CORONATION FD MANAG
CORONATION FD MANAG operates in Diversified Metals & Mining.
CORONATION FD MANAG (N8C) - Net Assets
Latest net assets as of September 2023: €2.07 Billion EUR
Based on the latest financial reports, CORONATION FD MANAG (N8C) has net assets worth €2.07 Billion EUR as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€65.34 Billion) and total liabilities (€63.26 Billion). 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 | €2.07 Billion |
| % of Total Assets | 3.17% |
| Annual Growth Rate | -0.7% |
| 5-Year Change | -4.95% |
| 10-Year Change | N/A |
| Growth Volatility | 4.87 |
CORONATION FD MANAG - Net Assets Trend (2016–2023)
This chart illustrates how CORONATION FD MANAG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CORONATION FD MANAG (2016–2023)
The table below shows the annual net assets of CORONATION FD MANAG from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €2.07 Billion | +1.67% |
| 2022-09-30 | €2.04 Billion | -10.02% |
| 2021-09-30 | €2.27 Billion | -1.69% |
| 2020-09-30 | €2.31 Billion | +5.69% |
| 2019-09-30 | €2.18 Billion | -3.32% |
| 2018-09-30 | €2.26 Billion | -0.70% |
| 2017-09-30 | €2.27 Billion | +4.32% |
| 2016-09-30 | €2.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CORONATION FD MANAG'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 5.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.67 Billion | 80.46% |
| Other Components | €405.00 Million | 19.54% |
| Total Equity | €2.07 Billion | 100.00% |
CORONATION FD MANAG Competitors by Market Cap
The table below lists competitors of CORONATION FD MANAG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Keystone Law Group PLC
LSE:KEYS
|
$24.23K |
|
DAR ES SALAAM STOCK EXCHANGE PLC
DSE:DSE
|
$24.24K |
|
Colipays Reunion SA
PA:MLCLP
|
$24.24K |
|
PARK & BELLH (PKB.SG)
STU:PKB
|
$24.25K |
|
Song Da 505 JSC
VN:S55
|
$24.19K |
|
Bone Therapeutics
LSE:0R55
|
$24.13K |
|
LREN3F
SA:LREN3F
|
$24.11K |
|
Altitude International Holdings Inc
PINK:ALTD
|
$24.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CORONATION FD MANAG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,039,000,000 to 2,073,000,000, a change of 34,000,000 (1.7%).
- Net income of 640,000,000 contributed positively to equity growth.
- Dividend payments of 602,000,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €640.00 Million | +30.87% |
| Dividends Paid | €602.00 Million | -29.04% |
| Other Changes | €-4.00 Million | -0.19% |
| Total Change | €- | 1.67% |
Book Value vs Market Value Analysis
This analysis compares CORONATION FD MANAG'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: 0.40x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €6.02 | €2.40 | x |
| 2018-09-30 | €5.99 | €2.40 | x |
| 2019-09-30 | €5.81 | €2.40 | x |
| 2020-09-30 | €6.22 | €2.40 | x |
| 2021-09-30 | €6.48 | €2.40 | x |
| 2022-09-30 | €5.83 | €2.40 | x |
| 2023-09-30 | €5.93 | €2.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CORONATION FD MANAG 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): 30.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.55%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 31.52x
- Recent ROE (30.87%) is below the historical average (63.94%), 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 | 77.08% | 38.90% | 0.06x | 33.04x | €1.37 Billion |
| 2017 | 72.32% | 38.86% | 0.07x | 28.06x | €1.31 Billion |
| 2018 | 70.18% | 38.23% | 0.07x | 26.31x | €1.26 Billion |
| 2019 | 58.80% | 36.34% | 0.06x | 26.13x | €992.60 Million |
| 2020 | 64.09% | 38.28% | 0.07x | 24.73x | €1.18 Billion |
| 2021 | 75.33% | 40.04% | 0.07x | 28.61x | €1.48 Billion |
| 2022 | 62.82% | 34.27% | 0.06x | 28.86x | €1.08 Billion |
| 2023 | 30.87% | 17.55% | 0.06x | 31.52x | €432.70 Million |
Industry Comparison
This section compares CORONATION FD MANAG'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 |
|---|---|---|---|---|
| CORONATION FD MANAG (N8C) | €2.07 Billion | 77.08% | 30.52x | $24.23K |
| 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 |