Mainova AG (MNV6) - Net Assets

Latest as of June 2025: €2.25 Billion EUR ≈ $2.64 Billion USD

Based on the latest financial reports, Mainova AG (MNV6) has net assets worth €2.25 Billion EUR (≈ $2.64 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.11 Billion ≈ $5.97 Billion USD) and total liabilities (€2.85 Billion ≈ $3.33 Billion 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. Explore Mainova AG (MNV6) cash conversion ratio to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric Value
Current Net Assets €2.25 Billion
% of Total Assets 44.15%
Annual Growth Rate 7.29%
5-Year Change 71.73%
10-Year Change 117.49%
Growth Volatility 14.53

Mainova AG - Net Assets Trend (2013–2024)

This chart illustrates how Mainova AG's net assets have evolved over time, based on quarterly financial data. Explore MNV6 long-term investments to assets to see how much of total assets are deployed in long-term investments.

Annual Net Assets for Mainova AG (2013–2024)

The table below shows the annual net assets of Mainova AG from 2013 to 2024. For live valuation and market cap data, see Mainova AG (MNV6) market capitalisation.

Year Net Assets Change
2024-12-31 €2.20 Billion
≈ $2.57 Billion		 +38.78%
2023-12-31 €1.59 Billion
≈ $1.85 Billion		 +2.32%
2022-12-31 €1.55 Billion
≈ $1.81 Billion		 -6.95%
2021-12-31 €1.67 Billion
≈ $1.95 Billion		 +29.97%
2020-12-31 €1.28 Billion
≈ $1.50 Billion		 +4.37%
2019-12-31 €1.23 Billion
≈ $1.44 Billion		 -2.45%
2018-12-31 €1.26 Billion
≈ $1.47 Billion		 +23.93%
2017-12-31 €1.02 Billion
≈ $1.19 Billion		 -1.19%
2016-12-31 €1.03 Billion
≈ $1.20 Billion		 +1.58%
2015-12-31 €1.01 Billion
≈ $1.18 Billion		 -0.64%
2014-12-31 €1.02 Billion
≈ $1.19 Billion		 +0.37%
2013-12-31 €1.02 Billion
≈ $1.19 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Mainova 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 grown by 111.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €1.45 Billion 65.88%
Other Components €748.59 Million 34.12%
Total Equity €2.19 Billion 100.00%

Mainova AG Competitors by Market Cap

The table below lists competitors of Mainova AG ranked by their market capitalization.

Company Market Cap
Gansu Shangfeng Cement Co Ltd
SHE:000672
 $2.67 Billion
Sumitomo Chemical India Limited
NSE:SUMICHEM
 $2.67 Billion
Quick Intelligent Equipment Co Ltd
SHG:603203
 $2.68 Billion
Maple Leaf Foods Inc.
TO:MFI
 $2.68 Billion
Wuxi Online Offline Communication Information Technology Co. Ltd.
SHE:300959
 $2.67 Billion
Callaway Golf Company
NYSE:CALY
 $2.67 Billion
CHN Energy Changyuan Electric Power Co Ltd
SHE:000966
 $2.67 Billion
NuVista Energy Ltd.
TO:NVA
 $2.67 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mainova AG's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,570,668,000 to 2,194,145,000, a change of 623,477,000 (39.7%).
  • Net income of 303,867,000 contributed positively to equity growth.
  • Dividend payments of 53,342,000 reduced retained earnings.
  • New share issuances of 399,170,000 increased equity.
  • Other factors decreased equity by 26,218,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €303.87 Million +13.85%
Dividends Paid €53.34 Million -2.43%
Share Issuances €399.17 Million +18.19%
Other Changes €-26.22 Million -1.19%
Total Change €- 39.70%

Book Value vs Market Value Analysis

This analysis compares Mainova 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: 1.08x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.95x to 1.08x 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 €182.49 €356.00 x
2018-12-31 €226.21 €356.00 x
2019-12-31 €220.66 €356.00 x
2020-12-31 €232.99 €356.00 x
2021-12-31 €302.77 €356.00 x
2022-12-31 €278.90 €356.00 x
2023-12-31 €282.49 €356.00 x
2024-12-31 €328.97 €356.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mainova 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): 13.85%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.88%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 2.40x
  • Recent ROE (13.85%) is above the historical average (9.22%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 11.55% 5.13% 0.78x 2.90x €15.37 Million
2014 9.51% 4.59% 0.74x 2.80x €-4.84 Million
2015 8.04% 4.03% 0.74x 2.70x €-19.41 Million
2016 10.78% 5.50% 0.73x 2.70x €7.87 Million
2017 9.50% 4.82% 0.74x 2.67x €-5.10 Million
2018 10.26% 6.30% 0.68x 2.41x €3.21 Million
2019 3.93% 2.11% 0.72x 2.57x €-74.48 Million
2020 14.02% 7.93% 0.69x 2.55x €51.48 Million
2021 22.63% 10.07% 0.59x 3.83x €210.27 Million
2022 -11.94% -2.59% 1.01x 4.57x €-340.29 Million
2023 8.49% 2.90% 0.83x 3.54x €-23.70 Million
2024 13.85% 7.88% 0.73x 2.40x €84.45 Million

Industry Comparison

This section compares Mainova AG's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

  • Industry: Utilities - Regulated Electric
  • Average net assets among peers: $4,988,001,140,556
  • Average return on equity (ROE) among peers: 2.91%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mainova AG (MNV6) €2.25 Billion 11.55% 1.26x $2.67 Billion
BEIJ.JINGNENG CL.ERG.HYC1 (BJ6) $37.48 Billion 8.92% 1.70x $793.97 Million
CENTRAL PUERTO ADR/1 AP1 (C3TA) $2.62 Trillion 13.24% 0.40x $2.14 Billion
Companhia Energética de Minas Gerais (CID) $15.94 Billion 10.93% 2.76x $4.16 Billion
CLP HLDGS LTD ADR/1 HD 5 (CLP1) $117.42 Billion 9.08% 1.03x $19.96 Billion
S.ENER.ELEC.SP.GDR REGS 1 (ECEA) $4.95 Billion -11.16% 0.59x $1.10 Billion
ENDESA ADR/ 1/2 EO 120 (ENAA) $5.76 Billion 44.13% 7.70x $34.26 Billion
Korea Electric Power Corporation (KOP) $42.00 Trillion -58.25% 4.59x $14.77 Billion
National Grid plc (NNGD) $20.38 Billion 38.24% 2.23x $71.15 Billion
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (PWD1) $73.69 Billion -28.96% 2.23x $544.02 Million

About Mainova AG

F:MNV6 Germany Utilities - Regulated Electric
Market Cap
$3.12 Billion
€2.67 Billion EUR
Market Cap Rank
#5397 Global
#852 in Germany
Share Price
€356.00
Change (1 day)
+0.00%
52-Week Range
€316.00 - €396.00
All Time High
€583.18
Categories
Companies in Germany Utilities - Regulated Electric
About

Mainova AG operates as an energy service provider in Germany. It operates through Electricity Supply; Gas Supply; Generation and District Heating; Renewable Energy/Energy Services; Water Supply; Investments; and Other Activities segments. The company generates and supplies electricity and heat using thermal, wind, solar, and biomass power plants; and PV business, contracting, and energy services.… Read more