Scales Corporation Limited
Scales Corporation Limited engages in manufacturing and trading of food ingredients in New Zealand, Asia, Europe, North America, and internationally. It operates through Global Proteins, Horticulture, Logistics, and Other segments. The company processes and markets proteins, such as pet food ingredients, edible meat, and offal products; and orchards, fruit packing, and juice concentrate. In addit… Read more
Scales Corporation Limited (S05) - Net Assets
Latest net assets as of December 2024: €381.52 Million EUR
Based on the latest financial reports, Scales Corporation Limited (S05) has net assets worth €381.52 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€608.92 Million) and total liabilities (€227.41 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 | €381.52 Million |
| % of Total Assets | 62.65% |
| Annual Growth Rate | 7.46% |
| 5-Year Change | 0.82% |
| 10-Year Change | N/A |
| Growth Volatility | 14.04 |
Scales Corporation Limited - Net Assets Trend (2016–2024)
This chart illustrates how Scales Corporation 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 Scales Corporation Limited (2016–2024)
The table below shows the annual net assets of Scales Corporation Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €381.52 Million | -0.89% |
| 2023-12-31 | €384.95 Million | -1.75% |
| 2022-12-31 | €391.81 Million | +0.38% |
| 2021-12-31 | €390.31 Million | +3.15% |
| 2020-12-31 | €378.40 Million | +5.40% |
| 2019-12-31 | €359.00 Million | +43.67% |
| 2018-12-31 | €249.87 Million | +12.60% |
| 2017-12-31 | €221.92 Million | +3.41% |
| 2016-12-31 | €214.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scales Corporation 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 250.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €200.78 Million | 54.62% |
| Other Components | €166.80 Million | 45.38% |
| Total Equity | €367.59 Million | 100.00% |
Scales Corporation Limited Competitors by Market Cap
The table below lists competitors of Scales Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qualipoly Chemical Corp
TW:4722
|
$412.26 Million |
|
Tejas Networks Limited
NSE:TEJASNET
|
$412.26 Million |
|
PNE AG
XETRA:PNE3
|
$412.51 Million |
|
Shinry Technologies Co Ltd Class A
SHE:300745
|
$412.58 Million |
|
iHeartMedia Inc Class A
NASDAQ:IHRT
|
$411.91 Million |
|
Jiangxi Naipu Mining Machinery
SHE:300818
|
$411.88 Million |
|
Medy-Tox Inc
KQ:086900
|
$411.84 Million |
|
Mangalore Refinery and Petrochemicals Limited
NSE:MRPL
|
$411.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scales Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 373,352,000 to 367,589,000, a change of -5,763,000 (-1.5%).
- Net income of 30,726,000 contributed positively to equity growth.
- Dividend payments of 29,258,000 reduced retained earnings.
- New share issuances of 256,000 increased equity.
- Other factors decreased equity by 7,487,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €30.73 Million | +8.36% |
| Dividends Paid | €29.26 Million | -7.96% |
| Share Issuances | €256.00K | +0.07% |
| Other Changes | €-7.49 Million | -2.04% |
| Total Change | €- | -1.54% |
Book Value vs Market Value Analysis
This analysis compares Scales Corporation 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: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.86x to 1.15x 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 | €1.58 | €2.94 | x |
| 2018-12-31 | €1.76 | €2.94 | x |
| 2019-12-31 | €2.53 | €2.94 | x |
| 2020-12-31 | €2.66 | €2.94 | x |
| 2021-12-31 | €2.72 | €2.94 | x |
| 2022-12-31 | €2.71 | €2.94 | x |
| 2023-12-31 | €2.63 | €2.94 | x |
| 2024-12-31 | €2.56 | €2.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scales Corporation 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): 8.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.23%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.66x
- Recent ROE (8.36%) is below the historical average (12.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 17.64% | 10.45% | 1.10x | 1.54x | €16.35 Million |
| 2017 | 14.15% | 7.96% | 1.15x | 1.55x | €9.18 Million |
| 2018 | 18.31% | 11.33% | 0.97x | 1.67x | €20.45 Million |
| 2019 | 33.24% | 24.53% | 0.86x | 1.57x | €82.50 Million |
| 2020 | 5.63% | 4.49% | 0.80x | 1.57x | €-16.35 Million |
| 2021 | 7.00% | 5.37% | 0.86x | 1.52x | €-11.51 Million |
| 2022 | 5.05% | 3.16% | 1.06x | 1.51x | €-19.03 Million |
| 2023 | 1.40% | 0.92% | 0.98x | 1.56x | €-32.10 Million |
| 2024 | 8.36% | 5.23% | 0.96x | 1.66x | €-6.03 Million |
Industry Comparison
This section compares Scales Corporation Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,832,678,733,200
- Average return on equity (ROE) among peers: 0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scales Corporation Limited (S05) | €381.52 Million | 17.64% | 0.60x | $411.92 Million |
| COFCO Joycome Foods Limited (0M7) | $9.25 Billion | -0.10% | 0.76x | $482.93 Million |
| WH Group Ltd (0WH) | $9.69 Billion | 11.03% | 1.00x | $7.82 Billion |
| A2 Milk Company Ltd (14L) | $1.08 Billion | 7.44% | 0.27x | $4.22 Billion |
| HOCHDORF HLDG AG (1Z3) | $157.90 Million | -6.47% | 0.72x | $3.93 Million |
| PT Salim Ivomas Pratama Tbk (2IR) | $23.99 Trillion | 6.46% | 0.55x | $11.50 Million |
| DaChan Food (Asia) Limited (3DS) | $2.27 Billion | 6.85% | 0.52x | $17.89 Million |
| Global Sweeteners Holdings Limited (3GS) | $-218.25 Million | 0.00% | 0.00x | $2.66 Million |
| Meiji Holdings Co. Ltd (3M0) | $713.02 Billion | 12.27% | 0.57x | $5.87 Billion |
| Megmilk Snow Brand Co. Ltd (6MG) | $116.45 Billion | 2.21% | 1.87x | $839.43 Million |
| PT Eagle High Plantations Tbk (7B7) | $3.49 Trillion | -31.00% | 3.32x | $31.04 Million |