Gelsenwasser AG
Gelsenwasser AG engages in the water, energy, and service businesses in Germany, the Czech Republic, and Poland. It operates through Water, Wastewater, Energy Networks, Energy Procurement & Sales, and Investments and Projects segments. The company engages in the purchase, production, sale, and transport, and distribution of drinking water; investment in municipal utilities; planning, construction… Read more
Gelsenwasser AG (WWG) - Net Assets
Latest net assets as of June 2025: €1.04 Billion EUR
Based on the latest financial reports, Gelsenwasser AG (WWG) has net assets worth €1.04 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.94 Billion) and total liabilities (€1.91 Billion). 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 | €1.04 Billion |
| % of Total Assets | 35.16% |
| Annual Growth Rate | 3.04% |
| 5-Year Change | 33.13% |
| 10-Year Change | 43.8% |
| Growth Volatility | 4.46 |
Gelsenwasser AG - Net Assets Trend (2013–2024)
This chart illustrates how Gelsenwasser 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 Gelsenwasser AG (2013–2024)
The table below shows the annual net assets of Gelsenwasser AG from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.05 Billion | +9.07% |
| 2023-12-31 | €960.80 Million | +1.77% |
| 2022-12-31 | €944.10 Million | +10.93% |
| 2021-12-31 | €851.10 Million | +8.13% |
| 2020-12-31 | €787.10 Million | -0.24% |
| 2019-12-31 | €789.00 Million | +1.28% |
| 2018-12-31 | €779.00 Million | +3.59% |
| 2017-12-31 | €752.00 Million | +1.61% |
| 2016-12-31 | €740.10 Million | +1.56% |
| 2015-12-31 | €728.70 Million | +2.35% |
| 2014-12-31 | €712.00 Million | -5.58% |
| 2013-12-31 | €754.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gelsenwasser 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 48.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €907.10 Million | 86.66% |
| Other Components | €139.60 Million | 13.34% |
| Total Equity | €1.05 Billion | 100.00% |
Gelsenwasser AG Competitors by Market Cap
The table below lists competitors of Gelsenwasser AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Yike Food Group Co.Ltd
SHE:301116
|
$138.35 Million |
|
Rimini Street Inc
NASDAQ:RMNI
|
$138.40 Million |
|
PT Super Bank Indonesia Tbk
JK:SUPA
|
$138.40 Million |
|
Dacotah Banks Inc
OTCQX:DBIN
|
$138.40 Million |
|
Jiangsu Hongde Special Parts Co.Ltd.
SHE:301163
|
$138.31 Million |
|
Caltagirone S.p.A. Ord
LSE:0OIY
|
$138.29 Million |
|
Astral Resources NL
AU:AAR
|
$138.29 Million |
|
ASIX Electronics
TWO:3169
|
$138.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gelsenwasser AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 959,600,000 to 1,046,700,000, a change of 87,100,000 (9.1%).
- Net income of 117,200,000 contributed positively to equity growth.
- Share repurchases of 87,000,000 reduced equity.
- Other factors increased equity by 56,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €117.20 Million | +11.2% |
| Share Repurchases | €87.00 Million | -8.31% |
| Other Changes | €56.90 Million | +5.44% |
| Total Change | €- | 9.08% |
Book Value vs Market Value Analysis
This analysis compares Gelsenwasser 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: 1.82x
- 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 2.54x to 1.82x 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 | €218.41 | €555.00 | x |
| 2018-12-31 | €226.27 | €555.00 | x |
| 2019-12-31 | €229.18 | €555.00 | x |
| 2020-12-31 | €228.63 | €555.00 | x |
| 2021-12-31 | €247.24 | €555.00 | x |
| 2022-12-31 | €274.30 | €555.00 | x |
| 2023-12-31 | €279.16 | €555.00 | x |
| 2024-12-31 | €304.49 | €555.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gelsenwasser 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): 11.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.96%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.86x
- Recent ROE (11.20%) is below the historical average (12.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.87% | 7.56% | 0.79x | 1.99x | €14.11 Million |
| 2014 | 13.07% | 10.23% | 0.58x | 2.20x | €21.82 Million |
| 2015 | 11.59% | 8.40% | 0.64x | 2.15x | €11.55 Million |
| 2016 | 14.77% | 10.49% | 0.65x | 2.18x | €35.21 Million |
| 2017 | 12.29% | 7.63% | 0.75x | 2.16x | €17.22 Million |
| 2018 | 14.00% | 6.17% | 1.00x | 2.27x | €31.12 Million |
| 2019 | 15.03% | 6.11% | 0.86x | 2.87x | €39.62 Million |
| 2020 | 12.04% | 5.52% | 0.78x | 2.79x | €16.01 Million |
| 2021 | 13.45% | 1.81% | 0.81x | 9.11x | €29.31 Million |
| 2022 | 8.70% | 0.61% | 2.13x | 6.65x | €-12.29 Million |
| 2023 | 13.81% | 3.27% | 1.02x | 4.12x | €36.54 Million |
| 2024 | 11.20% | 3.96% | 0.99x | 2.86x | €12.53 Million |
Industry Comparison
This section compares Gelsenwasser AG's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $331,096,885,400
- Average return on equity (ROE) among peers: 8.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gelsenwasser AG (WWG) | €1.04 Billion | 11.87% | 1.84x | $138.32 Million |
| Chubu Electric Power Company Incorporated (0C2) | $1.64 Trillion | 10.37% | 2.38x | $9.80 Billion |
| ATCO CLASS 1 (8A6) | $7.95 Billion | 3.09% | 1.89x | $3.68 Billion |
| EnBW Energie Baden-Württemberg AG (EBK) | $8.50 Billion | 4.27% | 7.39x | $3.91 Billion |
| Lechwerke AG (LEC) | $501.77 Million | 15.59% | 2.68x | $87.57 Million |
| MVV Energie AG (MVV1) | $1.43 Billion | 7.46% | 2.51x | $1.04 Billion |