Tianjin Economic-technological Development Area Co Ltd
Tianjin TEDA Resources Recycling Group Co., Ltd. engages in ecological environmental protection, regional development, energy trade wholesale, real estate and textile sale, and other industrial fields in China. It also engages in domestic waste incineration power generation and sanitary landfill, straw incineration power generation, and coordinated disposal of food waste sludge. The company also … Read more
Tianjin Economic-technological Development Area Co Ltd (000652) - Net Assets
Latest net assets as of September 2025: CN¥6.35 Billion CNY
Based on the latest financial reports, Tianjin Economic-technological Development Area Co Ltd (000652) has net assets worth CN¥6.35 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¥41.97 Billion) and total liabilities (CN¥35.63 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¥6.35 Billion |
| % of Total Assets | 15.12% |
| Annual Growth Rate | 13.57% |
| 5-Year Change | 6.44% |
| 10-Year Change | 64.66% |
| Growth Volatility | 21.02 |
Tianjin Economic-technological Development Area Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how Tianjin Economic-technological Development Area 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 Tianjin Economic-technological Development Area Co Ltd (1995–2024)
The table below shows the annual net assets of Tianjin Economic-technological Development Area Co Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.42 Billion | -2.83% |
| 2023-12-31 | CN¥6.61 Billion | +0.49% |
| 2022-12-31 | CN¥6.58 Billion | +2.61% |
| 2021-12-31 | CN¥6.41 Billion | +6.23% |
| 2020-12-31 | CN¥6.03 Billion | +0.98% |
| 2019-12-31 | CN¥5.98 Billion | +15.85% |
| 2018-12-31 | CN¥5.16 Billion | +6.61% |
| 2017-12-31 | CN¥4.84 Billion | +11.63% |
| 2016-12-31 | CN¥4.33 Billion | +11.12% |
| 2015-12-31 | CN¥3.90 Billion | +12.92% |
| 2014-12-31 | CN¥3.45 Billion | +12.46% |
| 2013-12-31 | CN¥3.07 Billion | +10.22% |
| 2012-12-31 | CN¥2.79 Billion | +2.09% |
| 2011-12-31 | CN¥2.73 Billion | -11.00% |
| 2010-12-31 | CN¥3.07 Billion | +7.51% |
| 2009-12-31 | CN¥2.85 Billion | +14.55% |
| 2008-12-31 | CN¥2.49 Billion | +0.98% |
| 2007-12-31 | CN¥2.47 Billion | +28.04% |
| 2006-12-31 | CN¥1.93 Billion | +15.27% |
| 2005-12-31 | CN¥1.67 Billion | +3.63% |
| 2004-12-31 | CN¥1.61 Billion | +4.34% |
| 2003-12-31 | CN¥1.55 Billion | +9.14% |
| 2002-12-31 | CN¥1.42 Billion | +7.74% |
| 2001-12-31 | CN¥1.31 Billion | +96.26% |
| 2000-12-31 | CN¥669.63 Million | +17.08% |
| 1999-12-31 | CN¥571.94 Million | +43.03% |
| 1998-12-31 | CN¥399.87 Million | +49.65% |
| 1997-12-31 | CN¥267.20 Million | +53.66% |
| 1996-12-31 | CN¥173.89 Million | +8.51% |
| 1995-12-31 | CN¥160.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Economic-technological Development Area 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 2100147.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.90 Billion | 50.56% |
| Common Stock | CN¥1.48 Billion | 25.73% |
| Other Comprehensive Income | CN¥1.35 Billion | 23.58% |
| Other Components | CN¥7.82 Million | 0.14% |
| Total Equity | CN¥5.74 Billion | 100.00% |
Tianjin Economic-technological Development Area Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Economic-technological Development Area Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
5R02
F:5R02
|
$545.09 Million |
|
MA Financial Group Ltd
AU:MAF
|
$545.18 Million |
|
ZhuZhou QianJin Pharmaceutical Co Ltd
SHG:600479
|
$545.18 Million |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
$545.21 Million |
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
$544.84 Million |
|
Bright Real Estate Group Co Ltd
SHG:600708
|
$544.82 Million |
|
Norbit ASA
OL:NORBT
|
$544.81 Million |
|
Ã
landsbanken Abp
LSE:0O2M
|
$544.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Economic-technological Development Area Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,665,334,622 to 5,735,527,000, a change of 70,192,378 (1.2%).
- Net income of 114,109,814 contributed positively to equity growth.
- Dividend payments of 1,258,691,835 reduced retained earnings.
- Other comprehensive income increased equity by 40,162,326.
- Other factors increased equity by 1,174,612,073.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.11 Million | +1.99% |
| Dividends Paid | CN¥1.26 Billion | -21.95% |
| Other Comprehensive Income | CN¥40.16 Million | +0.7% |
| Other Changes | CN¥1.17 Billion | +20.48% |
| Total Change | CN¥- | 1.24% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Economic-technological Development Area 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: 1.04x
- 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 54.73x to 1.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.07 | CN¥4.06 | x |
| 1996-12-31 | CN¥0.08 | CN¥4.06 | x |
| 1997-12-31 | CN¥0.12 | CN¥4.06 | x |
| 1998-12-31 | CN¥0.18 | CN¥4.06 | x |
| 1999-12-31 | CN¥0.26 | CN¥4.06 | x |
| 2000-12-31 | CN¥0.31 | CN¥4.06 | x |
| 2001-12-31 | CN¥0.61 | CN¥4.06 | x |
| 2002-12-31 | CN¥0.65 | CN¥4.06 | x |
| 2003-12-31 | CN¥0.69 | CN¥4.06 | x |
| 2004-12-31 | CN¥0.74 | CN¥4.06 | x |
| 2005-12-31 | CN¥0.77 | CN¥4.06 | x |
| 2006-12-31 | CN¥1.13 | CN¥4.06 | x |
| 2007-12-31 | CN¥1.94 | CN¥4.06 | x |
| 2008-12-31 | CN¥1.36 | CN¥4.06 | x |
| 2009-12-31 | CN¥1.48 | CN¥4.06 | x |
| 2010-12-31 | CN¥1.59 | CN¥4.06 | x |
| 2011-12-31 | CN¥1.46 | CN¥4.06 | x |
| 2012-12-31 | CN¥1.35 | CN¥4.06 | x |
| 2013-12-31 | CN¥1.44 | CN¥4.06 | x |
| 2014-12-31 | CN¥1.60 | CN¥4.06 | x |
| 2015-12-31 | CN¥2.12 | CN¥4.06 | x |
| 2016-12-31 | CN¥2.39 | CN¥4.06 | x |
| 2017-12-31 | CN¥2.56 | CN¥4.06 | x |
| 2018-12-31 | CN¥2.72 | CN¥4.06 | x |
| 2019-12-31 | CN¥3.26 | CN¥4.06 | x |
| 2020-12-31 | CN¥3.36 | CN¥4.06 | x |
| 2021-12-31 | CN¥3.62 | CN¥4.06 | x |
| 2022-12-31 | CN¥3.73 | CN¥4.06 | x |
| 2023-12-31 | CN¥3.84 | CN¥4.06 | x |
| 2024-12-31 | CN¥3.89 | CN¥4.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Economic-technological Development Area 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): 1.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.60%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 7.91x
- Recent ROE (1.99%) is below the historical average (9.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 5.98% | 5.51% | 0.53x | 2.06x | CN¥-6.33 Million |
| 1996 | 7.45% | 13.66% | 0.29x | 1.89x | CN¥-4.36 Million |
| 1997 | 28.68% | 47.59% | 0.18x | 3.40x | CN¥46.50 Million |
| 1998 | 34.87% | 62.30% | 0.33x | 1.68x | CN¥95.13 Million |
| 1999 | 30.15% | 76.87% | 0.29x | 1.34x | CN¥111.75 Million |
| 2000 | 21.49% | 36.68% | 0.30x | 1.97x | CN¥74.96 Million |
