Atlantis Resources Ltd
SIMEC Atlantis Energy Limited engages in developing, building, owning, and operating energy projects in the United Kingdom. The company operates through four segments: Battery Storage, Project Development, Power Generation, and Corporate. It is involved in the tidal power generation; providing project management, consulting, and financial services; and offers battery energy storage special purpos… Read more
Atlantis Resources Ltd (SAE) - Net Assets
Latest net assets as of December 2024: GBX17.21 Million GBX
Based on the latest financial reports, Atlantis Resources Ltd (SAE) has net assets worth GBX17.21 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 (GBX115.01 Million) and total liabilities (GBX97.81 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 | GBX17.21 Million |
| % of Total Assets | 14.96% |
| Annual Growth Rate | -2.66% |
| 5-Year Change | -78.96% |
| 10-Year Change | -70.2% |
| Growth Volatility | 209.38 |
Atlantis Resources Ltd - Net Assets Trend (2010–2024)
This chart illustrates how Atlantis Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Atlantis Resources Ltd (2010–2024)
The table below shows the annual net assets of Atlantis Resources Ltd from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX17.21 Million | -62.89% |
| 2023-12-31 | GBX46.36 Million | +715.98% |
| 2022-12-31 | GBX5.68 Million | -65.95% |
| 2021-12-31 | GBX16.69 Million | -79.59% |
| 2020-12-31 | GBX81.78 Million | -13.03% |
| 2019-12-31 | GBX94.03 Million | -21.35% |
| 2018-12-31 | GBX119.56 Million | +98.49% |
| 2017-12-31 | GBX60.23 Million | -9.60% |
| 2016-12-31 | GBX66.63 Million | +15.38% |
| 2015-12-31 | GBX57.75 Million | +21.62% |
| 2014-12-31 | GBX47.48 Million | +359.09% |
| 2013-12-31 | GBX10.34 Million | -29.70% |
| 2012-12-31 | GBX14.71 Million | -31.19% |
| 2011-12-31 | GBX21.38 Million | -14.76% |
| 2010-12-31 | GBX25.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atlantis Resources Ltd'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 17864569506.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX201.50 Million | 909.20% |
| Other Components | GBX29.82 Million | 134.58% |
| Total Equity | GBX22.16 Million | 100.00% |
Atlantis Resources Ltd Competitors by Market Cap
The table below lists competitors of Atlantis Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northern Sphere Mining Corp
PINK:NSMCF
|
$2.42K |
|
SILVER GRAIL RES
BE:KD7
|
$2.42K |
|
Namyeung Vivien Corp.
KQ:002070
|
$2.42K |
|
Softlogic Life Insurance PLC
CM:AAICN0000
|
$2.42K |
|
Creightons Plc
LSE:CRL
|
$2.42K |
|
Iargento Hi Tech Assets Limited Partnership
TA:IARG
|
$2.42K |
|
SOUTH BOULDER MINES
MU:SO3
|
$2.41K |
|
Citi Pharma Ltd
KAR:CPHL
|
$2.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atlantis Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,224,000 to 22,162,000, a change of -22,062,000 (-49.9%).
- Net loss of 20,124,000 reduced equity.
- Other comprehensive income decreased equity by 33,553,000.
- Other factors increased equity by 31,615,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-20.12 Million | -90.8% |
| Other Comprehensive Income | GBX-33.55 Million | -151.4% |
| Other Changes | GBX31.61 Million | +142.65% |
| Total Change | GBX- | -49.89% |
Book Value vs Market Value Analysis
This analysis compares Atlantis Resources Ltd'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: 97.52x
- 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 12.20x to 97.52x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | GBX0.23 | GBX2.75 | x |
| 2011-12-31 | GBX0.19 | GBX2.75 | x |
| 2012-12-31 | GBX0.19 | GBX2.75 | x |
| 2013-12-31 | GBX0.13 | GBX2.75 | x |
| 2014-12-31 | GBX0.58 | GBX2.75 | x |
| 2015-12-31 | GBX0.55 | GBX2.75 | x |
| 2016-12-31 | GBX0.52 | GBX2.75 | x |
| 2017-12-31 | GBX0.42 | GBX2.75 | x |
| 2018-12-31 | GBX0.43 | GBX2.75 | x |
| 2019-12-31 | GBX0.21 | GBX2.75 | x |
| 2020-12-31 | GBX0.17 | GBX2.75 | x |
| 2021-12-31 | GBX0.03 | GBX2.75 | x |
| 2022-12-31 | GBX0.01 | GBX2.75 | x |
| 2023-12-31 | GBX0.06 | GBX2.75 | x |
| 2024-12-31 | GBX0.03 | GBX2.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlantis Resources Ltd 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): -90.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -140.00%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 5.19x
- Recent ROE (-90.80%) is below the historical average (-63.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -38.43% | -1152.06% | 0.03x | 1.14x | GBX-12.15 Million |
| 2011 | -26.09% | -4300.40% | 0.00x | 1.41x | GBX-7.72 Million |
| 2012 | -51.48% | -498.60% | 0.06x | 1.74x | GBX-9.04 Million |
| 2013 | -44.75% | -156.32% | 0.07x | 4.08x | GBX-5.66 Million |
| 2014 | -18.11% | -306.78% | 0.04x | 1.64x | GBX-12.17 Million |
| 2015 | 3.97% | 153.09% | 0.01x | 1.73x | GBX-3.20 Million |
| 2016 | -13.17% | -792.20% | 0.01x | 1.97x | GBX-13.57 Million |
| 2017 | -20.89% | -505.03% | 0.02x | 2.12x | GBX-16.03 Million |
| 2018 | -20.03% | -1018.45% | 0.01x | 1.68x | GBX-33.85 Million |
| 2019 | -39.76% | -717.68% | 0.03x | 1.92x | GBX-43.64 Million |
| 2020 | -25.08% | -155.95% | 0.08x | 2.09x | GBX-26.69 Million |
| 2021 | -452.39% | -900.32% | 0.09x | 5.88x | GBX-69.12 Million |
| 2022 | -180.22% | -247.28% | 0.05x | 15.81x | GBX-10.18 Million |
| 2023 | 57.42% | 166.18% | 0.12x | 2.92x | GBX20.97 Million |
| 2024 | -90.80% | -140.00% | 0.12x | 5.19x | GBX-22.34 Million |
Industry Comparison
This section compares Atlantis Resources Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $23,063,583,169
- Average return on equity (ROE) among peers: -125.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlantis Resources Ltd (SAE) | GBX17.21 Million | -38.43% | 5.68x | $2.42K |
| 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 |
| Downing Renewables & Infrastructure Trust PLC (DORE) | $141.84 Million | 7.14% | 0.01x | $115.86 |
| 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 |
| 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 |