Teck Resources Ltd Class B
Teck Resources Limited engages in research, exploration, development, processing, smelting, refining, and reclamation of mineral properties in Asia, the Americas, and Europe. The company operates through Copper and Zinc segments. It offers copper, zinc, and lead concentrates, as well as refined zinc, lead, and silver. The company also produces lead, precious metals, molybdenum, fertilizers, and o… Read more
Teck Resources Ltd Class B (TECK) - Net Assets
Latest net assets as of September 2025: $25.86 Billion USD
Based on the latest financial reports, Teck Resources Ltd Class B (TECK) has net assets worth $25.86 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.55 Billion) and total liabilities ($18.68 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $25.86 Billion |
| % of Total Assets | 58.06% |
| Annual Growth Rate | 11.32% |
| 5-Year Change | 30.85% |
| 10-Year Change | 62.87% |
| Growth Volatility | 17.82 |
Teck Resources Ltd Class B - Net Assets Trend (1993–2024)
This chart illustrates how Teck Resources Ltd Class B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Teck Resources Ltd Class B (1993–2024)
The table below shows the annual net assets of Teck Resources Ltd Class B from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $27.10 Billion | -4.23% |
| 2023-12-31 | $28.29 Billion | +6.72% |
| 2022-12-31 | $26.51 Billion | +11.52% |
| 2021-12-31 | $23.77 Billion | +14.80% |
| 2020-12-31 | $20.71 Billion | -6.19% |
| 2019-12-31 | $22.07 Billion | -4.10% |
| 2018-12-31 | $23.02 Billion | +15.13% |
| 2017-12-31 | $19.99 Billion | +13.59% |
| 2016-12-31 | $17.60 Billion | +5.79% |
| 2015-12-31 | $16.64 Billion | -11.67% |
| 2014-12-31 | $18.84 Billion | +0.13% |
| 2013-12-31 | $18.81 Billion | +2.99% |
| 2012-12-31 | $18.26 Billion | +2.07% |
| 2011-12-31 | $17.89 Billion | +10.61% |
| 2010-12-31 | $16.18 Billion | +10.94% |
| 2009-12-31 | $14.58 Billion | +32.50% |
| 2008-12-31 | $11.00 Billion | +40.88% |
| 2007-12-31 | $7.81 Billion | +19.26% |
| 2006-12-31 | $6.55 Billion | +49.43% |
| 2005-12-31 | $4.38 Billion | +36.08% |
| 2004-12-31 | $3.22 Billion | +27.36% |
| 2003-12-31 | $2.53 Billion | -0.82% |
| 2002-12-31 | $2.55 Billion | -1.58% |
| 2001-12-31 | $2.59 Billion | -4.11% |
| 2000-12-31 | $2.70 Billion | +63.41% |
| 1999-12-31 | $1.65 Billion | +26.79% |
| 1998-12-31 | $1.30 Billion | -2.96% |
| 1997-12-31 | $1.34 Billion | -12.14% |
| 1996-12-31 | $1.53 Billion | +20.99% |
| 1995-12-31 | $1.26 Billion | +22.43% |
| 1994-12-31 | $1.03 Billion | +5.78% |
| 1993-12-31 | $976.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Teck Resources Ltd Class B'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 grown by 4167.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $17.06 Billion | 65.43% |
| Common Stock | $6.44 Billion | 24.70% |
| Other Comprehensive Income | $2.40 Billion | 9.19% |
| Other Components | $178.00 Million | 0.68% |
| Total Equity | $26.08 Billion | 100.00% |
Teck Resources Ltd Class B Competitors by Market Cap
The table below lists competitors of Teck Resources Ltd Class B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
0REL
LSE:0REL
|
$22.29 Billion |
|
Volkswagen AG VZO O.N.
PINK:VLKPF
|
$22.29 Billion |
|
SAMPO OYJ (SDR)/1
F:SMP
|
$22.32 Billion |
|
Marubeni Corporation
PINK:MARUF
|
$22.32 Billion |
|
ORIX Corporation
PINK:ORXCF
|
$22.13 Billion |
|
Panasonic Holdings Corporation
PINK:PCRFF
|
$22.13 Billion |
|
SoFi Technologies Inc.
NASDAQ:SOFI
|
$22.12 Billion |
|
Synchrony Financial
NYSE:SYF
|
$22.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Teck Resources Ltd Class B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,988,000,000 to 26,077,000,000, a change of -911,000,000 (-3.4%).
- Net income of 406,000,000 contributed positively to equity growth.
- Dividend payments of 514,000,000 reduced retained earnings.
- Share repurchases of 1,240,000,000 reduced equity.
- New share issuances of 172,000,000 increased equity.
- Other comprehensive income increased equity by 1,704,000,000.
- Other factors decreased equity by 1,439,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $406.00 Million | +1.56% |
| Dividends Paid | $514.00 Million | -1.97% |
| Share Repurchases | $1.24 Billion | -4.76% |
| Share Issuances | $172.00 Million | +0.66% |
| Other Comprehensive Income | $1.70 Billion | +6.53% |
| Other Changes | $-1.44 Billion | -5.52% |
| Total Change | $- | -3.38% |
Book Value vs Market Value Analysis
This analysis compares Teck Resources Ltd Class B'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: 1.00x
- 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 8.56x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $5.85 | $50.10 | x |
| 1994-12-31 | $5.75 | $50.10 | x |
| 1995-12-31 | $6.84 | $50.10 | x |
| 1996-12-31 | $7.56 | $50.10 | x |
| 1997-12-31 | $6.93 | $50.10 | x |
| 1998-12-31 | $7.08 | $50.10 | x |
| 1999-12-31 | $7.53 | $50.10 | x |
| 2000-12-31 | $7.08 | $50.10 | x |
| 2001-12-31 | $10.99 | $50.10 | x |
| 2002-12-31 | $6.83 | $50.10 | x |
| 2003-12-31 | $6.16 | $50.10 | x |
| 2004-12-31 | $7.80 | $50.10 | x |
| 2005-12-31 | $10.45 | $50.10 | x |
| 2006-12-31 | $15.09 | $50.10 | x |
| 2007-12-31 | $17.78 | $50.10 | x |
| 2008-12-31 | $24.05 | $50.10 | x |
| 2009-12-31 | $27.06 | $50.10 | x |
| 2010-12-31 | $26.69 | $50.10 | x |
| 2011-12-31 | $29.88 | $50.10 | x |
| 2012-12-31 | $30.33 | $50.10 | x |
| 2013-12-31 | $32.16 | $50.10 | x |
| 2014-12-31 | $32.24 | $50.10 | x |
| 2015-12-31 | $28.47 | $50.10 | x |
| 2016-12-31 | $30.23 | $50.10 | x |
| 2017-12-31 | $33.05 | $50.10 | x |
| 2018-12-31 | $39.31 | $50.10 | x |
| 2019-12-31 | $38.06 | $50.10 | x |
| 2020-12-31 | $37.50 | $50.10 | x |
| 2021-12-31 | $42.58 | $50.10 | x |
| 2022-12-31 | $47.54 | $50.10 | x |
| 2023-12-31 | $51.38 | $50.10 | x |
| 2024-12-31 | $50.15 | $50.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Teck Resources Ltd Class B 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): 1.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.48%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.80x
- Recent ROE (1.56%) is below the historical average (7.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 2.99% | 6.23% | 0.32x | 1.50x | $-68.42 Million |
| 1994 | 6.69% | 12.74% | 0.30x | 1.74x | $-34.16 Million |
| 1995 | 7.09% | 12.82% | 0.35x | 1.57x | $-36.82 Million |
| 1996 | 16.66% | 36.28% | 0.27x | 1.69x | $101.84 Million |
| 1997 | -13.07% | -25.52% | 0.29x | 1.76x | $-309.99 Million |
| 1998 | -3.84% | -7.04% | 0.30x | 1.84x | $-176.49 Million |
| 1999 | 2.79% | 7.23% | 0.23x | 1.65x | $-116.31 Million |
| 2000 | 5.01% | 7.05% | 0.24x | 3.01x | $-84.50 Million |
| 2001 | -0.82% | -0.88% | 0.46x | 2.01x | $-277.00 Million |
| 2002 | 0.52% | 0.64% | 0.41x | 1.97x | $-239.00 Million |
| 2003 | 5.52% | 6.01% | 0.42x | 2.17x | $-108.70 Million |
| 2004 | 19.16% | 18.00% | 0.57x | 1.88x | $294.90 Million |
| 2005 | 30.69% | 30.46% | 0.50x | 2.01x | $906.70 Million |
| 2006 | 37.12% | 37.18% | 0.57x | 1.75x | $1.78 Billion |
| 2007 | 20.92% | 25.35% | 0.47x | 1.76x | $842.98 Million |
| 2008 | 6.05% | 9.90% | 0.21x | 2.89x | $-431.00 Million |
| 2009 | 12.64% | 23.86% | 0.26x | 2.06x | $382.30 Million |
| 2010 | 11.54% | 19.73% | 0.32x | 1.85x | $242.70 Million |
| 2011 | 15.06% | 23.17% | 0.34x | 1.93x | $896.70 Million |
| 2012 | 6.00% | 10.33% | 0.30x | 1.97x | $-712.10 Million |
| 2013 | 5.17% | 10.24% | 0.26x | 1.95x | $-898.70 Million |
| 2014 | 1.95% | 4.21% | 0.23x | 1.98x | $-1.50 Billion |
| 2015 | -15.08% | -29.96% | 0.24x | 2.11x | $-4.11 Billion |
| 2016 | 5.96% | 11.18% | 0.26x | 2.04x | $-704.20 Million |
| 2017 | 12.69% | 20.65% | 0.32x | 1.91x | $521.70 Million |
| 2018 | 13.58% | 24.73% | 0.32x | 1.73x | $818.60 Million |
| 2019 | -2.84% | -5.07% | 0.30x | 1.85x | $-2.74 Billion |
| 2020 | -4.31% | -9.66% | 0.22x | 2.06x | $-2.87 Billion |
| 2021 | 12.47% | 22.47% | 0.27x | 2.06x | $567.50 Million |
| 2022 | 13.02% | 19.16% | 0.33x | 2.06x | $769.70 Million |
| 2023 | 8.93% | 37.20% | 0.12x | 2.08x | $-289.80 Million |
| 2024 | 1.56% | 4.48% | 0.19x | 1.80x | $-2.20 Billion |
Industry Comparison
This section compares Teck Resources Ltd Class B's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,891,869
- Average return on equity (ROE) among peers: -95.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Teck Resources Ltd Class B (TECK) | $25.86 Billion | 2.99% | 0.72x | $22.15 Billion |
| Asia Broadband Inc (AABB) | $204.90K | -396.88% | 2.89x | $231.65 |
| Altair Resources Inc (AAEEF) | $-288.26K | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $-71.30K | 0.00% | 0.00x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $31.17 Million | -4.21% | 0.19x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $3.76 Million | -50.20% | 0.18x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-742.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $5.68 Million | -407.57% | 1.10x | $14.34 Million |