Südwestdeutsche Salzwerke AG
Südwestdeutsche Salzwerke AG, together with its subsidiaries, mines, produces, and sells salt in Germany, the European Union, and internationally. It operates through Salt, Waste Management, and All Other segments. The company offers sea salt under the Aquasale brand; food grade salt comprising evaporated table, cheese, pretzel, and compacted evaporated salt under the SALTA and JOSAL brands; nitr… Read more
Südwestdeutsche Salzwerke AG (SSH) - Net Assets
Latest net assets as of June 2025: €262.40 Million EUR
Based on the latest financial reports, Südwestdeutsche Salzwerke AG (SSH) has net assets worth €262.40 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€531.12 Million) and total liabilities (€268.72 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 | €262.40 Million |
| % of Total Assets | 49.41% |
| Annual Growth Rate | 1.56% |
| 5-Year Change | 27.47% |
| 10-Year Change | 17.75% |
| Growth Volatility | 6.15 |
Südwestdeutsche Salzwerke AG - Net Assets Trend (2013–2024)
This chart illustrates how Südwestdeutsche Salzwerke 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 Südwestdeutsche Salzwerke AG (2013–2024)
The table below shows the annual net assets of Südwestdeutsche Salzwerke AG from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €268.77 Million | +6.19% |
| 2023-12-31 | €253.10 Million | +6.75% |
| 2022-12-31 | €237.09 Million | -0.65% |
| 2021-12-31 | €238.65 Million | +13.18% |
| 2020-12-31 | €210.85 Million | -5.34% |
| 2019-12-31 | €222.75 Million | -9.77% |
| 2018-12-31 | €246.86 Million | +3.73% |
| 2017-12-31 | €237.99 Million | +3.67% |
| 2016-12-31 | €229.57 Million | +0.57% |
| 2015-12-31 | €228.26 Million | +4.89% |
| 2014-12-31 | €217.63 Million | -3.95% |
| 2013-12-31 | €226.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Südwestdeutsche Salzwerke 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 26.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €214.36 Million | 79.93% |
| Other Components | €53.84 Million | 20.07% |
| Total Equity | €268.20 Million | 100.00% |
Südwestdeutsche Salzwerke AG Competitors by Market Cap
The table below lists competitors of Südwestdeutsche Salzwerke AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IBI Inv House
TA:IBI
|
$14.67 Million |
|
Aspen Insurance Holdings Limited
NYSE:AHL
|
$14.67 Million |
|
Fill Up Media SA
PA:ALFUM
|
$14.68 Million |
|
Bokusgruppen AB
ST:BOKUS
|
$14.68 Million |
|
Thanulux Public Company Limited
BK:TNL
|
$14.66 Million |
|
CANUC RES CORP.
F:C8SN
|
$14.66 Million |
|
Mindteck (India) Limited
NSE:MINDTECK
|
$14.65 Million |
|
HOPSCOTCH GROUPE SA EO-75
F:4Z2
|
$14.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Südwestdeutsche Salzwerke AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 252,615,000 to 268,198,000, a change of 15,583,000 (6.2%).
- Net income of 32,533,000 contributed positively to equity growth.
- Dividend payments of 17,373,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €32.53 Million | +12.13% |
| Dividends Paid | €17.37 Million | -6.48% |
| Other Changes | €423.00K | +0.16% |
| Total Change | €- | 6.17% |
Book Value vs Market Value Analysis
This analysis compares Südwestdeutsche Salzwerke 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: 2.66x
- 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 3.03x to 2.66x 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 | €22.41 | €68.00 | x |
| 2018-12-31 | €23.25 | €68.00 | x |
| 2019-12-31 | €20.97 | €68.00 | x |
| 2020-12-31 | €19.84 | €68.00 | x |
| 2021-12-31 | €22.68 | €68.00 | x |
| 2022-12-31 | €22.52 | €68.00 | x |
| 2023-12-31 | €24.04 | €68.00 | x |
| 2024-12-31 | €25.52 | €68.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Südwestdeutsche Salzwerke 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): 12.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.64%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.94x
- Recent ROE (12.13%) is above the historical average (9.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.64% | 12.69% | 0.94x | 1.47x | €17.04 Million |
| 2014 | 5.23% | 4.93% | 0.73x | 1.46x | €-10.23 Million |
| 2015 | 11.36% | 10.03% | 0.79x | 1.43x | €3.06 Million |
| 2016 | 8.12% | 7.69% | 0.76x | 1.39x | €-4.26 Million |
| 2017 | 11.07% | 9.59% | 0.83x | 1.40x | €2.52 Million |
| 2018 | 10.32% | 9.27% | 0.82x | 1.36x | €791.60K |
| 2019 | -2.09% | -1.58% | 0.80x | 1.65x | €-26.63 Million |
| 2020 | 3.01% | 2.49% | 0.71x | 1.71x | €-14.56 Million |
| 2021 | 18.93% | 13.21% | 0.82x | 1.76x | €21.28 Million |
| 2022 | 4.76% | 3.71% | 0.78x | 1.64x | €-12.40 Million |
| 2023 | 12.84% | 9.61% | 0.73x | 1.84x | €7.17 Million |
| 2024 | 12.13% | 9.64% | 0.65x | 1.94x | €5.71 Million |
Industry Comparison
This section compares Südwestdeutsche Salzwerke AG's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,832,678,733,200
- Average return on equity (ROE) among peers: 0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Südwestdeutsche Salzwerke AG (SSH) | €262.40 Million | 17.64% | 1.02x | $14.67 Million |
| COFCO Joycome Foods Limited (0M7) | $9.25 Billion | -0.10% | 0.76x | $482.93 Million |
| WH Group Ltd (0WH) | $9.69 Billion | 11.03% | 1.00x | $7.82 Billion |
| A2 Milk Company Ltd (14L) | $1.08 Billion | 7.44% | 0.27x | $4.22 Billion |
| HOCHDORF HLDG AG (1Z3) | $157.90 Million | -6.47% | 0.72x | $3.93 Million |
| PT Salim Ivomas Pratama Tbk (2IR) | $23.99 Trillion | 6.46% | 0.55x | $11.50 Million |
| DaChan Food (Asia) Limited (3DS) | $2.27 Billion | 6.85% | 0.52x | $17.89 Million |
| Global Sweeteners Holdings Limited (3GS) | $-218.25 Million | 0.00% | 0.00x | $2.66 Million |
| Meiji Holdings Co. Ltd (3M0) | $713.02 Billion | 12.27% | 0.57x | $5.87 Billion |
| Megmilk Snow Brand Co. Ltd (6MG) | $116.45 Billion | 2.21% | 1.87x | $839.43 Million |
| PT Eagle High Plantations Tbk (7B7) | $3.49 Trillion | -31.00% | 3.32x | $31.04 Million |