Tenet Fintech Group Inc
Tenet Fintech Group Inc., through its subsidiaries, provides various analytics and AI-based products and services in North America and China. It operates in two segments, Fintech Platform and Financial Services. The company offers Cubeler Business Hub, a global ecosystem, where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. It procures and dis… Read more
Tenet Fintech Group Inc (PKKFF) - Total Assets
Latest total assets as of September 2025: $29.60 Million USD
Based on the latest financial reports, Tenet Fintech Group Inc (PKKFF) holds total assets worth $29.60 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tenet Fintech Group Inc - Total Assets Trend (2008–2024)
This chart illustrates how Tenet Fintech Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tenet Fintech Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tenet Fintech Group Inc's total assets of $29.60 Million consist of 86.0% current assets and 14.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.3% |
| Accounts Receivable | $14.91 Million | 38.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.38 Million | 3.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2008–2024)
This chart illustrates how Tenet Fintech Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tenet Fintech Group Inc's current assets represent 86.0% of total assets in 2024, a decrease from 100.0% in 2008.
- Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, down from 99.9% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is accounts receivable at 38.6% of total assets.
Tenet Fintech Group Inc Competitors by Total Assets
Key competitors of Tenet Fintech Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Tenet Fintech Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Tenet Fintech Group Inc generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tenet Fintech Group Inc is currently not profitable relative to its asset base.
Tenet Fintech Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.35 | 1.44 | 1.89 |
| Quick Ratio | 1.35 | 1.44 | 1.89 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $6.48 Million | $ 12.25 Million | $ 25.05 Million |
Tenet Fintech Group Inc - Advanced Valuation Insights
This section examines the relationship between Tenet Fintech Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 11.36 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -52.9% |
| Total Assets | $38.60 Million |
| Market Capitalization | $6.05 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tenet Fintech Group Inc's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tenet Fintech Group Inc's assets decreased by 52.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tenet Fintech Group Inc (2008–2024)
The table below shows the annual total assets of Tenet Fintech Group Inc from 2008 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $38.60 Million | -52.89% |
| 2023-12-31 | $81.92 Million | -42.01% |
| 2022-12-31 | $141.27 Million | -27.66% |
| 2021-12-31 | $195.29 Million | +218.55% |
| 2020-12-31 | $61.31 Million | +108.83% |
| 2019-12-31 | $29.36 Million | +18.91% |
| 2018-12-31 | $24.69 Million | +56.85% |
| 2017-12-31 | $15.74 Million | +237.54% |
| 2016-12-31 | $4.66 Million | +516.88% |
| 2015-12-31 | $755.95K | -57.83% |
| 2014-12-31 | $1.79 Million | +659.36% |
| 2013-12-31 | $236.08K | -54.25% |
| 2012-12-31 | $516.01K | -56.32% |
| 2011-12-31 | $1.18 Million | +135.42% |
| 2010-12-31 | $501.82K | -6.60% |
| 2009-12-31 | $537.26K | -13.58% |
| 2008-12-31 | $621.67K | -- |