LABAT AFRICA
LABAT AFRICA operates in Diversified Metals & Mining.
LABAT AFRICA (LAO) - Net Assets
Latest net assets as of February 2022: €86.95 Million EUR
Based on the latest financial reports, LABAT AFRICA (LAO) has net assets worth €86.95 Million EUR as of February 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€219.14 Million) and total liabilities (€132.19 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 | €86.95 Million |
| % of Total Assets | 39.68% |
| Annual Growth Rate | 72.55% |
| 5-Year Change | 727.24% |
| 10-Year Change | N/A |
| Growth Volatility | 137.62 |
LABAT AFRICA - Net Assets Trend (2016–2021)
This chart illustrates how LABAT AFRICA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LABAT AFRICA (2016–2021)
The table below shows the annual net assets of LABAT AFRICA from 2016 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-08-31 | €101.31 Million | +33.36% |
| 2020-08-31 | €75.96 Million | +320.60% |
| 2019-08-31 | €-34.43 Million | -238.67% |
| 2018-08-31 | €24.83 Million | +102.76% |
| 2017-08-31 | €12.25 Million | +84.82% |
| 2016-08-31 | €6.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LABAT AFRICA'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 6842691400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2021)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €212.64 Million | 232.16% |
| Total Equity | €91.59 Million | 100.00% |
LABAT AFRICA Competitors by Market Cap
The table below lists competitors of LABAT AFRICA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CurrentC Power Corporation
PINK:AECX
|
$182.12 |
|
Sadhana Nitro Chem Limited
NSE:SADHNANIQ
|
$182.16 |
|
Surface Transforms Plc
LSE:SCE
|
$182.19 |
|
LIANHUA SUPERMKT-H- (LSJ.SG)
STU:LSJ
|
$182.31 |
|
Gamedust S.A.
WAR:GDC
|
$181.60 |
|
TRAFFIC TECH
BE:T2O
|
$181.46 |
|
Premiere Island Power REIT Corp.
PSE:PREIT
|
$181.41 |
|
Toggle3D.ai Inc.
PINK:TGGLF
|
$181.34 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LABAT AFRICA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 69,791,000 to 91,592,000, a change of 21,801,000 (31.2%).
- Net loss of 22,770,000 reduced equity.
- New share issuances of 21,167,000 increased equity.
- Other factors increased equity by 23,404,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-22.77 Million | -24.86% |
| Share Issuances | €21.17 Million | +23.11% |
| Other Changes | €23.40 Million | +25.55% |
| Total Change | €- | 31.24% |
Book Value vs Market Value Analysis
This analysis compares LABAT AFRICA'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: 0.10x
- 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 0.40x to 0.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-08-31 | €0.05 | €0.02 | x |
| 2018-08-31 | €0.10 | €0.02 | x |
| 2019-08-31 | €-0.12 | €0.02 | x |
| 2020-08-31 | €0.18 | €0.02 | x |
| 2021-08-31 | €0.19 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LABAT AFRICA 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): -24.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -77.79%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.43x
- Recent ROE (-24.86%) is below the historical average (34.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 126.72% | 58.67% | 0.61x | 3.55x | €7.73 Million |
| 2017 | 37.90% | 8.92% | 1.13x | 3.74x | €3.42 Million |
| 2018 | 50.68% | 17.16% | 1.17x | 2.53x | €10.10 Million |
| 2019 | 0.00% | -11.83% | 3.14x | 0.00x | €-69.50 Million |
| 2020 | 14.87% | 25.78% | 0.21x | 2.72x | €3.40 Million |
| 2021 | -24.86% | -77.79% | 0.13x | 2.43x | €-31.93 Million |
Industry Comparison
This section compares LABAT AFRICA'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 |
|---|---|---|---|---|
| LABAT AFRICA (LAO) | €86.95 Million | 126.72% | 1.52x | $181.92 |
| 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 |