Shell Pakistan Ltd
Shell Pakistan Ltd operates in Oil & Gas Exploration & Production.
Shell Pakistan Ltd (SHEL) - Net Assets
Latest net assets as of June 2024: PKRs21.19 Billion PKR
Based on the latest financial reports, Shell Pakistan Ltd (SHEL) has net assets worth PKRs21.19 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 (PKRs105.02 Billion) and total liabilities (PKRs83.83 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 | PKRs21.19 Billion |
| % of Total Assets | 20.18% |
| Annual Growth Rate | 8.56% |
| 5-Year Change | 359.95% |
| 10-Year Change | N/A |
| Growth Volatility | 45.9 |
Shell Pakistan Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Shell Pakistan 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 Shell Pakistan Ltd (2016–2023)
The table below shows the annual net assets of Shell Pakistan Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs19.74 Billion | +35.21% |
| 2022-12-31 | PKRs14.60 Billion | -4.73% |
| 2021-12-31 | PKRs15.32 Billion | +2452.95% |
| 2020-12-31 | PKRs-651.16 Million | -115.17% |
| 2019-12-31 | PKRs4.29 Billion | -32.46% |
| 2018-12-31 | PKRs6.35 Billion | -37.70% |
| 2017-12-31 | PKRs10.20 Billion | -8.21% |
| 2016-12-31 | PKRs11.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shell Pakistan 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 decreased by 30.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs5.77 Billion | 29.25% |
| Other Components | PKRs13.96 Billion | 70.75% |
| Total Equity | PKRs19.74 Billion | 100.00% |
Shell Pakistan Ltd Competitors by Market Cap
The table below lists competitors of Shell Pakistan Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chevron Lubricants Lanka PLC
CM:LLUBN0000
|
$6.14K |
|
Caspian Sunrise plc
LSE:CASP
|
$6.16K |
|
CSR CORP -H-
BE:C2L
|
$6.16K |
|
Fateh Industries Limited
KAR:FIL
|
$6.17K |
|
Yayyo Inc
PINK:YAYO
|
$6.13K |
|
Panther Securities P L C
LSE:PNS
|
$6.12K |
|
Iljin Display Co. Ltd.
KQ:020760
|
$6.12K |
|
Zanaga Iron Ore Co Ltd
LSE:ZIOC
|
$6.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shell Pakistan Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 14,597,095,000 to 19,736,990,000, a change of 5,139,895,000 (35.2%).
- Net income of 5,851,393,000 contributed positively to equity growth.
- Dividend payments of 278,983,000 reduced retained earnings.
- Other factors decreased equity by 432,515,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs5.85 Billion | +29.65% |
| Dividends Paid | PKRs278.98 Million | -1.41% |
| Other Changes | PKRs-432.51 Million | -2.19% |
| Total Change | PKRs- | 35.21% |
Book Value vs Market Value Analysis
This analysis compares Shell Pakistan 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: 2.01x
- 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 2.80x to 2.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | PKRs65.97 | PKRs185.01 | x |
| 2018-12-31 | PKRs41.10 | PKRs185.01 | x |
| 2019-12-31 | PKRs27.76 | PKRs185.01 | x |
| 2020-12-31 | PKRs-4.21 | PKRs185.01 | x |
| 2021-12-31 | PKRs71.59 | PKRs185.01 | x |
| 2022-12-31 | PKRs68.20 | PKRs185.01 | x |
| 2023-12-31 | PKRs92.22 | PKRs185.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shell Pakistan 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): 29.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.36%
- • Asset Turnover: 4.06x
- • Equity Multiplier: 5.39x
- Recent ROE (29.65%) is above the historical average (12.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 60.89% | 4.04% | 3.94x | 3.83x | PKRs5.65 Billion |
| 2017 | 31.21% | 1.88% | 4.34x | 3.81x | PKRs2.16 Billion |
| 2018 | -17.35% | -0.59% | 3.79x | 7.73x | PKRs-1.74 Billion |
| 2019 | -34.62% | -0.74% | 3.56x | 13.09x | PKRs-1.91 Billion |
| 2020 | 0.00% | -2.92% | 3.02x | 0.00x | PKRs-4.76 Billion |
| 2021 | 29.15% | 1.79% | 2.94x | 5.54x | PKRs2.93 Billion |
| 2022 | -0.50% | -0.02% | 4.06x | 6.97x | PKRs-1.53 Billion |
| 2023 | 29.65% | 1.36% | 4.06x | 5.39x | PKRs3.88 Billion |
Industry Comparison
This section compares Shell Pakistan Ltd's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $215,352,449,167
- Average return on equity (ROE) among peers: 18.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shell Pakistan Ltd (SHEL) | PKRs21.19 Billion | 60.89% | 3.96x | $6.13K |
| 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 |
| Pakistan Oilfields Ltd (POL) | $55.59 Billion | 48.15% | 1.22x | $20.13K |