TianJin JinRong TianYu Precision Machinery Inc.
TianJin JinRong TianYu Precision Machinery Inc. engages in the research and development, production, and sale of precision metal molds and related parts in China and internationally. The company provides electrical products, such as low-voltage power distribution, industrial automation, medium-voltage power distribution, and energy equipment precision parts; automotive products, including shock a… Read more
TianJin JinRong TianYu Precision Machinery Inc. (300988) - Net Assets
Latest net assets as of September 2025: CN¥1.27 Billion CNY
Based on the latest financial reports, TianJin JinRong TianYu Precision Machinery Inc. (300988) has net assets worth CN¥1.27 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¥2.28 Billion) and total liabilities (CN¥1.01 Billion). 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¥1.27 Billion |
| % of Total Assets | 55.54% |
| Annual Growth Rate | 20.53% |
| 5-Year Change | 151.35% |
| 10-Year Change | 469.1% |
| Growth Volatility | 20.68 |
TianJin JinRong TianYu Precision Machinery Inc. - Net Assets Trend (2007–2024)
This chart illustrates how TianJin JinRong TianYu Precision Machinery Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TianJin JinRong TianYu Precision Machinery Inc. (2007–2024)
The table below shows the annual net assets of TianJin JinRong TianYu Precision Machinery Inc. from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.20 Billion | +1.08% |
| 2023-12-31 | CN¥1.18 Billion | +26.09% |
| 2022-12-31 | CN¥937.83 Million | +5.83% |
| 2021-12-31 | CN¥886.13 Million | +86.34% |
| 2020-12-31 | CN¥475.55 Million | +10.10% |
| 2019-12-31 | CN¥431.93 Million | +10.59% |
| 2018-12-31 | CN¥390.56 Million | +3.94% |
| 2017-12-31 | CN¥375.76 Million | +52.24% |
| 2016-12-31 | CN¥246.82 Million | +17.52% |
| 2015-12-31 | CN¥210.03 Million | +10.68% |
| 2014-12-31 | CN¥189.76 Million | +3.58% |
| 2013-12-31 | CN¥183.21 Million | +13.19% |
| 2012-12-31 | CN¥161.86 Million | +19.40% |
| 2011-12-31 | CN¥135.56 Million | +24.49% |
| 2010-12-31 | CN¥108.89 Million | +20.24% |
| 2009-12-31 | CN¥90.56 Million | +33.22% |
| 2008-12-31 | CN¥67.98 Million | +35.96% |
| 2007-12-31 | CN¥50.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TianJin JinRong TianYu Precision Machinery Inc.'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 1689.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥386.86 Million | 32.25% |
| Common Stock | CN¥140.30 Million | 11.69% |
| Other Components | CN¥672.51 Million | 56.06% |
| Total Equity | CN¥1.20 Billion | 100.00% |
TianJin JinRong TianYu Precision Machinery Inc. Competitors by Market Cap
The table below lists competitors of TianJin JinRong TianYu Precision Machinery Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huatian Hotel Group Co Ltd
SHE:000428
|
$235.38 Million |
|
CCCG Real Estate Corp Ltd
SHE:000736
|
$235.42 Million |
|
Longyan Kaolin Clay Co Ltd
SHG:605086
|
$235.46 Million |
|
Bleichroeder Acquisition Corp. I Unit
NASDAQ:BACQU
|
$235.49 Million |
|
Norwood Financial Corp
NASDAQ:NWFL
|
$235.31 Million |
|
Envipco Holding N.V.
AS:ENVI
|
$235.29 Million |
|
Goodwill E Health Info Co Ltd
SHG:688246
|
$235.29 Million |
|
Shanxi Huayang New Material Co Ltd
SHG:600281
|
$235.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TianJin JinRong TianYu Precision Machinery Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,151,329,000 to 1,199,665,000, a change of 48,336,000 (4.2%).
- Net income of 75,843,000 contributed positively to equity growth.
