Hunan Tyen Machinery Co Ltd A (600698) - Net Assets
Based on the latest financial reports, Hunan Tyen Machinery Co Ltd A (600698) has net assets worth CN¥738.88 Million CNY (≈ $108.12 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.23 Billion ≈ $179.54 Million USD) and total liabilities (CN¥488.03 Million ≈ $71.41 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 Hunan Tyen Machinery Co Ltd A (600698) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥738.88 Million |
| % of Total Assets | 60.22% |
| Annual Growth Rate | 0.83% |
| 5-Year Change | -6.45% |
| 10-Year Change | 11.55% |
| Growth Volatility | 88.74 |
Hunan Tyen Machinery Co Ltd A - Net Assets Trend (1993–2025)
This chart illustrates how Hunan Tyen Machinery Co Ltd A's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Hunan Tyen Machinery Co Ltd A to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hunan Tyen Machinery Co Ltd A (1993–2025)
The table below shows the annual net assets of Hunan Tyen Machinery Co Ltd A from 1993 to 2025. For live valuation and market cap data, see 600698 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥737.69 Million ≈ $107.95 Million |
-4.05% |
| 2024-12-31 | CN¥768.86 Million ≈ $112.51 Million |
+0.72% |
| 2023-12-31 | CN¥763.37 Million ≈ $111.71 Million |
+0.38% |
| 2022-12-31 | CN¥760.49 Million ≈ $111.28 Million |
-3.56% |
| 2021-12-31 | CN¥788.58 Million ≈ $115.39 Million |
+1.17% |
| 2020-12-31 | CN¥779.43 Million ≈ $114.06 Million |
+2.16% |
| 2019-12-31 | CN¥762.94 Million ≈ $111.64 Million |
+56.23% |
| 2018-12-31 | CN¥488.34 Million ≈ $71.46 Million |
-15.41% |
| 2017-12-31 | CN¥577.28 Million ≈ $84.47 Million |
-12.71% |
| 2016-12-31 | CN¥661.32 Million ≈ $96.77 Million |
+1.53% |
| 2015-12-31 | CN¥651.32 Million ≈ $95.31 Million |
-6.72% |
| 2014-12-31 | CN¥698.24 Million ≈ $102.17 Million |
+2.10% |
| 2013-12-31 | CN¥683.88 Million ≈ $100.07 Million |
+9.45% |
| 2012-12-31 | CN¥624.85 Million ≈ $91.44 Million |
+424.85% |
| 2011-12-31 | CN¥119.05 Million ≈ $17.42 Million |
-49.37% |
| 2010-12-31 | CN¥235.16 Million ≈ $34.41 Million |
-23.72% |
| 2009-12-31 | CN¥308.27 Million ≈ $45.11 Million |
-23.82% |
| 2008-12-31 | CN¥404.67 Million ≈ $59.22 Million |
+1.30% |
| 2007-12-31 | CN¥399.46 Million ≈ $58.45 Million |
-34.71% |
| 2006-12-31 | CN¥611.81 Million ≈ $89.53 Million |
+58.21% |
| 2005-12-31 | CN¥386.70 Million ≈ $56.59 Million |
-0.12% |
| 2004-12-31 | CN¥387.18 Million ≈ $56.66 Million |
+1.53% |
| 2003-12-31 | CN¥381.36 Million ≈ $55.81 Million |
+123.96% |
| 2002-12-31 | CN¥-1.59 Billion ≈ $-232.87 Million |
-188.39% |
| 2001-12-31 | CN¥1.80 Billion ≈ $263.46 Million |
-34.42% |
| 2000-12-31 | CN¥2.75 Billion ≈ $401.72 Million |
-8.14% |
| 1999-12-31 | CN¥2.99 Billion ≈ $437.30 Million |
-0.61% |
| 1998-12-31 | CN¥3.01 Billion ≈ $439.97 Million |
+12.80% |
| 1997-12-31 | CN¥2.67 Billion ≈ $390.05 Million |
+102.18% |
| 1996-12-31 | CN¥1.32 Billion ≈ $192.92 Million |
+93.84% |
| 1995-12-31 | CN¥680.16 Million ≈ $99.53 Million |
+2.73% |
| 1994-12-31 | CN¥662.10 Million ≈ $96.89 Million |
+16.88% |
| 1993-12-31 | CN¥566.50 Million ≈ $82.90 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 8923.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.68 Billion | 227.46% |
| Total Equity | CN¥737.69 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.
| Company | Market Cap |
|---|---|
|
TOA Paint (Thailand) Public Company Limited
BK:TOA
|
$791.55 Million |
|
Sinosteel Luonai Materials Technology Co. Ltd. A
SHG:688119
|
$791.84 Million |
|
E&R Engineering
TWO:8027
|
$791.91 Million |
|
Gilat Satellite Networks Ltd
TA:GILT
|
$792.14 Million |
|
Chutian Dragon Co Ltd
SHE:003040
|
$791.53 Million |
|
Jilin Expressway Co Ltd
SHG:601518
|
$791.21 Million |
|
Huarong Chemical Co. Ltd.
