RENAISSANCE
RENAISSANCE operates in Diversified Metals & Mining.
RENAISSANCE (RU8) - Net Assets
Latest net assets as of June 2024: €168.76 Million EUR
Based on the latest financial reports, RENAISSANCE (RU8) has net assets worth €168.76 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 (€171.09 Million) and total liabilities (€2.33 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 | €168.76 Million |
| % of Total Assets | 98.64% |
| Annual Growth Rate | 50.33% |
| 5-Year Change | 829.14% |
| 10-Year Change | N/A |
| Growth Volatility | 55.37 |
RENAISSANCE - Net Assets Trend (2016–2024)
This chart illustrates how RENAISSANCE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RENAISSANCE (2016–2024)
The table below shows the annual net assets of RENAISSANCE from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €168.76 Million | +1.54% |
| 2023-06-30 | €166.20 Million | +72.63% |
| 2022-06-30 | €96.28 Million | +173.65% |
| 2021-06-30 | €35.18 Million | +93.70% |
| 2020-06-30 | €18.16 Million | +4.57% |
| 2019-06-30 | €17.37 Million | +15.37% |
| 2018-06-30 | €15.05 Million | +85.44% |
| 2017-06-30 | €8.12 Million | +25.49% |
| 2016-06-30 | €6.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RENAISSANCE'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 692543200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €185.09 Million | 109.68% |
| Total Equity | €168.76 Million | 100.00% |
RENAISSANCE Competitors by Market Cap
The table below lists competitors of RENAISSANCE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Abrdn Asia Focus PLC
LSE:AAS
|
$434.78 |
|
Sandston Corp
PINK:SDON
|
$434.86 |
|
Hoang Minh Finance Investment JSC
VN:KPF
|
$436.03 |
|
Pak Gulf Leasing Company Ltd
KAR:PGLC
|
$437.62 |
|
RALLYE
BE:RAY
|
$433.89 |
|
Hartanah Kenyalang Berhad
KLSE:0359
|
$433.72 |
|
Loads Ltd
KAR:LOADS
|
$433.57 |
|
Merchant Bank of Sri Lanka & Finance PLC
CM:MBSLN0000
|
$433.07 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RENAISSANCE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 166,200,332 to 168,758,805, a change of 2,558,473 (1.5%).
- Net income of 1,707,664 contributed positively to equity growth.
- Share repurchases of 2,062 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.71 Million | +1.01% |
| Share Repurchases | €2.06K | -0.0% |
| Other Changes | €852.87K | +0.51% |
| Total Change | €- | 1.54% |
Book Value vs Market Value Analysis
This analysis compares RENAISSANCE'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: 0.70x
- 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 decreased from 2.75x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.02 | €0.05 | x |
| 2018-06-30 | €0.02 | €0.05 | x |
| 2019-06-30 | €0.02 | €0.05 | x |
| 2020-06-30 | €0.01 | €0.05 | x |
| 2021-06-30 | €0.02 | €0.05 | x |
| 2022-06-30 | €0.04 | €0.05 | x |
| 2023-06-30 | €0.07 | €0.05 | x |
| 2024-06-30 | €0.07 | €0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RENAISSANCE 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): 1.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (1.01%) is above the historical average (-7.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -18.28% | 0.00% | 0.00x | 1.44x | €-1.38 Million |
| 2017 | -13.37% | 0.00% | 0.00x | 1.06x | €-1.90 Million |
| 2018 | -22.81% | 0.00% | 0.00x | 1.05x | €-4.94 Million |
| 2019 | -7.61% | 0.00% | 0.00x | 1.04x | €-3.06 Million |
| 2020 | -5.91% | 0.00% | 0.00x | 1.02x | €-2.89 Million |
| 2021 | -2.49% | 0.00% | 0.00x | 1.03x | €-4.40 Million |
| 2022 | -1.55% | 0.00% | 0.00x | 1.01x | €-11.12 Million |
| 2023 | 0.26% | 0.00% | 0.00x | 1.02x | €-16.20 Million |
| 2024 | 1.01% | 0.00% | 0.00x | 1.01x | €-15.17 Million |
Industry Comparison
This section compares RENAISSANCE'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 |
|---|---|---|---|---|
| RENAISSANCE (RU8) | €168.76 Million | -18.28% | 0.01x | $434.19 |
| 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 |