HARBOUR ENE.SP.ADR LS-50 (PQQ2) - Net Assets
Based on the latest financial reports, HARBOUR ENE.SP.ADR LS-50 (PQQ2) has net assets worth €6.21 Billion EUR (≈ $7.26 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€29.09 Billion ≈ $34.01 Billion USD) and total liabilities (€22.89 Billion ≈ $26.76 Billion 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. Explore how efficiently does HARBOUR ENE.SP.ADR LS-50 generate cash to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.21 Billion |
| % of Total Assets | 21.33% |
| Annual Growth Rate | 90.27% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 114.55 |
HARBOUR ENE.SP.ADR LS-50 - Net Assets Trend (2021–2025)
This chart illustrates how HARBOUR ENE.SP.ADR LS-50's net assets have evolved over time, based on quarterly financial data. Also explore PQQ2 asset base for the complete picture of this company's asset base.
Annual Net Assets for HARBOUR ENE.SP.ADR LS-50 (2021–2025)
The table below shows the annual net assets of HARBOUR ENE.SP.ADR LS-50 from 2021 to 2025. For live valuation and market cap data, see PQQ2 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €6.21 Billion ≈ $7.26 Billion |
-0.72% |
| 2024-12-31 | €6.25 Billion ≈ $7.31 Billion |
+302.51% |
| 2023-12-31 | €1.55 Billion ≈ $1.82 Billion |
+52.11% |
| 2022-12-31 | €1.02 Billion ≈ $1.19 Billion |
+115.63% |
| 2021-12-31 | €473.50 Million ≈ $553.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HARBOUR ENE.SP.ADR LS-50'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 29.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €53.00 Million | 0.85% |
| Other Components | €6.15 Billion | 99.15% |
| Total Equity | €6.21 Billion | 100.00% |
HARBOUR ENE.SP.ADR LS-50 Competitors by Market Cap
The table below lists competitors of HARBOUR ENE.SP.ADR LS-50 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qualys Inc
NASDAQ:QLYS
|
$3.53 Billion |
|
GEK TERNA Holdings Real Estate Construction S.A
AT:GEKTERNA
|
$3.53 Billion |
|
Bread Financial Holdings, Inc.
NYSE:BFH
|
$3.53 Billion |
|
TOTVS S.A
SA:TOTS3
|
$3.53 Billion |
|
Kimberly-Clark de México S. A. B. de C. V
MX:KIMBERA
|
$3.52 Billion |
|
Fattal 1998 Holdings Ltd
TA:FTAL
|
$3.52 Billion |
|
Sigurd Microelectronics Corp
TW:6257
|
$3.52 Billion |
|
Asmedia Technology Inc
TW:5269
|
$3.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HARBOUR ENE.SP.ADR LS-50's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,251,000,000 to 6,206,000,000, a change of -45,000,000 (-0.7%).
- Net loss of 182,000,000 reduced equity.
- Dividend payments of 455,000,000 reduced retained earnings.
- Share repurchases of 90,000,000 reduced equity.
- Other factors increased equity by 697,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-182.00 Million | -2.93% |
| Dividends Paid | €455.00 Million | -7.33% |
| Share Repurchases | €90.00 Million | -1.45% |
| Other Changes | €697.00 Million | +11.23% |
| Total Change | €- | -0.72% |
Book Value vs Market Value Analysis
This analysis compares HARBOUR ENE.SP.ADR LS-50'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: 0.75x
- 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 decreased from 6.53x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.51 | €3.34 | x |
| 2022-12-31 | €1.21 | €3.34 | x |
| 2023-12-31 | €2.03 | €3.34 | x |
| 2024-12-31 | €4.37 | €3.34 | x |
| 2025-12-31 | €4.44 | €3.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HARBOUR ENE.SP.ADR LS-50 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): -2.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.80%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 4.69x
- Recent ROE (-2.93%) is below the historical average (4.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 21.35% | 2.91% | 0.24x | 30.63x | €53.75 Million |
| 2022 | 0.78% | 0.15% | 0.43x | 12.31x | €-94.10 Million |
| 2023 | 2.90% | 1.21% | 0.37x | 6.39x | €-110.30 Million |
| 2024 | -1.49% | -1.51% | 0.20x | 4.85x | €-718.10 Million |
| 2025 | -2.93% | -1.80% | 0.35x | 4.69x | €-802.60 Million |
Industry Comparison
This section compares HARBOUR ENE.SP.ADR LS-50'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: $555,018,191
- Average return on equity (ROE) among peers: -89.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HARBOUR ENE.SP.ADR LS-50 (PQQ2) | €6.21 Billion | 21.35% | 3.69x | $3.52 Billion |
| Panoro Energy ASA (1PZ) | $108.17 Million | -36.86% | 0.06x | $412.26 Million |
| UNITED OIL+GAS PLC LS-01 (1UO) | $26.96 Million | 8.71% | 0.26x | $2.20 Million |
| Indus Gas Ltd (59Q) | $200.37 Million | 18.71% | 3.73x | $3.64 Million |
| DELEK GP SP.ADR/1/01/O.N (6D40) | $5.19 Billion | 27.60% | 5.05x | $4.87 Billion |
| AVILA ENERGY CORP. (6HQ0) | $6.81 Million | -392.55% | 2.99x | $177.76K |
| CENTAURUS ENERGY INC. (72M0) | $-30.03 Million | 0.00% | 0.00x | $867.56K |
| NEW STRATUS ENERGY (80N) | $22.06 Million | -51.45% | 1.21x | $58.52 Million |
| Brookside Energy Limited (8F3) | $8.91 Million | 10.30% | 0.61x | $27.95 Million |
| JADESTONE ENERGY LS -001 (8KW) | $18.83 Million | -234.37% | 56.74x | $176.47 Million |
| WILDCAT PRETR.LS -000028 (8Y6) | $107.97K | -242.65% | 0.42x | $1.50 Million |
About HARBOUR ENE.SP.ADR LS-50
Harbour Energy plc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and gas reserves in Norway, the United Kingdom, Germany, Mexico, Argentina, North Africa, and Southeast Asia. It is involved in the decommissioning; financing and servicing; distribution, transportation, and trade; gas trading; and risk mitigation activities. The company… Read more