Electroarges S (ELGS) - Net Assets

Latest as of March 2026: RON25.16 Million RON ≈ $5.78 Million USD

Based on the latest financial reports, Electroarges S (ELGS) has net assets worth RON25.16 Million RON (≈ $5.78 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON85.28 Million ≈ $19.58 Million USD) and total liabilities (RON60.13 Million ≈ $13.81 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 Electroarges S balance sheet independence to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RON25.16 Million
% of Total Assets	29.5%
Annual Growth Rate	-9.93%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	9.16

Electroarges S - Net Assets Trend (2020–2023)

This chart illustrates how Electroarges S's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Electroarges S stock valuation.

Annual Net Assets for Electroarges S (2020–2023)

The table below shows the annual net assets of Electroarges S from 2020 to 2023. Also explore net asset growth rate of Electroarges S to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2023-09-30	RON45.64 Million ≈ $10.48 Million	-18.41%
2022-09-30	RON55.94 Million ≈ $12.84 Million	+3.12%
2021-09-30	RON54.25 Million ≈ $12.46 Million	-13.13%
2020-09-30	RON62.45 Million ≈ $14.34 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Electroarges S'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 2345224800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2023)

Component	Amount	Percentage
Other Components	RON76.81 Million	168.29%
Total Equity	RON45.64 Million	100.00%

Electroarges S Competitors by Market Cap

The table below lists competitors of Electroarges S ranked by their market capitalization.

Company	Market Cap
Masonglory Limited Ordinary Shares NASDAQ:MSGY	$6.44 Million
Sewon E&C KO:091090	$6.45 Million
Immuron Ltd ADR NASDAQ:IMRN	$6.45 Million
Sahakol Equipment Public Company Limited BK:SQ	$6.45 Million
STRATHMORE PLUS URANIUM F:TO3	$6.43 Million
Compass Group PLC LSE:CPG	$6.43 Million
Future Market Networks Limited NSE:FMNL	$6.43 Million
Bolt Biotherapeutics NASDAQ:BOLT	$6.43 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2022 to 2023, total equity changed from 54,687,468 to 45,639,849, a change of -9,047,619 (-16.5%).
Net loss of 10,091,272 reduced equity.
Other factors increased equity by 1,043,653.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	RON-10.09 Million	-22.11%
Other Changes	RON1.04 Million	+2.29%
Total Change	RON-	-16.54%

Book Value vs Market Value Analysis

This analysis compares Electroarges S'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: 0.51x
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 increased from 0.39x to 0.51x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-09-30	RON0.60	RON0.23	x
2021-09-30	RON0.53	RON0.23	x
2022-09-30	RON0.55	RON0.23	x
2023-09-30	RON0.46	RON0.23	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Electroarges S 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): -22.11%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -25.95%
• Asset Turnover: 0.39x
• Equity Multiplier: 2.19x
Recent ROE (-22.11%) is above the historical average (-25.81%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2020	-31.33%	-7.61%	1.75x	2.36x	RON-24.89 Million
2021	-16.14%	-2.79%	2.18x	2.66x	RON-13.79 Million
2022	-33.66%	-23.38%	0.65x	2.23x	RON-23.88 Million
2023	-22.11%	-25.95%	0.39x	2.19x	RON-14.66 Million

Industry Comparison

This section compares Electroarges S's net assets metrics with peer companies in the Consumer Electronics industry.

No peer company data available for comparison.

About Electroarges S

RO:ELGS Romania Consumer Electronics

Market Cap

$6.44 Million

RON28.06 Million RON

Market Cap Rank

#28161 Global

#59 in Romania

Share Price

RON0.23

Change (1 day)

-9.30%

52-Week Range

RON0.19 - RON0.34

All Time High

RON1.74