Zehnder Group AG
Zehnder Group AG, together with its subsidiaries, develops, manufactures, and sells indoor climate systems in Europe, North America, and China. It operates through two segments, Ventilation and Radiators. The company offers decorative radiators, heating and cooling ceiling systems, indoor ventilation systems, heat exchangers, and clean air systems. It operates under the Zehnder, Acova, Caladair, … Read more
Zehnder Group AG (0R6S) - Net Assets
Latest net assets as of June 2025: £244.50 Million GBP
Based on the latest financial reports, Zehnder Group AG (0R6S) has net assets worth £244.50 Million GBP as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£476.90 Million) and total liabilities (£232.40 Million). 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 | £244.50 Million |
| % of Total Assets | 51.27% |
| Annual Growth Rate | 2.4% |
| 5-Year Change | -26.15% |
| 10-Year Change | -10.26% |
| Growth Volatility | 11.97 |
Zehnder Group AG - Net Assets Trend (2002–2024)
This chart illustrates how Zehnder Group AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zehnder Group AG (2002–2024)
The table below shows the annual net assets of Zehnder Group AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | £241.50 Million | -30.48% |
| 2023-12-31 | £347.40 Million | +1.94% |
| 2022-12-31 | £340.80 Million | -6.48% |
| 2021-12-31 | £364.40 Million | +11.44% |
| 2020-12-31 | £327.00 Million | +7.92% |
| 2019-12-31 | £303.00 Million | +6.99% |
| 2018-12-31 | £283.20 Million | +4.42% |
| 2017-12-31 | £271.20 Million | -3.25% |
| 2016-12-31 | £280.30 Million | +4.16% |
| 2015-12-31 | £269.10 Million | -4.47% |
| 2014-12-31 | £281.70 Million | +10.25% |
| 2013-12-31 | £255.50 Million | +3.19% |
| 2012-12-31 | £247.60 Million | +3.30% |
| 2011-12-31 | £239.70 Million | +10.26% |
| 2010-12-31 | £217.40 Million | +19.45% |
| 2009-12-31 | £182.00 Million | +19.27% |
| 2008-12-31 | £152.60 Million | -24.19% |
| 2007-12-31 | £201.30 Million | -6.02% |
| 2006-12-31 | £214.20 Million | +5.52% |
| 2005-12-31 | £203.00 Million | +14.30% |
| 2004-12-31 | £177.60 Million | +11.91% |
| 2003-12-31 | £158.70 Million | +10.67% |
| 2002-12-31 | £143.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zehnder Group 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 grown by 958.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | £238.20 Million | 102.54% |
| Common Stock | £400.00K | 0.17% |
| Other Comprehensive Income | £-200.00K | -0.09% |
| Total Equity | £232.30 Million | 100.00% |
Zehnder Group AG Competitors by Market Cap
The table below lists competitors of Zehnder Group AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GEPIC Energy Development Co Ltd
SHE:000791
|
$765.93 Million |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
$766.06 Million |
|
Huafa Industrial Co Ltd Zhuhai
SHG:600325
|
$766.19 Million |
|
Electricity Generating Public Company Limited
BK:EGCO
|
$766.57 Million |
|
Qingdao Tianneng Heavy Industries Co Ltd
SHE:300569
|
$765.70 Million |
|
Arena REIT
AU:ARF
|
$765.51 Million |
|
Information Services International-Dentsu Ltd
OTCGREY:IFMNF
|
$765.34 Million |
|
Smartgroup Corporation Ltd
PINK:STGXF
|
$765.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zehnder Group AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 332,700,000 to 232,300,000, a change of -100,400,000 (-30.2%).
- Net income of 1,700,000 contributed positively to equity growth.
- Dividend payments of 15,400,000 reduced retained earnings.
- Share repurchases of 4,300,000 reduced equity.
- Other comprehensive income decreased equity by 99,999.
