CENIT Aktiengesellschaft (CSH) - Net Assets

Latest as of September 2025: €40.57 Million EUR ≈ $47.44 Million USD

Based on the latest financial reports, CENIT Aktiengesellschaft (CSH) has net assets worth €40.57 Million EUR (≈ $47.44 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€147.82 Million ≈ $172.82 Million USD) and total liabilities (€107.25 Million ≈ $125.38 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 CSH asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€40.57 Million
% of Total Assets	27.45%
Annual Growth Rate	8.45%
5-Year Change	15.4%
10-Year Change	23.74%
Growth Volatility	11.72

CENIT Aktiengesellschaft - Net Assets Trend (2002–2024)

This chart illustrates how CENIT Aktiengesellschaft's net assets have evolved over time, based on quarterly financial data. Also explore CSH current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for CENIT Aktiengesellschaft (2002–2024)

The table below shows the annual net assets of CENIT Aktiengesellschaft from 2002 to 2024. For live valuation and market cap data, see CENIT Aktiengesellschaft stock valuation.

Year	Net Assets	Change
2024-12-31	€49.30 Million ≈ $57.64 Million	+9.55%
2023-12-31	€45.00 Million ≈ $52.61 Million	+0.49%
2022-12-31	€44.78 Million ≈ $52.36 Million	+2.61%
2021-12-31	€43.65 Million ≈ $51.03 Million	+2.16%
2020-12-31	€42.72 Million ≈ $49.95 Million	+4.36%
2019-12-31	€40.94 Million ≈ $47.86 Million	+4.70%
2018-12-31	€39.10 Million ≈ $45.71 Million	-4.29%
2017-12-31	€40.85 Million ≈ $47.76 Million	+0.68%
2016-12-31	€40.58 Million ≈ $47.44 Million	+1.84%
2015-12-31	€39.84 Million ≈ $46.58 Million	+1.25%
2014-12-31	€39.35 Million ≈ $46.01 Million	+9.52%
2013-12-31	€35.93 Million ≈ $42.01 Million	+3.70%
2012-12-31	€34.65 Million ≈ $40.51 Million	+7.58%
2011-12-31	€32.21 Million ≈ $37.65 Million	+10.91%
2010-12-31	€29.04 Million ≈ $33.95 Million	+3.43%
2009-12-31	€28.07 Million ≈ $32.82 Million	+10.69%
2008-12-31	€25.36 Million ≈ $29.65 Million	-3.11%
2007-12-31	€26.18 Million ≈ $30.60 Million	+7.71%
2006-12-31	€24.30 Million ≈ $28.41 Million	+24.20%
2005-12-31	€19.57 Million ≈ $22.88 Million	+40.23%
2004-12-31	€13.96 Million ≈ $16.31 Million	+38.73%
2003-12-31	€10.06 Million ≈ $11.76 Million	+21.59%
2002-12-31	€8.27 Million ≈ $9.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to CENIT Aktiengesellschaft'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 21.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	€17.71 Million	42.00%
Common Stock	€8.37 Million	19.84%
Other Comprehensive Income	€15.04 Million	35.65%
Other Components	€1.06 Million	2.51%
Total Equity	€42.17 Million	100.00%

CENIT Aktiengesellschaft Competitors by Market Cap

The table below lists competitors of CENIT Aktiengesellschaft ranked by their market capitalization.

Company	Market Cap
Akin Tekstil AS IS:ATEKS	$53.06 Million
Yesil Gayrimenkul Yatirim Ortakligi AS IS:YGYO	$53.06 Million
Widodo Makmur Unggas Tbk PT JK:WMUU	$53.08 Million
Hyundai Engineering & Construction Co Ltd KO:000725	$53.11 Million
Optivision Technology TWO:3666	$53.05 Million
GSE Co. Ltd KQ:053050	$53.04 Million
Busan Ind KO:011390	$53.03 Million
Dae Hyun KO:016090	$52.97 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CENIT Aktiengesellschaft's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 42,335,000 to 42,173,000, a change of -162,000 (-0.4%).
Net loss of 71,000 reduced equity.
Dividend payments of 335,000 reduced retained earnings.
Other comprehensive income increased equity by 244,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-71.00K	-0.17%
Dividends Paid	€335.00K	-0.79%
Other Comprehensive Income	€244.00K	+0.58%
Total Change	€-	-0.38%

Book Value vs Market Value Analysis

This analysis compares CENIT Aktiengesellschaft'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: 1.32x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 6.72x to 1.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	€0.99	€6.64	x
2003-12-31	€1.20	€6.64	x
2004-12-31	€1.66	€6.64	x
2005-12-31	€2.33	€6.64	x
2006-12-31	€2.90	€6.64	x
2007-12-31	€3.13	€6.64	x
2008-12-31	€3.03	€6.64	x
2009-12-31	€3.36	€6.64	x
2010-12-31	€3.47	€6.64	x
2011-12-31	€3.85	€6.64	x
2012-12-31	€4.14	€6.64	x
2013-12-31	€4.29	€6.64	x
2014-12-31	€4.70	€6.64	x
2015-12-31	€4.76	€6.64	x
2016-12-31	€4.72	€6.64	x
2017-12-31	€4.73	€6.64	x
2018-12-31	€4.52	€6.64	x
2019-12-31	€4.76	€6.64	x
2020-12-31	€5.03	€6.64	x
2021-12-31	€5.12	€6.64	x
2022-12-31	€5.12	€6.64	x
2023-12-31	€5.06	€6.64	x
2024-12-31	€5.04	€6.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently CENIT Aktiengesellschaft 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): -0.17%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.03%
• Asset Turnover: 1.31x
• Equity Multiplier: 3.75x
Recent ROE (-0.17%) is below the historical average (19.18%), 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	89.38%	7.87%	3.42x	3.33x	€6.57 Million
2003	17.26%	2.46%	2.90x	2.41x	€730.10K
2004	27.96%	5.20%	2.63x	2.05x	€2.50 Million
2005	34.64%	9.08%	2.19x	1.74x	€4.80 Million
2007	23.36%	7.94%	2.10x	1.40x	€3.50 Million
2008	13.14%	4.00%	2.11x	1.55x	€797.60K
2009	9.72%	3.15%	1.98x	1.55x	€-79.50K
2010	10.36%	3.21%	1.89x	1.71x	€105.30K
2011	13.51%	4.04%	1.91x	1.75x	€1.13 Million
2012	15.64%	4.56%	2.01x	1.70x	€1.95 Million
2013	16.36%	4.94%	1.97x	1.68x	€2.29 Million
2014	16.16%	5.15%	1.84x	1.70x	€2.42 Million
2015	18.36%	6.02%	1.82x	1.68x	€3.33 Million
2016	20.45%	6.53%	1.71x	1.83x	€4.13 Million
2017	22.22%	5.80%	1.74x	2.20x	€4.84 Million
2018	15.73%	3.50%	2.15x	2.09x	€2.17 Million
2019	17.25%	4.00%	1.92x	2.24x	€2.89 Million
2020	5.51%	1.63%	1.70x	1.98x	€-1.89 Million
2021	9.91%	2.91%	1.57x	2.16x	€-36.70K
2022	14.67%	3.87%	1.28x	2.97x	€2.00 Million
2023	10.62%	2.43%	1.20x	3.63x	€262.50K
2024	-0.17%	-0.03%	1.31x	3.75x	€-4.29 Million

Industry Comparison

This section compares CENIT Aktiengesellschaft's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $290,100,661
Average return on equity (ROE) among peers: -57.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
CENIT Aktiengesellschaft (CSH)	€40.57 Million	89.38%	2.64x	$53.05 Million
Materialise NV (06MA)	$248.49 Million	5.41%	0.59x	$301.24 Million
Patriot One Technologies Inc (0PL)	$33.53 Million	-35.74%	0.02x	$81.70 Million
AXWAY SOFTWARE EO 2 (1XV)	$553.48 Million	7.36%	1.19x	$965.69 Million
Spyrosoft Spólka Akcyjna (2NP)	$108.85 Million	18.11%	0.82x	$111.02 Million
WEIMOB INC. DL-0001 (36W)	$1.81 Billion	-95.35%	2.84x	$704.54 Million
INSURAGUEST TECHN. INC. (4JG)	$197.88K	-333.23%	2.29x	$99.69K
Envirosuite Limited (57P)	$13.14 Million	10.71%	0.70x	$67.90 Million
COINSILIUM GROUP LTD (5CT)	$3.54 Million	-18.66%	0.03x	$6.94 Million
BIG TECHNOLOGIES LS-10 (7I8)	$121.44 Million	13.33%	0.07x	$318.53 Million
ETHERNITY NETW.(DI) -001 (82N)	$5.58 Million	-143.45%	1.20x	$100.00K

About CENIT Aktiengesellschaft

XETRA:CSH Germany Software - Application

Market Cap

$64.96 Million

€55.56 Million EUR

Market Cap Rank

#21680 Global

#1930 in Germany

Share Price

€6.64

Change (1 day)

+1.22%

52-Week Range

€5.98 - €9.36

All Time High

€19.30