SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft (NEP) - Net Assets
Based on the latest financial reports, SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft (NEP) has net assets worth €205.06 Million EUR (≈ $239.74 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€299.83 Million ≈ $350.54 Million USD) and total liabilities (€94.77 Million ≈ $110.79 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 SLOMAN NEPTUN Schiffahrts-Aktiengesellsc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €205.06 Million |
| % of Total Assets | 68.39% |
| Annual Growth Rate | 2.88% |
| 5-Year Change | 28.18% |
| 10-Year Change | 25.58% |
| Growth Volatility | 5.34 |
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft - Net Assets Trend (2013–2024)
This chart illustrates how SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of SLOMAN NEPTUN Schiffahrts-Aktiengesellsc.
Annual Net Assets for SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft (2013–2024)
The table below shows the annual net assets of SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft from 2013 to 2024. Also explore SLOMAN NEPTUN Schiffahrts-Aktiengesellsc net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €205.06 Million ≈ $239.74 Million |
+5.38% |
| 2023-12-31 | €194.59 Million ≈ $227.49 Million |
+8.76% |
| 2022-12-31 | €178.92 Million ≈ $209.18 Million |
+12.80% |
| 2021-12-31 | €158.62 Million ≈ $185.44 Million |
-0.85% |
| 2020-12-31 | €159.98 Million ≈ $187.03 Million |
-3.15% |
| 2019-12-31 | €165.19 Million ≈ $193.12 Million |
+3.91% |
| 2018-12-31 | €158.97 Million ≈ $185.85 Million |
+2.65% |
| 2017-12-31 | €154.86 Million ≈ $181.04 Million |
-6.63% |
| 2016-12-31 | €165.85 Million ≈ $193.90 Million |
+1.57% |
| 2015-12-31 | €163.29 Million ≈ $190.90 Million |
+7.99% |
| 2014-12-31 | €151.20 Million ≈ $176.77 Million |
+0.78% |
| 2013-12-31 | €150.03 Million ≈ $175.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft'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 60.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €161.65 Million | 96.50% |
| Other Components | €5.86 Million | 3.50% |
| Total Equity | €167.52 Million | 100.00% |
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft Competitors by Market Cap
The table below lists competitors of SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Antony Waste Handling Cell Limited
NSE:AWHCL
|
$111.96 Million |
|
Asuransi Multi Artha Guna Tbk PT
JK:AMAG
|
$112.00 Million |
|
Englewood Lab Inc
KQ:950140
|
$112.02 Million |
|
CSU Digital S.A.
SA:CSUD3
|
$112.05 Million |
|
AgriBank Securities JSC
VN:AGR
|
$111.90 Million |
|
Crest Ventures Limited
NSE:CREST
|
$111.81 Million |
|
Karel Elektronik Sanayi ve Ticaret AS
IS:KAREL
|
$111.73 Million |
|
EuroDry Ltd
NASDAQ:EDRY
|
$111.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 149,588,056 to 167,518,649, a change of 17,930,593 (12.0%).
- Net income of 30,650,828 contributed positively to equity growth.
- Dividend payments of 2,999,000 reduced retained earnings.
- Other factors decreased equity by 9,721,235.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €30.65 Million | +18.3% |
| Dividends Paid | €3.00 Million | -1.79% |
| Other Changes | €-9.72 Million | -5.8% |
| Total Change | €- | 11.99% |
Book Value vs Market Value Analysis
This analysis compares SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft'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: 0.73x
- 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 decreased from 1.17x to 0.73x 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 | €52.32 | €61.00 | x |
| 2018-12-31 | €52.87 | €61.00 | x |
| 2019-12-31 | €52.70 | €61.00 | x |
| 2020-12-31 | €50.53 | €61.00 | x |
| 2021-12-31 | €51.15 | €61.00 | x |
| 2022-12-31 | €63.69 | €61.00 | x |
| 2023-12-31 | €74.84 | €61.00 | x |
| 2024-12-31 | €83.81 | €61.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft 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): 18.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.20%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.79x
- Recent ROE (18.30%) is above the historical average (8.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.34% | 1.00% | 0.46x | 2.89x | €-9.26 Million |
| 2014 | 1.78% | 1.37% | 0.47x | 2.76x | €-8.87 Million |
| 2015 | 7.71% | 6.00% | 0.46x | 2.76x | €-2.64 Million |
| 2016 | 6.31% | 5.32% | 0.42x | 2.80x | €-4.15 Million |
| 2017 | 3.50% | 2.95% | 0.39x | 3.05x | €-6.80 Million |
| 2018 | 2.00% | 1.61% | 0.45x | 2.76x | €-8.46 Million |
| 2019 | 12.29% | 9.20% | 0.42x | 3.21x | €2.41 Million |
| 2020 | -3.31% | -2.49% | 0.43x | 3.10x | €-13.45 Million |
| 2021 | 2.19% | 1.58% | 0.48x | 2.89x | €-7.99 Million |
| 2022 | 20.87% | 13.93% | 0.64x | 2.33x | €13.84 Million |
| 2023 | 23.84% | 19.86% | 0.60x | 2.00x | €20.70 Million |
| 2024 | 18.30% | 18.20% | 0.56x | 1.79x | €13.90 Million |
Industry Comparison
This section compares SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $10,688,155,736
- Average return on equity (ROE) among peers: 26.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft (NEP) | €205.06 Million | 1.34% | 0.46x | $111.94 Million |
| 2020 Bulkers Ltd. (0FF) | $148.40 Million | 19.88% | 0.82x | $7.80 Million |
| EURODRY LTD. DL -01 (0LQ) | $105.59 Million | -11.94% | 1.08x | $52.61 Million |
| Qingdao Port International Co. Ltd (0QP) | $25.06 Billion | 12.14% | 0.92x | $1.06 Billion |
| EUROSEAS LTD DL -01 (2LE1) | $168.16 Million | 63.18% | 0.95x | $434.61 Million |
| ZIM Integrated Shipping Services Ltd. (2SV) | $274.45 Million | 188.74% | 9.29x | $2.63 Billion |
| HAV GROUP ASA (6HH) | $88.06 Million | 1.54% | 6.61x | $42.17 Million |
| MERCANTILE PORTS+LOGI.LTD (9KS0) | $73.63 Million | -28.82% | 0.72x | $178.16K |
| Ardmore Shipping Corporation (A61) | $326.06 Million | -7.01% | 1.37x | $635.25 Million |
| BW LPG Limited (BW9) | $1.94 Billion | 18.29% | 0.71x | $2.25 Billion |
| COSCO SHIPPING Holdings Co. Ltd (C6G) | $78.70 Billion | 12.61% | 2.46x | $5.85 Billion |
About SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft
SLOMAN NEPTUN Schiffahrts-Aktiengesellschaft operates as a shipping company worldwide. It is involved in gas tank transport, chemical and product tanks, and driving and dry driving activities. The company operates pressurized, semi-refrigerated LPG, as well as ethylene gas tankers; and dry cargo vessels. The company was formerly known as Dampfschifffahrts-Gesellschaft 'Neptun', Bremen, Actien-Ges… Read more