Seascape Energy Asia plc
Seascape Energy Asia plc, a full-cycle E&P company, engages in acquiring oil and gas assets in Malaysia. The company was formerly known as Longboat Energy plc and changed its name to Seascape Energy Asia plc in September 2024. Seascape Energy Asia plc was incorporated in 2019 and is based in London, the United Kingdom.
Seascape Energy Asia plc (SEA) - Net Assets
Latest net assets as of June 2025: GBX8.87 Million GBX
Based on the latest financial reports, Seascape Energy Asia plc (SEA) has net assets worth GBX8.87 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 (GBX9.48 Million) and total liabilities (GBX608.26K). 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 | GBX8.87 Million |
| % of Total Assets | 93.58% |
| Annual Growth Rate | -21.71% |
| 5-Year Change | -64.63% |
| 10-Year Change | N/A |
| Growth Volatility | 169.71 |
Seascape Energy Asia plc - Net Assets Trend (2019–2024)
This chart illustrates how Seascape Energy Asia 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 Seascape Energy Asia plc (2019–2024)
The table below shows the annual net assets of Seascape Energy Asia plc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX2.66 Million | -84.27% |
| 2023-12-31 | GBX16.94 Million | -19.08% |
| 2022-12-31 | GBX20.93 Million | -42.04% |
| 2021-12-31 | GBX36.12 Million | +379.38% |
| 2020-12-31 | GBX7.53 Million | -16.86% |
| 2019-12-31 | GBX9.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seascape Energy Asia 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 4113938000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX6.28 Million | 235.72% |
| Other Components | GBX37.72 Million | 1415.36% |
| Total Equity | GBX2.66 Million | 100.00% |
Seascape Energy Asia plc Competitors by Market Cap
The table below lists competitors of Seascape Energy Asia plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Empower Technology Corporation.
TWO:5348
|
$5.00K |
|
AGILQ
PINK:AGILQ
|
$5.00K |
|
Synectics plc
LSE:SNX
|
$5.00K |
|
PGFF
PINK:PGFF
|
$5.00K |
|
Polygreen Resources Co., Ltd.
TWO:8423
|
$4.98K |
|
PCI-PAL PLC
LSE:PCIP
|
$4.98K |
|
FLOWTECH FLUIDPOWER LS-50
F:2FW
|
$4.98K |
|
ELQ Spolka Akcyjna
F:7DP
|
$4.98K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seascape Energy Asia plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,938,730 to 2,664,960, a change of -14,273,770 (-84.3%).
- Net loss of 16,447,209 reduced equity.
- Other factors increased equity by 2,173,439.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-16.45 Million | -617.17% |
| Other Changes | GBX2.17 Million | +81.56% |
| Total Change | GBX- | -84.27% |
Book Value vs Market Value Analysis
This analysis compares Seascape Energy Asia 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: 1662.68x
- 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 84.97x to 1662.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | GBX0.91 | GBX77.00 | x |
| 2020-12-31 | GBX0.75 | GBX77.00 | x |
| 2021-12-31 | GBX1.00 | GBX77.00 | x |
| 2022-12-31 | GBX0.37 | GBX77.00 | x |
| 2023-12-31 | GBX0.28 | GBX77.00 | x |
| 2024-12-31 | GBX0.05 | GBX77.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seascape Energy Asia 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): -617.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.66x
- Recent ROE (-617.17%) is below the historical average (-125.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -2.17% | 0.00% | 0.00x | 1.03x | GBX-1.10 Million |
| 2020 | -21.58% | 0.00% | 0.00x | 1.05x | GBX-2.38 Million |
| 2021 | -12.96% | 0.00% | 0.00x | 1.67x | GBX-8.29 Million |
| 2022 | -73.91% | 0.00% | 0.00x | 4.26x | GBX-17.57 Million |
| 2023 | -24.72% | 0.00% | 0.00x | 1.07x | GBX-5.88 Million |
| 2024 | -617.17% | 0.00% | 0.00x | 1.66x | GBX-16.71 Million |
Industry Comparison
This section compares Seascape Energy Asia plc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $60,597,583
- Average return on equity (ROE) among peers: 3.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seascape Energy Asia plc (SEA) | GBX8.87 Million | -2.17% | 0.07x | $4.99K |
| Afentra PLC (AET) | $278.27 Million | -0.81% | 1.23x | $17.50K |
| Angus Energy PLC (ANGS) | $152.00K | 100.00% | 8.59x | $1.29K |
| Ascent Resources plc (AST) | $-378.00K | 0.00% | 0.00x | $320.65 |
| Beacon Energy PLC (BCE) | $-300.00K | 0.00% | 0.00x | $87.84 |
| Block Energy PLC (BLOE) | $29.69 Million | -18.56% | 0.15x | $1.33K |
| Buccaneer Energy plc. (BUCE) | $-599.00K | 0.00% | 0.00x | $241.65 |
| Cadogan Petroleum plc (CAD) | $297.93 Million | -11.82% | 0.03x | $1.37K |
| Challenger Energy Group PLC (CEG) | $5.74 Million | -27.08% | 0.05x | $3.31K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $229.28 |
| Coro Energy PLC (CORO) | $-7.40 Million | 0.00% | 0.00x | $470.51 |