Renewables Infrastructure Grp

LSE:TRIG UK Utilities - Renewable
Market Cap
$19.76 Million
GBX162.37 Billion GBX
Market Cap Rank
#50208 Global
#1493 in UK
Share Price
GBX67.90
Change (1 day)
+2.57%
52-Week Range
GBX63.90 - GBX89.90
All Time High
GBX127.08
Categories
Companies in UK Utilities - Renewable
About

The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar photovoltaic parks. It seeks to invest in United Kingdom and Northern European countries including France, Ireland, Germany and Scandinavia. The fund seeks … Read more

Renewables Infrastructure Grp (TRIG) - Net Assets

Latest net assets as of June 2025: GBX2.61 Billion GBX

Based on the latest financial reports, Renewables Infrastructure Grp (TRIG) has net assets worth GBX2.61 Billion GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.62 Billion) and total liabilities (GBX5.20 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 GBX2.61 Billion
% of Total Assets 99.8%
Annual Growth Rate 22.2%
5-Year Change 30.14%
10-Year Change 293.11%
Growth Volatility 21.41

Renewables Infrastructure Grp - Net Assets Trend (2013–2024)

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

Annual Net Assets for Renewables Infrastructure Grp (2013–2024)

The table below shows the annual net assets of Renewables Infrastructure Grp from 2013 to 2024.

Year Net Assets Change
2024-12-31 GBX2.86 Billion -10.02%
2023-12-31 GBX3.17 Billion -5.04%
2022-12-31 GBX3.34 Billion +23.52%
2021-12-31 GBX2.71 Billion +23.30%
2020-12-31 GBX2.19 Billion +16.54%
2019-12-31 GBX1.88 Billion +46.70%
2018-12-31 GBX1.28 Billion +30.64%
2017-12-31 GBX982.77 Million +17.80%
2016-12-31 GBX834.27 Million +14.82%
2015-12-31 GBX726.59 Million +70.69%
2014-12-31 GBX425.68 Million +35.20%
2013-12-31 GBX314.86 Million --

Equity Component Analysis

This analysis shows how different components contribute to Renewables Infrastructure Grp'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 grown by 895.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX102.60 Million 3.59%
Common Stock GBX2.75 Billion 96.37%
Other Comprehensive Income GBX1.00 Million 0.04%
Total Equity GBX2.86 Billion 100.00%

Renewables Infrastructure Grp Competitors by Market Cap

The table below lists competitors of Renewables Infrastructure Grp ranked by their market capitalization.

Company Market Cap
Nexteligent Holdings Inc
PINK:NXGT
 		$82.02
CHELLARAMS PLC
XNSA:CHELLARAM
 		$82.10
SBXC-WT
NYSE:SBXC-WT
 		$82.44
Schroder British Opportunities Trus
LSE:SBO
 		$82.58
PT Merry Riana Edukasi Tbk
JK:MERI
 		$81.83
JLEN Environmental Assets Group Ltd
LSE:JLEN
 		$81.73
Easylink Solutions C
PINK:ESYL
 		$81.66
GLOBAL DIGITAL CREA
MU:GDC
 		$81.54

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,174,300,000 to 2,856,300,000, a change of -318,000,000 (-10.0%).
  • Net loss of 115,200,000 reduced equity.
  • Dividend payments of 183,500,000 reduced retained earnings.
  • Share repurchases of 20,900,000 reduced equity.
  • New share issuances of 2,000,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-115.20 Million -4.03%
Dividends Paid GBX183.50 Million -6.42%
Share Repurchases GBX20.90 Million -0.73%
Share Issuances GBX2.00 Million +0.07%
Other Changes GBX-400.00K -0.01%
Total Change GBX- -10.02%

Book Value vs Market Value Analysis

This analysis compares Renewables Infrastructure Grp'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: 58.84x
  • 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 65.73x to 58.84x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 GBX1.03 GBX67.90 x
2014-12-31 GBX1.13 GBX67.90 x
2015-12-31 GBX1.28 GBX67.90 x
2016-12-31 GBX1.07 GBX67.90 x
2017-12-31 GBX1.06 GBX67.90 x
2018-12-31 GBX1.21 GBX67.90 x
2019-12-31 GBX1.32 GBX67.90 x
2020-12-31 GBX1.28 GBX67.90 x
2021-12-31 GBX1.29 GBX67.90 x
2022-12-31 GBX1.38 GBX67.90 x
2023-12-31 GBX1.28 GBX67.90 x
2024-12-31 GBX1.15 GBX67.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Renewables Infrastructure Grp 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): -4.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: -0.04x
  • • Equity Multiplier: 1.00x
  • Recent ROE (-4.03%) is below the historical average (5.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 3.27% 73.67% 0.04x 1.00x GBX-21.18 Million
2014 5.47% 97.36% 0.06x 1.00x GBX-19.27 Million
2015 2.34% 95.70% 0.02x 1.00x GBX-55.65 Million
2016 8.14% 98.84% 0.08x 1.00x GBX-15.52 Million
2017 9.18% 99.00% 0.09x 1.00x GBX-8.10 Million
2018 9.59% 99.14% 0.10x 1.00x GBX-5.24 Million
2019 8.60% 99.14% 0.09x 1.00x GBX-26.31 Million
2020 4.56% 98.43% 0.05x 1.00x GBX-119.32 Million
2021 7.78% 99.20% 0.08x 1.00x GBX-60.16 Million
2022 15.58% 99.60% 0.16x 1.01x GBX186.44 Million
2023 0.18% 4.70% 0.04x 1.00x GBX-311.63 Million
2024 -4.03% 0.00% -0.04x 1.00x GBX-400.83 Million

Industry Comparison

This section compares Renewables Infrastructure Grp's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $22,791,896,905
  • Average return on equity (ROE) among peers: -129.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Renewables Infrastructure Grp (TRIG) GBX2.61 Billion 3.27% 0.00x $81.85
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
Atlantis Resources Ltd (SAE) $21.38 Million -26.09% 0.41x $2.42K
Greencoat UK Wind PLC (UKW) $3.79 Billion 3.33% 0.48x $116.18