TCTM Kids IT Education Inc. (VSA) - Net Assets
Based on the latest financial reports, TCTM Kids IT Education Inc. (VSA) has net assets worth $-1.78 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 ($51.63 Million) and total liabilities ($1.83 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 how resilient are TCTM Kids IT Education Inc.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.78 Billion |
| % of Total Assets | -3439.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -234.74% |
| Growth Volatility | 70.02 |
TCTM Kids IT Education Inc. - Net Assets Trend (2012–2024)
This chart illustrates how TCTM Kids IT Education Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore VSA current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for TCTM Kids IT Education Inc. (2012–2024)
The table below shows the annual net assets of TCTM Kids IT Education Inc. from 2012 to 2024. For live valuation and market cap data, see VSA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.80 Billion | -20.13% |
| 2023-12-31 | $-1.50 Billion | +0.35% |
| 2022-12-31 | $-1.51 Billion | +5.38% |
| 2021-12-31 | $-1.59 Billion | -39.78% |
| 2020-12-31 | $-1.14 Billion | -182.65% |
| 2019-12-31 | $-403.06 Million | -170.51% |
| 2018-12-31 | $571.64 Million | -54.97% |
| 2017-12-31 | $1.27 Billion | -20.57% |
| 2016-12-31 | $1.60 Billion | +19.39% |
| 2015-12-31 | $1.34 Billion | +18.00% |
| 2014-12-31 | $1.13 Billion | +395.81% |
| 2013-12-31 | $-383.52 Million | -75.72% |
| 2012-12-31 | $-218.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TCTM Kids IT Education Inc.'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 279318820711.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $444.00K | % |
| Other Comprehensive Income | $54.27 Million | % |
| Other Components | $1.16 Billion | % |
| Total Equity | $-1.80 Billion | 100.00% |
TCTM Kids IT Education Inc. Competitors by Market Cap
The table below lists competitors of TCTM Kids IT Education Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Time Finance PLC
LSE:TIME
|
$474.07K |
|
Gelion PLC
LSE:GELN
|
$474.39K |
|
Time Out Group plc
LSE:TMO
|
$476.93K |
|
Aequus Pharmaceuticals Inc
V:AQS
|
$479.73K |
|
Hawkeye Gold and Diamond Inc
V:HAWK
|
$472.12K |
|
Zapp Electric Vehicles Group Limited Ordinary Shares
NASDAQ:ZAPP
|
$472.01K |
|
PURANIUM ENERGY LTD.
F:2DK
|
$469.66K |
|
Christie Group plc
LSE:CTG
|
$467.74K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TCTM Kids IT Education Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -1,497,783,000 to -1,802,858,000, a change of -305,075,000.
- Net loss of 586,542,000 reduced equity.
- Share repurchases of 7,360,000 reduced equity.
- Other comprehensive income increased equity by 6,050,000.
- Other factors increased equity by 282,777,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-586.54 Million | -32.53% |
| Share Repurchases | $7.36 Million | -0.41% |
| Other Comprehensive Income | $6.05 Million | +0.34% |
| Other Changes | $282.78 Million | +15.68% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares TCTM Kids IT Education Inc.'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-21.54 | $0.76 | x |
| 2013-12-31 | $-37.85 | $0.76 | x |
| 2014-12-31 | $117.61 | $0.76 | x |
| 2015-12-31 | $113.92 | $0.76 | x |
| 2016-12-31 | $135.43 | $0.76 | x |
| 2017-12-31 | $106.50 | $0.76 | x |
| 2018-12-31 | $52.12 | $0.76 | x |
| 2019-12-31 | $-37.47 | $0.76 | x |
| 2020-12-31 | $-104.16 | $0.76 | x |
| 2021-12-31 | $-140.77 | $0.76 | x |
| 2022-12-31 | $-129.90 | $0.76 | x |
| 2023-12-31 | $-135.34 | $0.76 | x |
| 2024-12-31 | $-162.91 | $0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TCTM Kids IT Education Inc. 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.10%
- • Asset Turnover: 11.64x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-4.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 16.81% | 1.21x | 0.00x | $81.45 Million |
| 2013 | 0.00% | 15.13% | 1.26x | 0.00x | $123.48 Million |
| 2014 | 13.39% | 18.14% | 0.62x | 1.19x | $38.40 Million |
| 2015 | 13.35% | 15.17% | 0.71x | 1.24x | $44.90 Million |
| 2016 | 14.15% | 14.88% | 0.73x | 1.30x | $66.30 Million |
| 2017 | -0.01% | -0.01% | 0.87x | 1.59x | $-127.10 Million |
| 2018 | -103.07% | -28.30% | 1.11x | 3.28x | $-647.44 Million |
| 2019 | 0.00% | -50.51% | 0.82x | 0.00x | $-996.08 Million |
| 2020 | 0.00% | -40.39% | 0.97x | 0.00x | $-653.44 Million |
| 2021 | 0.00% | -38.39% | 0.75x | 0.00x | $-316.15 Million |
| 2022 | 0.00% | 5.97% | 1.05x | 0.00x | $233.51 Million |
| 2023 | 0.00% | 0.65% | 1.35x | 0.00x | $158.70 Million |
| 2024 | 0.00% | -50.10% | 11.64x | 0.00x | $-406.26 Million |
Industry Comparison
This section compares TCTM Kids IT Education Inc.'s net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $777,038,225
- Average return on equity (ROE) among peers: -8.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TCTM Kids IT Education Inc. (VSA) | $-1.78 Billion | 0.00% | N/A | $472.81K |
| ATA Creativity Global (AACG) | $44.82 Million | -27.22% | 2.11x | $30.18 Million |
| Afya Ltd (AFYA) | $2.83 Billion | 10.31% | 0.69x | $651.37 Million |
| Ambow Education Holding Ltd (AMBO) | $262.77 Million | 17.12% | 2.46x | $5.98 Million |
| American Public Education Inc (APEI) | $234.22 Million | 17.45% | 0.27x | $1.07 Billion |
| Adtalem Global Education Inc (ATGE) | $513.38 Million | 5.56% | 0.77x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $3.01 Billion | 8.20% | 0.55x | $17.48 Million |
| Chegg Inc (CHGG) | $231.07 Million | -25.62% | 0.26x | $62.56 Million |
| China Liberal Education Holdings (CLEU) | $4.61 Million | 18.85% | 0.14x | $336.66K |
| 51Talk Online Education Group (COE) | $17.94 Million | -91.41% | 1.04x | $117.74 Million |
| Coursera Inc (COUR) | $616.19 Million | -18.92% | 0.49x | $1.03 Billion |
About TCTM Kids IT Education Inc.
VisionSys AI Inc., through its subsidiaries, engages in the provision of STEM education services in Mainland China. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers. The company also operates an education platfo… Read more