Shanghai Tianyong Engineering Co Ltd (603895) - Net Assets
Based on the latest financial reports, Shanghai Tianyong Engineering Co Ltd (603895) has net assets worth CN¥104.70 Million CNY (≈ $15.32 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¥1.12 Billion ≈ $164.05 Million USD) and total liabilities (CN¥1.02 Billion ≈ $148.73 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 603895 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥104.70 Million |
| % of Total Assets | 9.34% |
| Annual Growth Rate | 3.52% |
| 5-Year Change | -86.47% |
| 10-Year Change | -51.58% |
| Growth Volatility | 56.33 |
Shanghai Tianyong Engineering Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Shanghai Tianyong Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shanghai Tianyong Engineering Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Tianyong Engineering Co Ltd (2013–2024)
The table below shows the annual net assets of Shanghai Tianyong Engineering Co Ltd from 2013 to 2024. For live valuation and market cap data, see 603895 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥80.51 Million ≈ $11.78 Million |
-72.51% |
| 2023-12-31 | CN¥292.84 Million ≈ $42.85 Million |
-33.27% |
| 2022-12-31 | CN¥438.81 Million ≈ $64.21 Million |
-26.44% |
| 2021-12-31 | CN¥596.56 Million ≈ $87.30 Million |
+0.28% |
| 2020-12-31 | CN¥594.89 Million ≈ $87.05 Million |
+2.09% |
| 2019-12-31 | CN¥582.69 Million ≈ $85.27 Million |
-7.46% |
| 2018-12-31 | CN¥629.63 Million ≈ $92.14 Million |
+116.36% |
| 2017-12-31 | CN¥291.02 Million ≈ $42.58 Million |
+27.03% |
| 2016-12-31 | CN¥229.09 Million ≈ $33.52 Million |
+37.77% |
| 2015-12-31 | CN¥166.29 Million ≈ $24.33 Million |
+37.44% |
| 2014-12-31 | CN¥120.99 Million ≈ $17.70 Million |
+119.82% |
| 2013-12-31 | CN¥55.04 Million ≈ $8.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Tianyong Engineering 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 decreased by 859.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥108.08 Million | 59.51% |
| Other Components | CN¥394.49 Million | 217.21% |
| Total Equity | CN¥181.62 Million | 100.00% |
Shanghai Tianyong Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Tianyong Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leenos Corp
KQ:039980
|
$453.43 Million |
|
Guangdong New Grand Long Packing Co Ltd
SHE:002836
|
$453.46 Million |
|
Yunnan Metropolitan Real Estate Development Co Ltd
SHG:600239
|
$453.48 Million |
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
$453.54 Million |
|
Inst Diagnosti
SN:INDISA
|
$453.40 Million |
|
EVS Broadcast Equipment SA
BR:EVS
|
$453.30 Million |
|
China Datang Corporation Renewable Power Co. Limited
F:DT7
|
$453.22 Million |
|
Dalian Zhiyun Automation Co Ltd
SHE:300097
|
$453.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Tianyong Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 363,314,097 to 181,618,068, a change of -181,696,029 (-50.0%).
- Net loss of 178,255,663 reduced equity.
- Dividend payments of 15,320,881 reduced retained earnings.
- Other comprehensive income increased equity by 809,633.
- Other factors increased equity by 11,070,882.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-178.26 Million | -98.15% |
| Dividends Paid | CN¥15.32 Million | -8.44% |
| Other Comprehensive Income | CN¥809.63K | +0.45% |
| Other Changes | CN¥11.07 Million | +6.1% |
| Total Change | CN¥- | -50.01% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Tianyong Engineering 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: 17.05x
- 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 42.27x to 17.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.68 | CN¥28.67 | x |
| 2014-12-31 | CN¥1.49 | CN¥28.67 | x |
| 2015-12-31 | CN¥2.06 | CN¥28.67 | x |
| 2016-12-31 | CN¥2.83 | CN¥28.67 | x |
| 2017-12-31 | CN¥3.60 | CN¥28.67 | x |
| 2018-12-31 | CN¥5.94 | CN¥28.67 | x |
| 2019-12-31 | CN¥5.40 | CN¥28.67 | x |
| 2020-12-31 | CN¥5.50 | CN¥28.67 | x |
| 2021-12-31 | CN¥5.55 | CN¥28.67 | x |
| 2022-12-31 | CN¥4.36 | CN¥28.67 | x |
| 2023-12-31 | CN¥3.35 | CN¥28.67 | x |
| 2024-12-31 | CN¥1.68 | CN¥28.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Tianyong Engineering 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): -98.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.98%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 6.49x
- Recent ROE (-98.15%) is below the historical average (4.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 85.42% | 22.04% | 0.54x | 7.24x | CN¥41.47 Million |
| 2014 | 39.09% | 19.86% | 0.52x | 3.80x | CN¥35.25 Million |
| 2015 | 36.29% | 20.51% | 0.53x | 3.32x | CN¥43.81 Million |
| 2016 | 27.46% | 16.54% | 0.68x | 2.45x | CN¥40.12 Million |
| 2017 | 21.26% | 14.63% | 0.61x | 2.36x | CN¥32.84 Million |
| 2018 | 5.73% | 7.14% | 0.46x | 1.75x | CN¥-26.93 Million |
| 2019 | -6.93% | -8.61% | 0.37x | 2.15x | CN¥-98.83 Million |
| 2020 | 2.05% | 2.41% | 0.41x | 2.10x | CN¥-47.29 Million |
| 2021 | 1.20% | 1.43% | 0.35x | 2.43x | CN¥-52.78 Million |
| 2022 | -26.78% | -21.85% | 0.34x | 3.59x | CN¥-173.49 Million |
| 2023 | -29.85% | -18.23% | 0.40x | 4.10x | CN¥-144.78 Million |
| 2024 | -98.15% | -37.98% | 0.40x | 6.49x | CN¥-196.42 Million |
Industry Comparison
This section compares Shanghai Tianyong Engineering 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: $2,122,638,577
- Average return on equity (ROE) among peers: 4.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Tianyong Engineering Co Ltd (603895) | CN¥104.70 Million | 85.42% | 9.71x | $453.43 Million |
| Huayi Compressor Co Ltd (000404) | $5.19 Billion | 6.97% | 1.68x | $843.29 Million |
| Shenyang Machine Tool Co Ltd (000410) | $709.50 Million | 6.14% | 1.68x | $2.39 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $7.53 Billion | 1.67% | 0.29x | $3.61 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $2.71 Billion | 4.79% | 0.50x | $520.37 Million |
| Changchai Co Ltd (000570) | $1.86 Billion | 2.98% | 0.67x | $522.04 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $315.25 Million | 5.68% | 1.39x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $436.15 Million | 1.59% | 1.56x | $1.06 Billion |
| SUFA Technology Industry Co Ltd CNNC (000777) | $969.93 Million | 5.96% | 0.61x | $1.11 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.11 Billion | 3.64% | 0.40x | $938.81 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $393.52 Million | 9.87% | 0.54x | $1.66 Billion |
About Shanghai Tianyong Engineering Co Ltd
Shanghai Tianyong Engineering Co., Ltd. engages in the research and development, design, production, assembly, and sale of intelligent automated production lines in China and internationally. It also supplies automation equipment, information system integration, intelligent automation equipment, new energy vehicle, intelligent welding, car intelligent equipment, lithium battery intelligence, and … Read more