Tianma Microelectronics Co Ltd
Tianma Microelectronics Co., Ltd. designs, manufactures, and supplies display solutions and related support services worldwide. It offers professional displays, including industrial displays and monochromes; automotive displays, such as cluster, mirror, head up, landscape and portrait center information displays, smart car cockpit, and rear seat entertainment; and IT displays for tablet PC and ul… Read more
Tianma Microelectronics Co Ltd (000050) - Net Assets
Latest net assets as of September 2025: CN¥29.77 Billion CNY
Based on the latest financial reports, Tianma Microelectronics Co Ltd (000050) has net assets worth CN¥29.77 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¥77.26 Billion) and total liabilities (CN¥47.49 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 | CN¥29.77 Billion |
| % of Total Assets | 38.54% |
| Annual Growth Rate | 22.71% |
| 5-Year Change | -13.09% |
| 10-Year Change | 120.2% |
| Growth Volatility | 50.94 |
Tianma Microelectronics Co Ltd - Net Assets Trend (1991–2024)
This chart illustrates how Tianma Microelectronics 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 Tianma Microelectronics Co Ltd (1991–2024)
The table below shows the annual net assets of Tianma Microelectronics Co Ltd from 1991 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥29.17 Billion | +0.62% |
| 2023-12-31 | CN¥28.99 Billion | -4.19% |
| 2022-12-31 | CN¥30.26 Billion | -13.22% |
| 2021-12-31 | CN¥34.87 Billion | +3.89% |
| 2020-12-31 | CN¥33.57 Billion | +25.69% |
| 2019-12-31 | CN¥26.71 Billion | +2.70% |
| 2018-12-31 | CN¥26.00 Billion | +23.87% |
| 2017-12-31 | CN¥20.99 Billion | +52.58% |
| 2016-12-31 | CN¥13.76 Billion | +3.85% |
| 2015-12-31 | CN¥13.25 Billion | +54.75% |
| 2014-12-31 | CN¥8.56 Billion | +160.55% |
| 2013-12-31 | CN¥3.29 Billion | +7.51% |
| 2012-12-31 | CN¥3.06 Billion | +4.70% |
| 2011-12-31 | CN¥2.92 Billion | +17.19% |
| 2010-12-31 | CN¥2.49 Billion | +18.68% |
| 2009-12-31 | CN¥2.10 Billion | +5.11% |
| 2008-12-31 | CN¥2.00 Billion | -12.30% |
| 2007-12-31 | CN¥2.28 Billion | +162.38% |
| 2006-12-31 | CN¥867.67 Million | +10.06% |
| 2005-12-31 | CN¥788.34 Million | +4.64% |
| 2004-12-31 | CN¥753.36 Million | +6.81% |
| 2003-12-31 | CN¥705.30 Million | +7.80% |
| 2002-12-31 | CN¥654.28 Million | -6.38% |
| 2001-12-31 | CN¥698.86 Million | +102.09% |
| 2000-12-31 | CN¥345.81 Million | +2.87% |
| 1999-12-31 | CN¥336.16 Million | +0.96% |
| 1998-12-31 | CN¥332.97 Million | +71.24% |
| 1997-12-31 | CN¥194.44 Million | +16.78% |
| 1996-12-31 | CN¥166.50 Million | +12.51% |
| 1995-12-31 | CN¥147.99 Million | +21.22% |
| 1994-12-31 | CN¥122.09 Million | -- |
| 1993-12-31 | CN¥0.00 | -- |
| 1992-12-31 | CN¥76.51 Million | +124.96% |
| 1991-12-31 | CN¥34.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianma Microelectronics 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 154199732948.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥2.46 Billion | 9.02% |
| Other Comprehensive Income | CN¥24.49 Million | 0.09% |
| Other Components | CN¥26.31 Billion | 96.55% |
| Total Equity | CN¥27.25 Billion | 100.00% |
Tianma Microelectronics Co Ltd Competitors by Market Cap
The table below lists competitors of Tianma Microelectronics Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Griffin-American Healthcare REIT III Inc
PINK:GRAH
|
$1.46 Billion |
|
EZCORP Inc
NASDAQ:EZPW
|
$1.46 Billion |
|
Uniti Group Inc
NASDAQ:UNIT
|
$1.46 Billion |
|
Gentera S.A.B. de C.V
OTCGREY:CMPRF
|
$1.46 Billion |
|
Dalrymple Bay Infrastructure Ltd
AU:DBI
|
$1.46 Billion |
|
Primaris Retail R.E. Invest. Tr. Units
TO:PMZ-UN
|
$1.45 Billion |
|
Motor Oil (Hellas) Corinth Refineries S.A
PINK:MOHCF
|
$1.45 Billion |
|
BGI Genomics Co Ltd
SHE:300676
|
$1.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianma Microelectronics Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,959,556,739 to 27,251,327,000, a change of -708,229,739 (-2.5%).
- Net loss of 668,579,175 reduced equity.
- Dividend payments of 1,047,929,000 reduced retained earnings.
- Other comprehensive income decreased equity by 36,239,817.
- Other factors increased equity by 1,044,518,253.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-668.58 Million | -2.45% |
| Dividends Paid | CN¥1.05 Billion | -3.85% |
| Other Comprehensive Income | CN¥-36.24 Million | -0.13% |
| Other Changes | CN¥1.04 Billion | +3.83% |
| Total Change | CN¥- | -2.53% |
Book Value vs Market Value Analysis
This analysis compares Tianma Microelectronics 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: 0.79x
- 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.
- The price-to-book ratio has decreased from 134.02x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | CN¥0.07 | CN¥8.74 | x |
| 1992-12-31 | CN¥0.15 | CN¥8.74 | x |
| 1993-12-31 | CN¥0.21 | CN¥8.74 | x |
| 1994-12-31 | CN¥0.23 | CN¥8.74 | x |
| 1995-12-31 | CN¥0.28 | CN¥8.74 | x |
| 1996-12-31 | CN¥0.32 | CN¥8.74 | x |
| 1997-12-31 | CN¥0.37 | CN¥8.74 | x |
| 1998-12-31 | CN¥0.64 | CN¥8.74 | x |
| 1999-12-31 | CN¥0.64 | CN¥8.74 | x |
| 2000-12-31 | CN¥0.66 | CN¥8.74 | x |
| 2001-12-31 | CN¥1.34 | CN¥8.74 | x |
| 2002-12-31 | CN¥1.25 | CN¥8.74 | x |
| 2003-12-31 | CN¥1.35 | CN¥8.74 | x |
| 2004-12-31 | CN¥1.44 | CN¥8.74 | x |
| 2005-12-31 | CN¥1.50 | CN¥8.74 | x |
| 2006-12-31 | CN¥1.71 | CN¥8.74 | x |
| 2007-12-31 | CN¥4.48 | CN¥8.74 | x |
| 2008-12-31 | CN¥2.35 | CN¥8.74 | x |
| 2009-12-31 | CN¥1.99 | CN¥8.74 | x |
| 2010-12-31 | CN¥2.12 | CN¥8.74 | x |
| 2011-12-31 | CN¥2.30 | CN¥8.74 | x |
| 2012-12-31 | CN¥2.39 | CN¥8.74 | x |
| 2013-12-31 | CN¥2.03 | CN¥8.74 | x |
| 2014-12-31 | CN¥9.46 | CN¥8.74 | x |
| 2015-12-31 | CN¥11.71 | CN¥8.74 | x |
| 2016-12-31 | CN¥9.82 | CN¥8.74 | x |
| 2017-12-31 | CN¥8.93 | CN¥8.74 | x |
| 2018-12-31 | CN¥12.92 | CN¥8.74 | x |
| 2019-12-31 | CN¥13.04 | CN¥8.74 | x |
| 2020-12-31 | CN¥15.36 | CN¥8.74 | x |
| 2021-12-31 | CN¥14.19 | CN¥8.74 | x |
| 2022-12-31 | CN¥12.23 | CN¥8.74 | x |
| 2023-12-31 | CN¥11.38 | CN¥8.74 | x |
| 2024-12-31 | CN¥11.09 | CN¥8.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianma Microelectronics 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): -2.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.00%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 2.98x
- Recent ROE (-2.45%) is below the historical average (8.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 15.70% | 9.01% | 0.61x | 2.88x | CN¥1.94 Million |
| 1992 | 25.73% | 17.75% | 0.50x | 2.89x | CN¥12.03 Million |
| 1993 | 25.69% | 20.62% | 0.47x | 2.67x | CN¥16.96 Million |
| 1994 | 23.86% | 16.92% | 0.57x | 2.46x | CN¥16.92 Million |
| 1995 | 18.39% | 18.11% | 0.41x | 2.49x | CN¥12.41 Million |
| 1996 | 10.57% | 11.45% | 0.40x | 2.33x | CN¥951.26K |
| 1997 | 23.77% | 21.10% | 0.53x | 2.14x | CN¥26.77 Million |
| 1998 | 9.11% | 17.60% | 0.37x | 1.42x | CN¥-2.97 Million |
| 1999 | 6.55% | 8.18% | 0.52x | 1.55x | CN¥-11.61 Million |
| 2000 | 9.40% | 10.24% | 0.52x | 1.76x | CN¥-2.06 Million |
| 2001 | 2.39% | 5.98% | 0.33x | 1.23x | CN¥-53.21 Million |
| 2002 | -4.43% | -8.91% | 0.32x | 1.56x | CN¥-94.43 Million |
| 2003 | 6.47% | 7.18% | 0.55x | 1.65x | CN¥-24.88 Million |
| 2004 | 12.40% | 8.72% | 0.71x | 2.00x | CN¥18.06 Million |
| 2005 | 7.09% | 5.03% | 0.83x | 1.70x | CN¥-22.76 Million |
| 2006 | 10.91% | 6.21% | 0.97x | 1.80x | CN¥7.81 Million |
| 2007 | 5.80% | 5.24% | 0.37x | 3.00x | CN¥-65.40 Million |
| 2008 | 0.69% | 0.68% | 0.27x | 3.72x | CN¥-125.74 Million |
| 2009 | -17.96% | -9.39% | 0.34x | 5.65x | CN¥-320.16 Million |
| 2010 | 5.79% | 2.04% | 0.43x | 6.56x | CN¥-51.12 Million |
| 2011 | 7.67% | 2.19% | 0.57x | 6.10x | CN¥-30.76 Million |
| 2012 | 3.96% | 1.26% | 0.56x | 5.68x | CN¥-82.88 Million |
| 2013 | 44.26% | 7.87% | 1.05x | 5.37x | CN¥509.10 Million |
| 2014 | 7.52% | 6.57% | 0.59x | 1.93x | CN¥-202.07 Million |
| 2015 | 4.19% | 5.27% | 0.49x | 1.63x | CN¥-770.16 Million |
| 2016 | 4.14% | 5.30% | 0.50x | 1.58x | CN¥-806.72 Million |
| 2017 | 7.54% | 4.58% | 0.66x | 2.50x | CN¥-356.37 Million |
| 2018 | 3.56% | 3.20% | 0.48x | 2.31x | CN¥-1.67 Billion |
| 2019 | 3.11% | 2.74% | 0.46x | 2.45x | CN¥-1.84 Billion |
| 2020 | 4.39% | 5.04% | 0.40x | 2.19x | CN¥-1.88 Billion |
| 2021 | -0.10% | -0.10% | 0.42x | 2.31x | CN¥-3.52 Billion |
| 2022 | 0.37% | 0.36% | 0.39x | 2.69x | CN¥-2.89 Billion |
| 2023 | -7.50% | -6.50% | 0.39x | 2.93x | CN¥-4.89 Billion |
| 2024 | -2.45% | -2.00% | 0.41x | 2.98x | CN¥-3.39 Billion |
Industry Comparison
This section compares Tianma Microelectronics Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $1,214,478,814
- Average return on equity (ROE) among peers: 19.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianma Microelectronics Co Ltd (000050) | CN¥29.77 Billion | 15.70% | 1.59x | $1.46 Billion |
| Konka Group Co Ltd (000016) | $803.11 Million | 33.00% | 2.14x | $834.83 Million |
| Guangdong Goworld Co Ltd (000823) | $189.06 Million | 29.67% | 0.83x | $782.76 Million |
| Soyea Technology Co Ltd (000909) | $619.17 Million | 3.70% | 3.31x | $199.78 Million |
| Guangdong AVCiT Tech Hldg Co (001229) | $332.60 Million | 29.11% | 0.18x | $166.04 Million |
| Emdoor Information Co. Ltd. A (001314) | $183.39 Million | 3.34% | 1.39x | $345.23 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $2.26 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $119.38 Million | 29.15% | 0.90x | $150.39 Million |
| Goertek Inc (002241) | $1.71 Billion | 16.17% | 0.92x | $7.92 Billion |
| Edifier Technology Co Ltd (002351) | $2.23 Billion | 14.12% | 0.20x | $640.66 Million |