Telling Telecommunication Holding Co Ltd (000829) - Net Assets
Based on the latest financial reports, Telling Telecommunication Holding Co Ltd (000829) has net assets worth CN¥3.01 Billion CNY (≈ $440.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥24.97 Billion ≈ $3.65 Billion USD) and total liabilities (CN¥21.96 Billion ≈ $3.21 Billion 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 000829 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.01 Billion |
| % of Total Assets | 12.07% |
| Annual Growth Rate | 14.41% |
| 5-Year Change | 22.16% |
| 10-Year Change | 33.06% |
| Growth Volatility | 41.26 |
Telling Telecommunication Holding Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Telling Telecommunication Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Telling Telecommunication Holding Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Telling Telecommunication Holding Co Ltd (1994–2024)
The table below shows the annual net assets of Telling Telecommunication Holding Co Ltd from 1994 to 2024. For live valuation and market cap data, see market value of Telling Telecommunication Holding Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.07 Billion ≈ $449.01 Million |
+0.29% |
| 2023-12-31 | CN¥3.06 Billion ≈ $447.72 Million |
+16.62% |
| 2022-12-31 | CN¥2.62 Billion ≈ $383.93 Million |
-1.00% |
| 2021-12-31 | CN¥2.65 Billion ≈ $387.79 Million |
+5.50% |
| 2020-12-31 | CN¥2.51 Billion ≈ $367.57 Million |
-0.81% |
| 2019-12-31 | CN¥2.53 Billion ≈ $370.57 Million |
+1.98% |
| 2018-12-31 | CN¥2.48 Billion ≈ $363.38 Million |
-14.18% |
| 2017-12-31 | CN¥2.89 Billion ≈ $423.43 Million |
+10.83% |
| 2016-12-31 | CN¥2.61 Billion ≈ $382.04 Million |
+13.22% |
| 2015-12-31 | CN¥2.31 Billion ≈ $337.44 Million |
-13.38% |
| 2014-12-31 | CN¥2.66 Billion ≈ $389.57 Million |
-9.92% |
| 2013-12-31 | CN¥2.96 Billion ≈ $432.49 Million |
+0.24% |
| 2012-12-31 | CN¥2.95 Billion ≈ $431.45 Million |
-2.05% |
| 2011-12-31 | CN¥3.01 Billion ≈ $440.50 Million |
+2.75% |
| 2010-12-31 | CN¥2.93 Billion ≈ $428.71 Million |
+17.68% |
| 2009-12-31 | CN¥2.49 Billion ≈ $364.32 Million |
+17.10% |
| 2008-12-31 | CN¥2.13 Billion ≈ $311.11 Million |
+8.82% |
| 2007-12-31 | CN¥1.95 Billion ≈ $285.90 Million |
+137.25% |
| 2006-12-31 | CN¥823.52 Million ≈ $120.51 Million |
+32.63% |
| 2005-12-31 | CN¥620.89 Million ≈ $90.86 Million |
+24.15% |
| 2004-12-31 | CN¥500.12 Million ≈ $73.18 Million |
+29.46% |
| 2003-12-31 | CN¥386.30 Million ≈ $56.53 Million |
+39.32% |
| 2002-12-31 | CN¥277.27 Million ≈ $40.57 Million |
-14.25% |
| 2001-12-31 | CN¥323.34 Million ≈ $47.32 Million |
-0.23% |
| 2000-12-31 | CN¥324.09 Million ≈ $47.42 Million |
+24.75% |
| 1999-12-31 | CN¥259.79 Million ≈ $38.02 Million |
+5.84% |
| 1998-12-31 | CN¥245.45 Million ≈ $35.92 Million |
+13.74% |
| 1997-12-31 | CN¥215.79 Million ≈ $31.58 Million |
+187.53% |
| 1996-12-31 | CN¥75.05 Million ≈ $10.98 Million |
+31.95% |
| 1995-12-31 | CN¥56.88 Million ≈ $8.32 Million |
+5.32% |
| 1994-12-31 | CN¥54.00 Million ≈ $7.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Telling Telecommunication Holding 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 114886330300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.15 Billion | 38.44% |
| Common Stock | CN¥1.03 Billion | 34.30% |
| Other Comprehensive Income | CN¥469.67 Million | 15.72% |
| Other Components | CN¥344.78 Million | 11.54% |
| Total Equity | CN¥2.99 Billion | 100.00% |
Telling Telecommunication Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Telling Telecommunication Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YGSOFT Inc
SHE:002063
|
$1.76 Billion |
|
Companhia Siderúrgica Nacional
MX:SIDN
|
$1.76 Billion |
|
Weis Markets Inc
NYSE:WMK
|
$1.76 Billion |
|
Robertet SA
PA:RBT
|
$1.76 Billion |
|
North West Company Inc
TO:NWC
|
$1.75 Billion |
|
Dynapack International Technology
TWO:3211
|
$1.75 Billion |
|
Mayr-Melnhof Karton AG
VI:MMK
|
$1.75 Billion |
|
Hyundai Energy Solutions Co Ltd
KO:322000
|
$1.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telling Telecommunication Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,001,620,599 to 2,988,409,811, a change of -13,210,788 (-0.4%).
