Tingyi (Cayman Islands) Holding Corp (TYG) - Net Assets
Based on the latest financial reports, Tingyi (Cayman Islands) Holding Corp (TYG) has net assets worth €16.07 Billion EUR (≈ $18.79 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€55.95 Billion ≈ $65.41 Billion USD) and total liabilities (€39.88 Billion ≈ $46.63 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. Also explore total assets of Tingyi (Cayman Islands) Holding Corp for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €16.07 Billion |
| % of Total Assets | 28.72% |
| Annual Growth Rate | 14.62% |
| 5-Year Change | -28.8% |
| 10-Year Change | 352.34% |
| Growth Volatility | 150.14 |
Tingyi (Cayman Islands) Holding Corp - Net Assets Trend (2013–2024)
This chart illustrates how Tingyi (Cayman Islands) Holding Corp's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Tingyi (Cayman Islands) Holding Corp (TYG) total market value.
Annual Net Assets for Tingyi (Cayman Islands) Holding Corp (2013–2024)
The table below shows the annual net assets of Tingyi (Cayman Islands) Holding Corp from 2013 to 2024. Explore Tingyi (Cayman Islands) Holding Corp operating cash flow efficiency to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €17.62 Billion ≈ $20.59 Billion |
+2.28% |
| 2023-12-31 | €17.22 Billion ≈ $20.13 Billion |
+2.42% |
| 2022-12-31 | €16.82 Billion ≈ $19.66 Billion |
-24.96% |
| 2021-12-31 | €22.41 Billion ≈ $26.20 Billion |
-9.42% |
| 2020-12-31 | €24.74 Billion ≈ $28.92 Billion |
+7.35% |
| 2019-12-31 | €23.05 Billion ≈ $26.94 Billion |
-2.40% |
| 2018-12-31 | €23.61 Billion ≈ $27.61 Billion |
+5.91% |
| 2017-12-31 | €22.29 Billion ≈ $26.06 Billion |
-7.47% |
| 2016-12-31 | €24.09 Billion ≈ $28.17 Billion |
+518.67% |
| 2015-12-31 | €3.89 Billion ≈ $4.55 Billion |
-4.92% |
| 2014-12-31 | €4.10 Billion ≈ $4.79 Billion |
+4.31% |
| 2013-12-31 | €3.93 Billion ≈ $4.59 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tingyi (Cayman Islands) Holding Corp'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €14.23 Billion | 100.00% |
| Total Equity | €14.23 Billion | 100.00% |
Tingyi (Cayman Islands) Holding Corp Competitors by Market Cap
The table below lists competitors of Tingyi (Cayman Islands) Holding Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sanmina Corporation
NASDAQ:SANM
|
$7.75 Billion |
|
Pool Corporation
NASDAQ:POOL
|
$7.75 Billion |
|
GAZTR.TECHNI.U.ADR1/5EO01
F:9TG0
|
$7.76 Billion |
|
Zurn Elkay Water Solutions Corporation
NYSE:ZWS
|
$7.76 Billion |
|
TURK HA.YO.UNS.ADR 10 TN1
F:TU5A
|
$7.74 Billion |
|
Chime Financial, Inc. Class A Common Stock
NASDAQ:CHYM
|
$7.73 Billion |
|
Nemetschek AG O.N.
XETRA:NEM
|
$7.73 Billion |
|
Indutrade AB
ST:INDT
|
$7.73 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tingyi (Cayman Islands) Holding Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,894,604,000 to 14,229,046,000, a change of 334,442,000 (2.4%).
- Net income of 3,734,429,000 contributed positively to equity growth.
- Dividend payments of 3,117,097,000 reduced retained earnings.
- New share issuances of 563,000 increased equity.
- Other factors decreased equity by 283,453,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.73 Billion | +26.25% |
| Dividends Paid | €3.12 Billion | -21.91% |
| Share Issuances | €563.00K | +0.0% |
| Other Changes | €-283.45 Million | -1.99% |
| Total Change | €- | 2.41% |
Book Value vs Market Value Analysis
This analysis compares Tingyi (Cayman Islands) Holding Corp'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: 0.51x
- 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 increased from 0.39x to 0.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.28 | €1.29 | x |
| 2018-12-31 | €3.50 | €1.29 | x |
| 2019-12-31 | €3.48 | €1.29 | x |
| 2020-12-31 | €3.75 | €1.29 | x |
| 2021-12-31 | €3.31 | €1.29 | x |
| 2022-12-31 | €2.37 | €1.29 | x |
| 2023-12-31 | €2.47 | €1.29 | x |
| 2024-12-31 | €2.53 | €1.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tingyi (Cayman Islands) Holding Corp 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): 26.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.63%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 3.74x
- Recent ROE (26.25%) is above the historical average (15.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.18% | 3.73% | 1.30x | 2.92x | €120.51 Million |
| 2014 | 13.20% | 3.91% | 1.11x | 3.03x | €97.13 Million |
| 2015 | 8.81% | 2.82% | 1.07x | 2.92x | €-34.57 Million |
| 2016 | 6.75% | 2.11% | 1.03x | 3.11x | €-591.01 Million |
| 2017 | 9.88% | 3.09% | 1.09x | 2.94x | €-22.13 Million |
| 2018 | 12.53% | 4.06% | 1.14x | 2.70x | €497.97 Million |
| 2019 | 17.01% | 5.37% | 1.07x | 2.96x | €1.37 Billion |
| 2020 | 19.24% | 6.01% | 1.10x | 2.91x | €1.95 Billion |
| 2021 | 20.38% | 5.13% | 1.23x | 3.23x | €1.94 Billion |
| 2022 | 19.69% | 3.34% | 1.35x | 4.37x | €1.30 Billion |
| 2023 | 22.44% | 3.88% | 1.51x | 3.83x | €1.73 Billion |
| 2024 | 26.25% | 4.63% | 1.52x | 3.74x | €2.31 Billion |
Industry Comparison
This section compares Tingyi (Cayman Islands) Holding Corp's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,527,766,040
- Average return on equity (ROE) among peers: -14.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tingyi (Cayman Islands) Holding Corp (TYG) | €16.07 Billion | 14.18% | 2.48x | $7.74 Billion |
| COFCO Joycome Foods Limited (0M7) | $8.26 Billion | 4.32% | 1.23x | $749.96 Million |
| Nomad Foods Limited (0NH) | $2.66 Billion | 8.53% | 1.42x | $1.38 Billion |
| DaChan Food (Asia) Limited (3DS) | $2.01 Billion | 6.64% | 1.01x | $67.72 Million |
| JATCORP LTD. (3J2) | $10.83 Million | 20.49% | 1.34x | $8.34 Million |
| PSYCHED WELLNESS LTD (5U9) | $3.10 Million | -162.18% | 0.21x | $2.29 Million |
| BOOSH PLANT-BASED BRANDS (77I) | $-178.46K | 0.00% | 0.00x | $118.63K |
| ELEMENT NUTR.SCIENCES (93X) | $-8.47 Million | 0.00% | 0.00x | $2.73 Million |
| Danone SA (BSND) | $16.22 Billion | 5.43% | 1.74x | $42.57 Billion |
| China Yurun Food Group Limited (C7Y) | $16.01 Billion | 0.27% | 0.68x | $19.18 Million |
| DAVIDsTEA Inc (DAT) | $101.37 Million | -28.12% | 0.46x | $17.53 Million |
About Tingyi (Cayman Islands) Holding Corp
Tingyi (Cayman Islands) Holding Corp., an investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People's Republic of China. It operates through Instant Noodles, Beverages, and others segments. The company offers ready-to-drink teas, juices, bottled water, and carbonated soft drinks; various noodles; and coffee/functional/probiotics drinks.… Read more