Bitros Holding S.A (MPITR) - Net Assets

Latest as of December 2022: €-81.38 Million EUR ≈ $-95.15 Million USD

Based on the latest financial reports, Bitros Holding S.A (MPITR) has net assets worth €-81.38 Million EUR (≈ $-95.15 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 (€82.45 Million ≈ $96.39 Million USD) and total liabilities (€163.83 Million ≈ $191.54 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 financial resilience of Bitros Holding S.A to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€-81.38 Million
% of Total Assets	-98.71%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	122.26

Bitros Holding S.A - Net Assets Trend (2014–2022)

This chart illustrates how Bitros Holding S.A's net assets have evolved over time, based on quarterly financial data. Also explore MPITR total asset value for the complete picture of this company's asset base.

Annual Net Assets for Bitros Holding S.A (2014–2022)

The table below shows the annual net assets of Bitros Holding S.A from 2014 to 2022. For live valuation and market cap data, see MPITR market cap.

Year	Net Assets	Change
2022-12-31	€-81.38 Million ≈ $-95.15 Million	-8.15%
2021-12-31	€-75.25 Million ≈ $-87.98 Million	-22.10%
2020-12-31	€-61.63 Million ≈ $-72.05 Million	-27.14%
2019-12-31	€-48.47 Million ≈ $-56.67 Million	-74.72%
2018-12-31	€-27.74 Million ≈ $-32.44 Million	-178.19%
2017-12-31	€-9.97 Million ≈ $-11.66 Million	-309.59%
2016-12-31	€4.76 Million ≈ $5.56 Million	-67.83%
2015-12-31	€14.79 Million ≈ $17.29 Million	-35.66%
2014-12-31	€22.99 Million ≈ $26.88 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bitros Holding 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 6377877200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2022)

Component	Amount	Percentage
Common Stock	€23.92 Million	%
Other Components	€11.62 Million	%
Total Equity	€-81.38 Million	100.00%

Bitros Holding S.A Competitors by Market Cap

The table below lists competitors of Bitros Holding S.A ranked by their market capitalization.

Company	Market Cap
AB Effectenbeteiligungen AG STU:JPH	$8.08 Million
Synaptogenix Inc NASDAQ:SNPX	$8.09 Million
EA Holdings Bhd KLSE:0154	$8.10 Million
Lincoln Mining Corp V:LMG	$8.10 Million
Muza S.A WAR:MZA	$8.08 Million
Proodeftiki S.A. AT:PRD	$8.07 Million
Discoverie Group PLC LSE:DSCV	$8.07 Million
Presurance Holdings, Inc. NASDAQ:PRHI	$8.07 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bitros Holding S.A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2021 to 2022, total equity changed from -75,250,020 to -81,383,870, a change of -6,133,850.
Net loss of 6,949,010 reduced equity.
Dividend payments of 200,000 reduced retained earnings.
Other factors increased equity by 1,015,160.

Equity Change Factors (2021 to 2022)

Factor	Impact	Contribution
Net Income	€-6.95 Million	-8.54%
Dividends Paid	€200.00K	-0.25%
Other Changes	€1.02 Million	+1.25%
Total Change	€-	%

Book Value vs Market Value Analysis

This analysis compares Bitros Holding 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-12-31	€-3.89	€0.51	x
2021-12-31	€-4.75	€0.51	x
2022-12-31	€-5.14	€0.51	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bitros Holding 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -77.56%
• Asset Turnover: 0.11x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-31.41%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-51.75%	-16.00%	0.40x	8.12x	€-13.12 Million
2015	-62.51%	-16.60%	0.31x	12.27x	€-9.45 Million
2016	-168.43%	-19.63%	0.27x	31.87x	€-8.49 Million
2017	0.00%	-36.66%	0.29x	0.00x	€-13.70 Million
2018	0.00%	-33.79%	0.31x	0.00x	€-10.08 Million
2019	0.00%	-294.44%	0.06x	0.00x	€-15.86 Million
2020	0.00%	-192.25%	0.08x	0.00x	€-8.29 Million
2021	0.00%	-20.32%	0.12x	0.00x	€5.47 Million
2022	0.00%	-77.56%	0.11x	0.00x	€1.19 Million

Industry Comparison

This section compares Bitros Holding S.A's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $1,052,018,000
Average return on equity (ROE) among peers: 9.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bitros Holding S.A (MPITR)	€-81.38 Million	-51.75%	N/A	$8.08 Million
Elvalhalcor Hellenic Copper and Aluminium Industry S.A (ELHA)	$1.05 Billion	9.81%	1.32x	$1.76 Billion

About Bitros Holding S.A

AT:MPITR Greece Metal Fabrication

Market Cap

$9.45 Million

€8.08 Million EUR

Market Cap Rank

#27373 Global

#100 in Greece

Share Price

€0.51

Change (1 day)

+0.00%

52-Week Range

€0.51 - €0.51

All Time High

€0.83