Sichuan Tianyi Comheart Telecom Co Ltd Class A
Sichuan Tianyi Comheart Telecom Co., Ltd. engages in the research and development, production, sales, and service of communication equipment related products in China. Its products include broadband network terminal equipment, communication network physical connection and protection equipment, mobile communication network optimization system equipment, and heat shrinkable products, as well as sys… Read more
Sichuan Tianyi Comheart Telecom Co Ltd Class A (300504) - Net Assets
Latest net assets as of September 2025: CN¥2.12 Billion CNY
Based on the latest financial reports, Sichuan Tianyi Comheart Telecom Co Ltd Class A (300504) has net assets worth CN¥2.12 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.49 Billion) and total liabilities (CN¥365.04 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 | CN¥2.12 Billion |
| % of Total Assets | 85.31% |
| Annual Growth Rate | 24.38% |
| 5-Year Change | 16.38% |
| 10-Year Change | 413.31% |
| Growth Volatility | 29.24 |
Sichuan Tianyi Comheart Telecom Co Ltd Class A - Net Assets Trend (2011–2024)
This chart illustrates how Sichuan Tianyi Comheart Telecom Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sichuan Tianyi Comheart Telecom Co Ltd Class A (2011–2024)
The table below shows the annual net assets of Sichuan Tianyi Comheart Telecom Co Ltd Class A from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.17 Billion | -4.62% |
| 2023-12-31 | CN¥2.28 Billion | +3.17% |
| 2022-12-31 | CN¥2.21 Billion | +9.09% |
| 2021-12-31 | CN¥2.03 Billion | +8.42% |
| 2020-12-31 | CN¥1.87 Billion | +3.13% |
| 2019-12-31 | CN¥1.81 Billion | +3.15% |
| 2018-12-31 | CN¥1.76 Billion | +107.03% |
| 2017-12-31 | CN¥848.22 Million | +37.26% |
| 2016-12-31 | CN¥617.95 Million | +45.89% |
| 2015-12-31 | CN¥423.56 Million | +39.96% |
| 2014-12-31 | CN¥302.63 Million | +15.31% |
| 2013-12-31 | CN¥262.45 Million | +40.36% |
| 2012-12-31 | CN¥186.98 Million | +46.76% |
| 2011-12-31 | CN¥127.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Tianyi Comheart Telecom Co Ltd Class A'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 4008.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥932.68 Million | 42.90% |
| Common Stock | CN¥271.02 Million | 12.47% |
| Other Components | CN¥970.46 Million | 44.64% |
| Total Equity | CN¥2.17 Billion | 100.00% |
Sichuan Tianyi Comheart Telecom Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Sichuan Tianyi Comheart Telecom Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Centurion Acquisition Corp. Unit
NASDAQ:ALFUU
|
$272.45 Million |
|
Adtran Networks SE
F:ADV
|
$272.52 Million |
|
Argus Shanghai Textile Chemicals Co Ltd
SHG:603790
|
$272.57 Million |
|
Zhejiang Meida Industrial Co Ltd
SHE:002677
|
$272.58 Million |
|
TLB Co. Ltd.
KQ:356860
|
$272.32 Million |
|
Enity
ST:ENITY
|
$272.13 Million |
|
CoAsia Microelectronics
TWO:8096
|
$272.11 Million |
|
Almonty Industries Inc
OTCQX:ALMTF
|
$272.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Tianyi Comheart Telecom Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,279,530,949 to 2,174,170,187, a change of -105,360,762 (-4.6%).
- Net loss of 26,425,411 reduced equity.
- Dividend payments of 54,486,496 reduced retained earnings.
- Share repurchases of 10,185,238 reduced equity.
- Other comprehensive income decreased equity by 168,647,129.
- Other factors increased equity by 154,383,512.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-26.43 Million | -1.22% |
| Dividends Paid | CN¥54.49 Million | -2.51% |
| Share Repurchases | CN¥10.19 Million | -0.47% |
| Other Comprehensive Income | CN¥-168.65 Million | -7.76% |
| Other Changes | CN¥154.38 Million | +7.1% |
| Total Change | CN¥- | -4.62% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Tianyi Comheart Telecom Co Ltd Class A'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: 2.03x
- 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 7.90x to 2.03x 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¥2.11 | CN¥16.68 | x |
| 2012-12-31 | CN¥3.10 | CN¥16.68 | x |
| 2013-12-31 | CN¥3.76 | CN¥16.68 | x |
| 2014-12-31 | CN¥1.53 | CN¥16.68 | x |
| 2015-12-31 | CN¥2.18 | CN¥16.68 | x |
| 2016-12-31 | CN¥3.18 | CN¥16.68 | x |
| 2017-12-31 | CN¥4.24 | CN¥16.68 | x |
| 2018-12-31 | CN¥7.04 | CN¥16.68 | x |
| 2019-12-31 | CN¥6.77 | CN¥16.68 | x |
| 2020-12-31 | CN¥6.99 | CN¥16.68 | x |
| 2021-12-31 | CN¥7.51 | CN¥16.68 | x |
| 2022-12-31 | CN¥8.20 | CN¥16.68 | x |
| 2023-12-31 | CN¥8.38 | CN¥16.68 | x |
| 2024-12-31 | CN¥8.23 | CN¥16.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Tianyi Comheart Telecom Co Ltd Class A 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): -1.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.50%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.20x
- Recent ROE (-1.22%) is below the historical average (13.56%), 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 | 21.70% | 10.36% | 0.84x | 2.48x | CN¥14.91 Million |
| 2012 | 20.97% | 10.99% | 0.98x | 1.94x | CN¥20.51 Million |
| 2013 | 12.50% | 8.83% | 0.78x | 1.80x | CN¥6.55 Million |
| 2014 | 13.10% | 7.12% | 0.88x | 2.10x | CN¥9.37 Million |
| 2015 | 28.43% | 11.08% | 1.20x | 2.13x | CN¥78.05 Million |
| 2016 | 24.59% | 8.50% | 1.16x | 2.50x | CN¥90.17 Million |
| 2017 | 27.11% | 9.76% | 1.20x | 2.32x | CN¥145.13 Million |
| 2018 | 8.67% | 5.48% | 0.94x | 1.68x | CN¥-23.43 Million |
| 2019 | 5.94% | 5.04% | 0.85x | 1.38x | CN¥-73.46 Million |
| 2020 | 5.90% | 5.78% | 0.75x | 1.36x | CN¥-76.63 Million |
| 2021 | 8.92% | 7.54% | 0.80x | 1.48x | CN¥-21.83 Million |
| 2022 | 8.76% | 6.47% | 0.96x | 1.42x | CN¥-27.48 Million |
| 2023 | 4.42% | 3.94% | 0.84x | 1.34x | CN¥-127.26 Million |
| 2024 | -1.22% | -1.50% | 0.68x | 1.20x | CN¥-243.84 Million |
Industry Comparison
This section compares Sichuan Tianyi Comheart Telecom Co Ltd Class A's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,522,000,668
- Average return on equity (ROE) among peers: -3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Tianyi Comheart Telecom Co Ltd Class A (300504) | CN¥2.12 Billion | 21.70% | 0.17x | $272.38 Million |
| Addsino Co Ltd (000547) | $1.77 Billion | 1.02% | 0.25x | $3.67 Billion |
| Sichuan Huiyuan Optical Com (000586) | $329.93 Million | -2.83% | 0.71x | $241.69 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.59 Billion | 5.22% | 1.90x | $346.82 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $1.55 Billion | 12.92% | 0.93x | $1.06 Billion |
| Skyworth Digital Co Ltd (000810) | $140.56 Million | 7.13% | 1.37x | $683.09 Million |
| Gohigh Data Networks Technology Co Ltd (000851) | $336.07 Million | -18.04% | 0.44x | $51.64 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $231.11 Million | -66.53% | 2.00x | $840.89 Million |
| Sunwave Communications Co Ltd (002115) | $2.18 Billion | -12.45% | 0.73x | $1.17 Billion |
| Invengo Information Technology Co Ltd (002161) | $2.00 Billion | 37.19% | 0.32x | $638.43 Million |
| Bus Online Co Ltd (002188) | $2.09 Billion | 4.47% | 0.13x | $193.28 Million |