Woodbois Ltd
Woodbois Limited, together with its subsidiaries, engages in the forestry, timber trading, and carbon solutions in Guernsey, Denmark, Mozambique, and the United Kingdom. The company offers sawmill timber and veneer for construction, interior design, and carpentry applications. It is also involved in provision of shared services; and property holding activities. The company was formerly known as O… Read more
Woodbois Ltd (WBI) - Net Assets
Latest net assets as of June 2024: GBX151.22 Million GBX
Based on the latest financial reports, Woodbois Ltd (WBI) has net assets worth GBX151.22 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX217.91 Million) and total liabilities (GBX66.69 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 | GBX151.22 Million |
| % of Total Assets | 69.4% |
| Annual Growth Rate | 9.06% |
| 5-Year Change | 29.68% |
| 10-Year Change | 4.47% |
| Growth Volatility | 30.89 |
Woodbois Ltd - Net Assets Trend (2008–2023)
This chart illustrates how Woodbois Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Woodbois Ltd (2008–2023)
The table below shows the annual net assets of Woodbois Ltd from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX151.97 Million | +2.75% |
| 2022-12-31 | GBX147.91 Million | -42.77% |
| 2021-12-31 | GBX258.45 Million | +64.80% |
| 2020-12-31 | GBX156.83 Million | +33.83% |
| 2019-12-31 | GBX117.19 Million | -9.52% |
| 2018-12-31 | GBX129.52 Million | -4.17% |
| 2017-12-31 | GBX135.16 Million | +17.09% |
| 2016-12-31 | GBX115.42 Million | -4.29% |
| 2015-12-31 | GBX120.60 Million | -17.10% |
| 2014-12-31 | GBX145.47 Million | -27.92% |
| 2013-12-31 | GBX201.83 Million | +57.18% |
| 2012-12-31 | GBX128.41 Million | +24.13% |
| 2011-12-31 | GBX103.44 Million | +51.91% |
| 2010-12-31 | GBX68.10 Million | +38.81% |
| 2009-12-31 | GBX49.06 Million | +18.53% |
| 2008-12-31 | GBX41.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Woodbois Ltd'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 4324684763.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX42.93 Million | 28.25% |
| Common Stock | GBX35.84 Million | 23.59% |
| Other Comprehensive Income | GBX-1.83 Million | -1.20% |
| Other Components | GBX75.02 Million | 49.37% |
| Total Equity | GBX151.97 Million | 100.00% |
Woodbois Ltd Competitors by Market Cap
The table below lists competitors of Woodbois Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CQS Natural Resources Growth and Income plc
LSE:CYN
|
$449.82 |
|
Santa Rosa Resources Corp
V:STR-H
|
$450.78 |
|
Synrgy Corp
PINK:SNGY
|
$452.65 |
|
BERGER PAINTS PLC
XNSA:BERGER
|
$452.68 |
|
VR Factory Games SA
WAR:VRF
|
$449.69 |
|
Regenerx Biopharm In
OTCQB:RGRX
|
$449.00 |
|
Okmin Resources, Inc.
OTCQB:OKMN
|
$448.65 |
|
Eden Hotel Lanka PLC
CM:EDENN0000
|
$448.34 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woodbois Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 147,905,000 to 151,968,000, a change of 4,063,000 (2.7%).
- Net loss of 8,125,000 reduced equity.
- New share issuances of 10,976,000 increased equity.
- Other comprehensive income decreased equity by 500,000.
- Other factors increased equity by 1,712,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-8.12 Million | -5.35% |
| Share Issuances | GBX10.98 Million | +7.22% |
| Other Comprehensive Income | GBX-500.00K | -0.33% |
| Other Changes | GBX1.71 Million | +1.13% |
| Total Change | GBX- | 2.75% |
Book Value vs Market Value Analysis
This analysis compares Woodbois Ltd'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: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.10x to 0.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | GBX0.29 | GBX0.03 | x |
| 2009-12-31 | GBX0.26 | GBX0.03 | x |
| 2010-12-31 | GBX0.27 | GBX0.03 | x |
| 2011-12-31 | GBX0.31 | GBX0.03 | x |
| 2012-12-31 | GBX0.41 | GBX0.03 | x |
| 2013-12-31 | GBX0.53 | GBX0.03 | x |
| 2014-12-31 | GBX0.45 | GBX0.03 | x |
| 2015-12-31 | GBX0.35 | GBX0.03 | x |
| 2016-12-31 | GBX0.33 | GBX0.03 | x |
| 2017-12-31 | GBX0.27 | GBX0.03 | x |
| 2018-12-31 | GBX0.40 | GBX0.03 | x |
| 2019-12-31 | GBX0.26 | GBX0.03 | x |
| 2020-12-31 | GBX0.13 | GBX0.03 | x |
| 2021-12-31 | GBX0.10 | GBX0.03 | x |
| 2022-12-31 | GBX0.06 | GBX0.03 | x |
| 2023-12-31 | GBX0.04 | GBX0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woodbois Ltd 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): -5.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -102.33%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.43x
- Recent ROE (-5.35%) is below the historical average (-3.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -0.76% | 0.00% | 0.00x | 1.01x | GBX-4.45 Million |
| 2009 | 6.02% | 0.00% | 0.00x | 1.06x | GBX-1.95 Million |
| 2010 | -14.04% | -646.15% | 0.02x | 1.19x | GBX-14.21 Million |
| 2011 | -8.02% | -506.98% | 0.01x | 1.68x | GBX-12.93 Million |
| 2012 | 21.76% | 1450.48% | 0.01x | 1.45x | GBX11.77 Million |
| 2013 | 28.38% | 7557.57% | 0.00x | 2.10x | GBX24.54 Million |
| 2014 | -17.55% | -792.43% | 0.01x | 1.73x | GBX-32.76 Million |
| 2015 | -21.61% | -2268.89% | 0.00x | 1.97x | GBX-28.81 Million |
| 2016 | -5.12% | -706.98% | 0.00x | 2.08x | GBX-13.16 Million |
| 2017 | 8.61% | 124.95% | 0.04x | 1.94x | GBX-1.59 Million |
| 2018 | -5.10% | -49.10% | 0.06x | 1.76x | GBX-19.55 Million |
| 2019 | -2.56% | -15.44% | 0.08x | 1.95x | GBX-14.72 Million |
| 2020 | -4.08% | -41.88% | 0.06x | 1.50x | GBX-22.07 Million |
| 2021 | 34.87% | 515.95% | 0.05x | 1.46x | GBX64.27 Million |
| 2022 | -75.18% | -481.18% | 0.10x | 1.52x | GBX-125.98 Million |
| 2023 | -5.35% | -102.33% | 0.04x | 1.43x | GBX-23.32 Million |
Industry Comparison
This section compares Woodbois Ltd's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $13,661,000
- Average return on equity (ROE) among peers: 9.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woodbois Ltd (WBI) | GBX151.22 Million | -0.76% | 0.44x | $449.72 |
| James Latham PLC (LTHM) | $13.66 Million | 9.61% | 0.61x | $25.14K |