Swatch Group AG Class N
The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components in Switzerland, rest of Europe, Greater China, rest of Asia, America, Oceania, and Africa. It operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. Its Electronic Systems segment en… Read more
Swatch Group AG Class N (UHRN) - Net Assets
Latest net assets as of December 2025: CHF11.65 Billion CHF
Based on the latest financial reports, Swatch Group AG Class N (UHRN) has net assets worth CHF11.65 Billion CHF as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF13.38 Billion) and total liabilities (CHF1.72 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 | CHF11.65 Billion |
| % of Total Assets | 87.13% |
| Annual Growth Rate | 5.21% |
| 5-Year Change | 0.42% |
| 10-Year Change | 5.25% |
| Growth Volatility | 5.91 |
Swatch Group AG Class N - Net Assets Trend (1997–2025)
This chart illustrates how Swatch Group AG Class N's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Swatch Group AG Class N (1997–2025)
The table below shows the annual net assets of Swatch Group AG Class N from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CHF11.65 Billion | -4.61% |
| 2024-12-31 | CHF12.22 Billion | -0.33% |
| 2023-12-31 | CHF12.26 Billion | +1.72% |
| 2022-12-31 | CHF12.05 Billion | +3.84% |
| 2021-12-31 | CHF11.61 Billion | +5.84% |
| 2020-12-31 | CHF10.96 Billion | -4.59% |
| 2019-12-31 | CHF11.49 Billion | +1.94% |
| 2018-12-31 | CHF11.27 Billion | -0.13% |
| 2017-12-31 | CHF11.29 Billion | +1.95% |
| 2016-12-31 | CHF11.07 Billion | -1.50% |
| 2015-12-31 | CHF11.24 Billion | +5.32% |
| 2014-12-31 | CHF10.67 Billion | +11.49% |
| 2013-12-31 | CHF9.57 Billion | +2.46% |
| 2012-12-31 | CHF9.34 Billion | +15.77% |
| 2011-12-31 | CHF8.07 Billion | +13.66% |
| 2010-12-31 | CHF7.10 Billion | +18.73% |
| 2009-12-31 | CHF5.98 Billion | +9.72% |
| 2008-12-31 | CHF5.45 Billion | +2.29% |
| 2007-12-31 | CHF5.33 Billion | +7.29% |
| 2006-12-31 | CHF4.97 Billion | +7.91% |
| 2005-12-31 | CHF4.60 Billion | +7.65% |
| 2004-12-31 | CHF4.28 Billion | +6.47% |
| 2003-12-31 | CHF4.02 Billion | +12.94% |
| 2002-12-31 | CHF3.56 Billion | +8.41% |
| 2001-12-31 | CHF3.28 Billion | +3.34% |
| 2000-12-31 | CHF3.17 Billion | +10.52% |
| 1999-12-31 | CHF2.87 Billion | -3.82% |
| 1998-12-31 | CHF2.99 Billion | +6.15% |
| 1997-12-31 | CHF2.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Swatch Group AG Class N'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 847.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF15.04 Billion | 130.12% |
| Common Stock | CHF118.00 Million | 1.02% |
| Other Comprehensive Income | CHF-3.52 Billion | -30.44% |
| Total Equity | CHF11.56 Billion | 100.00% |
Swatch Group AG Class N Competitors by Market Cap
The table below lists competitors of Swatch Group AG Class N ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Jia Yuan Technology Co Ltd
SHG:688388
|
$1.89 Billion |
|
Christian Dior SE
PINK:CHDRF
|
$1.89 Billion |
|
Suzhou Zelgen Biopharmaceuticals Co Ltd
SHG:688266
|
$1.89 Billion |
|
Diamondrock Hospitality Company Common Stock
NYSE:DRH
|
$1.89 Billion |
|
CENTESSA PHARMACEUTICALS
F:260
|
$1.89 Billion |
|
BELLRING BRANDS DL-01
F:D51
|
$1.89 Billion |
|
Kaiser Aluminum Corporation
NASDAQ:KALU
|
$1.89 Billion |
|
Cia de Distribucion Integral
MC:LOG
|
$1.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Swatch Group AG Class N's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,112,000,000 to 11,561,000,000, a change of -551,000,000 (-4.5%).
- Net income of 3,000,000 contributed positively to equity growth.
- Dividend payments of 234,000,000 reduced retained earnings.
- Share repurchases of 30,000,000 reduced equity.
