Cnova NV (CNV) - Net Assets
Based on the latest financial reports, Cnova NV (CNV) has net assets worth €-603.19 Million EUR (≈ $-705.20 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€672.12 Million ≈ $785.78 Million USD) and total liabilities (€1.28 Billion ≈ $1.49 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 how resilient are Cnova NV's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-603.19 Million |
| % of Total Assets | -89.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -517.15% |
| Growth Volatility | 431.07 |
Cnova NV - Net Assets Trend (2011–2024)
This chart illustrates how Cnova NV's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Cnova NV for the complete picture of this company's asset base.
Annual Net Assets for Cnova NV (2011–2024)
The table below shows the annual net assets of Cnova NV from 2011 to 2024. For live valuation and market cap data, see Cnova NV market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-603.19 Million ≈ $-705.20 Million |
-19.07% |
| 2023-12-31 | €-506.60 Million ≈ $-592.27 Million |
-34.69% |
| 2022-12-31 | €-376.11 Million ≈ $-439.72 Million |
-50.69% |
| 2021-12-31 | €-249.59 Million ≈ $-291.80 Million |
-22.93% |
| 2020-12-31 | €-203.04 Million ≈ $-237.38 Million |
-10.89% |
| 2019-12-31 | €-183.10 Million ≈ $-214.07 Million |
-4.20% |
| 2018-12-31 | €-175.73 Million ≈ $-205.45 Million |
-44.57% |
| 2017-12-31 | €-121.55 Million ≈ $-142.10 Million |
-517.01% |
| 2016-12-31 | €-19.70 Million ≈ $-23.03 Million |
-113.62% |
| 2015-12-31 | €144.60 Million ≈ $169.05 Million |
-75.25% |
| 2014-12-31 | €584.29 Million ≈ $683.10 Million |
+23.49% |
| 2013-12-31 | €473.16 Million ≈ $553.17 Million |
-19.15% |
| 2012-12-31 | €585.26 Million ≈ $684.23 Million |
+1025.15% |
| 2011-12-31 | €52.02 Million ≈ $60.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cnova NV'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 103145300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €17.26 Million | % |
| Other Comprehensive Income | €-2.03 Million | % |
| Other Components | €448.65 Million | % |
| Total Equity | €-670.36 Million | 100.00% |
Cnova NV Competitors by Market Cap
The table below lists competitors of Cnova NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banimmo SA
BR:BANI
|
$32.17 Million |
|
A2Z Infra Engineering Limited
NSE:A2ZINFRA
|
$32.19 Million |
|
HY Electronic Cayman Ltd
TW:6573
|
$32.21 Million |
|
Garda Tujuh Buana Tbk
JK:GTBO
|
$32.23 Million |
|
Seojin Automotive Co.Ltd
KQ:122690
|
$32.17 Million |
|
Taiming Assurance Broker Co Ltd
TWO:5878
|
$32.17 Million |
|
Kincora Copper Ltd
V:KCC
|
$32.17 Million |
|
Maskapai Reasuransi Indonesia
JK:MREI
|
$32.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cnova NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -574,379,000 to -670,356,000, a change of -95,977,000.
- Net loss of 94,200,000 reduced equity.
- Other comprehensive income increased equity by 589,573,000.
- Other factors decreased equity by 591,350,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-94.20 Million | -14.05% |
| Other Comprehensive Income | €589.57 Million | +87.95% |
| Other Changes | €-591.35 Million | -88.21% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Cnova NV'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | €0.13 | €0.09 | x |
| 2012-12-31 | €1.37 | €0.09 | x |
| 2013-12-31 | €1.11 | €0.09 | x |
| 2014-12-31 | €1.39 | €0.09 | x |
| 2015-12-31 | €0.34 | €0.09 | x |
| 2016-12-31 | €-0.04 | €0.09 | x |
| 2017-12-31 | €-0.35 | €0.09 | x |
| 2018-12-31 | €-0.51 | €0.09 | x |
| 2019-12-31 | €-0.73 | €0.09 | x |
| 2020-12-31 | €-0.79 | €0.09 | x |
| 2021-12-31 | €-0.93 | €0.09 | x |
| 2022-12-31 | €-1.30 | €0.09 | x |
| 2023-12-31 | €-1.66 | €0.09 | x |
| 2024-12-31 | €-1.92 | €0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cnova NV 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.07%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-14.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -18.64% | -0.87% | 2.32x | 9.24x | €-14.82 Million |
| 2012 | -1.08% | -0.31% | 1.30x | 2.72x | €-62.60 Million |
| 2013 | -5.41% | -0.85% | 1.71x | 3.72x | €-70.15 Million |
| 2014 | -8.96% | -1.49% | 1.61x | 3.74x | €-109.59 Million |
| 2015 | -174.35% | -7.65% | 1.94x | 11.72x | €-276.71 Million |
| 2016 | 0.00% | 3.94% | 2.24x | 0.00x | €74.94 Million |
| 2017 | 0.00% | -4.71% | 2.32x | 0.00x | €-87.88 Million |
| 2018 | 0.00% | -1.42% | 2.18x | 0.00x | €-13.22 Million |
| 2019 | 0.00% | -2.98% | 1.70x | 0.00x | €-40.35 Million |
| 2020 | 0.00% | -0.70% | 1.65x | 0.00x | €11.61 Million |
| 2021 | 0.00% | -2.12% | 1.74x | 0.00x | €-13.90 Million |
| 2022 | 0.00% | -7.53% | 1.62x | 0.00x | €-83.23 Million |
| 2023 | 0.00% | -10.50% | 1.64x | 0.00x | €-68.16 Million |
| 2024 | 0.00% | -9.07% | 1.55x | 0.00x | €-27.16 Million |
Industry Comparison
This section compares Cnova NV's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $46,489,971
- Average return on equity (ROE) among peers: -1.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cnova NV (CNV) | €-603.19 Million | -18.64% | N/A | $32.17 Million |
| Spartoo SAS (ALSPT) | $29.58 Million | -7.89% | 2.01x | $4.53 Million |
| Kumulus Vape SA (ALVAP) | $241.69K | 20.16% | 0.51x | $10.52 Million |
| Vente Unique.com (ALVU) | $5.88 Million | 14.38% | 2.53x | $147.17 Million |
| Colipays Reunion SA (MLCLP) | $2.93K | -29.34% | 1.87x | $4.32 Million |
| SRP Groupe SA (SRP) | $196.74 Million | -2.95% | 1.27x | $83.87 Million |
About Cnova NV
Cnova N.V. operates as an e-commerce company in France and Western Europe. The company provides home appliances, consumer electronics, computers, home furnishings, and leisure and personal goods through its Cdiscount.com website. It also operates Cdiscount Advertising, a digital marketing solution; Octopia for turnkey marketplace solutions to retailers and e-merchants; C-Logistics; Peaksys; Balee… Read more