Tieling Newcity Investment Holding Ltd (000809) - Net Assets

Latest as of March 2026: CN¥2.69 Billion CNY ≈ $394.25 Million USD

Based on the latest financial reports, Tieling Newcity Investment Holding Ltd (000809) has net assets worth CN¥2.69 Billion CNY (≈ $394.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.12 Billion ≈ $602.72 Million USD) and total liabilities (CN¥1.42 Billion ≈ $208.47 Million USD). 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. Check tangible equity quality of Tieling Newcity Investment Holding Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.69 Billion
% of Total Assets 65.41%
Annual Growth Rate 9.72%
5-Year Change -8.29%
10-Year Change -11.01%
Growth Volatility 260.58

Tieling Newcity Investment Holding Ltd - Net Assets Trend (1995–2025)

This chart illustrates how Tieling Newcity Investment Holding Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Tieling Newcity Investment Holding Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Tieling Newcity Investment Holding Ltd (1995–2025)

The table below shows the annual net assets of Tieling Newcity Investment Holding Ltd from 1995 to 2025. For live valuation and market cap data, see Tieling Newcity Investment Holding Ltd stock valuation.

Year Net Assets Change
2025-12-31 CN¥2.67 Billion
≈ $391.14 Million
-1.76%
2024-12-31 CN¥2.72 Billion
≈ $398.16 Million
-19.17%
2023-12-31 CN¥3.37 Billion
≈ $492.61 Million
+16.95%
2022-12-31 CN¥2.88 Billion
≈ $421.21 Million
-1.24%
2021-12-31 CN¥2.91 Billion
≈ $426.49 Million
-4.63%
2020-12-31 CN¥3.06 Billion
≈ $447.21 Million
-1.93%
2019-12-31 CN¥3.12 Billion
≈ $456.03 Million
-2.66%
2018-12-31 CN¥3.20 Billion
≈ $468.50 Million
+3.11%
2017-12-31 CN¥3.10 Billion
≈ $454.35 Million
+3.37%
2016-12-31 CN¥3.00 Billion
≈ $439.56 Million
-7.41%
2015-12-31 CN¥3.24 Billion
≈ $474.74 Million
-6.74%
2014-12-31 CN¥3.48 Billion
≈ $509.03 Million
+0.83%
2013-12-31 CN¥3.45 Billion
≈ $504.82 Million
+25.89%
2012-12-31 CN¥2.74 Billion
≈ $401.01 Million
+30.01%
2011-12-31 CN¥2.11 Billion
≈ $308.44 Million
+1450.76%
2010-12-31 CN¥135.92 Million
≈ $19.89 Million
+2.30%
2009-12-31 CN¥132.87 Million
≈ $19.44 Million
-1.02%
2008-12-31 CN¥134.25 Million
≈ $19.64 Million
+2.49%
2007-12-31 CN¥130.98 Million
≈ $19.17 Million
-6.13%
2006-12-31 CN¥139.53 Million
≈ $20.42 Million
-14.97%
2005-12-31 CN¥164.09 Million
≈ $24.01 Million
+6.78%
2004-12-31 CN¥153.66 Million
≈ $22.49 Million
+10.50%
2003-12-31 CN¥139.06 Million
≈ $20.35 Million
+27.09%
2002-12-31 CN¥109.43 Million
≈ $16.01 Million
-34.50%
2001-12-31 CN¥167.07 Million
≈ $24.45 Million
-31.21%
2000-12-31 CN¥242.88 Million
≈ $35.54 Million
+5.21%
1999-12-31 CN¥230.85 Million
≈ $33.78 Million
+0.50%
1998-12-31 CN¥229.71 Million
≈ $33.61 Million
+11.27%
1997-12-31 CN¥206.45 Million
≈ $30.21 Million
+11.87%
1996-12-31 CN¥184.54 Million
≈ $27.00 Million
+11.55%
1995-12-31 CN¥165.43 Million
≈ $24.21 Million
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Equity Component Analysis

This analysis shows how different components contribute to Tieling Newcity Investment Holding 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 207111.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥1.55 Billion 58.56%
Other Components CN¥1.10 Billion 41.44%
Total Equity CN¥2.65 Billion 100.00%