- Dividend payments of 37,679,000 reduced retained earnings.
- Other comprehensive income decreased equity by 192,671.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥75.84 Million | +6.32% |
| Dividends Paid | CN¥37.68 Million | -3.14% |
| Other Comprehensive Income | CN¥-192.67K | -0.02% |
| Other Changes | CN¥10.36 Million | +0.86% |
| Total Change | CN¥- | 4.20% |
Book Value vs Market Value Analysis
This analysis compares TianJin JinRong TianYu Precision Machinery Inc.'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: 3.16x
- 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 25.85x to 3.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥1.04 | CN¥27.00 | x |
| 2013-12-31 | CN¥3.97 | CN¥27.00 | x |
| 2014-12-31 | CN¥3.66 | CN¥27.00 | x |
| 2015-12-31 | CN¥4.10 | CN¥27.00 | x |
| 2016-12-31 | CN¥4.76 | CN¥27.00 | x |
| 2017-12-31 | CN¥3.78 | CN¥27.00 | x |
| 2018-12-31 | CN¥3.65 | CN¥27.00 | x |
| 2019-12-31 | CN¥4.15 | CN¥27.00 | x |
| 2020-12-31 | CN¥4.60 | CN¥27.00 | x |
| 2021-12-31 | CN¥7.27 | CN¥27.00 | x |
| 2022-12-31 | CN¥7.09 | CN¥27.00 | x |
| 2023-12-31 | CN¥8.25 | CN¥27.00 | x |
| 2024-12-31 | CN¥8.55 | CN¥27.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TianJin JinRong TianYu Precision Machinery Inc. 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): 6.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.13%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.83x
- Recent ROE (6.32%) is below the historical average (13.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 21.95% | 8.01% | 1.22x | 2.25x | CN¥5.62 Million |
| 2008 | 21.79% | 6.77% | 1.48x | 2.17x | CN¥7.34 Million |
| 2009 | 20.61% | 8.80% | 1.17x | 2.00x | CN¥8.99 Million |
| 2010 | 25.56% | 8.85% | 1.42x | 2.03x | CN¥16.47 Million |
| 2011 | 20.27% | 7.01% | 1.38x | 2.09x | CN¥13.64 Million |
| 2012 | 11.76% | 3.75% | 1.45x | 2.16x | CN¥2.79 Million |
| 2013 | 12.74% | 4.43% | 1.42x | 2.02x | CN¥4.90 Million |
| 2014 | 12.58% | 4.13% | 1.49x | 2.04x | CN¥4.74 Million |
| 2015 | 9.77% | 3.51% | 1.59x | 1.75x | CN¥-475.30K |
| 2016 | 14.59% | 5.78% | 1.44x | 1.75x | CN¥10.96 Million |
| 2017 | 8.83% | 4.37% | 1.20x | 1.68x | CN¥-4.27 Million |
| 2018 | 11.56% | 5.02% | 1.38x | 1.67x | CN¥5.84 Million |
| 2019 | 12.84% | 6.09% | 1.26x | 1.67x | CN¥11.78 Million |
| 2020 | 13.66% | 6.30% | 1.26x | 1.73x | CN¥16.71 Million |
| 2021 | 8.39% | 5.46% | 1.02x | 1.50x | CN¥-14.09 Million |
| 2022 | 8.89% | 5.83% | 1.01x | 1.51x | CN¥-10.44 Million |
| 2023 | 8.00% | 6.03% | 0.76x | 1.74x | CN¥-23.03 Million |
| 2024 | 6.32% | 4.13% | 0.84x | 1.83x | CN¥-44.12 Million |
Industry Comparison
This section compares TianJin JinRong TianYu Precision Machinery Inc.'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 |
|---|---|---|---|---|
| TianJin JinRong TianYu Precision Machinery Inc. (300988) | CN¥1.27 Billion | 21.95% | 0.80x | $235.32 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 |