Cubex Tubings Limited (CUBEXTUB) - Net Assets
Based on the latest financial reports, Cubex Tubings Limited (CUBEXTUB) has net assets worth Rs788.28 Million INR (≈ $8.52 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 (Rs1.52 Billion ≈ $16.39 Million USD) and total liabilities (Rs726.86 Million ≈ $7.86 Million USD). 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. Check how resilient are Cubex Tubings Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs788.28 Million |
| % of Total Assets | 52.03% |
| Annual Growth Rate | N/A |
| 5-Year Change | 27.2% |
| 10-Year Change | 34.31% |
| Growth Volatility | 2775918.44 |
Cubex Tubings Limited - Net Assets Trend (2006–2025)
This chart illustrates how Cubex Tubings Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Cubex Tubings Limited for the complete picture of this company's asset base.
Annual Net Assets for Cubex Tubings Limited (2006–2025)
The table below shows the annual net assets of Cubex Tubings Limited from 2006 to 2025. For live valuation and market cap data, see Cubex Tubings Limited (CUBEXTUB) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs758.54 Million ≈ $8.20 Million |
+9.62% |
| 2024-03-31 | Rs691.96 Million ≈ $7.48 Million |
+6.95% |
| 2023-03-31 | Rs646.99 Million ≈ $7.00 Million |
+4.27% |
| 2022-03-31 | Rs620.51 Million ≈ $6.71 Million |
+4.05% |
| 2021-03-31 | Rs596.34 Million ≈ $6.45 Million |
+2.28% |
| 2020-03-31 | Rs583.04 Million ≈ $6.31 Million |
+0.74% |
| 2019-03-31 | Rs578.75 Million ≈ $6.26 Million |
+1.15% |
| 2018-03-31 | Rs572.16 Million ≈ $6.19 Million |
+0.67% |
| 2017-03-31 | Rs568.33 Million ≈ $6.15 Million |
+0.63% |
| 2016-03-31 | Rs564.79 Million ≈ $6.11 Million |
+0.53% |
| 2015-03-31 | Rs561.83 Million ≈ $6.08 Million |
-0.47% |
| 2014-03-31 | Rs564.47 Million ≈ $6.10 Million |
+4.99% |
| 2013-03-31 | Rs537.62 Million ≈ $5.81 Million |
-100.00% |
| 2012-03-31 | Rs52.63 Trillion ≈ $569.19 Billion |
+12118662.46% |
| 2011-03-31 | Rs434.30 Million ≈ $4.70 Million |
+2.19% |
| 2010-03-31 | Rs424.98 Million ≈ $4.60 Million |
+5.32% |
| 2009-03-31 | Rs403.53 Million ≈ $4.36 Million |
-2.83% |
| 2008-03-31 | Rs415.29 Million ≈ $4.49 Million |
+33.06% |
| 2007-03-31 | Rs312.11 Million ≈ $3.38 Million |
+1545.33% |
| 2006-03-31 | Rs-21.59 Million ≈ $-233.53K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cubex Tubings Limited'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 36133500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs361.33 Million | 47.64% |
| Common Stock | Rs142.60 Million | 18.80% |
| Other Comprehensive Income | Rs26.72 Million | 3.52% |
| Other Components | Rs227.89 Million | 30.04% |
| Total Equity | Rs758.54 Million | 100.00% |
Cubex Tubings Limited Competitors by Market Cap
The table below lists competitors of Cubex Tubings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eratex Djaja Tbk
JK:ERTX
|
$15.23 Million |
|
Loyal Lithium Ltd.
AU:LLI
|
$15.23 Million |
|
Earlyworks Co., Ltd. American Depositary Shares
NASDAQ:ELWS
|
$15.24 Million |
|
MOUNTAIN VALLEY MD HLDGS
F:20MP
|
$15.24 Million |
|
MiniLuxe Holding Corp
V:MNLX
|
$15.20 Million |
|
BEYOND MED TEC. INC. NEW
F:7FM
|
$15.19 Million |
|
Envoy Medical Inc.
NASDAQ:COCH
|
$15.17 Million |
|
Conneqt Health Limited
AU:CQT
|
$15.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cubex Tubings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 691,957,000 to 758,543,000, a change of 66,586,000 (9.6%).
