TCL Electronics Holdings Limited
TCL Electronics Holdings Limited, an investment holding company, operates as a consumer electronics company in Mainland China, Europe, North America, and internationally. It operates through six segments: TV; Internet Business; Smart Mobile, Connective Devices and Services; All-Category Marketing; Photovoltaic Business; and Smart Commercial Display, Smart Home and Other Businesses. The company ma… Read more
TCL Electronics Holdings Limited (TCLHF) - Net Assets
Latest net assets as of June 2025: $17.73 Billion USD
Based on the latest financial reports, TCL Electronics Holdings Limited (TCLHF) has net assets worth $17.73 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 ($82.68 Billion) and total liabilities ($64.95 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 | $17.73 Billion |
| % of Total Assets | 21.44% |
| Annual Growth Rate | 8.34% |
| 5-Year Change | 5.63% |
| 10-Year Change | 300.94% |
| Growth Volatility | 22.97 |
TCL Electronics Holdings Limited - Net Assets Trend (2000–2024)
This chart illustrates how TCL Electronics 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 TCL Electronics Holdings Limited (2000–2024)
The table below shows the annual net assets of TCL Electronics Holdings Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.68 Billion | +2.14% |
| 2023-12-31 | $17.31 Billion | +2.54% |
| 2022-12-31 | $16.88 Billion | -8.14% |
| 2021-12-31 | $18.37 Billion | +9.79% |
| 2020-12-31 | $16.73 Billion | +40.20% |
| 2019-12-31 | $11.94 Billion | +22.06% |
| 2018-12-31 | $9.78 Billion | +27.06% |
| 2017-12-31 | $7.70 Billion | +17.39% |
| 2016-12-31 | $6.56 Billion | +48.71% |
| 2015-12-31 | $4.41 Billion | -4.29% |
| 2014-12-31 | $4.61 Billion | +2.76% |
| 2013-12-31 | $4.48 Billion | -10.21% |
| 2012-12-31 | $4.99 Billion | +36.66% |
| 2011-12-31 | $3.65 Billion | +12.40% |
| 2010-12-31 | $3.25 Billion | -12.47% |
| 2009-12-31 | $3.71 Billion | +8.77% |
| 2008-12-31 | $3.41 Billion | +50.78% |
| 2007-12-31 | $2.26 Billion | +33.94% |
| 2006-12-31 | $1.69 Billion | -58.77% |
| 2005-12-31 | $4.10 Billion | -5.83% |
| 2004-12-31 | $4.35 Billion | +3.14% |
| 2003-12-31 | $4.22 Billion | +16.64% |
| 2002-12-31 | $3.62 Billion | +21.81% |
| 2001-12-31 | $2.97 Billion | +14.97% |
| 2000-12-31 | $2.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TCL Electronics 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 grown by 12374.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.96 Billion | 63.73% |
| Common Stock | $2.52 Billion | 14.65% |
| Other Comprehensive Income | $-1.30 Billion | -7.55% |
| Other Components | $5.02 Billion | 29.17% |
| Total Equity | $17.20 Billion | 100.00% |
TCL Electronics Holdings Limited Competitors by Market Cap
The table below lists competitors of TCL Electronics Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Jinggong Science Technology
SHE:002006
|
$1.00 Billion |
|
Acbel Polytech Inc
TW:6282
|
$1.00 Billion |
|
Foryou Corp
SHE:002906
|
$1.00 Billion |
|
Stepan Company
NYSE:SCL
|
$1.01 Billion |
|
Tongding Interconnection Information
SHE:002491
|
$1.00 Billion |
|
Hapag Lloyd AG
XETRA:HLAG
|
$1.00 Billion |
|
AviChina Industry & Technology Co Ltd
PINK:AVIJF
|
$1.00 Billion |
|
Nippon Shokubai Co. Ltd
PINK:NSHKF
|
$1.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TCL Electronics Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,707,654,000 to 17,204,368,000, a change of 496,714,000 (3.0%).
- Net income of 1,759,366,000 contributed positively to equity growth.
- Dividend payments of 528,221,000 reduced retained earnings.
- Other comprehensive income decreased equity by 942,250,000.
- Other factors increased equity by 391,460,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.76 Billion | +10.23% |
| Dividends Paid | $528.22 Million | -3.07% |
| Other Comprehensive Income | $-942.25 Million | -5.48% |
| Other Changes | $391.46 Million | +2.28% |
| Total Change | $- | 2.97% |
Book Value vs Market Value Analysis
This analysis compares TCL Electronics 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
- Current price-to-book ratio: 0.15x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $8.67 | $0.99 | x |
| 2001-12-31 | $9.50 | $0.99 | x |
| 2002-12-31 | $11.07 | $0.99 | x |
| 2003-12-31 | $11.94 | $0.99 | x |
| 2004-12-31 | $7.12 | $0.99 | x |
| 2005-12-31 | $8.07 | $0.99 | x |
| 2006-12-31 | $3.50 | $0.99 | x |
| 2007-12-31 | $3.01 | $0.99 | x |
| 2008-12-31 | $3.92 | $0.99 | x |
| 2009-12-31 | $3.48 | $0.99 | x |
| 2010-12-31 | $2.87 | $0.99 | x |
| 2011-12-31 | $3.18 | $0.99 | x |
| 2012-12-31 | $3.52 | $0.99 | x |
| 2013-12-31 | $3.19 | $0.99 | x |
| 2014-12-31 | $3.30 | $0.99 | x |
| 2015-12-31 | $3.09 | $0.99 | x |
| 2016-12-31 | $3.88 | $0.99 | x |
| 2017-12-31 | $4.36 | $0.99 | x |
| 2018-12-31 | $4.31 | $0.99 | x |
| 2019-12-31 | $4.99 | $0.99 | x |
| 2020-12-31 | $6.84 | $0.99 | x |
| 2021-12-31 | $7.20 | $0.99 | x |
| 2022-12-31 | $6.58 | $0.99 | x |
| 2023-12-31 | $6.74 | $0.99 | x |
| 2024-12-31 | $6.82 | $0.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TCL Electronics 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): 10.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.77%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 4.44x
- Recent ROE (10.23%) is above the historical average (-0.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 16.67% | 4.99% | 1.58x | 2.11x | $171.10 Million |
| 2001 | 9.95% | 3.04% | 1.66x | 1.97x | $-1.56 Million |
| 2002 | 16.12% | 4.71% | 1.57x | 2.19x | $217.85 Million |
| 2003 | 15.58% | 4.24% | 1.75x | 2.10x | $229.82 Million |
| 2004 | 10.54% | 1.21% | 1.51x | 5.77x | $15.90 Million |
| 2005 | -15.01% | -1.73% | 1.90x | 4.55x | $-997.94 Million |
| 2006 | -155.97% | -8.56% | 2.35x | 7.74x | $-2.66 Billion |
| 2007 | -12.14% | -1.23% | 1.98x | 4.99x | $-477.92 Million |
| 2008 | -8.16% | -1.04% | 2.04x | 3.84x | $-597.09 Million |
| 2009 | 10.95% | 1.31% | 2.03x | 4.12x | $34.46 Million |
| 2010 | -31.27% | -3.65% | 1.46x | 5.88x | $-1.30 Billion |
| 2011 | 12.81% | 1.37% | 1.36x | 6.83x | $99.23 Million |
| 2012 | 19.12% | 2.30% | 1.42x | 5.88x | $434.39 Million |
| 2013 | -1.10% | -0.12% | 1.78x | 5.08x | $-483.90 Million |
| 2014 | 5.25% | 0.70% | 1.56x | 4.81x | $-212.41 Million |
| 2015 | 0.60% | 0.08% | 1.87x | 4.23x | $-403.85 Million |
| 2016 | 2.83% | 0.55% | 1.64x | 3.15x | $-462.48 Million |
| 2017 | 10.68% | 2.00% | 1.57x | 3.42x | $51.77 Million |
| 2018 | 10.64% | 2.28% | 1.62x | 2.88x | $62.89 Million |
| 2019 | 19.72% | 4.86% | 1.41x | 2.88x | $1.13 Billion |
| 2020 | 22.27% | 7.06% | 0.97x | 3.24x | $1.98 Billion |
| 2021 | 6.59% | 1.58% | 1.26x | 3.32x | $-611.79 Million |
| 2022 | 2.72% | 0.63% | 1.29x | 3.35x | $-1.20 Billion |
| 2023 | 4.45% | 0.94% | 1.22x | 3.88x | $-927.13 Million |
| 2024 | 10.23% | 1.77% | 1.30x | 4.44x | $38.93 Million |
Industry Comparison
This section compares TCL Electronics Holdings Limited's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $9,241,081,002
- Average return on equity (ROE) among peers: -54.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TCL Electronics Holdings Limited (TCLHF) | $17.73 Billion | 16.67% | 3.66x | $1.00 Billion |
| Apple Inc (AAPL) | $90.49 Billion | 61.06% | 2.74x | $3.73 Trillion |
| Audio Pixels Holdings Limited (ADPXF) | $-11.10 Million | 0.00% | 0.00x | $67.94 Million |
| Atomos Limited (AMOSF) | $54.24 Million | -19.11% | 1.00x | $66.13K |
| Andrea Electronic Cp (ANDR) | $2.00 Million | -35.00% | 0.25x | $6.30K |
| AXIL Brands, Inc. (AXIL) | $504.60K | -34.24% | 1.26x | $17.49 Million |
| Bang & Olufsen a/s (BGOUF) | $1.74 Billion | 16.88% | 0.67x | $201.04 Million |
| Boxlight Corp Class A (BOXL) | $-699.89K | 0.00% | 0.00x | $803.14K |
| Basler Aktiengesellschaft (BSLAF) | $129.36 Million | 16.24% | 0.75x | $138.75 Million |
| Beamz Interactive (BZIC) | $508.51K | -537.01% | 0.55x | $1.00 |
| Capstone Companies Inc (CAPC) | $5.90 Million | -17.14% | 0.10x | $659.69K |