ASIA CASSAVA RESOUR
ASIA CASSAVA RESOUR operates in Diversified Metals & Mining.
ASIA CASSAVA RESOUR (0ACS) - Net Assets
Latest net assets as of March 2024: €483.95 Million EUR
Based on the latest financial reports, ASIA CASSAVA RESOUR (0ACS) has net assets worth €483.95 Million EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.47 Billion) and total liabilities (€983.59 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 | €483.95 Million |
| % of Total Assets | 32.98% |
| Annual Growth Rate | -6.88% |
| 5-Year Change | -42.81% |
| 10-Year Change | N/A |
| Growth Volatility | 12.49 |
ASIA CASSAVA RESOUR - Net Assets Trend (2017–2024)
This chart illustrates how ASIA CASSAVA RESOUR's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ASIA CASSAVA RESOUR (2017–2024)
The table below shows the annual net assets of ASIA CASSAVA RESOUR from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €483.95 Million | -26.96% |
| 2023-03-31 | €662.55 Million | -20.45% |
| 2022-03-31 | €832.91 Million | +4.01% |
| 2021-03-31 | €800.78 Million | -5.36% |
| 2020-03-31 | €846.18 Million | -7.33% |
| 2019-03-31 | €913.15 Million | +7.88% |
| 2018-03-31 | €846.41 Million | +6.21% |
| 2017-03-31 | €796.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASIA CASSAVA RESOUR'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 30.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €373.52 Million | 61.16% |
| Other Components | €237.22 Million | 38.84% |
| Total Equity | €610.74 Million | 100.00% |
ASIA CASSAVA RESOUR Competitors by Market Cap
The table below lists competitors of ASIA CASSAVA RESOUR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dice Sport & Casual Wear
EGX:DSCW
|
$344.05 |
|
Eastern Merchants PLC
CM:EMERN0000
|
$344.11 |
|
Orient Rental Modaraba
KAR:ORM
|
$344.62 |
|
Max’s Group Inc
PSE:MAXS
|
$345.15 |
|
Brøndbyernes IF Fodbold A/S
STU:BYXB
|
$343.81 |
|
Pace Pakistan Ltd
KAR:PACE
|
$343.53 |
|
CONTRALADORA AXEL SAB
MX:CTAXTELA
|
$343.48 |
|
El Arabia Engineering Industries
EGX:EEII
|
$343.16 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASIA CASSAVA RESOUR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 751,679,000 to 610,739,000, a change of -140,940,000 (-18.8%).
- Net loss of 111,360,000 reduced equity.
- Other factors decreased equity by 29,580,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-111.36 Million | -18.23% |
| Other Changes | €-29.58 Million | -4.84% |
| Total Change | €- | -18.75% |
Book Value vs Market Value Analysis
This analysis compares ASIA CASSAVA RESOUR'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: 0.03x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €1.36 | €0.04 | x |
| 2018-03-31 | €1.45 | €0.04 | x |
| 2019-03-31 | €1.50 | €0.04 | x |
| 2020-03-31 | €1.43 | €0.04 | x |
| 2021-03-31 | €1.42 | €0.04 | x |
| 2022-03-31 | €1.49 | €0.04 | x |
| 2023-03-31 | €1.29 | €0.04 | x |
| 2024-03-31 | €1.04 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASIA CASSAVA RESOUR 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): -18.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.33%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.40x
- Recent ROE (-18.23%) is below the historical average (-2.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.14% | 0.86% | 1.46x | 1.71x | €-62.63 Million |
| 2018 | 3.92% | 1.46% | 1.32x | 2.03x | €-51.49 Million |
| 2019 | 2.98% | 1.61% | 0.69x | 2.67x | €-61.40 Million |
| 2020 | -4.12% | -2.41% | 0.61x | 2.82x | €-117.73 Million |
| 2021 | -0.86% | -0.26% | 1.02x | 3.22x | €-90.08 Million |
| 2022 | 5.16% | 1.25% | 1.23x | 3.35x | €-42.24 Million |
| 2023 | -12.60% | -2.39% | 1.94x | 2.72x | €-169.88 Million |
| 2024 | -18.23% | -9.33% | 0.81x | 2.40x | €-172.43 Million |
Industry Comparison
This section compares ASIA CASSAVA RESOUR's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $119,098,012,404
- Average return on equity (ROE) among peers: 7.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASIA CASSAVA RESOUR (0ACS) | €483.95 Million | 2.14% | 2.03x | $343.89 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |