Tianjin Jinbin Development
Tianjin Jinbin Development Co.,Ltd engages in the real estate development business in China. The company develops industrial parks, and commercial and residential real estate properties. Tianjin Jinbin Development Co.,Ltd was founded in 1998 and is headquartered in Tianjin, China.
Tianjin Jinbin Development (000897) - Net Assets
Latest net assets as of September 2025: CN¥3.17 Billion CNY
Based on the latest financial reports, Tianjin Jinbin Development (000897) has net assets worth CN¥3.17 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¥4.49 Billion) and total liabilities (CN¥1.31 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¥3.17 Billion |
| % of Total Assets | 70.69% |
| Annual Growth Rate | 11.18% |
| 5-Year Change | 117.12% |
| 10-Year Change | 111.58% |
| Growth Volatility | 41.39 |
Tianjin Jinbin Development - Net Assets Trend (1995–2024)
This chart illustrates how Tianjin Jinbin Development'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 Jinbin Development (1995–2024)
The table below shows the annual net assets of Tianjin Jinbin Development from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.31 Billion | +18.68% |
| 2023-12-31 | CN¥2.79 Billion | +25.02% |
| 2022-12-31 | CN¥2.23 Billion | +13.29% |
| 2021-12-31 | CN¥1.97 Billion | +29.17% |
| 2020-12-31 | CN¥1.53 Billion | +17.68% |
| 2019-12-31 | CN¥1.30 Billion | +8.12% |
| 2018-12-31 | CN¥1.20 Billion | -11.08% |
| 2017-12-31 | CN¥1.35 Billion | -14.32% |
| 2016-12-31 | CN¥1.57 Billion | +0.54% |
| 2015-12-31 | CN¥1.57 Billion | -16.82% |
| 2014-12-31 | CN¥1.88 Billion | -15.98% |
| 2013-12-31 | CN¥2.24 Billion | -19.04% |
| 2012-12-31 | CN¥2.77 Billion | +20.14% |
| 2011-12-31 | CN¥2.30 Billion | -4.68% |
| 2010-12-31 | CN¥2.42 Billion | -9.32% |
| 2009-12-31 | CN¥2.66 Billion | -4.07% |
| 2008-12-31 | CN¥2.78 Billion | -1.44% |
| 2007-12-31 | CN¥2.82 Billion | +25.20% |
| 2006-12-31 | CN¥2.25 Billion | +101.88% |
| 2005-12-31 | CN¥1.11 Billion | +15.32% |
| 2004-12-31 | CN¥966.58 Million | -2.31% |
| 2003-12-31 | CN¥989.40 Million | +1.98% |
| 2002-12-31 | CN¥970.21 Million | -0.07% |
| 2001-12-31 | CN¥970.89 Million | +44.56% |
| 2000-12-31 | CN¥671.60 Million | +1.63% |
| 1999-12-31 | CN¥660.82 Million | -2.96% |
| 1998-12-31 | CN¥680.95 Million | +194.44% |
| 1997-12-31 | CN¥231.27 Million | +43.47% |
| 1996-12-31 | CN¥161.20 Million | +5.20% |
| 1995-12-31 | CN¥153.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Jinbin Development'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 78524.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.20 Billion | 37.28% |
| Common Stock | CN¥1.62 Billion | 50.41% |
| Other Components | CN¥394.87 Million | 12.31% |
| Total Equity | CN¥3.21 Billion | 100.00% |
Tianjin Jinbin Development Competitors by Market Cap
The table below lists competitors of Tianjin Jinbin Development ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Nano Products Co. Ltd
KQ:121600
|
$389.95 Million |
|
361 Degrees International Limited
PINK:TSIOF
|
$390.01 Million |
|
Cowealth Medical China Co.Ltd.
SHG:603122
|
$390.05 Million |
|
Shenzhen Soling Industrial Co Ltd
SHE:002766
|
$390.32 Million |
|
Pierre et Vacances SA
PA:VAC
|
$389.62 Million |
|
Stark Technology Inc
TW:2480
|
$389.58 Million |
|
Jiangsu Transimage Technology Co Ltd
SHE:002866
|
$389.57 Million |
|
Hubei Chutian Expressway Co Ltd
SHG:600035
|
$389.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Jinbin Development's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,699,505,867 to 3,207,941,893, a change of 508,436,026 (18.8%).
- Net income of 508,468,849 contributed positively to equity growth.
