MPC Container Ships ASA Net Assets
MPC Container Ships ASA net assets. Based on the latest financial reports, MPC Container Ships ASA (MPCC) has net assets worth Nkr910.41 Million NOK (≈ $95.80 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 (Nkr1.51 Billion ≈ $158.91 Million USD) and total liabilities (Nkr599.75 Million ≈ $63.11 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. Also explore net asset momentum of MPC Container Ships ASA to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr910.41 Million |
| % of Total Assets | 60.29% |
| Annual Growth Rate | 13.33% |
| 5-Year Change | 113.46% |
| 10-Year Change | N/A |
| Growth Volatility | 32.76 |
Net Assets of MPC Container Ships ASA (2017–2024)
Net assets of MPC Container Ships ASA from 2017 to 2024. This chart illustrates how MPC Container Ships ASA's net assets have evolved over time, based on quarterly financial data. See MPCC net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for MPC Container Ships ASA (2017–2024)
The table below shows the annual net assets of MPC Container Ships ASA from 2017 to 2024. For live market cap and overall valuation, see market cap of MPC Container Ships ASA.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr817.62 Million ≈ $86.04 Million |
+8.51% |
| 2023-12-31 | Nkr753.48 Million ≈ $79.29 Million |
+4.44% |
| 2022-12-31 | Nkr721.45 Million ≈ $75.92 Million |
-0.84% |
| 2021-12-31 | Nkr727.59 Million ≈ $76.56 Million |
+89.95% |
| 2020-12-31 | Nkr383.03 Million ≈ $40.31 Million |
-6.68% |
| 2019-12-31 | Nkr410.46 Million ≈ $43.19 Million |
-10.60% |
| 2018-12-31 | Nkr459.15 Million ≈ $48.32 Million |
+34.84% |
| 2017-12-31 | Nkr340.52 Million ≈ $35.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to MPC Container Ships ASA'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 76513600000.0% over the analyzed period, indicating profitable operations and earnings retention.
MPC Container Ships ASA Net Assets Breakdown (December 2024)
MPC Container Ships ASA net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr762.60 Million | 93.79% |
| Common Stock | Nkr48.59 Million | 5.98% |
| Other Components | Nkr1.91 Million | 0.23% |
| Total Equity | Nkr813.10 Million | 100.00% |
MPC Container Ships ASA Competitors by Market Cap
The table below lists competitors of MPC Container Ships ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orezone Gold Corporation
AU:ORE
|
$1.28 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
$1.28 Billion |
|
AFFIN Holdings Bhd
KLSE:5185
|
$1.29 Billion |
|
Tilaknagar Industries Limited
NSE:TI
|
$1.29 Billion |
|
China Merchants Property Operation & Service Co Ltd
SHE:001914
|
$1.28 Billion |
|
Longshine Technology Co Ltd
SHE:300682
|
$1.28 Billion |
|
Koh Young Technology Inc
KQ:098460
|
$1.28 Billion |
|
Saratoga Investama Sedaya
JK:SRTG
|
$1.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MPC Container Ships ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 749,646,000 to 813,096,000, a change of 63,450,000 (8.5%).
- Net income of 266,683,000 contributed positively to equity growth.
- Dividend payments of 204,359,000 reduced retained earnings.
- Other comprehensive income increased equity by 843,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr266.68 Million | +32.8% |
| Dividends Paid | Nkr204.36 Million | -25.13% |
| Other Comprehensive Income | Nkr843.00K | +0.1% |
| Other Changes | Nkr283.00K | +0.03% |
| Total Change | Nkr- | 8.46% |
Book Value vs Market Value Analysis
This analysis compares MPC Container Ships ASA'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: 15.00x
- 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 increased from 4.33x to 15.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Nkr6.35 | Nkr27.49 | x |
| 2018-12-31 | Nkr2.95 | Nkr27.49 | x |
| 2019-12-31 | Nkr4.75 | Nkr27.49 | x |
| 2020-12-31 | Nkr1.59 | Nkr27.49 | x |
| 2021-12-31 | Nkr1.73 | Nkr27.49 | x |
| 2022-12-31 | Nkr1.62 | Nkr27.49 | x |
| 2023-12-31 | Nkr1.69 | Nkr27.49 | x |
| 2024-12-31 | Nkr1.83 | Nkr27.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MPC Container Ships ASA 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): 32.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.34%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.51x
- Recent ROE (32.80%) is above the historical average (16.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -0.79% | -12.34% | 0.05x | 1.34x | Nkr-36.25 Million |
| 2018 | -0.35% | -0.87% | 0.26x | 1.59x | Nkr-47.05 Million |
| 2019 | -9.72% | -21.56% | 0.26x | 1.76x | Nkr-80.61 Million |
| 2020 | -16.91% | -37.31% | 0.25x | 1.78x | Nkr-102.63 Million |
| 2021 | 26.11% | 46.33% | 0.40x | 1.42x | Nkr117.06 Million |
| 2022 | 60.49% | 65.04% | 0.70x | 1.33x | Nkr362.94 Million |
| 2023 | 43.35% | 45.69% | 0.74x | 1.27x | Nkr250.00 Million |
| 2024 | 32.80% | 49.34% | 0.44x | 1.51x | Nkr185.37 Million |
Industry Comparison
This section compares MPC Container Ships ASA's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $500,093,288
- Average return on equity (ROE) among peers: 6.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MPC Container Ships ASA (MPCC) | Nkr910.41 Million | -0.79% | 0.66x | $1.28 Billion |
| 2020 Bulkers Ltd (2020) | $155.90 Million | 20.46% | 1.44x | $21.18 Million |
| ADS Maritime Holding Plc (ADS) | $4.63 Million | -4.21% | 0.02x | $18.68 Million |
| American Shipping Company ASA (AMSC) | $161.28 Million | 11.27% | 3.49x | $7.19K |
| Golden Energy Offshore Services AS (GEOS) | $108.01 Million | -53.59% | 4.23x | $46.05 Million |
| Golden Ocean Group Ltd (GOGL) | $215.53 Million | 22.02% | 0.62x | $1.75 Billion |
| Hafnia Ltd (HAFNI) | $397.82 Million | 0.74% | 2.07x | $5.27 Billion |
| Hoegh Autoliners ASA (HAUTO) | $1.17 Billion | 49.82% | 0.79x | $3.60 Billion |
| Havila Shipping ASA (HAVI) | $2.02 Billion | 0.18% | 3.14x | $23.57 Million |
| Himalaya Shipping Ltd (HSHP) | $91.78 Million | -1.06% | 0.04x | $741.25 Million |
| Jinhui Shipping and Transportation Limited (JIN) | $669.48 Million | 22.98% | 0.84x | $77.72 Million |
About MPC Container Ships ASA
MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on small-to mid-size vessels that are chartered out on time-charter contracts to global and regional liner shipping companies serving intra-regional trade lanes. It operates a fleet of 59 vessels with an aggregate capacity of approximately 140,894 twenty-foot equivalent units. MPC Container Ships ASA w… Read more