Tianjin Meiteng Technology Co. Ltd. A (688420) - Net Assets
Based on the latest financial reports, Tianjin Meiteng Technology Co. Ltd. A (688420) has net assets worth CN¥1.46 Billion CNY (≈ $213.45 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¥1.86 Billion ≈ $272.63 Million USD) and total liabilities (CN¥404.40 Million ≈ $59.18 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 688420 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.46 Billion |
| % of Total Assets | 78.29% |
| Annual Growth Rate | 43.68% |
| 5-Year Change | 322.15% |
| 10-Year Change | N/A |
| Growth Volatility | 124.28 |
Tianjin Meiteng Technology Co. Ltd. A - Net Assets Trend (2020–2025)
This chart illustrates how Tianjin Meiteng Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Tianjin Meiteng Technology Co. Ltd. A to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tianjin Meiteng Technology Co. Ltd. A (2020–2025)
The table below shows the annual net assets of Tianjin Meiteng Technology Co. Ltd. A from 2020 to 2025. For live valuation and market cap data, see Tianjin Meiteng Technology Co. Ltd. A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.46 Billion ≈ $212.94 Million |
-1.51% |
| 2024-12-31 | CN¥1.48 Billion ≈ $216.21 Million |
-0.81% |
| 2023-12-31 | CN¥1.49 Billion ≈ $217.97 Million |
+3.11% |
| 2022-12-31 | CN¥1.44 Billion ≈ $211.40 Million |
+319.10% |
| 2021-12-31 | CN¥344.70 Million ≈ $50.44 Million |
+45.00% |
| 2020-12-31 | CN¥237.73 Million ≈ $34.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tianjin Meiteng Technology 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 grown by 263.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥288.61 Million | 20.28% |
| Other Components | CN¥1.13 Billion | 79.72% |
| Total Equity | CN¥1.42 Billion | 100.00% |
Tianjin Meiteng Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Tianjin Meiteng Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hiron-Trade Investments & Industrial Buildings Ltd
TA:HRON
|
$292.22 Million |
|
Mikron Holding AG
SW:MIKN
|
$292.27 Million |
|
Colony Bankcorp Inc.
NASDAQ:CBAN
|
$292.30 Million |
|
Chongqing Sifang New Material Co. Ltd.
SHG:605122
|
$292.31 Million |
|
AerSale Corp
NASDAQ:ASLE
|
$292.02 Million |
|
Bank of Greece
AT:TELL
|
$292.01 Million |
|
MOLSON COORS CDA EXCH.B
F:65K
|
$291.93 Million |
|
Quad Graphics Inc
NYSE:QUAD
|
$291.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Meiteng Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,444,459,030 to 1,423,172,396, a change of -21,286,633 (-1.5%).
- Net loss of 5,945,460 reduced equity.
- Dividend payments of 12,685,193 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-5.95 Million | -0.42% |
| Dividends Paid | CN¥12.69 Million | -0.89% |
| Other Changes | CN¥-2.66 Million | -0.19% |
| Total Change | CN¥- | -1.47% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Meiteng Technology 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: 1.40x
- 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 6.30x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥3.58 | CN¥22.57 | x |
| 2021-12-31 | CN¥5.20 | CN¥22.57 | x |
| 2022-12-31 | CN¥16.34 | CN¥22.57 | x |
| 2023-12-31 | CN¥16.84 | CN¥22.57 | x |
| 2024-12-31 | CN¥16.33 | CN¥22.57 | x |
| 2025-12-31 | CN¥16.09 | CN¥22.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Meiteng Technology 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): -0.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.16%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.34x
- Recent ROE (-0.42%) is below the historical average (13.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 38.59% | 28.54% | 0.64x | 2.11x | CN¥67.97 Million |
| 2021 | 24.93% | 22.41% | 0.54x | 2.05x | CN¥51.47 Million |
| 2022 | 8.62% | 25.45% | 0.27x | 1.24x | CN¥-19.93 Million |
| 2023 | 4.98% | 13.02% | 0.31x | 1.22x | CN¥-74.72 Million |
| 2024 | 2.82% | 7.44% | 0.29x | 1.29x | CN¥-103.77 Million |
| 2025 | -0.42% | -1.16% | 0.27x | 1.34x | CN¥-148.26 Million |
Industry Comparison
This section compares Tianjin Meiteng Technology 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 |
|---|---|---|---|---|
| Tianjin Meiteng Technology Co. Ltd. A (688420) | CN¥1.46 Billion | 38.59% | 0.28x | $292.06 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 Tianjin Meiteng Technology Co. Ltd. A
Tianjin Meiteng Technology Co., Ltd engages in the research, development, design, manufacture, and sale of coal and mineral sorting equipment, intelligent systems and instrument, and other related intelligent management systems in China. The company offers Intelligent sorting and equipment products, such as intelligent dry separator, intelligent photoelectric sorter, intelligent ladder flow dry s… Read more