Tian Di Science & Technology Co Ltd

SHG:600582 China Farm & Heavy Construction Machinery
Market Cap
$3.54 Billion
CN¥25.95 Billion CNY
Market Cap Rank
#6140 Global
#900 in China
Share Price
CN¥6.27
Change (1 day)
+0.00%
52-Week Range
CN¥5.72 - CN¥6.69
All Time High
CN¥7.98
Categories
Companies in China Farm & Heavy Construction Machinery
About

Tiandi Science & Technology Co.Ltd engages in the research, technology development, equipment development, engineering demonstration, testing, and inspection activities for the coal industry in China. It supplies intelligent technologies and equipment for coal mines, including intelligent mining, tunneling, and transportation, as well as mining equipment and washing equipment. The company also of… Read more

Tian Di Science & Technology Co Ltd (600582) - Net Assets

Latest net assets as of September 2025: CN¥32.01 Billion CNY

Based on the latest financial reports, Tian Di Science & Technology Co Ltd (600582) has net assets worth CN¥32.01 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¥58.44 Billion) and total liabilities (CN¥26.42 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¥32.01 Billion
% of Total Assets 54.78%
Annual Growth Rate 28.69%
5-Year Change 36.23%
10-Year Change 72.38%
Growth Volatility 59.37

Tian Di Science & Technology Co Ltd - Net Assets Trend (1999–2024)

This chart illustrates how Tian Di Science & Technology 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 Tian Di Science & Technology Co Ltd (1999–2024)

The table below shows the annual net assets of Tian Di Science & Technology Co Ltd from 1999 to 2024.

Year Net Assets Change
2024-12-31 CN¥30.79 Billion +5.95%
2023-12-31 CN¥29.06 Billion +16.03%
2022-12-31 CN¥25.04 Billion +6.02%
2021-12-31 CN¥23.62 Billion +4.52%
2020-12-31 CN¥22.60 Billion +4.62%
2019-12-31 CN¥21.60 Billion +3.67%
2018-12-31 CN¥20.84 Billion +5.49%
2017-12-31 CN¥19.75 Billion +5.68%
2016-12-31 CN¥18.69 Billion +4.64%
2015-12-31 CN¥17.86 Billion +20.42%
2014-12-31 CN¥14.83 Billion +50.01%
2013-12-31 CN¥9.89 Billion +10.17%
2012-12-31 CN¥8.97 Billion +23.29%
2011-12-31 CN¥7.28 Billion +29.95%
2010-12-31 CN¥5.60 Billion +31.36%
2009-12-31 CN¥4.26 Billion +60.05%
2008-12-31 CN¥2.66 Billion +39.16%
2007-12-31 CN¥1.91 Billion +89.87%
2006-12-31 CN¥1.01 Billion +55.92%
2005-12-31 CN¥646.75 Million +17.55%
2004-12-31 CN¥550.19 Million +13.15%
2003-12-31 CN¥486.26 Million +9.05%
2002-12-31 CN¥445.89 Million +306.64%
2001-12-31 CN¥109.65 Million +41.73%
2000-12-31 CN¥77.37 Million +37.78%
1999-12-31 CN¥56.16 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tian Di Science & Technology 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 97146.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥16.17 Billion 66.20%
Common Stock CN¥4.14 Billion 16.94%
Other Comprehensive Income CN¥1.42 Billion 5.82%
Other Components CN¥2.70 Billion 11.03%
Total Equity CN¥24.43 Billion 100.00%

Tian Di Science & Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Tian Di Science & Technology Co Ltd ranked by their market capitalization.

Company Market Cap
Shanxi Coal International Energy Group Co Ltd
SHG:600546
 		$1.37 Billion
Redfin Corp
NASDAQ:RDFN
 		$1.37 Billion
Nestle (Malaysia) Bhd
KLSE:4707
 		$1.37 Billion
Lakeland Financial Corporation
NASDAQ:LKFN
 		$1.37 Billion
Shenzhen International Holdings Limited
F:SXYA
 		$1.37 Billion
Industrial & Infrastructure Fund Investment Corp
F:2ES
 		$1.37 Billion
INTER CARS SA ZY 2
F:7FZ
 		$1.37 Billion
Zotye Automobile Co Ltd
SHE:000980
 		$1.37 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tian Di Science & Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 22,941,446,462 to 24,428,261,613, a change of 1,486,815,151 (6.5%).
  • Net income of 2,621,695,575 contributed positively to equity growth.
  • Dividend payments of 976,486,323 reduced retained earnings.
  • Other comprehensive income increased equity by 157,775,872.
  • Other factors decreased equity by 316,169,973.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.62 Billion +10.73%
Dividends Paid CN¥976.49 Million -4.0%
Other Comprehensive Income CN¥157.78 Million +0.65%
Other Changes CN¥-316.17 Million -1.29%
Total Change CN¥- 6.48%

