361 Degrees International Limited (36L) - Net Assets
Based on the latest financial reports, 361 Degrees International Limited (36L) has net assets worth €10.52 Billion EUR (≈ $12.30 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.13 Billion ≈ $16.52 Billion USD) and total liabilities (€3.61 Billion ≈ $4.22 Billion 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 tangible net worth ratio of 361 Degrees International Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €10.52 Billion |
| % of Total Assets | 74.44% |
| Annual Growth Rate | 6.85% |
| 5-Year Change | 29.91% |
| 10-Year Change | 83.16% |
| Growth Volatility | 4.75 |
361 Degrees International Limited - Net Assets Trend (2013–2024)
This chart illustrates how 361 Degrees International Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of 361 Degrees International Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for 361 Degrees International Limited (2013–2024)
The table below shows the annual net assets of 361 Degrees International Limited from 2013 to 2024. For live valuation and market cap data, see 36L market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €9.83 Billion ≈ $11.49 Billion |
+1.09% |
| 2023-12-31 | €9.72 Billion ≈ $11.37 Billion |
+3.24% |
| 2022-12-31 | €9.42 Billion ≈ $11.01 Billion |
+10.08% |
| 2021-12-31 | €8.56 Billion ≈ $10.00 Billion |
+13.08% |
| 2020-12-31 | €7.57 Billion ≈ $8.85 Billion |
+13.62% |
| 2019-12-31 | €6.66 Billion ≈ $7.79 Billion |
+12.97% |
| 2018-12-31 | €5.89 Billion ≈ $6.89 Billion |
+1.08% |
| 2017-12-31 | €5.83 Billion ≈ $6.82 Billion |
+7.64% |
| 2016-12-31 | €5.42 Billion ≈ $6.33 Billion |
+0.96% |
| 2015-12-31 | €5.37 Billion ≈ $6.27 Billion |
+6.54% |
| 2014-12-31 | €5.04 Billion ≈ $5.89 Billion |
+6.25% |
| 2013-12-31 | €4.74 Billion ≈ $5.54 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to 361 Degrees International Limited'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 95.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.87 Billion | 83.94% |
| Other Components | €1.51 Billion | 16.06% |
| Total Equity | €9.38 Billion | 100.00% |
361 Degrees International Limited Competitors by Market Cap
The table below lists competitors of 361 Degrees International Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FuelCell Energy Inc
NASDAQ:FCEL
|
$1.20 Billion |
|
MCEWEN MINING INC.
F:US8
|
$1.20 Billion |
|
X Fab Silicon Foundries EV
PA:XFAB
|
$1.20 Billion |
|
Rimon Consulting & Management Services Ltd
TA:RMON
|
$1.20 Billion |
|
Rush Enterprises B Inc
NASDAQ:RUSHB
|
$1.20 Billion |
|
Shanghai Cooltech Power Co Ltd
SHE:300153
|
$1.20 Billion |
|
Aavas Financiers Limited
NSE:AAVAS
|
$1.19 Billion |
|
Daou Tech
KO:023590
|
$1.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 361 Degrees International Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,082,367,000 to 9,375,242,000, a change of 292,875,000 (3.2%).
- Net income of 1,148,615,000 contributed positively to equity growth.
- Dividend payments of 580,366,000 reduced retained earnings.
- Other factors decreased equity by 275,374,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.15 Billion | +12.25% |
| Dividends Paid | €580.37 Million | -6.19% |
| Other Changes | €-275.37 Million | -2.94% |
| Total Change | €- | 3.22% |
Book Value vs Market Value Analysis
This analysis compares 361 Degrees International Limited'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: 0.11x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.76 | €0.49 | x |
| 2018-12-31 | €2.79 | €0.49 | x |
| 2019-12-31 | €3.06 | €0.49 | x |
| 2020-12-31 | €3.20 | €0.49 | x |
| 2021-12-31 | €3.44 | €0.49 | x |
| 2022-12-31 | €3.84 | €0.49 | x |
| 2023-12-31 | €4.39 | €0.49 | x |
| 2024-12-31 | €4.53 | €0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 361 Degrees International Limited 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): 12.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.40%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.43x
- Recent ROE (12.25%) is above the historical average (8.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.52% | 5.90% | 0.50x | 1.52x | €-256.37 Million |
| 2014 | 8.01% | 10.18% | 0.46x | 1.72x | €-98.86 Million |
| 2015 | 9.80% | 11.61% | 0.51x | 1.66x | €-10.62 Million |
| 2016 | 7.59% | 8.02% | 0.48x | 1.98x | €-127.67 Million |
| 2017 | 8.00% | 8.85% | 0.46x | 1.95x | €-113.94 Million |
| 2018 | 5.26% | 5.85% | 0.43x | 2.07x | €-273.10 Million |
| 2019 | 6.84% | 7.68% | 0.47x | 1.88x | €-199.85 Million |
| 2020 | 6.28% | 8.10% | 0.44x | 1.76x | €-245.83 Million |
| 2021 | 8.45% | 10.14% | 0.53x | 1.58x | €-109.98 Million |
| 2022 | 9.41% | 10.73% | 0.56x | 1.57x | €-47.24 Million |
| 2023 | 10.59% | 11.41% | 0.64x | 1.44x | €53.19 Million |
| 2024 | 12.25% | 11.40% | 0.75x | 1.43x | €211.09 Million |
Industry Comparison
This section compares 361 Degrees International Limited's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $36,283,645,630
- Average return on equity (ROE) among peers: 11.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 361 Degrees International Limited (36L) | €10.52 Billion | 4.52% | 0.34x | $1.20 Billion |
| adidas AG (ADS) | $4.92 Billion | -1.52% | 2.66x | $25.34 Billion |
| adidas AG (ADS1) | $6.46 Billion | 15.76% | 1.35x | $24.65 Billion |
| ASICS CORP.(UNSP.ADR)/1 (ASI) | $234.94 Billion | 27.16% | 1.21x | $17.00 Billion |
| GROUNDED PEOPLE APPAREL (K1G) | $-432.59K | 0.00% | 0.00x | $642.43K |
| Phillips 66 (PSX) | $4.65 Billion | -8.15% | 0.45x | $84.09 Million |
| PUMA SE (PUM) | $191.23 Million | 35.39% | 0.81x | $2.72 Billion |
| PUMA SE UNSP.ADR 1/10 (PUMA) | $2.83 Billion | 9.96% | 1.52x | $2.26 Billion |
About 361 Degrees International Limited
361 Degrees International Limited, an investment holding company, manufactures and trades in sporting goods in the People's Republic of China. It operates through two segments: Adults and Kids. The company offers adult and children footwear, apparel, and accessories for sports and life under the 361º core and 361º Kids brands. It also manufactures and trades in shoes soles; trades in children spo… Read more