Lang & Schwarz AG
Lang & Schwarz Aktiengesellschaft, together with its subsidiaries, engages in the development and issuance of derivative financial instruments in Germany. The company operates a platform for over-the-counter trading, which allows customers to trade in shares, funds, bonds, and ETPs; and LS Exchange, an electronic trading system. It also provides IT services, hardware and software and maintenance … Read more
Lang & Schwarz AG (0RS1) - Net Assets
Latest net assets as of June 2025: €87.00 Million EUR
Based on the latest financial reports, Lang & Schwarz AG (0RS1) has net assets worth €87.00 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.24 Billion) and total liabilities (€1.15 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 | €87.00 Million |
| % of Total Assets | 7.03% |
| Annual Growth Rate | 8.65% |
| 5-Year Change | 58.13% |
| 10-Year Change | 117.27% |
| Growth Volatility | 16.32 |
Lang & Schwarz AG - Net Assets Trend (2006–2024)
This chart illustrates how Lang & Schwarz 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 Lang & Schwarz AG (2006–2024)
The table below shows the annual net assets of Lang & Schwarz AG from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €60.06 Million | +39.89% |
| 2023-12-31 | €42.93 Million | +4.74% |
| 2022-12-31 | €40.99 Million | -11.62% |
| 2021-12-31 | €46.38 Million | +22.11% |
| 2020-12-31 | €37.98 Million | +38.34% |
| 2019-12-31 | €27.45 Million | -8.15% |
| 2018-12-31 | €29.89 Million | -14.51% |
| 2017-12-31 | €34.96 Million | +13.79% |
| 2016-12-31 | €30.73 Million | +11.15% |
| 2015-12-31 | €27.64 Million | +0.51% |
| 2014-12-31 | €27.50 Million | +17.66% |
| 2013-12-31 | €23.38 Million | +6.16% |
| 2012-12-31 | €22.02 Million | -15.35% |
| 2011-12-31 | €26.01 Million | +28.76% |
| 2010-12-31 | €20.20 Million | +14.16% |
| 2009-12-31 | €17.70 Million | +22.44% |
| 2008-12-31 | €14.45 Million | +10.93% |
| 2007-12-31 | €13.03 Million | -3.37% |
| 2006-12-31 | €13.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lang & Schwarz 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 4588771500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €39.93 Million | 67.10% |
| Common Stock | €9.44 Million | 15.86% |
| Other Components | €10.14 Million | 17.04% |
| Total Equity | €59.50 Million | 100.00% |
Lang & Schwarz AG Competitors by Market Cap
The table below lists competitors of Lang & Schwarz AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BCP
BC:BCP
|
$238.67K |
|
Small Cap Premium & Dividend Income Fund Inc
NYSE:RCC
|
$238.68K |
|
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock
NASDAQ:OXLCN
|
$238.68K |
|
ParcelPal Technology Inc
PINK:PTNYF
|
$238.85K |
|
C-Bond Systems Inc
PINK:CBNT
|
$238.52K |
|
ROY.PHILIPS
MU:PHI1
|
$238.40K |
|
MANPOWER
MU:MPW
|
$238.38K |
|
CREDIT SAISON
MU:QC9
|
$238.37K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lang & Schwarz AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,583,618 to 59,504,149, a change of 16,920,531 (39.7%).
- Net income of 22,117,780 contributed positively to equity growth.
- Dividend payments of 5,191,000 reduced retained earnings.
- Other comprehensive income decreased equity by 10,138,432.
- Other factors increased equity by 10,132,183.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €22.12 Million | +37.17% |
| Dividends Paid | €5.19 Million | -8.72% |
| Other Comprehensive Income | €-10.14 Million | -17.04% |
| Other Changes | €10.13 Million | +17.03% |
| Total Change | €- | 39.73% |
Book Value vs Market Value Analysis
This analysis compares Lang & Schwarz 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: 3.75x
- 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 18.77x to 3.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €1.26 | €23.65 | x |
| 2007-12-31 | €1.31 | €23.65 | x |
| 2008-12-31 | €1.54 | €23.65 | x |
| 2009-12-31 | €1.88 | €23.65 | x |
| 2010-12-31 | €2.14 | €23.65 | x |
| 2011-12-31 | €2.76 | €23.65 | x |
| 2012-12-31 | €2.35 | €23.65 | x |
| 2013-12-31 | €2.48 | €23.65 | x |
| 2014-12-31 | €2.91 | €23.65 | x |
| 2015-12-31 | €3.08 | €23.65 | x |
| 2016-12-31 | €3.26 | €23.65 | x |
| 2017-12-31 | €3.70 | €23.65 | x |
| 2018-12-31 | €3.17 | €23.65 | x |
| 2019-12-31 | €2.91 | €23.65 | x |
| 2020-12-31 | €4.02 | €23.65 | x |
| 2021-12-31 | €4.91 | €23.65 | x |
| 2022-12-31 | €4.34 | €23.65 | x |
| 2023-12-31 | €4.54 | €23.65 | x |
| 2024-12-31 | €6.30 | €23.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lang & Schwarz 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): 37.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.99%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 14.62x
- Recent ROE (37.17%) is above the historical average (19.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 51.67% | 40.09% | 0.20x | 6.30x | €5.62 Million |
| 2007 | -3.48% | -3.01% | 0.10x | 11.15x | €-1.76 Million |
| 2008 | 0.16% | 0.20% | 0.11x | 6.99x | €-1.42 Million |
| 2009 | -0.18% | -0.01% | 4.70x | 3.08x | €-1.80 Million |
| 2010 | 71.60% | 3.47% | 6.60x | 3.13x | €12.45 Million |
| 2011 | 25.78% | 1.16% | 12.27x | 1.81x | €4.11 Million |
| 2012 | -0.84% | -0.15% | 2.68x | 2.13x | €-2.39 Million |
| 2013 | 4.25% | 0.81% | 0.96x | 5.47x | €-1.34 Million |
| 2014 | 18.10% | 1.93% | 1.69x | 5.53x | €2.23 Million |
| 2015 | 21.66% | 2.39% | 1.23x | 7.33x | €3.22 Million |
| 2016 | 15.39% | 2.41% | 0.73x | 8.71x | €1.66 Million |
| 2017 | 22.47% | 2.68% | 0.71x | 11.81x | €4.36 Million |
| 2018 | 0.92% | 0.09% | 0.88x | 11.01x | €-2.71 Million |
| 2019 | 2.58% | 0.29% | 0.48x | 18.41x | €-2.04 Million |
| 2020 | 27.72% | 1.52% | 0.85x | 21.37x | €6.73 Million |
| 2021 | 45.24% | 2.50% | 0.85x | 21.19x | €16.34 Million |
| 2022 | 21.39% | 1.16% | 1.10x | 16.76x | €4.67 Million |
| 2023 | 17.93% | 1.57% | 0.67x | 16.98x | €3.38 Million |
| 2024 | 37.17% | 2.99% | 0.85x | 14.62x | €16.17 Million |
Industry Comparison
This section compares Lang & Schwarz 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 |
|---|---|---|---|---|
| Lang & Schwarz AG (0RS1) | €87.00 Million | 51.67% | 13.23x | $238.59K |
| 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 |