Surface Transforms Plc
Surface Transforms Plc, together with its subsidiaries, researches, develops, designs, manufactures, and sells carbon ceramic brakes for automotive market in the United Kingdom, Germany, Sweden, Netherlands, rest of Europe, the United States, and internationally. The company offers carbon-ceramic brake discs for automotive and aircraft applications. It also provides carbon-ceramic materials for v… Read more
Surface Transforms Plc (SCE) - Net Assets
Latest net assets as of June 2025: GBX5.52 Million GBX
Based on the latest financial reports, Surface Transforms Plc (SCE) has net assets worth GBX5.52 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX35.59 Million) and total liabilities (GBX30.07 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 | GBX5.52 Million |
| % of Total Assets | 15.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | 81.77% |
| 10-Year Change | 73.26% |
| Growth Volatility | 133.34 |
Surface Transforms Plc - Net Assets Trend (2000–2024)
This chart illustrates how Surface Transforms Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Surface Transforms Plc (2000–2024)
The table below shows the annual net assets of Surface Transforms Plc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX10.32 Million | -56.50% |
| 2023-12-31 | GBX23.73 Million | -29.28% |
| 2022-12-31 | GBX33.55 Million | +60.59% |
| 2021-12-31 | GBX20.89 Million | +267.95% |
| 2020-12-31 | GBX5.68 Million | +1.03% |
| 2019-12-31 | GBX5.62 Million | -19.29% |
| 2019-05-31 | GBX6.96 Million | +25.50% |
| 2018-05-31 | GBX5.55 Million | +42.04% |
| 2017-05-31 | GBX3.91 Million | -34.43% |
| 2016-05-31 | GBX5.96 Million | +396.83% |
| 2015-05-31 | GBX1.20 Million | +87.34% |
| 2014-05-31 | GBX640.00K | -33.95% |
| 2013-05-31 | GBX969.00K | -8.06% |
| 2012-05-31 | GBX1.05 Million | -29.21% |
| 2011-05-31 | GBX1.49 Million | +38.00% |
| 2010-05-31 | GBX1.08 Million | +5.11% |
| 2009-05-31 | GBX1.03 Million | -42.10% |
| 2008-05-31 | GBX1.77 Million | +25.48% |
| 2007-05-31 | GBX1.41 Million | -29.24% |
| 2006-05-31 | GBX2.00 Million | -28.91% |
| 2005-05-31 | GBX2.81 Million | -14.10% |
| 2004-05-31 | GBX3.27 Million | +469.69% |
| 2003-05-31 | GBX574.00K | -1.03% |
| 2002-05-31 | GBX580.00K | +6.03% |
| 2001-05-31 | GBX547.00K | +2704.76% |
| 2000-05-31 | GBX-21.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Surface Transforms 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 decreased by 6985100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX13.02 Million | 126.16% |
| Other Comprehensive Income | GBX464.00K | 4.50% |
| Other Components | GBX66.80 Million | 647.21% |
| Total Equity | GBX10.32 Million | 100.00% |
Surface Transforms Plc Competitors by Market Cap
The table below lists competitors of Surface Transforms Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LIANHUA SUPERMKT-H- (LSJ.SG)
STU:LSJ
|
$182.31 |
|
Primex Corp
PSE:PRMX
|
$182.52 |
|
Apax Global Alpha Ltd
LSE:APAX
|
$182.56 |
|
IQOLF
PINK:IQOLF
|
$182.64 |
|
Sadhana Nitro Chem Limited
NSE:SADHNANIQ
|
$182.16 |
|
CurrentC Power Corporation
PINK:AECX
|
$182.12 |
|
LABAT AFRICA
BE:LAO
|
$181.92 |
|
Gamedust S.A.
WAR:GDC
|
$181.60 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Surface Transforms Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,727,000 to 10,321,000, a change of -13,406,000 (-56.5%).
- Net loss of 22,349,000 reduced equity.
- New share issuances of 9,500,000 increased equity.
