TTS (TRANSPORT TRADE SERVICES)
TTS (Transport Trade Services) S.A. provides freight forwarding services in Romania. The company operates through three segments: Shipping, River Transport, and Port Operations. It is involved in the river/maritime and land transport of bulk and packed commodities goods, handling of goods and equipment, and door-to-door transportation activities. The company also provides direct or indirect trans… Read more
TTS (TRANSPORT TRADE SERVICES) (TTS) - Net Assets
Latest net assets as of September 2025: RON1.02 Billion RON
Based on the latest financial reports, TTS (TRANSPORT TRADE SERVICES) (TTS) has net assets worth RON1.02 Billion RON as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON1.32 Billion) and total liabilities (RON299.10 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 | RON1.02 Billion |
| % of Total Assets | 77.37% |
| Annual Growth Rate | 14.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.6 |
TTS (TRANSPORT TRADE SERVICES) - Net Assets Trend (2020–2024)
This chart illustrates how TTS (TRANSPORT TRADE SERVICES)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TTS (TRANSPORT TRADE SERVICES) (2020–2024)
The table below shows the annual net assets of TTS (TRANSPORT TRADE SERVICES) from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RON1.06 Billion | -2.93% |
| 2023-12-31 | RON1.09 Billion | +32.82% |
| 2022-12-31 | RON818.40 Million | +23.53% |
| 2021-12-31 | RON662.53 Million | +9.51% |
| 2020-12-31 | RON604.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TTS (TRANSPORT TRADE SERVICES)'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 50.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON368.31 Million | 39.97% |
| Other Components | RON553.21 Million | 60.03% |
| Total Equity | RON921.52 Million | 100.00% |
TTS (TRANSPORT TRADE SERVICES) Competitors by Market Cap
The table below lists competitors of TTS (TRANSPORT TRADE SERVICES) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Young Fast Optoelectronics Co Ltd
TW:3622
|
$131.83 Million |
|
Pine Cliff Energy Ltd
PINK:PIFYF
|
$131.90 Million |
|
Datamatics Global Services Limited
NSE:DATAMATICS
|
$131.93 Million |
|
Carnarvon Petroleum Limited
PINK:CVONF
|
$131.99 Million |
|
Hangzhou Xili Intelligent Technology Co. Ltd. A
SHG:688616
|
$131.73 Million |
|
Zhejiang Wanfeng Chemical Co. Ltd. A
SHG:603172
|
$131.73 Million |
|
Importadora y Exportadora de la Patagonia SA
BA:PATA
|
$131.70 Million |
|
Chieftek Precision Co Ltd
TW:1597
|
$131.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TTS (TRANSPORT TRADE SERVICES)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 954,537,214 to 921,516,684, a change of -33,020,530 (-3.5%).
- Net income of 19,082,486 contributed positively to equity growth.
- Dividend payments of 68,311,775 reduced retained earnings.
- Share repurchases of 2,965,789 reduced equity.
- Other factors increased equity by 19,174,548.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON19.08 Million | +2.07% |
| Dividends Paid | RON68.31 Million | -7.41% |
| Share Repurchases | RON2.97 Million | -0.32% |
| Other Changes | RON19.17 Million | +2.08% |
| Total Change | RON- | -3.46% |
Book Value vs Market Value Analysis
This analysis compares TTS (TRANSPORT TRADE SERVICES)'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: 1.05x
- 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 1.94x to 1.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RON2.78 | RON5.38 | x |
| 2021-12-31 | RON3.09 | RON5.38 | x |
| 2022-12-31 | RON3.90 | RON5.38 | x |
| 2023-12-31 | RON5.30 | RON5.38 | x |
| 2024-12-31 | RON5.12 | RON5.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TTS (TRANSPORT TRADE SERVICES) 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): 2.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.60%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.38x
- Recent ROE (2.07%) is below the historical average (14.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 8.86% | 8.50% | 0.69x | 1.50x | RON-5.72 Million |
| 2021 | 10.83% | 10.06% | 0.75x | 1.43x | RON4.63 Million |
| 2022 | 23.38% | 17.56% | 0.93x | 1.43x | RON93.88 Million |
| 2023 | 29.70% | 24.42% | 0.87x | 1.40x | RON188.09 Million |
| 2024 | 2.07% | 2.60% | 0.58x | 1.38x | RON-73.07 Million |
Industry Comparison
This section compares TTS (TRANSPORT TRADE SERVICES)'s net assets metrics with peer companies in the Integrated Freight & Logistics industry.
No peer company data available for comparison.