Anhui Tongfeng Electronics Co Ltd

SHG:600237 China Electronic Components
Market Cap
$875.07 Million
CN¥6.42 Billion CNY
Market Cap Rank
#9015 Global
#1794 in China
Share Price
CN¥10.18
Change (1 day)
-2.96%
52-Week Range
CN¥5.95 - CN¥11.15
All Time High
CN¥11.15
Categories
Companies in China Electronic Components Technology AI & Machine Learning
About

Anhui Tongfeng Electronics Company Limited engages in the research and development, production, and sales of thin films, film capacitors and related electronic components in the People's Republic of China. The company offers polypropylene films, metallized films, AC capacitors, DC capacitors, power electronic capacitors, polyester films, quartz crystal resonators, capacitor accessories, and preci… Read more

Anhui Tongfeng Electronics Co Ltd (600237) - Net Assets

Latest net assets as of September 2025: CN¥1.96 Billion CNY

Based on the latest financial reports, Anhui Tongfeng Electronics Co Ltd (600237) has net assets worth CN¥1.96 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¥2.65 Billion) and total liabilities (CN¥694.96 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¥1.96 Billion
% of Total Assets 73.78%
Annual Growth Rate 12.43%
5-Year Change 65.74%
10-Year Change 28.87%
Growth Volatility 49.26

Anhui Tongfeng Electronics Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Anhui Tongfeng 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 Anhui Tongfeng Electronics Co Ltd (1997–2024)

The table below shows the annual net assets of Anhui Tongfeng Electronics Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.90 Billion +6.64%
2023-12-31 CN¥1.78 Billion +38.24%
2022-12-31 CN¥1.29 Billion +7.24%
2021-12-31 CN¥1.20 Billion +4.84%
2020-12-31 CN¥1.14 Billion +0.85%
2019-12-31 CN¥1.13 Billion -11.49%
2018-12-31 CN¥1.28 Billion +0.82%
2017-12-31 CN¥1.27 Billion +1.62%
2016-12-31 CN¥1.25 Billion -14.97%
2015-12-31 CN¥1.47 Billion -1.39%
2014-12-31 CN¥1.49 Billion -4.05%
2013-12-31 CN¥1.55 Billion +86.40%
2012-12-31 CN¥834.15 Million +3.18%
2011-12-31 CN¥808.44 Million +6.48%
2010-12-31 CN¥759.23 Million +5.40%
2009-12-31 CN¥720.34 Million -13.12%
2008-12-31 CN¥829.13 Million +1.39%
2007-12-31 CN¥817.74 Million -3.34%
2006-12-31 CN¥845.98 Million +43.79%
2005-12-31 CN¥588.36 Million +6.37%
2004-12-31 CN¥553.10 Million +4.94%
2003-12-31 CN¥527.08 Million +11.01%
2002-12-31 CN¥474.79 Million +3.47%
2001-12-31 CN¥458.86 Million +5.55%
2000-12-31 CN¥434.71 Million +247.44%
1999-12-31 CN¥125.12 Million +22.71%
1998-12-31 CN¥101.96 Million +27.11%
1997-12-31 CN¥80.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to Anhui Tongfeng 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 decreased by 930.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥630.71 Million 34.60%
Other Comprehensive Income CN¥97.30 Million 5.34%
Other Components CN¥1.16 Billion 63.56%
Total Equity CN¥1.82 Billion 100.00%

Anhui Tongfeng Electronics Co Ltd Competitors by Market Cap

The table below lists competitors of Anhui Tongfeng Electronics Co Ltd ranked by their market capitalization.

Company Market Cap
Vossloh AG
PINK:VOSSF
 		$655.72 Million
Tianjin Silvery Dragon
SHG:603969
 		$656.31 Million
Shinsung Delta Tech Co.Ltd
KQ:065350
 		$656.39 Million
National Presto Industries Inc
NYSE:NPK
 		$656.39 Million
NOVA LJUBLJ.BK GDR REG.S
F:N1V2
 		$655.64 Million
Shanghai Jin Jiang International Industrial Investment Co Ltd A
SHG:600650
 		$655.58 Million
Hang Xiao Steel Structure Co Ltd
SHG:600477
 		$655.49 Million
Shinkong Insurance Co Ltd
TW:2850
 		$655.45 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,708,380,933 to 1,822,601,629, a change of 114,220,696 (6.7%).
  • Net income of 95,735,341 contributed positively to equity growth.
  • Dividend payments of 2,137,346 reduced retained earnings.
  • Share repurchases of 156,400 reduced equity.
  • Other comprehensive income increased equity by 102,234,806.
  • Other factors decreased equity by 81,455,705.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥95.74 Million +5.25%
Dividends Paid CN¥2.14 Million -0.12%
Share Repurchases CN¥156.40K -0.01%
Other Comprehensive Income CN¥102.23 Million +5.61%
Other Changes CN¥-81.46 Million -4.47%
Total Change CN¥- 6.69%

Book Value vs Market Value Analysis

This analysis compares Anhui Tongfeng 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: 3.47x
  • 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 53.35x to 3.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.19 CN¥10.18 x
1998-12-31 CN¥0.24 CN¥10.18 x
1999-12-31 CN¥0.30 CN¥10.18 x
2000-12-31 CN¥1.07 CN¥10.18 x
2001-12-31 CN¥1.13 CN¥10.18 x
2002-12-31 CN¥1.18 CN¥10.18 x
2003-12-31 CN¥1.31 CN¥10.18 x
2004-12-31 CN¥1.37 CN¥10.18 x
2005-12-31 CN¥1.39 CN¥10.18 x
2006-12-31 CN¥2.18 CN¥10.18 x
2007-12-31 CN¥1.89 CN¥10.18 x
2008-12-31 CN¥2.27 CN¥10.18 x
2009-12-31 CN¥1.68 CN¥10.18 x
2010-12-31 CN¥1.87 CN¥10.18 x
2011-12-31 CN¥1.94 CN¥10.18 x
2012-12-31 CN¥1.91 CN¥10.18 x
2013-12-31 CN¥2.37 CN¥10.18 x
2014-12-31 CN¥2.55 CN¥10.18 x
2015-12-31 CN¥2.04 CN¥10.18 x
2016-12-31 CN¥2.16 CN¥10.18 x
2017-12-31 CN¥2.19 CN¥10.18 x
2018-12-31 CN¥2.21 CN¥10.18 x
2019-12-31 CN¥1.94 CN¥10.18 x
2020-12-31 CN¥1.96 CN¥10.18 x
2021-12-31 CN¥2.04 CN¥10.18 x
2022-12-31 CN¥2.17 CN¥10.18 x
2023-12-31 CN¥2.95 CN¥10.18 x
2024-12-31 CN¥2.93 CN¥10.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Anhui Tongfeng 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): 5.25%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.43%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.33x
  • Recent ROE (5.25%) is above the historical average (3.16%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 18.99% 16.85% 0.33x 3.40x CN¥6.88 Million
1998 21.71% 18.55% 0.36x 3.26x CN¥11.44 Million
1999 19.41% 15.94% 0.41x 2.94x CN¥11.41 Million
2000 6.34% 15.42% 0.27x 1.53x CN¥-15.73 Million
2001 8.87% 18.73% 0.33x 1.45x CN¥-5.12 Million
2002 6.48% 13.00% 0.34x 1.48x CN¥-16.71 Million
2003 9.62% 16.06% 0.41x 1.46x CN¥-1.97 Million
2004 8.32% 11.58% 0.44x 1.63x CN¥-9.28 Million
2005 4.68% 6.53% 0.33x 2.15x CN¥-29.63 Million
2006 1.94% 3.14% 0.34x 1.84x CN¥-63.86 Million
2007 -5.19% -7.00% 0.34x 2.15x CN¥-115.68 Million
2008 1.32% 1.50% 0.42x 2.10x CN¥-66.91 Million
2009 -14.90% -18.81% 0.36x 2.18x CN¥-167.15 Million
2010 4.28% 4.04% 0.51x 2.07x CN¥-40.95 Million
2011 6.18% 5.67% 0.56x 1.95x CN¥-29.14 Million
2012 3.15% 3.81% 0.42x 1.96x CN¥-53.97 Million
2013 0.84% 1.96% 0.32x 1.35x CN¥-137.92 Million
2014 -5.89% -12.41% 0.32x 1.49x CN¥-225.16 Million
2015 0.98% 2.34% 0.24x 1.74x CN¥-129.11 Million
2016 -17.18% -35.54% 0.27x 1.76x CN¥-331.98 Million
2017 1.14% 1.73% 0.40x 1.63x CN¥-109.51 Million
2018 0.77% 1.08% 0.46x 1.53x CN¥-114.97 Million
2019 -14.80% -19.74% 0.47x 1.60x CN¥-271.93 Million
2020 0.72% 0.93% 0.51x 1.52x CN¥-102.52 Million
2021 4.42% 5.09% 0.58x 1.51x CN¥-64.17 Million
2022 6.04% 7.11% 0.54x 1.57x CN¥-48.47 Million
2023 5.08% 8.01% 0.45x 1.41x CN¥-84.09 Million
2024 5.25% 7.43% 0.53x 1.33x CN¥-86.52 Million

Industry Comparison

This section compares Anhui Tongfeng Electronics Co Ltd's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

  • Industry: Electronic Components
  • Average net assets among peers: $2,729,724,236
  • Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Anhui Tongfeng Electronics Co Ltd (600237) CN¥1.96 Billion 18.99% 0.36x $655.70 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020) $232.24 Million -19.09% 0.85x $268.56 Million
Shenzhen Desay Battery Technology Co Ltd (000049) $2.26 Billion 17.72% 2.90x $768.09 Million
CPT Technology Group Co Ltd (000536) $-18.89 Million 0.00% 0.00x $1.06 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) $12.01 Billion 2.72% 0.32x $2.22 Billion
Xiamen Xindeco Ltd (000701) $796.35 Million 5.67% 2.04x $315.64 Million
BOE Technology Group Co Ltd (000725) $5.52 Billion 12.51% 1.42x $20.18 Billion
China Zhenhua Group Science & Technology Co Ltd (000733) $5.38 Billion 5.53% 0.63x $2.54 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) $451.00 Million 7.52% 0.67x $1.39 Billion
Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) $389.14 Million 20.02% 1.72x $174.91 Million
Shanghai Smart Control Co. Ltd. (001266) $268.16 Million 42.89% 0.50x $149.46 Million