AB Linas
AB Linas produces and sells linen textile products in Lithuania. It offers weaving preparation services, weaving services, yarn dyeing services, fabric finishing services, and sewing services. The company also exports its products to Great Britain, Latvia, Sweden, Japan, Spain, Finland, Germany, Belgium, the United States, Denmark, and internationally. AB Linas was founded in 1957 and is based in… Read more
AB Linas (YCJ) - Net Assets
Latest net assets as of June 2022: €10.42 Million EUR
Based on the latest financial reports, AB Linas (YCJ) has net assets worth €10.42 Million EUR as of June 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.68 Million) and total liabilities (€2.27 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 | €10.42 Million |
| % of Total Assets | 82.13% |
| Annual Growth Rate | 6.69% |
| 5-Year Change | 27.71% |
| 10-Year Change | N/A |
| Growth Volatility | 4.04 |
AB Linas - Net Assets Trend (2015–2021)
This chart illustrates how AB Linas's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AB Linas (2015–2021)
The table below shows the annual net assets of AB Linas from 2015 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | €9.89 Million | +13.79% |
| 2020-12-31 | €8.69 Million | +3.96% |
| 2019-12-31 | €8.36 Million | +1.32% |
| 2018-12-31 | €8.25 Million | +6.55% |
| 2017-12-31 | €7.74 Million | +5.28% |
| 2016-12-31 | €7.36 Million | +9.68% |
| 2015-12-31 | €6.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AB Linas'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 322877000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.96 Million | 29.97% |
| Common Stock | €6.97 Million | 70.49% |
| Total Equity | €9.89 Million | 100.00% |
AB Linas Competitors by Market Cap
The table below lists competitors of AB Linas ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PolyPlank publ AB
ST:POLY
|
$843.62K |
|
LABOCANNA S.A. ZY-10
F:9Y2
|
$843.90K |
|
Vycor Medical Inc
OTCQB:VYCO
|
$843.92K |
|
CREALOGIX HLDG N
MU:CX1
|
$844.13K |
|
WYNN RESORTS - Dusseldorf Stock Exchang
DU:WYR
|
$842.27K |
|
FRANKLIN ELECTRIC
BE:FE4
|
$842.27K |
|
MFC Industrial Real Estate Investment Trust
BK:MIT
|
$841.78K |
|
TRADEGATE - Dusseldorf Stock Exchang
DU:T2G
|
$841.72K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB Linas's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 8,691,115 to 9,890,000, a change of 1,198,885 (13.8%).
- Net income of 1,050,000 contributed positively to equity growth.
- Share repurchases of 157,000 reduced equity.
- Other factors increased equity by 305,885.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.05 Million | +10.62% |
| Share Repurchases | €157.00K | -1.59% |
| Other Changes | €305.88K | +3.09% |
| Total Change | €- | 13.79% |
Book Value vs Market Value Analysis
This analysis compares AB Linas'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: 0.33x
- 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 |
|---|---|---|---|
| 2017-12-31 | €0.32 | €0.14 | x |
| 2018-12-31 | €0.34 | €0.14 | x |
| 2019-12-31 | €0.35 | €0.14 | x |
| 2020-12-31 | €0.36 | €0.14 | x |
| 2021-12-31 | €0.41 | €0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB Linas 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): 10.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.27%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.29x
- Recent ROE (10.62%) is above the historical average (6.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.29% | 4.37% | 1.51x | 1.25x | €-114.71K |
| 2016 | 8.82% | 4.98% | 1.24x | 1.43x | €-86.45K |
| 2017 | 5.01% | 3.03% | 1.24x | 1.34x | €-386.14K |
| 2018 | 6.15% | 3.99% | 1.20x | 1.28x | €-317.62K |
| 2019 | 1.30% | 0.84% | 1.19x | 1.30x | €-727.32K |
| 2020 | 5.92% | 3.67% | 1.20x | 1.34x | €-354.54K |
| 2021 | 10.62% | 6.27% | 1.31x | 1.29x | €61.00K |
Industry Comparison
This section compares AB Linas's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $13,373,538,384
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB Linas (YCJ) | €10.42 Million | 8.29% | 0.22x | $842.92K |
| Gabriel Holding A/S (1GH) | $281.17 Million | 17.42% | 1.00x | $50.48 Million |
| Dierig Holding AG (DIE) | $28.46 Million | 6.84% | 2.77x | $9.92 Million |
| Fountain Set (Holdings) Limited (FOV) | $3.59 Billion | 3.94% | 0.48x | $26.51 Million |
| Kingdom Holdings Limited (K7A) | $961.66 Million | 11.49% | 0.55x | $26.65 Million |
| Nitto Boseki Co. Ltd (NB5) | $98.70 Billion | 5.85% | 0.75x | $3.21 Billion |
| Hoftex Group AG (NBH) | $110.31 Million | 3.38% | 0.65x | $3.44 Million |
| Best Pacific International Holdings Limited (NWQ) | $3.32 Billion | 10.46% | 0.80x | $98.56 Million |
| Vereinigte Filzfabriken AG (VFF) | $2.11 Million | 0.00% | 3.43x | $601.10K |