- Other factors decreased equity by 557,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-22.35 Million | -216.54% |
| Share Issuances | GBX9.50 Million | +92.05% |
| Other Changes | GBX-557.00K | -5.4% |
| Total Change | GBX- | -56.50% |
Book Value vs Market Value Analysis
This analysis compares Surface Transforms 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: 10.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-05-31 | GBX0.00 | GBX0.12 | x |
| 2001-05-31 | GBX0.07 | GBX0.12 | x |
| 2002-05-31 | GBX0.07 | GBX0.12 | x |
| 2003-05-31 | GBX0.06 | GBX0.12 | x |
| 2004-05-31 | GBX0.33 | GBX0.12 | x |
| 2005-05-31 | GBX0.20 | GBX0.12 | x |
| 2006-05-31 | GBX0.14 | GBX0.12 | x |
| 2007-05-31 | GBX0.10 | GBX0.12 | x |
| 2008-05-31 | GBX0.10 | GBX0.12 | x |
| 2009-05-31 | GBX0.05 | GBX0.12 | x |
| 2010-05-31 | GBX0.04 | GBX0.12 | x |
| 2011-05-31 | GBX0.05 | GBX0.12 | x |
| 2012-05-31 | GBX0.03 | GBX0.12 | x |
| 2013-05-31 | GBX0.03 | GBX0.12 | x |
| 2014-05-31 | GBX0.02 | GBX0.12 | x |
| 2015-05-31 | GBX0.03 | GBX0.12 | x |
| 2016-05-31 | GBX0.10 | GBX0.12 | x |
| 2017-05-31 | GBX0.04 | GBX0.12 | x |
| 2018-05-31 | GBX0.05 | GBX0.12 | x |
| 2019-05-31 | GBX0.06 | GBX0.12 | x |
| 2019-12-31 | GBX0.04 | GBX0.12 | x |
| 2020-12-31 | GBX0.04 | GBX0.12 | x |
| 2021-12-31 | GBX0.11 | GBX0.12 | x |
| 2022-12-31 | GBX0.16 | GBX0.12 | x |
| 2023-12-31 | GBX0.09 | GBX0.12 | x |
| 2024-12-31 | GBX0.01 | GBX0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Surface Transforms 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): -216.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -271.13%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.47x
- Recent ROE (-216.54%) is below the historical average (-57.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | -11200.00% | 0.05x | 0.00x | GBX-109.90K |
| 2001 | -67.82% | -1159.38% | 0.05x | 1.10x | GBX-425.70K |
| 2002 | -96.72% | -539.42% | 0.15x | 1.20x | GBX-619.00K |
| 2003 | -167.94% | -401.67% | 0.37x | 1.14x | GBX-1.02 Million |
| 2004 | -3.98% | -30.30% | 0.13x | 1.03x | GBX-457.00K |
| 2005 | -21.97% | -239.15% | 0.09x | 1.05x | GBX-897.90K |
| 2006 | -43.62% | -561.94% | 0.07x | 1.06x | GBX-1.07 Million |
| 2007 | -45.72% | -241.95% | 0.16x | 1.18x | GBX-787.30K |
| 2008 | -33.50% | -116.93% | 0.25x | 1.16x | GBX-771.30K |
| 2009 | -81.90% | -123.77% | 0.55x | 1.20x | GBX-943.39K |
| 2010 | -49.68% | -66.58% | 0.57x | 1.32x | GBX-643.90K |
| 2011 | -58.50% | -100.93% | 0.48x | 1.22x | GBX-1.02 Million |
| 2012 | -45.26% | -47.65% | 0.63x | 1.51x | GBX-582.40K |
| 2013 | -59.86% | -54.77% | 0.59x | 1.86x | GBX-676.90K |
| 2014 | -105.31% | -52.95% | 0.87x | 2.28x | GBX-738.00K |
| 2015 | -63.80% | -71.76% | 0.53x | 1.66x | GBX-884.90K |
| 2016 | -14.24% | -62.26% | 0.20x | 1.16x | GBX-1.44 Million |
| 2017 | -55.61% | -309.40% | 0.14x | 1.27x | GBX-2.56 Million |
| 2018 | -33.06% | -134.56% | 0.20x | 1.23x | GBX-2.39 Million |
| 2019 | -29.57% | -205.49% | 0.12x | 1.16x | GBX-2.76 Million |
| 2019 | -40.17% | -90.76% | 0.28x | 1.56x | GBX-2.82 Million |
| 2020 | -40.56% | -117.98% | 0.22x | 1.55x | GBX-2.87 Million |
| 2021 | -18.92% | -166.82% | 0.09x | 1.26x | GBX-6.04 Million |
| 2022 | -14.57% | -118.22% | 0.10x | 1.22x | GBX-8.06 Million |
| 2023 | -82.43% | -267.49% | 0.23x | 1.35x | GBX-21.93 Million |
| 2024 | -216.54% | -271.13% | 0.32x | 2.47x | GBX-23.38 Million |
Industry Comparison
This section compares Surface Transforms Plc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $393,390,000
- Average return on equity (ROE) among peers: -8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Surface Transforms Plc (SCE) | GBX5.52 Million | 0.00% | 5.44x | $182.19 |
| Freni Brembo SpA (0RPV) | $2.33 Billion | 11.27% | 0.99x | $1.84 Billion |
| Ab Dynamics (ABDP) | $98.81 Million | 8.76% | 0.26x | $33.56K |
| Aurrigo International PLC (AURR) | $8.86 Million | -44.19% | 0.66x | $9.51K |
| Autins Group plc (AUTG) | $8.56 Million | -11.79% | 1.31x | $564.69 |
| Strip Tinning Holdings PLC (STG) | $5.80 Million | -13.30% | 0.94x | $498.93 |
| TI Fluid Systems PLC (TIFS) | $-91.50 Million | 0.00% | 0.00x | $124.63K |