Tianrong Internet Products and Services Inc
Tianrong Internet Products and Services, Inc. is an investment company that focuses on investing in medical companies. The company was incorporated in 1959 and is based in Mountainhome, Pennsylvania. Tianrong Internet Products and Services, Inc. is a subsidiary of Wilton Management Limited.
Tianrong Internet Products and Services Inc (TIPS) - Net Assets
Latest net assets as of June 2025: $-1.23 Million USD
Based on the latest financial reports, Tianrong Internet Products and Services Inc (TIPS) has net assets worth $-1.23 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($28.14K) and total liabilities ($1.26 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 | $-1.23 Million |
| % of Total Assets | -4386.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Tianrong Internet Products and Services Inc - Net Assets Trend (1998–2024)
This chart illustrates how Tianrong Internet Products and Services 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 Tianrong Internet Products and Services Inc (1998–2024)
The table below shows the annual net assets of Tianrong Internet Products and Services Inc from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-1.07 Million | -35.81% |
| 2023-12-31 | $-789.17K | -6.57% |
| 2012-12-31 | $-740.51K | -55.37% |
| 2011-12-31 | $-476.60K | -33.50% |
| 2010-12-31 | $-357.00K | -892600.00% |
| 1998-12-31 | $40.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianrong Internet Products and Services 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 144204600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $84.67K | % |
| Other Components | $285.64K | % |
| Total Equity | $-1.07 Million | 100.00% |
Tianrong Internet Products and Services Inc Competitors by Market Cap
The table below lists competitors of Tianrong Internet Products and Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sadot Group Inc.
NASDAQ:SDOT
|
$2.37 Million |
|
Simble Solutions Ltd
AU:SIS
|
$2.37 Million |
|
THALES - Dusseldorf Stock Exchang
DU:CSF
|
$2.37 Million |
|
Awakn Life Sciences Corp
PINK:AWKNF
|
$2.37 Million |
|
Blackwall Ltd
AU:BWF
|
$2.37 Million |
|
ZINC of Ireland NL
AU:ZMI
|
$2.37 Million |
|
Adherium Ltd
AU:ADR
|
$2.37 Million |
|
OFAL
NASDAQ:OFAL
|
$2.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianrong Internet Products and Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -789,166 to -1,071,802, a change of -282,636.
- Net loss of 282,636 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-282.64K | -26.37% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Tianrong Internet Products and Services 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 |
|---|---|---|---|
| 1998-12-31 | $0.00 | $0.03 | x |
| 2010-12-31 | $0.00 | $0.03 | x |
| 2011-12-31 | $-0.01 | $0.03 | x |
| 2012-12-31 | $-0.01 | $0.03 | x |
| 2018-12-31 | $-0.01 | $0.03 | x |
| 2019-12-31 | $-0.01 | $0.03 | x |
| 2020-12-31 | $-0.01 | $0.03 | x |
| 2021-12-31 | $-0.01 | $0.03 | x |
| 2022-12-31 | $-0.01 | $0.03 | x |
| 2023-12-31 | $-0.01 | $0.03 | x |
| 2024-12-31 | $-0.01 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianrong Internet Products and Services 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: -135.99%
- • Asset Turnover: 6.66x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-6.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -75.00% | 0.00% | 0.00x | 1.00x | $-34.00 |
| 2010 | 0.00% | 0.00% | 0.00x | 0.00x | $35.70K |
| 2011 | 0.00% | 0.00% | 0.00x | 0.00x | $-71.94K |
| 2012 | 0.00% | 0.00% | 0.00x | 0.00x | $-189.86K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $59.40K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $69.94K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $68.06K |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $44.89K |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $32.38K |
| 2023 | 0.00% | -67.09% | 1408.45x | 0.00x | $11.83K |
| 2024 | 0.00% | -135.99% | 6.66x | 0.00x | $-175.46K |
Industry Comparison
This section compares Tianrong Internet Products and Services Inc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianrong Internet Products and Services Inc (TIPS) | $-1.23 Million | -75.00% | N/A | $2.37 Million |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |