Bike24 Holding AG
Bike24 Holding AG operates online cycling platforms in Germany, Austria, Switzerland, rest of Europe, and internationally. It retails a range of traditional bicycles, e-bikes with electric motors, spare parts, and accessories, as well as sportswear clothing products. The company was founded in 2002 and is headquartered in Dresden, Germany.
Bike24 Holding AG (BIKE) - Net Assets
Latest net assets as of September 2025: €122.37 Million EUR
Based on the latest financial reports, Bike24 Holding AG (BIKE) has net assets worth €122.37 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€224.91 Million) and total liabilities (€102.53 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 | €122.37 Million |
| % of Total Assets | 54.41% |
| Annual Growth Rate | 0.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.56 |
Bike24 Holding AG - Net Assets Trend (2020–2024)
This chart illustrates how Bike24 Holding 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 Bike24 Holding AG (2020–2024)
The table below shows the annual net assets of Bike24 Holding AG from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €124.50 Million | -9.84% |
| 2023-12-31 | €138.09 Million | -36.78% |
| 2022-12-31 | €218.41 Million | -2.17% |
| 2021-12-31 | €223.25 Million | +84.68% |
| 2020-12-31 | €120.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bike24 Holding 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 9776700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €224.28 Million | 180.15% |
| Total Equity | €124.50 Million | 100.00% |
Bike24 Holding AG Competitors by Market Cap
The table below lists competitors of Bike24 Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cullman Bancorp Inc.
NASDAQ:CULL
|
$78.44 Million |
|
XBP Europe Holdings Inc
NASDAQ:XBP
|
$78.48 Million |
|
ADF Foods Limited
NSE:ADFFOODS
|
$78.51 Million |
|
Songwon Industrial
KO:004430
|
$78.51 Million |
|
Kudelski SA
PINK:KDCXF
|
$78.41 Million |
|
Empire Petroleum Corp
NYSE MKT:EP
|
$78.37 Million |
|
San Far Property Ltd
TW:9946
|
$78.35 Million |
|
Landmark Cars Limited
NSE:LANDMARK
|
$78.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bike24 Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 138,087,000 to 124,496,000, a change of -13,591,000 (-9.8%).
- Net loss of 13,618,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-13.62 Million | -10.94% |
| Other Changes | €27.00K | +0.02% |
| Total Change | €- | -9.84% |
Book Value vs Market Value Analysis
This analysis compares Bike24 Holding 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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €2.74 | €2.95 | x |
| 2021-12-31 | €5.05 | €2.95 | x |
| 2022-12-31 | €4.95 | €2.95 | x |
| 2023-12-31 | €3.13 | €2.95 | x |
| 2024-12-31 | €2.82 | €2.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bike24 Holding 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): -10.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.02%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.77x
- Recent ROE (-10.94%) is above the historical average (-14.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.46% | 0.28% | 0.70x | 2.36x | €-11.53 Million |
| 2021 | 1.00% | 0.89% | 0.83x | 1.35x | €-20.09 Million |
| 2022 | -2.94% | -2.46% | 0.77x | 1.56x | €-28.26 Million |
| 2023 | -58.23% | -35.52% | 0.92x | 1.79x | €-94.21 Million |
| 2024 | -10.94% | -6.02% | 1.03x | 1.77x | €-26.07 Million |
Industry Comparison
This section compares Bike24 Holding AG's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $13,616,044,856
- Average return on equity (ROE) among peers: -75.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bike24 Holding AG (BIKE) | €122.37 Million | 0.46% | 0.84x | $78.41 Million |
| Pinduoduo Inc (9PDA) | $117.77 Billion | 26.78% | 1.01x | $126.20 Billion |
| artnet AG Namens-Aktien o.N. (ART) | $4.40 Million | 51.22% | 0.57x | $14.26 Million |
| Mountain Alliance AG (ECF) | $9.03 Million | -145.74% | 0.77x | $6.02 Million |
| J8D0 (J8D0) | $129.59 Million | -45.52% | 2.85x | $26.09 Million |
| LB30 (LB30) | $525.00 Million | -494.10% | 22.94x | $17.93 Million |
| Natural Health Trends Corp (NAH) | $59.49 Million | 1.82% | 0.65x | $18.36 Million |
| HK TELEVISION NET - Frankfurt Stock Exchang (XHN1) | $2.00 Billion | -12.88% | 0.16x | $58.01 Million |
| HK TELEVISION NET (XHN1) | $1.87 Billion | -3.56% | 0.66x | $60.37 Million |
| ABOUT YOU Holding AG (YOU) | $177.70 Million | -60.05% | 5.08x | $38.16 Million |