BROADWIND ENRGY
BROADWIND ENRGY operates in Diversified Metals & Mining.
BROADWIND ENRGY (9IRA) - Net Assets
Latest net assets as of June 2024: €59.05 Million EUR
Based on the latest financial reports, BROADWIND ENRGY (9IRA) has net assets worth €59.05 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€122.53 Million) and total liabilities (€63.48 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 | €59.05 Million |
| % of Total Assets | 48.19% |
| Annual Growth Rate | -2.85% |
| 5-Year Change | 37.44% |
| 10-Year Change | N/A |
| Growth Volatility | 20.63 |
BROADWIND ENRGY - Net Assets Trend (2016–2023)
This chart illustrates how BROADWIND ENRGY's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BROADWIND ENRGY (2016–2023)
The table below shows the annual net assets of BROADWIND ENRGY from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €56.02 Million | +21.06% |
| 2022-12-31 | €46.27 Million | -14.52% |
| 2021-12-31 | €54.13 Million | +33.13% |
| 2020-12-31 | €40.66 Million | -0.24% |
| 2019-12-31 | €40.76 Million | -6.00% |
| 2018-12-31 | €43.36 Million | -34.37% |
| 2017-12-31 | €66.07 Million | -3.66% |
| 2016-12-31 | €68.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BROADWIND ENRGY'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 3303100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €397.52 Million | 709.61% |
| Total Equity | €56.02 Million | 100.00% |
BROADWIND ENRGY Competitors by Market Cap
The table below lists competitors of BROADWIND ENRGY ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Motiva Infraestrutura de Mobilidade S.A.
SA:MOTV3
|
$24.84K |
|
CRAMC
NSE:CRAMC
|
$24.87K |
|
Taylor Maritime Investments Limited
LSE:TMIP
|
$24.88K |
|
GGPS3F
SA:GGPS3F
|
$24.89K |
|
Mutual Federal Bancorp Inc
PINK:MFDB
|
$24.78K |
|
EIFELHOEHEN-KLINIK
BE:EIF
|
$24.78K |
|
Coffeesmiths Collective Inc
PINK:COFE
|
$24.75K |
|
Beteiligungen im Baltikum AG
MU:BI7
|
$24.71K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BROADWIND ENRGY's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 46,273,000 to 56,019,000, a change of 9,746,000 (21.1%).
- Net income of 7,649,000 contributed positively to equity growth.
- Other factors increased equity by 2,097,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.65 Million | +13.65% |
| Other Changes | €2.10 Million | +3.74% |
| Total Change | €- | 21.06% |
Book Value vs Market Value Analysis
This analysis compares BROADWIND ENRGY'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: 1.00x
- 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.
- The price-to-book ratio has increased from 0.60x to 1.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.34 | €2.60 | x |
| 2018-12-31 | €2.76 | €2.60 | x |
| 2019-12-31 | €2.46 | €2.60 | x |
| 2020-12-31 | €2.40 | €2.60 | x |
| 2021-12-31 | €2.73 | €2.60 | x |
| 2022-12-31 | €2.22 | €2.60 | x |
| 2023-12-31 | €2.60 | €2.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BROADWIND ENRGY 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): 13.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.76%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 2.41x
- Recent ROE (13.65%) is above the historical average (-9.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.47% | 0.18% | 1.54x | 1.72x | €-6.54 Million |
| 2017 | -5.51% | -2.48% | 1.31x | 1.70x | €-10.25 Million |
| 2018 | -55.68% | -19.26% | 1.26x | 2.29x | €-28.48 Million |
| 2019 | -11.10% | -2.54% | 1.45x | 3.01x | €-8.60 Million |
| 2020 | -3.66% | -0.75% | 1.66x | 2.94x | €-5.55 Million |
| 2021 | 5.26% | 1.96% | 1.23x | 2.18x | €-2.57 Million |
| 2022 | -21.03% | -5.50% | 1.22x | 3.12x | €-14.36 Million |
| 2023 | 13.65% | 3.76% | 1.51x | 2.41x | €2.05 Million |
Industry Comparison
This section compares BROADWIND ENRGY's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BROADWIND ENRGY (9IRA) | €59.05 Million | 0.47% | 1.08x | $24.80K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |