Advance NanoTek Limited (BBJ) - Net Assets
Based on the latest financial reports, Advance NanoTek Limited (BBJ) has net assets worth €35.38 Million EUR (≈ $41.36 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€38.74 Million ≈ $45.29 Million USD) and total liabilities (€3.36 Million ≈ $3.93 Million USD). 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. Check Advance NanoTek Limited (BBJ) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €35.38 Million |
| % of Total Assets | 91.32% |
| Annual Growth Rate | 25.7% |
| 5-Year Change | 28.33% |
| 10-Year Change | 840.96% |
| Growth Volatility | 52.78 |
Advance NanoTek Limited - Net Assets Trend (2014–2024)
This chart illustrates how Advance NanoTek Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Advance NanoTek Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Advance NanoTek Limited (2014–2024)
The table below shows the annual net assets of Advance NanoTek Limited from 2014 to 2024. For live valuation and market cap data, see how much is Advance NanoTek Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €35.38 Million ≈ $41.36 Million |
+0.28% |
| 2023-06-30 | €35.28 Million ≈ $41.25 Million |
+0.84% |
| 2022-06-30 | €34.99 Million ≈ $40.91 Million |
+25.16% |
| 2021-06-30 | €27.96 Million ≈ $32.68 Million |
+1.40% |
| 2020-06-30 | €27.57 Million ≈ $32.23 Million |
+48.79% |
| 2019-06-30 | €18.53 Million ≈ $21.66 Million |
+179.30% |
| 2018-06-30 | €6.63 Million ≈ $7.76 Million |
+57.92% |
| 2017-06-30 | €4.20 Million ≈ $4.91 Million |
+15.42% |
| 2016-06-30 | €3.64 Million ≈ $4.26 Million |
-3.19% |
| 2015-06-30 | €3.76 Million ≈ $4.40 Million |
+4.65% |
| 2014-06-30 | €3.59 Million ≈ $4.20 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Advance NanoTek Limited'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 1729737800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €54.62 Million | 158.88% |
| Total Equity | €34.38 Million | 100.00% |
Advance NanoTek Limited Competitors by Market Cap
The table below lists competitors of Advance NanoTek Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pato Chemical Industry Public Company Limited
BK:PATO
|
$27.07 Million |
|
Garda Tujuh Buana Tbk
JK:GTBO
|
$27.10 Million |
|
Morgan Sindall Group PLC
LSE:MGNS
|
$27.10 Million |
|
Pivotree Inc
V:PVT
|
$27.12 Million |
|
Triniti Dinamik PT Tbk
JK:TRUE
|
$27.06 Million |
|
East Asia Holdings Investment Limited
KQ:900110
|
$27.05 Million |
|
Hulamin
JSE:HLM
|
$27.05 Million |
|
Lyka Labs Limited
NSE:LYKALABS
|
$27.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advance NanoTek Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,283,000 to 34,380,000, a change of -903,000 (-2.6%).
- Net loss of 903,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-903.00K | -2.63% |
| Total Change | €- | -2.56% |
Book Value vs Market Value Analysis
This analysis compares Advance NanoTek Limited'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: 0.75x
- 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 5.76x to 0.75x 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 | €0.07 | €0.41 | x |
| 2018-06-30 | €0.12 | €0.41 | x |
| 2019-06-30 | €0.31 | €0.41 | x |
| 2020-06-30 | €0.46 | €0.41 | x |
| 2021-06-30 | €0.47 | €0.41 | x |
| 2022-06-30 | €0.57 | €0.41 | x |
| 2023-06-30 | €0.57 | €0.41 | x |
| 2024-06-30 | €0.55 | €0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advance NanoTek Limited 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): -2.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.69%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.13x
- Recent ROE (-2.63%) is below the historical average (12.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.93% | 0.89% | 0.69x | 1.51x | €-325.96K |
| 2015 | 4.45% | 3.83% | 0.75x | 1.55x | €-208.77K |
| 2016 | -3.29% | -3.08% | 0.72x | 1.48x | €-483.89K |
| 2017 | 13.36% | 12.41% | 0.78x | 1.37x | €141.03K |
| 2018 | 45.32% | 45.67% | 0.80x | 1.24x | €2.34 Million |
| 2019 | 52.02% | 78.62% | 0.61x | 1.08x | €7.79 Million |
| 2020 | 19.32% | 29.65% | 0.56x | 1.16x | €2.57 Million |
| 2021 | 0.11% | 0.49% | 0.19x | 1.23x | €-2.76 Million |
| 2022 | 6.26% | 17.52% | 0.33x | 1.09x | €-1.31 Million |
| 2023 | 4.71% | 12.10% | 0.35x | 1.11x | €-1.87 Million |
| 2024 | -2.63% | -9.69% | 0.24x | 1.13x | €-4.34 Million |
Industry Comparison
This section compares Advance NanoTek Limited's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $14,212,957,819
- Average return on equity (ROE) among peers: -10.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advance NanoTek Limited (BBJ) | €35.38 Million | 0.93% | 0.09x | $27.06 Million |
| Ganfeng Lithium Co. Ltd (39EA) | $47.59 Billion | -4.36% | 1.12x | $3.73 Billion |
| CHINA RISUN GROUP HD-10 (45Y) | $15.88 Billion | 0.13% | 2.77x | $1.15 Billion |
| Dongyue Group Limited (4D3) | $5.51 Billion | 8.45% | 0.82x | $2.34 Billion |
| ECORUB AB B (7M8) | $10.18 Million | -124.90% | 3.10x | $104.11K |
| China Sanjiang Fine Chemicals Company Limited (8C9) | $3.59 Billion | 11.10% | 1.61x | $437.46 Million |
| TAURUS ENERGY AB B SK120 (8LU) | $-340.28K | 0.00% | 0.00x | $2.91 Million |
| BASF SE (BAS) | $30.92 Billion | 12.90% | 1.27x | $45.45 Billion |
| BASF SE (BASA) | $40.92 Billion | -1.53% | 1.06x | $45.63 Billion |
| BRASKEM PFD ADR/2 O.N. (BRD) | $-16.50 Billion | 0.00% | 0.00x | $593.02 Million |
About Advance NanoTek Limited
Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. The company produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formul… Read more