Davis Commodities Limited Ordinary Shares
Davis Commodities Limited, an investment holding company, operates as an agricultural commodity trading company in Africa, China, Indonesia, Vietnam, the Philippines, Thailand, Singapore, and internationally. It trades in agricultural commodities, including sugar, rice, and oil and fat products under the Maxwill and Taffy brands. The company also provides warehouse handling, storage, and logistic… Read more
Davis Commodities Limited Ordinary Shares (DTCK) - Net Assets
Latest net assets as of September 2025: $5.31 Million USD
Based on the latest financial reports, Davis Commodities Limited Ordinary Shares (DTCK) has net assets worth $5.31 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.84 Million) and total liabilities ($26.53 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 | $5.31 Million |
| % of Total Assets | 16.67% |
| Annual Growth Rate | 29.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 88.52 |
Davis Commodities Limited Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how Davis Commodities Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Davis Commodities Limited Ordinary Shares (2020–2024)
The table below shows the annual net assets of Davis Commodities Limited Ordinary Shares from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.73 Million | -34.42% |
| 2023-12-31 | $10.26 Million | +70.60% |
| 2022-12-31 | $6.01 Million | +190.20% |
| 2021-12-31 | $2.07 Million | -14.59% |
| 2020-12-31 | $2.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Davis Commodities Limited Ordinary Shares'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 148.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.45 Million | 36.45% |
| Other Comprehensive Income | $1.12 Million | 16.71% |
| Other Components | $3.15 Million | 46.84% |
| Total Equity | $6.73 Million | 100.00% |
Davis Commodities Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Davis Commodities Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cuscapi Berhad
KLSE:0051
|
$5.12 Million |
|
Altiplano Metals Inc
PINK:ALTPF
|
$5.12 Million |
|
Empire Resources Ltd
AU:ERL
|
$5.12 Million |
|
Heidelberger Beteiligungsholding AG
F:IPOK
|
$5.13 Million |
|
AGROT
IS:AGROT
|
$5.12 Million |
|
Saeron Auto
KO:075180
|
$5.12 Million |
|
Space-Communication Ltd
PINK:SPMMF
|
$5.12 Million |
|
DS Sigma Holdings Berhad
KLSE:0269
|
$5.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Davis Commodities Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,258,000 to 6,727,000, a change of -3,531,000 (-34.4%).
- Net loss of 3,529,000 reduced equity.
- Other comprehensive income decreased equity by 2,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.53 Million | -52.46% |
| Other Comprehensive Income | $-2.00K | -0.03% |
| Total Change | $- | -34.42% |
Book Value vs Market Value Analysis
This analysis compares Davis Commodities Limited Ordinary Shares'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: 5.57x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.35x to 5.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.10 | $1.53 | x |
| 2021-12-31 | $0.09 | $1.53 | x |
| 2022-12-31 | $0.25 | $1.53 | x |
| 2023-12-31 | $0.42 | $1.53 | x |
| 2024-12-31 | $0.27 | $1.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Davis Commodities Limited Ordinary Shares 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): -52.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.67%
- • Asset Turnover: 6.72x
- • Equity Multiplier: 2.93x
- Recent ROE (-52.46%) is below the historical average (56.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 18.80% | 0.35% | 10.41x | 5.21x | $213.40K |
| 2021 | 226.83% | 2.42% | 7.88x | 11.90x | $4.49 Million |
| 2022 | 76.75% | 2.23% | 11.55x | 2.98x | $4.01 Million |
| 2023 | 10.59% | 0.57% | 6.38x | 2.91x | $60.20K |
| 2024 | -52.46% | -2.67% | 6.72x | 2.93x | $-4.20 Million |
Industry Comparison
This section compares Davis Commodities Limited Ordinary Shares's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,544,899,689
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Davis Commodities Limited Ordinary Shares (DTCK) | $5.31 Million | 18.80% | 5.00x | $5.12 Million |
| African Agriculture Holdings Inc (AAGRW) | $-22.58 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $255.46 Million | -21.61% | 0.26x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $843.66 Million | -17.59% | 0.52x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $18.17 Billion | 11.21% | 1.30x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $471.37 Million | 10.04% | 0.19x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $31.34 Million |
| Adecoagro SA (AGRO) | $757.16 Million | -0.03% | 0.68x | $248.53 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $5.36 Million |
| Alico Inc (ALCO) | $127.55 Million | 14.50% | 0.45x | $229.15 Million |
| Astral Foods Limited (ALFDF) | $4.79 Billion | 22.32% | 0.76x | $170.88 Million |