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