Attock Refinery Ltd
Attock Refinery Ltd operates in Oil & Gas Exploration & Production.
Attock Refinery Ltd (ATRL) - Net Assets
Latest net assets as of June 2024: PKRs146.18 Billion PKR
Based on the latest financial reports, Attock Refinery Ltd (ATRL) has net assets worth PKRs146.18 Billion PKR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs229.84 Billion) and total liabilities (PKRs83.66 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 | PKRs146.18 Billion |
| % of Total Assets | 63.6% |
| Annual Growth Rate | 17.33% |
| 5-Year Change | 198.96% |
| 10-Year Change | N/A |
| Growth Volatility | 31.31 |
Attock Refinery Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Attock Refinery 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 Attock Refinery Ltd (2016–2024)
The table below shows the annual net assets of Attock Refinery Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | PKRs146.18 Billion | +19.30% |
| 2023-06-30 | PKRs122.53 Billion | +95.35% |
| 2022-06-30 | PKRs62.72 Billion | +25.64% |
| 2021-06-30 | PKRs49.92 Billion | +2.10% |
| 2020-06-30 | PKRs48.90 Billion | +20.73% |
| 2019-06-30 | PKRs40.50 Billion | -18.39% |
| 2018-06-30 | PKRs49.63 Billion | +1.47% |
| 2017-06-30 | PKRs48.91 Billion | +20.16% |
| 2016-06-30 | PKRs40.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Attock Refinery 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 63.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs39.30 Billion | 26.88% |
| Other Components | PKRs106.88 Billion | 73.12% |
| Total Equity | PKRs146.18 Billion | 100.00% |
Attock Refinery Ltd Competitors by Market Cap
The table below lists competitors of Attock Refinery Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EBFI
PINK:EBFI
|
$27.54K |
|
SRT Marine Systems plc
LSE:SRT
|
$27.55K |
|
Umalis Group
PA:MLUMG
|
$27.58K |
|
Concurrent Technologies Plc
LSE:CNC
|
$27.62K |
|
DOUJA PROM ADDOHA
BC:DOUJA-PROM-ADDOHA
|
$27.49K |
|
GRUPO BIMBO-A (4GM.SG)
STU:4GM
|
$27.48K |
|
NQ Minerals Plc
OTCQB:NQMLF
|
$27.48K |
|
ALBIS LEASING AG - Dusseldorf Stock Exchang
DU:ALG
|
$27.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Attock Refinery Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 122,526,194,000 to 146,179,462,000, a change of 23,653,268,000 (19.3%).
- Net income of 25,049,738,000 contributed positively to equity growth.
- Dividend payments of 2,099,197,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs25.05 Billion | +17.14% |
| Dividends Paid | PKRs2.10 Billion | -1.44% |
| Other Changes | PKRs702.73 Million | +0.48% |
| Total Change | PKRs- | 19.30% |
Book Value vs Market Value Analysis
This analysis compares Attock Refinery 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: 0.58x
- 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 1.73x to 0.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | PKRs458.73 | PKRs795.23 | x |
| 2018-06-30 | PKRs465.48 | PKRs795.23 | x |
| 2019-06-30 | PKRs379.86 | PKRs795.23 | x |
| 2020-06-30 | PKRs458.61 | PKRs795.23 | x |
| 2021-06-30 | PKRs468.23 | PKRs795.23 | x |
| 2022-06-30 | PKRs588.30 | PKRs795.23 | x |
| 2023-06-30 | PKRs1149.23 | PKRs795.23 | x |
| 2024-06-30 | PKRs1371.08 | PKRs795.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Attock Refinery 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): 17.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.54%
- • Asset Turnover: 1.67x
- • Equity Multiplier: 1.57x
- Recent ROE (17.14%) is above the historical average (6.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.84% | 5.41% | 0.80x | 2.04x | PKRs-470.89 Million |
| 2017 | 15.16% | 7.31% | 1.00x | 2.07x | PKRs2.52 Billion |
| 2018 | 2.80% | 1.07% | 1.16x | 2.25x | PKRs-3.57 Billion |
| 2019 | -21.27% | -4.87% | 1.60x | 2.73x | PKRs-12.66 Billion |
| 2020 | -9.58% | -3.91% | 1.16x | 2.11x | PKRs-9.57 Billion |
| 2021 | 2.14% | 0.84% | 1.15x | 2.23x | PKRs-3.92 Billion |
| 2022 | 20.65% | 4.95% | 1.82x | 2.30x | PKRs6.68 Billion |
| 2023 | 25.03% | 8.30% | 1.92x | 1.57x | PKRs18.42 Billion |
| 2024 | 17.14% | 6.54% | 1.67x | 1.57x | PKRs10.43 Billion |
Industry Comparison
This section compares Attock Refinery Ltd's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $210,321,753,333
- Average return on equity (ROE) among peers: 22.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Attock Refinery Ltd (ATRL) | PKRs146.18 Billion | 8.84% | 0.57x | $27.49K |
| Hascol Petroleum Ltd (HASCOL) | $10.26 Billion | 13.20% | 4.66x | $602.75 |
| Mari Petroleum Company Ltd (MARI) | $63.61 Billion | 38.25% | 2.46x | $21.01K |
| National Refinery Ltd (NRL) | $29.84 Billion | -13.62% | 1.12x | $11.44K |
| Oil and Gas Development Co Ltd (OGDC) | $1.08 Trillion | 20.74% | 0.32x | $8.99K |
| Pakistan Oilfields Ltd (POL) | $55.59 Billion | 48.15% | 1.22x | $20.13K |
| Shell Pakistan Ltd (SHEL) | $19.74 Billion | 29.65% | 4.39x | $6.13K |