Hunan Tyen Machinery Co Ltd A

SHG:600698 China Specialty Industrial Machinery
Market Cap
$881.24 Million
CN¥6.47 Billion CNY
Market Cap Rank
#8729 Global
#1704 in China
Share Price
CN¥7.71
Change (1 day)
-1.03%
52-Week Range
CN¥5.42 - CN¥14.29
All Time High
CN¥14.29
About

Hunan Tyen Machinery Co.,Ltd engages in the design, development, production, and sales of diesel engine turbochargers, gasoline engine turbochargers, engine intake and exhaust valves, cooling fans, and other engine parts in China. Its products are used in passenger cars, commercial vehicles, construction machinery, agricultural machinery, and other fields. The company was founded in 1993 and is b… Read more

Hunan Tyen Machinery Co Ltd A (600698) - Net Assets

Latest net assets as of September 2025: CN¥770.60 Million CNY

Based on the latest financial reports, Hunan Tyen Machinery Co Ltd A (600698) has net assets worth CN¥770.60 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¥1.21 Billion) and total liabilities (CN¥437.15 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¥770.60 Million
% of Total Assets 63.8%
Annual Growth Rate 0.99%
5-Year Change -1.36%
10-Year Change 18.05%
Growth Volatility 90.16

Hunan Tyen Machinery Co Ltd A - Net Assets Trend (1993–2024)

This chart illustrates how Hunan Tyen Machinery Co Ltd A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hunan Tyen Machinery Co Ltd A (1993–2024)

The table below shows the annual net assets of Hunan Tyen Machinery Co Ltd A from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥768.86 Million +0.72%
2023-12-31 CN¥763.37 Million +0.38%
2022-12-31 CN¥760.49 Million -3.56%
2021-12-31 CN¥788.58 Million +1.17%
2020-12-31 CN¥779.43 Million +2.16%
2019-12-31 CN¥762.94 Million +56.23%
2018-12-31 CN¥488.34 Million -15.41%
2017-12-31 CN¥577.28 Million -12.71%
2016-12-31 CN¥661.32 Million +1.53%
2015-12-31 CN¥651.32 Million -6.72%
2014-12-31 CN¥698.24 Million +2.10%
2013-12-31 CN¥683.88 Million +9.45%
2012-12-31 CN¥624.85 Million +424.85%
2011-12-31 CN¥119.05 Million -49.37%
2010-12-31 CN¥235.16 Million -23.72%
2009-12-31 CN¥308.27 Million -23.82%
2008-12-31 CN¥404.67 Million +1.30%
2007-12-31 CN¥399.46 Million -34.71%
2006-12-31 CN¥611.81 Million +58.21%
2005-12-31 CN¥386.70 Million -0.12%
2004-12-31 CN¥387.18 Million +1.53%
2003-12-31 CN¥381.36 Million +123.96%
2002-12-31 CN¥-1.59 Billion -188.39%
2001-12-31 CN¥1.80 Billion -34.42%
2000-12-31 CN¥2.75 Billion -8.14%
1999-12-31 CN¥2.99 Billion -0.61%
1998-12-31 CN¥3.01 Billion +12.80%
1997-12-31 CN¥2.67 Billion +102.18%
1996-12-31 CN¥1.32 Billion +93.84%
1995-12-31 CN¥680.16 Million +2.73%
1994-12-31 CN¥662.10 Million +16.88%
1993-12-31 CN¥566.50 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hunan Tyen Machinery 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 decreased by 8629.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.07 Billion 139.33%
Other Comprehensive Income CN¥2.14 Million 0.28%
Other Components CN¥604.42 Million 78.61%
Total Equity CN¥768.86 Million 100.00%

Hunan Tyen Machinery Co Ltd A Competitors by Market Cap

The table below lists competitors of Hunan Tyen Machinery Co Ltd A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hunan Tyen Machinery Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 763,370,959 to 768,856,874, a change of 5,485,915 (0.7%).
  • Net income of 4,117,409 contributed positively to equity growth.
  • Share repurchases of 4,414,800 reduced equity.
  • Other comprehensive income increased equity by 1,368,512.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥4.12 Million +0.54%
Share Repurchases CN¥4.41 Million -0.57%
Other Comprehensive Income CN¥1.37 Million +0.18%
Other Changes CN¥4.41 Million +0.57%
Total Change CN¥- 0.72%

Book Value vs Market Value Analysis

This analysis compares Hunan Tyen Machinery 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: 10.59x
  • 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 12.30x to 10.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.63 CN¥7.71 x
1994-12-31 CN¥0.73 CN¥7.71 x
1995-12-31 CN¥0.75 CN¥7.71 x
1996-12-31 CN¥1.46 CN¥7.71 x
1997-12-31 CN¥2.64 CN¥7.71 x
1998-12-31 CN¥2.98 CN¥7.71 x
1999-12-31 CN¥2.96 CN¥7.71 x
2000-12-31 CN¥2.69 CN¥7.71 x
2001-12-31 CN¥1.77 CN¥7.71 x
2002-12-31 CN¥-1.60 CN¥7.71 x
2003-12-31 CN¥0.36 CN¥7.71 x
2004-12-31 CN¥0.36 CN¥7.71 x
2005-12-31 CN¥0.36 CN¥7.71 x
2006-12-31 CN¥0.62 CN¥7.71 x
2007-12-31 CN¥0.39 CN¥7.71 x
2008-12-31 CN¥0.40 CN¥7.71 x
2009-12-31 CN¥0.31 CN¥7.71 x
2010-12-31 CN¥0.26 CN¥7.71 x
2011-12-31 CN¥0.14 CN¥7.71 x
2012-12-31 CN¥0.64 CN¥7.71 x
2013-12-31 CN¥0.70 CN¥7.71 x
2014-12-31 CN¥0.72 CN¥7.71 x
2015-12-31 CN¥0.67 CN¥7.71 x
2016-12-31 CN¥0.68 CN¥7.71 x
2017-12-31 CN¥0.59 CN¥7.71 x
2018-12-31 CN¥0.50 CN¥7.71 x
2019-12-31 CN¥0.78 CN¥7.71 x
2020-12-31 CN¥0.73 CN¥7.71 x
2021-12-31 CN¥0.74 CN¥7.71 x
2022-12-31 CN¥0.71 CN¥7.71 x
2023-12-31 CN¥0.72 CN¥7.71 x
2024-12-31 CN¥0.73 CN¥7.71 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Tyen Machinery 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): 0.54%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.95%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 1.49x
  • Recent ROE (0.54%) is above the historical average (-3.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 19.63% 5.71% 2.05x 1.68x CN¥54.57 Million
1994 16.42% 6.28% 1.74x 1.50x CN¥42.51 Million
1995 17.70% 4.35% 2.66x 1.53x CN¥52.36 Million
1996 20.09% 8.14% 1.66x 1.49x CN¥133.09 Million
1997 17.65% 14.23% 1.18x 1.05x CN¥203.85 Million
1998 11.35% 17.50% 0.59x 1.09x CN¥40.50 Million
1999 0.66% 2.19% 0.23x 1.29x CN¥-279.11 Million
2000 -14.92% -75.88% 0.13x 1.53x CN¥-676.87 Million
2001 -39.08% -108.76% 0.19x 1.93x CN¥-878.85 Million
2002 0.00% -232.98% 0.69x 0.00x CN¥-1.38 Billion
2003 4.86% 1.77% 0.48x 5.65x CN¥-18.46 Million
2004 1.85% 0.59% 1.17x 2.70x CN¥-29.78 Million
2005 0.21% 0.05% 1.43x 2.82x CN¥-35.85 Million
2006 1.47% 0.49% 1.28x 2.34x CN¥-50.27 Million
2007 -28.97% -5.74% 1.35x 3.74x CN¥-149.30 Million
2008 0.95% 0.18% 1.43x 3.77x CN¥-35.03 Million
2009 -29.18% -6.13% 1.30x 3.67x CN¥-116.61 Million
2010 -26.76% -5.01% 1.22x 4.37x CN¥-91.14 Million
2011 -82.18% -8.88% 1.34x 6.90x CN¥-125.43 Million
2012 10.21% 6.95% 0.92x 1.61x CN¥1.33 Million
2013 8.63% 9.20% 0.63x 1.48x CN¥-9.37 Million
2014 2.06% 2.49% 0.52x 1.59x CN¥-55.46 Million
2015 -7.20% -10.55% 0.39x 1.73x CN¥-112.05 Million
2016 1.51% 1.78% 0.41x 2.08x CN¥-56.14 Million
2017 -14.56% -14.42% 0.44x 2.31x CN¥-141.77 Million
2018 -18.21% -18.96% 0.40x 2.37x CN¥-137.77 Million
2019 1.54% 2.33% 0.41x 1.61x CN¥-64.54 Million
2020 1.31% 1.59% 0.50x 1.63x CN¥-67.74 Million
2021 1.11% 1.54% 0.51x 1.41x CN¥-70.09 Million
2022 -3.66% -8.41% 0.31x 1.39x CN¥-103.85 Million
2023 0.37% 0.58% 0.39x 1.62x CN¥-73.49 Million
2024 0.54% 0.95% 0.38x 1.49x CN¥-72.77 Million

Industry Comparison

This section compares Hunan Tyen Machinery Co Ltd A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $2,756,582,101
  • Average return on equity (ROE) among peers: 3.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hunan Tyen Machinery Co Ltd A (600698) CN¥770.60 Million 19.63% 0.57x $700.73 Million
Huayi Compressor Co Ltd (000404) $4.62 Billion 6.27% 1.54x $442.00 Million
Shenyang Machine Tool Co Ltd (000410) $1.64 Billion 1.42% 7.02x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $9.01 Billion 5.39% 0.56x $1.99 Billion
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) $253.05 Million 8.02% 1.40x $521.27 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $2.55 Billion 0.37% 0.97x $25.43 Million
Baota Industry Co Ltd (000595) $746.32 Million -18.39% 0.62x $534.59 Million
SUFA Technology Industry Co Ltd CNNC (000777) $303.55 Million 4.59% 0.79x $1.02 Billion
J.S. Corrugating Machinery Co Ltd (000821) $4.26 Billion 10.07% 2.30x $779.89 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $3.87 Billion 7.25% 1.03x $897.36 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $316.43 Million 11.36% 5.88x $460.99 Million