Tianshui Huatian Technology Co Ltd
Tianshui Huatian Technology Co., Ltd., together with its subsidiaries, engages in research, development, production, packaging, testing, and sales of semiconductor integrated circuits in China and internationally. The company offers light-emitting diodes; lead frame, substrate, system in package, wafer level fan-out, memory, micro-electromechanical system (MEMS), dual in-line, out-line transistor… Read more
Tianshui Huatian Technology Co Ltd (002185) - Net Assets
Latest net assets as of September 2025: CN¥21.18 Billion CNY
Based on the latest financial reports, Tianshui Huatian Technology Co Ltd (002185) has net assets worth CN¥21.18 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¥42.96 Billion) and total liabilities (CN¥21.78 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¥21.18 Billion |
| % of Total Assets | 49.3% |
| Annual Growth Rate | 28.54% |
| 5-Year Change | 74.74% |
| 10-Year Change | 284.29% |
| Growth Volatility | 43.15 |
Tianshui Huatian Technology Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Tianshui Huatian Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tianshui Huatian Technology Co Ltd (2004–2024)
The table below shows the annual net assets of Tianshui Huatian Technology Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥20.31 Billion | +6.22% |
| 2023-12-31 | CN¥19.12 Billion | -0.39% |
| 2022-12-31 | CN¥19.20 Billion | +6.87% |
| 2021-12-31 | CN¥17.96 Billion | +54.52% |
| 2020-12-31 | CN¥11.63 Billion | +17.21% |
| 2019-12-31 | CN¥9.92 Billion | +55.59% |
| 2018-12-31 | CN¥6.37 Billion | +6.33% |
| 2017-12-31 | CN¥6.00 Billion | +8.90% |
| 2016-12-31 | CN¥5.51 Billion | +4.15% |
| 2015-12-31 | CN¥5.29 Billion | +109.37% |
| 2014-12-31 | CN¥2.52 Billion | +27.97% |
| 2013-12-31 | CN¥1.97 Billion | +28.73% |
| 2012-12-31 | CN¥1.53 Billion | +5.81% |
| 2011-12-31 | CN¥1.45 Billion | +42.26% |
| 2010-12-31 | CN¥1.02 Billion | +10.74% |
| 2009-12-31 | CN¥919.50 Million | +9.20% |
| 2008-12-31 | CN¥842.00 Million | +6.44% |
| 2007-12-31 | CN¥791.05 Million | +183.16% |
| 2006-12-31 | CN¥279.37 Million | +51.59% |
| 2005-12-31 | CN¥184.30 Million | +37.49% |
| 2004-12-31 | CN¥134.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianshui Huatian Technology 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 27744.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.69 Billion | 34.16% |
| Common Stock | CN¥3.20 Billion | 19.24% |
| Other Components | CN¥7.76 Billion | 46.60% |
| Total Equity | CN¥16.66 Billion | 100.00% |
Tianshui Huatian Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Tianshui Huatian Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kingdee International Software Group Company Limited
PINK:KGDEF
|
$4.61 Billion |
|
Canadian Utilities Limited
PINK:CUTLF
|
$4.62 Billion |
|
New Jersey Resources Corporation
F:NJ1
|
$4.62 Billion |
|
Yunnan Tin Co Ltd
SHE:000960
|
$4.62 Billion |
|
Zhejiang Longsheng Group Co Ltd
SHG:600352
|
$4.60 Billion |
|
Kanzhun Limited
F:8JN0
|
$4.60 Billion |
|
HIMS+HERS HERS A DL-0001
F:82W
|
$4.59 Billion |
|
Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
|
$4.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianshui Huatian Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,849,983,538 to 16,658,594,709, a change of 808,611,171 (5.1%).
- Net income of 616,251,026 contributed positively to equity growth.
- Dividend payments of 389,914,931 reduced retained earnings.
- Other comprehensive income decreased equity by 291,140,222.
