We.Connect SA
We.Connect SA designs, manufactures, assembles, and distributes hardware and computers, and peripheral and electronic equipment in France. Its products include computers; monitors; multimedia products; storage products, including internal and external hard, SSD, and multimedia hard drives, as well as Wi-Fi storage devices. The company's products also consist of PC accessories, such as mouse, keyb… Read more
We.Connect SA (77P) - Net Assets
Latest net assets as of December 2024: €61.04 Million EUR
Based on the latest financial reports, We.Connect SA (77P) has net assets worth €61.04 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€220.81 Million) and total liabilities (€159.78 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 | €61.04 Million |
| % of Total Assets | 27.64% |
| Annual Growth Rate | 19.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.42 |
We.Connect SA - Net Assets Trend (2021–2024)
This chart illustrates how We.Connect SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for We.Connect SA (2021–2024)
The table below shows the annual net assets of We.Connect SA from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €61.04 Million | +19.30% |
| 2023-12-31 | €51.16 Million | +19.50% |
| 2022-12-31 | €42.82 Million | +18.52% |
| 2021-12-31 | €36.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to We.Connect SA'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €61.04 Million | 100.00% |
| Total Equity | €61.04 Million | 100.00% |
We.Connect SA Competitors by Market Cap
The table below lists competitors of We.Connect SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Earth Science Tech Inc
PINK:ETST
|
$12.79 Million |
|
Allcargo Terminals Ltd
NSE:ATL
|
$12.80 Million |
|
MDB Capital Holdings, LLC Class A common
NASDAQ:MDBH
|
$12.80 Million |
|
Healthcare Triangle Inc
NASDAQ:HCTI
|
$12.80 Million |
|
Moksh Ornaments Limited
NSE:MOKSH
|
$12.78 Million |
|
Firetrade Engineering PCL
BK:FTE
|
$12.77 Million |
|
Despec Bilgisayar Pazarlama ve Ticaret AS
IS:DESPC
|
$12.77 Million |
|
VIRINCHI ORD (BSE)
NSE:VIRINCHI
|
$12.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in We.Connect SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,162,148 to 61,038,220, a change of 9,876,072 (19.3%).
- Net income of 7,710,864 contributed positively to equity growth.
- Dividend payments of 1,111,077 reduced retained earnings.
- Share repurchases of 282 reduced equity.
- New share issuances of 3,080,971 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.71 Million | +12.63% |
| Dividends Paid | €1.11 Million | -1.82% |
| Share Repurchases | €282.00 | -0.0% |
| Share Issuances | €3.08 Million | +5.05% |
| Other Changes | €195.60K | +0.32% |
| Total Change | €- | 19.30% |
Book Value vs Market Value Analysis
This analysis compares We.Connect SA'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: 1.04x
- 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 1.64x to 1.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €13.12 | €21.50 | x |
| 2022-12-31 | €15.49 | €21.50 | x |
| 2023-12-31 | €18.63 | €21.50 | x |
| 2024-12-31 | €20.76 | €21.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently We.Connect SA 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): 12.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.57%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 3.62x
- Recent ROE (12.63%) is below the historical average (16.82%), 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 | 17.58% | 2.92% | 1.61x | 3.74x | €2.74 Million |
| 2022 | 18.40% | 3.32% | 1.51x | 3.68x | €3.60 Million |
| 2023 | 18.66% | 3.62% | 1.66x | 3.10x | €4.43 Million |
| 2024 | 12.63% | 2.57% | 1.36x | 3.62x | €1.61 Million |
Industry Comparison
This section compares We.Connect SA's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $12,102,473,561
- Average return on equity (ROE) among peers: 5.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| We.Connect SA (77P) | €61.04 Million | 17.58% | 2.62x | $12.78 Million |
| Maxell Holdings Ltd (0H2) | $83.60 Billion | -11.21% | 1.11x | $371.43 Million |
| B&C Speakers S.p.A (37B) | $46.21 Million | 30.28% | 0.87x | $70.58 Million |
| artec technologies AG (A6T) | $3.88 Million | 1.10% | 0.07x | $18.85K |
| Fujikon Industrial Holdings Limited (FUK) | $672.04 Million | 2.55% | 0.40x | $9.32 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 |