Amreli Steels Ltd
Amreli Steels Ltd operates in Diversified Metals & Mining.
Amreli Steels Ltd (ASTL) - Net Assets
Latest net assets as of March 2024: PKRs13.14 Billion PKR
Based on the latest financial reports, Amreli Steels Ltd (ASTL) has net assets worth PKRs13.14 Billion PKR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs40.25 Billion) and total liabilities (PKRs27.11 Billion). 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 | PKRs13.14 Billion |
| % of Total Assets | 32.65% |
| Annual Growth Rate | 4.52% |
| 5-Year Change | 18.94% |
| 10-Year Change | N/A |
| Growth Volatility | 11.6 |
Amreli Steels Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Amreli Steels Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Amreli Steels Ltd (2016–2023)
The table below shows the annual net assets of Amreli Steels Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs14.56 Billion | -4.54% |
| 2022-06-30 | PKRs15.25 Billion | +9.43% |
| 2021-06-30 | PKRs13.94 Billion | +25.44% |
| 2020-06-30 | PKRs11.11 Billion | -9.23% |
| 2019-06-30 | PKRs12.24 Billion | -4.94% |
| 2018-06-30 | PKRs12.88 Billion | +15.56% |
| 2017-06-30 | PKRs11.15 Billion | +4.26% |
| 2016-06-30 | PKRs10.69 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Amreli Steels Ltd'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 525022500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs5.25 Billion | 36.05% |
| Other Components | PKRs9.31 Billion | 63.95% |
| Total Equity | PKRs14.56 Billion | 100.00% |
Amreli Steels Ltd Competitors by Market Cap
The table below lists competitors of Amreli Steels Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SpaceandPeople Plc
LSE:SAL
|
$504.10 |
|
FSTU11F
SA:FSTU11F
|
$504.19 |
|
Secure Logistics Gro
KAR:SLGL
|
$504.45 |
|
HELMA EIGENHEIMBAU - Dusseldorf Stock Exchang
DU:H5E
|
$504.69 |
|
ECC Games SA
WAR:ECC
|
$503.75 |
|
Mahanna Islamic Inde
KAR:MIIETF
|
$503.61 |
|
POU SHENG INTL
BE:P5C
|
$502.98 |
|
Labocanna SA
WAR:LCN
|
$501.61 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amreli Steels Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,254,706,000 to 14,562,241,000, a change of -692,465,000 (-4.5%).
- Net loss of 678,443,000 reduced equity.
- Dividend payments of 154,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs-678.44 Million | -4.66% |
| Dividends Paid | PKRs154.00K | -0.0% |
| Other Changes | PKRs-13.87 Million | -0.1% |
| Total Change | PKRs- | -4.54% |
Book Value vs Market Value Analysis
This analysis compares Amreli Steels Ltd'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: 0.29x
- 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 |
|---|---|---|---|
| 2017-06-30 | PKRs37.53 | PKRs14.43 | x |
| 2018-06-30 | PKRs43.37 | PKRs14.43 | x |
| 2019-06-30 | PKRs41.22 | PKRs14.43 | x |
| 2020-06-30 | PKRs37.42 | PKRs14.43 | x |
| 2021-06-30 | PKRs46.94 | PKRs14.43 | x |
| 2022-06-30 | PKRs51.36 | PKRs14.43 | x |
| 2023-06-30 | PKRs49.03 | PKRs14.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amreli Steels Ltd 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): -4.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.49%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.76x
- Recent ROE (-4.66%) is below the historical average (4.74%), 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 | 11.96% | 10.31% | 0.74x | 1.57x | PKRs209.73 Million |
| 2017 | 9.64% | 8.09% | 0.73x | 1.63x | PKRs-40.52 Million |
| 2018 | 12.31% | 10.23% | 0.58x | 2.07x | PKRs297.22 Million |
| 2019 | 0.27% | 0.11% | 0.97x | 2.42x | PKRs-1.19 Billion |
| 2020 | -10.14% | -4.25% | 0.75x | 3.19x | PKRs-2.24 Billion |
| 2021 | 9.81% | 3.49% | 1.08x | 2.61x | PKRs-25.80 Million |
| 2022 | 8.69% | 2.28% | 1.34x | 2.85x | PKRs-199.96 Million |
| 2023 | -4.66% | -1.49% | 1.13x | 2.76x | PKRs-2.13 Billion |
Industry Comparison
This section compares Amreli Steels Ltd's net assets metrics with peer companies in the Metals & Mining industry.
Industry Context
- Industry: Metals & Mining
- Average net assets among peers: $17,972,248,389
- Average return on equity (ROE) among peers: 16.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amreli Steels Ltd (ASTL) | PKRs13.14 Billion | 11.96% | 2.06x | $503.98 |
| Aisha Steel Mills Ltd (ASL) | $14.47 Billion | 44.02% | 1.52x | $312.49 |
| Crescent Steel & Allied Products Ltd (CSAP) | $7.61 Billion | -0.81% | 0.58x | $2.94K |
| International Industries Ltd (INIL) | $35.27 Billion | 8.73% | 1.14x | $4.49K |
| International Steels Ltd (ISL) | $7.14 Billion | 16.51% | 1.94x | $2.57K |
| Mughal Iron & Steel Industries Ltd (MUGHAL) | $25.37 Billion | 13.72% | 1.36x | $2.30K |