Lechwerke AG
Lechwerke AG, together with its subsidiaries, operates as an energy supplier in Germany. The company supplies electricity and gas to home private and commercial customers, business customers, municipalities, and energy solutions. It also supplies electricity from renewable energies, including hydropower, solar and wind power, and geothermal and biomass energy; heat electricity; solar energy; and … Read more
Lechwerke AG (LEC) - Net Assets
Latest net assets as of December 2024: €553.36 Million EUR
Based on the latest financial reports, Lechwerke AG (LEC) has net assets worth €553.36 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 (€1.74 Billion) and total liabilities (€1.18 Billion). 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 | €553.36 Million |
| % of Total Assets | 31.87% |
| Annual Growth Rate | -4.66% |
| 5-Year Change | -1.15% |
| 10-Year Change | 17.12% |
| Growth Volatility | 19.04 |
Lechwerke AG - Net Assets Trend (2013–2024)
This chart illustrates how Lechwerke 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 Lechwerke AG (2013–2024)
The table below shows the annual net assets of Lechwerke AG from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €553.36 Million | +4.08% |
| 2023-12-31 | €531.68 Million | +7.65% |
| 2022-12-31 | €493.89 Million | -13.62% |
| 2021-12-31 | €571.79 Million | +2.14% |
| 2020-12-31 | €559.83 Million | +3.21% |
| 2019-12-31 | €542.42 Million | +8.10% |
| 2018-12-31 | €501.77 Million | -4.02% |
| 2017-12-31 | €522.81 Million | +6.30% |
| 2016-12-31 | €491.82 Million | +4.10% |
| 2015-12-31 | €472.46 Million | +18.22% |
| 2014-12-31 | €399.62 Million | -57.30% |
| 2013-12-31 | €935.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lechwerke 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 43.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €402.91 Million | 72.81% |
| Other Components | €150.45 Million | 27.19% |
| Total Equity | €553.36 Million | 100.00% |
Lechwerke AG Competitors by Market Cap
The table below lists competitors of Lechwerke AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maywood Acquisition Corp. Unit
NASDAQ:MAYAU
|
$85.11 Million |
|
GENOVIS AB SE-40
F:5GV
|
$85.12 Million |
|
Bisalloy Steel Group Ltd
AU:BIS
|
$85.13 Million |
|
All For One Steeb AG
F:A1OS
|
$85.15 Million |
|
Viridis Mining and Minerals Ltd
AU:VMM
|
$85.05 Million |
|
RTX A/S
CO:RTX
|
$85.04 Million |
|
Champion Microelectronic Corp
TW:3257
|
$85.03 Million |
|
Watts SA
SN:WATTS
|
$85.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lechwerke AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 531,677,000 to 553,362,000, a change of 21,685,000 (4.1%).
- Net income of 120,931,000 contributed positively to equity growth.
- Other factors decreased equity by 99,246,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €120.93 Million | +21.85% |
| Other Changes | €-99.25 Million | -17.94% |
| Total Change | €- | 4.08% |
Book Value vs Market Value Analysis
This analysis compares Lechwerke 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: 4.42x
- 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 decreased from 4.68x to 4.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €14.75 | €69.00 | x |
| 2018-12-31 | €14.16 | €69.00 | x |
| 2019-12-31 | €15.30 | €69.00 | x |
| 2020-12-31 | €15.79 | €69.00 | x |
| 2021-12-31 | €16.13 | €69.00 | x |
| 2022-12-31 | €13.93 | €69.00 | x |
| 2023-12-31 | €15.00 | €69.00 | x |
| 2024-12-31 | €15.61 | €69.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lechwerke 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): 21.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.86%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 3.14x
- Recent ROE (21.85%) is above the historical average (20.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.85% | 5.03% | 1.23x | 1.91x | €16.95 Million |
| 2014 | 21.32% | 6.46% | 0.87x | 3.78x | €45.25 Million |
| 2015 | 33.42% | 12.22% | 0.79x | 3.45x | €110.65 Million |
| 2016 | 22.67% | 7.90% | 0.81x | 3.53x | €62.34 Million |
| 2017 | 23.56% | 9.30% | 0.75x | 3.38x | €70.87 Million |
| 2018 | 15.59% | 5.91% | 0.72x | 3.68x | €28.03 Million |
| 2019 | 25.79% | 9.54% | 0.76x | 3.58x | €85.66 Million |
| 2020 | 20.84% | 9.19% | 0.74x | 3.04x | €60.66 Million |
| 2021 | 19.45% | 6.86% | 0.90x | 3.15x | €54.03 Million |
| 2022 | 4.32% | 0.89% | 1.35x | 3.61x | €-28.04 Million |
| 2023 | 25.77% | 8.94% | 0.86x | 3.34x | €83.86 Million |
| 2024 | 21.85% | 9.86% | 0.71x | 3.14x | €65.59 Million |
Industry Comparison
This section compares Lechwerke AG's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $481,282,700,333
- Average return on equity (ROE) among peers: 6.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lechwerke AG (LEC) | €553.36 Million | 11.85% | 2.14x | $85.10 Million |
| Chubu Electric Power Company Incorporated (0C2) | $2.86 Trillion | 7.07% | 1.49x | $9.80 Billion |
| ATCO CLASS 1 (8A6) | $7.44 Billion | 4.41% | 2.14x | $3.63 Billion |
| Companhia Energética de Minas Gerais (CID) | $15.94 Billion | 10.93% | 2.76x | $4.68 Billion |
| EnBW Energie Baden-Württemberg AG (EBK) | $2.39 Billion | -1.30% | 9.08x | $3.83 Billion |
| MVV Energie AG (MVV1) | $2.62 Billion | 4.76% | 1.54x | $1.04 Billion |
| Gelsenwasser AG (WWG) | $779.00 Million | 13.98% | 1.26x | $132.09 Million |