Jersey Electricity plc (JEL) - Net Assets
Based on the latest financial reports, Jersey Electricity plc (JEL) has net assets worth GBX251.60 Million GBX (≈ $30.61K USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX377.22 Million ≈ $45.90K USD) and total liabilities (GBX125.62 Million ≈ $15.28K USD). 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. Check Jersey Electricity plc (JEL) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX251.60 Million |
| % of Total Assets | 66.7% |
| Annual Growth Rate | 3.86% |
| 5-Year Change | 18.95% |
| 10-Year Change | 65.82% |
| Growth Volatility | 4.57 |
Jersey Electricity plc - Net Assets Trend (1992–2024)
This chart illustrates how Jersey Electricity plc's net assets have evolved over time, based on quarterly financial data. Also explore Jersey Electricity plc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Jersey Electricity plc (1992–2024)
The table below shows the annual net assets of Jersey Electricity plc from 1992 to 2024. For live valuation and market cap data, see market cap of Jersey Electricity plc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | GBX244.96 Million ≈ $29.80K |
+1.41% |
| 2023-09-30 | GBX241.54 Million ≈ $29.39K |
+0.91% |
| 2022-09-30 | GBX239.37 Million ≈ $29.12K |
+6.18% |
| 2021-09-30 | GBX225.44 Million ≈ $27.43K |
+9.47% |
| 2020-09-30 | GBX205.94 Million ≈ $25.06K |
+3.20% |
| 2019-09-30 | GBX199.54 Million ≈ $24.28K |
+5.73% |
| 2018-09-30 | GBX188.73 Million ≈ $22.96K |
+7.07% |
| 2017-09-30 | GBX176.26 Million ≈ $21.45K |
+7.41% |
| 2016-09-30 | GBX164.11 Million ≈ $19.97K |
+11.09% |
| 2015-09-30 | GBX147.73 Million ≈ $17.97K |
+1.09% |
| 2014-09-30 | GBX146.14 Million ≈ $17.78K |
-1.81% |
| 2013-09-30 | GBX148.83 Million ≈ $18.11K |
+9.27% |
| 2012-09-30 | GBX136.21 Million ≈ $16.57K |
-3.30% |
| 2011-09-30 | GBX140.86 Million ≈ $17.14K |
-0.60% |
| 2010-09-30 | GBX141.71 Million ≈ $17.24K |
+9.56% |
| 2009-09-30 | GBX129.35 Million ≈ $15.74K |
-4.20% |
| 2008-09-30 | GBX135.02 Million ≈ $16.43K |
+4.74% |
| 2007-09-30 | GBX128.91 Million ≈ $15.68K |
+11.38% |
| 2006-09-30 | GBX115.74 Million ≈ $14.08K |
-4.54% |
| 2005-09-30 | GBX121.24 Million ≈ $14.75K |
+5.65% |
| 2004-09-30 | GBX114.76 Million ≈ $13.96K |
+2.01% |
| 2003-09-30 | GBX112.50 Million ≈ $13.69K |
+3.94% |
| 2002-09-30 | GBX108.23 Million ≈ $13.17K |
+0.22% |
| 2001-09-30 | GBX107.99 Million ≈ $13.14K |
+7.29% |
| 2000-09-30 | GBX100.66 Million ≈ $12.25K |
-5.89% |
| 1999-09-30 | GBX106.96 Million ≈ $13.01K |
+5.94% |
| 1998-09-30 | GBX100.96 Million ≈ $12.28K |
+4.80% |
| 1997-09-30 | GBX96.34 Million ≈ $11.72K |
+8.68% |
| 1996-09-30 | GBX88.64 Million ≈ $10.79K |
+4.13% |
| 1995-09-30 | GBX85.13 Million ≈ $10.36K |
+4.31% |
| 1994-09-30 | GBX81.61 Million ≈ $9.93K |
+3.55% |
| 1993-09-30 | GBX78.81 Million ≈ $9.59K |
+8.03% |
| 1992-09-30 | GBX72.96 Million ≈ $8.88K |
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Equity Component Analysis
This analysis shows how different components contribute to Jersey Electricity 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 85499.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX241.39 Million | 98.56% |
| Common Stock | GBX1.53 Million | 0.63% |
| Other Comprehensive Income | GBX2.03 Million | 0.83% |
| Total Equity | GBX244.92 Million | 100.00% |
Jersey Electricity plc Competitors by Market Cap
The table below lists competitors of Jersey Electricity plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tian Ruixiang Holdings Ltd
NASDAQ:TIRX
|
$637.69K |
|
LED iBond International AS
CO:LEDIBOND
|
$641.44K |
|
GROUNDED PEOPLE APPAREL
F:K1G
|
$642.43K |
|
Caspian Sunrise plc
LSE:CASP
|
$644.48K |
|
R.E.A. Holdings plc
LSE:RE
|
$637.29K |
|
Midsona AB (publ)
ST:MSON-A
|
$633.92K |
|
Creo Medical Group PLC
LSE:CREO
|
$633.60K |
|
CERo Therapeutics Holdings, Inc. Common Stock
NASDAQ:CERO
|
$628.86K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jersey Electricity plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 241,412,000 to 244,917,000, a change of 3,505,000 (1.5%).
- Net income of 11,618,000 contributed positively to equity growth.
- Dividend payments of 6,067,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,751,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX11.62 Million | +4.74% |
| Dividends Paid | GBX6.07 Million | -2.48% |
| Other Comprehensive Income | GBX-2.75 Million | -1.12% |
| Other Changes | GBX705.00K | +0.29% |
| Total Change | GBX- | 1.45% |
Book Value vs Market Value Analysis
This analysis compares Jersey Electricity 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: 56.30x
- 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 189.59x to 56.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-09-30 | GBX2.37 | GBX450.00 | x |
| 1993-09-30 | GBX2.56 | GBX450.00 | x |
| 1994-09-30 | GBX2.66 | GBX450.00 | x |
| 1995-09-30 | GBX2.77 | GBX450.00 | x |
| 1996-09-30 | GBX2.89 | GBX450.00 | x |
| 1997-09-30 | GBX3.14 | GBX450.00 | x |
| 1998-09-30 | GBX3.29 | GBX450.00 | x |
| 1999-09-30 | GBX3.47 | GBX450.00 | x |
| 2000-09-30 | GBX3.28 | GBX450.00 | x |
| 2001-09-30 | GBX3.51 | GBX450.00 | x |
| 2002-09-30 | GBX3.52 | GBX450.00 | x |
| 2003-09-30 | GBX3.66 | GBX450.00 | x |
| 2004-09-30 | GBX3.74 | GBX450.00 | x |
| 2005-09-30 | GBX3.96 | GBX450.00 | x |
| 2006-09-30 | GBX3.78 | GBX450.00 | x |
| 2007-09-30 | GBX4.20 | GBX450.00 | x |
| 2008-09-30 | GBX4.41 | GBX450.00 | x |
| 2009-09-30 | GBX4.22 | GBX450.00 | x |
| 2010-09-30 | GBX4.62 | GBX450.00 | x |
| 2011-09-30 | GBX4.60 | GBX450.00 | x |
| 2012-09-30 | GBX4.44 | GBX450.00 | x |
| 2013-09-30 | GBX4.86 | GBX450.00 | x |
| 2014-09-30 | GBX4.77 | GBX450.00 | x |
| 2015-09-30 | GBX4.82 | GBX450.00 | x |
| 2016-09-30 | GBX5.35 | GBX450.00 | x |
| 2017-09-30 | GBX5.75 | GBX450.00 | x |
| 2018-09-30 | GBX6.16 | GBX450.00 | x |
| 2019-09-30 | GBX6.51 | GBX450.00 | x |
| 2020-09-30 | GBX6.72 | GBX450.00 | x |
| 2021-09-30 | GBX7.35 | GBX450.00 | x |
| 2022-09-30 | GBX7.81 | GBX450.00 | x |
| 2023-09-30 | GBX7.88 | GBX450.00 | x |
| 2024-09-30 | GBX7.99 | GBX450.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jersey Electricity 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): 4.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.56%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.50x
- Recent ROE (4.74%) is below the historical average (5.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 8.81% | 17.35% | 0.43x | 1.17x | GBX-866.40K |
| 1993 | 7.04% | 14.70% | 0.43x | 1.12x | GBX-2.32 Million |
| 1994 | 5.84% | 12.09% | 0.44x | 1.10x | GBX-3.38 Million |
| 1995 | 3.85% | 8.27% | 0.42x | 1.10x | GBX-5.22 Million |
| 1996 | 4.57% | 9.38% | 0.44x | 1.11x | GBX-4.80 Million |
| 1997 | 4.47% | 9.26% | 0.43x | 1.11x | GBX-5.31 Million |
| 1998 | 4.94% | 10.00% | 0.44x | 1.12x | GBX-5.09 Million |
| 1999 | 5.41% | 11.34% | 0.42x | 1.12x | GBX-4.88 Million |
| 2000 | 2.66% | 4.82% | 0.44x | 1.26x | GBX-7.37 Million |
| 2001 | 2.26% | 4.03% | 0.43x | 1.29x | GBX-8.34 Million |
| 2002 | 0.69% | 1.24% | 0.46x | 1.23x | GBX-10.04 Million |
| 2003 | 3.01% | 5.69% | 0.40x | 1.33x | GBX-7.85 Million |
| 2004 | 3.21% | 6.47% | 0.38x | 1.30x | GBX-7.79 Million |
| 2005 | 4.63% | 9.99% | 0.36x | 1.30x | GBX-6.51 Million |
| 2006 | 5.14% | 9.06% | 0.43x | 1.33x | GBX-5.63 Million |
| 2007 | 5.88% | 9.98% | 0.45x | 1.31x | GBX-5.31 Million |
| 2008 | 7.46% | 12.25% | 0.47x | 1.29x | GBX-3.43 Million |
| 2009 | 5.57% | 7.70% | 0.54x | 1.35x | GBX-5.73 Million |
| 2010 | 8.69% | 12.45% | 0.53x | 1.31x | GBX-1.85 Million |
| 2011 | 6.10% | 8.55% | 0.52x | 1.36x | GBX-5.49 Million |
| 2012 | 2.82% | 3.96% | 0.50x | 1.42x | GBX-9.77 Million |
| 2013 | 3.37% | 4.91% | 0.49x | 1.39x | GBX-9.86 Million |
| 2014 | 3.38% | 5.01% | 0.41x | 1.64x | GBX-9.68 Million |
| 2015 | 7.26% | 10.67% | 0.41x | 1.65x | GBX-4.05 Million |
| 2016 | 7.04% | 11.17% | 0.39x | 1.61x | GBX-4.86 Million |
| 2017 | 6.01% | 10.36% | 0.38x | 1.54x | GBX-7.02 Million |
| 2018 | 6.42% | 11.44% | 0.37x | 1.50x | GBX-6.75 Million |
| 2019 | 5.90% | 10.67% | 0.37x | 1.50x | GBX-8.18 Million |
| 2020 | 5.65% | 10.40% | 0.36x | 1.51x | GBX-8.96 Million |
| 2021 | 7.17% | 13.62% | 0.35x | 1.49x | GBX-6.37 Million |
| 2022 | 3.48% | 7.09% | 0.33x | 1.48x | GBX-15.60 Million |
| 2023 | 4.67% | 9.02% | 0.35x | 1.48x | GBX-12.86 Million |
| 2024 | 4.74% | 8.56% | 0.37x | 1.50x | GBX-12.87 Million |
Industry Comparison
This section compares Jersey Electricity plc's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $2,944,100,000
- Average return on equity (ROE) among peers: 39.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jersey Electricity plc (JEL) | GBX251.60 Million | 8.81% | 0.50x | $637.31K |
| National Grid PLC (NG) | $2.94 Billion | 39.01% | 1.98x | $791.76 Million |
About Jersey Electricity plc
Jersey Electricity plc, together with its subsidiaries, engages in the generation, transmission, distribution, and supply of electricity in Jersey. The company provides electric boilers, smart panel heating, heat pumps and battery, cable underfloor heating, wet underfloor heating, storage heaters, hot water systems, and radiator systems; domestic solar and battery storage; air conditioners; maint… Read more