Porsche Automobil Holding SE (PAH3) - Net Assets
Based on the latest financial reports, Porsche Automobil Holding SE (PAH3) has net assets worth €35.73 Billion EUR (≈ $41.77 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€42.85 Billion ≈ $50.09 Billion USD) and total liabilities (€7.12 Billion ≈ $8.32 Billion 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 Porsche Automobil Holding SE (PAH3) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €35.73 Billion |
| % of Total Assets | 83.39% |
| Annual Growth Rate | 11.03% |
| 5-Year Change | -2.33% |
| 10-Year Change | 29.49% |
| Growth Volatility | 58.12 |
Porsche Automobil Holding SE - Net Assets Trend (2006–2024)
This chart illustrates how Porsche Automobil Holding SE's net assets have evolved over time, based on quarterly financial data. Also explore Porsche Automobil Holding SE asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Porsche Automobil Holding SE (2006–2024)
The table below shows the annual net assets of Porsche Automobil Holding SE from 2006 to 2024. For live valuation and market cap data, see PAH3 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €35.11 Billion ≈ $41.04 Billion |
-36.54% |
| 2023-12-31 | €55.33 Billion ≈ $64.68 Billion |
+7.60% |
| 2022-12-31 | €51.42 Billion ≈ $60.11 Billion |
+21.85% |
| 2021-12-31 | €42.20 Billion ≈ $49.33 Billion |
+17.39% |
| 2020-12-31 | €35.95 Billion ≈ $42.02 Billion |
+106.25% |
| 2019-12-31 | €17.43 Billion ≈ $20.38 Billion |
+5.77% |
| 2018-12-31 | €16.48 Billion ≈ $19.26 Billion |
-47.54% |
| 2017-12-31 | €31.41 Billion ≈ $36.72 Billion |
+12.61% |
| 2016-12-31 | €27.89 Billion ≈ $32.61 Billion |
+2.88% |
| 2015-12-31 | €27.11 Billion ≈ $31.70 Billion |
-8.07% |
| 2014-12-31 | €29.49 Billion ≈ $34.48 Billion |
-3.21% |
| 2013-12-31 | €30.47 Billion ≈ $35.62 Billion |
+1.06% |
| 2012-12-31 | €30.15 Billion ≈ $35.25 Billion |
+39.29% |
| 2011-12-31 | €21.64 Billion ≈ $25.31 Billion |
+42.43% |
| 2010-12-31 | €15.20 Billion ≈ $17.77 Billion |
-68.65% |
| 2009-12-31 | €48.48 Billion ≈ $56.68 Billion |
+187.78% |
| 2008-12-31 | €16.85 Billion ≈ $19.69 Billion |
+77.68% |
| 2007-12-31 | €9.48 Billion ≈ $11.08 Billion |
+77.61% |
| 2006-12-31 | €5.34 Billion ≈ $6.24 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Porsche Automobil Holding SE'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 2985000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €29.85 Billion | 85.02% |
| Common Stock | €306.00 Million | 0.87% |
| Other Comprehensive Income | €68.00 Million | 0.19% |
| Other Components | €4.88 Billion | 13.91% |
| Total Equity | €35.11 Billion | 100.00% |
Porsche Automobil Holding SE Competitors by Market Cap
The table below lists competitors of Porsche Automobil Holding SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compagnie de l'Odet
PA:ODET
|
$5.55 Billion |
|
Shenzhen New Industries Biomedical
SHE:300832
|
$5.55 Billion |
|
PTT Global Chemical Public Company Limited
BK:PTTGC
|
$5.55 Billion |
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
$5.55 Billion |
|
Jiangsu Lettall Electronic Co Ltd
SHG:603629
|
$5.54 Billion |
|
TKMS AG & Co KGaA
XETRA:TKMS
|
$5.54 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
$5.54 Billion |
|
Zhejiang Supor Co Ltd
SHE:002032
|
$5.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Porsche Automobil Holding SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,326,000,000 to 35,108,000,000, a change of -20,218,000,000 (-36.5%).
- Net loss of 20,017,000,000 reduced equity.
- Dividend payments of 783,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 736,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-20.02 Billion | -57.02% |
| Dividends Paid | €783.00 Million | -2.23% |
| Other Comprehensive Income | €736.00 Million | +2.1% |
| Other Changes | €-154.00 Million | -0.44% |
| Total Change | €- | -36.54% |
Book Value vs Market Value Analysis
This analysis compares Porsche Automobil Holding SE'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: 0.27x
- 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 1.02x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €30.50 | €30.98 | x |
| 2007-12-31 | €54.18 | €30.98 | x |
| 2008-12-31 | €96.26 | €30.98 | x |
| 2009-12-31 | €277.02 | €30.98 | x |
| 2010-12-31 | €76.63 | €30.98 | x |
| 2011-12-31 | €77.44 | €30.98 | x |
| 2012-12-31 | €98.45 | €30.98 | x |
| 2013-12-31 | €99.49 | €30.98 | x |
| 2014-12-31 | €96.30 | €30.98 | x |
| 2015-12-31 | €88.53 | €30.98 | x |
| 2016-12-31 | €91.08 | €30.98 | x |
| 2017-12-31 | €102.56 | €30.98 | x |
| 2018-12-31 | €16.21 | €30.98 | x |
| 2019-12-31 | €16.58 | €30.98 | x |
| 2020-12-31 | €118.37 | €30.98 | x |
| 2021-12-31 | €138.95 | €30.98 | x |
| 2022-12-31 | €167.89 | €30.98 | x |
| 2023-12-31 | €180.66 | €30.98 | x |
| 2024-12-31 | €114.64 | €30.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Porsche Automobil Holding SE 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): -57.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.46x
- • Equity Multiplier: 1.22x
- Recent ROE (-57.02%) is below the historical average (11.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 26.10% | 19.56% | 0.49x | 2.74x | €859.20 Million |
| 2007 | 44.74% | 57.57% | 0.32x | 2.46x | €3.29 Billion |
| 2008 | 37.34% | 84.25% | 0.16x | 2.71x | €4.61 Billion |
| 2009 | -7.35% | -6.24% | 0.27x | 4.41x | €-8.41 Billion |
| 2010 | 8.66% | 0.00% | 0.00x | 1.90x | €-199.20 Million |
| 2011 | 0.17% | 0.79% | 0.14x | 1.55x | €-2.09 Billion |
| 2012 | 26.31% | 100.81% | 0.25x | 1.04x | €4.92 Billion |
| 2013 | 7.90% | 88.86% | 0.09x | 1.03x | €-639.00 Million |
| 2014 | 10.29% | 88.20% | 0.11x | 1.03x | €85.70 Million |
| 2015 | -1.14% | 0.00% | -0.02x | 1.02x | €-3.02 Billion |
| 2016 | 4.93% | 94.76% | 0.05x | 1.02x | €-1.42 Billion |
| 2017 | 10.44% | 96.67% | 0.11x | 1.01x | €137.00 Million |
| 2018 | 70.58% | 3371.84% | 0.00x | 7.75x | €2.98 Billion |
| 2019 | 15.65% | 679.31% | 0.00x | 8.41x | €284.40 Million |
| 2020 | 1.96% | 657.01% | 0.00x | 1.01x | €-2.89 Billion |
| 2021 | 1.95% | 27.70% | 0.07x | 1.01x | €-3.40 Billion |
| 2022 | 10.68% | 104.11% | 0.09x | 1.14x | €350.30 Million |
| 2023 | 9.17% | 97.41% | 0.08x | 1.13x | €-458.60 Million |
| 2024 | -57.02% | 0.00% | -0.46x | 1.22x | €-23.53 Billion |
Industry Comparison
This section compares Porsche Automobil Holding SE's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $40,100,524,525
- Average return on equity (ROE) among peers: 1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Porsche Automobil Holding SE (PAH3) | €35.73 Billion | 26.10% | 0.20x | $5.55 Billion |
| Guangzhou Automobile Group Co. Ltd (02G) | $92.59 Billion | 7.92% | 0.67x | $1.01 Billion |
| Niu Technologies (0O9) | $993.37 Million | 16.98% | 0.86x | $205.33 Million |
| BAIC Motor Corp Ltd (2B5) | $58.03 Billion | 10.97% | 1.91x | $456.78 Million |
| XPENG INC. CL.A DL-00001 (8XP) | $31.27 Billion | -18.51% | 1.64x | $12.46 Billion |
| XPENG INC. SP.ADS/2 CL.A (8XPA) | $31.27 Billion | -18.51% | 1.64x | $12.52 Billion |
| ASTON MART.LA.UADR LS-001 (A5S0) | $611.40 Million | -31.34% | 3.65x | $390.66 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BMW) | $21.74 Billion | 14.38% | 3.09x | $50.66 Billion |
| Bayerische Motoren Werke Aktiengesellschaft (BMW3) | $30.40 Billion | 16.73% | 3.34x | $4.80 Billion |
| China Yuchai International Limited (CYD) | $9.15 Billion | 7.98% | 1.05x | $1.31 Billion |
| Dongfeng Motor Group Company Limited (D4D) | $124.92 Billion | 10.39% | 0.81x | $3.00 Billion |
About Porsche Automobil Holding SE
Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. The company operates in two segments, Core Investments and Portfolio Investments. It is involved in investments in the areas of mobility and industrial technology. The company offers its products under the Volkswagen, Audi, SEAT, "KODA, Bentley, Lamborghini, and Porsche brand names. The compa… Read more