Binect AG
Binect AG, a management holding company, engages in digitization of document-based business communication in Germany. It develops and integrates digital modules and services for medium-sized companies, authorities, and other institutions. The company was founded in 2004 and is based in Weiterstadt, Germany.
Binect AG (MA10) - Net Assets
Latest net assets as of June 2025: €8.82 Million EUR
Based on the latest financial reports, Binect AG (MA10) has net assets worth €8.82 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.13 Million) and total liabilities (€3.31 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 | €8.82 Million |
| % of Total Assets | 72.72% |
| Annual Growth Rate | 26.0% |
| 5-Year Change | 29.09% |
| 10-Year Change | -64.59% |
| Growth Volatility | 329.51 |
Binect AG - Net Assets Trend (2004–2024)
This chart illustrates how Binect 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 Binect AG (2004–2024)
The table below shows the annual net assets of Binect AG from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €8.87 Million | +0.99% |
| 2023-12-31 | €8.78 Million | +1.13% |
| 2022-12-31 | €8.68 Million | +1.85% |
| 2021-12-31 | €8.52 Million | +24.11% |
| 2020-12-31 | €6.87 Million | +7.45% |
| 2019-12-31 | €6.39 Million | -36.11% |
| 2018-12-31 | €10.00 Million | -14.85% |
| 2017-12-31 | €11.75 Million | -46.20% |
| 2016-12-31 | €21.83 Million | -12.80% |
| 2015-12-31 | €25.04 Million | +8.28% |
| 2014-12-31 | €23.12 Million | +142.21% |
| 2013-12-31 | €9.55 Million | +7.74% |
| 2012-12-31 | €8.86 Million | +20.47% |
| 2011-12-31 | €7.35 Million | +25.89% |
| 2010-12-31 | €5.84 Million | +32.60% |
| 2009-12-31 | €4.41 Million | +4.56% |
| 2008-12-31 | €4.21 Million | +1.44% |
| 2007-12-31 | €4.15 Million | -15.61% |
| 2006-12-31 | €4.92 Million | +1504.32% |
| 2005-12-31 | €306.80K | +252.23% |
| 2004-12-31 | €87.10K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Binect 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 94498500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €938.59K | 10.59% |
| Common Stock | €3.22 Million | 36.27% |
| Other Comprehensive Income | €4.48 Million | 50.52% |
| Other Components | €232.00K | 2.62% |
| Total Equity | €8.87 Million | 100.00% |
Binect AG Competitors by Market Cap
The table below lists competitors of Binect AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Biotron Limited
PINK:BITRF
|
$4.82 Million |
|
Bioscience Animal Health PCL
BK:BIS
|
$4.82 Million |
|
Refined Metals Corp.
PINK:RFMCF
|
$4.82 Million |
|
WiSA Technologies Inc
NASDAQ:WISA
|
$4.82 Million |
|
SE-Education Public Company Limited
BK:SE-ED
|
$4.82 Million |
|
Evolva Holding SA
PINK:ELVAF
|
$4.82 Million |
|
Scandium Canada Ltd
PINK:SCDCF
|
$4.82 Million |
|
Pangenomic Health Inc.
F:LL3
|
$4.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Binect AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,778,138 to 8,865,021, a change of 86,883 (1.0%).
- Net income of 86,883 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,631.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €86.88K | +0.98% |
| Other Comprehensive Income | €-2.63K | -0.03% |
| Other Changes | €2.63K | +0.03% |
| Total Change | €- | 0.99% |
Book Value vs Market Value Analysis
This analysis compares Binect 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: 0.57x
- 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 increased from 0.09x to 0.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €16.56 | €1.57 | x |
| 2007-12-31 | €13.97 | €1.57 | x |
| 2008-12-31 | €14.17 | €1.57 | x |
| 2009-12-31 | €13.47 | €1.57 | x |
| 2010-12-31 | €12.60 | €1.57 | x |
| 2011-12-31 | €13.12 | €1.57 | x |
| 2012-12-31 | €12.87 | €1.57 | x |
| 2013-12-31 | €13.46 | €1.57 | x |
| 2014-12-31 | €15.74 | €1.57 | x |
| 2015-12-31 | €17.87 | €1.57 | x |
| 2016-12-31 | €12.42 | €1.57 | x |
| 2017-12-31 | €5.07 | €1.57 | x |
| 2018-12-31 | €3.67 | €1.57 | x |
| 2019-12-31 | €2.34 | €1.57 | x |
| 2020-12-31 | €2.44 | €1.57 | x |
| 2021-12-31 | €2.59 | €1.57 | x |
| 2022-12-31 | €2.66 | €1.57 | x |
| 2023-12-31 | €2.71 | €1.57 | x |
| 2024-12-31 | €2.76 | €1.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Binect 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): 0.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.41%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 1.62x
- Recent ROE (0.98%) is above the historical average (-21.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -7.35% | -7.81% | 0.64x | 1.47x | €-15.11K |
| 2005 | 3.00% | 6.42% | 0.38x | 1.23x | €-21.48K |
| 2006 | -15.86% | -154.70% | 0.10x | 1.04x | €-1.27 Million |
| 2007 | -18.49% | -125.75% | 0.14x | 1.03x | €-1.18 Million |
| 2008 | 1.42% | 13.13% | 0.10x | 1.05x | €-361.41K |
| 2009 | -0.77% | -8.42% | 0.09x | 1.06x | €-474.63K |
| 2010 | -10.09% | -146.67% | 0.07x | 1.03x | €-1.17 Million |
| 2011 | -2.87% | -43.20% | 0.06x | 1.07x | €-946.39K |
| 2012 | -2.21% | -41.70% | 0.05x | 1.03x | €-1.08 Million |
| 2013 | -3.12% | -63.49% | 0.05x | 1.05x | €-1.25 Million |
| 2014 | -2.54% | -103.18% | 0.02x | 1.01x | €-2.90 Million |
| 2015 | -12.14% | -39.46% | 0.25x | 1.24x | €-5.54 Million |
| 2016 | -34.39% | -103.46% | 0.25x | 1.31x | €-9.69 Million |
| 2017 | -140.09% | -229.94% | 0.44x | 1.40x | €-17.63 Million |
| 2018 | -136.41% | -1169.93% | 0.11x | 1.03x | €-14.65 Million |
| 2019 | -74.49% | -50.79% | 1.24x | 1.18x | €-5.40 Million |
| 2020 | 6.61% | 4.84% | 1.11x | 1.23x | €-232.91K |
| 2021 | 1.17% | 0.98% | 1.02x | 1.17x | €-752.69K |
| 2022 | 1.78% | 1.24% | 1.08x | 1.33x | €-713.33K |
| 2023 | 1.11% | 0.66% | 1.21x | 1.39x | €-780.00K |
| 2024 | 0.98% | 0.41% | 1.46x | 1.62x | €-799.62K |
Industry Comparison
This section compares Binect AG's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $365,665,335
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Binect AG (MA10) | €8.82 Million | -7.35% | 0.38x | $4.82 Million |
| Growens S.p.A. (0MU) | $56.87 Million | 102.36% | 0.45x | $22.92K |
| Patriot One Technologies Inc (0PL) | $33.53 Million | -35.74% | 0.02x | $58.49 Million |
| Paycom Soft (0PY) | $1.18 Billion | 23.79% | 2.30x | $5.38 Billion |
| innoscripta SE (1INN) | $35.15 Million | 71.39% | 0.67x | $124.83 Million |
| Nextech3D.AI Corporation (1SS) | $13.13 Million | -208.54% | 0.31x | $13.92 Million |
| WEIMOB INC. DL-0001 (36W) | $1.99 Billion | 15.68% | 0.66x | $647.04 Million |
| Modelon AB (publ) (3VM) | $173.11 Million | -16.46% | 0.23x | $7.36 Million |
| Hitek Global Inc. (4JX) | $28.34 Million | 3.70% | 0.25x | $4.96 Million |
| Envirosuite Limited (57P) | $127.30 Million | -9.82% | 0.18x | $39.98 Million |
| JanOne Inc (5AR1) | $16.82 Million | 65.36% | 1.78x | $133.90 Million |