- Net income of 31,183,902 contributed positively to equity growth.
- Dividend payments of 538,047,586 reduced retained earnings.
- Other comprehensive income decreased equity by 15,785,727.
- Other factors increased equity by 509,438,623.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥31.18 Million | +1.04% |
| Dividends Paid | CN¥538.05 Million | -18.0% |
| Other Comprehensive Income | CN¥-15.79 Million | -0.53% |
| Other Changes | CN¥509.44 Million | +17.05% |
| Total Change | CN¥- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares Telling Telecommunication Holding 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: 4.02x
- 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 199.67x to 4.02x 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¥0.06 | CN¥11.70 | x |
| 1995-12-31 | CN¥0.06 | CN¥11.70 | x |
| 1996-12-31 | CN¥0.08 | CN¥11.70 | x |
| 1997-12-31 | CN¥0.23 | CN¥11.70 | x |
| 1998-12-31 | CN¥0.27 | CN¥11.70 | x |
| 1999-12-31 | CN¥0.28 | CN¥11.70 | x |
| 2000-12-31 | CN¥0.35 | CN¥11.70 | x |
| 2001-12-31 | CN¥0.35 | CN¥11.70 | x |
| 2002-12-31 | CN¥0.30 | CN¥11.70 | x |
| 2003-12-31 | CN¥0.35 | CN¥11.70 | x |
| 2004-12-31 | CN¥0.42 | CN¥11.70 | x |
| 2005-12-31 | CN¥0.48 | CN¥11.70 | x |
| 2006-12-31 | CN¥0.63 | CN¥11.70 | x |
| 2007-12-31 | CN¥1.53 | CN¥11.70 | x |
| 2008-12-31 | CN¥1.62 | CN¥11.70 | x |
| 2009-12-31 | CN¥1.94 | CN¥11.70 | x |
| 2010-12-31 | CN¥2.25 | CN¥11.70 | x |
| 2011-12-31 | CN¥2.16 | CN¥11.70 | x |
| 2012-12-31 | CN¥1.91 | CN¥11.70 | x |
| 2013-12-31 | CN¥2.38 | CN¥11.70 | x |
| 2014-12-31 | CN¥2.40 | CN¥11.70 | x |
| 2015-12-31 | CN¥2.08 | CN¥11.70 | x |
| 2016-12-31 | CN¥2.27 | CN¥11.70 | x |
| 2017-12-31 | CN¥2.99 | CN¥11.70 | x |
| 2018-12-31 | CN¥2.37 | CN¥11.70 | x |
| 2019-12-31 | CN¥2.46 | CN¥11.70 | x |
| 2020-12-31 | CN¥2.41 | CN¥11.70 | x |
| 2021-12-31 | CN¥2.55 | CN¥11.70 | x |
| 2022-12-31 | CN¥2.52 | CN¥11.70 | x |
| 2023-12-31 | CN¥2.93 | CN¥11.70 | x |
| 2024-12-31 | CN¥2.91 | CN¥11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telling Telecommunication Holding 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): 1.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.04%
- • Asset Turnover: 3.66x
- • Equity Multiplier: 7.68x
- Recent ROE (1.04%) is below the historical average (8.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 21.11% | 10.92% | 1.00x | 1.94x | CN¥6.00 Million |
| 1995 | 32.58% | 13.82% | 1.30x | 1.82x | CN¥12.84 Million |
| 1996 | 28.71% | 12.37% | 1.14x | 2.03x | CN¥14.04 Million |
| 1997 | 10.04% | 12.95% | 0.56x | 1.39x | CN¥79.11K |
| 1998 | 11.31% | 14.10% | 0.58x | 1.38x | CN¥3.20 Million |
| 1999 | 6.06% | 10.25% | 0.37x | 1.61x | CN¥-10.22 Million |
| 2000 | 1.63% | 4.40% | 0.28x | 1.33x | CN¥-27.08 Million |
| 2001 | -3.55% | -8.95% | 0.29x | 1.39x | CN¥-43.11 Million |
| 2002 | 0.83% | 2.30% | 0.29x | 1.27x | CN¥-24.97 Million |
| 2003 | 15.71% | 2.36% | 1.29x | 5.14x | CN¥18.49 Million |
