WeConnect
We.Connect SA designs, manufactures, assembles, and distributes hardware and computers, and peripheral and electronic equipment in France. Its products include computers; monitors; multimedia products; storage products, including internal and external hard, SSD, and multimedia hard drives, as well as Wi-Fi storage devices. The company's products also consist of PC accessories, such as mouse, keyb… Read more
WeConnect (ALWEC) - Net Assets
Latest net assets as of June 2025: €65.71 Million EUR
Based on the latest financial reports, WeConnect (ALWEC) has net assets worth €65.71 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€209.95 Million) and total liabilities (€144.24 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 | €65.71 Million |
| % of Total Assets | 31.3% |
| Annual Growth Rate | 12.92% |
| 5-Year Change | 106.09% |
| 10-Year Change | 407.11% |
| Growth Volatility | 34.4 |
WeConnect - Net Assets Trend (2003–2024)
This chart illustrates how WeConnect's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WeConnect (2003–2024)
The table below shows the annual net assets of WeConnect from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €61.04 Million | +19.30% |
| 2023-12-31 | €51.16 Million | +19.50% |
| 2022-12-31 | €42.82 Million | +18.52% |
| 2021-12-31 | €36.13 Million | +21.98% |
| 2020-12-31 | €29.62 Million | +16.92% |
| 2019-12-31 | €25.33 Million | +10.57% |
| 2018-12-31 | €22.91 Million | +17.26% |
| 2017-12-31 | €19.54 Million | +25.96% |
| 2016-12-31 | €15.51 Million | +28.86% |
| 2015-12-31 | €12.04 Million | +78544.18% |
| 2014-12-31 | €-15.34K | -100.40% |
| 2013-12-31 | €3.85 Million | -6.36% |
| 2012-12-31 | €4.11 Million | -25.16% |
| 2011-12-31 | €5.49 Million | -13.00% |
| 2010-12-31 | €6.31 Million | -12.76% |
| 2009-12-31 | €7.23 Million | -19.77% |
| 2008-12-31 | €9.01 Million | -16.12% |
| 2007-12-31 | €10.74 Million | +0.23% |
| 2006-12-31 | €10.72 Million | +10.17% |
| 2005-12-31 | €9.73 Million | +91.91% |
| 2004-12-31 | €5.07 Million | +6.67% |
| 2003-12-31 | €4.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WeConnect'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 4248950000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €42.49 Million | 69.61% |
| Common Stock | €15.42 Million | 25.26% |
| Other Comprehensive Income | €42.49 Million | 69.61% |
| Total Equity | €61.04 Million | 100.00% |
WeConnect Competitors by Market Cap
The table below lists competitors of WeConnect ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compumedics Ltd
AU:CMP
|
$13.08 Million |
|
Sanifoam Sunger Sanayi ve Ticaret AS
IS:SANFM
|
$13.08 Million |
|
Nanalysis Scientific Corp
OTCQX:NSCIF
|
$13.09 Million |
|
Jentayu Sustainables Bhd
KLSE:5673
|
$13.09 Million |
|
I Yuan Precision Ind Co Ltd
TWO:2235
|
$13.08 Million |
|
355690
KQ:355690
|
$13.08 Million |
|
Kaanapali Land LLC
PINK:KANP
|
$13.06 Million |
|
Trust Stamp Inc
NASDAQ:IDAI
|
$13.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WeConnect's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,162,148 to 61,038,220, a change of 9,876,072 (19.3%).
- Net income of 7,710,864 contributed positively to equity growth.
- Dividend payments of 1,111,077 reduced retained earnings.
- Share repurchases of 282 reduced equity.
- New share issuances of 3,080,971 increased equity.
- Other comprehensive income increased equity by 6,795,101.