Tieling Newcity Investment Holding Ltd Competitors by Market Cap

The table below lists competitors of Tieling Newcity Investment Holding Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen Emperor Technology Co Ltd
SHE:300546
$444.34 Million
DIAMOND BIOFUND INC
TW:6901
$444.69 Million
Is Gayrimenkul Yatirim Ortakligi AS
IS:ISGYO
$444.93 Million
PLAYWAY SA
WAR:PLW
$445.02 Million
Radium Development Berhad
KLSE:5313
$444.06 Million
Doubledown Interactive Co Ltd
NASDAQ:DDI
$444.00 Million
CCCG Real Estate Corp Ltd
SHE:000736
$443.86 Million
Varex Imaging Corp
NASDAQ:VREX
$443.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tieling Newcity Investment Holding Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,720,944,218 to 2,653,963,802, a change of -66,980,416 (-2.5%).
  • Net loss of 61,913,619 reduced equity.
  • Dividend payments of 2,237,443 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-61.91 Million -2.33%
Dividends Paid CN¥2.24 Million -0.08%
Other Changes CN¥-2.83 Million -0.11%
Total Change CN¥- -2.46%

Book Value vs Market Value Analysis

This analysis compares Tieling Newcity Investment Holding 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: 1.14x
  • 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 5.74x to 1.14x 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¥0.64 CN¥3.68 x
1996-12-31 CN¥0.71 CN¥3.68 x
1997-12-31 CN¥0.80 CN¥3.68 x
1998-12-31 CN¥0.89 CN¥3.68 x
1999-12-31 CN¥0.89 CN¥3.68 x
2000-12-31 CN¥0.94 CN¥3.68 x
2001-12-31 CN¥0.62 CN¥3.68 x
2002-12-31 CN¥0.40 CN¥3.68 x
2003-12-31 CN¥0.44 CN¥3.68 x
2004-12-31 CN¥0.49 CN¥3.68 x
2005-12-31 CN¥0.52 CN¥3.68 x
2006-12-31 CN¥0.54 CN¥3.68 x
2007-12-31 CN¥0.51 CN¥3.68 x
2008-12-31 CN¥0.51 CN¥3.68 x
2009-12-31 CN¥0.55 CN¥3.68 x
2010-12-31 CN¥0.51 CN¥3.68 x
2011-12-31 CN¥3.59 CN¥3.68 x
2012-12-31 CN¥3.32 CN¥3.68 x
2013-12-31 CN¥4.18 CN¥3.68 x
2014-12-31 CN¥3.63 CN¥3.68 x
2015-12-31 CN¥3.98 CN¥3.68 x
2016-12-31 CN¥3.62 CN¥3.68 x
2017-12-31 CN¥3.78 CN¥3.68 x
2018-12-31 CN¥3.88 CN¥3.68 x
2019-12-31 CN¥3.78 CN¥3.68 x
2020-12-31 CN¥3.71 CN¥3.68 x
2021-12-31 CN¥3.53 CN¥3.68 x
2022-12-31 CN¥3.49 CN¥3.68 x
2023-12-31 CN¥3.46 CN¥3.68 x
2024-12-31 CN¥3.30 CN¥3.68 x
2025-12-31 CN¥3.22 CN¥3.68 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tieling Newcity Investment Holding 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): -2.33%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -17.25%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 1.22x
  • Recent ROE (-2.33%) is below the historical average (1.67%), 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 10.26% 7.66% 0.47x 2.86x CN¥423.35K
1996 10.36% 11.09% 0.34x 2.71x CN¥658.32K
1997 10.61% 11.87% 0.32x 2.80x CN¥1.26 Million
1998 10.36% 11.49% 0.49x 1.84x CN¥838.35K
1999 13.07% 12.02% 0.61x 1.79x CN¥7.09 Million
2000 9.67% 5.94% 0.78x 2.10x CN¥-799.07K
2001 -39.07% -17.06% 0.81x 2.81x CN¥-78.69 Million
2002 -54.00% -17.77% 0.82x 3.71x CN¥-66.64 Million
2003 9.62% 4.19% 1.40x 1.64x CN¥-437.66K
2004 8.67% 8.76% 0.51x 1.94x CN¥-1.67 Million
2005 6.40% 5.72% 0.77x 1.45x CN¥-4.84 Million
2006 5.05% 8.20% 0.42x 1.46x CN¥-6.89 Million
2007 4.51% 5.87% 0.45x 1.72x CN¥-7.18 Million
2008 2.47% 2.66% 0.51x 1.81x CN¥-10.11 Million
2009 -3.82% -3.48% 0.59x 1.86x CN¥-17.86 Million
2010 2.21% 1.96% 0.61x 1.84x CN¥-10.30 Million
2011 28.80% 43.28% 0.40x 1.67x CN¥396.27 Million
2012 23.09% 45.30% 0.32x 1.60x CN¥358.59 Million
2013 20.56% 42.08% 0.30x 1.64x CN¥364.43 Million
2014 0.83% 10.94% 0.04x 1.78x CN¥-319.09 Million
2015 -5.53% -521.62% 0.01x 1.94x CN¥-503.77 Million
2016 -8.01% -1143.55% 0.00x 2.12x CN¥-540.85 Million
2017 3.26% 126.82% 0.01x 1.92x CN¥-209.39 Million
2018 3.02% 6.23% 0.27x 1.81x CN¥-223.50 Million
2019 -2.73% -46.27% 0.03x 1.81x CN¥-396.85 Million
2020 -1.97% -35.36% 0.04x 1.49x CN¥-365.84 Million
2021 -4.86% -123.93% 0.03x 1.51x CN¥-433.05 Million
2022 -1.26% -16.28% 0.05x 1.50x CN¥-323.97 Million
2023 -3.75% -444.76% 0.01x 1.64x CN¥-387.71 Million
2024 -3.78% -26.89% 0.13x 1.09x CN¥-375.03 Million
2025 -2.33% -17.25% 0.11x 1.22x CN¥-327.31 Million

Industry Comparison

This section compares Tieling Newcity Investment Holding Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $4,141,376,106
  • Average return on equity (ROE) among peers: 8.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tieling Newcity Investment Holding Ltd (000809) CN¥2.69 Billion 10.26% 0.53x $444.15 Million
Tunghsu Azure Renewable Energy Co Ltd (000040) $1.27 Billion 4.19% 2.37x $106.61 Million
Tianjin Guangyu Development Co Ltd (000537) $825.65 Million 14.03% 0.39x $2.45 Billion
Guangdong Electric Power Development Co Ltd (000539) $10.01 Billion 9.47% 0.36x $4.82 Billion
CECEP Solar Energy Co Ltd (000591) $396.94 Million 3.87% 4.33x $2.74 Billion
GEPIC Energy Development Co Ltd (000791) $378.43 Million -8.81% 0.62x $4.08 Billion
Hubei Energy Group Co Ltd (000883) $15.68 Billion 7.29% 1.15x $4.40 Billion
Fujian MinDong Electric Power Co Ltd (000993) $2.32 Billion 0.97% 0.92x $729.10 Million
Shenzhen Feima International Supply Chain Co Ltd (002210) $4.08 Billion 37.58% 3.83x $911.25 Million
Shenzhen Sunrise New Energy Co Ltd (002256) $2.32 Billion 6.62% 0.66x $1.17 Billion

About Tieling Newcity Investment Holding Ltd

SHE:000809 China Utilities - Renewable
Market Cap
$444.15 Million
CN¥3.04 Billion CNY
Market Cap Rank
#13041 Global
#3881 in China
Share Price
CN¥3.68
Change (1 day)
-1.34%
52-Week Range
CN¥2.79 - CN¥4.37
All Time High
CN¥6.15
About

Liaoning HeZhan Energy Group Co., Ltd. engages in the manufacture of wind turbine mixing tower equipment and new energy investment and development business in China. It manufactures and sells wind turbine steel-concrete towers and provides wind turbine steel-concrete tower solutions. The company is also involved in land development, urban water supply, sewage treatment, taxi service, advertising,… Read more