Tianjin Songjiang Co Ltd
Tianjin Troila Information Technology Co.,Ltd. develops and sells real estate properties in China. It provides residential real estate, including high-rise buildings, multi-storey houses, and villas; and commercial real estate, including shops, office buildings, and apartments. The company was formerly known as Tianjin Songjiang Co., Ltd. and changed its name to Tianjin Troila Information Technol… Read more
Tianjin Songjiang Co Ltd (600225) - Net Assets
Latest net assets as of September 2024: CN¥2.05 Billion CNY
Based on the latest financial reports, Tianjin Songjiang Co Ltd (600225) has net assets worth CN¥2.05 Billion CNY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.33 Billion) and total liabilities (CN¥5.29 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¥2.05 Billion |
| % of Total Assets | 27.93% |
| Annual Growth Rate | 7.62% |
| 5-Year Change | 257.83% |
| 10-Year Change | 115.99% |
| Growth Volatility | 150.22 |
Tianjin Songjiang Co Ltd - Net Assets Trend (2000–2023)
This chart illustrates how Tianjin Songjiang 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 Tianjin Songjiang Co Ltd (2000–2023)
The table below shows the annual net assets of Tianjin Songjiang Co Ltd from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CN¥2.45 Billion | -15.29% |
| 2022-12-31 | CN¥2.89 Billion | +46.24% |
| 2021-12-31 | CN¥1.97 Billion | +159.58% |
| 2020-12-31 | CN¥-3.31 Billion | -584.83% |
| 2019-12-31 | CN¥683.43 Million | -54.96% |
| 2018-12-31 | CN¥1.52 Billion | -19.83% |
| 2017-12-31 | CN¥1.89 Billion | +23.03% |
| 2016-12-31 | CN¥1.54 Billion | -26.30% |
| 2015-12-31 | CN¥2.09 Billion | +84.36% |
| 2014-12-31 | CN¥1.13 Billion | +2.86% |
| 2013-12-31 | CN¥1.10 Billion | -23.62% |
| 2012-12-31 | CN¥1.44 Billion | +6.25% |
| 2011-12-31 | CN¥1.36 Billion | +27.41% |
| 2010-12-31 | CN¥1.06 Billion | +24.62% |
| 2009-12-31 | CN¥854.22 Million | +461.85% |
| 2008-12-31 | CN¥-236.07 Million | +21.36% |
| 2007-12-31 | CN¥-300.19 Million | +8.46% |
| 2006-12-31 | CN¥-327.94 Million | -328.77% |
| 2005-12-31 | CN¥143.35 Million | -70.99% |
| 2004-12-31 | CN¥494.06 Million | -5.57% |
| 2003-12-31 | CN¥523.22 Million | +2.42% |
| 2002-12-31 | CN¥510.88 Million | +11.46% |
| 2001-12-31 | CN¥458.36 Million | +1.38% |
| 2000-12-31 | CN¥452.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Songjiang 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 14499.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥6.93 Billion | 328.25% |
| Total Equity | CN¥2.11 Billion | 100.00% |
Tianjin Songjiang Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Songjiang Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BILENDI EO-80
F:830
|
$60.07 Million |
|
ARRAIL GROUP LTD.
F:I1D
|
$60.09 Million |
|
Granite Falls Energy LLC
PINK:GFGY
|
$60.09 Million |
|
International Development & Investment Corp
VN:IDI
|
$60.09 Million |
|
Englewood Lab Inc
KQ:950140
|
$60.05 Million |
|
Mega Uranium Ltd.
PINK:MGAFF
|
$60.05 Million |
|
AIRA Capital Public Company Limited
BK:AIRA
|
$60.05 Million |
|
CoAsia Corporation
KQ:045970
|
$60.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Songjiang Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,403,242,015 to 2,110,209,574, a change of -293,032,441 (-12.2%).
- Net loss of 121,603,071 reduced equity.
- Dividend payments of 143,328,664 reduced retained earnings.
- Other factors decreased equity by 28,100,705.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-121.60 Million | -5.76% |
| Dividends Paid | CN¥143.33 Million | -6.79% |
| Other Changes | CN¥-28.10 Million | -1.33% |
| Total Change | CN¥- | -12.19% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Songjiang 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: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.17x to 0.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.74 | CN¥0.29 | x |
| 2018-12-31 | CN¥1.32 | CN¥0.29 | x |
| 2019-12-31 | CN¥0.34 | CN¥0.29 | x |
| 2020-12-31 | CN¥-3.85 | CN¥0.29 | x |
| 2021-12-31 | CN¥0.44 | CN¥0.29 | x |
| 2022-12-31 | CN¥0.70 | CN¥0.29 | x |
| 2023-12-31 | CN¥0.62 | CN¥0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Songjiang 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): -5.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.54%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 3.67x
- Recent ROE (-5.76%) is above the historical average (-12.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.22% | 8.92% | 0.40x | 2.31x | CN¥-7.16 Million |
| 2001 | 2.06% | 2.19% | 0.32x | 2.95x | CN¥-31.68 Million |
| 2002 | 5.09% | 5.07% | 0.33x | 3.06x | CN¥-20.57 Million |
| 2003 | 2.79% | 2.82% | 0.30x | 3.24x | CN¥-31.15 Million |
| 2009 | 18.79% | 8.52% | 0.22x | 10.02x | CN¥62.18 Million |
| 2010 | 20.72% | 10.45% | 0.19x | 10.65x | CN¥96.01 Million |
| 2011 | 21.08% | 11.69% | 0.19x | 9.30x | CN¥125.54 Million |
| 2012 | 7.02% | 3.18% | 0.25x | 8.82x | CN¥-36.35 Million |
| 2014 | 1.41% | 0.57% | 0.17x | 14.31x | CN¥-81.04 Million |
| 2015 | -36.06% | -107.39% | 0.04x | 7.85x | CN¥-868.00 Million |
| 2016 | -31.83% | -22.89% | 0.13x | 10.64x | CN¥-597.97 Million |
| 2017 | 12.30% | 13.54% | 0.10x | 9.12x | CN¥37.30 Million |
| 2018 | -31.28% | -12.12% | 0.23x | 11.26x | CN¥-510.65 Million |
| 2019 | -288.47% | -77.09% | 0.09x | 40.90x | CN¥-943.93 Million |
| 2020 | 0.00% | -362.03% | 0.11x | 0.00x | CN¥-3.56 Billion |
| 2021 | 52.36% | 95.63% | 0.12x | 4.52x | CN¥629.76 Million |
| 2022 | 16.69% | 44.30% | 0.14x | 2.68x | CN¥160.84 Million |
| 2023 | -5.76% | -19.54% | 0.08x | 3.67x | CN¥-332.62 Million |
Industry Comparison
This section compares Tianjin Songjiang Co Ltd's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.