029 GROUP SE INH O.N.
029 Group SE, an investment holding company, operates as a hospitality and lifestyle platform in Germany. The company invests in travel and hospitality, and consumer brands. It operates under the Limestone Capital, HotelBird, Trip, Brother's Bond, and fjör brands. The company was formerly known as Mendarion SE and changed its name to 029 Group SE in August 2022. The company was incorporated in 20… Read more
029 GROUP SE INH O.N. (Z29) - Net Assets
Latest net assets as of June 2025: €15.75 Million EUR
Based on the latest financial reports, 029 GROUP SE INH O.N. (Z29) has net assets worth €15.75 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 (€16.53 Million) and total liabilities (€778.19K). 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 | €15.75 Million |
| % of Total Assets | 95.29% |
| Annual Growth Rate | 213.39% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6357.01 |
029 GROUP SE INH O.N. - Net Assets Trend (2020–2024)
This chart illustrates how 029 GROUP SE INH O.N.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 029 GROUP SE INH O.N. (2020–2024)
The table below shows the annual net assets of 029 GROUP SE INH O.N. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €15.99 Million | +2.13% |
| 2023-12-31 | €15.66 Million | -26.43% |
| 2022-12-31 | €21.28 Million | +14668.40% |
| 2021-12-31 | €144.10K | -13.07% |
| 2020-12-31 | €165.77K | -- |
Equity Component Analysis
This analysis shows how different components contribute to 029 GROUP SE INH O.N.'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 597436676.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €22.05 Million | 137.89% |
| Total Equity | €15.99 Million | 100.00% |
029 GROUP SE INH O.N. Competitors by Market Cap
The table below lists competitors of 029 GROUP SE INH O.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Truong Thanh Development & Construction Investment JSC
VN:TTA
|
$52.56 Million |
|
Sambu Const
KO:001470
|
$52.59 Million |
|
Bluebik Group PCL
BK:BBIK
|
$52.60 Million |
|
Condor Petroleum Inc
PINK:CNPRF
|
$52.60 Million |
|
Hyundai Everdigm Corp
KQ:041440
|
$52.56 Million |
|
SCHALTBAU HOLDING
HM:SLT
|
$52.52 Million |
|
Net Insight AB (publ)
ST:NETI-B
|
$52.50 Million |
|
Compañía Industrial El Volcán S.A
SN:VOLCAN
|
$52.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 029 GROUP SE INH O.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,656,122 to 15,990,329, a change of 334,207 (2.1%).
- Net income of 334,207 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €334.21K | +2.09% |
| Other Changes | €0.00 | +0.0% |
| Total Change | €- | 2.13% |
Book Value vs Market Value Analysis
This analysis compares 029 GROUP SE INH O.N.'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: 11.94x
- 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 57.61x to 11.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €0.66 | €38.20 | x |
| 2021-12-31 | €0.58 | €38.20 | x |
| 2022-12-31 | €4.26 | €38.20 | x |
| 2023-12-31 | €3.13 | €38.20 | x |
| 2024-12-31 | €3.20 | €38.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 029 GROUP SE INH O.N. 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.52%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.04x
- Recent ROE (2.09%) is above the historical average (-11.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -4.10% | -45.36% | 0.09x | 1.05x | €-23.38K |
| 2021 | -15.04% | 0.00% | 0.00x | 1.07x | €-36.08K |
| 2022 | -3.11% | 0.00% | 0.00x | 1.03x | €-2.79 Million |
| 2023 | -35.93% | 0.00% | 0.00x | 1.11x | €-7.19 Million |
| 2024 | 2.09% | 13.52% | 0.15x | 1.04x | €-1.26 Million |
Industry Comparison
This section compares 029 GROUP SE INH O.N.'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 |
|---|---|---|---|---|
| 029 GROUP SE INH O.N. (Z29) | €15.75 Million | -4.10% | 0.05x | $52.56 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 |