RedFish LongTerm Capital S.p.A.
RedFish LongTerm Capital S.p.A. is industrial holding company and private equity firm specializing in growth and M&A investments. The firm focuses to invest in small and medium enterprises and large family businesses. The firm focuses to invest in technology sector with specific focus in precision engineering, rail, aerospace, food, ICT, Oil & Gas, and Telco sectors. The firm prefers to invest in… Read more
RedFish LongTerm Capital S.p.A. (HN5) - Net Assets
Latest net assets as of December 2024: €50.27 Million EUR
Based on the latest financial reports, RedFish LongTerm Capital S.p.A. (HN5) has net assets worth €50.27 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 (€119.04 Million) and total liabilities (€68.77 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 | €50.27 Million |
| % of Total Assets | 42.23% |
| Annual Growth Rate | 44.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.31 |
RedFish LongTerm Capital S.p.A. - Net Assets Trend (2021–2024)
This chart illustrates how RedFish LongTerm Capital S.p.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RedFish LongTerm Capital S.p.A. (2021–2024)
The table below shows the annual net assets of RedFish LongTerm Capital S.p.A. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €50.27 Million | +67.92% |
| 2023-12-31 | €29.93 Million | +25.84% |
| 2022-12-31 | €23.79 Million | +42.37% |
| 2021-12-31 | €16.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RedFish LongTerm Capital S.p.A.'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 1240.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €41.02 Million | 109.60% |
| Total Equity | €37.43 Million | 100.00% |
RedFish LongTerm Capital S.p.A. Competitors by Market Cap
The table below lists competitors of RedFish LongTerm Capital S.p.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UBIVELOX Inc
KQ:089850
|
$32.11 Million |
|
Senko Co. Ltd
KQ:347000
|
$32.13 Million |
|
PT Citra Tubindo Tbk
JK:CTBN
|
$32.13 Million |
|
China Tianrui Group Cement Company Limited
F:T18
|
$32.13 Million |
|
Control Print Limited
NSE:CONTROLPR
|
$32.10 Million |
|
Thai Union Feedmill PCL
BK:TFM
|
$32.09 Million |
|
Chunil Express
KO:000650
|
$32.08 Million |
|
Lara Exploration Ltd
PINK:LRAXF
|
$32.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RedFish LongTerm Capital S.p.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,929,627 to 37,430,806, a change of 7,501,179 (25.1%).
- Net loss of 3,593,762 reduced equity.
- New share issuances of 23,906,019 increased equity.
- Other factors decreased equity by 12,811,078.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.59 Million | -9.6% |
| Share Issuances | €23.91 Million | +63.87% |
| Other Changes | €-12.81 Million | -34.23% |
| Total Change | €- | 25.06% |
Book Value vs Market Value Analysis
This analysis compares RedFish LongTerm Capital S.p.A.'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: 0.82x
- 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.
- The price-to-book ratio has decreased from 1.36x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.85 | €1.17 | x |
| 2022-12-31 | €1.23 | €1.17 | x |
| 2023-12-31 | €1.54 | €1.17 | x |
| 2024-12-31 | €1.42 | €1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RedFish LongTerm Capital S.p.A. 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): -9.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.97%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 3.18x
- Recent ROE (-9.60%) is below the historical average (4.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 1.90% | 1016.13% | 0.00x | 1.02x | €-1.34 Million |
| 2022 | 29.66% | 8797.73% | 0.00x | 1.50x | €4.68 Million |
| 2023 | -3.53% | -5.60% | 0.31x | 2.04x | €-4.05 Million |
| 2024 | -9.60% | -6.97% | 0.43x | 3.18x | €-7.34 Million |
Industry Comparison
This section compares RedFish LongTerm Capital S.p.A.'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $23,105,982,113
- Average return on equity (ROE) among peers: -14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RedFish LongTerm Capital S.p.A. (HN5) | €50.27 Million | 1.90% | 1.37x | $32.10 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.16 Billion | 1.36% | 6.34x | $1.17 Billion |
| Anima Holding SpA (124) | $1.26 Billion | 11.57% | 0.78x | $176.71 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $8.13K |
| GOAT Industries Ltd. (26B) | $10.81 Million | -56.27% | 0.02x | $2.16K |
| Hunter Capital AB (publ) (2DD0) | $28.23 Million | -45.64% | 0.45x | $2.66 Million |
| ALDER RESOURCES VTG (2JA) | $12.56 Million | 2.19% | 0.94x | $6.72 Million |
| 3330 (3330) | $577.92K | -45.47% | 0.58x | $2.73 Million |
| Federated Hermes Inc (3KC) | $657.71 Million | 25.82% | 0.81x | $3.55 Billion |
| 47U0 (47U0) | $250.00 Million | 7.21% | 0.13x | $131.18 Million |
| MOH Nippon Plc (4HS) | $5.68 Billion | -25.84% | 0.11x | $2.82 Million |