RUBIS
Rubis, together with its subsidiaries, engages in the energy distribution business in Europe, Africa, and the Caribbean. It operates through Energy Distribution and Renewable Electricity Production segments. The company retails and distributes aviation and marine fuel, heating oils, lubricants, liquefied gases, and bitumen; and provides logistics services comprising trading-supply, refining, and … Read more
RUBIS (BYN) - Net Assets
Latest net assets as of June 2025: €2.70 Billion EUR
Based on the latest financial reports, RUBIS (BYN) has net assets worth €2.70 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.32 Billion) and total liabilities (€3.62 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 | €2.70 Billion |
| % of Total Assets | 42.72% |
| Annual Growth Rate | 2.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.5 |
RUBIS - Net Assets Trend (2021–2024)
This chart illustrates how RUBIS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RUBIS (2021–2024)
The table below shows the annual net assets of RUBIS from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.96 Billion | +7.18% |
| 2023-12-31 | €2.76 Billion | -3.40% |
| 2022-12-31 | €2.86 Billion | +4.53% |
| 2021-12-31 | €2.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to RUBIS'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.83 Billion | 100.00% |
| Total Equity | €2.83 Billion | 100.00% |
RUBIS Competitors by Market Cap
The table below lists competitors of RUBIS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Strongteam Decoration Engineering Co Ltd
SHE:002989
|
$540.31 Million |
|
Baota Industry Co Ltd
SHE:000595
|
$540.37 Million |
|
Lander Sports Development Co Ltd
SHE:000558
|
$540.43 Million |
|
HANOF
PINK:HANOF
|
$540.45 Million |
|
Lotte Energy Materials Corporation
KO:020150
|
$540.28 Million |
|
BFF Bank S.p.A
F:2BF
|
$540.23 Million |
|
WELL HEALTH TECHS
F:W7V
|
$540.14 Million |
|
Chow Sang Sang Holdings International Limited
F:CJW1
|
$540.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RUBIS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,631,357,000 to 2,833,628,000, a change of 202,271,000 (7.7%).
- Net income of 342,293,000 contributed positively to equity growth.
- Dividend payments of 282,284,000 reduced retained earnings.
- Share repurchases of 25,823,000 reduced equity.
- New share issuances of 8,832,000 increased equity.
- Other factors increased equity by 159,253,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €342.29 Million | +12.08% |
| Dividends Paid | €282.28 Million | -9.96% |
| Share Repurchases | €25.82 Million | -0.91% |
| Share Issuances | €8.83 Million | +0.31% |
| Other Changes | €159.25 Million | +5.62% |
| Total Change | €- | 7.69% |
Book Value vs Market Value Analysis
This analysis compares RUBIS'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: 0.24x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €25.54 | €6.65 | x |
| 2022-12-31 | €26.57 | €6.65 | x |
| 2023-12-31 | €25.51 | €6.65 | x |
| 2024-12-31 | €27.53 | €6.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RUBIS 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): 12.08%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.15%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.38x
- Recent ROE (12.08%) is above the historical average (11.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.18% | 6.37% | 0.87x | 2.01x | €30.90 Million |
| 2022 | 9.62% | 3.68% | 1.10x | 2.37x | €-10.45 Million |
| 2023 | 13.44% | 5.33% | 1.04x | 2.41x | €90.56 Million |
| 2024 | 12.08% | 5.15% | 0.99x | 2.38x | €58.93 Million |
Industry Comparison
This section compares RUBIS's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $1,295,855,358,000
- Average return on equity (ROE) among peers: 12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RUBIS (BYN) | €2.70 Billion | 11.18% | 1.34x | $540.31 Million |
| Ampol Limited (CLZ) | $3.11 Billion | 19.92% | 1.04x | $4.14 Billion |
| Delek US Holdings Inc (DEH) | $1.81 Billion | 18.81% | 2.19x | $1.94 Billion |
| Esso Thailand PCL (JAV) | $25.83 Billion | 8.61% | 1.39x | $461.82 Million |
| Strong Petrochemical Holdings Limited (K20A) | $1.44 Billion | 0.43% | 0.13x | $6.24 Million |
| AKR CORPORINDO (RK6A.SG) (RK6A) | $9.03 Trillion | 13.31% | 0.86x | $191.99 Million |
| Ultrapar Participações S.A (UGR) | $8.56 Billion | 18.25% | 1.82x | $2.86 Billion |
| China Aviation Oil (Singapore) Corporation Ltd (VZ8) | $592.64 Million | 10.34% | 0.43x | $315.20 Million |