BASSETT FURN IND
BASSETT FURN IND operates in Diversified Metals & Mining.
BASSETT FURN IND (BS1) - Net Assets
Latest net assets as of August 2024: €165.04 Million EUR
Based on the latest financial reports, BASSETT FURN IND (BS1) has net assets worth €165.04 Million EUR as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€335.86 Million) and total liabilities (€170.83 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 | €165.04 Million |
| % of Total Assets | 49.14% |
| Annual Growth Rate | 0.21% |
| 5-Year Change | 2.67% |
| 10-Year Change | N/A |
| Growth Volatility | 9.7 |
BASSETT FURN IND - Net Assets Trend (2016–2023)
This chart illustrates how BASSETT FURN IND's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BASSETT FURN IND (2016–2023)
The table below shows the annual net assets of BASSETT FURN IND from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-11-30 | €183.44 Million | -6.22% |
| 2022-11-30 | €195.61 Million | +20.20% |
| 2021-11-30 | €162.73 Million | +2.98% |
| 2020-11-30 | €158.03 Million | -11.55% |
| 2019-11-30 | €178.67 Million | -6.12% |
| 2018-11-30 | €190.31 Million | -0.60% |
| 2017-11-30 | €191.46 Million | +5.95% |
| 2016-11-30 | €180.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BASSETT FURN IND'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 7.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €139.35 Million | 75.97% |
| Other Components | €44.09 Million | 24.03% |
| Total Equity | €183.44 Million | 100.00% |
BASSETT FURN IND Competitors by Market Cap
The table below lists competitors of BASSETT FURN IND ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CLICKS GROUP
BE:N1C
|
$171.95K |
|
BAC-P-Q
NYSE:BAC-P-Q
|
$172.33K |
|
LG Electronics India Ltd
NSE:LGEINDIA
|
$172.44K |
|
LIFEWAY FOODS (LWF.SG)
STU:LWF
|
$172.51K |
|
Hanjin Heavy Industries & Construction Co. Ltd.
KQ:097230
|
$171.78K |
|
ePlay Digital Inc
PINK:EPYFF
|
$171.75K |
|
NTR Holding A/S
CO:NTR-B
|
$171.55K |
|
DDTN
BATS:DDTN
|
$171.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BASSETT FURN IND's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 195,609,000 to 183,441,000, a change of -12,168,000 (-6.2%).
- Net loss of 3,171,000 reduced equity.
- Dividend payments of 5,982,000 reduced retained earnings.
- Share repurchases of 4,176,000 reduced equity.
- New share issuances of 318,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.17 Million | -1.73% |
| Dividends Paid | €5.98 Million | -3.26% |
| Share Repurchases | €4.18 Million | -2.28% |
| Share Issuances | €318.00K | +0.17% |
| Other Changes | €843.00K | +0.46% |
| Total Change | €- | -6.22% |
Book Value vs Market Value Analysis
This analysis compares BASSETT FURN IND'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: 0.83x
- 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 decreased from 0.97x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | €17.83 | €17.32 | x |
| 2018-11-30 | €18.08 | €17.32 | x |
| 2019-11-30 | €17.66 | €17.32 | x |
| 2020-11-30 | €15.89 | €17.32 | x |
| 2021-11-30 | €16.66 | €17.32 | x |
| 2022-11-30 | €21.85 | €17.32 | x |
| 2023-11-30 | €20.92 | €17.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BASSETT FURN IND 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): -1.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.81%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.02x
- Recent ROE (-1.73%) is below the historical average (7.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.76% | 3.66% | 1.55x | 1.54x | €-2.24 Million |
| 2017 | 9.54% | 4.03% | 1.54x | 1.53x | €-890.00K |
| 2018 | 4.32% | 1.80% | 1.57x | 1.53x | €-10.81 Million |
| 2019 | -1.08% | -0.43% | 1.64x | 1.54x | €-19.80 Million |
| 2020 | -6.59% | -3.09% | 0.84x | 2.55x | €-26.22 Million |
| 2021 | 11.09% | 4.19% | 1.02x | 2.59x | €1.77 Million |
| 2022 | 33.41% | 13.46% | 1.20x | 2.08x | €45.78 Million |
| 2023 | -1.73% | -0.81% | 1.05x | 2.02x | €-21.52 Million |
Industry Comparison
This section compares BASSETT FURN IND's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BASSETT FURN IND (BS1) | €165.04 Million | 8.76% | 1.04x | $171.85K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |