ICAPE HOLDING EO -40 (Z8J) - Net Assets
Based on the latest financial reports, ICAPE HOLDING EO -40 (Z8J) has net assets worth €24.80 Million EUR (≈ $29.00 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 (€145.25 Million ≈ $169.81 Million USD) and total liabilities (€120.45 Million ≈ $140.82 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. See ICAPE HOLDING EO -40 (Z8J) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €24.80 Million |
| % of Total Assets | 17.08% |
| Annual Growth Rate | 42.54% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 168.39 |
ICAPE HOLDING EO -40 - Net Assets Trend (2021–2025)
This chart illustrates how ICAPE HOLDING EO -40's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of ICAPE HOLDING EO -40.
Annual Net Assets for ICAPE HOLDING EO -40 (2021–2025)
The table below shows the annual net assets of ICAPE HOLDING EO -40 from 2021 to 2025. Also explore ICAPE HOLDING EO -40 equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €24.80 Million ≈ $29.00 Million |
-20.40% |
| 2024-12-31 | €31.16 Million ≈ $36.43 Million |
+9.25% |
| 2023-12-31 | €28.52 Million ≈ $33.35 Million |
-1.88% |
| 2022-12-31 | €29.07 Million ≈ $33.99 Million |
+383.77% |
| 2021-12-31 | €6.01 Million ≈ $7.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ICAPE HOLDING EO -40'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 115.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €26.29 Million | 101.42% |
| Total Equity | €25.92 Million | 100.00% |
ICAPE HOLDING EO -40 Competitors by Market Cap
The table below lists competitors of ICAPE HOLDING EO -40 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greatland Resources Limited
LSE:GGP
|
$50.84 Million |
|
Sonel S.A.
WAR:SON
|
$50.86 Million |
|
S Chand And Company Limited
NSE:SCHAND
|
$50.86 Million |
|
Kandi Technologies Group Inc
NASDAQ:KNDI
|
$50.87 Million |
|
Korea Parts & Fasteners Co.Ltd
KQ:024880
|
$50.81 Million |
|
Southport Acquisition Corp
NYSE:PORT
|
$50.81 Million |
|
Broadwind Energy Inc
NASDAQ:BWEN
|
$50.81 Million |
|
Bai Sha Technology Co Ltd
TWO:8401
|
$50.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ICAPE HOLDING EO -40's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,016,000 to 25,921,000, a change of -5,095,000 (-16.4%).
- Net loss of 369,000 reduced equity.
- Dividend payments of 1,027,000 reduced retained earnings.
- Share repurchases of 984,000 reduced equity.
- Other factors decreased equity by 2,715,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-369.00K | -1.42% |
| Dividends Paid | €1.03 Million | -3.96% |
| Share Repurchases | €984.00K | -3.8% |
| Other Changes | €-2.71 Million | -10.47% |
| Total Change | €- | -16.43% |
Book Value vs Market Value Analysis
This analysis compares ICAPE HOLDING EO -40'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: 2.55x
- 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 9.05x to 2.55x 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 | €0.92 | €8.36 | x |
| 2022-12-31 | €3.52 | €8.36 | x |
| 2023-12-31 | €3.49 | €8.36 | x |
| 2024-12-31 | €3.85 | €8.36 | x |
| 2025-12-31 | €3.28 | €8.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ICAPE HOLDING EO -40 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): -1.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.18%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 5.60x
- Recent ROE (-1.42%) is below the historical average (17.58%), 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 | 46.11% | 1.50% | 1.51x | 20.45x | €1.92 Million |
| 2022 | 19.25% | 2.49% | 1.52x | 5.09x | €2.63 Million |
| 2023 | 11.97% | 1.82% | 1.26x | 5.23x | €556.90K |
| 2024 | 12.00% | 2.08% | 1.12x | 5.15x | €619.40K |
| 2025 | -1.42% | -0.18% | 1.38x | 5.60x | €-2.96 Million |
Industry Comparison
This section compares ICAPE HOLDING EO -40's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $27,895,207,579
- Average return on equity (ROE) among peers: -378.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ICAPE HOLDING EO -40 (Z8J) | €24.80 Million | 46.11% | 4.86x | $50.84 Million |
| FIT Hon Teng Limited (0FJ) | $2.48 Billion | 6.19% | 1.20x | $3.65 Billion |
| BYD Electronic (International) Company Limited (4BY) | $11.75 Billion | 10.49% | 1.04x | $6.92 Billion |
| VIA OPTRONICS AG SP.ADS/1 (5UU1) | $55.16 Million | -19.05% | 1.49x | $5.24 Million |
| AUO CORP. SP.ADR NEW/10 (AU7) | $237.97 Billion | 25.77% | 0.79x | $3.23 Billion |
| DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen (DAM) | $41.77 Million | 16.96% | 0.78x | $98.03 Million |
| DESWELL INDS INC. DL-01 (DW2) | $90.78 Million | 9.07% | 0.27x | $43.03 Million |
| Flex Ltd (FXI) | $5.14 Billion | 17.11% | 3.29x | $40.46 Billion |
| NOCTILUCA S.A. ZY -15 (G0Z) | $140.65K | -3888.23% | 21.97x | $40.79 Million |
| Valuetronics Holdings Limited (GJ7) | $726.57 Million | 20.36% | 0.96x | $286.88 Million |
| Hana Microelectronics Public Company Limited (HAA1) | $20.69 Billion | 13.96% | 0.18x | $13.31K |
About ICAPE HOLDING EO -40
Icape Holding S.A. engages in the manufacture, distribution, and sale of printed circuit boards (PCBs) and customized technical parts worldwide. The company offers PCBs, including high-density interconnect, rigid-flex, aluminum, semi-flex. Flex, back panel, heavy copper, multilayer, radio frequency/microwave, double-sided, single-sided, and IC substrate; and electronic parts, such as cables and c… Read more