Tuan Sing Holdings Limited
Tuan Sing Holdings Limited, an investment holding company, engages in the property development and investment, hotels investment, and industrial services businesses in Singapore, Australia, China, Malaysia, and Indonesia. It operates through five segments: Real Estate Investment, Real Estate Development, Hospitality, Industrial Services, and Other Investments. The company develops and invests in … Read more
Tuan Sing Holdings Limited (TUS) - Net Assets
Latest net assets as of June 2025: €1.20 Billion EUR
Based on the latest financial reports, Tuan Sing Holdings Limited (TUS) has net assets worth €1.20 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.71 Billion) and total liabilities (€1.52 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 | €1.20 Billion |
| % of Total Assets | 44.07% |
| Annual Growth Rate | 4.14% |
| 5-Year Change | 3.99% |
| 10-Year Change | 37.5% |
| Growth Volatility | 4.46 |
Tuan Sing Holdings Limited - Net Assets Trend (2014–2024)
This chart illustrates how Tuan Sing 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 Tuan Sing Holdings Limited (2014–2024)
The table below shows the annual net assets of Tuan Sing Holdings Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.22 Billion | -0.63% |
| 2023-12-31 | €1.23 Billion | +0.26% |
| 2022-12-31 | €1.22 Billion | -3.13% |
| 2021-12-31 | €1.26 Billion | +7.75% |
| 2020-12-31 | €1.17 Billion | +4.86% |
| 2019-12-31 | €1.12 Billion | +0.96% |
| 2018-12-31 | €1.11 Billion | +11.26% |
| 2017-12-31 | €996.28 Million | +7.07% |
| 2016-12-31 | €930.46 Million | +4.85% |
| 2015-12-31 | €887.46 Million | +9.15% |
| 2014-12-31 | €813.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tuan Sing 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.22 Billion | 100.00% |
| Total Equity | €1.22 Billion | 100.00% |
Tuan Sing Holdings Limited Competitors by Market Cap
The table below lists competitors of Tuan Sing Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Power Engineering Consulting JSC 2
VN:TV2
|
$94.87 Million |
|
CROSSJECT SA EO -10
F:74C
|
$94.89 Million |
|
DUG Technology Ltd
AU:DUG
|
$94.90 Million |
|
SBI
HE:SBI
|
$94.93 Million |
|
DIO Corporation
KQ:039840
|
$94.83 Million |
|
Antibiotice Ia
RO:ATB
|
$94.81 Million |
|
Elentec Co. Ltd
KQ:054210
|
$94.81 Million |
|
Highlight Tech
TWO:6208
|
$94.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tuan Sing Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,225,942,000 to 1,219,259,000, a change of -6,683,000 (-0.5%).
- Net income of 2,344,000 contributed positively to equity growth.
- Dividend payments of 7,345,000 reduced retained earnings.
- Share repurchases of 65,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.34 Million | +0.19% |
| Dividends Paid | €7.34 Million | -0.6% |
| Share Repurchases | €65.00K | -0.01% |
| Other Changes | €-1.62 Million | -0.13% |
| Total Change | €- | -0.55% |
Book Value vs Market Value Analysis
This analysis compares Tuan Sing 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: 0.19x
- 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 |
|---|---|---|---|
| 2017-12-31 | €0.83 | €0.19 | x |
| 2018-12-31 | €0.92 | €0.19 | x |
| 2019-12-31 | €0.93 | €0.19 | x |
| 2020-12-31 | €0.99 | €0.19 | x |
| 2021-12-31 | €1.05 | €0.19 | x |
| 2022-12-31 | €1.00 | €0.19 | x |
| 2023-12-31 | €0.99 | €0.19 | x |
| 2024-12-31 | €0.98 | €0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tuan Sing 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): 0.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.21x
- Recent ROE (0.19%) is below the historical average (4.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.62% | 17.24% | 0.15x | 2.87x | €-19.12 Million |
| 2015 | 7.85% | 10.17% | 0.31x | 2.47x | €-18.85 Million |
| 2016 | 3.65% | 8.31% | 0.19x | 2.31x | €-58.36 Million |
| 2017 | 6.36% | 17.53% | 0.14x | 2.68x | €-35.83 Million |
| 2018 | 12.29% | 39.98% | 0.12x | 2.67x | €25.03 Million |
| 2019 | 3.01% | 10.69% | 0.10x | 2.71x | €-77.28 Million |
| 2020 | 5.09% | 29.98% | 0.06x | 2.71x | €-57.00 Million |
| 2021 | 6.69% | 34.10% | 0.09x | 2.21x | €-41.36 Million |
| 2022 | 0.38% | 2.04% | 0.08x | 2.17x | €-117.74 Million |
| 2023 | 0.39% | 1.59% | 0.12x | 2.14x | €-117.76 Million |
| 2024 | 0.19% | 1.22% | 0.07x | 2.21x | €-119.58 Million |
Industry Comparison
This section compares Tuan Sing Holdings Limited's net assets metrics with peer companies in the Real Estate - Diversified industry.
No peer company data available for comparison.