Ten-League International Holdings Limited Ordinary Shares
Ten-League International Holdings Limited, through its subsidiaries, engages in the sale and rental of new and used heavy equipment and parts in Singapore and internationally. The company also supplies foundation equipment, hoist equipment, excavation equipment, and port machinery. In addition, it offers engineering consultancy services, including equipment retrofitting, upgrading, modernization,… Read more
Ten-League International Holdings Limited Ordinary Shares (TLIH) - Net Assets
Latest net assets as of March 2025: $6.22 Million USD
Based on the latest financial reports, Ten-League International Holdings Limited Ordinary Shares (TLIH) has net assets worth $6.22 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($71.05 Million) and total liabilities ($64.83 Million). 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 | $6.22 Million |
| % of Total Assets | 8.75% |
| Annual Growth Rate | -20.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 52.86 |
Ten-League International Holdings Limited Ordinary Shares - Net Assets Trend (2021–2024)
This chart illustrates how Ten-League International Holdings Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ten-League International Holdings Limited Ordinary Shares (2021–2024)
The table below shows the annual net assets of Ten-League International Holdings Limited Ordinary Shares from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.22 Million | +43.47% |
| 2023-12-31 | $4.33 Million | +33.19% |
| 2022-12-31 | $3.25 Million | -73.46% |
| 2021-12-31 | $12.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ten-League International Holdings Limited Ordinary Shares'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 53.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.33 Million | 85.80% |
| Other Components | $883.00K | 14.20% |
| Total Equity | $6.22 Million | 100.00% |
Ten-League International Holdings Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Ten-League International Holdings Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sonetel AB
ST:SONE
|
$1.11 Million |
|
Aino Health AB
ST:AINO
|
$1.11 Million |
|
Rimoni
TA:RIMO
|
$1.11 Million |
|
BLAZE Minerals Ltd
AU:BLZ
|
$1.11 Million |
|
LIQUID AVATAR TECHNO.INC.
F:4T5
|
$1.11 Million |
|
Appulse Corp
V:APL
|
$1.11 Million |
|
MASIMO
BE:3M4
|
$1.11 Million |
|
Suumaya Industries Limited
NSE:SUULD
|
$1.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ten-League International Holdings Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,334,000 to 6,218,000, a change of 1,884,000 (43.5%).
- Net income of 1,884,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.88 Million | +30.3% |
| Total Change | $- | 43.47% |
Book Value vs Market Value Analysis
This analysis compares Ten-League International Holdings Limited Ordinary Shares'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: 1.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.65x to 1.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.41 | $0.27 | x |
| 2022-12-31 | $0.11 | $0.27 | x |
| 2023-12-31 | $0.14 | $0.27 | x |
| 2024-12-31 | $0.21 | $0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ten-League International Holdings Limited Ordinary Shares 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): 30.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.22%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 11.43x
- Recent ROE (30.30%) is below the historical average (90.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 14.60% | 3.13% | 1.06x | 4.38x | $564.00K |
| 2022 | 153.47% | 6.71% | 1.29x | 17.72x | $4.67 Million |
| 2023 | 163.36% | 9.73% | 1.11x | 15.17x | $6.65 Million |
| 2024 | 30.30% | 3.22% | 0.82x | 11.43x | $1.26 Million |
Industry Comparison
This section compares Ten-League International Holdings Limited Ordinary Shares's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $916,275,000
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ten-League International Holdings Limited Ordinary Shares (TLIH) | $6.22 Million | 14.60% | 10.43x | $1.11 Million |
| Addtech AB (publ.) (ADDHY) | $3.08 Billion | 28.02% | 1.77x | $4.34 Billion |
| Andritz AG (ADRZF) | $1.33 Billion | 19.84% | 3.73x | $4.12 Billion |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $9.65 Billion |
| Beacon Roofing Supply Inc (BECN) | $26.57 Million | -1.42% | 8.92x | $7.71 Billion |
| BlueLinx Holdings Inc (BXC) | $141.49 Million | 18.31% | 7.04x | $335.15 Million |
| CD International Enterprises Inc (CDIIQ) | $64.33 Million | 0.00% | 0.25x | $7.73K |
| Core & Main Inc (CNM) | $801.00 Million | 4.62% | 3.90x | $9.10 Billion |
| Doman Building Materials Group Ltd (CWXZF) | $497.71 Million | 21.40% | 2.09x | $403.14 Million |
| Now Inc (DNOW) | $1.40 Billion | -35.78% | 0.31x | $1.15 Billion |
| Diploma PLC (DPMAY) | $894.70 Million | 14.45% | 0.98x | $10.23 Billion |