Tenet Fintech Group Inc
Tenet Fintech Group Inc., through its subsidiaries, provides various analytics and AI-based products and services in North America and China. It operates in two segments, Fintech Platform and Financial Services. The company offers Cubeler Business Hub, a global ecosystem, where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. It procures and dis… Read more
Tenet Fintech Group Inc (PKKFF) - Net Assets
Latest net assets as of September 2025: $331.13K USD
Based on the latest financial reports, Tenet Fintech Group Inc (PKKFF) has net assets worth $331.13K USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.60 Million) and total liabilities ($29.27 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 | $331.13K |
| % of Total Assets | 1.12% |
| Annual Growth Rate | 11.95% |
| 5-Year Change | -88.61% |
| 10-Year Change | N/A |
| Growth Volatility | 163.58 |
Tenet Fintech Group Inc - Net Assets Trend (2008–2024)
This chart illustrates how Tenet Fintech Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tenet Fintech Group Inc (2008–2024)
The table below shows the annual net assets of Tenet Fintech Group Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.72 Million | -92.24% |
| 2023-12-31 | $47.88 Million | -59.29% |
| 2022-12-31 | $117.61 Million | -28.98% |
| 2021-12-31 | $165.59 Million | +407.72% |
| 2020-12-31 | $32.61 Million | +62.10% |
| 2019-12-31 | $20.12 Million | +3.25% |
| 2018-12-31 | $19.49 Million | +74.19% |
| 2017-12-31 | $11.19 Million | +376.04% |
| 2016-12-31 | $2.35 Million | +414.23% |
| 2015-12-31 | $-747.88K | -46.41% |
| 2014-12-31 | $-510.82K | +21.65% |
| 2013-12-31 | $-651.98K | -71.05% |
| 2012-12-31 | $-381.17K | -142.42% |
| 2011-12-31 | $898.58K | +86.65% |
| 2010-12-31 | $481.42K | -9.38% |
| 2009-12-31 | $531.26K | -12.96% |
| 2008-12-31 | $610.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tenet Fintech Group Inc'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 26822739200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $228.00 Million | % |
| Other Comprehensive Income | $252.93K | % |
| Other Components | $30.63 Million | % |
| Total Equity | $-9.43 Million | 100.00% |
Tenet Fintech Group Inc Competitors by Market Cap
The table below lists competitors of Tenet Fintech Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maggie Beer Holdings Ltd
AU:MBH
|
$6.05 Million |
|
QUAN.BL.TECH.PLC LS-0025
F:BYA1
|
$6.05 Million |
|
Income Asset Management Group Ltd
AU:IAM
|
$6.05 Million |
|
Takuni Group Public Company Limited
BK:TAKUNI
|
$6.05 Million |
|
ZAUIF
PINK:ZAUIF
|
$6.04 Million |
|
Ashley Services Group Ltd
AU:ASH
|
$6.04 Million |
|
FMS Enterprises Migun Ltd
TA:FBRT
|
$6.04 Million |
|
The Peria Karamalai Tea & Produce Company Limited
NSE:PKTEA
|
$6.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tenet Fintech Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,225,593 to -9,428,075, a change of -43,653,668 (-127.5%).
- Net loss of 57,954,128 reduced equity.
- Other comprehensive income increased equity by 26,374.
- Other factors increased equity by 14,274,086.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-57.95 Million | -614.7% |
| Other Comprehensive Income | $26.37K | +0.28% |
| Other Changes | $14.27 Million | +151.4% |
| Total Change | $- | -127.55% |
Book Value vs Market Value Analysis
This analysis compares Tenet Fintech Group Inc'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 |
|---|---|---|---|
| 2008-12-31 | $1.56 | $0.02 | x |
| 2009-12-31 | $1.06 | $0.02 | x |
| 2010-12-31 | $0.97 | $0.02 | x |
| 2011-12-31 | $0.34 | $0.02 | x |
| 2012-12-31 | $-0.10 | $0.02 | x |
| 2013-12-31 | $-0.15 | $0.02 | x |
| 2014-12-31 | $-0.10 | $0.02 | x |
| 2015-12-31 | $-0.10 | $0.02 | x |
| 2016-12-31 | $0.15 | $0.02 | x |
| 2017-12-31 | $0.49 | $0.02 | x |
| 2018-12-31 | $0.29 | $0.02 | x |
| 2019-12-31 | $0.28 | $0.02 | x |
| 2020-12-31 | $0.49 | $0.02 | x |
| 2021-12-31 | $2.00 | $0.02 | x |
| 2022-12-31 | $1.03 | $0.02 | x |
| 2023-12-31 | $0.31 | $0.02 | x |
| 2024-12-31 | $-0.06 | $0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tenet Fintech Group Inc 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: -2037.93%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-48.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -14.16% | -2378.70% | 0.01x | 1.02x | $-147.46K |
| 2009 | -3.45% | -711.82% | 0.00x | 1.01x | $-71.44K |
| 2010 | -10.35% | 0.00% | 0.00x | 1.04x | $-97.98K |
| 2011 | -260.62% | -93676.16% | 0.00x | 1.31x | $-2.43 Million |
| 2012 | 0.00% | -896.43% | 0.53x | 0.00x | $-2.43 Million |
| 2013 | 0.00% | -191.14% | 1.84x | 0.00x | $-765.60K |
| 2014 | 0.00% | -2424.06% | 0.03x | 0.00x | $-1.20 Million |
| 2015 | 0.00% | -5023.07% | 0.05x | 0.00x | $-1.75 Million |
| 2016 | -112.73% | -4.56% | 12.46x | 1.98x | $-2.88 Million |
| 2017 | -30.90% | -46.23% | 0.47x | 1.41x | $-4.57 Million |
| 2018 | -40.57% | -229.12% | 0.07x | 2.60x | $-4.80 Million |
| 2019 | -18.91% | -15.63% | 0.40x | 3.03x | $-2.80 Million |
| 2020 | -31.74% | -15.50% | 0.70x | 2.94x | $-8.70 Million |
| 2021 | -32.89% | -48.01% | 0.53x | 1.29x | $-64.88 Million |
| 2022 | -51.80% | -48.25% | 0.78x | 1.38x | $-63.25 Million |
| 2023 | -224.49% | -182.56% | 0.51x | 2.39x | $-80.25 Million |
| 2024 | 0.00% | -2037.93% | 0.07x | 0.00x | $-57.01 Million |
Industry Comparison
This section compares Tenet Fintech Group Inc'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 |
|---|---|---|---|---|
| Tenet Fintech Group Inc (PKKFF) | $331.13K | -14.16% | 88.38x | $6.05 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 |