MARINE HARVEST
MARINE HARVEST operates in Diversified Metals & Mining.
MARINE HARVEST (PND) - Net Assets
Latest net assets as of September 2024: €3.80 Billion EUR
Based on the latest financial reports, MARINE HARVEST (PND) has net assets worth €3.80 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.99 Billion) and total liabilities (€4.19 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 | €3.80 Billion |
| % of Total Assets | 47.54% |
| Annual Growth Rate | 8.89% |
| 5-Year Change | 29.8% |
| 10-Year Change | N/A |
| Growth Volatility | 9.58 |
MARINE HARVEST - Net Assets Trend (2016–2023)
This chart illustrates how MARINE HARVEST's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MARINE HARVEST (2016–2023)
The table below shows the annual net assets of MARINE HARVEST from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €3.75 Billion | +1.83% |
| 2022-12-31 | €3.69 Billion | +17.75% |
| 2021-12-31 | €3.13 Billion | +13.29% |
| 2020-12-31 | €2.76 Billion | -4.44% |
| 2019-12-31 | €2.89 Billion | +0.48% |
| 2018-12-31 | €2.88 Billion | +24.34% |
| 2017-12-31 | €2.32 Billion | +11.89% |
| 2016-12-31 | €2.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MARINE HARVEST'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €3.59 Billion | 100.00% |
| Total Equity | €3.59 Billion | 100.00% |
MARINE HARVEST Competitors by Market Cap
The table below lists competitors of MARINE HARVEST ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MOBISTAR - Dusseldorf Stock Exchang
DU:MOS
|
$199.97K |
|
Ethernity Networks Ltd
PINK:ENETF
|
$200.00K |
|
ScreenPro Security Inc
PINK:SCRSF
|
$200.10K |
|
Helios and Matheson Analytics Inc
PINK:HMNY
|
$200.15K |
|
CATALYST PHARMA (CN2.SG)
STU:CN2
|
$199.82K |
|
ATHENE HOLDING PRF.SER.C
F:ATR0
|
$199.81K |
|
Qrons Inc
OTCQB:QRON
|
$199.80K |
|
Madoro Metals Corp
PINK:MSTXF
|
$199.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MARINE HARVEST's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,507,500,000 to 3,593,300,000, a change of 85,800,000 (2.4%).
- Net income of 444,400,000 contributed positively to equity growth.
- Dividend payments of 326,100,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €444.40 Million | +12.37% |
| Dividends Paid | €326.10 Million | -9.08% |
| Other Changes | €-32.50 Million | -0.9% |
| Total Change | €- | 2.45% |
Book Value vs Market Value Analysis
This analysis compares MARINE HARVEST'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: 2.93x
- 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 4.32x to 2.93x 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 | €4.72 | €20.38 | x |
| 2018-12-31 | €5.58 | €20.38 | x |
| 2019-12-31 | €5.59 | €20.38 | x |
| 2020-12-31 | €5.34 | €20.38 | x |
| 2021-12-31 | €6.05 | €20.38 | x |
| 2022-12-31 | €6.78 | €20.38 | x |
| 2023-12-31 | €6.95 | €20.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MARINE HARVEST 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): 12.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.11%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 2.29x
- Recent ROE (12.37%) is below the historical average (17.10%), 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 | 26.09% | 15.40% | 0.73x | 2.33x | €332.76 Million |
| 2017 | 19.99% | 12.75% | 0.84x | 1.87x | €231.08 Million |
| 2018 | 19.69% | 15.11% | 0.73x | 1.79x | €278.88 Million |
| 2019 | 16.51% | 11.72% | 0.70x | 2.02x | €188.38 Million |
| 2020 | 4.25% | 3.15% | 0.64x | 2.12x | €-158.70 Million |
| 2021 | 15.58% | 11.70% | 0.67x | 2.00x | €174.70 Million |
| 2022 | 22.31% | 15.94% | 0.65x | 2.15x | €431.65 Million |
| 2023 | 12.37% | 8.11% | 0.66x | 2.29x | €85.07 Million |
Industry Comparison
This section compares MARINE HARVEST'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 |
|---|---|---|---|---|
| MARINE HARVEST (PND) | €3.80 Billion | 26.09% | 1.10x | $199.87K |
| 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 |