FBS Global Limited Ordinary Shares (FBGL) - Net Assets
Based on the latest financial reports, FBS Global Limited Ordinary Shares (FBGL) has net assets worth $4.28 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.69 Million) and total liabilities ($11.41 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. Read total liabilities of FBS Global Limited Ordinary Shares for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.28 Million |
| % of Total Assets | 27.27% |
| Annual Growth Rate | 29.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 63.92 |
FBS Global Limited Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how FBS Global Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore FBS Global Limited Ordinary Shares total assets for the complete picture of this company's asset base.
Annual Net Assets for FBS Global Limited Ordinary Shares (2020–2024)
The table below shows the annual net assets of FBS Global Limited Ordinary Shares from 2020 to 2024. For live valuation and market cap data, see FBGL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.28 Million | -15.99% |
| 2023-12-31 | $5.09 Million | +0.09% |
| 2022-12-31 | $5.09 Million | +33.20% |
| 2021-12-31 | $3.82 Million | +147.58% |
| 2020-12-31 | $1.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FBS Global 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 190.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.58 Million | 36.92% |
| Common Stock | $15.20K | 0.36% |
| Other Components | $2.68 Million | 62.73% |
| Total Equity | $4.28 Million | 100.00% |
FBS Global Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of FBS Global Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MILA RESOUR. PLC LS-01
F:HN0
|
$7.79 Million |
|
Aterian Inc
NASDAQ:ATER
|
$7.79 Million |
|
Brunner Investment Trust
LSE:BUT
|
$7.80 Million |
|
UNITEDLABELS Aktiengesellschaft
F:ULC
|
$7.80 Million |
|
Grolleau SAS
PA:ALGRO
|
$7.79 Million |
|
Union Technologies Informatique Group S.A
PA:FPG
|
$7.79 Million |
|
Azarga Metals Corp
V:AZR
|
$7.79 Million |
|
CYL Corporation Bhd
KLSE:7157
|
$7.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FBS Global Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,094,513 to 4,280,147, a change of -814,366 (-16.0%).
- Net loss of 814,366 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-814.37K | -19.03% |
| Total Change | $- | -15.99% |
Book Value vs Market Value Analysis
This analysis compares FBS Global 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: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.61x to 1.82x 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 | $0.58 | x |
| 2021-12-31 | $0.25 | $0.58 | x |
| 2022-12-31 | $0.38 | $0.58 | x |
| 2023-12-31 | $0.38 | $0.58 | x |
| 2024-12-31 | $0.32 | $0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FBS Global 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): -19.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.88%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 3.67x
- Recent ROE (-19.03%) is below the historical average (-1.57%), 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 | -36.80% | -9.99% | 0.35x | 10.41x | $-722.26K |
| 2021 | 46.52% | 7.82% | 1.18x | 5.03x | $1.40 Million |
| 2022 | 1.35% | 0.41% | 0.98x | 3.38x | $-440.36K |
| 2023 | 0.09% | 0.02% | 1.19x | 3.59x | $-504.77K |
| 2024 | -19.03% | -5.88% | 0.88x | 3.67x | $-1.24 Million |
Industry Comparison
This section compares FBS Global Limited Ordinary Shares's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,104,036,845
- Average return on equity (ROE) among peers: -9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FBS Global Limited Ordinary Shares (FBGL) | $4.28 Million | -36.80% | 2.67x | $7.79 Million |
| Arcosa Inc (ACA) | $2.18 Billion | 11.25% | 0.53x | $5.50 Billion |
| Aecom Technology Corporation (ACM) | $2.37 Billion | 16.97% | 4.09x | $10.87 Billion |
| Argan Inc (AGX) | $41.87 Million | -7.66% | 2.48x | $6.36 Billion |
| Ameresco Inc (AMRC) | $289.54 Million | 1.03% | 1.52x | $1.09 Billion |
| Api Group Corp (APG) | $2.87 Billion | 5.33% | 1.65x | $19.15 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $267.11 Million | -22.93% | 1.90x | $342.26 Million |
| Topbuild Corp (BLD) | $1.93 Billion | 28.81% | 1.39x | $12.32 Billion |
| Blink Charging Co (BLNK) | $7.43 Million | -129.79% | 0.61x | $95.19 Million |
| Bowman Consulting Group Ltd (BWMN) | $122.86 Million | 4.07% | 1.08x | $483.57 Million |
| Cadeler A/S (CDLR) | $959.04 Million | 1.20% | 0.31x | $2.10 Billion |
About FBS Global Limited Ordinary Shares
FBS Global Limited, together with its subsidiaries, operates as a building contractor in Singapore. The company provides construction and engineering services, including the supply of building materials and precast concrete components, recycling of construction and industrial wastes, research, and development, as well as pavement consultancy services. It also engages in the design, supply, and in… Read more