JP Morgan Global Growth & Income PLC (JGGI) - Net Assets

Latest as of December 2024: GBX2.93 Billion GBX ≈ $357.10K USD

Based on the latest financial reports, JP Morgan Global Growth & Income PLC (JGGI) has net assets worth GBX2.93 Billion GBX (≈ $357.10K USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.09 Billion ≈ $375.54K USD) and total liabilities (GBX151.54 Million ≈ $18.44K 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 JGGI financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX2.93 Billion
% of Total Assets 95.09%
Annual Growth Rate 11.03%
5-Year Change 471.37%
10-Year Change 916.61%
Growth Volatility 40.68

JP Morgan Global Growth & Income PLC - Net Assets Trend (2004–2024)

This chart illustrates how JP Morgan Global Growth & Income PLC's net assets have evolved over time, based on quarterly financial data. Also explore JP Morgan Global Growth & Income PLC total assets for the complete picture of this company's asset base.

Annual Net Assets for JP Morgan Global Growth & Income PLC (2004–2024)

The table below shows the annual net assets of JP Morgan Global Growth & Income PLC from 2004 to 2024. For live valuation and market cap data, see JP Morgan Global Growth & Income PLC market capitalisation.

Year Net Assets Change
2024-06-30 GBX2.74 Billion
≈ $332.89K		 +50.91%
2023-06-30 GBX1.81 Billion
≈ $220.58K		 +170.82%
2022-06-30 GBX669.41 Million
≈ $81.45K		 +2.45%
2021-06-30 GBX653.37 Million
≈ $79.50K		 +36.45%
2020-06-30 GBX478.84 Million
≈ $58.26K		 +8.45%
2019-06-30 GBX441.52 Million
≈ $53.72K		 +7.48%
2018-06-30 GBX410.79 Million
≈ $49.98K		 +8.91%
2017-06-30 GBX377.18 Million
≈ $45.89K		 +25.66%
2016-06-30 GBX300.15 Million
≈ $36.52K		 +11.53%
2015-06-30 GBX269.12 Million
≈ $32.74K		 +9.56%
2014-06-30 GBX245.63 Million
≈ $29.89K		 +11.07%
2013-06-30 GBX221.15 Million
≈ $26.91K		 +10.61%
2012-06-30 GBX199.94 Million
≈ $24.33K		 -13.76%
2011-06-30 GBX231.83 Million
≈ $28.21K		 +24.03%
2010-06-30 GBX186.91 Million
≈ $22.74K		 +28.49%
2009-06-30 GBX145.47 Million
≈ $17.70K		 -12.26%
2008-06-30 GBX165.81 Million
≈ $20.17K		 -20.19%
2007-06-30 GBX207.74 Million
≈ $25.28K		 -8.72%
2006-06-30 GBX227.58 Million
≈ $27.69K		 -39.45%
2005-06-30 GBX375.85 Million
≈ $45.73K		 +11.27%
2004-06-30 GBX337.77 Million
≈ $41.10K		 --

Equity Component Analysis

This analysis shows how different components contribute to JP Morgan Global Growth & Income 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 229895000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Retained Earnings GBX2.30 Billion 84.03%
Common Stock GBX24.02 Million 0.88%
Other Comprehensive Income GBX27.40 Million 1.00%
Other Components GBX385.57 Million 14.09%
Total Equity GBX2.74 Billion 100.00%

JP Morgan Global Growth & Income PLC Competitors by Market Cap

The table below lists competitors of JP Morgan Global Growth & Income PLC ranked by their market capitalization.

Company Market Cap
S H L Telemedicine Ltd
SW:SHLTN
 $40.21 Million
Finebesteel
KO:133820
 $40.22 Million
Kristal Kola ve Mesrubat Sanayi Ticaret AS
IS:KRSTL
 $40.25 Million
Brunswick Exploration Inc
V:BRW
 $40.26 Million
Enerside Energy S.A.
MC:ENRS
 $40.20 Million
DCM Shriram Industries Limited
NSE:DCMSRIND
 $40.20 Million
Stallion Uranium Corp.
V:STUD
 $40.19 Million
Prescient Therapeutics Ltd
AU:PTX
 $40.18 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in JP Morgan Global Growth & Income PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,812,908,000 to 2,735,942,000, a change of 923,034,000 (50.9%).
  • Net income of 552,219,000 contributed positively to equity growth.
  • Dividend payments of 74,502,000 reduced retained earnings.
  • Share repurchases of 4,903,000 reduced equity.
  • New share issuances of 410,706,000 increased equity.
  • Other factors increased equity by 39,514,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX552.22 Million +20.18%
Dividends Paid GBX74.50 Million -2.72%
Share Repurchases GBX4.90 Million -0.18%
Share Issuances GBX410.71 Million +15.01%
Other Changes GBX39.51 Million +1.44%
Total Change GBX- 50.91%

Book Value vs Market Value Analysis

This analysis compares JP Morgan Global Growth & Income 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: 91.77x
  • 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 607.06x to 91.77x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-06-30 GBX0.96 GBX584.50 x
2005-06-30 GBX1.08 GBX584.50 x
2006-06-30 GBX0.74 GBX584.50 x
2007-06-30 GBX1.25 GBX584.50 x
2008-06-30 GBX1.16 GBX584.50 x
2009-06-30 GBX1.10 GBX584.50 x
2010-06-30 GBX1.45 GBX584.50 x
2011-06-30 GBX1.80 GBX584.50 x
2012-06-30 GBX1.54 GBX584.50 x
2013-06-30 GBX1.83 GBX584.50 x
2014-06-30 GBX2.09 GBX584.50 x
2015-06-30 GBX2.32 GBX584.50 x
2016-06-30 GBX2.43 GBX584.50 x
2017-06-30 GBX3.05 GBX584.50 x
2018-06-30 GBX3.26 GBX584.50 x
2019-06-30 GBX3.38 GBX584.50 x
2020-06-30 GBX3.49 GBX584.50 x
2021-06-30 GBX4.48 GBX584.50 x
2022-06-30 GBX4.22 GBX584.50 x
2023-06-30 GBX5.60 GBX584.50 x
2024-06-30 GBX6.37 GBX584.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently JP Morgan Global Growth & Income 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): 20.18%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 94.75%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.06x
  • Recent ROE (20.18%) is above the historical average (10.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 11.76% 91.78% 0.12x 1.09x GBX5.95 Million
2005 10.58% 91.36% 0.12x 1.00x GBX2.18 Million
2006 31.77% 93.68% 0.33x 1.01x GBX49.54 Million
2007 9.34% 91.38% 0.10x 1.01x GBX-1.37 Million
2008 -10.09% 0.00% -0.09x 1.05x GBX-33.32 Million
2009 -9.20% 0.00% -0.06x 1.10x GBX-27.93 Million
2010 25.15% 91.79% 0.25x 1.08x GBX28.32 Million
2011 19.48% 94.76% 0.19x 1.10x GBX21.97 Million
2012 -11.68% 0.00% -0.11x 1.02x GBX-43.34 Million
2013 17.95% 97.81% 0.16x 1.12x GBX17.58 Million
2014 12.23% 97.24% 0.11x 1.10x GBX5.48 Million
2015 10.72% 96.77% 0.10x 1.11x GBX1.94 Million
2016 6.79% 95.42% 0.06x 1.11x GBX-9.63 Million
2017 22.92% 98.58% 0.21x 1.09x GBX48.71 Million
2018 7.49% 96.40% 0.07x 1.08x GBX-10.32 Million
2019 7.91% 96.05% 0.08x 1.07x GBX-9.21 Million
2020 5.56% 94.15% 0.05x 1.10x GBX-21.24 Million
2021 23.76% 156.55% 0.14x 1.10x GBX89.90 Million
2022 -3.82% -25.04% 0.14x 1.09x GBX-92.50 Million
2023 8.93% 210.50% 0.04x 1.08x GBX-19.42 Million
2024 20.18% 94.75% 0.20x 1.06x GBX278.62 Million

Industry Comparison

This section compares JP Morgan Global Growth & Income PLC's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $745,852,800
  • Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JP Morgan Global Growth & Income PLC (JGGI) GBX2.93 Billion 11.76% 0.05x $40.20 Million
3I Infrastructure PLC (3IN) $1.20 Billion 4.98% 0.15x $42.14 Million
Albion Enterprise VCT PLC (AAEV) $61.87 Million 11.55% 0.03x $3.29 Million
abrdn Asian Income Fund Limited (AAIF) $431.87 Million 14.17% 0.08x $5.17 Million
Abrdn Asia Focus PLC (AAS) $98.67 Million 9.82% 0.09x $7.49 Million
Albion Technology & General VCT PLC (AATG) $64.83 Million 5.63% 0.01x $3.22 Million
Abrdn PLC (ABDN) $4.56 Billion 10.22% 39.48x $45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $426.87 Million 6.29% 0.20x $450.86K
Aquila Energy Efficiency Trust PLC (AEET) $69.67 Million -2.91% 0.02x $261.59K
Aquila European Renewables Income PLC (AERI) $372.54 Million -8.03% 0.00x $79.35 Million
Artemis UK Future Leaders plc (AFL) $174.91 Million -21.80% 0.02x $415.29

About JP Morgan Global Growth & Income PLC

LSE:JGGI UK Asset Management
Market Cap
$40.20 Million
GBX330.43 Billion GBX
Market Cap Rank
#22679 Global
#174 in UK
Share Price
GBX584.50
Change (1 day)
+0.09%
52-Week Range
GBX524.00 - GBX591.50
All Time High
GBX609.00
Categories
Companies in UK Asset Management Banking & Financial
About

JPMorgan Global Growth & Income plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations, with a bias towards large cap companies. It be… Read more