Book Value vs Market Value Analysis

This analysis compares Tian Di Science & Technology 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: 1.06x
  • 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 271.09x to 1.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CN¥0.02 CN¥6.27 x
2000-12-31 CN¥0.03 CN¥6.27 x
2001-12-31 CN¥0.04 CN¥6.27 x
2002-12-31 CN¥0.18 CN¥6.27 x
2003-12-31 CN¥0.20 CN¥6.27 x
2004-12-31 CN¥0.22 CN¥6.27 x
2005-12-31 CN¥0.26 CN¥6.27 x
2006-12-31 CN¥0.37 CN¥6.27 x
2007-12-31 CN¥0.56 CN¥6.27 x
2008-12-31 CN¥0.77 CN¥6.27 x
2009-12-31 CN¥1.02 CN¥6.27 x
2010-12-31 CN¥1.36 CN¥6.27 x
2011-12-31 CN¥1.70 CN¥6.27 x
2012-12-31 CN¥2.13 CN¥6.27 x
2013-12-31 CN¥1.54 CN¥6.27 x
2014-12-31 CN¥2.59 CN¥6.27 x
2015-12-31 CN¥3.22 CN¥6.27 x
2016-12-31 CN¥3.38 CN¥6.27 x
2017-12-31 CN¥3.62 CN¥6.27 x
2018-12-31 CN¥3.80 CN¥6.27 x
2019-12-31 CN¥4.14 CN¥6.27 x
2020-12-31 CN¥4.36 CN¥6.27 x
2021-12-31 CN¥4.59 CN¥6.27 x
2022-12-31 CN¥4.92 CN¥6.27 x
2023-12-31 CN¥5.54 CN¥6.27 x
2024-12-31 CN¥5.90 CN¥6.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tian Di Science & Technology 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): 10.73%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.59%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 2.34x
  • Recent ROE (10.73%) is below the historical average (17.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 34.94% 20.69% 0.92x 1.84x CN¥14.01 Million
2000 32.57% 18.43% 0.81x 2.17x CN¥16.71 Million
2001 29.51% 17.45% 1.02x 1.65x CN¥20.63 Million
2002 7.79% 13.20% 0.49x 1.21x CN¥-9.62 Million
2003 8.05% 10.70% 0.52x 1.44x CN¥-9.26 Million
2004 11.40% 12.35% 0.65x 1.42x CN¥7.50 Million
2005 16.92% 11.48% 0.87x 1.69x CN¥43.31 Million
2006 26.04% 11.74% 0.83x 2.67x CN¥134.90 Million
2007 30.45% 13.05% 0.79x 2.94x CN¥278.11 Million
2008 26.41% 9.95% 0.82x 3.23x CN¥306.05 Million
2009 28.59% 10.78% 0.77x 3.44x CN¥460.39 Million
2010 25.79% 10.77% 0.75x 3.19x CN¥522.48 Million
2011 22.05% 7.68% 0.85x 3.38x CN¥498.18 Million
2012 21.98% 7.81% 0.83x 3.39x CN¥618.57 Million
2013 28.22% 9.11% 0.96x 3.23x CN¥1.07 Billion
2014 15.76% 9.20% 0.65x 2.63x CN¥616.01 Million
2015 9.23% 8.55% 0.43x 2.50x CN¥-102.29 Million
2016 6.65% 7.20% 0.37x 2.52x CN¥-469.69 Million
2017 6.30% 6.13% 0.42x 2.43x CN¥-554.37 Million
2018 6.11% 5.36% 0.48x 2.37x CN¥-612.97 Million
2019 6.47% 5.71% 0.53x 2.15x CN¥-604.01 Million
2020 7.57% 6.64% 0.54x 2.13x CN¥-438.61 Million
2021 8.53% 6.87% 0.56x 2.22x CN¥-280.16 Million
2022 9.58% 7.12% 0.63x 2.13x CN¥-85.13 Million
2023 10.28% 7.88% 0.56x 2.32x CN¥64.22 Million
2024 10.73% 8.59% 0.53x 2.34x CN¥178.87 Million

Industry Comparison

This section compares Tian Di Science & Technology Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.

Industry Context

  • Industry: Farm & Heavy Construction Machinery
  • Average net assets among peers: $4,713,679,816
  • Average return on equity (ROE) among peers: 9.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tian Di Science & Technology Co Ltd (600582) CN¥32.01 Billion 34.94% 0.83x $1.37 Billion
XCMG Construction Machinery Co Ltd (000425) $20.48 Billion 1.02% 1.15x $11.30 Billion
Guangxi Liugong Machinery Co Ltd (000528) $737.85 Million 2.72% 0.71x $1.96 Billion
Shantui Construction Machinery Co Ltd (000680) $4.51 Billion 1.03% 1.49x $1.25 Billion
JiangSu JiangHuai Engine Co Ltd (000816) $2.54 Billion -0.35% 0.35x $528.05 Million
Sinotruk Jinan Truck Co Ltd (000951) $14.59 Billion 1.46% 1.36x $1.65 Billion
Zhongtong Bus Holding Co Ltd (000957) $474.72 Million 1.13% 1.63x $610.98 Million
Anhui Tuoshan Heavy Industry Co. Ltd. (001226) $252.67 Million 34.83% 1.21x $123.77 Million
Nanchang Mineral Systems Co. Ltd. A (001360) $569.40 Million 21.21% 1.34x $202.86 Million
Sunward Intelligent Equipment Co Ltd (002097) $163.46 Million 23.10% 1.31x $970.29 Million
Weihai Guangtai Airport Equipment Co Ltd (002111) $2.82 Billion 8.32% 0.62x $383.43 Million