Tongdao Liepin Group
Tongdao Liepin Group, an investment holding company, provides talent acquisition services in the People's Republic of China. The company operates Recruitment, a talent recruitment platform that acts as a communication bridge between enterprises, headhunters, business users, and professional managers. It also operates Many Faces, a recruitment management SaaS platform that offers talent management… Read more
Tongdao Liepin Group (TGDLF) - Net Assets
Latest net assets as of June 2025: $3.13 Billion USD
Based on the latest financial reports, Tongdao Liepin Group (TGDLF) has net assets worth $3.13 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 ($4.35 Billion) and total liabilities ($1.22 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 | $3.13 Billion |
| % of Total Assets | 71.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | 7.86% |
| 10-Year Change | N/A |
| Growth Volatility | 246.32 |
Tongdao Liepin Group - Net Assets Trend (2015–2024)
This chart illustrates how Tongdao Liepin Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tongdao Liepin Group (2015–2024)
The table below shows the annual net assets of Tongdao Liepin Group from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.28 Billion | +3.54% |
| 2023-12-31 | $3.17 Billion | -5.28% |
| 2022-12-31 | $3.35 Billion | +4.72% |
| 2021-12-31 | $3.20 Billion | +5.02% |
| 2020-12-31 | $3.04 Billion | -1.16% |
| 2019-12-31 | $3.08 Billion | +8.87% |
| 2018-12-31 | $2.83 Billion | +627.99% |
| 2017-12-31 | $388.40 Million | +506.06% |
| 2016-12-31 | $64.09 Million | +135.79% |
| 2015-12-31 | $-179.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tongdao Liepin 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 grown by 65636906400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $68.29 Million | 2.23% |
| Common Stock | $334.00K | 0.01% |
| Other Comprehensive Income | $3.06 Billion | 99.99% |
| Total Equity | $3.06 Billion | 100.00% |
Tongdao Liepin Group Competitors by Market Cap
The table below lists competitors of Tongdao Liepin Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
$189.21 Million |
|
ANTELOPUS SELAN ENRGY LTD
NSE:ANTELOPUS
|
$189.22 Million |
|
RKICF
PINK:RKICF
|
$189.25 Million |
|
Shentong Technology Group Co Ltd
SHG:605228
|
$189.27 Million |
|
Baiyang Aquatic Group Inc
SHE:002696
|
$189.20 Million |
|
WEBTOON Entertainment Inc. Common stock
NASDAQ:WBTN
|
$189.11 Million |
|
Ambassador Hotel Ltd
TW:2704
|
$189.03 Million |
|
Zaptec AS
OL:ZAP
|
$189.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tongdao Liepin Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,892,787,000 to 3,064,066,000, a change of 171,279,000 (5.9%).
- Net income of 133,450,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 3,374,099,000.
- Other factors decreased equity by 3,336,270,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $133.45 Million | +4.36% |
| Other Comprehensive Income | $3.37 Billion | +110.12% |
| Other Changes | $-3.34 Billion | -108.88% |
| Total Change | $- | 5.92% |
Book Value vs Market Value Analysis
This analysis compares Tongdao Liepin 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: 0.10x
- 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 |
|---|---|---|---|
| 2015-12-31 | $-0.36 | $0.65 | x |
| 2016-12-31 | $0.13 | $0.65 | x |
| 2017-12-31 | $0.78 | $0.65 | x |
| 2018-12-31 | $5.85 | $0.65 | x |
| 2019-12-31 | $5.70 | $0.65 | x |
| 2020-12-31 | $5.53 | $0.65 | x |
| 2021-12-31 | $5.78 | $0.65 | x |
| 2022-12-31 | $6.10 | $0.65 | x |
| 2023-12-31 | $6.00 | $0.65 | x |
| 2024-12-31 | $6.40 | $0.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tongdao Liepin 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): 4.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.41%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.50x
- Recent ROE (4.36%) is above the historical average (-19.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -66.76% | 1.08x | 0.00x | $-212.81 Million |
| 2016 | -217.01% | -23.71% | 0.76x | 12.06x | $-145.59 Million |
| 2017 | 2.34% | 1.09% | 0.88x | 2.45x | $-29.46 Million |
| 2018 | 0.27% | 0.63% | 0.34x | 1.28x | $-275.13 Million |
| 2019 | 4.05% | 7.95% | 0.36x | 1.41x | $-176.59 Million |
| 2020 | 1.87% | 2.87% | 0.42x | 1.55x | $-233.83 Million |
| 2021 | 4.51% | 5.07% | 0.54x | 1.64x | $-163.83 Million |
| 2022 | 1.44% | 1.68% | 0.54x | 1.60x | $-263.08 Million |
| 2023 | 0.03% | 0.03% | 0.50x | 1.57x | $-288.53 Million |
| 2024 | 4.36% | 6.41% | 0.45x | 1.50x | $-172.96 Million |
Industry Comparison
This section compares Tongdao Liepin Group's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $10,170,518,962
- Average return on equity (ROE) among peers: 2.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tongdao Liepin Group (TGDLF) | $3.13 Billion | 0.00% | 0.39x | $189.20 Million |
| Adecco Group AG (AHEXF) | $1.28 Billion | -9.41% | 1.70x | $4.69 Billion |
| Atlantic International Corp. Common Stock (ATLN) | $-1.75 Million | 0.00% | 0.00x | $39.54 Million |
| Barrett Business Services Inc (BBSI) | $208.53 Million | 18.26% | 2.58x | $205.95 Million |
| BG Staffing Inc (BGSF) | $40.49 Million | 17.00% | 1.01x | $39.55 Million |
| Open Up Group Inc. (BNXYF) | $63.34 Billion | 11.01% | 0.52x | $871.90 Million |
| Career Design Center Co. Ltd. (CAEEF) | $4.63 Billion | 23.78% | 0.67x | $33.99 Million |
| CTPartners Executive Search Inc (CTPR) | $24.26 Million | -6.73% | 1.83x | $0.98 |
| The Caldwell Partners International Inc (CWLPF) | $13.93 Million | 2.66% | 0.10x | $16.39 Million |
| en-japan inc. (ENJPY) | $32.16 Billion | 13.05% | 0.52x | $190.42 Million |
| Futuris Company (FTRS) | $4.55 Million | -40.51% | 1.37x | $147.15 |