Ahlers AG
Ahlers AG, together with its subsidiaries, engages in the manufacture, production, and distribution of men's fashion products in Germany, Austria, Switzerland, rest of Europe, Russia, and Canada. The company offers its products under the Baldessarini, Pierre Cardin, Otto Kern, Pioneer Jeans, and Pionier Workwear brand names. It markets and sells its products through physical retail, chain, and de… Read more
Ahlers AG (AAH) - Net Assets
Latest net assets as of May 2023: €41.84 Million EUR
Based on the latest financial reports, Ahlers AG (AAH) has net assets worth €41.84 Million EUR as of May 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€147.81 Million) and total liabilities (€105.97 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 | €41.84 Million |
| % of Total Assets | 28.31% |
| Annual Growth Rate | -8.66% |
| 5-Year Change | -47.48% |
| 10-Year Change | N/A |
| Growth Volatility | 7.41 |
Ahlers AG - Net Assets Trend (2013–2022)
This chart illustrates how Ahlers 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 Ahlers AG (2013–2022)
The table below shows the annual net assets of Ahlers AG from 2013 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-11-30 | €48.92 Million | -16.81% |
| 2021-11-30 | €58.80 Million | -13.98% |
| 2020-11-30 | €68.35 Million | -22.57% |
| 2019-11-30 | €88.27 Million | -5.23% |
| 2018-11-30 | €93.14 Million | -8.80% |
| 2017-11-30 | €102.12 Million | -1.74% |
| 2016-11-30 | €103.93 Million | -2.43% |
| 2015-11-30 | €106.52 Million | -4.47% |
| 2014-11-30 | €111.51 Million | +0.85% |
| 2013-11-30 | €110.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ahlers 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 decreased by 112.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €54.29 Million | 112.97% |
| Total Equity | €48.06 Million | 100.00% |
Ahlers AG Competitors by Market Cap
The table below lists competitors of Ahlers AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MONY Group plc
LSE:MONY
|
$109.11K |
|
Fundo De Investimento Nas Cadeias Produtivas Agroindustriais Jgp Credito Fiagro Imobiliario
SA:JGPX11
|
$109.19K |
|
Ross River Minerals Inc
PINK:RRMLF
|
$109.23K |
|
INTELLIGO TECHNOLOGY INC
TW:7749
|
$109.24K |
|
SRKKS
OTCGREY:SRKKS
|
$108.90K |
|
ENBOF
OTCGREY:ENBOF
|
$108.90K |
|
AEON - Dusseldorf Stock Exchang
DU:JUS1
|
$108.88K |
|
LeonaBio, Inc.
NASDAQ:LONA
|
$108.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ahlers AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 58,027,000 to 48,056,000, a change of -9,971,000 (-17.2%).
- Net loss of 9,300,000 reduced equity.
- Other factors decreased equity by 671,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-9.30 Million | -19.35% |
| Other Changes | €-671.00K | -1.4% |
| Total Change | €- | -17.18% |
Book Value vs Market Value Analysis
This analysis compares Ahlers 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | €7.36 | €0.02 | x |
| 2018-11-30 | €6.70 | €0.02 | x |
| 2019-11-30 | €6.38 | €0.02 | x |
| 2020-11-30 | €4.93 | €0.02 | x |
| 2021-11-30 | €4.24 | €0.02 | x |
| 2022-11-30 | €3.51 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ahlers 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): -19.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.44%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 3.03x
- Recent ROE (-19.35%) is below the historical average (-5.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.85% | 2.10% | 1.35x | 1.70x | €-5.52 Million |
| 2014 | 5.34% | 2.24% | 1.35x | 1.76x | €-5.03 Million |
| 2015 | 1.12% | 0.47% | 1.34x | 1.76x | €-9.14 Million |
| 2016 | 2.30% | 0.98% | 1.31x | 1.79x | €-7.82 Million |
| 2017 | 1.82% | 0.78% | 1.30x | 1.80x | €-8.23 Million |
| 2018 | -7.64% | -3.14% | 1.30x | 1.88x | €-16.18 Million |
| 2019 | -4.31% | -1.82% | 1.35x | 1.76x | €-12.49 Million |
| 2020 | -27.55% | -12.26% | 1.01x | 2.23x | €-25.33 Million |
| 2021 | -16.01% | -6.52% | 1.13x | 2.17x | €-15.09 Million |
| 2022 | -19.35% | -5.44% | 1.17x | 3.03x | €-14.11 Million |
Industry Comparison
This section compares Ahlers AG's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $15,311,007,541
- Average return on equity (ROE) among peers: -5.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ahlers AG (AAH) | €41.84 Million | 4.85% | 2.53x | $108.98K |
| Bosideng International Holdings Limited (3BD) | $10.40 Billion | 11.57% | 0.67x | $2.31 Billion |
| China Dongxiang (Group) Co. Ltd (4C1) | $10.26 Billion | 3.07% | 0.14x | $145.79 Million |
| China Lilang Limited (5LX) | $3.67 Billion | 12.74% | 0.36x | $132.67 Million |
| CALIDA HLDG NA SF 2,10 (C7UA) | $114.06 Million | -58.30% | 1.05x | $51.58 Million |
| The Children's Place Inc (CP5) | $314.44 Million | 32.11% | 1.31x | $25.60 Million |
| Goldlion Holdings Limited (GLH) | $3.69 Billion | 10.54% | 0.19x | $27.60 Million |
| Gunze Limited (GUN) | $109.14 Billion | 4.02% | 0.53x | $691.15 Million |
| Luen Thai Holdings (LTJ) | $201.87 Million | 5.55% | 1.77x | $3.62 Million |
| Ming Le Sports AG (ML2) | $1.81 Million | -70.93% | 0.19x | $37.76K |