Teck Resources Limited (TPT) - Net Assets

Latest as of March 2026: €27.21 Billion EUR ≈ $31.81 Billion USD

Based on the latest financial reports, Teck Resources Limited (TPT) has net assets worth €27.21 Billion EUR (≈ $31.81 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€46.64 Billion ≈ $54.53 Billion USD) and total liabilities (€19.43 Billion ≈ $22.72 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 Teck Resources Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€27.21 Billion
% of Total Assets	58.33%
Annual Growth Rate	4.43%
5-Year Change	9.4%
10-Year Change	N/A
Growth Volatility	8.93

Teck Resources Limited - Net Assets Trend (2016–2025)

This chart illustrates how Teck Resources Limited's net assets have evolved over time, based on quarterly financial data. See how many days can Teck Resources Limited fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Teck Resources Limited (2016–2025)

The table below shows the annual net assets of Teck Resources Limited from 2016 to 2025. For live valuation and market cap data, see Teck Resources Limited (TPT) total market value.

Year	Net Assets	Change
2025-12-31	€26.01 Billion ≈ $30.40 Billion	-4.02%
2024-12-31	€27.10 Billion ≈ $31.68 Billion	-4.23%
2023-12-31	€28.29 Billion ≈ $33.08 Billion	+6.72%
2022-12-31	€26.51 Billion ≈ $30.99 Billion	+11.52%
2021-12-31	€23.77 Billion ≈ $27.79 Billion	+14.80%
2020-12-31	€20.71 Billion ≈ $24.21 Billion	-6.19%
2019-12-31	€22.07 Billion ≈ $25.81 Billion	-4.10%
2018-12-31	€23.02 Billion ≈ $26.91 Billion	+17.89%
2017-12-31	€19.52 Billion ≈ $22.83 Billion	+10.93%
2016-12-31	€17.60 Billion ≈ $20.58 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Teck Resources Limited'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 71.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€17.45 Billion	69.54%
Other Components	€7.64 Billion	30.46%
Total Equity	€25.10 Billion	100.00%

Teck Resources Limited Competitors by Market Cap

The table below lists competitors of Teck Resources Limited ranked by their market capitalization.

Company	Market Cap
4D Molecular Therapeutics Inc NASDAQ:FDMT	$493.16 Million
Dareway Software Co Ltd SHG:688579	$493.44 Million
Anhui Ankai Automobile Co Ltd SHE:000868	$493.56 Million
Jiangsu Jingyuan Environmental Protection Co Ltd SHG:688096	$493.59 Million
Zhejiang Netsun Co Ltd SHE:002095	$492.96 Million
Changzhou Almaden Co Ltd SHE:002623	$492.86 Million
Shenzhen Bingchuan Network Co Ltd SHE:300533	$492.68 Million
Zhejiang Sunrise Garment Group Co Ltd SHG:605138	$492.66 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Teck Resources Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 26,077,000,000 to 25,096,000,000, a change of -981,000,000 (-3.8%).
Net income of 1,401,000,000 contributed positively to equity growth.
Dividend payments of 246,000,000 reduced retained earnings.
Share repurchases of 1,011,000,000 reduced equity.
New share issuances of 26,000,000 increased equity.
Other factors decreased equity by 1,151,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€1.40 Billion	+5.58%
Dividends Paid	€246.00 Million	-0.98%
Share Repurchases	€1.01 Billion	-4.03%
Share Issuances	€26.00 Million	+0.1%
Other Changes	€-1.15 Billion	-4.59%
Total Change	€-	-3.76%

Book Value vs Market Value Analysis

This analysis compares Teck Resources Limited'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: 1.08x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 1.64x to 1.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€33.81	€55.50	x
2018-12-31	€40.10	€55.50	x
2019-12-31	€38.93	€55.50	x
2020-12-31	€37.73	€55.50	x
2021-12-31	€43.02	€55.50	x
2022-12-31	€49.59	€55.50	x
2023-12-31	€52.17	€55.50	x
2024-12-31	€51.50	€55.50	x
2025-12-31	€51.38	€55.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Teck Resources Limited 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): 5.58%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.03%
• Asset Turnover: 0.24x
• Equity Multiplier: 1.81x
Recent ROE (5.58%) is below the historical average (6.69%), 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	5.96%	11.18%	0.26x	2.04x	€-704.20 Million
2017	12.94%	20.83%	0.33x	1.91x	€570.70 Million
2018	13.58%	24.73%	0.32x	1.73x	€818.60 Million
2019	-2.84%	-5.07%	0.30x	1.85x	€-2.74 Billion
2020	-4.31%	-9.66%	0.22x	2.06x	€-2.87 Billion
2021	12.47%	21.27%	0.28x	2.06x	€567.50 Million
2022	13.02%	19.16%	0.33x	2.06x	€769.70 Million
2023	8.93%	37.20%	0.12x	2.08x	€-289.80 Million
2024	1.56%	4.48%	0.19x	1.80x	€-2.20 Billion
2025	5.58%	13.03%	0.24x	1.81x	€-1.11 Billion

Industry Comparison

This section compares Teck Resources Limited's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Teck Resources Limited (TPT)	€27.21 Billion	5.96%	0.71x	$493.10 Million
Covestro AG (1COV)	$5.25 Billion	10.51%	1.19x	$11.10 Billion
2invest AG (2INV)	$82.61 Million	-2.29%	0.06x	$70.69 Million
COINSHARES I. LS-000247 (3TW)	$304.77 Million	19.41%	10.42x	$472.53 Million
Adaptimmune Therapeutics plc (473A)	$202.98 Million	-34.55%	0.39x	$42.94 Million
KINGMAN MINERALS LTD. (47A)	$1.17 Million	-63.86%	0.49x	$267.57K
GENOR BIOPHARMA DL-00002 (67N0)	$1.81 Billion	-40.45%	0.17x	$120.83 Million
Biotest Aktiengesellschaft (BIO)	$168.97 Million	0.00%	1.17x	$976.15 Million
Biotest Aktiengesellschaft (BIO3)	$253.37 Million	11.10%	1.34x	$656.94 Million
Bancolombia S.A (BXK)	$33.93 Trillion	12.05%	7.54x	$4.84 Billion
mVISE AG (C1V)	$3.44 Million	-64.81%	3.31x	$10.43 Million

About Teck Resources Limited

F:TPT Germany

Market Cap

$493.10 Million

€421.77 Million EUR

Market Cap Rank

#12450 Global

#1335 in Germany

Share Price

€55.50

Change (1 day)

-5.93%

52-Week Range

€26.40 - €60.00

All Time High

€67.69