Tianshui Huatian Technology Co Ltd Net Assets

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

Tianshui Huatian Technology Co Ltd net assets. 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 net asset momentum of Tianshui Huatian Technology Co Ltd to track the company's year-over-year net asset growth rate.

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

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

Net assets of Tianshui Huatian Technology Co Ltd from 2004 to 2025. This chart illustrates how Tianshui Huatian Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Tianshui Huatian Technology Co Ltd balance sheet quality to measure how much of total assets are equity-financed.

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 market cap and overall valuation, see 002185 stock market capitalisation.

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.

Tianshui Huatian Technology Co Ltd Net Assets Breakdown (December 2025)

Tianshui Huatian Technology Co Ltd net assets breakdown by equity component as of 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
HELLENIC TELEC.ORG.ADR1/2 F:OTES	$6.76 Billion
Metlen Energy & Metals PLC LSE:MTLN	$6.76 Billion
Liberty Live Holdings, Inc. Series C Liberty Live Group Common Stock NASDAQ:LLYVK	$6.77 Billion
Alkem Laboratories Limited NSE:ALKEM	$6.77 Billion
NINGBO SHANSHAN GDR/A F:OJ8	$6.75 Billion
Apar Industries Limited NSE:APARINDS	$6.74 Billion
Gaztransport & Technigaz SAS PA:GTT	$6.74 Billion
Yunnan Yuntianhua Co Ltd SHG:600096	$6.74 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: 2.54x
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 109.80x to 2.54x 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¥13.88	x
2005-12-31	CN¥0.17	CN¥13.88	x
2006-12-31	CN¥0.24	CN¥13.88	x
2007-12-31	CN¥0.59	CN¥13.88	x
2008-12-31	CN¥0.48	CN¥13.88	x
2009-12-31	CN¥0.53	CN¥13.88	x
2010-12-31	CN¥0.58	CN¥13.88	x
2011-12-31	CN¥0.82	CN¥13.88	x
2012-12-31	CN¥0.90	CN¥13.88	x
2013-12-31	CN¥1.05	CN¥13.88	x
2014-12-31	CN¥1.39	CN¥13.88	x
2015-12-31	CN¥2.53	CN¥13.88	x
2016-12-31	CN¥2.30	CN¥13.88	x
2017-12-31	CN¥2.51	CN¥13.88	x
2018-12-31	CN¥2.46	CN¥13.88	x
2019-12-31	CN¥3.07	CN¥13.88	x
2020-12-31	CN¥3.10	CN¥13.88	x
2021-12-31	CN¥5.34	CN¥13.88	x
2022-12-31	CN¥4.93	CN¥13.88	x
2023-12-31	CN¥4.94	CN¥13.88	x
2024-12-31	CN¥5.20	CN¥13.88	x
2025-12-31	CN¥5.46	CN¥13.88	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: $11,837,868,127
Average return on equity (ROE) among peers: 7.93%

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	$6.75 Billion
TCL Corp (000100)	$90.06 Billion	4.87%	1.86x	$14.61 Billion
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129)	$1.53 Billion	-6.00%	0.74x	$5.55 Billion
TongFu Microelectronics Co Ltd (002156)	$356.41 Million	25.07%	3.04x	$8.55 Billion
NAURA Technology Group Co Ltd (002371)	$215.75 Million	16.55%	1.41x	$51.70 Billion
Jiangsu Yoke Technology Co Ltd (002409)	$8.13 Billion	6.45%	0.30x	$5.30 Billion
Guangdong Huafeng New Energy Technology Co Ltd (002806)	$1.19 Billion	-0.81%	0.63x	$359.12 Million
Zhejiang Mtcn Technology Co Ltd (003026)	$188.43 Million	16.27%	0.47x	$455.03 Million
Hubei Tech Semiconductors Co (300046)	$645.15 Million	5.00%	0.19x	$719.24 Million
Shanghai Sinyang Semiconductor (300236)	$4.23 Billion	3.95%	0.32x	$3.05 Billion

About Tianshui Huatian Technology Co Ltd

SHE:002185 China Semiconductor Equipment & Materials

Market Cap

$6.75 Billion

CN¥46.13 Billion CNY

Market Cap Rank

#2840 Global

#301 in China

Share Price

CN¥13.88

Change (1 day)

-6.85%

52-Week Range

CN¥10.54 - CN¥25.68

All Time High

CN¥25.68