Tianjin Capital Environmental Protection Group Co Ltd (600874) - Net Assets

Latest as of December 2025: CN¥13.00 Billion CNY ≈ $1.90 Billion USD

Based on the latest financial reports, Tianjin Capital Environmental Protection Group Co Ltd (600874) has net assets worth CN¥13.00 Billion CNY (≈ $1.90 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥26.00 Billion ≈ $3.80 Billion USD) and total liabilities (CN¥13.00 Billion ≈ $1.90 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 600874 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥13.00 Billion
% of Total Assets 50.0%
Annual Growth Rate 6.07%
5-Year Change 60.4%
10-Year Change 159.78%
Growth Volatility 10.38

Tianjin Capital Environmental Protection Group Co Ltd - Net Assets Trend (1995–2025)

This chart illustrates how Tianjin Capital Environmental Protection Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Tianjin Capital Environmental Protection for the complete picture of this company's asset base.

Annual Net Assets for Tianjin Capital Environmental Protection Group Co Ltd (1995–2025)

The table below shows the annual net assets of Tianjin Capital Environmental Protection Group Co Ltd from 1995 to 2025. For live valuation and market cap data, see market cap of Tianjin Capital Environmental Protection.

Year Net Assets Change
2025-12-31 CN¥13.00 Billion
≈ $1.90 Billion		 +20.39%
2024-12-31 CN¥10.80 Billion
≈ $1.58 Billion		 +5.69%
2023-12-31 CN¥10.22 Billion
≈ $1.49 Billion		 +7.51%
2022-12-31 CN¥9.50 Billion
≈ $1.39 Billion		 +17.25%
2021-12-31 CN¥8.10 Billion
≈ $1.19 Billion		 +6.89%
2020-12-31 CN¥7.58 Billion
≈ $1.11 Billion		 +6.15%
2019-12-31 CN¥7.14 Billion
≈ $1.05 Billion		 +7.97%
2018-12-31 CN¥6.61 Billion
≈ $967.98 Million		 +22.19%
2017-12-31 CN¥5.41 Billion
≈ $792.21 Million		 +8.19%
2016-12-31 CN¥5.00 Billion
≈ $732.22 Million		 +8.34%
2015-12-31 CN¥4.62 Billion
≈ $675.87 Million		 +6.47%
2014-12-31 CN¥4.34 Billion
≈ $634.78 Million		 +4.92%
2013-12-31 CN¥4.13 Billion
≈ $605.01 Million		 +5.13%
2012-12-31 CN¥3.93 Billion
≈ $575.47 Million		 +5.84%
2011-12-31 CN¥3.72 Billion
≈ $543.73 Million		 +3.90%
2010-12-31 CN¥3.58 Billion
≈ $523.31 Million		 +4.70%
2009-12-31 CN¥3.42 Billion
≈ $499.80 Million		 +5.87%
2008-12-31 CN¥3.23 Billion
≈ $472.09 Million		 +7.25%
2007-12-31 CN¥3.01 Billion
≈ $440.17 Million		 +19.45%
2006-12-31 CN¥2.52 Billion
≈ $368.49 Million		 +7.88%
2005-12-31 CN¥2.33 Billion
≈ $341.58 Million		 +3.64%
2004-12-31 CN¥2.25 Billion
≈ $329.59 Million		 +11.48%
2003-12-31 CN¥2.02 Billion
≈ $295.64 Million		 +15.86%
2002-12-31 CN¥1.74 Billion
≈ $255.17 Million		 +11.09%
2001-12-31 CN¥1.57 Billion
≈ $229.71 Million		 +11.60%
2000-12-31 CN¥1.41 Billion
≈ $205.84 Million		 +14.69%
1999-12-31 CN¥1.23 Billion
≈ $179.47 Million		 -23.24%
1998-12-31 CN¥1.60 Billion
≈ $233.81 Million		 -29.55%
1997-12-31 CN¥2.27 Billion
≈ $331.90 Million		 +0.24%
1996-12-31 CN¥2.26 Billion
≈ $331.11 Million		 +1.86%
1995-12-31 CN¥2.22 Billion
≈ $325.07 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Tianjin Capital Environmental Protection Group 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 7095.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥6.64 Billion 64.72%
Common Stock CN¥1.57 Billion 15.31%
Other Comprehensive Income CN¥938.67 Million 9.15%
Other Components CN¥1.11 Billion 10.82%
Total Equity CN¥10.26 Billion 100.00%

Tianjin Capital Environmental Protection Group Co Ltd Competitors by Market Cap

The table below lists competitors of Tianjin Capital Environmental Protection Group Co Ltd ranked by their market capitalization.

Company Market Cap
Econergy Renewable Energy Ltd
TA:ECNR
 $1.12 Billion
Beijing Creative Distribution Automation Co Ltd
SHE:002350
 $1.12 Billion
Titagarh Rail Systems Limited
NSE:TITAGARH
 $1.12 Billion
Siam Global House Public Company Limited
BK:GLOBAL
 $1.12 Billion
Douglas AG
XETRA:DOU
 $1.12 Billion
Tianjin Silvery Dragon
SHG:603969
 $1.12 Billion
Sichuan Lutianhua Co Ltd
SHE:000912
 $1.12 Billion
Neuren Pharmaceuticals Ltd
AU:NEU
 $1.12 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tianjin Capital Environmental Protection Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 9,668,867,730 to 10,259,318,284, a change of 590,450,554 (6.1%).
  • Net income of 862,357,236 contributed positively to equity growth.
  • Dividend payments of 266,971,074 reduced retained earnings.
  • Other comprehensive income increased equity by 938,668,079.
  • Other factors decreased equity by 943,603,687.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥862.36 Million +8.41%
Dividends Paid CN¥266.97 Million -2.6%
Other Comprehensive Income CN¥938.67 Million +9.15%
Other Changes CN¥-943.60 Million -9.2%
Total Change CN¥- 6.11%

Book Value vs Market Value Analysis

This analysis compares Tianjin Capital Environmental Protection Group 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: 0.95x
  • 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 3.70x to 0.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥1.68 CN¥6.21 x
1996-12-31 CN¥1.71 CN¥6.21 x
1997-12-31 CN¥1.72 CN¥6.21 x
1998-12-31 CN¥1.21 CN¥6.21 x
1999-12-31 CN¥0.93 CN¥6.21 x
2000-12-31 CN¥1.06 CN¥6.21 x
2001-12-31 CN¥1.19 CN¥6.21 x
2002-12-31 CN¥1.32 CN¥6.21 x
2003-12-31 CN¥1.53 CN¥6.21 x
2004-12-31 CN¥1.69 CN¥6.21 x
2005-12-31 CN¥1.73 CN¥6.21 x
2006-12-31 CN¥1.82 CN¥6.21 x
2007-12-31 CN¥2.07 CN¥6.21 x
2008-12-31 CN¥2.15 CN¥6.21 x
2009-12-31 CN¥2.30 CN¥6.21 x
2010-12-31 CN¥2.42 CN¥6.21 x
2011-12-31 CN¥2.46 CN¥6.21 x
2012-12-31 CN¥2.67 CN¥6.21 x
2013-12-31 CN¥2.82 CN¥6.21 x
2014-12-31 CN¥2.98 CN¥6.21 x
2015-12-31 CN¥3.06 CN¥6.21 x
2016-12-31 CN¥3.32 CN¥6.21 x
2017-12-31 CN¥3.62 CN¥6.21 x
2018-12-31 CN¥4.06 CN¥6.21 x
2019-12-31 CN¥4.33 CN¥6.21 x
2020-12-31 CN¥4.62 CN¥6.21 x
2021-12-31 CN¥4.99 CN¥6.21 x
2022-12-31 CN¥5.76 CN¥6.21 x
2023-12-31 CN¥5.80 CN¥6.21 x
2024-12-31 CN¥6.11 CN¥6.21 x
2025-12-31 CN¥6.53 CN¥6.21 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tianjin Capital Environmental Protection Group 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): 8.41%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.14%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 2.53x
  • Recent ROE (8.41%) is above the historical average (5.95%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 7.35% 5.42% 0.61x 2.22x CN¥-58.96 Million
1996 1.16% 0.93% 0.50x 2.51x CN¥-199.96 Million
1997 1.19% 0.96% 0.40x 3.08x CN¥-199.93 Million
1998 -38.61% -24.27% 0.36x 4.47x CN¥-776.64 Million
1999 -30.51% -13.16% 0.41x 5.68x CN¥-496.82 Million
2000 11.99% 4.82% 2.47x 1.01x CN¥27.94 Million
2001 17.07% 44.91% 0.31x 1.23x CN¥110.85 Million
2002 16.49% 42.82% 0.24x 1.58x CN¥113.03 Million
2003 13.71% 43.97% 0.20x 1.58x CN¥74.99 Million
2004 14.46% 42.80% 0.16x 2.08x CN¥99.62 Million
2005 7.70% 28.74% 0.13x 1.99x CN¥-52.66 Million
2006 7.08% 21.07% 0.14x 2.45x CN¥-70.12 Million
2007 6.35% 19.10% 0.16x 2.03x CN¥-105.50 Million
2008 7.44% 20.64% 0.15x 2.43x CN¥-79.71 Million
2009 7.38% 19.33% 0.17x 2.18x CN¥-86.38 Million
2010 7.86% 18.47% 0.17x 2.44x CN¥-73.90 Million
2011 7.73% 17.65% 0.17x 2.55x CN¥-81.05 Million
2012 7.12% 16.43% 0.16x 2.73x CN¥-109.04 Million
2013 7.09% 16.11% 0.16x 2.78x CN¥-115.75 Million
2014 7.39% 16.86% 0.17x 2.60x CN¥-108.88 Million
2015 7.51% 17.09% 0.19x 2.28x CN¥-109.57 Million
2016 9.34% 22.63% 0.18x 2.24x CN¥-31.27 Million
2017 9.93% 23.66% 0.17x 2.43x CN¥-3.45 Million
2018 8.61% 20.48% 0.16x 2.70x CN¥-80.65 Million
2019 8.21% 17.78% 0.16x 2.91x CN¥-110.30 Million
2020 8.65% 16.95% 0.18x 2.85x CN¥-89.10 Million
2021 9.74% 15.28% 0.22x 2.96x CN¥-18.83 Million
2022 8.86% 16.61% 0.20x 2.71x CN¥-96.69 Million
2023 9.48% 18.55% 0.19x 2.68x CN¥-47.01 Million
2024 8.35% 16.72% 0.19x 2.60x CN¥-159.68 Million
2025 8.41% 18.14% 0.18x 2.53x CN¥-163.57 Million

Industry Comparison

This section compares Tianjin Capital Environmental Protection Group Co Ltd's net assets metrics with peer companies in the Waste Management industry.

Industry Context

  • Industry: Waste Management
  • Average net assets among peers: $3,067,859,741
  • Average return on equity (ROE) among peers: 8.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tianjin Capital Environmental Protection Group Co Ltd (600874) CN¥13.00 Billion 7.35% 1.00x $1.12 Billion
China Tianying Inc (000035) $2.06 Billion 10.27% 1.91x $2.28 Billion
HeiLongJiang Kingland Technology Co Ltd (000711) $325.53 Million -9.31% 0.66x $2.06 Billion
BECE Legend Group Co Ltd (000803) $152.97 Million 2.06% 0.80x $599.78 Million
Tus-Sound Environmental Resources Co Ltd (000826) $130.73 Million 28.96% 1.01x $408.81 Million
Wangneng Environment Co Ltd (002034) $424.84 Million 9.00% 0.73x $1.11 Billion
Beijing Orient Landscape Co Ltd (002310) $12.65 Billion 0.13% 2.35x $2.69 Billion
GEM Co Ltd (002340) $10.22 Billion 7.14% 1.44x $6.83 Billion
Dongjiang Environmental Co Ltd (002672) $2.45 Billion 8.50% 0.33x $585.42 Million
Qiaoyin Environmental Tech Co Ltd (002973) $462.58 Million 21.52% 0.41x $752.89 Million
Tongxing Environmental Protection (003027) $1.79 Billion 6.69% 0.51x $453.74 Million

About Tianjin Capital Environmental Protection Group Co Ltd

SHG:600874 China Waste Management
Market Cap
$1.12 Billion
CN¥7.64 Billion CNY
Market Cap Rank
#8627 Global
#2258 in China
Share Price
CN¥6.21
Change (1 day)
-1.74%
52-Week Range
CN¥5.70 - CN¥6.64
All Time High
CN¥22.38
Categories
Companies in China Waste Management
About

Tianjin Capital Environmental Protection Group Company Limited engages in the sewage treatment business in the People's Republic of China. The company is involved in the provision of wastewater treatment; recycled water; water supply; energy cooling and heating; third party governance business; sludge treatment; and hazardous waste treatment services. It provides environmental technology products… Read more