Cerinnov Group SA
Cerinnov Group SA designs, manufactures, and markets of machines and equipment for the ceramics, heat treatment, and glass industries in France, rest of Europe, the Americas, Asia, Oceania, and the Middle East. It offers forming machines, such as pressure casting machines, robotized pressure casting machines, automated jiggering lines, automatic drain casting machines, and finishing machines; gla… Read more
Cerinnov Group SA (ALPCV) - Net Assets
Latest net assets as of December 2024: €968.00K EUR
Based on the latest financial reports, Cerinnov Group SA (ALPCV) has net assets worth €968.00K EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.73 Million) and total liabilities (€13.77 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 | €968.00K |
| % of Total Assets | 6.57% |
| Annual Growth Rate | 19.5% |
| 5-Year Change | -80.61% |
| 10-Year Change | 17.19% |
| Growth Volatility | 399.33 |
Cerinnov Group SA - Net Assets Trend (2014–2024)
This chart illustrates how Cerinnov Group SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cerinnov Group SA (2014–2024)
The table below shows the annual net assets of Cerinnov Group SA from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €968.00K | -74.45% |
| 2023-12-31 | €3.79 Million | +11.35% |
| 2022-12-31 | €3.40 Million | -9.95% |
| 2021-12-31 | €3.78 Million | -24.33% |
| 2020-12-31 | €4.99 Million | -45.82% |
| 2019-12-31 | €9.22 Million | -9.94% |
| 2018-12-31 | €10.23 Million | -5.16% |
| 2017-12-31 | €10.79 Million | -5.76% |
| 2016-12-31 | €11.45 Million | +1286.20% |
| 2015-12-31 | €826.00K | +406.75% |
| 2014-12-31 | €163.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cerinnov Group 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 291900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €989.00K | 102.17% |
| Other Components | €3.35 Million | 346.49% |
| Total Equity | €968.00K | 100.00% |
Cerinnov Group SA Competitors by Market Cap
The table below lists competitors of Cerinnov Group SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
1st Federal Savings Bank of SC Inc
PINK:FSGB
|
$94.82K |
|
Republic Digital Acquisition Company Unit
NASDAQ:RDAGU
|
$94.86K |
|
MAROC TELECOM
MU:MSPA
|
$94.88K |
|
Invesco Municipal Opportunity Trust
NYSE:VMO
|
$94.89K |
|
Dongbu Securities Co. Ltd.
KQ:016610
|
$94.72K |
|
Middle & West Delta Flour Mills
EGX:WCDF
|
$94.66K |
|
CHOICE PROPERTIES REIT
F:6HC
|
$94.65K |
|
SPIFFBET AB
F:2AK
|
$94.64K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cerinnov Group SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,788,000 to 968,000, a change of -2,820,000 (-74.4%).
- Net loss of 3,375,000 reduced equity.
- Share repurchases of 573,000 reduced equity.
- Other comprehensive income increased equity by 8,641,000.
- Other factors decreased equity by 7,513,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.38 Million | -348.66% |
| Share Repurchases | €573.00K | -59.19% |
| Other Comprehensive Income | €8.64 Million | +892.67% |
| Other Changes | €-7.51 Million | -776.14% |
| Total Change | €- | -74.45% |
Book Value vs Market Value Analysis
This analysis compares Cerinnov Group 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: 0.13x
- 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 decreased from 0.38x to 0.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €0.07 | €0.03 | x |
| 2015-12-31 | €2.38 | €0.03 | x |
| 2016-12-31 | €3.29 | €0.03 | x |
| 2017-12-31 | €3.06 | €0.03 | x |
| 2018-12-31 | €2.83 | €0.03 | x |
| 2019-12-31 | €2.12 | €0.03 | x |
| 2020-12-31 | €1.15 | €0.03 | x |
| 2021-12-31 | €0.84 | €0.03 | x |
| 2022-12-31 | €0.76 | €0.03 | x |
| 2023-12-31 | €0.84 | €0.03 | x |
| 2024-12-31 | €0.21 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cerinnov Group 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): -348.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -27.19%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 15.22x
- Recent ROE (-348.66%) is below the historical average (-65.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -286.79% | -5.02% | 1.13x | 50.62x | €-471.90K |
| 2015 | 80.78% | 6.53% | 0.96x | 12.85x | €578.30K |
| 2016 | 12.75% | 7.69% | 0.84x | 1.96x | €312.30K |
| 2017 | -11.78% | -8.49% | 0.72x | 1.92x | €-2.34 Million |
| 2018 | -9.18% | -4.78% | 0.73x | 2.61x | €-1.96 Million |
| 2019 | -24.74% | -16.06% | 0.55x | 2.78x | €-3.20 Million |
| 2020 | -84.50% | -57.75% | 0.35x | 4.15x | €-4.72 Million |
| 2021 | -40.55% | -15.03% | 0.53x | 5.05x | €-1.91 Million |
| 2022 | -11.05% | -2.58% | 0.69x | 6.20x | €-716.20K |
| 2023 | 3.01% | 0.76% | 0.84x | 4.72x | €-264.80K |
| 2024 | -348.66% | -27.19% | 0.84x | 15.22x | €-3.47 Million |
Industry Comparison
This section compares Cerinnov Group SA's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $34,016,119
- Average return on equity (ROE) among peers: -7.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cerinnov Group SA (ALPCV) | €968.00K | -286.79% | 14.22x | $94.81K |
| 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 |
| Enertime SAS (ALENE) | $-1.70 Million | 0.00% | 0.00x | $1.70 Million |
| 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 |
| 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 |