2CRSI S.A. (AL2SI) - Net Assets
Based on the latest financial reports, 2CRSI S.A. (AL2SI) has net assets worth €29.19 Million EUR (≈ $34.13 Million USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€90.08 Million ≈ $105.32 Million USD) and total liabilities (€60.89 Million ≈ $71.19 Million USD). 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 asset resilience ratio of 2CRSI S.A. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €29.19 Million |
| % of Total Assets | 32.4% |
| Annual Growth Rate | 59.71% |
| 5-Year Change | -28.24% |
| 10-Year Change | N/A |
| Growth Volatility | 1148.53 |
2CRSI S.A. - Net Assets Trend (2016–2025)
This chart illustrates how 2CRSI S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore 2CRSI S.A. assets under control for the complete picture of this company's asset base.
Annual Net Assets for 2CRSI S.A. (2016–2025)
The table below shows the annual net assets of 2CRSI S.A. from 2016 to 2025. For live valuation and market cap data, see AL2SI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | €29.19 Million ≈ $34.13 Million |
+11.08% |
| 2024-02-29 | €26.28 Million ≈ $30.72 Million |
-24.07% |
| 2023-02-28 | €34.61 Million ≈ $40.46 Million |
-14.04% |
| 2022-02-28 | €40.26 Million ≈ $47.07 Million |
-1.03% |
| 2021-02-28 | €40.68 Million ≈ $47.56 Million |
-9.66% |
| 2020-02-29 | €45.03 Million ≈ $52.64 Million |
-11.82% |
| 2019-02-28 | €51.07 Million ≈ $59.70 Million |
+3666.00% |
| 2018-02-28 | €1.36 Million ≈ $1.59 Million |
+97.09% |
| 2017-02-28 | €688.00K ≈ $804.34K |
+59.26% |
| 2016-02-29 | €432.00K ≈ $505.05K |
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Equity Component Analysis
This analysis shows how different components contribute to 2CRSI S.A.'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 1176100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €2.01 Million | 6.89% |
| Other Comprehensive Income | €-11.95 Million | -40.94% |
| Other Components | €50.89 Million | 174.34% |
| Total Equity | €29.19 Million | 100.00% |
2CRSI S.A. Competitors by Market Cap
The table below lists competitors of 2CRSI S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangxi Hengda Hi-Tech Co Ltd
SHE:002591
|
$367.24 Million |
|
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
SHE:301063
|
$367.43 Million |
|
Newtek Business Services Corp
NASDAQ:NEWT
|
$367.45 Million |
|
Checkpoint Therapeutics Inc
NASDAQ:CKPT
|
$367.72 Million |
|
Fondul Proprietatea SA
RO:FP
|
$366.97 Million |
|
Shanghai Dragonnet Tech
SHE:300245
|
$366.93 Million |
|
Axiomtek Co Ltd
TWO:3088
|
$366.75 Million |
|
Hanil Cement Co Ltd
KO:003300
|
$366.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 2CRSI S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,413,000 to 29,191,000, a change of 2,778,000 (10.5%).
- Net income of 2,128,000 contributed positively to equity growth.
- Share repurchases of 89,000 reduced equity.
- Other comprehensive income decreased equity by 3,826,000.
- Other factors increased equity by 4,565,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.13 Million | +7.29% |
| Share Repurchases | €89.00K | -0.3% |
| Other Comprehensive Income | €-3.83 Million | -13.11% |
| Other Changes | €4.57 Million | +15.64% |
| Total Change | €- | 10.52% |
Book Value vs Market Value Analysis
This analysis compares 2CRSI S.A.'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: 27.74x
- 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 192.27x to 27.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-02-28 | €0.19 | €36.30 | x |
| 2018-02-28 | €0.14 | €36.30 | x |
| 2019-02-28 | €4.46 | €36.30 | x |
| 2020-02-29 | €3.18 | €36.30 | x |
| 2021-02-28 | €2.86 | €36.30 | x |
| 2022-02-28 | €2.85 | €36.30 | x |
| 2023-02-28 | €1.71 | €36.30 | x |
| 2024-02-29 | €1.85 | €36.30 | x |
| 2025-02-28 | €1.31 | €36.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 2CRSI S.A. 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): 7.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.96%
- • Asset Turnover: 2.45x
- • Equity Multiplier: 3.09x
- Recent ROE (7.29%) is above the historical average (0.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 40.55% | 2.45% | 1.42x | 11.66x | €210.20K |
| 2018 | 47.42% | 2.10% | 0.85x | 26.58x | €507.40K |
| 2019 | 7.27% | 5.68% | 0.66x | 1.95x | €-1.39 Million |
| 2020 | -12.12% | -8.29% | 0.42x | 3.44x | €-9.99 Million |
| 2021 | -10.28% | -2.56% | 1.01x | 3.95x | €-8.26 Million |
| 2022 | -2.62% | -0.58% | 1.12x | 4.03x | €-5.12 Million |
| 2023 | -51.71% | -6.71% | 1.35x | 5.73x | €-15.07 Million |
| 2024 | -18.50% | -3.73% | 1.79x | 2.77x | €-7.53 Million |
| 2025 | 7.29% | 0.96% | 2.45x | 3.09x | €-791.10K |
Industry Comparison
This section compares 2CRSI S.A.'s net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $184,381,636
- Average return on equity (ROE) among peers: 7.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 2CRSI S.A. (AL2SI) | €29.19 Million | 40.55% | 2.09x | $367.07 Million |
| Drone Volt SA (ALDRV) | $160.31K | 1.23% | 0.56x | $40.04 Million |
| Logic Instrume (ALLOG) | $6.40 Million | 19.25% | 1.34x | $22.36 Million |
| MGI Digital (ALMDG) | $106.38 Million | 13.48% | 0.23x | $73.63 Million |
| Ordissimo (ALORD) | $6.03 Million | -5.91% | 0.25x | $3.40 Million |
| Metavisio (Thomson Computing) (ALTHO) | $6.88 Million | 11.06% | 2.30x | $1.28 Million |
| Artois Nom. (ARTO) | $1.50 Billion | 0.78% | 0.06x | $2.26 Billion |
| Guillemot Corporation S.A. (GUI) | $28.36 Million | 10.78% | 1.19x | $59.99 Million |
| Octopus Robots SA (MLOCT) | $-645.74K | 0.00% | 0.00x | $21.74 Million |
| Embention Sistemas Inteligentes S.A. (MLUAV) | $2.36 Million | 17.68% | 1.40x | $195.34 Million |
About 2CRSI S.A.
2CRSI S.A., together with its subsidiaries, develops, manufactures, and distributes end-to-end computing solutions in France and internationally. The company offers servers and accessories, such as GPU and AI servers, mainstream compute servers, high density servers, rugged servers, and risers; OCP servers and racks, including OCtoPus 21 servers and rack solutions; and workstations comprising hig… Read more