TAL Education Group (TAL) - Net Assets
Based on the latest financial reports, TAL Education Group (TAL) has net assets worth $4.08 Billion USD as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.77 Billion) and total liabilities ($2.69 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 TAL Education Group PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.08 Billion |
| % of Total Assets | 60.27% |
| Annual Growth Rate | 51.17% |
| 5-Year Change | -5.71% |
| 10-Year Change | 455.96% |
| Growth Volatility | 196.39 |
TAL Education Group - Net Assets Trend (2009–2026)
This chart illustrates how TAL Education Group's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of TAL Education Group.
Annual Net Assets for TAL Education Group (2009–2026)
The table below shows the annual net assets of TAL Education Group from 2009 to 2026. Also explore how fast is TAL Education Group growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | $3.77 Billion | +0.19% |
| 2025-02-28 | $3.77 Billion | +3.51% |
| 2024-02-29 | $3.64 Billion | -4.77% |
| 2023-02-28 | $3.82 Billion | -4.53% |
| 2022-02-28 | $4.00 Billion | -23.10% |
| 2021-02-28 | $5.20 Billion | +104.57% |
| 2020-02-29 | $2.54 Billion | +0.54% |
| 2019-02-28 | $2.53 Billion | +54.25% |
| 2018-02-28 | $1.64 Billion | +141.68% |
| 2017-02-28 | $678.76 Million | +54.01% |
| 2016-02-29 | $440.74 Million | +40.55% |
| 2015-02-28 | $313.57 Million | +20.61% |
| 2014-02-28 | $260.00 Million | +35.81% |
| 2013-02-28 | $191.45 Million | +0.70% |
| 2012-02-29 | $190.12 Million | +22.62% |
| 2011-02-28 | $155.05 Million | +764.95% |
| 2010-02-28 | $17.93 Million | +434.25% |
| 2009-02-28 | $3.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TAL Education Group'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 609576.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $205.00K | 0.01% |
| Other Comprehensive Income | $210.26 Million | 5.57% |
| Other Components | $3.69 Billion | 97.88% |
| Total Equity | $3.77 Billion | 100.00% |
TAL Education Group Competitors by Market Cap
The table below lists competitors of TAL Education Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SGHC Limited
NYSE:SGHC
|
$4.79 Billion |
|
Suzhou Novosense Microelectronics Co. Ltd.
SHG:688052
|
$4.79 Billion |
|
Middleby Corp
NASDAQ:MIDD
|
$4.79 Billion |
|
Western Superconducting Tech Co Ltd
SHG:688122
|
$4.79 Billion |
|
Guoyuan Securities Co Ltd
SHE:000728
|
$4.78 Billion |
|
Garrett Motion Inc
NASDAQ:GTX
|
$4.78 Billion |
|
CompoSecure, Inc.
NYSE:CMPO
|
$4.78 Billion |
|
Sonoco Products Company
NYSE:SON
|
$4.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TAL Education Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 3,766,398,000 to 3,774,437,000, a change of 8,039,000 (0.2%).
- Net income of 532,731,168 contributed positively to equity growth.
- Share repurchases of 646,488,004 reduced equity.
- Other comprehensive income increased equity by 114,639,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $532.73 Million | +14.11% |
| Share Repurchases | $646.49 Million | -17.13% |
| Other Comprehensive Income | $114.64 Million | +3.04% |
| Other Changes | $7.16 Million | +0.19% |
| Total Change | $- | 0.21% |
Book Value vs Market Value Analysis
This analysis compares TAL Education Group'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: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1321.57x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-02-28 | $0.01 | $11.75 | x |
| 2010-02-28 | $0.05 | $11.75 | x |
| 2011-02-28 | $0.39 | $11.75 | x |
| 2012-02-29 | $0.41 | $11.75 | x |
| 2013-02-28 | $0.41 | $11.75 | x |
| 2014-02-28 | $0.55 | $11.75 | x |
| 2015-02-28 | $0.64 | $11.75 | x |
| 2016-02-29 | $0.80 | $11.75 | x |
| 2017-02-28 | $1.20 | $11.75 | x |
| 2018-02-28 | $2.81 | $11.75 | x |
| 2019-02-28 | $4.26 | $11.75 | x |
| 2020-02-29 | $4.32 | $11.75 | x |
| 2021-02-28 | $8.61 | $11.75 | x |
| 2022-02-28 | $6.27 | $11.75 | x |
| 2023-02-28 | $6.05 | $11.75 | x |
| 2024-02-29 | $6.03 | $11.75 | x |
| 2025-02-28 | $6.18 | $11.75 | x |
| 2026-02-28 | $19.56 | $11.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TAL Education Group 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): 14.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.64%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.57x
- Recent ROE (14.11%) is below the historical average (24.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 217.45% | 19.43% | 0.97x | 11.49x | $6.96 Million |
| 2010 | 79.48% | 20.56% | 1.06x | 3.65x | $12.46 Million |
| 2011 | 15.53% | 21.74% | 0.51x | 1.40x | $8.58 Million |
| 2012 | 12.79% | 13.70% | 0.60x | 1.55x | $5.30 Million |
| 2013 | 17.47% | 14.80% | 0.71x | 1.65x | $14.30 Million |
| 2014 | 23.31% | 19.31% | 0.73x | 1.64x | $34.61 Million |
| 2015 | 21.42% | 15.47% | 0.56x | 2.46x | $35.80 Million |
| 2016 | 23.34% | 16.59% | 0.58x | 2.41x | $58.80 Million |
| 2017 | 17.19% | 11.21% | 0.57x | 2.69x | $48.78 Million |
| 2018 | 12.16% | 11.57% | 0.56x | 1.86x | $35.52 Million |
| 2019 | 14.49% | 14.33% | 0.69x | 1.48x | $113.61 Million |
| 2020 | -4.33% | -3.37% | 0.59x | 2.19x | $-364.59 Million |
| 2021 | -2.24% | -2.58% | 0.37x | 2.33x | $-636.81 Million |
| 2022 | -28.44% | -25.87% | 0.87x | 1.27x | $-1.54 Billion |
| 2023 | -3.54% | -13.30% | 0.22x | 1.24x | $-517.21 Million |
| 2024 | -0.10% | -0.24% | 0.30x | 1.35x | $-367.45 Million |
| 2025 | 2.25% | 3.76% | 0.41x | 1.46x | $-292.05 Million |
| 2026 | 14.11% | 17.64% | 0.51x | 1.57x | $155.29 Million |
Industry Comparison
This section compares TAL Education Group's net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $889,876,895
- Average return on equity (ROE) among peers: -21.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TAL Education Group (TAL) | $4.08 Billion | 217.45% | 0.66x | $4.78 Billion |
| ATA Creativity Global (AACG) | $143.51 Million | -33.37% | 2.31x | $27.37 Million |
| Afya Ltd (AFYA) | $4.89 Billion | 15.09% | 0.91x | $724.44 Million |
| Ambow Education Holding Ltd (AMBO) | $336.85 Million | 2.93% | 4.92x | $6.45 Million |
| American Public Education Inc (APEI) | $294.78 Million | 10.71% | 0.84x | $821.05 Million |
| Adtalem Global Education Inc (ATGE) | $225.14 Million | 21.22% | 0.45x | $3.40 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.81 Billion | -1.88% | 2.08x | $17.48 Million |
| Chegg Inc (CHGG) | $-86.13 Million | 0.00% | 0.00x | $83.12 Million |
| China Liberal Education Holdings (CLEU) | $41.96 Million | -2.98% | 0.04x | $336.66K |
| 51Talk Online Education Group (COE) | $6.58 Million | -195.29% | 3.20x | $113.01 Million |
| Coursera Inc (COUR) | $240.47 Million | -27.79% | 0.74x | $1.51 Billion |
About TAL Education Group
TAL Education Group provides smart learning solutions in the People's Republic of China. It offers learning services through Xueersi Peiyou small classes, personalized premium services, and online course offerings. The company also develops and provides learning content solutions for learners across print, digital and device-based formats, including print books, books integrated with digital lear… Read more