Clean Seas Seafood Limited (C7S) - Net Assets
Based on the latest financial reports, Clean Seas Seafood Limited (C7S) has net assets worth €61.98 Million EUR (≈ $72.46 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 (€86.98 Million ≈ $101.69 Million USD) and total liabilities (€25.00 Million ≈ $29.23 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 Clean Seas Seafood Limited (C7S) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €61.98 Million |
| % of Total Assets | 71.26% |
| Annual Growth Rate | 2.63% |
| 5-Year Change | -14.46% |
| 10-Year Change | 19.43% |
| Growth Volatility | 18.38 |
Clean Seas Seafood Limited - Net Assets Trend (2014–2024)
This chart illustrates how Clean Seas Seafood Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see C7S market cap overview.
Annual Net Assets for Clean Seas Seafood Limited (2014–2024)
The table below shows the annual net assets of Clean Seas Seafood Limited from 2014 to 2024. Also explore net asset growth rate of Clean Seas Seafood Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €61.98 Million ≈ $72.46 Million |
-28.80% |
| 2023-06-30 | €87.05 Million ≈ $101.77 Million |
+7.82% |
| 2022-06-30 | €80.74 Million ≈ $94.40 Million |
+17.82% |
| 2021-06-30 | €68.53 Million ≈ $80.12 Million |
-5.42% |
| 2020-06-30 | €72.46 Million ≈ $84.71 Million |
-1.47% |
| 2019-06-30 | €73.54 Million ≈ $85.98 Million |
+2.47% |
| 2018-06-30 | €71.77 Million ≈ $83.91 Million |
+39.21% |
| 2017-06-30 | €51.55 Million ≈ $60.27 Million |
+20.12% |
| 2016-06-30 | €42.92 Million ≈ $50.17 Million |
-17.31% |
| 2015-06-30 | €51.90 Million ≈ $60.68 Million |
+8.60% |
| 2014-06-30 | €47.79 Million ≈ $55.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Clean Seas Seafood 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 decreased by 6412500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €237.10 Million | 382.54% |
| Total Equity | €61.98 Million | 100.00% |
Clean Seas Seafood Limited Competitors by Market Cap
The table below lists competitors of Clean Seas Seafood Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai Film Industries Public Company Limited
BK:TFI
|
$15.73 Million |
|
Daesung Microbiological Labs. Co. Ltd
KQ:036480
|
$15.73 Million |
|
Batavia Prosperindo Trans Tbk PT
JK:BPTR
|
$15.74 Million |
|
Biosynex
PA:ALBIO
|
$15.74 Million |
|
123fahrschule SE
DU:123F
|
$15.73 Million |
|
Charm Engine
KO:009310
|
$15.73 Million |
|
Sejoong Co. Ltd
KQ:039310
|
$15.72 Million |
|
Dhunseri Tea & Industries Limited
NSE:DTIL
|
$15.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clean Seas Seafood Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,053,000 to 61,981,000, a change of -25,072,000 (-28.8%).
- Net loss of 33,454,000 reduced equity.
- Share repurchases of 785,000 reduced equity.
- New share issuances of 9,511,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-33.45 Million | -53.97% |
| Share Repurchases | €785.00K | -1.27% |
| Share Issuances | €9.51 Million | +15.35% |
| Other Changes | €-344.00K | -0.56% |
| Total Change | €- | -28.80% |
Book Value vs Market Value Analysis
This analysis compares Clean Seas Seafood 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: 0.24x
- 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.
- The price-to-book ratio has increased from 0.10x to 0.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.75 | €0.08 | x |
| 2018-06-30 | €0.86 | €0.08 | x |
| 2019-06-30 | €0.88 | €0.08 | x |
| 2020-06-30 | €0.68 | €0.08 | x |
| 2021-06-30 | €0.43 | €0.08 | x |
| 2022-06-30 | €0.49 | €0.08 | x |
| 2023-06-30 | €0.53 | €0.08 | x |
| 2024-06-30 | €0.31 | €0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clean Seas Seafood 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): -53.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -48.62%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.40x
- Recent ROE (-53.97%) is below the historical average (-8.17%), 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 | 19.16% | 88.06% | 0.21x | 1.05x | €4.38 Million |
| 2015 | 7.92% | 22.23% | 0.34x | 1.05x | €-1.08 Million |
| 2016 | -20.93% | -29.94% | 0.60x | 1.16x | €-13.27 Million |
| 2017 | 0.39% | 0.57% | 0.61x | 1.12x | €-4.95 Million |
| 2018 | 4.71% | 8.12% | 0.51x | 1.14x | €-3.80 Million |
| 2019 | 1.97% | 3.13% | 0.49x | 1.28x | €-5.91 Million |
| 2020 | -19.95% | -35.85% | 0.38x | 1.47x | €-21.70 Million |
| 2021 | -46.84% | -65.59% | 0.48x | 1.49x | €-38.95 Million |
| 2022 | 10.75% | 13.11% | 0.67x | 1.23x | €601.80K |
| 2023 | 6.89% | 8.64% | 0.64x | 1.25x | €-2.71 Million |
| 2024 | -53.97% | -48.62% | 0.79x | 1.40x | €-39.65 Million |
Industry Comparison
This section compares Clean Seas Seafood Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,202,381,024,656
- Average return on equity (ROE) among peers: -30.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clean Seas Seafood Limited (C7S) | €61.98 Million | 19.16% | 0.40x | $15.73 Million |
| China Modern Dairy Holdings Ltd (07M) | $11.11 Billion | 9.17% | 1.13x | $1.21 Billion |
| AFFINOR GROWERS INC. (1AF0) | $253.56K | -263.87% | 7.33x | $402.14K |
| Bumitama Agri Ltd (2BU) | $12.00 Trillion | 14.35% | 0.47x | $2.08 Billion |
| Dole plc (4CB) | $1.43 Billion | 8.75% | 2.10x | $1.18 Billion |
| GOLDEN AGRI-RES ADR/100 (4G3) | $5.18 Billion | 3.81% | 0.88x | $2.59 Billion |
| ICE FISH FARM AS NK-10 (4YYA) | $299.31 Million | 2.00% | 0.50x | $77.40 Million |
| BRASI.CIA BRAS.D.PROP.ADR (52BA) | $2.22 Billion | 23.47% | 0.51x | $336.70 Million |
| P/F Bakkafrost (6BF) | $2.06 Billion | 31.36% | 0.68x | $2.44 Billion |
| China Shengmu Organic Milk Limited (7OM) | $2.88 Billion | -77.29% | 1.63x | $300.20 Million |
| KINGFISH COMPANY EO -01 (93G) | $50.54 Million | -60.91% | 2.33x | $10.13 Million |
About Clean Seas Seafood Limited
Clean Seas Seafood Limited, together with its subsidiaries, operates in the aquaculture industry in Australia, Europe, North America, Asia, and internationally. The company engages in the propagation, harvesting, growing, and selling of Spencer Gulf Yellowtail Kingfish; and production and sale of fingerlings. Clean Seas Seafood Limited was incorporated in 2000 and is based in Royal Park, Australi… Read more