- Dividend payments of 1,104,262 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥508.47 Million | +15.85% |
| Dividends Paid | CN¥1.10 Million | -0.03% |
| Other Changes | CN¥1.07 Million | +0.03% |
| Total Change | CN¥- | 18.83% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Jinbin Development'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: 1.16x
- 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 24.71x to 1.16x 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¥0.09 | CN¥2.30 | x |
| 1996-12-31 | CN¥0.10 | CN¥2.30 | x |
| 1997-12-31 | CN¥0.14 | CN¥2.30 | x |
| 1998-12-31 | CN¥0.40 | CN¥2.30 | x |
| 1999-12-31 | CN¥0.39 | CN¥2.30 | x |
| 2000-12-31 | CN¥0.39 | CN¥2.30 | x |
| 2001-12-31 | CN¥0.57 | CN¥2.30 | x |
| 2002-12-31 | CN¥0.57 | CN¥2.30 | x |
| 2003-12-31 | CN¥0.58 | CN¥2.30 | x |
| 2004-12-31 | CN¥0.58 | CN¥2.30 | x |
| 2005-12-31 | CN¥0.59 | CN¥2.30 | x |
| 2006-12-31 | CN¥1.59 | CN¥2.30 | x |
| 2007-12-31 | CN¥1.87 | CN¥2.30 | x |
| 2008-12-31 | CN¥1.55 | CN¥2.30 | x |
| 2009-12-31 | CN¥1.33 | CN¥2.30 | x |
| 2010-12-31 | CN¥1.34 | CN¥2.30 | x |
| 2011-12-31 | CN¥1.09 | CN¥2.30 | x |
| 2012-12-31 | CN¥1.14 | CN¥2.30 | x |
| 2013-12-31 | CN¥0.80 | CN¥2.30 | x |
| 2014-12-31 | CN¥0.89 | CN¥2.30 | x |
| 2015-12-31 | CN¥0.77 | CN¥2.30 | x |
| 2016-12-31 | CN¥0.80 | CN¥2.30 | x |
| 2017-12-31 | CN¥0.73 | CN¥2.30 | x |
| 2018-12-31 | CN¥0.65 | CN¥2.30 | x |
| 2019-12-31 | CN¥0.76 | CN¥2.30 | x |
| 2020-12-31 | CN¥0.88 | CN¥2.30 | x |
| 2021-12-31 | CN¥1.18 | CN¥2.30 | x |
| 2022-12-31 | CN¥1.34 | CN¥2.30 | x |
| 2023-12-31 | CN¥1.67 | CN¥2.30 | x |
| 2024-12-31 | CN¥1.98 | CN¥2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Jinbin Development 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): 15.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.96%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.53x
- Recent ROE (15.85%) is above the historical average (4.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 18.04% | 10.79% | 0.82x | 2.04x | CN¥12.11 Million |
| 1996 | 27.74% | 19.45% | 0.55x | 2.58x | CN¥28.41 Million |
| 1997 | 22.11% | 13.00% | 0.56x | 3.04x | CN¥26.59 Million |
| 1998 | 7.89% | 14.49% | 0.35x | 1.56x | CN¥-13.77 Million |
| 1999 | 10.06% | 14.65% | 0.36x | 1.92x | CN¥376.58K |
| 2000 | 9.70% | 16.30% | 0.25x | 2.34x | CN¥-1.88 Million |
| 2001 | 7.12% | 21.08% | 0.15x | 2.25x | CN¥-26.75 Million |
| 2002 | 7.17% | 13.91% | 0.21x | 2.46x | CN¥-26.21 Million |
| 2003 | 1.35% | 2.62% | 0.15x | 3.35x | CN¥-80.72 Million |
| 2004 | 1.93% | 3.27% | 0.17x | 3.38x | CN¥-75.84 Million |
| 2005 | 2.02% | 1.57% | 0.33x | 3.92x | CN¥-76.72 Million |
| 2006 | 2.16% | 4.18% | 0.20x | 2.54x | CN¥-163.17 Million |
| 2007 | 3.43% | 4.42% | 0.25x | 3.11x | CN¥-142.18 Million |
| 2008 | 2.73% | 4.79% | 0.18x | 3.23x | CN¥-160.43 Million |
| 2009 | 0.77% | 0.91% | 0.22x | 3.88x | CN¥-198.73 Million |
| 2010 | 4.41% | 2.78% | 0.45x | 3.52x | CN¥-121.19 Million |
| 2011 | -16.84% | -20.21% | 0.17x | 5.00x | CN¥-474.97 Million |
| 2012 | 3.76% | 2.76% | 0.24x | 5.76x | CN¥-114.72 Million |
| 2013 | -41.38% | -21.16% | 0.31x | 6.26x | CN¥-667.91 Million |
| 2014 | 0.71% | 0.56% | 0.26x | 4.82x | CN¥-132.90 Million |
| 2015 | -14.94% | -25.26% | 0.12x | 5.03x | CN¥-312.27 Million |
| 2016 | 3.62% | 5.27% | 0.13x | 5.16x | CN¥-82.84 Million |
| 2017 | -10.12% | -12.23% | 0.16x | 5.15x | CN¥-237.32 Million |
| 2018 | -14.23% | -96.52% | 0.02x | 6.59x | CN¥-254.40 Million |
| 2019 | 14.24% | 13.57% | 0.19x | 5.65x | CN¥51.85 Million |
| 2020 | 14.14% | 10.93% | 0.27x | 4.87x | CN¥58.92 Million |
| 2021 | 25.56% | 21.67% | 0.32x | 3.63x | CN¥297.35 Million |
| 2022 | 12.10% | 18.53% | 0.17x | 3.79x | CN¥45.71 Million |
| 2023 | 19.44% | 17.13% | 0.49x | 2.31x | CN¥254.91 Million |
| 2024 | 15.85% | 17.96% | 0.58x | 1.53x | CN¥187.67 Million |
Industry Comparison
This section compares Tianjin Jinbin Development's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $9,981,031,371
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Jinbin Development (000897) | CN¥3.17 Billion | 18.04% | 0.41x | $389.72 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |