Santierul Naval Orsova SA

RO:SNO Romania Aerospace & Defense
Market Cap
$20.40 Million
RON98.81 Million RON
Market Cap Rank
#25475 Global
#40 in Romania
Share Price
RON8.65
Change (1 day)
+4.22%
52-Week Range
RON6.65 - RON9.60
All Time High
RON9.60
About

Santierul Naval Orsova S.A. engages in the construction of river ships and floating structures in Romania. The company produces chemical tankers, container ships, gas tankers, salanda vessels, push-combination vessels, river and sea pontoons, barges, self-propelled barges, mixed barges, ro-ro barges, and ferry boats for people, cars and trucks. It is also involved in renting ships; and logistics … Read more

Santierul Naval Orsova SA (SNO) - Net Assets

Latest net assets as of September 2025: RON85.81 Million RON

Based on the latest financial reports, Santierul Naval Orsova SA (SNO) has net assets worth RON85.81 Million RON as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON116.40 Million) and total liabilities (RON30.58 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 RON85.81 Million
% of Total Assets 73.72%
Annual Growth Rate -1.73%
5-Year Change -9.89%
10-Year Change N/A
Growth Volatility 7.72

Santierul Naval Orsova SA - Net Assets Trend (2019–2024)

This chart illustrates how Santierul Naval Orsova SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Santierul Naval Orsova SA (2019–2024)

The table below shows the annual net assets of Santierul Naval Orsova SA from 2019 to 2024.

Year Net Assets Change
2024-09-30 RON87.74 Million +7.75%
2023-09-30 RON81.43 Million +4.42%
2022-09-30 RON77.98 Million -12.15%
2021-09-30 RON88.77 Million -8.84%
2020-09-30 RON97.37 Million +1.69%
2019-09-30 RON95.76 Million --

Equity Component Analysis

This analysis shows how different components contribute to Santierul Naval Orsova SA'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 30.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Retained Earnings RON7.38 Million 8.41%
Other Components RON80.36 Million 91.59%
Total Equity RON87.74 Million 100.00%

Santierul Naval Orsova SA Competitors by Market Cap

The table below lists competitors of Santierul Naval Orsova SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Santierul Naval Orsova SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 81,429,196 to 87,742,403, a change of 6,313,207 (7.8%).
  • Net income of 5,936,340 contributed positively to equity growth.
  • Dividend payments of 5,929,502 reduced retained earnings.
  • Other factors increased equity by 6,306,369.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RON5.94 Million +6.77%
Dividends Paid RON5.93 Million -6.76%
Other Changes RON6.31 Million +7.19%
Total Change RON- 7.75%

Book Value vs Market Value Analysis

This analysis compares Santierul Naval Orsova SA'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: 1.13x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-09-30 RON8.38 RON8.65 x
2020-09-30 RON8.52 RON8.65 x
2021-09-30 RON7.77 RON8.65 x
2022-09-30 RON6.83 RON8.65 x
2023-09-30 RON7.13 RON8.65 x
2024-09-30 RON7.68 RON8.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Santierul Naval Orsova SA 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): 6.77%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.58%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 1.28x
  • Recent ROE (6.77%) is above the historical average (2.26%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 3.35% 5.20% 0.57x 1.12x RON-6.37 Million
2020 4.78% 6.71% 0.62x 1.14x RON-5.08 Million
2021 -0.17% -0.21% 0.70x 1.17x RON-9.03 Million
2022 -5.41% -7.53% 0.53x 1.36x RON-12.01 Million
2023 4.24% 3.61% 0.96x 1.23x RON-4.69 Million
2024 6.77% 6.58% 0.80x 1.28x RON-2.84 Million

Industry Comparison

This section compares Santierul Naval Orsova SA's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $244,342,640
  • Average return on equity (ROE) among peers: 11.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Santierul Naval Orsova SA (SNO) RON85.81 Million 3.35% 0.36x $20.04 Million
Aerostar Bacau (ARS) $380.37 Million 10.11% 0.44x $90.05 Million
TURBOMECANICA S.A. (TBM) $108.32 Million 12.32% 0.44x $12.49 Million