Shenzhen Tatfook Tech Net Assets
Shenzhen Tatfook Tech net assets. Based on the latest financial reports, Shenzhen Tatfook Tech (300134) has net assets worth CN¥3.86 Billion CNY (≈ $564.45 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¥5.68 Billion ≈ $831.34 Million USD) and total liabilities (CN¥1.82 Billion ≈ $266.88 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. Also explore net asset growth rate of Shenzhen Tatfook Tech to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.86 Billion |
| % of Total Assets | 67.9% |
| Annual Growth Rate | 20.72% |
| 5-Year Change | -18.28% |
| 10-Year Change | -33.47% |
| Growth Volatility | 157.79 |
Net Assets of Shenzhen Tatfook Tech (2007–2025)
Net assets of Shenzhen Tatfook Tech from 2007 to 2025. This chart illustrates how Shenzhen Tatfook Tech's net assets have evolved over time, based on quarterly financial data. See Shenzhen Tatfook Tech net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Shenzhen Tatfook Tech (2007–2025)
The table below shows the annual net assets of Shenzhen Tatfook Tech from 2007 to 2025. For live market cap and overall valuation, see 300134 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.91 Billion ≈ $571.91 Million |
-6.25% |
| 2024-12-31 | CN¥4.17 Billion ≈ $610.02 Million |
-9.49% |
| 2023-12-31 | CN¥4.61 Billion ≈ $674.01 Million |
-2.52% |
| 2022-12-31 | CN¥4.72 Billion ≈ $691.40 Million |
-1.20% |
| 2021-12-31 | CN¥4.78 Billion ≈ $699.81 Million |
-6.42% |
| 2020-12-31 | CN¥5.11 Billion ≈ $747.85 Million |
+2.37% |
| 2019-12-31 | CN¥4.99 Billion ≈ $730.55 Million |
-6.64% |
| 2018-12-31 | CN¥5.35 Billion ≈ $782.52 Million |
-0.01% |
| 2017-12-31 | CN¥5.35 Billion ≈ $782.56 Million |
-8.97% |
| 2016-12-31 | CN¥5.87 Billion ≈ $859.65 Million |
+130.24% |
| 2015-12-31 | CN¥2.55 Billion ≈ $373.37 Million |
-1.05% |
| 2014-12-31 | CN¥2.58 Billion ≈ $377.35 Million |
+15.78% |
| 2013-12-31 | CN¥2.23 Billion ≈ $325.93 Million |
-0.20% |
| 2012-12-31 | CN¥2.23 Billion ≈ $326.59 Million |
-4.71% |
| 2011-12-31 | CN¥2.34 Billion ≈ $342.75 Million |
-3.82% |
| 2010-12-31 | CN¥2.44 Billion ≈ $356.37 Million |
+673.93% |
| 2009-12-31 | CN¥314.67 Million ≈ $46.05 Million |
+152.25% |
| 2008-12-31 | CN¥124.75 Million ≈ $18.25 Million |
-5.36% |
| 2007-12-31 | CN¥131.82 Million ≈ $19.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Tatfook Tech'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 decreased by 3406.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Shenzhen Tatfook Tech Net Assets Breakdown (December 2025)
Shenzhen Tatfook Tech net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥5.47 Billion | 147.51% |
| Total Equity | CN¥3.71 Billion | 100.00% |
Shenzhen Tatfook Tech Competitors by Market Cap
The table below lists competitors of Shenzhen Tatfook Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
$813.18 Million |
|
Virtus Investment Partners, Inc.
NYSE:VRTS
|
$813.50 Million |
|
Heartland Express Inc
NASDAQ:HTLD
|
$813.54 Million |
|
Foschini Group Ltd
JSE:TFG
|
$814.20 Million |
|
Lahav LR Real Estate Ltd
TA:LAHAV
|
$813.04 Million |
|
Jiangsu Yinhe Electronics Co Ltd
SHE:002519
|
$812.62 Million |
|
Kossan Rubber Industries Bhd
KLSE:7153
|
$812.54 Million |
|
Shen Ma Industry Co Ltd
SHG:600810
|
$812.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Tatfook Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,961,435,842 to 3,708,807,416, a change of -252,628,426 (-6.4%).
- Net loss of 269,639,215 reduced equity.
- Dividend payments of 21,572,399 reduced retained earnings.
- Other comprehensive income decreased equity by 118,585,309.
- Other factors increased equity by 157,168,496.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-269.64 Million | -7.27% |
| Dividends Paid | CN¥21.57 Million | -0.58% |
| Other Comprehensive Income | CN¥-118.59 Million | -3.2% |
| Other Changes | CN¥157.17 Million | +4.24% |
| Total Change | CN¥- | -6.38% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Tatfook Tech'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: 1.50x
- 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 23.54x to 1.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.31 | CN¥7.24 | x |
| 2008-12-31 | CN¥0.29 | CN¥7.24 | x |
| 2009-12-31 | CN¥0.72 | CN¥7.24 | x |
| 2010-12-31 | CN¥4.71 | CN¥7.24 | x |
| 2011-12-31 | CN¥3.60 | CN¥7.24 | x |
| 2012-12-31 | CN¥3.29 | CN¥7.24 | x |
| 2013-12-31 | CN¥3.27 | CN¥7.24 | x |
| 2014-12-31 | CN¥3.94 | CN¥7.24 | x |
| 2015-12-31 | CN¥3.94 | CN¥7.24 | x |
| 2016-12-31 | CN¥8.43 | CN¥7.24 | x |
| 2017-12-31 | CN¥6.97 | CN¥7.24 | x |
| 2018-12-31 | CN¥6.50 | CN¥7.24 | x |
| 2019-12-31 | CN¥6.51 | CN¥7.24 | x |
| 2020-12-31 | CN¥6.56 | CN¥7.24 | x |
| 2021-12-31 | CN¥6.15 | CN¥7.24 | x |
| 2022-12-31 | CN¥6.01 | CN¥7.24 | x |
| 2023-12-31 | CN¥5.72 | CN¥7.24 | x |
| 2024-12-31 | CN¥5.16 | CN¥7.24 | x |
| 2025-12-31 | CN¥4.83 | CN¥7.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Tatfook Tech 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): -7.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.97%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.56x
- Recent ROE (-7.27%) is below the historical average (6.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 28.68% | 12.15% | 0.84x | 2.81x | CN¥24.63 Million |
| 2008 | 56.41% | 14.87% | 0.93x | 4.08x | CN¥57.89 Million |
| 2009 | 44.36% | 23.82% | 1.07x | 1.74x | CN¥108.11 Million |
| 2010 | 10.30% | 29.07% | 0.32x | 1.12x | CN¥7.27 Million |
| 2011 | 8.03% | 18.92% | 0.37x | 1.16x | CN¥-46.06 Million |
| 2012 | -8.93% | -12.71% | 0.47x | 1.51x | CN¥-405.28 Million |
| 2013 | 2.52% | 2.92% | 0.64x | 1.35x | CN¥-164.15 Million |
| 2014 | 20.83% | 21.85% | 0.71x | 1.35x | CN¥278.42 Million |
| 2015 | 3.81% | 4.66% | 0.47x | 1.73x | CN¥-155.90 Million |
| 2016 | 2.14% | 5.18% | 0.31x | 1.34x | CN¥-458.97 Million |
| 2017 | -9.61% | -28.76% | 0.25x | 1.33x | CN¥-1.04 Billion |
| 2018 | 0.46% | 1.36% | 0.27x | 1.25x | CN¥-510.29 Million |
| 2019 | -7.10% | -15.17% | 0.38x | 1.24x | CN¥-854.07 Million |
| 2020 | 0.71% | 1.63% | 0.36x | 1.22x | CN¥-467.55 Million |
| 2021 | -5.54% | -10.58% | 0.39x | 1.34x | CN¥-727.19 Million |
| 2022 | 2.05% | 3.62% | 0.40x | 1.43x | CN¥-363.60 Million |
| 2023 | -3.85% | -6.83% | 0.38x | 1.47x | CN¥-612.99 Million |
| 2024 | -12.02% | -20.49% | 0.39x | 1.50x | CN¥-872.19 Million |
| 2025 | -7.27% | -10.97% | 0.42x | 1.56x | CN¥-640.52 Million |
Industry Comparison
This section compares Shenzhen Tatfook Tech's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $7,003,700,165
- Average return on equity (ROE) among peers: -6.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Tatfook Tech (300134) | CN¥3.86 Billion | 28.68% | 0.47x | $813.12 Million |
| ZTE Corp (000063) | $59.54 Billion | 13.57% | 2.04x | $16.30 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $647.88 Million | 1.70% | 0.50x | $1.49 Billion |
| Addsino Co Ltd (000547) | $1.19 Billion | 5.82% | 0.43x | $2.84 Billion |
| Sichuan Huiyuan Optical Com (000586) | $255.87 Million | 6.64% | 1.07x | $274.29 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $366.30 Million | -60.83% | 6.39x | $341.51 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $141.46 Million | -24.11% | 0.50x | $1.51 Billion |
| Skyworth Digital Co Ltd (000810) | $644.69 Million | 8.66% | 1.02x | $1.76 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $3.69 Billion | -3.79% | 1.71x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $1.10 Billion | -11.80% | 1.83x | $701.37 Million |
| Sunwave Communications Co Ltd (002115) | $2.46 Billion | 2.25% | 0.78x | $1.03 Billion |
About Shenzhen Tatfook Tech
Anhui Tatfook Technology Co., Ltd engages in the mobile communication equipment business and other businesses in the People's Republic of China and internationally. The company offers communication RF products, including TM and TE mode high performance dielectric filter; metal, small micro metal, and waveguide filters; amplifier upon the tower; smart combiner; active antenna unit; base station an… Read more