Primega Group Holdings Limited Ordinary Shares (PGHL) - Net Assets
Based on the latest financial reports, Primega Group Holdings Limited Ordinary Shares (PGHL) has net assets worth $4.29 Million USD as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.37 Million) and total liabilities ($9.08 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 debt load of Primega Group Holdings Limited Ordinary for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.29 Million |
| % of Total Assets | 32.09% |
| Annual Growth Rate | 384.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2474.83 |
Primega Group Holdings Limited Ordinary Shares - Net Assets Trend (2021–2024)
This chart illustrates how Primega Group Holdings Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore how large is Primega Group Holdings Limited Ordinary 's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Primega Group Holdings Limited Ordinary Shares (2021–2024)
The table below shows the annual net assets of Primega Group Holdings Limited Ordinary Shares from 2021 to 2024. For live valuation and market cap data, see Primega Group Holdings Limited Ordinary market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $4.29 Million | +34.12% |
| 2023-03-31 | $3.20 Million | +57.47% |
| 2022-03-31 | $2.03 Million | +5295.66% |
| 2021-03-31 | $37.65K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Primega Group Holdings 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 12066.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.29 Million | 99.94% |
| Common Stock | $1.12K | 0.03% |
| Other Components | $1.28K | 0.03% |
| Total Equity | $4.29 Million | 100.00% |
Primega Group Holdings Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of Primega Group Holdings Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yulho Co. Ltd
KQ:072770
|
$17.23 Million |
|
Carnavale Resources Limited
F:YBB
|
$17.23 Million |
|
SUNEX S.A.
WAR:SNX
|
$17.24 Million |
|
Freeport Resources Inc
V:FRI
|
$17.25 Million |
|
Pointerra Ltd
AU:3DP
|
$17.22 Million |
|
SenzaGen AB
ST:SENZA
|
$17.21 Million |
|
Ridgeline Minerals Corp
V:RDG
|
$17.20 Million |
|
Samyang Holdings Corp
KO:000075
|
$17.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primega Group Holdings Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,198,511 to 4,289,796, a change of 1,091,285 (34.1%).
- Net income of 1,091,285 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.09 Million | +25.44% |
| Total Change | $- | 34.12% |
Book Value vs Market Value Analysis
This analysis compares Primega Group Holdings 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: 3.65x
- 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 415.92x to 3.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $0.00 | $0.65 | x |
| 2022-03-31 | $0.08 | $0.65 | x |
| 2023-03-31 | $0.13 | $0.65 | x |
| 2024-03-31 | $0.18 | $0.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primega Group Holdings 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): 25.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.10%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 3.12x
- Recent ROE (25.44%) is below the historical average (62.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 90.07% | 2.21% | 0.65x | 62.75x | $30.14K |
| 2022 | 98.15% | 19.02% | 1.52x | 3.39x | $1.79 Million |
| 2023 | 36.49% | 10.48% | 0.96x | 3.65x | $847.41K |
| 2024 | 25.44% | 8.10% | 1.01x | 3.12x | $662.31K |
Industry Comparison
This section compares Primega Group Holdings 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 |
|---|---|---|---|---|
| Primega Group Holdings Limited Ordinary Shares (PGHL) | $4.29 Million | 90.07% | 2.12x | $17.22 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 Primega Group Holdings Limited Ordinary Shares
Primega Group Holdings Limited, through its subsidiaries, provides soil and rock transportation services in Hong Kong. The company offers various services, including diesel oil trading; and construction works comprising excavation and lateral support works, and bored piling. It primarily serves foundation and site formation subcontractors of property development and civil engineering projects. Pr… Read more