VT Industrial Technology Co Ltd (300707) - Net Assets
Based on the latest financial reports, VT Industrial Technology Co Ltd (300707) has net assets worth CN¥1.19 Billion CNY (≈ $174.44 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¥1.93 Billion ≈ $282.86 Million USD) and total liabilities (CN¥740.87 Million ≈ $108.41 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 300707 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.19 Billion |
| % of Total Assets | 61.67% |
| Annual Growth Rate | 28.35% |
| 5-Year Change | 59.66% |
| 10-Year Change | 536.1% |
| Growth Volatility | 37.05 |
VT Industrial Technology Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how VT Industrial Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of VT Industrial Technology Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for VT Industrial Technology Co Ltd (2013–2024)
The table below shows the annual net assets of VT Industrial Technology Co Ltd from 2013 to 2024. For live valuation and market cap data, see VT Industrial Technology Co Ltd (300707) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion ≈ $169.14 Million |
-2.45% |
| 2023-12-31 | CN¥1.18 Billion ≈ $173.38 Million |
+44.28% |
| 2022-12-31 | CN¥821.26 Million ≈ $120.18 Million |
+6.40% |
| 2021-12-31 | CN¥771.82 Million ≈ $112.94 Million |
+6.61% |
| 2020-12-31 | CN¥723.96 Million ≈ $105.94 Million |
+10.10% |
| 2019-12-31 | CN¥657.57 Million ≈ $96.22 Million |
+3.29% |
| 2018-12-31 | CN¥636.61 Million ≈ $93.16 Million |
+6.02% |
| 2017-12-31 | CN¥600.46 Million ≈ $87.87 Million |
+126.60% |
| 2016-12-31 | CN¥264.99 Million ≈ $38.78 Million |
+45.83% |
| 2015-12-31 | CN¥181.72 Million ≈ $26.59 Million |
+64.85% |
| 2014-12-31 | CN¥110.23 Million ≈ $16.13 Million |
+48.47% |
| 2013-12-31 | CN¥74.24 Million ≈ $10.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to VT Industrial Technology 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 649.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥351.40 Million | 30.54% |
| Common Stock | CN¥177.00 Million | 15.39% |
| Other Components | CN¥622.06 Million | 54.07% |
| Total Equity | CN¥1.15 Billion | 100.00% |
VT Industrial Technology Co Ltd Competitors by Market Cap
The table below lists competitors of VT Industrial Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PHX Energy Services Corporation
TO:PHX
|
$392.59 Million |
|
Tellgen Corp
SHE:300642
|
$392.70 Million |
|
Guangdong Hongteo Accurate Technology Co Ltd
SHE:300176
|
$392.73 Million |
|
Holtek Semiconductor Inc
TW:6202
|
$392.78 Million |
|
Vaibhav Global Limited
NSE:VAIBHAVGBL
|
$392.20 Million |
|
Jilin Jlu Communication Design Institute Co Ltd
SHE:300597
|
$392.08 Million |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180
|
$391.97 Million |
|
Shanghai Fenghwa Group Co Ltd
SHG:600615
|
$391.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VT Industrial Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,179,917,685 to 1,150,465,629, a change of -29,452,056 (-2.5%).
- Net income of 20,863,736 contributed positively to equity growth.
- Dividend payments of 16,001,000 reduced retained earnings.
- Share repurchases of 39,981,712 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥20.86 Million | +1.81% |
| Dividends Paid | CN¥16.00 Million | -1.39% |
| Share Repurchases | CN¥39.98 Million | -3.48% |
| Other Changes | CN¥5.67 Million | +0.49% |
| Total Change | CN¥- | -2.50% |
Book Value vs Market Value Analysis
This analysis compares VT Industrial Technology 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: 2.31x
- 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 23.03x to 2.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.66 | CN¥15.19 | x |
| 2014-12-31 | CN¥0.87 | CN¥15.19 | x |
| 2015-12-31 | CN¥1.48 | CN¥15.19 | x |
| 2016-12-31 | CN¥2.11 | CN¥15.19 | x |
| 2017-12-31 | CN¥4.54 | CN¥15.19 | x |
| 2018-12-31 | CN¥4.05 | CN¥15.19 | x |
| 2019-12-31 | CN¥4.14 | CN¥15.19 | x |
| 2020-12-31 | CN¥4.57 | CN¥15.19 | x |
| 2021-12-31 | CN¥4.45 | CN¥15.19 | x |
| 2022-12-31 | CN¥4.75 | CN¥15.19 | x |
| 2023-12-31 | CN¥6.16 | CN¥15.19 | x |
| 2024-12-31 | CN¥6.58 | CN¥15.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VT Industrial Technology 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.41%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.64x
- Recent ROE (1.81%) is below the historical average (13.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 31.60% | 19.01% | 0.76x | 2.18x | CN¥15.83 Million |
| 2014 | 32.39% | 19.16% | 0.72x | 2.36x | CN¥21.60 Million |
| 2015 | 22.13% | 15.43% | 0.78x | 1.83x | CN¥19.93 Million |
| 2016 | 22.00% | 17.19% | 0.79x | 1.61x | CN¥29.69 Million |
| 2017 | 14.57% | 19.36% | 0.55x | 1.37x | CN¥26.55 Million |
| 2018 | 13.00% | 16.26% | 0.62x | 1.30x | CN¥19.08 Million |
| 2019 | 5.66% | 9.11% | 0.46x | 1.36x | CN¥-28.17 Million |
| 2020 | 4.44% | 5.73% | 0.46x | 1.69x | CN¥-39.76 Million |
| 2021 | 6.39% | 6.76% | 0.57x | 1.66x | CN¥-27.60 Million |
| 2022 | 7.08% | 7.01% | 0.55x | 1.82x | CN¥-23.84 Million |
| 2023 | 1.72% | 2.48% | 0.41x | 1.68x | CN¥-97.68 Million |
| 2024 | 1.81% | 2.41% | 0.46x | 1.64x | CN¥-94.18 Million |
Industry Comparison
This section compares VT Industrial Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,600,803,038
- Average return on equity (ROE) among peers: 8.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VT Industrial Technology Co Ltd (300707) | CN¥1.19 Billion | 31.60% | 0.62x | $392.41 Million |
| FAWER Automotive Parts Ltd Co (000030) | $8.51 Billion | 9.89% | 0.75x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $9.35 Billion | 10.17% | 1.39x | $7.81 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $2.63 Billion | 8.78% | 0.95x | $2.27 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $798.46 Million | 1.49% | 1.70x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $671.47 Million | 7.81% | 1.44x | $712.32 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $262.35 Million | 3.86% | 0.64x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.05 Billion | -7.53% | 1.24x | $782.86 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.62 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.65 Billion | 8.43% | 0.86x | $381.19 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $146.05 Million | 29.40% | 2.09x | $3.35 Billion |
About VT Industrial Technology Co Ltd
VT Industrial Technology Co.,Ltd engages in the research and development, design, production, and sale of automotive tool and die, metal parts fixture, automotive metal parts, battery pack housing, and industrial automation equipment and service. It offers body in white, exhaust systems, instrument panels, door and seating systems, chasis systems, fuel tanks, truck clutches, battery cases, clutc… Read more