Tian An Australia Ltd
Tian An Australia Limited develops and sells residential land and built-form products in Australia. The company has interests in developments on the east coast of Australia and in the Mandurah/Peel Region of Western Australia. It also offers design and planning concepts to develop residential, commercial, and tourism projects. The company was formerly known as PBD Developments Limited and changed… Read more
Tian An Australia Ltd (TIA) - Net Assets
Latest net assets as of June 2025: AU$80.11 Million AUD
Based on the latest financial reports, Tian An Australia Ltd (TIA) has net assets worth AU$80.11 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$275.29 Million) and total liabilities (AU$195.18 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$80.11 Million |
| % of Total Assets | 29.1% |
| Annual Growth Rate | 12.83% |
| 5-Year Change | -16.28% |
| 10-Year Change | -44.78% |
| Growth Volatility | 431.25 |
Tian An Australia Ltd - Net Assets Trend (1988–2024)
This chart illustrates how Tian An Australia Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tian An Australia Ltd (1988–2024)
The table below shows the annual net assets of Tian An Australia Ltd from 1988 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$68.03 Million | +1.09% |
| 2023-12-31 | AU$67.30 Million | +8.64% |
| 2022-12-31 | AU$61.95 Million | -24.83% |
| 2021-12-31 | AU$82.41 Million | +1.41% |
| 2020-12-31 | AU$81.27 Million | -23.02% |
| 2019-12-31 | AU$105.57 Million | -3.36% |
| 2018-12-31 | AU$109.24 Million | -12.74% |
| 2017-12-31 | AU$125.19 Million | +1.15% |
| 2016-12-31 | AU$123.77 Million | +0.46% |
| 2015-12-31 | AU$123.20 Million | +28.07% |
| 2014-12-31 | AU$96.20 Million | -3.61% |
| 2013-12-31 | AU$99.81 Million | +63.88% |
| 2012-12-31 | AU$60.91 Million | +72.42% |
| 2011-12-31 | AU$35.32 Million | -76.57% |
| 2010-12-31 | AU$150.79 Million | +8.09% |
| 2009-12-31 | AU$139.50 Million | +17.55% |
| 2008-12-31 | AU$118.67 Million | -19.26% |
| 2007-12-31 | AU$146.98 Million | -4.28% |
| 2006-12-31 | AU$153.55 Million | +205.77% |
| 2005-12-31 | AU$50.22 Million | -12.11% |
| 2004-12-31 | AU$57.13 Million | -4.37% |
| 2003-12-31 | AU$59.75 Million | +26.37% |
| 2002-12-31 | AU$47.28 Million | +25.31% |
| 2001-12-31 | AU$37.73 Million | +4.16% |
| 2000-12-31 | AU$36.22 Million | +28.78% |
| 1999-12-31 | AU$28.13 Million | +46.53% |
| 1998-12-31 | AU$19.20 Million | +2619.13% |
| 1997-12-31 | AU$705.96K | +50.73% |
| 1996-12-31 | AU$468.36K | -48.35% |
| 1995-12-31 | AU$906.74K | -23.35% |
| 1994-12-31 | AU$1.18 Million | +146.97% |
| 1993-12-31 | AU$479.00K | -20.83% |
| 1992-12-31 | AU$605.00K | +3.07% |
| 1991-12-31 | AU$587.00K | -32.61% |
| 1990-12-31 | AU$871.00K | -5.43% |
| 1989-12-31 | AU$921.00K | +4.54% |
| 1988-12-31 | AU$881.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tian An Australia 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 21599500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$290.15 Million | 426.47% |
| Total Equity | AU$68.03 Million | 100.00% |
Tian An Australia Ltd Competitors by Market Cap
The table below lists competitors of Tian An Australia Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fintech Select Ltd
PINK:SLXXF
|
$354.65K |
|
Rain Enhancement Technologies Holdco, Inc. Warrants
NASDAQ:RAINW
|
$355.00K |
|
Samlip General Foods Co. Ltd.
KQ:005610
|
$355.51K |
|
MCX Technologies Corp
V:MCX
|
$355.55K |
|
TLG Immobilien AG
LSE:0R3N
|
$354.61K |
|
ReNew Energy Global plc Warrant
NASDAQ:RNWWW
|
$354.55K |
|
EVS BROADCAST EQUIP
BE:5E1
|
$354.30K |
|
Chong Kun Dang Holdings Corp.
KQ:001630
|
$354.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tian An Australia Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,302,000 to 68,035,000, a change of 733,000 (1.1%).
- Net income of 733,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$733.00K | +1.08% |
| Total Change | AU$- | 1.09% |
Book Value vs Market Value Analysis
This analysis compares Tian An Australia 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: 0.25x
- 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 19.66x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | AU$0.01 | AU$0.20 | x |
| 1989-12-31 | AU$0.01 | AU$0.20 | x |
| 1990-12-31 | AU$0.01 | AU$0.20 | x |
| 1991-12-31 | AU$0.01 | AU$0.20 | x |
| 1992-12-31 | AU$0.01 | AU$0.20 | x |
| 1993-12-31 | AU$3.63 | AU$0.20 | x |
| 1994-12-31 | AU$7.48 | AU$0.20 | x |
| 1995-12-31 | AU$4.92 | AU$0.20 | x |
| 1996-12-31 | AU$1.33 | AU$0.20 | x |
| 1997-12-31 | AU$1.12 | AU$0.20 | x |
| 1998-12-31 | AU$27.74 | AU$0.20 | x |
| 1999-12-31 | AU$35.21 | AU$0.20 | x |
| 2000-12-31 | AU$44.47 | AU$0.20 | x |
| 2001-12-31 | AU$29.44 | AU$0.20 | x |
| 2002-12-31 | AU$37.20 | AU$0.20 | x |
| 2003-12-31 | AU$47.30 | AU$0.20 | x |
| 2004-12-31 | AU$45.54 | AU$0.20 | x |
| 2005-12-31 | AU$39.76 | AU$0.20 | x |
| 2006-12-31 | AU$109.86 | AU$0.20 | x |
| 2007-12-31 | AU$55.87 | AU$0.20 | x |
| 2008-12-31 | AU$55.80 | AU$0.20 | x |
| 2009-12-31 | AU$83.17 | AU$0.20 | x |
| 2010-12-31 | AU$20.53 | AU$0.20 | x |
| 2011-12-31 | AU$4.81 | AU$0.20 | x |
| 2012-12-31 | AU$2.97 | AU$0.20 | x |
| 2013-12-31 | AU$1.80 | AU$0.20 | x |
| 2014-12-31 | AU$1.48 | AU$0.20 | x |
| 2015-12-31 | AU$1.27 | AU$0.20 | x |
| 2016-12-31 | AU$1.43 | AU$0.20 | x |
| 2017-12-31 | AU$1.45 | AU$0.20 | x |
| 2018-12-31 | AU$1.26 | AU$0.20 | x |
| 2019-12-31 | AU$1.22 | AU$0.20 | x |
| 2020-12-31 | AU$0.94 | AU$0.20 | x |
| 2021-12-31 | AU$0.95 | AU$0.20 | x |
| 2022-12-31 | AU$0.72 | AU$0.20 | x |
| 2023-12-31 | AU$0.78 | AU$0.20 | x |
| 2024-12-31 | AU$0.79 | AU$0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tian An Australia Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 185.10%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.52x
- Recent ROE (1.08%) is above the historical average (-29.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -0.99% | 0.00% | 0.00x | 3.63x | AU$-66.50K |
| 1994 | -41.17% | 0.00% | 0.00x | 1.48x | AU$-605.30K |
| 1996 | -571.44% | 0.00% | 0.00x | 1.20x | AU$-3.40 Million |
| 1997 | -133.17% | 0.00% | 0.00x | 40.84x | AU$-1.11 Million |
