SINO-OCEAN LAND
SINO-OCEAN LAND operates in Diversified Metals & Mining.
SINO-OCEAN LAND (3SD) - Net Assets
Latest net assets as of December 2023: €20.79 Billion EUR
Based on the latest financial reports, SINO-OCEAN LAND (3SD) has net assets worth €20.79 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 (€206.17 Billion) and total liabilities (€185.38 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 | €20.79 Billion |
| % of Total Assets | 10.08% |
| Annual Growth Rate | -11.61% |
| 5-Year Change | -68.31% |
| 10-Year Change | N/A |
| Growth Volatility | 26.22 |
SINO-OCEAN LAND - Net Assets Trend (2016–2023)
This chart illustrates how SINO-OCEAN LAND's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SINO-OCEAN LAND (2016–2023)
The table below shows the annual net assets of SINO-OCEAN LAND from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €20.79 Billion | -53.57% |
| 2022-12-31 | €44.78 Billion | -41.42% |
| 2021-12-31 | €76.45 Billion | +9.36% |
| 2020-12-31 | €69.91 Billion | +6.54% |
| 2019-12-31 | €65.61 Billion | +3.92% |
| 2018-12-31 | €63.14 Billion | +7.51% |
| 2017-12-31 | €58.73 Billion | +19.05% |
| 2016-12-31 | €49.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SINO-OCEAN LAND'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 170.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €19.47 Billion | 277.08% |
| Total Equity | €7.03 Billion | 100.00% |
SINO-OCEAN LAND Competitors by Market Cap
The table below lists competitors of SINO-OCEAN LAND ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Industrial Distribution Group Inc
PINK:IDGR
|
$101.17 |
|
Tenon Medical, Inc. Warrant
NASDAQ:TNONW
|
$101.28 |
|
EP3Oil, Inc.
PINK:EEEP
|
$101.31 |
|
Foresight Solar & Techn VCT PLC Foresight Williams Tech Shares
LSE:FWT
|
$101.56 |
|
INTILAND DEV
MU:DIIA
|
$101.04 |
|
Resqunit AB
ST:RESQ
|
$100.99 |
|
Pardus Ventures Inc.
V:PDVN-P
|
$100.82 |
|
Pennexx Foods Inc
PINK:PNNX
|
$100.75 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SINO-OCEAN LAND's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 28,641,157,000 to 7,028,557,000, a change of -21,612,600,000 (-75.5%).
- Net loss of 21,096,541,000 reduced equity.
- Other factors decreased equity by 516,059,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-21.10 Billion | -300.15% |
| Other Changes | €-516.06 Million | -7.34% |
| Total Change | €- | -75.46% |
Book Value vs Market Value Analysis
This analysis compares SINO-OCEAN LAND'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: 0.01x
- 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 | €6.45 | €0.01 | x |
| 2018-12-31 | €6.40 | €0.01 | x |
| 2019-12-31 | €6.60 | €0.01 | x |
| 2020-12-31 | €7.09 | €0.01 | x |
| 2021-12-31 | €7.25 | €0.01 | x |
| 2022-12-31 | €3.76 | €0.01 | x |
| 2023-12-31 | €0.92 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SINO-OCEAN LAND 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): -300.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.41%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 29.33x
- Recent ROE (-300.15%) is below the historical average (-40.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.66% | 11.03% | 0.23x | 3.44x | €-587.63 Million |
| 2017 | 10.55% | 11.16% | 0.24x | 3.96x | €265.19 Million |
| 2018 | 7.39% | 8.63% | 0.17x | 5.15x | €-1.26 Billion |
| 2019 | 5.32% | 5.22% | 0.21x | 4.88x | €-2.33 Billion |
| 2020 | 5.34% | 5.07% | 0.22x | 4.84x | €-2.50 Billion |
| 2021 | 4.96% | 4.25% | 0.23x | 5.11x | €-2.78 Billion |
| 2022 | -66.47% | -41.27% | 0.19x | 8.48x | €-21.90 Billion |
| 2023 | -300.15% | -45.41% | 0.23x | 29.33x | €-21.80 Billion |
Industry Comparison
This section compares SINO-OCEAN LAND'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 |
|---|---|---|---|---|
| SINO-OCEAN LAND (3SD) | €20.79 Billion | 8.66% | 8.92x | $101.05 |
| 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 |