Bitcoin Group SE
Bitcoin Group SE, an investment holding company, engages in the cryptocurrency and blockchain businesses internationally. The company operates a trading platform for the digital currencies under the Bitcoin.de. It also provides financial services. The company was founded in 2008 and is based in Herford, Germany. Bitcoin Group SE is a subsidiary of Priority AG.
Bitcoin Group SE (ADE) - Net Assets
Latest net assets as of June 2025: €269.72 Million EUR
Based on the latest financial reports, Bitcoin Group SE (ADE) has net assets worth €269.72 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€372.24 Million) and total liabilities (€102.52 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 | €269.72 Million |
| % of Total Assets | 72.46% |
| Annual Growth Rate | 3.08% |
| 5-Year Change | 247.09% |
| 10-Year Change | 5001.37% |
| Growth Volatility | 640.07 |
Bitcoin Group SE - Net Assets Trend (2007–2024)
This chart illustrates how Bitcoin Group SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bitcoin Group SE (2007–2024)
The table below shows the annual net assets of Bitcoin Group SE from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €278.20 Million | +101.72% |
| 2023-12-31 | €137.91 Million | +88.02% |
| 2022-12-31 | €73.35 Million | -51.63% |
| 2021-12-31 | €151.65 Million | +89.21% |
| 2020-12-31 | €80.15 Million | +163.45% |
| 2019-12-31 | €30.42 Million | +48.13% |
| 2018-12-31 | €20.54 Million | -46.22% |
| 2017-12-31 | €38.19 Million | +527.81% |
| 2016-12-31 | €6.08 Million | +11.55% |
| 2015-12-31 | €5.45 Million | +12.43% |
| 2014-12-31 | €4.85 Million | +2478.61% |
| 2013-12-31 | €188.10K | -31.47% |
| 2012-12-31 | €274.50K | +101.72% |
| 2010-12-31 | €-15.97 Million | +23.95% |
| 2009-12-31 | €-21.00 Million | -114.58% |
| 2008-12-31 | €144.00 Million | -13.25% |
| 2007-12-31 | €166.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bitcoin Group SE'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 5892759200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €33.93 Million | 12.20% |
| Common Stock | €5.00 Million | 1.80% |
| Other Comprehensive Income | €239.27 Million | 86.01% |
| Other Components | €1.00 | 0.00% |
| Total Equity | €278.20 Million | 100.00% |
Bitcoin Group SE Competitors by Market Cap
The table below lists competitors of Bitcoin Group SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allcargo Gati Limited
NSE:ACLGATI
|
$113.19 Million |
|
Greenyard NV
BR:GREEN
|
$113.20 Million |
|
SunHydrogen Inc.
PINK:HYSR
|
$113.26 Million |
|
Eurocash S.A.
WAR:EUR
|
$113.27 Million |
|
Legacy Education Inc.
NYSE MKT:LGCY
|
$113.14 Million |
|
Prakash Industries Limited
NSE:PRAKASH
|
$113.14 Million |
|
Smart Sand Inc
NASDAQ:SND
|
$113.11 Million |
|
TIANYUN INTL. HLDG. LTD
F:5Q3
|
$113.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bitcoin Group SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 137,913,385 to 278,197,152, a change of 140,283,767 (101.7%).
- Net income of 1,793,050 contributed positively to equity growth.
- Dividend payments of 500,000 reduced retained earnings.
- Other comprehensive income increased equity by 138,990,717.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.79 Million | +0.64% |
| Dividends Paid | €500.00K | -0.18% |
| Other Comprehensive Income | €138.99 Million | +49.96% |
| Total Change | €- | 101.72% |
Book Value vs Market Value Analysis
This analysis compares Bitcoin Group SE'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: 0.53x
- 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 117.60x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | €0.25 | €29.40 | x |
| 2011-12-31 | €0.25 | €29.40 | x |
| 2012-12-31 | €0.91 | €29.40 | x |
| 2013-12-31 | €0.63 | €29.40 | x |
| 2014-12-31 | €0.50 | €29.40 | x |
| 2015-12-31 | €1.09 | €29.40 | x |
| 2016-12-31 | €1.07 | €29.40 | x |
| 2017-12-31 | €7.64 | €29.40 | x |
| 2018-12-31 | €4.11 | €29.40 | x |
| 2019-12-31 | €6.08 | €29.40 | x |
| 2020-12-31 | €16.03 | €29.40 | x |
| 2021-12-31 | €30.33 | €29.40 | x |
| 2022-12-31 | €14.67 | €29.40 | x |
| 2023-12-31 | €27.58 | €29.40 | x |
| 2024-12-31 | €55.64 | €29.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bitcoin Group SE 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): 0.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.13%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.38x
- Recent ROE (0.64%) is below the historical average (385776.08%), 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 | 5833333.33% | 26.92% | 216666.67x | 1.00x | €7.00 Million |
| 2010 | -46666.67% | -56.00% | 833.33x | 1.00x | €-14.00 Million |
| 2012 | -9.29% | 0.00% | 0.00x | 1.01x | €-52.95K |
| 2013 | -45.93% | 0.00% | 0.00x | 1.03x | €-105.20K |
| 2014 | -25.33% | 0.00% | 0.00x | 32.39x | €-53.00K |
| 2015 | -0.30% | -2.07% | 0.13x | 1.07x | €-561.44K |
| 2016 | 1.88% | 10.14% | 0.17x | 1.12x | €-494.16K |
| 2017 | 19.51% | 58.90% | 0.24x | 1.39x | €3.63 Million |
| 2018 | 7.53% | 13.64% | 0.47x | 1.17x | €-507.64K |
| 2019 | 7.08% | 33.72% | 0.16x | 1.30x | €-889.24K |
| 2020 | 11.88% | 63.32% | 0.14x | 1.36x | €1.50 Million |
| 2021 | 8.82% | 52.67% | 0.12x | 1.37x | €-1.79 Million |
| 2022 | -3.28% | -27.86% | 0.09x | 1.29x | €-9.74 Million |
| 2023 | 1.40% | 24.98% | 0.04x | 1.34x | €-11.86 Million |
| 2024 | 0.64% | 19.13% | 0.02x | 1.38x | €-26.03 Million |
Industry Comparison
This section compares Bitcoin Group SE's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $23,105,982,113
- Average return on equity (ROE) among peers: -14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bitcoin Group SE (ADE) | €269.72 Million | 5833333.33% | 0.38x | $113.17 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.16 Billion | 1.36% | 6.34x | $1.17 Billion |
| Anima Holding SpA (124) | $1.26 Billion | 11.57% | 0.78x | $176.71 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $8.13K |
| GOAT Industries Ltd. (26B) | $10.81 Million | -56.27% | 0.02x | $2.16K |
| Hunter Capital AB (publ) (2DD0) | $28.23 Million | -45.64% | 0.45x | $2.66 Million |
| ALDER RESOURCES VTG (2JA) | $12.56 Million | 2.19% | 0.94x | $6.72 Million |
| 3330 (3330) | $577.92K | -45.47% | 0.58x | $2.73 Million |
| Federated Hermes Inc (3KC) | $657.71 Million | 25.82% | 0.81x | $3.55 Billion |
| 47U0 (47U0) | $250.00 Million | 7.21% | 0.13x | $131.18 Million |
| MOH Nippon Plc (4HS) | $5.68 Billion | -25.84% | 0.11x | $2.82 Million |