FinLab AG
Heliad AG (formerly known as FinLab AG) is a venture capital firm specializing in growth capital, series A-C, early venture and follow-on investment in fintech companies. The firm also tends to make fund of fund investments in venture capital funds. It prefers to invest in blockchain, online financial services and financial technology and software sector. It seeks to invest globally with a primar… Read more
FinLab AG (A7A) - Net Assets
Latest net assets as of December 2024: €76.60 Million EUR
Based on the latest financial reports, FinLab AG (A7A) has net assets worth €76.60 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 (€97.64 Million) and total liabilities (€21.05 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 | €76.60 Million |
| % of Total Assets | 78.44% |
| Annual Growth Rate | 13.9% |
| 5-Year Change | -54.57% |
| 10-Year Change | 39.19% |
| Growth Volatility | 41.79 |
FinLab AG - Net Assets Trend (2013–2024)
This chart illustrates how FinLab AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FinLab AG (2013–2024)
The table below shows the annual net assets of FinLab AG from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €76.60 Million | +3.72% |
| 2023-12-31 | €73.85 Million | +25.43% |
| 2022-12-31 | €58.87 Million | +3.59% |
| 2021-12-31 | €56.84 Million | -66.29% |
| 2020-12-31 | €168.62 Million | +18.10% |
| 2019-12-31 | €142.77 Million | +34.35% |
| 2018-12-31 | €106.27 Million | +2.26% |
| 2017-12-31 | €103.92 Million | +54.78% |
| 2016-12-31 | €67.14 Million | +22.01% |
| 2015-12-31 | €55.03 Million | +39.36% |
| 2014-12-31 | €39.49 Million | +115.86% |
| 2013-12-31 | €18.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FinLab AG'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 1565188900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €83.66 Million | 109.22% |
| Total Equity | €76.60 Million | 100.00% |
FinLab AG Competitors by Market Cap
The table below lists competitors of FinLab AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hengs Technology Co., Ltd.
TWO:4582
|
$38.25 Million |
|
NN
F:NN2
|
$38.27 Million |
|
WAREHOUSES EST.BELGIUM
F:WPK
|
$38.28 Million |
|
Opnet Technologies Co Ltd
TWO:8034
|
$38.28 Million |
|
Rego Payment Architectures Inc
OTCQB:RPMT
|
$38.24 Million |
|
Perak Transit Bhd
KLSE:0186
|
$38.24 Million |
|
Hwa Fong Rubber (Thailand) Public Company Limited
BK:HFT
|
$38.24 Million |
|
Tan Cang Logistics and Stevedoring JSC
VN:TCL
|
$38.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FinLab AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 73,846,000 to 76,596,000, a change of 2,750,000 (3.7%).
- Net income of 30,570,000 contributed positively to equity growth.
- Other factors decreased equity by 27,820,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €30.57 Million | +39.91% |
| Other Changes | €-27.82 Million | -36.32% |
| Total Change | €- | 3.72% |
Book Value vs Market Value Analysis
This analysis compares FinLab AG'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: 1.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.67x to 1.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €20.83 | €14.00 | x |
| 2018-12-31 | €20.29 | €14.00 | x |
| 2019-12-31 | €26.82 | €14.00 | x |
| 2020-12-31 | €31.68 | €14.00 | x |
| 2021-12-31 | €10.43 | €14.00 | x |
| 2022-12-31 | €10.80 | €14.00 | x |
| 2023-12-31 | €8.78 | €14.00 | x |
| 2024-12-31 | €9.11 | €14.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FinLab AG 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): 39.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 833.42%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.27x
- Recent ROE (39.91%) is above the historical average (13.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -9.58% | -125.46% | 0.06x | 1.31x | €-3.58 Million |
| 2014 | 4.16% | 51.26% | 0.07x | 1.09x | €-2.30 Million |
| 2015 | 11.89% | 113.18% | 0.10x | 1.04x | €1.04 Million |
| 2016 | 20.85% | 275.72% | 0.07x | 1.06x | €7.29 Million |
| 2017 | 13.68% | 292.41% | 0.05x | 1.02x | €3.82 Million |
| 2018 | 15.92% | 117.97% | 0.13x | 1.02x | €6.29 Million |
| 2019 | 27.68% | 890.40% | 0.03x | 1.02x | €25.25 Million |
| 2020 | 3.61% | 160.27% | 0.02x | 1.03x | €-10.77 Million |
| 2021 | -0.61% | -5.95% | 0.10x | 1.04x | €-6.03 Million |
| 2022 | 3.46% | 105.89% | 0.03x | 1.03x | €-3.85 Million |
| 2023 | 27.25% | 1315.36% | 0.02x | 1.24x | €12.74 Million |
| 2024 | 39.91% | 833.42% | 0.04x | 1.27x | €22.91 Million |
Industry Comparison
This section compares FinLab AG's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $21,649,031,855
- Average return on equity (ROE) among peers: -5.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FinLab AG (A7A) | €76.60 Million | -9.58% | 0.27x | $38.25 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $208.00 Billion | 3.04% | 6.77x | $1.19 Billion |
| Anima Holding SpA (124) | $1.44 Billion | 10.33% | 0.66x | $190.56 Million |
| tokentus investment AG (14D) | $9.00 Million | -25.95% | 0.02x | $8.15K |
| GOAT Industries Ltd. (26B) | $-830.34K | 0.00% | 0.00x | $1.85K |
| Hunter Capital AB (publ) (2DD0) | $5.05 Million | -17.65% | 3.16x | $2.66 Million |
| ALDER RESOURCES VTG (2JA) | $12.36 Million | 28.26% | 1.28x | $6.68 Million |
| 3330 (3330) | $577.92K | -45.47% | 0.58x | $2.73 Million |
| Federated Hermes Inc (3KC) | $1.11 Billion | 24.26% | 0.81x | $3.56 Billion |
| 47U0 (47U0) | $231.08 Million | -1.51% | 0.01x | $131.18 Million |
| MOH Nippon Plc (4HS) | $5.68 Billion | -25.84% | 0.11x | $2.82 Million |