IMAGE RESOURCES
IMAGE RESOURCES operates in Diversified Metals & Mining.
IMAGE RESOURCES (I5R) - Net Assets
Latest net assets as of December 2023: €110.72 Million EUR
Based on the latest financial reports, IMAGE RESOURCES (I5R) has net assets worth €110.72 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 (€165.66 Million) and total liabilities (€54.95 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 | €110.72 Million |
| % of Total Assets | 66.83% |
| Annual Growth Rate | 40.52% |
| 5-Year Change | 35.37% |
| 10-Year Change | N/A |
| Growth Volatility | 92.99 |
IMAGE RESOURCES - Net Assets Trend (2016–2023)
This chart illustrates how IMAGE 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 IMAGE RESOURCES (2016–2023)
The table below shows the annual net assets of IMAGE RESOURCES from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €110.72 Million | -4.71% |
| 2022-12-31 | €116.20 Million | +4.77% |
| 2021-12-31 | €110.90 Million | +2.09% |
| 2020-12-31 | €108.63 Million | +32.81% |
| 2019-12-31 | €81.79 Million | +43.99% |
| 2018-12-31 | €56.80 Million | +280.85% |
| 2017-12-31 | €14.91 Million | +45.62% |
| 2016-12-31 | €10.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IMAGE 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 933641200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €144.96 Million | 130.92% |
| Total Equity | €110.72 Million | 100.00% |
IMAGE RESOURCES Competitors by Market Cap
The table below lists competitors of IMAGE RESOURCES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UNITY BIOTECHN. DL-0001
F:9U90
|
$300.12 |
|
CHANGMAO BIOCHEM-H-
BE:CZB
|
$300.20 |
|
Gem Resources Plc
LSE:GEMR
|
$300.44 |
|
Nitches Inc
PINK:NICH
|
$300.65 |
|
Mansourah Poultry
EGX:MPCO
|
$299.82 |
|
Unity Foods Ltd
KAR:UNITY
|
$299.59 |
|
Saif Power Ltd
KAR:SPWL
|
$298.98 |
|
Medical Packaging Company
EGX:MEDP
|
$298.59 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IMAGE RESOURCES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 116,197,000 to 110,720,000, a change of -5,477,000 (-4.7%).
- Net loss of 4,707,000 reduced equity.
- Dividend payments of 980,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.71 Million | -4.25% |
| Dividends Paid | €980.00K | -0.89% |
| Other Changes | €210.00K | +0.19% |
| Total Change | €- | -4.71% |
Book Value vs Market Value Analysis
This analysis compares IMAGE 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: 0.29x
- 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.
- The price-to-book ratio has decreased from 1.23x to 0.29x 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 | €0.02 | €0.03 | x |
| 2018-12-31 | €0.06 | €0.03 | x |
| 2019-12-31 | €0.08 | €0.03 | x |
| 2020-12-31 | €0.11 | €0.03 | x |
| 2021-12-31 | €0.11 | €0.03 | x |
| 2022-12-31 | €0.11 | €0.03 | x |
| 2023-12-31 | €0.10 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IMAGE 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): -4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.95%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.50x
- Recent ROE (-4.25%) is below the historical average (-2.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -31.80% | 0.00% | 0.00x | 0.00x | €-5.48 Million |
| 2016 | -27.86% | 0.00% | 0.00x | 1.44x | €-3.88 Million |
| 2017 | -53.73% | -332808.26% | 0.00x | 1.34x | €-9.51 Million |
| 2018 | 12.90% | 0.00% | 0.00x | 2.42x | €1.65 Million |
| 2019 | 25.47% | 14.25% | 0.86x | 2.09x | €12.65 Million |
| 2020 | 22.81% | 14.05% | 1.03x | 1.58x | €13.92 Million |
| 2021 | 17.48% | 10.84% | 1.00x | 1.62x | €8.29 Million |
| 2022 | 13.05% | 8.84% | 0.85x | 1.73x | €3.55 Million |
| 2023 | -4.25% | -3.95% | 0.72x | 1.50x | €-15.78 Million |
Industry Comparison
This section compares IMAGE 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 |
|---|---|---|---|---|
| IMAGE RESOURCES (I5R) | €110.72 Million | -31.80% | 0.50x | $299.84 |
| 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 |