Lumine Group Inc. (LMN) - Net Assets
Based on the latest financial reports, Lumine Group Inc. (LMN) has net assets worth CA$634.24 Million CAD (≈ $458.80 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.27 Billion ≈ $920.06 Million USD) and total liabilities (CA$637.64 Million ≈ $461.26 Million USD). 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. Read Lumine Group Inc. (LMN) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$634.24 Million |
| % of Total Assets | 49.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1293.95 |
Lumine Group Inc. - Net Assets Trend (2021–2023)
This chart illustrates how Lumine Group Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Lumine Group Inc. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Lumine Group Inc. (2021–2023)
The table below shows the annual net assets of Lumine Group Inc. from 2021 to 2023. For live valuation and market cap data, see LMN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CA$-3.84 Billion ≈ $-2.78 Billion |
-2599.09% |
| 2022-12-31 | CA$153.78 Million ≈ $111.24 Million |
-11.19% |
| 2021-12-31 | CA$173.15 Million ≈ $125.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lumine Group Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 282114400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | CA$-3.84 Billion | 100.00% |
Lumine Group Inc. Competitors by Market Cap
The table below lists competitors of Lumine Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIELMANN AG (ADR/1/5)O.N.
F:FIE1
|
$3.83 Billion |
|
KINGDEE INT. UNS.ADR/100
F:KDID
|
$3.84 Billion |
|
Garrett Motion Inc
NASDAQ:GTX
|
$3.84 Billion |
|
MDA Ltd
TO:MDA
|
$3.84 Billion |
|
Cousins Properties Incorporated
NYSE:CUZ
|
$3.83 Billion |
|
GEPIC Energy Development Co Ltd
SHE:000791
|
$3.83 Billion |
|
Sichuan Hebang Biotechnology Co Ltd
SHG:603077
|
$3.83 Billion |
|
Ganzhou Tengyuan Cobalt New Material Co. Ltd.
SHE:301219
|
$3.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lumine Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 153,780,000 to -3,843,101,000, a change of -3,996,881,000 (-2599.1%).
- Net loss of 2,826,254,000 reduced equity.
- Dividend payments of 24,000 reduced retained earnings.
- New share issuances of 181,484,000 increased equity.
- Other factors decreased equity by 1,352,087,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.83 Billion | -73.54% |
| Dividends Paid | CA$24.00K | -0.0% |
| Share Issuances | CA$181.48 Million | +4.72% |
| Other Changes | CA$-1.35 Billion | -35.18% |
| Total Change | CA$- | -2599.09% |
Book Value vs Market Value Analysis
This analysis compares Lumine Group Inc.'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 |
|---|---|---|---|
| 2021-12-31 | CA$1.75 | CA$20.64 | x |
| 2022-12-31 | CA$2.08 | CA$20.64 | x |
| 2023-12-31 | CA$-51.88 | CA$20.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lumine Group Inc. 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: -565.63%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (11.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 15.86% | 12.03% | 0.70x | 1.90x | CA$10.15 Million |
| 2022 | 17.82% | 10.71% | 0.65x | 2.55x | CA$12.02 Million |
| 2023 | 0.00% | -565.63% | 0.44x | 0.00x | CA$-2.44 Billion |
Industry Comparison
This section compares Lumine Group Inc.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $26,501,998
- Average return on equity (ROE) among peers: 17.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lumine Group Inc. (LMN) | CA$634.24 Million | 15.86% | 1.01x | $3.83 Billion |
| Abaxx Technologies Inc (ABXX) | $-1.66 Million | 0.00% | 0.00x | $1.39 Billion |
| Adcore Inc (ADCO) | $9.73 Million | -22.96% | 0.49x | $10.05 Million |
| AnalytixInsight Inc (ALY) | $-2.59 Million | 0.00% | 0.00x | $1.76 Million |
| Agereh Technologies Inc (AUTO) | $-5.56 Million | 0.00% | 0.00x | $4.14 Million |
| Acceleware Ltd (AXE) | $1.09 Million | -101.21% | 0.71x | $11.79 Million |
| BLUERUSH Media Group Corp (BTV) | $2.19 Million | -8.31% | 1.01x | $356.37K |
| Boardwalktech Software Corp (BWLK) | $-3.36 Million | 0.00% | 0.00x | $2.80 Million |
| Computer Modelling Group Ltd. (CMG) | $4.89 Million | 29.94% | 0.90x | $231.91 Million |
| Constellation Software Inc. (CSU) | $259.83 Million | 39.68% | 4.52x | $37.43 Billion |
| NamSys Inc (CTZ) | $460.17K | 237.20% | 1.24x | $24.35 Million |
About Lumine Group Inc.
Lumine Group Inc. offers develops, installs, and customizes of software worldwide. It also provides related professional and support services. In addition, the company is involved in the sale of software licenses; and resale of third-party hardware. The company was founded in 2014 and is headquartered in Mississauga, Canada. Lumine Group Inc. is a subsidiary of Trapeze Software ULC.