Schroders Capital Global Innovation Trust plc - INOV
Schroders Capital Global Innovation Trust plc - INOV specializes in investments in startups, midsize, middle market and large stage, early stage and mature stage investments. The fund primarily invests in the healthcare, financials, industrials, technology, consumer goods, telecommunications, basic materials, and biotechnology sector. It primarily invests in companies incorporated in the United K… Read more
Schroders Capital Global Innovation Trust plc - INOV (INOV) - Net Assets
Latest net assets as of December 2024: GBX162.44 Million GBX
Based on the latest financial reports, Schroders Capital Global Innovation Trust plc - INOV (INOV) has net assets worth GBX162.44 Million GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX163.34 Million) and total liabilities (GBX898.00K). 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 | GBX162.44 Million |
| % of Total Assets | 99.45% |
| Annual Growth Rate | -28.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10.37 |
Schroders Capital Global Innovation Trust plc - INOV - Net Assets Trend (2021–2024)
This chart illustrates how Schroders Capital Global Innovation Trust plc - INOV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Schroders Capital Global Innovation Trust plc - INOV (2021–2024)
The table below shows the annual net assets of Schroders Capital Global Innovation Trust plc - INOV from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX162.44 Million | -25.16% |
| 2023-12-31 | GBX217.06 Million | -15.84% |
| 2022-12-31 | GBX257.92 Million | -40.96% |
| 2021-12-31 | GBX436.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Schroders Capital Global Innovation Trust plc - INOV'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 |
|---|---|---|
| Other Components | GBX162.44 Million | 100.00% |
| Total Equity | GBX162.44 Million | 100.00% |
Schroders Capital Global Innovation Trust plc - INOV Competitors by Market Cap
The table below lists competitors of Schroders Capital Global Innovation Trust plc - INOV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
THOMAS WYATT NIGERIA PLC
XNSA:THOMASWY
|
$17.64 |
|
METAVISIO EO1
F:Y2Z
|
$17.76 |
|
Cgrowth Capital Inc
PINK:CGRA
|
$17.77 |
|
Aerius International Inc
PINK:AERS
|
$17.79 |
|
MASHONALAND HOLDINGS LIMITED
XZIM:MASH
|
$17.45 |
|
Tigere Real Estate Investment Trust
XZIM:TIG
|
$17.39 |
|
Oxford Technology 2 Venture Capital Trust PLC
LSE:OT1
|
$17.31 |
|
Tian'an Pharmaceutical Co Ltd
PINK:TNPH
|
$17.24 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Schroders Capital Global Innovation Trust plc - INOV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 217,064,000 to 162,445,000, a change of -54,619,000 (-25.2%).
- Net loss of 49,333,000 reduced equity.
- Share repurchases of 5,340,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-49.33 Million | -30.37% |
| Share Repurchases | GBX5.34 Million | -3.29% |
| Other Changes | GBX54.00K | +0.03% |
| Total Change | GBX- | -25.16% |
Book Value vs Market Value Analysis
This analysis compares Schroders Capital Global Innovation Trust plc - INOV'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: 73.71x
- 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 30.57x to 73.71x 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 | GBX0.48 | GBX14.70 | x |
| 2022-12-31 | GBX0.29 | GBX14.70 | x |
| 2023-12-31 | GBX0.25 | GBX14.70 | x |
| 2024-12-31 | GBX0.20 | GBX14.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Schroders Capital Global Innovation Trust plc - INOV 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): -30.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.29x
- • Equity Multiplier: 1.01x
- Recent ROE (-30.37%) is below the historical average (-21.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 27.19% | 98.80% | 0.26x | 1.05x | GBX75.11 Million |
| 2022 | -69.07% | 0.00% | -0.68x | 1.00x | GBX-203.93 Million |
| 2023 | -15.57% | 0.00% | -0.15x | 1.01x | GBX-55.50 Million |
| 2024 | -30.37% | 0.00% | -0.29x | 1.01x | GBX-65.58 Million |
Industry Comparison
This section compares Schroders Capital Global Innovation Trust plc - INOV'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 |
|---|---|---|---|---|
| Schroders Capital Global Innovation Trust plc - INOV (INOV) | GBX162.44 Million | 27.19% | 0.01x | $17.62 |
| 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 |