Artego Tg. Jiu (ARTE) - Net Assets

Latest as of September 2024: RON94.58 Million RON ≈ $21.72 Million USD

Based on the latest financial reports, Artego Tg. Jiu (ARTE) has net assets worth RON94.58 Million RON (≈ $21.72 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON119.61 Million ≈ $27.46 Million USD) and total liabilities (RON25.03 Million ≈ $5.75 Million USD). 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. See net asset quality index of Artego Tg. Jiu to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RON94.58 Million
% of Total Assets	79.07%
Annual Growth Rate	4.73%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	2.3

Artego Tg. Jiu - Net Assets Trend (2020–2023)

This chart illustrates how Artego Tg. Jiu's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Artego Tg. Jiu (ARTE) market capitalisation.

Annual Net Assets for Artego Tg. Jiu (2020–2023)

The table below shows the annual net assets of Artego Tg. Jiu from 2020 to 2023. Also explore ARTE shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2023-09-30	RON99.01 Million ≈ $22.73 Million	+5.86%
2022-09-30	RON93.53 Million ≈ $21.48 Million	+6.85%
2021-09-30	RON87.54 Million ≈ $20.10 Million	+1.55%
2020-09-30	RON86.20 Million ≈ $19.79 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Artego Tg. Jiu'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 258225300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2023)

Component	Amount	Percentage
Other Components	RON173.96 Million	175.70%
Total Equity	RON99.01 Million	100.00%

Artego Tg. Jiu Competitors by Market Cap

The table below lists competitors of Artego Tg. Jiu ranked by their market capitalization.

Company	Market Cap
Vertice Bhd KLSE:7240	$16.68 Million
N.C. Housing Public Company Limited BK:NCH	$16.69 Million
United Maritime Corporation NASDAQ:USEA	$16.69 Million
GR.SOU.COP. LS-01 F:E9E	$16.70 Million
Rathbone Brothers PLC LSE:RAT	$16.68 Million
Procorp S.A.B. de C.V MX:PROCORPB	$16.67 Million
Termorex WAR:TRR	$16.67 Million
PAKERS.Co.Ltd KQ:065690	$16.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Artego Tg. Jiu's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 93,530,664 to 99,008,253, a change of 5,477,589 (5.9%).
Net income of 8,746,511 contributed positively to equity growth.
Other factors decreased equity by 3,268,922.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	RON8.75 Million	+8.83%
Other Changes	RON-3.27 Million	-3.3%
Total Change	RON-	5.86%

Book Value vs Market Value Analysis

This analysis compares Artego Tg. Jiu'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: 0.73x
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 0.93x to 0.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-09-30	RON9.62	RON8.95	x
2021-09-30	RON10.79	RON8.95	x
2022-09-30	RON11.53	RON8.95	x
2023-09-30	RON12.20	RON8.95	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Artego Tg. Jiu 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): 8.83%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.04%
• Asset Turnover: 1.32x
• Equity Multiplier: 1.33x
Recent ROE (8.83%) is below the historical average (12.00%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2020	12.22%	7.90%	1.07x	1.45x	RON1.91 Million
2021	13.77%	6.92%	1.27x	1.57x	RON3.30 Million
2022	13.17%	6.10%	1.48x	1.46x	RON2.96 Million
2023	8.83%	5.04%	1.32x	1.33x	RON-1.15 Million

Industry Comparison

This section compares Artego Tg. Jiu's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $282,383,790
Average return on equity (ROE) among peers: -0.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Artego Tg. Jiu (ARTE)	RON94.58 Million	12.22%	0.26x	$16.68 Million
Altur Slatina (ALT)	$62.08 Million	-3.20%	1.07x	$4.92 Million
Compa Sibiu (CMP)	$502.68 Million	2.99%	0.59x	$35.43 Million

About Artego Tg. Jiu

RO:ARTE Romania Auto Parts

Market Cap

$16.68 Million

RON72.63 Million RON

Market Cap Rank

#25772 Global

#55 in Romania

Share Price

RON8.95

Change (1 day)

+7.19%

52-Week Range

RON8.35 - RON12.00

All Time High

RON19.21