Intercont (Cayman) Limited Ordinary shares (NCT) - Net Assets
Based on the latest financial reports, Intercont (Cayman) Limited Ordinary shares (NCT) has net assets worth $13.18 Million USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.29 Million) and total liabilities ($50.11 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 Intercont (Cayman) Limited Ordinary shar debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.18 Million |
| % of Total Assets | 20.82% |
| Annual Growth Rate | -0.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.64 |
Intercont (Cayman) Limited Ordinary shares - Net Assets Trend (2022–2024)
This chart illustrates how Intercont (Cayman) Limited Ordinary shares's net assets have evolved over time, based on quarterly financial data. Also explore Intercont (Cayman) Limited Ordinary shar asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Intercont (Cayman) Limited Ordinary shares (2022–2024)
The table below shows the annual net assets of Intercont (Cayman) Limited Ordinary shares from 2022 to 2024. For live valuation and market cap data, see NCT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $10.93 Million | -39.11% |
| 2023-06-30 | $17.95 Million | +64.18% |
| 2022-06-30 | $10.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Intercont (Cayman) 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 decreased by 14.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.26 Million | 84.73% |
| Common Stock | $2.50K | 0.02% |
| Other Components | $1.67 Million | 15.25% |
| Total Equity | $10.93 Million | 100.00% |
Intercont (Cayman) Limited Ordinary shares Competitors by Market Cap
The table below lists competitors of Intercont (Cayman) Limited Ordinary shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kudelski
SW:KUD
|
$81.45 Million |
|
ATHOS IMMO (IJM.SG)
STU:IJM
|
$81.46 Million |
|
Done.ai Group AB
ST:DONE
|
$81.47 Million |
|
The Naga Group AG
XETRA:N4G
|
$81.47 Million |
|
Tah Kong Chemical Industrial
TWO:4706
|
$81.42 Million |
|
Asiana IDT Inc
KO:267850
|
$81.39 Million |
|
Genasys Inc
NASDAQ:GNSS
|
$81.38 Million |
|
Helius Medical Technologies Inc Class A
NASDAQ:HSDT
|
$81.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Intercont (Cayman) Limited Ordinary shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,954,288 to 10,932,803, a change of -7,021,485 (-39.1%).
- Net income of 3,140,068 contributed positively to equity growth.
- Dividend payments of 11,800,000 reduced retained earnings.
- New share issuances of 1,649,985 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.14 Million | +28.72% |
| Dividends Paid | $11.80 Million | -107.93% |
| Share Issuances | $1.65 Million | +15.09% |
| Other Changes | $-11.54K | -0.11% |
| Total Change | $- | -39.11% |
Book Value vs Market Value Analysis
This analysis compares Intercont (Cayman) 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: 6.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | $0.44 | $3.01 | x |
| 2023-06-30 | $0.73 | $3.01 | x |
| 2024-06-30 | $0.44 | $3.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Intercont (Cayman) 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): 28.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.30%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 5.96x
- Recent ROE (28.72%) is below the historical average (55.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 78.09% | 27.13% | 0.45x | 6.33x | $7.40 Million |
| 2023 | 60.55% | 33.51% | 0.40x | 4.47x | $9.08 Million |
| 2024 | 28.72% | 12.30% | 0.39x | 5.96x | $2.05 Million |
Industry Comparison
This section compares Intercont (Cayman) Limited Ordinary shares's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $554,738,910
- Average return on equity (ROE) among peers: 7.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Intercont (Cayman) Limited Ordinary shares (NCT) | $13.18 Million | 78.09% | 3.80x | $81.42 Million |
| Ardmore Shpng (ASC) | $61.60 Million | -4.83% | 1.61x | $552.67 Million |
| BW LPG Limited (BWLP) | $1.38 Billion | 13.35% | 0.71x | $2.23 Billion |
| Capital Clean Energy Carriers Corp. (CCEC) | $239.76 Million | 7.33% | 2.16x | $1.19 Billion |
| C3is Inc. (CISS) | $43.89 Million | 1.26% | 0.02x | $1.91 Million |
| Costamare Bulkers Holdings Limited (CMDB) | $781.77 Million | -5.39% | 0.40x | $402.68 Million |
| Costamare Inc (CMRE) | $1.36 Billion | 4.95% | 1.25x | $1.99 Billion |
| Castor Maritime Inc (CTRM) | $13.20 Million | 8.24% | 1.30x | $20.00 Million |
| Danaos Corporation (DAC) | $548.71 Million | 15.29% | 4.44x | $2.12 Billion |
| Diana Shipping Inc. (DSX) | $775.48 Million | 28.59% | 0.36x | $206.08 Million |
| Okeanis Eco Tankers Corp. (ECO) | $341.69 Million | 3.33% | 2.25x | $1.68 Billion |
About Intercont (Cayman) Limited Ordinary shares
Intercont (Cayman) Limited, through its subsidiaries, provides maritime shipping services in Hong Kong and internationally. The company offers time charter and vessel management services worldwide. It is also involved in the processing of pulp, paper, and paperboard products. Intercont (Cayman) Limited was incorporated in 2023 and is based in Causeway Bay, Hong Kong.