Asetek A/S (A31) - Net Assets
Based on the latest financial reports, Asetek A/S (A31) has net assets worth €52.79 Million EUR (≈ $61.72 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€88.57 Million ≈ $103.54 Million USD) and total liabilities (€35.78 Million ≈ $41.83 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. Read total liabilities of Asetek A/S for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €52.79 Million |
| % of Total Assets | 59.61% |
| Annual Growth Rate | 0.91% |
| 5-Year Change | -13.45% |
| 10-Year Change | N/A |
| Growth Volatility | 28.56 |
Asetek A/S - Net Assets Trend (2018–2024)
This chart illustrates how Asetek A/S's net assets have evolved over time, based on quarterly financial data. Also explore A31 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Asetek A/S (2018–2024)
The table below shows the annual net assets of Asetek A/S from 2018 to 2024. For live valuation and market cap data, see A31 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €41.13 Million ≈ $48.09 Million |
-37.79% |
| 2023-12-31 | €66.13 Million ≈ $77.31 Million |
+54.69% |
| 2022-12-31 | €42.75 Million ≈ $49.98 Million |
-11.66% |
| 2021-12-31 | €48.39 Million ≈ $56.57 Million |
+1.82% |
| 2020-12-31 | €47.52 Million ≈ $55.56 Million |
+21.83% |
| 2019-12-31 | €39.01 Million ≈ $45.60 Million |
+0.13% |
| 2018-12-31 | €38.96 Million ≈ $45.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Asetek A/S'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 38.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €52.38 Million | 127.32% |
| Total Equity | €41.13 Million | 100.00% |
Asetek A/S Competitors by Market Cap
The table below lists competitors of Asetek A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenland Energy Company Common Stock
NASDAQ:GLND
|
$77.52 Million |
|
UY Scuti Acquisition Corp.
NASDAQ:UYSC
|
$77.54 Million |
|
Vocento
MC:VOC
|
$77.54 Million |
|
Axon Partners Group S.A.
MC:APG
|
$77.56 Million |
|
Beyaz Filo Oto Kiralama AS
IS:BEYAZ
|
$77.39 Million |
|
Empresas la Polar SA
SN:ABC
|
$77.37 Million |
|
Emerita Resources Corp
V:EMO
|
$77.36 Million |
|
iNtRON Biotechnology Inc
KQ:048530
|
$77.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asetek A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,126,000 to 41,135,000, a change of -24,991,000 (-37.8%).
- Net loss of 23,936,000 reduced equity.
- Other factors decreased equity by 1,055,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-23.94 Million | -58.19% |
| Other Changes | €-1.05 Million | -2.56% |
| Total Change | €- | -37.79% |
Book Value vs Market Value Analysis
This analysis compares Asetek A/S'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: 0.76x
- 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.
- The price-to-book ratio has increased from 0.14x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €1.54 | €0.21 | x |
| 2019-12-31 | €1.52 | €0.21 | x |
| 2020-12-31 | €0.90 | €0.21 | x |
| 2021-12-31 | €0.93 | €0.21 | x |
| 2022-12-31 | €1.07 | €0.21 | x |
| 2023-12-31 | €0.44 | €0.21 | x |
| 2024-12-31 | €0.28 | €0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asetek A/S 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): -58.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.59%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.93x
- Recent ROE (-58.19%) is below the historical average (-4.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 9.43% | 5.46% | 1.31x | 1.32x | €-223.80K |
| 2019 | -1.61% | -1.16% | 1.00x | 1.39x | €-4.53 Million |
| 2020 | 19.35% | 12.64% | 1.02x | 1.50x | €4.44 Million |
| 2021 | 2.76% | 1.68% | 1.06x | 1.56x | €-3.50 Million |
| 2022 | -10.12% | -8.54% | 0.64x | 1.84x | €-8.60 Million |
| 2023 | 9.08% | 7.86% | 0.74x | 1.55x | €-611.60K |
| 2024 | -58.19% | -45.59% | 0.66x | 1.93x | €-28.05 Million |
Industry Comparison
This section compares Asetek A/S's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $423,041,991,997
- Average return on equity (ROE) among peers: -392.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asetek A/S (A31) | €52.79 Million | 9.43% | 0.68x | $77.45 Million |
| Legend Holdings Corporation (1PC) | $97.65 Billion | 0.14% | 6.13x | $1.47 Billion |
| Nano Dimension Ltd (2N5B) | $1.34 Billion | -14.94% | 0.03x | $295.80 Million |
| CORELENS S.A. ZY -10 (9GK) | $324.09K | -3602.33% | 64.29x | $643.62K |
| Acer Incorporated (AC5G) | $59.20 Billion | 4.45% | 1.64x | $2.65 Billion |
| Cherry AG (C3RY) | $25.00K | 0.00% | 0.00x | $12.19 Million |
| Canon Inc (CNNA) | $3.65 Trillion | 4.39% | 0.58x | $18.07 Billion |
| Hyrican Informationssysteme Aktiengesellschaft (HYI) | $24.54 Million | 0.84% | 0.38x | $24.25 Million |
| ParTec AG (JY0) | $19.94 Million | 56.16% | 2.76x | $128.80 Million |
| Lenovo Group Limited (LHL1) | $4.10 Billion | 15.87% | 6.32x | $12.57 Billion |
About Asetek A/S
Asetek A/S, together with its subsidiaries, engages in the designing, developing, and marketing of liquid cooling solutions in Asia, Europe, and the Americas. The company operates through three segments: Liquid cooling, SimSports, and Data center. Its products are used in personal computers, servers, and data centers to provide improved performance, acoustics, and energy efficiency. It serves ori… Read more