Downing Four Generalist Shs plc
Downing FOUR VCT plc is a venture capital trust specializing in qualifying venture capital and non-qualifying structured products, secured loans and fixed income securities investments. Secured loans will be secured on assets held by the investee company.
Downing Four Generalist Shs plc (D4G) - Net Assets
Latest net assets as of March 2022: GBX60.88 Million GBX
Based on the latest financial reports, Downing Four Generalist Shs plc (D4G) has net assets worth GBX60.88 Million GBX as of March 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX61.84 Million) and total liabilities (GBX965.00K). 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 | GBX60.88 Million |
| % of Total Assets | 98.44% |
| Annual Growth Rate | 15.62% |
| 5-Year Change | 8.06% |
| 10-Year Change | 75.16% |
| Growth Volatility | 68.83 |
Downing Four Generalist Shs plc - Net Assets Trend (2010–2022)
This chart illustrates how Downing Four Generalist Shs 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 Downing Four Generalist Shs plc (2010–2022)
The table below shows the annual net assets of Downing Four Generalist Shs plc from 2010 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-03-31 | GBX60.88 Million | +26.70% |
| 2021-03-31 | GBX48.05 Million | +9.64% |
| 2020-03-31 | GBX43.83 Million | -24.64% |
| 2019-03-31 | GBX58.15 Million | +3.23% |
| 2018-03-31 | GBX56.34 Million | -5.18% |
| 2017-03-31 | GBX59.41 Million | +31.79% |
| 2016-03-31 | GBX45.08 Million | +73.96% |
| 2015-03-31 | GBX25.91 Million | -20.15% |
| 2014-03-31 | GBX32.45 Million | -6.62% |
| 2013-03-31 | GBX34.76 Million | +239.18% |
| 2012-03-31 | GBX10.25 Million | -2.49% |
| 2011-03-31 | GBX10.51 Million | -1.53% |
| 2010-03-31 | GBX10.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Downing Four Generalist Shs 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 grown by 15900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX113.00K | 0.19% |
| Other Components | GBX60.76 Million | 99.81% |
| Total Equity | GBX60.88 Million | 100.00% |
Downing Four Generalist Shs plc Competitors by Market Cap
The table below lists competitors of Downing Four Generalist Shs plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Skye Petroleum Inc
PINK:SKPO
|
$47.76 |
|
RCG HLDGS
BE:RL8
|
$47.96 |
|
BROCKMAN MINING
BE:WA2
|
$47.99 |
|
Chilco River Holdings Inc
PINK:CRVH
|
$48.06 |
|
Modern Mobility Aids
PINK:MDRM
|
$47.30 |
|
Biome Technologies Plc
LSE:BIOM
|
$47.05 |
|
iSun, Inc.
NASDAQ:ISUNQ
|
$47.00 |
|
China Power Equipment Inc
PINK:CPQQ
|
$46.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Downing Four Generalist Shs plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 48,049,000 to 60,877,000, a change of 12,828,000 (26.7%).
- Net income of 6,424,000 contributed positively to equity growth.
- Dividend payments of 2,453,000 reduced retained earnings.
- Share repurchases of 195,000 reduced equity.
- New share issuances of 9,512,000 increased equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX6.42 Million | +10.55% |
| Dividends Paid | GBX2.45 Million | -4.03% |
| Share Repurchases | GBX195.00K | -0.32% |
| Share Issuances | GBX9.51 Million | +15.62% |
| Other Changes | GBX-460.00K | -0.76% |
| Total Change | GBX- | 26.70% |
Book Value vs Market Value Analysis
This analysis compares Downing Four Generalist Shs 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: 58.54x
- 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 increased from 35.97x to 58.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | GBX1.18 | GBX42.50 | x |
| 2011-03-31 | GBX1.01 | GBX42.50 | x |
| 2012-03-31 | GBX0.99 | GBX42.50 | x |
| 2013-03-31 | GBX0.42 | GBX42.50 | x |
| 2014-03-31 | GBX0.39 | GBX42.50 | x |
| 2015-03-31 | GBX0.31 | GBX42.50 | x |
| 2016-03-31 | GBX0.28 | GBX42.50 | x |
| 2017-03-31 | GBX0.57 | GBX42.50 | x |
| 2018-03-31 | GBX0.42 | GBX42.50 | x |
| 2019-03-31 | GBX0.93 | GBX42.50 | x |
| 2020-03-31 | GBX0.56 | GBX42.50 | x |
| 2021-03-31 | GBX0.57 | GBX42.50 | x |
| 2022-03-31 | GBX0.73 | GBX42.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Downing Four Generalist Shs 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): 10.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 94.01%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.02x
- Recent ROE (10.55%) is above the historical average (-0.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -1.49% | 0.00% | 0.00x | 1.01x | GBX-1.23 Million |
| 2011 | 0.44% | 0.00% | 0.00x | 1.01x | GBX-1.00 Million |
| 2012 | 1.41% | 0.00% | 0.00x | 1.01x | GBX-880.70K |
| 2013 | 5.81% | 80.57% | 0.07x | 1.01x | GBX-1.46 Million |
| 2014 | 3.07% | 62.78% | 0.05x | 1.02x | GBX-2.25 Million |
| 2015 | 2.77% | 54.36% | 0.05x | 1.02x | GBX-1.87 Million |
| 2016 | 5.81% | 74.02% | 0.08x | 1.02x | GBX-1.89 Million |
| 2017 | 4.47% | 79.96% | 0.06x | 1.01x | GBX-3.28 Million |
| 2018 | -0.67% | -63.84% | 0.01x | 1.01x | GBX-6.01 Million |
| 2019 | -9.83% | 0.00% | -0.09x | 1.01x | GBX-11.53 Million |
| 2020 | -31.10% | 0.00% | -0.28x | 1.02x | GBX-18.01 Million |
| 2021 | 8.52% | 90.92% | 0.09x | 1.01x | GBX-708.90K |
| 2022 | 10.55% | 94.01% | 0.11x | 1.02x | GBX336.30K |
Industry Comparison
This section compares Downing Four Generalist Shs 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 |
|---|---|---|---|---|
| Downing Four Generalist Shs plc (D4G) | GBX60.88 Million | -1.49% | 0.02x | $47.73 |
| 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 |