Hochdorf Holding AG
Hocn AG, through its subsidiaries, provides semi-finished and finished food products for industrial customers and consumers worldwide. It primarily focuses on refining milk derivatives into specialized powders, semi-finished products, and by-products. The company also provides milk products mothers during pregnancy and the breast feeding period; infant and follow-on formula, milk for toddlers and… Read more
Hochdorf Holding AG (HOCN) - Net Assets
Latest net assets as of December 2024: CHF13.79 Million CHF
Based on the latest financial reports, Hochdorf Holding AG (HOCN) has net assets worth CHF13.79 Million CHF as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF16.03 Million) and total liabilities (CHF2.24 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 | CHF13.79 Million |
| % of Total Assets | 86.02% |
| Annual Growth Rate | -13.93% |
| 5-Year Change | -78.49% |
| 10-Year Change | -92.85% |
| Growth Volatility | 159.79 |
Hochdorf Holding AG - Net Assets Trend (2009–2024)
This chart illustrates how Hochdorf Holding AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hochdorf Holding AG (2009–2024)
The table below shows the annual net assets of Hochdorf Holding AG from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CHF13.79 Million | -91.27% |
| 2023-12-31 | CHF157.90 Million | +207.80% |
| 2022-12-31 | CHF51.30 Million | -23.24% |
| 2021-12-31 | CHF66.83 Million | +4.24% |
| 2020-12-31 | CHF64.11 Million | +109.47% |
| 2019-12-31 | CHF30.61 Million | -89.10% |
| 2018-12-31 | CHF280.85 Million | -9.19% |
| 2017-12-31 | CHF309.28 Million | +575.22% |
| 2016-12-31 | CHF45.80 Million | -76.24% |
| 2015-12-31 | CHF192.79 Million | +34.66% |
| 2014-12-31 | CHF143.17 Million | +37.96% |
| 2013-12-31 | CHF103.77 Million | +4.02% |
| 2012-12-31 | CHF99.76 Million | -27.36% |
| 2011-12-31 | CHF137.34 Million | +5.76% |
| 2010-12-31 | CHF129.86 Million | -0.74% |
| 2009-12-31 | CHF130.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hochdorf Holding AG'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 490.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CHF273.11 Million | 1980.65% |
| Total Equity | CHF13.79 Million | 100.00% |
Hochdorf Holding AG Competitors by Market Cap
The table below lists competitors of Hochdorf Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Visa Steel Limited
NSE:VISASTEEL
|
$3.31 Million |
|
AppTech Payments Corp. Warrant
NASDAQ:APCXW
|
$3.31 Million |
|
Galmed Pharmaceuticals Ltd
NASDAQ:GLMD
|
$3.31 Million |
|
Digitree Group S.A
WAR:DTR
|
$3.32 Million |
|
Goodyear Indonesia Tbk
JK:GDYR
|
$3.31 Million |
|
Gibb River Diamonds Limited
F:PHO
|
$3.31 Million |
|
Welgene Biotech Co.Ltd.
TWO:6661
|
$3.31 Million |
|
Sadbhav Infrastructure Project Limited
NSE:SADBHIN
|
$3.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hochdorf Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 157,893,000 to 13,789,000, a change of -144,104,000 (-91.3%).
- Net loss of 178,627,000 reduced equity.
- Other comprehensive income decreased equity by 20,256,000.
- Other factors increased equity by 54,779,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF-178.63 Million | -1295.43% |
| Other Comprehensive Income | CHF-20.26 Million | -146.9% |
| Other Changes | CHF54.78 Million | +397.27% |
| Total Change | CHF- | -91.27% |
Book Value vs Market Value Analysis
This analysis compares Hochdorf Holding AG'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: 0.25x
- 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 increased from 0.01x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CHF149.34 | CHF1.59 | x |
| 2010-12-31 | CHF147.44 | CHF1.59 | x |
| 2011-12-31 | CHF153.75 | CHF1.59 | x |
| 2012-12-31 | CHF77.11 | CHF1.59 | x |
| 2013-12-31 | CHF80.57 | CHF1.59 | x |
| 2014-12-31 | CHF105.59 | CHF1.59 | x |
| 2015-12-31 | CHF160.17 | CHF1.59 | x |
| 2016-12-31 | CHF22.83 | CHF1.59 | x |
| 2017-12-31 | CHF132.07 | CHF1.59 | x |
| 2018-12-31 | CHF119.44 | CHF1.59 | x |
| 2019-12-31 | CHF24.59 | CHF1.59 | x |
| 2020-12-31 | CHF31.59 | CHF1.59 | x |
| 2021-12-31 | CHF31.47 | CHF1.59 | x |
| 2022-12-31 | CHF24.13 | CHF1.59 | x |
| 2023-12-31 | CHF73.46 | CHF1.59 | x |
| 2024-12-31 | CHF6.42 | CHF1.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hochdorf Holding AG 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): -1295.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -74.06%
- • Asset Turnover: 15.04x
- • Equity Multiplier: 1.16x
- Recent ROE (-1295.43%) is below the historical average (-127.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -3.88% | -1.47% | 1.44x | 1.84x | CHF-18.14 Million |
| 2010 | 3.19% | 1.18% | 1.38x | 1.96x | CHF-8.82 Million |
| 2011 | 9.05% | 3.58% | 1.23x | 2.06x | CHF-1.30 Million |
| 2012 | -35.37% | -10.22% | 1.43x | 2.41x | CHF-45.10 Million |
| 2013 | 5.92% | 1.63% | 1.54x | 2.35x | CHF-4.23 Million |
| 2014 | 11.86% | 3.84% | 1.27x | 2.43x | CHF2.53 Million |
| 2015 | 7.33% | 2.48% | 1.60x | 1.84x | CHF-4.94 Million |
| 2016 | 61.87% | 3.68% | 1.27x | 13.21x | CHF16.71 Million |
| 2017 | 9.24% | 4.31% | 1.03x | 2.08x | CHF-2.13 Million |
| 2018 | 1.12% | 0.51% | 0.98x | 2.27x | CHF-22.49 Million |
| 2019 | -669.26% | -52.36% | 1.00x | 12.75x | CHF-242.77 Million |
| 2020 | -109.54% | -22.90% | 0.95x | 5.06x | CHF-76.54 Million |
| 2021 | 3.82% | 0.84% | 1.03x | 4.39x | CHF-4.13 Million |
| 2022 | -30.83% | -5.41% | 1.03x | 5.53x | CHF-20.92 Million |
| 2023 | -6.47% | -3.32% | 1.13x | 1.72x | CHF-26.00 Million |
| 2024 | -1295.43% | -74.06% | 15.04x | 1.16x | CHF-180.01 Million |
Industry Comparison
This section compares Hochdorf Holding AG's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $14,920,318,000
- Average return on equity (ROE) among peers: 10.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hochdorf Holding AG (HOCN) | CHF13.79 Million | -3.88% | 0.16x | $3.31 Million |
| Bell AG (BELL) | $977.80 Million | 10.29% | 1.19x | $913.76 Million |
| HT5 N LTD (HT5) | $66.83 Million | 3.82% | 3.39x | $29.60K |
| Nestlé S.A. (NESN) | $58.40 Billion | 17.35% | 1.35x | $226.90 Billion |
| Orior AG (ORON) | $233.64 Million | 10.94% | 0.71x | $77.53 Million |