Sui Northern Gas Pipelines Ltd
Sui Northern Gas Pipelines Ltd operates in Gas Utilities.
Sui Northern Gas Pipelines Ltd (SNGP) - Net Assets
Latest net assets as of September 2023: PKRs48.34 Billion PKR
Based on the latest financial reports, Sui Northern Gas Pipelines Ltd (SNGP) has net assets worth PKRs48.34 Billion PKR as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs1.79 Trillion) and total liabilities (PKRs1.74 Trillion). 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 | PKRs48.34 Billion |
| % of Total Assets | 2.71% |
| Annual Growth Rate | 43.18% |
| 5-Year Change | 116.64% |
| 10-Year Change | N/A |
| Growth Volatility | 58.84 |
Sui Northern Gas Pipelines Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Sui Northern Gas Pipelines 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 Sui Northern Gas Pipelines Ltd (2016–2023)
The table below shows the annual net assets of Sui Northern Gas Pipelines Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs45.59 Billion | +14.98% |
| 2022-06-30 | PKRs39.65 Billion | +15.86% |
| 2021-06-30 | PKRs34.22 Billion | +36.14% |
| 2020-06-30 | PKRs25.14 Billion | +19.46% |
| 2019-06-30 | PKRs21.04 Billion | +12.67% |
| 2018-06-30 | PKRs18.68 Billion | +76.27% |
| 2017-06-30 | PKRs10.60 Billion | +186.58% |
| 2016-06-30 | PKRs3.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sui Northern Gas Pipelines 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 4188826400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs34.64 Billion | 75.98% |
| Other Components | PKRs10.95 Billion | 24.02% |
| Total Equity | PKRs45.59 Billion | 100.00% |
Sui Northern Gas Pipelines Ltd Competitors by Market Cap
The table below lists competitors of Sui Northern Gas Pipelines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minh Hung Quang Tri JSC
VN:GMH
|
$3.25K |
|
Vallibel One PLC
CM:VONEN0000
|
$3.25K |
|
AFRIPRISE INVESTMENT PLC
DSE:AFRIPRISE
|
$3.25K |
|
Renovare Environmental Inc
PINK:RENO
|
$3.26K |
|
MST Investment JSC
VN:MST
|
$3.25K |
|
Mackenzie Mstr Un (MKZ-UN.TO
TO:MKZ-UN
|
$3.25K |
|
1 Year IJARA Sukuk
KAR:P01GIS091224
|
$3.25K |
|
MegaPixel Studio S.A.
WAR:MPS
|
$3.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sui Northern Gas Pipelines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 39,648,058,000 to 45,585,595,000, a change of 5,937,537,000 (15.0%).
- Net income of 10,563,704,000 contributed positively to equity growth.
- Dividend payments of 4,708,973,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs10.56 Billion | +23.17% |
| Dividends Paid | PKRs4.71 Billion | -10.33% |
| Other Changes | PKRs82.81 Million | +0.18% |
| Total Change | PKRs- | 14.98% |
Book Value vs Market Value Analysis
This analysis compares Sui Northern Gas Pipelines 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: 1.27x
- 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 5.47x to 1.27x 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 | PKRs16.71 | PKRs91.33 | x |
| 2018-06-30 | PKRs29.45 | PKRs91.33 | x |
| 2019-06-30 | PKRs33.18 | PKRs91.33 | x |
| 2020-06-30 | PKRs39.63 | PKRs91.33 | x |
| 2021-06-30 | PKRs53.96 | PKRs91.33 | x |
| 2022-06-30 | PKRs62.52 | PKRs91.33 | x |
| 2023-06-30 | PKRs71.88 | PKRs91.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sui Northern Gas Pipelines 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): 23.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 36.96x
- Recent ROE (23.17%) is below the historical average (35.39%), 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 | 3.35% | 0.05% | 1.00x | 68.08x | PKRs-245.72 Million |
| 2017 | 81.30% | 2.49% | 1.07x | 30.60x | PKRs7.55 Billion |
| 2018 | 59.55% | 2.21% | 1.09x | 24.69x | PKRs9.25 Billion |
| 2019 | 33.63% | 0.94% | 1.20x | 29.91x | PKRs4.97 Billion |
| 2020 | 23.86% | 0.81% | 0.93x | 31.87x | PKRs3.48 Billion |
| 2021 | 32.10% | 1.45% | 0.83x | 26.83x | PKRs7.56 Billion |
| 2022 | 26.15% | 0.80% | 1.02x | 31.98x | PKRs6.40 Billion |
| 2023 | 23.17% | 0.72% | 0.87x | 36.96x | PKRs6.01 Billion |
Industry Comparison
This section compares Sui Northern Gas Pipelines Ltd's net assets metrics with peer companies in the Natural Gas Utilities industry.
Industry Context
- Industry: Natural Gas Utilities
- Average net assets among peers: $-3,574,448,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sui Northern Gas Pipelines Ltd (SNGP) | PKRs48.34 Billion | 3.35% | 35.96x | $3.25K |
| Sui Southern Gas Co Ltd (SSGC) | $-3.57 Billion | 0.00% | 0.00x | $730.39 |