PURSUIT DYNAMICS
PURSUIT DYNAMICS operates in Diversified Metals & Mining.
PURSUIT DYNAMICS (RNE1) - Net Assets
Latest net assets as of December 2023: €24.40 Million EUR
Based on the latest financial reports, PURSUIT DYNAMICS (RNE1) has net assets worth €24.40 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 (€28.19 Million) and total liabilities (€3.79 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 | €24.40 Million |
| % of Total Assets | 86.56% |
| Annual Growth Rate | 0.06% |
| 5-Year Change | 101.97% |
| 10-Year Change | N/A |
| Growth Volatility | 27.2 |
PURSUIT DYNAMICS - Net Assets Trend (2016–2023)
This chart illustrates how PURSUIT DYNAMICS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PURSUIT DYNAMICS (2016–2023)
The table below shows the annual net assets of PURSUIT DYNAMICS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €24.40 Million | +36.21% |
| 2022-12-31 | €17.91 Million | +36.65% |
| 2021-12-31 | €13.11 Million | +19.92% |
| 2020-12-31 | €10.93 Million | -9.51% |
| 2019-12-31 | €12.08 Million | -31.84% |
| 2018-12-31 | €17.72 Million | +8.20% |
| 2017-12-31 | €16.38 Million | -32.58% |
| 2016-12-31 | €24.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PURSUIT DYNAMICS'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 131870100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €50.87 Million | 208.51% |
| Total Equity | €24.40 Million | 100.00% |
PURSUIT DYNAMICS Competitors by Market Cap
The table below lists competitors of PURSUIT DYNAMICS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fatima Fertilizer Company Ltd
KAR:FATIMA
|
$4.06K |
|
Emplocity S.A.
WAR:EMP
|
$4.07K |
|
James Cropper PLC
LSE:CRPR
|
$4.07K |
|
QUALITY BEVERAGES LTD
SEM:QBL
|
$4.07K |
|
Fair Oaks Income Limited
LSE:FAIR
|
$4.06K |
|
Cathay No.1 REIT
TW:01002T
|
$4.05K |
|
GUANGZHOU AUTO -H-
BE:02G
|
$4.05K |
|
Effnetplattformen Holding AB
ST:EFFH
|
$4.04K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PURSUIT DYNAMICS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 17,912,249 to 24,397,429, a change of 6,485,180 (36.2%).
- Net income of 5,925,003 contributed positively to equity growth.
- New share issuances of 245,220 increased equity.
- Other factors increased equity by 314,957.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.93 Million | +24.29% |
| Share Issuances | €245.22K | +1.01% |
| Other Changes | €314.96K | +1.29% |
| Total Change | €- | 36.21% |
Book Value vs Market Value Analysis
This analysis compares PURSUIT DYNAMICS'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: 5.08x
- 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 7.40x to 5.08x 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 | €0.06 | €0.42 | x |
| 2018-12-31 | €0.06 | €0.42 | x |
| 2019-12-31 | €0.04 | €0.42 | x |
| 2020-12-31 | €0.04 | €0.42 | x |
| 2021-12-31 | €0.05 | €0.42 | x |
| 2022-12-31 | €0.06 | €0.42 | x |
| 2023-12-31 | €0.08 | €0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PURSUIT DYNAMICS 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): 24.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.30%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.16x
- Recent ROE (24.29%) is above the historical average (-9.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -27.75% | -19.69% | 0.95x | 1.48x | €-9.09 Million |
| 2017 | -50.75% | -27.13% | 1.01x | 1.85x | €-9.85 Million |
| 2018 | 5.39% | 15.34% | 0.21x | 1.64x | €-810.25K |
| 2019 | -44.50% | -77.61% | 0.36x | 1.58x | €-6.54 Million |
| 2020 | -14.07% | -13.40% | 0.64x | 1.64x | €-2.61 Million |
| 2021 | 9.59% | 8.57% | 0.73x | 1.54x | €-53.15K |
| 2022 | 20.18% | 19.38% | 0.86x | 1.21x | €1.82 Million |
| 2023 | 24.29% | 25.30% | 0.83x | 1.16x | €3.49 Million |
Industry Comparison
This section compares PURSUIT DYNAMICS'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 |
|---|---|---|---|---|
| PURSUIT DYNAMICS (RNE1) | €24.40 Million | -27.75% | 0.16x | $4.06K |
| 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 |