Guangzhou Tongda Auto Electric Co Ltd
Guangzhou Tongda Auto Electric Co., Ltd engages in the smart transportation and mobile medical care business in China. It offers Smart Transportation, a one-stop solution for smart transportation software and hardware for commercial vehicle manufacturers and operators, and Tongda Cloud, a smart traffic management cloud platform. The company also provides an intelligent dispatching management plat… Read more
Guangzhou Tongda Auto Electric Co Ltd (603390) - Net Assets
Latest net assets as of September 2025: CN¥1.62 Billion CNY
Based on the latest financial reports, Guangzhou Tongda Auto Electric Co Ltd (603390) has net assets worth CN¥1.62 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¥1.90 Billion) and total liabilities (CN¥278.96 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¥1.62 Billion |
| % of Total Assets | 85.29% |
| Annual Growth Rate | 28.1% |
| 5-Year Change | -9.14% |
| 10-Year Change | N/A |
| Growth Volatility | 52.44 |
Guangzhou Tongda Auto Electric Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Guangzhou Tongda Auto Electric 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 Guangzhou Tongda Auto Electric Co Ltd (2015–2024)
The table below shows the annual net assets of Guangzhou Tongda Auto Electric Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.59 Billion | -0.04% |
| 2023-12-31 | CN¥1.59 Billion | +1.57% |
| 2022-12-31 | CN¥1.57 Billion | -6.26% |
| 2021-12-31 | CN¥1.67 Billion | -4.53% |
| 2020-12-31 | CN¥1.75 Billion | -0.32% |
| 2019-12-31 | CN¥1.75 Billion | +129.74% |
| 2018-12-31 | CN¥763.65 Million | +23.44% |
| 2017-12-31 | CN¥618.65 Million | +125.23% |
| 2016-12-31 | CN¥274.67 Million | +60.68% |
| 2015-12-31 | CN¥170.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Tongda Auto Electric 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 4191.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥266.85 Million | 16.81% |
| Common Stock | CN¥351.67 Million | 22.15% |
| Other Comprehensive Income | CN¥-248.50K | -0.02% |
| Other Components | CN¥969.08 Million | 61.05% |
| Total Equity | CN¥1.59 Billion | 100.00% |
Guangzhou Tongda Auto Electric Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Tongda Auto Electric Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVENUESAI LTD
NSE:CCAVENUE
|
$188.25 Million |
|
Zhejiang Zhengguang Industrial Co. Ltd.
SHE:301092
|
$188.39 Million |
|
FIRST UTD CORP. DL-01
F:FU3
|
$188.41 Million |
|
Mingxin Automotive Leather Co. Ltd.
SHG:605068
|
$188.41 Million |
|
Utechzone Co Ltd
TWO:3455
|
$188.13 Million |
|
AJAXENGG
NSE:AJAXENGG
|
$188.12 Million |
|
OraSure Technologies Inc
NASDAQ:OSUR
|
$188.12 Million |
|
First Insurance Co Ltd
TW:2852
|
$188.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Tongda Auto Electric Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,587,367,341 to 1,587,351,956, a change of -15,385 (-0.0%).
- Net income of 25,607,959 contributed positively to equity growth.
- Dividend payments of 28,489,696 reduced retained earnings.
- Share repurchases of 81,300 reduced equity.
- Other comprehensive income decreased equity by 71,907,443.
- Other factors increased equity by 74,855,095.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.61 Million | +1.61% |
| Dividends Paid | CN¥28.49 Million | -1.79% |
| Share Repurchases | CN¥81.30K | -0.01% |
| Other Comprehensive Income | CN¥-71.91 Million | -4.53% |
| Other Changes | CN¥74.86 Million | +4.72% |
| Total Change | CN¥- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Tongda Auto Electric 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: 2.81x
- 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 17.11x to 2.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥0.71 | CN¥12.18 | x |
| 2016-12-31 | CN¥1.14 | CN¥12.18 | x |
| 2017-12-31 | CN¥2.46 | CN¥12.18 | x |
| 2018-12-31 | CN¥2.89 | CN¥12.18 | x |
| 2019-12-31 | CN¥4.90 | CN¥12.18 | x |
| 2020-12-31 | CN¥4.91 | CN¥12.18 | x |
| 2021-12-31 | CN¥4.77 | CN¥12.18 | x |
| 2022-12-31 | CN¥4.47 | CN¥12.18 | x |
| 2023-12-31 | CN¥4.80 | CN¥12.18 | x |
| 2024-12-31 | CN¥4.34 | CN¥12.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Tongda Auto Electric 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): 1.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.85%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.17x
- Recent ROE (1.61%) is below the historical average (12.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 37.94% | 16.19% | 1.20x | 1.96x | CN¥47.64 Million |
| 2016 | 37.82% | 17.95% | 1.05x | 2.02x | CN¥76.28 Million |
| 2017 | 22.80% | 17.98% | 0.80x | 1.59x | CN¥79.04 Million |
| 2018 | 22.47% | 17.99% | 0.75x | 1.66x | CN¥95.08 Million |
| 2019 | 8.34% | 18.33% | 0.37x | 1.24x | CN¥-28.65 Million |
| 2020 | 2.55% | 6.85% | 0.31x | 1.21x | CN¥-128.45 Million |
| 2021 | -1.09% | -3.36% | 0.26x | 1.24x | CN¥-184.97 Million |
| 2022 | -6.69% | -21.93% | 0.26x | 1.18x | CN¥-261.05 Million |
| 2023 | 1.46% | 4.06% | 0.31x | 1.15x | CN¥-135.57 Million |
| 2024 | 1.61% | 3.85% | 0.36x | 1.17x | CN¥-133.13 Million |
Industry Comparison
This section compares Guangzhou Tongda Auto Electric Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Tongda Auto Electric Co Ltd (603390) | CN¥1.62 Billion | 37.94% | 0.17x | $188.18 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |