HF Company SA (ALHF) - Net Assets
Based on the latest financial reports, HF Company SA (ALHF) has net assets worth €16.04 Million EUR (≈ $18.75 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 (€21.98 Million ≈ $25.70 Million USD) and total liabilities (€5.94 Million ≈ $6.95 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 ALHF asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €16.04 Million |
| % of Total Assets | 72.96% |
| Annual Growth Rate | -6.42% |
| 5-Year Change | -37.67% |
| 10-Year Change | -66.74% |
| Growth Volatility | 8.24 |
HF Company SA - Net Assets Trend (2006–2024)
This chart illustrates how HF Company SA's net assets have evolved over time, based on quarterly financial data. Also explore HF Company SA asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for HF Company SA (2006–2024)
The table below shows the annual net assets of HF Company SA from 2006 to 2024. For live valuation and market cap data, see HF Company SA stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €20.28 Million ≈ $23.71 Million |
-12.97% |
| 2023-12-31 | €23.30 Million ≈ $27.24 Million |
-18.17% |
| 2022-12-31 | €28.47 Million ≈ $33.29 Million |
-9.16% |
| 2021-12-31 | €31.34 Million ≈ $36.64 Million |
-3.66% |
| 2020-12-31 | €32.53 Million ≈ $38.04 Million |
-20.20% |
| 2019-12-31 | €40.77 Million ≈ $47.66 Million |
-2.91% |
| 2018-12-31 | €41.99 Million ≈ $49.09 Million |
-12.45% |
| 2017-12-31 | €47.97 Million ≈ $56.08 Million |
-7.12% |
| 2016-12-31 | €51.64 Million ≈ $60.37 Million |
-15.28% |
| 2015-12-31 | €60.96 Million ≈ $71.27 Million |
-1.32% |
| 2014-12-31 | €61.78 Million ≈ $72.22 Million |
+6.04% |
| 2013-12-31 | €58.26 Million ≈ $68.11 Million |
-0.54% |
| 2012-12-31 | €58.58 Million ≈ $68.48 Million |
-18.89% |
| 2011-12-31 | €72.22 Million ≈ $84.43 Million |
-0.81% |
| 2010-12-31 | €72.80 Million ≈ $85.12 Million |
+5.01% |
| 2009-12-31 | €69.33 Million ≈ $81.05 Million |
+2.71% |
| 2008-12-31 | €67.50 Million ≈ $78.92 Million |
+1.45% |
| 2007-12-31 | €66.54 Million ≈ $77.79 Million |
-0.66% |
| 2006-12-31 | €66.98 Million ≈ $78.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HF Company SA'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 124.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.57 Million | 7.74% |
| Other Comprehensive Income | €-1.22 Million | -6.00% |
| Other Components | €21.14 Million | 104.26% |
| Total Equity | €20.28 Million | 100.00% |
HF Company SA Competitors by Market Cap
The table below lists competitors of HF Company SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chitose Internasional Tbk
JK:CINT
|
$11.95 Million |
|
Photonike Capital SA
PA:MLPHO
|
$11.96 Million |
|
Orpheus Uranium Ltd
AU:ORP
|
$11.96 Million |
|
Boa Concept SA
PA:ALBOA
|
$11.96 Million |
|
Kainos Group PLC
LSE:KNOS
|
$11.95 Million |
|
Suryalakshmi Cotton Mills Limited
NSE:SURYALAXMI
|
$11.94 Million |
|
Kalgoorlie Gold Mining Ltd
AU:KAL
|
$11.93 Million |
|
Alfa Energi Investama Tbk PT
JK:FIRE
|
$11.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HF Company SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,299,000 to 20,278,000, a change of -3,021,000 (-13.0%).
- Net loss of 1,594,000 reduced equity.
- Dividend payments of 1,420,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,523,000.
- Other factors increased equity by 2,516,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.59 Million | -7.86% |
| Dividends Paid | €1.42 Million | -7.0% |
| Other Comprehensive Income | €-2.52 Million | -12.44% |
| Other Changes | €2.52 Million | +12.41% |
| Total Change | €- | -12.97% |
Book Value vs Market Value Analysis
This analysis compares HF Company SA'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: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.30x to 0.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €15.99 | €4.75 | x |
| 2007-12-31 | €15.87 | €4.75 | x |
| 2008-12-31 | €17.02 | €4.75 | x |
| 2009-12-31 | €18.26 | €4.75 | x |
| 2010-12-31 | €19.19 | €4.75 | x |
| 2011-12-31 | €19.18 | €4.75 | x |
| 2012-12-31 | €16.28 | €4.75 | x |
| 2013-12-31 | €16.34 | €4.75 | x |
| 2014-12-31 | €17.62 | €4.75 | x |
| 2015-12-31 | €17.40 | €4.75 | x |
| 2016-12-31 | €15.22 | €4.75 | x |
| 2017-12-31 | €14.33 | €4.75 | x |
| 2018-12-31 | €12.83 | €4.75 | x |
| 2019-12-31 | €12.58 | €4.75 | x |
| 2020-12-31 | €10.16 | €4.75 | x |
| 2021-12-31 | €10.04 | €4.75 | x |
| 2022-12-31 | €9.12 | €4.75 | x |
| 2023-12-31 | €8.16 | €4.75 | x |
| 2024-12-31 | €7.15 | €4.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HF Company SA 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): -7.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -50.02%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.07x
- Recent ROE (-7.86%) is below the historical average (-2.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 7.68% | 3.72% | 1.00x | 2.06x | €-1.54 Million |
| 2007 | 8.95% | 4.11% | 0.93x | 2.33x | €-692.60K |
| 2008 | 7.90% | 3.99% | 0.92x | 2.16x | €-1.40 Million |
| 2009 | 6.09% | 3.01% | 0.97x | 2.09x | €-2.68 Million |
| 2010 | 8.70% | 4.29% | 0.96x | 2.12x | €-939.50K |
| 2011 | 3.79% | 1.89% | 1.01x | 1.99x | €-4.47 Million |
| 2012 | -18.85% | -9.76% | 0.99x | 1.94x | €-16.85 Million |
| 2013 | 2.06% | 1.26% | 0.89x | 1.85x | €-4.62 Million |
| 2014 | -1.16% | -1.46% | 0.53x | 1.51x | €-6.89 Million |
| 2015 | 2.13% | 2.45% | 0.59x | 1.47x | €-4.79 Million |
| 2016 | -13.55% | -10.35% | 0.91x | 1.43x | €-12.16 Million |
| 2017 | -1.85% | -2.08% | 0.67x | 1.32x | €-5.68 Million |
| 2018 | -9.36% | -10.93% | 0.64x | 1.34x | €-8.13 Million |
| 2019 | -2.75% | -3.48% | 0.60x | 1.32x | €-5.20 Million |
| 2020 | -24.94% | -27.82% | 0.62x | 1.44x | €-11.36 Million |
| 2021 | 2.23% | 2.90% | 0.70x | 1.09x | €-2.44 Million |
| 2022 | 1.87% | 8.27% | 0.21x | 1.08x | €-2.32 Million |
| 2023 | -9.67% | -41.19% | 0.22x | 1.05x | €-4.58 Million |
| 2024 | -7.86% | -50.02% | 0.15x | 1.07x | €-3.62 Million |
Industry Comparison
This section compares HF Company SA's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $7,356,266
- Average return on equity (ROE) among peers: -31.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HF Company SA (ALHF) | €16.04 Million | 7.68% | 0.37x | $11.95 Million |
| Adeunis (ALARF) | $226.00K | -423.01% | 22.32x | $2.60 Million |
| Broadpeak SA (ALBPK) | $4.25 Million | 33.19% | 5.66x | $29.85 Million |
| Kerlink SAS (ALKLK) | $10.16 Million | -16.99% | 1.13x | $6.78 Million |
| Cogelec SA (ALLEC) | $3.47 Million | 58.62% | 8.58x | $242.29 Million |
| ENENSYS Technologies SA (ALNN6) | $19.18 Million | -10.22% | 0.44x | $7.02 Million |
| Netgem SA (ALNTG) | $16.31 Million | 48.66% | 1.18x | $24.09 Million |
| Txcom SA (ALTXC) | $9.55 Million | 15.67% | 0.59x | $9.45 Million |
| ATEME SA (ATEME) | $4.55 Million | 8.34% | 2.23x | $108.38 Million |
| Avenir Telecom S.A (AVT) | $-1.48 Million | 0.00% | 0.00x | $6.59 Million |
About HF Company SA
HF Company SA, a technology solutions integrator, engages in the design and distribution of products and services for the home digital life market in Asia, Europe, and the United States. It develops and distributes a range of consumer xDSL products, such as ADSL filters and VDSL master filters, as well as equipment for professional xDSL networks; operates an independent laboratory for conformity,… Read more