Tsinghuatongfang Co Ltd

SHG:600100 China Computer Hardware
Market Cap
$4.09 Billion
CN¥29.99 Billion CNY
Market Cap Rank
#3319 Global
#255 in China
Share Price
CN¥8.95
Change (1 day)
-3.45%
52-Week Range
CN¥6.78 - CN¥9.88
All Time High
CN¥19.35
About

Tsinghua Tongfang Co., Ltd. engages in nuclear technology application, smart energy, and digital information businesses in China and internationally. It operates through the Nuclear Technology Applications; Digital Information; Smart Energy; Headquarters Investment and Technology Parks; and Other Business segments. The company offers security inspection equipment and comprehensive security inspec… Read more

Tsinghuatongfang Co Ltd (600100) - Net Assets

Latest net assets as of September 2025: CN¥20.84 Billion CNY

Based on the latest financial reports, Tsinghuatongfang Co Ltd (600100) has net assets worth CN¥20.84 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¥50.15 Billion) and total liabilities (CN¥29.31 Billion). 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¥20.84 Billion
% of Total Assets 41.56%
Annual Growth Rate 21.81%
5-Year Change 5.28%
10-Year Change -4.49%
Growth Volatility 81.78

Tsinghuatongfang Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Tsinghuatongfang 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 Tsinghuatongfang Co Ltd (1994–2024)

The table below shows the annual net assets of Tsinghuatongfang Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥21.64 Billion +12.40%
2023-12-31 CN¥19.25 Billion -3.58%
2022-12-31 CN¥19.97 Billion -1.89%
2021-12-31 CN¥20.35 Billion -0.98%
2020-12-31 CN¥20.55 Billion -0.23%
2019-12-31 CN¥20.60 Billion +3.55%
2018-12-31 CN¥19.89 Billion -19.68%
2017-12-31 CN¥24.77 Billion +0.86%
2016-12-31 CN¥24.56 Billion +8.39%
2015-12-31 CN¥22.66 Billion +47.46%
2014-12-31 CN¥15.36 Billion +12.78%
2013-12-31 CN¥13.62 Billion +21.05%
2012-12-31 CN¥11.25 Billion +14.54%
2011-12-31 CN¥9.83 Billion -7.29%
2010-12-31 CN¥10.60 Billion +12.74%
2009-12-31 CN¥9.40 Billion +11.38%
2008-12-31 CN¥8.44 Billion +20.81%
2007-12-31 CN¥6.99 Billion +60.98%
2006-12-31 CN¥4.34 Billion +13.47%
2005-12-31 CN¥3.82 Billion +6.55%
2004-12-31 CN¥3.59 Billion +0.51%
2003-12-31 CN¥3.57 Billion +4.80%
2002-12-31 CN¥3.41 Billion -7.50%
2001-12-31 CN¥3.68 Billion +5.81%
2000-12-31 CN¥3.48 Billion +120.98%
1999-12-31 CN¥1.58 Billion +135.19%
1998-12-31 CN¥669.92 Million +22.17%
1997-12-31 CN¥548.33 Million +435.04%
1996-12-31 CN¥102.48 Million +20.08%
1995-12-31 CN¥85.35 Million +46.83%
1994-12-31 CN¥58.13 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tsinghuatongfang 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 decreased by 1633.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥3.35 Billion 19.95%
Other Comprehensive Income CN¥1.28 Billion 7.63%
Other Components CN¥12.31 Billion 73.30%
Total Equity CN¥16.80 Billion 100.00%

Tsinghuatongfang Co Ltd Competitors by Market Cap

The table below lists competitors of Tsinghuatongfang Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tsinghuatongfang Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 14,268,090,782 to 16,795,745,000, a change of 2,527,654,218 (17.7%).
  • Net income of 140,615,989 contributed positively to equity growth.
  • Dividend payments of 500,841,471 reduced retained earnings.
  • Other comprehensive income increased equity by 1,119,661,438.
  • Other factors increased equity by 1,768,218,262.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥140.62 Million +0.84%
Dividends Paid CN¥500.84 Million -2.98%
Other Comprehensive Income CN¥1.12 Billion +6.67%
Other Changes CN¥1.77 Billion +10.53%
Total Change CN¥- 17.72%

