Times China Holdings Limited
Times China Holdings Limited, an investment holding company, operates as a property developer in the People's Republic of China. It operates through Property Development, Urban Redevelopment Business, and Property Leasing segments. The Property Development segment develops and sells residential and commercial properties. Its Urban Redevelopment Business segment is involved in the sale of land hel… Read more
Times China Holdings Limited (TMPPF) - Net Assets
Latest net assets as of June 2025: $-11.64 Billion USD
Based on the latest financial reports, Times China Holdings Limited (TMPPF) has net assets worth $-11.64 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 ($81.59 Billion) and total liabilities ($93.24 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 | $-11.64 Billion |
| % of Total Assets | -14.27% |
| Annual Growth Rate | N/A |
| 5-Year Change | -121.93% |
| 10-Year Change | -184.98% |
| Growth Volatility | 69.02 |
Times China Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Times China Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Times China Holdings Limited (2013–2024)
The table below shows the annual net assets of Times China Holdings Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-7.87 Billion | -173.82% |
| 2023-12-31 | $10.66 Billion | -46.46% |
| 2022-12-31 | $19.91 Billion | -53.33% |
| 2021-12-31 | $42.65 Billion | +18.87% |
| 2020-12-31 | $35.88 Billion | +0.50% |
| 2019-12-31 | $35.70 Billion | +10.55% |
| 2018-12-31 | $32.30 Billion | +15.57% |
| 2017-12-31 | $27.95 Billion | +72.60% |
| 2016-12-31 | $16.19 Billion | +74.89% |
| 2015-12-31 | $9.26 Billion | +61.94% |
| 2014-12-31 | $5.72 Billion | +42.63% |
| 2013-12-31 | $4.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Times China Holdings Limited'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 856.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.88 Billion | % |
| Total Equity | $-16.42 Billion | 100.00% |
Times China Holdings Limited Competitors by Market Cap
The table below lists competitors of Times China Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VITA 34 AG
PINK:VTIAF
|
$38.21 Million |
|
MAX Automation SE
XETRA:MXHN
|
$38.22 Million |
|
Abocom Systems Inc
TW:2444
|
$38.22 Million |
|
U-BX Technology Ltd. Ordinary Shares
NASDAQ:UBXG
|
$38.23 Million |
|
Optical Cable Corporation
NASDAQ:OCC
|
$38.19 Million |
|
Cooper Energy Limited
PINK:COPJF
|
$38.19 Million |
|
Water Intelligence plc
PINK:WTLLF
|
$38.18 Million |
|
AC S.A.
WAR:ACG
|
$38.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Times China Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 633,383,000 to -16,419,401,000, a change of -17,052,784,000 (-2692.3%).
- Net loss of 16,610,307,000 reduced equity.
- Other factors decreased equity by 442,477,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-16.61 Billion | -101.16% |
| Other Changes | $-442.48 Million | -2.69% |
| Total Change | $- | -2692.33% |
Book Value vs Market Value Analysis
This analysis compares Times China Holdings Limited'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 |
|---|---|---|---|
| 2018-12-31 | $9.24 | $0.05 | x |
| 2019-12-31 | $9.83 | $0.05 | x |
| 2020-12-31 | $9.67 | $0.05 | x |
| 2021-12-31 | $9.71 | $0.05 | x |
| 2022-12-31 | $2.74 | $0.05 | x |
| 2023-12-31 | $0.30 | $0.05 | x |
| 2024-12-31 | $-7.81 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Times China Holdings Limited 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: -126.69%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-56.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.71% | 10.18% | 0.39x | 6.22x | $587.60 Million |
| 2014 | 23.52% | 12.28% | 0.31x | 6.08x | $735.20 Million |
| 2015 | 20.01% | 10.42% | 0.30x | 6.46x | $710.62 Million |
| 2016 | 21.41% | 12.06% | 0.23x | 7.57x | $1.04 Billion |
| 2017 | 17.13% | 11.54% | 0.23x | 6.51x | $1.11 Billion |
| 2018 | 25.95% | 12.80% | 0.27x | 7.61x | $2.70 Billion |
| 2019 | 27.31% | 12.28% | 0.26x | 8.44x | $3.30 Billion |
| 2020 | 26.31% | 12.81% | 0.20x | 10.20x | $3.06 Billion |
| 2021 | 16.93% | 7.47% | 0.22x | 10.30x | $1.33 Billion |
| 2022 | -172.85% | -40.68% | 0.16x | 26.08x | $-10.51 Billion |
| 2023 | -711.52% | -21.45% | 0.17x | 191.21x | $-4.57 Billion |
| 2024 | 0.00% | -126.69% | 0.15x | 0.00x | $-14.97 Billion |
Industry Comparison
This section compares Times China Holdings Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,708,016,178
- Average return on equity (ROE) among peers: -18.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Times China Holdings Limited (TMPPF) | $-11.64 Billion | 24.71% | N/A | $38.21 Million |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $7.53 Million |
| Autris (AUTR) | $-56.91K | 0.00% | 0.00x | $1.57K |
| AMREP Corporation (AXR) | $127.47 Million | 9.98% | 0.05x | $80.48 Million |
| Ayala Land Inc (AYAAF) | $50.75 Billion | 8.64% | 0.64x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $124.43K | -208.38% | 2.27x | $1.00 |
| Beijing North Star Company Limited (BEIJF) | $8.81 Billion | 5.10% | 1.91x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $25.08 Billion | 15.75% | 1.41x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $354.40 Million | 7.00% | 0.52x | $141.49 Million |
| Century Communities Inc (CCS) | $1.06 Billion | 10.64% | 1.35x | $1.45 Billion |