Forgame Holdings Limited
Forgame Holdings Limited, an investment holding company, develops and publishes web and mobile games in the People's Republic of China and internationally. It operates in two segments: Game Business and Electronic Device and Semiconductor Business. The company also trades in electronic devices and semiconductors. It also provides information technology and software development services. The compa… Read more
Forgame Holdings Limited (FH0) - Net Assets
Latest net assets as of June 2025: €471.07 Million EUR
Based on the latest financial reports, Forgame Holdings Limited (FH0) has net assets worth €471.07 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€506.03 Million) and total liabilities (€34.96 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 | €471.07 Million |
| % of Total Assets | 93.09% |
| Annual Growth Rate | -9.3% |
| 5-Year Change | -20.84% |
| 10-Year Change | N/A |
| Growth Volatility | 12.78 |
Forgame Holdings Limited - Net Assets Trend (2016–2024)
This chart illustrates how Forgame Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Forgame Holdings Limited (2016–2024)
The table below shows the annual net assets of Forgame Holdings Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €484.41 Million | -17.93% |
| 2023-12-31 | €590.27 Million | -8.23% |
| 2022-12-31 | €643.21 Million | +1.03% |
| 2021-12-31 | €636.66 Million | +4.03% |
| 2020-12-31 | €611.97 Million | -7.83% |
| 2019-12-31 | €663.96 Million | -21.67% |
| 2018-12-31 | €847.69 Million | -28.25% |
| 2017-12-31 | €1.18 Billion | +11.65% |
| 2016-12-31 | €1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forgame Holdings Limited'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 54055500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.96 Billion | 405.88% |
| Total Equity | €483.62 Million | 100.00% |
Forgame Holdings Limited Competitors by Market Cap
The table below lists competitors of Forgame Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bonus BioGroup Ltd
PINK:BBIXF
|
$10.35 Million |
|
Chesapeake Granite Wash Trust
PINK:CHKR
|
$10.35 Million |
|
Amines & Plasticizers Limited
NSE:AMNPLST
|
$10.36 Million |
|
Companhia de Tecidos Norte de Minas
SA:CTNM3
|
$10.36 Million |
|
Global Menkul Degerler AS
IS:GLBMD
|
$10.34 Million |
|
Binh Dinh Minerals JSC
VN:BMC
|
$10.34 Million |
|
Africa Israel Residences Ltd
TA:AFRE
|
$10.34 Million |
|
Atlas Menkul Kiymetler Yatirim Ortakligi AS
IS:ATLAS
|
$10.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forgame Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 590,274,000 to 483,616,000, a change of -106,658,000 (-18.1%).
- Net loss of 59,307,000 reduced equity.
- Other factors decreased equity by 47,351,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-59.31 Million | -12.26% |
| Other Changes | €-47.35 Million | -9.79% |
| Total Change | €- | -18.07% |
Book Value vs Market Value Analysis
This analysis compares Forgame Holdings Limited'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: 0.03x
- 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 |
|---|---|---|---|
| 2017-12-31 | €8.07 | €0.11 | x |
| 2018-12-31 | €6.05 | €0.11 | x |
| 2019-12-31 | €4.41 | €0.11 | x |
| 2020-12-31 | €3.93 | €0.11 | x |
| 2021-12-31 | €4.44 | €0.11 | x |
| 2022-12-31 | €4.49 | €0.11 | x |
| 2023-12-31 | €4.12 | €0.11 | x |
| 2024-12-31 | €3.37 | €0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forgame Holdings Limited 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): -12.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -71.82%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.09x
- Recent ROE (-12.26%) is above the historical average (-13.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -37.31% | -109.30% | 0.31x | 1.10x | €-501.09 Million |
| 2017 | 6.68% | 21.37% | 0.23x | 1.37x | €-36.84 Million |
| 2018 | -35.20% | -87.86% | 0.33x | 1.22x | €-365.80 Million |
| 2019 | -31.41% | -173.70% | 0.15x | 1.18x | €-284.61 Million |
| 2020 | -8.04% | -81.52% | 0.09x | 1.11x | €-110.58 Million |
| 2021 | 2.76% | 12.35% | 0.20x | 1.12x | €-46.11 Million |
| 2022 | -3.13% | -17.62% | 0.16x | 1.13x | €-84.43 Million |
| 2023 | -2.98% | -29.28% | 0.09x | 1.11x | €-76.64 Million |
| 2024 | -12.26% | -71.82% | 0.16x | 1.09x | €-107.67 Million |
Industry Comparison
This section compares Forgame Holdings Limited's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $3,354,505,500
- Average return on equity (ROE) among peers: 16.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forgame Holdings Limited (FH0) | €471.07 Million | -37.31% | 0.07x | $10.34 Million |
| Cogobuy Group (7C3) | $4.51 Billion | 4.67% | 1.26x | $168.09 Million |
| FORTEC Elektronik AG (FEV) | $49.86 Million | 12.54% | 0.42x | $35.44 Million |
| Softcat plc (SF5) | $251.44 Million | 44.55% | 1.58x | $1.79 Billion |
| Tanaka Co.Ltd (TDJ) | $8.60 Billion | 6.10% | 1.64x | $21.40 Million |