Shenzhen Tongye Technology Co.Ltd.
Shenzhen Tongye Technology Co.,Ltd. engages in the design, research and development, manufacture, sale, after-sales, and maintenance services of rail transit locomotive and vehicle electrical products in China. The company offers power products, such as power supply cabinets, chargers, emergency ventilation and auxiliary inverters, train and auxiliary power supply cabinets, on-board bidirectional… Read more
Shenzhen Tongye Technology Co.Ltd. (300960) - Net Assets
Latest net assets as of September 2025: CN¥602.93 Million CNY
Based on the latest financial reports, Shenzhen Tongye Technology Co.Ltd. (300960) has net assets worth CN¥602.93 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.01 Billion) and total liabilities (CN¥402.63 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥602.93 Million |
| % of Total Assets | 59.96% |
| Annual Growth Rate | 17.9% |
| 5-Year Change | 69.54% |
| 10-Year Change | 301.67% |
| Growth Volatility | 20.98 |
Shenzhen Tongye Technology Co.Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how Shenzhen Tongye Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen Tongye Technology Co.Ltd. (2013–2024)
The table below shows the annual net assets of Shenzhen Tongye Technology Co.Ltd. from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥619.94 Million | -2.81% |
| 2023-12-31 | CN¥637.88 Million | -0.21% |
| 2022-12-31 | CN¥639.25 Million | +0.29% |
| 2021-12-31 | CN¥637.41 Million | +74.32% |
| 2020-12-31 | CN¥365.65 Million | +24.37% |
| 2019-12-31 | CN¥294.00 Million | +20.02% |
| 2018-12-31 | CN¥244.95 Million | +15.15% |
| 2017-12-31 | CN¥212.73 Million | +16.05% |
| 2016-12-31 | CN¥183.31 Million | +18.77% |
| 2015-12-31 | CN¥154.34 Million | +8.91% |
| 2014-12-31 | CN¥141.71 Million | +39.84% |
| 2013-12-31 | CN¥101.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Tongye 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 76.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥100.48 Million | 16.21% |
| Common Stock | CN¥102.66 Million | 16.56% |
| Other Comprehensive Income | CN¥91.53 Million | 14.76% |
| Other Components | CN¥325.27 Million | 52.47% |
| Total Equity | CN¥619.94 Million | 100.00% |
Shenzhen Tongye Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Shenzhen Tongye Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SIDETRADE EO 1
F:7QG
|
$124.34 Million |
|
Braemar Hotel & Resorts Inc
NYSE:BHR
|
$124.35 Million |
|
Codere Online US Corp
NASDAQ:CDRO
|
$124.37 Million |
|
BCB Bancorp Inc
NASDAQ:BCBP
|
$124.37 Million |
|
Atrys Health SL
MC:ATRY
|
$124.28 Million |
|
Cashbuild Limited
PINK:CBLDF
|
$124.24 Million |
|
MC Group Public Company Limited
BK:MC
|
$124.10 Million |
|
Vestum AB (publ)
ST:VESTUM
|
$124.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Tongye Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 637,884,394 to 619,939,423, a change of -17,944,971 (-2.8%).
- Net income of 49,141,168 contributed positively to equity growth.
- Dividend payments of 75,109,338 reduced retained earnings.
- Other comprehensive income increased equity by 89,490,764.
- Other factors decreased equity by 81,467,565.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥49.14 Million | +7.93% |
| Dividends Paid | CN¥75.11 Million | -12.12% |
| Other Comprehensive Income | CN¥89.49 Million | +14.44% |
| Other Changes | CN¥-81.47 Million | -13.14% |
| Total Change | CN¥- | -2.81% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Tongye 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: 5.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 23.11x to 5.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥1.07 | CN¥24.69 | x |
| 2014-12-31 | CN¥1.49 | CN¥24.69 | x |
| 2015-12-31 | CN¥1.62 | CN¥24.69 | x |
| 2016-12-31 | CN¥1.90 | CN¥24.69 | x |
| 2017-12-31 | CN¥1.99 | CN¥24.69 | x |
| 2018-12-31 | CN¥2.29 | CN¥24.69 | x |
| 2019-12-31 | CN¥2.05 | CN¥24.69 | x |
| 2020-12-31 | CN¥3.49 | CN¥24.69 | x |
| 2021-12-31 | CN¥4.45 | CN¥24.69 | x |
| 2022-12-31 | CN¥4.46 | CN¥24.69 | x |
| 2023-12-31 | CN¥4.45 | CN¥24.69 | x |
| 2024-12-31 | CN¥4.31 | CN¥24.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Tongye 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): 7.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.58%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.57x
- Recent ROE (7.93%) is below the historical average (15.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 19.57% | 12.67% | 0.67x | 2.32x | CN¥9.70 Million |
| 2014 | 23.90% | 14.72% | 0.77x | 2.12x | CN¥19.70 Million |
| 2015 | 21.56% | 12.92% | 0.81x | 2.06x | CN¥17.84 Million |
| 2016 | 2.64% | 1.88% | 0.67x | 2.10x | CN¥-13.49 Million |
| 2017 | 25.15% | 17.17% | 0.71x | 2.07x | CN¥32.24 Million |
| 2018 | 21.18% | 14.43% | 0.71x | 2.07x | CN¥27.40 Million |
| 2019 | 25.24% | 19.06% | 0.67x | 1.97x | CN¥44.81 Million |
| 2020 | 20.15% | 23.19% | 0.51x | 1.72x | CN¥37.11 Million |
| 2021 | 7.12% | 15.41% | 0.32x | 1.46x | CN¥-18.37 Million |
| 2022 | 4.60% | 9.95% | 0.33x | 1.41x | CN¥-34.52 Million |
| 2023 | 5.62% | 9.99% | 0.39x | 1.43x | CN¥-27.94 Million |
| 2024 | 7.93% | 11.58% | 0.44x | 1.57x | CN¥-12.85 Million |
Industry Comparison
This section compares Shenzhen Tongye Technology 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: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Tongye Technology Co.Ltd. (300960) | CN¥602.93 Million | 19.57% | 0.67x | $124.32 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |