Shires Income

LSE:SHRS UK Asset Management
Market Cap
$1.45 Million
GBX11.90 Billion GBX
Market Cap Rank
#49234 Global
#1325 in UK
Share Price
GBX302.00
Change (1 day)
+0.00%
52-Week Range
GBX222.00 - GBX330.50
All Time High
GBX330.50
Categories
Companies in UK Asset Management Banking & Financial
About

Shires Income PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in ordinary, convertible, and preference shares of companie… Read more

Shires Income (SHRS) - Net Assets

Latest net assets as of September 2025: GBX117.31 Million GBX

Based on the latest financial reports, Shires Income (SHRS) has net assets worth GBX117.31 Million GBX as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX136.94 Million) and total liabilities (GBX19.62 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 GBX117.31 Million
% of Total Assets 85.67%
Annual Growth Rate -0.94%
5-Year Change 31.97%
10-Year Change 55.1%
Growth Volatility 28.34

Shires Income - Net Assets Trend (2000–2025)

This chart illustrates how Shires Income's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shires Income (2000–2025)

The table below shows the annual net assets of Shires Income from 2000 to 2025.

Year Net Assets Change
2025-03-31 GBX106.71 Million +0.71%
2024-03-31 GBX105.96 Million +32.59%
2023-03-31 GBX79.91 Million -6.88%
2022-03-31 GBX85.82 Million +6.14%
2021-03-31 GBX80.86 Million +26.61%
2020-03-31 GBX63.86 Million -20.23%
2019-03-31 GBX80.06 Million -0.51%
2018-03-31 GBX80.47 Million -1.24%
2017-03-31 GBX81.48 Million +18.42%
2016-03-31 GBX68.80 Million -11.60%
2015-03-31 GBX77.83 Million +4.47%
2014-03-31 GBX74.50 Million +5.97%
2013-03-31 GBX70.31 Million +22.73%
2012-03-31 GBX57.28 Million -2.31%
2011-03-31 GBX58.64 Million +5.52%
2010-03-31 GBX55.57 Million +57.56%
2009-03-31 GBX35.27 Million -52.77%
2008-03-31 GBX74.69 Million -25.18%
2007-03-31 GBX99.82 Million +2.35%
2006-03-31 GBX97.52 Million +20.32%
2005-03-31 GBX81.05 Million -12.89%
2004-03-31 GBX93.05 Million +81.39%
2003-03-31 GBX51.30 Million -52.91%
2002-03-31 GBX108.93 Million -13.60%
2001-03-31 GBX126.08 Million -6.71%
2000-03-31 GBX135.15 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shires Income'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Common Stock GBX20.11 Million 18.84%
Other Components GBX86.60 Million 81.16%
Total Equity GBX106.71 Million 100.00%

Shires Income Competitors by Market Cap

The table below lists competitors of Shires Income ranked by their market capitalization.

Company Market Cap
Zitto Inc
PINK:ZTTO
 		$352.69
Lucy Scientific Discovery Inc.
NASDAQ:LSDIF
 		$352.93
GLOBE METALS (G4U.SG)
STU:G4U
 		$353.34
Proton Power Systems PLC
LSE:PPS
 		$353.83
TLOU ENERGY LIMITED
XBOT:TLOU-EQO
 		$351.30
Brøndbyernes IF Fodbold A/S
STU:BYXB
 		$351.05
Xiamen Lutong International Travel Agency Co Ltd
PINK:LTGJ
 		$350.23
Dice Sport & Casual Wear
EGX:DSCW
 		$350.20

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shires Income's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 105,957,000 to 106,711,000, a change of 754,000 (0.7%).
  • Net income of 9,550,000 contributed positively to equity growth.
  • Dividend payments of 5,947,000 reduced retained earnings.
  • Share repurchases of 2,872,000 reduced equity.
  • Other comprehensive income decreased equity by 25,263,000.
  • Other factors increased equity by 25,286,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX9.55 Million +8.95%
Dividends Paid GBX5.95 Million -5.57%
Share Repurchases GBX2.87 Million -2.69%
Other Comprehensive Income GBX-25.26 Million -23.67%
Other Changes GBX25.29 Million +23.7%
Total Change GBX- 0.71%

Book Value vs Market Value Analysis

This analysis compares Shires Income'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: 116.59x
  • 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 174.72x to 116.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-03-31 GBX1.73 GBX302.00 x
2004-03-31 GBX2.30 GBX302.00 x
2005-03-31 GBX2.73 GBX302.00 x
2006-03-31 GBX3.29 GBX302.00 x
2007-03-31 GBX3.36 GBX302.00 x
2008-03-31 GBX2.51 GBX302.00 x
2009-03-31 GBX1.19 GBX302.00 x
2010-03-31 GBX1.87 GBX302.00 x
2011-03-31 GBX1.97 GBX302.00 x
2012-03-31 GBX1.93 GBX302.00 x
2013-03-31 GBX2.36 GBX302.00 x
2014-03-31 GBX2.48 GBX302.00 x
2015-03-31 GBX2.59 GBX302.00 x
2016-03-31 GBX2.29 GBX302.00 x
2017-03-31 GBX2.72 GBX302.00 x
2018-03-31 GBX2.68 GBX302.00 x
2019-03-31 GBX2.67 GBX302.00 x
2020-03-31 GBX2.09 GBX302.00 x
2021-03-31 GBX2.63 GBX302.00 x
2022-03-31 GBX2.79 GBX302.00 x
2023-03-31 GBX2.58 GBX302.00 x
2024-03-31 GBX3.08 GBX302.00 x
2025-03-31 GBX2.59 GBX302.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shires Income 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): 8.95%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 85.96%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 1.18x
  • Recent ROE (8.95%) is above the historical average (4.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 33.11% 88.65% 0.25x 1.48x GBX15.75 Million
2005 19.26% 82.76% 0.16x 1.47x GBX7.51 Million
2006 22.75% 86.24% 0.19x 1.39x GBX12.43 Million
2007 7.96% 67.30% 0.08x 1.43x GBX-2.03 Million
2008 -26.00% 0.00% -0.15x 1.36x GBX-26.88 Million
2009 -95.12% 0.00% -0.54x 1.63x GBX-37.08 Million
2010 45.58% 95.38% 0.35x 1.36x GBX19.77 Million
2011 11.47% 83.48% 0.10x 1.32x GBX861.10K
2012 3.85% 68.68% 0.04x 1.32x GBX-3.52 Million
2013 22.72% 98.02% 0.18x 1.26x GBX8.94 Million
2014 10.46% 95.74% 0.09x 1.25x GBX340.80K
2015 8.90% 94.62% 0.08x 1.24x GBX-858.20K
2016 -7.78% 0.00% -0.06x 1.28x GBX-12.23 Million
2017 20.06% 97.68% 0.17x 1.24x GBX8.20 Million
2018 3.49% 86.90% 0.03x 1.24x GBX-5.24 Million
2019 3.86% 88.14% 0.04x 1.24x GBX-4.91 Million
2020 -21.72% 0.00% -0.16x 1.30x GBX-20.26 Million
2021 25.95% 98.07% 0.21x 1.24x GBX12.90 Million
2022 10.58% 94.65% 0.09x 1.22x GBX501.10K
2023 -2.54% 0.00% -0.02x 1.24x GBX-10.02 Million
2024 -1.39% -216.15% 0.01x 1.18x GBX-12.07 Million
2025 8.95% 85.96% 0.09x 1.18x GBX-1.12 Million

Industry Comparison

This section compares Shires Income's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $395,694,700
  • Average return on equity (ROE) among peers: -81.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shires Income (SHRS) GBX117.31 Million 33.11% 0.17x $351.43
3I Infrastructure PLC (3IN) $1.09 Billion 8.57% 0.18x $396.99K
450 PLC (450) $1.30 Million -791.13% 5.03x $1.71K
abrdn Asian Income Fund Limited (AAIF) $431.48 Million 11.10% 0.09x $315.37
Abrdn Asia Focus PLC (AAS) $464.40 Million -2.37% 0.15x $434.78
Albion Technology & General VCT PLC (AATG) $34.46 Million 4.41% 0.01x $78.71
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $492.42 Million 0.00% 0.32x $16.61
Aquila Energy Efficiency Trust PLC (AEET) $97.38 Million -0.64% 0.00x $2.38K
Aquila European Renewables Income PLC (AERI) $320.23 Million -9.29% 0.00x $2.45K
Artemis UK Future Leaders plc (AFL) $84.35 Million -40.52% 0.02x $401.26
AVI Global Trust PLC (AGT) $938.94 Million 2.59% 0.12x $2.83 Million