G.M. LEATHER S.P.A. (N78) - Net Assets
Based on the latest financial reports, G.M. LEATHER S.P.A. (N78) has net assets worth €13.56 Million EUR (≈ $15.85 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€55.78 Million ≈ $65.22 Million USD) and total liabilities (€42.22 Million ≈ $49.36 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 G.M. LEATHER S.P.A. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.56 Million |
| % of Total Assets | 24.31% |
| Annual Growth Rate | 24.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.57 |
G.M. LEATHER S.P.A. - Net Assets Trend (2021–2025)
This chart illustrates how G.M. LEATHER S.P.A.'s net assets have evolved over time, based on quarterly financial data. Also explore G.M. LEATHER S.P.A. assets under control for the complete picture of this company's asset base.
Annual Net Assets for G.M. LEATHER S.P.A. (2021–2025)
The table below shows the annual net assets of G.M. LEATHER S.P.A. from 2021 to 2025. For live valuation and market cap data, see G.M. LEATHER S.P.A. (N78) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €13.56 Million ≈ $15.85 Million |
+0.32% |
| 2024-12-31 | €13.52 Million ≈ $15.80 Million |
+0.47% |
| 2023-12-31 | €13.46 Million ≈ $15.73 Million |
+14.84% |
| 2022-12-31 | €11.72 Million ≈ $13.70 Million |
+104.90% |
| 2021-12-31 | €5.72 Million ≈ $6.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to G.M. LEATHER 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 99.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €18.16K | 0.13% |
| Other Components | €13.53 Million | 99.87% |
| Total Equity | €13.55 Million | 100.00% |
G.M. LEATHER S.P.A. Competitors by Market Cap
The table below lists competitors of G.M. LEATHER S.P.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Packaging Tech (Malaysia)
KLSE:9148
|
$11.55 Million |
|
Prasidha Aneka Niaga Tbk
JK:PSDN
|
$11.56 Million |
|
ABERA BIOSCIENCE AB
F:8WK
|
$11.56 Million |
|
Clean & Science co. Ltd
KQ:045520
|
$11.57 Million |
|
Media Investment Optimization SL
MC:MIO
|
$11.52 Million |
|
B+S Banksysteme Aktiengesellschaft
F:DTD2
|
$11.52 Million |
|
FUXING CHINA GRP SD 5
F:3FU1
|
$11.52 Million |
|
Focus Lumber Bhd
KLSE:5197
|
$11.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in G.M. LEATHER S.P.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,513,456 to 13,549,212, a change of 35,756 (0.3%).
- Net income of 18,159 contributed positively to equity growth.
- New share issuances of 12,544 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €18.16K | +0.13% |
| Share Issuances | €12.54K | +0.09% |
| Other Changes | €5.05K | +0.04% |
| Total Change | €- | 0.26% |
Book Value vs Market Value Analysis
This analysis compares G.M. LEATHER 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: 0.50x
- 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 1.17x to 0.50x 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 | €0.49 | €0.58 | x |
| 2022-12-31 | €0.99 | €0.58 | x |
| 2023-12-31 | €1.20 | €0.58 | x |
| 2024-12-31 | €1.20 | €0.58 | x |
| 2025-12-31 | €1.15 | €0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently G.M. LEATHER 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): 0.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.04%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 4.12x
- Recent ROE (0.13%) is below the historical average (15.56%), 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 | 42.91% | 4.94% | 1.60x | 5.43x | €1.88 Million |
| 2022 | 17.18% | 4.93% | 1.08x | 3.22x | €840.82K |
| 2023 | 15.16% | 4.89% | 0.77x | 4.03x | €694.84K |
| 2024 | 2.42% | 0.80% | 0.71x | 4.31x | €-1.02 Million |
| 2025 | 0.13% | 0.04% | 0.72x | 4.12x | €-1.34 Million |
Industry Comparison
This section compares G.M. LEATHER S.P.A.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $304,038,140,914
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| G.M. LEATHER S.P.A. (N78) | €13.56 Million | 42.91% | 3.11x | $11.53 Million |
| TORAY INDUSTRIES ADR/2 (6HK) | $1.82 Trillion | 4.28% | 0.81x | $9.16 Billion |
| Dierig Holding AG (DIE) | $19.55 Million | 12.06% | 3.95x | $33.65 Million |
| Kingdom Holdings Limited (K7A) | $1.23 Billion | -0.81% | 1.15x | $72.74 Million |
| Hoftex Group AG (NBH) | $107.29 Million | -1.23% | 0.57x | $22.32 Million |
| Best Pacific International Holdings Limited (NWQ) | $2.30 Billion | 13.22% | 0.83x | $307.78 Million |
| Vereinigte Filzfabriken AG (VFF) | $2.11 Million | 0.00% | 3.15x | $18.05 Million |
About G.M. LEATHER S.P.A.
G.M. Leather S.p.A. manufactures, market, and sells semi-finished and finished leathers in Italy and internationally. The company offers its products for footwear, furniture, leather goods, and fashion sectors. The company was founded in 2011 and is headquartered in Arzignano, Italy.