- Other factors decreased equity by 82,300,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £1.70 Million | +0.73% |
| Dividends Paid | £15.40 Million | -6.63% |
| Share Repurchases | £4.30 Million | -1.85% |
| Other Comprehensive Income | £-100.00K | -0.04% |
| Other Changes | £-82.30 Million | -35.43% |
| Total Change | £- | -30.18% |
Book Value vs Market Value Analysis
This analysis compares Zehnder Group 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: 3.37x
- 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 5.89x to 3.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | £12.17 | £71.69 | x |
| 2003-12-31 | £13.05 | £71.69 | x |
| 2004-12-31 | £14.53 | £71.69 | x |
| 2005-12-31 | £19.95 | £71.69 | x |
| 2006-12-31 | £21.13 | £71.69 | x |
| 2007-12-31 | £19.82 | £71.69 | x |
| 2008-12-31 | £12.34 | £71.69 | x |
| 2009-12-31 | £17.81 | £71.69 | x |
| 2010-12-31 | £21.21 | £71.69 | x |
| 2011-12-31 | £19.44 | £71.69 | x |
| 2012-12-31 | £20.30 | £71.69 | x |
| 2013-12-31 | £20.82 | £71.69 | x |
| 2014-12-31 | £22.84 | £71.69 | x |
| 2015-12-31 | £21.84 | £71.69 | x |
| 2016-12-31 | £22.95 | £71.69 | x |
| 2017-12-31 | £22.40 | £71.69 | x |
| 2018-12-31 | £23.20 | £71.69 | x |
| 2019-12-31 | £24.79 | £71.69 | x |
| 2020-12-31 | £26.85 | £71.69 | x |
| 2021-12-31 | £29.80 | £71.69 | x |
| 2022-12-31 | £28.51 | £71.69 | x |
| 2023-12-31 | £29.83 | £71.69 | x |
| 2024-12-31 | £21.29 | £71.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zehnder Group 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): 0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.24%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 2.05x
- Recent ROE (0.73%) is below the historical average (11.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.62% | 7.07% | 1.02x | 2.30x | £9.36 Million |
| 2003 | 18.20% | 7.89% | 1.09x | 2.12x | £12.89 Million |
| 2004 | 17.89% | 8.11% | 1.13x | 1.95x | £13.45 Million |
| 2005 | 14.39% | 7.29% | 1.07x | 1.84x | £8.54 Million |
| 2006 | 14.46% | 6.97% | 1.12x | 1.85x | £9.19 Million |
| 2007 | 13.50% | 5.71% | 1.22x | 1.93x | £6.76 Million |
| 2008 | 1.95% | 0.62% | 1.28x | 2.47x | £-11.54 Million |
| 2009 | 19.22% | 7.66% | 1.24x | 2.03x | £16.02 Million |
| 2010 | 18.46% | 8.03% | 1.26x | 1.83x | £17.51 Million |
| 2011 | 18.03% | 7.97% | 1.27x | 1.78x | £18.30 Million |
| 2012 | 11.38% | 5.17% | 1.29x | 1.71x | £3.29 Million |
| 2013 | 6.75% | 3.12% | 1.28x | 1.69x | £-7.93 Million |
| 2014 | 9.55% | 4.83% | 1.23x | 1.60x | £-1.20 Million |
| 2015 | 0.04% | 0.02% | 1.23x | 1.71x | £-25.31 Million |
| 2016 | 7.72% | 3.75% | 1.20x | 1.71x | £-5.99 Million |
| 2017 | 5.97% | 2.63% | 1.39x | 1.63x | £-10.39 Million |
| 2018 | 8.53% | 3.79% | 1.37x | 1.64x | £-3.95 Million |
| 2019 | 10.62% | 4.74% | 1.37x | 1.63x | £1.78 Million |
| 2020 | 12.46% | 6.29% | 1.24x | 1.60x | £7.67 Million |
| 2021 | 17.25% | 8.54% | 1.26x | 1.60x | £25.10 Million |
| 2022 | 17.15% | 6.80% | 1.53x | 1.65x | £23.09 Million |
| 2023 | 12.98% | 5.65% | 1.48x | 1.55x | £9.93 Million |
| 2024 | 0.73% | 0.24% | 1.48x | 2.05x | £-21.53 Million |
Industry Comparison
This section compares Zehnder Group AG'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 |
|---|---|---|---|---|
| Zehnder Group AG (0R6S) | £244.50 Million | 16.62% | 0.95x | $765.92 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 |