Book Value vs Market Value Analysis

This analysis compares Tsinghuatongfang 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: 1.78x
  • 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 524.90x to 1.78x 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¥0.02 CN¥8.95 x
1995-12-31 CN¥0.03 CN¥8.95 x
1996-12-31 CN¥0.03 CN¥8.95 x
1997-12-31 CN¥0.15 CN¥8.95 x
1998-12-31 CN¥0.19 CN¥8.95 x
1999-12-31 CN¥0.39 CN¥8.95 x
2000-12-31 CN¥0.77 CN¥8.95 x
2001-12-31 CN¥0.79 CN¥8.95 x
2002-12-31 CN¥1.85 CN¥8.95 x
2003-12-31 CN¥1.94 CN¥8.95 x
2004-12-31 CN¥1.99 CN¥8.95 x
2005-12-31 CN¥2.04 CN¥8.95 x
2006-12-31 CN¥2.15 CN¥8.95 x
2007-12-31 CN¥3.29 CN¥8.95 x
2008-12-31 CN¥3.74 CN¥8.95 x
2009-12-31 CN¥3.74 CN¥8.95 x
2010-12-31 CN¥4.00 CN¥8.95 x
2011-12-31 CN¥4.34 CN¥8.95 x
2012-12-31 CN¥4.59 CN¥8.95 x
2013-12-31 CN¥5.22 CN¥8.95 x
2014-12-31 CN¥5.19 CN¥8.95 x
2015-12-31 CN¥6.22 CN¥8.95 x
2016-12-31 CN¥7.35 CN¥8.95 x
2017-12-31 CN¥7.18 CN¥8.95 x
2018-12-31 CN¥5.40 CN¥8.95 x
2019-12-31 CN¥5.50 CN¥8.95 x
2020-12-31 CN¥5.43 CN¥8.95 x
2021-12-31 CN¥5.16 CN¥8.95 x
2022-12-31 CN¥4.45 CN¥8.95 x
2023-12-31 CN¥4.26 CN¥8.95 x
2024-12-31 CN¥5.02 CN¥8.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tsinghuatongfang 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): 0.84%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.84%
  • • Asset Turnover: 0.33x
  • • Equity Multiplier: 3.06x
  • Recent ROE (0.84%) is below the historical average (7.85%), 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 45.03% 24.53% 0.69x 2.65x CN¥20.01 Million
1995 37.28% 20.58% 0.83x 2.19x CN¥23.00 Million
1996 44.44% 24.19% 0.66x 2.79x CN¥34.79 Million
1997 13.51% 18.03% 0.49x 1.53x CN¥18.04 Million
1998 14.49% 11.43% 0.59x 2.16x CN¥28.55 Million
1999 12.23% 9.64% 0.65x 1.95x CN¥29.31 Million
2000 8.41% 6.52% 0.63x 2.06x CN¥-40.94 Million
2001 10.92% 5.80% 0.83x 2.28x CN¥24.42 Million
2002 6.65% 3.38% 0.87x 2.27x CN¥-92.67 Million
2003 3.92% 1.69% 0.89x 2.60x CN¥-176.04 Million
2004 3.89% 1.42% 0.90x 3.05x CN¥-181.74 Million
2005 3.45% 1.08% 0.90x 3.56x CN¥-199.37 Million
2006 5.00% 1.30% 0.97x 4.00x CN¥-158.29 Million
2007 7.93% 3.01% 0.84x 3.13x CN¥-115.30 Million
2008 3.57% 1.82% 0.77x 2.57x CN¥-453.19 Million
2009 4.81% 2.28% 0.72x 2.93x CN¥-379.42 Million
2010 6.00% 2.64% 0.73x 3.11x CN¥-319.11 Million
2011 8.29% 3.37% 0.69x 3.53x CN¥-146.17 Million
2012 6.76% 2.69% 0.68x 3.71x CN¥-295.02 Million
2013 6.32% 2.99% 0.53x 3.98x CN¥-393.76 Million
2014 6.55% 2.91% 0.52x 4.31x CN¥-398.65 Million
2015 7.15% 4.43% 0.50x 3.22x CN¥-503.55 Million
2016 19.74% 15.83% 0.47x 2.64x CN¥2.12 Billion
2017 0.49% 0.40% 0.41x 2.99x CN¥-2.02 Billion
2018 -24.26% -15.62% 0.39x 3.98x CN¥-5.48 Billion
2019 1.82% 1.29% 0.37x 3.80x CN¥-1.33 Billion
2020 0.64% 0.40% 0.42x 3.87x CN¥-1.51 Billion
2021 -11.81% -6.60% 0.46x 3.89x CN¥-3.47 Billion
2022 -5.18% -3.25% 0.44x 3.63x CN¥-2.26 Billion
2023 -5.36% -2.65% 0.52x 3.86x CN¥-2.19 Billion
2024 0.84% 0.84% 0.33x 3.06x CN¥-1.54 Billion

Industry Comparison

This section compares Tsinghuatongfang Co Ltd's net assets metrics with peer companies in the Computer Hardware industry.

Industry Context

  • Industry: Computer Hardware
  • Average net assets among peers: $1,549,622,281
  • Average return on equity (ROE) among peers: 4.79%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tsinghuatongfang Co Ltd (600100) CN¥20.84 Billion 45.03% 1.41x $3.92 Billion
Shenzhen Kaifa Technology Co Ltd (000021) $3.49 Billion 20.34% 0.48x $4.21 Billion
China Greatwall Computer Shenzhen Co Ltd (000066) $172.34 Million 10.88% 1.56x $4.11 Billion
TPV Technology Co Ltd (000727) $555.60 Million -88.79% 1.39x $917.87 Million
Inspur Electronic Info Industr (000977) $900.93 Million 4.81% 0.23x $8.33 Billion
JWIPC Technology Co Ltd (001339) $2.19 Billion 5.71% 1.34x $665.52 Million
Shandong Senter Electn Co Ltd (001388) $586.50 Million 20.03% 0.78x $57.68K
Ninestar Corp (002180) $322.23 Million 8.58% 0.16x $2.12 Billion
Hangzhou Hikvision Digital Technology Co Ltd (002415) $337.64 Million 61.25% 0.41x $15.32 Billion
Shenzhen Rapoo Technology (002577) $1.17 Billion 1.62% 0.12x $265.22 Million
Suzhou Anjie Technology Co Ltd (002635) $5.78 Billion 3.44% 0.35x $599.23 Million