BELSHIPS SKIBS
BELSHIPS SKIBS operates in Diversified Metals & Mining.
BELSHIPS SKIBS (NS6) - Net Assets
Latest net assets as of June 2024: €283.08 Million EUR
Based on the latest financial reports, BELSHIPS SKIBS (NS6) has net assets worth €283.08 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€852.21 Million) and total liabilities (€569.13 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 | €283.08 Million |
| % of Total Assets | 33.22% |
| Annual Growth Rate | 47.49% |
| 5-Year Change | 95.73% |
| 10-Year Change | N/A |
| Growth Volatility | 123.47 |
BELSHIPS SKIBS - Net Assets Trend (2016–2023)
This chart illustrates how BELSHIPS SKIBS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BELSHIPS SKIBS (2016–2023)
The table below shows the annual net assets of BELSHIPS SKIBS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €305.56 Million | +2.77% |
| 2022-12-31 | €297.33 Million | +8.95% |
| 2021-12-31 | €272.92 Million | +81.93% |
| 2020-12-31 | €150.02 Million | -3.91% |
| 2019-12-31 | €156.12 Million | +26.12% |
| 2018-12-31 | €123.78 Million | +369.19% |
| 2017-12-31 | €26.38 Million | +30.97% |
| 2016-12-31 | €20.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BELSHIPS SKIBS'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 15282200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €128.94 Million | 47.64% |
| Other Components | €141.74 Million | 52.36% |
| Total Equity | €270.67 Million | 100.00% |
BELSHIPS SKIBS Competitors by Market Cap
The table below lists competitors of BELSHIPS SKIBS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Skywealth Group Inc
PINK:SKWG
|
$18.13K |
|
PINE3F
SA:PINE3F
|
$18.15K |
|
Anghami Inc. Warrants
NASDAQ:ANGHW
|
$18.15K |
|
EPE SPECIAL OPPORT.LS-05
F:EP0
|
$18.16K |
|
MMI HOLDINGS
BE:M1A
|
$18.11K |
|
BALLARD POWER SYS - Dusseldorf Stock Exchang
DU:PO0
|
$18.08K |
|
BEBO Health SA
PA:MLBBO
|
$18.04K |
|
BeeIN S.A.
WAR:BEE
|
$18.03K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BELSHIPS SKIBS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 257,223,000 to 270,671,000, a change of 13,448,000 (5.2%).
- Net income of 75,895,000 contributed positively to equity growth.
- Dividend payments of 58,752,000 reduced retained earnings.
- Other factors decreased equity by 3,695,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €75.89 Million | +28.04% |
| Dividends Paid | €58.75 Million | -21.71% |
| Other Changes | €-3.69 Million | -1.37% |
| Total Change | €- | 5.23% |
Book Value vs Market Value Analysis
This analysis compares BELSHIPS SKIBS'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: 1.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.30x to 1.70x 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 | €0.55 | €1.82 | x |
| 2018-12-31 | €0.68 | €1.82 | x |
| 2019-12-31 | €0.72 | €1.82 | x |
| 2020-12-31 | €0.63 | €1.82 | x |
| 2021-12-31 | €0.96 | €1.82 | x |
| 2022-12-31 | €1.02 | €1.82 | x |
| 2023-12-31 | €1.07 | €1.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BELSHIPS SKIBS 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): 28.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.47%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 3.45x
- Recent ROE (28.04%) is above the historical average (10.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -74.22% | -68.64% | 0.20x | 5.35x | €-16.62 Million |
| 2017 | 24.22% | 27.84% | 0.22x | 3.92x | €3.70 Million |
| 2018 | 15.06% | 14.22% | 0.44x | 2.43x | €6.11 Million |
| 2019 | 2.30% | 2.27% | 0.39x | 2.62x | €-11.68 Million |
| 2020 | -13.83% | -8.79% | 0.49x | 3.23x | €-34.29 Million |
| 2021 | 43.05% | 12.75% | 1.02x | 3.30x | €79.83 Million |
| 2022 | 57.10% | 15.85% | 0.93x | 3.89x | €121.16 Million |
| 2023 | 28.04% | 13.47% | 0.60x | 3.45x | €48.83 Million |
Industry Comparison
This section compares BELSHIPS SKIBS'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 |
|---|---|---|---|---|
| BELSHIPS SKIBS (NS6) | €283.08 Million | -74.22% | 2.01x | $18.12K |
| 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 |