Shenzhen Tatfook Tech (300134) - Net Assets
Based on the latest financial reports, Shenzhen Tatfook Tech (300134) has net assets worth CN¥4.01 Billion CNY (≈ $586.17 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.86 Billion ≈ $856.95 Million USD) and total liabilities (CN¥1.85 Billion ≈ $270.78 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 Shenzhen Tatfook Tech liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.01 Billion |
| % of Total Assets | 68.4% |
| Annual Growth Rate | 22.53% |
| 5-Year Change | -18.43% |
| 10-Year Change | 63.38% |
| Growth Volatility | 161.73 |
Shenzhen Tatfook Tech - Net Assets Trend (2007–2024)
This chart illustrates how Shenzhen Tatfook Tech's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shenzhen Tatfook Tech for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Tatfook Tech (2007–2024)
The table below shows the annual net assets of Shenzhen Tatfook Tech from 2007 to 2024. For live valuation and market cap data, see Shenzhen Tatfook Tech (300134) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 2900.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥767.50 Million | 19.37% |
| Other Comprehensive Income | CN¥118.59 Million | 2.99% |
| Other Components | CN¥4.57 Billion | 115.31% |
| Total Equity | CN¥3.96 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 |
|---|---|
|
Gempharmatech Co. Ltd. A
SHG:688046
|
$1.24 Billion |
|
Gansu Yasheng Industrial Group Co Ltd
SHG:600108
|
$1.24 Billion |
|
PCBL LIMITED
NSE:PCBL
|
$1.24 Billion |
|
Everi Holdings Inc
NYSE:EVRI
|
$1.24 Billion |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547
|
$1.24 Billion |
|
G-III Apparel Group Ltd
NASDAQ:GIII
|
$1.24 Billion |
|
YFY Inc
TW:1907
|
$1.23 Billion |
|
Under Armour Inc C
NYSE:UA
|
$1.23 Billion |
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 2023 to 2024, total equity changed from 4,426,648,585 to 3,961,435,842, a change of -465,212,743 (-10.5%).
- Net loss of 476,047,699 reduced equity.
- Dividend payments of 24,261,273 reduced retained earnings.
- Other comprehensive income increased equity by 118,585,309.
- Other factors decreased equity by 83,489,080.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-476.05 Million | -12.02% |
| Dividends Paid | CN¥24.26 Million | -0.61% |
| Other Comprehensive Income | CN¥118.59 Million | +2.99% |
| Other Changes | CN¥-83.49 Million | -2.11% |
| Total Change | CN¥- | -10.51% |
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: 2.13x
- 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 35.76x to 2.13x 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¥11.00 | x |
| 2008-12-31 | CN¥0.29 | CN¥11.00 | x |
| 2009-12-31 | CN¥0.72 | CN¥11.00 | x |
| 2010-12-31 | CN¥4.71 | CN¥11.00 | x |
| 2011-12-31 | CN¥3.60 | CN¥11.00 | x |
| 2012-12-31 | CN¥3.29 | CN¥11.00 | x |
| 2013-12-31 | CN¥3.27 | CN¥11.00 | x |
| 2014-12-31 | CN¥3.94 | CN¥11.00 | x |
| 2015-12-31 | CN¥3.94 | CN¥11.00 | x |
| 2016-12-31 | CN¥8.43 | CN¥11.00 | x |
| 2017-12-31 | CN¥6.97 | CN¥11.00 | x |
| 2018-12-31 | CN¥6.50 | CN¥11.00 | x |
| 2019-12-31 | CN¥6.51 | CN¥11.00 | x |
| 2020-12-31 | CN¥6.56 | CN¥11.00 | x |
| 2021-12-31 | CN¥6.15 | CN¥11.00 | x |
| 2022-12-31 | CN¥6.01 | CN¥11.00 | x |
| 2023-12-31 | CN¥5.72 | CN¥11.00 | x |
| 2024-12-31 | CN¥5.16 | CN¥11.00 | 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): -12.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.49%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.50x
- Recent ROE (-12.02%) is below the historical average (7.40%), 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 |
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: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Tatfook Tech (300134) | CN¥4.01 Billion | 28.68% | 0.46x | $1.24 Billion |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 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