Natural Health Trends Corp (NAH) - Net Assets
Based on the latest financial reports, Natural Health Trends Corp (NAH) has net assets worth €16.46 Million EUR (≈ $19.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€31.95 Million ≈ $37.35 Million USD) and total liabilities (€15.49 Million ≈ $18.10 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 Natural Health Trends Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €16.46 Million |
| % of Total Assets | 51.53% |
| Annual Growth Rate | -8.48% |
| 5-Year Change | -60.62% |
| 10-Year Change | -71.58% |
| Growth Volatility | 20.02 |
Natural Health Trends Corp - Net Assets Trend (2015–2025)
This chart illustrates how Natural Health Trends Corp's net assets have evolved over time, based on quarterly financial data. See NAH cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Natural Health Trends Corp (2015–2025)
The table below shows the annual net assets of Natural Health Trends Corp from 2015 to 2025. For live valuation and market cap data, see NAH market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €23.43 Million ≈ $27.39 Million |
-28.73% |
| 2024-12-31 | €32.87 Million ≈ $38.43 Million |
-20.98% |
| 2023-12-31 | €41.60 Million ≈ $48.63 Million |
-17.05% |
| 2022-12-31 | €50.15 Million ≈ $58.63 Million |
-15.70% |
| 2021-12-31 | €59.49 Million ≈ $69.55 Million |
-12.13% |
| 2020-12-31 | €67.70 Million ≈ $79.14 Million |
-9.81% |
| 2019-12-31 | €75.06 Million ≈ $87.76 Million |
-16.47% |
| 2018-12-31 | €89.86 Million ≈ $105.06 Million |
-0.84% |
| 2017-12-31 | €90.62 Million ≈ $105.95 Million |
+9.92% |
| 2016-12-31 | €82.44 Million ≈ $96.38 Million |
+45.12% |
| 2015-12-31 | €56.81 Million ≈ $66.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Natural Health Trends Corp'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 2678900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €59.87 Million | 255.52% |
| Total Equity | €23.43 Million | 100.00% |
Natural Health Trends Corp Competitors by Market Cap
The table below lists competitors of Natural Health Trends Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astral Asia Bhd
KLSE:7054
|
$15.64 Million |
|
Unimit Engineering Public Company Limited
BK:UEC
|
$15.65 Million |
|
Georgia Capital PLC
LSE:CGEO
|
$15.65 Million |
|
Barnwell Industries Inc
NYSE MKT:BRN
|
$15.66 Million |
|
Pilulka Lekarny as
PR:PINK
|
$15.64 Million |
|
LEXINGTO GOLD NEW DL-003
F:XX40
|
$15.64 Million |
|
G3 Global Bhd
KLSE:7184
|
$15.63 Million |
|
TPC Co. Ltd
KQ:130740
|
$15.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Natural Health Trends Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,872,000 to 23,429,000, a change of -9,443,000 (-28.7%).
- Net loss of 882,000 reduced equity.
- Dividend payments of 9,210,000 reduced retained earnings.
- Other factors increased equity by 649,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-882.00K | -3.76% |
| Dividends Paid | €9.21 Million | -39.31% |
| Other Changes | €649.00K | +2.77% |
| Total Change | €- | -28.73% |
Book Value vs Market Value Analysis
This analysis compares Natural Health Trends Corp'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: 0.77x
- 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 increased from 0.20x to 0.77x 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 | €7.99 | €1.56 | x |
| 2018-12-31 | €7.90 | €1.56 | x |
| 2019-12-31 | €6.57 | €1.56 | x |
| 2020-12-31 | €5.93 | €1.56 | x |
| 2021-12-31 | €5.21 | €1.56 | x |
| 2022-12-31 | €4.39 | €1.56 | x |
| 2023-12-31 | €3.61 | €1.56 | x |
| 2024-12-31 | €2.86 | €1.56 | x |
| 2025-12-31 | €2.03 | €1.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Natural Health Trends Corp 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): -3.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.22%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.64x
- Recent ROE (-3.76%) is below the historical average (18.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 83.16% | 17.84% | 2.13x | 2.19x | €41.56 Million |
| 2016 | 66.82% | 19.15% | 1.94x | 1.80x | €46.84 Million |
| 2017 | 26.02% | 11.93% | 1.24x | 1.76x | €14.52 Million |
| 2018 | 34.54% | 16.17% | 1.22x | 1.76x | €22.05 Million |
| 2019 | -7.47% | -7.23% | 0.65x | 1.58x | €-13.12 Million |
| 2020 | 1.25% | 1.36% | 0.59x | 1.56x | €-5.93 Million |
| 2021 | 1.82% | 1.81% | 0.61x | 1.65x | €-4.86 Million |
| 2022 | 0.62% | 0.64% | 0.59x | 1.65x | €-4.70 Million |
| 2023 | 1.37% | 1.29% | 0.64x | 1.66x | €-3.59 Million |
| 2024 | 1.74% | 1.33% | 0.78x | 1.68x | €-2.72 Million |
| 2025 | -3.76% | -2.22% | 1.04x | 1.64x | €-3.22 Million |
Industry Comparison
This section compares Natural Health Trends Corp's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $65,334,461,808
- Average return on equity (ROE) among peers: -16.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Natural Health Trends Corp (NAH) | €16.46 Million | 83.16% | 0.94x | $15.64 Million |
| JD.com Inc Adr (013A) | $204.49 Billion | 24.16% | 1.07x | $34.07 Billion |
| JD.com Inc. (013C) | $296.38 Billion | 8.15% | 1.12x | $35.76 Billion |
| Vipshop Holdings Limited (1VPA) | $38.56 Billion | 21.05% | 0.88x | $5.36 Billion |
| BAOZUN INC. A DL -0001 (2BZ) | $6.48 Billion | -3.39% | 0.90x | $124.51 Million |
| Baozun Inc (2BZA) | $2.20 Billion | 12.29% | 0.83x | $130.21 Million |
| YESASIA HOLDINGS LTD (4CM) | $52.99 Million | 35.96% | 1.28x | $135.32 Million |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $7.84 Million | -16.31% | 1.07x | $6.29 Million |
| MERCARI INC. UNSP.ADR/1/2 (6TP0) | $99.64 Billion | 26.21% | 4.46x | $3.35 Billion |
| Coupang Inc. (788) | $2.18 Billion | -70.91% | 2.97x | $25.88 Billion |
| D-MARKET E.S.+T.SP.ADR/1B (8WZ) | $3.37 Billion | -205.50% | 3.93x | $834.81 Million |
About Natural Health Trends Corp
Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand. The company offers wellness products, such as liquid, encapsulated, tableted and powder dietary and nutritional supplements, vitamins, and minerals; and herbal products, including herbal supplements. It also provides beauty products comprising … Read more