- Other factors increased equity by 873,415,298.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥616.25 Million | +3.7% |
| Dividends Paid | CN¥389.91 Million | -2.34% |
| Other Comprehensive Income | CN¥-291.14 Million | -1.75% |
| Other Changes | CN¥873.42 Million | +5.24% |
| Total Change | CN¥- | 5.10% |
Book Value vs Market Value Analysis
This analysis compares Tianshui Huatian Technology 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: 2.60x
- 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 106.72x to 2.60x 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¥0.13 | CN¥13.49 | x |
| 2005-12-31 | CN¥0.17 | CN¥13.49 | x |
| 2006-12-31 | CN¥0.24 | CN¥13.49 | x |
| 2007-12-31 | CN¥0.59 | CN¥13.49 | x |
| 2008-12-31 | CN¥0.48 | CN¥13.49 | x |
| 2009-12-31 | CN¥0.53 | CN¥13.49 | x |
| 2010-12-31 | CN¥0.58 | CN¥13.49 | x |
| 2011-12-31 | CN¥0.82 | CN¥13.49 | x |
| 2012-12-31 | CN¥0.81 | CN¥13.49 | x |
| 2013-12-31 | CN¥0.94 | CN¥13.49 | x |
| 2014-12-31 | CN¥1.24 | CN¥13.49 | x |
| 2015-12-31 | CN¥2.26 | CN¥13.49 | x |
| 2016-12-31 | CN¥2.06 | CN¥13.49 | x |
| 2017-12-31 | CN¥2.24 | CN¥13.49 | x |
| 2018-12-31 | CN¥2.39 | CN¥13.49 | x |
| 2019-12-31 | CN¥2.84 | CN¥13.49 | x |
| 2020-12-31 | CN¥3.10 | CN¥13.49 | x |
| 2021-12-31 | CN¥5.34 | CN¥13.49 | x |
| 2022-12-31 | CN¥4.93 | CN¥13.49 | x |
| 2023-12-31 | CN¥4.94 | CN¥13.49 | x |
| 2024-12-31 | CN¥5.20 | CN¥13.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianshui Huatian Technology 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): 3.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.26%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.30x
- Recent ROE (3.70%) is below the historical average (9.43%), 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 | 17.94% | 11.20% | 0.70x | 2.29x | CN¥10.64 Million |
| 2005 | 21.03% | 12.35% | 0.75x | 2.28x | CN¥20.32 Million |
| 2006 | 22.06% | 12.02% | 0.81x | 2.27x | CN¥33.68 Million |
| 2007 | 10.25% | 11.86% | 0.58x | 1.50x | CN¥2.00 Million |
| 2008 | 8.17% | 9.23% | 0.64x | 1.37x | CN¥-15.34 Million |
| 2009 | 8.42% | 9.92% | 0.59x | 1.43x | CN¥-14.44 Million |
| 2010 | 11.04% | 9.63% | 0.67x | 1.72x | CN¥10.50 Million |
| 2011 | 5.47% | 6.03% | 0.57x | 1.60x | CN¥-65.36 Million |
| 2012 | 7.94% | 7.46% | 0.64x | 1.68x | CN¥-31.33 Million |
| 2013 | 11.22% | 8.14% | 0.69x | 2.00x | CN¥21.60 Million |
| 2014 | 12.39% | 9.02% | 0.79x | 1.73x | CN¥57.46 Million |
| 2015 | 6.85% | 8.22% | 0.55x | 1.52x | CN¥-146.36 Million |
| 2016 | 7.96% | 7.14% | 0.71x | 1.56x | CN¥-99.89 Million |
| 2017 | 9.26% | 7.06% | 0.75x | 1.75x | CN¥-39.53 Million |
| 2018 | 6.85% | 5.47% | 0.57x | 2.19x | CN¥-179.63 Million |
| 2019 | 3.69% | 3.54% | 0.51x | 2.07x | CN¥-490.02 Million |
| 2020 | 8.25% | 8.37% | 0.43x | 2.27x | CN¥-148.95 Million |
| 2021 | 9.41% | 11.70% | 0.40x | 1.99x | CN¥-89.27 Million |
| 2022 | 4.78% | 6.33% | 0.38x | 1.96x | CN¥-824.96 Million |
| 2023 | 1.43% | 2.00% | 0.33x | 2.13x | CN¥-1.36 Billion |
| 2024 | 3.70% | 4.26% | 0.38x | 2.30x | CN¥-1.05 Billion |
Industry Comparison
This section compares Tianshui Huatian Technology Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $20,731,558,004
- Average return on equity (ROE) among peers: 9.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianshui Huatian Technology Co Ltd (002185) | CN¥21.18 Billion | 17.94% | 1.03x | $4.61 Billion |
| TCL Corp (000100) | $132.14 Billion | 0.20% | 1.72x | $11.00 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $470.47 Million | 28.36% | 1.12x | $193.39 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.32x | $3.68 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $6.97 Billion |
| NAURA Technology Group Co Ltd (002371) | $3.36 Billion | 2.76% | 0.94x | $23.27 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.25 Billion | 6.30% | 0.11x | $3.07 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.01 Billion | 8.50% | 1.05x | $204.60 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $44.34 Million | 1.04% | 0.46x | $308.98 Million |
| Hubei Tech Semiconductors Co (300046) | $1.03 Billion | 4.28% | 0.07x | $823.72 Million |