Tes Touch Embedded Solutions (003019) - Net Assets

Latest as of March 2026: CN¥1.80 Billion CNY ≈ $262.69 Million USD

Based on the latest financial reports, Tes Touch Embedded Solutions (003019) has net assets worth CN¥1.80 Billion CNY (≈ $262.69 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¥2.97 Billion ≈ $434.56 Million USD) and total liabilities (CN¥1.17 Billion ≈ $171.87 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 003019 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¥1.80 Billion
% of Total Assets	60.45%
Annual Growth Rate	24.47%
5-Year Change	36.38%
10-Year Change	N/A
Growth Volatility	43.12

Tes Touch Embedded Solutions - Net Assets Trend (2016–2025)

This chart illustrates how Tes Touch Embedded Solutions's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Tes Touch Embedded Solutions to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Tes Touch Embedded Solutions (2016–2025)

The table below shows the annual net assets of Tes Touch Embedded Solutions from 2016 to 2025. For live valuation and market cap data, see Tes Touch Embedded Solutions (003019) total market value.

Year	Net Assets	Change
2025-12-31	CN¥1.79 Billion ≈ $261.27 Million	+11.22%
2024-12-31	CN¥1.61 Billion ≈ $234.92 Million	+0.25%
2023-12-31	CN¥1.60 Billion ≈ $234.34 Million	+5.26%
2022-12-31	CN¥1.52 Billion ≈ $222.62 Million	+16.21%
2021-12-31	CN¥1.31 Billion ≈ $191.58 Million	+8.19%
2020-12-31	CN¥1.21 Billion ≈ $177.08 Million	+148.90%
2019-12-31	CN¥486.19 Million ≈ $71.15 Million	+22.41%
2018-12-31	CN¥397.17 Million ≈ $58.12 Million	+25.69%
2017-12-31	CN¥316.00 Million ≈ $46.24 Million	+26.91%
2016-12-31	CN¥248.99 Million ≈ $36.43 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tes Touch Embedded Solutions'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 339.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥618.75 Million	36.23%
Common Stock	CN¥176.77 Million	10.35%
Other Comprehensive Income	CN¥304.13 Million	17.81%
Other Components	CN¥608.03 Million	35.61%
Total Equity	CN¥1.71 Billion	100.00%

Tes Touch Embedded Solutions Competitors by Market Cap

The table below lists competitors of Tes Touch Embedded Solutions ranked by their market capitalization.

Company	Market Cap
Archicom S.A. WAR:ARH	$853.24 Million
Theravance Biopharma Inc NASDAQ:TBPH	$853.75 Million
Shenzhen Jinjia Color Printing Group Co Ltd SHE:002191	$854.01 Million
Zhejiang He Chuan Technology Corp. Ltd. A SHG:688320	$854.09 Million
G-Shank Enterprise Co Ltd TW:2476	$853.09 Million
Nanjing CIGU Technology Corp. Ltd. A SHG:688448	$852.92 Million
Shanghai Datun Energy Resources Co Ltd SHG:600508	$852.40 Million
Shanghai Fengyuzhu Exhibition Co Ltd Class A SHG:603466	$852.08 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tes Touch Embedded Solutions's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,527,224,315 to 1,707,668,456, a change of 180,444,141 (11.8%).
Net income of 194,182,433 contributed positively to equity growth.
Dividend payments of 102,553,565 reduced retained earnings.
Other comprehensive income increased equity by 304,128,267.
Other factors decreased equity by 215,312,994.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥194.18 Million	+11.37%
Dividends Paid	CN¥102.55 Million	-6.01%
Other Comprehensive Income	CN¥304.13 Million	+17.81%
Other Changes	CN¥-215.31 Million	-12.61%
Total Change	CN¥-	11.82%

Book Value vs Market Value Analysis

This analysis compares Tes Touch Embedded Solutions'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: 3.32x
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 16.48x to 3.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	CN¥2.00	CN¥32.95	x
2017-12-31	CN¥2.54	CN¥32.95	x
2018-12-31	CN¥3.12	CN¥32.95	x
2019-12-31	CN¥3.81	CN¥32.95	x
2020-12-31	CN¥9.26	CN¥32.95	x
2021-12-31	CN¥7.74	CN¥32.95	x
2022-12-31	CN¥8.89	CN¥32.95	x
2023-12-31	CN¥9.36	CN¥32.95	x
2024-12-31	CN¥8.93	CN¥32.95	x
2025-12-31	CN¥9.94	CN¥32.95	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tes Touch Embedded Solutions 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): 11.37%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.70%
• Asset Turnover: 0.90x
• Equity Multiplier: 1.64x
Recent ROE (11.37%) is below the historical average (20.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	49.38%	10.05%	2.43x	2.02x	CN¥98.05 Million
2017	22.78%	6.40%	2.12x	1.68x	CN¥40.39 Million
2018	30.16%	9.37%	1.86x	1.73x	CN¥80.05 Million
2019	30.26%	11.13%	1.65x	1.65x	CN¥98.52 Million
2020	9.19%	9.31%	0.80x	1.23x	CN¥-9.83 Million
2021	11.53%	9.48%	0.85x	1.43x	CN¥19.97 Million
2022	17.14%	14.39%	0.98x	1.22x	CN¥108.64 Million
2023	9.94%	9.47%	0.85x	1.23x	CN¥-963.48K
2024	12.32%	8.50%	0.89x	1.62x	CN¥35.36 Million
2025	11.37%	7.70%	0.90x	1.64x	CN¥23.42 Million

Industry Comparison

This section compares Tes Touch Embedded Solutions's net assets metrics with peer companies in the Electronic Components industry.

Industry Context

Industry: Electronic Components
Average net assets among peers: $21,404,927,234
Average return on equity (ROE) among peers: 44.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tes Touch Embedded Solutions (003019)	CN¥1.80 Billion	49.38%	0.65x	$853.20 Million
Shenzhen Zhongheng Huafa Co Ltd Class A (000020)	$276.94 Million	3.75%	1.41x	$305.93 Million
Shenzhen Desay Battery Technology Co Ltd (000049)	$202.23 Million	1.58%	1.20x	$1.35 Billion
Shenzhen Huakong Seg Co Ltd (000068)	$116.44 Million	-93.06%	2.61x	$481.70 Million
CPT Technology Group Co Ltd (000536)	$52.05 Million	490.89%	0.65x	$1.46 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd (000636)	$5.53 Billion	18.40%	0.27x	$12.63 Billion
Xiamen Xindeco Ltd (000701)	$920.35 Million	5.21%	1.79x	$491.49 Million
BOE Technology Group Co Ltd (000725)	$197.80 Billion	1.29%	1.12x	$34.84 Billion
China Zhenhua Group Science & Technology Co Ltd (000733)	$2.43 Billion	3.50%	0.53x	$4.85 Billion
Beijing Zhong Ke San Huan High-Tech Co Ltd (000970)	$5.48 Billion	2.36%	0.29x	$2.66 Billion
Guizhou Space Appliance Co Ltd (002025)	$1.25 Billion	7.05%	0.10x	$4.23 Billion

About Tes Touch Embedded Solutions

SHE:003019 China Electronic Components

Market Cap

$853.20 Million

CN¥5.83 Billion CNY

Market Cap Rank

#9776 Global

#2594 in China

Share Price

CN¥32.95

Change (1 day)

-5.91%

52-Week Range

CN¥29.24 - CN¥44.26

All Time High

CN¥44.26