Korian S.A.
Clariane SE provides care home, healthcare facilities and services, and shared living solutions in France, Germany, Benelux, Italy, Spain, and the United Kingdom. The company operates long-term care and short stays nursing homes. It also provides diagnosis outpatient programs; healthcare services comprising medical and full hospitalization services, as well as day hospitalisation and consultation… Read more
Korian S.A. (0OPS) - Net Assets
Latest net assets as of December 2023: €3.94 Billion EUR
Based on the latest financial reports, Korian S.A. (0OPS) has net assets worth €3.94 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.18 Billion) and total liabilities (€11.24 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.94 Billion |
| % of Total Assets | 25.94% |
| Annual Growth Rate | 16.52% |
| 5-Year Change | 53.23% |
| 10-Year Change | 106.96% |
| Growth Volatility | 40.98 |
Korian S.A. - Net Assets Trend (2012–2023)
This chart illustrates how Korian S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Korian S.A. (2012–2023)
The table below shows the annual net assets of Korian S.A. from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €3.94 Billion | +1.80% |
| 2022-12-31 | €3.87 Billion | +2.75% |
| 2021-12-31 | €3.76 Billion | +13.30% |
| 2020-12-31 | €3.32 Billion | +29.30% |
| 2019-12-31 | €2.57 Billion | +0.06% |
| 2018-12-31 | €2.57 Billion | +3.77% |
| 2017-12-31 | €2.47 Billion | +21.49% |
| 2016-12-31 | €2.04 Billion | +5.33% |
| 2015-12-31 | €1.93 Billion | +1.65% |
| 2014-12-31 | €1.90 Billion | +147.59% |
| 2013-12-31 | €768.43 Million | +4.87% |
| 2012-12-31 | €732.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Korian S.A.'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €534.14 Million | 14.90% |
| Other Comprehensive Income | €1.84 Billion | 51.44% |
| Other Components | €1.21 Billion | 33.66% |
| Total Equity | €3.58 Billion | 100.00% |
Korian S.A. Competitors by Market Cap
The table below lists competitors of Korian S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ennoconn Corp
TW:6414
|
$772.89 Million |
|
Cleanaway Co Ltd
TW:8422
|
$773.23 Million |
|
SK Bioscience Co Ltd
KO:302440
|
$773.24 Million |
|
LX International Corp
KO:001120
|
$773.58 Million |
|
Parksystems Corp
KQ:140860
|
$772.61 Million |
|
GNI Group Ltd
F:3G6
|
$772.60 Million |
|
Firstsource Solutions Limited
NSE:FSL
|
$772.57 Million |
|
Wuxi Huadong Heavy Machinery Co Ltd
SHE:002685
|
$772.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Korian S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,539,222,000 to 3,583,754,000, a change of 44,532,000 (1.3%).
- Net loss of 92,440,000 reduced equity.
- Dividend payments of 65,678,000 reduced retained earnings.
- Share repurchases of 493,000 reduced equity.
- Other comprehensive income increased equity by 42,320,000.
- Other factors increased equity by 160,823,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-92.44 Million | -2.58% |
| Dividends Paid | €65.68 Million | -1.83% |
| Share Repurchases | €493.00K | -0.01% |
| Other Comprehensive Income | €42.32 Million | +1.18% |
| Other Changes | €160.82 Million | +4.49% |
| Total Change | €- | 1.26% |
Book Value vs Market Value Analysis
This analysis compares Korian S.A.'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: 0.11x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | €20.50 | €3.79 | x |
| 2013-12-31 | €21.63 | €3.79 | x |
| 2014-12-31 | €23.94 | €3.79 | x |
| 2015-12-31 | €23.91 | €3.79 | x |
| 2016-12-31 | €24.14 | €3.79 | x |
| 2017-12-31 | €27.99 | €3.79 | x |
| 2018-12-31 | €28.74 | €3.79 | x |
| 2019-12-31 | €28.76 | €3.79 | x |
| 2020-12-31 | €29.84 | €3.79 | x |
| 2021-12-31 | €28.59 | €3.79 | x |
| 2022-12-31 | €29.38 | €3.79 | x |
| 2023-12-31 | €33.69 | €3.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Korian S.A. 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): -2.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.85%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 4.24x
- Recent ROE (-2.58%) is below the historical average (3.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.27% | 2.10% | 0.50x | 3.13x | €-47.95 Million |
| 2013 | 3.83% | 2.11% | 0.59x | 3.11x | €-46.01 Million |
| 2014 | 3.22% | 2.76% | 0.42x | 2.76x | €-129.15 Million |
| 2015 | 3.05% | 2.28% | 0.45x | 3.00x | €-133.58 Million |
| 2016 | 6.49% | 4.40% | 0.46x | 3.21x | €-71.01 Million |
| 2017 | 6.63% | 5.22% | 0.44x | 2.89x | €-82.92 Million |
| 2018 | 4.82% | 3.69% | 0.44x | 2.98x | €-132.49 Million |
| 2019 | 4.48% | 3.17% | 0.33x | 4.28x | €-141.14 Million |
| 2020 | 1.25% | 1.04% | 0.29x | 4.18x | €-276.30 Million |
| 2021 | 2.86% | 2.41% | 0.29x | 4.10x | €-249.45 Million |
| 2022 | 1.01% | 0.81% | 0.30x | 4.12x | €-318.18 Million |
| 2023 | -2.58% | -1.85% | 0.33x | 4.24x | €-450.82 Million |
Industry Comparison
This section compares Korian S.A.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Korian S.A. (0OPS) | €3.94 Billion | 3.27% | 2.86x | $772.84 Million |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |