CQS Natural Resources Growth and Income plc
City Natural Resources High Yield Trust plc is a close ended balanced mutual fund launched and managed by CQS Asset Management Ltd. The fund invests in the public equity and fixed income markets across the globe. It invests in stocks of companies operating in the mining and resources sectors. For its fixed income portion, it primarily invests in mining, resource and industrial fixed interest secu… Read more
CQS Natural Resources Growth and Income plc (CYN) - Net Assets
Latest net assets as of June 2025: GBX136.38 Million GBX
Based on the latest financial reports, CQS Natural Resources Growth and Income plc (CYN) has net assets worth GBX136.38 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX146.08 Million) and total liabilities (GBX9.70 Million). 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 | GBX136.38 Million |
| % of Total Assets | 93.36% |
| Annual Growth Rate | 6.02% |
| 5-Year Change | 18.26% |
| 10-Year Change | 60.09% |
| Growth Volatility | 31.14 |
CQS Natural Resources Growth and Income plc - Net Assets Trend (2004–2025)
This chart illustrates how CQS Natural Resources Growth and Income 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 CQS Natural Resources Growth and Income plc (2004–2025)
The table below shows the annual net assets of CQS Natural Resources Growth and Income plc from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX136.38 Million | -1.58% |
| 2024-06-30 | GBX138.57 Million | +1.47% |
| 2023-06-30 | GBX136.56 Million | +1.10% |
| 2022-06-30 | GBX135.07 Million | +17.13% |
| 2021-06-30 | GBX115.32 Million | +74.79% |
| 2020-06-30 | GBX65.98 Million | -15.14% |
| 2019-06-30 | GBX77.75 Million | -18.35% |
| 2018-06-30 | GBX95.22 Million | +7.29% |
| 2017-06-30 | GBX88.75 Million | +4.18% |
| 2016-06-30 | GBX85.19 Million | +4.65% |
| 2015-06-30 | GBX81.40 Million | -23.88% |
| 2014-06-30 | GBX106.93 Million | -1.98% |
| 2013-06-30 | GBX109.09 Million | -33.46% |
| 2012-06-30 | GBX163.95 Million | -30.76% |
| 2011-06-30 | GBX236.79 Million | +56.70% |
| 2010-06-30 | GBX151.11 Million | +40.81% |
| 2009-06-30 | GBX107.32 Million | -26.06% |
| 2008-06-30 | GBX145.13 Million | +15.25% |
| 2007-06-30 | GBX125.93 Million | +67.28% |
| 2006-06-30 | GBX75.28 Million | +48.11% |
| 2005-06-30 | GBX50.83 Million | +27.16% |
| 2004-06-30 | GBX39.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CQS Natural Resources Growth and Income 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX16.72 Million | 12.26% |
| Other Comprehensive Income | GBX115.49 Million | 84.68% |
| Other Components | GBX4.17 Million | 3.06% |
| Total Equity | GBX136.38 Million | 100.00% |
CQS Natural Resources Growth and Income plc Competitors by Market Cap
The table below lists competitors of CQS Natural Resources Growth and Income plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Santa Rosa Resources Corp
V:STR-H
|
$450.78 |
|
Synrgy Corp
PINK:SNGY
|
$452.65 |
|
BERGER PAINTS PLC
XNSA:BERGER
|
$452.68 |
|
Roshan Packages Ltd
KAR:RPL
|
$452.76 |
|
Woodbois Ltd
LSE:WBI
|
$449.72 |
|
VR Factory Games SA
WAR:VRF
|
$449.69 |
|
Regenerx Biopharm In
OTCQB:RGRX
|
$449.00 |
|
Okmin Resources, Inc.
OTCQB:OKMN
|
$448.65 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CQS Natural Resources Growth and Income plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 138,566,000 to 136,376,000, a change of -2,190,000 (-1.6%).
- Net income of 5,730,000 contributed positively to equity growth.
- Dividend payments of 4,284,000 reduced retained earnings.
- Share repurchases of 3,752,000 reduced equity.
- Other comprehensive income increased equity by 27,179,000.
