Shenzhen Tagen Group Co Ltd
Shenzhen Tagen Group Co., Ltd. primarily engages in the urban construction, comprehensive development, and urban service businesses in China. The company's urban construction business includes municipal roads, municipal pipe networks, bridges and tunnels, and other urban infrastructure; water environment, landscaping, street lights, highways, and other projects; industrial and civil construction … Read more
Shenzhen Tagen Group Co Ltd (000090) - Net Assets
Latest net assets as of September 2025: CN¥11.69 Billion CNY
Based on the latest financial reports, Shenzhen Tagen Group Co Ltd (000090) has net assets worth CN¥11.69 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¥63.35 Billion) and total liabilities (CN¥51.66 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¥11.69 Billion |
| % of Total Assets | 18.45% |
| Annual Growth Rate | 14.65% |
| 5-Year Change | 36.13% |
| 10-Year Change | 142.41% |
| Growth Volatility | 31.18 |
Shenzhen Tagen Group Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Shenzhen Tagen Group 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 Shenzhen Tagen Group Co Ltd (1996–2024)
The table below shows the annual net assets of Shenzhen Tagen Group Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥15.02 Billion | -0.53% |
| 2023-12-31 | CN¥15.10 Billion | +7.22% |
| 2022-12-31 | CN¥14.09 Billion | +9.84% |
| 2021-12-31 | CN¥12.83 Billion | +16.21% |
| 2020-12-31 | CN¥11.04 Billion | +14.25% |
| 2019-12-31 | CN¥9.66 Billion | +10.56% |
| 2018-12-31 | CN¥8.74 Billion | +32.62% |
| 2017-12-31 | CN¥6.59 Billion | +4.00% |
| 2016-12-31 | CN¥6.34 Billion | +2.22% |
| 2015-12-31 | CN¥6.20 Billion | +67.67% |
| 2014-12-31 | CN¥3.70 Billion | +9.66% |
| 2013-12-31 | CN¥3.37 Billion | +4.65% |
| 2012-12-31 | CN¥3.22 Billion | +4.93% |
| 2011-12-31 | CN¥3.07 Billion | -34.36% |
| 2010-12-31 | CN¥4.68 Billion | +77.39% |
| 2009-12-31 | CN¥2.64 Billion | +26.55% |
| 2008-12-31 | CN¥2.08 Billion | -34.08% |
| 2007-12-31 | CN¥3.16 Billion | +74.63% |
| 2006-12-31 | CN¥1.81 Billion | +47.51% |
| 2005-12-31 | CN¥1.23 Billion | +5.56% |
| 2004-12-31 | CN¥1.16 Billion | +1.91% |
| 2003-12-31 | CN¥1.14 Billion | +6.08% |
| 2002-12-31 | CN¥1.08 Billion | +3.37% |
| 2001-12-31 | CN¥1.04 Billion | +4.56% |
| 2000-12-31 | CN¥994.69 Million | +6.80% |
| 1999-12-31 | CN¥931.40 Million | +111.58% |
| 1998-12-31 | CN¥440.21 Million | +8.79% |
| 1997-12-31 | CN¥404.64 Million | +23.71% |
| 1996-12-31 | CN¥327.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Tagen Group 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 grown by 14982.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.76 Billion | 46.31% |
| Common Stock | CN¥1.87 Billion | 12.81% |
| Other Components | CN¥5.96 Billion | 40.88% |
| Total Equity | CN¥14.59 Billion | 100.00% |
Shenzhen Tagen Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Tagen Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GuangZhou BaiYun Elec Equip Co
SHG:603861
|
$604.09 Million |
|
Pfeiffer Vacuum Technology AG
PINK:PFFVF
|
$604.24 Million |
|
Ramaco Resources Inc
NASDAQ:METC
|
$604.28 Million |
|
ULS Group Inc
OTCGREY:ULPRF
|
$604.34 Million |
|
AP (Thailand) Public Company Limited
BK:AP
|
$603.86 Million |
|
Silicon Integrated Systems Corp
TW:2363
|
$603.45 Million |
|
Jiangxi Firstar Panel Technology Co Ltd
SHE:300256
|
$603.30 Million |
|
Global Power Synergy PCL
BK:GPSC
|
$603.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Tagen Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,576,102,777 to 14,589,498,000, a change of 13,395,223 (0.1%).
- Net income of 620,571,968 contributed positively to equity growth.
- Dividend payments of 1,161,763,854 reduced retained earnings.
- Share repurchases of 2,500,000,000 reduced equity.
