HASTINGS RARE
HASTINGS RARE operates in Diversified Metals & Mining.
HASTINGS RARE (5AM) - Net Assets
Latest net assets as of June 2024: €296.42 Million EUR
Based on the latest financial reports, HASTINGS RARE (5AM) has net assets worth €296.42 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€480.00 Million) and total liabilities (€183.59 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 | €296.42 Million |
| % of Total Assets | 61.75% |
| Annual Growth Rate | 29.6% |
| 5-Year Change | 169.61% |
| 10-Year Change | N/A |
| Growth Volatility | 33.0 |
HASTINGS RARE - Net Assets Trend (2016–2024)
This chart illustrates how HASTINGS RARE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HASTINGS RARE (2016–2024)
The table below shows the annual net assets of HASTINGS RARE from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €296.42 Million | -5.95% |
| 2023-06-30 | €315.17 Million | +11.59% |
| 2022-06-30 | €282.43 Million | +27.26% |
| 2021-06-30 | €221.93 Million | +101.86% |
| 2020-06-30 | €109.94 Million | +10.56% |
| 2019-06-30 | €99.45 Million | +45.19% |
| 2018-06-30 | €68.50 Million | +63.02% |
| 2017-06-30 | €42.02 Million | +12.81% |
| 2016-06-30 | €37.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HASTINGS RARE'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 7442527900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €378.49 Million | 127.69% |
| Total Equity | €296.42 Million | 100.00% |
HASTINGS RARE Competitors by Market Cap
The table below lists competitors of HASTINGS RARE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IXONOS (TI6.SG)
STU:TI6
|
$2.86K |
|
QUICKSTEP HLDGS
BE:QIS
|
$2.86K |
|
SRI TRANG AGRO -F-
BE:YTAA
|
$2.86K |
|
BALAJEE
NSE:BALAJEE
|
$2.87K |
|
Me Lin Steel JSC
VN:MEL
|
$2.86K |
|
Berger Paints Pakistan Ltd
KAR:BERG
|
$2.86K |
|
Bim Son Cement JSC
VN:BCC
|
$2.86K |
|
ONCO3F
SA:ONCO3F
|
$2.85K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HASTINGS RARE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 315,172,510 to 296,416,650, a change of -18,755,860 (-6.0%).
- Net loss of 33,791,694 reduced equity.
- Share repurchases of 727,521 reduced equity.
- New share issuances of 17,158,082 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-33.79 Million | -11.4% |
| Share Repurchases | €727.52K | -0.25% |
| Share Issuances | €17.16 Million | +5.79% |
| Other Changes | €-1.39 Million | -0.47% |
| Total Change | €- | -5.95% |
Book Value vs Market Value Analysis
This analysis compares HASTINGS RARE'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: 0.18x
- 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 decreased from 3.65x to 0.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.08 | €0.29 | x |
| 2018-06-30 | €0.10 | €0.29 | x |
| 2019-06-30 | €0.11 | €0.29 | x |
| 2020-06-30 | €0.11 | €0.29 | x |
| 2021-06-30 | €2.42 | €0.29 | x |
| 2022-06-30 | €2.64 | €0.29 | x |
| 2023-06-30 | €2.31 | €0.29 | x |
| 2024-06-30 | €1.64 | €0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HASTINGS RARE 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): -11.40%
- 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: 1.62x
- Recent ROE (-11.40%) is below the historical average (-3.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -0.74% | 0.00% | 0.00x | 1.04x | €-4.00 Million |
| 2017 | -0.02% | 0.00% | 0.00x | 1.08x | €-4.21 Million |
| 2018 | -4.22% | 0.00% | 0.00x | 1.11x | €-9.74 Million |
| 2019 | -5.19% | 0.00% | 0.00x | 1.07x | €-15.11 Million |
| 2020 | -3.84% | 0.00% | 0.00x | 1.04x | €-15.22 Million |
| 2021 | -2.85% | 0.00% | 0.00x | 1.02x | €-28.53 Million |
| 2022 | -3.34% | 0.00% | 0.00x | 1.06x | €-37.68 Million |
| 2023 | -3.36% | 0.00% | 0.00x | 1.57x | €-42.10 Million |
| 2024 | -11.40% | 0.00% | 0.00x | 1.62x | €-63.43 Million |
Industry Comparison
This section compares HASTINGS RARE's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HASTINGS RARE (5AM) | €296.42 Million | -0.74% | 0.62x | $2.86K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |