Ghandhara Industries Ltd
Ghandhara Industries Ltd operates in Automotive Parts & Equipment.
Ghandhara Industries Ltd (GHNI) - Net Assets
Latest net assets as of March 2024: PKRs8.52 Billion PKR
Based on the latest financial reports, Ghandhara Industries Ltd (GHNI) has net assets worth PKRs8.52 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 (PKRs16.83 Billion) and total liabilities (PKRs8.31 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 | PKRs8.52 Billion |
| % of Total Assets | 50.64% |
| Annual Growth Rate | 14.91% |
| 5-Year Change | 76.85% |
| 10-Year Change | N/A |
| Growth Volatility | 9.96 |
Ghandhara Industries Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Ghandhara Industries 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 Ghandhara Industries Ltd (2016–2023)
The table below shows the annual net assets of Ghandhara Industries Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs8.22 Billion | +28.69% |
| 2022-06-30 | PKRs6.39 Billion | +12.56% |
| 2021-06-30 | PKRs5.68 Billion | +11.83% |
| 2020-06-30 | PKRs5.08 Billion | +9.17% |
| 2019-06-30 | PKRs4.65 Billion | -1.58% |
| 2018-06-30 | PKRs4.72 Billion | +28.02% |
| 2017-06-30 | PKRs3.69 Billion | +18.71% |
| 2016-06-30 | PKRs3.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ghandhara Industries 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 139.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs2.44 Billion | 29.72% |
| Other Components | PKRs5.78 Billion | 70.28% |
| Total Equity | PKRs8.22 Billion | 100.00% |
Ghandhara Industries Ltd Competitors by Market Cap
The table below lists competitors of Ghandhara Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
genOway Société anonyme
F:JEH
|
$21.70K |
|
Cessatech A/S
CO:CESSA
|
$21.71K |
|
CN RESOURCES POWER
MU:CRP
|
$21.73K |
|
Mineral Mountain Mining & Milling Co
PINK:MMMM
|
$21.74K |
|
Hino Motors Ltd
MU:HMO
|
$21.69K |
|
RECV3F
SA:RECV3F
|
$21.67K |
|
SMCG Co., Ltd.
KQ:460870
|
$21.66K |
|
BIFIRE S.P.A.
F:Q8I
|
$21.64K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ghandhara Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,388,890,000 to 8,222,135,000, a change of 1,833,245,000 (28.7%).
- Net income of 179,424,000 contributed positively to equity growth.
- Dividend payments of 41,000 reduced retained earnings.
- Other factors increased equity by 1,653,862,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs179.42 Million | +2.18% |
| Dividends Paid | PKRs41.00K | -0.0% |
| Other Changes | PKRs1.65 Billion | +20.11% |
| Total Change | PKRs- | 28.69% |
Book Value vs Market Value Analysis
This analysis compares Ghandhara Industries 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: 3.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.73x to 3.47x 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 | PKRs86.61 | PKRs669.37 | x |
| 2018-06-30 | PKRs110.87 | PKRs669.37 | x |
| 2019-06-30 | PKRs109.12 | PKRs669.37 | x |
| 2020-06-30 | PKRs119.12 | PKRs669.37 | x |
| 2021-06-30 | PKRs133.21 | PKRs669.37 | x |
| 2022-06-30 | PKRs149.94 | PKRs669.37 | x |
| 2023-06-30 | PKRs192.97 | PKRs669.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ghandhara Industries 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): 2.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.23%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.01x
- Recent ROE (2.18%) is below the historical average (9.33%), 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 | 23.99% | 12.80% | 1.13x | 1.66x | PKRs435.01 Million |
| 2017 | 21.57% | 7.41% | 1.25x | 2.33x | PKRs427.00 Million |
| 2018 | 28.84% | 8.12% | 1.39x | 2.55x | PKRs890.01 Million |
| 2019 | 1.29% | 0.43% | 0.87x | 3.42x | PKRs-404.99 Million |
| 2020 | -25.28% | -10.88% | 0.62x | 3.73x | PKRs-1.79 Billion |
| 2021 | 10.64% | 4.03% | 1.01x | 2.63x | PKRs36.61 Million |
| 2022 | 11.40% | 3.00% | 1.38x | 2.76x | PKRs89.61 Million |
| 2023 | 2.18% | 1.23% | 0.88x | 2.01x | PKRs-642.79 Million |
Industry Comparison
This section compares Ghandhara Industries Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $20,451,759,600
- Average return on equity (ROE) among peers: 15.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ghandhara Industries Ltd (GHNI) | PKRs8.52 Billion | 23.99% | 0.97x | $21.69K |
| Agriauto Industries Ltd (AGIL) | $5.11 Billion | -2.12% | 0.21x | $4.62K |
| Atlas Honda Ltd (ATLH) | $22.78 Billion | 21.97% | 2.07x | $48.14K |
| Ghandhara Tyre and Rubber Company Ltd (GTYR) | $3.80 Billion | 23.22% | 1.27x | $816.87 |
| Honda Atlas Cars (Pakistan) Ltd (HCAR) | $16.56 Billion | 4.12% | 0.92x | $5.27K |
| Indus Motor Company Ltd (INDU) | $54.01 Billion | 29.26% | 2.96x | $61.58K |