Tjk Machinery Tianjin Co Ltd (300823) - Net Assets

Latest as of September 2025: CN¥961.37 Million CNY ≈ $140.68 Million USD

Based on the latest financial reports, Tjk Machinery Tianjin Co Ltd (300823) has net assets worth CN¥961.37 Million CNY (≈ $140.68 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¥1.27 Billion ≈ $185.84 Million USD) and total liabilities (CN¥308.64 Million ≈ $45.16 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 300823 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥961.37 Million
% of Total Assets	75.7%
Annual Growth Rate	14.13%
5-Year Change	5.94%
10-Year Change	327.12%
Growth Volatility	21.56

Tjk Machinery Tianjin Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Tjk Machinery Tianjin Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300823 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Tjk Machinery Tianjin Co Ltd (2012–2024)

The table below shows the annual net assets of Tjk Machinery Tianjin Co Ltd from 2012 to 2024. For live valuation and market cap data, see Tjk Machinery Tianjin Co Ltd market capitalisation.

Year	Net Assets	Change
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	--

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 349.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥407.97 Million	42.32%
Common Stock	CN¥130.98 Million	13.59%
Other Components	CN¥425.16 Million	44.10%
Total Equity	CN¥964.12 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
Volcon Inc NASDAQ:VLCN	$360.58 Million
Tupy S.A SA:TUPY3	$360.59 Million
Fleetpartners Group Ltd AU:FPR	$360.63 Million
Guiyang Xintian Pharmaceutical Co Ltd SHE:002873	$360.77 Million
Ld Intelligent Technology Co Ltd SHE:300883	$360.49 Million
Wisesoft Co Ltd SHE:002253	$360.21 Million
Sky Harbour Group Corporation NYSE:SKYH	$360.13 Million
Zoy Home Furnishing Co Ltd SHG:603709	$360.13 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 2023 to 2024, total equity changed from 973,435,416 to 964,119,523, a change of -9,315,893 (-1.0%).
Net income of 44,807,887 contributed positively to equity growth.
Dividend payments of 55,364,987 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥44.81 Million	+4.65%
Dividends Paid	CN¥55.36 Million	-5.74%
Other Changes	CN¥1.24 Million	+0.13%
Total Change	CN¥-	-0.96%

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: 2.57x
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 6.17x to 2.57x 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¥18.81	x
2013-12-31	CN¥2.17	CN¥18.81	x
2014-12-31	CN¥3.23	CN¥18.81	x
2015-12-31	CN¥3.58	CN¥18.81	x
2016-12-31	CN¥4.05	CN¥18.81	x
2017-12-31	CN¥3.85	CN¥18.81	x
2018-12-31	CN¥4.49	CN¥18.81	x
2019-12-31	CN¥5.30	CN¥18.81	x
2020-12-31	CN¥7.50	CN¥18.81	x
2021-12-31	CN¥7.47	CN¥18.81	x
2022-12-31	CN¥7.38	CN¥18.81	x
2023-12-31	CN¥7.44	CN¥18.81	x
2024-12-31	CN¥7.32	CN¥18.81	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): 4.65%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.93%
• Asset Turnover: 0.36x
• Equity Multiplier: 1.29x
Recent ROE (4.65%) is below the historical average (11.42%), 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

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: $2,004,947,424
Average return on equity (ROE) among peers: -24.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tjk Machinery Tianjin Co Ltd (300823)	CN¥961.37 Million	32.13%	0.32x	$360.53 Million
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 Tjk Machinery Tianjin Co Ltd

SHE:300823 China Specialty Industrial Machinery

Market Cap

$360.53 Million

CN¥2.46 Billion CNY

Market Cap Rank

#14180 Global

#4461 in China

Share Price

CN¥18.81

Change (1 day)

+0.37%

52-Week Range

CN¥13.27 - CN¥18.81

All Time High

CN¥29.91