Tjk Machinery Tianjin Co Ltd (300823) - Net Assets
Based on the latest financial reports, Tjk Machinery Tianjin Co Ltd (300823) has net assets worth CN¥995.53 Million CNY (≈ $145.68 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¥1.35 Billion ≈ $197.94 Million USD) and total liabilities (CN¥357.13 Million ≈ $52.26 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. Check Tjk Machinery Tianjin Co Ltd (300823) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥995.53 Million |
| % of Total Assets | 73.6% |
| Annual Growth Rate | 12.95% |
| 5-Year Change | -0.7% |
| 10-Year Change | 266.81% |
| Growth Volatility | 21.15 |
Tjk Machinery Tianjin Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Tjk Machinery Tianjin Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300823 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tjk Machinery Tianjin Co Ltd (2012–2025)
The table below shows the annual net assets of Tjk Machinery Tianjin Co Ltd from 2012 to 2025. For live valuation and market cap data, see Tjk Machinery Tianjin Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥980.10 Million ≈ $143.42 Million |
-0.36% |
| 2024-12-31 | CN¥983.60 Million ≈ $143.93 Million |
-0.54% |
| 2023-12-31 | CN¥988.90 Million ≈ $144.71 Million |
+1.52% |
| 2022-12-31 | CN¥974.10 Million ≈ $142.54 Million |
-1.31% |
| 2021-12-31 | CN¥987.02 Million ≈ $144.43 Million |
+6.31% |
| 2020-12-31 | CN¥928.44 Million ≈ $135.86 Million |
+77.22% |
| 2019-12-31 | CN¥523.88 Million ≈ $76.66 Million |
+17.86% |
| 2018-12-31 | CN¥444.51 Million ≈ $65.05 Million |
+19.73% |
| 2017-12-31 | CN¥371.26 Million ≈ $54.33 Million |
+38.95% |
| 2016-12-31 | CN¥267.19 Million ≈ $39.10 Million |
+16.03% |
| 2015-12-31 | CN¥230.29 Million ≈ $33.70 Million |
+6.04% |
| 2014-12-31 | CN¥217.17 Million ≈ $31.78 Million |
+6.67% |
| 2013-12-31 | CN¥203.60 Million ≈ $29.79 Million |
+1.12% |
| 2012-12-31 | CN¥201.35 Million ≈ $29.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tjk Machinery Tianjin 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 335.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥395.94 Million | 41.42% |
| Other Components | CN¥560.07 Million | 58.58% |
| Total Equity | CN¥956.01 Million | 100.00% |
Tjk Machinery Tianjin Co Ltd Competitors by Market Cap
The table below lists competitors of Tjk Machinery Tianjin Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
John Marshall Bancorp Inc
NASDAQ:JMSB
|
$300.59 Million |
|
Shandong Huifa Foodstuff Co
SHG:603536
|
$300.77 Million |
|
Ha Do Group JSC
VN:HDG
|
$300.81 Million |
|
Holley Inc
NYSE:HLLY
|
$300.92 Million |
|
Boilermech Holdings Bhd
KLSE:0168
|
$300.47 Million |
|
Samyang Holdings
KO:000070
|
$300.40 Million |
|
IMC S.A.
F:IM4
|
$300.33 Million |
|
FM Mattsson Mora Group AB (publ)
ST:FMM-B
|
$300.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tjk Machinery Tianjin Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 964,119,523 to 956,007,330, a change of -8,112,193 (-0.8%).
- Net income of 33,826,577 contributed positively to equity growth.
- Dividend payments of 42,729,157 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥33.83 Million | +3.54% |
| Dividends Paid | CN¥42.73 Million | -4.47% |
| Other Changes | CN¥790.39K | +0.08% |
| Total Change | CN¥- | -0.84% |
Book Value vs Market Value Analysis
This analysis compares Tjk Machinery Tianjin 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: 2.15x
- 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 5.14x to 2.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥3.05 | CN¥15.68 | x |
| 2013-12-31 | CN¥2.17 | CN¥15.68 | x |
| 2014-12-31 | CN¥3.23 | CN¥15.68 | x |
| 2015-12-31 | CN¥3.58 | CN¥15.68 | x |
| 2016-12-31 | CN¥4.05 | CN¥15.68 | x |
| 2017-12-31 | CN¥3.85 | CN¥15.68 | x |
| 2018-12-31 | CN¥4.49 | CN¥15.68 | x |
| 2019-12-31 | CN¥5.30 | CN¥15.68 | x |
| 2020-12-31 | CN¥7.50 | CN¥15.68 | x |
| 2021-12-31 | CN¥7.47 | CN¥15.68 | x |
| 2022-12-31 | CN¥7.38 | CN¥15.68 | x |
| 2023-12-31 | CN¥7.44 | CN¥15.68 | x |
| 2024-12-31 | CN¥7.32 | CN¥15.68 | x |
| 2025-12-31 | CN¥7.30 | CN¥15.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tjk Machinery Tianjin 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): 3.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.27%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.36x
- Recent ROE (3.54%) is below the historical average (10.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 32.13% | 21.20% | 0.54x | 2.78x | CN¥44.56 Million |
| 2013 | 5.28% | 4.09% | 0.41x | 3.12x | CN¥-9.62 Million |
| 2014 | 7.74% | 5.61% | 0.52x | 2.64x | CN¥-4.91 Million |
| 2015 | 5.03% | 4.34% | 0.46x | 2.55x | CN¥-11.45 Million |
| 2016 | 14.30% | 11.46% | 0.54x | 2.31x | CN¥11.50 Million |
| 2017 | 16.68% | 15.77% | 0.56x | 1.90x | CN¥24.79 Million |
| 2018 | 17.96% | 17.57% | 0.54x | 1.88x | CN¥35.24 Million |
| 2019 | 16.18% | 17.71% | 0.55x | 1.65x | CN¥32.15 Million |
| 2020 | 9.72% | 19.25% | 0.41x | 1.24x | CN¥-2.62 Million |
| 2021 | 9.27% | 18.82% | 0.39x | 1.27x | CN¥-7.13 Million |
| 2022 | 3.68% | 8.10% | 0.36x | 1.26x | CN¥-60.97 Million |
| 2023 | 5.91% | 12.48% | 0.36x | 1.30x | CN¥-39.80 Million |
| 2024 | 4.65% | 9.93% | 0.36x | 1.29x | CN¥-51.60 Million |
| 2025 | 3.54% | 8.27% | 0.31x | 1.36x | CN¥-61.77 Million |
Industry Comparison
This section compares Tjk Machinery Tianjin 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: $2,705,908,447
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tjk Machinery Tianjin Co Ltd (300823) | CN¥995.53 Million | 32.13% | 0.36x | $300.54 Million |
| Huayi Compressor Co Ltd (000404) | $2.49 Billion | 6.48% | 1.56x | $809.68 Million |
| Shenyang Machine Tool Co Ltd (000410) | $821.90 Million | 0.56% | 3.83x | $1.97 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $10.53 Billion | 7.87% | 0.48x | $4.07 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.78 Billion | 4.42% | 0.52x | $489.55 Million |
| Changchai Co Ltd (000570) | $731.52 Million | -65.27% | 1.99x | $416.33 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $206.34 Million | -75.49% | 2.60x | $1.09 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.47 Billion | 9.22% | 0.64x | $1.23 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $4.26 Billion | 10.07% | 2.30x | $819.40 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $4.12 Billion | 6.67% | 1.07x | $1.80 Billion |
About Tjk Machinery Tianjin Co Ltd
TJK Intelligent Equipment Manufacturing (Tianjin) Co., Ltd. engages in research and development, design, production, and sale of medium and high-end CNC steel bar processing equipment, supporting software, and provided intelligent CNC steel in China and internationally. The company provides excavation machinery, shovel conveyors machinery, hoisting machinery, industrial vehicles, compaction machi… Read more