Oil and Gas Development Co Ltd
Oil and Gas Development Co Ltd operates in Oil & Gas Exploration & Production.
Oil and Gas Development Co Ltd (OGDC) - Net Assets
Latest net assets as of March 2024: PKRs1.22 Trillion PKR
Based on the latest financial reports, Oil and Gas Development Co Ltd (OGDC) has net assets worth PKRs1.22 Trillion PKR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs1.56 Trillion) and total liabilities (PKRs332.62 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 | PKRs1.22 Trillion |
| % of Total Assets | 78.63% |
| Annual Growth Rate | 12.38% |
| 5-Year Change | 73.16% |
| 10-Year Change | N/A |
| Growth Volatility | 5.2 |
Oil and Gas Development Co Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Oil and Gas Development Co 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 Oil and Gas Development Co Ltd (2016–2023)
The table below shows the annual net assets of Oil and Gas Development Co Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs1.08 Trillion | +23.70% |
| 2022-06-30 | PKRs875.39 Billion | +13.74% |
| 2021-06-30 | PKRs769.64 Billion | +11.73% |
| 2020-06-30 | PKRs688.86 Billion | +10.15% |
| 2019-06-30 | PKRs625.37 Billion | +13.59% |
| 2018-06-30 | PKRs550.56 Billion | +7.32% |
| 2017-06-30 | PKRs512.98 Billion | +7.18% |
| 2016-06-30 | PKRs478.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oil and Gas Development Co 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 135.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs1.00 Trillion | 92.51% |
| Other Components | PKRs81.12 Billion | 7.49% |
| Total Equity | PKRs1.08 Trillion | 100.00% |
Oil and Gas Development Co Ltd Competitors by Market Cap
The table below lists competitors of Oil and Gas Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
High Arctic Overseas Holdings Corp.
V:HOH
|
$9.00K |
|
Habib Bank Ltd
KAR:HBL
|
$9.01K |
|
Komo Plant Based Foods Inc
PINK:KOMOF
|
$9.01K |
|
SunVic Technology Co., Ltd.
TWO:4304
|
$9.04K |
|
Wavefront Technology Solutions Inc
PINK:WFTSF
|
$8.99K |
|
Pengana Private Equity Trust
AU:PE1
|
$8.99K |
|
SCIENT DIGIT IMAG
BE:SD0
|
$8.98K |
|
Future Generation Global Ltd
AU:FGG
|
$8.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oil and Gas Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 875,392,566,000 to 1,082,897,877,000, a change of 207,505,311,000 (23.7%).
- Net income of 224,617,797,000 contributed positively to equity growth.
- Dividend payments of 31,983,963,000 reduced retained earnings.
- Other factors increased equity by 14,871,477,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs224.62 Billion | +20.74% |
| Dividends Paid | PKRs31.98 Billion | -2.95% |
| Other Changes | PKRs14.87 Billion | +1.37% |
| Total Change | PKRs- | 23.70% |
Book Value vs Market Value Analysis
This analysis compares Oil and Gas Development Co 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: 1.04x
- 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 2.20x to 1.04x 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 | PKRs119.27 | PKRs262.64 | x |
| 2018-06-30 | PKRs128.01 | PKRs262.64 | x |
| 2019-06-30 | PKRs145.40 | PKRs262.64 | x |
| 2020-06-30 | PKRs160.16 | PKRs262.64 | x |
| 2021-06-30 | PKRs178.95 | PKRs262.64 | x |
| 2022-06-30 | PKRs203.54 | PKRs262.64 | x |
| 2023-06-30 | PKRs251.78 | PKRs262.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oil and Gas Development Co 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): 20.74%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 54.31%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.32x
- Recent ROE (20.74%) is above the historical average (15.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.53% | 36.82% | 0.28x | 1.23x | PKRs12.11 Billion |
| 2017 | 12.44% | 37.13% | 0.27x | 1.22x | PKRs12.50 Billion |
| 2018 | 14.30% | 38.35% | 0.31x | 1.21x | PKRs23.68 Billion |
| 2019 | 18.93% | 45.28% | 0.34x | 1.23x | PKRs55.85 Billion |
| 2020 | 14.53% | 40.87% | 0.28x | 1.25x | PKRs31.20 Billion |
| 2021 | 11.89% | 38.28% | 0.25x | 1.24x | PKRs14.57 Billion |
| 2022 | 15.28% | 39.88% | 0.30x | 1.29x | PKRs46.24 Billion |
| 2023 | 20.74% | 54.31% | 0.29x | 1.32x | PKRs116.33 Billion |
Industry Comparison
This section compares Oil and Gas Development Co Ltd's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $38,158,968,000
- Average return on equity (ROE) among peers: 19.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oil and Gas Development Co Ltd (OGDC) | PKRs1.22 Trillion | 12.53% | 0.27x | $8.99K |
| 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 |
| Mari Petroleum Company Ltd (MARI) | $63.61 Billion | 38.25% | 2.46x | $21.01K |
| National Refinery Ltd (NRL) | $29.84 Billion | -13.62% | 1.12x | $11.44K |
| 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 |