1300 SMILES
1300 SMILES operates in Diversified Metals & Mining.
1300 SMILES (AZ9) - Net Assets
Latest net assets as of December 2023: €960.62 Million EUR
Based on the latest financial reports, 1300 SMILES (AZ9) has net assets worth €960.62 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.80 Billion) and total liabilities (€835.76 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 | €960.62 Million |
| % of Total Assets | 53.48% |
| Annual Growth Rate | 51.62% |
| 5-Year Change | 2235.4% |
| 10-Year Change | N/A |
| Growth Volatility | 193.59 |
1300 SMILES - Net Assets Trend (2016–2024)
This chart illustrates how 1300 SMILES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 1300 SMILES (2016–2024)
The table below shows the annual net assets of 1300 SMILES from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €960.62 Million | +1.53% |
| 2023-06-30 | €946.10 Million | +18.70% |
| 2022-06-30 | €797.02 Million | +180.62% |
| 2021-06-30 | €284.02 Million | +590.50% |
| 2020-06-30 | €41.13 Million | +2.61% |
| 2019-06-30 | €40.09 Million | +5.17% |
| 2018-06-30 | €38.11 Million | +5.56% |
| 2017-06-30 | €36.10 Million | +4.95% |
| 2016-06-30 | €34.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 1300 SMILES'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €960.73 Million | 100.00% |
| Total Equity | €960.73 Million | 100.00% |
1300 SMILES Competitors by Market Cap
The table below lists competitors of 1300 SMILES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ITSA4F
SA:ITSA4F
|
$21.78K |
|
i3 Interactive Inc
PINK:BLITF
|
$21.80K |
|
Vanguard Green Investment Limited
PINK:VGES
|
$21.82K |
|
InfraCom Group AB
F:8HG
|
$21.83K |
|
Seahawk Gold Corp
PINK:SEHKF
|
$21.77K |
|
Nuoc Trong Hydro Power JSC
VN:NTH
|
$21.75K |
|
Mineral Mountain Mining & Milling Co
PINK:MMMM
|
$21.74K |
|
CN RESOURCES POWER
MU:CRP
|
$21.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 1300 SMILES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 946,190,000 to 960,725,000, a change of 14,535,000 (1.5%).
- Net loss of 37,137,000 reduced equity.
- Dividend payments of 36,691,000 reduced retained earnings.
- New share issuances of 100,168,000 increased equity.
- Other factors decreased equity by 11,805,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-37.14 Million | -3.87% |
| Dividends Paid | €36.69 Million | -3.82% |
| Share Issuances | €100.17 Million | +10.43% |
| Other Changes | €-11.80 Million | -1.23% |
| Total Change | €- | 1.54% |
Book Value vs Market Value Analysis
This analysis compares 1300 SMILES'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: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.40x to 1.14x 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 | €1.52 | €2.14 | x |
| 2018-06-30 | €1.61 | €2.14 | x |
| 2019-06-30 | €1.69 | €2.14 | x |
| 2020-06-30 | €1.74 | €2.14 | x |
| 2021-06-30 | €0.54 | €2.14 | x |
| 2022-06-30 | €1.66 | €2.14 | x |
| 2023-06-30 | €1.93 | €2.14 | x |
| 2024-06-30 | €1.88 | €2.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 1300 SMILES 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): -3.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.70%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.87x
- Recent ROE (-3.87%) is below the historical average (16.13%), 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 | 22.16% | 21.34% | 0.86x | 1.21x | €4.18 Million |
| 2017 | 20.14% | 20.48% | 0.78x | 1.26x | €3.66 Million |
| 2018 | 20.03% | 19.83% | 0.80x | 1.26x | €3.82 Million |
| 2019 | 19.39% | 19.84% | 0.68x | 1.43x | €3.76 Million |
| 2020 | 17.37% | 18.81% | 0.51x | 1.80x | €3.03 Million |
| 2021 | 17.08% | 3.69% | 1.10x | 4.20x | €18.39 Million |
| 2022 | 18.14% | 8.22% | 0.85x | 2.58x | €64.84 Million |
| 2023 | 14.73% | 7.01% | 1.07x | 1.97x | €44.75 Million |
| 2024 | -3.87% | -2.70% | 0.77x | 1.87x | €-133.21 Million |
Industry Comparison
This section compares 1300 SMILES'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 |
|---|---|---|---|---|
| 1300 SMILES (AZ9) | €960.62 Million | 22.16% | 0.87x | $21.77K |
| 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 |