Conduit Holdings Ltd (CRE) - Net Assets
Based on the latest financial reports, Conduit Holdings Ltd (CRE) has net assets worth GBX1.01 Billion GBX as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.09 Billion) and total liabilities (GBX1.08 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 | GBX1.01 Billion |
| % of Total Assets | 48.18% |
| Annual Growth Rate | -0.1% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.39 |
Conduit Holdings Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Conduit Holdings 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 Conduit Holdings Ltd (2020–2024)
The table below shows the annual net assets of Conduit Holdings Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX1.05 Billion | +6.46% |
| 2023-12-31 | GBX987.40 Million | +21.24% |
| 2022-12-31 | GBX814.40 Million | -17.00% |
| 2021-12-31 | GBX981.20 Million | -7.02% |
| 2020-12-31 | GBX1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Conduit Holdings 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 2971700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX25.10 Million | 2.39% |
| Common Stock | GBX1.70 Million | 0.16% |
| Other Comprehensive Income | GBX1.06 Billion | 101.31% |
| Total Equity | GBX1.05 Billion | 100.00% |
Conduit Holdings Ltd Competitors by Market Cap
The table below lists competitors of Conduit Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gulf & Pacific Equities Corp
V:GUF
|
$8.05 Million |
|
Thai Ha Public Company Limited
BK:KASET
|
$8.06 Million |
|
DGA Spólka Akcyjna
WAR:DGA
|
$8.06 Million |
|
Gladiator Resources Ltd
AU:GLA
|
$8.06 Million |
|
PT Rohartindo Nusantara Luas T
JK:TOOL
|
$8.05 Million |
|
Amesite Operating Co
NASDAQ:AMST
|
$8.05 Million |
|
Korporacja Gospodarcza efekt S.A
WAR:EFK
|
$8.04 Million |
|
CSP Steel Center Public Company Limited
BK:CSP
|
$8.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Conduit Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 987,400,000 to 1,051,200,000, a change of 63,800,000 (6.5%).
- Net income of 125,600,000 contributed positively to equity growth.
- Dividend payments of 59,500,000 reduced retained earnings.
- Share repurchases of 9,400,000 reduced equity.
- Other comprehensive income increased equity by 1,065,000,000.
- Other factors decreased equity by 1,057,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX125.60 Million | +11.95% |
| Dividends Paid | GBX59.50 Million | -5.66% |
| Share Repurchases | GBX9.40 Million | -0.89% |
| Other Comprehensive Income | GBX1.06 Billion | +101.31% |
| Other Changes | GBX-1.06 Billion | -100.64% |
| Total Change | GBX- | 6.46% |
Book Value vs Market Value Analysis
This analysis compares Conduit Holdings 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: 65.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 67.73x to 65.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | GBX6.37 | GBX431.50 | x |
| 2021-12-31 | GBX5.94 | GBX431.50 | x |
| 2022-12-31 | GBX4.93 | GBX431.50 | x |
| 2023-12-31 | GBX6.17 | GBX431.50 | x |
| 2024-12-31 | GBX6.61 | GBX431.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Conduit Holdings 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): 11.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.83%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.81x
- Recent ROE (11.95%) is above the historical average (3.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.44% | -2300.00% | 0.00x | 1.00x | GBX-109.88 Million |
| 2021 | -4.28% | -22.04% | 0.14x | 1.36x | GBX-140.12 Million |
| 2022 | -11.11% | -23.06% | 0.25x | 1.93x | GBX-171.94 Million |
| 2023 | 19.32% | 30.14% | 0.42x | 1.52x | GBX92.06 Million |
| 2024 | 11.95% | 16.83% | 0.39x | 1.81x | GBX20.48 Million |
Industry Comparison
This section compares Conduit Holdings Ltd's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $676,842,879
- Average return on equity (ROE) among peers: -37.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Conduit Holdings Ltd (CRE) | GBX1.01 Billion | -0.44% | 1.08x | $8.05 Million |
| Malibu Life Holdings Limited (MLHL) | $676.84 Million | -37.48% | 0.22x | $1.53K |
About Conduit Holdings Ltd
Conduit Holdings Limited, through its subsidiary, provides reinsurance products and services worldwide. It operates in three divisions: Property, Casualty, and Specialty. The company offers property catastrophe and non-catastrophe reinsurance products; and directors and officers, financial institutions, general, professional, and transactional liability, as well as medical malpractice reinsurance… Read more