Tianjin Port Development Holdings Limited
Tianjin Port Development Holdings Limited, an investment holding company, operates the port of Tianjin in the People's Republic of China. It operates through Cargo Handling, Sales, and Other Port Ancillary Services segments. The Cargo Handling segment provides container handling and non-containerized cargo handling services. The Sales segment is involved in the supply of fuel and sale of material… Read more
Tianjin Port Development Holdings Limited (TJIPY) - Net Assets
Latest net assets as of June 2025: $31.36 Billion USD
Based on the latest financial reports, Tianjin Port Development Holdings Limited (TJIPY) has net assets worth $31.36 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 ($41.84 Billion) and total liabilities ($10.48 Billion). 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 | $31.36 Billion |
| % of Total Assets | 74.95% |
| Annual Growth Rate | 2.95% |
| 5-Year Change | 5.48% |
| 10-Year Change | N/A |
| Growth Volatility | 4.17 |
Tianjin Port Development Holdings Limited - Net Assets Trend (2019–2024)
This chart illustrates how Tianjin Port Development Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tianjin Port Development Holdings Limited (2019–2024)
The table below shows the annual net assets of Tianjin Port Development Holdings Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $30.66 Billion | +1.23% |
| 2023-12-31 | $30.28 Billion | +2.12% |
| 2022-12-31 | $29.65 Billion | -2.87% |
| 2021-12-31 | $30.53 Billion | +5.04% |
| 2020-12-31 | $29.06 Billion | +9.66% |
| 2019-12-31 | $26.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Port Development 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 decreased by 0.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.66 Billion | 70.21% |
| Other Components | $4.10 Billion | 29.79% |
| Total Equity | $13.76 Billion | 100.00% |
Tianjin Port Development Holdings Limited Competitors by Market Cap
The table below lists competitors of Tianjin Port Development Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compania Nationala de Transport al Energiei Electrice Transelectrica SA
RO:TEL
|
$531.25 Million |
|
Stabilus S.A
PINK:SIUAF
|
$531.30 Million |
|
Trican Well Service Ltd.
PINK:TOLWF
|
$531.32 Million |
|
Shaanxi Yanchang Petroleum Chemical Engineering Co Ltd
SHG:600248
|
$531.33 Million |
|
COHANCE
NSE:COHANCE
|
$531.19 Million |
|
Vijaya Diagnostic Centre Limited
NSE:VIJAYA
|
$530.99 Million |
|
INVENTIVA ADS/1 O.N.
F:6IVA
|
$530.73 Million |
|
Delta Galil Industries Ltd
OTCGREY:DELTF
|
$530.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Port Development Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,610,148,000 to 13,755,821,000, a change of 145,673,000 (1.1%).
- Net income of 690,212,000 contributed positively to equity growth.
- Dividend payments of 291,290,000 reduced retained earnings.
- Other factors decreased equity by 253,249,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $690.21 Million | +5.02% |
| Dividends Paid | $291.29 Million | -2.12% |
| Other Changes | $-253.25 Million | -1.84% |
| Total Change | $- | 1.07% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Port Development 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: 2.59x
- 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 2.92x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.98 | $5.78 | x |
| 2020-12-31 | $2.19 | $5.78 | x |
| 2021-12-31 | $2.34 | $5.78 | x |
| 2022-12-31 | $2.15 | $5.78 | x |
| 2023-12-31 | $2.21 | $5.78 | x |
| 2024-12-31 | $2.23 | $5.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Port Development 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): 5.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.03%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.96x
- Recent ROE (5.02%) is above the historical average (4.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.19% | 2.58% | 0.34x | 3.68x | $-830.33 Million |
| 2020 | 4.72% | 4.11% | 0.33x | 3.53x | $-712.08 Million |
| 2021 | 6.39% | 5.31% | 0.38x | 3.21x | $-520.52 Million |
| 2022 | 2.61% | 2.65% | 0.31x | 3.19x | $-979.18 Million |
| 2023 | 5.35% | 5.40% | 0.33x | 2.98x | $-632.42 Million |
| 2024 | 5.02% | 5.03% | 0.34x | 2.96x | $-685.37 Million |
Industry Comparison
This section compares Tianjin Port Development Holdings Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Port Development Holdings Limited (TJIPY) | $31.36 Billion | 3.19% | 0.33x | $531.23 Million |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |