AB Snaige
AB Snaige, together with its subsidiaries, engages in the production and sale of refrigerators and related equipment in Lithuania. The company offers combined refrigerators with separate external doors, single cooler refrigerators, and freezers; commercial and medical refrigerators; household electrical appliances; spare parts for refrigerators; metal products; monoblocks for refrigeration units;… Read more
AB Snaige (ZS4) - Net Assets
Latest net assets as of June 2024: €-6.64 Million EUR
Based on the latest financial reports, AB Snaige (ZS4) has net assets worth €-6.64 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.87 Million) and total liabilities (€21.51 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 | €-6.64 Million |
| % of Total Assets | -44.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | -123.11% |
| 10-Year Change | N/A |
| Growth Volatility | 67.6 |
AB Snaige - Net Assets Trend (2013–2022)
This chart illustrates how AB Snaige's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AB Snaige (2013–2022)
The table below shows the annual net assets of AB Snaige from 2013 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €-1.60 Million | -144.87% |
| 2021-12-31 | €3.57 Million | -35.58% |
| 2020-12-31 | €5.54 Million | +2.84% |
| 2019-12-31 | €5.39 Million | -22.27% |
| 2018-12-31 | €6.93 Million | +13.45% |
| 2017-12-31 | €6.11 Million | -68.87% |
| 2016-12-31 | €19.63 Million | +113.70% |
| 2015-12-31 | €9.19 Million | +5.14% |
| 2014-12-31 | €8.74 Million | -73.40% |
| 2013-12-31 | €32.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AB Snaige'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 164100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €14.19 Million | % |
| Total Equity | €-1.60 Million | 100.00% |
AB Snaige Competitors by Market Cap
The table below lists competitors of AB Snaige ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BITTIUM (JOT.SG)
STU:JOT
|
$318.66K |
|
AZIMUT HOLDING - Dusseldorf Stock Exchang
DU:HDB
|
$318.78K |
|
Aoyama Trading Co Ltd
PINK:AYAMF
|
$319.04K |
|
Gavari Properties SOCIMI S.A.
MC:YGAV
|
$319.51K |
|
Klimat X Developments Inc.
V:KLX
|
$318.33K |
|
Siemens Energy India Limited
NSE:ENRIN
|
$318.13K |
|
Altamira Therapeutics Ltd
NASDAQ:CYTO
|
$317.98K |
|
MITSUI O.S.K.LINES - Dusseldorf Stock Exchang
DU:MILA
|
$317.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB Snaige's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 3,570,000 to -1,602,000, a change of -5,172,000 (-144.9%).
- Net loss of 5,170,000 reduced equity.
- Other factors decreased equity by 2,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.17 Million | -322.72% |
| Other Changes | €-2.00K | -0.12% |
| Total Change | €- | -144.87% |
Book Value vs Market Value Analysis
This analysis compares AB Snaige'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.15 | €0.09 | x |
| 2018-12-31 | €0.17 | €0.09 | x |
| 2019-12-31 | €0.14 | €0.09 | x |
| 2020-12-31 | €0.14 | €0.09 | x |
| 2021-12-31 | €0.09 | €0.09 | x |
| 2022-12-31 | €-0.04 | €0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB Snaige 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.36%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-33.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -26.82% | -5.10% | 1.67x | 3.14x | €-12.10 Million |
| 2014 | -8.63% | -1.79% | 1.36x | 3.55x | €-1.63 Million |
| 2015 | 4.84% | 0.98% | 1.30x | 3.80x | €-473.70K |
| 2016 | 6.15% | 3.03% | 0.95x | 2.14x | €-756.30K |
| 2017 | -216.61% | -33.77% | 1.34x | 4.80x | €-13.85 Million |
| 2018 | -5.91% | -1.09% | 1.23x | 4.42x | €-1.10 Million |
| 2019 | -31.27% | -5.23% | 1.26x | 4.74x | €-2.22 Million |
| 2020 | 2.85% | 0.54% | 1.19x | 4.47x | €-396.20K |
| 2021 | -55.29% | -5.89% | 1.28x | 7.37x | €-2.33 Million |
| 2022 | 0.00% | -24.36% | 1.05x | 0.00x | €-5.01 Million |
Industry Comparison
This section compares AB Snaige's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $12,102,940,984
- Average return on equity (ROE) among peers: 12.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB Snaige (ZS4) | €-6.64 Million | -26.82% | N/A | $318.54K |
| Maxell Holdings Ltd (0H2) | $83.60 Billion | -11.21% | 1.11x | $371.43 Million |
| B&C Speakers S.p.A (37B) | $46.21 Million | 30.28% | 0.87x | $70.58 Million |
| We.Connect SA (77P) | $36.13 Million | 17.59% | 2.74x | $12.78 Million |
| artec technologies AG (A6T) | $3.88 Million | 1.10% | 0.07x | $18.85K |
| Fujikon Industrial Holdings Limited (FUK) | $672.04 Million | 2.55% | 0.40x | $9.32 Million |
| Medion AG (MDN) | $364.82 Million | 25.04% | 1.30x | $12.96 Million |
| TC Unterhaltungselektronik AG (TCU) | $506.08K | 20.27% | 2.03x | $34.60K |