Tianjin Ruixin Technology Co Ltd Net Assets
Tianjin Ruixin Technology Co Ltd net assets. Based on the latest financial reports, Tianjin Ruixin Technology Co Ltd (300828) has net assets worth CN¥778.62 Million CNY (≈ $113.94 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¥895.85 Million ≈ $131.09 Million USD) and total liabilities (CN¥117.23 Million ≈ $17.15 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 net asset momentum of Tianjin Ruixin Technology Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥778.62 Million |
| % of Total Assets | 86.91% |
| Annual Growth Rate | 12.51% |
| 5-Year Change | 9.12% |
| 10-Year Change | 310.76% |
| Growth Volatility | 25.07 |
Net Assets of Tianjin Ruixin Technology Co Ltd (2010–2024)
Net assets of Tianjin Ruixin Technology Co Ltd from 2010 to 2024. This chart illustrates how Tianjin Ruixin Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Tianjin Ruixin Technology Co Ltd (300828) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Tianjin Ruixin Technology Co Ltd (2010–2024)
The table below shows the annual net assets of Tianjin Ruixin Technology Co Ltd from 2010 to 2024. For live market cap and overall valuation, see 300828 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥800.08 Million ≈ $117.08 Million |
+1.40% |
| 2023-12-31 | CN¥789.00 Million ≈ $115.46 Million |
-5.51% |
| 2022-12-31 | CN¥835.01 Million ≈ $122.19 Million |
+7.63% |
| 2021-12-31 | CN¥775.81 Million ≈ $113.53 Million |
+5.81% |
| 2020-12-31 | CN¥733.19 Million ≈ $107.29 Million |
+88.50% |
| 2019-12-31 | CN¥388.97 Million ≈ $56.92 Million |
+12.07% |
| 2018-12-31 | CN¥347.08 Million ≈ $50.79 Million |
+13.34% |
| 2017-12-31 | CN¥306.22 Million ≈ $44.81 Million |
+10.86% |
| 2016-12-31 | CN¥276.21 Million ≈ $40.42 Million |
+41.80% |
| 2015-12-31 | CN¥194.78 Million ≈ $28.50 Million |
-27.15% |
| 2014-12-31 | CN¥267.36 Million ≈ $39.12 Million |
+19.29% |
| 2013-12-31 | CN¥224.12 Million ≈ $32.80 Million |
+6.86% |
| 2012-12-31 | CN¥209.74 Million ≈ $30.69 Million |
+12.45% |
| 2011-12-31 | CN¥186.52 Million ≈ $27.29 Million |
+21.36% |
| 2010-12-31 | CN¥153.69 Million ≈ $22.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tianjin Ruixin 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 328.9% over the analyzed period, indicating profitable operations and earnings retention.
Tianjin Ruixin Technology Co Ltd Net Assets Breakdown (December 2024)
Tianjin Ruixin Technology Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥284.15 Million | 35.51% |
| Common Stock | CN¥166.57 Million | 20.82% |
| Other Comprehensive Income | CN¥14.30K | 0.00% |
| Other Components | CN¥349.36 Million | 43.66% |
| Total Equity | CN¥800.08 Million | 100.00% |
Tianjin Ruixin Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Ruixin Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Ace Invest&Dvlp Co
SHG:603329
|
$328.58 Million |
|
TWFG, Inc. Class A Common Stock
NASDAQ:TWFG
|
$328.71 Million |
|
Shih Her Technologies
TWO:3551
|
$328.71 Million |
|
Hefei Kewell Power System Co Ltd
SHG:688551
|
$328.71 Million |
|
MCNEX Co. Ltd
KQ:097520
|
$328.51 Million |
|
Feedback Technology
TWO:8091
|
$328.50 Million |
|
Cartesian Growth Corporation III Class A Ordinary Shares
NASDAQ:CGCT
|
$328.44 Million |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
$328.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Ruixin Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 789,001,487 to 800,084,252, a change of 11,082,765 (1.4%).
- Net income of 55,303,186 contributed positively to equity growth.
- Dividend payments of 25,498,561 reduced retained earnings.
- Share repurchases of 20,898,979 reduced equity.
- Other comprehensive income decreased equity by 73,304,239.
- Other factors increased equity by 75,481,358.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥55.30 Million | +6.91% |
| Dividends Paid | CN¥25.50 Million | -3.19% |
| Share Repurchases | CN¥20.90 Million | -2.61% |
| Other Comprehensive Income | CN¥-73.30 Million | -9.16% |
| Other Changes | CN¥75.48 Million | +9.43% |
| Total Change | CN¥- | 1.40% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Ruixin 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: 2.81x
- 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 9.82x to 2.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | CN¥1.37 | CN¥13.49 | x |
| 2011-12-31 | CN¥1.67 | CN¥13.49 | x |
| 2012-12-31 | CN¥1.88 | CN¥13.49 | x |
| 2013-12-31 | CN¥1.98 | CN¥13.49 | x |
| 2014-12-31 | CN¥3.58 | CN¥13.49 | x |
| 2015-12-31 | CN¥2.57 | CN¥13.49 | x |
| 2016-12-31 | CN¥2.34 | CN¥13.49 | x |
| 2017-12-31 | CN¥2.47 | CN¥13.49 | x |
| 2018-12-31 | CN¥2.78 | CN¥13.49 | x |
| 2019-12-31 | CN¥3.19 | CN¥13.49 | x |
| 2020-12-31 | CN¥4.43 | CN¥13.49 | x |
| 2021-12-31 | CN¥4.69 | CN¥13.49 | x |
| 2022-12-31 | CN¥4.98 | CN¥13.49 | x |
| 2023-12-31 | CN¥4.71 | CN¥13.49 | x |
| 2024-12-31 | CN¥4.80 | CN¥13.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Ruixin 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): 6.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.89%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.07x
- Recent ROE (6.91%) is below the historical average (14.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 20.92% | 19.31% | 0.83x | 1.30x | CN¥16.78 Million |
| 2011 | 17.60% | 17.08% | 0.80x | 1.28x | CN¥14.18 Million |
| 2012 | 13.49% | 14.64% | 0.88x | 1.05x | CN¥7.32 Million |
| 2013 | 13.78% | 14.34% | 0.83x | 1.16x | CN¥8.47 Million |
| 2014 | 16.17% | 18.25% | 0.78x | 1.14x | CN¥16.50 Million |
| 2015 | 24.38% | 19.70% | 0.95x | 1.31x | CN¥28.02 Million |
| 2016 | 16.84% | 17.89% | 0.89x | 1.06x | CN¥18.90 Million |
| 2017 | 15.37% | 15.72% | 0.87x | 1.13x | CN¥16.44 Million |
| 2018 | 17.73% | 16.99% | 0.85x | 1.22x | CN¥26.83 Million |
| 2019 | 16.09% | 18.74% | 0.59x | 1.46x | CN¥23.67 Million |
| 2020 | 8.97% | 17.84% | 0.47x | 1.07x | CN¥-7.57 Million |
| 2021 | 9.76% | 13.18% | 0.70x | 1.06x | CN¥-1.88 Million |
| 2022 | 11.64% | 12.70% | 0.78x | 1.17x | CN¥13.73 Million |
| 2023 | 9.55% | 11.34% | 0.77x | 1.09x | CN¥-3.54 Million |
| 2024 | 6.91% | 8.89% | 0.73x | 1.07x | CN¥-24.71 Million |
Industry Comparison
This section compares Tianjin Ruixin Technology Co Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $3,248,877,772
- Average return on equity (ROE) among peers: 12.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Ruixin Technology Co Ltd (300828) | CN¥778.62 Million | 20.92% | 0.15x | $328.52 Million |
| Jiaozuo Wanfang Aluminum (000612) | $2.04 Billion | 5.67% | 0.94x | $1.66 Billion |
| Yunnan Aluminium Co Ltd (000807) | $12.57 Billion | 3.94% | 2.15x | $12.87 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $1.56 Billion | 30.38% | 1.08x | $8.58 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $4.90 Billion | 3.18% | 0.65x | $751.69 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $3.19 Billion | 4.92% | 0.79x | $504.77 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $6.06 Billion | 5.06% | 0.90x | $1.42 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $1.56 Billion | 9.02% | 0.13x | $469.12 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $231.13 Million | 13.94% | 4.43x | $27.38 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $282.59 Million | 18.96% | 1.83x | $545.45 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $96.92 Million | 28.35% | 1.57x | $8.08 Billion |
About Tianjin Ruixin Technology Co Ltd
Tianjin Ruixin Technology Co.,Ltd engages in the research and development, production, and sales of industrial precision aluminum alloy parts and components in China and internationally. It offers systematic and personalized aluminum alloy products and services. The company's products include heat transfer parts, 5G base station, energy storage box, low voltage inverter, battery tray, motor casin… Read more