DG Innovate PLC
DG Innovate Plc engages in the research and development of electric mobility and energy storage technology solutions in the United Kingdom. It offers electric drive technology platform, including Pareta that consists of a motor, high power inverter, and control electronics. The company also provides energy storage technology, such as hard carbon anode materials for use in sodium-ion batteries, as… Read more
DG Innovate PLC (DGI) - Net Assets
Latest net assets as of June 2024: GBX3.00 Million GBX
Based on the latest financial reports, DG Innovate PLC (DGI) has net assets worth GBX3.00 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX6.12 Million) and total liabilities (GBX3.12 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 | GBX3.00 Million |
| % of Total Assets | 49.07% |
| Annual Growth Rate | -6.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 150.48 |
DG Innovate PLC - Net Assets Trend (2013–2023)
This chart illustrates how DG Innovate 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 DG Innovate PLC (2013–2023)
The table below shows the annual net assets of DG Innovate PLC from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX4.38 Million | -18.76% |
| 2022-12-31 | GBX5.39 Million | +91.04% |
| 2021-12-31 | GBX2.82 Million | +231.57% |
| 2021-03-31 | GBX-2.14 Million | 0.00% |
| 2020-12-31 | GBX-2.14 Million | -12.58% |
| 2020-03-31 | GBX-1.91 Million | 0.00% |
| 2019-12-31 | GBX-1.91 Million | -143.54% |
| 2019-03-31 | GBX4.38 Million | +507.93% |
| 2018-12-31 | GBX-1.07 Million | -7730.36% |
| 2018-03-31 | GBX-13.70K | 0.00% |
| 2017-12-31 | GBX-13.70K | +98.90% |
| 2016-12-31 | GBX-1.25 Million | -387.38% |
| 2015-12-31 | GBX433.67K | -94.50% |
| 2014-12-31 | GBX7.88 Million | -7.71% |
| 2013-12-31 | GBX8.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DG Innovate 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 1430895800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX9.31 Million | 212.62% |
| Other Comprehensive Income | GBX-26.66 Million | -608.82% |
| Other Components | GBX32.00 Million | 730.61% |
| Total Equity | GBX4.38 Million | 100.00% |
DG Innovate PLC Competitors by Market Cap
The table below lists competitors of DG Innovate PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HYDROTEC GES.F.WASSERT
HM:HYW
|
$280.50 |
|
PRN
WAR:PRN
|
$280.75 |
|
PCI BIOTECH HLD
BE:4QG
|
$280.81 |
|
MEDIGENE N (MDG1.SG)
STU:MDG1
|
$280.86 |
|
IRPC PCL
STU:TPIG
|
$279.64 |
|
GSPTD
PINK:GSPTD
|
$279.30 |
|
Digital Asset Monetary Network Inc
PINK:DATI
|
$279.13 |
|
BANGKOK LAND -F-
MU:OLJ
|
$279.07 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DG Innovate PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,391,090 to 4,379,643, a change of -1,011,447 (-18.8%).
- Net loss of 3,775,945 reduced equity.
- New share issuances of 828,237 increased equity.
- Other comprehensive income decreased equity by 35,786,843.
- Other factors increased equity by 37,723,104.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.78 Million | -86.22% |
| Share Issuances | GBX828.24K | +18.91% |
| Other Comprehensive Income | GBX-35.79 Million | -817.12% |
| Other Changes | GBX37.72 Million | +861.33% |
| Total Change | GBX- | -18.76% |
Book Value vs Market Value Analysis
This analysis compares DG Innovate 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: 35.24x
- 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 0.77x to 35.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | GBX0.02 | GBX0.02 | x |
| 2016-12-31 | GBX-0.06 | GBX0.02 | x |
| 2017-12-31 | GBX0.00 | GBX0.02 | x |
| 2018-03-31 | GBX0.00 | GBX0.02 | x |
| 2018-12-31 | GBX-0.01 | GBX0.02 | x |
| 2019-03-31 | GBX0.00 | GBX0.02 | x |
| 2019-12-31 | GBX-0.01 | GBX0.02 | x |
| 2020-03-31 | GBX-0.01 | GBX0.02 | x |
| 2020-12-31 | GBX-0.01 | GBX0.02 | x |
| 2021-03-31 | GBX-0.01 | GBX0.02 | x |
| 2021-12-31 | GBX0.00 | GBX0.02 | x |
| 2022-12-31 | GBX0.00 | GBX0.02 | x |
| 2023-12-31 | GBX0.00 | GBX0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DG Innovate 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): -86.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12486.59%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.65x
- Recent ROE (-86.22%) is above the historical average (-158.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1802.67% | -7238506.48% | 0.00x | 2.68x | GBX-7.86 Million |
| 2016 | 0.00% | -23846087.50% | 0.00x | 0.00x | GBX-1.78 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-622.61K |
| 2018 | 0.00% | -461.44% | 0.80x | 0.00x | GBX-622.61K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-951.78K |
| 2019 | -9.68% | -106.77% | 0.08x | 1.19x | GBX-861.30K |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-127.13K |
| 2020 | 0.00% | -79.41% | 39.15x | 0.00x | GBX-127.13K |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | GBX-162.62K |
| 2021 | 0.00% | -132.49% | 608.19x | 0.00x | GBX-162.62K |
| 2021 | -22.85% | -2632.10% | 0.00x | 1.83x | GBX-927.07K |
| 2022 | -142.45% | -179427.85% | 0.00x | 1.22x | GBX-8.22 Million |
| 2023 | -86.22% | -12486.59% | 0.00x | 1.65x | GBX-4.21 Million |
Industry Comparison
This section compares DG Innovate PLC's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $29,180,571
- Average return on equity (ROE) among peers: 12.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DG Innovate PLC (DGI) | GBX3.00 Million | -1802.67% | 1.04x | $280.16 |
| Dewhurst plc (DWHA) | $21.56 Million | 17.56% | 0.84x | $7.39K |
| Dewhurst (DWHT) | $5.96 Million | 14.37% | 0.50x | $7.39K |
| Eenergy Group PLC (EAAS) | $-325.00K | 0.00% | 0.00x | $2.94K |
| LPA Group (LPA) | $5.56 Million | 5.72% | 0.27x | $651.11 |
| Luceco plc (LUCE) | $47.10 Million | 27.81% | 1.56x | $23.82K |
| Proton Power Systems PLC (PPS) | $-13.00 Million | 0.00% | 0.00x | $353.83 |
| XP Power Ltd (XPP) | $137.40 Million | 21.98% | 0.71x | $45.50K |