TAT HONG EQ.SRV. DL-08 (1Q2) - Net Assets
Based on the latest financial reports, TAT HONG EQ.SRV. DL-08 (1Q2) has net assets worth €1.25 Billion EUR (≈ $1.46 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.99 Billion ≈ $3.50 Billion USD) and total liabilities (€1.74 Billion ≈ $2.04 Billion 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 TAT HONG EQ.SRV. DL-08 (1Q2) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.25 Billion |
| % of Total Assets | 41.71% |
| Annual Growth Rate | -6.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.07 |
TAT HONG EQ.SRV. DL-08 - Net Assets Trend (2022–2025)
This chart illustrates how TAT HONG EQ.SRV. DL-08's net assets have evolved over time, based on quarterly financial data. See TAT HONG EQ.SRV. DL-08 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TAT HONG EQ.SRV. DL-08 (2022–2025)
The table below shows the annual net assets of TAT HONG EQ.SRV. DL-08 from 2022 to 2025. For live valuation and market cap data, see 1Q2 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €1.30 Billion ≈ $1.52 Billion |
-8.37% |
| 2024-03-31 | €1.42 Billion ≈ $1.66 Billion |
-6.34% |
| 2023-03-31 | €1.52 Billion ≈ $1.77 Billion |
-3.33% |
| 2022-03-31 | €1.57 Billion ≈ $1.84 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to TAT HONG EQ.SRV. DL-08'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 57.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €193.47 Million | 14.87% |
| Other Components | €1.11 Billion | 85.13% |
| Total Equity | €1.30 Billion | 100.00% |
TAT HONG EQ.SRV. DL-08 Competitors by Market Cap
The table below lists competitors of TAT HONG EQ.SRV. DL-08 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Panda Electronics Company Limited
F:NNJ
|
$93.36 Million |
|
51 CREDIT CARD DL-00001
F:2JY
|
$93.38 Million |
|
Blink Charging Co
NASDAQ:BLNK
|
$93.38 Million |
|
Stella Holdings Bhd
KLSE:5006
|
$93.38 Million |
|
Martin Midstream Partners LP
NASDAQ:MMLP
|
$93.34 Million |
|
Team Precision Public Company Limited
BK:TEAM
|
$93.33 Million |
|
CFSB Bancorp Inc
NASDAQ:CFSB
|
$93.32 Million |
|
MAISON POMMERY & ASSOCIES
PA:POMRY
|
$93.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TAT HONG EQ.SRV. DL-08's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,421,425,000 to 1,300,747,000, a change of -120,678,000 (-8.5%).
- Net loss of 120,553,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-120.55 Million | -9.27% |
| Other Changes | €-125.00K | -0.01% |
| Total Change | €- | -8.49% |
Book Value vs Market Value Analysis
This analysis compares TAT HONG EQ.SRV. DL-08'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: 0.08x
- 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 |
|---|---|---|---|
| 2022-03-31 | €1.35 | €0.09 | x |
| 2023-03-31 | €1.30 | €0.09 | x |
| 2024-03-31 | €1.22 | €0.09 | x |
| 2025-03-31 | €1.11 | €0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TAT HONG EQ.SRV. DL-08 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): -9.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.00%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.39x
- Recent ROE (-9.27%) is below the historical average (-3.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 3.03% | 5.49% | 0.30x | 1.86x | €-109.35 Million |
| 2023 | -2.36% | -4.65% | 0.24x | 2.08x | €-187.57 Million |
| 2024 | -6.73% | -14.02% | 0.22x | 2.17x | €-237.78 Million |
| 2025 | -9.27% | -19.00% | 0.20x | 2.39x | €-250.63 Million |
Industry Comparison
This section compares TAT HONG EQ.SRV. DL-08's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $88,963,823,926
- Average return on equity (ROE) among peers: 9.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TAT HONG EQ.SRV. DL-08 (1Q2) | €1.25 Billion | 3.03% | 1.40x | $93.35 Million |
| Sinotruk (Hong Kong) Limited (4SK) | $20.81 Billion | 1.30% | 1.20x | $11.38 Billion |
| Zoomlion Heavy Industry Science and Technology Co. Ltd (8CZ) | $42.05 Billion | 9.13% | 1.13x | $1.57 Billion |
| Traton SE (8TRA) | $14.37 Billion | 7.94% | 3.05x | $16.49 Billion |
| Lonking Holdings Limited (C9IB) | $9.75 Billion | 4.11% | 0.58x | $1.38 Billion |
| Daimler Truck Holding AG (DTG) | $22.23 Billion | 16.99% | 2.20x | $30.60 Billion |
| DAIMLER TRUCK SP.ADS/1/2 (DTG1) | $16.42 Billion | 14.29% | 2.34x | $30.57 Billion |
| First Tractor Company Limited (FTP) | $5.26 Billion | 4.32% | 1.23x | $334.50 Million |
| HITACHI CONSTR.MACH.ADR/2 (HCMA) | $667.93 Billion | 11.35% | 1.11x | $7.15 Billion |
| Kion Group AG (KGX) | $1.85 Billion | 11.74% | 2.48x | $6.19 Billion |
About TAT HONG EQ.SRV. DL-08
Tat Hong Equipment Service Co., Ltd. provides tower crane solution services in the People's Republic of China. The company offers consultation, technical design, commissioning, construction, and after-sales services to infrastructure, clean energy, traditional energy, public and factory building, and commercial and residential building. It also engages in the installation, maintenance, leasing, a… Read more