Tectona
Tectona Ltd focuses on the digital asset, cryptographic currencies, and blockchain technology businesses. It intends to invest and trade in various facets of digital assets; and provide capital markets with access to various linked financial instruments. The company was formerly known as WhiteSmoke Software Ltd and changed its name to Tectona Ltd in July 2021. The company was incorporated in 1981… Read more
Tectona (TECT) - Net Assets
Latest net assets as of June 2025: ILA13.11 Million ILA
Based on the latest financial reports, Tectona (TECT) has net assets worth ILA13.11 Million ILA as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA17.27 Million) and total liabilities (ILA4.16 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 | ILA13.11 Million |
| % of Total Assets | 75.89% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | 416.38% |
| Growth Volatility | 68.44 |
Tectona - Net Assets Trend (2012–2024)
This chart illustrates how Tectona's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tectona (2012–2024)
The table below shows the annual net assets of Tectona from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA14.96 Million | +32.81% |
| 2023-12-31 | ILA11.26 Million | +15.06% |
| 2022-12-31 | ILA9.79 Million | -43.70% |
| 2021-12-31 | ILA17.39 Million | +12885.29% |
| 2020-12-31 | ILA-136.00K | -105.04% |
| 2019-12-31 | ILA2.70 Million | +77.58% |
| 2018-12-31 | ILA1.52 Million | +114.53% |
| 2017-12-31 | ILA709.00K | -72.10% |
| 2016-12-31 | ILA2.54 Million | -12.29% |
| 2015-12-31 | ILA2.90 Million | +92.67% |
| 2014-12-31 | ILA1.50 Million | +37.49% |
| 2013-12-31 | ILA1.09 Million | +105.90% |
| 2012-12-31 | ILA-18.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tectona'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 1606500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | ILA9.57 Million | 63.98% |
| Other Components | ILA76.98 Million | 514.63% |
| Total Equity | ILA14.96 Million | 100.00% |
Tectona Competitors by Market Cap
The table below lists competitors of Tectona ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BirlaNu Limited
NSE:BIRLANU
|
$138.44K |
|
Angi Inc
STU:2UH
|
$138.46K |
|
Viohalco SA
STU:VHC
|
$138.55K |
|
ROLLS-ROYCE HLDGS - Dusseldorf Stock Exchang
DU:RRU
|
$138.60K |
|
SMITH & NEPHEW
BE:NPW1
|
$138.30K |
|
SMITH & NEPHEW (NPW1.SG)
STU:NPW1
|
$138.28K |
|
V Ten Capital Corp.
V:VTEN-P
|
$138.20K |
|
Endeavor Bank
OTCQX:EDVR
|
$138.18K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tectona's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,263,000 to 14,958,000, a change of 3,695,000 (32.8%).
- Net income of 711,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,651,001.
- Other factors increased equity by 4,635,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA711.00K | +4.75% |
| Other Comprehensive Income | ILA-1.65 Million | -11.04% |
| Other Changes | ILA4.64 Million | +30.99% |
| Total Change | ILA- | 32.81% |
Book Value vs Market Value Analysis
This analysis compares Tectona'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: 402.82x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA-1.54 | ILA270.10 | x |
| 2013-12-31 | ILA0.03 | ILA270.10 | x |
| 2014-12-31 | ILA0.05 | ILA270.10 | x |
| 2015-12-31 | ILA0.11 | ILA270.10 | x |
| 2016-12-31 | ILA0.09 | ILA270.10 | x |
| 2017-12-31 | ILA0.02 | ILA270.10 | x |
| 2018-12-31 | ILA0.06 | ILA270.10 | x |
| 2019-12-31 | ILA0.07 | ILA270.10 | x |
| 2020-12-31 | ILA0.00 | ILA270.10 | x |
| 2021-12-31 | ILA0.23 | ILA270.10 | x |
| 2022-12-31 | ILA0.12 | ILA270.10 | x |
| 2023-12-31 | ILA0.06 | ILA270.10 | x |
| 2024-12-31 | ILA0.67 | ILA270.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tectona 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): 4.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.16%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.36x
- Recent ROE (4.75%) is above the historical average (-29.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 3.03% | 3.74x | 0.00x | ILA3.02 Million |
| 2013 | 331.79% | 9.57% | 5.05x | 6.87x | ILA2.00 Million |
| 2014 | 59.05% | 4.15% | 4.35x | 3.27x | ILA517.41K |
| 2015 | -106.99% | -84.49% | 0.82x | 1.55x | ILA-3.06 Million |
| 2016 | -101.48% | -144.17% | 0.21x | 3.37x | ILA-2.54 Million |
| 2017 | -162.65% | -72.13% | 0.17x | 13.19x | ILA-846.00K |
| 2018 | -50.10% | -88.07% | 0.25x | 2.24x | ILA-876.90K |
| 2019 | -11.74% | -12.54% | 0.71x | 1.32x | ILA-575.80K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-3.04 Million |
| 2021 | -231.96% | -12112.31% | 0.02x | 1.16x | ILA-42.07 Million |
| 2022 | -117.74% | -409.01% | 0.22x | 1.32x | ILA-12.50 Million |
| 2023 | 6.21% | 17.29% | 0.32x | 1.11x | ILA-427.30K |
| 2024 | 4.75% | 12.16% | 0.29x | 1.36x | ILA-784.80K |
Industry Comparison
This section compares Tectona's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $82,805,332
- Average return on equity (ROE) among peers: -32.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tectona (TECT) | ILA13.11 Million | 0.00% | 0.32x | $138.36K |
| ELAD SOFTWARE (ELAD) | $5.16 Million | 47.68% | 8.22x | $1.38 Million |
| Idomoo Ltd (IDMO) | $13.70 Million | -29.46% | 0.86x | $127.95K |
| Nrgene Technologies Ltd (NRGN) | $17.68 Million | -47.16% | 0.49x | $103.89K |
| One Software Technologies Ltd (ONE) | $164.36 Million | 29.44% | 2.69x | $11.87 Million |
| Photomyne Ltd (PHTM) | $3.69 Million | -133.70% | 2.41x | $143.33K |
| Propdo Ltd (PRPD) | $7.97 Million | -161.08% | 0.91x | $41.73 Million |
| Sarine Technologies Ltd (SARN) | $48.20 Million | 36.03% | 0.27x | $461.49K |
| Synel M.L.L Payway Ltd (SNEL) | $401.68 Million | 1.99% | 1.58x | $277.66K |