Downing Renewables & Infrastructure Trust PLC
Downing Renewables & Infrastructure Trust PLC focuses on investing in a portfolio of renewable energy generating assets in the United Kingdom, Ireland, and Northern Europe. Its portfolio of assets cover wind, solar, hydro, geothermal, and other infrastructure assets. The company was formerly known as DR&I Trust PLC and changed its name to Downing Renewables & Infrastructure Trust PLC on October 2… Read more
Downing Renewables & Infrastructure Trust PLC (DORE) - Net Assets
Latest net assets as of June 2025: GBX188.89 Million GBX
Based on the latest financial reports, Downing Renewables & Infrastructure Trust PLC (DORE) has net assets worth GBX188.89 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 (GBX190.68 Million) and total liabilities (GBX1.79 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 | GBX188.89 Million |
| % of Total Assets | 99.06% |
| Annual Growth Rate | 12.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 27.72 |
Downing Renewables & Infrastructure Trust PLC - Net Assets Trend (2021–2024)
This chart illustrates how Downing Renewables & Infrastructure Trust 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 Renewables & Infrastructure Trust PLC (2021–2024)
The table below shows the annual net assets of Downing Renewables & Infrastructure Trust PLC from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX199.93 Million | -5.72% |
| 2023-12-31 | GBX212.06 Million | -3.12% |
| 2022-12-31 | GBX218.90 Million | +54.33% |
| 2021-12-31 | GBX141.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Downing Renewables & Infrastructure Trust 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 (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.85 Million | 0.92% |
| Other Components | GBX198.08 Million | 99.08% |
| Total Equity | GBX199.93 Million | 100.00% |
Downing Renewables & Infrastructure Trust PLC Competitors by Market Cap
The table below lists competitors of Downing Renewables & Infrastructure Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WINTERMAR OFS (W6O.SG)
STU:W6O
|
$115.88 |
|
Achilles Investment Company Limited
LSE:AIC
|
$116.01 |
|
Greencoat UK Wind PLC
LSE:UKW
|
$116.18 |
|
Upson International Corp.
PSE:UPSON
|
$116.23 |
|
SHORE GOLD (GOC.SG)
STU:GOC
|
$115.81 |
|
Hikkaduwa Beach Resort Ltd
CM:CITHN0000
|
$114.79 |
|
Dynamite Blockchain Corp.
F:EVB
|
$114.74 |
|
Pixel Crow Games SA
WAR:PIX
|
$114.47 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Downing Renewables & Infrastructure Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 212,062,000 to 199,929,000, a change of -12,133,000 (-5.7%).
- Net income of 4,973,000 contributed positively to equity growth.
- Dividend payments of 9,999,000 reduced retained earnings.
- Share repurchases of 7,107,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX4.97 Million | +2.49% |
| Dividends Paid | GBX10.00 Million | -5.0% |
| Share Repurchases | GBX7.11 Million | -3.55% |
| Total Change | GBX- | -5.72% |
Book Value vs Market Value Analysis
This analysis compares Downing Renewables & Infrastructure Trust 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: 93.62x
- 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 77.50x to 93.62x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | GBX1.32 | GBX102.00 | x |
| 2022-12-31 | GBX1.36 | GBX102.00 | x |
| 2023-12-31 | GBX1.16 | GBX102.00 | x |
| 2024-12-31 | GBX1.09 | GBX102.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Downing Renewables & Infrastructure Trust 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): 2.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 97.45%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.00x
- Recent ROE (2.49%) is below the historical average (7.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 7.14% | 93.18% | 0.08x | 1.01x | GBX-4.05 Million |
| 2022 | 15.16% | 97.94% | 0.15x | 1.01x | GBX11.31 Million |
| 2023 | 3.27% | 98.10% | 0.03x | 1.01x | GBX-14.28 Million |
| 2024 | 2.49% | 97.45% | 0.03x | 1.00x | GBX-15.02 Million |
Industry Comparison
This section compares Downing Renewables & Infrastructure Trust PLC's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $23,048,525,655
- Average return on equity (ROE) among peers: -129.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Downing Renewables & Infrastructure Trust PLC (DORE) | GBX188.89 Million | 7.14% | 0.01x | $115.86 |
| Amphion Innovations Plc (AMP) | $16.69 Million | -405.24% | 4.27x | $2.59K |
| Codex Acquisitions PLC (CODX) | $19.68K | -616.00% | 1.54x | $1.67 |
| China Yangtze Power Co. Ltd. GDR (CYPC) | $178.32 Billion | 14.75% | 0.86x | $403.53 Billion |
| 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 | $81.85 |
| Greencoat UK Wind PLC (UKW) | $3.79 Billion | 3.33% | 0.48x | $116.18 |