Pony Testing International Group Co (300887) - Net Assets

Latest as of March 2026: CN¥2.76 Billion CNY ≈ $404.52 Million USD

Based on the latest financial reports, Pony Testing International Group Co (300887) has net assets worth CN¥2.76 Billion CNY (≈ $404.52 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¥3.28 Billion ≈ $479.61 Million USD) and total liabilities (CN¥513.12 Million ≈ $75.09 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 Pony Testing International Group Co (300887) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.76 Billion
% of Total Assets	84.34%
Annual Growth Rate	20.13%
5-Year Change	40.39%
10-Year Change	N/A
Growth Volatility	37.25

Pony Testing International Group Co - Net Assets Trend (2016–2025)

This chart illustrates how Pony Testing International Group Co's net assets have evolved over time, based on quarterly financial data. See 300887 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Pony Testing International Group Co (2016–2025)

The table below shows the annual net assets of Pony Testing International Group Co from 2016 to 2025. For live valuation and market cap data, see Pony Testing International Group Co stock valuation.

Year	Net Assets	Change
2025-12-31	CN¥2.84 Billion ≈ $414.97 Million	-7.97%
2024-12-31	CN¥3.08 Billion ≈ $450.91 Million	-11.13%
2023-12-31	CN¥3.47 Billion ≈ $507.39 Million	-2.36%
2022-12-31	CN¥3.55 Billion ≈ $519.66 Million	+75.80%
2021-12-31	CN¥2.02 Billion ≈ $295.59 Million	+10.95%
2020-12-31	CN¥1.82 Billion ≈ $266.41 Million	+104.95%
2019-12-31	CN¥888.30 Million ≈ $129.99 Million	+14.86%
2018-12-31	CN¥773.41 Million ≈ $113.17 Million	+20.97%
2017-12-31	CN¥639.33 Million ≈ $93.55 Million	+17.42%
2016-12-31	CN¥544.47 Million ≈ $79.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pony Testing International Group Co'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 32.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥646.91 Million	22.93%
Other Components	CN¥2.17 Billion	77.07%
Total Equity	CN¥2.82 Billion	100.00%

Pony Testing International Group Co Competitors by Market Cap

The table below lists competitors of Pony Testing International Group Co ranked by their market capitalization.

Company	Market Cap
Actron Technology TWO:8255	$625.40 Million
JNTC Co. Ltd KQ:204270	$625.60 Million
CHA Biotech Co. Ltd KQ:085660	$625.66 Million
Xingtong Shipping Co. Ltd. SHG:603209	$625.86 Million
TMK KLSE:5330	$625.16 Million
Qingdao Topscomm Commun Inc SHG:603421	$625.11 Million
Ningbo Marine Co Ltd SHG:600798	$625.00 Million
Warteck Invest Ltd SW:WARN	$624.94 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pony Testing International Group Co's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,068,574,853 to 2,821,020,831, a change of -247,554,022 (-8.1%).
Net loss of 245,969,313 reduced equity.
Dividend payments of 2,438,780 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-245.97 Million	-8.72%
Dividends Paid	CN¥2.44 Million	-0.09%
Other Changes	CN¥854.07K	+0.03%
Total Change	CN¥-	-8.07%

Book Value vs Market Value Analysis

This analysis compares Pony Testing International Group Co'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: 1.51x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.26x to 1.51x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CN¥6.23	CN¥7.83	x
2018-12-31	CN¥7.54	CN¥7.83	x
2019-12-31	CN¥8.66	CN¥7.83	x
2020-12-31	CN¥13.31	CN¥7.83	x
2021-12-31	CN¥14.74	CN¥7.83	x
2022-12-31	CN¥12.33	CN¥7.83	x
2023-12-31	CN¥6.33	CN¥7.83	x
2024-12-31	CN¥5.62	CN¥7.83	x
2025-12-31	CN¥5.17	CN¥7.83	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pony Testing International Group Co 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): -8.72%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -18.02%
• Asset Turnover: 0.41x
• Equity Multiplier: 1.19x
Recent ROE (-8.72%) is below the historical average (7.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	18.39%	12.25%	1.09x	1.38x	CN¥45.66 Million
2017	15.75%	9.69%	1.11x	1.46x	CN¥36.79 Million
2018	16.60%	10.27%	1.12x	1.44x	CN¥51.08 Million
2019	14.08%	9.72%	0.98x	1.48x	CN¥36.24 Million
2020	8.99%	11.48%	0.67x	1.16x	CN¥-18.33 Million
2021	10.91%	10.98%	0.72x	1.38x	CN¥18.29 Million
2022	9.07%	8.53%	0.82x	1.29x	CN¥-33.06 Million
2023	3.12%	4.37%	0.57x	1.26x	CN¥-237.78 Million
2024	-11.61%	-23.12%	0.40x	1.25x	CN¥-663.17 Million
2025	-8.72%	-18.02%	0.41x	1.19x	CN¥-528.07 Million

Industry Comparison

This section compares Pony Testing International Group Co's net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

Industry: Specialty Business Services
Average net assets among peers: $1,686,293,741
Average return on equity (ROE) among peers: 5.72%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pony Testing International Group Co (300887)	CN¥2.76 Billion	18.39%	0.19x	$625.29 Million
Shaanxi Jinye Science Technology and Education Group Co Ltd (000812)	$339.01 Million	9.67%	0.44x	$373.45 Million
Tungkong Inc (002117)	$1.01 Billion	7.84%	0.32x	$663.68 Million
Eternal Asia Supply Chain Management Ltd (002183)	$10.22 Billion	-3.12%	4.68x	$2.15 Billion
Hongbo Co Ltd (002229)	$908.22 Million	3.05%	0.50x	$903.97 Million
Beijing Shengtong Printing Co Ltd (002599)	$178.55 Million	17.27%	1.43x	$431.83 Million
Shanghai Nar Industrial Co Ltd (002825)	$153.94 Million	28.39%	0.61x	$441.80 Million
Xuchang Ketop Testing Research Ins (003008)	$1.02 Billion	6.30%	0.06x	$275.00 Million
Suzhou Electrical Apparatus Sci (300215)	$1.98 Billion	1.67%	0.71x	$753.06 Million
Trust Alliance Information Development Inc Ltd Shanghai (300469)	$714.63 Million	-25.87%	0.88x	$1.88 Billion
Hunan Huakai Cultural and Creative Co Ltd (300592)	$332.27 Million	12.05%	1.22x	$719.52 Million

About Pony Testing International Group Co

SHE:300887 China Specialty Business Services

Market Cap

$625.29 Million

CN¥4.27 Billion CNY

Market Cap Rank

#11270 Global

#3207 in China

Share Price

CN¥7.83

Change (1 day)

-0.63%

52-Week Range

CN¥7.72 - CN¥15.97

All Time High

CN¥25.78