Tande Co Ltd Net Assets
Tande Co Ltd net assets. Based on the latest financial reports, Tande Co Ltd (600665) has net assets worth CN¥1.76 Billion CNY (≈ $257.75 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥20.24 Billion ≈ $2.96 Billion USD) and total liabilities (CN¥18.48 Billion ≈ $2.70 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. Also explore 600665 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.76 Billion |
| % of Total Assets | 8.7% |
| Annual Growth Rate | 4.2% |
| 5-Year Change | -48.59% |
| 10-Year Change | -19.3% |
| Growth Volatility | 22.95 |
Net Assets of Tande Co Ltd (1993–2025)
Net assets of Tande Co Ltd from 1993 to 2025. This chart illustrates how Tande Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Tande Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Tande Co Ltd (1993–2025)
The table below shows the annual net assets of Tande Co Ltd from 1993 to 2025. For live market cap and overall valuation, see Tande Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.34 Billion ≈ $341.91 Million |
-38.05% |
| 2024-12-31 | CN¥3.77 Billion ≈ $551.94 Million |
-19.78% |
| 2023-12-31 | CN¥4.70 Billion ≈ $688.04 Million |
-8.31% |
| 2022-12-31 | CN¥5.13 Billion ≈ $750.40 Million |
+12.84% |
| 2021-12-31 | CN¥4.54 Billion ≈ $665.01 Million |
+7.38% |
| 2020-12-31 | CN¥4.23 Billion ≈ $619.28 Million |
+5.32% |
| 2019-12-31 | CN¥4.02 Billion ≈ $587.99 Million |
+17.49% |
| 2018-12-31 | CN¥3.42 Billion ≈ $500.48 Million |
+11.17% |
| 2017-12-31 | CN¥3.08 Billion ≈ $450.19 Million |
+6.26% |
| 2016-12-31 | CN¥2.90 Billion ≈ $423.67 Million |
+5.76% |
| 2015-12-31 | CN¥2.74 Billion ≈ $400.61 Million |
+4.69% |
| 2014-12-31 | CN¥2.62 Billion ≈ $382.68 Million |
+9.50% |
| 2013-12-31 | CN¥2.39 Billion ≈ $349.47 Million |
+4.89% |
| 2012-12-31 | CN¥2.28 Billion ≈ $333.18 Million |
+4.27% |
| 2011-12-31 | CN¥2.18 Billion ≈ $319.52 Million |
+14.29% |
| 2010-12-31 | CN¥1.91 Billion ≈ $279.57 Million |
+15.53% |
| 2009-12-31 | CN¥1.65 Billion ≈ $242.00 Million |
+8.50% |
| 2008-12-31 | CN¥1.52 Billion ≈ $223.03 Million |
+6.05% |
| 2007-12-31 | CN¥1.44 Billion ≈ $210.30 Million |
+1.20% |
| 2006-12-31 | CN¥1.42 Billion ≈ $207.82 Million |
+1.94% |
| 2005-12-31 | CN¥1.39 Billion ≈ $203.87 Million |
+3.72% |
| 2004-12-31 | CN¥1.34 Billion ≈ $196.56 Million |
+2.57% |
| 2003-12-31 | CN¥1.31 Billion ≈ $191.63 Million |
+4.17% |
| 2002-12-31 | CN¥1.26 Billion ≈ $183.95 Million |
+0.80% |
| 2001-12-31 | CN¥1.25 Billion ≈ $182.50 Million |
-7.16% |
| 2000-12-31 | CN¥1.34 Billion ≈ $196.57 Million |
+0.91% |
| 1999-12-31 | CN¥1.33 Billion ≈ $194.79 Million |
-1.69% |
| 1998-12-31 | CN¥1.35 Billion ≈ $198.14 Million |
+4.10% |
| 1997-12-31 | CN¥1.30 Billion ≈ $190.34 Million |
+52.91% |
| 1996-12-31 | CN¥850.68 Million ≈ $124.48 Million |
+10.28% |
| 1995-12-31 | CN¥771.35 Million ≈ $112.87 Million |
-- |
| 1994-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1993-12-31 | CN¥626.31 Million ≈ $91.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tande 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 306.6% over the analyzed period, indicating profitable operations and earnings retention.
