Dongguan Tarry Electronics Co.Ltd

SHE:300976 China Metal Fabrication
Market Cap
$1.03 Billion
CN¥7.55 Billion CNY
Market Cap Rank
#11634 Global
#2771 in China
Share Price
CN¥56.32
Change (1 day)
-3.35%
52-Week Range
CN¥43.42 - CN¥74.20
All Time High
CN¥121.81
About

Dongguan Tarry Electronics Co.,Ltd. Engages in the research, development, production and sales of power battery components; and related 3C and semiconductor intelligent assembly automation equipment in China and internationally. The company offers FPC modules, Mobile phone screen modules, tablet module, In-vehicle display modules, energy storage battery, industrial power supply, photovoltaic inve… Read more

Dongguan Tarry Electronics Co.Ltd (300976) - Net Assets

Latest net assets as of September 2025: CN¥3.54 Billion CNY

Based on the latest financial reports, Dongguan Tarry Electronics Co.Ltd (300976) has net assets worth CN¥3.54 Billion 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¥4.33 Billion) and total liabilities (CN¥791.57 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¥3.54 Billion
% of Total Assets 81.71%
Annual Growth Rate 78.46%
5-Year Change 298.94%
10-Year Change 35529.08%
Growth Volatility 117.19

Dongguan Tarry Electronics Co.Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Dongguan Tarry Electronics 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 Dongguan Tarry Electronics Co.Ltd (2013–2024)

The table below shows the annual net assets of Dongguan Tarry Electronics Co.Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.43 Billion +5.88%
2023-12-31 CN¥3.24 Billion +1.74%
2022-12-31 CN¥3.18 Billion +3.69%
2021-12-31 CN¥3.07 Billion +257.12%
2020-12-31 CN¥858.77 Million +33.16%
2019-12-31 CN¥644.90 Million +115.54%
2018-12-31 CN¥299.20 Million +101.42%
2017-12-31 CN¥148.55 Million +246.40%
2015-12-31 CN¥42.88 Million +345.97%
2014-12-31 CN¥9.62 Million +64.19%
2013-12-31 CN¥5.86 Million --

Equity Component Analysis

This analysis shows how different components contribute to Dongguan Tarry Electronics 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 151094.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.11 Billion 32.42%
Common Stock CN¥95.38 Million 2.80%
Other Components CN¥2.21 Billion 64.78%
Total Equity CN¥3.41 Billion 100.00%

Dongguan Tarry Electronics Co.Ltd Competitors by Market Cap

The table below lists competitors of Dongguan Tarry Electronics Co.Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Dongguan Tarry Electronics Co.Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,216,859,818 to 3,409,778,271, a change of 192,918,453 (6.0%).
  • Net income of 241,727,582 contributed positively to equity growth.
  • Dividend payments of 22,491,932 reduced retained earnings.
  • Share repurchases of 31,692,443 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥241.73 Million +7.09%
Dividends Paid CN¥22.49 Million -0.66%
Share Repurchases CN¥31.69 Million -0.93%
Other Changes CN¥5.38 Million +0.16%
Total Change CN¥- 6.00%

Book Value vs Market Value Analysis

This analysis compares Dongguan Tarry Electronics 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: 1.56x
  • 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 34.61x to 1.56x 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¥1.63 CN¥56.32 x
2014-12-31 CN¥2.67 CN¥56.32 x
2015-12-31 CN¥1.28 CN¥56.32 x
2017-12-31 CN¥2.36 CN¥56.32 x
2018-12-31 CN¥4.75 CN¥56.32 x
2019-12-31 CN¥6.86 CN¥56.32 x
2020-12-31 CN¥9.14 CN¥56.32 x
2021-12-31 CN¥32.63 CN¥56.32 x
2022-12-31 CN¥33.66 CN¥56.32 x
2023-12-31 CN¥34.20 CN¥56.32 x
2024-12-31 CN¥36.11 CN¥56.32 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dongguan Tarry Electronics 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): 7.09%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.42%
  • • Asset Turnover: 0.61x
  • • Equity Multiplier: 1.22x
  • Recent ROE (7.09%) is below the historical average (19.10%), 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 -0.94% -0.06% 1.74x 9.24x CN¥-640.61K
2014 28.70% 1.73% 1.71x 9.67x CN¥1.80 Million
2015 16.95% 4.47% 1.43x 2.65x CN¥2.98 Million
2017 35.51% 14.41% 1.65x 1.49x CN¥37.89 Million
2018 46.93% 23.13% 1.53x 1.33x CN¥110.50 Million
2019 35.14% 26.14% 1.14x 1.17x CN¥162.13 Million
2020 24.91% 22.29% 0.87x 1.28x CN¥128.03 Million
2021 7.25% 18.30% 0.36x 1.09x CN¥-84.48 Million
2022 6.33% 13.64% 0.41x 1.12x CN¥-116.01 Million
2023 2.28% 5.25% 0.38x 1.14x CN¥-248.32 Million
2024 7.09% 9.42% 0.61x 1.22x CN¥-99.25 Million

Industry Comparison

This section compares Dongguan Tarry Electronics Co.Ltd's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $1,244,978,643
  • Average return on equity (ROE) among peers: 9.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Dongguan Tarry Electronics Co.Ltd (300976) CN¥3.54 Billion -0.94% 0.22x $380.93 Million
Xinjiang Hejin Holding Co Ltd (000633) $64.30 Million 0.00% 1.02x $276.51 Million
Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) $563.95 Million 12.68% 0.31x $177.83 Million
Winstech Precision Hldg Co (001319) $1.31 Billion 8.55% 0.30x $167.74 Million
Guangdong Jingyi Metal Co Ltd (002295) $785.40 Million -7.13% 0.66x $373.68 Million
Shanghai Xinpeng Industry Co Ltd (002328) $2.40 Billion 2.65% 0.12x $461.37 Million
Beijing Lier High Temperature Materials Co Ltd (002392) $4.13 Billion 10.98% 0.50x $722.14 Million
Suzhou Victory Precision Manufacture Co Ltd (002426) $245.28 Million 58.16% 1.15x $1.78 Billion
Dajin Heavy Industry Corp (002487) $1.51 Billion 2.42% 0.28x $3.72 Billion
Jiangsu Boamax Technologies Group Co Ltd (002514) $966.88 Million 1.75% 0.27x $292.45 Million
Guangzheng Group Co Ltd (002524) $467.88 Million 4.77% 0.48x $226.79 Million