The York Water Company
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; ten wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.5 billion gallons of water. The company operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns satellite… Read more
The York Water Company (YORW) - Net Assets
Latest net assets as of September 2025: $238.02 Million USD
Based on the latest financial reports, The York Water Company (YORW) has net assets worth $238.02 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 ($667.06 Million) and total liabilities ($429.04 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 | $238.02 Million |
| % of Total Assets | 35.68% |
| Annual Growth Rate | 8.49% |
| 5-Year Change | 61.39% |
| 10-Year Change | 111.97% |
| Growth Volatility | 9.23 |
The York Water Company - Net Assets Trend (1995–2024)
This chart illustrates how The York Water Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The York Water Company (1995–2024)
The table below shows the annual net assets of The York Water Company from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $231.19 Million | +4.53% |
| 2023-12-31 | $221.18 Million | +6.75% |
| 2022-12-31 | $207.18 Million | +35.75% |
| 2021-12-31 | $152.62 Million | +6.54% |
| 2020-12-31 | $143.25 Million | +6.76% |
| 2019-12-31 | $134.19 Million | +6.33% |
| 2018-12-31 | $126.19 Million | +5.69% |
| 2017-12-31 | $119.41 Million | +4.69% |
| 2016-12-31 | $114.06 Million | +4.58% |
| 2015-12-31 | $109.07 Million | +4.31% |
| 2014-12-31 | $104.56 Million | +1.02% |
| 2013-12-31 | $103.51 Million | +3.69% |
| 2012-12-31 | $99.83 Million | +4.79% |
| 2011-12-31 | $95.27 Million | +4.39% |
| 2010-12-31 | $91.26 Million | +4.99% |
| 2009-12-31 | $86.92 Million | +24.59% |
| 2008-12-31 | $69.77 Million | +3.71% |
| 2007-12-31 | $67.27 Million | +2.92% |
| 2006-12-31 | $65.36 Million | +29.65% |
| 2005-12-31 | $50.41 Million | +4.95% |
| 2004-12-31 | $48.04 Million | +22.99% |
| 2003-12-31 | $39.06 Million | +4.94% |
| 2002-12-31 | $37.22 Million | +3.69% |
| 2001-12-31 | $35.89 Million | +10.65% |
| 2000-12-31 | $32.44 Million | +5.22% |
| 1999-12-31 | $30.83 Million | +1.48% |
| 1998-12-31 | $30.38 Million | +4.22% |
| 1997-12-31 | $29.15 Million | +4.10% |
| 1996-12-31 | $28.00 Million | +28.62% |
| 1995-12-31 | $21.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The York Water Company'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 4949.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $93.10 Million | 40.27% |
| Common Stock | $138.09 Million | 59.73% |
| Total Equity | $231.19 Million | 100.00% |
The York Water Company Competitors by Market Cap
The table below lists competitors of The York Water Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dioo Microcircuits Co. Ltd. Jiangsu A
SHG:688381
|
$407.32 Million |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
$407.33 Million |
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
$407.34 Million |
|
Qianjiang Yongan Pharmaceutical Co Ltd
SHE:002365
|
$407.45 Million |
|
Opko Health Inc
NASDAQ:OPK
|
$407.15 Million |
|
SVOLDER AB B O.N.
F:SKD
|
$407.14 Million |
|
Gansu Dunhuang Seed Co Ltd
SHG:600354
|
$407.03 Million |
|
Beijing Career International Co Ltd
SHE:300662
|
$406.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The York Water Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 221,178,000 to 231,192,000, a change of 10,014,000 (4.5%).
- Net income of 20,325,000 contributed positively to equity growth.
- Dividend payments of 12,088,000 reduced retained earnings.
