Pakistan Oilfields Ltd
Pakistan Oilfields Ltd operates in Oil & Gas Exploration & Production.
Pakistan Oilfields Ltd (POL) - Net Assets
Latest net assets as of June 2024: PKRs86.85 Billion PKR
Based on the latest financial reports, Pakistan Oilfields Ltd (POL) has net assets worth PKRs86.85 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 (PKRs180.99 Billion) and total liabilities (PKRs94.14 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 | PKRs86.85 Billion |
| % of Total Assets | 47.99% |
| Annual Growth Rate | 12.13% |
| 5-Year Change | 106.88% |
| 10-Year Change | N/A |
| Growth Volatility | 11.47 |
Pakistan Oilfields Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Pakistan Oilfields 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 Pakistan Oilfields Ltd (2016–2024)
The table below shows the annual net assets of Pakistan Oilfields Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | PKRs86.85 Billion | +18.74% |
| 2023-06-30 | PKRs73.14 Billion | +31.58% |
| 2022-06-30 | PKRs55.59 Billion | +29.04% |
| 2021-06-30 | PKRs43.08 Billion | +2.61% |
| 2020-06-30 | PKRs41.98 Billion | +0.91% |
| 2019-06-30 | PKRs41.60 Billion | +4.27% |
| 2018-06-30 | PKRs39.90 Billion | +4.09% |
| 2017-06-30 | PKRs38.33 Billion | +10.27% |
| 2016-06-30 | PKRs34.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pakistan Oilfields 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 187.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs74.54 Billion | 85.93% |
| Other Components | PKRs12.20 Billion | 14.07% |
| Total Equity | PKRs86.74 Billion | 100.00% |
Pakistan Oilfields Ltd Competitors by Market Cap
The table below lists competitors of Pakistan Oilfields Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Automatyka Pomiary Sterowanie SA
WAR:APS
|
$20.13K |
|
STHREE
BE:S8T
|
$20.13K |
|
ASANKO GOLD
BE:B7U
|
$20.14K |
|
Optec International Inc
PINK:OPTI
|
$20.14K |
|
Senkadagala Finance PLC
CM:SFCLN0000
|
$20.13K |
|
Supreme PLC
LSE:SUP
|
$20.13K |
|
Ingra d.d.
ZSE:INGR
|
$20.12K |
|
THE UNION SUGAR ESTATES CO. LTD
SEM:UNSE
|
$20.12K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pakistan Oilfields Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 73,021,592,000 to 86,737,318,000, a change of 13,715,726,000 (18.8%).
- Net income of 37,600,051,000 contributed positively to equity growth.
- Dividend payments of 33,568,931,000 reduced retained earnings.
- Other factors increased equity by 9,684,606,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs37.60 Billion | +43.35% |
| Dividends Paid | PKRs33.57 Billion | -38.7% |
| Other Changes | PKRs9.68 Billion | +11.17% |
| Total Change | PKRs- | 18.78% |
Book Value vs Market Value Analysis
This analysis compares Pakistan Oilfields 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: 2.02x
- 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 4.20x to 2.02x 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 | PKRs147.24 | PKRs618.71 | x |
| 2018-06-30 | PKRs140.13 | PKRs618.71 | x |
| 2019-06-30 | PKRs146.15 | PKRs618.71 | x |
| 2020-06-30 | PKRs147.45 | PKRs618.71 | x |
| 2021-06-30 | PKRs162.93 | PKRs618.71 | x |
| 2022-06-30 | PKRs195.43 | PKRs618.71 | x |
| 2023-06-30 | PKRs257.25 | PKRs618.71 | x |
| 2024-06-30 | PKRs305.57 | PKRs618.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pakistan Oilfields 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): 43.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 56.34%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.09x
- Recent ROE (43.35%) is above the historical average (37.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 29.11% | 39.89% | 0.42x | 1.75x | PKRs6.62 Billion |
| 2017 | 31.08% | 43.01% | 0.42x | 1.72x | PKRs8.06 Billion |
| 2018 | 29.36% | 35.23% | 0.42x | 1.97x | PKRs7.70 Billion |
| 2019 | 32.00% | 29.82% | 0.52x | 2.06x | PKRs9.13 Billion |
| 2020 | 34.74% | 37.18% | 0.42x | 2.23x | PKRs10.36 Billion |
| 2021 | 35.84% | 41.78% | 0.37x | 2.29x | PKRs11.10 Billion |
| 2022 | 48.24% | 50.26% | 0.43x | 2.22x | PKRs21.22 Billion |
| 2023 | 51.04% | 59.69% | 0.38x | 2.27x | PKRs29.97 Billion |
| 2024 | 43.35% | 56.34% | 0.37x | 2.09x | PKRs28.93 Billion |
Industry Comparison
This section compares Pakistan Oilfields Ltd's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $209,377,268,167
- Average return on equity (ROE) among peers: 15.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pakistan Oilfields Ltd (POL) | PKRs86.85 Billion | 29.11% | 1.08x | $20.13K |
| 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 |
| Oil and Gas Development Co Ltd (OGDC) | $1.08 Trillion | 20.74% | 0.32x | $8.99K |
| Shell Pakistan Ltd (SHEL) | $19.74 Billion | 29.65% | 4.39x | $6.13K |