CDON AB
CDON AB operates online marketplace in Sweden and other Nordics region. The company's marketplace allows customers to select and compare prices of products from a range of Nordic e-retailers. It offers child and baby products, construction, books, animal accessories, party and celebration, film, vehicles and parts, business and industry, crafts and hobbies, accessories, home and garden, home elec… Read more
CDON AB (CDOAF) - Net Assets
Latest net assets as of June 2025: $533.50 Million USD
Based on the latest financial reports, CDON AB (CDOAF) has net assets worth $533.50 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 ($736.40 Million) and total liabilities ($202.90 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 | $533.50 Million |
| % of Total Assets | 72.45% |
| Annual Growth Rate | 75.3% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 616.92 |
CDON AB - Net Assets Trend (2020–2024)
This chart illustrates how CDON AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CDON AB (2020–2024)
The table below shows the annual net assets of CDON AB from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $576.00 Million | -16.17% |
| 2023-12-31 | $687.10 Million | +1444.04% |
| 2022-12-31 | $44.50 Million | -77.40% |
| 2021-12-31 | $196.90 Million | +222.79% |
| 2020-12-31 | $61.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CDON AB'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $576.00 Million | 100.00% |
| Total Equity | $576.00 Million | 100.00% |
CDON AB Competitors by Market Cap
The table below lists competitors of CDON AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Embark Early Education Ltd
AU:EVO
|
$37.07 Million |
|
Paramita Bangun Sarana Tbk PT
JK:PBSA
|
$37.07 Million |
|
Korea New Network Co. Ltd
KQ:058400
|
$37.08 Million |
|
Orzel Bialy S.A.
WAR:OBL
|
$37.08 Million |
|
Acelon Chemicals & Fiber Corp
TW:1466
|
$37.05 Million |
|
Cj Seafood
KO:011150
|
$37.05 Million |
|
Chime Ball Technology Co Ltd
TWO:1595
|
$37.05 Million |
|
Monteiro Aranha S.A
SA:MOAR3
|
$37.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CDON AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 687,100,000 to 576,000,000, a change of -111,100,000 (-16.2%).
- Net loss of 110,900,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-110.90 Million | -19.25% |
| Other Changes | $-200.00K | -0.03% |
| Total Change | $- | -16.17% |
Book Value vs Market Value Analysis
This analysis compares CDON AB'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: 0.10x
- 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 0.54x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $10.18 | $5.50 | x |
| 2021-12-31 | $29.47 | $5.50 | x |
| 2022-12-31 | $6.91 | $5.50 | x |
| 2023-12-31 | $63.91 | $5.50 | x |
| 2024-12-31 | $53.57 | $5.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CDON AB 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): -19.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.48%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.50x
- Recent ROE (-19.25%) is above the historical average (-81.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -10.33% | -0.79% | 2.67x | 4.90x | $-12.40 Million |
| 2021 | -32.96% | -11.55% | 1.46x | 1.95x | $-81.59 Million |
| 2022 | -336.85% | -32.50% | 1.94x | 5.34x | $-154.35 Million |
| 2023 | -9.98% | -14.64% | 0.49x | 1.39x | $-137.31 Million |
| 2024 | -19.25% | -25.48% | 0.50x | 1.50x | $-168.50 Million |
Industry Comparison
This section compares CDON AB's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $63,280,359,031
- Average return on equity (ROE) among peers: -555.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CDON AB (CDOAF) | $533.50 Million | -10.33% | 0.38x | $37.05 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 |
| artnet AG (ARTZF) | $1.70 Million | 41.01% | 2.39x | $8.91 Million |
| 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 |