Pitanium Ltd (PTNM) - Net Assets
Based on the latest financial reports, Pitanium Ltd (PTNM) has net assets worth $40.42 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($60.29 Million) and total liabilities ($19.87 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 Pitanium Ltd (PTNM) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $40.42 Million |
| % of Total Assets | 67.04% |
| Annual Growth Rate | 99.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 114.58 |
Pitanium Ltd - Net Assets Trend (2023–2025)
This chart illustrates how Pitanium Ltd's net assets have evolved over time, based on quarterly financial data. Also explore PTNM total assets for the complete picture of this company's asset base.
Annual Net Assets for Pitanium Ltd (2023–2025)
The table below shows the annual net assets of Pitanium Ltd from 2023 to 2025. For live valuation and market cap data, see Pitanium Ltd (PTNM) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $40.42 Million | +244.61% |
| 2024-09-30 | $11.73 Million | +15.44% |
| 2023-09-30 | $10.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pitanium Ltd'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 192.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.89K | 0.04% |
| Other Components | $49.78 Million | 123.16% |
| Total Equity | $40.42 Million | 100.00% |
Pitanium Ltd Competitors by Market Cap
The table below lists competitors of Pitanium Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Halma PLC
LSE:HLMA
|
$208.04 Million |
|
Fiducian Group Ltd
AU:FID
|
$208.17 Million |
|
Eastern Media International Corp
TW:2614
|
$208.27 Million |
|
Atrium Therapeutics, Inc. Common Stock
NASDAQ:RNA
|
$208.37 Million |
|
Brogent Technologies
TWO:5263
|
$207.84 Million |
|
TYM Corporation
KO:002900
|
$207.74 Million |
|
Saniona AB
ST:SANION
|
$207.66 Million |
|
Mayfield Group Holdings Ltd
AU:MYG
|
$207.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pitanium Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,728,814 to 40,418,795, a change of 28,689,981 (244.6%).
- Net loss of 21,108,928 reduced equity.
- New share issuances of 49,798,909 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.11 Million | -52.23% |
| Share Issuances | $49.80 Million | +123.21% |
| Total Change | $- | 244.61% |
Book Value vs Market Value Analysis
This analysis compares Pitanium Ltd'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: 5.57x
- 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 20.20x to 5.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-09-30 | $0.51 | $10.39 | x |
| 2024-09-30 | $0.56 | $10.39 | x |
| 2025-09-30 | $1.86 | $10.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pitanium Ltd 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): -52.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -31.94%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.49x
- Recent ROE (-52.23%) is below the historical average (41.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 100.94% | 15.04% | 1.55x | 4.32x | $9.24 Million |
| 2024 | 75.85% | 11.87% | 2.07x | 3.08x | $7.72 Million |
| 2025 | -52.23% | -31.94% | 1.10x | 1.49x | $-25.15 Million |
Industry Comparison
This section compares Pitanium Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,363,927,605
- Average return on equity (ROE) among peers: -469.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pitanium Ltd (PTNM) | $40.42 Million | 100.94% | 0.49x | $207.93 Million |
| Acme United Corporation (ACU) | $6.50 Million | -49.23% | 3.20x | $159.26 Million |
| Bruush Oral Care Inc. (BRSHF) | $163.14K | -5449.60% | 11.70x | $10.10K |
| Park Ha Biological Technology Co., Ltd. (BYAH) | $150.28K | 127.30% | 15.76x | $12.69 Million |
| Church & Dwight Company Inc (CHD) | $2.04 Billion | 15.17% | 0.53x | $22.73 Billion |
| Colgate-Palmolive Company (CL) | $243.00 Million | 832.92% | 51.16x | $70.34 Billion |
| The Clorox Company (CLX) | $297.00 Million | 218.18% | 14.21x | $10.53 Billion |
| Coty Inc (COTY) | $9.87 Billion | -4.28% | 1.28x | $1.95 Billion |
| Carmell Therapeutics Corporation (CTCX) | $-37.79 Million | 0.00% | 0.00x | $4.61 Million |
| Big Tree Cloud Holdings Limited Ordinary Shares (DSY) | $453.17K | -417.72% | 4.36x | $19.52 Million |
| Estee Lauder Companies Inc (EL) | $1.22 Billion | 36.81% | 2.38x | $19.60 Billion |
About Pitanium Ltd
Pitanium Limited, through its subsidiaries, provides retail and online sales of proprietary branded skincare, haircare, cosmetic, and personal care products in Hong Kong. It offers facial-care products, such as serums, cleansing products, face masks, and toners; haircare products, including shampoo, conditioners, hair serum, hair supplements, hair treatment, scalp scrub, and hair oil and masks; a… Read more