Traffic Control Technology Co Ltd Net Assets
Traffic Control Technology Co Ltd net assets. Based on the latest financial reports, Traffic Control Technology Co Ltd (688015) has net assets worth CN¥2.86 Billion CNY (≈ $418.53 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¥6.24 Billion ≈ $913.53 Million USD) and total liabilities (CN¥3.38 Billion ≈ $495.00 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. Also explore how fast is Traffic Control Technology Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.86 Billion |
| % of Total Assets | 45.81% |
| Annual Growth Rate | 28.08% |
| 5-Year Change | 21.55% |
| 10-Year Change | N/A |
| Growth Volatility | 52.6 |
Net Assets of Traffic Control Technology Co Ltd (2016–2025)
Net assets of Traffic Control Technology Co Ltd from 2016 to 2025. This chart illustrates how Traffic Control Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See 688015 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Traffic Control Technology Co Ltd (2016–2025)
The table below shows the annual net assets of Traffic Control Technology Co Ltd from 2016 to 2025. For live market cap and overall valuation, see market value of Traffic Control Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.87 Billion ≈ $420.67 Million |
+5.26% |
| 2024-12-31 | CN¥2.73 Billion ≈ $399.64 Million |
+3.90% |
| 2023-12-31 | CN¥2.63 Billion ≈ $384.63 Million |
+2.83% |
| 2022-12-31 | CN¥2.56 Billion ≈ $374.05 Million |
+8.08% |
| 2021-12-31 | CN¥2.37 Billion ≈ $346.08 Million |
+79.31% |
| 2020-12-31 | CN¥1.32 Billion ≈ $193.01 Million |
+20.59% |
| 2019-12-31 | CN¥1.09 Billion ≈ $160.06 Million |
+170.08% |
| 2018-12-31 | CN¥404.99 Million ≈ $59.26 Million |
+17.39% |
| 2017-12-31 | CN¥345.00 Million ≈ $50.48 Million |
+11.33% |
| 2016-12-31 | CN¥309.89 Million ≈ $45.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Traffic Control Technology 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 1149.7% over the analyzed period, indicating profitable operations and earnings retention.
Traffic Control Technology Co Ltd Net Assets Breakdown (December 2025)
Traffic Control Technology Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥911.14 Million | 34.22% |
| Common Stock | CN¥188.68 Million | 7.09% |
| Other Components | CN¥1.56 Billion | 58.69% |
| Total Equity | CN¥2.66 Billion | 100.00% |
Traffic Control Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Traffic Control Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Claritev Corporation
NYSE:CTEV
|
$369.43 Million |
|
Consorcio ARA S. A. B. de C. V.
MX:ARA
|
$369.57 Million |
|
Pitti Engineering Limited
NSE:PITTIENG
|
$369.63 Million |
|
Hartadinata Abadi Tbk PT
JK:HRTA
|
$369.69 Million |
|
Changshu Ruite Electric Co Ltd
SHE:300600
|
$369.42 Million |
|
Akastor ASA
OL:AKAST
|
$369.41 Million |
|
Hillstone Networks Co Ltd
SHG:688030
|
$369.24 Million |
|
Zhuhai Kles Technology Co. Ltd. A
SHE:301314
|
$369.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Traffic Control Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,552,134,657 to 2,662,633,075, a change of 110,498,418 (4.3%).
- Net income of 155,551,200 contributed positively to equity growth.
- Dividend payments of 45,408,417 reduced retained earnings.
- Other comprehensive income decreased equity by 109,196,348.
- Other factors increased equity by 109,551,983.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥155.55 Million | +5.84% |
| Dividends Paid | CN¥45.41 Million | -1.71% |
| Other Comprehensive Income | CN¥-109.20 Million | -4.1% |
| Other Changes | CN¥109.55 Million | +4.11% |
| Total Change | CN¥- | 4.33% |
Book Value vs Market Value Analysis
This analysis compares Traffic Control Technology 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 5.14x 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 |
|---|---|---|---|
| 2016-12-31 | CN¥2.60 | CN¥13.38 | x |
| 2017-12-31 | CN¥2.84 | CN¥13.38 | x |
| 2018-12-31 | CN¥3.31 | CN¥13.38 | x |
| 2019-12-31 | CN¥7.92 | CN¥13.38 | x |
| 2020-12-31 | CN¥8.04 | CN¥13.38 | x |
| 2021-12-31 | CN¥13.63 | CN¥13.38 | x |
| 2022-12-31 | CN¥12.96 | CN¥13.38 | x |
| 2023-12-31 | CN¥13.16 | CN¥13.38 | x |
| 2024-12-31 | CN¥13.44 | CN¥13.38 | x |
| 2025-12-31 | CN¥14.04 | CN¥13.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Traffic Control Technology 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): 5.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.13%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.49x
- Recent ROE (5.84%) is below the historical average (11.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 17.30% | 6.06% | 0.66x | 4.30x | CN¥22.66 Million |
| 2017 | 13.02% | 5.10% | 0.59x | 4.33x | CN¥10.41 Million |
| 2018 | 16.63% | 5.71% | 0.55x | 5.26x | CN¥26.48 Million |
| 2019 | 11.75% | 7.71% | 0.47x | 3.28x | CN¥18.93 Million |
| 2020 | 18.29% | 11.69% | 0.47x | 3.36x | CN¥107.32 Million |
| 2021 | 12.70% | 11.27% | 0.49x | 2.31x | CN¥61.79 Million |
| 2022 | 9.34% | 9.30% | 0.44x | 2.28x | CN¥-16.30 Million |
| 2023 | 3.57% | 4.46% | 0.35x | 2.29x | CN¥-160.14 Million |
| 2024 | 3.27% | 3.82% | 0.35x | 2.43x | CN¥-171.64 Million |
| 2025 | 5.84% | 6.13% | 0.38x | 2.49x | CN¥-110.71 Million |
Industry Comparison
This section compares Traffic Control Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $4,068,069,236
- Average return on equity (ROE) among peers: -3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Traffic Control Technology Co Ltd (688015) | CN¥2.86 Billion | 17.30% | 1.18x | $369.42 Million |
| ZTE Corp (000063) | $26.29 Billion | 10.02% | 3.04x | $16.83 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $614.68 Million | -27.42% | 0.60x | $1.57 Billion |
| Addsino Co Ltd (000547) | $5.39 Billion | 4.52% | 0.29x | $2.97 Billion |
| Sichuan Huiyuan Optical Com (000586) | $350.47 Million | 8.90% | 1.33x | $278.82 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $120.98 Million | 7.28% | 1.57x | $335.53 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.95 Billion | 4.92% | 0.86x | $1.54 Billion |
| Skyworth Digital Co Ltd (000810) | $3.10 Billion | 10.68% | 1.69x | $1.82 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $310.19 Million | 1.84% | 1.57x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $576.36 Million | -57.42% | 1.60x | $728.90 Million |
| Sunwave Communications Co Ltd (002115) | $969.73 Million | 1.96% | 1.13x | $1.07 Billion |
About Traffic Control Technology Co Ltd
Traffic Control Technology Co., Ltd. engages in research and development, equipment manufacturing, and system integration of urban rail transit signaling systems. The company offers train operation control system based on communication, interconnected CBTC system, interoperable CBTC systems, fully automated operating system, perception-based vehicle-to-vehicle communication train operation, fully… Read more