TangYuan Electric (300789) - Net Assets

Latest as of March 2026: CN¥1.10 Billion CNY ≈ $160.96 Million USD

Based on the latest financial reports, TangYuan Electric (300789) has net assets worth CN¥1.10 Billion CNY (≈ $160.96 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.48 Billion ≈ $216.99 Million USD) and total liabilities (CN¥382.91 Million ≈ $56.03 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 asset resilience ratio of TangYuan Electric to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.10 Billion
% of Total Assets	74.18%
Annual Growth Rate	46.31%
5-Year Change	33.44%
10-Year Change	826.53%
Growth Volatility	71.92

TangYuan Electric - Net Assets Trend (2014–2025)

This chart illustrates how TangYuan Electric's net assets have evolved over time, based on quarterly financial data. Also explore TangYuan Electric balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for TangYuan Electric (2014–2025)

The table below shows the annual net assets of TangYuan Electric from 2014 to 2025. For live valuation and market cap data, see how much is TangYuan Electric worth.

Year	Net Assets	Change
2025-12-31	CN¥1.08 Billion ≈ $158.19 Million	+0.41%
2024-12-31	CN¥1.08 Billion ≈ $157.55 Million	+6.10%
2023-12-31	CN¥1.01 Billion ≈ $148.50 Million	+13.07%
2022-12-31	CN¥897.51 Million ≈ $131.33 Million	+10.78%
2021-12-31	CN¥810.16 Million ≈ $118.55 Million	+8.62%
2020-12-31	CN¥745.86 Million ≈ $109.14 Million	+6.95%
2019-12-31	CN¥697.38 Million ≈ $102.05 Million	+164.81%
2018-12-31	CN¥263.35 Million ≈ $38.54 Million	+46.95%
2017-12-31	CN¥179.21 Million ≈ $26.22 Million	+53.59%
2016-12-31	CN¥116.68 Million ≈ $17.07 Million	+122.67%
2015-12-31	CN¥52.40 Million ≈ $7.67 Million	+218.88%
2014-12-31	CN¥16.43 Million ≈ $2.40 Million	--

Equity Component Analysis

This analysis shows how different components contribute to TangYuan Electric'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 52060357211.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥517.04 Million	49.68%
Other Components	CN¥523.69 Million	50.32%
Total Equity	CN¥1.04 Billion	100.00%

TangYuan Electric Competitors by Market Cap

The table below lists competitors of TangYuan Electric ranked by their market capitalization.

Company	Market Cap
Nawi Brothers Group Ltd TA:NAWI	$470.47 Million
Shanghai Wondertek Software Co Ltd SHG:603189	$470.56 Million
Nanhua Bio Medicine Co Ltd SHE:000504	$470.85 Million
ChoiceOne Financial Services Inc NASDAQ:COFS	$470.95 Million
Duniec TA:DUNI	$470.16 Million
Allianz Ayudhya Capital Public Company Limited BK:AYUD	$470.16 Million
LASSONDE INDUST.INC. A F:0OO	$470.03 Million
Zuming Bean Products Co Ltd SHE:003030	$469.99 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TangYuan Electric's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,035,471,448 to 1,040,729,180, a change of 5,257,732 (0.5%).
Net income of 26,253,085 contributed positively to equity growth.
Dividend payments of 22,346,319 reduced retained earnings.
Other comprehensive income decreased equity by 48,534,524.
Other factors increased equity by 49,885,489.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥26.25 Million	+2.52%
Dividends Paid	CN¥22.35 Million	-2.15%
Other Comprehensive Income	CN¥-48.53 Million	-4.66%
Other Changes	CN¥49.89 Million	+4.79%
Total Change	CN¥-	0.51%

Book Value vs Market Value Analysis

This analysis compares TangYuan Electric'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: 3.09x
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 82.93x to 3.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	CN¥0.27	CN¥22.34	x
2015-12-31	CN¥0.78	CN¥22.34	x
2016-12-31	CN¥1.28	CN¥22.34	x
2017-12-31	CN¥1.71	CN¥22.34	x
2018-12-31	CN¥2.51	CN¥22.34	x
2019-12-31	CN¥5.98	CN¥22.34	x
2020-12-31	CN¥5.33	CN¥22.34	x
2021-12-31	CN¥5.70	CN¥22.34	x
2022-12-31	CN¥6.32	CN¥22.34	x
2023-12-31	CN¥6.91	CN¥22.34	x
2024-12-31	CN¥7.23	CN¥22.34	x
2025-12-31	CN¥7.23	CN¥22.34	x

Capital Efficiency Dashboard

This dashboard shows how efficiently TangYuan Electric 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): 2.52%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.34%
• Asset Turnover: 0.32x
• Equity Multiplier: 1.48x
Recent ROE (2.52%) is below the historical average (22.05%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	73.21%	19.25%	0.61x	6.24x	CN¥10.39 Million
2015	34.52%	20.09%	0.60x	2.84x	CN¥12.85 Million
2016	31.04%	25.68%	0.56x	2.16x	CN¥24.55 Million
2017	34.49%	29.70%	0.70x	1.66x	CN¥43.88 Million
2018	31.74%	31.59%	0.63x	1.59x	CN¥57.26 Million
2019	11.96%	27.02%	0.36x	1.23x	CN¥13.70 Million
2020	8.66%	24.00%	0.29x	1.23x	CN¥-10.02 Million
2021	8.24%	18.91%	0.33x	1.32x	CN¥-14.20 Million
2022	10.20%	21.04%	0.34x	1.44x	CN¥1.81 Million
2023	10.95%	16.87%	0.43x	1.51x	CN¥9.37 Million
2024	7.04%	11.39%	0.39x	1.57x	CN¥-30.67 Million
2025	2.52%	5.34%	0.32x	1.48x	CN¥-77.82 Million

Industry Comparison

This section compares TangYuan Electric's net assets metrics with peer companies in the Railroads industry.

Industry Context

Industry: Railroads
Average net assets among peers: $1,186,769,060
Average return on equity (ROE) among peers: -2.86%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TangYuan Electric (300789)	CN¥1.10 Billion	73.21%	0.35x	$470.25 Million
China High-Speed Railway Technology (000008)	$-32.69 Million	0.00%	0.00x	$1.02 Billion
Nanjing Zhongbei Group Co Ltd (000421)	$3.84 Billion	1.25%	1.63x	$496.77 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$-465.44 Million	0.00%	0.00x	$911.24 Million
Vontron Technology Co Ltd (000920)	$566.70 Million	10.07%	0.21x	$814.70 Million
China Railway Materials Co Ltd (000927)	$1.55 Billion	-107.07%	3.39x	$2.43 Billion
HeNan Splendor Science & Technology Co Ltd (002296)	$125.09 Million	26.56%	0.74x	$592.88 Million
Sichuan Fulin Transportation Group Co Ltd (002357)	$1.09 Billion	16.50%	1.62x	$520.20 Million
Tianjin Keyvia Electric Co Ltd (300407)	$987.25 Million	6.50%	1.04x	$684.08 Million
Chengdu Yunda Technology Co Ltd (300440)	$1.60 Billion	6.06%	0.63x	$1.22 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$2.61 Billion	11.57%	0.56x	$1.02 Billion

About TangYuan Electric

SHE:300789 China Railroads

Market Cap

$470.25 Million

CN¥3.21 Billion CNY

Market Cap Rank

#12918 Global

#3956 in China

Share Price

CN¥22.34

Change (1 day)

-5.26%

52-Week Range

CN¥19.84 - CN¥34.22

All Time High

CN¥34.22