888 HOLDINGS (C8V.SG)
888 HOLDINGS (C8V.SG) operates in Diversified Metals & Mining.
888 HOLDINGS (C8V.SG) (C8V) - Net Assets
Latest net assets as of December 2023: €79.90 Million EUR
Based on the latest financial reports, 888 HOLDINGS (C8V.SG) (C8V) has net assets worth €79.90 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.75 Billion) and total liabilities (€2.67 Billion). 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 | €79.90 Million |
| % of Total Assets | 2.91% |
| Annual Growth Rate | -9.73% |
| 5-Year Change | -51.49% |
| 10-Year Change | N/A |
| Growth Volatility | 31.81 |
888 HOLDINGS (C8V.SG) - Net Assets Trend (2016–2023)
This chart illustrates how 888 HOLDINGS (C8V.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 888 HOLDINGS (C8V.SG) (2016–2023)
The table below shows the annual net assets of 888 HOLDINGS (C8V.SG) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €79.90 Million | -49.81% |
| 2022-12-31 | €159.20 Million | +27.87% |
| 2021-12-31 | €124.50 Million | +12.81% |
| 2020-12-31 | €110.36 Million | -32.99% |
| 2019-12-31 | €164.70 Million | +2.74% |
| 2018-12-31 | €160.30 Million | +41.61% |
| 2017-12-31 | €113.20 Million | -30.81% |
| 2016-12-31 | €163.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 888 HOLDINGS (C8V.SG)'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 144.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €149.50 Million | 187.11% |
| Total Equity | €79.90 Million | 100.00% |
888 HOLDINGS (C8V.SG) Competitors by Market Cap
The table below lists competitors of 888 HOLDINGS (C8V.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BRITISH AMERICAN TOBACCO ZIMBABWE HOLDINGS LIMITED
XZIM:BAT
|
$3.09K |
|
ProCap Acquisition Corp Warrant
NASDAQ:PCAPW
|
$3.09K |
|
Tipco Asphalt PCL
STU:TPY1
|
$3.09K |
|
AVENG (UG8K.SG)
STU:UG8K
|
$3.10K |
|
ATLANTIC PETROLEUM
BE:B3W
|
$3.08K |
|
Fecto Cement Ltd
KAR:FECTC
|
$3.08K |
|
iTonic Holdings Ltd.
NASDAQ:ITOC
|
$3.08K |
|
Pebble Beach Systems Group PLC
LSE:PEB
|
$3.08K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 888 HOLDINGS (C8V.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 159,200,000 to 79,900,000, a change of -79,300,000 (-49.8%).
- Net loss of 56,400,000 reduced equity.
- Other factors decreased equity by 22,900,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-56.40 Million | -70.59% |
| Other Changes | €-22.90 Million | -28.66% |
| Total Change | €- | -49.81% |
Book Value vs Market Value Analysis
This analysis compares 888 HOLDINGS (C8V.SG)'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: 1.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.98x to 1.74x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.31 | €0.31 | x |
| 2018-12-31 | €0.44 | €0.31 | x |
| 2019-12-31 | €0.45 | €0.31 | x |
| 2020-12-31 | €0.30 | €0.31 | x |
| 2021-12-31 | €0.33 | €0.31 | x |
| 2022-12-31 | €0.36 | €0.31 | x |
| 2023-12-31 | €0.18 | €0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 888 HOLDINGS (C8V.SG) 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): -70.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.30%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 34.39x
- Recent ROE (-70.59%) is below the historical average (3.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 31.48% | 9.89% | 1.37x | 2.33x | €35.14 Million |
| 2017 | 11.13% | 2.33% | 1.37x | 3.50x | €1.28 Million |
| 2018 | 59.14% | 17.54% | 1.42x | 2.37x | €78.77 Million |
| 2019 | 25.26% | 7.42% | 1.29x | 2.63x | €25.13 Million |
| 2020 | 7.51% | 1.62% | 1.43x | 3.24x | €-2.74 Million |
| 2021 | 40.11% | 7.01% | 1.78x | 3.22x | €37.46 Million |
| 2022 | -75.69% | -9.73% | 0.42x | 18.61x | €-136.42 Million |
| 2023 | -70.59% | -3.30% | 0.62x | 34.39x | €-64.39 Million |
Industry Comparison
This section compares 888 HOLDINGS (C8V.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 888 HOLDINGS (C8V.SG) (C8V) | €79.90 Million | 31.48% | 33.39x | $3.08K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |