HWA AG (H9W) - Net Assets
Based on the latest financial reports, HWA AG (H9W) has net assets worth €10.84 Million EUR (≈ $12.67 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€41.08 Million ≈ $48.02 Million USD) and total liabilities (€30.24 Million ≈ $35.35 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. Check HWA AG tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €10.84 Million |
| % of Total Assets | 26.39% |
| Annual Growth Rate | -7.92% |
| 5-Year Change | -40.2% |
| 10-Year Change | -60.75% |
| Growth Volatility | 22.55 |
HWA AG - Net Assets Trend (2013–2024)
This chart illustrates how HWA AG's net assets have evolved over time, based on quarterly financial data. See H9W defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HWA AG (2013–2024)
The table below shows the annual net assets of HWA AG from 2013 to 2024. For live valuation and market cap data, see how much is HWA AG worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €10.84 Million ≈ $12.67 Million |
-56.23% |
| 2023-12-31 | €24.77 Million ≈ $28.95 Million |
-2.03% |
| 2022-12-31 | €25.28 Million ≈ $29.55 Million |
+32.28% |
| 2021-12-31 | €19.11 Million ≈ $22.34 Million |
+5.41% |
| 2020-12-31 | €18.13 Million ≈ $21.19 Million |
-31.03% |
| 2019-12-31 | €26.28 Million ≈ $30.73 Million |
-10.80% |
| 2018-12-31 | €29.47 Million ≈ $34.45 Million |
+12.69% |
| 2017-12-31 | €26.15 Million ≈ $30.57 Million |
+1.93% |
| 2016-12-31 | €25.65 Million ≈ $29.99 Million |
-7.13% |
| 2015-12-31 | €27.62 Million ≈ $32.29 Million |
+14.03% |
| 2014-12-31 | €24.22 Million ≈ $28.32 Million |
-9.88% |
| 2013-12-31 | €26.88 Million ≈ $31.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HWA 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 183.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €29.08 Million | 268.23% |
| Total Equity | €10.84 Million | 100.00% |
HWA AG Competitors by Market Cap
The table below lists competitors of HWA AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Net Digital AG
XETRA:VRL
|
$30.66 Million |
|
Stakeholder Gold Corp
V:SRC
|
$30.67 Million |
|
Drax Group PLC
LSE:DRX
|
$30.67 Million |
|
ML System S.A.
WAR:MLS
|
$30.67 Million |
|
Katana Capital Ltd
AU:KAT
|
$30.63 Million |
|
aap Implantate AG
F:AAQ1
|
$30.63 Million |
|
Ascendis Health Ltd
JSE:ASC
|
$30.61 Million |
|
MKDWELL Tech Inc. Ordinary Share
NASDAQ:MKDW
|
$30.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HWA AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,765,000 to 10,840,594, a change of -13,924,406 (-56.2%).
- Net loss of 20,956,963 reduced equity.
- New share issuances of 6,606,000 increased equity.
- Other factors increased equity by 426,557.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-20.96 Million | -193.32% |
| Share Issuances | €6.61 Million | +60.94% |
| Other Changes | €426.56K | +3.93% |
| Total Change | €- | -56.23% |
Book Value vs Market Value Analysis
This analysis compares HWA 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: 3.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.73x to 3.26x 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 | €4.95 | €3.61 | x |
| 2018-12-31 | €5.57 | €3.61 | x |
| 2019-12-31 | €4.52 | €3.61 | x |
| 2020-12-31 | €3.03 | €3.61 | x |
| 2021-12-31 | €3.19 | €3.61 | x |
| 2022-12-31 | €3.35 | €3.61 | x |
| 2023-12-31 | €3.28 | €3.61 | x |
| 2024-12-31 | €1.11 | €3.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HWA 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): -193.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.56%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 3.79x
- Recent ROE (-193.32%) is below the historical average (-19.74%), 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 | 14.32% | 6.87% | 1.21x | 1.72x | €1.16 Million |
| 2014 | 2.76% | 1.04% | 1.34x | 1.98x | €-1.75 Million |
| 2015 | 12.30% | 4.07% | 1.53x | 1.98x | €635.80K |
| 2016 | -1.10% | -0.29% | 1.35x | 2.81x | €-2.85 Million |
| 2017 | 2.05% | 0.56% | 1.39x | 2.66x | €-2.08 Million |
| 2018 | 11.51% | 3.35% | 1.32x | 2.60x | €445.25K |
| 2019 | -31.54% | -7.29% | 1.39x | 3.10x | €-10.92 Million |
| 2020 | -62.67% | -17.33% | 0.95x | 3.82x | €-13.17 Million |
| 2021 | 3.25% | 0.72% | 1.45x | 3.09x | €-1.29 Million |
| 2022 | 7.40% | 1.99% | 1.50x | 2.48x | €-657.80K |
| 2023 | -1.90% | -0.55% | 1.60x | 2.17x | €-2.95 Million |
| 2024 | -193.32% | -31.56% | 1.62x | 3.79x | €-22.04 Million |
Industry Comparison
This section compares HWA AG's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $241,183,690,168
- Average return on equity (ROE) among peers: -1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HWA AG (H9W) | €10.84 Million | 14.32% | 2.79x | $30.64 Million |
| ADIENT PLC DL-001 (18I) | $2.53 Billion | 0.71% | 2.69x | $1.43 Billion |
| AETHER CATALYST SOLUT. (2QZ) | $558.50K | -83.99% | 0.37x | $37.72K |
| Fuyao Glass Industry Group Co. Ltd (4FG) | $35.69 Billion | 21.01% | 0.77x | $3.90 Billion |
| AUMOVIO N (AMV0) | $4.13 Billion | -8.06% | 4.87x | $3.91 Billion |
| Bertrandt Aktiengesellschaft (BDT) | $376.36 Million | 11.66% | 1.07x | $101.06 Million |
| Bridgestone Corporation (BGTA) | $2.34 Trillion | 12.48% | 0.68x | $21.84 Billion |
| AURRIGO INT.PLCLS-002 (CI0) | $3.52 Million | 2.04% | 1.33x | $63.45 Million |
| Continental Aktiengesellschaft (CON) | $11.02 Billion | 21.55% | 1.74x | $14.00 Billion |
| CONTINENTAL AG ADR 1/10 (CONA) | $13.73 Billion | 0.48% | 1.76x | $14.61 Billion |
| Delticom AG (DEX) | $54.29 Million | 7.51% | 2.97x | $37.45 Million |
About HWA AG
HWA AG develops and produces motorsport cars in Germany, Australia, and the United States. The company operates in two segments, Motor Racing and Vehicles/Vehicle Components. It participates in the FIA Formula 2 championship and FIA Formula 3 championship under the HWA RACELAB name; and participates in the ABB FIA Formula E championship as a racing team for the Mercedes-Benz EQ Formula E team. In… Read more