ParTec AG (JY0) - Net Assets
Based on the latest financial reports, ParTec AG (JY0) has net assets worth €1.93 Million EUR (≈ $2.25 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 (€81.99 Million ≈ $95.86 Million USD) and total liabilities (€80.07 Million ≈ $93.61 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. See ParTec AG (JY0) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.93 Million |
| % of Total Assets | 2.35% |
| Annual Growth Rate | 5.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.61 |
ParTec AG - Net Assets Trend (2021–2023)
This chart illustrates how ParTec AG's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ParTec AG (JY0) total market value.
Annual Net Assets for ParTec AG (2021–2023)
The table below shows the annual net assets of ParTec AG from 2021 to 2023. Also explore JY0 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €25.09 Million ≈ $29.34 Million |
+25.83% |
| 2022-12-31 | €19.94 Million ≈ $23.31 Million |
-11.38% |
| 2021-12-31 | €22.50 Million ≈ $26.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ParTec 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 18.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €16.29 Million | 64.93% |
| Other Components | €8.80 Million | 35.07% |
| Total Equity | €25.09 Million | 100.00% |
ParTec AG Competitors by Market Cap
The table below lists competitors of ParTec AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aroa Biosurgery Ltd
AU:ARX
|
$128.81 Million |
|
Soc Centrale Bois Scieries Manche SA
PA:CBSM
|
$128.95 Million |
|
Kizilbuk Gayrimenkul Yatirim Ortakligi AS
IS:KZBGY
|
$129.01 Million |
|
FENIX Resources Ltd
AU:FEX
|
$129.06 Million |
|
Hauman Technologies
TWO:6218
|
$128.76 Million |
|
Alligator Energy Ltd
AU:AGE
|
$128.72 Million |
|
Adi Sarana Armada Tbk
JK:ASSA
|
$128.69 Million |
|
REDELFI SPA
F:B0Z
|
$128.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ParTec AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 19,941,264 to 25,091,950, a change of 5,150,686 (25.8%).
- Net income of 5,671,000 contributed positively to equity growth.
- Other factors decreased equity by 520,314.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.67 Million | +22.6% |
| Other Changes | €-520.31K | -2.07% |
| Total Change | €- | 25.83% |
Book Value vs Market Value Analysis
This analysis compares ParTec 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: 5.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.72x to 5.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €2.81 | €16.10 | x |
| 2022-12-31 | €2.49 | €16.10 | x |
| 2023-12-31 | €3.14 | €16.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ParTec 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): 22.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 111.66%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.26x
- Recent ROE (22.60%) is below the historical average (47.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 63.40% | 57.50% | 0.58x | 1.89x | €12.02 Million |
| 2022 | 56.16% | 31.03% | 0.48x | 3.76x | €9.20 Million |
| 2023 | 22.60% | 111.66% | 0.06x | 3.26x | €3.16 Million |
Industry Comparison
This section compares ParTec AG's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $419,364,915,411
- Average return on equity (ROE) among peers: -22.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ParTec AG (JY0) | €1.93 Million | 63.40% | 41.59x | $128.80 Million |
| Legend Holdings Corporation (1PC) | $108.81 Billion | 0.97% | 6.12x | $2.43 Billion |
| Nano Dimension Ltd (2N5B) | $19.29 Million | -46.44% | 0.15x | $294.71 Million |
| EBANG INTL HLDGS (NEW) A (7EBA) | $368.98 Million | 1.20% | 0.05x | $9.45 Million |
| CORELENS S.A. ZY -10 (9GK) | $38.94 Million | -101.66% | 0.69x | $514.90K |
| Asetek A/S (A31) | $39.01 Million | -1.61% | 0.39x | $77.66 Million |
| Acer Incorporated (AC5G) | $59.20 Billion | 4.45% | 1.64x | $2.65 Billion |
| Cherry AG (C3RY) | $77.52 Million | -58.64% | 1.17x | $14.61 Million |
| Canon Inc (CNNA) | $3.61 Trillion | 7.34% | 0.50x | $20.09 Billion |
| Hyrican Informationssysteme Aktiengesellschaft (HYI) | $27.08 Million | -5.04% | 0.15x | $25.22 Million |
About ParTec AG
ParTec AG develops, manufactures, and supplies supercomputer and quantum computer solutions. The company was founded in 1999 and is based in Munich, Germany. ParTec AG operates as a subsidiary of Bf Tec Holding GmbH