Herald Holdings Limited
Herald Holdings Limited, together with its subsidiaries, engages in the manufacture, sale, and distribution of toys, computer products, clocks, watches, and electronic and gift products. The company operates through five segments: Toys, Computer Products, Timepieces, Investments, and Others. It offers a range of toys, including action figures, electronic radio-controlled toy cars and boats, elect… Read more
Herald Holdings Limited (HH3) - Net Assets
Latest net assets as of September 2025: €625.14 Million EUR
Based on the latest financial reports, Herald Holdings Limited (HH3) has net assets worth €625.14 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€916.14 Million) and total liabilities (€291.00 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 | €625.14 Million |
| % of Total Assets | 68.24% |
| Annual Growth Rate | -3.4% |
| 5-Year Change | -17.89% |
| 10-Year Change | -28.42% |
| Growth Volatility | 5.02 |
Herald Holdings Limited - Net Assets Trend (2014–2025)
This chart illustrates how Herald Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Herald Holdings Limited (2014–2025)
The table below shows the annual net assets of Herald Holdings Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €590.04 Million | -0.50% |
| 2024-03-31 | €592.99 Million | -9.56% |
| 2023-03-31 | €655.70 Million | +3.94% |
| 2022-03-31 | €630.84 Million | -12.21% |
| 2021-03-31 | €718.59 Million | +5.70% |
| 2020-03-31 | €679.86 Million | -5.37% |
| 2019-03-31 | €718.44 Million | -6.31% |
| 2018-03-31 | €766.85 Million | -4.31% |
| 2017-03-31 | €801.38 Million | -2.79% |
| 2016-03-31 | €824.35 Million | -1.53% |
| 2015-03-31 | €837.15 Million | -3.00% |
| 2014-03-31 | €863.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Herald Holdings Limited'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 42.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €399.21 Million | 69.18% |
| Other Components | €177.81 Million | 30.82% |
| Total Equity | €577.03 Million | 100.00% |
Herald Holdings Limited Competitors by Market Cap
The table below lists competitors of Herald Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sýn hf
IC:SYN
|
$19.81 Million |
|
Wisr Ltd
AU:WZR
|
$19.82 Million |
|
Mico BioMed Co. Ltd.
KQ:214610
|
$19.82 Million |
|
Lippo Malls Indonesia Retail Trust
PINK:LPMDF
|
$19.83 Million |
|
GMM Grammy Public Company Limited
BK:GRAMMY
|
$19.80 Million |
|
CleanTech Lithium Plc
OTCQX:CTLHF
|
$19.80 Million |
|
HY Electronic Cayman Ltd
TW:6573
|
$19.79 Million |
|
KOC METALURJI
IS:KOCMT
|
$19.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Herald Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 580,371,000 to 577,027,000, a change of -3,344,000 (-0.6%).
- Net income of 32,875,000 contributed positively to equity growth.
- Dividend payments of 36,270,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €32.88 Million | +5.7% |
| Dividends Paid | €36.27 Million | -6.29% |
| Other Changes | €51.00K | +0.01% |
| Total Change | €- | -0.58% |
Book Value vs Market Value Analysis
This analysis compares Herald Holdings Limited'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: 0.06x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €1.31 | €0.06 | x |
| 2018-03-31 | €1.25 | €0.06 | x |
| 2019-03-31 | €1.17 | €0.06 | x |
| 2020-03-31 | €1.11 | €0.06 | x |
| 2021-03-31 | €1.17 | €0.06 | x |
| 2022-03-31 | €1.02 | €0.06 | x |
| 2023-03-31 | €1.06 | €0.06 | x |
| 2024-03-31 | €0.96 | €0.06 | x |
| 2025-03-31 | €0.95 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Herald Holdings Limited 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): 5.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.67%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.43x
- Recent ROE (5.70%) is above the historical average (1.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.14% | 1.98% | 1.23x | 1.29x | €-57.88 Million |
| 2015 | 1.98% | 1.28% | 1.22x | 1.27x | €-65.60 Million |
| 2016 | 4.84% | 2.55% | 1.44x | 1.32x | €-41.66 Million |
| 2017 | 6.37% | 4.58% | 1.02x | 1.37x | €-28.56 Million |
| 2018 | -3.54% | -2.10% | 1.18x | 1.43x | €-102.23 Million |
| 2019 | -3.69% | -2.75% | 1.00x | 1.35x | €-97.03 Million |
| 2020 | 1.31% | 0.87% | 1.15x | 1.30x | €-58.45 Million |
| 2021 | 4.80% | 3.66% | 0.98x | 1.34x | €-36.76 Million |
| 2022 | -9.91% | -5.20% | 1.21x | 1.58x | €-122.85 Million |
| 2023 | 12.82% | 6.52% | 1.40x | 1.41x | €18.09 Million |
| 2024 | -2.48% | -2.02% | 0.88x | 1.40x | €-72.42 Million |
| 2025 | 5.70% | 4.67% | 0.85x | 1.43x | €-24.83 Million |
Industry Comparison
This section compares Herald Holdings Limited's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $36,238,462,309
- Average return on equity (ROE) among peers: 14.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Herald Holdings Limited (HH3) | €625.14 Million | 3.14% | 0.47x | $19.80 Million |
| Asmodee Group AB (publ) (2EX) | $2.18 Billion | 4.97% | 0.79x | $1.67 Billion |
| China Travel International Investment Hong Kong Limited (CTI) | $15.77 Billion | 2.23% | 0.27x | $226.21 Million |
| Bloks Group Limited (G0E) | $-1.60 Billion | 0.00% | 0.00x | $572.14 Million |
| Honma Golf Limited (HF5) | $28.00 Billion | 14.05% | 0.29x | $56.02 Million |
| Heiwa Corporation (HWC) | $225.05 Billion | 7.26% | 0.97x | $551.90 Million |
| Oberstdorfer Bergbahn AG (KVO) | $1.65 Million | 14.31% | 2.12x | $1.77 Million |
| Münchener Tierpark Hellabrunn AG (MTP) | $16.78 Million | -5.88% | 3.48x | $2.56 Million |
| Round One Corporation (RDN) | $56.72 Billion | 14.83% | 0.88x | $239.95 Million |
| UNITEDLABELS Aktiengesellschaft (ULC) | $976.82K | 78.62% | 17.93x | $5.20 Million |