Bitdeer Technologies Group Class A Ordinary Shares (BTDR) - Net Assets
Based on the latest financial reports, Bitdeer Technologies Group Class A Ordinary Shares (BTDR) has net assets worth $573.81 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.44 Billion) and total liabilities ($1.86 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. Check Bitdeer Technologies Group Class A Ordin liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $573.81 Million |
| % of Total Assets | 23.55% |
| Annual Growth Rate | 17.34% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.66 |
Bitdeer Technologies Group Class A Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how Bitdeer Technologies Group Class A Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Bitdeer Technologies Group Class A Ordin for the complete picture of this company's asset base.
Annual Net Assets for Bitdeer Technologies Group Class A Ordinary Shares (2020–2024)
The table below shows the annual net assets of Bitdeer Technologies Group Class A Ordinary Shares from 2020 to 2024. For live valuation and market cap data, see BTDR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $276.60 Million | -16.83% |
| 2023-12-31 | $332.57 Million | +4.47% |
| 2022-12-31 | $318.34 Million | +10.50% |
| 2021-12-31 | $288.08 Million | +97.44% |
| 2020-12-31 | $145.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bitdeer Technologies Group Class A Ordinary Shares'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 64900400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $1.09 Billion | 392.82% |
| Total Equity | $276.60 Million | 100.00% |
Bitdeer Technologies Group Class A Ordinary Shares Competitors by Market Cap
The table below lists competitors of Bitdeer Technologies Group Class A Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bravida Holding AB
ST:BRAV
|
$2.10 Billion |
|
Arion banki hf
ST:ARION-SDB
|
$2.10 Billion |
|
Cadeler A/S
NYSE:CDLR
|
$2.10 Billion |
|
Metcash Ltd
AU:MTS
|
$2.10 Billion |
|
Hansol Chemica
KO:014680
|
$2.10 Billion |
|
Emami Limited
NSE:EMAMILTD
|
$2.10 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
$2.10 Billion |
|
Qingdao Gon Technology Co Ltd
SHE:002768
|
$2.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bitdeer Technologies Group Class A Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 332,566,000 to 276,598,000, a change of -55,968,000 (-16.8%).
- Net loss of 599,151,000 reduced equity.
- Share repurchases of 617,000 reduced equity.
- New share issuances of 485,108,000 increased equity.
- Other comprehensive income increased equity by 701,505,000.
- Other factors decreased equity by 642,813,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-599.15 Million | -216.61% |
| Share Repurchases | $617.00K | -0.22% |
| Share Issuances | $485.11 Million | +175.38% |
| Other Comprehensive Income | $701.50 Million | +253.62% |
| Other Changes | $-642.81 Million | -232.4% |
| Total Change | $- | -16.83% |
Book Value vs Market Value Analysis
This analysis compares Bitdeer Technologies Group Class A Ordinary Shares'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: 5.88x
- 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 9.03x to 5.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $1.31 | $11.84 | x |
| 2021-12-31 | $2.59 | $11.84 | x |
| 2022-12-31 | $2.86 | $11.84 | x |
| 2023-12-31 | $3.01 | $11.84 | x |
| 2024-12-31 | $2.01 | $11.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bitdeer Technologies Group Class A Ordinary Shares 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): -216.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -171.29%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 5.63x
- Recent ROE (-216.61%) is below the historical average (-52.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -38.26% | -29.95% | 0.22x | 5.85x | $-70.42 Million |
| 2021 | 28.69% | 20.94% | 0.61x | 2.25x | $53.84 Million |
| 2022 | -18.96% | -18.11% | 0.51x | 2.05x | $-92.20 Million |
| 2023 | -17.04% | -15.37% | 0.58x | 1.92x | $-89.91 Million |
| 2024 | -216.61% | -171.29% | 0.22x | 5.63x | $-626.81 Million |
Industry Comparison
This section compares Bitdeer Technologies Group Class A Ordinary Shares's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bitdeer Technologies Group Class A Ordinary Shares (BTDR) | $573.81 Million | -38.26% | 3.25x | $2.10 Billion |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Bitdeer Technologies Group Class A Ordinary Shares
Bitdeer Technologies Group operates as a technology company for blockchain and high-performance computing (HPC) in Singapore, the United States, Bhutan, and Norway. The company offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining rig hosting solutions comprising deployment, maintenance, and management services for cryptocurrency mining; as… Read more