TINC Comm VA
TINC Comm. VA is an investment firm specializing in investments in public and private infrastructure, real assets, and energy sector. TINC Comm. VA is based in Antwerpen, Belgium.
TINC Comm VA (TINC) - Net Assets
Latest net assets as of June 2025: €615.28 Million EUR
Based on the latest financial reports, TINC Comm VA (TINC) has net assets worth €615.28 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€651.01 Million) and total liabilities (€35.74 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 | €615.28 Million |
| % of Total Assets | 94.51% |
| Annual Growth Rate | 21.55% |
| 5-Year Change | 5.42% |
| 10-Year Change | 13.62% |
| Growth Volatility | 49338.07 |
TINC Comm VA - Net Assets Trend (2012–2024)
This chart illustrates how TINC Comm VA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TINC Comm VA (2012–2024)
The table below shows the annual net assets of TINC Comm VA from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €506.42 Million | +2.39% |
| 2024-06-30 | €494.60 Million | 0.00% |
| 2023-12-31 | €494.60 Million | +2.95% |
| 2023-06-30 | €480.41 Million | 0.00% |
| 2022-12-31 | €480.41 Million | +3.62% |
| 2022-06-30 | €463.62 Million | 0.00% |
| 2021-12-31 | €463.62 Million | +1.26% |
| 2021-06-30 | €457.86 Million | 0.00% |
| 2020-12-31 | €457.86 Million | +2.73% |
| 2020-06-30 | €445.70 Million | 0.00% |
| 2019-12-31 | €445.70 Million | +134421.44% |
| 2019-06-30 | €331.32K | -99.90% |
| 2018-12-31 | €331.32 Million | +101822.35% |
| 2018-06-30 | €325.07K | -99.90% |
| 2017-12-31 | €325.07 Million | +136031.85% |
| 2017-06-30 | €238.79K | -99.90% |
| 2016-12-31 | €238.79 Million | +151304.59% |
| 2016-06-30 | €157.72K | -99.90% |
| 2015-12-31 | €157.72 Million | +118.41% |
| 2015-06-30 | €72.21 Million | 0.00% |
| 2014-12-31 | €72.21 Million | +2.41% |
| 2014-06-30 | €70.51 Million | +53.12% |
| 2013-12-31 | €46.05 Million | -5.42% |
| 2013-06-30 | €48.69 Million | 0.00% |
| 2012-12-31 | €48.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TINC Comm VA'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 11437.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €113.53 Million | 22.42% |
| Common Stock | €113.27 Million | 22.37% |
| Other Comprehensive Income | €104.93 Million | 20.72% |
| Other Components | €174.69 Million | 34.49% |
| Total Equity | €506.42 Million | 100.00% |
TINC Comm VA Competitors by Market Cap
The table below lists competitors of TINC Comm VA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
East China Engineering Science and Technology Co Ltd
SHE:002140
|
$430.80 Million |
|
City Development Environment Co Ltd
SHE:000885
|
$431.18 Million |
|
Public Property Invest AS
OL:PUBLI
|
$431.20 Million |
|
Zhejiang Taihua New Material
SHG:603055
|
$431.33 Million |
|
OPT Machine Vision Tech Co. Ltd. A
SHG:688686
|
$430.73 Million |
|
Suning Universal Co Ltd
SHE:000718
|
$430.61 Million |
|
Guangzhou KDT Machinery Co Ltd
SHE:002833
|
$430.60 Million |
|
GREAT STHN BANCORP DL-01
F:GS6
|
$430.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TINC Comm VA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2024, total equity changed from 494,595,854 to 506,422,239, a change of 11,826,385 (2.4%).
- Net income of 42,491,060 contributed positively to equity growth.
- Dividend payments of 30,545,455 reduced retained earnings.
- Other comprehensive income increased equity by 18,738,909.
- Other factors decreased equity by 18,858,129.
Equity Change Factors (2024 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €42.49 Million | +8.39% |
| Dividends Paid | €30.55 Million | -6.03% |
| Other Comprehensive Income | €18.74 Million | +3.7% |
| Other Changes | €-18.86 Million | -3.72% |
| Total Change | €- | 2.39% |
Book Value vs Market Value Analysis
This analysis compares TINC Comm VA'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: 0.83x
- 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 1.66x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | €6.95 | €11.54 | x |
| 2013-06-30 | €6.95 | €11.54 | x |
| 2013-12-31 | €9.75 | €11.54 | x |
| 2014-06-30 | €9.75 | €11.54 | x |
| 2014-12-31 | €10.30 | €11.54 | x |
| 2015-06-30 | €10.30 | €11.54 | x |
| 2015-12-31 | €13.26 | €11.54 | x |
| 2016-06-30 | €13.26 | €11.54 | x |
| 2016-12-31 | €13.85 | €11.54 | x |
| 2017-06-30 | €13.85 | €11.54 | x |
| 2017-12-31 | €14.63 | €11.54 | x |
| 2018-06-30 | €14.63 | €11.54 | x |
| 2018-12-31 | €12.15 | €11.54 | x |
| 2019-06-30 | €12.15 | €11.54 | x |
| 2019-12-31 | €13.73 | €11.54 | x |
| 2020-06-30 | €13.73 | €11.54 | x |
| 2020-12-31 | €12.59 | €11.54 | x |
| 2021-06-30 | €12.59 | €11.54 | x |
| 2021-12-31 | €12.75 | €11.54 | x |
| 2022-06-30 | €12.75 | €11.54 | x |
| 2022-12-31 | €13.21 | €11.54 | x |
| 2023-06-30 | €13.21 | €11.54 | x |
| 2023-12-31 | €13.60 | €11.54 | x |
| 2024-06-30 | €13.60 | €11.54 | x |
| 2024-12-31 | €13.93 | €11.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TINC Comm VA 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): 8.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 129.94%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.02x
- Recent ROE (8.39%) is below the historical average (249.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.51% | 89.07% | 0.03x | 1.40x | €-3.16 Million |
| 2013 | 3.51% | 89.07% | 0.03x | 1.40x | €-3.16 Million |
| 2013 | -14.31% | 0.00% | -0.14x | 1.00x | €-17.14 Million |
| 2014 | -14.31% | 0.00% | -0.14x | 1.00x | €-17.14 Million |
| 2014 | 22.71% | 90.29% | 0.17x | 1.47x | €9.18 Million |
| 2015 | 22.71% | 90.29% | 0.17x | 1.47x | €9.18 Million |
| 2015 | 4.98% | 61.08% | 0.08x | 1.00x | €-7.92 Million |
| 2016 | 4.98% | 61.08% | 0.08x | 1.00x | €-7.92K |
| 2016 | 4.47% | 77.39% | 0.06x | 1.00x | €-13.19 Million |
| 2017 | 4.47% | 77.39% | 0.06x | 1.00x | €-13.19K |
| 2017 | 5.95% | 85.51% | 0.07x | 1.00x | €-13.17 Million |
| 2018 | 5.95% | 85.51% | 0.07x | 1.00x | €-13.17K |
| 2018 | 6.11% | 93.12% | 0.07x | 1.00x | €-12.87 Million |
| 2019 | 6114.72% | 93.12% | 65.52x | 1.00x | €20.23 Million |
| 2019 | 4.00% | 93.49% | 0.04x | 1.00x | €-26.73 Million |
| 2020 | 4.00% | 93.49% | 0.04x | 1.00x | €-26.73 Million |
| 2020 | 6.79% | 129.35% | 0.05x | 1.00x | €-14.71 Million |
| 2021 | 6.79% | 129.35% | 0.05x | 1.00x | €-14.71 Million |
| 2021 | 5.39% | 122.51% | 0.04x | 1.00x | €-21.39 Million |
| 2022 | 5.39% | 122.51% | 0.04x | 1.00x | €-21.39 Million |
| 2022 | 7.62% | 101.64% | 0.07x | 1.00x | €-11.43 Million |
| 2023 | 7.62% | 101.64% | 0.07x | 1.00x | €-11.43 Million |
| 2023 | 6.86% | 87.59% | 0.08x | 1.01x | €-15.53 Million |
| 2024 | 6.86% | 87.59% | 0.08x | 1.01x | €-15.53 Million |
| 2024 | 8.39% | 129.94% | 0.06x | 1.02x | €-8.15 Million |
Industry Comparison
This section compares TINC Comm VA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,176,368,618
- Average return on equity (ROE) among peers: 0.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TINC Comm VA (TINC) | €615.28 Million | 3.51% | 0.06x | $430.75 Million |
| Brederode SA (BREB) | $4.14 Billion | 9.98% | 0.00x | $1.18 Billion |
| Candela Invest SA (CAND) | $6.24 Million | 17.25% | 1.54x | $73.08K |
| Compagnie du Bois Sauvage SA (COMB) | $385.57 Million | -46.01% | 0.99x | $253.83 Million |
| GIMV NV (GIMB) | $1.30 Billion | 15.78% | 0.35x | $1.71 Billion |
| KBC Ancora (KBCA) | $2.21 Billion | 0.00% | 0.00x | $2.79 Billion |
| Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli) N.V (MOP) | $55.32 Million | 2.99% | 0.00x | $21.20 Million |
| Quest For Growth - Pricaf (QFG) | $134.97 Million | 0.40% | 0.00x | $42.21K |