Lanakam S.A (LANAC) - Net Assets
Based on the latest financial reports, Lanakam S.A (LANAC) has net assets worth €9.33 Million EUR (≈ $10.90 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.20 Million ≈ $16.60 Million USD) and total liabilities (€4.87 Million ≈ $5.70 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. Check asset resilience ratio of Lanakam S.A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €9.33 Million |
| % of Total Assets | 65.68% |
| Annual Growth Rate | -1.34% |
| 5-Year Change | 20.35% |
| 10-Year Change | -24.35% |
| Growth Volatility | 9.94 |
Lanakam S.A - Net Assets Trend (2014–2024)
This chart illustrates how Lanakam S.A's net assets have evolved over time, based on quarterly financial data. Also explore LANAC asset base for the complete picture of this company's asset base.
Annual Net Assets for Lanakam S.A (2014–2024)
The table below shows the annual net assets of Lanakam S.A from 2014 to 2024. For live valuation and market cap data, see LANAC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €9.33 Million ≈ $10.90 Million |
+3.16% |
| 2023-12-31 | €9.04 Million ≈ $10.57 Million |
+7.05% |
| 2022-12-31 | €8.45 Million ≈ $9.87 Million |
+2.60% |
| 2021-12-31 | €8.23 Million ≈ $9.62 Million |
+6.23% |
| 2020-12-31 | €7.75 Million ≈ $9.06 Million |
-3.41% |
| 2019-12-31 | €8.02 Million ≈ $9.38 Million |
-18.23% |
| 2018-12-31 | €9.81 Million ≈ $11.47 Million |
-17.33% |
| 2017-12-31 | €11.87 Million ≈ $13.88 Million |
-2.34% |
| 2016-12-31 | €12.15 Million ≈ $14.21 Million |
-1.43% |
| 2015-12-31 | €12.33 Million ≈ $14.41 Million |
+15.45% |
| 2014-12-31 | €10.68 Million ≈ $12.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lanakam 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 decreased by 389.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €12.98 Million | 139.22% |
| Total Equity | €9.33 Million | 100.00% |
Lanakam S.A Competitors by Market Cap
The table below lists competitors of Lanakam S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lianhua Supermarket Holdings Co. Ltd
F:LSJ
|
$7.19 Million |
|
Wah Fu Education Group Ltd
NASDAQ:WAFU
|
$7.19 Million |
|
Advanced Biomed Inc. Common Stock
NASDAQ:ADVB
|
$7.19 Million |
|
Onelife Capital Advisors Limited
NSE:ONELIFECAP
|
$7.19 Million |
|
Transcode Therapeutics Inc
NASDAQ:RNAZ
|
$7.18 Million |
|
EVE Health Group Limited
AU:EVE
|
$7.17 Million |
|
Swift Tv Ltd
AU:STV
|
$7.17 Million |
|
DTI Group Ltd
AU:DTI
|
$7.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lanakam S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,041,114 to 9,326,753, a change of 285,640 (3.2%).
- Net income of 293,736 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €293.74K | +3.15% |
| Other Changes | €-8.10K | -0.09% |
| Total Change | €- | 3.16% |
Book Value vs Market Value Analysis
This analysis compares Lanakam 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: 0.82x
- 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 | €1.65 | €1.29 | x |
| 2019-12-31 | €1.35 | €1.29 | x |
| 2020-12-31 | €1.30 | €1.29 | x |
| 2021-12-31 | €1.39 | €1.29 | x |
| 2022-12-31 | €1.42 | €1.29 | x |
| 2023-12-31 | €1.52 | €1.29 | x |
| 2024-12-31 | €1.57 | €1.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lanakam 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): 3.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.08%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.52x
- Recent ROE (3.15%) is above the historical average (-0.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -1.31% | -6.93% | 0.16x | 1.17x | €-1.21 Million |
| 2015 | -1.51% | -9.21% | 0.14x | 1.16x | €-1.42 Million |
| 2016 | -1.40% | -9.96% | 0.12x | 1.16x | €-1.38 Million |
| 2017 | -2.59% | -15.20% | 0.14x | 1.19x | €-1.49 Million |
| 2018 | -8.64% | -41.93% | 0.17x | 1.21x | €-1.83 Million |
| 2019 | -7.22% | -32.66% | 0.15x | 1.49x | €-1.38 Million |
| 2020 | -3.13% | -16.84% | 0.12x | 1.58x | €-1.02 Million |
| 2021 | 4.08% | 18.76% | 0.15x | 1.49x | €-486.97K |
| 2022 | 2.79% | 11.94% | 0.15x | 1.52x | €-608.96K |
| 2023 | 5.71% | 21.07% | 0.18x | 1.51x | €-387.97K |
| 2024 | 3.15% | 12.08% | 0.17x | 1.52x | €-638.94K |
Industry Comparison
This section compares Lanakam S.A's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $81,277,978
- Average return on equity (ROE) among peers: 10.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lanakam S.A (LANAC) | €9.33 Million | -1.31% | 0.52x | $7.19 Million |
| Biokarpet S.A. (BIOKA) | $29.00 Million | 4.27% | 3.69x | $42.22 Million |
| EL. D. Mouzakis S.A (MOYZK) | $33.63 Million | 1.15% | 0.71x | $22.54 Million |
| Nafpaktos Textile Industry S.A (NAYP) | $10.24 Million | 7.54% | 1.37x | $15.08 Million |
| Thrace Plastics Holding and Commercial S.A (PLAT) | $252.25 Million | 28.55% | 0.61x | $175.37 Million |
About Lanakam S.A
Lanakam S.A. distributes clothing, footwear, and accessories in Greece and Cyprus. The company primarily distributes Coccinelle, Guess, Nice things, Fracomina, Relish, Zeybra Portofino, Silvian Heach, Liebeskind, ALOHAS, Bikkembergs, Goa Goa, and NAF NAF branded apparel. It also operates mono-brand and multi-brand fashion stores, as well as online stores; owns and rents real estate properties; an… Read more