ADL PARTNER
ADL PARTNER operates in Diversified Metals & Mining.
ADL PARTNER (DLU) - Net Assets
Latest net assets as of December 2023: €51.11 Million EUR
Based on the latest financial reports, ADL PARTNER (DLU) has net assets worth €51.11 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 (€197.56 Million) and total liabilities (€146.45 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 | €51.11 Million |
| % of Total Assets | 25.87% |
| Annual Growth Rate | 11.79% |
| 5-Year Change | 125.33% |
| 10-Year Change | N/A |
| Growth Volatility | 16.25 |
ADL PARTNER - Net Assets Trend (2016–2023)
This chart illustrates how ADL PARTNER's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ADL PARTNER (2016–2023)
The table below shows the annual net assets of ADL PARTNER from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €51.11 Million | +36.88% |
| 2022-12-31 | €37.34 Million | +21.35% |
| 2021-12-31 | €30.77 Million | +32.96% |
| 2020-12-31 | €23.14 Million | +2.02% |
| 2019-12-31 | €22.68 Million | +6.78% |
| 2018-12-31 | €21.24 Million | -1.33% |
| 2017-12-31 | €21.53 Million | -8.10% |
| 2016-12-31 | €23.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ADL PARTNER'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 127.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €12.44 Million | 36.64% |
| Other Components | €21.52 Million | 63.36% |
| Total Equity | €33.96 Million | 100.00% |
ADL PARTNER Competitors by Market Cap
The table below lists competitors of ADL PARTNER ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HICL Infrastructure Company Ltd
LSE:HICL
|
$274.02K |
|
Euroseas Ltd. Ex-Distribution When Issued
NASDAQ:ESEAV
|
$274.07K |
|
NESTE OIL
MU:NEF
|
$274.34K |
|
DAIWA HOUSE IND - Dusseldorf Stock Exchang
DU:DWH
|
$274.43K |
|
PVEX
BATS:PVEX
|
$273.96K |
|
Vibe Growth Corporation
PINK:VIBEF
|
$273.90K |
|
Green River Gold Corp
PINK:CCRRF
|
$273.78K |
|
S'TOMO MITSUI FINL
MU:XMF
|
$273.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ADL PARTNER's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 23,915,000 to 33,961,000, a change of 10,046,000 (42.0%).
- Net income of 12,442,000 contributed positively to equity growth.
- Dividend payments of 3,499,000 reduced retained earnings.
- Other factors increased equity by 1,103,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €12.44 Million | +36.64% |
| Dividends Paid | €3.50 Million | -10.3% |
| Other Changes | €1.10 Million | +3.25% |
| Total Change | €- | 42.01% |
Book Value vs Market Value Analysis
This analysis compares ADL PARTNER'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: 3.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.90x to 3.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.52 | €27.00 | x |
| 2018-12-31 | €4.87 | €27.00 | x |
| 2019-12-31 | €5.02 | €27.00 | x |
| 2020-12-31 | €4.97 | €27.00 | x |
| 2021-12-31 | €5.22 | €27.00 | x |
| 2022-12-31 | €5.98 | €27.00 | x |
| 2023-12-31 | €8.56 | €27.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ADL PARTNER 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): 36.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.23%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 5.82x
- Recent ROE (36.64%) is above the historical average (34.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 23.35% | 4.47% | 1.38x | 3.78x | €3.13 Million |
| 2017 | 20.88% | 3.68% | 1.35x | 4.20x | €2.38 Million |
| 2018 | 47.86% | 7.40% | 1.28x | 5.07x | €7.32 Million |
| 2019 | 26.24% | 3.78% | 1.21x | 5.74x | €3.24 Million |
| 2020 | 33.22% | 4.66% | 1.11x | 6.42x | €4.53 Million |
| 2021 | 40.91% | 5.17% | 1.10x | 7.22x | €6.42 Million |
| 2022 | 45.54% | 6.01% | 0.99x | 7.68x | €8.50 Million |
| 2023 | 36.64% | 6.23% | 1.01x | 5.82x | €9.05 Million |
Industry Comparison
This section compares ADL PARTNER'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 |
|---|---|---|---|---|
| ADL PARTNER (DLU) | €51.11 Million | 23.35% | 2.87x | $273.96K |
| 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 |