Strip Tinning Holdings PLC
Strip Tinning Holdings plc manufactures and supplies flexible electrical connectors for heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle (EV) battery packs in the United Kingdom, rest of Europe, and internationally. It operates through Glazing and Battery Technologies segments. The company provides windshield soldering conn… Read more
Strip Tinning Holdings PLC (STG) - Net Assets
Latest net assets as of June 2025: GBX836.00K GBX
Based on the latest financial reports, Strip Tinning Holdings PLC (STG) has net assets worth GBX836.00K GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX10.36 Million) and total liabilities (GBX9.53 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 | GBX836.00K |
| % of Total Assets | 8.07% |
| Annual Growth Rate | -5.31% |
| 5-Year Change | -57.17% |
| 10-Year Change | N/A |
| Growth Volatility | 36.04 |
Strip Tinning Holdings PLC - Net Assets Trend (2017–2024)
This chart illustrates how Strip Tinning Holdings 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 Strip Tinning Holdings PLC (2017–2024)
The table below shows the annual net assets of Strip Tinning Holdings PLC from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX2.19 Million | -62.28% |
| 2023-12-31 | GBX5.80 Million | -9.79% |
| 2022-12-31 | GBX6.42 Million | +51.64% |
| 2021-12-31 | GBX4.24 Million | -16.99% |
| 2020-12-31 | GBX5.10 Million | -7.06% |
| 2019-12-31 | GBX5.49 Million | +21.48% |
| 2018-12-31 | GBX4.52 Million | +41.19% |
| 2017-12-31 | GBX3.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strip Tinning Holdings 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 281.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX182.00K | 8.33% |
| Other Comprehensive Income | GBX-103.00K | -4.71% |
| Other Components | GBX7.93 Million | 362.81% |
| Total Equity | GBX2.19 Million | 100.00% |
Strip Tinning Holdings PLC Competitors by Market Cap
The table below lists competitors of Strip Tinning Holdings PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lippo Ltd
MU:LIP
|
$499.62 |
|
SAN MIGUEL BREWERY
BE:MBR
|
$499.74 |
|
Core One Labs Inc
PINK:CLABF
|
$500.00 |
|
CHINA AEROSPACE
MU:CIOC
|
$500.43 |
|
S-Ventures Plc
PINK:SVTPF
|
$498.90 |
|
Reliance Insurance Co Ltd
KAR:RICL
|
$496.68 |
|
MATSA RESOURCES - Dusseldorf Stock Exchang
DU:KB2
|
$496.40 |
|
Affiliated Resources Corp
PINK:AFFL
|
$496.15 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strip Tinning Holdings PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,796,000 to 2,186,000, a change of -3,610,000 (-62.3%).
- Net loss of 4,700,000 reduced equity.
- New share issuances of 1,106,000 increased equity.
- Other comprehensive income decreased equity by 99,999.
- Other factors increased equity by 83,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-4.70 Million | -215.0% |
| Share Issuances | GBX1.11 Million | +50.59% |
| Other Comprehensive Income | GBX-100.00K | -4.57% |
| Other Changes | GBX84.00K | +3.84% |
| Total Change | GBX- | -62.28% |
Book Value vs Market Value Analysis
This analysis compares Strip Tinning Holdings 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: 157.48x
- 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 65.60x to 157.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | GBX0.29 | GBX19.00 | x |
| 2019-12-31 | GBX0.35 | GBX19.00 | x |
| 2020-12-31 | GBX0.36 | GBX19.00 | x |
| 2021-12-31 | GBX0.30 | GBX19.00 | x |
| 2022-12-31 | GBX0.44 | GBX19.00 | x |
| 2023-12-31 | GBX0.37 | GBX19.00 | x |
| 2024-12-31 | GBX0.12 | GBX19.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strip Tinning Holdings 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): -215.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -52.07%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 5.33x
- Recent ROE (-215.00%) is below the historical average (-36.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 40.03% | 18.67% | 1.21x | 1.77x | GBX1.32 Million |
| 2019 | 26.75% | 14.43% | 1.08x | 1.72x | GBX896.00K |
| 2020 | 4.27% | 2.55% | 0.84x | 2.00x | GBX-292.40K |
| 2021 | -19.47% | -7.40% | 0.91x | 2.88x | GBX-1.25 Million |
| 2022 | -76.65% | -48.14% | 0.82x | 1.94x | GBX-5.57 Million |
| 2023 | -13.30% | -7.12% | 0.96x | 1.94x | GBX-1.35 Million |
| 2024 | -215.00% | -52.07% | 0.77x | 5.33x | GBX-4.92 Million |
Industry Comparison
This section compares Strip Tinning Holdings PLC's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $392,420,500
- Average return on equity (ROE) among peers: -5.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strip Tinning Holdings PLC (STG) | GBX836.00K | 40.03% | 11.39x | $498.93 |
| 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 |
| Surface Transforms Plc (SCE) | $-21.00K | 0.00% | 0.00x | $182.19 |
| TI Fluid Systems PLC (TIFS) | $-91.50 Million | 0.00% | 0.00x | $124.63K |