Tieling Newcity Investment Holding Ltd Net Assets
Tieling Newcity Investment Holding Ltd net assets. 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. Also explore 000809 shareholders equity momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Tieling Newcity Investment Holding Ltd (1995–2025)
Net assets of Tieling Newcity Investment Holding Ltd from 1995 to 2025. This chart illustrates how Tieling Newcity Investment Holding Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Tieling Newcity Investment Holding Ltd to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see 000809 market cap.
| 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 |
-- |
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.
Tieling Newcity Investment Holding Ltd Net Assets Breakdown (December 2025)
Tieling Newcity Investment Holding Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Cogent Communications Group Inc
NASDAQ:CCOI
|
$345.19 Million |
|
Enjoyor
SHE:300020
|
$345.37 Million |
|
NWTN Inc. Class B Ordinary Shares
NASDAQ:NWTN
|
$345.40 Million |
|
Hanwha Corp Preferred
KO:00088K
|
$345.41 Million |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
$345.16 Million |
|
Silicius Real Estate SOCIMI S.A.
MC:YSIL
|
$345.10 Million |
|
Samhällsbyggnadsbolaget i Norden AB (publ)
ST:SBB-B
|
$345.01 Million |
|
Guangdong PAK Corporation Co Ltd
SHE:300625
|
$344.98 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: 0.89x
- 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 4.46x to 0.89x 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¥2.86 | x |
| 1996-12-31 | CN¥0.71 | CN¥2.86 | x |
| 1997-12-31 | CN¥0.80 | CN¥2.86 | x |
| 1998-12-31 | CN¥0.89 | CN¥2.86 | x |
| 1999-12-31 | CN¥0.89 | CN¥2.86 | x |
| 2000-12-31 | CN¥0.94 | CN¥2.86 | x |
| 2001-12-31 | CN¥0.62 | CN¥2.86 | x |
| 2002-12-31 | CN¥0.40 | CN¥2.86 | x |
| 2003-12-31 | CN¥0.44 | CN¥2.86 | x |
| 2004-12-31 | CN¥0.49 | CN¥2.86 | x |
| 2005-12-31 | CN¥0.52 | CN¥2.86 | x |
| 2006-12-31 | CN¥0.54 | CN¥2.86 | x |
| 2007-12-31 | CN¥0.51 | CN¥2.86 | x |
| 2008-12-31 | CN¥0.51 | CN¥2.86 | x |
| 2009-12-31 | CN¥0.55 | CN¥2.86 | x |
| 2010-12-31 | CN¥0.51 | CN¥2.86 | x |
| 2011-12-31 | CN¥3.59 | CN¥2.86 | x |
| 2012-12-31 | CN¥3.32 | CN¥2.86 | x |
| 2013-12-31 | CN¥4.18 | CN¥2.86 | x |
| 2014-12-31 | CN¥3.63 | CN¥2.86 | x |
| 2015-12-31 | CN¥3.98 | CN¥2.86 | x |
| 2016-12-31 | CN¥3.62 | CN¥2.86 | x |
| 2017-12-31 | CN¥3.78 | CN¥2.86 | x |
| 2018-12-31 | CN¥3.88 | CN¥2.86 | x |
| 2019-12-31 | CN¥3.78 | CN¥2.86 | x |
| 2020-12-31 | CN¥3.71 | CN¥2.86 | x |
| 2021-12-31 | CN¥3.53 | CN¥2.86 | x |
| 2022-12-31 | CN¥3.49 | CN¥2.86 | x |
| 2023-12-31 | CN¥3.46 | CN¥2.86 | x |
| 2024-12-31 | CN¥3.30 | CN¥2.86 | x |
| 2025-12-31 | CN¥3.22 | CN¥2.86 | 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: $6,473,646,280
- Average return on equity (ROE) among peers: 6.67%
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 | $345.18 Million |
| Tunghsu Azure Renewable Energy Co Ltd (000040) | $960.00 Million | 1.62% | 1.24x | $106.61 Million |
| Tianjin Guangyu Development Co Ltd (000537) | $15.36 Billion | 14.40% | 3.87x | $2.04 Billion |
| Guangdong Electric Power Development Co Ltd (000539) | $27.78 Billion | 10.81% | 1.49x | $3.22 Billion |
| CECEP Solar Energy Co Ltd (000591) | $442.13 Million | 4.51% | 3.80x | $2.33 Billion |
| GEPIC Energy Development Co Ltd (000791) | $74.29 Million | 34.35% | 0.84x | $3.01 Billion |
| Hubei Energy Group Co Ltd (000883) | $9.29 Billion | 11.16% | 2.05x | $3.94 Billion |
| Fujian MinDong Electric Power Co Ltd (000993) | $2.50 Billion | 9.36% | 0.35x | $737.14 Million |
| Shenzhen Feima International Supply Chain Co Ltd (002210) | $596.59 Million | 13.76% | 15.74x | $716.54 Million |
| Shenzhen Sunrise New Energy Co Ltd (002256) | $1.25 Billion | -39.99% | 0.68x | $741.11 Million |
About Tieling Newcity Investment Holding Ltd
Liaoning HeZhan Energy Group Co., Ltd. engages in the manufacture of wind turbine hybrid tower equipment and new energy investment and development business in China. The company operates through four segments: Wind Turbine Hybrid Tower Equipment Manufacturing, New Energy Investment and Development, New Energy Engineering Contracting, and Power Trading. It manufactures and sells wind turbine steel… Read more