SOLARGIGA ENERGY
SOLARGIGA ENERGY operates in Diversified Metals & Mining.
SOLARGIGA ENERGY (3FV) - Net Assets
Latest net assets as of December 2023: €1.19 Billion EUR
Based on the latest financial reports, SOLARGIGA ENERGY (3FV) has net assets worth €1.19 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.67 Billion) and total liabilities (€4.48 Billion). 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 | €1.19 Billion |
| % of Total Assets | 21.05% |
| Annual Growth Rate | 4.47% |
| 5-Year Change | 161.9% |
| 10-Year Change | N/A |
| Growth Volatility | 50.26 |
SOLARGIGA ENERGY - Net Assets Trend (2016–2023)
This chart illustrates how SOLARGIGA ENERGY's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SOLARGIGA ENERGY (2016–2023)
The table below shows the annual net assets of SOLARGIGA ENERGY from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.19 Billion | -1.04% |
| 2022-12-31 | €1.21 Billion | +79.34% |
| 2021-12-31 | €672.28 Million | +97.73% |
| 2020-12-31 | €340.00 Million | -25.37% |
| 2019-12-31 | €455.57 Million | -43.62% |
| 2018-12-31 | €807.99 Million | -21.97% |
| 2017-12-31 | €1.04 Billion | +17.84% |
| 2016-12-31 | €878.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SOLARGIGA ENERGY'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 45962600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.04 Billion | 173.26% |
| Total Equity | €1.18 Billion | 100.00% |
SOLARGIGA ENERGY Competitors by Market Cap
The table below lists competitors of SOLARGIGA ENERGY ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lotus For Agricultural Investments And Development
EGX:LUTS
|
$99.10 |
|
Fuego Enterprises Inc
PINK:FUGI
|
$99.30 |
|
Onassis Holdings Corp
PINK:ONSS
|
$99.32 |
|
MULTIVERSE MINING AND EXPLORATION PLC
XNSA:MULTIVERSE
|
$99.33 |
|
Suntrust Home Developers Inc
PSE:SUN
|
$98.98 |
|
Community Choice Financial Holdings LLC
OTCGREY:CCFLU
|
$98.84 |
|
Cloudcoco Group PLC
LSE:CLCO
|
$98.81 |
|
PT Bank Maybank Indonesia Tbk
F:BOZA
|
$98.38 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SOLARGIGA ENERGY's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,101,604,000 to 1,177,024,000, a change of 75,420,000 (6.8%).
- Net income of 111,906,000 contributed positively to equity growth.
- Dividend payments of 253,246,000 reduced retained earnings.
- Other factors increased equity by 216,760,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €111.91 Million | +9.51% |
| Dividends Paid | €253.25 Million | -21.52% |
| Other Changes | €216.76 Million | +18.42% |
| Total Change | €- | 6.85% |
Book Value vs Market Value Analysis
This analysis compares SOLARGIGA ENERGY'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: 0.03x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.30 | €0.01 | x |
| 2018-12-31 | €0.22 | €0.01 | x |
| 2019-12-31 | €0.14 | €0.01 | x |
| 2020-12-31 | €0.04 | €0.01 | x |
| 2021-12-31 | €0.11 | €0.01 | x |
| 2022-12-31 | €0.33 | €0.01 | x |
| 2023-12-31 | €0.35 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SOLARGIGA ENERGY 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): 9.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.56%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 4.82x
- Recent ROE (9.51%) is above the historical average (-17.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -29.51% | -7.92% | 0.71x | 5.27x | €-320.20 Million |
| 2017 | 11.31% | 2.69% | 0.87x | 4.85x | €12.43 Million |
| 2018 | -31.07% | -5.53% | 0.88x | 6.38x | €-293.97 Million |
| 2019 | -81.97% | -8.03% | 1.00x | 10.21x | €-398.86 Million |
| 2020 | -153.43% | -3.56% | 1.08x | 39.85x | €-229.70 Million |
| 2021 | 51.33% | 4.16% | 0.74x | 16.71x | €155.58 Million |
| 2022 | 86.89% | 13.93% | 0.89x | 7.02x | €847.00 Million |
| 2023 | 9.51% | 1.56% | 1.27x | 4.82x | €-5.80 Million |
Industry Comparison
This section compares SOLARGIGA ENERGY's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SOLARGIGA ENERGY (3FV) | €1.19 Billion | -29.51% | 3.75x | $99.09 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |