APAC Resources Limited
APAC Resources Limited, an investment holding company, engages in the commodity trading business in Hong Kong and the People's Republic of China. It operates through Commodity Business, Resource Investment, and Principal Investment and Financial Services segments. The company also trades and invests in listed and unlisted securities of energy and natural resources companies. In addition, the comp… Read more
APAC Resources Limited (FZV1) - Net Assets
Latest net assets as of December 2024: €3.29 Billion EUR
Based on the latest financial reports, APAC Resources Limited (FZV1) has net assets worth €3.29 Billion EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.96 Billion) and total liabilities (€672.90 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 | €3.29 Billion |
| % of Total Assets | 83.01% |
| Annual Growth Rate | 4.23% |
| 5-Year Change | 12.33% |
| 10-Year Change | N/A |
| Growth Volatility | 20.85 |
APAC Resources Limited - Net Assets Trend (2017–2024)
This chart illustrates how APAC Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for APAC Resources Limited (2017–2024)
The table below shows the annual net assets of APAC Resources Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €3.86 Billion | +7.64% |
| 2023-06-30 | €3.59 Billion | -11.48% |
| 2022-06-30 | €4.05 Billion | -16.03% |
| 2021-06-30 | €4.82 Billion | +40.39% |
| 2020-06-30 | €3.44 Billion | -14.41% |
| 2019-06-30 | €4.01 Billion | +31.52% |
| 2018-06-30 | €3.05 Billion | +5.68% |
| 2017-06-30 | €2.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to APAC Resources 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 47.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.29 Billion | 59.52% |
| Other Components | €1.56 Billion | 40.48% |
| Total Equity | €3.84 Billion | 100.00% |
APAC Resources Limited Competitors by Market Cap
The table below lists competitors of APAC Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Recce Pharmaceuticals Ltd
PINK:RECEF
|
$120.60 Million |
|
Kuang Hong Arts Management
TWO:6596
|
$120.62 Million |
|
GOLFZON Co. Ltd
KQ:215000
|
$120.67 Million |
|
Empresas Lipigas S.A.
SN:LIPIGAS
|
$120.71 Million |
|
Globaltek Fabrication Co Ltd
TW:4566
|
$120.53 Million |
|
Foraco International SA
PINK:FRACF
|
$120.53 Million |
|
Desiccant Technology Corporation
TW:5292
|
$120.51 Million |
|
Tetamat Gida Yatirimlari AS
IS:TETMT
|
$120.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APAC Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,545,239,000 to 3,841,774,000, a change of 296,535,000 (8.4%).
- Net income of 390,031,000 contributed positively to equity growth.
- Dividend payments of 79,016,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €390.03 Million | +10.15% |
| Dividends Paid | €79.02 Million | -2.06% |
| Other Changes | €-14.48 Million | -0.38% |
| Total Change | €- | 8.36% |
Book Value vs Market Value Analysis
This analysis compares APAC Resources 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: 0.10x
- 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 |
|---|---|---|---|
| 2017-06-30 | €3.05 | €0.29 | x |
| 2018-06-30 | €3.72 | €0.29 | x |
| 2019-06-30 | €3.29 | €0.29 | x |
| 2020-06-30 | €2.82 | €0.29 | x |
| 2021-06-30 | €3.96 | €0.29 | x |
| 2022-06-30 | €3.11 | €0.29 | x |
| 2023-06-30 | €2.72 | €0.29 | x |
| 2024-06-30 | €2.83 | €0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APAC Resources 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): 10.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.82%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.10x
- Recent ROE (10.15%) is above the historical average (6.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 18.99% | 546.00% | 0.03x | 1.01x | €259.76 Million |
| 2018 | 10.75% | 210.17% | 0.05x | 1.02x | €22.88 Million |
| 2019 | 15.16% | 557.03% | 0.03x | 1.00x | €206.98 Million |
| 2020 | -12.50% | -98.37% | 0.12x | 1.03x | €-772.98 Million |
| 2021 | 28.14% | 240.40% | 0.11x | 1.02x | €874.93 Million |
| 2022 | -11.51% | -133.65% | 0.08x | 1.10x | €-871.02 Million |
| 2023 | -8.99% | -73.75% | 0.11x | 1.10x | €-673.07 Million |
| 2024 | 10.15% | 32.82% | 0.28x | 1.10x | €5.85 Million |
Industry Comparison
This section compares APAC Resources Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $10,985,242,611
- Average return on equity (ROE) among peers: -17.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APAC Resources Limited (FZV1) | €3.29 Billion | 18.99% | 0.20x | $120.60 Million |
| Bright Smart Securities & Commodities Group Limited (0BX) | $2.13 Billion | 33.04% | 6.44x | $877.25 Million |
| BIGG Digital Assets Inc (7111) | $14.75 Million | -19.99% | 1.01x | $11.85 Million |
| Berliner Effektengesellschaft AG (BFV) | $235.36 Million | 24.44% | 0.77x | $105.19 Million |
| Baader Bank Aktiengesellschaft (BWB) | $165.51 Million | 1.69% | 22.79x | $96.48 Million |
| CBEYOND (C5B) | $860.03K | -181.67% | 0.17x | $1.56 Million |
| Instant Group AG (CCB) | $2.10 Million | 30.51% | 0.39x | $18.97K |
| CASH Financial Services Group Limited (CFN0) | $331.47 Million | -19.24% | 2.57x | $8.21 Million |
| CSC Financial Co. Ltd (CS0) | $106.52 Billion | 6.78% | 4.32x | $5.32 Billion |
| DF Deutsche Forfait AG (DFTK) | $15.38 Million | 44.27% | 1.16x | $2.02 Million |
| IREN Limited (F8P) | $437.36 Million | -95.98% | 0.30x | $9.41 Billion |