TIAN GE INT.HLDGS DL-0001 (04T) - Net Assets
Based on the latest financial reports, TIAN GE INT.HLDGS DL-0001 (04T) has net assets worth €2.15 Billion EUR (≈ $2.51 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.51 Billion ≈ $2.93 Billion USD) and total liabilities (€355.78 Million ≈ $415.94 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 TIAN GE INT.HLDGS DL-0001 (04T) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.15 Billion |
| % of Total Assets | 85.8% |
| Annual Growth Rate | -8.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.52 |
TIAN GE INT.HLDGS DL-0001 - Net Assets Trend (2021–2025)
This chart illustrates how TIAN GE INT.HLDGS DL-0001's net assets have evolved over time, based on quarterly financial data. Check TIAN GE INT.HLDGS DL-0001 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for TIAN GE INT.HLDGS DL-0001 (2021–2025)
The table below shows the annual net assets of TIAN GE INT.HLDGS DL-0001 from 2021 to 2025. For live valuation and market cap data, see 04T market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.15 Billion ≈ $2.51 Billion |
-3.78% |
| 2024-12-31 | €2.23 Billion ≈ $2.61 Billion |
-0.82% |
| 2023-12-31 | €2.25 Billion ≈ $2.63 Billion |
-5.02% |
| 2022-12-31 | €2.37 Billion ≈ $2.77 Billion |
-22.57% |
| 2021-12-31 | €3.06 Billion ≈ $3.58 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to TIAN GE INT.HLDGS DL-0001'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 77.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €182.74 Million | 8.49% |
| Other Components | €1.97 Billion | 91.51% |
| Total Equity | €2.15 Billion | 100.00% |
TIAN GE INT.HLDGS DL-0001 Competitors by Market Cap
The table below lists competitors of TIAN GE INT.HLDGS DL-0001 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DT Cloud Star Acquisition Corporation Units
NASDAQ:DTSQU
|
$84.88 Million |
|
Calisa Acquisition Corp Ordinary shares
NASDAQ:ALIS
|
$84.91 Million |
|
Neuraxis, Inc.
NYSE MKT:NRXS
|
$84.91 Million |
|
Qualicorp Consultoria e Corretora de Seguros S.A
SA:QUAL3
|
$84.92 Million |
|
NAU IB Capital
KQ:293580
|
$84.85 Million |
|
Niloerngruppen AB Series B
ST:NIL-B
|
$84.84 Million |
|
S 11 Group Public Company Limited
BK:S11
|
$84.83 Million |
|
WIZ CORP Inc
KQ:038620
|
$84.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TIAN GE INT.HLDGS DL-0001's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,234,448,000 to 2,153,512,000, a change of -80,936,000 (-3.6%).
- Net loss of 9,306,000 reduced equity.
- Dividend payments of 30,256,000 reduced retained earnings.
- Share repurchases of 7,217,000 reduced equity.
- Other factors decreased equity by 34,157,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-9.31 Million | -0.43% |
| Dividends Paid | €30.26 Million | -1.4% |
| Share Repurchases | €7.22 Million | -0.34% |
| Other Changes | €-34.16 Million | -1.59% |
| Total Change | €- | -3.62% |
Book Value vs Market Value Analysis
This analysis compares TIAN GE INT.HLDGS DL-0001'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: 0.03x
- 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 |
|---|---|---|---|
| 2021-12-31 | €2.48 | €0.07 | x |
| 2022-12-31 | €1.91 | €0.07 | x |
| 2023-12-31 | €1.82 | €0.07 | x |
| 2024-12-31 | €1.97 | €0.07 | x |
| 2025-12-31 | €1.94 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TIAN GE INT.HLDGS DL-0001 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): -0.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.14%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.16x
- Recent ROE (-0.43%) is above the historical average (-4.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.21% | 61.19% | 0.06x | 1.15x | €-177.47 Million |
| 2022 | -22.45% | -374.91% | 0.05x | 1.22x | €-769.86 Million |
| 2023 | -5.98% | -199.15% | 0.03x | 1.14x | €-360.01 Million |
| 2024 | 0.89% | 196.81% | 0.00x | 1.17x | €-203.45 Million |
| 2025 | -0.43% | -24.14% | 0.02x | 1.16x | €-224.66 Million |
Industry Comparison
This section compares TIAN GE INT.HLDGS DL-0001's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $183,336,192,889
- Average return on equity (ROE) among peers: 3.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TIAN GE INT.HLDGS DL-0001 (04T) | €2.15 Billion | 4.21% | 0.17x | $84.87 Million |
| CHEET.M.ADR 50 NEW (0C9) | $2.21 Billion | -27.98% | 1.49x | $54.27 Million |
| Fiverr International Ltd (11V) | $355.77 Million | 1.03% | 1.88x | $307.56 Million |
| HELL.UNSP.ADR A1 DL-0001 (1MO) | $10.59 Billion | -27.53% | 0.71x | $718.04 Million |
| PHOENIX NEW MED.ADR 1/48 (1PX) | $1.27 Billion | -8.67% | 0.61x | $9.09 Million |
| RECRUIT HLD.UNSP.ADR/02 (1RHA) | $1.63 Trillion | 25.10% | 0.70x | $41.23 Billion |
| AUTO TRADER ADR 1/4 LS-01 (2UA0) | $569.40 Million | 49.63% | 0.12x | $4.85 Billion |
| Opera Limited (2V8) | $775.46 Million | 4.53% | 0.06x | $1.42 Billion |
| WEIBO CORP. A (2WB) | $3.52 Billion | 9.74% | 1.07x | $1.27 Billion |
| Weibo Corporation (2WBA) | $3.39 Billion | 2.52% | 1.10x | $1.29 Billion |
About TIAN GE INT.HLDGS DL-0001
Tian Ge Interactive Holdings Limited, an investment holding company, engages in the operation of live social video platforms and other services in the People's Republic of China and internationally. The company operates through Online Interactive Entertainment Service and Others segments. It operates mobile live streaming applications, including Miao Broadcasting, Crystal Live Broadcasting, Happy… Read more