Up Fintech Holding Ltd
UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors in New Zealand, the Cayman Island, Singapore, the United States, and internationally. The company has developed a brokerage platform, Tiger Trade which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It also provides valu… Read more
Up Fintech Holding Ltd (TIGR) - Net Assets
Latest net assets as of September 2025: $815.54 Million USD
Based on the latest financial reports, Up Fintech Holding Ltd (TIGR) has net assets worth $815.54 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.30 Billion) and total liabilities ($8.48 Billion). 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 | $815.54 Million |
| % of Total Assets | 8.77% |
| Annual Growth Rate | N/A |
| 5-Year Change | 180.93% |
| 10-Year Change | 6828.87% |
| Growth Volatility | 77.54 |
Up Fintech Holding Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Up Fintech Holding Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Up Fintech Holding Ltd (1999–2024)
The table below shows the annual net assets of Up Fintech Holding Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $662.12 Million | +33.65% |
| 2023-12-31 | $495.42 Million | +10.84% |
| 2022-12-31 | $446.99 Million | +0.08% |
| 2021-12-31 | $446.63 Million | +89.50% |
| 2020-12-31 | $235.69 Million | +11.20% |
| 2019-12-31 | $211.94 Million | +919.00% |
| 2018-12-31 | $-25.88 Million | -69.18% |
| 2017-12-31 | $-15.30 Million | -172.18% |
| 2016-12-31 | $21.19 Million | +121.75% |
| 2014-12-31 | $9.56 Million | -74.70% |
| 2013-12-31 | $37.78 Million | +7.97% |
| 2012-12-31 | $34.99 Million | +10.16% |
| 2011-12-31 | $31.76 Million | -6.21% |
| 2010-12-31 | $33.87 Million | -4.09% |
| 2009-12-31 | $35.31 Million | +2.20% |
| 2008-12-31 | $34.55 Million | -1.49% |
| 2007-12-31 | $35.08 Million | +253.61% |
| 2006-12-31 | $9.92 Million | -1.75% |
| 2005-12-31 | $10.10 Million | -14.22% |
| 2004-12-31 | $11.77 Million | +20.21% |
| 2003-12-31 | $9.79 Million | -0.16% |
| 2002-12-31 | $9.81 Million | -15.02% |
| 2001-12-31 | $11.54 Million | -59.74% |
| 2000-12-31 | $28.67 Million | +17687.73% |
| 1999-12-31 | $-163.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Up Fintech Holding Ltd'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 3784400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $37.84 Million | 5.78% |
| Common Stock | $26.40K | 0.00% |
| Other Comprehensive Income | $506.15K | 0.08% |
| Other Components | $616.86 Million | 94.14% |
| Total Equity | $655.23 Million | 100.00% |
Up Fintech Holding Ltd Competitors by Market Cap
The table below lists competitors of Up Fintech Holding Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wondershare Technology Co Ltd Class A
SHE:300624
|
$1.30 Billion |
|
Asker Healthcare
ST:ASKER
|
$1.30 Billion |
|
Chemring Group PLC
PINK:CMGMF
|
$1.30 Billion |
|
Amprius Technologies Inc.
NYSE:AMPX
|
$1.30 Billion |
|
Better Life Commercial Chain Share Co Ltd
SHE:002251
|
$1.30 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
$1.30 Billion |
|
Orbia Advance Corp
PINK:MXCHY
|
$1.30 Billion |
|
Universal Corporation
NYSE:UVV
|
$1.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Up Fintech Holding Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 488,976,377 to 655,234,000, a change of 166,257,623 (34.0%).
- Net income of 60,727,920 contributed positively to equity growth.
- New share issuances of 103,742,312 increased equity.
- Other comprehensive income decreased equity by 4,771,893.
- Other factors increased equity by 6,559,284.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $60.73 Million | +9.27% |
| Share Issuances | $103.74 Million | +15.83% |
| Other Comprehensive Income | $-4.77 Million | -0.73% |
| Other Changes | $6.56 Million | +1.0% |
| Total Change | $- | 34.00% |
Book Value vs Market Value Analysis
This analysis compares Up Fintech Holding Ltd'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: 1.92x
- 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 38.70x to 1.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $0.19 | $7.44 | x |
| 2017-12-31 | $-0.14 | $7.44 | x |
| 2018-12-31 | $-0.18 | $7.44 | x |
| 2019-12-31 | $1.50 | $7.44 | x |
| 2020-12-31 | $1.64 | $7.44 | x |
| 2021-12-31 | $2.87 | $7.44 | x |
| 2022-12-31 | $2.92 | $7.44 | x |
| 2023-12-31 | $3.02 | $7.44 | x |
| 2024-12-31 | $3.88 | $7.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Up Fintech Holding Ltd 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 has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.51%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 9.75x
- Recent ROE (9.27%) is above the historical average (-2.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.43% | 23.59% | 0.13x | 1.10x | $-2.48 Million |
| 2016 | -51.94% | -196.47% | 0.22x | 1.18x | $-12.83 Million |
| 2017 | 0.00% | -44.31% | 0.47x | 0.00x | $-6.03 Million |
| 2018 | 0.00% | -128.75% | 0.29x | 0.00x | $-40.77 Million |
| 2019 | -3.11% | -11.23% | 0.07x | 3.82x | $-27.78 Million |
| 2020 | 6.82% | 11.60% | 0.06x | 9.30x | $-7.50 Million |
| 2021 | 3.29% | 5.55% | 0.08x | 7.44x | $-29.97 Million |
| 2022 | -0.49% | -0.97% | 0.06x | 8.49x | $-46.90 Million |
| 2023 | 6.66% | 11.95% | 0.07x | 7.66x | $-16.33 Million |
| 2024 | 9.27% | 15.51% | 0.06x | 9.75x | $-4.80 Million |
Industry Comparison
This section compares Up Fintech Holding Ltd's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Up Fintech Holding Ltd (TIGR) | $815.54 Million | 3.43% | 10.40x | $1.30 Billion |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |