HORN PETROLEUM
HORN PETROLEUM operates in Diversified Metals & Mining.
HORN PETROLEUM (H73) - Net Assets
Latest net assets as of June 2024: €60.40 Million EUR
Based on the latest financial reports, HORN PETROLEUM (H73) has net assets worth €60.40 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€69.09 Million) and total liabilities (€8.70 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 | €60.40 Million |
| % of Total Assets | 87.41% |
| Annual Growth Rate | 34.38% |
| 5-Year Change | 218.13% |
| 10-Year Change | N/A |
| Growth Volatility | 186.49 |
HORN PETROLEUM - Net Assets Trend (2016–2023)
This chart illustrates how HORN PETROLEUM's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HORN PETROLEUM (2016–2023)
The table below shows the annual net assets of HORN PETROLEUM from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €131.85 Million | -47.06% |
| 2022-12-31 | €249.03 Million | -6.22% |
| 2021-12-31 | €265.56 Million | +9.63% |
| 2020-12-31 | €242.24 Million | +484.49% |
| 2019-12-31 | €41.44 Million | -6.28% |
| 2018-12-31 | €44.22 Million | +264.81% |
| 2017-12-31 | €12.12 Million | -27.28% |
| 2016-12-31 | €16.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HORN PETROLEUM'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 14559400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €373.32 Million | 283.15% |
| Total Equity | €131.85 Million | 100.00% |
HORN PETROLEUM Competitors by Market Cap
The table below lists competitors of HORN PETROLEUM ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mendocino Brewing Company Inc
PINK:MENB
|
$222.28 |
|
Canna Consumer Goods Inc
PINK:CBMJ
|
$222.48 |
|
Cirmaker Technology Corporation
PINK:CRKT
|
$222.82 |
|
Henderson European Focus Trust Plc
LSE:HET
|
$223.40 |
|
iExalt Inc
OTCGREY:IEXA
|
$222.05 |
|
AGILE PROP HOLD (A8P.SG)
STU:A8P
|
$221.53 |
|
AJA Health and Wellness Inc.
V:AJA
|
$221.49 |
|
Biostar Pharmaceuticals Inc
PINK:BSPM
|
$221.02 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HORN PETROLEUM's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 249,034,000 to 131,846,000, a change of -117,188,000 (-47.1%).
- Net loss of 119,776,000 reduced equity.
- Other factors increased equity by 2,588,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-119.78 Million | -90.85% |
| Other Changes | €2.59 Million | +1.96% |
| Total Change | €- | -47.06% |
Book Value vs Market Value Analysis
This analysis compares HORN PETROLEUM'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: 0.24x
- 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 decreased from 0.59x to 0.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.04 | €0.02 | x |
| 2018-12-31 | €0.06 | €0.02 | x |
| 2019-12-31 | €0.06 | €0.02 | x |
| 2020-12-31 | €0.17 | €0.02 | x |
| 2021-12-31 | €0.19 | €0.02 | x |
| 2022-12-31 | €0.18 | €0.02 | x |
| 2023-12-31 | €0.09 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HORN PETROLEUM 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): -90.85%
- 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: 1.05x
- Recent ROE (-90.85%) is below the historical average (-24.70%), 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 | -25.18% | 0.00% | 0.00x | 1.03x | €-5.87 Million |
| 2017 | -39.14% | 0.00% | 0.00x | 1.44x | €-5.96 Million |
| 2018 | -29.59% | 0.00% | 0.00x | 1.00x | €-17.51 Million |
| 2019 | -10.90% | 0.00% | 0.00x | 1.01x | €-8.66 Million |
| 2020 | -1.76% | 0.00% | 0.00x | 1.01x | €-28.49 Million |
| 2021 | 8.12% | 0.00% | 0.00x | 1.01x | €-4.99 Million |
| 2022 | -8.34% | 0.00% | 0.00x | 1.03x | €-45.68 Million |
| 2023 | -90.85% | 0.00% | 0.00x | 1.05x | €-132.96 Million |
Industry Comparison
This section compares HORN PETROLEUM'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 |
|---|---|---|---|---|
| HORN PETROLEUM (H73) | €60.40 Million | -25.18% | 0.14x | $222.08 |
| 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 |