NuEnergy Gas Limited
NuEnergy Gas Limited, an independent clean energy company, engages in the exploration, appraisal, and development of coal bed methane gas projects in Indonesia. The company operates four gas production sharing contracts with total acreage of approximately 2,278 square kilometers located in South Sumatra. The company was incorporated in 1985 and is based in Sunbury, Australia. NuEnergy Gas Limited… Read more
NuEnergy Gas Limited (NUB) - Net Assets
Latest net assets as of June 2024: €26.28 Million EUR
Based on the latest financial reports, NuEnergy Gas Limited (NUB) has net assets worth €26.28 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€42.43 Million) and total liabilities (€16.15 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 | €26.28 Million |
| % of Total Assets | 61.94% |
| Annual Growth Rate | -8.72% |
| 5-Year Change | 19.08% |
| 10-Year Change | N/A |
| Growth Volatility | 17.29 |
NuEnergy Gas Limited - Net Assets Trend (2017–2024)
This chart illustrates how NuEnergy Gas 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 NuEnergy Gas Limited (2017–2024)
The table below shows the annual net assets of NuEnergy Gas Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €26.28 Million | -3.94% |
| 2023-06-30 | €27.36 Million | +0.71% |
| 2022-06-30 | €27.17 Million | +3.36% |
| 2021-06-30 | €26.28 Million | +19.09% |
| 2020-06-30 | €22.07 Million | -6.99% |
| 2019-06-30 | €23.73 Million | -38.60% |
| 2018-06-30 | €38.65 Million | -22.35% |
| 2017-06-30 | €49.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NuEnergy Gas 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 2892525700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €115.28 Million | 445.78% |
| Total Equity | €25.86 Million | 100.00% |
NuEnergy Gas Limited Competitors by Market Cap
The table below lists competitors of NuEnergy Gas Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vertex Resource Group Ltd
V:VTX
|
$7.30 Million |
|
DAVIDsTEA Inc.
PINK:DTEAF
|
$7.30 Million |
|
Zacatecas Silver Corp
PINK:ZCTSF
|
$7.30 Million |
|
Relief Therapeutics Holding SA
OTCQB:RLFTF
|
$7.30 Million |
|
Geoprima Solusi Tbk PT
JK:GPSO
|
$7.29 Million |
|
Clean Air Metals Inc
OTCQB:CLRMF
|
$7.29 Million |
|
PT Royaltama Mulia Kontraktorindo Tbk
JK:RMKO
|
$7.29 Million |
|
NACON SA EO 1
F:4AW
|
$7.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NuEnergy Gas Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,941,356 to 25,860,484, a change of -1,080,872 (-4.0%).
- Net loss of 807,338 reduced equity.
- Other factors decreased equity by 273,534.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-807.34K | -3.12% |
| Other Changes | €-273.53K | -1.06% |
| Total Change | €- | -4.01% |
Book Value vs Market Value Analysis
This analysis compares NuEnergy Gas 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: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.63x to 1.20x 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 | €0.03 | €0.02 | x |
| 2018-06-30 | €0.03 | €0.02 | x |
| 2019-06-30 | €0.02 | €0.02 | x |
| 2020-06-30 | €0.01 | €0.02 | x |
| 2021-06-30 | €0.02 | €0.02 | x |
| 2022-06-30 | €0.02 | €0.02 | x |
| 2023-06-30 | €0.02 | €0.02 | x |
| 2024-06-30 | €0.02 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NuEnergy Gas 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): -3.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.64x
- Recent ROE (-3.12%) is above the historical average (-14.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -9.26% | 0.00% | 0.00x | 1.07x | €-9.56 Million |
| 2018 | -32.53% | 0.00% | 0.00x | 1.03x | €-16.38 Million |
| 2019 | -72.04% | 0.00% | 0.00x | 1.57x | €-19.38 Million |
| 2020 | -10.39% | 0.00% | 0.00x | 1.68x | €-4.48 Million |
| 2021 | 25.45% | 0.00% | 0.00x | 1.55x | €4.04 Million |
| 2022 | -7.12% | 0.00% | 0.00x | 1.60x | €-4.58 Million |
| 2023 | -3.85% | 0.00% | 0.00x | 1.62x | €-3.73 Million |
| 2024 | -3.12% | 0.00% | 0.00x | 1.64x | €-3.39 Million |
Industry Comparison
This section compares NuEnergy Gas Limited's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $473,402,553
- Average return on equity (ROE) among peers: -38.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NuEnergy Gas Limited (NUB) | €26.28 Million | -9.26% | 0.61x | $7.29 Million |
| East West Minerals Ltd. (37A0) | $4.19 Million | -48.71% | 0.37x | $768.36K |
| 6L00 (6L00) | $199.31 Million | 9.31% | 0.36x | $100.36 Million |
| Talos Energy Inc (7T2) | $1.08 Billion | 5.45% | 1.40x | $1.38 Billion |
| Texas Pacific Land Corporation (9WY) | $772.89 Million | 57.75% | 0.14x | $9.06 Billion |
| WINDSTREAM HLDGS (B4O) | $617.33K | -415.93% | 11.47x | $33.10K |
| Beach Energy Limited (BPS) | $1.87 Billion | 5.44% | 0.38x | $1.18 Billion |
| Deutsche Rohstoff AG (DR0) | $2.20 Million | -22.38% | 0.07x | $33.50 Million |
| PetroNor E&P ASA (FQ00) | $220.88 Million | 15.23% | 0.36x | $51.67 Million |
| Lycos Energy Inc. (G4P0) | $-241.69K | 0.00% | 0.00x | $21.21 Million |
| PT Energi Mega Persada Tbk (HFK) | $585.11 Million | 11.70% | 1.34x | $17.68 Million |