- New share issuances of 1,669,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $20.32 Million | +8.79% |
| Dividends Paid | $12.09 Million | -5.23% |
| Share Issuances | $1.67 Million | +0.72% |
| Other Changes | $108.00K | +0.05% |
| Total Change | $- | 4.53% |
Book Value vs Market Value Analysis
This analysis compares The York Water Company'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: 1.87x
- 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 10.50x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $2.87 | $30.15 | x |
| 1996-12-31 | $3.55 | $30.15 | x |
| 1997-12-31 | $3.33 | $30.15 | x |
| 1998-12-31 | $3.42 | $30.15 | x |
| 1999-12-31 | $3.42 | $30.15 | x |
| 2000-12-31 | $3.60 | $30.15 | x |
| 2001-12-31 | $3.92 | $30.15 | x |
| 2002-12-31 | $3.93 | $30.15 | x |
| 2003-12-31 | $4.10 | $30.15 | x |
| 2004-12-31 | $4.83 | $30.15 | x |
| 2005-12-31 | $4.84 | $30.15 | x |
| 2006-12-31 | $6.22 | $30.15 | x |
| 2007-12-31 | $5.99 | $30.15 | x |
| 2008-12-31 | $6.17 | $30.15 | x |
| 2009-12-31 | $7.43 | $30.15 | x |
| 2010-12-31 | $7.23 | $30.15 | x |
| 2011-12-31 | $7.48 | $30.15 | x |
| 2012-12-31 | $7.77 | $30.15 | x |
| 2013-12-31 | $8.01 | $30.15 | x |
| 2014-12-31 | $8.12 | $30.15 | x |
| 2015-12-31 | $8.50 | $30.15 | x |
| 2016-12-31 | $8.88 | $30.15 | x |
| 2017-12-31 | $9.29 | $30.15 | x |
| 2018-12-31 | $9.78 | $30.15 | x |
| 2019-12-31 | $10.35 | $30.15 | x |
| 2020-12-31 | $10.99 | $30.15 | x |
| 2021-12-31 | $11.67 | $30.15 | x |
| 2022-12-31 | $14.84 | $30.15 | x |
| 2023-12-31 | $15.47 | $30.15 | x |
| 2024-12-31 | $16.11 | $30.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The York Water Company 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): 8.79%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.11%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.74x
- Recent ROE (8.79%) is below the historical average (10.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 10.62% | 14.97% | 0.17x | 4.15x | $135.07K |
| 1996 | 9.86% | 17.55% | 0.16x | 3.45x | $-40.52K |
| 1997 | 10.70% | 18.36% | 0.17x | 3.39x | $204.98K |
| 1998 | 10.32% | 18.30% | 0.17x | 3.37x | $97.35K |
| 1999 | 10.23% | 18.01% | 0.16x | 3.52x | $71.11K |
| 2000 | 11.58% | 20.33% | 0.16x | 3.59x | $514.01K |
| 2001 | 11.16% | 20.65% | 0.17x | 3.16x | $416.92K |
| 2002 | 10.18% | 19.38% | 0.17x | 3.18x | $68.68K |
| 2003 | 11.39% | 21.30% | 0.16x | 3.26x | $542.64K |
| 2004 | 11.03% | 23.55% | 0.14x | 3.25x | $496.79K |
| 2005 | 11.57% | 21.76% | 0.16x | 3.42x | $791.50K |
| 2006 | 9.32% | 21.25% | 0.15x | 3.00x | $-445.10K |
| 2007 | 9.53% | 20.41% | 0.15x | 3.14x | $-313.20K |
| 2008 | 9.22% | 19.58% | 0.14x | 3.45x | $-545.60K |
| 2009 | 8.64% | 20.28% | 0.15x | 2.86x | $-1.18 Million |
| 2010 | 9.78% | 22.89% | 0.15x | 2.85x | $-196.70K |
| 2011 | 9.54% | 22.36% | 0.15x | 2.88x | $-442.50K |
| 2012 | 9.32% | 22.45% | 0.15x | 2.83x | $-679.50K |
| 2013 | 9.33% | 22.78% | 0.15x | 2.73x | $-697.10K |
| 2014 | 10.98% | 25.02% | 0.15x | 2.91x | $1.03 Million |
| 2015 | 11.45% | 26.52% | 0.15x | 2.87x | $1.58 Million |
| 2016 | 10.39% | 24.89% | 0.15x | 2.81x | $439.90K |
| 2017 | 10.87% | 26.70% | 0.15x | 2.78x | $1.03 Million |
| 2018 | 10.60% | 27.62% | 0.14x | 2.73x | $756.50K |
| 2019 | 10.73% | 27.92% | 0.14x | 2.71x | $983.50K |
| 2020 | 11.59% | 30.82% | 0.13x | 2.84x | $2.27 Million |
| 2021 | 11.13% | 30.81% | 0.12x | 3.01x | $1.72 Million |
| 2022 | 9.45% | 32.60% | 0.12x | 2.46x | $-1.14 Million |
| 2023 | 10.74% | 33.45% | 0.12x | 2.66x | $1.64 Million |
| 2024 | 8.79% | 27.11% | 0.12x | 2.74x | $-2.79 Million |
Industry Comparison
This section compares The York Water Company's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $1,946,316,922
- Average return on equity (ROE) among peers: -30.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The York Water Company (YORW) | $238.02 Million | 10.62% | 1.80x | $407.15 Million |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $26.95 Million | 3.97% | 0.85x | $546.88 Million |
| Artesian Resources Corporation (ARTNB) | $125.61 Million | 7.57% | 2.36x | $294.87 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $11.86 Billion | 5.06% | 1.73x | $59.96 Million |
| American Water Works (AWK) | $4.13 Billion | -13.62% | 2.20x | $26.06 Billion |
| Beijing Enterprises Water Group Limited (BJWTY) | $3.01 Billion | 6.40% | 1.46x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.75 Million | -45.26% | 1.06x | $270.81 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $125.54 Million | 4.86% | 0.23x | $470.88 Million |
| California Water Service Group (CWT) | $157.70 Million | 12.11% | 2.25x | $2.56 Billion |