COMTEC SOLAR SYS HD -004 (8C11) - Net Assets
Based on the latest financial reports, COMTEC SOLAR SYS HD -004 (8C11) has net assets worth €-160.42 Million EUR (≈ $-187.55 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 (€146.26 Million ≈ $170.99 Million USD) and total liabilities (€306.68 Million ≈ $358.54 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. Also explore 8C11 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-160.42 Million |
| % of Total Assets | -109.68% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
COMTEC SOLAR SYS HD -004 - Net Assets Trend (2021–2024)
This chart illustrates how COMTEC SOLAR SYS HD -004's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of COMTEC SOLAR SYS HD -004 to track the company's year-over-year net asset growth rate.
Annual Net Assets for COMTEC SOLAR SYS HD -004 (2021–2024)
The table below shows the annual net assets of COMTEC SOLAR SYS HD -004 from 2021 to 2024. For live valuation and market cap data, see 8C11 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-160.42 Million ≈ $-187.55 Million |
-19.32% |
| 2023-12-31 | €-134.44 Million ≈ $-157.18 Million |
+18.10% |
| 2022-12-31 | €-164.15 Million ≈ $-191.91 Million |
-44.67% |
| 2021-12-31 | €-113.46 Million ≈ $-132.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to COMTEC SOLAR SYS HD -004'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 5990900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.83 Billion | % |
| Total Equity | €-167.35 Million | 100.00% |
COMTEC SOLAR SYS HD -004 Competitors by Market Cap
The table below lists competitors of COMTEC SOLAR SYS HD -004 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silver Elephant Mining Corp
TO:ELEF
|
$4.96 Million |
|
Noronex Ltd
AU:NRX
|
$4.97 Million |
|
Mask Investments Limited
NSE:MASKINVEST
|
$4.97 Million |
|
GreenPower Motor Company Inc
NASDAQ:GP
|
$4.97 Million |
|
Hanil Vacuum Co. Ltd
KQ:123840
|
$4.95 Million |
|
Nandani Creation Limited
NSE:JAIPURKURT
|
$4.95 Million |
|
Florentaise SA
PA:ALFLO
|
$4.95 Million |
|
Biomerica Inc
NASDAQ:BMRA
|
$4.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COMTEC SOLAR SYS HD -004's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -133,636,000 to -167,353,000, a change of -33,717,000.
- Net loss of 48,383,000 reduced equity.
- New share issuances of 8,358,000 increased equity.
- Other factors increased equity by 6,308,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-48.38 Million | -28.91% |
| Share Issuances | €8.36 Million | +4.99% |
| Other Changes | €6.31 Million | +3.77% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares COMTEC SOLAR SYS HD -004'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €-0.14 | €0.00 | x |
| 2022-12-31 | €-0.21 | €0.00 | x |
| 2023-12-31 | €-0.15 | €0.00 | x |
| 2024-12-31 | €-0.16 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COMTEC SOLAR SYS HD -004 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.65%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), 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 | 0.00% | -97.02% | 0.19x | 0.00x | €-42.43 Million |
| 2022 | 0.00% | -150.26% | 0.12x | 0.00x | €-39.46 Million |
| 2023 | 0.00% | 30.73% | 0.70x | 0.00x | €57.82 Million |
| 2024 | 0.00% | -29.65% | 1.12x | 0.00x | €-31.65 Million |
Industry Comparison
This section compares COMTEC SOLAR SYS HD -004's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $9,943,958,658
- Average return on equity (ROE) among peers: -70.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COMTEC SOLAR SYS HD -004 (8C11) | €-160.42 Million | 0.00% | N/A | $4.96 Million |
| COLUMBUS ENERGY S.A. ZY 7 (0Q8) | $26.36 Million | -424.50% | 28.70x | $41.73 Million |
| Xinyi Solar Holdings Ltd (13X) | $6.89 Billion | 17.49% | 0.85x | $2.29 Billion |
| XINYI SOLAR UNSP.ADR/20 (13X0) | $31.51 Billion | 10.70% | 0.44x | $2.88 Billion |
| TECH INVEST GROUP ZY-02 (6N2) | $6.05 Million | -64.71% | 2.18x | $2.27 Million |
| FLAT GLASS GROUP H YC-25 (72T) | $14.03 Billion | 15.13% | 1.31x | $369.23 Million |
| XINTE ENERGY CO. CL.H YC1 (9M7) | $36.04 Billion | 36.95% | 1.20x | $182.95 Million |
| 7C Solarparken AG (HRPK) | $219.09 Million | -3.57% | 1.36x | $147.16 Million |
| HODL SPAC EUROPE AB (NW1) | $31.79 Million | -37.42% | 0.19x | $392.16K |
| Global PVQ SE (QCE) | $737.00 Million | -182.21% | 2.02x | $329.86K |
About COMTEC SOLAR SYS HD -004
Comtec Solar Systems Group Limited, an investment holding company, provides logistics services to the factories, manufacturers, raw material providers in the People's Republic of China and Hong Kong. The company operates in two segments, Solar and Power Storage, and Logistics Services. It offers consulting services for investment, development, construction, and operation of solar photovoltaic pow… Read more