Enertime SAS
Enertime SA engages in the design, development, and implementation of Organic Rankine Cycle (ORC) modules to produce renewable or CO2-free electricity from heat. The company also provides high temperature heat pumps that generates heat out of lower temperature heat and electricity, as well as steam generation heat pumps. In addition, it offers gas expansion turbines; provides engineering, procure… Read more
Enertime SAS (ALENE) - Net Assets
Latest net assets as of December 2023: €-1.70 Million EUR
Based on the latest financial reports, Enertime SAS (ALENE) has net assets worth €-1.70 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.55 Million) and total liabilities (€9.26 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 | €-1.70 Million |
| % of Total Assets | -22.54% |
| Annual Growth Rate | N/A |
| 5-Year Change | -176.66% |
| 10-Year Change | N/A |
| Growth Volatility | 67.48 |
Enertime SAS - Net Assets Trend (2014–2023)
This chart illustrates how Enertime SAS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Enertime SAS (2014–2023)
The table below shows the annual net assets of Enertime SAS from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €-1.70 Million | -147.07% |
| 2022-12-31 | €3.62 Million | +67.82% |
| 2021-12-31 | €2.16 Million | -23.25% |
| 2020-12-31 | €2.81 Million | +26.44% |
| 2019-12-31 | €2.22 Million | -32.20% |
| 2018-12-31 | €3.28 Million | +4.20% |
| 2017-12-31 | €3.14 Million | +68.52% |
| 2016-12-31 | €1.87 Million | +89.53% |
| 2015-12-31 | €984.54K | +18.32% |
| 2014-12-31 | €832.13K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enertime SAS'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 499069800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.17 Million | % |
| Other Comprehensive Income | €7.52K | % |
| Other Components | €4.99 Million | % |
| Total Equity | €-1.70 Million | 100.00% |
Enertime SAS Competitors by Market Cap
The table below lists competitors of Enertime SAS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHARLES RIV LAB INT
BE:RV6
|
$1.70 Million |
|
Nevada Sunrise Gold Corporation
PINK:NVSGF
|
$1.70 Million |
|
Cutera Inc
NASDAQ:CUTR
|
$1.70 Million |
|
Betonjaya Manunggal Tbk
JK:BTON
|
$1.70 Million |
|
CDN Maverick Capital Corp
OTCQB:AXVEF
|
$1.70 Million |
|
Chiangmai Rimdoi Public Company Limited
BK:CRD
|
$1.70 Million |
|
Spring Valley Acquisition Corp. II Rights
NASDAQ:SVIIR
|
$1.69 Million |
|
AJ Lucas Group Limited
PINK:AJLGF
|
$1.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enertime SAS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,387,886 to -1,703,091, a change of -4,090,977 (-171.3%).
- Net loss of 4,777,612 reduced equity.
- New share issuances of 326,595 increased equity.
- Other comprehensive income increased equity by 1.
- Other factors increased equity by 360,039.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.78 Million | -280.53% |
| Share Issuances | €326.60K | +19.18% |
| Other Comprehensive Income | €1.00 | +0.0% |
| Other Changes | €360.04K | +21.14% |
| Total Change | €- | -171.32% |
Book Value vs Market Value Analysis
This analysis compares Enertime SAS'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €0.49 | €0.22 | x |
| 2015-12-31 | €0.58 | €0.22 | x |
| 2016-12-31 | €1.09 | €0.22 | x |
| 2017-12-31 | €0.98 | €0.22 | x |
| 2018-12-31 | €0.75 | €0.22 | x |
| 2019-12-31 | €0.40 | €0.22 | x |
| 2020-12-31 | €0.30 | €0.22 | x |
| 2021-12-31 | €0.18 | €0.22 | x |
| 2022-12-31 | €0.28 | €0.22 | x |
| 2023-12-31 | €-0.15 | €0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enertime SAS 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -127.10%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-99.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -127.93% | -71.16% | 0.53x | 3.38x | €-1.15 Million |
| 2015 | -133.85% | -310.39% | 0.13x | 3.34x | €-1.42 Million |
| 2016 | -141.11% | -63.75% | 0.88x | 2.53x | €-2.82 Million |
| 2017 | -59.38% | -38.18% | 0.76x | 2.06x | €-2.18 Million |
| 2018 | -38.67% | -40.46% | 0.56x | 1.70x | €-1.59 Million |
| 2019 | -80.17% | -74.71% | 0.27x | 3.96x | €-1.57 Million |
| 2020 | -98.45% | -87.14% | 0.37x | 3.05x | €-2.43 Million |
| 2021 | -149.08% | -100.26% | 0.38x | 3.96x | €-2.33 Million |
| 2022 | -167.17% | -199.29% | 0.23x | 3.58x | €-4.23 Million |
| 2023 | 0.00% | -127.10% | 0.50x | 0.00x | €-4.61 Million |
Industry Comparison
This section compares Enertime SAS's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $34,297,129
- Average return on equity (ROE) among peers: 1.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enertime SAS (ALENE) | €-1.70 Million | -127.93% | N/A | $1.70 Million |
| Boa Concept SA (ALBOA) | $14.54 Million | 19.66% | 0.67x | $10.92 Million |
| Arcure SA (ALCUR) | $5.60 Million | -77.28% | 1.76x | $10.99 Million |
| DBT SA (ALDBT) | $3.25 Million | -10.57% | 3.33x | $367.36K |
| Enogia SAS (ALENO) | $2.24 Million | -22.81% | 2.88x | $20.95 Million |
| Gevelot (ALGEV) | $197.07 Million | 0.50% | 0.42x | $48.61 Million |
| NSC Groupe SA (ALNSC) | $56.00 Million | -0.03% | 0.88x | $4.37 Million |
| Cerinnov Group SA (ALPCV) | $826.00K | 79.90% | 11.71x | $94.81K |
| Precia S.A. (ALPM) | $19.78 Million | 9.93% | 1.49x | $65.58 Million |
| Metalliance SA (MLETA) | $9.37 Million | 9.72% | 1.23x | $86.87K |