Logwin AG (TGHN) - Net Assets
Based on the latest financial reports, Logwin AG (TGHN) has net assets worth €364.92 Million EUR (≈ $426.63 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€749.37 Million ≈ $876.09 Million USD) and total liabilities (€384.45 Million ≈ $449.46 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. Read total liabilities of Logwin AG for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €364.92 Million |
| % of Total Assets | 48.7% |
| Annual Growth Rate | 13.25% |
| 5-Year Change | 67.41% |
| 10-Year Change | N/A |
| Growth Volatility | 7.78 |
Logwin AG - Net Assets Trend (2016–2024)
This chart illustrates how Logwin AG's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Logwin AG for the complete picture of this company's asset base.
Annual Net Assets for Logwin AG (2016–2024)
The table below shows the annual net assets of Logwin AG from 2016 to 2024. For live valuation and market cap data, see TGHN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €376.41 Million ≈ $440.07 Million |
+7.04% |
| 2023-12-31 | €351.66 Million ≈ $411.13 Million |
+1.52% |
| 2022-12-31 | €346.39 Million ≈ $404.97 Million |
+22.62% |
| 2021-12-31 | €282.49 Million ≈ $330.25 Million |
+25.63% |
| 2020-12-31 | €224.85 Million ≈ $262.88 Million |
+7.82% |
| 2019-12-31 | €208.55 Million ≈ $243.82 Million |
+12.92% |
| 2018-12-31 | €184.69 Million ≈ $215.92 Million |
+19.10% |
| 2017-12-31 | €155.07 Million ≈ $181.29 Million |
+11.44% |
| 2016-12-31 | €139.15 Million ≈ $162.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Logwin 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 16222000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €122.30 Million | 32.60% |
| Other Components | €252.88 Million | 67.40% |
| Total Equity | €375.18 Million | 100.00% |
Logwin AG Competitors by Market Cap
The table below lists competitors of Logwin AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Walton Advanced Engineering Inc
TW:8110
|
$714.62 Million |
|
Sapphire Foods India Limited
NSE:SAPPHIRE
|
$714.63 Million |
|
CRH PLC
LSE:CRH
|
$714.63 Million |
|
Saimo Electric Co Ltd
SHE:300466
|
$714.69 Million |
|
Atal SA
WAR:1AT
|
$714.36 Million |
|
Shanghai GuAo Electronic Technology Co Ltd
SHE:300551
|
$714.08 Million |
|
Plan B Media Public Company Limited
BK:PLANB-R
|
$714.07 Million |
|
Wesure Global Tech Ltd
TA:WESR
|
$714.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Logwin AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 349,700,000 to 375,179,000, a change of 25,479,000 (7.3%).
- Net income of 64,523,000 contributed positively to equity growth.
- Dividend payments of 40,309,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €64.52 Million | +17.2% |
| Dividends Paid | €40.31 Million | -10.74% |
| Other Changes | €1.26 Million | +0.34% |
| Total Change | €- | 7.29% |
Book Value vs Market Value Analysis
This analysis compares Logwin 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: 2.16x
- 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 5.27x to 2.16x 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 | €53.53 | €282.00 | x |
| 2018-12-31 | €63.70 | €282.00 | x |
| 2019-12-31 | €71.94 | €282.00 | x |
| 2020-12-31 | €77.76 | €282.00 | x |
| 2021-12-31 | €97.65 | €282.00 | x |
| 2022-12-31 | €119.46 | €282.00 | x |
| 2023-12-31 | €121.46 | €282.00 | x |
| 2024-12-31 | €130.31 | €282.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Logwin 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): 17.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.47%
- • Asset Turnover: 1.80x
- • Equity Multiplier: 2.13x
- Recent ROE (17.20%) is below the historical average (19.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.75% | 2.62% | 2.49x | 2.88x | €12.10 Million |
| 2017 | 17.01% | 2.35% | 2.64x | 2.74x | €10.82 Million |
| 2018 | 21.03% | 3.36% | 2.44x | 2.56x | €20.27 Million |
| 2019 | 16.80% | 3.08% | 1.92x | 2.83x | €14.11 Million |
| 2020 | 15.36% | 3.06% | 1.96x | 2.56x | €12.01 Million |
| 2021 | 22.34% | 3.39% | 2.32x | 2.83x | €34.69 Million |
| 2022 | 21.01% | 3.20% | 2.71x | 2.42x | €37.85 Million |
| 2023 | 22.67% | 6.31% | 1.72x | 2.09x | €44.32 Million |
| 2024 | 17.20% | 4.47% | 1.80x | 2.13x | €27.01 Million |
Industry Comparison
This section compares Logwin AG's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $12,675,228,647
- Average return on equity (ROE) among peers: -33.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Logwin AG (TGHN) | €364.92 Million | 18.75% | 1.05x | $714.44 Million |
| INPOST S.A UNSP.ADR/1/2 (6690) | $3.18 Billion | 17.35% | 4.32x | $7.52 Billion |
| MOVEBYBIKE EUROPE AB (6ZR) | $409.00K | -401.47% | 32.33x | $464.77K |
| JD LOGISTICS DL-000025 (822) | $62.97 Billion | 9.84% | 0.87x | $10.12 Billion |
| BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877- (BLH) | $219.32 Million | 13.08% | 2.23x | $39.55 Million |
| Deutsche Post AG (DHL) | $13.86 Billion | 13.60% | 15.99x | $56.42 Billion |
| Kuehne + Nagel International AG (KNIU) | $3.27 Billion | 36.17% | 2.59x | $22.79 Billion |
| Müller - Die lila Logistik AG (MLL) | $13.68 Million | 0.00% | 1.95x | $39.30 Million |
| SINOTRANS LTD H YC 1 (SIY) | $30.25 Billion | 9.27% | 1.05x | $1.27 Billion |
| Logwin AG (TGHN) | $321.05 Million | 0.28% | 1.84x | $823.46 Million |
About Logwin AG
Logwin AG provides logistics and transport solutions in Germany, Austria, other European countries, Asia/Pacific, and internationally. It operates through two segments, Air + Ocean and Solution. The Air + Ocean segment engages in the intercontinental air and ocean freight activities. The Solutions segment develops individual solutions for customers in the consumer goods, retail, and fashion secto… Read more