Bassac (BASS) - Net Assets
Based on the latest financial reports, Bassac (BASS) has net assets worth €835.19 Million EUR (≈ $976.42 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 (€2.30 Billion ≈ $2.69 Billion USD) and total liabilities (€1.46 Billion ≈ $1.71 Billion 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 Bassac asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €835.19 Million |
| % of Total Assets | 36.35% |
| Annual Growth Rate | 10.3% |
| 5-Year Change | 44.12% |
| 10-Year Change | 183.23% |
| Growth Volatility | 5.91 |
Bassac - Net Assets Trend (2008–2024)
This chart illustrates how Bassac's net assets have evolved over time, based on quarterly financial data. Also explore Bassac asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Bassac (2008–2024)
The table below shows the annual net assets of Bassac from 2008 to 2024. For live valuation and market cap data, see Bassac stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €826.56 Million ≈ $966.34 Million |
+7.39% |
| 2023-12-31 | €769.65 Million ≈ $899.80 Million |
+1.58% |
| 2022-12-31 | €757.70 Million ≈ $885.83 Million |
+8.84% |
| 2021-12-31 | €696.18 Million ≈ $813.91 Million |
+21.38% |
| 2020-12-31 | €573.54 Million ≈ $670.53 Million |
+12.54% |
| 2019-12-31 | €509.64 Million ≈ $595.82 Million |
+14.58% |
| 2018-12-31 | €444.79 Million ≈ $520.01 Million |
+15.11% |
| 2017-12-31 | €386.41 Million ≈ $451.75 Million |
+15.59% |
| 2016-12-31 | €334.29 Million ≈ $390.81 Million |
+14.55% |
| 2015-12-31 | €291.84 Million ≈ $341.19 Million |
+4.61% |
| 2014-12-31 | €278.97 Million ≈ $326.15 Million |
+8.65% |
| 2013-12-31 | €256.76 Million ≈ $300.18 Million |
+20.53% |
| 2012-12-31 | €213.02 Million ≈ $249.04 Million |
+2.28% |
| 2011-12-31 | €208.27 Million ≈ $243.48 Million |
+6.08% |
| 2010-12-31 | €196.34 Million ≈ $229.54 Million |
+4.41% |
| 2009-12-31 | €188.04 Million ≈ $219.84 Million |
+9.14% |
| 2008-12-31 | €172.28 Million ≈ $201.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bassac'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 12767300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €82.13 Million | 10.04% |
| Common Stock | €16.63 Million | 2.03% |
| Other Comprehensive Income | €621.79 Million | 76.01% |
| Other Components | €97.47 Million | 11.92% |
| Total Equity | €818.03 Million | 100.00% |
Bassac Competitors by Market Cap
The table below lists competitors of Bassac ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Xinneng Taishan Power Generation Co Ltd
SHE:000720
|
$834.77 Million |
|
Beijing Electronic Zone Investment and Development Group Co Ltd
SHG:600658
|
$834.79 Million |
|
D-MARKET E.S.+T.SP.ADR/1B
F:8WZ
|
$834.81 Million |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427
|
$834.92 Million |
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
$834.54 Million |
|
Precision Wires India Limited
NSE:PRECWIRE
|
$834.39 Million |
|
INMODE LTD IS -01
F:154
|
$834.35 Million |
|
Aebi Schmidt Holding AG - Common Stock
NASDAQ:AEBI
|
$833.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bassac's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 763,340,000 to 818,034,000, a change of 54,694,000 (7.2%).
- Net income of 82,133,000 contributed positively to equity growth.
- Dividend payments of 24,585,000 reduced retained earnings.
- Other comprehensive income increased equity by 37,383,000.
- Other factors decreased equity by 40,237,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €82.13 Million | +10.04% |
| Dividends Paid | €24.59 Million | -3.01% |
| Other Comprehensive Income | €37.38 Million | +4.57% |
| Other Changes | €-40.24 Million | -4.92% |
| Total Change | €- | 7.17% |
Book Value vs Market Value Analysis
This analysis compares Bassac'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: 0.93x
- 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 3.69x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €12.35 | €45.60 | x |
| 2009-12-31 | €12.80 | €45.60 | x |
| 2010-12-31 | €13.44 | €45.60 | x |
| 2011-12-31 | €14.03 | €45.60 | x |
| 2012-12-31 | €14.65 | €45.60 | x |
| 2013-12-31 | €16.34 | €45.60 | x |
| 2014-12-31 | €17.04 | €45.60 | x |
| 2015-12-31 | €17.97 | €45.60 | x |
| 2016-12-31 | €20.50 | €45.60 | x |
| 2017-12-31 | €23.76 | €45.60 | x |
| 2018-12-31 | €27.40 | €45.60 | x |
| 2019-12-31 | €31.39 | €45.60 | x |
| 2020-12-31 | €35.31 | €45.60 | x |
| 2021-12-31 | €42.87 | €45.60 | x |
| 2022-12-31 | €46.66 | €45.60 | x |
| 2023-12-31 | €46.93 | €45.60 | x |
| 2024-12-31 | €49.20 | €45.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bassac 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): 10.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.85%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.75x
- Recent ROE (10.04%) is below the historical average (11.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -25.72% | -8.53% | 0.72x | 4.20x | €-61.69 Million |
| 2009 | 5.41% | 1.53% | 0.91x | 3.88x | €-8.45 Million |
| 2010 | 8.21% | 2.96% | 0.93x | 2.99x | €-3.49 Million |
| 2011 | 7.50% | 2.91% | 0.82x | 3.15x | €-5.08 Million |
| 2012 | 9.24% | 3.48% | 0.84x | 3.16x | €-1.65 Million |
| 2013 | 11.03% | 4.64% | 0.89x | 2.68x | €2.62 Million |
| 2014 | 10.60% | 6.16% | 0.69x | 2.50x | €1.64 Million |
| 2015 | 13.57% | 7.73% | 0.65x | 2.72x | €10.28 Million |
| 2016 | 14.44% | 7.18% | 0.69x | 2.93x | €14.61 Million |
| 2017 | 20.37% | 9.20% | 0.76x | 2.93x | €39.53 Million |
| 2018 | 22.43% | 11.71% | 0.70x | 2.74x | €54.63 Million |
| 2019 | 17.47% | 9.30% | 0.78x | 2.40x | €37.57 Million |
| 2020 | 17.63% | 10.13% | 0.78x | 2.23x | €43.24 Million |
| 2021 | 23.04% | 13.10% | 0.74x | 2.38x | €89.72 Million |
| 2022 | 13.67% | 7.89% | 0.61x | 2.83x | €27.47 Million |
| 2023 | 8.49% | 5.00% | 0.58x | 2.94x | €-11.51 Million |
| 2024 | 10.04% | 5.85% | 0.62x | 2.75x | €329.60K |
Industry Comparison
This section compares Bassac's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $233,588,611
- Average return on equity (ROE) among peers: 10.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bassac (BASS) | €835.19 Million | -25.72% | 1.75x | $834.62 Million |
| Capelli SA (ALCAP) | $70.37 Million | 9.44% | 5.20x | $6.75 Million |
| Realites (ALREA) | $180.76 Million | 1.51% | 4.72x | $2.18 Million |
| Altareit (AREIT) | $682.70 Million | -9.81% | 3.91x | $1.04 Billion |
| Les Constructeurs Du Bois SA (MLLCB) | $516.45K | 42.70% | 2.29x | $12.34 Million |
About Bassac
BASSAC Société anonyme operates as a real estate development company primarily in France, Belgium, Germany, and Spain. The company offers new housing and commercial real estate, as well as prefabricated garages. BASSAC Société anonyme was incorporated in 1972 and is headquartered in Boulogne-Billancourt, France. BASSAC Société anonyme is a subsidiary of Premier Investissement SAS.