BALOISE HLDG N
BALOISE HLDG N operates in Diversified Metals & Mining.
BALOISE HLDG N (BLON) - Net Assets
Latest net assets as of December 2023: €3.26 Billion EUR
Based on the latest financial reports, BALOISE HLDG N (BLON) has net assets worth €3.26 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 (€77.87 Billion) and total liabilities (€74.61 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 | €3.26 Billion |
| % of Total Assets | 4.19% |
| Annual Growth Rate | -7.85% |
| 5-Year Change | -51.47% |
| 10-Year Change | N/A |
| Growth Volatility | 17.0 |
BALOISE HLDG N - Net Assets Trend (2016–2023)
This chart illustrates how BALOISE HLDG N's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BALOISE HLDG N (2016–2023)
The table below shows the annual net assets of BALOISE HLDG N from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €3.26 Billion | -4.63% |
| 2022-12-31 | €3.42 Billion | -18.34% |
| 2021-12-31 | €4.18 Billion | -40.09% |
| 2020-12-31 | €6.99 Billion | +4.02% |
| 2019-12-31 | €6.72 Billion | +11.77% |
| 2018-12-31 | €6.01 Billion | -6.26% |
| 2017-12-31 | €6.41 Billion | +11.01% |
| 2016-12-31 | €5.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BALOISE HLDG N'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 19.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.81 Billion | 147.95% |
| Total Equity | €3.25 Billion | 100.00% |
BALOISE HLDG N Competitors by Market Cap
The table below lists competitors of BALOISE HLDG N ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Basin Energy Ltd
AU:BSN
|
$2.08 Million |
|
MASTEC
BK:MASTEC
|
$2.08 Million |
|
AEROVIRONMENT
BE:JPX
|
$2.08 Million |
|
Signing Day Sports, Inc.
NYSE MKT:SGN
|
$2.08 Million |
|
Pineapple Express
PINK:PNPL
|
$2.08 Million |
|
Libra Insurance Company Ltd
TA:LBRA
|
$2.08 Million |
|
Saxlund Group AB
ST:SAXG
|
$2.08 Million |
|
Mitesco Inc
PINK:MITI
|
$2.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BALOISE HLDG N's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,405,200,000 to 3,250,000,000, a change of -155,200,000 (-4.6%).
- Net income of 239,600,000 contributed positively to equity growth.
- Dividend payments of 335,300,000 reduced retained earnings.
- Share repurchases of 33,300,000 reduced equity.
- New share issuances of 54,200,000 increased equity.
- Other factors decreased equity by 80,400,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €239.60 Million | +7.37% |
| Dividends Paid | €335.30 Million | -10.32% |
| Share Repurchases | €33.30 Million | -1.02% |
| Share Issuances | €54.20 Million | +1.67% |
| Other Changes | €-80.40 Million | -2.47% |
| Total Change | €- | -4.56% |
Book Value vs Market Value Analysis
This analysis compares BALOISE HLDG N'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: 3.04x
- 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 increased from 1.63x to 3.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €133.68 | €217.60 | x |
| 2018-12-31 | €128.17 | €217.60 | x |
| 2019-12-31 | €147.36 | €217.60 | x |
| 2020-12-31 | €155.02 | €217.60 | x |
| 2021-12-31 | €92.37 | €217.60 | x |
| 2022-12-31 | €75.25 | €217.60 | x |
| 2023-12-31 | €71.56 | €217.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BALOISE HLDG N 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): 7.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.41%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 23.96x
- Recent ROE (7.37%) is below the historical average (9.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.31% | 6.19% | 0.11x | 14.04x | €-39.33 Million |
| 2017 | 8.64% | 6.19% | 0.10x | 13.32x | €-86.62 Million |
| 2018 | 8.76% | 6.43% | 0.10x | 13.54x | €-73.86 Million |
| 2019 | 10.34% | 7.21% | 0.11x | 12.96x | €22.80 Million |
| 2020 | 6.22% | 5.40% | 0.09x | 12.65x | €-264.07 Million |
| 2021 | 14.11% | 6.66% | 0.10x | 21.56x | €171.34 Million |
| 2022 | 7.28% | 0.00% | -0.03x | 22.90x | €-92.72 Million |
| 2023 | 7.37% | 3.41% | 0.09x | 23.96x | €-85.40 Million |
Industry Comparison
This section compares BALOISE HLDG N's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BALOISE HLDG N (BLON) | €3.26 Billion | 9.31% | 22.89x | $2.08 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |