Frontier Energy Limited
Frontier Energy Limited, a renewable energy company, engages in the development of an integrated renewable energy facility in Australia. It develops the Bristol Springs solar project located in the southeast of Perth, Western Australia; and the Waroona Solar project comprising 830 hectares located near the town of Waroona in the Southwest of Western Australia. The company was formerly known as Su… Read more
Frontier Energy Limited (FRHYF) - Net Assets
Latest net assets as of December 2024: $81.27 Million USD
Based on the latest financial reports, Frontier Energy Limited (FRHYF) has net assets worth $81.27 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($83.41 Million) and total liabilities ($2.14 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 | $81.27 Million |
| % of Total Assets | 97.44% |
| Annual Growth Rate | 63.48% |
| 5-Year Change | 2878.85% |
| 10-Year Change | N/A |
| Growth Volatility | 419.16 |
Frontier Energy Limited - Net Assets Trend (2018–2024)
This chart illustrates how Frontier Energy Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Frontier Energy Limited (2018–2024)
The table below shows the annual net assets of Frontier Energy Limited from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $81.27 Million | -2.60% |
| 2023-12-31 | $83.44 Million | +213.90% |
| 2022-12-31 | $26.58 Million | +1138.31% |
| 2021-12-31 | $2.15 Million | -21.32% |
| 2020-12-31 | $2.73 Million | +64.87% |
| 2019-12-31 | $1.65 Million | -61.10% |
| 2018-12-31 | $4.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Frontier Energy 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 decreased by 2646381700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $124.70 Million | 152.09% |
| Total Equity | $81.99 Million | 100.00% |
Frontier Energy Limited Competitors by Market Cap
The table below lists competitors of Frontier Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sand Nisko Capital Bhd
KLSE:7943
|
$21.12 Million |
|
BVS AS
IS:BVSAN
|
$21.12 Million |
|
Zhen Yu Hardware Co., Ltd.
TWO:2947
|
$21.12 Million |
|
Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares
NASDAQ:AZI
|
$21.12 Million |
|
Pudumjee Paper Products Limited
NSE:PDMJEPAPER
|
$21.12 Million |
|
CLARANOVA SE EO 1
F:BV51
|
$21.12 Million |
|
Columbus
WAR:CLC
|
$21.11 Million |
|
Gencurix Inc
KQ:229000
|
$21.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frontier Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 84,163,174 to 81,987,964, a change of -2,175,210 (-2.6%).
- Net loss of 18,128,707 reduced equity.
- Share repurchases of 1,123,477 reduced equity.
- New share issuances of 16,754,135 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.13 Million | -22.11% |
| Share Repurchases | $1.12 Million | -1.37% |
| Share Issuances | $16.75 Million | +20.43% |
| Other Changes | $322.84K | +0.39% |
| Total Change | $- | -2.58% |
Book Value vs Market Value Analysis
This analysis compares Frontier Energy 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: 0.38x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.22x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.05 | $0.06 | x |
| 2019-12-31 | $0.02 | $0.06 | x |
| 2020-12-31 | $0.03 | $0.06 | x |
| 2021-12-31 | $0.01 | $0.06 | x |
| 2022-12-31 | $0.08 | $0.06 | x |
| 2023-12-31 | $0.19 | $0.06 | x |
| 2024-12-31 | $0.16 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frontier Energy 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): -22.11%
- 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: 1.02x
- Recent ROE (-22.11%) is above the historical average (-152.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -381.82% | 0.00% | 0.00x | 1.29x | $-16.67 Million |
| 2019 | -424.03% | 0.00% | 0.00x | 1.50x | $-7.18 Million |
| 2020 | -61.74% | 0.00% | 0.00x | 0.68x | $-3.04 Million |
| 2021 | -155.62% | 0.00% | 0.00x | 1.97x | $-2.66 Million |
| 2022 | -23.65% | 0.00% | 0.00x | 1.37x | $-7.86 Million |
| 2023 | 2.44% | 0.00% | 0.00x | 1.06x | $-6.36 Million |
| 2024 | -22.11% | 0.00% | 0.00x | 1.02x | $-26.33 Million |
Industry Comparison
This section compares Frontier Energy Limited's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frontier Energy Limited (FRHYF) | $81.27 Million | -381.82% | 0.03x | $21.12 Million |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |