Up Fintech Holding Ltd (TIGR) - Net Assets
Based on the latest financial reports, Up Fintech Holding Ltd (TIGR) has net assets worth $870.18 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.23 Billion) and total liabilities ($7.36 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. Check tangible net worth ratio of Up Fintech Holding Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $870.18 Million |
| % of Total Assets | 10.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | 94.83% |
| 10-Year Change | 4006.54% |
| Growth Volatility | 75.89 |
Up Fintech Holding Ltd - Net Assets Trend (1999–2025)
This chart illustrates how Up Fintech Holding Ltd's net assets have evolved over time, based on quarterly financial data. See TIGR days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Up Fintech Holding Ltd (1999–2025)
The table below shows the annual net assets of Up Fintech Holding Ltd from 1999 to 2025. For live valuation and market cap data, see Up Fintech Holding Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $870.18 Million | +31.42% |
| 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 20840980300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $208.41 Million | 24.08% |
| Common Stock | $26.78K | 0.00% |
| Other Comprehensive Income | $25.04 Million | 2.89% |
| Other Components | $632.03 Million | 73.02% |
| Total Equity | $865.51 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 |
|---|---|
|
Basler Aktiengesellschaft
XETRA:BSL
|
$810.28 Million |
|
Yijiahe Technology Co Ltd
SHG:603666
|
$810.54 Million |
|
Cascades Inc.
TO:CAS
|
$810.58 Million |
|
Beijing Asiacom Information Technology Co.Ltd
SHE:301085
|
$810.77 Million |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
$810.18 Million |
|
Ninety One Ltd
JSE:NY1
|
$810.14 Million |
|
PolyPeptide Group AG
SW:PPGN
|
$810.06 Million |
|
Huayi Compressor Co Ltd
SHE:000404
|
$809.68 Million |
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 2024 to 2025, total equity changed from 655,234,000 to 865,511,088, a change of 210,277,088 (32.1%).
- Net income of 171,449,571 contributed positively to equity growth.
- Share repurchases of 3,030,555 reduced equity.
- Other comprehensive income increased equity by 24,535,232.
- Other factors increased equity by 17,322,840.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $171.45 Million | +19.81% |
| Share Repurchases | $3.03 Million | -0.35% |
| Other Comprehensive Income | $24.54 Million | +2.83% |
| Other Changes | $17.32 Million | +2.0% |
| Total Change | $- | 32.09% |
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: 1.02x
- 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 24.50x to 1.02x 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 | $4.71 | x |
| 2017-12-31 | $-0.14 | $4.71 | x |
| 2018-12-31 | $-0.18 | $4.71 | x |
| 2019-12-31 | $1.50 | $4.71 | x |
| 2020-12-31 | $1.64 | $4.71 | x |
| 2021-12-31 | $2.87 | $4.71 | x |
| 2022-12-31 | $2.92 | $4.71 | x |
| 2023-12-31 | $3.02 | $4.71 | x |
| 2024-12-31 | $3.88 | $4.71 | x |
| 2025-12-31 | $4.62 | $4.71 | 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): 19.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.94%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 9.50x
- Recent ROE (19.81%) is above the historical average (-0.57%), 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 |
| 2025 | 19.81% | 27.94% | 0.07x | 9.50x | $84.90 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: $162,193,309
- Average return on equity (ROE) among peers: -6.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Up Fintech Holding Ltd (TIGR) | $870.18 Million | 3.43% | 8.45x | $810.18 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $278.79 Million |
| Abits Group Inc. (ABTS) | $9.73 Million | -6.60% | 0.34x | $3.23 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $21.08 Million |
| Argo Blockchain PLC ADR (ARBK) | $33.15 Million | 5.93% | 0.34x | $957.54K |
| AtlasClear Holdings, Inc. (ATCH) | $-3.23 Million | 0.00% | 0.00x | $32.53 Million |
| Prestige Wealth Inc. (AURE) | $-291.66K | 0.00% | 0.00x | $51.29 Million |
| Solowin Holdings (AXG) | $3.34 Million | 5.15% | 2.06x | $529.48 Million |
| BGC Group Inc. (BGC) | $271.69 Million | 13.29% | 0.10x | $4.46 Billion |
| Big Digital Energy, Inc. (BGDE) | $-3.24 Million | 0.00% | 0.00x | $34.07 Million |
| Bitfarms Ltd (BITF) | $255.40 Million | -68.77% | 0.34x | $1.21 Billion |
About 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