TsannKuen (China) Enterprise Co. Ltd
Tsann Kuen (China) Enterprise Co., Ltd., together with its subsidiaries, develops, produces, manufactures, and sells small home appliances of gourmet cooking, home helper, tea, and coffee in Australia, Africa, America, Europe, and Asia. It operates through Small Home Appliance Manufacturing; and Other Services segments. The company designs and manufactures molds for related products; and provides… Read more
TsannKuen (China) Enterprise Co. Ltd (200512) - Net Assets
Latest net assets as of June 2025: HK$1.54 Billion HKD
Based on the latest financial reports, TsannKuen (China) Enterprise Co. Ltd (200512) has net assets worth HK$1.54 Billion HKD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$2.48 Billion) and total liabilities (HK$938.16 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 | HK$1.54 Billion |
| % of Total Assets | 62.16% |
| Annual Growth Rate | 4.65% |
| 5-Year Change | 20.63% |
| 10-Year Change | 71.02% |
| Growth Volatility | 28.83 |
TsannKuen (China) Enterprise Co. Ltd - Net Assets Trend (1995–2024)
This chart illustrates how TsannKuen (China) Enterprise 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 TsannKuen (China) Enterprise Co. Ltd (1995–2024)
The table below shows the annual net assets of TsannKuen (China) Enterprise Co. Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | HK$1.57 Billion | +2.26% |
| 2023-12-31 | HK$1.53 Billion | +2.99% |
| 2022-12-31 | HK$1.49 Billion | +6.78% |
| 2021-12-31 | HK$1.40 Billion | +7.26% |
| 2020-12-31 | HK$1.30 Billion | +11.43% |
| 2019-12-31 | HK$1.17 Billion | +14.84% |
| 2018-12-31 | HK$1.02 Billion | +7.75% |
| 2017-12-31 | HK$943.27 Million | -0.88% |
| 2016-12-31 | HK$951.68 Million | +3.73% |
| 2015-12-31 | HK$917.43 Million | +1.71% |
| 2014-12-31 | HK$902.01 Million | +3.19% |
| 2013-12-31 | HK$874.09 Million | +3.21% |
| 2012-12-31 | HK$846.89 Million | +1.98% |
| 2011-12-31 | HK$830.41 Million | -0.97% |
| 2010-12-31 | HK$838.50 Million | +11.25% |
| 2009-12-31 | HK$753.68 Million | +10.64% |
| 2008-12-31 | HK$681.19 Million | +9.11% |
| 2007-12-31 | HK$624.33 Million | +124.74% |
| 2006-12-31 | HK$277.80 Million | -80.33% |
| 2005-12-31 | HK$1.41 Billion | -15.66% |
| 2004-12-31 | HK$1.67 Billion | +6.32% |
| 2003-12-31 | HK$1.58 Billion | +13.19% |
| 2002-12-31 | HK$1.39 Billion | +23.00% |
| 2001-12-31 | HK$1.13 Billion | +12.07% |
| 2000-12-31 | HK$1.01 Billion | +43.82% |
| 1999-12-31 | HK$702.04 Million | +19.48% |
| 1998-12-31 | HK$587.56 Million | +11.48% |
| 1997-12-31 | HK$527.07 Million | +15.74% |
| 1996-12-31 | HK$455.38 Million | +8.35% |
| 1995-12-31 | HK$420.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TsannKuen (China) Enterprise 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 52751851700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | HK$527.52 Million | 47.85% |
| Common Stock | HK$185.39 Million | 16.82% |
| Other Components | HK$389.49 Million | 35.33% |
| Total Equity | HK$1.10 Billion | 100.00% |
TsannKuen (China) Enterprise Co. Ltd Competitors by Market Cap
The table below lists competitors of TsannKuen (China) Enterprise Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nasmedia Co. Ltd
KQ:089600
|
$36.32 Million |
|
VERA KONSEPT GMYO
IS:VRGYO
|
$36.32 Million |
|
Playmates Toys Ltd
PINK:PMTYF
|
$36.34 Million |
|
FinLab AG
F:A7A
|
$36.34 Million |
|
Futebol Clube do Porto - Futebol S.A.D.
LS:FCP
|
$36.29 Million |
|
Arla Plast AB
ST:ARPL
|
$36.28 Million |
|
Bm Technologies Inc
NYSE MKT:BMTX
|
$36.27 Million |
|
Technical Olympic S.A
AT:OLYMP
|
$36.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TsannKuen (China) Enterprise Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,074,939,223 to 1,102,399,642, a change of 27,460,419 (2.6%).
- Net income of 72,782,642 contributed positively to equity growth.
- Dividend payments of 51,794,974 reduced retained earnings.
- Other comprehensive income decreased equity by 96,990,357.
- Other factors increased equity by 103,463,108.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | HK$72.78 Million | +6.6% |
| Dividends Paid | HK$51.79 Million | -4.7% |
| Other Comprehensive Income | HK$-96.99 Million | -8.8% |
| Other Changes | HK$103.46 Million | +9.39% |
| Total Change | HK$- | 2.55% |
Book Value vs Market Value Analysis
This analysis compares TsannKuen (China) Enterprise 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: 0.50x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.72x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | HK$1.10 | HK$2.98 | x |
| 2007-12-31 | HK$1.63 | HK$2.98 | x |
| 2008-12-31 | HK$1.94 | HK$2.98 | x |
| 2009-12-31 | HK$2.25 | HK$2.98 | x |
| 2010-12-31 | HK$2.58 | HK$2.98 | x |
| 2011-12-31 | HK$1.83 | HK$2.98 | x |
| 2012-12-31 | HK$2.73 | HK$2.98 | x |
| 2013-12-31 | HK$2.77 | HK$2.98 | x |
| 2014-12-31 | HK$2.98 | HK$2.98 | x |
| 2015-12-31 | HK$3.07 | HK$2.98 | x |
| 2016-12-31 | HK$3.29 | HK$2.98 | x |
| 2017-12-31 | HK$3.25 | HK$2.98 | x |
| 2018-12-31 | HK$3.29 | HK$2.98 | x |
| 2019-12-31 | HK$4.06 | HK$2.98 | x |
| 2020-12-31 | HK$4.64 | HK$2.98 | x |
| 2021-12-31 | HK$5.16 | HK$2.98 | x |
| 2022-12-31 | HK$5.61 | HK$2.98 | x |
| 2023-12-31 | HK$5.80 | HK$2.98 | x |
| 2024-12-31 | HK$5.95 | HK$2.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TsannKuen (China) Enterprise 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): 6.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.28%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.39x
- Recent ROE (6.60%) is above the historical average (-4.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 15.95% | 11.51% | 0.95x | 1.47x | HK$24.56 Million |
| 1995 | 8.73% | 4.58% | 1.01x | 1.88x | HK$-5.22 Million |
| 1996 | 10.20% | 5.18% | 0.93x | 2.11x | HK$919.34K |
| 1997 | 15.79% | 7.22% | 1.21x | 1.80x | HK$30.53 Million |
| 1998 | 13.87% | 6.21% | 0.98x | 2.27x | HK$22.72 Million |
| 1999 | 18.88% | 7.47% | 0.91x | 2.77x | HK$62.31 Million |
| 2000 | 20.76% | 7.34% | 1.01x | 2.79x | HK$95.34 Million |
| 2001 | 16.84% | 6.09% | 1.14x | 2.43x | HK$69.23 Million |
| 2002 | 19.06% | 6.90% | 1.32x | 2.10x | HK$114.19 Million |
| 2003 | 8.92% | 2.94% | 0.89x | 3.40x | HK$-14.95 Million |
| 2004 | 2.83% | 0.60% | 1.32x | 3.56x | HK$-102.18 Million |
| 2005 | -34.50% | -6.19% | 1.31x | 4.25x | HK$-471.14 Million |
| 2006 | -419.21% | -14.09% | 1.64x | 18.09x | HK$-871.39 Million |
| 2007 | 22.14% | 1.37% | 1.69x | 9.59x | HK$36.80 Million |
| 2008 | 12.37% | 1.05% | 1.81x | 6.51x | HK$8.16 Million |
| 2009 | 13.30% | 1.92% | 1.30x | 5.34x | HK$13.10 Million |
| 2010 | 13.95% | 1.93% | 1.68x | 4.30x | HK$18.23 Million |
| 2011 | 2.07% | 0.33% | 1.52x | 4.07x | HK$-37.33 Million |
| 2012 | 4.40% | 0.92% | 1.39x | 3.44x | HK$-27.35 Million |
| 2013 | 9.04% | 2.31% | 1.20x | 3.25x | HK$-5.00 Million |
| 2014 | 9.39% | 2.56% | 1.22x | 3.02x | HK$-3.31 Million |
| 2015 | 6.57% | 1.87% | 1.19x | 2.96x | HK$-19.19 Million |
| 2016 | 7.90% | 2.66% | 1.07x | 2.78x | HK$-12.86 Million |
| 2017 | 4.27% | 1.39% | 1.05x | 2.91x | HK$-35.00 Million |
| 2018 | 1.82% | 0.66% | 0.97x | 2.84x | HK$-53.05 Million |
| 2019 | 14.05% | 5.26% | 1.02x | 2.61x | HK$30.36 Million |
| 2020 | 16.15% | 6.51% | 0.89x | 2.79x | HK$53.12 Million |
| 2021 | 12.78% | 5.21% | 0.84x | 2.91x | HK$26.62 Million |
| 2022 | 9.06% | 5.95% | 0.61x | 2.51x | HK$-9.77 Million |
| 2023 | 8.18% | 5.88% | 0.58x | 2.41x | HK$-19.56 Million |
| 2024 | 6.60% | 4.28% | 0.65x | 2.39x | HK$-37.46 Million |
Industry Comparison
This section compares TsannKuen (China) Enterprise Co. Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TsannKuen (China) Enterprise Co. Ltd (200512) | HK$1.54 Billion | 15.95% | 0.61x | $36.32 Million |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |