Techtronic Industries Company Limited
Techtronic Industries Company Limited engages in the provision of power tools, outdoor power equipment, and floorcare and cleaning products. The company operates through Power Equipment, and Floorcare & Cleaning segments. It offers power tools, equipment, accessories, hand tools, safety solutions, and storage products; outdoor products comprising gas, corded, and cordless equipment; and cordless … Read more
Techtronic Industries Company Limited (TTNDF) - Net Assets
Latest net assets as of June 2025: $6.66 Billion USD
Based on the latest financial reports, Techtronic Industries Company Limited (TTNDF) has net assets worth $6.66 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 ($13.89 Billion) and total liabilities ($7.24 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 | $6.66 Billion |
| % of Total Assets | 47.9% |
| Annual Growth Rate | 18.17% |
| 5-Year Change | 63.05% |
| 10-Year Change | 195.22% |
| Growth Volatility | 17.92 |
Techtronic Industries Company Limited - Net Assets Trend (1998–2024)
This chart illustrates how Techtronic Industries Company 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 Techtronic Industries Company Limited (1998–2024)
The table below shows the annual net assets of Techtronic Industries Company Limited from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.36 Billion | +10.72% |
| 2023-12-31 | $5.75 Billion | +10.41% |
| 2022-12-31 | $5.21 Billion | +10.23% |
| 2021-12-31 | $4.72 Billion | +21.00% |
| 2020-12-31 | $3.90 Billion | +14.98% |
| 2019-12-31 | $3.39 Billion | +11.02% |
| 2018-12-31 | $3.06 Billion | +11.55% |
| 2017-12-31 | $2.74 Billion | +14.25% |
| 2016-12-31 | $2.40 Billion | +11.29% |
| 2015-12-31 | $2.16 Billion | +9.59% |
| 2014-12-31 | $1.97 Billion | +12.70% |
| 2013-12-31 | $1.75 Billion | +12.14% |
| 2012-12-31 | $1.56 Billion | +24.11% |
| 2011-12-31 | $1.25 Billion | +10.77% |
| 2010-12-31 | $1.13 Billion | +7.19% |
| 2009-12-31 | $1.06 Billion | +17.83% |
| 2008-12-31 | $896.43 Million | -0.30% |
| 2007-12-31 | $899.14 Million | -1.21% |
| 2006-12-31 | $910.17 Million | +13.26% |
| 2005-12-31 | $803.64 Million | +77.36% |
| 2004-12-31 | $453.11 Million | +37.46% |
| 2003-12-31 | $329.63 Million | +41.29% |
| 2002-12-31 | $233.30 Million | +63.45% |
| 2001-12-31 | $142.73 Million | +35.07% |
| 2000-12-31 | $105.67 Million | +21.76% |
| 1999-12-31 | $86.79 Million | +4.76% |
| 1998-12-31 | $82.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Techtronic Industries Company 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 589712400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.90 Billion | 92.67% |
| Common Stock | $689.68 Million | 10.84% |
| Total Equity | $6.36 Billion | 100.00% |
Techtronic Industries Company Limited Competitors by Market Cap
The table below lists competitors of Techtronic Industries Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coloplast A/S
PINK:CLPBF
|
$14.28 Billion |
|
East West Bancorp Inc
NASDAQ:EWBC
|
$14.29 Billion |
|
Wal Mart de Mexico SAB de CV
PINK:WMMVF
|
$14.31 Billion |
|
GUOTAI JUNAN SEC. H YC1
F:153A
|
$14.32 Billion |
|
Genuine Parts Co
NYSE:GPC
|
$14.24 Billion |
|
James Hardie Industries plc
PINK:JHIUF
|
$14.21 Billion |
|
IDEX Corporation
NYSE:IEX
|
$14.20 Billion |
|
Grupo México S.A.B. de C.V
PINK:GMBXF
|
$14.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Techtronic Industries Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,747,550,000 to 6,363,597,000, a change of 616,047,000 (10.7%).
- Net income of 1,121,680,000 contributed positively to equity growth.
- Dividend payments of 486,103,000 reduced retained earnings.
- Share repurchases of 37,521,000 reduced equity.
- New share issuances of 3,425,000 increased equity.
- Other comprehensive income increased equity by 236,760,999.
- Other factors decreased equity by 222,194,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.12 Billion | +17.63% |
| Dividends Paid | $486.10 Million | -7.64% |
| Share Repurchases | $37.52 Million | -0.59% |
| Share Issuances | $3.42 Million | +0.05% |
| Other Comprehensive Income | $236.76 Million | +3.72% |
| Other Changes | $-222.19 Million | -3.49% |
| Total Change | $- | 10.72% |
Book Value vs Market Value Analysis
This analysis compares Techtronic Industries Company 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: 2.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 67.75x to 2.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.15 | $10.00 | x |
| 1999-12-31 | $0.15 | $10.00 | x |
| 2000-12-31 | $0.19 | $10.00 | x |
| 2001-12-31 | $0.25 | $10.00 | x |
| 2002-12-31 | $0.37 | $10.00 | x |
| 2003-12-31 | $0.49 | $10.00 | x |
| 2004-12-31 | $0.32 | $10.00 | x |
| 2005-12-31 | $0.54 | $10.00 | x |
| 2006-12-31 | $0.59 | $10.00 | x |
| 2007-12-31 | $0.59 | $10.00 | x |
| 2008-12-31 | $0.59 | $10.00 | x |
| 2009-12-31 | $0.67 | $10.00 | x |
| 2010-12-31 | $0.70 | $10.00 | x |
| 2011-12-31 | $0.68 | $10.00 | x |
| 2012-12-31 | $0.85 | $10.00 | x |
| 2013-12-31 | $0.95 | $10.00 | x |
| 2014-12-31 | $1.07 | $10.00 | x |
| 2015-12-31 | $1.17 | $10.00 | x |
| 2016-12-31 | $1.30 | $10.00 | x |
| 2017-12-31 | $1.49 | $10.00 | x |
| 2018-12-31 | $1.66 | $10.00 | x |
| 2019-12-31 | $1.85 | $10.00 | x |
| 2020-12-31 | $2.13 | $10.00 | x |
| 2021-12-31 | $2.57 | $10.00 | x |
| 2022-12-31 | $2.84 | $10.00 | x |
| 2023-12-31 | $3.13 | $10.00 | x |
| 2024-12-31 | $3.47 | $10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Techtronic Industries Company 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): 17.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.67%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.03x
- Recent ROE (17.63%) is above the historical average (17.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 22.08% | 5.57% | 2.13x | 1.86x | $9.96 Million |
| 1999 | 23.50% | 5.81% | 1.95x | 2.07x | $11.59 Million |
| 2000 | 23.31% | 4.19% | 1.56x | 3.56x | $13.95 Million |
| 2001 | 21.65% | 3.91% | 1.62x | 3.42x | $16.47 Million |
| 2002 | 22.96% | 4.35% | 1.49x | 3.53x | $29.91 Million |
| 2003 | 26.82% | 5.11% | 1.37x | 3.84x | $54.44 Million |
| 2004 | 26.94% | 5.68% | 1.17x | 4.04x | $74.97 Million |
| 2005 | 16.67% | 4.56% | 1.10x | 3.33x | $52.57 Million |
| 2006 | 15.32% | 4.91% | 1.02x | 3.05x | $47.86 Million |
| 2007 | 1.81% | 0.51% | 0.99x | 3.61x | $-72.68 Million |
| 2008 | 2.56% | 0.66% | 1.22x | 3.19x | $-65.69 Million |
| 2009 | 6.07% | 2.05% | 1.01x | 2.94x | $-40.95 Million |
| 2010 | 8.49% | 2.80% | 1.04x | 2.93x | $-16.83 Million |
| 2011 | 12.20% | 4.15% | 1.09x | 2.71x | $27.45 Million |
| 2012 | 12.98% | 5.22% | 1.08x | 2.31x | $46.10 Million |
| 2013 | 14.38% | 5.82% | 1.07x | 2.31x | $76.21 Million |
| 2014 | 15.27% | 6.32% | 1.09x | 2.21x | $103.61 Million |
| 2015 | 16.44% | 7.04% | 1.05x | 2.23x | $138.83 Million |
| 2016 | 17.04% | 7.46% | 1.07x | 2.13x | $169.03 Million |
| 2017 | 17.16% | 7.76% | 1.08x | 2.04x | $196.30 Million |
| 2018 | 18.07% | 7.87% | 1.11x | 2.08x | $246.69 Million |
| 2019 | 18.11% | 8.02% | 1.00x | 2.27x | $275.44 Million |
| 2020 | 20.52% | 8.16% | 1.04x | 2.41x | $410.46 Million |
| 2021 | 23.27% | 8.32% | 1.02x | 2.75x | $626.75 Million |
| 2022 | 20.69% | 8.13% | 1.00x | 2.56x | $556.60 Million |
| 2023 | 16.99% | 7.09% | 1.11x | 2.16x | $401.58 Million |
| 2024 | 17.63% | 7.67% | 1.13x | 2.03x | $485.32 Million |
Industry Comparison
This section compares Techtronic Industries Company Limited's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $33,072,796,105
- Average return on equity (ROE) among peers: 8.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Techtronic Industries Company Limited (TTNDF) | $6.66 Billion | 22.08% | 1.09x | $14.25 Billion |
| Chervon Holdings Limited (CHRHF) | $1.04 Billion | 10.85% | 0.92x | $251.40 Million |
| Chicago Rivet & Machine Co (CVR) | $24.82 Million | 6.14% | 0.18x | $8.74 Million |
| Eastern Co (EML) | $70.04 Million | 7.91% | 0.46x | $98.45 Million |
| Federal Screw Works (FSCR) | $24.50 Million | 8.16% | 0.92x | $65.95K |
| Hillman Solutions Corp (HLMN) | $439.11 Million | -13.36% | 4.54x | $1.59 Billion |
| Husqvarna AB (HSQVY) | $17.28 Billion | 14.62% | 1.43x | $2.92 Billion |
| Husqvarna AB (publ) (HUQVF) | $11.39 Billion | 8.02% | 1.35x | $2.36 Billion |
| Kennametal Inc (KMT) | $451.40 Million | 15.44% | 0.77x | $2.81 Billion |
| Lincoln Electric Holdings Inc (LECO) | $335.40 Million | 18.34% | 0.84x | $14.00 Billion |
| Makita Corp (MKTAY) | $299.67 Billion | 7.43% | 0.17x | $6.48 Billion |