Fast Finance 24 Holding AG
Fast Finance24 Holding AG, through its investments, primarily engages in the provision of various platforms and software products in finance, marketing, communication, and IT sectors in Germany and rest of Europe. The company offers ff24 Payments (ff24payments.com), a payment processing solution; ff24 Pay, a banking app available for iOS, android, and desktop PCs; OK.de, an online platform that p… Read more
Fast Finance 24 Holding AG (FF24) - Net Assets
Latest net assets as of June 2024: €70.14 Million EUR
Based on the latest financial reports, Fast Finance 24 Holding AG (FF24) has net assets worth €70.14 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€71.64 Million) and total liabilities (€1.50 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 | €70.14 Million |
| % of Total Assets | 97.91% |
| Annual Growth Rate | 32.44% |
| 5-Year Change | 1183.73% |
| 10-Year Change | 817.35% |
| Growth Volatility | 349.46 |
Fast Finance 24 Holding AG - Net Assets Trend (2011–2022)
This chart illustrates how Fast Finance 24 Holding AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fast Finance 24 Holding AG (2011–2022)
The table below shows the annual net assets of Fast Finance 24 Holding AG from 2011 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €41.52 Million | +4.71% |
| 2021-12-31 | €39.65 Million | +2.22% |
| 2020-12-31 | €38.79 Million | -0.02% |
| 2019-12-31 | €38.79 Million | +1099.52% |
| 2018-12-31 | €3.23 Million | +501.59% |
| 2017-12-31 | €537.57K | -30.30% |
| 2016-12-31 | €771.23K | -78.93% |
| 2015-12-31 | €3.66 Million | -49.91% |
| 2013-12-31 | €7.31 Million | +61.46% |
| 2012-12-31 | €4.53 Million | +139.70% |
| 2011-12-31 | €1.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fast Finance 24 Holding 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 decreased by 455294600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €49.40 Million | 119.00% |
| Other Comprehensive Income | €98.96K | 0.24% |
| Total Equity | €41.52 Million | 100.00% |
Fast Finance 24 Holding AG Competitors by Market Cap
The table below lists competitors of Fast Finance 24 Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STANDARD CHARTERED BANK ZAMBIA PLC
LUSE:SCBL
|
$522.87 |
|
Livento Group Inc.
NASDAQ:NUGND
|
$523.85 |
|
Tuesday Morning Corporation
PINK:TUEMQ
|
$523.89 |
|
Secure Logistics Gro
KAR:SLGL
|
$525.24 |
|
Brighton Pier Group PLC
LSE:PIER
|
$521.72 |
|
Act Financial
EGX:ACTF
|
$520.64 |
|
Citicore Energy REIT Corp
PSE:CREIT
|
$520.58 |
|
Meraki Acquisition One Inc.
V:MRKI-P
|
$520.02 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fast Finance 24 Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 39,647,700 to 41,515,723, a change of 1,868,023 (4.7%).
- Net income of 1,868,022 contributed positively to equity growth.
- Other comprehensive income increased equity by 98,863.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.87 Million | +4.5% |
| Other Comprehensive Income | €98.86K | +0.24% |
| Other Changes | €-98.86K | -0.24% |
| Total Change | €- | 4.71% |
Book Value vs Market Value Analysis
This analysis compares Fast Finance 24 Holding 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: 0.07x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | €0.38 | €0.06 | x |
| 2012-12-31 | €0.90 | €0.06 | x |
| 2013-12-31 | €1.42 | €0.06 | x |
| 2015-12-31 | €0.08 | €0.06 | x |
| 2016-12-31 | €0.10 | €0.06 | x |
| 2017-12-31 | €0.07 | €0.06 | x |
| 2018-12-31 | €0.28 | €0.06 | x |
| 2019-12-31 | €0.83 | €0.06 | x |
| 2020-12-31 | €0.83 | €0.06 | x |
| 2021-12-31 | €0.80 | €0.06 | x |
| 2022-12-31 | €0.84 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fast Finance 24 Holding 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): 4.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 90.81%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.01x
- Recent ROE (4.50%) is above the historical average (-53.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 95.74% | 43.25% | 0.86x | 2.56x | €1.62 Million |
| 2012 | 55.83% | 35.21% | 0.71x | 2.25x | €2.07 Million |
| 2013 | 35.17% | 34.19% | 0.50x | 2.05x | €1.84 Million |
| 2015 | -16.13% | -491.90% | 0.02x | 1.39x | €-956.32K |
| 2016 | -692.29% | -1722.30% | 0.11x | 3.76x | €-5.42 Million |
| 2017 | -43.46% | -48.68% | 0.16x | 5.69x | €-287.41K |
| 2018 | -34.20% | -2457.56% | 0.01x | 1.28x | €-1.43 Million |
| 2019 | 0.16% | 45.97% | 0.00x | 1.02x | €-3.82 Million |
| 2020 | -1.06% | -457.43% | 0.00x | 1.04x | €-4.29 Million |
| 2021 | 1.86% | 1.78% | 1.03x | 1.01x | €-3.23 Million |
| 2022 | 4.50% | 90.81% | 0.05x | 1.01x | €-2.28 Million |
Industry Comparison
This section compares Fast Finance 24 Holding AG's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $6,348,032,190
- Average return on equity (ROE) among peers: 14.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fast Finance 24 Holding AG (FF24) | €70.14 Million | 95.74% | 0.02x | $521.99 |
| Yiren Digital Ltd (19YA) | $4.82 Billion | 21.42% | 0.61x | $89.17 Million |
| Yixin Group Limited (1YX) | $15.33 Billion | 2.42% | 1.10x | $716.43 Million |
| BFF Bank S.p.A (2BF) | $571.60 Million | 34.53% | 18.55x | $540.23 Million |
| Resurs Holding AB (publ) (4R6) | $7.57 Billion | 10.54% | 5.32x | $60.83 Million |
| Genertec Universal Medical Group Company Limited (5UM) | $17.62 Billion | 11.05% | 2.97x | $642.11 Million |
| ALBIS Leasing AG (ALG) | $18.88 Million | 21.27% | 9.03x | $12.44 Million |
| Brockhaus Capital Management AG (BKHT) | $315.34 Million | 15.55% | 1.08x | $77.40 Million |
| Shougang Concord Grand (Group) Limited (CGG) | $1.89 Billion | 1.44% | 0.23x | $23.36 Million |
| Qfin Holdings, Inc. (CKR0) | $15.22 Billion | 38.00% | 1.20x | $1.36 Billion |
| creditshelf Aktiengesellschaft (CSQ) | $128.80 Million | -10.21% | 0.88x | $2.48K |