Sino AG
Sino AG operates an investment and order placement service in Germany. It provides high-end brokerage; account and custody account; course supply; mortgage and credit; margin; and short selling services, as well as operates MX-PRO trading system. The company was formerly known as sino Wertpapierhandelsgesellschaft mbH. Sino AG was founded in 1998 and is based in Düsseldorf, Germany.
Sino AG (XTP) - Net Assets
Latest net assets as of March 2025: €12.31 Million EUR
Based on the latest financial reports, Sino AG (XTP) has net assets worth €12.31 Million EUR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€14.38 Million) and total liabilities (€2.06 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 | €12.31 Million |
| % of Total Assets | 85.65% |
| Annual Growth Rate | 4.61% |
| 5-Year Change | -34.16% |
| 10-Year Change | 113.2% |
| Growth Volatility | 192.44 |
Sino AG - Net Assets Trend (2010–2024)
This chart illustrates how Sino 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 Sino AG (2010–2024)
The table below shows the annual net assets of Sino AG from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €12.27 Million | +7.80% |
| 2023-09-30 | €11.38 Million | -39.87% |
| 2022-09-30 | €18.93 Million | -87.28% |
| 2021-09-30 | €148.88 Million | +698.71% |
| 2020-09-30 | €18.64 Million | +257.29% |
| 2019-09-30 | €5.22 Million | -33.03% |
| 2018-09-30 | €7.79 Million | +15.21% |
| 2017-09-30 | €6.76 Million | +37.34% |
| 2016-09-30 | €4.92 Million | -14.48% |
| 2015-09-30 | €5.76 Million | +14.64% |
| 2014-09-30 | €5.02 Million | -12.14% |
| 2013-09-30 | €5.72 Million | +34.19% |
| 2012-09-30 | €4.26 Million | -35.13% |
| 2011-09-30 | €6.56 Million | +0.60% |
| 2010-09-30 | €6.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sino 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 443.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.90 Million | 80.67% |
| Common Stock | €2.34 Million | 19.05% |
| Other Comprehensive Income | €34.38K | 0.28% |
| Total Equity | €12.27 Million | 100.00% |
Sino AG Competitors by Market Cap
The table below lists competitors of Sino AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Insight Acquisition Corp. Class A Common Stock
NASDAQ:INAQ
|
$921.81K |
|
Tearlach Resources Ltd
V:TEA
|
$922.11K |
|
Exceed World Inc
PINK:EXDW
|
$922.40K |
|
Arch Therapeutics Inc
OTCQB:ARTH
|
$923.89K |
|
Enry S Island Spa Sb
VI:EIOS
|
$920.38K |
|
TCW Transform Systems ETF
NASDAQ:PWRD
|
$920.01K |
|
Entourage Health Corp
PINK:ETRGF
|
$919.99K |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
$919.37K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sino AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,384,068 to 12,272,428, a change of 888,360 (7.8%).
- Net income of 888,359 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €888.36K | +7.24% |
| Other Changes | €1.00 | +0.0% |
| Total Change | €- | 7.80% |
Book Value vs Market Value Analysis
This analysis compares Sino 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: 17.60x
- 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 42.48x to 17.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-09-30 | €2.18 | €92.40 | x |
| 2012-09-30 | €1.56 | €92.40 | x |
| 2013-09-30 | €2.02 | €92.40 | x |
| 2014-09-30 | €1.66 | €92.40 | x |
| 2015-09-30 | €1.95 | €92.40 | x |
| 2016-09-30 | €1.74 | €92.40 | x |
| 2017-09-30 | €2.44 | €92.40 | x |
| 2018-09-30 | €2.16 | €92.40 | x |
| 2019-09-30 | €1.91 | €92.40 | x |
| 2020-09-30 | €6.96 | €92.40 | x |
| 2021-09-30 | €63.69 | €92.40 | x |
| 2022-09-30 | €8.10 | €92.40 | x |
| 2023-09-30 | €4.87 | €92.40 | x |
| 2024-09-30 | €5.25 | €92.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sino 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): 7.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.07%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.18x
- Recent ROE (7.24%) is below the historical average (18.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 12.32% | 6.05% | 1.35x | 1.51x | €101.75K |
| 2011 | 17.47% | 9.06% | 1.48x | 1.30x | €376.65K |
| 2012 | -1.92% | -1.15% | 1.39x | 1.19x | €-507.60K |
| 2013 | -0.74% | -0.65% | 0.91x | 1.26x | €-505.91K |
| 2014 | 13.22% | 9.41% | 1.03x | 1.36x | €127.07K |
| 2015 | 25.09% | 18.74% | 1.02x | 1.31x | €691.37K |
| 2016 | 14.39% | 10.74% | 1.04x | 1.29x | €176.38K |
| 2017 | 39.38% | 38.32% | 0.83x | 1.23x | €1.67 Million |
| 2018 | -8.04% | -6.98% | 0.69x | 1.67x | €-912.10K |
| 2019 | -13.06% | -11.87% | 0.89x | 1.24x | €-1.03 Million |
| 2020 | 85.31% | 158.08% | 0.46x | 1.17x | €12.26 Million |
| 2021 | 93.65% | 911.21% | 0.10x | 1.03x | €124.54 Million |
| 2022 | 5.03% | 11.82% | 0.37x | 1.14x | €-941.55K |
| 2023 | -8.81% | -18.49% | 0.39x | 1.22x | €-2.14 Million |
| 2024 | 7.24% | 10.07% | 0.61x | 1.18x | €-338.88K |
Industry Comparison
This section compares Sino AG's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $10,985,242,611
- Average return on equity (ROE) among peers: -17.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sino AG (XTP) | €12.31 Million | 12.32% | 0.17x | $921.71K |
| Bright Smart Securities & Commodities Group Limited (0BX) | $2.13 Billion | 33.04% | 6.44x | $877.25 Million |
| BIGG Digital Assets Inc (7111) | $14.75 Million | -19.99% | 1.01x | $11.85 Million |
| Berliner Effektengesellschaft AG (BFV) | $235.36 Million | 24.44% | 0.77x | $105.19 Million |
| Baader Bank Aktiengesellschaft (BWB) | $165.51 Million | 1.69% | 22.79x | $96.48 Million |
| CBEYOND (C5B) | $860.03K | -181.67% | 0.17x | $1.56 Million |
| Instant Group AG (CCB) | $2.10 Million | 30.51% | 0.39x | $18.97K |
| CASH Financial Services Group Limited (CFN0) | $331.47 Million | -19.24% | 2.57x | $8.21 Million |
| CSC Financial Co. Ltd (CS0) | $106.52 Billion | 6.78% | 4.32x | $5.32 Billion |
| DF Deutsche Forfait AG (DFTK) | $15.38 Million | 44.27% | 1.16x | $2.02 Million |
| IREN Limited (F8P) | $437.36 Million | -95.98% | 0.30x | $9.41 Billion |