Enwell Energy plc (RHN) - Net Assets
Based on the latest financial reports, Enwell Energy plc (RHN) has net assets worth €171.66 Million EUR (≈ $200.68 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€190.50 Million ≈ $222.71 Million USD) and total liabilities (€18.84 Million ≈ $22.02 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 tangible equity quality of Enwell Energy plc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €171.66 Million |
| % of Total Assets | 90.11% |
| Annual Growth Rate | 1.28% |
| 5-Year Change | 36.48% |
| 10-Year Change | 157.45% |
| Growth Volatility | 33.64 |
Enwell Energy plc - Net Assets Trend (2013–2024)
This chart illustrates how Enwell Energy plc's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Enwell Energy plc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Enwell Energy plc (2013–2024)
The table below shows the annual net assets of Enwell Energy plc from 2013 to 2024. For live valuation and market cap data, see market cap of Enwell Energy plc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €171.44 Million ≈ $200.43 Million |
+5.75% |
| 2023-12-31 | €162.12 Million ≈ $189.54 Million |
-19.21% |
| 2022-12-31 | €200.66 Million ≈ $234.59 Million |
+12.40% |
| 2021-12-31 | €178.52 Million ≈ $208.71 Million |
+42.11% |
| 2020-12-31 | €125.61 Million ≈ $146.86 Million |
-8.68% |
| 2019-12-31 | €137.55 Million ≈ $160.81 Million |
+21.62% |
| 2018-12-31 | €113.10 Million ≈ $132.22 Million |
+87.35% |
| 2017-12-31 | €60.37 Million ≈ $70.58 Million |
+1.75% |
| 2016-12-31 | €59.33 Million ≈ $69.36 Million |
-10.91% |
| 2015-12-31 | €66.59 Million ≈ $77.85 Million |
-27.94% |
| 2014-12-31 | €92.41 Million ≈ $108.04 Million |
-38.02% |
| 2013-12-31 | €149.10 Million ≈ $174.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Enwell Energy plc'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 73188700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €300.08 Million | 175.03% |
| Total Equity | €171.44 Million | 100.00% |
Enwell Energy plc Competitors by Market Cap
The table below lists competitors of Enwell Energy plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korea Steel Co Ltd
KO:007280
|
$43.49 Million |
|
Structural Monitoring Systems Plc
AU:SMN
|
$43.49 Million |
|
Leading Edge Materials Corp
V:LEM
|
$43.50 Million |
|
HPQ SILICON INC.
F:O08
|
$43.51 Million |
|
Johnson Matthey PLC
LSE:JMAT
|
$43.46 Million |
|
German High Street Properties A/S Class B
CO:GERHSP
|
$43.45 Million |
|
K Seng Seng Corporation Bhd
KLSE:5192
|
$43.45 Million |
|
N2N Connect Bhd
KLSE:0108
|
$43.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enwell Energy plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 162,121,000 to 171,440,000, a change of 9,319,000 (5.7%).
- Net income of 23,723,000 contributed positively to equity growth.
- Other factors decreased equity by 14,404,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €23.72 Million | +13.84% |
| Other Changes | €-14.40 Million | -8.4% |
| Total Change | €- | 5.75% |
Book Value vs Market Value Analysis
This analysis compares Enwell Energy plc'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: 0.22x
- 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 0.62x to 0.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.19 | €0.12 | x |
| 2018-12-31 | €0.35 | €0.12 | x |
| 2019-12-31 | €0.43 | €0.12 | x |
| 2020-12-31 | €0.39 | €0.12 | x |
| 2021-12-31 | €0.56 | €0.12 | x |
| 2022-12-31 | €0.63 | €0.12 | x |
| 2023-12-31 | €0.51 | €0.12 | x |
| 2024-12-31 | €0.53 | €0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enwell Energy plc 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): 13.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.80%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.11x
- Recent ROE (13.84%) is above the historical average (5.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -85.86% | -432.97% | 0.19x | 1.03x | €-142.94 Million |
| 2014 | 6.23% | 22.16% | 0.27x | 1.02x | €-3.49 Million |
| 2015 | -1.47% | -6.38% | 0.22x | 1.05x | €-7.64 Million |
| 2016 | -2.12% | -4.91% | 0.40x | 1.09x | €-7.19 Million |
| 2017 | 3.79% | 6.53% | 0.52x | 1.13x | €-3.75 Million |
| 2018 | 48.02% | 82.16% | 0.54x | 1.09x | €43.00 Million |
| 2019 | 8.87% | 21.81% | 0.36x | 1.13x | €-1.56 Million |
| 2020 | 2.54% | 6.75% | 0.32x | 1.16x | €-9.37 Million |
| 2021 | 28.64% | 42.12% | 0.58x | 1.17x | €33.27 Million |
| 2022 | 29.99% | 45.12% | 0.55x | 1.20x | €40.12 Million |
| 2023 | 16.34% | 42.59% | 0.34x | 1.13x | €10.27 Million |
| 2024 | 13.84% | 52.80% | 0.24x | 1.11x | €6.58 Million |
Industry Comparison
This section compares Enwell Energy plc'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: $1,891,487,614
- Average return on equity (ROE) among peers: -53.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enwell Energy plc (RHN) | €171.66 Million | -85.86% | 0.11x | $43.48 Million |
| Panoro Energy ASA (1PZ) | $108.17 Million | -36.86% | 0.06x | $412.26 Million |
| UNITED OIL+GAS PLC LS-01 (1UO) | $6.79 Million | -299.84% | 0.51x | $2.20 Million |
| Indus Gas Ltd (59Q) | $71.92 Million | 16.37% | 4.95x | $3.64 Million |
| DELEK GP SP.ADR/1/01/O.N (6D40) | $18.54 Billion | 7.57% | 1.82x | $4.87 Billion |
| AVILA ENERGY CORP. (6HQ0) | $-5.88 Million | 0.00% | 0.00x | $177.76K |
| CENTAURUS ENERGY INC. (72M0) | $-30.03 Million | 0.00% | 0.00x | $867.56K |
| NEW STRATUS ENERGY (80N) | $28.29 Million | 52.45% | 2.68x | $58.52 Million |
| Brookside Energy Limited (8F3) | $71.69 Million | 21.06% | 0.31x | $27.71 Million |
| JADESTONE ENERGY LS -001 (8KW) | $123.82 Million | -13.79% | 4.86x | $176.47 Million |
| WILDCAT PRETR.LS -000028 (8Y6) | $108.00K | -283.09% | 0.66x | $1.50 Million |
About Enwell Energy plc
Enwell Energy plc engages in the exploration, development, and production of oil and gas properties in Ukraine. The company holds 100% interest in gas and condensate fields, including the Mekhediviska-Golotvshinska and Svyrydivske fields located in Poltava region covering an area of 269 square kilometers; the Vasyschevskoye field located in the Kharkiv region covering an area of 33.2 square kilom… Read more