Shenzhen TVT Digital Technology Co Ltd (002835) - Net Assets
Based on the latest financial reports, Shenzhen TVT Digital Technology Co Ltd (002835) has net assets worth CN¥1.28 Billion CNY (≈ $186.78 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¥1.60 Billion ≈ $233.48 Million USD) and total liabilities (CN¥319.14 Million ≈ $46.70 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 002835 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.28 Billion |
| % of Total Assets | 80.0% |
| Annual Growth Rate | 20.61% |
| 5-Year Change | 50.75% |
| 10-Year Change | 93.46% |
| Growth Volatility | 29.27 |
Shenzhen TVT Digital Technology Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Shenzhen TVT Digital Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Shenzhen TVT Digital Technology Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen TVT Digital Technology Co Ltd (2011–2025)
The table below shows the annual net assets of Shenzhen TVT Digital Technology Co Ltd from 2011 to 2025. For live valuation and market cap data, see 002835 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.25 Billion ≈ $183.03 Million |
+5.50% |
| 2024-12-31 | CN¥1.19 Billion ≈ $173.49 Million |
+13.77% |
| 2023-12-31 | CN¥1.04 Billion ≈ $152.49 Million |
+12.81% |
| 2022-12-31 | CN¥923.76 Million ≈ $135.18 Million |
+11.34% |
| 2021-12-31 | CN¥829.69 Million ≈ $121.41 Million |
+10.37% |
| 2020-12-31 | CN¥751.74 Million ≈ $110.00 Million |
+10.03% |
| 2019-12-31 | CN¥683.19 Million ≈ $99.97 Million |
+5.39% |
| 2018-12-31 | CN¥648.23 Million ≈ $94.86 Million |
-0.39% |
| 2017-12-31 | CN¥650.74 Million ≈ $95.22 Million |
+0.65% |
| 2016-12-31 | CN¥646.53 Million ≈ $94.61 Million |
+114.37% |
| 2015-12-31 | CN¥301.60 Million ≈ $44.13 Million |
+24.97% |
| 2014-12-31 | CN¥241.33 Million ≈ $35.31 Million |
+20.52% |
| 2013-12-31 | CN¥200.25 Million ≈ $29.30 Million |
+45.88% |
| 2012-12-31 | CN¥137.26 Million ≈ $20.09 Million |
+51.23% |
| 2011-12-31 | CN¥90.77 Million ≈ $13.28 Million |
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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 1137.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥731.97 Million | 58.52% |
| Other Components | CN¥518.78 Million | 41.48% |
| Total Equity | CN¥1.25 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 |
|---|---|
|
Metrogas SA
BA:METR
|
$396.71 Million |
|
FuJian YanJing HuiQuan Brewery Co Ltd
SHG:600573
|
$396.92 Million |
|
John Wiley & Sons B
NYSE:WLYB
|
$397.02 Million |
|
Guangzhou Jinyi Media Corp
SHE:002905
|
$397.04 Million |
|
Farmers & Merchants Bancorp Inc
NASDAQ:FMAO
|
$396.55 Million |
|
Lotte Non-Life
KO:000400
|
$396.54 Million |
|
Guangdong Failong Crystal Technology Co Ltd
SHE:300460
|
$396.52 Million |
|
Kedge Construction Co Ltd
TW:2546
|
$396.42 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 2024 to 2025, total equity changed from 1,185,573,425 to 1,250,757,123, a change of 65,183,698 (5.5%).
- Net income of 139,353,452 contributed positively to equity growth.
- Dividend payments of 70,794,760 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥139.35 Million | +11.14% |
| Dividends Paid | CN¥70.79 Million | -5.66% |
| Other Changes | CN¥-3.37 Million | -0.27% |
| Total Change | CN¥- | 5.50% |
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: 2.17x
- 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 21.96x to 2.17x 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¥12.35 | x |
| 2012-12-31 | CN¥0.85 | CN¥12.35 | x |
| 2013-12-31 | CN¥1.24 | CN¥12.35 | x |
| 2014-12-31 | CN¥1.50 | CN¥12.35 | x |
| 2015-12-31 | CN¥1.85 | CN¥12.35 | x |
| 2016-12-31 | CN¥3.02 | CN¥12.35 | x |
| 2017-12-31 | CN¥2.86 | CN¥12.35 | x |
| 2018-12-31 | CN¥3.27 | CN¥12.35 | x |
| 2019-12-31 | CN¥3.06 | CN¥12.35 | x |
| 2020-12-31 | CN¥3.51 | CN¥12.35 | x |
| 2021-12-31 | CN¥3.77 | CN¥12.35 | x |
| 2022-12-31 | CN¥4.22 | CN¥12.35 | x |
| 2023-12-31 | CN¥4.77 | CN¥12.35 | x |
| 2024-12-31 | CN¥5.44 | CN¥12.35 | x |
| 2025-12-31 | CN¥5.70 | CN¥12.35 | 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): 11.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.51%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.32x
- Recent ROE (11.14%) is below the historical average (16.79%), 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¥-408.83K |
| 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 |
| 2025 | 11.14% | 12.51% | 0.68x | 1.32x | CN¥14.28 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: $2,658,061,427
- Average return on equity (ROE) among peers: 14.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen TVT Digital Technology Co Ltd (002835) | CN¥1.28 Billion | 49.38% | 0.25x | $396.67 Million |
| Zhejiang Dahua Technology Co Ltd (002236) | $12.90 Billion | 19.60% | 1.04x | $7.83 Billion |
| Shenzhen Infinova Ltd (002528) | $2.18 Billion | 2.84% | 0.10x | $826.15 Million |
| Jade Bird Fire Alarm (002960) | $587.03 Million | 34.61% | 0.69x | $1.41 Billion |
| Beijing Telesound Electronics Co Ltd (003004) | $227.69 Million | 31.85% | 0.74x | $828.23 Million |
| Hangzhou Century Co Ltd (300078) | $2.11 Billion | 6.17% | 0.37x | $520.18 Million |
| Guangdong Anjubao Digital Tech (300155) | $1.02 Billion | 5.80% | 0.07x | $351.50 Million |
| Xiamen Meiya Pico Information (300188) | $4.31 Billion | 3.43% | 0.37x | $1.28 Billion |
| Joyware Electronics Co Ltd (300270) | $50.09 Million | 36.16% | 0.29x | $516.21 Million |
| Chongqing Mas Sci&Tech (300275) | $530.53 Million | -13.18% | 0.74x | $390.31 Million |
About 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