Crescent Steel & Allied Products Ltd
Crescent Steel & Allied Products Ltd operates in Diversified Metals & Mining.
Crescent Steel & Allied Products Ltd (CSAP) - Net Assets
Latest net assets as of March 2024: PKRs8.40 Billion PKR
Based on the latest financial reports, Crescent Steel & Allied Products Ltd (CSAP) has net assets worth PKRs8.40 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 (PKRs13.06 Billion) and total liabilities (PKRs4.66 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 | PKRs8.40 Billion |
| % of Total Assets | 64.32% |
| Annual Growth Rate | 0.21% |
| 5-Year Change | 6.76% |
| 10-Year Change | N/A |
| Growth Volatility | 11.15 |
Crescent Steel & Allied Products Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Crescent Steel & Allied Products 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 Crescent Steel & Allied Products Ltd (2016–2023)
The table below shows the annual net assets of Crescent Steel & Allied Products Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs7.43 Billion | +5.72% |
| 2022-06-30 | PKRs7.02 Billion | -11.84% |
| 2021-06-30 | PKRs7.97 Billion | +13.70% |
| 2020-06-30 | PKRs7.01 Billion | +0.75% |
| 2019-06-30 | PKRs6.96 Billion | -8.64% |
| 2018-06-30 | PKRs7.61 Billion | -11.48% |
| 2017-06-30 | PKRs8.60 Billion | +17.52% |
| 2016-06-30 | PKRs7.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crescent Steel & Allied Products 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | PKRs7.43 Billion | 100.00% |
| Total Equity | PKRs7.43 Billion | 100.00% |
Crescent Steel & Allied Products Ltd Competitors by Market Cap
The table below lists competitors of Crescent Steel & Allied Products Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PDTC3F
SA:PDTC3F
|
$2.62K |
|
Brookside Energy Limited
PINK:RDFED
|
$2.63K |
|
RENEWABLE VENTURES NORDIC
F:X72
|
$2.63K |
|
LAVIDE HOLDING
BE:QU71
|
$2.64K |
|
PHINMA Corp
PSE:PHN
|
$2.62K |
|
Relevant Gold Corp
PINK:RGCCF
|
$2.62K |
|
NEW MAURITIUS HOTELS LTD
SEM:NMHL-O
|
$2.61K |
|
Anthera Pharmaceuticals Inc
PINK:ANTH
|
$2.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crescent Steel & Allied Products Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,024,569,000 to 7,426,141,000, a change of 401,572,000 (5.7%).
- Net income of 590,577,000 contributed positively to equity growth.
- Dividend payments of 9,533,000 reduced retained earnings.
- Other factors decreased equity by 179,472,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs590.58 Million | +7.95% |
| Dividends Paid | PKRs9.53 Million | -0.13% |
| Other Changes | PKRs-179.47 Million | -2.42% |
| Total Change | PKRs- | 5.72% |
Book Value vs Market Value Analysis
This analysis compares Crescent Steel & Allied Products 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: 0.84x
- 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 increased from 0.72x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | PKRs110.80 | PKRs79.93 | x |
| 2018-06-30 | PKRs98.07 | PKRs79.93 | x |
| 2019-06-30 | PKRs89.60 | PKRs79.93 | x |
| 2020-06-30 | PKRs90.27 | PKRs79.93 | x |
| 2021-06-30 | PKRs102.64 | PKRs79.93 | x |
| 2022-06-30 | PKRs90.48 | PKRs79.93 | x |
| 2023-06-30 | PKRs95.66 | PKRs79.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Crescent Steel & Allied Products 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): 7.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.67%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.52x
- Recent ROE (7.95%) is above the historical average (3.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.33% | 14.81% | 0.66x | 1.57x | PKRs390.26 Million |
| 2017 | 13.80% | 9.66% | 0.83x | 1.72x | PKRs326.98 Million |
| 2018 | -0.81% | -0.62% | 0.82x | 1.58x | PKRs-822.79 Million |
| 2019 | -6.03% | -6.27% | 0.67x | 1.44x | PKRs-1.11 Billion |
| 2020 | -0.28% | -0.55% | 0.32x | 1.61x | PKRs-720.69 Million |
| 2021 | 9.93% | 11.28% | 0.65x | 1.35x | PKRs-5.62 Million |
| 2022 | -9.21% | -9.25% | 0.74x | 1.35x | PKRs-1.35 Billion |
| 2023 | 7.95% | 13.67% | 0.38x | 1.52x | PKRs-152.04 Million |
Industry Comparison
This section compares Crescent Steel & Allied Products Ltd's net assets metrics with peer companies in the Metals & Mining industry.
Industry Context
- Industry: Metals & Mining
- Average net assets among peers: $17,963,807,189
- Average return on equity (ROE) among peers: 8.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crescent Steel & Allied Products Ltd (CSAP) | PKRs8.40 Billion | 15.33% | 0.55x | $2.62K |
| Aisha Steel Mills Ltd (ASL) | $8.10 Billion | -7.61% | 3.26x | $336.23 |
| Amreli Steels Ltd (ASTL) | $13.94 Billion | 9.81% | 1.61x | $507.36 |
| International Industries Ltd (INIL) | $35.27 Billion | 8.73% | 1.14x | $4.35K |
| International Steels Ltd (ISL) | $7.14 Billion | 16.51% | 1.94x | $2.36K |
| Mughal Iron & Steel Industries Ltd (MUGHAL) | $25.37 Billion | 13.72% | 1.36x | $2.31K |