Tianshui Huatian Technology Co Ltd (002185) - Net Assets

Latest as of March 2026: CN¥21.58 Billion CNY ≈ $3.16 Billion USD

Based on the latest financial reports, Tianshui Huatian Technology Co Ltd (002185) has net assets worth CN¥21.58 Billion CNY (≈ $3.16 Billion 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¥45.15 Billion ≈ $6.61 Billion USD) and total liabilities (CN¥23.57 Billion ≈ $3.45 Billion 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 Tianshui Huatian Technology Co Ltd (002185) total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥21.58 Billion
% of Total Assets 47.79%
Annual Growth Rate 27.35%
5-Year Change 19.59%
10-Year Change 290.24%
Growth Volatility 42.37

Tianshui Huatian Technology Co Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Tianshui Huatian Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Tianshui Huatian Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Tianshui Huatian Technology Co Ltd (2004–2025)

The table below shows the annual net assets of Tianshui Huatian Technology Co Ltd from 2004 to 2025. For live valuation and market cap data, see Tianshui Huatian Technology Co Ltd market cap and net worth.

Year Net Assets Change
2025-12-31 CN¥21.48 Billion
≈ $3.14 Billion		 +5.76%
2024-12-31 CN¥20.31 Billion
≈ $2.97 Billion		 +6.22%
2023-12-31 CN¥19.12 Billion
≈ $2.80 Billion		 -0.39%
2022-12-31 CN¥19.20 Billion
≈ $2.81 Billion		 +6.87%
2021-12-31 CN¥17.96 Billion
≈ $2.63 Billion		 +54.53%
2020-12-31 CN¥11.63 Billion
≈ $1.70 Billion		 +17.20%
2019-12-31 CN¥9.92 Billion
≈ $1.45 Billion		 +52.05%
2018-12-31 CN¥6.52 Billion
≈ $954.62 Million		 +8.81%
2017-12-31 CN¥6.00 Billion
≈ $877.34 Million		 +8.90%
2016-12-31 CN¥5.51 Billion
≈ $805.61 Million		 +4.15%
2015-12-31 CN¥5.29 Billion
≈ $773.54 Million		 +109.37%
2014-12-31 CN¥2.52 Billion
≈ $369.47 Million		 +27.97%
2013-12-31 CN¥1.97 Billion
≈ $288.71 Million		 +28.73%
2012-12-31 CN¥1.53 Billion
≈ $224.27 Million		 +5.81%
2011-12-31 CN¥1.45 Billion
≈ $211.96 Million		 +42.26%
2010-12-31 CN¥1.02 Billion
≈ $149.00 Million		 +10.74%
2009-12-31 CN¥919.50 Million
≈ $134.55 Million		 +9.20%
2008-12-31 CN¥842.00 Million
≈ $123.21 Million		 +6.44%
2007-12-31 CN¥791.05 Million
≈ $115.76 Million		 +183.16%
2006-12-31 CN¥279.37 Million
≈ $40.88 Million		 +51.59%
2005-12-31 CN¥184.30 Million
≈ $26.97 Million		 +37.49%
2004-12-31 CN¥134.05 Million
≈ $19.62 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 30197.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥6.19 Billion 34.77%
Other Components CN¥11.62 Billion 65.23%
Total Equity CN¥17.81 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
Prestige Estates Projects Limited
NSE:PRESTIGE
 $7.53 Billion
Armstrong World Industries Inc
NYSE:AWI
 $7.53 Billion
NEW ORIENTAL EDU.+TECH.G.
F:N1U0
 $7.53 Billion
Qorvo Inc
NASDAQ:QRVO
 $7.54 Billion
Haohua Chemical Science & Technology Corp Ltd
SHG:600378
 $7.52 Billion
INPOST S.A UNSP.ADR/1/2
F:6690
 $7.52 Billion
ICON Public Limited Company
F:IJF
 $7.52 Billion
NISSAN MOTOR SP. ADR/2
F:NISE
 $7.52 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 2024 to 2025, total equity changed from 16,658,594,709 to 17,812,985,255, a change of 1,154,390,546 (6.9%).
  • Net income of 710,508,576 contributed positively to equity growth.
  • Dividend payments of 508,893,475 reduced retained earnings.
  • Other factors increased equity by 952,775,445.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥710.51 Million +3.99%
Dividends Paid CN¥508.89 Million -2.86%
Other Changes CN¥952.78 Million +5.35%
Total Change CN¥- 6.93%

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: 2.83x
  • 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 122.38x to 2.83x 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¥15.47 x
2005-12-31 CN¥0.17 CN¥15.47 x
2006-12-31 CN¥0.24 CN¥15.47 x
2007-12-31 CN¥0.59 CN¥15.47 x
2008-12-31 CN¥0.48 CN¥15.47 x
2009-12-31 CN¥0.53 CN¥15.47 x
2010-12-31 CN¥0.58 CN¥15.47 x
2011-12-31 CN¥0.82 CN¥15.47 x
2012-12-31 CN¥0.90 CN¥15.47 x
2013-12-31 CN¥1.05 CN¥15.47 x
2014-12-31 CN¥1.39 CN¥15.47 x
2015-12-31 CN¥2.53 CN¥15.47 x
2016-12-31 CN¥2.30 CN¥15.47 x
2017-12-31 CN¥2.51 CN¥15.47 x
2018-12-31 CN¥2.46 CN¥15.47 x
2019-12-31 CN¥3.07 CN¥15.47 x
2020-12-31 CN¥3.10 CN¥15.47 x
2021-12-31 CN¥5.34 CN¥15.47 x
2022-12-31 CN¥4.93 CN¥15.47 x
2023-12-31 CN¥4.94 CN¥15.47 x
2024-12-31 CN¥5.20 CN¥15.47 x
2025-12-31 CN¥5.46 CN¥15.47 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): 3.99%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.13%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 2.42x
  • Recent ROE (3.99%) is below the historical average (9.18%), 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 6.67% 5.47% 0.56x 2.16x CN¥-194.51 Million
2019 3.69% 3.54% 0.51x 2.07x CN¥-490.02 Million
2020 8.25% 8.37% 0.43x 2.27x CN¥-148.92 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
2025 3.99% 4.13% 0.40x 2.42x CN¥-1.07 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: $1,799,441,354
  • Average return on equity (ROE) among peers: 10.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tianshui Huatian Technology Co Ltd (002185) CN¥21.58 Billion 17.94% 1.09x $7.52 Billion
TCL Corp (000100) $5.65 Billion 7.00% 2.66x $14.40 Billion
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) $1.58 Billion 8.99% 0.30x $5.22 Billion
TongFu Microelectronics Co Ltd (002156) $356.41 Million 25.07% 3.04x $12.60 Billion
NAURA Technology Group Co Ltd (002371) $290.64 Million 16.98% 1.43x $72.87 Billion
Jiangsu Yoke Technology Co Ltd (002409) $1.56 Billion 2.21% 0.14x $9.32 Billion
Guangdong Huafeng New Energy Technology Co Ltd (002806) $352.03 Million 7.46% 0.51x $385.55 Million
Zhejiang Mtcn Technology Co Ltd (003026) $188.43 Million 16.27% 0.47x $479.68 Million
Hubei Tech Semiconductors Co (300046) $1.06 Billion 1.87% 0.08x $790.88 Million
Shanghai Sinyang Semiconductor (300236) $5.16 Billion 5.82% 0.35x $3.87 Billion

About Tianshui Huatian Technology Co Ltd

SHE:002185 China Semiconductor Equipment & Materials
Market Cap
$7.52 Billion
CN¥51.41 Billion CNY
Market Cap Rank
#2698 Global
#317 in China
Share Price
CN¥15.47
Change (1 day)
+3.76%
52-Week Range
CN¥10.01 - CN¥25.68
All Time High
CN¥25.68
Categories
Companies in China Semiconductor Equipment & Materials Technology AI & Machine Learning
About

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. It offers integrated circuit packaging products, including multiple series such as DIP, SOT, SOP, QFP, QFN/DFN, BGA/LGA, FC, MCM, SiP, WLP, TSV, Bumping, MEMS, FO, PLP, and 2.5D/3D. It … Read more