General Commercial & Industrial S.A (GEBKA) - Net Assets
Based on the latest financial reports, General Commercial & Industrial S.A (GEBKA) has net assets worth €28.70 Million EUR (≈ $33.56 Million USD) as of December 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€37.35 Million ≈ $43.66 Million USD) and total liabilities (€8.64 Million ≈ $10.10 Million USD). 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. Explore General Commercial & Industrial S.A (GEBKA) cash conversion ratio to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €28.70 Million |
| % of Total Assets | 76.86% |
| Annual Growth Rate | 2.54% |
| 5-Year Change | 22.97% |
| 10-Year Change | 21.77% |
| Growth Volatility | 3.6 |
General Commercial & Industrial S.A - Net Assets Trend (2004–2022)
This chart illustrates how General Commercial & Industrial S.A's net assets have evolved over time, based on quarterly financial data. Explore General Commercial & Industrial S.A strategic investment ratio to see how much of total assets are deployed in long-term investments.
Annual Net Assets for General Commercial & Industrial S.A (2004–2022)
The table below shows the annual net assets of General Commercial & Industrial S.A from 2004 to 2022. For live valuation and market cap data, see General Commercial & Industrial S.A market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €28.70 Million ≈ $33.56 Million |
+10.00% |
| 2021-12-31 | €26.09 Million ≈ $30.51 Million |
+8.70% |
| 2020-12-31 | €24.00 Million ≈ $28.06 Million |
+1.69% |
| 2019-12-31 | €23.61 Million ≈ $27.60 Million |
+1.13% |
| 2018-12-31 | €23.34 Million ≈ $27.29 Million |
+0.97% |
| 2017-12-31 | €23.12 Million ≈ $27.03 Million |
-2.64% |
| 2016-12-31 | €23.75 Million ≈ $27.76 Million |
-0.70% |
| 2015-12-31 | €23.91 Million ≈ $27.96 Million |
+0.78% |
| 2014-12-31 | €23.73 Million ≈ $27.74 Million |
+0.66% |
| 2013-12-31 | €23.57 Million ≈ $27.56 Million |
+2.96% |
| 2012-12-31 | €22.89 Million ≈ $26.77 Million |
-2.28% |
| 2011-12-31 | €23.43 Million ≈ $27.39 Million |
+4.95% |
| 2010-12-31 | €22.32 Million ≈ $26.10 Million |
-0.95% |
| 2009-12-31 | €22.54 Million ≈ $26.35 Million |
+1.48% |
| 2008-12-31 | €22.21 Million ≈ $25.97 Million |
+7.60% |
| 2007-12-31 | €20.64 Million ≈ $24.13 Million |
+6.36% |
| 2006-12-31 | €19.41 Million ≈ $22.69 Million |
+5.01% |
| 2005-12-31 | €18.48 Million ≈ $21.61 Million |
+1.07% |
| 2004-12-31 | €18.29 Million ≈ $21.38 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to General Commercial & Industrial S.A'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 341.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €13.86 Million | 48.28% |
| Common Stock | €7.22 Million | 25.15% |
| Other Components | €7.63 Million | 26.58% |
| Total Equity | €28.70 Million | 100.00% |
General Commercial & Industrial S.A Competitors by Market Cap
The table below lists competitors of General Commercial & Industrial S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Me2on Co. Ltd
KQ:201490
|
$56.55 Million |
|
ICD Co. Ltd
KQ:040910
|
$56.55 Million |
|
Chi Sheng Chemical
TWO:4111
|
$56.55 Million |
|
Unigold Inc.
V:UGD
|
$56.57 Million |
|
SECURE INC.
F:Q58
|
$56.52 Million |
|
LEIFRAS Co., Ltd. American Depositary Shares
NASDAQ:LFS
|
$56.51 Million |
|
Sahamit Machinery Public Company Limited
BK:SMIT
|
$56.50 Million |
|
TMP Steel
TWO:6248
|
$56.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in General Commercial & Industrial S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 26,093,350 to 28,703,720, a change of 2,610,370 (10.0%).
- Net income of 3,891,240 contributed positively to equity growth.
- Dividend payments of 1,320,191 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.89 Million | +13.56% |
| Dividends Paid | €1.32 Million | -4.6% |
| Other Changes | €39.32K | +0.14% |
| Total Change | €- | 10.00% |
Book Value vs Market Value Analysis
This analysis compares General Commercial & Industrial S.A'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: 1.99x
- 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 2.39x to 1.99x 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 | €1.00 | €2.38 | x |
| 2021-12-31 | €1.08 | €2.38 | x |
| 2022-12-31 | €1.19 | €2.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently General Commercial & Industrial S.A 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): 13.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.28%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.30x
- Recent ROE (13.56%) is above the historical average (6.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 11.86% | 6.16% | 0.91x | 2.11x | €330.40K |
| 2005 | 7.49% | 3.97% | 0.83x | 2.27x | €-449.60K |
| 2006 | 7.97% | 3.77% | 0.83x | 2.54x | €-381.00K |
| 2007 | 9.44% | 4.54% | 0.79x | 2.63x | €-111.90K |
| 2008 | 10.32% | 5.15% | 0.89x | 2.26x | €68.20K |
| 2009 | 4.72% | 2.93% | 0.81x | 1.98x | €-1.15 Million |
| 2010 | 0.49% | 0.37% | 0.72x | 1.84x | €-2.04 Million |
| 2011 | 4.52% | 3.14% | 0.85x | 1.69x | €-1.23 Million |
| 2013 | 2.75% | 2.41% | 0.74x | 1.54x | €-1.64 Million |
| 2014 | 2.76% | 2.52% | 0.73x | 1.49x | €-1.64 Million |
| 2015 | 2.87% | 2.78% | 0.73x | 1.42x | €-1.63 Million |
| 2016 | 2.62% | 2.47% | 0.75x | 1.41x | €-1.67 Million |
| 2017 | 3.02% | 2.98% | 0.76x | 1.33x | €-1.61 Million |
| 2018 | 4.13% | 3.55% | 0.84x | 1.38x | €-1.37 Million |
| 2019 | 4.72% | 3.44% | 0.99x | 1.39x | €-1.25 Million |
| 2020 | 4.39% | 3.43% | 0.90x | 1.43x | €-1.35 Million |
| 2021 | 11.21% | 7.03% | 1.17x | 1.37x | €315.94K |
| 2022 | 13.56% | 9.28% | 1.12x | 1.30x | €1.02 Million |
Industry Comparison
This section compares General Commercial & Industrial S.A's net assets metrics with peer companies in the Industrial Distribution industry.
No peer company data available for comparison.
About General Commercial & Industrial S.A
General Commercial & Industrial S.A. supplies industrial and hydraulic equipment in Greece and East European countries. It offers pipes, fittings, flanges, valves, building-HVAC, manhole covers and gratings, and other products, such as water meters, electrodes, compressed soft fiber and spiral wound gaskets, ring joints, stud bolts with nuts, dismantling and expansion joints, and hand and power t… Read more