Linus Digital Finance AG
Linus Digital Finance AG operates as a digital real estate financing platform for institutional-grade real estate investment companies in Germany. The company offers real estate investment products, such as LINUS Growth, LINUS Funds, LINUS Portfolio, and LINUS Core. It issues and manages private debt funds. In addition, the company offers investment opportunities in the United Kingdom and the Uni… Read more
Linus Digital Finance AG (LDF) - Net Assets
Latest net assets as of June 2024: €9.86 Million EUR
Based on the latest financial reports, Linus Digital Finance AG (LDF) has net assets worth €9.86 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 (€90.90 Million) and total liabilities (€81.03 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 | €9.86 Million |
| % of Total Assets | 10.85% |
| Annual Growth Rate | 128.18% |
| 5-Year Change | 313.91% |
| 10-Year Change | N/A |
| Growth Volatility | 536.42 |
Linus Digital Finance AG - Net Assets Trend (2018–2023)
This chart illustrates how Linus Digital Finance 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 Linus Digital Finance AG (2018–2023)
The table below shows the annual net assets of Linus Digital Finance AG from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €11.81 Million | -16.53% |
| 2022-12-31 | €14.15 Million | -41.75% |
| 2021-12-31 | €24.29 Million | +320.39% |
| 2020-12-31 | €5.78 Million | +102.51% |
| 2019-12-31 | €2.85 Million | +1393.46% |
| 2018-12-31 | €191.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Linus Digital Finance 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 20562.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €7.18 Million | 59.79% |
| Other Comprehensive Income | €38.26 Million | 318.62% |
| Total Equity | €12.01 Million | 100.00% |
Linus Digital Finance AG Competitors by Market Cap
The table below lists competitors of Linus Digital Finance AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA FORTUNE HLDG.HD001
F:FTQ0
|
$2.54 Million |
|
Rincon Resources Ltd
AU:RCR
|
$2.54 Million |
|
Medicure Inc
PINK:MCUJF
|
$2.54 Million |
|
ESKER (EKE.SG)
STU:EKE
|
$2.54 Million |
|
Uni-Fuels Holdings Limited Class A Ordinary Shares
NASDAQ:UFG
|
$2.54 Million |
|
Mitra Pemuda Tbk PT
JK:MTRA
|
$2.53 Million |
|
Saraswati Griya Lestari Tbk
JK:HOTL
|
$2.53 Million |
|
Nongshim Co. Ltd.
KQ:004370
|
$2.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Linus Digital Finance AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 14,348,210 to 12,007,911, a change of -2,340,299 (-16.3%).
- Net loss of 5,330,493 reduced equity.
- Share repurchases of 1,851 reduced equity.
- New share issuances of 1,500,000 increased equity.
- Other comprehensive income increased equity by 38,260,364.
- Other factors decreased equity by 36,768,319.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.33 Million | -44.39% |
| Share Repurchases | €1.85K | -0.02% |
| Share Issuances | €1.50 Million | +12.49% |
| Other Comprehensive Income | €38.26 Million | +318.63% |
| Other Changes | €-36.77 Million | -306.2% |
| Total Change | €- | -16.31% |
Book Value vs Market Value Analysis
This analysis compares Linus Digital Finance 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: 0.94x
- 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 55.89x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €0.03 | €1.72 | x |
| 2019-12-31 | €0.47 | €1.72 | x |
| 2020-12-31 | €0.96 | €1.72 | x |
| 2021-12-31 | €3.86 | €1.72 | x |
| 2022-12-31 | €2.19 | €1.72 | x |
| 2023-12-31 | €1.82 | €1.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Linus Digital Finance 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): -44.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -104.89%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 9.36x
- Recent ROE (-44.39%) is below the historical average (17.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 159.53% | 21.21% | 1.14x | 6.60x | €278.70K |
| 2019 | 93.26% | 40.31% | 0.10x | 24.00x | €2.37 Million |
| 2020 | 57.80% | 38.03% | 0.06x | 23.53x | €2.78 Million |
| 2021 | -47.49% | -97.17% | 0.06x | 8.63x | €-13.94 Million |
| 2022 | -114.78% | -212.72% | 0.05x | 10.99x | €-17.90 Million |
| 2023 | -44.39% | -104.89% | 0.05x | 9.36x | €-6.53 Million |
Industry Comparison
This section compares Linus Digital Finance AG's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $23,105,982,113
- Average return on equity (ROE) among peers: -14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Linus Digital Finance AG (LDF) | €9.86 Million | 159.53% | 8.22x | $2.54 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.16 Billion | 1.36% | 6.34x | $1.17 Billion |
| Anima Holding SpA (124) | $1.26 Billion | 11.57% | 0.78x | $176.71 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $8.13K |
| GOAT Industries Ltd. (26B) | $10.81 Million | -56.27% | 0.02x | $2.16K |
| Hunter Capital AB (publ) (2DD0) | $28.23 Million | -45.64% | 0.45x | $2.66 Million |
| ALDER RESOURCES VTG (2JA) | $12.56 Million | 2.19% | 0.94x | $6.72 Million |
| 3330 (3330) | $577.92K | -45.47% | 0.58x | $2.73 Million |
| Federated Hermes Inc (3KC) | $657.71 Million | 25.82% | 0.81x | $3.55 Billion |
| 47U0 (47U0) | $250.00 Million | 7.21% | 0.13x | $131.18 Million |
| MOH Nippon Plc (4HS) | $5.68 Billion | -25.84% | 0.11x | $2.82 Million |