ElringKlinger AG (ZIL2) - Net Assets
Based on the latest financial reports, ElringKlinger AG (ZIL2) has net assets worth €652.52 Million EUR (≈ $762.87 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.87 Billion ≈ $2.19 Billion USD) and total liabilities (€1.22 Billion ≈ $1.43 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 ZIL2 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €652.52 Million |
| % of Total Assets | 34.83% |
| Annual Growth Rate | -0.21% |
| 5-Year Change | -15.69% |
| 10-Year Change | -19.91% |
| Growth Volatility | 11.41 |
ElringKlinger AG - Net Assets Trend (2013–2024)
This chart illustrates how ElringKlinger AG's net assets have evolved over time, based on quarterly financial data. Also explore ZIL2 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for ElringKlinger AG (2013–2024)
The table below shows the annual net assets of ElringKlinger AG from 2013 to 2024. For live valuation and market cap data, see ElringKlinger AG (ZIL2) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €685.33 Million ≈ $801.23 Million |
-24.75% |
| 2023-12-31 | €910.68 Million ≈ $1.06 Billion |
+1.54% |
| 2022-12-31 | €896.83 Million ≈ $1.05 Billion |
-8.70% |
| 2021-12-31 | €982.30 Million ≈ $1.15 Billion |
+20.84% |
| 2020-12-31 | €812.89 Million ≈ $950.35 Million |
-8.79% |
| 2019-12-31 | €891.22 Million ≈ $1.04 Billion |
+0.12% |
| 2018-12-31 | €890.11 Million ≈ $1.04 Billion |
+0.05% |
| 2017-12-31 | €889.67 Million ≈ $1.04 Billion |
+0.37% |
| 2016-12-31 | €886.37 Million ≈ $1.04 Billion |
+3.58% |
| 2015-12-31 | €855.73 Million ≈ $1.00 Billion |
+10.39% |
| 2014-12-31 | €775.19 Million ≈ $906.28 Million |
+10.53% |
| 2013-12-31 | €701.35 Million ≈ $819.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ElringKlinger 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €636.86 Million | 100.00% |
| Total Equity | €636.86 Million | 100.00% |
ElringKlinger AG Competitors by Market Cap
The table below lists competitors of ElringKlinger AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allspring Multi Sector Income Fund
NYSE MKT:ERC
|
$258.94 Million |
|
Journey Energy Inc
TO:JOY
|
$259.03 Million |
|
Hana Financial 7 SPAC
KQ:230240
|
$259.11 Million |
|
Europen Endustri Insaat Sanayi ve Ticaret A.S.
IS:EUREN
|
$259.16 Million |
|
Oponeo.pl SA
WAR:OPN
|
$258.82 Million |
|
In Win Development Inc
TW:6117
|
$258.77 Million |
|
HansBiomed Corporation
KQ:042520
|
$258.75 Million |
|
M3-Brigade Acquisition V Corp. Units
NASDAQ:MBAVU
|
$258.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ElringKlinger AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 843,128,000 to 636,859,000, a change of -206,269,000 (-24.5%).
- Net loss of 137,849,000 reduced equity.
- Other factors decreased equity by 68,420,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-137.85 Million | -21.65% |
| Other Changes | €-68.42 Million | -10.74% |
| Total Change | €- | -24.46% |
Book Value vs Market Value Analysis
This analysis compares ElringKlinger 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: 0.53x
- 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 0.40x to 0.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €13.45 | €5.35 | x |
| 2018-12-31 | €13.46 | €5.35 | x |
| 2019-12-31 | €13.48 | €5.35 | x |
| 2020-12-31 | €12.27 | €5.35 | x |
| 2021-12-31 | €14.26 | €5.35 | x |
| 2022-12-31 | €13.00 | €5.35 | x |
| 2023-12-31 | €13.31 | €5.35 | x |
| 2024-12-31 | €10.05 | €5.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ElringKlinger 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): -21.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.64%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.76x
- Recent ROE (-21.65%) is below the historical average (3.10%), 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 | 15.64% | 9.17% | 0.83x | 2.07x | €38.03 Million |
| 2014 | 14.22% | 7.98% | 0.85x | 2.10x | €31.40 Million |
| 2015 | 11.15% | 6.08% | 0.85x | 2.15x | €9.41 Million |
| 2016 | 9.23% | 5.06% | 0.83x | 2.21x | €-6.59 Million |
| 2017 | 8.20% | 4.21% | 0.82x | 2.37x | €-15.30 Million |
| 2018 | 5.14% | 2.59% | 0.81x | 2.44x | €-41.47 Million |
| 2019 | 0.48% | 0.24% | 0.80x | 2.51x | €-81.36 Million |
| 2020 | -5.25% | -2.76% | 0.75x | 2.53x | €-118.53 Million |
| 2021 | 6.17% | 3.43% | 0.78x | 2.31x | €-34.64 Million |
| 2022 | -10.81% | -4.95% | 0.88x | 2.48x | €-171.51 Million |
| 2023 | 4.66% | 2.13% | 0.92x | 2.38x | €-45.00 Million |
| 2024 | -21.65% | -7.64% | 1.02x | 2.76x | €-201.53 Million |
Industry Comparison
This section compares ElringKlinger AG's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $693,881,237,413
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ElringKlinger AG (ZIL2) | €652.52 Million | 15.64% | 1.87x | $258.83 Million |
| Fuyao Glass Industry Group Co. Ltd (4FG) | $28.99 Billion | 16.41% | 0.75x | $4.50 Billion |
| AUMOVIO N (AMV0) | $4.13 Billion | -8.06% | 4.87x | $3.91 Billion |
| Bertrandt Aktiengesellschaft (BDT) | $280.32 Million | 22.24% | 0.68x | $128.19 Million |
| Bridgestone Corporation (BGTA) | $2.40 Trillion | 12.00% | 0.65x | $23.85 Billion |
| Continental Aktiengesellschaft (CON) | $12.64 Billion | -7.61% | 2.14x | $14.66 Billion |
| Delticom AG (DEX) | $39.67 Million | 7.09% | 3.92x | $28.37 Million |
| DENSO CORP. ADR 4 (DNOA) | $4.49 Trillion | 5.88% | 0.66x | $28.19 Billion |
| EDAG Engineering Group AG (ED4) | $127.86 Million | 5.49% | 4.04x | $107.85 Million |
| Grammer AG (GMM) | $314.84 Million | 7.40% | 3.58x | $100.75 Million |
| HWA AG (H9W) | $25.28 Million | 7.40% | 1.48x | $34.74 Million |
About ElringKlinger AG
ElringKlinger AG develops, manufactures, and sells components, modules, and systems for the automotive industry in Germany, rest of Europe, North America, the Asia-Pacific, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The company offers components made of thermoplastics for drivetrain, body, and underbody applications; se… Read more