Nishat Power Ltd
Nishat Power Ltd operates in Environmental & Facilities Services.
Nishat Power Ltd (NPL) - Net Assets
Latest net assets as of March 2024: PKRs31.79 Billion PKR
Based on the latest financial reports, Nishat Power Ltd (NPL) has net assets worth PKRs31.79 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 (PKRs35.03 Billion) and total liabilities (PKRs3.23 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 | PKRs31.79 Billion |
| % of Total Assets | 90.77% |
| Annual Growth Rate | 13.59% |
| 5-Year Change | 56.39% |
| 10-Year Change | N/A |
| Growth Volatility | 5.79 |
Nishat Power Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Nishat Power 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 Nishat Power Ltd (2016–2023)
The table below shows the annual net assets of Nishat Power Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs29.88 Billion | +6.37% |
| 2022-06-30 | PKRs28.09 Billion | +8.01% |
| 2021-06-30 | PKRs26.01 Billion | +9.76% |
| 2020-06-30 | PKRs23.70 Billion | +24.02% |
| 2019-06-30 | PKRs19.11 Billion | +16.50% |
| 2018-06-30 | PKRs16.40 Billion | +18.01% |
| 2017-06-30 | PKRs13.90 Billion | +13.44% |
| 2016-06-30 | PKRs12.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nishat Power 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 172.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs23.71 Billion | 79.33% |
| Other Components | PKRs6.18 Billion | 20.67% |
| Total Equity | PKRs29.88 Billion | 100.00% |
Nishat Power Ltd Competitors by Market Cap
The table below lists competitors of Nishat Power Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CMDKF
PINK:CMDKF
|
$2.10K |
|
Egyptian Real Estate Group Bearer Shares
EGX:AREHA
|
$2.10K |
|
Bela Automotive Limited
KAR:BELA
|
$2.11K |
|
BC IRON (BC3.SG)
STU:BC3
|
$2.11K |
|
Altitude Group Plc
LSE:ALT
|
$2.09K |
|
Agalawatte Plantations PLC
CM:AGALN0000
|
$2.09K |
|
Orkim Berhad
KLSE:5348
|
$2.09K |
|
Distilleries Company of Sri Lanka PLC
CM:DISTN0000
|
$2.09K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nishat Power Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 28,093,560,000 to 29,883,014,000, a change of 1,789,454,000 (6.4%).
- Net income of 4,091,029,000 contributed positively to equity growth.
- Dividend payments of 2,299,481,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs4.09 Billion | +13.69% |
| Dividends Paid | PKRs2.30 Billion | -7.69% |
| Other Changes | PKRs-2.09 Million | -0.01% |
| Total Change | PKRs- | 6.37% |
Book Value vs Market Value Analysis
This analysis compares Nishat Power 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: 0.76x
- 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 1.63x to 0.76x 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 | PKRs39.25 | PKRs64.05 | x |
| 2018-06-30 | PKRs46.32 | PKRs64.05 | x |
| 2019-06-30 | PKRs53.96 | PKRs64.05 | x |
| 2020-06-30 | PKRs66.92 | PKRs64.05 | x |
| 2021-06-30 | PKRs73.46 | PKRs64.05 | x |
| 2022-06-30 | PKRs79.34 | PKRs64.05 | x |
| 2023-06-30 | PKRs84.39 | PKRs64.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nishat Power 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): 13.69%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.73%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.05x
- Recent ROE (13.69%) is below the historical average (17.50%), 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 | 23.27% | 20.52% | 0.66x | 1.72x | PKRs1.63 Billion |
| 2017 | 20.77% | 19.19% | 0.65x | 1.67x | PKRs1.50 Billion |
| 2018 | 19.58% | 18.97% | 0.63x | 1.64x | PKRs1.57 Billion |
| 2019 | 19.73% | 24.19% | 0.54x | 1.52x | PKRs1.86 Billion |
| 2020 | 20.86% | 42.11% | 0.40x | 1.24x | PKRs2.57 Billion |
| 2021 | 10.31% | 23.45% | 0.37x | 1.18x | PKRs80.11 Million |
| 2022 | 11.83% | 14.03% | 0.71x | 1.19x | PKRs513.25 Million |
| 2023 | 13.69% | 17.73% | 0.74x | 1.05x | PKRs1.10 Billion |
Industry Comparison
This section compares Nishat Power 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: $70,232,250,400
- Average return on equity (ROE) among peers: 17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nishat Power Ltd (NPL) | PKRs31.79 Billion | 23.27% | 0.10x | $2.10K |
| 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 |
| K-Electric Ltd (KEL) | $207.29 Billion | 5.94% | 1.29x | $252.34 |