Hitechpros
HITECHPROS Société anonyme provides subscription and staffing services in France. The company operates Hitechpros.com, that connects players in the IT sector. It also provides staffing service that enables information systems directors to find intellectual resources for their IT service needs. In addition, the company offers SHORTLISTMANAGER.com, a software package for optimizing purchases of int… Read more
Hitechpros (ALHIT) - Net Assets
Latest net assets as of December 2024: €5.42 Million EUR
Based on the latest financial reports, Hitechpros (ALHIT) has net assets worth €5.42 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.42 Million) and total liabilities (€8.00 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 | €5.42 Million |
| % of Total Assets | 40.37% |
| Annual Growth Rate | 12.69% |
| 5-Year Change | 12.71% |
| 10-Year Change | 52.07% |
| Growth Volatility | 96.92 |
Hitechpros - Net Assets Trend (2003–2024)
This chart illustrates how Hitechpros's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hitechpros (2003–2024)
The table below shows the annual net assets of Hitechpros from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.42 Million | -5.56% |
| 2023-12-31 | €5.74 Million | +3.79% |
| 2022-12-31 | €5.53 Million | +10.82% |
| 2021-12-31 | €4.99 Million | +3.76% |
| 2020-12-31 | €4.81 Million | +0.73% |
| 2019-12-31 | €4.77 Million | -2.12% |
| 2018-12-31 | €4.87 Million | +1.84% |
| 2017-12-31 | €4.79 Million | +18.11% |
| 2016-12-31 | €4.05 Million | +13.77% |
| 2015-12-31 | €3.56 Million | +10.36% |
| 2014-12-31 | €3.23 Million | -17.69% |
| 2013-12-31 | €3.92 Million | -17.26% |
| 2012-12-31 | €4.74 Million | -9.69% |
| 2011-12-31 | €5.25 Million | +5.17% |
| 2010-12-31 | €4.99 Million | -16.06% |
| 2009-12-31 | €5.94 Million | +0.02% |
| 2008-12-31 | €5.94 Million | +6.70% |
| 2007-12-31 | €5.57 Million | +17.89% |
| 2006-12-31 | €4.72 Million | +454.58% |
| 2005-12-31 | €852.00K | +29.48% |
| 2004-12-31 | €658.00K | +49.21% |
| 2003-12-31 | €441.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hitechpros'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 grown by 960.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.62 Million | 66.75% |
| Common Stock | €657.39K | 12.14% |
| Other Comprehensive Income | €73.04K | 1.35% |
| Other Components | €1.07 Million | 19.77% |
| Total Equity | €5.42 Million | 100.00% |
Hitechpros Competitors by Market Cap
The table below lists competitors of Hitechpros ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Mitra Pack Tbk
JK:PTMP
|
$3.16 Million |
|
Mex Polska S.A.
WAR:MEX
|
$3.16 Million |
|
Grounded Lithium Corp.
V:GRD
|
$3.16 Million |
|
Pure Resources Ltd
AU:PR1
|
$3.16 Million |
|
Bullet Exploration Inc
V:AMMO
|
$3.15 Million |
|
Termorex
WAR:TRR
|
$3.15 Million |
|
yarrl S.A.
WAR:YRL
|
$3.15 Million |
|
Sumi Indo Kabel Tbk
JK:IKBI
|
$3.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hitechpros's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,735,693 to 5,416,857, a change of -318,836 (-5.6%).
- Net income of 1,810,821 contributed positively to equity growth.
- Other comprehensive income increased equity by 73,042.
- Other factors decreased equity by 2,202,699.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.81 Million | +33.43% |
| Other Comprehensive Income | €73.04K | +1.35% |
| Other Changes | €-2.20 Million | -40.66% |
| Total Change | €- | -5.56% |
Book Value vs Market Value Analysis
This analysis compares Hitechpros'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: 3.76x
- 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 3.66x to 3.76x 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 | €3.39 | €12.40 | x |
| 2008-12-31 | €3.31 | €12.40 | x |
| 2009-12-31 | €3.25 | €12.40 | x |
| 2010-12-31 | €2.75 | €12.40 | x |
| 2011-12-31 | €2.87 | €12.40 | x |
| 2012-12-31 | €2.60 | €12.40 | x |
| 2013-12-31 | €2.15 | €12.40 | x |
| 2014-12-31 | €1.96 | €12.40 | x |
| 2015-12-31 | €2.17 | €12.40 | x |
| 2016-12-31 | €2.47 | €12.40 | x |
| 2017-12-31 | €2.91 | €12.40 | x |
| 2018-12-31 | €2.97 | €12.40 | x |
| 2019-12-31 | €2.90 | €12.40 | x |
| 2020-12-31 | €2.92 | €12.40 | x |
| 2021-12-31 | €3.03 | €12.40 | x |
| 2022-12-31 | €3.36 | €12.40 | x |
| 2023-12-31 | €3.49 | €12.40 | x |
| 2024-12-31 | €3.30 | €12.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hitechpros 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): 33.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.60%
- • Asset Turnover: 2.04x
- • Equity Multiplier: 2.48x
- Recent ROE (33.43%) is below the historical average (34.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 56.24% | 15.51% | 2.03x | 1.79x | €203.90K |
| 2004 | 63.37% | 26.06% | 1.71x | 1.42x | €351.20K |
| 2005 | 57.93% | 28.85% | 1.43x | 1.41x | €407.90K |
| 2006 | 18.90% | 13.86% | 0.99x | 1.38x | €420.50K |
| 2007 | 22.39% | 13.82% | 1.17x | 1.39x | €690.15K |
| 2008 | 15.19% | 7.74% | 1.31x | 1.50x | €308.51K |
| 2009 | 7.70% | 4.35% | 1.31x | 1.35x | €-136.58K |
| 2010 | 17.47% | 6.92% | 1.58x | 1.60x | €372.54K |
| 2011 | 17.10% | 6.19% | 1.71x | 1.62x | €372.42K |
| 2012 | 17.40% | 6.34% | 1.72x | 1.60x | €350.56K |
| 2013 | 25.70% | 8.75% | 1.63x | 1.80x | €615.60K |
| 2014 | 33.34% | 8.20% | 1.72x | 2.36x | €753.42K |
| 2015 | 39.38% | 8.40% | 1.78x | 2.63x | €1.05 Million |
| 2016 | 42.52% | 9.36% | 1.63x | 2.79x | €1.32 Million |
| 2017 | 44.52% | 10.65% | 1.58x | 2.65x | €1.65 Million |
| 2018 | 43.95% | 11.55% | 1.56x | 2.43x | €1.65 Million |
| 2019 | 40.89% | 11.18% | 1.43x | 2.55x | €1.47 Million |
| 2020 | 40.05% | 10.54% | 1.67x | 2.27x | €1.44 Million |
| 2021 | 39.88% | 9.25% | 1.76x | 2.45x | €1.49 Million |
| 2022 | 39.50% | 7.96% | 1.88x | 2.64x | €1.63 Million |
| 2023 | 39.46% | 7.32% | 2.14x | 2.52x | €1.69 Million |
| 2024 | 33.43% | 6.60% | 2.04x | 2.48x | €1.27 Million |
Industry Comparison
This section compares Hitechpros's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $69,814,997
- Average return on equity (ROE) among peers: 8.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hitechpros (ALHIT) | €5.42 Million | 56.24% | 1.48x | $3.16 Million |
| IT Link (ALITL) | $28.43 Million | 14.18% | 1.14x | $11.65 Million |
| Keyrus SA (ALKEY) | $53.11 Million | -10.38% | 4.43x | $27.26 Million |
| Alten SA (ATE) | $336.87 Million | 5.15% | 0.91x | $1.73 Billion |
| Aubay Société Anonyme (AUB) | $35.98 Million | -3.77% | 0.41x | $303.01 Million |
| Union Technologies Informatique Group S.A (FPG) | $4.38 Million | 0.91% | 2.98x | $646.24K |
| Infotel SA (INF) | $92.71 Million | 13.95% | 1.22x | $166.63 Million |
| Cheops Technology France SA (MLCHE) | $24.38 Million | 28.89% | 2.13x | $568.30K |
| Locasystem International SA (MLLOI) | $4.51 Million | 20.14% | 3.79x | $133.42K |
| Neurones (NRO) | $47.97 Million | 10.92% | 0.55x | $431.86 Million |