Gelsenwasser AG (WWG) - Net Assets

Latest as of December 2025: €1.11 Billion EUR ≈ $1.30 Billion USD

Based on the latest financial reports, Gelsenwasser AG (WWG) has net assets worth €1.11 Billion EUR (≈ $1.30 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.87 Billion ≈ $3.36 Billion USD) and total liabilities (€1.76 Billion ≈ $2.05 Billion 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. Check Gelsenwasser AG tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€1.11 Billion
% of Total Assets	38.8%
Annual Growth Rate	3.31%
5-Year Change	30.91%
10-Year Change	50.55%
Growth Volatility	4.36

Gelsenwasser AG - Net Assets Trend (2013–2025)

This chart illustrates how Gelsenwasser AG's net assets have evolved over time, based on quarterly financial data. See Gelsenwasser AG liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Gelsenwasser AG (2013–2025)

The table below shows the annual net assets of Gelsenwasser AG from 2013 to 2025. For live valuation and market cap data, see Gelsenwasser AG stock valuation.

Year	Net Assets	Change
2025-12-31	€1.11 Billion ≈ $1.30 Billion	+6.33%
2024-12-31	€1.05 Billion ≈ $1.23 Billion	+9.07%
2023-12-31	€960.80 Million ≈ $1.12 Billion	+1.77%
2022-12-31	€944.10 Million ≈ $1.10 Billion	+10.93%
2021-12-31	€851.10 Million ≈ $995.03 Million	+8.13%
2020-12-31	€787.10 Million ≈ $920.20 Million	-0.24%
2019-12-31	€789.00 Million ≈ $922.42 Million	+1.28%
2018-12-31	€779.00 Million ≈ $910.73 Million	+3.59%
2017-12-31	€752.00 Million ≈ $879.17 Million	+1.61%
2016-12-31	€740.10 Million ≈ $865.25 Million	+1.56%
2015-12-31	€728.70 Million ≈ $851.93 Million	+2.35%
2014-12-31	€712.00 Million ≈ $832.40 Million	-5.58%
2013-12-31	€754.10 Million ≈ $881.62 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 50.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€922.10 Million	82.85%
Other Components	€190.90 Million	17.15%
Total Equity	€1.11 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
Ningbo Sunrise Elc Technology Co Ltd Class A SHE:002937	$1.86 Billion
Allied Machinery Co. Ltd. SHG:605060	$1.86 Billion
Acadian Asset Management Inc NYSE:AAMI	$1.86 Billion
Sunshine Global Circuits Co Ltd Class A SHE:300739	$1.86 Billion
China National Gold Group Gold Jewellery Co Ltd SHG:600916	$1.86 Billion
Veris Residential Inc NYSE:VRE	$1.86 Billion
Ningbo Kbe Electrical Technology Co SHE:300863	$1.85 Billion
Steelcase Inc NYSE:SCS	$1.85 Billion

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 2024 to 2025, total equity changed from 1,046,700,000 to 1,113,000,000, a change of 66,300,000 (6.3%).
Net income of 103,400,000 contributed positively to equity growth.
Share repurchases of 92,900,000 reduced equity.
Other factors increased equity by 55,800,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€103.40 Million	+9.29%
Share Repurchases	€92.90 Million	-8.35%
Other Changes	€55.80 Million	+5.01%
Total Change	€-	6.33%

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: 1.68x
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 2.50x to 1.68x 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	€545.00	x
2018-12-31	€226.27	€545.00	x
2019-12-31	€229.18	€545.00	x
2020-12-31	€228.63	€545.00	x
2021-12-31	€247.24	€545.00	x
2022-12-31	€274.30	€545.00	x
2023-12-31	€279.16	€545.00	x
2024-12-31	€304.49	€545.00	x
2025-12-31	€323.78	€545.00	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): 9.29%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.47%
• Asset Turnover: 1.04x
• Equity Multiplier: 2.58x
Recent ROE (9.29%) is below the historical average (12.39%), 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
2025	9.29%	3.47%	1.04x	2.58x	€-7.90 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: $22,181,576,500
Average return on equity (ROE) among peers: 12.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gelsenwasser AG (WWG)	€1.11 Billion	11.87%	1.58x	$1.86 Billion
CIA EN.GER. ADR 1 (CIDS)	$19.46 Billion	19.27%	1.67x	$3.31 Billion
EnBW Energie Baden-Württemberg AG (EBK)	$4.40 Billion	22.80%	5.38x	$22.58 Billion
EDP-ENERG.PORTUG. ADR/10 (EDPA)	$13.98 Billion	4.70%	2.65x	$19.10 Billion
Enel SpA (ENLA)	$42.34 Billion	7.53%	3.89x	$94.27 Billion
E.ON SE (EOAA)	$21.87 Billion	8.37%	5.13x	$47.50 Billion
E.ON SE (EOAN)	$17.89 Billion	26.22%	5.69x	$47.65 Billion
ENGIE ADR/1 EO 1 (GZFB)	$41.46 Billion	9.90%	3.57x	$63.66 Billion
IBERDROLA ADR/1 EO 3 (IBE5)	$56.13 Billion	6.92%	1.53x	$132.13 Billion
IGNITIS GRUPE SP.GDR/1 (IGV)	$2.44 Billion	11.33%	1.34x	$1.56 Billion
IGNITIS GRUPE AB EO 2233 (IGV0)	$1.86 Billion	8.63%	1.29x	$1.53 Billion

About Gelsenwasser AG

F:WWG Germany Utilities - Diversified

Market Cap

$2.19 Billion

€1.87 Billion EUR

Market Cap Rank

#6566 Global

#959 in Germany

Share Price

€545.00

Change (1 day)

+0.93%

52-Week Range

€525.00 - €630.00

All Time High

€1618.31