- Net income of 66,586,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 307,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs66.59 Million | +8.78% |
| Other Comprehensive Income | Rs307.00K | +0.04% |
| Other Changes | Rs-307.00K | -0.04% |
| Total Change | Rs- | 9.62% |
Book Value vs Market Value Analysis
This analysis compares Cubex Tubings Limited'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: 1.86x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs-3.52 | Rs98.30 | x |
| 2007-03-31 | Rs51.10 | Rs98.30 | x |
| 2008-03-31 | Rs56.47 | Rs98.30 | x |
| 2009-03-31 | Rs56.14 | Rs98.30 | x |
| 2010-03-31 | Rs57.36 | Rs98.30 | x |
| 2011-03-31 | Rs58.72 | Rs98.30 | x |
| 2012-03-31 | Rs7092574.08 | Rs98.30 | x |
| 2013-03-31 | Rs45.15 | Rs98.30 | x |
| 2014-03-31 | Rs40.07 | Rs98.30 | x |
| 2015-03-31 | Rs39.24 | Rs98.30 | x |
| 2016-03-31 | Rs39.44 | Rs98.30 | x |
| 2017-03-31 | Rs39.69 | Rs98.30 | x |
| 2018-03-31 | Rs39.96 | Rs98.30 | x |
| 2019-03-31 | Rs40.42 | Rs98.30 | x |
| 2020-03-31 | Rs40.72 | Rs98.30 | x |
| 2021-03-31 | Rs41.65 | Rs98.30 | x |
| 2022-03-31 | Rs43.34 | Rs98.30 | x |
| 2023-03-31 | Rs45.18 | Rs98.30 | x |
| 2024-03-31 | Rs48.32 | Rs98.30 | x |
| 2025-03-31 | Rs52.97 | Rs98.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cubex Tubings Limited 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): 8.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.49%
- • Asset Turnover: 1.91x
- • Equity Multiplier: 1.85x
- Recent ROE (8.78%) is above the historical average (3.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 8.87% | 1.94x | 0.00x | Rs58.17 Million |
| 2007 | 30.53% | 10.69% | 1.93x | 1.48x | Rs64.08 Million |
| 2008 | 12.91% | 5.48% | 1.87x | 1.26x | Rs12.08 Million |
| 2009 | -2.92% | -2.39% | 1.02x | 1.19x | Rs-52.12 Million |
| 2010 | 4.39% | 2.90% | 1.27x | 1.19x | Rs-23.84 Million |
| 2011 | 2.15% | 1.69% | 1.07x | 1.18x | Rs-34.11 Million |
| 2012 | 0.00% | 0.68% | 0.00x | 1.19x | Rs-5.26 Trillion |
| 2013 | 0.05% | 0.06% | 0.60x | 1.18x | Rs-53.52 Million |
| 2014 | 0.27% | 0.35% | 0.66x | 1.17x | Rs-54.91 Million |
| 2015 | 0.34% | 0.34% | 0.83x | 1.20x | Rs-54.27 Million |
| 2016 | 0.52% | 0.59% | 0.75x | 1.18x | Rs-53.52 Million |
| 2017 | 0.62% | 0.78% | 0.66x | 1.20x | Rs-53.29 Million |
| 2018 | 0.67% | 0.75% | 0.68x | 1.30x | Rs-53.39 Million |
| 2019 | 1.14% | 0.88% | 0.95x | 1.37x | Rs-51.29 Million |
| 2020 | 0.74% | 0.72% | 0.76x | 1.35x | Rs-54.01 Million |
| 2021 | 2.23% | 1.89% | 0.82x | 1.44x | Rs-46.33 Million |
| 2022 | 3.90% | 1.81% | 1.43x | 1.50x | Rs-37.88 Million |
| 2023 | 4.09% | 1.39% | 1.96x | 1.50x | Rs-38.22 Million |
| 2024 | 5.76% | 1.81% | 2.11x | 1.51x | Rs-29.32 Million |
| 2025 | 8.78% | 2.49% | 1.91x | 1.85x | Rs-9.27 Million |
Industry Comparison
This section compares Cubex Tubings Limited's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $2,959,992,865
- Average return on equity (ROE) among peers: 6.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cubex Tubings Limited (CUBEXTUB) | Rs788.28 Million | 0.00% | 0.92x | $15.22 Million |
| Bhagyanagar India Limited (BHAGYANGR) | $2.31 Billion | 4.62% | 0.37x | $93.22 Million |
| Hindustan Copper Limited (HINDCOPPER) | $11.64 Billion | 5.81% | 0.90x | $5.59 Billion |
| Madhav Copper Limited (MCL) | $14.19 Million | 24.41% | 7.46x | $17.19 Million |
| Rajnandini Metal Limited (RAJMET) | $563.70 Million | -3.85% | 1.62x | $11.87 Million |
| Sagardeep Alloys Limited (SAGARDEEP) | $278.95 Million | 2.74% | 0.50x | $4.47 Million |
About Cubex Tubings Limited
Cubex Tubings Limited manufactures and sells copper and copper based alloy products in India and internationally. It offers copper products, such as DLP, DHP, ETP, and medical gas copper tubes; copper round and bus bars; and copper wires and profiles. The company also provides copper alloy products, including admiralty brass and aluminum brass tubes, as well as copper nickel tubes. In addition, i… Read more