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. Check tangible equity quality of Tianjin Printronics Circuit Corp to evaluate the tangible quality of the company's equity 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. See Tianjin Printronics Circuit Corp liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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 how much is Tianjin Printronics Circuit Corp worth.

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
Plejd AB (publ)
F:3CA
 $1.09 Billion
Old Second Bancorp Inc
NASDAQ:OSBC
 $1.09 Billion
Mercialys SA
PA:MERY
 $1.09 Billion
Shen Ma Industry Co Ltd
SHG:600810
 $1.09 Billion
Phoenix Education Partners, Inc.
NYSE:PXED
 $1.09 Billion
Beijing E Hualu Info Tech
SHE:300212
 $1.09 Billion
Hankuk Carbon
KO:017960
 $1.09 Billion
West China Cement Limited
F:WFG1
 $1.09 Billion

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: 14.87x
  • 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 48.83x to 14.87x 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¥30.32 x
2005-12-31 CN¥0.89 CN¥30.32 x
2006-12-31 CN¥1.33 CN¥30.32 x
2007-12-31 CN¥3.17 CN¥30.32 x
2008-12-31 CN¥2.82 CN¥30.32 x
2009-12-31 CN¥2.48 CN¥30.32 x
2010-12-31 CN¥2.88 CN¥30.32 x
2011-12-31 CN¥2.50 CN¥30.32 x
2012-12-31 CN¥2.48 CN¥30.32 x
2013-12-31 CN¥2.32 CN¥30.32 x
2014-12-31 CN¥2.34 CN¥30.32 x
2015-12-31 CN¥2.17 CN¥30.32 x
2016-12-31 CN¥1.71 CN¥30.32 x
2017-12-31 CN¥1.85 CN¥30.32 x
2018-12-31 CN¥1.53 CN¥30.32 x
2019-12-31 CN¥1.55 CN¥30.32 x
2020-12-31 CN¥1.84 CN¥30.32 x
2021-12-31 CN¥1.73 CN¥30.32 x
2022-12-31 CN¥1.93 CN¥30.32 x
2023-12-31 CN¥1.88 CN¥30.32 x
2024-12-31 CN¥2.13 CN¥30.32 x
2025-12-31 CN¥2.04 CN¥30.32 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): 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: $774,634,118
  • Average return on equity (ROE) among peers: 10.00%

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 $1.09 Billion
UniTTEC Co Ltd (000925) $3.09 Billion 1.86% 1.43x $807.63 Million
Unigroup Guoxin Microelectronics Co Ltd (002049) $87.45 Million 17.73% 0.92x $9.99 Billion
Sinosteel Anhui Tianyuan Technology Co Ltd (002057) $238.46 Million 1.47% 0.52x $1.34 Billion
Suzhou Good-Ark Electronics Co Ltd (002079) $150.59 Million 29.58% 0.75x $1.83 Billion
Ningbo Kangqiang Electronics Co Ltd (002119) $552.98 Million 1.15% 0.72x $1.90 Billion
Tatwah Smartech Co Ltd (002512) $318.94 Million -63.28% 6.24x $640.43 Million
Chutian Dragon Co Ltd (003040) $916.47 Million 6.34% 0.58x $791.53 Million
Jiangsu Huasheng Tianlong Photo (300029) $63.06 Million 81.02% 3.66x $5.87 Million
Nations Technologies Inc (300077) $1.55 Billion 14.11% 0.72x $1.99 Billion

About Tianjin Printronics Circuit Corp

SHE:002134 China Semiconductors
Market Cap
$1.09 Billion
CN¥7.48 Billion CNY
Market Cap Rank
#8688 Global
#2159 in China
Share Price
CN¥30.32
Change (1 day)
+1.81%
52-Week Range
CN¥18.00 - CN¥32.82
All Time High
CN¥32.82
Categories
Companies in China Semiconductors Technology AI & Machine Learning
About

Tianjin Printronics Circuit Corporation engages in the research and development, production, and sales of printed circuit boards (PCBs) in the People's Republic of China and internationally. The company offers step board, immersion silver surface, single-sided and double-sided boards, immersion tin surface, multi-layer PCB with different solder mask colors, multi-layer board with black solder mas… Read more