Strong Petrochemical Holdings Limited
Strong Petrochemical Holdings Limited, an investment holding company, trades in commodities. Its commodities include crude oil, petroleum products, petrochemicals, and coal. The company is also involved in the provision of storage, leasing, and other ancillary services for petroleum products and petrochemicals; property investment activities; and installation and maintenance service of solar ener… Read more
Strong Petrochemical Holdings Limited (K20A) - Net Assets
Latest net assets as of June 2024: €1.28 Billion EUR
Based on the latest financial reports, Strong Petrochemical Holdings Limited (K20A) has net assets worth €1.28 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.87 Billion) and total liabilities (€583.38 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 | €1.28 Billion |
| % of Total Assets | 68.77% |
| Annual Growth Rate | -1.11% |
| 5-Year Change | -13.96% |
| 10-Year Change | 17.5% |
| Growth Volatility | 10.02 |
Strong Petrochemical Holdings Limited - Net Assets Trend (2013–2023)
This chart illustrates how Strong Petrochemical Holdings 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 Strong Petrochemical Holdings Limited (2013–2023)
The table below shows the annual net assets of Strong Petrochemical Holdings Limited from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.30 Billion | -7.07% |
| 2022-12-31 | €1.40 Billion | -2.97% |
| 2021-12-31 | €1.44 Billion | +1.21% |
| 2020-12-31 | €1.42 Billion | -5.73% |
| 2019-12-31 | €1.51 Billion | +9.75% |
| 2018-12-31 | €1.37 Billion | -0.37% |
| 2017-12-31 | €1.38 Billion | +12.17% |
| 2016-12-31 | €1.23 Billion | +9.85% |
| 2015-12-31 | €1.12 Billion | +1.36% |
| 2014-12-31 | €1.10 Billion | -23.90% |
| 2013-12-31 | €1.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strong Petrochemical Holdings 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 38.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €641.67 Million | 49.41% |
| Other Components | €656.91 Million | 50.59% |
| Total Equity | €1.30 Billion | 100.00% |
Strong Petrochemical Holdings Limited Competitors by Market Cap
The table below lists competitors of Strong Petrochemical Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panamera Holdings Corporation
PINK:PHCI
|
$6.24 Million |
|
Omineca Mining and Metals Ltd
PINK:OMMSF
|
$6.24 Million |
|
Aquaron Acquisition Corp. Units
NASDAQ:AQUNU
|
$6.24 Million |
|
Maheshwari Logistics Limited
NSE:MAHESHWARI
|
$6.24 Million |
|
Mountain Alliance AG
XETRA:ECF
|
$6.24 Million |
|
Electric Royalties Ltd
OTCQB:ELECF
|
$6.24 Million |
|
Kanoria Chemicals & Industries Limited
NSE:KANORICHEM
|
$6.24 Million |
|
2BO
F:2BO
|
$6.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strong Petrochemical Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,396,495,000 to 1,298,581,000, a change of -97,914,000 (-7.0%).
- Net loss of 95,407,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-95.41 Million | -7.35% |
| Other Changes | €-2.51 Million | -0.19% |
| Total Change | €- | -7.01% |
Book Value vs Market Value Analysis
This analysis compares Strong Petrochemical Holdings 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: 0.02x
- 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 |
|---|---|---|---|
| 2017-12-31 | €0.65 | €0.01 | x |
| 2018-12-31 | €0.65 | €0.01 | x |
| 2019-12-31 | €0.70 | €0.01 | x |
| 2020-12-31 | €0.67 | €0.01 | x |
| 2021-12-31 | €0.68 | €0.01 | x |
| 2022-12-31 | €0.66 | €0.01 | x |
| 2023-12-31 | €0.61 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strong Petrochemical Holdings 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): -7.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.53%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.22x
- Recent ROE (-7.35%) is below the historical average (2.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 41.76% | 2.32% | 3.89x | 4.62x | €437.25 Million |
| 2014 | -32.85% | -4.34% | 1.88x | 4.04x | €-462.68 Million |
| 2015 | 3.03% | 0.30% | 3.82x | 2.65x | €-76.02 Million |
| 2016 | 14.01% | 2.00% | 2.59x | 2.71x | €49.29 Million |
| 2017 | 1.54% | 0.17% | 3.23x | 2.73x | €-116.62 Million |
| 2018 | 0.54% | 0.03% | 6.23x | 2.67x | €-129.89 Million |
| 2019 | 8.38% | 0.72% | 4.48x | 2.60x | €-24.12 Million |
| 2020 | -6.55% | -1.42% | 3.76x | 1.23x | €-235.13 Million |
| 2021 | 0.43% | 0.77% | 0.50x | 1.13x | €-137.66 Million |
| 2022 | 0.44% | 0.67% | 0.62x | 1.06x | €-133.47 Million |
| 2023 | -7.35% | -7.53% | 0.80x | 1.22x | €-225.27 Million |
Industry Comparison
This section compares Strong Petrochemical Holdings Limited'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: $1,296,044,512,857
- Average return on equity (ROE) among peers: 14.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strong Petrochemical Holdings Limited (K20A) | €1.28 Billion | 41.76% | 0.45x | $6.24 Million |
| RUBIS (BYN) | $2.76 Billion | 12.80% | 1.30x | $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 |
| 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 |