Tederic Machinery Co Ltd

SHG:603289 China Specialty Industrial Machinery
Market Cap
$453.84 Million
CN¥3.33 Billion CNY
Market Cap Rank
#16074 Global
#4276 in China
Share Price
CN¥11.35
Change (1 day)
-1.39%
52-Week Range
CN¥7.45 - CN¥11.83
All Time High
CN¥19.53
About

Tederic Machinery Co., LTD manufactures and sells injection molding solutions in China and internationally. The company offers toggle system, two-platen, all electric, and electric injection molding machines; and multi-component injection molding machines with vertical rotary turntable. Its products have applications in automotive parts, packaging, communication electronics, medical, logistics an… Read more

Tederic Machinery Co Ltd (603289) - Net Assets

Latest net assets as of September 2025: CN¥1.47 Billion CNY

Based on the latest financial reports, Tederic Machinery Co Ltd (603289) has net assets worth CN¥1.47 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¥2.93 Billion) and total liabilities (CN¥1.46 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¥1.47 Billion
% of Total Assets 50.07%
Annual Growth Rate 15.08%
5-Year Change 34.62%
10-Year Change 261.79%
Growth Volatility 23.8

Tederic Machinery Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Tederic Machinery 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 Tederic Machinery Co Ltd (2012–2024)

The table below shows the annual net assets of Tederic Machinery Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.43 Billion +2.41%
2023-12-31 CN¥1.40 Billion +3.36%
2022-12-31 CN¥1.35 Billion +1.42%
2021-12-31 CN¥1.33 Billion +25.40%
2020-12-31 CN¥1.06 Billion +3.14%
2019-12-31 CN¥1.03 Billion +6.97%
2018-12-31 CN¥962.03 Million +8.48%
2017-12-31 CN¥886.80 Million +92.38%
2016-12-31 CN¥460.96 Million +16.71%
2015-12-31 CN¥394.97 Million +13.13%
2014-12-31 CN¥349.13 Million +17.25%
2013-12-31 CN¥297.76 Million +12.43%
2012-12-31 CN¥264.84 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tederic Machinery 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 grown by 1485.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥563.93 Million 39.46%
Common Stock CN¥293.22 Million 20.52%
Other Comprehensive Income CN¥110.13 Million 7.71%
Other Components CN¥461.67 Million 32.31%
Total Equity CN¥1.43 Billion 100.00%

Tederic Machinery Co Ltd Competitors by Market Cap

The table below lists competitors of Tederic Machinery Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,395,317,330 to 1,428,961,079, a change of 33,643,749 (2.4%).
  • Net income of 82,208,555 contributed positively to equity growth.
  • Dividend payments of 47,120,835 reduced retained earnings.
  • Share repurchases of 12,341,710 reduced equity.
  • Other comprehensive income increased equity by 6,018,716.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥82.21 Million +5.75%
Dividends Paid CN¥47.12 Million -3.3%
Share Repurchases CN¥12.34 Million -0.86%
Other Comprehensive Income CN¥6.02 Million +0.42%
Other Changes CN¥4.88 Million +0.34%
Total Change CN¥- 2.41%

Book Value vs Market Value Analysis

This analysis compares Tederic Machinery 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: 2.33x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 8.49x to 2.33x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥1.34 CN¥11.35 x
2013-12-31 CN¥1.52 CN¥11.35 x
2014-12-31 CN¥1.77 CN¥11.35 x
2015-12-31 CN¥1.99 CN¥11.35 x
2016-12-31 CN¥2.31 CN¥11.35 x
2017-12-31 CN¥4.25 CN¥11.35 x
2018-12-31 CN¥3.63 CN¥11.35 x
2019-12-31 CN¥3.87 CN¥11.35 x
2020-12-31 CN¥3.99 CN¥11.35 x
2021-12-31 CN¥4.59 CN¥11.35 x
2022-12-31 CN¥4.60 CN¥11.35 x
2023-12-31 CN¥4.71 CN¥11.35 x
2024-12-31 CN¥4.87 CN¥11.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tederic Machinery 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): 5.75%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.16%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 2.07x
  • Recent ROE (5.75%) is below the historical average (11.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 16.68% 14.11% 0.62x 1.89x CN¥17.69 Million
2013 14.14% 12.68% 0.63x 1.78x CN¥12.33 Million
2014 19.10% 14.27% 0.79x 1.69x CN¥31.76 Million
2015 13.54% 13.20% 0.67x 1.54x CN¥13.99 Million
2016 15.98% 14.38% 0.69x 1.61x CN¥27.54 Million
2017 9.42% 11.88% 0.55x 1.44x CN¥-5.17 Million
2018 10.45% 12.69% 0.60x 1.36x CN¥4.37 Million
2019 11.16% 14.29% 0.57x 1.37x CN¥11.92 Million
2020 8.17% 9.93% 0.58x 1.42x CN¥-19.45 Million
2021 10.68% 12.96% 0.58x 1.42x CN¥9.11 Million
2022 7.16% 8.15% 0.60x 1.47x CN¥-38.32 Million
2023 6.15% 8.57% 0.43x 1.68x CN¥-53.69 Million
2024 5.75% 7.16% 0.39x 2.07x CN¥-60.69 Million

Industry Comparison

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

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tederic Machinery Co Ltd (603289) CN¥1.47 Billion 16.68% 1.00x $162.83 Million
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million