K-Electric Ltd
K-Electric Ltd operates in Environmental & Facilities Services.
K-Electric Ltd (KEL) - Net Assets
Latest net assets as of June 2023: PKRs255.00 Billion PKR
Based on the latest financial reports, K-Electric Ltd (KEL) has net assets worth PKRs255.00 Billion PKR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs1.02 Trillion) and total liabilities (PKRs769.57 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 | PKRs255.00 Billion |
| % of Total Assets | 24.89% |
| Annual Growth Rate | 6.8% |
| 5-Year Change | 18.89% |
| 10-Year Change | N/A |
| Growth Volatility | 5.66 |
K-Electric Ltd - Net Assets Trend (2016–2023)
This chart illustrates how K-Electric 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 K-Electric Ltd (2016–2023)
The table below shows the annual net assets of K-Electric Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs255.00 Billion | +1.96% |
| 2022-06-30 | PKRs250.10 Billion | +11.68% |
| 2021-06-30 | PKRs223.93 Billion | +6.30% |
| 2020-06-30 | PKRs210.66 Billion | -1.79% |
| 2019-06-30 | PKRs214.49 Billion | +3.47% |
| 2018-06-30 | PKRs207.29 Billion | +12.47% |
| 2017-06-30 | PKRs184.32 Billion | +14.56% |
| 2016-06-30 | PKRs160.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to K-Electric 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 583.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs49.92 Billion | 19.58% |
| Other Components | PKRs205.07 Billion | 80.42% |
| Total Equity | PKRs255.00 Billion | 100.00% |
K-Electric Ltd Competitors by Market Cap
The table below lists competitors of K-Electric Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cairo Oils & Soap
EGX:COSG
|
$252.72 |
|
AZEV4F
SA:AZEV4F
|
$252.88 |
|
Marawila Resorts PLC
CM:MARAN0000
|
$253.36 |
|
Asia Aviation PCL
STU:55AA
|
$253.48 |
|
SEARS HOLDINGS
HM:SEE
|
$252.20 |
|
River and Mercantile UK Micro Cap Investment Company Ltd
LSE:RMMC
|
$252.06 |
|
JAKARTA INTL HTL DV
BE:JAK1
|
$251.39 |
|
BROWNS INVESTMENTS PLC
CM:BILN0000
|
$251.03 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K-Electric Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 250,099,236,000 to 254,995,823,000, a change of 4,896,587,000 (2.0%).
- Net loss of 30,982,916,000 reduced equity.
- Other factors increased equity by 35,879,503,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs-30.98 Billion | -12.15% |
| Other Changes | PKRs35.88 Billion | +14.07% |
| Total Change | PKRs- | 1.96% |
Book Value vs Market Value Analysis
This analysis compares K-Electric 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: 0.80x
- 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 1.11x to 0.80x 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 | PKRs6.67 | PKRs7.41 | x |
| 2018-06-30 | PKRs7.51 | PKRs7.41 | x |
| 2019-06-30 | PKRs7.77 | PKRs7.41 | x |
| 2020-06-30 | PKRs7.63 | PKRs7.41 | x |
| 2021-06-30 | PKRs8.11 | PKRs7.41 | x |
| 2022-06-30 | PKRs9.06 | PKRs7.41 | x |
| 2023-06-30 | PKRs9.23 | PKRs7.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K-Electric 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): -12.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.96%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 4.02x
- Recent ROE (-12.15%) is below the historical average (4.40%), 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 | 20.36% | 19.65% | 0.49x | 2.13x | PKRs16.67 Billion |
| 2017 | 5.65% | 6.18% | 0.43x | 2.15x | PKRs-8.01 Billion |
| 2018 | 5.94% | 6.69% | 0.39x | 2.29x | PKRs-8.42 Billion |
| 2019 | 8.05% | 9.01% | 0.32x | 2.79x | PKRs-4.18 Billion |
| 2020 | -1.40% | -1.53% | 0.28x | 3.34x | PKRs-24.03 Billion |
| 2021 | 5.35% | 3.69% | 0.39x | 3.73x | PKRs-10.41 Billion |
| 2022 | 3.39% | 1.63% | 0.49x | 4.24x | PKRs-16.54 Billion |
| 2023 | -12.15% | -5.96% | 0.51x | 4.02x | PKRs-56.48 Billion |
Industry Comparison
This section compares K-Electric Ltd's net assets metrics with peer companies in the Electrical Utilities & IPPs industry.
Industry Context
- Industry: Electrical Utilities & IPPs
- Average net assets among peers: $32,595,256,200
- Average return on equity (ROE) among peers: 19.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K-Electric Ltd (KEL) | PKRs255.00 Billion | 20.36% | 3.02x | $252.34 |
| Altern Energy Ltd (ALTN) | $29.80 Billion | 11.35% | 0.11x | $298.56 |
| Engro Powergen Qadirpur Ltd (EPQL) | $9.81 Billion | 24.36% | 1.17x | $838.04 |
| Hub Power Company Ltd (HUBC) | $39.03 Billion | 28.33% | 3.77x | $6.47K |
| KOT Addu Power Company Ltd (KAPCO) | $65.22 Billion | 15.68% | 1.33x | $923.39 |
| Nishat Power Ltd (NPL) | $19.11 Billion | 19.73% | 0.52x | $2.10K |