Topsports International Holdings Limited
Topsports International Holdings Limited, together with its subsidiaries, an investment holding company, engages in the trading of sportswear products in the People's Republic of China. The company is involved in the leasing commercial spaces to other retailers for concessionaire sale; provision of information technology, media communication, and marketing services; operation of sports cities bus… Read more
Topsports International Holdings Limited (TPSRF) - Net Assets
Latest net assets as of August 2025: $8.97 Billion USD
Based on the latest financial reports, Topsports International Holdings Limited (TPSRF) has net assets worth $8.97 Billion USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.37 Billion) and total liabilities ($7.40 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 | $8.97 Billion |
| % of Total Assets | 54.82% |
| Annual Growth Rate | 8.0% |
| 5-Year Change | -6.66% |
| 10-Year Change | N/A |
| Growth Volatility | 150.73 |
Topsports International Holdings Limited - Net Assets Trend (2017–2025)
This chart illustrates how Topsports International 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 Topsports International Holdings Limited (2017–2025)
The table below shows the annual net assets of Topsports International Holdings Limited from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | $9.06 Billion | -8.03% |
| 2024-02-29 | $9.85 Billion | +0.17% |
| 2023-02-28 | $9.83 Billion | -7.07% |
| 2022-02-28 | $10.58 Billion | +9.02% |
| 2021-02-28 | $9.71 Billion | -7.94% |
| 2020-02-29 | $10.54 Billion | +441.00% |
| 2019-02-28 | $1.95 Billion | -48.46% |
| 2018-02-28 | $3.78 Billion | -22.74% |
| 2017-02-28 | $4.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Topsports International 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 116.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.17 Billion | 79.17% |
| Other Components | $1.89 Billion | 20.83% |
| Total Equity | $9.06 Billion | 100.00% |
Topsports International Holdings Limited Competitors by Market Cap
The table below lists competitors of Topsports International Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kaynes Technology India Limited
NSE:KAYNES
|
$1.27 Billion |
|
Entra ASA
PINK:ENTOF
|
$1.27 Billion |
|
Zhejiang Changsheng Sliding Bearings Co Ltd Class A
SHE:300718
|
$1.28 Billion |
|
Helios Towers plc
PINK:HTWSF
|
$1.28 Billion |
|
Shenzhen Kingdom SCI Tech Co Ltd
SHG:600446
|
$1.27 Billion |
|
Wuxi Shangji Automation Co Ltd
SHG:603185
|
$1.27 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
$1.27 Billion |
|
Implenia AG
SW:IMPN
|
$1.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Topsports International Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,848,900,000 to 9,058,800,000, a change of -790,100,000 (-8.0%).
- Net income of 1,286,000,000 contributed positively to equity growth.
- Dividend payments of 2,108,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 18,329,900,000.
- Other factors decreased equity by 18,297,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.29 Billion | +14.2% |
| Dividends Paid | $2.11 Billion | -23.28% |
| Other Comprehensive Income | $18.33 Billion | +202.34% |
| Other Changes | $-18.30 Billion | -201.99% |
| Total Change | $- | -8.02% |
Book Value vs Market Value Analysis
This analysis compares Topsports International 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: 0.32x
- 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.
- The price-to-book ratio has decreased from 0.59x to 0.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-02-28 | $0.79 | $0.47 | x |
| 2018-02-28 | $0.61 | $0.47 | x |
| 2019-02-28 | $0.37 | $0.47 | x |
| 2020-02-29 | $1.70 | $0.47 | x |
| 2021-02-28 | $1.57 | $0.47 | x |
| 2022-02-28 | $1.71 | $0.47 | x |
| 2023-02-28 | $1.59 | $0.47 | x |
| 2024-02-29 | $1.59 | $0.47 | x |
| 2025-02-28 | $1.46 | $0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Topsports International 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): 14.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.76%
- • Asset Turnover: 1.81x
- • Equity Multiplier: 1.65x
- Recent ROE (14.20%) is below the historical average (34.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 26.92% | 6.07% | 1.78x | 2.49x | $827.88 Million |
| 2018 | 37.98% | 5.41% | 1.85x | 3.80x | $1.06 Billion |
| 2019 | 112.88% | 6.76% | 2.01x | 8.32x | $2.00 Billion |
| 2020 | 21.85% | 6.84% | 1.53x | 2.09x | $1.25 Billion |
| 2021 | 28.54% | 7.69% | 2.03x | 1.82x | $1.80 Billion |
| 2022 | 23.12% | 7.67% | 1.79x | 1.68x | $1.39 Billion |
| 2023 | 18.68% | 6.78% | 1.61x | 1.71x | $853.24 Million |
| 2024 | 22.47% | 7.65% | 1.99x | 1.48x | $1.23 Billion |
| 2025 | 14.20% | 4.76% | 1.81x | 1.65x | $380.12 Million |
Industry Comparison
This section compares Topsports International Holdings Limited's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $596,574,747
- Average return on equity (ROE) among peers: 4.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Topsports International Holdings Limited (TPSRF) | $8.97 Billion | 26.92% | 0.82x | $1.27 Billion |
| American Eagle Outfitters Inc (AEO) | $90.81 Million | 21.51% | 0.59x | $2.70 Billion |
| AKA Brands Holding Corp (AKA) | $148.62 Million | -66.54% | 1.43x | $8.64 Million |
| Abercrombie & Fitch Company (ANF) | $1.86 Billion | 6.85% | 0.64x | $3.90 Billion |
| Aritzia Inc (ATZAF) | $112.68 Million | 28.73% | 2.56x | $2.85 Billion |
| Allbirds Inc (BIRD) | $185.33 Million | -82.26% | 0.78x | $17.13 Million |
| Buckle Inc (BKE) | $389.15 Million | 26.84% | 1.23x | $1.53 Billion |
| Boot Barn Holdings Inc (BOOT) | $599.68 Million | 32.09% | 1.00x | $4.86 Billion |
| BrilliA Inc (BRIA) | $6.50 Million | 66.75% | 2.42x | $11.61 Million |
| Burlington Stores Inc (BURL) | $-150.47 Million | 0.00% | 0.00x | $18.67 Billion |
| Boozt AB (publ) (BZTAF) | $2.72 Billion | 8.57% | 1.19x | $605.80 Million |