shijiazhuang Tonhe Electronics Technologies Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invesco Value Municipal Income Closed Fund
NYSE:IIM
|
$528.48 Million |
|
Yaari Digital Integrated Services Limited
NSE:YAARI
|
$528.49 Million |
|
Fastighetsbolaget Emilshus AB
ST:EMIL-B
|
$528.64 Million |
|
Nederman Holding AB
ST:NMAN
|
$528.71 Million |
|
Invengo Information Technology Co Ltd
SHE:002161
|
$528.26 Million |
|
Okea ASA
OL:OKEA
|
$528.13 Million |
|
SECHE ENVIRO.UNSP.ADR 1/5
F:SCB0
|
$528.04 Million |
|
Chularat Hospital Public Company Limited
BK:CHG
|
$528.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shijiazhuang Tonhe Electronics Technologies Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,139,586,332 to 1,205,496,668, a change of 65,910,336 (5.8%).
- Net income of 40,153,273 contributed positively to equity growth.
- Dividend payments of 11,882,190 reduced retained earnings.
- Other comprehensive income increased equity by 15,256,213.
- Other factors increased equity by 22,383,040.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.15 Million | +3.33% |
| Dividends Paid | CN¥11.88 Million | -0.99% |
| Other Comprehensive Income | CN¥15.26 Million | +1.27% |
| Other Changes | CN¥22.38 Million | +1.86% |
| Total Change | CN¥- | 5.78% |
Book Value vs Market Value Analysis
This analysis compares Shijiazhuang Tonhe Electronics Technologies 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: 2.96x
- 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 33.69x to 2.96x 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¥0.60 | CN¥20.32 | x |
| 2012-12-31 | CN¥1.06 | CN¥20.32 | x |
| 2013-12-31 | CN¥1.41 | CN¥20.32 | x |
| 2014-12-31 | CN¥1.67 | CN¥20.32 | x |
| 2015-12-31 | CN¥3.65 | CN¥20.32 | x |
| 2016-12-31 | CN¥2.83 | CN¥20.32 | x |
| 2017-12-31 | CN¥2.82 | CN¥20.32 | x |
| 2018-12-31 | CN¥2.92 | CN¥20.32 | x |
| 2019-12-31 | CN¥4.28 | CN¥20.32 | x |
| 2020-12-31 | CN¥4.36 | CN¥20.32 | x |
| 2021-12-31 | CN¥5.95 | CN¥20.32 | x |
| 2022-12-31 | CN¥5.93 | CN¥20.32 | x |
| 2023-12-31 | CN¥6.42 | CN¥20.32 | x |
| 2024-12-31 | CN¥6.66 | CN¥20.32 | x |
| 2025-12-31 | CN¥6.86 | CN¥20.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shijiazhuang Tonhe Electronics Technologies 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): 3.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.59%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.11x
- Recent ROE (3.33%) is below the historical average (11.01%), 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 | 38.17% | 29.87% | 1.06x | 1.20x | CN¥18.32 Million |
| 2012 | 29.77% | 30.67% | 0.72x | 1.34x | CN¥22.67 Million |
| 2013 | 24.08% | 27.06% | 0.66x | 1.36x | CN¥21.26 Million |
| 2014 | 20.61% | 24.83% | 0.60x | 1.39x | CN¥19.17 Million |
| 2015 | 10.80% | 23.04% | 0.35x | 1.33x | CN¥3.18 Million |
| 2016 | 9.90% | 18.43% | 0.39x | 1.36x | CN¥-405.87K |
| 2017 | 2.49% | 4.94% | 0.36x | 1.40x | CN¥-32.40 Million |
| 2018 | -3.42% | -8.74% | 0.31x | 1.25x | CN¥-55.54 Million |
| 2019 | 4.44% | 10.84% | 0.32x | 1.27x | CN¥-37.65 Million |
| 2020 | 5.97% | 12.94% | 0.34x | 1.34x | CN¥-28.01 Million |
| 2021 | 3.36% | 7.72% | 0.33x | 1.32x | CN¥-64.27 Million |
| 2022 | 4.39% | 6.94% | 0.41x | 1.54x | CN¥-56.75 Million |
| 2023 | 9.19% | 10.17% | 0.51x | 1.78x | CN¥-9.09 Million |
| 2024 | 2.10% | 1.98% | 0.57x | 1.87x | CN¥-90.02 Million |
| 2025 | 3.33% | 2.59% | 0.61x | 2.11x | CN¥-80.40 Million |
Industry Comparison
This section compares Shijiazhuang Tonhe Electronics Technologies Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,194,081,674
- Average return on equity (ROE) among peers: 13.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) | CN¥1.21 Billion | 38.17% | 1.68x | $528.28 Million |
| XJ Electric Co Ltd (000400) | $2.76 Billion | 5.32% | 1.09x | $3.70 Billion |
| Guangdong Macro Co Ltd (000533) | $627.50 Million | 10.89% | 1.21x | $870.37 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $1.97 Billion | 10.42% | 0.19x | $899.68 Million |
| Dongfang Electronics Co Ltd (000682) | $275.30 Million | 25.65% | 0.27x | $1.88 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.54 Billion | 2.10% | 1.51x | $571.84 Million |
| Huagong Tech Co Ltd (000988) | $141.93 Million | 21.53% | 0.30x | $8.82 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $1.12 Billion |
| Sieyuan Electric Co Ltd (002028) | $2.82 Billion | 5.45% | 0.34x | $12.47 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $88.12 Million | 23.77% | 0.92x | $443.54 Million |
| Gotion High tech Co Ltd (002074) | $105.54 Million | 20.87% | 1.30x | $6.27 Billion |
About Shijiazhuang Tonhe Electronics Technologies Co Ltd
Shijiazhuang Tonhe Electronics Technologies Co.,Ltd. engages in the research and development, production, sale, and service of power electronics industry products in China and internationally. The company offers smart grid products, such as DC power system, AIDC data center DC power supply solution, communication power supply, distribution automation terminal power supply, fire power supply, unin… Read more