Mari Petroleum Company Ltd
Mari Petroleum Company Ltd operates in Oil & Gas Exploration & Production.
Mari Petroleum Company Ltd (MARI) - Net Assets
Latest net assets as of June 2024: PKRs224.91 Billion PKR
Based on the latest financial reports, Mari Petroleum Company Ltd (MARI) has net assets worth PKRs224.91 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 (PKRs346.57 Billion) and total liabilities (PKRs121.66 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 | PKRs224.91 Billion |
| % of Total Assets | 64.89% |
| Annual Growth Rate | 38.13% |
| 5-Year Change | 141.45% |
| 10-Year Change | N/A |
| Growth Volatility | 15.49 |
Mari Petroleum Company Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Mari Petroleum Company 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 Mari Petroleum Company Ltd (2016–2024)
The table below shows the annual net assets of Mari Petroleum Company Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | PKRs224.91 Billion | +33.53% |
| 2023-06-30 | PKRs168.43 Billion | +28.71% |
| 2022-06-30 | PKRs130.86 Billion | +13.26% |
| 2021-06-30 | PKRs115.53 Billion | +24.03% |
| 2020-06-30 | PKRs93.15 Billion | +46.45% |
| 2019-06-30 | PKRs63.61 Billion | +58.26% |
| 2018-06-30 | PKRs40.19 Billion | +57.38% |
| 2017-06-30 | PKRs25.54 Billion | +50.52% |
| 2016-06-30 | PKRs16.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mari Petroleum Company 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 48717.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs208.38 Billion | 92.65% |
| Other Components | PKRs16.52 Billion | 7.35% |
| Total Equity | PKRs224.91 Billion | 100.00% |
Mari Petroleum Company Ltd Competitors by Market Cap
The table below lists competitors of Mari Petroleum Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WeLeader Biomedical Co., Ltd.
TWO:7713
|
$21.02K |
|
SUN INTL RC-08
F:RY1B
|
$21.02K |
|
LS Networks Corp. Ltd.
KQ:000680
|
$21.05K |
|
TAURON
MU:1T5
|
$21.07K |
|
E-Elements Technology Co., Ltd.
TWO:6842
|
$21.01K |
|
Med Life S.A.
F:O0C
|
$20.98K |
|
Goldenstone Acquisition Limited Warrants
NASDAQ:GDSTW
|
$20.98K |
|
Cuu Long Pharmaceutical JSC
VN:DCL
|
$20.97K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mari Petroleum Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,426,340,000 to 224,907,720,000, a change of 56,481,380,000 (33.5%).
- Net income of 77,288,057,000 contributed positively to equity growth.
- Dividend payments of 20,657,329,000 reduced retained earnings.
- Share repurchases of 88,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs77.29 Billion | +34.36% |
| Dividends Paid | PKRs20.66 Billion | -9.18% |
| Share Repurchases | PKRs88.00K | -0.0% |
| Other Changes | PKRs-149.26 Million | -0.07% |
| Total Change | PKRs- | 33.53% |
Book Value vs Market Value Analysis
This analysis compares Mari Petroleum Company 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: 0.36x
- 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 3.14x to 0.36x 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 | PKRs191.43 | PKRs600.62 | x |
| 2018-06-30 | PKRs301.28 | PKRs600.62 | x |
| 2019-06-30 | PKRs476.80 | PKRs600.62 | x |
| 2020-06-30 | PKRs698.26 | PKRs600.62 | x |
| 2021-06-30 | PKRs866.05 | PKRs600.62 | x |
| 2022-06-30 | PKRs980.93 | PKRs600.62 | x |
| 2023-06-30 | PKRs1262.54 | PKRs600.62 | x |
| 2024-06-30 | PKRs1685.93 | PKRs600.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mari Petroleum Company 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): 34.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.51%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.54x
- Recent ROE (34.36%) is above the historical average (33.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 35.67% | 12.72% | 0.80x | 3.51x | PKRs4.35 Billion |
| 2017 | 35.78% | 32.43% | 0.30x | 3.66x | PKRs6.58 Billion |
| 2018 | 38.25% | 37.80% | 0.28x | 3.59x | PKRs11.36 Billion |
| 2019 | 38.25% | 40.92% | 0.27x | 3.46x | PKRs17.97 Billion |
| 2020 | 32.54% | 42.09% | 0.26x | 3.03x | PKRs21.00 Billion |
| 2021 | 27.22% | 43.06% | 0.49x | 1.30x | PKRs19.89 Billion |
| 2022 | 25.27% | 34.75% | 0.51x | 1.41x | PKRs19.98 Billion |
| 2023 | 33.33% | 38.51% | 0.57x | 1.51x | PKRs39.29 Billion |
| 2024 | 34.36% | 42.51% | 0.52x | 1.54x | PKRs54.80 Billion |
Industry Comparison
This section compares Mari Petroleum Company Ltd's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $208,040,826,000
- Average return on equity (ROE) among peers: 16.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mari Petroleum Company Ltd (MARI) | PKRs224.91 Billion | 35.67% | 0.54x | $21.01K |
| Attock Refinery Ltd (ATRL) | $49.92 Billion | 2.14% | 1.23x | $27.49K |
| Hascol Petroleum Ltd (HASCOL) | $10.26 Billion | 13.20% | 4.66x | $602.75 |
| 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 |