Zhejiang Tongli Transmission Technology Co. Ltd. A (301255) - Net Assets
Based on the latest financial reports, Zhejiang Tongli Transmission Technology Co. Ltd. A (301255) has net assets worth CN¥1.04 Billion CNY (≈ $151.85 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¥1.43 Billion ≈ $209.98 Million USD) and total liabilities (CN¥397.25 Million ≈ $58.13 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 Zhejiang Tongli Transmission Technology asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 72.32% |
| Annual Growth Rate | 40.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 82.43 |
Zhejiang Tongli Transmission Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Zhejiang Tongli Transmission Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Zhejiang Tongli Transmission Technology for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang Tongli Transmission Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Zhejiang Tongli Transmission Technology Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see 301255 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.04 Billion ≈ $152.11 Million |
-0.23% |
| 2023-12-31 | CN¥1.04 Billion ≈ $152.47 Million |
+1.24% |
| 2022-12-31 | CN¥1.03 Billion ≈ $150.61 Million |
+175.37% |
| 2021-12-31 | CN¥373.76 Million ≈ $54.69 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Tongli Transmission Technology Co. Ltd. A'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 35.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥329.08 Million | 31.66% |
| Other Components | CN¥710.43 Million | 68.34% |
| Total Equity | CN¥1.04 Billion | 100.00% |
Zhejiang Tongli Transmission Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang Tongli Transmission Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Ruifeng Chemical Co Ltd
SHE:300243
|
$646.42 Million |
|
Tianjin Jiuri New Materials Co Ltd
SHG:688199
|
$646.44 Million |
|
Solarvest Holdings Bhd
KLSE:0215
|
$646.49 Million |
|
Princess Private Equity Holding Ltd
LSE:PEY
|
$646.59 Million |
|
Idp Education Ltd
AU:IEL
|
$645.97 Million |
|
Guangdong Brandmax Marketing Co Ltd
SHE:300805
|
$645.94 Million |
|
Seobu T&D Co. Ltd
KQ:006730
|
$645.91 Million |
|
TomTom NV
AS:TOM2
|
$645.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Tongli Transmission Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,041,954,481 to 1,039,508,078, a change of -2,446,402 (-0.2%).
- Net income of 51,950,667 contributed positively to equity growth.
- Dividend payments of 54,668,196 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥51.95 Million | +5.0% |
| Dividends Paid | CN¥54.67 Million | -5.26% |
| Other Changes | CN¥271.13K | +0.03% |
| Total Change | CN¥- | -0.23% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Tongli Transmission Technology Co. Ltd. A'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: 4.25x
- 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 8.86x to 4.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.27 | CN¥29.00 | x |
| 2022-12-31 | CN¥6.76 | CN¥29.00 | x |
| 2023-12-31 | CN¥6.84 | CN¥29.00 | x |
| 2024-12-31 | CN¥6.82 | CN¥29.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Tongli Transmission Technology Co. Ltd. A 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): 5.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.14%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.34x
- Recent ROE (5.00%) is below the historical average (11.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 24.23% | 19.38% | 0.83x | 1.51x | CN¥53.18 Million |
| 2022 | 9.40% | 20.70% | 0.37x | 1.24x | CN¥-6.15 Million |
| 2023 | 7.75% | 17.26% | 0.35x | 1.27x | CN¥-23.44 Million |
| 2024 | 5.00% | 12.14% | 0.31x | 1.34x | CN¥-52.00 Million |
Industry Comparison
This section compares Zhejiang Tongli Transmission Technology Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,102,466,364
- Average return on equity (ROE) among peers: 12.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Tongli Transmission Technology Co. Ltd. A (301255) | CN¥1.04 Billion | 24.23% | 0.38x | $646.39 Million |
| XJ Electric Co Ltd (000400) | $2.06 Billion | 5.67% | 0.94x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $868.77 Million | 22.25% | 1.96x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.19 Billion | 10.32% | 0.10x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.41 Billion | 1.38% | 0.23x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $881.96 Million | 3.88% | 5.40x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $728.66 Million | 5.17% | 0.60x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $218.98 Million | 10.86% | 0.64x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $1.11 Billion | 22.54% | 1.37x | $9.75 Billion |
About Zhejiang Tongli Transmission Technology Co. Ltd. A
Zhejiang TongLi Transmission Technology Co., Ltd. engages in the research and development, production, sale, and service of gearboxes in China. It offers gear reducers, industrial gearboxes, planetary and specialized gearboxes, screw elevators, plate feeder, special reducers, and other reducers, as well as hoist reducer, crane, and bucket elevator drives. Its products are used in metallurgy, chem… Read more