Vitesco Technologies Group Aktiengesellschaft
Vitesco Technologies Group Aktiengesellschaft develops and produces components and system solutions for power trains in hybrid vehicles, electric vehicles, and combustion engines in Germany and internationally. The company operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments. It offers 48-volt electrification solutions, electri… Read more
Vitesco Technologies Group Aktiengesellschaft (VTSCY) - Net Assets
Latest net assets as of June 2024: $2.93 Billion USD
Based on the latest financial reports, Vitesco Technologies Group Aktiengesellschaft (VTSCY) has net assets worth $2.93 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.43 Billion) and total liabilities ($4.50 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 | $2.93 Billion |
| % of Total Assets | 39.43% |
| Annual Growth Rate | -10.96% |
| 5-Year Change | -10.31% |
| 10-Year Change | N/A |
| Growth Volatility | 17.41 |
Vitesco Technologies Group Aktiengesellschaft - Net Assets Trend (2018–2023)
This chart illustrates how Vitesco Technologies Group Aktiengesellschaft's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vitesco Technologies Group Aktiengesellschaft (2018–2023)
The table below shows the annual net assets of Vitesco Technologies Group Aktiengesellschaft from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.85 Billion | -6.87% |
| 2022-12-31 | $3.06 Billion | +13.89% |
| 2021-12-31 | $2.69 Billion | +1.50% |
| 2020-12-31 | $2.65 Billion | -16.68% |
| 2019-12-31 | $3.18 Billion | -37.60% |
| 2018-12-31 | $5.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vitesco Technologies Group Aktiengesellschaft'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 84300000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $100.10 Million | 3.51% |
| Other Comprehensive Income | $106.40 Million | 3.73% |
| Other Components | $3.49 Billion | 122.32% |
| Total Equity | $2.85 Billion | 100.00% |
Vitesco Technologies Group Aktiengesellschaft Competitors by Market Cap
The table below lists competitors of Vitesco Technologies Group Aktiengesellschaft ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tanzanian Royalty Exploration Corp
NYSE MKT:TRX
|
$398.94 Million |
|
Baolingbao Biology Co Ltd
SHE:002286
|
$398.99 Million |
|
Hangzhou Huawang New Material Technology Co.Ltd.
SHG:605377
|
$399.10 Million |
|
Hinova Pharmaceuticals Inc. A
SHG:688302
|
$399.12 Million |
|
Kunshan Top A Intelligent Equipment
SHE:300836
|
$398.83 Million |
|
Replimune Group Inc
NASDAQ:REPL
|
$398.83 Million |
|
Queclink Wireless Solutions Co Ltd
SHE:300590
|
$398.65 Million |
|
Wacker Neuson SE
PINK:WKRCF
|
$398.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vitesco Technologies Group Aktiengesellschaft's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,061,700,000 to 2,851,300,000, a change of -210,400,000 (-6.9%).
- Net loss of 96,400,000 reduced equity.
- Other comprehensive income decreased equity by 129,000,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-96.40 Million | -3.38% |
| Other Comprehensive Income | $-129.00 Million | -4.52% |
| Other Changes | $15.00 Million | +0.53% |
| Total Change | $- | -6.87% |
Book Value vs Market Value Analysis
This analysis compares Vitesco Technologies Group Aktiengesellschaft'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: 0.14x
- 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 0.40x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $25.23 | $10.00 | x |
| 2019-12-31 | $78.01 | $10.00 | x |
| 2020-12-31 | $66.18 | $10.00 | x |
| 2021-12-31 | $67.17 | $10.00 | x |
| 2022-12-31 | $76.50 | $10.00 | x |
| 2023-12-31 | $71.24 | $10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vitesco Technologies Group Aktiengesellschaft 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): -3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.04%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 2.66x
- Recent ROE (-3.38%) is above the historical average (-6.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 1.71% | 0.95% | 1.01x | 1.79x | $-418.40 Million |
| 2019 | -20.50% | -7.04% | 1.08x | 2.69x | $-952.10 Million |
| 2020 | -13.71% | -4.52% | 1.00x | 3.04x | $-628.06 Million |
| 2021 | -4.54% | -1.46% | 1.13x | 2.76x | $-390.83 Million |
| 2022 | 0.77% | 0.26% | 1.19x | 2.48x | $-282.57 Million |
| 2023 | -3.38% | -1.04% | 1.22x | 2.66x | $-381.53 Million |
Industry Comparison
This section compares Vitesco Technologies Group Aktiengesellschaft's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vitesco Technologies Group Aktiengesellschaft (VTSCY) | $2.93 Billion | 1.71% | 1.54x | $398.84 Million |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |