Tipco Asphalt PCL
Tipco Asphalt PCL operates in various business sectors.
Tipco Asphalt PCL (NVP5) - Net Assets
Latest net assets as of December 2025: €13.87 Billion EUR
Based on the latest financial reports, Tipco Asphalt PCL (NVP5) has net assets worth €13.87 Billion EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€22.02 Billion) and total liabilities (€8.15 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 | €13.87 Billion |
| % of Total Assets | 62.98% |
| Annual Growth Rate | 1.45% |
| 5-Year Change | -12.99% |
| 10-Year Change | N/A |
| Growth Volatility | 7.93 |
Tipco Asphalt PCL - Net Assets Trend (2018–2025)
This chart illustrates how Tipco Asphalt PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tipco Asphalt PCL (2018–2025)
The table below shows the annual net assets of Tipco Asphalt PCL from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €13.87 Billion | -13.83% |
| 2024-12-31 | €16.09 Billion | -4.79% |
| 2023-12-31 | €16.90 Billion | +0.65% |
| 2022-12-31 | €16.79 Billion | +5.36% |
| 2021-12-31 | €15.94 Billion | +6.10% |
| 2020-12-31 | €15.02 Billion | +10.62% |
| 2019-12-31 | €13.58 Billion | +8.31% |
| 2018-12-31 | €12.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tipco Asphalt PCL'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 24.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €12.60 Billion | 91.94% |
| Other Components | €1.10 Billion | 8.06% |
| Total Equity | €13.70 Billion | 100.00% |
Tipco Asphalt PCL Competitors by Market Cap
The table below lists competitors of Tipco Asphalt PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Foods Group Inc
PINK:FIFG
|
$3.10K |
|
Shahtaj Textile Ltd
KAR:STJT
|
$3.10K |
|
Tortilla Mexican Grill PLC
LSE:MEX
|
$3.10K |
|
PACIFIC BASIN SHIP
MU:OYD
|
$3.10K |
|
MIDLAND HLDG
MU:MTK
|
$3.10K |
|
VELOGIC HOLDING COMPANY LIMITED
SEM:VELG
|
$3.10K |
|
PACIFIC CENTURY (PFQ.SG)
STU:PFQ
|
$3.08K |
|
PRI HEALTH CARE (PGZ.SG)
STU:PGZ
|
$3.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tipco Asphalt PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,878,248,001 to 13,704,527,499, a change of -2,173,720,502 (-13.7%).
- Net income of 1,136,572,093 contributed positively to equity growth.
- Dividend payments of 2,682,198,666 reduced retained earnings.
- Other factors decreased equity by 628,093,929.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.14 Billion | +8.29% |
| Dividends Paid | €2.68 Billion | -19.57% |
| Other Changes | €-628.09 Million | -4.58% |
| Total Change | €- | -13.69% |
Book Value vs Market Value Analysis
This analysis compares Tipco Asphalt PCL'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: 0.04x
- 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 |
|---|---|---|---|
| 2018-12-31 | €7.87 | €0.31 | x |
| 2019-12-31 | €8.50 | €0.31 | x |
| 2020-12-31 | €9.40 | €0.31 | x |
| 2021-12-31 | €9.74 | €0.31 | x |
| 2022-12-31 | €10.28 | €0.31 | x |
| 2023-12-31 | €10.35 | €0.31 | x |
| 2024-12-31 | €10.06 | €0.31 | x |
| 2025-12-31 | €8.68 | €0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tipco Asphalt PCL 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): 8.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.22%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.61x
- Recent ROE (8.29%) is below the historical average (13.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 4.56% | 2.04% | 1.14x | 1.96x | €-673.75 Million |
| 2019 | 17.06% | 7.46% | 1.21x | 1.88x | €947.15 Million |
| 2020 | 24.21% | 13.73% | 1.23x | 1.44x | €2.11 Billion |
| 2021 | 14.44% | 8.21% | 1.09x | 1.61x | €682.92 Million |
| 2022 | 14.58% | 7.09% | 1.27x | 1.62x | €743.24 Million |
| 2023 | 14.11% | 7.41% | 1.31x | 1.45x | €671.80 Million |
| 2024 | 8.93% | 5.07% | 1.18x | 1.50x | €-170.68 Million |
| 2025 | 8.29% | 4.22% | 1.22x | 1.61x | €-233.88 Million |
Industry Comparison
This section compares Tipco Asphalt PCL's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.