TechCreate Group Ltd.
TechCreate Group Ltd., a technology consultancy and software solution company, offers payment, cybersecurity, and digital services and solutions in Singapore, Brunei, and Cambodia. The company offers development of Real-Time Engine, Real-Time Payment, application programming interface management, and other services, such as cybersecurity defense, IT infrastructure, and cloud services. It also pro… Read more
TechCreate Group Ltd. (TCGL) - Net Assets
Latest net assets as of June 2025: $537.77K USD
Based on the latest financial reports, TechCreate Group Ltd. (TCGL) has net assets worth $537.77K USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.65 Million) and total liabilities ($1.11 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 | $537.77K |
| % of Total Assets | 32.64% |
| Annual Growth Rate | 34.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
TechCreate Group Ltd. - Net Assets Trend (2023–2024)
This chart illustrates how TechCreate Group 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 TechCreate Group Ltd. (2023–2024)
The table below shows the annual net assets of TechCreate Group Ltd. from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $874.72K | +34.26% |
| 2023-12-31 | $651.53K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TechCreate Group 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 decreased by 186.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $-7.88K | -0.90% |
| Other Components | $1.35 Million | 154.51% |
| Total Equity | $874.72K | 100.00% |
TechCreate Group Ltd. Competitors by Market Cap
The table below lists competitors of TechCreate Group Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
mTouche Technology Bhd
KLSE:0092
|
$1.71 Million |
|
ASIA Capital Group Public Company Limited
BK:ACAP
|
$1.71 Million |
|
DICK'S SPORT GOODS
MU:DSG
|
$1.71 Million |
|
DAETWYLER HLDG (31D1.SG)
STU:31D1
|
$1.71 Million |
|
Scandinavian Brake Systems A/S
CO:SBS
|
$1.71 Million |
|
D'IETEREN - Dusseldorf Stock Exchang
DU:DJDA
|
$1.71 Million |
|
Innovation Beverage Group Limited
NASDAQ:IBG
|
$1.71 Million |
|
Mclaren Minerals Ltd
AU:MML
|
$1.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TechCreate Group Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 651,527 to 874,724, a change of 223,197 (34.3%).
- Net loss of 1,012,826 reduced equity.
- New share issuances of 1,241,740 increased equity.
- Other comprehensive income decreased equity by 5,717.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.01 Million | -115.79% |
| Share Issuances | $1.24 Million | +141.96% |
| Other Comprehensive Income | $-5.72K | -0.65% |
| Total Change | $- | 34.26% |
Book Value vs Market Value Analysis
This analysis compares TechCreate Group 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: 3961.75x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4636.44x to 3961.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $0.04 | $172.84 | x |
| 2024-12-31 | $0.04 | $172.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TechCreate Group 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): -115.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.63%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 3.23x
- Recent ROE (-115.79%) is below the historical average (-72.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -29.90% | -6.76% | 1.20x | 3.68x | $-259.95K |
| 2024 | -115.79% | -32.63% | 1.10x | 3.23x | $-1.10 Million |
Industry Comparison
This section compares TechCreate Group Ltd.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TechCreate Group Ltd. (TCGL) | $537.77K | -29.90% | 2.06x | $1.71 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |