Asset Plus Ltd
Asset Plus Ltd operates in Diversified Metals & Mining.
Asset Plus Ltd (NQ4) - Net Assets
Latest net assets as of March 2024: €141.21 Million EUR
Based on the latest financial reports, Asset Plus Ltd (NQ4) has net assets worth €141.21 Million EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€190.30 Million) and total liabilities (€49.10 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 | €141.21 Million |
| % of Total Assets | 74.2% |
| Annual Growth Rate | 2.71% |
| 5-Year Change | 53.83% |
| 10-Year Change | N/A |
| Growth Volatility | 29.51 |
Asset Plus Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Asset Plus Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asset Plus Ltd (2017–2024)
The table below shows the annual net assets of Asset Plus Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €141.21 Million | -3.62% |
| 2023-03-31 | €146.50 Million | -8.18% |
| 2022-03-31 | €159.55 Million | -1.73% |
| 2021-03-31 | €162.36 Million | +76.87% |
| 2020-03-31 | €91.80 Million | -18.27% |
| 2019-03-31 | €112.31 Million | -1.77% |
| 2018-03-31 | €114.34 Million | -2.34% |
| 2017-03-31 | €117.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asset Plus Ltd'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 114584.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €192.73 Million | 136.48% |
| Total Equity | €141.21 Million | 100.00% |
Asset Plus Ltd Competitors by Market Cap
The table below lists competitors of Asset Plus Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Starlight U.S. Residential Fund (Multi-Family) Investment LP
V:SURF-UN
|
$1.06K |
|
Shakey’s Pizza Asia Ventures Inc
PSE:PIZZA
|
$1.06K |
|
Ikigai Ventures Ltd
LSE:IKIV
|
$1.06K |
|
The Organic Meat
KAR:TOMCL
|
$1.06K |
|
Tower Resources plc
LSE:TRP
|
$1.05K |
|
JATU PLC
DSE:JATU
|
$1.05K |
|
Arandu Investimentos S.A.
SA:ARND3
|
$1.05K |
|
ENSERVCO CORP. DL-005
F:A3O0
|
$1.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asset Plus Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 146,505,000 to 141,208,000, a change of -5,297,000 (-3.6%).
- Net loss of 5,297,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.30 Million | -3.75% |
| Total Change | €- | -3.62% |
Book Value vs Market Value Analysis
This analysis compares Asset Plus Ltd'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: 0.27x
- 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 increased from 0.14x to 0.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €0.72 | €0.10 | x |
| 2018-03-31 | €0.71 | €0.10 | x |
| 2019-03-31 | €0.69 | €0.10 | x |
| 2020-03-31 | €0.57 | €0.10 | x |
| 2021-03-31 | €0.45 | €0.10 | x |
| 2022-03-31 | €0.44 | €0.10 | x |
| 2023-03-31 | €0.40 | €0.10 | x |
| 2024-03-31 | €0.39 | €0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asset Plus Ltd 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): -3.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -99.40%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.35x
- Recent ROE (-3.75%) is below the historical average (-1.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.62% | 17.92% | 0.09x | 1.56x | €-8.63 Million |
| 2018 | 2.71% | 18.54% | 0.10x | 1.48x | €-8.34 Million |
| 2019 | 3.39% | 28.49% | 0.11x | 1.12x | €-7.43 Million |
| 2020 | -16.00% | -98.35% | 0.10x | 1.58x | €-23.87 Million |
| 2021 | 9.82% | 114.74% | 0.08x | 1.10x | €-287.10K |
| 2022 | 1.84% | 24.48% | 0.05x | 1.41x | €-13.02 Million |
| 2023 | -8.91% | -204.63% | 0.03x | 1.57x | €-27.70 Million |
| 2024 | -3.75% | -99.40% | 0.03x | 1.35x | €-19.42 Million |
Industry Comparison
This section compares Asset Plus Ltd'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 |
|---|---|---|---|---|
| Asset Plus Ltd (NQ4) | €141.21 Million | 2.62% | 0.35x | $1.05K |
| 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 |