Sino AG (XTP) - Net Assets
Based on the latest financial reports, Sino AG (XTP) has net assets worth €13.28 Million EUR (≈ $15.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.65 Million ≈ $18.30 Million USD) and total liabilities (€2.38 Million ≈ $2.78 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. Check tangible net worth ratio of Sino AG to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.28 Million |
| % of Total Assets | 84.81% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | -91.08% |
| 10-Year Change | 169.68% |
| Growth Volatility | 186.37 |
Sino AG - Net Assets Trend (2010–2025)
This chart illustrates how Sino AG's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Sino AG to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sino AG (2010–2025)
The table below shows the annual net assets of Sino AG from 2010 to 2025. For live valuation and market cap data, see XTP market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €13.28 Million ≈ $15.52 Million |
+8.18% |
| 2024-09-30 | €12.27 Million ≈ $14.35 Million |
+7.80% |
| 2023-09-30 | €11.38 Million ≈ $13.31 Million |
-39.87% |
| 2022-09-30 | €18.93 Million ≈ $22.13 Million |
-87.28% |
| 2021-09-30 | €148.88 Million ≈ $174.06 Million |
+698.71% |
| 2020-09-30 | €18.64 Million ≈ $21.79 Million |
+257.29% |
| 2019-09-30 | €5.22 Million ≈ $6.10 Million |
-33.03% |
| 2018-09-30 | €7.79 Million ≈ $9.11 Million |
+15.21% |
| 2017-09-30 | €6.76 Million ≈ $7.90 Million |
+37.34% |
| 2016-09-30 | €4.92 Million ≈ $5.76 Million |
-14.48% |
| 2015-09-30 | €5.76 Million ≈ $6.73 Million |
+14.64% |
| 2014-09-30 | €5.02 Million ≈ $5.87 Million |
-12.14% |
| 2013-09-30 | €5.72 Million ≈ $6.68 Million |
+34.19% |
| 2012-09-30 | €4.26 Million ≈ $4.98 Million |
-35.13% |
| 2011-09-30 | €6.56 Million ≈ $7.68 Million |
+0.60% |
| 2010-09-30 | €6.53 Million ≈ $7.63 Million |
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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 498.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €10.90 Million | 82.13% |
| Common Stock | €2.34 Million | 17.61% |
| Other Components | €34.38K | 0.26% |
| Total Equity | €13.28 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 |
|---|---|
|
G1 Secure Solutions Ltd
TA:GOSS
|
$241.93 Million |
|
GULF MARINE SVCS LS -02
F:G0M
|
$241.95 Million |
|
BTB Real Estate Investment Trust
TO:BTB-UN
|
$242.00 Million |
|
Vine Hill Capital Investment Corp. Class A Ordinary Shares
NASDAQ:VCIC
|
$242.00 Million |
|
C&F Financial Corporation
NASDAQ:CFFI
|
$241.89 Million |
|
Horizon Oil Ltd
AU:HZN
|
$241.84 Million |
|
Isu Chemical Co Ltd
KO:005950
|
$241.80 Million |
|
Octave Specialty Group, Inc.
NYSE:OSG
|
$241.72 Million |
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 2024 to 2025, total equity changed from 12,272,428 to 13,275,938, a change of 1,003,510 (8.2%).
- Net income of 1,003,509 contributed positively to equity growth.
- Other comprehensive income decreased equity by 34,375.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.00 Million | +7.56% |
| Other Comprehensive Income | €-34.38K | -0.26% |
| Other Changes | €34.38K | +0.26% |
| Total Change | €- | 8.18% |
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: 17.84x
- 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 46.66x to 17.84x 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 | €101.50 | x |
| 2012-09-30 | €1.56 | €101.50 | x |
| 2013-09-30 | €2.02 | €101.50 | x |
| 2014-09-30 | €1.66 | €101.50 | x |
| 2015-09-30 | €1.95 | €101.50 | x |
| 2016-09-30 | €1.74 | €101.50 | x |
| 2017-09-30 | €2.44 | €101.50 | x |
| 2018-09-30 | €2.16 | €101.50 | x |
| 2019-09-30 | €1.91 | €101.50 | x |
| 2020-09-30 | €6.96 | €101.50 | x |
| 2021-09-30 | €63.69 | €101.50 | x |
| 2022-09-30 | €8.10 | €101.50 | x |
| 2023-09-30 | €4.87 | €101.50 | x |
| 2024-09-30 | €5.25 | €101.50 | x |
| 2025-09-30 | €5.69 | €101.50 | 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): 7.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.58%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.18x
- Recent ROE (7.56%) is below the historical average (18.01%), 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 |
| 2025 | 7.56% | 10.58% | 0.61x | 1.18x | €-324.08K |
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: $60,241,563,294
- Average return on equity (ROE) among peers: -4.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sino AG (XTP) | €13.28 Million | 12.32% | 0.18x | $241.93 Million |
| GUOTAI JUNAN SEC. H YC1 (153A) | $346.20 Billion | 8.03% | 5.11x | $6.64 Billion |
| China Merchants Securities Co. Ltd (195H) | $138.05 Billion | 8.95% | 4.46x | $2.74 Billion |
| FATFISH GROUP LTD. (1JU) | $-6.74 Million | 0.00% | 0.00x | $8.54 Million |
| UP FINT. HLDG (SP.ADR) A (1M5) | $446.63 Million | 3.29% | 6.44x | $1.01 Billion |
| GREENBANK CAPITAL (2TL) | $3.55 Million | -87.33% | 0.86x | $70.90K |
| SHENWAN HONGYUAN GR.H YC1 (2X2A) | $107.05 Billion | 8.78% | 4.61x | $819.68 Million |
| Guolian Securities Co. Ltd (34V) | $8.07 Billion | 6.46% | 2.52x | $223.56 Million |
| SIXTY SIX CAPITAL INC. (5CR0) | $-4.63 Million | 0.00% | 0.00x | $5.39 Million |
| Futu Holdings Limited (6FHA) | $2.55 Billion | 6.50% | 7.40x | $9.04 Billion |
| CAIRO MEZZ PLC EO-10 (6H3) | $56.54 Million | -2.33% | 0.00x | $79.50 Million |
About Sino AG
Sino AG provides investment and order placement services in Germany. It also provides 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.