MANAS RES
MANAS RES operates in Diversified Metals & Mining.
MANAS RES (MN4) - Net Assets
Latest net assets as of December 2023: €8.81 Million EUR
Based on the latest financial reports, MANAS RES (MN4) has net assets worth €8.81 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 (€9.62 Million) and total liabilities (€807.44K). 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 | €8.81 Million |
| % of Total Assets | 91.61% |
| Annual Growth Rate | -5.99% |
| 5-Year Change | -0.7% |
| 10-Year Change | N/A |
| Growth Volatility | 67.91 |
MANAS RES - Net Assets Trend (2016–2023)
This chart illustrates how MANAS RES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MANAS RES (2016–2023)
The table below shows the annual net assets of MANAS RES from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €8.81 Million | +120.30% |
| 2022-12-31 | €4.00 Million | -76.72% |
| 2021-12-31 | €17.18 Million | +112.53% |
| 2020-12-31 | €8.09 Million | -8.88% |
| 2019-12-31 | €8.87 Million | -6.95% |
| 2018-12-31 | €9.54 Million | -0.16% |
| 2017-12-31 | €9.55 Million | -29.62% |
| 2016-12-31 | €13.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MANAS RES'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 2936400300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €82.02 Million | 886.69% |
| Total Equity | €9.25 Million | 100.00% |
MANAS RES Competitors by Market Cap
The table below lists competitors of MANAS RES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GUANGZHOU AUTO -H-
BE:02G
|
$4.23K |
|
SouthEast Petrovietnam Fertilizer and Chemicals JSC
VN:PSE
|
$4.24K |
|
Vinacomin Power Holding Corp
VN:DTK
|
$4.24K |
|
NewSoft Technology Corporation
TWO:5202
|
$4.24K |
|
Cholon Real Estate JSC
VN:RCL
|
$4.23K |
|
Song Da No. 9 JSC
VN:SD9
|
$4.23K |
|
Khanh Hoa Power JSC
VN:KHP
|
$4.23K |
|
Bloomios Inc
PINK:BLMS
|
$4.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MANAS RES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,360,148 to 9,249,853, a change of 4,889,705 (112.1%).
- Net loss of 4,981,944 reduced equity.
- Share repurchases of 564,129 reduced equity.
- New share issuances of 10,361,150 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.98 Million | -53.86% |
| Share Repurchases | €564.13K | -6.1% |
| Share Issuances | €10.36 Million | +112.01% |
| Other Changes | €74.63K | +0.81% |
| Total Change | €- | 112.15% |
Book Value vs Market Value Analysis
This analysis compares MANAS RES'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: 27.81x
- 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 121.21x to 27.81x 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 | €0.00 | €0.44 | x |
| 2018-12-31 | €0.00 | €0.44 | x |
| 2019-12-31 | €0.00 | €0.44 | x |
| 2020-12-31 | €0.03 | €0.44 | x |
| 2021-12-31 | €0.04 | €0.44 | x |
| 2022-12-31 | €0.01 | €0.44 | x |
| 2023-12-31 | €0.02 | €0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MANAS RES 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): -53.86%
- 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: 1.04x
- Recent ROE (-53.86%) is above the historical average (-70.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -175.50% | 0.00% | 0.00x | 1.06x | €-25.18 Million |
| 2017 | -42.54% | 0.00% | 0.00x | 1.02x | €-5.02 Million |
| 2018 | -0.67% | 0.00% | 0.00x | 1.02x | €-1.02 Million |
| 2019 | -7.68% | 0.00% | 0.00x | 1.01x | €-1.57 Million |
| 2020 | -15.80% | 0.00% | 0.00x | 1.04x | €-2.09 Million |
| 2021 | -29.41% | 0.00% | 0.00x | 1.06x | €-6.78 Million |
| 2022 | -238.67% | 0.00% | 0.00x | 1.26x | €-10.84 Million |
| 2023 | -53.86% | 0.00% | 0.00x | 1.04x | €-5.91 Million |
Industry Comparison
This section compares MANAS RES'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 |
|---|---|---|---|---|
| MANAS RES (MN4) | €8.81 Million | -175.50% | 0.09x | $4.23K |
| 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 |