- Other factors increased equity by 3,054,587,109.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥620.57 Million | +4.25% |
| Dividends Paid | CN¥1.16 Billion | -7.96% |
| Share Repurchases | CN¥2.50 Billion | -17.14% |
| Other Changes | CN¥3.05 Billion | +20.94% |
| Total Change | CN¥- | 0.09% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Tagen Group 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: 0.51x
- 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 14.78x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.27 | CN¥3.98 | x |
| 1997-12-31 | CN¥0.33 | CN¥3.98 | x |
| 1998-12-31 | CN¥0.36 | CN¥3.98 | x |
| 1999-12-31 | CN¥0.76 | CN¥3.98 | x |
| 2000-12-31 | CN¥0.81 | CN¥3.98 | x |
| 2001-12-31 | CN¥0.85 | CN¥3.98 | x |
| 2002-12-31 | CN¥0.89 | CN¥3.98 | x |
| 2003-12-31 | CN¥0.94 | CN¥3.98 | x |
| 2004-12-31 | CN¥0.96 | CN¥3.98 | x |
| 2005-12-31 | CN¥1.02 | CN¥3.98 | x |
| 2006-12-31 | CN¥1.95 | CN¥3.98 | x |
| 2007-12-31 | CN¥2.62 | CN¥3.98 | x |
| 2008-12-31 | CN¥1.73 | CN¥3.98 | x |
| 2009-12-31 | CN¥2.19 | CN¥3.98 | x |
| 2010-12-31 | CN¥3.83 | CN¥3.98 | x |
| 2011-12-31 | CN¥2.54 | CN¥3.98 | x |
| 2012-12-31 | CN¥2.67 | CN¥3.98 | x |
| 2013-12-31 | CN¥2.77 | CN¥3.98 | x |
| 2014-12-31 | CN¥3.04 | CN¥3.98 | x |
| 2015-12-31 | CN¥5.13 | CN¥3.98 | x |
| 2016-12-31 | CN¥3.34 | CN¥3.98 | x |
| 2017-12-31 | CN¥3.51 | CN¥3.98 | x |
| 2018-12-31 | CN¥4.65 | CN¥3.98 | x |
| 2019-12-31 | CN¥4.69 | CN¥3.98 | x |
| 2020-12-31 | CN¥5.44 | CN¥3.98 | x |
| 2021-12-31 | CN¥6.80 | CN¥3.98 | x |
| 2022-12-31 | CN¥7.34 | CN¥3.98 | x |
| 2023-12-31 | CN¥7.11 | CN¥3.98 | x |
| 2024-12-31 | CN¥7.81 | CN¥3.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Tagen Group 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): 4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.91%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 4.38x
- Recent ROE (4.25%) is below the historical average (8.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 21.40% | 14.00% | 0.38x | 4.00x | CN¥37.04 Million |
| 1997 | 18.80% | 11.89% | 0.47x | 3.35x | CN¥35.43 Million |
| 1998 | 18.68% | 8.94% | 0.62x | 3.39x | CN¥37.48 Million |
| 1999 | 11.42% | 7.69% | 0.54x | 2.76x | CN¥12.92 Million |
| 2000 | 9.95% | 6.28% | 0.51x | 3.08x | CN¥-478.94K |
| 2001 | 9.10% | 6.39% | 0.47x | 3.04x | CN¥-9.19 Million |
| 2002 | 6.42% | 4.44% | 0.56x | 2.57x | CN¥-38.26 Million |
| 2003 | 4.72% | 3.33% | 0.64x | 2.21x | CN¥-60.12 Million |
| 2004 | 3.72% | 2.59% | 0.61x | 2.33x | CN¥-73.05 Million |
| 2005 | 5.59% | 3.76% | 0.59x | 2.51x | CN¥-54.08 Million |
| 2006 | 6.18% | 5.68% | 0.50x | 2.19x | CN¥-69.08 Million |
| 2007 | 5.48% | 6.11% | 0.42x | 2.14x | CN¥-142.76 Million |
| 2008 | -5.51% | -4.03% | 0.53x | 2.59x | CN¥-323.13 Million |
| 2009 | 2.19% | 2.16% | 0.45x | 2.23x | CN¥-205.95 Million |
| 2010 | 2.37% | 3.12% | 0.35x | 2.17x | CN¥-356.92 Million |
| 2011 | 6.62% | 5.73% | 0.47x | 2.44x | CN¥-103.76 Million |
| 2012 | 7.77% | 8.12% | 0.36x | 2.66x | CN¥-71.99 Million |
| 2013 | 11.26% | 8.38% | 0.46x | 2.91x | CN¥42.33 Million |
| 2014 | 11.43% | 7.95% | 0.48x | 2.99x | CN¥52.81 Million |
| 2015 | 6.37% | 6.22% | 0.38x | 2.69x | CN¥-223.40 Million |
| 2016 | 7.10% | 7.19% | 0.32x | 3.07x | CN¥-182.47 Million |
| 2017 | 9.20% | 8.91% | 0.26x | 3.94x | CN¥-52.46 Million |
| 2018 | 8.99% | 7.66% | 0.32x | 3.65x | CN¥-88.03 Million |
| 2019 | 12.89% | 8.43% | 0.36x | 4.20x | CN¥277.10 Million |
| 2020 | 13.56% | 8.68% | 0.35x | 4.47x | CN¥390.55 Million |
| 2021 | 15.22% | 8.31% | 0.39x | 4.71x | CN¥662.82 Million |
| 2022 | 14.23% | 7.38% | 0.38x | 5.05x | CN¥580.42 Million |
| 2023 | 10.41% | 5.62% | 0.39x | 4.77x | CN¥59.40 Million |
| 2024 | 4.25% | 2.91% | 0.33x | 4.38x | CN¥-838.38 Million |
Industry Comparison
This section compares Shenzhen Tagen Group Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,536,054,764
- Average return on equity (ROE) among peers: 4.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Tagen Group Co Ltd (000090) | CN¥11.69 Billion | 21.40% | 4.42x | $603.95 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $58.96 Million | 11.62% | 0.85x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $301.27 Million | 5.87% | 1.48x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $356.94 Million | 7.11% | 1.68x | $959.60 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $-659.23 Million | 0.00% | 0.00x | $601.09 Million |
| Jinyuan Cement Co Ltd (000546) | $6.14 Billion | 1.41% | 0.76x | $316.61 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $469.30 Million | 10.46% | 1.03x | $1.22 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $3.84 Billion | 6.00% | 0.43x | $301.44 Million |
| Hainan Expressway Co Ltd (000886) | $2.23 Billion | 0.70% | 1.35x | $595.13 Million |
| Sinosteel Engineering and Technology Co Ltd (000928) | $1.09 Billion | -2.07% | 1.62x | $707.52 Million |