GetNinjas S.A
GetNinjas S.A. operates an online platform that connects professionals with seeking quotes and hire services in Brazil. The company primarily engages in the provision of services for the creation, development, and creation of electronic pages; maintenance of portals and content providers; and provision of other information technology services related to the internet. It also provides advertisemen… Read more
GetNinjas S.A (NINJ3) - Net Assets
Latest net assets as of June 2024: R$289.83 Million BRL
Based on the latest financial reports, GetNinjas S.A (NINJ3) has net assets worth R$289.83 Million BRL as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$307.98 Million) and total liabilities (R$18.15 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 | R$289.83 Million |
| % of Total Assets | 94.11% |
| Annual Growth Rate | 123.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 73.65 |
GetNinjas S.A - Net Assets Trend (2017–2023)
This chart illustrates how GetNinjas S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GetNinjas S.A (2017–2023)
The table below shows the annual net assets of GetNinjas S.A from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | R$280.33 Million | +0.57% |
| 2022-12-31 | R$278.76 Million | -2.79% |
| 2021-12-31 | R$286.75 Million | +5645.27% |
| 2020-12-31 | R$-5.17 Million | -20.79% |
| 2019-12-31 | R$-4.28 Million | -234.45% |
| 2018-12-31 | R$-1.28 Million | -157.32% |
| 2017-12-31 | R$2.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GetNinjas S.A'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 3326600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$4.61 Million | 1.64% |
| Common Stock | R$267.39 Million | 95.38% |
| Other Comprehensive Income | R$8.34 Million | 2.98% |
| Other Components | R$1.00 | 0.00% |
| Total Equity | R$280.33 Million | 100.00% |
GetNinjas S.A Competitors by Market Cap
The table below lists competitors of GetNinjas S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Navitas Petroleum Limited Partnership
TA:NVPT
|
$38.41 Million |
|
Moberg Pharma AB (publ)
ST:MOB
|
$38.42 Million |
|
Tethys Petroleum Limited
PINK:TETHF
|
$38.43 Million |
|
Mitre Realty Empreendimentos e Participações S.A
SA:MTRE3
|
$38.43 Million |
|
Otsuka Information Technology Corp.
TWO:3570
|
$38.41 Million |
|
Sindhu Trade Links Limited
NSE:SINDHUTRAD
|
$38.39 Million |
|
ESG Inc.
PINK:ESGH
|
$38.37 Million |
|
Grupo Concesionario del Oeste SA
BA:OEST
|
$38.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GetNinjas S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 278,757,000 to 280,335,000, a change of 1,578,000 (0.6%).
- Net income of 3,687,000 contributed positively to equity growth.
- New share issuances of 6,000 increased equity.
- Other comprehensive income decreased equity by 2,450,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$3.69 Million | +1.32% |
| Share Issuances | R$6.00K | +0.0% |
| Other Comprehensive Income | R$-2.45 Million | -0.87% |
| Other Changes | R$335.00K | +0.12% |
| Total Change | R$- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares GetNinjas S.A'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: 0.93x
- 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 114.71x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | R$0.04 | R$5.10 | x |
| 2018-12-31 | R$-0.03 | R$5.10 | x |
| 2019-12-31 | R$-0.13 | R$5.10 | x |
| 2020-12-31 | R$-0.15 | R$5.10 | x |
| 2021-12-31 | R$6.49 | R$5.10 | x |
| 2022-12-31 | R$5.55 | R$5.10 | x |
| 2023-12-31 | R$5.51 | R$5.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GetNinjas S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.06x
- Recent ROE (1.32%) is above the historical average (-70.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -472.59% | -134.21% | 1.64x | 2.15x | R$-10.78 Million |
| 2018 | 0.00% | -51.55% | 2.90x | 0.00x | R$-6.75 Million |
| 2019 | 0.00% | -13.62% | 4.22x | 0.00x | R$-2.57 Million |
| 2020 | 0.00% | -2.13% | 5.14x | 0.00x | R$-373.90K |
| 2021 | -14.30% | -65.67% | 0.20x | 1.07x | R$-69.68 Million |
| 2022 | -5.68% | -27.78% | 0.19x | 1.07x | R$-43.72 Million |
| 2023 | 1.32% | 5.98% | 0.21x | 1.06x | R$-24.35 Million |
Industry Comparison
This section compares GetNinjas S.A's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $360,274,750
- Average return on equity (ROE) among peers: 10.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GetNinjas S.A (NINJ3) | R$289.83 Million | -472.59% | 0.06x | $38.41 Million |
| Allied Tecnologia S.A (ALLD3) | $970.12 Million | 10.37% | 2.28x | $33.22 Million |
| Neogrid Participações S.A (NGRD3) | $449.94 Million | 0.58% | 0.45x | $38.85 Million |
| TOTVS S.A (TOTS3) | $21.79 Million | 32.40% | 0.93x | $2.76 Billion |
| TC Traders Club Ltda (TRAD3) | $-759.00K | 0.00% | 0.00x | $6.03 Million |