Advanced Blockchain AG (BWQ) - Net Assets
Based on the latest financial reports, Advanced Blockchain AG (BWQ) has net assets worth €-128.34 Million EUR (≈ $-150.04 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 (€14.44 Million ≈ $16.88 Million USD) and total liabilities (€142.78 Million ≈ $166.92 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 asset resilience ratio of Advanced Blockchain AG to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-128.34 Million |
| % of Total Assets | -888.87% |
| Annual Growth Rate | 75.26% |
| 5-Year Change | 394.6% |
| 10-Year Change | N/A |
| Growth Volatility | 201.11 |
Advanced Blockchain AG - Net Assets Trend (2016–2023)
This chart illustrates how Advanced Blockchain AG's net assets have evolved over time, based on quarterly financial data. Also explore how large is Advanced Blockchain AG's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Advanced Blockchain AG (2016–2023)
The table below shows the annual net assets of Advanced Blockchain AG from 2016 to 2023. For live valuation and market cap data, see Advanced Blockchain AG market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €9.56 Million ≈ $11.17 Million |
-36.01% |
| 2022-12-31 | €14.93 Million ≈ $17.46 Million |
+23.96% |
| 2021-12-31 | €12.05 Million ≈ $14.08 Million |
+482.36% |
| 2020-12-31 | €2.07 Million ≈ $2.42 Million |
+7.06% |
| 2019-12-31 | €1.93 Million ≈ $2.26 Million |
+70.77% |
| 2018-12-31 | €1.13 Million ≈ $1.32 Million |
+13.73% |
| 2017-12-31 | €994.89K ≈ $1.16 Million |
+428.21% |
| 2016-12-31 | €188.35K ≈ $220.20K |
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Equity Component Analysis
This analysis shows how different components contribute to Advanced Blockchain 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 140412400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.40 Million | 14.69% |
| Common Stock | €3.79 Million | 39.71% |
| Other Comprehensive Income | €4.45 Million | 46.57% |
| Total Equity | €9.56 Million | 100.00% |
Advanced Blockchain AG Competitors by Market Cap
The table below lists competitors of Advanced Blockchain AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TechnoDex Bhd
KLSE:0132
|
$8.90 Million |
|
Visionary Gold Corp
V:VIZ
|
$8.90 Million |
|
Substrate AI S.A.
MC:SAI
|
$8.90 Million |
|
Aakash Exploration Services Limited
NSE:AAKASH
|
$8.90 Million |
|
Robot S.A.
MC:RBT
|
$8.89 Million |
|
UV Germi SA
PA:ALUVI
|
$8.88 Million |
|
TALKPOOL AG SF-05
F:TKPL
|
$8.88 Million |
|
Czerwona Torebka
WAR:CZT
|
$8.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Blockchain AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 14,933,982 to 9,556,585, a change of -5,377,397 (-36.0%).
- Net income of 884,734 contributed positively to equity growth.
- Other comprehensive income decreased equity by 463,310.
- Other factors decreased equity by 5,798,821.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €884.73K | +9.26% |
| Other Comprehensive Income | €-463.31K | -4.85% |
| Other Changes | €-5.80 Million | -60.68% |
| Total Change | €- | -36.01% |
Book Value vs Market Value Analysis
This analysis compares Advanced Blockchain 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: 0.78x
- 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 35.99x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | €0.06 | €2.01 | x |
| 2017-12-31 | €0.29 | €2.01 | x |
| 2018-12-31 | €0.33 | €2.01 | x |
| 2019-12-31 | €0.57 | €2.01 | x |
| 2020-12-31 | €0.61 | €2.01 | x |
| 2021-12-31 | €3.67 | €2.01 | x |
| 2022-12-31 | €3.94 | €2.01 | x |
| 2023-12-31 | €2.58 | €2.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Blockchain 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): 9.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 485.58%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.43x
- Recent ROE (9.26%) is above the historical average (-5.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1.04% | 0.00% | 0.00x | 1.00x | €-20.79K |
| 2017 | -5.87% | -116827.22% | 0.00x | 1.04x | €-157.90K |
| 2018 | -80.69% | -450.19% | 0.16x | 1.12x | €-1.03 Million |
| 2019 | -17.25% | -63.99% | 0.24x | 1.14x | €-526.50K |
| 2020 | -2.71% | -4.93% | 0.54x | 1.01x | €-262.93K |
| 2021 | 44.40% | 31.96% | 0.83x | 1.68x | €4.31 Million |
| 2022 | 12.54% | 12.56% | 0.66x | 1.51x | €379.60K |
| 2023 | 9.26% | 485.58% | 0.01x | 1.43x | €-70.92K |
Industry Comparison
This section compares Advanced Blockchain AG's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $290,032,055
- Average return on equity (ROE) among peers: -50.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Blockchain AG (BWQ) | €-128.34 Million | -1.04% | N/A | $8.89 Million |
| Materialise NV (06MA) | $82.95 Million | -3.38% | 0.74x | $301.24 Million |
| Patriot One Technologies Inc (0PL) | $14.74 Million | -110.81% | 0.29x | $81.70 Million |
| AXWAY SOFTWARE EO 2 (1XV) | $532.39 Million | 7.63% | 1.33x | $965.69 Million |
| Spyrosoft Spólka Akcyjna (2NP) | $46.83 Million | 31.35% | 0.77x | $111.02 Million |
| WEIMOB INC. DL-0001 (36W) | $1.99 Billion | 15.68% | 0.66x | $704.54 Million |
| INSURAGUEST TECHN. INC. (4JG) | $453.79K | -310.70% | 0.59x | $99.69K |
| Envirosuite Limited (57P) | $125.72 Million | -10.50% | 0.20x | $67.90 Million |
| COINSILIUM GROUP LTD (5CT) | $3.18 Million | -31.09% | 0.06x | $6.94 Million |
| BIG TECHNOLOGIES LS-10 (7I8) | $91.29 Million | -25.40% | 0.58x | $318.53 Million |
| ETHERNITY NETW.(DI) -001 (82N) | $12.96 Million | -72.25% | 0.50x | $100.00K |
About Advanced Blockchain AG
Advanced Blockchain AG operates as an exchange-traded blockchain venture studio. It's investment portfolio includes Polkadot, a web 3.0 blockchain interoperability platform; Element Finance, an open-source protocol for fixed and variable yield markets; Neon Labs, an ethereum virtual machine on Solana; Obol Network, a staking infrastructure provider built; Energy Web Foundation that promotes value… Read more