Tande Co Ltd Net Assets Breakdown (December 2025)
Tande Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥181.05 Million | 11.50% |
| Other Components | CN¥1.39 Billion | 88.50% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Tande Co Ltd Competitors by Market Cap
The table below lists competitors of Tande Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leaguer Shenzhen MicroElectronics Corp
SHG:688589
|
$355.36 Million |
|
Aic Mines Ltd
AU:A1M
|
$355.55 Million |
|
Winner Information Technology Co Inc
SHE:300609
|
$355.57 Million |
|
Guangdong PAK Corporation Co Ltd
SHE:300625
|
$355.61 Million |
|
Inner Mongolia North Hauler Joint Stock Co Ltd
SHG:600262
|
$355.23 Million |
|
Freegold Ventures Limited
TO:FVL
|
$355.22 Million |
|
EGing Photovoltaic Technology Co Ltd
SHG:600537
|
$355.09 Million |
|
Oma Saastopankki Oyj
HE:OMASP
|
$355.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tande Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,875,503,227 to 1,574,400,500, a change of -1,301,102,727 (-45.2%).
- Net loss of 1,301,078,501 reduced equity.
- Dividend payments of 789,685,804 reduced retained earnings.
- Other comprehensive income decreased equity by 330,479,571.
- Other factors increased equity by 1,120,141,150.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.30 Billion | -82.64% |
| Dividends Paid | CN¥789.69 Million | -50.16% |
| Other Comprehensive Income | CN¥-330.48 Million | -20.99% |
| Other Changes | CN¥1.12 Billion | +71.15% |
| Total Change | CN¥- | -45.25% |
Book Value vs Market Value Analysis
This analysis compares Tande 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: 1.54x
- 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 3.95x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.71 | CN¥2.81 | x |
| 1994-12-31 | CN¥0.89 | CN¥2.81 | x |
| 1995-12-31 | CN¥0.87 | CN¥2.81 | x |
| 1996-12-31 | CN¥0.96 | CN¥2.81 | x |
| 1997-12-31 | CN¥1.47 | CN¥2.81 | x |
| 1998-12-31 | CN¥1.53 | CN¥2.81 | x |
| 1999-12-31 | CN¥1.51 | CN¥2.81 | x |
| 2000-12-31 | CN¥1.52 | CN¥2.81 | x |
| 2001-12-31 | CN¥1.41 | CN¥2.81 | x |
| 2002-12-31 | CN¥1.42 | CN¥2.81 | x |
| 2003-12-31 | CN¥1.49 | CN¥2.81 | x |
| 2004-12-31 | CN¥1.52 | CN¥2.81 | x |
| 2005-12-31 | CN¥1.56 | CN¥2.81 | x |
| 2006-12-31 | CN¥1.62 | CN¥2.81 | x |
| 2007-12-31 | CN¥1.62 | CN¥2.81 | x |
| 2008-12-31 | CN¥1.72 | CN¥2.81 | x |
| 2009-12-31 | CN¥1.81 | CN¥2.81 | x |
| 2010-12-31 | CN¥1.98 | CN¥2.81 | x |
| 2011-12-31 | CN¥2.25 | CN¥2.81 | x |
| 2012-12-31 | CN¥2.53 | CN¥2.81 | x |
| 2013-12-31 | CN¥2.75 | CN¥2.81 | x |
| 2014-12-31 | CN¥2.99 | CN¥2.81 | x |
| 2015-12-31 | CN¥3.12 | CN¥2.81 | x |
| 2016-12-31 | CN¥3.31 | CN¥2.81 | x |
| 2017-12-31 | CN¥3.52 | CN¥2.81 | x |
| 2018-12-31 | CN¥3.92 | CN¥2.81 | x |
| 2019-12-31 | CN¥4.27 | CN¥2.81 | x |
| 2020-12-31 | CN¥4.53 | CN¥2.81 | x |
| 2021-12-31 | CN¥4.81 | CN¥2.81 | x |
| 2022-12-31 | CN¥5.08 | CN¥2.81 | x |
| 2023-12-31 | CN¥4.51 | CN¥2.81 | x |
| 2024-12-31 | CN¥3.33 | CN¥2.81 | x |
| 2025-12-31 | CN¥1.82 | CN¥2.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tande 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): -82.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.35%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 14.23x
- Recent ROE (-82.64%) is below the historical average (3.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 7.11% | 12.77% | 0.51x | 1.09x | CN¥-18.07 Million |
| 1994 | 10.38% | 24.78% | 0.38x | 1.09x | CN¥2.95 Million |
| 1995 | 7.13% | 8.53% | 0.66x | 1.28x | CN¥-21.97 Million |
| 1996 | 9.39% | 9.04% | 0.81x | 1.28x | CN¥-5.13 Million |
| 1997 | 7.12% | 10.86% | 0.56x | 1.16x | CN¥-37.30 Million |
| 1998 | 3.84% | 6.42% | 0.47x | 1.27x | CN¥-82.84 Million |
| 1999 | 0.84% | 0.99% | 0.65x | 1.30x | CN¥-121.35 Million |
| 2000 | 0.96% | 1.70% | 0.47x | 1.19x | CN¥-120.89 Million |
| 2001 | 1.10% | 1.66% | 0.62x | 1.07x | CN¥-110.43 Million |
| 2002 | 0.68% | 1.09% | 0.53x | 1.19x | CN¥-116.54 Million |
| 2003 | 4.15% | 5.48% | 0.56x | 1.36x | CN¥-76.52 Million |
| 2004 | 4.55% | 8.82% | 0.28x | 1.87x | CN¥-72.96 Million |
| 2005 | 4.89% | 7.06% | 0.35x | 1.96x | CN¥-69.95 Million |
| 2006 | 5.11% | 7.80% | 0.27x | 2.41x | CN¥-68.29 Million |
| 2007 | 5.75% | 7.37% | 0.23x | 3.34x | CN¥-59.52 Million |
| 2008 | 8.52% | 8.76% | 0.31x | 3.15x | CN¥-22.10 Million |
| 2009 | 8.88% | 7.48% | 0.30x | 3.99x | CN¥-17.48 Million |
| 2010 | 11.06% | 9.25% | 0.27x | 4.49x | CN¥18.19 Million |
| 2011 | 11.75% | 9.73% | 0.28x | 4.35x | CN¥33.87 Million |
| 2012 | 11.09% | 10.67% | 0.25x | 4.10x | CN¥23.76 Million |
| 2013 | 11.22% | 9.89% | 0.23x | 4.87x | CN¥28.94 Million |
| 2014 | 11.41% | 9.16% | 0.23x | 5.43x | CN¥36.37 Million |
| 2015 | 7.67% | 6.96% | 0.17x | 6.43x | CN¥-63.02 Million |
| 2016 | 8.05% | 6.18% | 0.19x | 6.69x | CN¥-55.73 Million |
| 2017 | 8.34% | 6.42% | 0.18x | 7.08x | CN¥-50.47 Million |
| 2018 | 12.40% | 7.98% | 0.24x | 6.41x | CN¥81.51 Million |
| 2019 | 11.49% | 7.58% | 0.19x | 7.85x | CN¥55.07 Million |
| 2020 | 8.40% | 6.20% | 0.16x | 8.68x | CN¥-62.52 Million |
| 2021 | 9.06% | 5.43% | 0.17x | 9.93x | CN¥-39.04 Million |
| 2022 | 15.97% | 6.64% | 0.26x | 9.19x | CN¥261.85 Million |
| 2023 | -10.02% | -3.39% | 0.33x | 9.06x | CN¥-779.94 Million |
| 2024 | -35.47% | -9.49% | 0.38x | 9.85x | CN¥-1.31 Billion |
| 2025 | -82.64% | -21.35% | 0.27x | 14.23x | CN¥-1.46 Billion |
Industry Comparison
This section compares Tande Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,951,762,626
- Average return on equity (ROE) among peers: -4.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tande Co Ltd (600665) | CN¥1.76 Billion | 7.11% | 10.49x | $355.32 Million |
| Shenzhen SEG Co Ltd (000058) | $1.70 Billion | 5.91% | 1.18x | $945.29 Million |
| 5I5j Holding Group Co Ltd (000560) | $177.80 Million | -45.08% | 5.20x | $1.01 Billion |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.36 Billion | -8.47% | 0.79x | $333.44 Million |
| Beijing Mainstreets Investment (000609) | $169.46 Million | 14.86% | 0.38x | $418.65 Million |
| Rongfeng Holding Group (000668) | $743.35 Million | -49.48% | 0.85x | $312.00 Million |
| Sanxiang Co Ltd (000863) | $3.07 Billion | 4.76% | 2.75x | $704.92 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $8.00 Billion | 3.58% | 1.06x | $1.32 Billion |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $2.28 Billion | -28.48% | 0.48x | $685.29 Million |
| Chongqing New Dazheng Property Grp (002968) | $115.44 Million | 42.95% | 1.11x | $288.07 Million |
| Shenzhen SEG Co Ltd (200058) | $1.89 Billion | 9.60% | 1.07x | $50.65 Million |
About Tande Co Ltd
Tande Co., Ltd. engages in the real estate development in China. The company is also involved in the leasing of properties, property management, industrial investment, asset management, and domestic trade, as well as hydropower generation. In addition, it provides related consulting services. The company was founded in 1991 and is based in Xi'an, China. Tande Co., Ltd. operates as a subsidiary of… Read more