E&P Financial Group Ltd
E&P Financial Group Limited engages in the financial services business in Australia, the United States, and Hong Kong. It operates through three segments: E&P Wealth, E&P Capital, and E&P Funds. The E&P Wealth segment provides financial advice, investment advice, stock broking, portfolio administration and reporting, self-managed superannuation fund administration, and legal services to self-mana… Read more
E&P Financial Group Ltd (EP1) - Net Assets
Latest net assets as of June 2024: AU$111.29 Million AUD
Based on the latest financial reports, E&P Financial Group Ltd (EP1) has net assets worth AU$111.29 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$208.50 Million) and total liabilities (AU$97.21 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 | AU$111.29 Million |
| % of Total Assets | 53.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | -37.46% |
| 10-Year Change | N/A |
| Growth Volatility | 88.11 |
E&P Financial Group Ltd - Net Assets Trend (2015–2023)
This chart illustrates how E&P Financial Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for E&P Financial Group Ltd (2015–2023)
The table below shows the annual net assets of E&P Financial Group Ltd from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$111.29 Million | -20.63% |
| 2022-12-31 | AU$140.21 Million | -14.22% |
| 2021-12-31 | AU$163.45 Million | +3.59% |
| 2020-12-31 | AU$157.79 Million | -11.32% |
| 2019-12-31 | AU$177.94 Million | -18.28% |
| 2018-12-31 | AU$217.75 Million | +7.98% |
| 2017-12-31 | AU$201.65 Million | +241.36% |
| 2016-12-31 | AU$59.07 Million | +199.96% |
| 2015-12-31 | AU$-59.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to E&P Financial Group 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 831.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$317.54 Million | 285.34% |
| Other Comprehensive Income | AU$-120.77 Million | -108.52% |
| Total Equity | AU$111.29 Million | 100.00% |
E&P Financial Group Ltd Competitors by Market Cap
The table below lists competitors of E&P Financial Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Lithium Electrochemistry Cayman Co Ltd
TWO:5227
|
$46.69 Million |
|
Neontech Co. Ltd
KQ:306620
|
$46.69 Million |
|
Plotech Co Ltd
TW:6141
|
$46.69 Million |
|
Hydratec Industries NV
AS:HYDRA
|
$46.69 Million |
|
Chain Chon Industrial Co Ltd
TWO:5014
|
$46.63 Million |
|
Red Robin Gourmet Burgers Inc
NASDAQ:RRGB
|
$46.61 Million |
|
Playstudios Inc
NASDAQ:MYPS
|
$46.61 Million |
|
Abliva AB
ST:ABLI
|
$46.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in E&P Financial Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 140,205,000 to 111,286,000, a change of -28,919,000 (-20.6%).
- Net loss of 27,679,000 reduced equity.
- Share repurchases of 350,000 reduced equity.
- Other comprehensive income decreased equity by 972,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-27.68 Million | -24.87% |
| Share Repurchases | AU$350.00K | -0.31% |
| Other Comprehensive Income | AU$-972.00K | -0.87% |
| Other Changes | AU$82.00K | +0.07% |
| Total Change | AU$- | -20.63% |
Book Value vs Market Value Analysis
This analysis compares E&P Financial Group 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | AU$-0.28 | AU$0.52 | x |
| 2016-12-31 | AU$0.00 | AU$0.52 | x |
| 2017-12-31 | AU$1.21 | AU$0.52 | x |
| 2018-12-31 | AU$0.98 | AU$0.52 | x |
| 2019-12-31 | AU$0.79 | AU$0.52 | x |
| 2020-12-31 | AU$0.70 | AU$0.52 | x |
| 2021-12-31 | AU$0.70 | AU$0.52 | x |
| 2022-12-31 | AU$0.61 | AU$0.52 | x |
| 2023-12-31 | AU$0.48 | AU$0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently E&P Financial Group 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): -24.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.59%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.87x
- Recent ROE (-24.87%) is below the historical average (0.82%), 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 | 0.00% | 21.35% | 3.08x | 0.00x | AU$42.99 Million |
| 2016 | 52.31% | 13.99% | 1.15x | 3.25x | AU$24.99 Million |
| 2017 | 9.56% | 6.62% | 1.07x | 1.35x | AU$-894.90K |
| 2018 | 7.71% | 7.72% | 0.73x | 1.36x | AU$-5.00 Million |
| 2019 | -17.14% | -15.96% | 0.71x | 1.52x | AU$-48.29 Million |
| 2020 | -11.94% | -10.51% | 0.67x | 1.70x | AU$-34.61 Million |
| 2021 | 3.86% | 3.34% | 0.66x | 1.76x | AU$-10.03 Million |
| 2022 | -12.14% | -9.76% | 0.73x | 1.69x | AU$-31.05 Million |
| 2023 | -24.87% | -19.59% | 0.68x | 1.87x | AU$-38.81 Million |
Industry Comparison
This section compares E&P Financial Group Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| E&P Financial Group Ltd (EP1) | AU$111.29 Million | 0.00% | 0.87x | $46.64 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |