JOY SPREADER GROUP INC. (5YN) - Net Assets
Based on the latest financial reports, JOY SPREADER GROUP INC. (5YN) has net assets worth €419.16 Million EUR (≈ $490.04 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€822.23 Million ≈ $961.27 Million USD) and total liabilities (€403.07 Million ≈ $471.23 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 JOY SPREADER GROUP INC. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €419.16 Million |
| % of Total Assets | 50.98% |
| Annual Growth Rate | -43.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.66 |
JOY SPREADER GROUP INC. - Net Assets Trend (2021–2024)
This chart illustrates how JOY SPREADER GROUP INC.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of JOY SPREADER GROUP INC. for the complete picture of this company's asset base.
Annual Net Assets for JOY SPREADER GROUP INC. (2021–2024)
The table below shows the annual net assets of JOY SPREADER GROUP INC. from 2021 to 2024. For live valuation and market cap data, see JOY SPREADER GROUP INC. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €419.16 Million ≈ $490.04 Million |
-73.41% |
| 2023-12-31 | €1.58 Billion ≈ $1.84 Billion |
-34.72% |
| 2022-12-31 | €2.41 Billion ≈ $2.82 Billion |
+4.14% |
| 2021-12-31 | €2.32 Billion ≈ $2.71 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to JOY SPREADER GROUP INC.'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 559.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.32 Billion | 461.28% |
| Total Equity | €502.64 Million | 100.00% |
JOY SPREADER GROUP INC. Competitors by Market Cap
The table below lists competitors of JOY SPREADER GROUP INC. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solueta Co Ltd
KQ:154040
|
$14.23 Million |
|
Nur Ink Innovations Ltd
TA:NURI
|
$14.23 Million |
|
Smartlink Holdings Limited
NSE:SMARTLINK
|
$14.24 Million |
|
Sambhaav Media Limited
NSE:SAMBHAAV
|
$14.24 Million |
|
Hampton Financial Corp
V:HFC
|
$14.22 Million |
|
Omineca Mining and Metals Ltd
V:OMM
|
$14.22 Million |
|
CAM Resources Bhd
KLSE:7128
|
$14.21 Million |
|
Voyageur Pharmaceuticals Ltd
V:VM
|
$14.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JOY SPREADER GROUP INC.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,599,342,000 to 502,645,000, a change of -1,096,697,000 (-68.6%).
- Net loss of 1,068,481,000 reduced equity.
- Other factors decreased equity by 28,216,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.07 Billion | -212.57% |
| Other Changes | €-28.22 Million | -5.61% |
| Total Change | €- | -68.57% |
Book Value vs Market Value Analysis
This analysis compares JOY SPREADER GROUP INC.'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: 0.05x
- 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 |
|---|---|---|---|
| 2021-12-31 | €1.09 | €0.01 | x |
| 2022-12-31 | €1.02 | €0.01 | x |
| 2023-12-31 | €0.67 | €0.01 | x |
| 2024-12-31 | €0.21 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JOY SPREADER GROUP INC. 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): -212.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -942.95%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.64x
- Recent ROE (-212.57%) is below the historical average (-66.28%), 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 | 10.55% | 17.53% | 0.57x | 1.06x | €12.82 Million |
| 2022 | -14.06% | -9.11% | 1.33x | 1.16x | €-580.85 Million |
| 2023 | -49.03% | -15.42% | 2.72x | 1.17x | €-944.10 Million |
| 2024 | -212.57% | -942.95% | 0.14x | 1.64x | €-1.12 Billion |
Industry Comparison
This section compares JOY SPREADER GROUP INC.'s net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,615,923,893
- Average return on equity (ROE) among peers: 5.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JOY SPREADER GROUP INC. (5YN) | €419.16 Million | 10.55% | 0.96x | $14.23 Million |
| WPP PLC ADR (0WPA) | $9.77 Billion | 14.33% | 2.54x | $3.69 Billion |
| ADTIGER CORP.LTD.DL-0005 (55U) | $196.12 Million | -5.54% | 2.42x | $16.15 Million |
| ad pepper media International N.V (APM) | $14.98 Million | 4.20% | 1.09x | $64.58 Million |
| Criteo S.A (CI5A) | $967.89 Million | 9.16% | 0.65x | $793.93 Million |
| DCI O.N. (DCIK) | $5.59 Million | 0.00% | 0.05x | $10.83 Million |
| JCDECAUX SE ADR 1/2/O.N. (DCS0) | $1.80 Billion | 7.34% | 4.59x | $4.04 Billion |
| AS Ekspress Grupp (DYC) | $54.62 Million | 4.60% | 0.72x | $36.53 Million |
| Infas Holding AG (IFS) | $8.12 Million | 17.19% | 2.73x | $57.60 Million |
| Microsemi Corporation (MS7) | $1.73 Billion | -1.89% | 1.56x | $77.07 Million |
About JOY SPREADER GROUP INC.
Joy Spreader Group Inc., a marketing technology company, provides digital marketing and related services in Mainland China and Hong Kong. It operates through Provision of Performance Based We-Media Marketing Services; Sales of E-commerce Goods; and Others segments. The company offers performance-based we-media marketing services for various products, including e-commerce goods, mobile application… Read more