SKY LIGHT HOLDINGS LTD (27L) - Net Assets
Based on the latest financial reports, SKY LIGHT HOLDINGS LTD (27L) has net assets worth €30.18 Million EUR (≈ $35.28 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€256.27 Million ≈ $299.60 Million USD) and total liabilities (€226.09 Million ≈ $264.32 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 SKY LIGHT HOLDINGS LTD asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €30.18 Million |
| % of Total Assets | 11.78% |
| Annual Growth Rate | -36.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.94 |
SKY LIGHT HOLDINGS LTD - Net Assets Trend (2021–2024)
This chart illustrates how SKY LIGHT HOLDINGS LTD's net assets have evolved over time, based on quarterly financial data. Also explore 27L total asset value for the complete picture of this company's asset base.
Annual Net Assets for SKY LIGHT HOLDINGS LTD (2021–2024)
The table below shows the annual net assets of SKY LIGHT HOLDINGS LTD from 2021 to 2024. For live valuation and market cap data, see 27L company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €57.49 Million ≈ $67.21 Million |
-32.49% |
| 2023-12-31 | €85.15 Million ≈ $99.55 Million |
-47.65% |
| 2022-12-31 | €162.66 Million ≈ $190.16 Million |
-26.39% |
| 2021-12-31 | €220.97 Million ≈ $258.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SKY LIGHT HOLDINGS LTD'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 13877400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €953.48 Million | 1030.34% |
| Total Equity | €92.54 Million | 100.00% |
SKY LIGHT HOLDINGS LTD Competitors by Market Cap
The table below lists competitors of SKY LIGHT HOLDINGS LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Otto Holding AS
IS:OTTO
|
$51.90 Million |
|
Sharps Technology Inc
NASDAQ:STSS
|
$51.94 Million |
|
As Commercial Industrial Company of Computers and Toys S.A.
AT:ASCO
|
$51.97 Million |
|
Duck Yang Ind
KO:024900
|
$51.97 Million |
|
Chia Her Industrial Co Ltd
TW:1449
|
$51.86 Million |
|
Korea Electronic Certification Authority Inc
KQ:041460
|
$51.86 Million |
|
DarioHealth Corp
NASDAQ:DRIO
|
$51.83 Million |
|
Mink Therapeutics Inc
NASDAQ:INKT
|
$51.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SKY LIGHT HOLDINGS LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 142,647,000 to 92,540,000, a change of -50,107,000 (-35.1%).
- Net loss of 65,996,000 reduced equity.
- Other factors increased equity by 15,889,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-66.00 Million | -71.32% |
| Other Changes | €15.89 Million | +17.17% |
| Total Change | €- | -35.13% |
Book Value vs Market Value Analysis
This analysis compares SKY LIGHT HOLDINGS LTD'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: 0.50x
- 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 0.20x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.23 | €0.05 | x |
| 2022-12-31 | €0.18 | €0.05 | x |
| 2023-12-31 | €0.14 | €0.05 | x |
| 2024-12-31 | €0.09 | €0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SKY LIGHT HOLDINGS LTD 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): -71.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.27%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 2.77x
- Recent ROE (-71.32%) is below the historical average (-36.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -1.74% | -0.54% | 1.45x | 2.23x | €-26.05 Million |
| 2022 | -14.61% | -6.03% | 1.18x | 2.06x | €-42.33 Million |
| 2023 | -57.13% | -26.44% | 0.97x | 2.23x | €-95.76 Million |
| 2024 | -71.32% | -22.27% | 1.16x | 2.77x | €-75.25 Million |
Industry Comparison
This section compares SKY LIGHT HOLDINGS LTD's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $20,351,774,997
- Average return on equity (ROE) among peers: -38.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SKY LIGHT HOLDINGS LTD (27L) | €30.18 Million | -1.74% | 7.49x | $51.89 Million |
| SuperCom Ltd (50S) | $4.39 Million | -230.83% | 8.59x | $32.97 Million |
| SDM SE INH O.N. (75S) | $4.62 Million | 7.09% | 0.07x | $506.38K |
| SDM SE (75S) | $30.00K | 0.00% | 0.00x | $711.13K |
| ABB PAR AB B ADR/1/2/SK 1 (ALZ) | $101.72 Billion | 14.45% | 1.05x | $37.49 Billion |
| Mobotix AG (MBQ) | $30.83 Million | 15.17% | 1.06x | $17.53 Million |
About SKY LIGHT HOLDINGS LTD
Sky Light Holdings Limited, an investment holding company, manufactures and distributes home surveillance cameras, digital imaging products, and other related products in the United States, Mainland China, the European Union, Hong Kong, and internationally. It offers digital imaging products, such as 4K 360-degree VR camera solution, dash cameras, body worn cameras, and action cameras; and home i… Read more