FOCUS SYSTEMS
FOCUS SYSTEMS operates in Diversified Metals & Mining.
FOCUS SYSTEMS (FSM) - Net Assets
Latest net assets as of March 2024: €13.42 Billion EUR
Based on the latest financial reports, FOCUS SYSTEMS (FSM) has net assets worth €13.42 Billion EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.99 Billion) and total liabilities (€7.57 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 | €13.42 Billion |
| % of Total Assets | 63.92% |
| Annual Growth Rate | 9.17% |
| 5-Year Change | 50.99% |
| 10-Year Change | N/A |
| Growth Volatility | 16.4 |
FOCUS SYSTEMS - Net Assets Trend (2017–2024)
This chart illustrates how FOCUS SYSTEMS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FOCUS SYSTEMS (2017–2024)
The table below shows the annual net assets of FOCUS SYSTEMS from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €13.42 Billion | +4.70% |
| 2023-03-31 | €12.81 Billion | -13.21% |
| 2022-03-31 | €14.76 Billion | +33.45% |
| 2021-03-31 | €11.06 Billion | +24.51% |
| 2020-03-31 | €8.89 Billion | -2.42% |
| 2019-03-31 | €9.11 Billion | -1.03% |
| 2018-03-31 | €9.20 Billion | +26.76% |
| 2017-03-31 | €7.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FOCUS SYSTEMS'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 238.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.00 Billion | 52.20% |
| Other Components | €6.41 Billion | 47.80% |
| Total Equity | €13.42 Billion | 100.00% |
FOCUS SYSTEMS Competitors by Market Cap
The table below lists competitors of FOCUS SYSTEMS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRS Reit PLC
LSE:PRSR
|
$75.52K |
|
TOYOBO
DU:TO7
|
$75.53K |
|
HGM
VN:HGM
|
$75.60K |
|
Tikun Olam Cannbit Pharmaceuticals Ltd
TA:TKUN
|
$75.63K |
|
BLPX39
SA:BLPX39
|
$75.48K |
|
PennantPark Floating Rate Capital Ltd
NYSE:PFLT
|
$75.45K |
|
Rockhopper Exploration
LSE:RKH
|
$75.40K |
|
TERRITORIAL BNC (9TB.SG)
STU:9TB
|
$75.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FOCUS SYSTEMS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,814,123,000 to 13,416,648,000, a change of 602,525,000 (4.7%).
- Net income of 1,406,501,000 contributed positively to equity growth.
- Dividend payments of 542,877,000 reduced retained earnings.
- Other factors decreased equity by 261,099,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.41 Billion | +10.48% |
| Dividends Paid | €542.88 Million | -4.05% |
| Other Changes | €-261.10 Million | -1.95% |
| Total Change | €- | 4.70% |
Book Value vs Market Value Analysis
This analysis compares FOCUS SYSTEMS'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 |
|---|---|---|---|
| 2017-03-31 | €524.24 | €7.44 | x |
| 2018-03-31 | €611.52 | €7.44 | x |
| 2019-03-31 | €605.22 | €7.44 | x |
| 2020-03-31 | €590.56 | €7.44 | x |
| 2021-03-31 | €734.43 | €7.44 | x |
| 2022-03-31 | €979.16 | €7.44 | x |
| 2023-03-31 | €848.98 | €7.44 | x |
| 2024-03-31 | €888.09 | €7.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FOCUS SYSTEMS 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): 10.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.46%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.56x
- Recent ROE (10.48%) is above the historical average (9.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.60% | 3.09% | 1.23x | 2.01x | €-174.32 Million |
| 2018 | 7.82% | 3.72% | 1.13x | 1.85x | €-200.88 Million |
| 2019 | 9.60% | 4.08% | 1.34x | 1.76x | €-36.37 Million |
| 2020 | 10.47% | 4.10% | 1.48x | 1.73x | €41.73 Million |
| 2021 | 9.27% | 4.36% | 1.32x | 1.61x | €-81.31 Million |
| 2022 | 7.22% | 4.06% | 1.12x | 1.58x | €-409.89 Million |
| 2023 | 10.85% | 4.78% | 1.43x | 1.59x | €109.30 Million |
| 2024 | 10.48% | 4.46% | 1.50x | 1.56x | €64.84 Million |
Industry Comparison
This section compares FOCUS SYSTEMS'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 |
|---|---|---|---|---|
| FOCUS SYSTEMS (FSM) | €13.42 Billion | 7.60% | 0.56x | $75.50K |
| 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 |