SMARTPAY HLDG
SMARTPAY HLDG operates in Diversified Metals & Mining.
SMARTPAY HLDG (KX2) - Net Assets
Latest net assets as of March 2024: €52.40 Million EUR
Based on the latest financial reports, SMARTPAY HLDG (KX2) has net assets worth €52.40 Million EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€151.58 Million) and total liabilities (€99.18 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 | €52.40 Million |
| % of Total Assets | 34.57% |
| Annual Growth Rate | 21.24% |
| 5-Year Change | 413.03% |
| 10-Year Change | N/A |
| Growth Volatility | 59.61 |
SMARTPAY HLDG - Net Assets Trend (2017–2024)
This chart illustrates how SMARTPAY HLDG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SMARTPAY HLDG (2017–2024)
The table below shows the annual net assets of SMARTPAY HLDG from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €52.40 Million | +23.85% |
| 2023-03-31 | €42.30 Million | +17.28% |
| 2022-03-31 | €36.07 Million | +31.01% |
| 2021-03-31 | €27.53 Million | +169.60% |
| 2020-03-31 | €10.21 Million | -25.16% |
| 2019-03-31 | €13.65 Million | -14.79% |
| 2018-03-31 | €16.02 Million | +17.68% |
| 2017-03-31 | €13.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SMARTPAY HLDG'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 228300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €95.34 Million | 181.97% |
| Total Equity | €52.40 Million | 100.00% |
SMARTPAY HLDG Competitors by Market Cap
The table below lists competitors of SMARTPAY HLDG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hana Microelectronics PCL
STU:HAA1
|
$6.06K |
|
SuperQ Quantum Computing Inc.
F:25X
|
$6.06K |
|
LUXM4F
SA:LUXM4F
|
$6.06K |
|
SHS
VN:SHS
|
$6.06K |
|
PETROLEUM GENE
VN:PSD
|
$6.06K |
|
TELECOM ITALIA - Dusseldorf Stock Exchang
DU:TQI
|
$6.05K |
|
SC EXPRESSWAY -H-
MU:EXF1
|
$6.05K |
|
HUD - TASCO
VN:HUT
|
$6.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SMARTPAY HLDG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,305,000 to 52,396,000, a change of 10,091,000 (23.9%).
- Net income of 8,406,000 contributed positively to equity growth.
- Other factors increased equity by 1,685,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.41 Million | +16.04% |
| Other Changes | €1.69 Million | +3.22% |
| Total Change | €- | 23.85% |
Book Value vs Market Value Analysis
This analysis compares SMARTPAY HLDG'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: 2.68x
- 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 7.45x to 2.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €0.08 | €0.59 | x |
| 2018-03-31 | €0.09 | €0.59 | x |
| 2019-03-31 | €0.08 | €0.59 | x |
| 2020-03-31 | €0.06 | €0.59 | x |
| 2021-03-31 | €0.12 | €0.59 | x |
| 2022-03-31 | €0.15 | €0.59 | x |
| 2023-03-31 | €0.18 | €0.59 | x |
| 2024-03-31 | €0.22 | €0.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SMARTPAY HLDG 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): 16.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.73%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.89x
- Recent ROE (16.04%) is above the historical average (-4.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 16.19% | 10.55% | 0.47x | 3.28x | €842.10K |
| 2018 | 15.76% | 12.41% | 0.44x | 2.91x | €922.50K |
| 2019 | -13.39% | -8.79% | 0.38x | 4.04x | €-3.19 Million |
| 2020 | -43.79% | -15.96% | 0.60x | 4.54x | €-5.49 Million |
| 2021 | -55.20% | -45.09% | 0.58x | 2.10x | €-17.95 Million |
| 2022 | 8.61% | 6.47% | 0.68x | 1.96x | €-503.20K |
| 2023 | 19.99% | 10.91% | 0.88x | 2.09x | €4.23 Million |
| 2024 | 16.04% | 8.73% | 0.64x | 2.89x | €3.17 Million |
Industry Comparison
This section compares SMARTPAY HLDG'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 |
|---|---|---|---|---|
| SMARTPAY HLDG (KX2) | €52.40 Million | 16.19% | 1.89x | $6.06K |
| 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 |