artnet AG Namens-Aktien o.N. (ART) - Net Assets
Based on the latest financial reports, artnet AG Namens-Aktien o.N. (ART) has net assets worth €22.99 Million EUR (≈ $26.88 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€52.68 Million ≈ $61.59 Million USD) and total liabilities (€29.69 Million ≈ $34.71 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 artnet AG Namens-Aktien o.N. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €22.99 Million |
| % of Total Assets | 43.64% |
| Annual Growth Rate | N/A |
| 5-Year Change | -32.29% |
| 10-Year Change | 389.59% |
| Growth Volatility | 513.7 |
artnet AG Namens-Aktien o.N. - Net Assets Trend (2002–2024)
This chart illustrates how artnet AG Namens-Aktien o.N.'s net assets have evolved over time, based on quarterly financial data. Also explore artnet AG Namens-Aktien o.N. total assets for the complete picture of this company's asset base.
Annual Net Assets for artnet AG Namens-Aktien o.N. (2002–2024)
The table below shows the annual net assets of artnet AG Namens-Aktien o.N. from 2002 to 2024. For live valuation and market cap data, see artnet AG Namens-Aktien o.N. (ART) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.27 Million ≈ $3.82 Million |
-24.59% |
| 2023-12-31 | €4.33 Million ≈ $5.06 Million |
-9.95% |
| 2022-12-31 | €4.81 Million ≈ $5.62 Million |
+9.21% |
| 2021-12-31 | €4.40 Million ≈ $5.15 Million |
-8.69% |
| 2020-12-31 | €4.82 Million ≈ $5.64 Million |
+50.96% |
| 2019-12-31 | €3.19 Million ≈ $3.73 Million |
+8.56% |
| 2018-12-31 | €2.94 Million ≈ $3.44 Million |
+73.54% |
| 2017-12-31 | €1.70 Million ≈ $1.98 Million |
+15.41% |
| 2016-12-31 | €1.47 Million ≈ $1.72 Million |
+120.30% |
| 2015-12-31 | €666.93K ≈ $779.71K |
+398.61% |
| 2014-12-31 | €-223.34K ≈ $-261.11K |
-110.09% |
| 2013-12-31 | €2.21 Million ≈ $2.59 Million |
-6.52% |
| 2012-12-31 | €2.37 Million ≈ $2.77 Million |
-50.16% |
| 2011-12-31 | €4.75 Million ≈ $5.56 Million |
+10.15% |
| 2010-12-31 | €4.31 Million ≈ $5.04 Million |
+17.73% |
| 2009-12-31 | €3.66 Million ≈ $4.28 Million |
-12.73% |
| 2008-12-31 | €4.20 Million ≈ $4.91 Million |
-4.53% |
| 2007-12-31 | €4.40 Million ≈ $5.14 Million |
+80.87% |
| 2006-12-31 | €2.43 Million ≈ $2.84 Million |
+2241.59% |
| 2005-12-31 | €103.86K ≈ $121.42K |
+109.83% |
| 2004-12-31 | €-1.06 Million ≈ $-1.23 Million |
-35.50% |
| 2003-12-31 | €-779.62K ≈ $-911.46K |
+7.06% |
| 2002-12-31 | €-838.82K ≈ $-980.67K |
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Equity Component Analysis
This analysis shows how different components contribute to artnet AG Namens-Aktien o.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 decreased by 277837600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €5.71 Million | 174.75% |
| Other Components | €52.45 Million | 1606.27% |
| Total Equity | €3.27 Million | 100.00% |
artnet AG Namens-Aktien o.N. Competitors by Market Cap
The table below lists competitors of artnet AG Namens-Aktien o.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aikchol Hospital Public Company Limited
BK:AHC
|
$64.48 Million |
|
JCH Systems Inc
KQ:033320
|
$64.53 Million |
|
Coheris SA
PA:COH
|
$64.53 Million |
|
Ascot Resources Ltd.
TO:AOT
|
$64.55 Million |
|
Amata VN PCL
BK:AMATAV
|
$64.45 Million |
|
Akoya Biosciences Inc
NASDAQ:AKYA
|
$64.44 Million |
|
Talenom Oyj
HE:TNOM
|
$64.44 Million |
|
Samick Music I
KO:002450
|
$64.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in artnet AG Namens-Aktien o.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,329,787 to 3,265,195, a change of -1,064,592 (-24.6%).
- Net loss of 1,396,391 reduced equity.
- Other comprehensive income decreased equity by 592,385.
- Other factors increased equity by 924,184.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.40 Million | -42.77% |
| Other Comprehensive Income | €-592.38K | -18.14% |
| Other Changes | €924.18K | +28.3% |
| Total Change | €- | -24.59% |
Book Value vs Market Value Analysis
This analysis compares artnet AG Namens-Aktien o.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: 19.75x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €-0.15 | €11.30 | x |
| 2003-12-31 | €-0.14 | €11.30 | x |
| 2004-12-31 | €-0.19 | €11.30 | x |
| 2005-12-31 | €0.02 | €11.30 | x |
| 2006-12-31 | €0.44 | €11.30 | x |
| 2007-12-31 | €0.77 | €11.30 | x |
| 2008-12-31 | €0.74 | €11.30 | x |
| 2009-12-31 | €0.66 | €11.30 | x |
| 2010-12-31 | €0.78 | €11.30 | x |
| 2011-12-31 | €0.86 | €11.30 | x |
| 2012-12-31 | €0.43 | €11.30 | x |
| 2013-12-31 | €0.40 | €11.30 | x |
| 2014-12-31 | €-0.04 | €11.30 | x |
| 2015-12-31 | €0.12 | €11.30 | x |
| 2016-12-31 | €0.26 | €11.30 | x |
| 2017-12-31 | €0.30 | €11.30 | x |
| 2018-12-31 | €0.53 | €11.30 | x |
| 2019-12-31 | €0.58 | €11.30 | x |
| 2020-12-31 | €0.87 | €11.30 | x |
| 2021-12-31 | €0.78 | €11.30 | x |
| 2022-12-31 | €0.85 | €11.30 | x |
| 2023-12-31 | €0.76 | €11.30 | x |
| 2024-12-31 | €0.57 | €11.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently artnet AG Namens-Aktien o.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): -42.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.28%
- • Asset Turnover: 1.71x
- • Equity Multiplier: 3.99x
- Recent ROE (-42.77%) is below the historical average (55.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | -12.75% | 2.03x | 0.00x | €-595.12K |
| 2003 | 0.00% | -13.38% | 3.50x | 0.00x | €-586.04K |
| 2004 | 0.00% | -10.38% | 3.88x | 0.00x | €-420.36K |
| 2005 | 1108.21% | 17.68% | 2.88x | 21.80x | €1.14 Million |
| 2007 | 51.22% | 20.48% | 1.59x | 1.57x | €1.81 Million |
| 2008 | -11.67% | -3.98% | 1.61x | 1.82x | €-909.96K |
| 2009 | -12.74% | -3.82% | 1.86x | 1.79x | €-833.48K |
| 2010 | 3.54% | 1.12% | 1.92x | 1.65x | €-278.55K |
| 2011 | 0.66% | 0.24% | 1.79x | 1.56x | €-443.77K |
| 2012 | -102.47% | -17.99% | 2.24x | 2.54x | €-2.66 Million |
| 2013 | 1.83% | 0.31% | 2.15x | 2.73x | €-180.93K |
| 2014 | 0.00% | -21.91% | 3.01x | 0.00x | €-3.02 Million |
| 2015 | 95.80% | 3.70% | 3.47x | 7.47x | €572.26K |
| 2016 | 43.10% | 3.64% | 3.15x | 3.76x | €486.28K |
| 2017 | 41.01% | 3.77% | 3.20x | 3.39x | €525.78K |
| 2018 | 35.48% | 5.70% | 2.41x | 2.58x | €749.74K |
| 2019 | -0.02% | 0.00% | 1.65x | 3.70x | €-320.07K |
| 2020 | 39.90% | 10.16% | 1.74x | 2.26x | €1.44 Million |
| 2021 | -18.08% | -3.81% | 1.93x | 2.46x | €-1.24 Million |
| 2022 | 2.51% | 0.48% | 1.73x | 3.00x | €-360.31K |
| 2023 | -23.19% | -4.30% | 1.85x | 2.91x | €-1.44 Million |
| 2024 | -42.77% | -6.28% | 1.71x | 3.99x | €-1.72 Million |
Industry Comparison
This section compares artnet AG Namens-Aktien o.N.'s net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $84,350,462,608
- Average return on equity (ROE) among peers: -28.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| artnet AG Namens-Aktien o.N. (ART) | €22.99 Million | 0.00% | 1.29x | $64.48 Million |
| JD.com Inc Adr (013A) | $313.30 Billion | 13.20% | 1.23x | $34.07 Billion |
| JD.com Inc. (013C) | $246.78 Billion | -1.44% | 1.01x | $38.44 Billion |
| Vipshop Holdings Limited (1VPA) | $22.25 Billion | 18.05% | 1.18x | $5.78 Billion |
| Baozun Inc (2BZA) | $5.78 Billion | -3.20% | 0.77x | $124.11 Million |
| GIGLIO.COM S.P.A. O.N. (5JR0) | $7.84 Million | -16.31% | 1.07x | $6.29 Million |
| MERCARI INC. UNSP.ADR/1/2 (6TP0) | $99.64 Billion | 26.21% | 4.46x | $3.35 Billion |
| Coupang Inc. (788) | $2.18 Billion | -70.91% | 2.97x | $33.56 Billion |
| D-MARKET E.S.+T.SP.ADR/1B (8WZ) | $3.37 Billion | -205.50% | 3.93x | $834.81 Million |
| MEITUAN UNSP.ADR/2B (9MDA) | $125.56 Billion | -18.75% | 0.92x | $58.22 Billion |
| Pinduoduo Inc (9PDA) | $24.65 Billion | -28.27% | 2.09x | $124.36 Billion |
About artnet AG Namens-Aktien o.N.
Artnet AG, through its subsidiary, operates as an online resource of art in the United States, Germany, and internationally. It operates through three segments: Data, Marketplace, and Media. The Data segment offers Price Database Fine Art and Design and the Price Database Decorative Art; market alerts; and analytics reports. The Marketplace segment includes Artnet Auctions, ArtNFT, and the Galler… Read more