Vela Technologies Plc
Caledonian Holdings Plc is a venture capital firm specializing in investing in early stage. The firm focuses on pre-IPO technology investments and also invests in hi-tech engineering solutions. It invests in small and medium sized companies based in Europe and United Kingdom. The firm seeks for non-controlling stakes in its portfolio companies. It was formerly known as Vela Technologies PLC and c… Read more
Vela Technologies Plc (VELA) - Net Assets
Latest net assets as of March 2024: GBX6.24 Million GBX
Based on the latest financial reports, Vela Technologies Plc (VELA) has net assets worth GBX6.24 Million GBX as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX6.29 Million) and total liabilities (GBX53.00K). 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 | GBX6.24 Million |
| % of Total Assets | 99.16% |
| Annual Growth Rate | -5.95% |
| 5-Year Change | 915.96% |
| 10-Year Change | 378.01% |
| Growth Volatility | 604.22 |
Vela Technologies Plc - Net Assets Trend (2000–2024)
This chart illustrates how Vela Technologies 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 Vela Technologies Plc (2000–2024)
The table below shows the annual net assets of Vela Technologies Plc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | GBX6.24 Million | -10.95% |
| 2023-03-31 | GBX7.00 Million | -5.06% |
| 2022-03-31 | GBX7.38 Million | +2.44% |
| 2021-03-31 | GBX7.20 Million | +1072.96% |
| 2020-03-31 | GBX614.00K | -44.88% |
| 2019-03-31 | GBX1.11 Million | -58.25% |
| 2018-03-31 | GBX2.67 Million | -10.14% |
| 2017-03-31 | GBX2.97 Million | +50.25% |
| 2016-03-31 | GBX1.98 Million | +51.42% |
| 2015-03-31 | GBX1.30 Million | +63.53% |
| 2014-03-31 | GBX798.00K | +1946.15% |
| 2013-03-31 | GBX39.00K | +104.44% |
| 2012-03-31 | GBX-879.00K | -1065.93% |
| 2010-12-31 | GBX91.00K | +104.27% |
| 2009-12-31 | GBX-2.13 Million | -154.23% |
| 2008-12-31 | GBX-839.00K | -135.81% |
| 2007-12-31 | GBX2.34 Million | -68.04% |
| 2006-12-31 | GBX7.33 Million | -26.36% |
| 2005-12-31 | GBX9.95 Million | -0.34% |
| 2004-12-31 | GBX9.99 Million | +37.61% |
| 2003-12-31 | GBX7.26 Million | +1402.69% |
| 2003-03-31 | GBX483.00K | -66.13% |
| 2002-03-31 | GBX1.43 Million | -38.45% |
| 2001-06-30 | GBX2.32 Million | -91.34% |
| 2000-06-30 | GBX26.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vela Technologies 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 410800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX3.32 Million | 53.22% |
| Other Comprehensive Income | GBX1.67 Million | 26.80% |
| Other Components | GBX5.95 Million | 95.37% |
| Total Equity | GBX6.24 Million | 100.00% |
Vela Technologies Plc Competitors by Market Cap
The table below lists competitors of Vela Technologies Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rjd Green Inc
PINK:RJDG
|
$55.80 |
|
DIGICUT ADVERTISING & PRODUCTION LIMITED
GSE:DIGICUT
|
$55.81 |
|
BAOXIN AUTO GRP
BE:6BA
|
$55.87 |
|
Mobeus Income And Growth Vct Plc
LSE:MIX
|
$55.97 |
|
Wellex Industries Inc
PSE:WIN
|
$55.33 |
|
Aspire Capital Holding For Financial Investments
EGX:ASPI
|
$55.03 |
|
SME Leasing Ltd
KAR:SLL
|
$54.97 |
|
COCOA PROCESSING COMPANY
GSE:CPC
|
$54.86 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vela Technologies Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,005,000 to 6,238,000, a change of -767,000 (-10.9%).
- Net loss of 777,000 reduced equity.
- New share issuances of 50,000 increased equity.
- Other comprehensive income increased equity by 1,626,000.
- Other factors decreased equity by 1,666,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-777.00K | -12.46% |
| Share Issuances | GBX50.00K | +0.8% |
| Other Comprehensive Income | GBX1.63 Million | +26.07% |
| Other Changes | GBX-1.67 Million | -26.71% |
| Total Change | GBX- | -10.95% |
Book Value vs Market Value Analysis
This analysis compares Vela Technologies 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: 6.37x
- 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 0.00x to 6.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | GBX13.89 | GBX0.00 | x |
| 2001-06-30 | GBX0.84 | GBX0.00 | x |
| 2002-03-31 | GBX0.47 | GBX0.00 | x |
| 2003-03-31 | GBX0.12 | GBX0.00 | x |
| 2003-12-31 | GBX1.81 | GBX0.00 | x |
| 2004-12-31 | GBX0.51 | GBX0.00 | x |
| 2005-12-31 | GBX0.53 | GBX0.00 | x |
| 2006-12-31 | GBX0.33 | GBX0.00 | x |
| 2007-12-31 | GBX0.11 | GBX0.00 | x |
| 2008-12-31 | GBX-0.04 | GBX0.00 | x |
| 2009-12-31 | GBX-0.06 | GBX0.00 | x |
| 2010-12-31 | GBX0.00 | GBX0.00 | x |
| 2012-03-31 | GBX-0.01 | GBX0.00 | x |
| 2013-03-31 | GBX0.00 | GBX0.00 | x |
| 2014-03-31 | GBX0.00 | GBX0.00 | x |
| 2015-03-31 | GBX0.00 | GBX0.00 | x |
| 2016-03-31 | GBX0.00 | GBX0.00 | x |
| 2017-03-31 | GBX0.00 | GBX0.00 | x |
| 2018-03-31 | GBX0.00 | GBX0.00 | x |
| 2019-03-31 | GBX0.00 | GBX0.00 | x |
| 2020-03-31 | GBX0.00 | GBX0.00 | x |
| 2021-03-31 | GBX0.00 | GBX0.00 | x |
| 2022-03-31 | GBX0.00 | GBX0.00 | x |
| 2023-03-31 | GBX0.00 | GBX0.00 | x |
| 2024-03-31 | GBX0.00 | GBX0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vela Technologies 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): -12.46%
- 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: 1.01x
- Recent ROE (-12.46%) is above the historical average (-22.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -2.22% | -4250.00% | 0.00x | 1.01x | GBX-3.27 Million |
| 2001 | -1055.03% | -6080.85% | 0.15x | 1.18x | GBX-24.68 Million |
| 2002 | -129.24% | -155.13% | 0.31x | 2.66x | GBX-1.99 Million |
| 2003 | -290.89% | -74.69% | 0.88x | 4.43x | GBX-1.45 Million |
| 2004 | 19.45% | 13.13% | 1.05x | 1.42x | GBX944.20K |
| 2005 | -4.96% | -2.40% | 1.43x | 1.44x | GBX-1.49 Million |
| 2006 | -50.32% | -48.51% | 0.51x | 2.05x | GBX-3.78 Million |
| 2007 | -304.52% | -75.65% | 1.80x | 2.23x | GBX-7.37 Million |
| 2008 | 0.00% | -19.31% | 2.68x | 0.00x | GBX-2.75 Million |
| 2009 | 0.00% | -41.76% | 0.84x | 0.00x | GBX-2.36 Million |
| 2010 | 1471.43% | 27.30% | 1.33x | 40.48x | GBX1.33 Million |
| 2012 | 0.00% | -66.97% | 1.24x | 0.00x | GBX-856.20K |
| 2013 | 243.59% | 0.00% | 0.00x | 2.95x | GBX91.10K |
| 2014 | -14.79% | -2950.00% | 0.00x | 1.05x | GBX-197.80K |
| 2015 | -23.22% | -3787.50% | 0.01x | 1.02x | GBX-433.50K |
| 2016 | -0.02% | -3900.00% | 0.00x | 1.09x | GBX-197.95K |
| 2017 | -2.43% | -1028.57% | 0.00x | 1.30x | GBX-368.90K |
| 2018 | -6.00% | -21.89% | 0.20x | 1.36x | GBX-426.80K |
| 2019 | -139.50% | 0.00% | 0.00x | 1.92x | GBX-1.67 Million |
| 2020 | -229.97% | 0.00% | 0.00x | 1.98x | GBX-1.47 Million |
| 2021 | 5.28% | 0.00% | 0.00x | 1.01x | GBX-340.20K |
| 2022 | -14.61% | 0.00% | 0.00x | 1.00x | GBX-1.82 Million |
| 2023 | -5.40% | 0.00% | 0.00x | 1.01x | GBX-1.08 Million |
| 2024 | -12.46% | 0.00% | 0.00x | 1.01x | GBX-1.40 Million |
Industry Comparison
This section compares Vela Technologies Plc'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 |
|---|---|---|---|---|
| Vela Technologies Plc (VELA) | GBX6.24 Million | -2.22% | 0.01x | $55.40 |
| 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 |