RICHLY FIELD CHINA
RICHLY FIELD CHINA operates in Diversified Metals & Mining.
RICHLY FIELD CHINA (DJR2) - Net Assets
Latest net assets as of March 2024: €245.39 Million EUR
Based on the latest financial reports, RICHLY FIELD CHINA (DJR2) has net assets worth €245.39 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 (€1.98 Billion) and total liabilities (€1.74 Billion). 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 | €245.39 Million |
| % of Total Assets | 12.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | 215.81% |
| 10-Year Change | N/A |
| Growth Volatility | 233.49 |
RICHLY FIELD CHINA - Net Assets Trend (2017–2024)
This chart illustrates how RICHLY FIELD CHINA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RICHLY FIELD CHINA (2017–2024)
The table below shows the annual net assets of RICHLY FIELD CHINA from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €245.39 Million | -48.41% |
| 2023-03-31 | €475.67 Million | +155.81% |
| 2022-03-31 | €-852.28 Million | -121.39% |
| 2021-03-31 | €-384.96 Million | -595.43% |
| 2020-03-31 | €77.70 Million | -79.81% |
| 2019-03-31 | €384.90 Million | -43.30% |
| 2018-03-31 | €678.82 Million | +619.83% |
| 2017-03-31 | €-130.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RICHLY FIELD CHINA'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 22930000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.51 Billion | 1023.95% |
| Total Equity | €245.39 Million | 100.00% |
RICHLY FIELD CHINA Competitors by Market Cap
The table below lists competitors of RICHLY FIELD CHINA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ST Energy Transition I Ltd.
PINK:STETW
|
$19.80 |
|
China New Energy Group Co
PINK:CNER
|
$19.90 |
|
WANG ON GROUP
MU:WON1
|
$19.93 |
|
National Lampoon Inc
PINK:NLMP
|
$19.94 |
|
NNRF Inc
PINK:NNRI
|
$19.58 |
|
ICFG Limited
LSE:ICFG
|
$19.53 |
|
PROPLASTICS LIMITED
XZIM:PROL
|
$19.50 |
|
STRATEX INTL
BE:S1Y
|
$19.39 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RICHLY FIELD CHINA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 475,673,000 to 245,392,000, a change of -230,281,000 (-48.4%).
- Net loss of 222,262,000 reduced equity.
- Other factors decreased equity by 8,019,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-222.26 Million | -90.57% |
| Other Changes | €-8.02 Million | -3.27% |
| Total Change | €- | -48.41% |
Book Value vs Market Value Analysis
This analysis compares RICHLY FIELD CHINA'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: 0.19x
- 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 | €-0.01 | €0.00 | x |
| 2018-03-31 | €0.03 | €0.00 | x |
| 2019-03-31 | €0.02 | €0.00 | x |
| 2020-03-31 | €0.00 | €0.00 | x |
| 2021-03-31 | €-0.02 | €0.00 | x |
| 2022-03-31 | €-0.04 | €0.00 | x |
| 2023-03-31 | €0.02 | €0.00 | x |
| 2024-03-31 | €0.01 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RICHLY FIELD CHINA 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): -90.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -696.29%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 8.09x
- Recent ROE (-90.57%) is below the historical average (-37.32%), 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 | 0.00% | -558.74% | 0.02x | 0.00x | €-330.52 Million |
| 2018 | -57.69% | -200.49% | 0.04x | 7.45x | €-459.51 Million |
| 2019 | -69.71% | -94.41% | 0.06x | 11.78x | €-306.79 Million |
| 2020 | -379.47% | -162.29% | 0.04x | 60.15x | €-302.63 Million |
| 2021 | 0.00% | -1009.72% | 0.01x | 0.00x | €-377.19 Million |
| 2022 | 0.00% | -62.56% | 0.12x | 0.00x | €-313.66 Million |
| 2023 | 298.91% | 2749.70% | 0.02x | 4.52x | €1.37 Billion |
| 2024 | -90.57% | -696.29% | 0.02x | 8.09x | €-246.80 Million |
Industry Comparison
This section compares RICHLY FIELD CHINA'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 |
|---|---|---|---|---|
| RICHLY FIELD CHINA (DJR2) | €245.39 Million | 0.00% | 7.09x | $19.68 |
| 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 |