Tianjin Printronics Circuit Corp (002134) - Net Assets

Latest as of September 2025: CN¥782.08 Million CNY ≈ $114.44 Million USD

Based on the latest financial reports, Tianjin Printronics Circuit Corp (002134) has net assets worth CN¥782.08 Million CNY (≈ $114.44 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¥2.11 Billion ≈ $308.67 Million USD) and total liabilities (CN¥1.33 Billion ≈ $194.23 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 asset resilience ratio of Tianjin Printronics Circuit Corp to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥782.08 Million
% of Total Assets	37.08%
Annual Growth Rate	8.33%
5-Year Change	90.47%
10-Year Change	45.16%
Growth Volatility	43.37

Tianjin Printronics Circuit Corp - Net Assets Trend (2004–2024)

This chart illustrates how Tianjin Printronics Circuit Corp's net assets have evolved over time, based on quarterly financial data. Also explore Tianjin Printronics Circuit Corp assets under control for the complete picture of this company's asset base.

Annual Net Assets for Tianjin Printronics Circuit Corp (2004–2024)

The table below shows the annual net assets of Tianjin Printronics Circuit Corp from 2004 to 2024. For live valuation and market cap data, see how much is Tianjin Printronics Circuit Corp worth.

Year	Net Assets	Change
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 356.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥245.85 Million	51.11%
Other Comprehensive Income	CN¥26.26 Million	5.46%
Other Components	CN¥276.61 Million	57.51%
Total Equity	CN¥480.99 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
Astra Agro Lestari Tbk JK:AALI	$913.51 Million
Jianglong Shipbuilding Co Ltd SHE:300589	$913.53 Million
Shenzhen Zhongzhuang Construction Group Co Ltd SHE:002822	$913.55 Million
Dongfeng Electronic Technology Co Ltd SHG:600081	$913.64 Million
Joeone Co Ltd SHG:601566	$913.19 Million
Friend Co Ltd SHG:605050	$912.99 Million
Nantong Jinghua Pharmaceutical Co Ltd SHE:002349	$912.98 Million
Shenzhen Bingchuan Network Co Ltd SHE:300533	$912.97 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 2023 to 2024, total equity changed from 451,482,538 to 480,991,749, a change of 29,509,211 (6.5%).
Net income of 33,864,374 contributed positively to equity growth.
Dividend payments of 11,368,496 reduced retained earnings.
Other comprehensive income increased equity by 25,664,970.
Other factors decreased equity by 18,651,637.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥33.86 Million	+7.04%
Dividends Paid	CN¥11.37 Million	-2.36%
Other Comprehensive Income	CN¥25.66 Million	+5.34%
Other Changes	CN¥-18.65 Million	-3.88%
Total Change	CN¥-	6.54%

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: 11.88x
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 40.78x to 11.88x 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¥25.32	x
2005-12-31	CN¥0.89	CN¥25.32	x
2006-12-31	CN¥1.33	CN¥25.32	x
2007-12-31	CN¥3.17	CN¥25.32	x
2008-12-31	CN¥2.82	CN¥25.32	x
2009-12-31	CN¥2.48	CN¥25.32	x
2010-12-31	CN¥2.88	CN¥25.32	x
2011-12-31	CN¥2.50	CN¥25.32	x
2012-12-31	CN¥2.48	CN¥25.32	x
2013-12-31	CN¥2.32	CN¥25.32	x
2014-12-31	CN¥2.34	CN¥25.32	x
2015-12-31	CN¥2.17	CN¥25.32	x
2016-12-31	CN¥1.71	CN¥25.32	x
2017-12-31	CN¥1.85	CN¥25.32	x
2018-12-31	CN¥1.53	CN¥25.32	x
2019-12-31	CN¥1.59	CN¥25.32	x
2020-12-31	CN¥1.62	CN¥25.32	x
2021-12-31	CN¥1.73	CN¥25.32	x
2022-12-31	CN¥1.80	CN¥25.32	x
2023-12-31	CN¥1.88	CN¥25.32	x
2024-12-31	CN¥2.13	CN¥25.32	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): 7.04%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.00%
• Asset Turnover: 0.58x
• Equity Multiplier: 4.06x
Recent ROE (7.04%) is above the historical average (1.87%), indicating improving 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	-14.55%	-20.26%	0.54x	1.33x	CN¥-149.61 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

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: $2,249,466,592
Average return on equity (ROE) among peers: 6.42%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tianjin Printronics Circuit Corp (002134)	CN¥782.08 Million	27.64%	1.70x	$913.46 Million
UniTTEC Co Ltd (000925)	$1.22 Billion	2.79%	2.52x	$909.57 Million
Unigroup Guoxin Microelectronics Co Ltd (002049)	$12.39 Billion	9.51%	0.40x	$9.61 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057)	$245.66 Million	4.18%	0.78x	$1.06 Billion
Suzhou Good-Ark Electronics Co Ltd (002079)	$501.66 Million	7.47%	0.41x	$1.39 Billion
Ningbo Kangqiang Electronics Co Ltd (002119)	$629.45 Million	7.50%	0.73x	$1.15 Billion
Tatwah Smartech Co Ltd (002512)	$1.65 Billion	6.18%	0.38x	$701.64 Million
Chutian Dragon Co Ltd (003040)	$1.37 Billion	4.56%	0.48x	$998.01 Million
Jiangsu Huasheng Tianlong Photo (300029)	$1.14 Billion	5.99%	0.16x	$81.27 Million
Nations Technologies Inc (300077)	$1.09 Billion	9.56%	0.85x	$1.97 Billion

About Tianjin Printronics Circuit Corp

SHE:002134 China Semiconductors

Market Cap

$913.46 Million

CN¥6.24 Billion CNY

Market Cap Rank

#9506 Global

#2634 in China

Share Price

CN¥25.32

Change (1 day)

+0.80%

52-Week Range

CN¥18.00 - CN¥28.17

All Time High

CN¥28.17