SHE:301256
|
$790.89 Million |
|
Pantoro Gold Ltd
AU:PNR
|
$790.48 Million |
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 2024 to 2025, total equity changed from 768,856,874 to 737,688,811, a change of -31,168,063 (-4.1%).
- Net loss of 31,312,935 reduced equity.
- Other comprehensive income decreased equity by 2,143,435.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-31.31 Million | -4.24% |
| Other Comprehensive Income | CN¥-2.14 Million | -0.29% |
| Other Changes | CN¥2.29 Million | +0.31% |
| Total Change | CN¥- | -4.05% |
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: 9.34x
- 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 10.29x to 9.34x 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¥6.45 | x |
| 1994-12-31 | CN¥0.73 | CN¥6.45 | x |
| 1995-12-31 | CN¥0.75 | CN¥6.45 | x |
| 1996-12-31 | CN¥1.46 | CN¥6.45 | x |
| 1997-12-31 | CN¥2.64 | CN¥6.45 | x |
| 1998-12-31 | CN¥2.98 | CN¥6.45 | x |
| 1999-12-31 | CN¥2.96 | CN¥6.45 | x |
| 2000-12-31 | CN¥2.69 | CN¥6.45 | x |
| 2001-12-31 | CN¥1.77 | CN¥6.45 | x |
| 2002-12-31 | CN¥-1.60 | CN¥6.45 | x |
| 2003-12-31 | CN¥0.36 | CN¥6.45 | x |
| 2004-12-31 | CN¥0.36 | CN¥6.45 | x |
| 2005-12-31 | CN¥0.36 | CN¥6.45 | x |
| 2006-12-31 | CN¥0.62 | CN¥6.45 | x |
| 2007-12-31 | CN¥0.39 | CN¥6.45 | x |
| 2008-12-31 | CN¥0.40 | CN¥6.45 | x |
| 2009-12-31 | CN¥0.31 | CN¥6.45 | x |
| 2010-12-31 | CN¥0.26 | CN¥6.45 | x |
| 2011-12-31 | CN¥0.14 | CN¥6.45 | x |
| 2012-12-31 | CN¥0.64 | CN¥6.45 | x |
| 2013-12-31 | CN¥0.70 | CN¥6.45 | x |
| 2014-12-31 | CN¥0.72 | CN¥6.45 | x |
| 2015-12-31 | CN¥0.67 | CN¥6.45 | x |
| 2016-12-31 | CN¥0.68 | CN¥6.45 | x |
| 2017-12-31 | CN¥0.59 | CN¥6.45 | x |
| 2018-12-31 | CN¥0.50 | CN¥6.45 | x |
| 2019-12-31 | CN¥0.78 | CN¥6.45 | x |
| 2020-12-31 | CN¥0.73 | CN¥6.45 | x |
| 2021-12-31 | CN¥0.74 | CN¥6.45 | x |
| 2022-12-31 | CN¥0.82 | CN¥6.45 | x |
| 2023-12-31 | CN¥0.72 | CN¥6.45 | x |
| 2024-12-31 | CN¥0.73 | CN¥6.45 | x |
| 2025-12-31 | CN¥0.69 | CN¥6.45 | 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): -4.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.07%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.60x
- Recent ROE (-4.24%) is below the historical average (-3.90%), suggesting potential challenges in 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 |
| 2025 | -4.24% | -6.07% | 0.44x | 1.60x | CN¥-105.08 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: $2,053,540,271
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Tyen Machinery Co Ltd A (600698) | CN¥738.88 Million | 19.63% | 0.66x | $791.54 Million |
| Huayi Compressor Co Ltd (000404) | $2.70 Billion | 6.94% | 1.45x | $768.94 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.11 Billion | 8.63% | 3.77x | $1.98 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.75 Billion | 8.40% | 0.54x | $4.14 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $657.04 Million | 17.35% | 0.68x | $478.11 Million |
| Changchai Co Ltd (000570) | $2.06 Billion | 3.02% | 0.72x | $409.83 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $356.47 Million | -22.08% | 1.87x | $1.07 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.10 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.36 Billion | 2.28% | 1.62x | $788.41 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $803.92 Million | 9.00% | 0.67x | $1.83 Billion |
About Hunan Tyen Machinery Co Ltd A
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