Global PVQ SE
Global PVQ SE engages in the development, manufacture, and marketing of solar cells and modules. The company was formerly known as Q-Cells SE and changed its name to Global PVQ SE in September 2012. Global PVQ SE was founded in 1999 and is headquartered in Bitterfeld-Wolfen, Germany.
Global PVQ SE (QCLSF) - Net Assets
Latest net assets as of December 2011: $34.20 Million USD
Based on the latest financial reports, Global PVQ SE (QCLSF) has net assets worth $34.20 Million USD as of December 2011.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.22 Billion) and total liabilities ($1.18 Billion). 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 | $34.20 Million |
| % of Total Assets | 2.81% |
| Annual Growth Rate | -0.22% |
| 5-Year Change | -98.14% |
| 10-Year Change | N/A |
| Growth Volatility | 303.71 |
Global PVQ SE - Net Assets Trend (2004–2011)
This chart illustrates how Global PVQ SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global PVQ SE (2004–2011)
The table below shows the annual net assets of Global PVQ SE from 2004 to 2011.
| Year | Net Assets | Change |
|---|---|---|
| 2011-12-31 | $34.20 Million | -96.13% |
| 2010-12-31 | $882.70 Million | +19.77% |
| 2009-12-31 | $737.00 Million | -60.73% |
| 2008-12-31 | $1.88 Billion | +2.34% |
| 2007-12-31 | $1.83 Billion | +330.16% |
| 2006-12-31 | $426.31 Million | +32.70% |
| 2005-12-31 | $321.26 Million | +825.08% |
| 2004-12-31 | $34.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global PVQ SE'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 4348.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2011)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $176.30 Million | 515.50% |
| Other Components | $367.10 Million | 1073.39% |
| Total Equity | $34.20 Million | 100.00% |
Global PVQ SE Competitors by Market Cap
The table below lists competitors of Global PVQ SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUTOMOB PARTICIPACOES S.A.
SA:AMOB3
|
$17.64K |
|
Chordate Medical Holding AB
ST:CMH
|
$17.64K |
|
FIRST RESOURCES (5F1.SG)
STU:5F1
|
$17.67K |
|
Giga-tronics Inc
PINK:GIGA
|
$17.69K |
|
Kore Potash Plc
LSE:KP2
|
$17.61K |
|
GREAT EAGLE
MU:GHK
|
$17.60K |
|
Pioneering Technology Corp
PINK:PTEFF
|
$17.59K |
|
Harrison Global Holdings Inc.
NASDAQ:BLMZF
|
$17.58K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global PVQ SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2010 to 2011, total equity changed from 882,700,000 to 34,200,000, a change of -848,500,000 (-96.1%).
- Net loss of 845,800,000 reduced equity.
- Dividend payments of 1,600,000 reduced retained earnings.
- Other factors decreased equity by 1,100,000.
Equity Change Factors (2010 to 2011)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-845.80 Million | -2473.1% |
| Dividends Paid | $1.60 Million | -4.68% |
| Other Changes | $-1.10 Million | -3.22% |
| Total Change | $- | -96.13% |
Book Value vs Market Value Analysis
This analysis compares Global PVQ SE'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: 0.00x
- 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 |
|---|---|---|---|
| 2004-12-31 | $2.82 | $0.00 | x |
| 2005-12-31 | $7.13 | $0.00 | x |
| 2006-12-31 | $4.68 | $0.00 | x |
| 2007-12-31 | $13.54 | $0.00 | x |
| 2008-12-31 | $13.34 | $0.00 | x |
| 2009-12-31 | $6.03 | $0.00 | x |
| 2010-12-31 | $5.88 | $0.00 | x |
| 2011-12-31 | $0.22 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global PVQ SE 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): -2473.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -82.67%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 35.55x
- Recent ROE (-2473.10%) is below the historical average (-321.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 34.51% | 9.31% | 1.14x | 3.26x | $8.51 Million |
| 2005 | 12.43% | 13.34% | 0.66x | 1.42x | $7.81 Million |
| 2006 | 22.79% | 18.01% | 0.85x | 1.49x | $54.52 Million |
| 2007 | 8.05% | 16.98% | 0.33x | 1.43x | $-35.40 Million |
| 2008 | 10.14% | 14.97% | 0.44x | 1.53x | $2.60 Million |
| 2009 | -187.38% | -173.61% | 0.35x | 3.04x | $-1.45 Billion |
| 2010 | 2.14% | 1.40% | 0.62x | 2.47x | $-69.37 Million |
| 2011 | -2473.10% | -82.67% | 0.84x | 35.55x | $-849.22 Million |
Industry Comparison
This section compares Global PVQ SE's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $424,642,617
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global PVQ SE (QCLSF) | $34.20 Million | 34.51% | 34.55x | $17.63K |
| ABCO Energy Inc (ABCE) | $-190.65K | 0.00% | 0.00x | $11.90K |
| Advantagewon Oil Corporation (ANTGF) | $-1.30 Million | 0.00% | 0.00x | $547.13K |
| Advanced Powerline Technologies Inc (APWL) | $6.31 Million | -45.47% | 0.40x | $1.82 |
| Array Technologies Inc (ARRY) | $-25.72 Million | 0.00% | 0.00x | $972.65 Million |
| Ascent Solar Technologies, Inc. Common Stock (ASTI) | $139.62 Million | -9.47% | 0.10x | $18.06 Million |
| Beam Global (BEEM) | $-1.41 Million | 0.00% | 0.00x | $26.89 Million |
| Clear Blue Technologies International Inc (CBUTF) | $-215.24K | 0.00% | 0.00x | $834.08K |
| China Changjiang Mining & New Energy Co Ltd (CHJI) | $924.23K | 64.84% | 0.83x | $2.91K |
| Canadian Solar Inc (CSIQ) | $4.15 Billion | 0.87% | 2.26x | $868.69 Million |
| Complete Solaria, Inc. Common Stock (CSLR) | $-21.39 Million | 0.00% | 0.00x | $89.72 Million |