2G Energy AG (2GB) - Net Assets
Based on the latest financial reports, 2G Energy AG (2GB) has net assets worth €143.33 Million EUR (≈ $167.56 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€263.52 Million ≈ $308.08 Million USD) and total liabilities (€120.19 Million ≈ $140.51 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. Check 2G Energy AG (2GB) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €143.33 Million |
| % of Total Assets | 54.39% |
| Annual Growth Rate | 15.54% |
| 5-Year Change | 86.68% |
| 10-Year Change | 177.68% |
| Growth Volatility | 18.8 |
2G Energy AG - Net Assets Trend (2007–2024)
This chart illustrates how 2G Energy AG's net assets have evolved over time, based on quarterly financial data. See 2G Energy AG (2GB) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for 2G Energy AG (2007–2024)
The table below shows the annual net assets of 2G Energy AG from 2007 to 2024. For live valuation and market cap data, see 2GB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €146.19 Million ≈ $170.91 Million |
+17.90% |
| 2023-12-31 | €123.99 Million ≈ $144.96 Million |
+14.16% |
| 2022-12-31 | €108.62 Million ≈ $126.98 Million |
+14.89% |
| 2021-12-31 | €94.54 Million ≈ $110.53 Million |
+20.72% |
| 2020-12-31 | €78.31 Million ≈ $91.55 Million |
+14.29% |
| 2019-12-31 | €68.52 Million ≈ $80.11 Million |
+11.32% |
| 2018-12-31 | €61.56 Million ≈ $71.97 Million |
+10.49% |
| 2017-12-31 | €55.71 Million ≈ $65.13 Million |
+5.28% |
| 2016-12-31 | €52.92 Million ≈ $61.86 Million |
+0.51% |
| 2015-12-31 | €52.65 Million ≈ $61.55 Million |
+1.11% |
| 2014-12-31 | €52.07 Million ≈ $60.87 Million |
+10.43% |
| 2013-12-31 | €47.15 Million ≈ $55.13 Million |
-1.26% |
| 2012-12-31 | €47.75 Million ≈ $55.83 Million |
+25.09% |
| 2011-12-31 | €38.18 Million ≈ $44.63 Million |
+55.35% |
| 2010-12-31 | €24.57 Million ≈ $28.73 Million |
+70.21% |
| 2009-12-31 | €14.44 Million ≈ $16.88 Million |
+20.98% |
| 2008-12-31 | €11.93 Million ≈ $13.95 Million |
-4.86% |
| 2007-12-31 | €12.54 Million ≈ $14.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to 2G Energy 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 grown by 23004.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €124.51 Million | 85.18% |
| Common Stock | €17.94 Million | 12.27% |
| Other Comprehensive Income | €747.58K | 0.51% |
| Other Components | €2.98 Million | 2.04% |
| Total Equity | €146.18 Million | 100.00% |
2G Energy AG Competitors by Market Cap
The table below lists competitors of 2G Energy AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Phibro Animal Health Corporation
NASDAQ:PAHC
|
$671.04 Million |
|
Jai Balaji Industries Limited
NSE:JAIBALAJI
|
$671.46 Million |
|
Gansu Guofang Gongmao(Grp)
SHG:601086
|
$671.48 Million |
|
YALLA GROUP SP.ADS/1 CL.A
F:80Q
|
$671.61 Million |
|
Inti Bangun Sejahtera Tbk
JK:IBST
|
$670.86 Million |
|
Sprinklr Inc
NYSE:CXM
|
$670.82 Million |
|
2CRSI S.A.
PA:AL2SI
|
$670.79 Million |
|
Contec Medical Systems Co Ltd
SHE:300869
|
$670.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 2G Energy AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 123,988,452 to 146,179,851, a change of 22,191,399 (17.9%).
- Net income of 23,664,946 contributed positively to equity growth.
- Dividend payments of 3,049,800 reduced retained earnings.
