Fauji Fertilizer Bin Qasim Ltd
Fauji Fertilizer Bin Qasim Ltd operates in Commodity Chemicals.
Fauji Fertilizer Bin Qasim Ltd (FFBL) - Net Assets
Latest net assets as of June 2024: PKRs63.63 Billion PKR
Based on the latest financial reports, Fauji Fertilizer Bin Qasim Ltd (FFBL) has net assets worth PKRs63.63 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 (PKRs203.28 Billion) and total liabilities (PKRs139.64 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 | PKRs63.63 Billion |
| % of Total Assets | 31.3% |
| Annual Growth Rate | 16.86% |
| 5-Year Change | 397.14% |
| 10-Year Change | N/A |
| Growth Volatility | 43.95 |
Fauji Fertilizer Bin Qasim Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Fauji Fertilizer Bin Qasim 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 Fauji Fertilizer Bin Qasim Ltd (2016–2023)
The table below shows the annual net assets of Fauji Fertilizer Bin Qasim Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs53.34 Billion | +22.57% |
| 2022-12-31 | PKRs43.52 Billion | +32.14% |
| 2021-12-31 | PKRs32.93 Billion | +46.70% |
| 2020-12-31 | PKRs22.45 Billion | +109.23% |
| 2019-12-31 | PKRs10.73 Billion | -46.45% |
| 2018-12-31 | PKRs20.04 Billion | +0.31% |
| 2017-12-31 | PKRs19.97 Billion | +11.44% |
| 2016-12-31 | PKRs17.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fauji Fertilizer Bin Qasim 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 554.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs19.21 Billion | 44.63% |
| Other Components | PKRs23.83 Billion | 55.37% |
| Total Equity | PKRs43.04 Billion | 100.00% |
Fauji Fertilizer Bin Qasim Ltd Competitors by Market Cap
The table below lists competitors of Fauji Fertilizer Bin Qasim Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Export Development Bank of Egypt
EGX:EXPA
|
$3.02K |
|
Palayan Resources Inc
PINK:PLYN
|
$3.03K |
|
KC Cottrell Co. Ltd.
KQ:119650
|
$3.03K |
|
BRIMSTONE INV CP-N-
BE:B2Y
|
$3.03K |
|
International Company For Leasing (IncoLEASE)
EGX:ICLE
|
$3.02K |
|
GFSA3F
SA:GFSA3F
|
$3.02K |
|
GROWWEV
NSE:GROWWEV
|
$3.02K |
|
United Company RUSAL PLC Regist
STU:R6L
|
$3.02K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fauji Fertilizer Bin Qasim Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 36,349,161,000 to 43,037,491,000, a change of 6,688,330,000 (18.4%).
- Net income of 3,037,531,000 contributed positively to equity growth.
- Dividend payments of 919,000 reduced retained earnings.
- New share issuances of 4,615,934,000 increased equity.
- Other factors decreased equity by 964,216,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs3.04 Billion | +7.06% |
| Dividends Paid | PKRs919.00K | -0.0% |
| Share Issuances | PKRs4.62 Billion | +10.73% |
| Other Changes | PKRs-964.22 Million | -2.24% |
| Total Change | PKRs- | 18.40% |
Book Value vs Market Value Analysis
This analysis compares Fauji Fertilizer Bin Qasim 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: 2.67x
- 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 6.27x to 2.67x 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 | PKRs14.17 | PKRs88.94 | x |
| 2018-12-31 | PKRs15.11 | PKRs88.94 | x |
| 2019-12-31 | PKRs8.52 | PKRs88.94 | x |
| 2020-12-31 | PKRs21.50 | PKRs88.94 | x |
| 2021-12-31 | PKRs22.11 | PKRs88.94 | x |
| 2022-12-31 | PKRs28.15 | PKRs88.94 | x |
| 2023-12-31 | PKRs33.33 | PKRs88.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fauji Fertilizer Bin Qasim 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): 7.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.37%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 4.62x
- Recent ROE (7.06%) is above the historical average (6.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.43% | 1.89% | 0.48x | 7.13x | PKRs-516.20 Million |
| 2017 | 12.47% | 2.94% | 0.58x | 7.26x | PKRs374.95 Million |
| 2018 | 9.67% | 2.02% | 0.62x | 7.69x | PKRs-53.44 Million |
| 2019 | -69.64% | -7.81% | 0.61x | 14.65x | PKRs-7.28 Billion |
| 2020 | 32.14% | 6.58% | 0.73x | 6.73x | PKRs4.45 Billion |
| 2021 | 31.37% | 6.98% | 0.80x | 5.63x | PKRs6.10 Billion |
| 2022 | 21.04% | 4.18% | 0.92x | 5.46x | PKRs4.01 Billion |
| 2023 | 7.06% | 1.37% | 1.12x | 4.62x | PKRs-1.27 Billion |
Industry Comparison
This section compares Fauji Fertilizer Bin Qasim Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $92,987,429,714
- Average return on equity (ROE) among peers: 17.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fauji Fertilizer Bin Qasim Ltd (FFBL) | PKRs63.63 Billion | 6.43% | 2.19x | $3.02K |
| Dawood Hercules Corporation Ltd (DAWH) | $208.04 Billion | 2.72% | 1.76x | $8.34K |
| Engro Fertilizers Ltd (EFERT) | $43.28 Billion | 38.98% | 1.94x | $6.85K |
| Engro Corporation Ltd (ENGRO) | $242.80 Billion | 11.51% | 1.65x | $16.58K |
| Engro Polymer & Chemicals Ltd (EPCL) | $26.13 Billion | 21.93% | 1.64x | $1.08K |
| Fatima Fertilizer Company Ltd (FATIMA) | $65.64 Billion | 14.12% | 0.79x | $4.06K |
| Fauji Fertilizer Company Ltd (FFC) | $51.88 Billion | 22.16% | 1.71x | $16.82K |
| Gatron Industries Ltd (GATI) | $13.14 Billion | 11.04% | 0.61x | $2.50K |