- Other factors decreased equity by 27,063,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX5.73 Million | +4.2% |
| Dividends Paid | GBX4.28 Million | -3.14% |
| Share Repurchases | GBX3.75 Million | -2.75% |
| Other Comprehensive Income | GBX27.18 Million | +19.93% |
| Other Changes | GBX-27.06 Million | -19.84% |
| Total Change | GBX- | -1.58% |
Book Value vs Market Value Analysis
This analysis compares CQS Natural Resources Growth and Income 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: 175.51x
- 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 450.83x to 175.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | GBX0.82 | GBX371.00 | x |
| 2005-06-30 | GBX0.81 | GBX371.00 | x |
| 2006-06-30 | GBX1.19 | GBX371.00 | x |
| 2007-06-30 | GBX1.96 | GBX371.00 | x |
| 2008-06-30 | GBX2.23 | GBX371.00 | x |
| 2009-06-30 | GBX1.71 | GBX371.00 | x |
| 2010-06-30 | GBX2.31 | GBX371.00 | x |
| 2011-06-30 | GBX3.54 | GBX371.00 | x |
| 2012-06-30 | GBX2.45 | GBX371.00 | x |
| 2013-06-30 | GBX1.63 | GBX371.00 | x |
| 2014-06-30 | GBX1.60 | GBX371.00 | x |
| 2015-06-30 | GBX1.22 | GBX371.00 | x |
| 2016-06-30 | GBX1.27 | GBX371.00 | x |
| 2017-06-30 | GBX1.33 | GBX371.00 | x |
| 2018-06-30 | GBX1.42 | GBX371.00 | x |
| 2019-06-30 | GBX1.16 | GBX371.00 | x |
| 2020-06-30 | GBX0.99 | GBX371.00 | x |
| 2021-06-30 | GBX1.72 | GBX371.00 | x |
| 2022-06-30 | GBX2.02 | GBX371.00 | x |
| 2023-06-30 | GBX2.04 | GBX371.00 | x |
| 2024-06-30 | GBX2.07 | GBX371.00 | x |
| 2025-06-30 | GBX2.11 | GBX371.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CQS Natural Resources Growth and Income 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): 4.20%
- 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: 1.07x
- Recent ROE (4.20%) is below the historical average (4.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 3.61% | 56.61% | 0.05x | 1.29x | GBX-2.55 Million |
| 2005 | 24.28% | 87.67% | 0.22x | 1.24x | GBX7.26 Million |
| 2006 | 34.15% | 92.15% | 0.30x | 1.25x | GBX18.18 Million |
| 2007 | 41.28% | 94.42% | 0.36x | 1.21x | GBX39.39 Million |
| 2008 | 14.31% | 84.41% | 0.14x | 1.21x | GBX6.25 Million |
| 2009 | -33.71% | 0.00% | -0.28x | 1.13x | GBX-46.91 Million |
| 2010 | 28.17% | 93.53% | 0.27x | 1.10x | GBX27.45 Million |
| 2011 | 37.29% | 95.99% | 0.36x | 1.08x | GBX64.62 Million |
| 2012 | -45.66% | 0.00% | -0.37x | 1.23x | GBX-91.25 Million |
| 2013 | -47.16% | 0.00% | -0.35x | 1.34x | GBX-62.36 Million |
| 2014 | 1.41% | 70.71% | 0.01x | 1.36x | GBX-9.18 Million |
| 2015 | -26.78% | 0.00% | -0.18x | 1.47x | GBX-29.94 Million |
| 2016 | 9.42% | 91.86% | 0.07x | 1.40x | GBX-490.70K |
| 2017 | 8.40% | 91.55% | 0.07x | 1.39x | GBX-1.42 Million |
| 2018 | 11.07% | 94.24% | 0.08x | 1.38x | GBX1.02 Million |
| 2019 | -16.96% | 0.00% | -0.14x | 1.15x | GBX-20.96 Million |
| 2020 | -12.16% | 0.00% | -0.10x | 1.19x | GBX-14.62 Million |
| 2021 | 46.04% | 667.10% | 0.06x | 1.15x | GBX41.56 Million |
| 2022 | 17.40% | 64.40% | 5.46x | 0.05x | GBX9.99 Million |
| 2023 | 3.83% | 82.37% | 0.04x | 1.12x | GBX-8.42 Million |
| 2024 | 6.59% | 68.67% | 0.09x | 1.13x | GBX-4.73 Million |
| 2025 | 4.20% | 0.00% | 0.00x | 1.07x | GBX-7.91 Million |
Industry Comparison
This section compares CQS Natural Resources Growth and Income plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CQS Natural Resources Growth and Income plc (CYN) | GBX136.38 Million | 3.61% | 0.07x | $449.82 |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |