DRAIG RESOURCES
DRAIG RESOURCES operates in Diversified Metals & Mining.
DRAIG RESOURCES (C7H) - Net Assets
Latest net assets as of June 2024: €559.64 Million EUR
Based on the latest financial reports, DRAIG RESOURCES (C7H) has net assets worth €559.64 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 (€934.75 Million) and total liabilities (€375.11 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 | €559.64 Million |
| % of Total Assets | 59.87% |
| Annual Growth Rate | 102.59% |
| 5-Year Change | 485.95% |
| 10-Year Change | N/A |
| Growth Volatility | 82.16 |
DRAIG RESOURCES - Net Assets Trend (2016–2024)
This chart illustrates how DRAIG RESOURCES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DRAIG RESOURCES (2016–2024)
The table below shows the annual net assets of DRAIG RESOURCES from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €559.64 Million | +30.90% |
| 2023-06-30 | €427.55 Million | +21.97% |
| 2022-06-30 | €350.52 Million | +58.84% |
| 2021-06-30 | €220.68 Million | +131.05% |
| 2020-06-30 | €95.51 Million | +87.82% |
| 2019-06-30 | €50.85 Million | +156.20% |
| 2018-06-30 | €19.85 Million | +289.93% |
| 2017-06-30 | €5.09 Million | +158.13% |
| 2016-06-30 | €1.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DRAIG RESOURCES'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 grown by 27136700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €583.17 Million | 104.20% |
| Total Equity | €559.64 Million | 100.00% |
DRAIG RESOURCES Competitors by Market Cap
The table below lists competitors of DRAIG RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KST BETEILIG N (KSW.SG)
STU:KSW
|
$9.70K |
|
Jr Global Reit
KO:348950
|
$9.70K |
|
Central Finance Company PLC
CM:CFINN0000
|
$9.71K |
|
QRT
WAR:QRT
|
$9.72K |
|
Miciso Real Estate SOCIMI S.A.
MC:YMCS
|
$9.69K |
|
BioGend Therapeutics Co., Ltd.
TWO:6733
|
$9.69K |
|
Grounded People Apparel Inc.
PINK:GPAIF
|
$9.69K |
|
Robert Walters
LSE:RWA
|
$9.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DRAIG RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 427,545,000 to 559,640,000, a change of 132,095,000 (30.9%).
- Net income of 75,416,000 contributed positively to equity growth.
- Share repurchases of 132,000 reduced equity.
- Other factors increased equity by 56,811,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €75.42 Million | +13.48% |
| Share Repurchases | €132.00K | -0.02% |
| Other Changes | €56.81 Million | +10.15% |
| Total Change | €- | 30.90% |
Book Value vs Market Value Analysis
This analysis compares DRAIG RESOURCES'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: 2.02x
- 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 48.75x to 2.02x 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 | €0.02 | €0.96 | x |
| 2018-06-30 | €0.05 | €0.96 | x |
| 2019-06-30 | €0.10 | €0.96 | x |
| 2020-06-30 | €0.14 | €0.96 | x |
| 2021-06-30 | €0.26 | €0.96 | x |
| 2022-06-30 | €0.34 | €0.96 | x |
| 2023-06-30 | €0.38 | €0.96 | x |
| 2024-06-30 | €0.48 | €0.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DRAIG RESOURCES 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): 13.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.27%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.67x
- Recent ROE (13.48%) is above the historical average (-13.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -33.42% | 0.00% | 0.00x | 1.02x | €-856.28K |
| 2017 | -35.20% | 0.00% | 0.00x | 1.30x | €-2.30 Million |
| 2018 | -29.73% | 0.00% | 0.00x | 1.12x | €-7.89 Million |
| 2019 | -14.05% | 0.00% | 0.00x | 1.16x | €-12.23 Million |
| 2020 | -5.95% | 0.00% | 0.00x | 1.12x | €-15.24 Million |
| 2021 | -5.55% | 0.00% | 0.00x | 1.10x | €-34.31 Million |
| 2022 | -5.07% | 0.00% | 0.00x | 1.05x | €-52.82 Million |
| 2023 | -5.80% | 0.00% | 0.00x | 1.47x | €-67.54 Million |
| 2024 | 13.48% | 25.27% | 0.32x | 1.67x | €19.45 Million |
Industry Comparison
This section compares DRAIG RESOURCES'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 |
|---|---|---|---|---|
| DRAIG RESOURCES (C7H) | €559.64 Million | -33.42% | 0.67x | $9.69K |
| 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 |