GENERALFINANCE SPA (VG30) - Net Assets
Based on the latest financial reports, GENERALFINANCE SPA (VG30) has net assets worth €98.38 Million EUR (≈ $115.02 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 (€842.14 Million ≈ $984.55 Million USD) and total liabilities (€743.76 Million ≈ $869.53 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 GENERALFINANCE SPA (VG30) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €98.38 Million |
| % of Total Assets | 11.68% |
| Annual Growth Rate | 32.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.97 |
GENERALFINANCE SPA - Net Assets Trend (2021–2025)
This chart illustrates how GENERALFINANCE SPA's net assets have evolved over time, based on quarterly financial data. Also explore total assets of GENERALFINANCE SPA for the complete picture of this company's asset base.
Annual Net Assets for GENERALFINANCE SPA (2021–2025)
The table below shows the annual net assets of GENERALFINANCE SPA from 2021 to 2025. For live valuation and market cap data, see market cap of GENERALFINANCE SPA.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €98.38 Million ≈ $115.02 Million |
+22.84% |
| 2024-12-31 | €80.09 Million ≈ $93.63 Million |
+20.55% |
| 2023-12-31 | €66.43 Million ≈ $77.67 Million |
+17.01% |
| 2022-12-31 | €56.77 Million ≈ $66.38 Million |
+77.61% |
| 2021-12-31 | €31.97 Million ≈ $37.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GENERALFINANCE SPA'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 204.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €28.76 Million | 29.23% |
| Other Components | €69.62 Million | 70.77% |
| Total Equity | €98.38 Million | 100.00% |
GENERALFINANCE SPA Competitors by Market Cap
The table below lists competitors of GENERALFINANCE SPA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
$366.46 Million |
|
Long Chen Paper Co Ltd
TW:1909
|
$366.54 Million |
|
Altshuler Shaham Financial LTD
TA:ALTF
|
$366.59 Million |
|
Iljin HySolus Co Ltd
KO:271940
|
$366.67 Million |
|
Khgears International Limited
TW:4571
|
$366.41 Million |
|
Bafang Yunji Intl Co Ltd
TW:2753
|
$366.39 Million |
|
Plumas Bancorp
NASDAQ:PLBC
|
$366.39 Million |
|
Eche Izquierdo
SN:EISA
|
$366.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GENERALFINANCE SPA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 80,087,902 to 98,378,723, a change of 18,290,821 (22.8%).
- Net income of 28,756,157 contributed positively to equity growth.
- Dividend payments of 10,487,105 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €28.76 Million | +29.23% |
| Dividends Paid | €10.49 Million | -10.66% |
| Other Changes | €21.77K | +0.02% |
| Total Change | €- | 22.84% |
Book Value vs Market Value Analysis
This analysis compares GENERALFINANCE SPA'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: 3.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 10.86x to 3.52x 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 | €2.52 | €27.40 | x |
| 2022-12-31 | €4.48 | €27.40 | x |
| 2023-12-31 | €5.24 | €27.40 | x |
| 2024-12-31 | €6.32 | €27.40 | x |
| 2025-12-31 | €7.79 | €27.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GENERALFINANCE SPA 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): 29.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.71%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 8.56x
- Recent ROE (29.23%) is above the historical average (25.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 29.57% | 31.51% | 0.08x | 11.43x | €6.26 Million |
| 2022 | 19.17% | 26.27% | 0.09x | 7.82x | €5.21 Million |
| 2023 | 22.68% | 24.18% | 0.12x | 7.53x | €8.42 Million |
| 2024 | 26.34% | 26.10% | 0.11x | 9.61x | €13.09 Million |
| 2025 | 29.23% | 28.71% | 0.12x | 8.56x | €18.92 Million |
Industry Comparison
This section compares GENERALFINANCE SPA's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $6,097,004,150
- Average return on equity (ROE) among peers: -11.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GENERALFINANCE SPA (VG30) | €98.38 Million | 29.57% | 7.56x | $366.42 Million |
| Yiren Digital Ltd (19YA) | $6.03 Billion | 19.81% | 0.42x | $122.70 Million |
| Qudian Inc (1QU) | $9.54 Billion | 22.69% | 1.03x | $221.07 Million |
| Yixin Group Limited (1YX) | $15.34 Billion | -119.48% | 1.79x | $1.22 Billion |
| TRUFIN PLC (29U) | $40.10 Million | -16.55% | 0.63x | $141.30 Million |
| 51 CREDIT CARD DL-00001 (2JY) | $758.75 Million | -30.80% | 1.05x | $114.10 Million |
| CREDIT CORP. GROUP LTD. (2RC) | $890.27 Million | 10.57% | 0.57x | $490.08 Million |
| HANHUA FNCL HLDG CO.H YC1 (5HF) | $7.93 Billion | 0.40% | 0.66x | $11.63 Million |
| Genertec Universal Medical Group Company Limited (5UM) | $20.37 Billion | 10.36% | 2.94x | $1.30 Billion |
| HARMONEY CORP. LTD (6DR) | $65.31 Million | -27.87% | 9.74x | $40.54 Million |
| PREMIA FINANCE O.N. (81U) | $2.89 Million | 20.84% | 0.56x | $1.82 Million |
About GENERALFINANCE SPA
Generalfinance S.p.A. provides factoring service for distressed companies in Italy. It operates in two segments, Corporate and Retail. Generalfinance S.p.A. was formerly known as Prestoleasing S.p.A. and changed its name to Generalfinance S.p.A. in 1990. The company was incorporated in 1982 and is based in Milan, Italy.