Tianjin Hi-Tech Development Co Ltd (600082) - Net Assets
Based on the latest financial reports, Tianjin Hi-Tech Development Co Ltd (600082) has net assets worth CN¥1.78 Billion CNY (≈ $260.24 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¥3.01 Billion ≈ $441.11 Million USD) and total liabilities (CN¥1.24 Billion ≈ $180.86 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 asset resilience ratio of Tianjin Hi-Tech Development Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.78 Billion |
| % of Total Assets | 59.0% |
| Annual Growth Rate | 6.22% |
| 5-Year Change | 1.84% |
| 10-Year Change | 1.13% |
| Growth Volatility | 30.92 |
Tianjin Hi-Tech Development Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Tianjin Hi-Tech Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Tianjin Hi-Tech Development Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Tianjin Hi-Tech Development Co Ltd (1994–2024)
The table below shows the annual net assets of Tianjin Hi-Tech Development Co Ltd from 1994 to 2024. For live valuation and market cap data, see Tianjin Hi-Tech Development Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.78 Billion ≈ $259.89 Million |
+0.32% |
| 2023-12-31 | CN¥1.77 Billion ≈ $259.05 Million |
+0.72% |
| 2022-12-31 | CN¥1.76 Billion ≈ $257.20 Million |
+0.58% |
| 2021-12-31 | CN¥1.75 Billion ≈ $255.71 Million |
+0.21% |
| 2020-12-31 | CN¥1.74 Billion ≈ $255.18 Million |
+1.93% |
| 2019-12-31 | CN¥1.71 Billion ≈ $250.35 Million |
+0.88% |
| 2018-12-31 | CN¥1.70 Billion ≈ $248.16 Million |
+0.45% |
| 2017-12-31 | CN¥1.69 Billion ≈ $247.05 Million |
+0.85% |
| 2016-12-31 | CN¥1.67 Billion ≈ $244.96 Million |
-4.67% |
| 2015-12-31 | CN¥1.76 Billion ≈ $256.98 Million |
+0.59% |
| 2014-12-31 | CN¥1.75 Billion ≈ $255.46 Million |
+2.39% |
| 2013-12-31 | CN¥1.70 Billion ≈ $249.49 Million |
+2.43% |
| 2012-12-31 | CN¥1.66 Billion ≈ $243.57 Million |
+0.63% |
| 2011-12-31 | CN¥1.65 Billion ≈ $242.04 Million |
-1.48% |
| 2010-12-31 | CN¥1.68 Billion ≈ $245.69 Million |
+0.17% |
| 2009-12-31 | CN¥1.68 Billion ≈ $245.28 Million |
+4.31% |
| 2008-12-31 | CN¥1.61 Billion ≈ $235.15 Million |
+6.20% |
| 2007-12-31 | CN¥1.51 Billion ≈ $221.41 Million |
+162.51% |
| 2006-12-31 | CN¥576.40 Million ≈ $84.34 Million |
+13.54% |
| 2005-12-31 | CN¥507.68 Million ≈ $74.29 Million |
+8.53% |
| 2004-12-31 | CN¥467.79 Million ≈ $68.45 Million |
+11.57% |
| 2003-12-31 | CN¥419.29 Million ≈ $61.36 Million |
+20.37% |
| 2002-12-31 | CN¥348.35 Million ≈ $50.97 Million |
+7.62% |
| 2001-12-31 | CN¥323.67 Million ≈ $47.36 Million |
-24.55% |
| 2000-12-31 | CN¥428.96 Million ≈ $62.77 Million |
-17.46% |
| 1999-12-31 | CN¥519.69 Million ≈ $76.05 Million |
-1.14% |
| 1998-12-31 | CN¥525.66 Million ≈ $76.92 Million |
+4.10% |
| 1997-12-31 | CN¥504.97 Million ≈ $73.89 Million |
+50.74% |
| 1996-12-31 | CN¥334.99 Million ≈ $49.02 Million |
+13.58% |
| 1995-12-31 | CN¥294.94 Million ≈ $43.16 Million |
+1.52% |
| 1994-12-31 | CN¥290.52 Million ≈ $42.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tianjin Hi-Tech Development 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 60090497400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥600.90 Million | 33.83% |
| Common Stock | CN¥646.12 Million | 36.38% |
| Other Components | CN¥529.01 Million | 29.79% |
| Total Equity | CN¥1.78 Billion | 100.00% |
Tianjin Hi-Tech Development Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Hi-Tech Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastern Polymer Group Public Company Limited
BK:EPG
|
$315.93 Million |
|
Chung Hwa Chemical Industrial Works Ltd
TW:1727
|
$315.98 Million |
|
RiverNorth Flexible Municipal Income Fund II Inc
NYSE:RFMZ
|
$316.09 Million |
|
Guangdong Guoli Sci&Tech Co Ltd Class A
SHE:300716
|
$316.35 Million |
|
DITTO (THAILAND)
BK:DITTO-R
|
$315.78 Million |
|
Celon Pharma SA
WAR:CLN
|
$315.71 Million |
|
Médica Sur S.A.B. de C.V
MX:MEDICAB
|
$315.62 Million |
|
Dishman Carbogen Amcis Limited
NSE:DCAL
|
$315.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Hi-Tech Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,770,324,882 to 1,776,030,996, a change of 5,706,114 (0.3%).
- Net income of 9,582,809 contributed positively to equity growth.
- Dividend payments of 63,257,664 reduced retained earnings.
- Other factors increased equity by 59,380,969.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.58 Million | +0.54% |
| Dividends Paid | CN¥63.26 Million | -3.56% |
| Other Changes | CN¥59.38 Million | +3.34% |
| Total Change | CN¥- | 0.32% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Hi-Tech Development 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: 1.22x
- 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 6.14x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.54 | CN¥3.34 | x |
| 1995-12-31 | CN¥0.55 | CN¥3.34 | x |
| 1996-12-31 | CN¥0.58 | CN¥3.34 | x |
| 1997-12-31 | CN¥0.90 | CN¥3.34 | x |
| 1998-12-31 | CN¥0.94 | CN¥3.34 | x |
| 1999-12-31 | CN¥0.93 | CN¥3.34 | x |
| 2000-12-31 | CN¥0.76 | CN¥3.34 | x |
| 2001-12-31 | CN¥0.61 | CN¥3.34 | x |
| 2002-12-31 | CN¥0.65 | CN¥3.34 | x |
| 2003-12-31 | CN¥0.75 | CN¥3.34 | x |
| 2004-12-31 | CN¥0.83 | CN¥3.34 | x |
| 2005-12-31 | CN¥0.91 | CN¥3.34 | x |
| 2006-12-31 | CN¥1.02 | CN¥3.34 | x |
| 2007-12-31 | CN¥2.67 | CN¥3.34 | x |
| 2008-12-31 | CN¥2.45 | CN¥3.34 | x |
| 2009-12-31 | CN¥2.60 | CN¥3.34 | x |
| 2010-12-31 | CN¥2.52 | CN¥3.34 | x |
| 2011-12-31 | CN¥2.63 | CN¥3.34 | x |
| 2012-12-31 | CN¥2.73 | CN¥3.34 | x |
| 2013-12-31 | CN¥2.64 | CN¥3.34 | x |
| 2014-12-31 | CN¥2.70 | CN¥3.34 | x |
| 2015-12-31 | CN¥2.72 | CN¥3.34 | x |
| 2016-12-31 | CN¥2.59 | CN¥3.34 | x |
| 2017-12-31 | CN¥2.61 | CN¥3.34 | x |
| 2018-12-31 | CN¥2.63 | CN¥3.34 | x |
| 2019-12-31 | CN¥2.65 | CN¥3.34 | x |
| 2020-12-31 | CN¥2.70 | CN¥3.34 | x |
| 2021-12-31 | CN¥2.70 | CN¥3.34 | x |
| 2022-12-31 | CN¥2.72 | CN¥3.34 | x |
| 2023-12-31 | CN¥2.73 | CN¥3.34 | x |
| 2024-12-31 | CN¥2.74 | CN¥3.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Hi-Tech Development 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): 0.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.84%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.74x
- Recent ROE (0.54%) is below the historical average (2.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 9.72% | 4.60% | 1.47x | 1.44x | CN¥-799.49K |
| 1995 | 10.00% | 4.99% | 1.40x | 1.43x | CN¥11.03K |
| 1996 | 10.17% | 5.73% | 0.89x | 1.99x | CN¥520.41K |
| 1997 | 5.28% | 5.07% | 0.57x | 1.84x | CN¥-22.62 Million |
| 1998 | 4.13% | 2.72% | 0.86x | 1.76x | CN¥-29.36 Million |
| 1999 | 0.46% | 0.43% | 0.50x | 2.14x | CN¥-47.16 Million |
| 2000 | -22.80% | -21.23% | 0.37x | 2.91x | CN¥-132.44 Million |
| 2001 | -25.72% | -15.53% | 1.53x | 1.08x | CN¥-115.62 Million |
| 2002 | 7.99% | 22.77% | 0.23x | 1.50x | CN¥-6.99 Million |
| 2003 | 12.82% | 20.71% | 0.33x | 1.90x | CN¥11.24 Million |
| 2004 | 11.37% | 11.67% | 0.54x | 1.81x | CN¥6.08 Million |
| 2005 | 10.38% | 8.54% | 0.57x | 2.12x | CN¥1.84 Million |
