artnet AG
Artnet AG, through its subsidiary, operates as an online resource of art in the United States, Germany, and internationally. It operates through three segments: Data, Marketplace, and Media. The Data segment offers Price Database Fine Art and Design and the Price Database Decorative Art; market alerts; and analytics reports. The Marketplace segment includes Artnet Auctions, ArtNFT, and the Galler… Read more
artnet AG (ARTZF) - Net Assets
Latest net assets as of June 2025: $1.99 Million USD
Based on the latest financial reports, artnet AG (ARTZF) has net assets worth $1.99 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 ($12.16 Million) and total liabilities ($10.17 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 | $1.99 Million |
| % of Total Assets | 16.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | -32.29% |
| 10-Year Change | 389.59% |
| Growth Volatility | 973.03 |
artnet AG - Net Assets Trend (2002–2024)
This chart illustrates how artnet AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for artnet AG (2002–2024)
The table below shows the annual net assets of artnet AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.27 Million | -24.59% |
| 2023-12-31 | $4.33 Million | -9.95% |
| 2022-12-31 | $4.81 Million | +9.21% |
| 2021-12-31 | $4.40 Million | -8.69% |
| 2020-12-31 | $4.82 Million | +50.96% |
| 2019-12-31 | $3.19 Million | +8.56% |
| 2018-12-31 | $2.94 Million | +73.54% |
| 2017-12-31 | $1.70 Million | +15.41% |
| 2016-12-31 | $1.47 Million | +120.30% |
| 2015-12-31 | $666.93K | +398.61% |
| 2014-12-31 | $-223.34K | -110.09% |
| 2013-12-31 | $2.21 Million | -6.52% |
| 2012-12-31 | $2.37 Million | -50.16% |
| 2011-12-31 | $4.75 Million | +10.15% |
| 2010-12-31 | $4.31 Million | +17.73% |
| 2009-12-31 | $3.66 Million | -12.73% |
| 2008-12-31 | $4.20 Million | -4.53% |
| 2007-12-31 | $4.40 Million | +4135.32% |
| 2005-12-31 | $103.86K | +109.83% |
| 2004-12-31 | $-1.06 Million | -35.50% |
| 2003-12-31 | $-779.62K | +7.06% |
| 2002-12-31 | $-838.82K | -- |
Equity Component Analysis
This analysis shows how different components contribute to artnet AG'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 277837600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.71 Million | 174.75% |
| Other Comprehensive Income | $52.45 Million | 1606.27% |
| Total Equity | $3.27 Million | 100.00% |
artnet AG Competitors by Market Cap
The table below lists competitors of artnet AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daewon Co. Ltd
KQ:007680
|
$8.91 Million |
|
Kerjaya Prospek Property Bhd
KLSE:7077
|
$8.92 Million |
|
Neungyule Education Inc
KQ:053290
|
$8.92 Million |
|
Kuobrothers
TWO:8477
|
$8.92 Million |
|
JCBNext Berhad Bhd
KLSE:0058
|
$8.91 Million |
|
Chromocell Therapeutics Corporation
NYSE MKT:CHRO
|
$8.90 Million |
|
Taiwan Advanced Nanotech Inc.
TWO:6797
|
$8.90 Million |
|
Cosmos Health Inc.
NASDAQ:COSM
|
$8.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in artnet AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,329,787 to 3,265,195, a change of -1,064,592 (-24.6%).
- Net loss of 1,396,391 reduced equity.
- Other comprehensive income increased equity by 51,855,561.
- Other factors decreased equity by 51,523,762.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.40 Million | -42.77% |
| Other Comprehensive Income | $51.86 Million | +1588.13% |
| Other Changes | $-51.52 Million | -1577.97% |
| Total Change | $- | -24.59% |
Book Value vs Market Value Analysis
This analysis compares artnet AG'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: 12.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $-0.15 | $7.25 | x |
| 2003-12-31 | $-0.14 | $7.25 | x |
| 2004-12-31 | $-0.19 | $7.25 | x |
| 2005-12-31 | $0.02 | $7.25 | x |
| 2006-12-31 | $0.44 | $7.25 | x |
| 2007-12-31 | $0.77 | $7.25 | x |
| 2008-12-31 | $0.74 | $7.25 | x |
| 2009-12-31 | $0.66 | $7.25 | x |
| 2010-12-31 | $0.78 | $7.25 | x |
| 2011-12-31 | $0.86 | $7.25 | x |
| 2012-12-31 | $0.43 | $7.25 | x |
| 2013-12-31 | $0.40 | $7.25 | x |
| 2014-12-31 | $-0.04 | $7.25 | x |
| 2015-12-31 | $0.12 | $7.25 | x |
| 2016-12-31 | $0.26 | $7.25 | x |
| 2017-12-31 | $0.30 | $7.25 | x |
| 2018-12-31 | $0.53 | $7.25 | x |
| 2019-12-31 | $0.58 | $7.25 | x |
| 2020-12-31 | $0.87 | $7.25 | x |
| 2021-12-31 | $0.78 | $7.25 | x |
| 2022-12-31 | $0.85 | $7.25 | x |
| 2023-12-31 | $0.76 | $7.25 | x |
| 2024-12-31 | $0.57 | $7.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently artnet AG 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): -42.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.28%
- • Asset Turnover: 1.71x
- • Equity Multiplier: 3.99x
- Recent ROE (-42.77%) is below the historical average (55.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -12.75% | 2.03x | 0.00x | $-595.12K |
| 2003 | 0.00% | -13.38% | 3.50x | 0.00x | $-586.04K |
| 2004 | 0.00% | -10.38% | 3.88x | 0.00x | $-420.36K |
| 2005 | 1108.21% | 17.68% | 2.88x | 21.80x | $1.14 Million |
| 2007 | 51.22% | 20.48% | 1.59x | 1.57x | $1.81 Million |
| 2008 | -11.67% | -3.98% | 1.61x | 1.82x | $-909.96K |
| 2009 | -12.74% | -3.82% | 1.86x | 1.79x | $-833.48K |
| 2010 | 3.54% | 1.12% | 1.92x | 1.65x | $-278.55K |
| 2011 | 5.77% | 2.06% | 1.79x | 1.56x | $-200.98K |
| 2012 | -102.47% | -17.99% | 2.24x | 2.54x | $-2.66 Million |
| 2013 | 1.83% | 0.31% | 2.15x | 2.73x | $-180.93K |
| 2014 | 0.00% | -21.91% | 3.01x | 0.00x | $-3.02 Million |
| 2015 | 95.80% | 3.70% | 3.47x | 7.47x | $572.26K |
| 2016 | 43.10% | 3.64% | 3.15x | 3.76x | $486.28K |
| 2017 | 41.01% | 3.77% | 3.20x | 3.39x | $525.78K |
| 2018 | 35.48% | 5.70% | 2.41x | 2.58x | $749.74K |
| 2019 | -0.02% | 0.00% | 1.65x | 3.70x | $-320.07K |
| 2020 | 39.90% | 10.16% | 1.74x | 2.26x | $1.44 Million |
| 2021 | -18.08% | -3.81% | 1.93x | 2.46x | $-1.24 Million |
| 2022 | 2.51% | 0.48% | 1.73x | 3.00x | $-360.31K |
| 2023 | -23.19% | -4.30% | 1.85x | 2.91x | $-1.44 Million |
| 2024 | -42.77% | -6.28% | 1.71x | 3.99x | $-1.72 Million |
Industry Comparison
This section compares artnet AG's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $70,311,321,631
- Average return on equity (ROE) among peers: -621.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| artnet AG (ARTZF) | $1.99 Million | 0.00% | 5.11x | $8.91 Million |
| Antiaging Quantum Living Inc. (AAQL) | $60.47K | -97.75% | 1.17x | $206.17K |
| Design Milk Co Limited (AHAHF) | $6.95 Million | 0.00% | 0.05x | $116.11 Million |
| Allegro.eu SA (ALEGF) | $8.09 Billion | 5.18% | 0.87x | $5.26 Billion |
| Winamp Group SA (ALPET) | $935.38K | -109.07% | 1.55x | $44.57K |
| Amazon.com Inc (AMZN) | $7.76 Billion | 8.13% | 2.26x | $2.10 Trillion |
| Waitr Holdings Inc (ASAPQ) | $5.40 Million | -5391.56% | 32.12x | $135.00 |
| ASOS Plc (ASOMF) | $866.70 Million | -25.74% | 2.03x | $125.44 Million |
| Alibaba Group Holding Ltd (BABA) | $615.40 Billion | 14.28% | 0.57x | $371.78 Billion |
| Bluestem Group Inc (BGRP) | $673.25 Million | 2.11% | 1.46x | $94.73 |