International Public Partnership
International Public Partnerships Limited specializes in investments in broader infrastructure sector with a focus on public or social infrastructure. The fund seeks acquisition opportunities that may be single assets, portfolios, shares in companies, or interest in partnerships. It also seeks to invest in private finance initiative and public private partnerships procurement model for public inf… Read more
International Public Partnership (INPP) - Net Assets
Latest net assets as of June 2025: GBX2.74 Billion GBX
Based on the latest financial reports, International Public Partnership (INPP) has net assets worth GBX2.74 Billion GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.76 Billion) and total liabilities (GBX11.11 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 | GBX2.74 Billion |
| % of Total Assets | 99.6% |
| Annual Growth Rate | 13.08% |
| 5-Year Change | 13.49% |
| 10-Year Change | 110.56% |
| Growth Volatility | 21.27 |
International Public Partnership - Net Assets Trend (2006–2024)
This chart illustrates how International Public Partnership's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for International Public Partnership (2006–2024)
The table below shows the annual net assets of International Public Partnership from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX2.72 Billion | -6.84% |
| 2023-12-31 | GBX2.92 Billion | -4.07% |
| 2022-12-31 | GBX3.04 Billion | +20.21% |
| 2021-12-31 | GBX2.53 Billion | +5.64% |
| 2020-12-31 | GBX2.39 Billion | -1.72% |
| 2019-12-31 | GBX2.44 Billion | +10.78% |
| 2018-12-31 | GBX2.20 Billion | +7.87% |
| 2017-12-31 | GBX2.04 Billion | +27.10% |
| 2016-12-31 | GBX1.60 Billion | +24.29% |
| 2015-12-31 | GBX1.29 Billion | +21.48% |
| 2014-12-31 | GBX1.06 Billion | +13.54% |
| 2013-12-31 | GBX935.39 Million | +79.75% |
| 2012-12-31 | GBX520.37 Million | +46.08% |
| 2011-12-31 | GBX356.23 Million | -14.49% |
| 2010-12-31 | GBX416.58 Million | +25.78% |
| 2009-12-31 | GBX331.20 Million | +8.53% |
| 2008-12-31 | GBX305.16 Million | +0.29% |
| 2007-12-31 | GBX304.27 Million | +2.32% |
| 2006-12-31 | GBX297.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to International Public Partnership'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 21310.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX346.00 Million | 12.74% |
| Common Stock | GBX2.23 Billion | 82.13% |
| Other Comprehensive Income | GBX139.35 Million | 5.13% |
| Other Components | GBX1.00 | 0.00% |
| Total Equity | GBX2.72 Billion | 100.00% |
International Public Partnership Competitors by Market Cap
The table below lists competitors of International Public Partnership ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Physiomics Plc
LSE:PYC
|
$147.57 |
|
WAHANA OTTOMITRA
MU:WB7
|
$148.01 |
|
Vaporbrands Intl Inc
PINK:VAPR
|
$148.27 |
|
Bankers Investment Trust
LSE:BNKR
|
$148.50 |
|
Futuris Company
PINK:FTRS
|
$147.15 |
|
E M L Consultants Ltd
CM:EMLN0000
|
$146.49 |
|
China Ivy School Inc
PINK:RGSG
|
$146.16 |
|
OVOCA GOLD
MU:OVXA
|
$145.40 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in International Public Partnership's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,916,138,000 to 2,716,624,000, a change of -199,514,000 (-6.8%).
- Net income of 465,000 contributed positively to equity growth.
- Dividend payments of 156,849,000 reduced retained earnings.
- Share repurchases of 42,889,000 reduced equity.
- Other comprehensive income decreased equity by 43,130,001.
- Other factors increased equity by 42,889,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX465.00K | +0.02% |
| Dividends Paid | GBX156.85 Million | -5.77% |
| Share Repurchases | GBX42.89 Million | -1.58% |
| Other Comprehensive Income | GBX-43.13 Million | -1.59% |
| Other Changes | GBX42.89 Million | +1.58% |
| Total Change | GBX- | -6.84% |
Book Value vs Market Value Analysis
This analysis compares International Public Partnership'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: 93.05x
- 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 671.86x to 93.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | GBX0.20 | GBX132.60 | x |
| 2007-12-31 | GBX0.20 | GBX132.60 | x |
| 2008-12-31 | GBX0.20 | GBX132.60 | x |
| 2009-12-31 | GBX0.22 | GBX132.60 | x |
| 2010-12-31 | GBX0.27 | GBX132.60 | x |
| 2011-12-31 | GBX0.24 | GBX132.60 | x |
| 2012-12-31 | GBX0.35 | GBX132.60 | x |
| 2013-12-31 | GBX0.62 | GBX132.60 | x |
| 2014-12-31 | GBX0.70 | GBX132.60 | x |
| 2015-12-31 | GBX0.86 | GBX132.60 | x |
| 2016-12-31 | GBX1.06 | GBX132.60 | x |
| 2017-12-31 | GBX1.35 | GBX132.60 | x |
| 2018-12-31 | GBX1.46 | GBX132.60 | x |
| 2019-12-31 | GBX1.61 | GBX132.60 | x |
| 2020-12-31 | GBX1.48 | GBX132.60 | x |
| 2021-12-31 | GBX1.52 | GBX132.60 | x |
| 2022-12-31 | GBX1.65 | GBX132.60 | x |
| 2023-12-31 | GBX1.53 | GBX132.60 | x |
| 2024-12-31 | GBX1.43 | GBX132.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently International Public Partnership 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): 0.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.25%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (0.02%) is below the historical average (5.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.54% | 52.05% | 0.01x | 1.92x | GBX-28.12 Million |
| 2007 | 5.13% | 11.89% | 0.13x | 3.20x | GBX-14.82 Million |
| 2008 | 3.32% | 4.45% | 0.10x | 7.16x | GBX-20.16 Million |
| 2009 | 2.80% | 1.51% | 0.24x | 7.81x | GBX-23.39 Million |
| 2010 | 3.54% | 2.99% | 0.18x | 6.66x | GBX-26.74 Million |
| 2011 | 4.67% | 5.42% | 0.10x | 8.97x | GBX-18.91 Million |
| 2012 | 13.37% | 86.30% | 0.02x | 6.86x | GBX17.69 Million |
| 2013 | 6.27% | 75.93% | 0.08x | 1.01x | GBX-34.91 Million |
| 2014 | 6.89% | 81.26% | 0.08x | 1.02x | GBX-33.00 Million |
| 2015 | 6.34% | 81.69% | 0.08x | 1.01x | GBX-47.16 Million |
| 2016 | 11.05% | 85.67% | 0.13x | 1.01x | GBX16.79 Million |
| 2017 | 5.22% | 76.17% | 0.07x | 1.01x | GBX-97.33 Million |
| 2018 | 6.29% | 98.84% | 0.06x | 1.00x | GBX-81.51 Million |
| 2019 | 5.70% | 98.90% | 0.06x | 1.02x | GBX-104.36 Million |
| 2020 | 2.55% | 96.37% | 0.03x | 1.02x | GBX-177.73 Million |
| 2021 | 5.11% | 98.01% | 0.05x | 1.07x | GBX-123.67 Million |
| 2022 | 10.75% | 99.14% | 0.11x | 1.01x | GBX22.91 Million |
| 2023 | 0.96% | 42.17% | 0.02x | 1.03x | GBX-263.75 Million |
| 2024 | 0.02% | 1.25% | 0.01x | 1.00x | GBX-271.20 Million |
Industry Comparison
This section compares International Public Partnership'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 |
|---|---|---|---|---|
| International Public Partnership (INPP) | GBX2.74 Billion | 0.54% | 0.00x | $147.35 |
| 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 |