TPV Technology Co Ltd
TPV Technology Co., Ltd. engages in the research, development, manufacture, sale, and service of smart display terminal products in China and internationally. It operates through Displays, Televisions, and Others segments. The company offers monitors comprising traditional computer monitors, gaming monitors, and large-screen commercial monitors; professional TVs, digital signages, videowalls, and… Read more
TPV Technology Co Ltd (000727) - Net Assets
Latest net assets as of September 2025: CN¥8.12 Billion CNY
Based on the latest financial reports, TPV Technology Co Ltd (000727) has net assets worth CN¥8.12 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¥37.34 Billion) and total liabilities (CN¥29.22 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¥8.12 Billion |
| % of Total Assets | 21.74% |
| Annual Growth Rate | 15.55% |
| 5-Year Change | 56.46% |
| 10-Year Change | -48.34% |
| Growth Volatility | 763.31 |
TPV Technology Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how TPV Technology 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 TPV Technology Co Ltd (1994–2024)
The table below shows the annual net assets of TPV Technology Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.43 Billion | +2.41% |
| 2023-12-31 | CN¥9.20 Billion | +7.05% |
| 2022-12-31 | CN¥8.60 Billion | +17.70% |
| 2021-12-31 | CN¥7.30 Billion | +21.25% |
| 2020-12-31 | CN¥6.02 Billion | -14.51% |
| 2019-12-31 | CN¥7.05 Billion | -57.89% |
| 2018-12-31 | CN¥16.73 Billion | -8.85% |
| 2017-12-31 | CN¥18.36 Billion | +0.29% |
| 2016-12-31 | CN¥18.31 Billion | +0.32% |
| 2015-12-31 | CN¥18.25 Billion | +4254.07% |
| 2014-12-31 | CN¥419.08 Million | +3.69% |
| 2013-12-31 | CN¥404.18 Million | -3.15% |
| 2012-12-31 | CN¥417.35 Million | -18.76% |
| 2011-12-31 | CN¥513.74 Million | -0.92% |
| 2010-12-31 | CN¥518.49 Million | -4.60% |
| 2009-12-31 | CN¥543.47 Million | -0.24% |
| 2008-12-31 | CN¥544.78 Million | -1.95% |
| 2007-12-31 | CN¥555.60 Million | -44.37% |
| 2006-12-31 | CN¥998.70 Million | -0.09% |
| 2005-12-31 | CN¥999.58 Million | -17.05% |
| 2004-12-31 | CN¥1.20 Billion | +2.85% |
| 2003-12-31 | CN¥1.17 Billion | +2.47% |
| 2002-12-31 | CN¥1.14 Billion | +30.35% |
| 2001-12-31 | CN¥877.13 Million | +4.74% |
| 2000-12-31 | CN¥837.40 Million | +11.22% |
| 1999-12-31 | CN¥752.90 Million | +48.22% |
| 1998-12-31 | CN¥507.97 Million | +13.20% |
| 1997-12-31 | CN¥448.74 Million | +182.25% |
| 1996-12-31 | CN¥158.99 Million | +18.18% |
| 1995-12-31 | CN¥134.53 Million | +9.09% |
| 1994-12-31 | CN¥123.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TPV Technology 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 169995.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥4.53 Billion | 152.10% |
| Other Comprehensive Income | CN¥910.80 Million | 30.58% |
| Other Components | CN¥3.57 Billion | 119.90% |
| Total Equity | CN¥2.98 Billion | 100.00% |
TPV Technology Co Ltd Competitors by Market Cap
The table below lists competitors of TPV Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Hongbaoli Corp Ltd
SHE:002165
|
$917.87 Million |
|
Predictive Discovery Ltd
AU:PDI
|
$918.22 Million |
|
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd
SHE:300139
|
$918.28 Million |
|
Xeris Pharmaceuticals Inc
NASDAQ:XERS
|
$918.47 Million |
|
Inari Amertron Bhd
KLSE:0166
|
$917.68 Million |
|
ROBERTET SA INH. EO 250
F:0R7
|
$917.44 Million |
|
IINO KAIUN KAISHA
F:1UD
|
$917.04 Million |
|
Hyundai Wia
KO:011210
|
$915.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TPV Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,918,940,064 to 2,978,072,867, a change of 59,132,803 (2.0%).
- Net income of 93,506,956 contributed positively to equity growth.
- Dividend payments of 334,773,290 reduced retained earnings.
- Other comprehensive income increased equity by 910,797,025.
- Other factors decreased equity by 610,397,888.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥93.51 Million | +3.14% |
| Dividends Paid | CN¥334.77 Million | -11.24% |
| Other Comprehensive Income | CN¥910.80 Million | +30.58% |
| Other Changes | CN¥-610.40 Million | -20.5% |
| Total Change | CN¥- | 2.03% |
Book Value vs Market Value Analysis
This analysis compares TPV Technology 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: 4.21x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.08x to 4.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.17 | CN¥2.76 | x |
| 1995-12-31 | CN¥0.19 | CN¥2.76 | x |
| 1996-12-31 | CN¥0.22 | CN¥2.76 | x |
| 1997-12-31 | CN¥0.62 | CN¥2.76 | x |
| 1998-12-31 | CN¥0.71 | CN¥2.76 | x |
| 1999-12-31 | CN¥1.04 | CN¥2.76 | x |
| 2000-12-31 | CN¥1.14 | CN¥2.76 | x |
| 2001-12-31 | CN¥1.16 | CN¥2.76 | x |
| 2002-12-31 | CN¥1.53 | CN¥2.76 | x |
| 2003-12-31 | CN¥1.54 | CN¥2.76 | x |
| 2004-12-31 | CN¥1.58 | CN¥2.76 | x |
| 2005-12-31 | CN¥1.32 | CN¥2.76 | x |
| 2006-12-31 | CN¥1.33 | CN¥2.76 | x |
| 2007-12-31 | CN¥0.65 | CN¥2.76 | x |
| 2008-12-31 | CN¥0.66 | CN¥2.76 | x |
| 2009-12-31 | CN¥0.66 | CN¥2.76 | x |
| 2010-12-31 | CN¥0.73 | CN¥2.76 | x |
| 2011-12-31 | CN¥0.74 | CN¥2.76 | x |
| 2012-12-31 | CN¥0.64 | CN¥2.76 | x |
| 2013-12-31 | CN¥0.49 | CN¥2.76 | x |
| 2014-12-31 | CN¥0.50 | CN¥2.76 | x |
| 2015-12-31 | CN¥2.55 | CN¥2.76 | x |
| 2016-12-31 | CN¥2.37 | CN¥2.76 | x |
| 2017-12-31 | CN¥2.41 | CN¥2.76 | x |
| 2018-12-31 | CN¥2.16 | CN¥2.76 | x |
| 2019-12-31 | CN¥0.92 | CN¥2.76 | x |
| 2020-12-31 | CN¥0.33 | CN¥2.76 | x |
| 2021-12-31 | CN¥0.45 | CN¥2.76 | x |
| 2022-12-31 | CN¥0.59 | CN¥2.76 | x |
| 2023-12-31 | CN¥0.64 | CN¥2.76 | x |
| 2024-12-31 | CN¥0.66 | CN¥2.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TPV Technology 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): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.17%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 11.61x
- Recent ROE (3.14%) is above the historical average (-0.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 33.40% | 19.65% | 0.78x | 2.18x | CN¥28.85 Million |
| 1995 | 34.55% | 16.20% | 1.00x | 2.12x | CN¥33.03 Million |
| 1996 | 28.06% | 13.50% | 1.06x | 1.96x | CN¥28.71 Million |
| 1997 | 11.92% | 15.75% | 0.62x | 1.22x | CN¥8.60 Million |
| 1998 | 11.41% | 17.95% | 0.47x | 1.34x | CN¥7.18 Million |
| 1999 | 6.13% | 15.08% | 0.29x | 1.38x | CN¥-28.93 Million |
| 2000 | 12.09% | 35.89% | 0.24x | 1.40x | CN¥17.16 Million |
| 2001 | 6.65% | 18.25% | 0.22x | 1.66x | CN¥-27.84 Million |
| 2002 | 5.32% | 21.84% | 0.14x | 1.72x | CN¥-51.26 Million |
| 2003 | 0.55% | 2.23% | 0.13x | 1.84x | CN¥-104.38 Million |
| 2004 | 2.30% | 8.08% | 0.15x | 1.86x | CN¥-87.54 Million |
| 2005 | -18.10% | -53.27% | 0.16x | 2.12x | CN¥-266.08 Million |
| 2006 | 0.59% | 1.29% | 0.23x | 1.98x | CN¥-90.34 Million |
| 2007 | -106.15% | -69.17% | 0.54x | 2.86x | CN¥-539.79 Million |
| 2008 | 0.62% | 0.46% | 0.54x | 2.48x | CN¥-44.40 Million |
| 2009 | 4.99% | 4.30% | 0.51x | 2.28x | CN¥-23.89 Million |
| 2010 | -2.05% | -1.61% | 0.64x | 1.98x | CN¥-62.75 Million |
| 2011 | 1.75% | 1.33% | 0.66x | 1.97x | CN¥-43.76 Million |
| 2012 | -10.46% | -5.96% | 0.68x | 2.58x | CN¥-94.32 Million |
| 2013 | 2.96% | 1.26% | 0.88x | 2.66x | CN¥-24.57 Million |
| 2014 | 2.48% | 0.90% | 0.09x | 32.10x | CN¥-27.05 Million |
| 2015 | 0.10% | 0.91% | 0.04x | 2.97x | CN¥-1.06 Billion |
| 2016 | 0.22% | 1.50% | 0.05x | 3.14x | CN¥-1.05 Billion |
| 2017 | 0.11% | 0.19% | 0.18x | 3.13x | CN¥-1.07 Billion |
| 2018 | -10.08% | -17.31% | 0.18x | 3.29x | CN¥-1.97 Billion |
| 2019 | -129.17% | -8.20% | 3.04x | 5.18x | CN¥-5.77 Billion |
| 2020 | 49.37% | 1.09% | 1.90x | 23.85x | CN¥594.75 Million |
| 2021 | 26.30% | 0.75% | 1.70x | 20.46x | CN¥329.87 Million |
| 2022 | 3.27% | 0.14% | 1.76x | 13.26x | CN¥-178.66 Million |
| 2023 | 9.51% | 0.51% | 1.62x | 11.55x | CN¥-14.31 Million |
| 2024 | 3.14% | 0.17% | 1.60x | 11.61x | CN¥-204.30 Million |
Industry Comparison
This section compares TPV Technology Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $1,660,069,122
- Average return on equity (ROE) among peers: 15.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TPV Technology Co Ltd (000727) | CN¥8.12 Billion | 33.40% | 3.60x | $917.87 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $3.49 Billion | 20.34% | 0.48x | $4.21 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $172.34 Million | 10.88% | 1.56x | $4.11 Billion |
| Inspur Electronic Info Industr (000977) | $900.93 Million | 4.81% | 0.23x | $8.33 Billion |
| JWIPC Technology Co Ltd (001339) | $2.19 Billion | 5.71% | 1.34x | $665.52 Million |
| Shandong Senter Electn Co Ltd (001388) | $586.50 Million | 20.03% | 0.78x | $57.68K |
| Ninestar Corp (002180) | $322.23 Million | 8.58% | 0.16x | $2.12 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $337.64 Million | 61.25% | 0.41x | $15.32 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 1.62% | 0.12x | $265.22 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $5.78 Billion | 3.44% | 0.35x | $599.23 Million |