Tederic Machinery Co Ltd (603289) - Net Assets
Based on the latest financial reports, Tederic Machinery Co Ltd (603289) has net assets worth CN¥1.47 Billion CNY (≈ $214.72 Million USD) 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 ≈ $428.82 Million USD) and total liabilities (CN¥1.46 Billion ≈ $214.10 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 603289 financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Tederic Machinery Co Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Tederic Machinery Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.43 Billion ≈ $209.10 Million |
+2.41% |
| 2023-12-31 | CN¥1.40 Billion ≈ $204.18 Million |
+3.36% |
| 2022-12-31 | CN¥1.35 Billion ≈ $197.55 Million |
+1.42% |
| 2021-12-31 | CN¥1.33 Billion ≈ $194.77 Million |
+25.40% |
| 2020-12-31 | CN¥1.06 Billion ≈ $155.33 Million |
+3.14% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.59 Million |
+6.97% |
| 2018-12-31 | CN¥962.03 Million ≈ $140.77 Million |
+8.48% |
| 2017-12-31 | CN¥886.80 Million ≈ $129.77 Million |
+92.38% |
| 2016-12-31 | CN¥460.96 Million ≈ $67.45 Million |
+16.71% |
| 2015-12-31 | CN¥394.97 Million ≈ $57.80 Million |
+13.13% |
| 2014-12-31 | CN¥349.13 Million ≈ $51.09 Million |
+17.25% |
| 2013-12-31 | CN¥297.76 Million ≈ $43.57 Million |
+12.43% |
| 2012-12-31 | CN¥264.84 Million ≈ $38.75 Million |
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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.
| Company | Market Cap |
|---|---|
|
Shanghai Lianming Machinery Co Ltd
SHG:603006
|
$500.78 Million |
|
Moura Dubeux Engenharia S.A
SA:MDNE3
|
$501.05 Million |
|
Astral Foods Ltd.
JSE:ARL
|
$501.07 Million |
|
Qualitas Ltd
AU:QAL
|
$501.20 Million |
|
TFE Co. Ltd.
KQ:425420
|
$500.50 Million |
|
Lavvi Empreendimentos Imobiliários S.A
SA:LAVV3
|
$500.44 Million |
|
Ce Link Ltd
SHE:300787
|
$500.39 Million |
|
Yunnan Yuntou Ecology and Environment Technology Co Ltd
SHE:002200
|
$500.39 Million |
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: 2.40x
- 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 8.72x to 2.40x 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¥11.66 | x |
| 2013-12-31 | CN¥1.52 | CN¥11.66 | x |
| 2014-12-31 | CN¥1.77 | CN¥11.66 | x |
| 2015-12-31 | CN¥1.99 | CN¥11.66 | x |
| 2016-12-31 | CN¥2.31 | CN¥11.66 | x |
| 2017-12-31 | CN¥4.25 | CN¥11.66 | x |
| 2018-12-31 | CN¥3.63 | CN¥11.66 | x |
| 2019-12-31 | CN¥3.87 | CN¥11.66 | x |
| 2020-12-31 | CN¥3.99 | CN¥11.66 | x |
| 2021-12-31 | CN¥4.59 | CN¥11.66 | x |
| 2022-12-31 | CN¥4.60 | CN¥11.66 | x |
| 2023-12-31 | CN¥4.71 | CN¥11.66 | x |
| 2024-12-31 | CN¥4.87 | CN¥11.66 | 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: $2,004,947,424
- Average return on equity (ROE) among peers: -24.91%
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 | $500.59 Million |
| Huayi Compressor Co Ltd (000404) | $4.89 Billion | 8.55% | 1.57x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $824.03 Million | -170.30% | 29.09x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $319.51 Million | 4.81% | 0.48x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.45 Billion | 2.58% | 0.60x | $520.37 Million |
| Changchai Co Ltd (000570) | $3.36 Billion | 2.28% | 0.55x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $327.45 Million | -65.69% | 8.93x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $280.92 Million | 8.98% | 0.50x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.55 Billion | 0.54% | 0.80x | $1.66 Billion |
About Tederic Machinery Co Ltd
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