Electroarges S Net Assets

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

Electroarges S net assets. 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. Also explore Electroarges S (ELGS) equity growth momentum to track the company's year-over-year net asset growth rate.

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

Net Assets of Electroarges S (2020–2023)

Net assets of Electroarges S from 2020 to 2023. This chart illustrates how Electroarges S's net assets have evolved over time, based on quarterly financial data. See Electroarges S (ELGS) net asset quality to measure how much of total assets are equity-financed.

Annual Net Assets for Electroarges S (2020–2023)

The table below shows the annual net assets of Electroarges S from 2020 to 2023. For live market cap and overall valuation, see Electroarges S market capitalisation.

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.

Electroarges S Net Assets Breakdown (September 2023)

Electroarges S net assets breakdown by equity component as of 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
Pipe Works L. Girakian Profil S.A. AT:PROFK	$6.55 Million
tokentus investment AG MU:14D	$6.55 Million
Clever Group Corp VN:ADG	$6.56 Million
Fresh Grapes LLC NYSE MKT:VINE	$6.56 Million
Kerlink SAS PA:ALKLK	$6.55 Million
Natural Alternatives International NASDAQ:NAII	$6.55 Million
Exicure Inc NASDAQ:XCUR	$6.55 Million
RWS Holdings PLC LSE:RWS	$6.54 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: 0.52x
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 0.52x 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	RON0.24	x
2021-09-30	RON0.53	RON0.24	x
2022-09-30	RON0.55	RON0.24	x
2023-09-30	RON0.46	RON0.24	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

$6.55 Million

RON28.54 Million RON

Market Cap Rank

#27943 Global

#59 in Romania

Share Price

RON0.24

Change (1 day)

+0.85%

52-Week Range

RON0.19 - RON0.34

All Time High

RON1.74