- Other comprehensive income decreased equity by 371,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF3.00 Million | +0.03% |
| Dividends Paid | CHF234.00 Million | -2.02% |
| Share Repurchases | CHF30.00 Million | -0.26% |
| Other Comprehensive Income | CHF-371.00 Million | -3.21% |
| Other Changes | CHF81.00 Million | +0.7% |
| Total Change | CHF- | -4.55% |
Book Value vs Market Value Analysis
This analysis compares Swatch Group AG Class N'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: 0.16x
- 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 3.78x to 0.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CHF9.21 | CHF34.82 | x |
| 1998-12-31 | CHF9.05 | CHF34.82 | x |
| 1999-12-31 | CHF9.12 | CHF34.82 | x |
| 2000-12-31 | CHF10.40 | CHF34.82 | x |
| 2001-12-31 | CHF10.94 | CHF34.82 | x |
| 2002-12-31 | CHF11.91 | CHF34.82 | x |
| 2003-12-31 | CHF13.47 | CHF34.82 | x |
| 2004-12-31 | CHF14.33 | CHF34.82 | x |
| 2005-12-31 | CHF15.40 | CHF34.82 | x |
| 2006-12-31 | CHF16.67 | CHF34.82 | x |
| 2007-12-31 | CHF17.85 | CHF34.82 | x |
| 2008-12-31 | CHF18.28 | CHF34.82 | x |
| 2009-12-31 | CHF20.06 | CHF34.82 | x |
| 2010-12-31 | CHF23.83 | CHF34.82 | x |
| 2011-12-31 | CHF27.08 | CHF34.82 | x |
| 2012-12-31 | CHF31.35 | CHF34.82 | x |
| 2013-12-31 | CHF31.97 | CHF34.82 | x |
| 2014-12-31 | CHF35.58 | CHF34.82 | x |
| 2015-12-31 | CHF40.45 | CHF34.82 | x |
| 2016-12-31 | CHF41.28 | CHF34.82 | x |
| 2017-12-31 | CHF42.50 | CHF34.82 | x |
| 2018-12-31 | CHF43.27 | CHF34.82 | x |
| 2019-12-31 | CHF44.19 | CHF34.82 | x |
| 2020-12-31 | CHF42.10 | CHF34.82 | x |
| 2021-12-31 | CHF44.55 | CHF34.82 | x |
| 2022-12-31 | CHF46.24 | CHF34.82 | x |
| 2023-12-31 | CHF47.03 | CHF34.82 | x |
| 2024-12-31 | CHF46.80 | CHF34.82 | x |
| 2025-12-31 | CHF222.74 | CHF34.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Swatch Group AG Class N 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): 0.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.05%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.16x
- Recent ROE (0.03%) is below the historical average (11.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 11.77% | 11.08% | 0.82x | 1.30x | CHF49.50 Million |
| 1998 | 12.00% | 11.21% | 0.76x | 1.40x | CHF59.60 Million |
| 1999 | 15.50% | 12.54% | 0.79x | 1.57x | CHF156.40 Million |
| 2000 | 20.63% | 15.76% | 0.92x | 1.42x | CHF335.40 Million |
| 2001 | 15.46% | 12.45% | 0.87x | 1.43x | CHF177.90 Million |
| 2002 | 13.95% | 12.56% | 0.82x | 1.35x | CHF139.90 Million |
| 2003 | 12.28% | 12.80% | 0.68x | 1.40x | CHF91.40 Million |
| 2004 | 12.02% | 12.86% | 0.66x | 1.41x | CHF85.90 Million |
| 2005 | 13.41% | 14.31% | 0.65x | 1.44x | CHF156.00 Million |
| 2006 | 16.68% | 17.16% | 0.70x | 1.39x | CHF331.20 Million |
| 2007 | 19.04% | 17.91% | 0.76x | 1.40x | CHF480.00 Million |
| 2008 | 15.34% | 14.69% | 0.78x | 1.33x | CHF290.40 Million |
| 2009 | 12.72% | 14.76% | 0.67x | 1.29x | CHF162.50 Million |
| 2010 | 15.15% | 17.58% | 0.71x | 1.22x | CHF365.30 Million |
| 2011 | 15.76% | 18.76% | 0.69x | 1.22x | CHF463.60 Million |
| 2012 | 17.16% | 20.52% | 0.69x | 1.20x | CHF667.50 Million |
| 2013 | 20.20% | 22.72% | 0.73x | 1.22x | CHF970.20 Million |
| 2014 | 13.08% | 15.89% | 0.68x | 1.20x | CHF325.70 Million |
| 2015 | 9.78% | 12.89% | 0.64x | 1.19x | CHF-25.00 Million |
| 2016 | 5.22% | 7.60% | 0.58x | 1.19x | CHF-524.70 Million |
| 2017 | 6.54% | 9.18% | 0.59x | 1.20x | CHF-387.10 Million |
| 2018 | 7.55% | 9.97% | 0.62x | 1.22x | CHF-273.50 Million |
| 2019 | 6.40% | 8.86% | 0.60x | 1.20x | CHF-410.50 Million |
| 2020 | -0.47% | -0.91% | 0.43x | 1.18x | CHF-1.14 Billion |
| 2021 | 6.63% | 10.46% | 0.53x | 1.19x | CHF-389.00 Million |
| 2022 | 6.73% | 10.76% | 0.54x | 1.16x | CHF-391.50 Million |
| 2023 | 7.12% | 11.02% | 0.55x | 1.17x | CHF-350.70 Million |
| 2024 | 1.59% | 2.87% | 0.48x | 1.16x | CHF-1.02 Billion |
| 2025 | 0.03% | 0.05% | 0.47x | 1.16x | CHF-1.15 Billion |
Industry Comparison
This section compares Swatch Group AG Class N's net assets metrics with peer companies in the Luxury Goods industry.
No peer company data available for comparison.