Witbe Net SA (ALWIT) - Net Assets
Based on the latest financial reports, Witbe Net SA (ALWIT) has net assets worth €3.48 Million EUR (≈ $4.07 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 (€19.91 Million ≈ $23.28 Million USD) and total liabilities (€16.43 Million ≈ $19.21 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 ALWIT asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.48 Million |
| % of Total Assets | 17.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | 44.51% |
| 10-Year Change | 135.09% |
| Growth Volatility | 127.59 |
Witbe Net SA - Net Assets Trend (2013–2024)
This chart illustrates how Witbe Net SA's net assets have evolved over time, based on quarterly financial data. Also explore Witbe Net SA asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Witbe Net SA (2013–2024)
The table below shows the annual net assets of Witbe Net SA from 2013 to 2024. For live valuation and market cap data, see Witbe Net SA market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.08 Million ≈ $5.94 Million |
-23.14% |
| 2023-12-31 | €6.61 Million ≈ $7.72 Million |
-8.92% |
| 2022-12-31 | €7.25 Million ≈ $8.48 Million |
+20.00% |
| 2021-12-31 | €6.04 Million ≈ $7.07 Million |
+72.03% |
| 2020-12-31 | €3.51 Million ≈ $4.11 Million |
-38.33% |
| 2019-12-31 | €5.70 Million ≈ $6.66 Million |
+9.53% |
| 2018-12-31 | €5.20 Million ≈ $6.08 Million |
-14.87% |
| 2017-12-31 | €6.11 Million ≈ $7.14 Million |
-37.37% |
| 2016-12-31 | €9.76 Million ≈ $11.41 Million |
+351.71% |
| 2015-12-31 | €2.16 Million ≈ $2.53 Million |
+252.37% |
| 2014-12-31 | €613.00K ≈ $716.66K |
+148.27% |
| 2013-12-31 | €-1.27 Million ≈ $-1.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Witbe Net 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 20600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €2.18 Million | 42.99% |
| Other Components | €7.04 Million | 138.66% |
| Total Equity | €5.08 Million | 100.00% |
Witbe Net SA Competitors by Market Cap
The table below lists competitors of Witbe Net SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boutique Newcity Public Company Limited
BK:BTNC
|
$5.80 Million |
|
Akbar Indomakmur Stimec Tbk
JK:AIMS
|
$5.80 Million |
|
FIREFOX GOLD CORP.
F:FIY
|
$5.80 Million |
|
Sungshin Cement Co Ltd
KO:004985
|
$5.81 Million |
|
Nextage Therapeutics Ltd
TA:NXTG
|
$5.79 Million |
|
BioLight Life Sciences Ltd
TA:BOLT
|
$5.79 Million |
|
Kelso Technologies Inc
TO:KLS
|
$5.79 Million |
|
Blue Coast Hotels Limited
NSE:BLUECOAST
|
$5.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Witbe Net SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,607,000 to 5,078,000, a change of -1,529,000 (-23.1%).
- Net loss of 1,127,000 reduced equity.
- Share repurchases of 12,000 reduced equity.
- New share issuances of 12,000 increased equity.
- Other comprehensive income increased equity by 2,228,999.
- Other factors decreased equity by 2,630,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.13 Million | -22.19% |
| Share Repurchases | €12.00K | -0.24% |
| Share Issuances | €12.00K | +0.24% |
| Other Comprehensive Income | €2.23 Million | +43.9% |
| Other Changes | €-2.63 Million | -51.81% |
| Total Change | €- | -23.14% |
Book Value vs Market Value Analysis
This analysis compares Witbe Net 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: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.17x to 1.69x 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 | €0.19 | €2.08 | x |
| 2015-12-31 | €0.66 | €2.08 | x |
| 2016-12-31 | €2.55 | €2.08 | x |
| 2017-12-31 | €1.49 | €2.08 | x |
| 2018-12-31 | €1.28 | €2.08 | x |
| 2019-12-31 | €1.39 | €2.08 | x |
| 2020-12-31 | €0.86 | €2.08 | x |
| 2021-12-31 | €1.48 | €2.08 | x |
| 2022-12-31 | €1.77 | €2.08 | x |
| 2023-12-31 | €1.61 | €2.08 | x |
| 2024-12-31 | €1.23 | €2.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Witbe Net 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): -22.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.07%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 4.01x
- Recent ROE (-22.19%) is below the historical average (26.17%), 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 | 354.81% | 14.08% | 1.49x | 16.95x | €2.11 Million |
| 2015 | 82.78% | 11.77% | 1.24x | 5.67x | €1.57 Million |
| 2016 | 0.73% | 0.45% | 0.77x | 2.10x | €-904.70K |
| 2017 | -67.16% | -25.28% | 0.75x | 3.53x | €-4.72 Million |
| 2018 | -14.55% | -3.97% | 0.90x | 4.07x | €-1.28 Million |
| 2019 | 11.64% | 3.48% | 0.88x | 3.79x | €93.20K |
| 2020 | -80.28% | -19.62% | 0.70x | 5.84x | €-3.17 Million |
| 2021 | 34.97% | 11.05% | 0.72x | 4.37x | €1.51 Million |
| 2022 | 10.38% | 2.89% | 1.10x | 3.27x | €27.60K |
| 2023 | -23.28% | -6.63% | 1.05x | 3.33x | €-2.20 Million |
| 2024 | -22.19% | -5.07% | 1.09x | 4.01x | €-1.63 Million |
Industry Comparison
This section compares Witbe Net SA's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $12,750,625
- Average return on equity (ROE) among peers: -3.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Witbe Net SA (ALWIT) | €3.48 Million | 354.81% | 4.72x | $5.79 Million |
| DNXcorp (ALDNX) | $16.34 Million | 10.43% | 0.66x | $24.84 Million |
| Entreparticuli (ALENT) | $4.68 Million | 12.15% | 1.07x | $3.59 Million |
| Llama Group S.A. (ALLAM) | $16.63 Million | -38.27% | 2.23x | $5.30 Million |
| Artmarket.com SA (PRC) | $13.35 Million | 0.65% | 0.12x | $20.55 Million |
About Witbe Net SA
Witbe S.A. provides digital services in France, Europe, the Middle East, Africa, Asia, the United States, and internationally. The company offers Witbe Suite software, including Remote Eye Controller for testing devices that is a lot less landlocked; Smartgate for analyzing data; and Workbench for programing scenarios. It also offers WitboxOne, a streaming video testing and monitoring device; Wit… Read more