MODERN COMMERCE SA ZY-10 (8F4) - Net Assets
Based on the latest financial reports, MODERN COMMERCE SA ZY-10 (8F4) has net assets worth €1.67 Million EUR (≈ $1.95 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€21.64 Million ≈ $25.30 Million USD) and total liabilities (€19.97 Million ≈ $23.35 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. See MODERN COMMERCE SA ZY-10 (8F4) balance sheet quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.67 Million |
| % of Total Assets | 7.72% |
| Annual Growth Rate | -51.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.29 |
MODERN COMMERCE SA ZY-10 - Net Assets Trend (2021–2025)
This chart illustrates how MODERN COMMERCE SA ZY-10's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see MODERN COMMERCE SA ZY-10 stock valuation.
Annual Net Assets for MODERN COMMERCE SA ZY-10 (2021–2025)
The table below shows the annual net assets of MODERN COMMERCE SA ZY-10 from 2021 to 2025. Also explore MODERN COMMERCE SA ZY-10 (8F4) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.26 Million ≈ $2.65 Million |
-79.98% |
| 2024-12-31 | €11.31 Million ≈ $13.23 Million |
-16.22% |
| 2023-12-31 | €13.50 Million ≈ $15.79 Million |
-47.60% |
| 2022-12-31 | €25.77 Million ≈ $30.13 Million |
-34.40% |
| 2021-12-31 | €39.28 Million ≈ $45.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MODERN COMMERCE SA ZY-10'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 6476114735.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €82.66 Million | 3649.50% |
| Total Equity | €2.26 Million | 100.00% |
MODERN COMMERCE SA ZY-10 Competitors by Market Cap
The table below lists competitors of MODERN COMMERCE SA ZY-10 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NPK Co.Ltd
KQ:048830
|
$12.71 Million |
|
Regentis Biomaterials Ltd.
NYSE:RGNT
|
$12.71 Million |
|
Vaishali Pharma Limited
NSE:VAISHALI
|
$12.73 Million |
|
Zelan Bhd
KLSE:2283
|
$12.73 Million |
|
Encorp Bhd
KLSE:6076
|
$12.71 Million |
|
Hays plc
LSE:HAS
|
$12.69 Million |
|
Sapura Resources Bhd
KLSE:4596
|
$12.69 Million |
|
Park Ha Biological Technology Co., Ltd.
NASDAQ:BYAH
|
$12.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MODERN COMMERCE SA ZY-10's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,314,833 to 2,264,968, a change of -9,049,866 (-80.0%).
- Net loss of 18,718,071 reduced equity.
- Dividend payments of 250,000 reduced retained earnings.
- New share issuances of 2,900,000 increased equity.
- Other factors increased equity by 7,018,205.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-18.72 Million | -826.42% |
| Dividends Paid | €250.00K | -11.04% |
| Share Issuances | €2.90 Million | +128.04% |
| Other Changes | €7.02 Million | +309.86% |
| Total Change | €- | -79.98% |
Book Value vs Market Value Analysis
This analysis compares MODERN COMMERCE SA ZY-10'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: 4.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.14x to 4.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.11 | €0.02 | x |
| 2022-12-31 | €0.07 | €0.02 | x |
| 2023-12-31 | €0.04 | €0.02 | x |
| 2024-12-31 | €0.02 | €0.02 | x |
| 2025-12-31 | €0.00 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MODERN COMMERCE SA ZY-10 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): -826.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.36%
- • Asset Turnover: 2.54x
- • Equity Multiplier: 10.04x
- Recent ROE (-826.42%) is below the historical average (-229.97%), 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 | 0.27% | 0.09% | 1.80x | 1.77x | €-3.82 Million |
| 2022 | -46.11% | -9.56% | 1.82x | 2.64x | €-14.46 Million |
| 2023 | -125.66% | -19.41% | 1.89x | 3.42x | €-18.32 Million |
| 2024 | -151.92% | -22.12% | 1.91x | 3.59x | €-18.32 Million |
| 2025 | -826.42% | -32.36% | 2.54x | 10.04x | €-18.94 Million |
Industry Comparison
This section compares MODERN COMMERCE SA ZY-10's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $566,388,744,571
- Average return on equity (ROE) among peers: 10.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MODERN COMMERCE SA ZY-10 (8F4) | €1.67 Million | 0.27% | 11.96x | $12.71 Million |
| Lululemon Athletica Inc (33L) | $1.45 Billion | 33.46% | 0.44x | $10.85 Billion |
| FAST RETAIL. CO. ADR 1/10 (FR70) | $2.07 Trillion | 17.99% | 0.73x | $110.46 Billion |
| FAST RETAIL.CO.SP.HDR 1 (FR7H) | $1.87 Trillion | 15.81% | 0.76x | $125.55 Billion |
| Global Fashion Group S.A (GFG) | $573.30 Million | -21.66% | 1.69x | $112.13 Million |
| Global Fashion Group SA (GFG) | $619.40 Million | -17.31% | 0.89x | $112.36 Million |
| IND.D.D.TEXT.UNSP.ADR 1/2 (IXD2) | $20.40 Billion | 30.50% | 0.75x | $183.19 Billion |
| APRANGA AB EO 029 (WHX) | $74.38 Million | 14.65% | 1.23x | $220.61 Million |
About MODERN COMMERCE SA ZY-10
Moliera2 S.A., together with its subsidiaries, operates as an omnichannel retailer of luxury goods in Poland. It offers clothing, footwear, bags, accessories, and cosmetics for women, men, and kids; and home decors for living room, kitchen, bedroom, bathroom, and office under various brand names. The company also engages in the operation of virtual restaurants through delivery. It sells its produ… Read more