Tellhow Sci-Tech Co Ltd (600590) - Net Assets
Based on the latest financial reports, Tellhow Sci-Tech Co Ltd (600590) has net assets worth CN¥4.34 Billion CNY (≈ $634.68 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¥12.29 Billion ≈ $1.80 Billion USD) and total liabilities (CN¥7.95 Billion ≈ $1.16 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 Tellhow Sci-Tech Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.34 Billion |
| % of Total Assets | 35.29% |
| Annual Growth Rate | 15.98% |
| 5-Year Change | 7.61% |
| 10-Year Change | 31.44% |
| Growth Volatility | 35.27 |
Tellhow Sci-Tech Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Tellhow Sci-Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Tellhow Sci-Tech Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Tellhow Sci-Tech Co Ltd (1999–2024)
The table below shows the annual net assets of Tellhow Sci-Tech Co Ltd from 1999 to 2024. For live valuation and market cap data, see 600590 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.25 Billion ≈ $622.34 Million |
-2.63% |
| 2023-12-31 | CN¥4.37 Billion ≈ $639.15 Million |
-0.94% |
| 2022-12-31 | CN¥4.41 Billion ≈ $645.22 Million |
+1.87% |
| 2021-12-31 | CN¥4.33 Billion ≈ $633.37 Million |
+9.52% |
| 2020-12-31 | CN¥3.95 Billion ≈ $578.32 Million |
-6.29% |
| 2019-12-31 | CN¥4.22 Billion ≈ $617.10 Million |
-3.78% |
| 2018-12-31 | CN¥4.38 Billion ≈ $641.36 Million |
+12.94% |
| 2017-12-31 | CN¥3.88 Billion ≈ $567.89 Million |
-1.24% |
| 2016-12-31 | CN¥3.93 Billion ≈ $574.99 Million |
+21.44% |
| 2015-12-31 | CN¥3.24 Billion ≈ $473.48 Million |
+42.93% |
| 2014-12-31 | CN¥2.26 Billion ≈ $331.28 Million |
+2.29% |
| 2013-12-31 | CN¥2.21 Billion ≈ $323.87 Million |
-1.42% |
| 2012-12-31 | CN¥2.25 Billion ≈ $328.55 Million |
+15.36% |
| 2011-12-31 | CN¥1.95 Billion ≈ $284.79 Million |
-7.58% |
| 2010-12-31 | CN¥2.11 Billion ≈ $308.16 Million |
+3.72% |
| 2009-12-31 | CN¥2.03 Billion ≈ $297.11 Million |
+57.14% |
| 2008-12-31 | CN¥1.29 Billion ≈ $189.07 Million |
+5.91% |
| 2007-12-31 | CN¥1.22 Billion ≈ $178.51 Million |
+35.53% |
| 2006-12-31 | CN¥900.08 Million ≈ $131.71 Million |
+84.04% |
| 2005-12-31 | CN¥489.06 Million ≈ $71.56 Million |
+10.54% |
| 2004-12-31 | CN¥442.43 Million ≈ $64.74 Million |
+12.45% |
| 2003-12-31 | CN¥393.46 Million ≈ $57.58 Million |
+10.12% |
| 2002-12-31 | CN¥357.29 Million ≈ $52.28 Million |
+159.11% |
| 2001-12-31 | CN¥137.89 Million ≈ $20.18 Million |
+19.18% |
| 2000-12-31 | CN¥115.70 Million ≈ $16.93 Million |
+10.73% |
| 1999-12-31 | CN¥104.49 Million ≈ $15.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tellhow Sci-Tech 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 8582.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥852.87 Million | 27.59% |
| Other Comprehensive Income | CN¥-232.62K | -0.01% |
| Other Components | CN¥2.78 Billion | 89.98% |
| Total Equity | CN¥3.09 Billion | 100.00% |
Tellhow Sci-Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Tellhow Sci-Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Mateus S.A
SA:GMAT3
|
$1.96 Billion |
|
Fresh Del Monte Produce Inc
NYSE:FDP
|
$1.96 Billion |
|
Iridium Communications Inc
NASDAQ:IRDM
|
$1.96 Billion |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949
|
$1.96 Billion |
|
Aecon Group Inc.