- Other factors decreased equity by 6,599,505.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.71 Million | +12.63% |
| Dividends Paid | €1.11 Million | -1.82% |
| Share Repurchases | €282.00 | -0.0% |
| Share Issuances | €3.08 Million | +5.05% |
| Other Comprehensive Income | €6.80 Million | +11.13% |
| Other Changes | €-6.60 Million | -10.81% |
| Total Change | €- | 19.30% |
Book Value vs Market Value Analysis
This analysis compares WeConnect'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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.03x to 1.06x 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 | €814.45 | €22.00 | x |
| 2008-12-31 | €790.48 | €22.00 | x |
| 2009-12-31 | €634.19 | €22.00 | x |
| 2010-12-31 | €553.24 | €22.00 | x |
| 2011-12-31 | €481.32 | €22.00 | x |
| 2012-12-31 | €358.00 | €22.00 | x |
| 2013-12-31 | €337.31 | €22.00 | x |
| 2014-12-31 | €-1.35 | €22.00 | x |
| 2015-12-31 | €4.51 | €22.00 | x |
| 2016-12-31 | €5.69 | €22.00 | x |
| 2017-12-31 | €7.16 | €22.00 | x |
| 2018-12-31 | €8.39 | €22.00 | x |
| 2019-12-31 | €9.26 | €22.00 | x |
| 2020-12-31 | €10.79 | €22.00 | x |
| 2021-12-31 | €13.12 | €22.00 | x |
| 2022-12-31 | €15.49 | €22.00 | x |
| 2023-12-31 | €18.63 | €22.00 | x |
| 2024-12-31 | €20.70 | €22.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WeConnect 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): 12.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.57%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 3.62x
- Recent ROE (12.63%) is above the historical average (4.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 6.25% | 0.88% | 1.66x | 4.29x | €-190.00K |
| 2005 | 2.88% | 0.30% | 3.78x | 2.57x | €-693.00K |
| 2006 | 9.23% | 1.64% | 2.21x | 2.55x | €-83.00K |
| 2007 | 5.78% | 0.90% | 2.36x | 2.73x | €-453.50K |
| 2008 | -13.89% | -2.22% | 2.06x | 3.03x | €-2.15 Million |
| 2009 | -24.64% | -3.74% | 2.71x | 2.43x | €-2.51 Million |
| 2010 | -14.63% | -2.34% | 2.50x | 2.50x | €-1.55 Million |
| 2011 | -14.92% | -2.19% | 3.20x | 2.13x | €-1.37 Million |
| 2012 | -33.60% | -4.94% | 2.48x | 2.74x | €-1.79 Million |
| 2013 | -6.79% | -0.90% | 2.01x | 3.75x | €-645.60K |
| 2014 | 0.00% | -9.16% | 348.75x | 0.00x | €-5.11 Million |
| 2015 | 23.79% | 4.28% | 1.54x | 3.61x | €1.65 Million |
| 2016 | 22.16% | 4.55% | 1.53x | 3.18x | €1.89 Million |
| 2017 | 23.75% | 4.95% | 1.25x | 3.84x | €2.69 Million |
| 2018 | 18.94% | 3.56% | 1.34x | 3.97x | €2.05 Million |
| 2019 | 9.26% | 1.52% | 1.38x | 4.43x | €-187.31K |
| 2020 | 17.37% | 2.44% | 1.57x | 4.53x | €2.18 Million |
| 2021 | 17.58% | 2.93% | 1.61x | 3.74x | €2.74 Million |
| 2022 | 18.40% | 3.32% | 1.50x | 3.68x | €3.60 Million |
| 2023 | 18.66% | 3.62% | 1.66x | 3.10x | €4.43 Million |
| 2024 | 12.63% | 2.57% | 1.36x | 3.62x | €1.61 Million |
Industry Comparison
This section compares WeConnect's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $29,810,881
- Average return on equity (ROE) among peers: -407.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WeConnect (ALWEC) | €65.71 Million | 6.25% | 2.20x | $13.08 Million |
| Boostheat (ALBOO) | $117.00K | 0.00% | 32.06x | $81.90K |
| Cabasse S.A. (ALCAB) | $339.40K | -65.66% | 30.33x | $2.76K |
| Archos (ALJXR) | $13.89 Million | -32.46% | 1.79x | $87.06K |
| VEOM Group S.A. (ALVG) | $105.00K | -1947.62% | 245.07x | $290.12K |
| BigBen Interactive (BIG) | $134.60 Million | 6.64% | 0.66x | $3.75 Million |