| 2004 | 16.47% | 0.87% | 2.27x | 8.29x | CN¥24.86 Million |
| 2005 | 15.16% | 0.80% | 2.58x | 7.34x | CN¥23.02 Million |
| 2006 | 26.68% | 1.09% | 3.06x | 8.03x | CN¥97.36 Million |
| 2007 | 17.32% | 1.60% | 2.62x | 4.13x | CN¥103.83 Million |
| 2008 | 8.99% | 0.85% | 2.69x | 3.93x | CN¥-15.53 Million |
| 2009 | 15.58% | 1.63% | 2.04x | 4.67x | CN¥101.91 Million |
| 2010 | 14.55% | 1.49% | 2.44x | 4.01x | CN¥97.13 Million |
| 2011 | 2.32% | 0.21% | 2.34x | 4.72x | CN¥-167.99 Million |
| 2012 | -1.04% | -0.07% | 3.51x | 4.29x | CN¥-239.01 Million |
| 2013 | 1.26% | 0.09% | 2.59x | 5.28x | CN¥-190.98 Million |
| 2014 | 0.83% | 0.05% | 3.16x | 4.97x | CN¥-202.01 Million |
| 2015 | -11.51% | -0.53% | 3.85x | 5.66x | CN¥-425.09 Million |
| 2016 | 10.13% | 0.66% | 2.87x | 5.35x | CN¥2.94 Million |
| 2017 | 8.03% | 0.59% | 2.80x | 4.85x | CN¥-57.62 Million |
| 2018 | -9.27% | -0.54% | 3.34x | 5.11x | CN¥-479.52 Million |
| 2019 | 2.03% | 0.10% | 3.92x | 5.42x | CN¥-198.75 Million |
| 2020 | 7.54% | 0.31% | 4.19x | 5.78x | CN¥-60.74 Million |
| 2021 | 7.90% | 0.29% | 3.87x | 7.01x | CN¥-55.02 Million |
| 2022 | 4.30% | 0.15% | 3.57x | 8.30x | CN¥-147.20 Million |
| 2023 | 2.79% | 0.09% | 4.26x | 7.42x | CN¥-216.51 Million |
| 2024 | 1.04% | 0.04% | 3.66x | 7.68x | CN¥-267.66 Million |
Industry Comparison
This section compares Telling Telecommunication Holding Co Ltd's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $1,228,359,623
- Average return on equity (ROE) among peers: 9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telling Telecommunication Holding Co Ltd (000829) | CN¥3.01 Billion | 21.11% | 7.29x | $1.76 Billion |
| Shenzhen Huaqiang Industry Co Ltd (000062) | $1.19 Billion | 5.37% | 0.09x | $5.65 Billion |
| Unisplendour Corp Ltd (000938) | $713.80 Million | 1.40% | 1.12x | $13.39 Billion |
| Shenzhen H&T Intelligent Control Co Ltd (002402) | $4.92 Billion | 8.90% | 0.73x | $4.28 Billion |
| Beijing Oriental Jicheng Co Ltd (002819) | $504.43 Million | 9.29% | 0.85x | $1.16 Billion |
| GuangDong Rifeng Electric Cable Co Ltd (002953) | $481.76 Million | 23.99% | 0.83x | $851.69 Million |
| Wuhan PS Information Tech (300184) | $687.96 Million | 5.38% | 0.46x | $2.25 Billion |
| Shenyu Communication Technology Inc (300563) | $937.76 Million | 7.43% | 0.35x | $861.40 Million |
| Nanjing Sunlord Electronics Corporation LTD (300975) | $1.10 Billion | 13.56% | 0.62x | $2.06 Billion |
| Langfang Development Co Ltd (600149) | $523.64 Million | 6.16% | 0.83x | $357.70 Million |
About Telling Telecommunication Holding Co Ltd
Telling Telecommunication Holding Co.,Ltd engages in the distribution of mobile phones in China. The company distributes its products through online and offline channels. It also engages in lottery tickets related business. In addition, the company provides Internet services, as well as involved in mobile resale business. Further, it operates an e-commerce platform for mobile phone distribution; … Read more