Glass To Power SpA
Glass To Power S.P.A. produces and sells transparent photovoltaic insulating glass solutions. The company was founded in 2016 and is headquartered in Rovereto, Italy.
Glass To Power SpA (MLGLB) - Net Assets
Latest net assets as of June 2024: €727.80K EUR
Based on the latest financial reports, Glass To Power SpA (MLGLB) has net assets worth €727.80K EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.85 Million) and total liabilities (€1.12 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 | €727.80K |
| % of Total Assets | 39.38% |
| Annual Growth Rate | -41.06% |
| 5-Year Change | -90.1% |
| 10-Year Change | N/A |
| Growth Volatility | 62.39 |
Glass To Power SpA - Net Assets Trend (2019–2024)
This chart illustrates how Glass To Power SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Glass To Power SpA (2019–2024)
The table below shows the annual net assets of Glass To Power SpA from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €242.89K | +25.11% |
| 2023-12-31 | €194.15K | +90.23% |
| 2022-12-31 | €102.06K | -96.66% |
| 2021-12-31 | €3.05 Million | +24.41% |
| 2020-12-31 | €2.45 Million | -28.23% |
| 2019-12-31 | €3.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glass To Power SpA'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 51378400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €48.74K | 20.07% |
| Other Components | €194.15K | 79.93% |
| Total Equity | €242.89K | 100.00% |
Glass To Power SpA Competitors by Market Cap
The table below lists competitors of Glass To Power SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LOFT11B
SA:LOFT11B
|
$46.11K |
|
ETHA39
SA:ETHA39
|
$46.16K |
|
CONVISUAL
BE:C1V
|
$46.19K |
|
Rubean AG
F:R1B
|
$46.21K |
|
ENNAKL
BC:ENNAKL
|
$45.97K |
|
OUTOKUMPU (OUTA.SG)
STU:OUTA
|
$45.94K |
|
Mojave Brands Inc
PINK:HHPHF
|
$45.90K |
|
INSURANCE AUST GRP
BE:NRM
|
$45.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glass To Power SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 194,149 to 242,893, a change of 48,744 (25.1%).
- Net income of 48,742 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €48.74K | +20.07% |
| Other Changes | €2.00 | +0.0% |
| Total Change | €- | 25.11% |
Book Value vs Market Value Analysis
This analysis compares Glass To Power SpA'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: 0.65x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €8.30 | €4.80 | x |
| 2020-12-31 | €5.96 | €4.80 | x |
| 2021-12-31 | €7.41 | €4.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glass To Power SpA 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): 20.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 232.51%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 6.17x
- Recent ROE (20.07%) is above the historical average (-521.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -8.11% | -40.53% | 0.15x | 1.29x | €-619.17K |
| 2020 | -42.15% | -5604.24% | 0.00x | 1.80x | €-1.28 Million |
| 2021 | -52.99% | -2952.10% | 0.01x | 1.61x | €-1.92 Million |
| 2022 | -2892.12% | -12815.63% | 0.01x | 18.17x | €-2.96 Million |
| 2023 | -156.39% | -984.30% | 0.02x | 9.86x | €-323.04K |
| 2024 | 20.07% | 232.51% | 0.01x | 6.17x | €24.45K |
Industry Comparison
This section compares Glass To Power SpA's net assets metrics with peer companies in the Solar industry.
No peer company data available for comparison.