Waste Plastic Upcycling AS
WPU - Waste Plastic Upcycling A/S engages in the waste collection and related services in Denmark. It also converts plastic waste into oil. The company was incorporated in 2020 and is based in Fårevejle, Denmark. As of December 20, 2024, WPU - Waste Plastic Upcycling A/S operates as a subsidiary of Vitol S.A.
Waste Plastic Upcycling AS (WPU) - Net Assets
Latest net assets as of September 2024: Nkr-14.78 Million NOK
Based on the latest financial reports, Waste Plastic Upcycling AS (WPU) has net assets worth Nkr-14.78 Million NOK as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr156.00 Million) and total liabilities (Nkr170.78 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 | Nkr-14.78 Million |
| % of Total Assets | -9.48% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Waste Plastic Upcycling AS - Net Assets Trend (2021–2023)
This chart illustrates how Waste Plastic Upcycling AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Waste Plastic Upcycling AS (2021–2023)
The table below shows the annual net assets of Waste Plastic Upcycling AS from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Nkr24.87 Million | -48.58% |
| 2022-12-31 | Nkr48.38 Million | +2392.31% |
| 2021-12-31 | Nkr-2.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Waste Plastic Upcycling AS'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 5494488200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Nkr87.33 Million | 351.08% |
| Total Equity | Nkr24.87 Million | 100.00% |
Waste Plastic Upcycling AS Competitors by Market Cap
The table below lists competitors of Waste Plastic Upcycling AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ScripsAmerica Inc
PINK:SCRCQ
|
$12.60K |
|
BiOptic Inc.
TWO:6850
|
$12.60K |
|
United Bank Ltd
KAR:UBL
|
$12.61K |
|
BIOTIME
BE:BT3
|
$12.61K |
|
Gemfields Plc
LSE:GEM
|
$12.59K |
|
Danang Airport Services JSC
VN:MAS
|
$12.58K |
|
The Marketing Alliance Inc
PINK:MAAL
|
$12.57K |
|
SINO LAND CO
BE:SNO
|
$12.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Waste Plastic Upcycling AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 48,376,483 to 24,874,864, a change of -23,501,619 (-48.6%).
- Net loss of 31,547,018 reduced equity.
- New share issuances of 8,045,399 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr-31.55 Million | -126.82% |
| Share Issuances | Nkr8.05 Million | +32.34% |
| Total Change | Nkr- | -48.58% |
Book Value vs Market Value Analysis
This analysis compares Waste Plastic Upcycling AS'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: 30.68x
- 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 |
|---|---|---|---|
| 2021-12-31 | Nkr-0.04 | Nkr14.95 | x |
| 2022-12-31 | Nkr0.97 | Nkr14.95 | x |
| 2023-12-31 | Nkr0.49 | Nkr14.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Waste Plastic Upcycling AS 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): -126.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 6.48x
- Recent ROE (-126.82%) is below the historical average (-85.16%), 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 | -43.50% | 0.00% | 0.00x | 2.21x | Nkr-25.88 Million |
| 2023 | -126.82% | 0.00% | 0.00x | 6.48x | Nkr-34.03 Million |
Industry Comparison
This section compares Waste Plastic Upcycling AS's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $106,261,377
- Average return on equity (ROE) among peers: 1.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waste Plastic Upcycling AS (WPU) | Nkr-14.78 Million | -43.50% | N/A | $12.59K |
| Pryme BV (PRYME) | $7.06 Million | -3.61% | 0.79x | $7.62 Million |
| Soiltech ASA (STECH) | $170.56 Million | 16.07% | 1.06x | $64.73K |
| Vow Green Metals AS (VGM) | $141.16 Million | -6.66% | 0.02x | $3.80 Million |