Codex Acquisitions PLC
Codex Acquisitions plc does not have signification operations. It intends to identify assets or businesses in the clean and renewable energy sector. The company was incorporated in 2021 and is based in London, the United Kingdom.
Codex Acquisitions PLC (CODX) - Net Assets
Latest net assets as of June 2024: GBX448.00K GBX
Based on the latest financial reports, Codex Acquisitions PLC (CODX) has net assets worth GBX448.00K GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX480.46K) and total liabilities (GBX32.47K). 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 | GBX448.00K |
| % of Total Assets | 93.24% |
| Annual Growth Rate | 386.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1434.06 |
Codex Acquisitions PLC - Net Assets Trend (2021–2023)
This chart illustrates how Codex Acquisitions PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Codex Acquisitions PLC (2021–2023)
The table below shows the annual net assets of Codex Acquisitions PLC from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX531.84K | -8.71% |
| 2022-12-31 | GBX582.56K | +2859.42% |
| 2021-11-30 | GBX19.68K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Codex Acquisitions PLC'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 28784500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX850.00K | 159.82% |
| Total Equity | GBX531.84K | 100.00% |
Codex Acquisitions PLC Competitors by Market Cap
The table below lists competitors of Codex Acquisitions PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OK ZIMBABWE LIMITED
XZIM:OKZ
|
$1.73 |
|
Blue Diamond Ventures Inc
PINK:BLDV
|
$1.81 |
|
CTGX Mining Inc
PINK:CHCX
|
$1.81 |
|
Homestead Gold and Silver Ltd
PINK:SNLM
|
$1.81 |
|
GENERAL BELTINGS HOLDINGS LIMITED
XZIM:GBH
|
$1.49 |
|
AFROMEDIA PLC
XNSA:AFROMEDIA
|
$1.46 |
|
TURNALL HOLDINGS LIMITED
XZIM:TURN
|
$1.42 |
|
Philodrill Corp
PSE:OV
|
$1.39 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Codex Acquisitions PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 582,563 to 531,840, a change of -50,723 (-8.7%).
- Net loss of 50,723 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-50.72K | -9.54% |
| Total Change | GBX- | -8.71% |
Book Value vs Market Value Analysis
This analysis compares Codex Acquisitions PLC'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: 0.88x
- 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 1.40x to 0.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-11-30 | GBX0.04 | GBX0.06 | x |
| 2022-12-31 | GBX0.08 | GBX0.06 | x |
| 2023-12-31 | GBX0.06 | GBX0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Codex Acquisitions PLC 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): -9.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-9.54%) is above the historical average (-222.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -616.00% | 0.00% | 0.00x | 2.54x | GBX-123.23K |
| 2022 | -40.70% | 0.00% | 0.00x | 1.15x | GBX-295.38K |
| 2023 | -9.54% | 0.00% | 0.00x | 1.09x | GBX-103.91K |
Industry Comparison
This section compares Codex Acquisitions PLC's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $23,066,253,320
- Average return on equity (ROE) among peers: -51.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Codex Acquisitions PLC (CODX) | GBX448.00K | -616.00% | 0.07x | $1.67 |
| Amphion Innovations Plc (AMP) | $16.69 Million | -405.24% | 4.27x | $2.59K |
| China Yangtze Power Co. Ltd. GDR (CYPC) | $178.32 Billion | 14.75% | 0.86x | $403.53 Billion |
| Downing Renewables & Infrastructure Trust PLC (DORE) | $141.84 Million | 7.14% | 0.01x | $114.29 |
| Good Energy Group PLC (GOOD) | $38.99 Million | 23.67% | 1.98x | $11.01K |
| MAST Energy Developments PLC (MAST) | $657.19K | -36.21% | 3.41x | $584.36 |
| Atlantis Resources Ltd (SAE) | $21.38 Million | -26.09% | 0.41x | $2.42K |
| Renewables Infrastructure Grp (TRIG) | $2.19 Billion | 4.56% | 0.00x | $80.35 |
| Greencoat UK Wind PLC (UKW) | $3.79 Billion | 3.33% | 0.48x | $117.09 |