TO:ARE
|
$1.96 Billion |
|
Digital China Information Service Co Ltd
SHE:000555
|
$1.96 Billion |
|
Datang International Power Generation Co. Ltd
F:BJI
|
$1.96 Billion |
|
J.Pond Precision Technology Co. Ltd. A
SHE:301326
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tellhow Sci-Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,481,885,279 to 3,091,446,908, a change of -390,438,371 (-11.2%).
- Net loss of 991,034,435 reduced equity.
- Dividend payments of 208,880,803 reduced retained earnings.
- Other comprehensive income increased equity by 163,782,432.
- Other factors increased equity by 645,694,435.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-991.03 Million | -32.06% |
| Dividends Paid | CN¥208.88 Million | -6.76% |
| Other Comprehensive Income | CN¥163.78 Million | +5.3% |
| Other Changes | CN¥645.69 Million | +20.89% |
| Total Change | CN¥- | -11.21% |
Book Value vs Market Value Analysis
This analysis compares Tellhow Sci-Tech 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: 4.34x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 51.74x to 4.34x 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¥0.30 | CN¥15.69 | x |
| 2000-12-31 | CN¥0.35 | CN¥15.69 | x |
| 2001-12-31 | CN¥0.41 | CN¥15.69 | x |
| 2002-12-31 | CN¥1.00 | CN¥15.69 | x |
| 2003-12-31 | CN¥1.11 | CN¥15.69 | x |
| 2004-12-31 | CN¥1.27 | CN¥15.69 | x |
| 2005-12-31 | CN¥1.38 | CN¥15.69 | x |
| 2006-12-31 | CN¥2.05 | CN¥15.69 | x |
| 2007-12-31 | CN¥1.98 | CN¥15.69 | x |
| 2008-12-31 | CN¥2.14 | CN¥15.69 | x |
| 2009-12-31 | CN¥3.94 | CN¥15.69 | x |
| 2010-12-31 | CN¥2.89 | CN¥15.69 | x |
| 2011-12-31 | CN¥2.96 | CN¥15.69 | x |
| 2012-12-31 | CN¥3.38 | CN¥15.69 | x |
| 2013-12-31 | CN¥3.36 | CN¥15.69 | x |
| 2014-12-31 | CN¥3.44 | CN¥15.69 | x |
| 2015-12-31 | CN¥4.44 | CN¥15.69 | x |
| 2016-12-31 | CN¥4.49 | CN¥15.69 | x |
| 2017-12-31 | CN¥4.29 | CN¥15.69 | x |
| 2018-12-31 | CN¥5.20 | CN¥15.69 | x |
| 2019-12-31 | CN¥4.70 | CN¥15.69 | x |
| 2020-12-31 | CN¥4.17 | CN¥15.69 | x |
| 2021-12-31 | CN¥4.47 | CN¥15.69 | x |
| 2022-12-31 | CN¥4.15 | CN¥15.69 | x |
| 2023-12-31 | CN¥4.33 | CN¥15.69 | x |
| 2024-12-31 | CN¥3.62 | CN¥15.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tellhow Sci-Tech 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): -32.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.75%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.94x
- Recent ROE (-32.06%) is below the historical average (4.33%), 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 | 7.44% | 5.28% | 0.60x | 2.37x | CN¥-2.58 Million |
| 2000 | 11.73% | 5.70% | 0.93x | 2.21x | CN¥1.99 Million |
| 2001 | 16.18% | 6.71% | 0.95x | 2.53x | CN¥8.47 Million |
| 2002 | 7.48% | 6.47% | 0.59x | 1.96x | CN¥-8.35 Million |
| 2003 | 10.33% | 7.69% | 0.65x | 2.07x | CN¥1.20 Million |
| 2004 | 13.47% | 7.49% | 0.69x | 2.62x | CN¥14.59 Million |
| 2005 | 11.15% | 6.22% | 0.60x | 3.01x | CN¥5.29 Million |
| 2006 | 7.71% | 3.92% | 0.90x | 2.19x | CN¥-19.10 Million |
| 2007 | 9.26% | 4.21% | 0.65x | 3.40x | CN¥-6.77 Million |
| 2008 | 9.32% | 4.01% | 0.68x | 3.40x | CN¥-6.66 Million |
| 2009 | 5.86% | 4.11% | 0.57x | 2.52x | CN¥-69.42 Million |
| 2010 | 3.20% | 1.82% | 0.61x | 2.86x | CN¥-115.26 Million |
| 2011 | 3.12% | 1.84% | 0.60x | 2.81x | CN¥-119.30 Million |
| 2012 | 3.18% | 2.80% | 0.42x | 2.72x | CN¥-148.73 Million |
| 2013 | 0.69% | 0.59% | 0.39x | 2.97x | CN¥-198.80 Million |
| 2014 | 2.68% | 2.01% | 0.50x | 2.66x | CN¥-160.07 Million |
| 2015 | 2.77% | 2.47% | 0.49x | 2.31x | CN¥-224.40 Million |
| 2016 | 3.25% | 3.17% | 0.45x | 2.26x | CN¥-256.97 Million |
| 2017 | 6.75% | 4.94% | 0.49x | 2.82x | CN¥-121.10 Million |
| 2018 | 6.54% | 4.28% | 0.47x | 3.28x | CN¥-138.64 Million |
| 2019 | 3.62% | 2.72% | 0.41x | 3.21x | CN¥-254.38 Million |
| 2020 | -7.35% | -4.81% | 0.39x | 3.88x | CN¥-621.10 Million |
| 2021 | 2.46% | 1.80% | 0.37x | 3.74x | CN¥-283.01 Million |
| 2022 | 2.19% | 1.25% | 0.44x | 3.96x | CN¥-275.95 Million |
| 2023 | 1.62% | 1.31% | 0.31x | 3.90x | CN¥-291.94 Million |
| 2024 | -32.06% | -22.75% | 0.36x | 3.94x | CN¥-1.30 Billion |
Industry Comparison
This section compares Tellhow Sci-Tech Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $3,270,610,270
- Average return on equity (ROE) among peers: 6.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tellhow Sci-Tech Co Ltd (600590) | CN¥4.34 Billion | 7.44% | 1.83x | $1.96 Billion |
| Konka Group Co Ltd (000016) | $3.29 Billion | 3.02% | 1.93x | $756.97 Million |
| Tianma Microelectronics Co Ltd (000050) | $13.76 Billion | 4.14% | 0.58x | $2.74 Billion |
| Guangdong Goworld Co Ltd (000823) | $1.01 Billion | 4.02% | 1.24x | $1.17 Billion |
| Soyea Technology Co Ltd (000909) | $1.98 Billion | 4.97% | 1.20x | $298.48 Million |
| Guoguang Electric Co Ltd (002045) | $650.56 Million | 7.89% | 0.74x | $928.45 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $6.77 Billion | 16.55% | 0.95x | $4.51 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $1.14 Billion | -2.98% | 0.48x | $318.38 Million |
| Goertek Inc (002241) | $874.59 Million | 14.02% | 0.63x | $12.71 Billion |
| Edifier Technology Co Ltd (002351) | $1.57 Billion | 6.28% | 0.09x | $1.45 Billion |
| Guangzhou Echom Sci&Tech Co Ltd (002420) | $1.66 Billion | 2.84% | 1.44x | $440.55 Million |
About Tellhow Sci-Tech Co Ltd
Tellhow Sci-Tech Co., Ltd. provides military, emergency, and intelligent power equipment in China and internationally. The company offers communication command system integration and information vehicles; satellite navigation and vehicle electronic information system products; photoelectric imaging and precision tracking and measuring products; combat command support systems; military power stati… Read more