| 2001 | 9.22% | 31.95% | 0.15x | 1.98x | CN¥-10.13 Million |
| 2002 | 7.13% | 25.44% | 0.15x | 1.88x | CN¥-39.67 Million |
| 2003 | 6.39% | 20.87% | 0.08x | 3.86x | CN¥-52.81 Million |
| 2004 | 6.01% | 21.39% | 0.11x | 2.68x | CN¥-62.57 Million |
| 2005 | 5.50% | 13.71% | 0.15x | 2.75x | CN¥-73.28 Million |
| 2006 | 6.28% | 7.12% | 0.28x | 3.17x | CN¥-61.39 Million |
| 2007 | 18.24% | 22.03% | 0.29x | 2.82x | CN¥168.01 Million |
| 2008 | 6.82% | 4.72% | 0.45x | 3.23x | CN¥-63.67 Million |
| 2009 | 13.63% | 6.49% | 0.59x | 3.58x | CN¥79.08 Million |
| 2010 | 12.24% | 4.12% | 0.74x | 4.00x | CN¥52.36 Million |
| 2011 | 0.16% | 0.07% | 0.37x | 6.31x | CN¥-214.28 Million |
| 2012 | -9.80% | -3.29% | 0.36x | 8.24x | CN¥-395.63 Million |
| 2013 | 5.80% | 1.44% | 0.42x | 9.61x | CN¥-89.00 Million |
| 2014 | 10.50% | 3.85% | 0.27x | 9.94x | CN¥11.71 Million |
| 2015 | 8.13% | 2.64% | 0.34x | 9.12x | CN¥-58.69 Million |
| 2016 | 7.68% | 1.73% | 0.49x | 9.10x | CN¥-81.72 Million |
| 2017 | 7.88% | 1.57% | 0.58x | 8.67x | CN¥-80.16 Million |
| 2018 | 7.71% | 1.61% | 0.56x | 8.63x | CN¥-91.79 Million |
| 2019 | 6.57% | 1.57% | 0.59x | 7.12x | CN¥-165.11 Million |
| 2020 | 1.67% | 0.44% | 0.56x | 6.77x | CN¥-413.67 Million |
| 2021 | 2.96% | 0.75% | 0.57x | 6.98x | CN¥-375.52 Million |
| 2022 | 3.23% | 0.88% | 0.51x | 7.27x | CN¥-372.75 Million |
| 2023 | 3.23% | 0.87% | 0.51x | 7.27x | CN¥-383.70 Million |
| 2024 | 1.99% | 0.60% | 0.42x | 7.91x | CN¥-459.44 Million |
Industry Comparison
This section compares Tianjin Economic-technological Development Area Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,023,255,534
- Average return on equity (ROE) among peers: 5.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Economic-technological Development Area Co Ltd (000652) | CN¥6.35 Billion | 5.98% | 5.61x | $544.91 Million |
| China Baoan Group Co Ltd (000009) | $1.27 Billion | 1.07% | 2.24x | $1.86 Billion |
| Yunding Technology Co Ltd (000409) | $941.98 Million | 8.55% | 0.27x | $527.49 Million |
| Create Technology & Science Co Ltd (000551) | $251.29 Million | 12.94% | 2.35x | $557.14 Million |
| Sundiro Holding Co Ltd (000571) | $1.77 Billion | 7.65% | 0.23x | $606.69 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $701.02 Million | 10.07% | 0.54x | $356.12 Million |
| Macrolink Real Estate Co Ltd (000620) | $143.94 Million | 0.00% | 3.19x | $1.86 Billion |
| CHTC Helon Co Ltd (000677) | $529.22 Million | 4.03% | 1.82x | $434.09 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $673.22 Million | 5.50% | 0.58x | $290.70 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $2.92 Billion | 3.04% | 0.07x | $393.69 Million |