Van de Velde NV
Van de Velde NV, together with its subsidiaries, designs, produces, and sells women's lingerie and swimwear in Europe and North America. It operates through two segments, Business to Business and Direct to Consumer. The company offers its products under the PrimaDonna, Marie Jo, and Sarda brands, as well as Rigby & Peller and Lincherie brands. It provides its products through its own retail netwo… Read more
Van de Velde NV (VDEVF) - Net Assets
Latest net assets as of December 2023: $165.92 Million USD
Based on the latest financial reports, Van de Velde NV (VDEVF) has net assets worth $165.92 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($202.97 Million) and total liabilities ($37.05 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 | $165.92 Million |
| % of Total Assets | 81.75% |
| Annual Growth Rate | 2.31% |
| 5-Year Change | 12.01% |
| 10-Year Change | 24.85% |
| Growth Volatility | 10.42 |
Van de Velde NV - Net Assets Trend (2004–2024)
This chart illustrates how Van de Velde NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Van de Velde NV (2004–2024)
The table below shows the annual net assets of Van de Velde NV from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $162.43 Million | -2.10% |
| 2023-12-31 | $165.92 Million | -1.42% |
| 2022-12-31 | $168.31 Million | +3.00% |
| 2021-12-31 | $163.41 Million | +12.68% |
| 2020-12-31 | $145.02 Million | +0.56% |
| 2019-12-31 | $144.21 Million | +8.12% |
| 2018-12-31 | $133.38 Million | +9.09% |
| 2017-12-31 | $122.27 Million | +4.30% |
| 2016-12-31 | $117.23 Million | -9.89% |
| 2015-12-31 | $130.10 Million | -3.42% |
| 2014-12-31 | $134.70 Million | -24.09% |
| 2013-12-31 | $177.44 Million | +1.63% |
| 2012-12-31 | $174.59 Million | -1.43% |
| 2011-12-31 | $177.13 Million | +9.52% |
| 2010-12-31 | $161.73 Million | +19.16% |
| 2009-12-31 | $135.73 Million | +12.28% |
| 2008-12-31 | $120.88 Million | +2.98% |
| 2007-12-31 | $117.39 Million | -7.44% |
| 2006-12-31 | $126.82 Million | -1.25% |
| 2005-12-31 | $128.43 Million | +24.94% |
| 2004-12-31 | $102.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Van de Velde NV'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 67.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $175.96 Million | 108.33% |
| Common Stock | $1.94 Million | 1.19% |
| Total Equity | $162.43 Million | 100.00% |
Van de Velde NV Competitors by Market Cap
The table below lists competitors of Van de Velde NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VNV Global AB (publ)
PINK:VSTKF
|
$174.23 Million |
|
Astra Agro Lestari Tbk
JK:AALI
|
$174.24 Million |
|
Pepper Money Ltd
AU:PPM
|
$174.26 Million |
|
Electricite de Strasbourg S.A.
LSE:0J74
|
$174.35 Million |
|
Sports Gear Co. Ltd
TW:6768
|
$174.21 Million |
|
Kingsway Financial Services Inc
NYSE:KFS
|
$174.17 Million |
|
Quanterix Corp
NASDAQ:QTRX
|
$174.17 Million |
|
Changchun Yidong Clutch Co Ltd
SHG:600148
|
$174.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Van de Velde NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 165,920,000 to 162,430,000, a change of -3,490,000 (-2.1%).
- Net income of 32,048,000 contributed positively to equity growth.
- Dividend payments of 30,751,000 reduced retained earnings.
- Share repurchases of 6,605,000 reduced equity.
- New share issuances of 183,000 increased equity.
- Other comprehensive income increased equity by 23,070,662.
- Other factors decreased equity by 21,435,662.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.05 Million | +19.73% |
| Dividends Paid | $30.75 Million | -18.93% |
| Share Repurchases | $6.61 Million | -4.07% |
| Share Issuances | $183.00K | +0.11% |
| Other Comprehensive Income | $23.07 Million | +14.2% |
| Other Changes | $-21.44 Million | -13.2% |
| Total Change | $- | -2.10% |
Book Value vs Market Value Analysis
This analysis compares Van de Velde NV'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: 2.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.70x to 2.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $7.58 | $35.66 | x |
| 2005-12-31 | $9.47 | $35.66 | x |
| 2006-12-31 | $9.35 | $35.66 | x |
| 2007-12-31 | $8.66 | $35.66 | x |
| 2008-12-31 | $8.98 | $35.66 | x |
| 2009-12-31 | $10.14 | $35.66 | x |
| 2010-12-31 | $11.60 | $35.66 | x |
| 2011-12-31 | $12.66 | $35.66 | x |
| 2012-12-31 | $12.78 | $35.66 | x |
| 2013-12-31 | $13.05 | $35.66 | x |
| 2014-12-31 | $10.07 | $35.66 | x |
| 2015-12-31 | $9.69 | $35.66 | x |
| 2016-12-31 | $8.75 | $35.66 | x |
| 2017-12-31 | $9.04 | $35.66 | x |
| 2018-12-31 | $10.02 | $35.66 | x |
| 2019-12-31 | $10.80 | $35.66 | x |
| 2020-12-31 | $10.89 | $35.66 | x |
| 2021-12-31 | $12.38 | $35.66 | x |
| 2022-12-31 | $12.84 | $35.66 | x |
| 2023-12-31 | $12.86 | $35.66 | x |
| 2024-12-31 | $12.43 | $35.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Van de Velde NV 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): 19.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.52%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.25x
- Recent ROE (19.73%) is below the historical average (21.51%), 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 | 24.91% | 25.18% | 0.87x | 1.13x | $15.32 Million |
| 2005 | 33.01% | 37.88% | 0.79x | 1.11x | $29.55 Million |
| 2006 | 24.49% | 25.26% | 0.87x | 1.11x | $18.38 Million |
| 2007 | 26.39% | 23.77% | 0.99x | 1.12x | $19.24 Million |
| 2008 | 23.68% | 21.52% | 0.97x | 1.14x | $16.54 Million |
| 2009 | 19.59% | 18.98% | 0.94x | 1.10x | $13.02 Million |
| 2010 | 25.99% | 24.01% | 0.91x | 1.18x | $24.57 Million |
| 2011 | 24.43% | 22.84% | 0.90x | 1.19x | $24.26 Million |
| 2012 | 15.07% | 14.09% | 0.92x | 1.16x | $8.62 Million |
| 2013 | 18.31% | 17.41% | 0.93x | 1.14x | $14.42 Million |
| 2014 | 1.85% | 1.25% | 1.24x | 1.19x | $-10.91 Million |
| 2015 | 31.69% | 19.60% | 1.29x | 1.25x | $28.03 Million |
| 2016 | 28.77% | 16.24% | 1.32x | 1.34x | $21.89 Million |
| 2017 | 27.87% | 16.24% | 1.32x | 1.30x | $21.77 Million |
| 2018 | 19.14% | 12.45% | 1.22x | 1.26x | $12.19 Million |
| 2019 | 14.75% | 10.85% | 0.99x | 1.37x | $6.83 Million |
| 2020 | 10.18% | 9.66% | 0.82x | 1.28x | $254.00K |
| 2021 | 19.65% | 16.41% | 0.94x | 1.27x | $15.74 Million |
| 2022 | 21.90% | 17.39% | 1.02x | 1.24x | $20.01 Million |
| 2023 | 20.27% | 15.92% | 1.04x | 1.22x | $17.04 Million |
| 2024 | 19.73% | 15.52% | 1.02x | 1.25x | $15.80 Million |
Industry Comparison
This section compares Van de Velde NV's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $452,652,321
- Average return on equity (ROE) among peers: 4.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Van de Velde NV (VDEVF) | $165.92 Million | 24.91% | 0.22x | $174.23 Million |
| Agavenny Corporation (AGNY) | $1.26 Million | -1.07% | 0.07x | $441.50 |
| Authentic Holdings Inc. (AHRO) | $-2.87 Million | 0.00% | 0.00x | $1.67 Million |
| Columbia Sportswear Company (COLM) | $640.83 Million | 18.74% | 0.22x | $1.42 Billion |
| China Outfitters Holdings Ltd (COUTF) | $1.66 Billion | -7.37% | 0.20x | $19.05 Million |
| Delta Galil Industries Ltd (DELTF) | $451.32 Million | 8.09% | 1.26x | $530.69 Million |
| Delta Apparel, Inc. (DLAPQ) | $182.72 Million | 10.80% | 1.87x | $705.00 |
| Exceed Company Ltd (EDSFF) | $-29.05K | 0.00% | 0.00x | $0.91 |
| Ever-Glory International Group Inc. (EVKG) | $140.96 Million | -0.07% | 1.48x | $5.52K |
| Figs Inc (FIGS) | $245.57 Million | -3.89% | 0.27x | $2.19 Billion |
| Fox-Wizel Ltd (FXWZF) | $1.21 Billion | 17.11% | 2.86x | $233.16 Million |