THALASSA HLDG.NEW DL-01 (TH2P) - Net Assets
Based on the latest financial reports, THALASSA HLDG.NEW DL-01 (TH2P) has net assets worth €8.81 Million EUR (≈ $10.30 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 (€9.29 Million ≈ $10.86 Million USD) and total liabilities (€480.38K ≈ $561.62K 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. See THALASSA HLDG.NEW DL-01 (TH2P) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.81 Million |
| % of Total Assets | 94.83% |
| Annual Growth Rate | -5.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.74 |
THALASSA HLDG.NEW DL-01 - Net Assets Trend (2021–2025)
This chart illustrates how THALASSA HLDG.NEW DL-01's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of THALASSA HLDG.NEW DL-01.
Annual Net Assets for THALASSA HLDG.NEW DL-01 (2021–2025)
The table below shows the annual net assets of THALASSA HLDG.NEW DL-01 from 2021 to 2025. Also explore how fast is THALASSA HLDG.NEW DL-01 growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €8.81 Million ≈ $10.30 Million |
-15.21% |
| 2024-12-31 | €10.39 Million ≈ $12.15 Million |
+12.85% |
| 2023-12-31 | €9.21 Million ≈ $10.76 Million |
-10.60% |
| 2022-12-31 | €10.30 Million ≈ $12.04 Million |
-7.67% |
| 2021-12-31 | €11.15 Million ≈ $13.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to THALASSA HLDG.NEW DL-01'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 472414200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €17.81 Million | 202.14% |
| Total Equity | €8.81 Million | 100.00% |
THALASSA HLDG.NEW DL-01 Competitors by Market Cap
The table below lists competitors of THALASSA HLDG.NEW DL-01 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EAM Solar ASA
OL:EAM
|
$3.97 Million |
|
Wah Fu Education Group Ltd
NASDAQ:WAFU
|
$3.97 Million |
|
Click Holdings Limited
NASDAQ:CLIK
|
$3.98 Million |
|
AM Resources Corp
V:AMR
|
$3.98 Million |
|
Alvo Minerals Ltd
AU:ALV
|
$3.97 Million |
|
NLS Pharmaceutics AG
NASDAQ:NLSP
|
$3.97 Million |
|
Wi2Wi Corporation
V:YTY
|
$3.96 Million |
|
Nrgene Technologies Ltd
TA:NRGN
|
$3.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in THALASSA HLDG.NEW DL-01's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,389,796 to 8,809,538, a change of -1,580,258 (-15.2%).
- Net loss of 1,368,414 reduced equity.
- New share issuances of 144,738 increased equity.
- Other factors decreased equity by 356,582.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.37 Million | -15.53% |
| Share Issuances | €144.74K | +1.64% |
| Other Changes | €-356.58K | -4.05% |
| Total Change | €- | -15.21% |
Book Value vs Market Value Analysis
This analysis compares THALASSA HLDG.NEW DL-01'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: 0.39x
- 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 0.15x to 0.39x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €1.40 | €0.20 | x |
| 2022-12-31 | €1.30 | €0.20 | x |
| 2023-12-31 | €1.16 | €0.20 | x |
| 2024-12-31 | €0.62 | €0.20 | x |
| 2025-12-31 | €0.53 | €0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently THALASSA HLDG.NEW DL-01 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): -15.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -329.41%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.05x
- Recent ROE (-15.53%) is below the historical average (-8.99%), 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 | 4.10% | 329.41% | 0.01x | 1.61x | €-658.59K |
| 2022 | -14.08% | -489.89% | 0.02x | 1.28x | €-2.48 Million |
| 2023 | -9.69% | -166.44% | 0.04x | 1.34x | €-1.81 Million |
| 2024 | -9.76% | 0.00% | -0.02x | 1.06x | €-2.05 Million |
| 2025 | -15.53% | -329.41% | 0.04x | 1.05x | €-2.25 Million |
Industry Comparison
This section compares THALASSA HLDG.NEW DL-01's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $7,872,588,211
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| THALASSA HLDG.NEW DL-01 (TH2P) | €8.81 Million | 4.10% | 0.05x | $3.97 Million |
| Petrolia SE (0PE) | $101.54 Million | 1.37% | 0.69x | $30.70 Million |
| TechnipFMC PLC (1T1) | $13.41 Billion | 0.84% | 1.11x | $25.51 Billion |
| Honghua Group Limited (4HB) | $3.19 Billion | -19.86% | 2.86x | $120.73 Million |
| Anton Oilfield Services Group (5AO) | $2.95 Billion | 1.85% | 1.63x | $236.58 Million |
| HILONG HOLDING LTD HD-10 (8HL) | $3.04 Billion | 1.45% | 1.32x | $38.69 Million |
| GAZTR.TECHNI.U.ADR1/5EO01 (9TG0) | $589.70 Million | 70.14% | 0.77x | $7.76 Billion |
| China Oilfield Services Limited (CO9) | $47.32 Billion | 15.83% | 0.84x | $1.64 Billion |
| CIMC Enric Holdings Limited (E8F) | $6.55 Billion | 12.00% | 1.42x | $1.97 Billion |
| GULF MARINE SVCS LS -02 (G0M) | $330.28 Million | 12.52% | 1.02x | $241.95 Million |
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | $1.24 Billion | -11.15% | 0.94x | $19.10 Million |
About THALASSA HLDG.NEW DL-01
Thalassa Holdings Limited, a holding company, engages in the research and development of autonomous underwater vehicles in the British Virgin Island. Thalassa Holdings Limited was incorporated in 2007 and is based in Road Town, the British Virgin Islands.