Secoo Holding Limited
Secoo Holding Limited operates an integrated online and offline shopping platform in the People's Republic of China, Hong Kong, and internationally. It provides upscale brand products and services, including handbags, watches, clothing, footwear, jewelry and accessories, cosmetics and skincare, home accessories, sportswear, home goods, fine food and beverage products, arts, 3C electronic devices,… Read more
Secoo Holding Limited (SECOY) - Net Assets
Latest net assets as of June 2022: $134.42 Million USD
Based on the latest financial reports, Secoo Holding Limited (SECOY) has net assets worth $134.42 Million USD as of June 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($559.01 Million) and total liabilities ($424.59 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 | $134.42 Million |
| % of Total Assets | 24.05% |
| Annual Growth Rate | 100.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 306.4 |
Secoo Holding Limited - Net Assets Trend (2018–2021)
This chart illustrates how Secoo Holding Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Secoo Holding Limited (2018–2021)
The table below shows the annual net assets of Secoo Holding Limited from 2018 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | $1.78 Billion | -23.20% |
| 2020-12-31 | $2.32 Billion | +39.44% |
| 2019-12-31 | $1.66 Billion | +655.83% |
| 2018-12-31 | $219.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Secoo Holding Limited'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 158564531200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $239.00K | 0.01% |
| Other Comprehensive Income | $64.74 Million | 3.64% |
| Other Components | $3.49 Billion | 195.88% |
| Total Equity | $1.78 Billion | 100.00% |
Secoo Holding Limited Competitors by Market Cap
The table below lists competitors of Secoo Holding Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SL Private Equity
LSE:SLPE
|
$706.57 |
|
Mahaweli Reach Hotel PLC
CM:MRHN0000
|
$707.47 |
|
Minerals Exploration Limited
AU:MEX
|
$708.04 |
|
Popular Islamic Modaraba
KAR:PIM
|
$708.12 |
|
TIANDE CHEMICAL
BE:TC7
|
$705.94 |
|
Cascadia Minerals Ltd.
OTCQB:CAMNF
|
$705.81 |
|
BEIJING MEDIA -H-
MU:BME
|
$705.58 |
|
iFresh Inc
PINK:IFMK
|
$705.30 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Secoo Holding Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 2,318,716,000 to 1,780,592,000, a change of -538,124,000 (-23.2%).
- Net loss of 565,753,000 reduced equity.
- Other comprehensive income increased equity by 28,816,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-565.75 Million | -31.77% |
| Other Comprehensive Income | $28.82 Million | +1.62% |
| Other Changes | $-1.19 Million | -0.07% |
| Total Change | $- | -23.21% |
Book Value vs Market Value Analysis
This analysis compares Secoo Holding Limited'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 |
|---|---|---|---|
| 2018-12-31 | $41.20 | $0.00 | x |
| 2019-12-31 | $1583.62 | $0.00 | x |
| 2020-12-31 | $1640.93 | $0.00 | x |
| 2021-12-31 | $1260.10 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Secoo Holding Limited 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): -31.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.07%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.51x
- Recent ROE (-31.77%) is below the historical average (-3.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 10.63% | 2.82% | 1.47x | 2.56x | $1.37 Million |
| 2019 | 9.51% | 2.26% | 1.37x | 3.08x | $-8.02 Million |
| 2020 | -3.12% | -1.20% | 1.13x | 2.30x | $-304.24 Million |
| 2021 | -31.77% | -18.07% | 0.70x | 2.51x | $-743.81 Million |
Industry Comparison
This section compares Secoo Holding Limited'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 |
|---|---|---|---|---|
| Secoo Holding Limited (SECOY) | $134.42 Million | 10.63% | 3.16x | $706.00 |
| 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 |