ENCOUNTER RESOURCES
ENCOUNTER RESOURCES operates in Diversified Metals & Mining.
ENCOUNTER RESOURCES (E6H) - Net Assets
Latest net assets as of June 2024: €36.25 Million EUR
Based on the latest financial reports, ENCOUNTER RESOURCES (E6H) has net assets worth €36.25 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 (€37.93 Million) and total liabilities (€1.68 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 | €36.25 Million |
| % of Total Assets | 95.56% |
| Annual Growth Rate | 7.74% |
| 5-Year Change | 121.92% |
| 10-Year Change | N/A |
| Growth Volatility | 32.33 |
ENCOUNTER RESOURCES - Net Assets Trend (2016–2024)
This chart illustrates how ENCOUNTER 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 ENCOUNTER RESOURCES (2016–2024)
The table below shows the annual net assets of ENCOUNTER RESOURCES from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €36.25 Million | +25.68% |
| 2023-06-30 | €28.84 Million | +78.12% |
| 2022-06-30 | €16.19 Million | -24.71% |
| 2021-06-30 | €21.51 Million | +31.67% |
| 2020-06-30 | €16.33 Million | +3.89% |
| 2019-06-30 | €15.72 Million | +5.44% |
| 2018-06-30 | €14.91 Million | -32.26% |
| 2017-06-30 | €22.01 Million | +10.27% |
| 2016-06-30 | €19.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ENCOUNTER 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 decreased by 1745794600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €68.67 Million | 189.44% |
| Total Equity | €36.25 Million | 100.00% |
ENCOUNTER RESOURCES Competitors by Market Cap
The table below lists competitors of ENCOUNTER RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gypsum And Cement JSC
VN:TXM
|
$1.80K |
|
Sable Exploration and Mining Ltd
JSE:SXM
|
$1.80K |
|
MEWAH INTL (MWX.SG)
STU:MWX
|
$1.80K |
|
MONTEZUMA MINING
BE:QFP
|
$1.81K |
|
Chess Depositary Interests 1:1 Deferred Settlement
AU:EMNDA
|
$1.80K |
|
KONGSB AUTOM HOLD
BE:K3A
|
$1.80K |
|
RDC PROPERTIES LIMITED
XBOT:RDCP-EQU
|
$1.80K |
|
B92
LSE:B90
|
$1.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENCOUNTER RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,843,623 to 36,249,890, a change of 7,406,267 (25.7%).
- Net loss of 4,331,728 reduced equity.
- Share repurchases of 578,048 reduced equity.
- New share issuances of 11,645,800 increased equity.
- Other factors increased equity by 670,243.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.33 Million | -11.95% |
| Share Repurchases | €578.05K | -1.59% |
| Share Issuances | €11.65 Million | +32.13% |
| Other Changes | €670.24K | +1.85% |
| Total Change | €- | 25.68% |
Book Value vs Market Value Analysis
This analysis compares ENCOUNTER 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: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.66x to 2.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.12 | €0.19 | x |
| 2018-06-30 | €0.06 | €0.19 | x |
| 2019-06-30 | €0.06 | €0.19 | x |
| 2020-06-30 | €0.06 | €0.19 | x |
| 2021-06-30 | €0.07 | €0.19 | x |
| 2022-06-30 | €0.05 | €0.19 | x |
| 2023-06-30 | €0.07 | €0.19 | x |
| 2024-06-30 | €0.08 | €0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENCOUNTER 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): -11.95%
- 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: 1.05x
- Recent ROE (-11.95%) is above the historical average (-12.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -29.07% | 0.00% | 0.00x | 1.05x | €-7.80 Million |
| 2017 | -5.97% | 0.00% | 0.00x | 1.05x | €-3.51 Million |
| 2018 | -67.97% | 0.00% | 0.00x | 1.06x | €-11.63 Million |
| 2019 | -6.77% | 0.00% | 0.00x | 1.03x | €-2.64 Million |
| 2020 | -6.89% | 0.00% | 0.00x | 1.03x | €-2.76 Million |
| 2021 | -7.13% | 0.00% | 0.00x | 1.04x | €-3.68 Million |
| 2022 | 27.35% | 0.00% | 0.00x | 1.03x | €2.81 Million |
| 2023 | -4.96% | 0.00% | 0.00x | 1.05x | €-4.31 Million |
| 2024 | -11.95% | 0.00% | 0.00x | 1.05x | €-7.96 Million |
Industry Comparison
This section compares ENCOUNTER RESOURCES's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ENCOUNTER RESOURCES (E6H) | €36.25 Million | -29.07% | 0.05x | $1.80K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |