Beston Global Food Company Ltd (BFC) - Net Assets
Based on the latest financial reports, Beston Global Food Company Ltd (BFC) has net assets worth AU$14.03 Million AUD (≈ $9.93 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$109.01 Million ≈ $77.13 Million USD) and total liabilities (AU$94.98 Million ≈ $67.20 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 Beston Global Food Company Ltd (BFC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$14.03 Million |
| % of Total Assets | 12.87% |
| Annual Growth Rate | -14.2% |
| 5-Year Change | -58.33% |
| 10-Year Change | N/A |
| Growth Volatility | 17.94 |
Beston Global Food Company Ltd - Net Assets Trend (2015–2023)
This chart illustrates how Beston Global Food Company Ltd's net assets have evolved over time, based on quarterly financial data. See BFC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beston Global Food Company Ltd (2015–2023)
The table below shows the annual net assets of Beston Global Food Company Ltd from 2015 to 2023. For live valuation and market cap data, see how much is Beston Global Food Company Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | AU$33.38 Million ≈ $23.62 Million |
-38.35% |
| 2022-06-30 | AU$54.15 Million ≈ $38.31 Million |
-28.65% |
| 2021-06-30 | AU$75.89 Million ≈ $53.70 Million |
-5.11% |
| 2020-06-30 | AU$79.98 Million ≈ $56.59 Million |
-0.16% |
| 2019-06-30 | AU$80.11 Million ≈ $56.69 Million |
-33.95% |
| 2018-06-30 | AU$121.29 Million ≈ $85.82 Million |
-9.58% |
| 2017-06-30 | AU$134.14 Million ≈ $94.91 Million |
+14.49% |
| 2016-06-30 | AU$117.17 Million ≈ $82.90 Million |
+3.11% |
| 2015-06-30 | AU$113.64 Million ≈ $80.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beston Global Food Company Ltd'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 15679600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$203.27 Million | 619.41% |
| Other Comprehensive Income | AU$-8.34 Million | -25.41% |
| Total Equity | AU$32.82 Million | 100.00% |
Beston Global Food Company Ltd Competitors by Market Cap
The table below lists competitors of Beston Global Food Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pagegroup PLC
LSE:PAGE
|
$4.24 Million |
|
Kuke Music Holding Ltd
NYSE:KUKE
|
$4.24 Million |
|
Pittler Maschinenfabrik AG
F:PIT
|
$4.24 Million |
|
PREMIER AFRICAN MINERALS
F:0PA
|
$4.24 Million |
|
Gold Basin Resources Corp
V:GXX
|
$4.24 Million |
|
ADDvise Group AB A
ST:ADDV-A
|
$4.23 Million |
|
Redhill Biopharma Ltd
NASDAQ:RDHL
|
$4.22 Million |
|
Golden Mile Resources Ltd
AU:G88
|
$4.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beston Global Food Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 54,946,000 to 32,817,000, a change of -22,129,000 (-40.3%).
- Net loss of 48,857,000 reduced equity.
- New share issuances of 26,397,000 increased equity.
- Other comprehensive income increased equity by 35,999.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-48.86 Million | -148.88% |
| Share Issuances | AU$26.40 Million | +80.44% |
| Other Comprehensive Income | AU$36.00K | +0.11% |
| Other Changes | AU$295.00K | +0.9% |
| Total Change | AU$- | -40.27% |
Book Value vs Market Value Analysis
This analysis compares Beston Global Food Company Ltd'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: 0.14x
- 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 0.01x to 0.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-06-30 | AU$0.31 | AU$0.00 | x |
| 2016-06-30 | AU$0.32 | AU$0.00 | x |
| 2017-06-30 | AU$0.31 | AU$0.00 | x |
| 2018-06-30 | AU$0.27 | AU$0.00 | x |
| 2019-06-30 | AU$0.16 | AU$0.00 | x |
| 2020-06-30 | AU$0.16 | AU$0.00 | x |
| 2021-06-30 | AU$0.11 | AU$0.00 | x |
| 2022-06-30 | AU$0.06 | AU$0.00 | x |
| 2023-06-30 | AU$0.02 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beston Global Food Company Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -148.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.82%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 3.18x
- Recent ROE (-148.88%) is below the historical average (-31.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1.66% | -705.33% | 0.00x | 1.03x | AU$-13.25 Million |
| 2016 | -1.20% | -8.73% | 0.13x | 1.10x | AU$-13.02 Million |
| 2017 | -5.81% | -32.50% | 0.16x | 1.10x | AU$-21.09 Million |
| 2018 | -10.40% | -26.30% | 0.30x | 1.31x | AU$-24.70 Million |
| 2019 | -33.61% | -31.81% | 0.60x | 1.75x | AU$-35.00 Million |
| 2020 | -14.34% | -11.24% | 0.71x | 1.80x | AU$-19.65 Million |
| 2021 | -28.45% | -19.41% | 0.86x | 1.70x | AU$-29.49 Million |
| 2022 | -39.54% | -17.14% | 0.96x | 2.39x | AU$-27.22 Million |
| 2023 | -148.88% | -28.82% | 1.63x | 3.18x | AU$-52.14 Million |
Industry Comparison
This section compares Beston Global Food Company Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $167,499,701
- Average return on equity (ROE) among peers: -440.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beston Global Food Company Ltd (BFC) | AU$14.03 Million | -1.66% | 6.77x | $4.24 Million |
| The a2 Milk Company Ltd (A2M) | $1.13 Billion | 34.02% | 0.28x | $3.44 Billion |
| Australian Dairy Nutritionals Ltd (AHF) | $30.47 Million | -10.00% | 0.42x | $9.17 Million |
| Bega Cheese Ltd (BGA) | $171.08 Million | 0.00% | 1.00x | $1.23 Billion |
| Biome Australia Ltd (BIO) | $2.90 Million | -57.52% | 1.85x | $42.75 Million |
| Bubs Australia Ltd (BUB) | $4.19 Million | -28.38% | 0.11x | $53.78 Million |
| Bioxyne Ltd (BXN) | $3.14 Million | -40.29% | 0.26x | $120.96 Million |
| Cobram Estate Olives Ltd (CBO) | $129.23 Million | 41.36% | 0.80x | $1.28 Billion |
| The Calmer Co International Ltd (CCO) | $2.60K | -3921.69% | 30.80x | $4.33 Million |
| Clover Corporation Ltd (CLV) | $32.41 Million | 18.75% | 0.28x | $105.16 Million |
About Beston Global Food Company Ltd
Beston Global Food Company Limited, together with its subsidiaries, engages in the manufacture and sale of food and beverage products in Asia, Europe, North America, and Australia. The company owns milk production plants to produce cheese, as well as by-products, including whey powder, cream, and butter; harvests, processes, packages, and distributes live, chilled, and frozen seafoods; produces s… Read more