| 2006 | 10.19% | 9.72% | 0.57x | 1.83x | CN¥1.02 Million |
| 2007 | 7.10% | 12.74% | 0.44x | 1.28x | CN¥-43.39 Million |
| 2008 | 8.57% | 19.88% | 0.21x | 2.10x | CN¥-22.89 Million |
| 2009 | 5.43% | 11.21% | 0.29x | 1.65x | CN¥-76.50 Million |
| 2010 | 3.98% | 7.92% | 0.29x | 1.76x | CN¥-101.07 Million |
| 2011 | 4.94% | 6.96% | 0.38x | 1.85x | CN¥-83.63 Million |
| 2012 | 2.57% | 5.09% | 0.30x | 1.68x | CN¥-123.73 Million |
| 2013 | 2.37% | 4.66% | 0.28x | 1.84x | CN¥-130.01 Million |
| 2014 | 2.33% | 4.42% | 0.27x | 1.97x | CN¥-133.82 Million |
| 2015 | 0.59% | 1.52% | 0.19x | 2.03x | CN¥-165.23 Million |
| 2016 | -4.90% | -11.71% | 0.21x | 2.03x | CN¥-249.48 Million |
| 2017 | 0.85% | 2.79% | 0.14x | 2.13x | CN¥-154.55 Million |
| 2018 | 0.86% | 1.88% | 0.22x | 2.08x | CN¥-154.93 Million |
| 2019 | 0.88% | 2.21% | 0.23x | 1.70x | CN¥-156.11 Million |
| 2020 | 1.89% | 7.21% | 0.15x | 1.80x | CN¥-141.37 Million |
| 2021 | 0.58% | 1.10% | 0.32x | 1.61x | CN¥-164.68 Million |
| 2022 | 0.58% | 2.06% | 0.18x | 1.59x | CN¥-165.60 Million |
| 2023 | 0.72% | 2.75% | 0.16x | 1.66x | CN¥-164.34 Million |
| 2024 | 0.54% | 2.84% | 0.11x | 1.74x | CN¥-168.02 Million |
Industry Comparison
This section compares Tianjin Hi-Tech Development Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,344,001,649
- Average return on equity (ROE) among peers: 7.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Hi-Tech Development Co Ltd (600082) | CN¥1.78 Billion | 9.72% | 0.69x | $315.79 Million |
| China Baoan Group Co Ltd (000009) | $3.71 Billion | 8.76% | 1.70x | $3.26 Billion |
| Yunding Technology Co Ltd (000409) | $1.27 Billion | -2.47% | 1.61x | $1.01 Billion |
| Create Technology & Science Co Ltd (000551) | $334.81 Million | 8.14% | 2.44x | $1.15 Billion |
| Sundiro Holding Co Ltd (000571) | $851.39 Million | 0.00% | 0.54x | $682.72 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $1.15 Billion | 8.57% | 0.38x | $563.26 Million |
| Macrolink Real Estate Co Ltd (000620) | $1.49 Billion | 24.26% | 1.24x | $2.41 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $2.85 Billion | 10.41% | 1.73x | $926.31 Million |
| CHTC Helon Co Ltd (000677) | $293.80 Million | 12.95% | 1.26x | $482.95 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $639.11 Million | 0.03% | 0.36x | $542.82 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $849.00 Million | 6.07% | 0.87x | $967.19 Million |
About Tianjin Hi-Tech Development Co Ltd
Tianjin Hi-Tech Development Co., Ltd. engages in the industrial real estate development and operation in China. The company is involved in the technology park development; science park operations; commodity sales; and industrial investment, incubation services, trade, and other businesses. It also engages in provision of consulting services; property management; and planning, building, managing, … Read more