Qt Group Oyj (QTCOM) - Net Assets
Based on the latest financial reports, Qt Group Oyj (QTCOM) has net assets worth €189.70 Million EUR (≈ $221.78 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€247.33 Million ≈ $289.16 Million USD) and total liabilities (€57.63 Million ≈ $67.37 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. Check QTCOM goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €189.70 Million |
| % of Total Assets | 76.7% |
| Annual Growth Rate | 36.71% |
| 5-Year Change | 497.23% |
| 10-Year Change | 1900.61% |
| Growth Volatility | 46.78 |
Qt Group Oyj - Net Assets Trend (2014–2024)
This chart illustrates how Qt Group Oyj's net assets have evolved over time, based on quarterly financial data. See QTCOM defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Qt Group Oyj (2014–2024)
The table below shows the annual net assets of Qt Group Oyj from 2014 to 2024. For live valuation and market cap data, see Qt Group Oyj market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €178.43 Million ≈ $208.61 Million |
+45.84% |
| 2023-12-31 | €122.35 Million ≈ $143.04 Million |
+41.08% |
| 2022-12-31 | €86.73 Million ≈ $101.39 Million |
+68.18% |
| 2021-12-31 | €51.57 Million ≈ $60.29 Million |
+72.60% |
| 2020-12-31 | €29.88 Million ≈ $34.93 Million |
+76.37% |
| 2019-12-31 | €16.94 Million ≈ $19.80 Million |
-7.53% |
| 2018-12-31 | €18.32 Million ≈ $21.42 Million |
-9.80% |
| 2017-12-31 | €20.31 Million ≈ $23.74 Million |
+145.69% |
| 2016-12-31 | €8.27 Million ≈ $9.66 Million |
-7.32% |
| 2015-12-31 | €8.92 Million ≈ $10.43 Million |
+14.07% |
| 2014-12-31 | €7.82 Million ≈ $9.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qt Group Oyj'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 1713.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €132.96 Million | 74.52% |
| Common Stock | €500.00K | 0.28% |
| Other Comprehensive Income | €54.93 Million | 30.79% |
| Total Equity | €178.43 Million | 100.00% |
Qt Group Oyj Competitors by Market Cap
The table below lists competitors of Qt Group Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEWE Stiftung & Co. KGaA
XETRA:CWC
|
$697.08 Million |
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
$697.14 Million |
|
Cydsa S.A.B. de C.V
MX:CYDSASAA
|
$697.25 Million |
|
Regional Container Lines Public Company Limited
BK:RCL-R
|
$697.45 Million |
|
Ducgiang Chemicals & Detergent Powder Joint Co
VN:DGC
|
$696.93 Million |
|
Ethos Limited
NSE:ETHOSLTD
|
$696.78 Million |
|
Hosken Consolidated Investments Ltd
JSE:HCI
|
$696.61 Million |
|
Shanghai Bolex Food Technology Co. Ltd.
SHG:603170
|
$696.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qt Group Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,353,000 to 178,434,000, a change of 56,081,000 (45.8%).
- Net income of 57,314,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 50,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €57.31 Million | +32.12% |
| Other Comprehensive Income | €-50.00K | -0.03% |
| Other Changes | €-1.18 Million | -0.66% |
| Total Change | €- | 45.84% |
Book Value vs Market Value Analysis
This analysis compares Qt Group Oyj'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: 3.34x
- 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 68.66x to 3.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €0.34 | €23.48 | x |
| 2015-12-31 | €0.41 | €23.48 | x |
| 2016-12-31 | €0.40 | €23.48 | x |
| 2017-12-31 | €0.88 | €23.48 | x |
| 2018-12-31 | €0.77 | €23.48 | x |
| 2019-12-31 | €0.71 | €23.48 | x |
| 2020-12-31 | €1.19 | €23.48 | x |
| 2021-12-31 | €2.02 | €23.48 | x |
| 2022-12-31 | €3.43 | €23.48 | x |
| 2023-12-31 | €4.80 | €23.48 | x |
| 2024-12-31 | €7.03 | €23.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qt Group Oyj 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): 32.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.41%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.34x
- Recent ROE (32.12%) is above the historical average (10.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -26.36% | -10.10% | 0.89x | 2.92x | €-2.84 Million |
| 2015 | 11.00% | 3.64% | 1.13x | 2.68x | €89.10K |
| 2016 | -21.13% | -5.39% | 1.10x | 3.56x | €-2.57 Million |
| 2017 | -15.86% | -8.89% | 0.97x | 1.85x | €-5.25 Million |
| 2018 | -13.05% | -5.24% | 1.18x | 2.12x | €-4.22 Million |
| 2019 | -2.08% | -0.60% | 1.17x | 2.95x | €-2.05 Million |
| 2020 | 42.93% | 16.14% | 1.29x | 2.06x | €9.84 Million |
| 2021 | 43.46% | 18.50% | 1.03x | 2.27x | €17.25 Million |
| 2022 | 39.55% | 22.08% | 0.87x | 2.05x | €25.63 Million |
| 2023 | 28.98% | 19.62% | 0.88x | 1.69x | €23.22 Million |
| 2024 | 32.12% | 27.41% | 0.88x | 1.34x | €39.47 Million |
Industry Comparison
This section compares Qt Group Oyj's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $19,589,182
- Average return on equity (ROE) among peers: 18.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qt Group Oyj (QTCOM) | €189.70 Million | -26.36% | 0.30x | $697.00 Million |
| Admicom Oyj (ADMCM) | $31.51 Million | 25.56% | 0.20x | $157.19 Million |
| Digitalist Group Oyj (DIGIGR) | $-24.59 Million | 0.00% | 0.00x | $6.28 Million |
| Lemonsoft Oyj (LEMON) | $4.25 Million | 44.95% | 0.61x | $99.45 Million |
| QPR Software Oyj (QPR1V) | $2.58 Million | 20.08% | 1.67x | $13.68 Million |
| Tecnotree Oyj (TEM1V) | $67.67 Million | 27.00% | 0.17x | $72.17 Million |
| Vincit Group Oyj (VINCIT) | $36.12 Million | -7.90% | 0.58x | $18.19 Million |
About Qt Group Oyj
Qt Group Oyj offers cross-platform solutions for the software development lifecycle in Finland, rest of Europe, the Asia Pacific, and North America. The company offers Qt Design Studio, which turns design visions into production-ready UIs; Qt Creator, a cross-platform integrated development environment for software development; Qt Framework that contains C++ library classes and APIs to simplify a… Read more