Pony Testing International Group Co (300887) - Net Assets

Latest as of June 2025: CN¥2.90 Billion CNY ≈ $424.41 Million USD

Based on the latest financial reports, Pony Testing International Group Co (300887) has net assets worth CN¥2.90 Billion CNY (≈ $424.41 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.49 Billion ≈ $511.21 Million USD) and total liabilities (CN¥593.17 Million ≈ $86.80 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.90 Billion
% of Total Assets	83.02%
Annual Growth Rate	24.19%
5-Year Change	69.26%
10-Year Change	N/A
Growth Volatility	37.55

Pony Testing International Group Co - Net Assets Trend (2016–2024)

This chart illustrates how Pony Testing International Group Co's net assets have evolved over time, based on quarterly financial data. Also explore Pony Testing International Group Co total assets for the complete picture of this company's asset base.

Annual Net Assets for Pony Testing International Group Co (2016–2024)

The table below shows the annual net assets of Pony Testing International Group Co from 2016 to 2024. For live valuation and market cap data, see Pony Testing International Group Co stock valuation.

Year	Net Assets	Change
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 83.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥892.88 Million	29.10%
Other Components	CN¥2.18 Billion	70.90%
Total Equity	CN¥3.07 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
Mavi Giyim Sanayi Ve Ticaret AS IS:MAVI	$770.88 Million
Rashtriya Chemicals and Fertilizers Limited NSE:RCF	$770.91 Million
Metals X Limited F:FG5	$771.33 Million
SK Networks Co Ltd KO:001740	$771.52 Million
Diversified United Investment Ltd AU:DUI	$770.60 Million
Zhejiang Dafeng Industrial Co Ltd SHG:603081	$770.34 Million
Sawit Sumbermas Sarana Tbk JK:SSMS	$770.22 Million
Hangzhou Minsheng Healthcare Co Ltd SHE:301507	$770.10 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 2023 to 2024, total equity changed from 3,455,605,020 to 3,068,574,853, a change of -387,030,167 (-11.2%).
Net loss of 356,312,970 reduced equity.
Dividend payments of 39,050,620 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-356.31 Million	-11.61%
Dividends Paid	CN¥39.05 Million	-1.27%
Other Changes	CN¥8.33 Million	+0.27%
Total Change	CN¥-	-11.20%

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: 1.72x
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 1.55x to 1.72x 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¥9.65	x
2018-12-31	CN¥7.54	CN¥9.65	x
2019-12-31	CN¥8.66	CN¥9.65	x
2020-12-31	CN¥13.31	CN¥9.65	x
2021-12-31	CN¥14.74	CN¥9.65	x
2022-12-31	CN¥12.33	CN¥9.65	x
2023-12-31	CN¥6.33	CN¥9.65	x
2024-12-31	CN¥5.62	CN¥9.65	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): -11.61%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -23.12%
• Asset Turnover: 0.40x
• Equity Multiplier: 1.25x
Recent ROE (-11.61%) is below the historical average (9.48%), 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

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: $1,919,627,192
Average return on equity (ROE) among peers: 2.33%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pony Testing International Group Co (300887)	CN¥2.90 Billion	18.39%	0.20x	$770.63 Million
Shaanxi Jinye Science Technology and Education Group Co Ltd (000812)	$1.02 Billion	7.08%	0.49x	$461.18 Million
Tungkong Inc (002117)	$612.06 Million	12.09%	0.62x	$781.70 Million
Eternal Asia Supply Chain Management Ltd (002183)	$10.31 Billion	4.91%	3.20x	$2.12 Billion
Hongbo Co Ltd (002229)	$1.34 Billion	-21.81%	1.32x	$1.19 Billion
Beijing Shengtong Printing Co Ltd (002599)	$1.54 Billion	6.01%	0.53x	$533.94 Million
Shanghai Nar Industrial Co Ltd (002825)	$621.54 Million	9.97%	0.35x	$499.27 Million
Xuchang Ketop Testing Research Ins (003008)	$1.00 Billion	7.40%	0.05x	$357.63 Million
Suzhou Electrical Apparatus Sci (300215)	$260.89 Million	23.37%	2.29x	$938.31 Million
Trust Alliance Information Development Inc Ltd Shanghai (300469)	$294.38 Million	-21.69%	2.51x	$2.17 Billion
Hunan Huakai Cultural and Creative Co Ltd (300592)	$2.19 Billion	-3.99%	0.36x	$769.81 Million

About Pony Testing International Group Co

SHE:300887 China Specialty Business Services

Market Cap

$770.63 Million

CN¥5.27 Billion CNY

Market Cap Rank

#10339 Global

#2991 in China

Share Price

CN¥9.65

Change (1 day)

+2.33%

52-Week Range

CN¥6.98 - CN¥15.97

All Time High

CN¥25.78