Tian Di Science & Technology Co Ltd (600582) - Net Assets
Based on the latest financial reports, Tian Di Science & Technology Co Ltd (600582) has net assets worth CN¥32.01 Billion CNY (≈ $4.68 Billion 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¥58.44 Billion ≈ $8.55 Billion USD) and total liabilities (CN¥26.42 Billion ≈ $3.87 Billion 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 Tian Di Science & Technology Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Tian Di Science & Technology Co Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Tian Di Science & Technology Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥30.79 Billion ≈ $4.51 Billion |
+5.95% |
| 2023-12-31 | CN¥29.06 Billion ≈ $4.25 Billion |
+16.03% |
| 2022-12-31 | CN¥25.04 Billion ≈ $3.66 Billion |
+6.02% |
| 2021-12-31 | CN¥23.62 Billion ≈ $3.46 Billion |
+4.52% |
| 2020-12-31 | CN¥22.60 Billion ≈ $3.31 Billion |
+4.62% |
| 2019-12-31 | CN¥21.60 Billion ≈ $3.16 Billion |
+3.67% |
| 2018-12-31 | CN¥20.84 Billion ≈ $3.05 Billion |
+5.49% |
| 2017-12-31 | CN¥19.75 Billion ≈ $2.89 Billion |
+5.68% |
| 2016-12-31 | CN¥18.69 Billion ≈ $2.73 Billion |
+4.64% |
| 2015-12-31 | CN¥17.86 Billion ≈ $2.61 Billion |
+20.42% |
| 2014-12-31 | CN¥14.83 Billion ≈ $2.17 Billion |
+50.01% |
| 2013-12-31 | CN¥9.89 Billion ≈ $1.45 Billion |
+10.17% |
| 2012-12-31 | CN¥8.97 Billion ≈ $1.31 Billion |
+23.29% |
| 2011-12-31 | CN¥7.28 Billion ≈ $1.07 Billion |
+29.95% |
| 2010-12-31 | CN¥5.60 Billion ≈ $819.65 Million |
+31.36% |
| 2009-12-31 | CN¥4.26 Billion ≈ $623.98 Million |
+60.05% |
| 2008-12-31 | CN¥2.66 Billion ≈ $389.87 Million |
+39.16% |
| 2007-12-31 | CN¥1.91 Billion ≈ $280.17 Million |
+89.87% |
| 2006-12-31 | CN¥1.01 Billion ≈ $147.56 Million |
+55.92% |
| 2005-12-31 | CN¥646.75 Million ≈ $94.64 Million |
+17.55% |
| 2004-12-31 | CN¥550.19 Million ≈ $80.51 Million |
+13.15% |
| 2003-12-31 | CN¥486.26 Million ≈ $71.16 Million |
+9.05% |
| 2002-12-31 | CN¥445.89 Million ≈ $65.25 Million |
+306.64% |
| 2001-12-31 | CN¥109.65 Million ≈ $16.05 Million |
+41.73% |
| 2000-12-31 | CN¥77.37 Million ≈ $11.32 Million |
+37.78% |
| 1999-12-31 | CN¥56.16 Million ≈ $8.22 Million |
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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 |
|---|---|
|
Schibsted ASA A
OL:SCHA
|
$3.45 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
$3.45 Billion |
|
Changzheng Engineering Co Ltd
SHG:603698
|
$3.45 Billion |
|
China Airlines Ltd
TW:2610
|
$3.45 Billion |
|
QL Resources Bhd
KLSE:7084
|
$3.45 Billion |
|
Scotts Miracle-Gro Company
NYSE:SMG
|
$3.45 Billion |
|
Nuscale Power Corp
NYSE:SMR
|
$3.45 Billion |
|
Advance Auto Parts Inc
NYSE:AAP
|
$3.44 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: 0.96x
- 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 decreased from 246.01x to 0.96x 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¥5.69 | x |
| 2000-12-31 | CN¥0.03 | CN¥5.69 | x |
| 2001-12-31 | CN¥0.04 | CN¥5.69 | x |
| 2002-12-31 | CN¥0.18 | CN¥5.69 | x |
| 2003-12-31 | CN¥0.20 | CN¥5.69 | x |
| 2004-12-31 | CN¥0.22 | CN¥5.69 | x |
| 2005-12-31 | CN¥0.26 | CN¥5.69 | x |
| 2006-12-31 | CN¥0.37 | CN¥5.69 | x |
| 2007-12-31 | CN¥0.56 | CN¥5.69 | x |
| 2008-12-31 | CN¥0.77 | CN¥5.69 | x |
| 2009-12-31 | CN¥1.02 | CN¥5.69 | x |
| 2010-12-31 | CN¥1.36 | CN¥5.69 | x |
| 2011-12-31 | CN¥1.70 | CN¥5.69 | x |
| 2012-12-31 | CN¥2.13 | CN¥5.69 | x |
| 2013-12-31 | CN¥1.54 | CN¥5.69 | x |
| 2014-12-31 | CN¥2.59 | CN¥5.69 | x |
| 2015-12-31 | CN¥3.22 | CN¥5.69 | x |
| 2016-12-31 | CN¥3.38 | CN¥5.69 | x |
| 2017-12-31 | CN¥3.62 | CN¥5.69 | x |
| 2018-12-31 | CN¥3.80 | CN¥5.69 | x |
| 2019-12-31 | CN¥4.14 | CN¥5.69 | x |
| 2020-12-31 | CN¥4.36 | CN¥5.69 | x |
| 2021-12-31 | CN¥4.59 | CN¥5.69 | x |
| 2022-12-31 | CN¥4.92 | CN¥5.69 | x |
| 2023-12-31 | CN¥5.54 | CN¥5.69 | x |
| 2024-12-31 | CN¥5.90 | CN¥5.69 | 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: $1,600,349,306
- Average return on equity (ROE) among peers: 13.70%
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 | $3.45 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $1.04 Billion | 14.79% | 0.42x | $8.26 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $0.00 | 0.00% | 0.00x | $17.11 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $2.65 Billion | 12.82% | 1.37x | $2.88 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $970.37 Million | 15.86% | 0.84x | $2.61 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $2.50 Billion | -1.91% | 0.42x | $683.93 Million |
| HBIS Resources Co Ltd (000923) | $407.94 Million | 61.88% | 2.45x | $1.60 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $3.16 Billion | 13.53% | 4.08x | $3.76 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $798.12 Million | 13.09% | 3.08x | $1.04 Billion |
| Sunward Intelligent Equipment Co Ltd (002097) | $2.42 Billion | -1.21% | 1.61x | $1.56 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $2.05 Billion | 8.15% | 0.63x | $857.91 Million |
About Tian Di Science & Technology Co Ltd
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