Tianjin Printronics Circuit Corp (002134) - Net Assets

Latest as of March 2026: CN¥795.59 Million CNY ≈ $116.42 Million USD

Based on the latest financial reports, Tianjin Printronics Circuit Corp (002134) has net assets worth CN¥795.59 Million CNY (≈ $116.42 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¥2.36 Billion ≈ $345.98 Million USD) and total liabilities (CN¥1.57 Billion ≈ $229.56 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 how large is Tianjin Printronics Circuit Corp's balance sheet for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥795.59 Million
% of Total Assets	33.65%
Annual Growth Rate	8.15%
5-Year Change	86.25%
10-Year Change	87.39%
Growth Volatility	42.36

Tianjin Printronics Circuit Corp - Net Assets Trend (2004–2025)

This chart illustrates how Tianjin Printronics Circuit Corp's net assets have evolved over time, based on quarterly financial data. Check Tianjin Printronics Circuit Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Tianjin Printronics Circuit Corp (2004–2025)

The table below shows the annual net assets of Tianjin Printronics Circuit Corp from 2004 to 2025. For live valuation and market cap data, see Tianjin Printronics Circuit Corp (002134) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥793.48 Million ≈ $116.11 Million	+4.66%
2024-12-31	CN¥758.16 Million ≈ $110.94 Million	+3.64%
2023-12-31	CN¥731.51 Million ≈ $107.04 Million	+65.43%
2022-12-31	CN¥442.19 Million ≈ $64.71 Million	+3.79%
2021-12-31	CN¥426.04 Million ≈ $62.34 Million	+7.03%
2020-12-31	CN¥398.06 Million ≈ $58.25 Million	+1.65%
2019-12-31	CN¥391.61 Million ≈ $57.30 Million	+3.50%
2018-12-31	CN¥378.36 Million ≈ $55.37 Million	-13.54%
2017-12-31	CN¥437.62 Million ≈ $64.04 Million	+3.35%
2016-12-31	CN¥423.43 Million ≈ $61.96 Million	-18.93%
2015-12-31	CN¥522.30 Million ≈ $76.43 Million	-8.46%
2014-12-31	CN¥570.60 Million ≈ $83.50 Million	+1.72%
2013-12-31	CN¥560.97 Million ≈ $82.09 Million	-7.99%
2012-12-31	CN¥609.67 Million ≈ $89.21 Million	-12.64%
2011-12-31	CN¥697.91 Million ≈ $102.13 Million	+0.37%
2010-12-31	CN¥695.35 Million ≈ $101.75 Million	-2.59%
2009-12-31	CN¥713.84 Million ≈ $104.46 Million	+0.40%
2008-12-31	CN¥710.96 Million ≈ $104.04 Million	+2.11%
2007-12-31	CN¥696.27 Million ≈ $101.89 Million	+185.92%
2006-12-31	CN¥243.52 Million ≈ $35.63 Million	+28.91%
2005-12-31	CN¥188.90 Million ≈ $27.64 Million	+23.37%
2004-12-31	CN¥153.12 Million ≈ $22.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tianjin Printronics Circuit Corp'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 338.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	CN¥246.54 Million	49.34%
Other Comprehensive Income	CN¥24.74 Million	4.95%
Other Components	CN¥291.33 Million	58.31%
Total Equity	CN¥499.64 Million	100.00%

Tianjin Printronics Circuit Corp Competitors by Market Cap

The table below lists competitors of Tianjin Printronics Circuit Corp ranked by their market capitalization.

Company	Market Cap
BCPG Public Company Limited BK:BCPG	$667.63 Million
Zhongzhu Medical Holdings Co Ltd SHG:600568	$667.81 Million
Yunnan Tourism Co Ltd SHE:002059	$668.16 Million
Brightspire Capital Inc NYSE:BRSP	$668.33 Million
Isgec Heavy Engineering Limited NSE:ISGEC	$667.13 Million
Sok Marketler Ticaret As IS:SOKM	$667.07 Million
Arrow Financial Corporation NASDAQ:AROW	$666.62 Million
Zhejiang Chunhui Intelligent Control Co. Ltd. SHE:300943	$666.59 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tianjin Printronics Circuit Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 480,991,749 to 499,637,782, a change of 18,646,033 (3.9%).
Net income of 4,764,628 contributed positively to equity growth.
Dividend payments of 14,884,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,520,715.
Other factors increased equity by 30,286,120.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥4.76 Million	+0.95%
Dividends Paid	CN¥14.88 Million	-2.98%
Other Comprehensive Income	CN¥-1.52 Million	-0.3%
Other Changes	CN¥30.29 Million	+6.06%
Total Change	CN¥-	3.88%