- Other comprehensive income increased equity by 1,589,558.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €23.66 Million | +16.19% |
| Dividends Paid | €3.05 Million | -2.09% |
| Other Comprehensive Income | €1.59 Million | +1.09% |
| Other Changes | €-13.30K | -0.01% |
| Total Change | €- | 17.90% |
Book Value vs Market Value Analysis
This analysis compares 2G Energy 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: 8.58x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 89.83x to 8.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | €0.78 | €69.90 | x |
| 2008-12-31 | €0.74 | €69.90 | x |
| 2009-12-31 | €0.90 | €69.90 | x |
| 2010-12-31 | €1.40 | €69.90 | x |
| 2011-12-31 | €2.13 | €69.90 | x |
| 2012-12-31 | €2.68 | €69.90 | x |
| 2013-12-31 | €2.64 | €69.90 | x |
| 2014-12-31 | €2.89 | €69.90 | x |
| 2015-12-31 | €2.94 | €69.90 | x |
| 2016-12-31 | €2.95 | €69.90 | x |
| 2017-12-31 | €3.11 | €69.90 | x |
| 2018-12-31 | €3.48 | €69.90 | x |
| 2019-12-31 | €3.87 | €69.90 | x |
| 2020-12-31 | €4.42 | €69.90 | x |
| 2021-12-31 | €5.27 | €69.90 | x |
| 2022-12-31 | €6.06 | €69.90 | x |
| 2023-12-31 | €6.91 | €69.90 | x |
| 2024-12-31 | €8.15 | €69.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 2G Energy 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): 16.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.30%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.90x
- Recent ROE (16.19%) is above the historical average (13.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 4.30% | 2.62% | 1.14x | 1.44x | €-715.48K |
| 2008 | -5.13% | -2.89% | 1.02x | 1.75x | €-1.80 Million |
| 2009 | 17.34% | 4.91% | 1.69x | 2.09x | €1.06 Million |
| 2010 | 26.39% | 7.05% | 1.86x | 2.01x | €4.02 Million |
| 2011 | 34.98% | 7.89% | 1.99x | 2.23x | €9.42 Million |
| 2012 | 24.05% | 7.80% | 1.55x | 1.99x | €6.67 Million |
| 2013 | 1.91% | 0.71% | 1.42x | 1.90x | €-3.78 Million |
| 2014 | 12.66% | 3.48% | 2.01x | 1.81x | €1.37 Million |
| 2015 | 5.32% | 1.82% | 1.59x | 1.84x | €-2.44 Million |
| 2016 | 3.44% | 1.03% | 1.56x | 2.13x | €-3.43 Million |
| 2017 | 9.08% | 2.64% | 1.63x | 2.11x | €-507.15K |
| 2018 | 12.35% | 3.58% | 1.68x | 2.05x | €1.43 Million |
| 2019 | 15.04% | 4.36% | 1.68x | 2.06x | €3.45 Million |
| 2020 | 15.28% | 4.85% | 1.68x | 1.87x | €4.13 Million |
| 2021 | 13.33% | 4.73% | 1.57x | 1.79x | €3.15 Million |
| 2022 | 15.08% | 5.24% | 1.48x | 1.95x | €5.52 Million |
| 2023 | 14.48% | 4.92% | 1.61x | 1.83x | €5.55 Million |
| 2024 | 16.19% | 6.30% | 1.35x | 1.90x | €9.05 Million |
Industry Comparison
This section compares 2G Energy AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $8,717,164,359
- Average return on equity (ROE) among peers: 7.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 2G Energy AG (2GB) | €143.33 Million | 4.30% | 0.84x | $670.96 Million |
| DB ENERGY S.A. ZY -10 (0CJ) | $25.54 Million | -27.39% | 1.77x | $6.87 Million |
| MORIMATSU INT.H.C. (HK) (1S5) | $2.01 Billion | 19.02% | 1.84x | $983.88 Million |
| Eaton Corporation PLC (3EC) | $14.97 Billion | 9.42% | 1.13x | $131.40 Billion |
| M+S HIDRAVLIK AD BW 1 (8Q3) | $130.35 Million | 27.36% | 0.27x | $197.17 Million |
| MERUS POWER OYJ EO 1 (99H) | $10.40 Million | -10.72% | 1.77x | $35.09 Million |
| Aumann AG (AAG) | $203.16 Million | 5.41% | 0.61x | $174.31 Million |
| Atlas Copco A ADR (ACO) | $53.53 Billion | 27.61% | 1.12x | $64.34 Billion |
| ATS CORP. (ATO0) | $1.68 Billion | 11.50% | 1.43x | $2.77 Billion |
| Chongqing Machinery & Electric Co. Ltd (CE3) | $5.89 Billion | 8.61% | 1.18x | $349.86 Million |
About 2G Energy AG
2G Energy AG, together with its subsidiaries, manufactures and provides decentralized energy supply systems in Germany and internationally. The company offers g-box, a natural gas combined heat and power (CHP) unit with an electrical output range of 20 kW to 50 kW; aura, a CHP unit with an output range from 100 kW to 420 kW; agenitor, a CHP unit with a capacity of 75 kW to 500 kW; avus, a CHP uni… Read more