TAL Education Group (TAL) - Net Assets
Based on the latest financial reports, TAL Education Group (TAL) has net assets worth $3.44 Billion USD as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.45 Billion) and total liabilities ($2.02 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 (TAL) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.44 Billion |
| % of Total Assets | 63.01% |
| Annual Growth Rate | 55.11% |
| 5-Year Change | -27.63% |
| 10-Year Change | 754.57% |
| Growth Volatility | 200.9 |
TAL Education Group - Net Assets Trend (2009–2025)
This chart illustrates how TAL Education Group's net assets have evolved over time, based on quarterly financial data. Also explore how large is TAL Education Group's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for TAL Education Group (2009–2025)
The table below shows the annual net assets of TAL Education Group from 2009 to 2025. For live valuation and market cap data, see TAL Education Group (TAL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 2916352.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $203.00K | 0.01% |
| Other Comprehensive Income | $95.62 Million | 2.54% |
| Other Components | $4.29 Billion | 114.02% |
| 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 |
|---|---|
|
Randstad NV
AS:RAND
|
$5.15 Billion |
|
Ganfeng Lithium Co. Ltd
F:39EA
|
$5.15 Billion |
|
Matson Inc
NYSE:MATX
|
$5.16 Billion |
|
GS Holdings
KO:078930
|
$5.16 Billion |
|
Perseus Mining Ltd
AU:PRU
|
$5.14 Billion |
|
Gan & Lee Pharmaceuticals Co Ltd
SHG:603087
|
$5.14 Billion |
|
CCC Intelligent Solutions Holdings Inc. Common Stock
NASDAQ:CCCS
|
$5.14 Billion |
|
MGM China Holdings Limited
F:M04
|
$5.14 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 2024 to 2025, total equity changed from 3,662,098,000 to 3,766,567,000, a change of 104,469,000 (2.9%).
- Net income of 84,591,000 contributed positively to equity growth.
- Share repurchases of 13,147,000 reduced equity.
- Other comprehensive income decreased equity by 3,587,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $84.59 Million | +2.25% |
| Share Repurchases | $13.15 Million | -0.35% |
| Other Comprehensive Income | $-3.59 Million | -0.1% |
| Other Changes | $36.61 Million | +0.97% |
| Total Change | $- | 2.85% |
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: 1.81x
- 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 1256.33x to 1.81x 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 | $11.17 | x |
| 2010-02-28 | $0.05 | $11.17 | x |
| 2011-02-28 | $0.39 | $11.17 | x |
| 2012-02-29 | $0.41 | $11.17 | x |
| 2013-02-28 | $0.41 | $11.17 | x |
| 2014-02-28 | $0.55 | $11.17 | x |
| 2015-02-28 | $0.64 | $11.17 | x |
| 2016-02-29 | $0.80 | $11.17 | x |
| 2017-02-28 | $1.14 | $11.17 | x |
| 2018-02-28 | $2.78 | $11.17 | x |
| 2019-02-28 | $4.18 | $11.17 | x |
| 2020-02-29 | $4.27 | $11.17 | x |
| 2021-02-28 | $8.60 | $11.17 | x |
| 2022-02-28 | $6.32 | $11.17 | x |
| 2023-02-28 | $6.09 | $11.17 | x |
| 2024-02-29 | $6.06 | $11.17 | x |
| 2025-02-28 | $6.18 | $11.17 | 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): 2.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.76%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.46x
- Recent ROE (2.25%) is below the historical average (24.64%), 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 | 216.99% | 19.43% | 0.97x | 11.49x | $6.95 Million |
| 2010 | 79.47% | 20.47% | 1.06x | 3.65x | $12.45 Million |
| 2011 | 15.51% | 21.74% | 0.51x | 1.40x | $8.54 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 | 21.44% | 15.47% | 0.56x | 2.47x | $35.83 Million |
| 2016 | 23.54% | 16.59% | 0.58x | 2.43x | $59.18 Million |
| 2017 | 17.87% | 11.00% | 0.57x | 2.84x | $50.57 Million |
| 2018 | 12.24% | 11.57% | 0.56x | 1.88x | $36.37 Million |
| 2019 | 14.79% | 14.33% | 0.69x | 1.50x | $118.86 Million |
| 2020 | -4.77% | -3.67% | 0.59x | 2.21x | $-371.55 Million |
| 2021 | -2.23% | -2.58% | 0.37x | 2.33x | $-636.17 Million |
| 2022 | -28.19% | -25.87% | 0.86x | 1.26x | $-1.54 Billion |
| 2023 | -3.53% | -13.30% | 0.22x | 1.23x | $-520.08 Million |
| 2024 | -0.10% | -0.24% | 0.30x | 1.35x | $-369.78 Million |
| 2025 | 2.25% | 3.76% | 0.41x | 1.46x | $-292.07 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: $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 |
|---|---|---|---|---|
| TAL Education Group (TAL) | $3.44 Billion | 216.99% | 0.59x | $5.15 Billion |
| 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 TAL Education Group
TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It provides learning services primarily through small classes services; personalized premium services and online course offerings; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices. The company also operates www.xueersi.com, an online educ… Read more