B&C Speakers S.p.A
B&C Speakers S.p.A. engages in the production and marketing of professional loudspeakers under the B&C brand name in Italy, Latin America, Europe, North America, the Middle East, Africa, and Asia-Pacific. The company offers a range of products, such as low-frequency and high-frequency drivers, tweeters, coaxial components, high-frequency coaxials, horns, triaxials, horn driver combination, and cr… Read more
B&C Speakers S.p.A (37B) - Net Assets
Latest net assets as of September 2025: €53.73 Million EUR
Based on the latest financial reports, B&C Speakers S.p.A (37B) has net assets worth €53.73 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€92.31 Million) and total liabilities (€38.58 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 | €53.73 Million |
| % of Total Assets | 58.2% |
| Annual Growth Rate | 11.38% |
| 5-Year Change | 110.58% |
| 10-Year Change | 204.96% |
| Growth Volatility | 13.65 |
B&C Speakers S.p.A - Net Assets Trend (2013–2024)
This chart illustrates how B&C Speakers S.p.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for B&C Speakers S.p.A (2013–2024)
The table below shows the annual net assets of B&C Speakers S.p.A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €55.20 Million | +19.44% |
| 2023-12-31 | €46.21 Million | +25.94% |
| 2022-12-31 | €36.69 Million | +29.31% |
| 2021-12-31 | €28.38 Million | +8.26% |
| 2020-12-31 | €26.21 Million | +2.33% |
| 2019-12-31 | €25.61 Million | +12.83% |
| 2018-12-31 | €22.70 Million | +27.43% |
| 2017-12-31 | €17.81 Million | -18.57% |
| 2016-12-31 | €21.88 Million | +20.87% |
| 2015-12-31 | €18.10 Million | +3.82% |
| 2014-12-31 | €17.43 Million | +3.36% |
| 2013-12-31 | €16.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to B&C Speakers S.p.A'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 331.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €49.26 Million | 89.25% |
| Other Components | €5.93 Million | 10.75% |
| Total Equity | €55.20 Million | 100.00% |
B&C Speakers S.p.A Competitors by Market Cap
The table below lists competitors of B&C Speakers S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SILICOM LTD IS-01
F:S1L
|
$69.80 Million |
|
ZTEST
BATS:ZTEST
|
$69.82 Million |
|
PLAYWAY S.A. ZY-10
F:6P5
|
$69.84 Million |
|
Globalworth REIT
LSE:GWI
|
$69.85 Million |
|
Paramount Corporation Bhd
KLSE:1724
|
$69.73 Million |
|
CORZR
PINK:CORZR
|
$69.73 Million |
|
Amosense Co. Ltd.
KQ:357580
|
$69.71 Million |
|
Cashbox Partyworld Co. Ltd.
TWO:8359
|
$69.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B&C Speakers S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,210,335 to 55,195,227, a change of 8,984,892 (19.4%).
- Net income of 17,796,943 contributed positively to equity growth.
- Dividend payments of 7,680,269 reduced retained earnings.
- Other factors decreased equity by 1,131,782.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €17.80 Million | +32.24% |
| Dividends Paid | €7.68 Million | -13.91% |
| Other Changes | €-1.13 Million | -2.05% |
| Total Change | €- | 19.44% |
Book Value vs Market Value Analysis
This analysis compares B&C Speakers S.p.A'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: 2.62x
- 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 8.17x to 2.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.62 | €13.25 | x |
| 2018-12-31 | €2.06 | €13.25 | x |
| 2019-12-31 | €2.33 | €13.25 | x |
| 2020-12-31 | €2.41 | €13.25 | x |
| 2021-12-31 | €2.61 | €13.25 | x |
| 2022-12-31 | €3.39 | €13.25 | x |
| 2023-12-31 | €4.20 | €13.25 | x |
| 2024-12-31 | €5.06 | €13.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B&C Speakers S.p.A 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): 32.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.73%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.58x
- Recent ROE (32.24%) is above the historical average (28.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 26.76% | 13.98% | 1.40x | 1.37x | €2.83 Million |
| 2014 | 26.00% | 13.83% | 1.06x | 1.78x | €2.79 Million |
| 2015 | 27.50% | 13.60% | 1.33x | 1.52x | €3.17 Million |
| 2016 | 27.96% | 15.92% | 1.22x | 1.43x | €3.93 Million |
| 2017 | 34.98% | 15.46% | 0.94x | 2.42x | €4.45 Million |
| 2018 | 41.07% | 17.11% | 1.20x | 2.00x | €7.05 Million |
| 2019 | 33.62% | 15.24% | 1.08x | 2.04x | €6.05 Million |
| 2020 | 7.31% | 5.89% | 0.61x | 2.02x | €-704.52K |
| 2021 | 17.53% | 10.80% | 0.72x | 2.25x | €2.14 Million |
| 2022 | 33.37% | 14.86% | 1.03x | 2.18x | €8.57 Million |
| 2023 | 30.28% | 14.88% | 1.09x | 1.87x | €9.37 Million |
| 2024 | 32.24% | 17.73% | 1.15x | 1.58x | €12.28 Million |
Industry Comparison
This section compares B&C Speakers S.p.A's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $12,101,032,936
- Average return on equity (ROE) among peers: 4.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B&C Speakers S.p.A (37B) | €53.73 Million | 26.76% | 0.72x | $69.79 Million |
| Maxell Holdings Ltd (0H2) | $83.60 Billion | -11.21% | 1.11x | $368.08 Million |
| We.Connect SA (77P) | $36.13 Million | 17.59% | 2.74x | $12.78 Million |
| artec technologies AG (A6T) | $3.88 Million | 1.10% | 0.07x | $18.73K |
| Fujikon Industrial Holdings Limited (FUK) | $672.04 Million | 2.55% | 0.40x | $9.43 Million |
| Medion AG (MDN) | $364.82 Million | 25.04% | 1.30x | $12.96 Million |
| TC Unterhaltungselektronik AG (TCU) | $506.08K | 20.27% | 2.03x | $34.60K |
| AB Snaige (ZS4) | $32.85 Million | -26.82% | 2.14x | $318.54K |