Book Value vs Market Value Analysis

This analysis compares Tianjin Printronics Circuit Corp'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: 9.07x
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 29.78x to 9.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CN¥0.62	CN¥18.49	x
2005-12-31	CN¥0.89	CN¥18.49	x
2006-12-31	CN¥1.33	CN¥18.49	x
2007-12-31	CN¥3.17	CN¥18.49	x
2008-12-31	CN¥2.82	CN¥18.49	x
2009-12-31	CN¥2.48	CN¥18.49	x
2010-12-31	CN¥2.88	CN¥18.49	x
2011-12-31	CN¥2.50	CN¥18.49	x
2012-12-31	CN¥2.48	CN¥18.49	x
2013-12-31	CN¥2.32	CN¥18.49	x
2014-12-31	CN¥2.34	CN¥18.49	x
2015-12-31	CN¥2.17	CN¥18.49	x
2016-12-31	CN¥1.71	CN¥18.49	x
2017-12-31	CN¥1.85	CN¥18.49	x
2018-12-31	CN¥1.53	CN¥18.49	x
2019-12-31	CN¥1.55	CN¥18.49	x
2020-12-31	CN¥1.84	CN¥18.49	x
2021-12-31	CN¥1.73	CN¥18.49	x
2022-12-31	CN¥1.93	CN¥18.49	x
2023-12-31	CN¥1.88	CN¥18.49	x
2024-12-31	CN¥2.13	CN¥18.49	x
2025-12-31	CN¥2.04	CN¥18.49	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tianjin Printronics Circuit Corp 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): 0.95%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.35%
• Asset Turnover: 0.60x
• Equity Multiplier: 4.55x
Recent ROE (0.95%) is below the historical average (1.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	27.64%	18.03%	0.87x	1.76x	CN¥27.02 Million
2005	18.94%	14.11%	0.72x	1.87x	CN¥16.89 Million
2006	22.39%	15.91%	0.79x	1.78x	CN¥30.17 Million
2007	8.51%	14.56%	0.50x	1.18x	CN¥-10.36 Million
2008	2.48%	3.88%	0.57x	1.13x	CN¥-53.45 Million
2009	0.40%	0.78%	0.44x	1.17x	CN¥-68.51 Million
2010	-2.78%	-3.44%	0.68x	1.19x	CN¥-88.77 Million
2011	0.40%	0.58%	0.56x	1.24x	CN¥-66.94 Million
2012	-14.50%	-20.19%	0.54x	1.33x	CN¥-149.31 Million
2013	-8.61%	-9.37%	0.64x	1.43x	CN¥-104.36 Million
2014	1.71%	1.87%	0.64x	1.43x	CN¥-47.32 Million
2015	-9.24%	-12.58%	0.53x	1.37x	CN¥-100.50 Million
2016	-23.33%	-26.81%	0.60x	1.46x	CN¥-141.19 Million
2017	3.24%	3.29%	0.68x	1.45x	CN¥-29.59 Million
2018	-15.66%	-15.10%	0.67x	1.55x	CN¥-97.11 Million
2019	3.23%	3.03%	0.72x	1.48x	CN¥-26.50 Million
2020	1.63%	1.42%	0.77x	1.49x	CN¥-33.32 Million
2021	6.36%	3.87%	0.89x	1.85x	CN¥-15.52 Million
2022	3.63%	2.77%	0.76x	1.72x	CN¥-28.16 Million
2023	5.85%	4.09%	0.43x	3.33x	CN¥-18.72 Million
2024	7.04%	3.00%	0.58x	4.06x	CN¥-14.23 Million
2025	0.95%	0.35%	0.60x	4.55x	CN¥-45.20 Million

Industry Comparison

This section compares Tianjin Printronics Circuit Corp's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

Industry: Semiconductors
Average net assets among peers: $816,081,558
Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tianjin Printronics Circuit Corp (002134)	CN¥795.59 Million	27.64%	1.97x	$667.35 Million
UniTTEC Co Ltd (000925)	$130.08 Million	16.60%	0.80x	$716.57 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$100.68 Million	17.06%	1.00x	$7.97 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057)	$249.00 Million	4.67%	0.56x	$904.60 Million
Suzhou Good-Ark Electronics Co Ltd (002079)	$470.74 Million	3.57%	0.22x	$1.19 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$629.45 Million	7.50%	0.73x	$1.05 Billion
Tatwah Smartech Co Ltd (002512)	$1.36 Billion	1.48%	2.22x	$611.40 Million
Chutian Dragon Co Ltd (003040)	$1.50 Billion	4.69%	0.35x	$757.11 Million
Jiangsu Huasheng Tianlong Photo (300029)	$200.55 Million	-28.83%	2.09x	$3.52 Million
Nations Technologies Inc (300077)	$2.71 Billion	0.17%	0.05x	$1.40 Billion

About Tianjin Printronics Circuit Corp

SHE:002134 China Semiconductors

Market Cap

$667.35 Million

CN¥4.56 Billion CNY

Market Cap Rank

#10655 Global

#2849 in China

Share Price

CN¥18.49

Change (1 day)

+0.43%

52-Week Range

CN¥18.00 - CN¥32.82

All Time High

CN¥32.82