China Tian Lun Gas Holdings Limited (TLJ) - Net Assets

Latest as of June 2025: €6.27 Billion EUR ≈ $7.33 Billion USD

Based on the latest financial reports, China Tian Lun Gas Holdings Limited (TLJ) has net assets worth €6.27 Billion EUR (≈ $7.33 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€16.19 Billion ≈ $18.93 Billion USD) and total liabilities (€9.92 Billion ≈ $11.60 Billion 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 how resilient are China Tian Lun Gas Holdings Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€6.27 Billion
% of Total Assets	38.73%
Annual Growth Rate	17.22%
5-Year Change	25.75%
10-Year Change	125.08%
Growth Volatility	23.87

China Tian Lun Gas Holdings Limited - Net Assets Trend (2013–2024)

This chart illustrates how China Tian Lun Gas Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore China Tian Lun Gas Holdings Limited balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for China Tian Lun Gas Holdings Limited (2013–2024)

The table below shows the annual net assets of China Tian Lun Gas Holdings Limited from 2013 to 2024. For live valuation and market cap data, see China Tian Lun Gas Holdings Limited stock valuation.

Year	Net Assets	Change
2024-12-31	€6.26 Billion ≈ $7.32 Billion	+2.47%
2023-12-31	€6.11 Billion ≈ $7.15 Billion	+4.97%
2022-12-31	€5.82 Billion ≈ $6.81 Billion	+5.32%
2021-12-31	€5.53 Billion ≈ $6.46 Billion	+11.01%
2020-12-31	€4.98 Billion ≈ $5.82 Billion	+18.94%
2019-12-31	€4.19 Billion ≈ $4.90 Billion	+18.16%
2018-12-31	€3.54 Billion ≈ $4.14 Billion	+13.66%
2017-12-31	€3.12 Billion ≈ $3.65 Billion	+13.30%
2016-12-31	€2.75 Billion ≈ $3.22 Billion	-1.10%
2015-12-31	€2.78 Billion ≈ $3.25 Billion	+88.38%
2014-12-31	€1.48 Billion ≈ $1.73 Billion	+35.37%
2013-12-31	€1.09 Billion ≈ $1.28 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to China Tian Lun Gas Holdings Limited'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 922.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	€4.87 Billion	81.93%
Other Components	€1.07 Billion	18.07%
Total Equity	€5.94 Billion	100.00%

China Tian Lun Gas Holdings Limited Competitors by Market Cap

The table below lists competitors of China Tian Lun Gas Holdings Limited ranked by their market capitalization.

Company	Market Cap
Raymond Limited NSE:RAYMOND	$335.25 Million
Putnam Premier Income Trust NYSE:PPT	$335.44 Million
Nanning Sugar Industry Co Ltd SHE:000911	$335.66 Million
Astarta Holding N.V. WAR:AST	$335.72 Million
Viemed Healthcare Inc NASDAQ:VMD	$335.11 Million
LUBAWA SA WAR:LBW	$334.99 Million
Fastighets AB Trianon (publ) ST:TRIAN-B	$334.81 Million
SEONGAN CO. Ltd KO:011300	$334.81 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Tian Lun Gas Holdings Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 5,799,673,000 to 5,944,273,000, a change of 144,600,000 (2.5%).
Net income of 300,994,000 contributed positively to equity growth.
Dividend payments of 169,822,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€300.99 Million	+5.06%
Dividends Paid	€169.82 Million	-2.86%
Other Changes	€13.43 Million	+0.23%
Total Change	€-	2.49%

Book Value vs Market Value Analysis

This analysis compares China Tian Lun Gas Holdings Limited'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: 0.05x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€2.81	€0.30	x
2018-12-31	€3.28	€0.30	x
2019-12-31	€3.89	€0.30	x
2020-12-31	€4.68	€0.30	x
2021-12-31	€5.37	€0.30	x
2022-12-31	€5.68	€0.30	x
2023-12-31	€5.98	€0.30	x
2024-12-31	€6.13	€0.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Tian Lun Gas Holdings Limited 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): 5.06%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.87%
• Asset Turnover: 0.49x
• Equity Multiplier: 2.68x
Recent ROE (5.06%) is below the historical average (14.81%), 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	18.36%	18.53%	0.35x	2.85x	€76.95 Million
2014	19.21%	16.38%	0.36x	3.26x	€105.56 Million
2015	12.10%	12.62%	0.34x	2.84x	€49.41 Million
2016	12.89%	11.64%	0.35x	3.14x	€70.26 Million
2017	14.55%	13.00%	0.37x	3.05x	€126.41 Million
2018	17.51%	11.13%	0.45x	3.52x	€244.16 Million
2019	20.28%	12.05%	0.55x	3.07x	€400.10 Million
2020	22.21%	16.20%	0.50x	2.75x	€573.59 Million
2021	19.18%	13.08%	0.51x	2.89x	€478.85 Million
2022	8.07%	5.89%	0.47x	2.90x	€-106.20 Million
2023	8.27%	6.21%	0.49x	2.71x	€-100.41 Million
2024	5.06%	3.87%	0.49x	2.68x	€-293.43 Million

Industry Comparison

This section compares China Tian Lun Gas Holdings Limited's net assets metrics with peer companies in the Utilities - Regulated Gas industry.

Industry Context

Industry: Utilities - Regulated Gas
Average net assets among peers: $13,823,464,788
Average return on equity (ROE) among peers: 6.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Tian Lun Gas Holdings Limited (TLJ)	€6.27 Billion	18.36%	1.58x	$335.16 Million
SHANGH.DAZ.PUBL.UTIL.YC 1 (6WL)	$10.04 Billion	2.32%	1.29x	$210.87 Million
AB AMBER GRID EO 029 (AMH)	$166.28 Million	0.82%	0.95x	$210.36 Million
Chinese People Holdings Company Limited (KEH)	$2.94 Billion	5.71%	0.22x	$20.89 Million
ENN Energy Holdings Limited (XGH)	$42.15 Billion	18.40%	1.37x	$8.52 Billion

About China Tian Lun Gas Holdings Limited

F:TLJ Germany Utilities - Regulated Gas

Market Cap

$342.15 Million

€292.66 Million EUR

Market Cap Rank

#14494 Global

#1431 in Germany

Share Price

€0.30

Change (1 day)

+0.67%

52-Week Range

€0.25 - €0.55

All Time High

€0.55