Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) - Net Assets

Latest as of June 2025: CN¥918.18 Million CNY ≈ $134.36 Million USD

Based on the latest financial reports, Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) has net assets worth CN¥918.18 Million CNY (≈ $134.36 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.34 Billion ≈ $196.43 Million USD) and total liabilities (CN¥424.21 Million ≈ $62.08 Million 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 Shanghai Taihe Water Environmental Techn asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥918.18 Million
% of Total Assets 68.4%
Annual Growth Rate 3.53%
5-Year Change 0.36%
10-Year Change N/A
Growth Volatility 42.51

Shanghai Taihe Water Environmental Technology Development Co Ltd - Net Assets Trend (2019–2024)

This chart illustrates how Shanghai Taihe Water Environmental Technology Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 605081 total assets for the complete picture of this company's asset base.

Annual Net Assets for Shanghai Taihe Water Environmental Technology Development Co Ltd (2019–2024)

The table below shows the annual net assets of Shanghai Taihe Water Environmental Technology Development Co Ltd from 2019 to 2024. For live valuation and market cap data, see Shanghai Taihe Water Environmental Techn (605081) total market value.

Year Net Assets Change
2024-12-31 CN¥972.44 Million
≈ $142.30 Million
-25.78%
2023-12-31 CN¥1.31 Billion
≈ $191.72 Million
-17.94%
2022-12-31 CN¥1.60 Billion
≈ $233.65 Million
-13.17%
2021-12-31 CN¥1.84 Billion
≈ $269.10 Million
+89.79%
2020-12-31 CN¥968.91 Million
≈ $141.78 Million
+18.52%
2019-12-31 CN¥817.50 Million
≈ $119.63 Million
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Equity Component Analysis

This analysis shows how different components contribute to Shanghai Taihe Water Environmental Technology Development 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 263.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CN¥1.39 Billion 142.26%
Total Equity CN¥974.57 Million 100.00%

Shanghai Taihe Water Environmental Technology Development Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Taihe Water Environmental Technology Development Co Ltd ranked by their market capitalization.

Company Market Cap
Duluth Holdings Inc
NASDAQ:DLTH
$83.37 Million
Woorison F&G Co. Ltd
KQ:073560
$83.38 Million
Airship AI Holdings Inc
NASDAQ:AISP
$83.39 Million
WTK Holdings Bhd
KLSE:4243
$83.39 Million
Wilmar Cahaya Indonesia Tbk
JK:CEKA
$83.33 Million
Sewoon Medical Co. Ltd
KQ:100700
$83.32 Million
Queenco-L
TA:QNCO
$83.32 Million
Hauman Technologies
TWO:6218
$83.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Taihe Water Environmental Technology Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,309,057,158 to 974,568,365, a change of -334,488,793 (-25.6%).
  • Net loss of 334,488,793 reduced equity.
  • Dividend payments of 115,252 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-334.49 Million -34.32%
Dividends Paid CN¥115.25K -0.01%
Other Changes CN¥115.25K +0.01%
Total Change CN¥- -25.55%

Book Value vs Market Value Analysis

This analysis compares Shanghai Taihe Water Environmental Technology Development 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: 0.58x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 CN¥9.63 CN¥5.03 x
2020-12-31 CN¥11.41 CN¥5.03 x
2021-12-31 CN¥16.23 CN¥5.03 x
2022-12-31 CN¥14.09 CN¥5.03 x
2023-12-31 CN¥11.56 CN¥5.03 x
2024-12-31 CN¥8.61 CN¥5.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Taihe Water Environmental Technology Development 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): -34.32%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -323.62%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.57x
  • Recent ROE (-34.32%) is below the historical average (-4.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 18.09% 27.78% 0.50x 1.29x CN¥66.15 Million
2020 16.68% 28.86% 0.44x 1.31x CN¥64.71 Million
2021 4.95% 19.76% 0.22x 1.16x CN¥-92.85 Million
2022 -10.27% -79.81% 0.11x 1.20x CN¥-323.53 Million
2023 -21.96% -157.04% 0.11x 1.28x CN¥-418.34 Million
2024 -34.32% -323.62% 0.07x 1.57x CN¥-431.95 Million

Industry Comparison

This section compares Shanghai Taihe Water Environmental Technology Development 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
Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) CN¥918.18 Million 18.09% 0.46x $83.36 Million
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 Shanghai Taihe Water Environmental Technology Development Co Ltd

SHG:605081 China Waste Management
Market Cap
$83.36 Million
CN¥569.63 Million CNY
Market Cap Rank
#19878 Global
#4687 in China
Share Price
CN¥5.03
Change (1 day)
-4.91%
52-Week Range
CN¥5.03 - CN¥14.82
All Time High
CN¥37.90
About

Shanghai Taihe Water Technology Development Co.,Ltd. offers underwater ecological restoration research and development services in China. It uses algae-eating insect-guided underwater ecological restoration technology. The company provides on-site survey, water quality testing, scheme design, ecosystem construction, and system maintenance services, and other integrated solutions. It also engages … Read more