Shenzhen TVT Digital Technology Co Ltd
Shenzhen TVT Digital Technology Co., Ltd. is involved in the research and development, manufacture, and sales of security video surveillance products in the People's Republic of China and internationally. The company offers HD IP cameras, kits, access control terminals, thermal and HD analog cameras, and PTZ cameras. In addition, the company provides platform products, such as management, transfe… Read more
Shenzhen TVT Digital Technology Co Ltd (002835) - Net Assets
Latest net assets as of September 2025: CN¥1.23 Billion CNY
Based on the latest financial reports, Shenzhen TVT Digital Technology Co Ltd (002835) has net assets worth CN¥1.23 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¥1.55 Billion) and total liabilities (CN¥314.90 Million). 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¥1.23 Billion |
| % of Total Assets | 79.62% |
| Annual Growth Rate | 21.85% |
| 5-Year Change | 57.71% |
| 10-Year Change | 293.1% |
| Growth Volatility | 29.94 |
Shenzhen TVT Digital Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen TVT Digital 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 Shenzhen TVT Digital Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen TVT Digital Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.19 Billion | +13.77% |
| 2023-12-31 | CN¥1.04 Billion | +12.81% |
| 2022-12-31 | CN¥923.76 Million | +11.34% |
| 2021-12-31 | CN¥829.69 Million | +10.37% |
| 2020-12-31 | CN¥751.74 Million | +10.03% |
| 2019-12-31 | CN¥683.19 Million | +5.39% |
| 2018-12-31 | CN¥648.23 Million | -0.39% |
| 2017-12-31 | CN¥650.74 Million | +0.65% |
| 2016-12-31 | CN¥646.53 Million | +114.37% |
| 2015-12-31 | CN¥301.60 Million | +24.97% |
| 2014-12-31 | CN¥241.33 Million | +20.52% |
| 2013-12-31 | CN¥200.25 Million | +45.88% |
| 2012-12-31 | CN¥137.26 Million | +51.23% |
| 2011-12-31 | CN¥90.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen TVT Digital 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 1042.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥675.37 Million | 56.97% |
| Common Stock | CN¥219.49 Million | 18.51% |
| Other Components | CN¥290.71 Million | 24.52% |
| Total Equity | CN¥1.19 Billion | 100.00% |
Shenzhen TVT Digital Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen TVT Digital Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ads Tec Energy PLC
NASDAQ:ADSE
|
$194.80 Million |
|
Zhejiang Ming Jewelry Co Ltd
SHE:002574
|
$194.85 Million |
|
Sampo Corp
TW:1604
|
$194.91 Million |
|
Guangzhou Seagull Kitchen And Bath Products Co Ltd
SHE:002084
|
$194.94 Million |
|
MI Technovation Bhd
KLSE:5286
|
$194.63 Million |
|
ADLINK Technology Inc
TW:6166
|
$194.63 Million |
|
Mo-BRUK S.A
PINK:MBRFF
|
$194.61 Million |
|
PHX Energy Services Corp
OTCQB:PHXHF
|
$194.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen TVT Digital Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,042,105,373 to 1,185,573,425, a change of 143,468,052 (13.8%).
- Net income of 200,465,336 contributed positively to equity growth.
- Dividend payments of 46,328,589 reduced retained earnings.
- Share repurchases of 10,098,010 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥200.47 Million | +16.91% |
| Dividends Paid | CN¥46.33 Million | -3.91% |
| Share Repurchases | CN¥10.10 Million | -0.85% |
| Other Changes | CN¥-570.68K | -0.05% |
| Total Change | CN¥- | 13.77% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen TVT Digital 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: 3.04x
- 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 29.41x to 3.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.56 | CN¥16.54 | x |
| 2012-12-31 | CN¥0.85 | CN¥16.54 | x |
| 2013-12-31 | CN¥1.24 | CN¥16.54 | x |
| 2014-12-31 | CN¥1.50 | CN¥16.54 | x |
| 2015-12-31 | CN¥1.85 | CN¥16.54 | x |
| 2016-12-31 | CN¥3.02 | CN¥16.54 | x |
| 2017-12-31 | CN¥2.86 | CN¥16.54 | x |
| 2018-12-31 | CN¥3.27 | CN¥16.54 | x |
| 2019-12-31 | CN¥3.16 | CN¥16.54 | x |
| 2020-12-31 | CN¥3.48 | CN¥16.54 | x |
| 2021-12-31 | CN¥3.77 | CN¥16.54 | x |
| 2022-12-31 | CN¥4.22 | CN¥16.54 | x |
| 2023-12-31 | CN¥4.77 | CN¥16.54 | x |
| 2024-12-31 | CN¥5.44 | CN¥16.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen TVT Digital 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): 16.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.25%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.26x
- Recent ROE (16.91%) is below the historical average (17.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 49.38% | 18.21% | 1.61x | 1.69x | CN¥35.74 Million |
| 2012 | 41.16% | 15.96% | 1.56x | 1.65x | CN¥42.77 Million |
| 2013 | 31.45% | 15.03% | 1.48x | 1.42x | CN¥42.96 Million |
| 2014 | 17.02% | 10.41% | 1.20x | 1.36x | CN¥16.95 Million |
| 2015 | 19.98% | 12.21% | 1.18x | 1.39x | CN¥30.11 Million |
| 2016 | 9.94% | 12.20% | 0.60x | 1.36x | CN¥-408.84K |
| 2017 | 3.14% | 3.92% | 0.66x | 1.22x | CN¥-44.62 Million |
| 2018 | 0.61% | 0.65% | 0.71x | 1.32x | CN¥-60.85 Million |
| 2019 | 4.57% | 4.91% | 0.69x | 1.36x | CN¥-37.08 Million |
| 2020 | 9.40% | 8.96% | 0.72x | 1.46x | CN¥-4.52 Million |
| 2021 | 10.89% | 9.00% | 0.84x | 1.44x | CN¥7.35 Million |
| 2022 | 11.86% | 11.28% | 0.76x | 1.39x | CN¥17.14 Million |
| 2023 | 14.45% | 13.87% | 0.79x | 1.31x | CN¥46.38 Million |
| 2024 | 16.91% | 17.25% | 0.78x | 1.26x | CN¥81.91 Million |
Industry Comparison
This section compares Shenzhen TVT Digital Technology Co Ltd's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $1,893,800,899
- Average return on equity (ROE) among peers: 12.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen TVT Digital Technology Co Ltd (002835) | CN¥1.23 Billion | 49.38% | 0.26x | $194.68 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $8.43 Billion | 21.66% | 0.82x | $3.97 Billion |
| Shenzhen Infinova Ltd (002528) | $3.67 Billion | 3.78% | 0.49x | $240.84 Million |
| Jade Bird Fire Alarm (002960) | $312.42 Million | 39.55% | 0.76x | $669.57 Million |
| Beijing Telesound Electronics Co Ltd (003004) | $227.69 Million | 31.85% | 0.74x | $135.61 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.33 Billion | -2.95% | 0.14x | $178.64 Million |
| Xiamen Meiya Pico Information (300188) | $850.91 Million | 6.61% | 0.23x | $820.69 Million |
| Joyware Electronics Co Ltd (300270) | $526.66 Million | 7.96% | 0.26x | $365.57 Million |
| Chongqing Mas Sci&Tech (300275) | $894.00 Million | 6.22% | 0.51x | $378.98 Million |
| Sinosun Tech (300333) | $807.95 Million | -2.48% | 0.08x | $392.33 Million |