Ashington Innovation PLC
Ashington Innovation PLC does not have significant operations. It focuses on the acquisition of companies or businesses primarily in the technology sectors. Ashington Innovation PLC was incorporated in 2020 and is based in London, the United Kingdom.
Ashington Innovation PLC (6FW) - Net Assets
Latest net assets as of June 2025: €-17.59K EUR
Based on the latest financial reports, Ashington Innovation PLC (6FW) has net assets worth €-17.59K EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€100.16K) and total liabilities (€117.75K). 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 | €-17.59K |
| % of Total Assets | -17.56% |
| Annual Growth Rate | 229.38% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.02 |
Ashington Innovation PLC - Net Assets Trend (2021–2024)
This chart illustrates how Ashington Innovation PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ashington Innovation PLC (2021–2024)
The table below shows the annual net assets of Ashington Innovation PLC from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €99.89K | +511.18% |
| 2022-12-31 | €16.34K | +485.14% |
| 2021-12-31 | €2.79K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ashington Innovation PLC'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 133237500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.64 Million | 1643.86% |
| Total Equity | €99.89K | 100.00% |
Ashington Innovation PLC Competitors by Market Cap
The table below lists competitors of Ashington Innovation PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARTEC TECHNOLOGIES - Dusseldorf Stock Exchang
DU:A6T
|
$18.69K |
|
artec technologies AG
F:A6T
|
$18.73K |
|
Jacksam Corporation
PINK:JKSM
|
$18.74K |
|
ALPA4F
SA:ALPA4F
|
$18.76K |
|
8X8 - Dusseldorf Stock Exchang
DU:EGT
|
$18.67K |
|
HYSAN DEVELOPMENT
MU:HYN
|
$18.67K |
|
B+S BANKSYSTEME
BE:DTD2
|
$18.63K |
|
Dream Hard Asset Alternatives Trust Units
PINK:DDHRF
|
$18.62K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ashington Innovation PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from 16,343 to 99,885, a change of 83,542 (511.2%).
- Net loss of 268,558 reduced equity.
- New share issuances of 199,990 increased equity.
- Other factors increased equity by 152,110.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-268.56K | -268.87% |
| Share Issuances | €199.99K | +200.22% |
| Other Changes | €152.11K | +152.29% |
| Total Change | €- | 511.18% |
Book Value vs Market Value Analysis
This analysis compares Ashington Innovation PLC'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: 0.73x
- 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 21.98x to 0.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.00 | €0.00 | x |
| 2022-12-31 | €0.00 | €0.00 | x |
| 2024-12-31 | €0.00 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ashington Innovation PLC 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): -268.87%
- 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: 2.17x
- Recent ROE (-268.87%) is above the historical average (-3370.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -7508.31% | 0.00% | 0.00x | 25.56x | €-209.99K |
| 2022 | -2334.03% | 0.00% | 0.00x | 8.76x | €-383.08K |
| 2024 | -268.87% | 0.00% | 0.00x | 2.17x | €-278.55K |
Industry Comparison
This section compares Ashington Innovation PLC's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $118,540,284
- Average return on equity (ROE) among peers: 0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ashington Innovation PLC (6FW) | €-17.59K | -7508.31% | N/A | $18.68K |
| HAHN-IMMOBILIEN-BET (H4I) | $250.23 Million | 0.58% | 0.04x | $270.35K |
| SMG European Recovery SPAC SE (RCVR) | $-13.15 Million | 0.00% | 0.00x | $30.04 Million |