| 1998 | 28.82% | 0.00% | 0.00x | 1.99x | AU$3.63 Million |
| 1999 | 24.82% | 65.59% | 0.16x | 2.31x | AU$4.18 Million |
| 2000 | -0.90% | -1.85% | 0.28x | 1.73x | AU$-3.95 Million |
| 2001 | 3.99% | 5.33% | 0.40x | 1.88x | AU$-2.27 Million |
| 2002 | 28.21% | 19.70% | 0.92x | 1.55x | AU$8.61 Million |
| 2003 | 36.71% | 29.78% | 0.84x | 1.47x | AU$15.96 Million |
| 2004 | 23.04% | 27.91% | 0.62x | 1.33x | AU$7.45 Million |
| 2005 | 99.35% | 55.99% | 0.82x | 2.17x | AU$44.87 Million |
| 2006 | 12.30% | 43.57% | 0.24x | 1.19x | AU$3.54 Million |
| 2007 | 2.20% | 14.12% | 0.10x | 1.52x | AU$-11.47 Million |
| 2008 | -24.37% | -114.03% | 0.11x | 2.00x | AU$-40.79 Million |
| 2009 | -18.47% | -124.12% | 0.07x | 2.23x | AU$-39.71 Million |
| 2010 | 0.51% | 1.14% | 0.32x | 1.42x | AU$-14.31 Million |
| 2011 | -292.91% | -603.96% | 0.20x | 2.38x | AU$-107.00 Million |
| 2012 | -5.87% | -37.50% | 0.11x | 1.39x | AU$-9.66 Million |
| 2013 | -8.59% | -180.40% | 0.03x | 1.61x | AU$-18.55 Million |
| 2014 | -15.51% | -100.99% | 0.09x | 1.77x | AU$-24.54 Million |
| 2015 | 3.89% | 15.56% | 0.25x | 1.01x | AU$-7.53 Million |
| 2016 | 13.01% | 161.75% | 0.08x | 1.01x | AU$3.72 Million |
| 2017 | 0.98% | 8.53% | 0.11x | 1.01x | AU$-11.29 Million |
| 2018 | -13.66% | -493.06% | 0.02x | 1.13x | AU$-25.84 Million |
| 2019 | -3.48% | -228.07% | 0.01x | 1.23x | AU$-14.23 Million |
| 2020 | -29.90% | -3015.01% | 0.00x | 2.05x | AU$-32.43 Million |
| 2021 | 1.39% | 74.71% | 0.01x | 1.97x | AU$-7.10 Million |
| 2022 | -33.03% | -3284.27% | 0.00x | 3.06x | AU$-26.66 Million |
| 2023 | 7.96% | 1372.82% | 0.00x | 3.50x | AU$-1.38 Million |
| 2024 | 1.08% | 185.10% | 0.00x | 4.52x | AU$-6.07 Million |
Industry Comparison
This section compares Tian An Australia Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $133,063,418
- Average return on equity (ROE) among peers: -45.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tian An Australia Ltd (TIA) | AU$80.11 Million | -0.99% | 2.44x | $354.63K |
| Avjennings Ltd (AVJ) | $408.03 Million | 3.21% | 0.81x | $59.80 Million |
| CAQ Holdings Ltd (CAQ) | $-463.74K | 0.00% | 0.00x | $278.52K |
| Cedar Woods Properties Ltd (CWP) | $489.19 Million | 9.84% | 0.75x | $306.94 Million |
| Finbar Group Ltd (FRI) | $13.68 Million | -0.08% | 0.28x | $42.05 Million |
| Hudson Investment Group Ltd (HGL) | $28.33 Million | 2.91% | 0.88x | $2.21 Million |
| Land & Homes Group Ltd (LHM) | $332.28K | -432.87% | 2.51x | $371.24K |
| Mustera Property Group Ltd (MPX) | $18.16 Million | -14.32% | 1.43x | $409.97K |
| Peet Ltd (PPC) | $232.91 Million | 18.08% | 1.43x | $324.70 Million |
| United Overseas Australia Ltd (UOS) | $7.40 Million | 0.04% | 0.47x | $26.62 Million |