Renu Energy Ltd
ReNu Energy Limited, together with its subsidiaries, develops renewable and clean energy solutions in Australia. It operates through Hydrogen; and Renewable & Clean Energy Investments segments. The company originates and develops green hydrogen projects; and develops, assembles, and sells batteries designed for re-use and repair. It also develops a water-based electrolyte for use in redox flow ba… Read more
Renu Energy Ltd (RNE) - Net Assets
Latest net assets as of December 2024: AU$3.29 Million AUD
Based on the latest financial reports, Renu Energy Ltd (RNE) has net assets worth AU$3.29 Million AUD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.68 Million) and total liabilities (AU$1.38 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$3.29 Million |
| % of Total Assets | 70.45% |
| Annual Growth Rate | 13.72% |
| 5-Year Change | 558.32% |
| 10-Year Change | -35.34% |
| Growth Volatility | 310.74 |
Renu Energy Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Renu Energy 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 Renu Energy Ltd (2002–2024)
The table below shows the annual net assets of Renu Energy Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$15.69 Million | -8.20% |
| 2023-06-30 | AU$17.09 Million | +24.84% |
| 2022-06-30 | AU$13.69 Million | +407.39% |
| 2021-06-30 | AU$2.70 Million | +13.21% |
| 2020-06-30 | AU$2.38 Million | -66.18% |
| 2019-06-30 | AU$7.05 Million | -18.55% |
| 2018-06-30 | AU$8.65 Million | -26.09% |
| 2017-06-30 | AU$11.70 Million | -31.71% |
| 2016-06-30 | AU$17.14 Million | -29.35% |
| 2015-06-30 | AU$24.26 Million | -36.85% |
| 2014-06-30 | AU$38.42 Million | -23.85% |
| 2013-06-30 | AU$50.45 Million | -67.33% |
| 2012-06-30 | AU$154.42 Million | -0.13% |
| 2011-06-30 | AU$154.62 Million | -42.71% |
| 2010-06-30 | AU$269.88 Million | -4.58% |
| 2009-06-30 | AU$282.82 Million | +11.62% |
| 2008-06-30 | AU$253.39 Million | +82.19% |
| 2007-06-30 | AU$139.08 Million | +69.32% |
| 2006-06-30 | AU$82.14 Million | +20.37% |
| 2005-06-30 | AU$68.24 Million | +75.21% |
| 2004-06-30 | AU$38.95 Million | +173.42% |
| 2003-06-30 | AU$14.24 Million | +1438.29% |
| 2002-06-30 | AU$926.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renu Energy 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 36382244600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$377.77 Million | 2408.33% |
| Other Comprehensive Income | AU$1.74 Million | 11.10% |
| Total Equity | AU$15.69 Million | 100.00% |
Renu Energy Ltd Competitors by Market Cap
The table below lists competitors of Renu Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alkemy Capital Investments Plc
LSE:ALK
|
$5.48K |
|
Iron Wolf Studio S.A.
WAR:IWS
|
$5.49K |
|
Acorn Capital Investment Fund Ltd
AU:ACQ
|
$5.49K |
|
Soaring Technology Co.,Ltd.
TWO:6222
|
$5.49K |
|
Running Fox Resource Corp
PINK:RFXRF
|
$5.48K |
|
Chineseworldnet.Com Inc
PINK:CWNOF
|
$5.47K |
|
Keells Food Products PLC
CM:KFPN0000
|
$5.46K |
|
Infrastructure Materials Corp
PINK:IFAM
|
$5.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renu Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,086,385 to 15,685,868, a change of -1,400,517 (-8.2%).
- Net loss of 5,087,876 reduced equity.
- Share repurchases of 271,035 reduced equity.
- New share issuances of 2,793,579 increased equity.
- Other comprehensive income increased equity by 257,121.
- Other factors increased equity by 907,694.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.09 Million | -32.44% |
| Share Repurchases | AU$271.04K | -1.73% |
| Share Issuances | AU$2.79 Million | +17.81% |
| Other Comprehensive Income | AU$257.12K | +1.64% |
| Other Changes | AU$907.69K | +5.79% |
| Total Change | AU$- | -8.20% |
Book Value vs Market Value Analysis
This analysis compares Renu Energy 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: 8.55x
- 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 increased from 0.05x to 8.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | AU$4.44 | AU$0.20 | x |
| 2004-06-30 | AU$6.46 | AU$0.20 | x |
| 2005-06-30 | AU$7.79 | AU$0.20 | x |
| 2006-06-30 | AU$7.65 | AU$0.20 | x |
| 2007-06-30 | AU$7.89 | AU$0.20 | x |
| 2008-06-30 | AU$11.43 | AU$0.20 | x |
| 2009-06-30 | AU$9.36 | AU$0.20 | x |
| 2010-06-30 | AU$8.68 | AU$0.20 | x |
| 2011-06-30 | AU$4.59 | AU$0.20 | x |
| 2012-06-30 | AU$3.76 | AU$0.20 | x |
| 2013-06-30 | AU$1.16 | AU$0.20 | x |
| 2014-06-30 | AU$0.77 | AU$0.20 | x |
| 2015-06-30 | AU$0.47 | AU$0.20 | x |
| 2016-06-30 | AU$0.32 | AU$0.20 | x |
| 2017-06-30 | AU$0.20 | AU$0.20 | x |
| 2018-06-30 | AU$0.11 | AU$0.20 | x |
| 2019-06-30 | AU$0.06 | AU$0.20 | x |
| 2020-06-30 | AU$0.02 | AU$0.20 | x |
| 2021-06-30 | AU$0.02 | AU$0.20 | x |
| 2022-06-30 | AU$0.06 | AU$0.20 | x |
| 2023-06-30 | AU$0.04 | AU$0.20 | x |
| 2024-06-30 | AU$0.02 | AU$0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renu Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-32.44%) is above the historical average (-43.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -3.75% | -19.03% | 0.15x | 1.30x | AU$-1.96 Million |
| 2004 | -5.19% | -59.99% | 0.08x | 1.09x | AU$-5.92 Million |
| 2005 | -5.10% | -823.77% | 0.01x | 1.08x | AU$-10.30 Million |
| 2006 | -4.83% | -2273.00% | 0.00x | 1.13x | AU$-12.18 Million |
| 2007 | -3.92% | 0.00% | 0.00x | 1.04x | AU$-19.36 Million |
| 2008 | -2.91% | 0.00% | 0.00x | 1.06x | AU$-32.72 Million |
| 2009 | -5.41% | 0.00% | 0.00x | 1.07x | AU$-43.59 Million |
| 2010 | -5.47% | 0.00% | 0.00x | 1.06x | AU$-41.75 Million |
| 2011 | -87.68% | 0.00% | 0.00x | 1.10x | AU$-151.02 Million |
| 2012 | -7.62% | 0.00% | 0.00x | 1.16x | AU$-27.21 Million |
| 2013 | -208.31% | 0.00% | 0.00x | 1.21x | AU$-110.14 Million |
| 2014 | -38.48% | 0.00% | 0.00x | 1.34x | AU$-18.62 Million |
| 2015 | -59.54% | -1465.01% | 0.03x | 1.35x | AU$-16.87 Million |
| 2016 | -61.63% | -2708.21% | 0.02x | 1.28x | AU$-12.28 Million |
| 2017 | -56.37% | -2121.54% | 0.02x | 1.27x | AU$-7.77 Million |
| 2018 | -63.70% | -2334.75% | 0.02x | 1.69x | AU$-6.38 Million |
| 2019 | -41.76% | -1430.10% | 0.02x | 1.55x | AU$-3.65 Million |
| 2020 | -188.44% | -2969.67% | 0.04x | 1.79x | AU$-4.73 Million |
| 2021 | -43.33% | -4827.69% | 0.01x | 1.27x | AU$-1.44 Million |
| 2022 | -20.64% | -5102.14% | 0.00x | 1.07x | AU$-4.19 Million |
| 2023 | -6.82% | -2472.35% | 0.00x | 1.05x | AU$-2.87 Million |
| 2024 | -32.44% | 0.00% | 0.00x | 1.08x | AU$-6.66 Million |
Industry Comparison
This section compares Renu Energy Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,010,128,537
- Average return on equity (ROE) among peers: -1436.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renu Energy Ltd (RNE) | AU$3.29 Million | -3.75% | 0.42x | $5.48K |
| Botala Energy Ltd (BTE) | $16.52 Million | -12173.22% | 0.09x | $2.55 Million |
| Contact Energy Ltd (CEN) | $2.99 Billion | 4.82% | 0.47x | $4.29 Billion |
| Delorean Corporation Ltd (DEL) | $7.85 Million | -83.44% | 5.15x | $5.95 Million |
| Frontier Energy Ltd (FHE) | $225.36K | -606.12% | 0.67x | $47.63 Million |
| Green Critical Minerals Ltd (GCM) | $18.71 Million | -14.80% | 0.03x | $15.91 Million |
| Janus Electric Holdings Ltd (JNS) | $11.70 Million | -56.37% | 0.27x | $384.47K |
| LGI Ltd (LGI) | $52.80 Million | 12.64% | 0.68x | $97.91 Million |
| Meridian Energy Ltd (MEZ) | $5.99 Billion | 1.59% | 0.67x | $3.55 Billion |
| Timah Resources Ltd (TML) | $7.84 Million | -9.34% | 1.51x | $262.36K |