Newegg Commerce Inc (NEGG) - Net Assets
Based on the latest financial reports, Newegg Commerce Inc (NEGG) has net assets worth $114.10 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($372.74 Million) and total liabilities ($258.64 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. Check Newegg Commerce Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $114.10 Million |
| % of Total Assets | 30.61% |
| Annual Growth Rate | 17.98% |
| 5-Year Change | -16.79% |
| 10-Year Change | 563.9% |
| Growth Volatility | 58.21 |
Newegg Commerce Inc - Net Assets Trend (2007–2024)
This chart illustrates how Newegg Commerce Inc's net assets have evolved over time, based on quarterly financial data. Also explore NEGG asset base for the complete picture of this company's asset base.
Annual Net Assets for Newegg Commerce Inc (2007–2024)
The table below shows the annual net assets of Newegg Commerce Inc from 2007 to 2024. For live valuation and market cap data, see Newegg Commerce Inc (NEGG) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $106.09 Million | -18.01% |
| 2023-12-31 | $129.39 Million | -16.64% |
| 2022-12-31 | $155.22 Million | -14.85% |
| 2021-12-31 | $182.28 Million | +42.97% |
| 2020-12-31 | $127.50 Million | +9992.78% |
| 2019-12-31 | $-1.29 Million | -141.35% |
| 2018-12-31 | $3.12 Million | -72.06% |
| 2017-12-31 | $11.15 Million | -19.98% |
| 2016-12-31 | $13.94 Million | -12.78% |
| 2014-12-31 | $15.98 Million | -55.44% |
| 2013-12-31 | $35.86 Million | +9.90% |
| 2012-12-31 | $32.63 Million | +13.22% |
| 2011-12-31 | $28.82 Million | +17.83% |
| 2010-12-31 | $24.46 Million | +132.08% |
| 2009-12-31 | $10.54 Million | +34.88% |
| 2008-12-31 | $7.81 Million | +22.51% |
| 2007-12-31 | $6.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Newegg Commerce Inc'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 10296.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $8.51 Million | 8.02% |
| Other Comprehensive Income | $-2.30 Million | -2.17% |
| Other Components | $273.91 Million | 258.18% |
| Total Equity | $106.09 Million | 100.00% |
Newegg Commerce Inc Competitors by Market Cap
The table below lists competitors of Newegg Commerce Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hansen Technologies Ltd
AU:HSN
|
$715.30 Million |
|
Alto Neuroscience, Inc.
NYSE:ANRO
|
$715.58 Million |
|
eClerx Services Limited
NSE:ECLERX
|
$715.66 Million |
|
Lectra SA
PA:LSS
|
$715.73 Million |
|
Yingkou Jinchen Mach Co Ltd
SHG:603396
|
$715.16 Million |
|
BJs Restaurants Inc
NASDAQ:BJRI
|
$714.98 Million |
|
Janus International Group Inc
NYSE:JBI
|
$714.95 Million |
|
Saimo Electric Co Ltd
SHE:300466
|
$714.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Newegg Commerce Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 129,392,000 to 106,092,000, a change of -23,300,000 (-18.0%).
- Net loss of 43,328,000 reduced equity.
- Share repurchases of 3,503,000 reduced equity.
- Other comprehensive income decreased equity by 2,494,000.
- Other factors increased equity by 26,025,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-43.33 Million | -40.84% |
| Share Repurchases | $3.50 Million | -3.3% |
| Other Comprehensive Income | $-2.49 Million | -2.35% |
| Other Changes | $26.02 Million | +24.53% |
| Total Change | $- | -18.01% |
Book Value vs Market Value Analysis
This analysis compares Newegg Commerce Inc'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: 6.20x
- 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 0.12x to 6.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $283.23 | $34.11 | x |
| 2008-12-31 | $2.20 | $34.11 | x |
| 2009-12-31 | $1.79 | $34.11 | x |
| 2010-12-31 | $5.89 | $34.11 | x |
| 2011-12-31 | $6.39 | $34.11 | x |
| 2012-12-31 | $7.09 | $34.11 | x |
| 2013-12-31 | $7.75 | $34.11 | x |
| 2014-12-31 | $2.90 | $34.11 | x |
| 2016-12-31 | $1.34 | $34.11 | x |
| 2017-12-31 | $0.64 | $34.11 | x |
| 2018-12-31 | $0.18 | $34.11 | x |
| 2019-12-31 | $-0.08 | $34.11 | x |
| 2020-12-31 | $6.62 | $34.11 | x |
| 2021-12-31 | $8.43 | $34.11 | x |
| 2022-12-31 | $8.32 | $34.11 | x |
| 2023-12-31 | $6.84 | $34.11 | x |
| 2024-12-31 | $5.50 | $34.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Newegg Commerce Inc 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): -40.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.51%
- • Asset Turnover: 3.03x
- • Equity Multiplier: 3.84x
- Recent ROE (-40.84%) is below the historical average (-31.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 14.97% | 12.05% | 0.66x | 1.87x | $264.16K |
| 2008 | 13.89% | 9.75% | 0.72x | 1.97x | $257.15K |
| 2009 | 28.82% | 21.62% | 0.70x | 1.92x | $1.75 Million |
| 2010 | 18.56% | 23.16% | 0.53x | 1.51x | $2.09 Million |
| 2011 | 10.77% | 14.34% | 0.62x | 1.21x | $221.12K |
| 2012 | 9.83% | 15.00% | 0.56x | 1.17x | $-56.85K |
| 2013 | 5.57% | 26.97% | 0.18x | 1.18x | $-1.59 Million |
| 2014 | -152.05% | -877.19% | 0.13x | 1.33x | $-25.90 Million |
| 2016 | -69.23% | -73.87% | 0.79x | 1.19x | $-11.04 Million |
| 2017 | -46.05% | -582.35% | 0.06x | 1.40x | $-6.25 Million |
| 2018 | -285.89% | -1592.82% | 0.10x | 1.83x | $-9.22 Million |
| 2019 | 0.00% | -1.11% | 657.22x | 0.00x | $-16.86 Million |
| 2020 | 23.86% | 1.44% | 3.79x | 4.37x | $17.68 Million |
| 2021 | 19.89% | 1.53% | 3.79x | 3.44x | $18.03 Million |
| 2022 | -37.00% | -3.34% | 3.17x | 3.49x | $-72.95 Million |
| 2023 | -45.59% | -3.94% | 3.00x | 3.86x | $-71.93 Million |
| 2024 | -40.84% | -3.51% | 3.03x | 3.84x | $-53.94 Million |
Industry Comparison
This section compares Newegg Commerce Inc's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $7,541,565,044
- Average return on equity (ROE) among peers: 6.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Newegg Commerce Inc (NEGG) | $114.10 Million | 14.97% | 2.27x | $715.17 Million |
| Winamp Group SA (ALPET) | $3.19 Million | -19.36% | 0.11x | $13.13 Million |
| Amazon.com Inc (AMZN) | $62.06 Billion | 18.67% | 2.63x | $2.51 Trillion |
| Beyond, Inc. (BYON) | $54.91 Million | -21.03% | 0.78x | $541.91 Million |
| Baozun Inc (BZUN) | $5.78 Billion | -3.20% | 0.77x | $138.03 Million |
| Maplebear Inc. (CART) | $50.26 Million | 5.87% | 8.45x | $10.15 Billion |
| Chewy Inc (CHWY) | $-403.97 Million | 0.00% | 0.00x | $6.09 Billion |
| Coupang LLC (CPNG) | $4.10 Billion | 3.75% | 2.74x | $33.89 Billion |
| Dada Nexus Ltd (DADA) | $-7.19 Billion | 0.00% | 0.00x | $506.16 Million |
| DoorDash, Inc. Class A Common Stock (DASH) | $1.18 Billion | -56.43% | 0.47x | $69.45 Billion |
| eBay Inc (EBAY) | $9.78 Billion | 139.17% | 1.72x | $39.55 Billion |
About Newegg Commerce Inc
Newegg Commerce, Inc. operates as an electronics-focused e-retailer in the United States, Canada, and internationally. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; and software, virtual reality, gaming consoles, networking, digital games, home appliances, gaming desks/cha… Read more