AFC Energy plc
AFC Energy plc engages in the development of fuel cell and fuel processing technology and equipment in the United Kingdom. It operates through Sales of fuel cell generators and Rental segments. The company provides air cooled and liquid cooled fuel cells, including H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is developing H-power generator " S series fuel … Read more
AFC Energy plc (AFGYF) - Net Assets
Latest net assets as of October 2025: $36.42 Million USD
Based on the latest financial reports, AFC Energy plc (AFGYF) has net assets worth $36.42 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($42.48 Million) and total liabilities ($6.05 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 | $36.42 Million |
| % of Total Assets | 85.75% |
| Annual Growth Rate | 14.99% |
| 5-Year Change | -39.18% |
| 10-Year Change | 642.99% |
| Growth Volatility | 244.84 |
AFC Energy plc - Net Assets Trend (2007–2025)
This chart illustrates how AFC Energy plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AFC Energy plc (2007–2025)
The table below shows the annual net assets of AFC Energy plc from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $36.42 Million | +20.33% |
| 2024-10-31 | $30.27 Million | -2.63% |
| 2023-10-31 | $31.09 Million | -32.04% |
| 2022-10-31 | $45.74 Million | -23.63% |
| 2021-10-31 | $59.89 Million | +81.34% |
| 2020-10-31 | $33.02 Million | +1055.93% |
| 2019-10-31 | $2.86 Million | -33.85% |
| 2018-10-31 | $4.32 Million | -48.65% |
| 2017-10-31 | $8.41 Million | +71.57% |
| 2016-10-31 | $4.90 Million | -12.70% |
| 2015-10-31 | $5.62 Million | -41.27% |
| 2014-10-31 | $9.56 Million | +7.07% |
| 2013-10-31 | $8.93 Million | -27.59% |
| 2012-10-31 | $12.33 Million | +70.10% |
| 2011-10-31 | $7.25 Million | +9.57% |
| 2010-10-31 | $6.62 Million | +146.54% |
| 2009-10-31 | $2.68 Million | -42.89% |
| 2008-10-31 | $4.70 Million | +59.38% |
| 2007-10-31 | $2.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AFC Energy plc'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 12867518000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.13 Million | 3.11% |
| Other Comprehensive Income | $7.06 Million | 19.38% |
| Other Components | $159.16 Million | 437.00% |
| Total Equity | $36.42 Million | 100.00% |
AFC Energy plc Competitors by Market Cap
The table below lists competitors of AFC Energy plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agfa-Gevaert NV
PINK:AFGVF
|
$91.17 Million |
|
Hua Hsu Advanced Technology Co., Ltd.
TWO:6682
|
$91.18 Million |
|
NOROO Paint & Coatings Co Ltd
KO:090355
|
$91.18 Million |
|
Newcore Gold Ltd
OTCQX:NCAUF
|
$91.19 Million |
|
The Pinkfong Company
KQ:403850
|
$91.15 Million |
|
Solux Co. Ltd
KQ:290690
|
$91.09 Million |
|
Kss Line
KO:044450
|
$91.07 Million |
|
Thai Stanley Electric Public Company Limited
BK:STANLY
|
$91.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AFC Energy plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,268,000 to 36,420,919, a change of 6,152,919 (20.3%).
- Net loss of 22,210,806 reduced equity.
- Other comprehensive income increased equity by 2,430,024.
- Other factors increased equity by 25,933,701.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.21 Million | -60.98% |
| Other Comprehensive Income | $2.43 Million | +6.67% |
| Other Changes | $25.93 Million | +71.21% |
| Total Change | $- | 20.33% |
Book Value vs Market Value Analysis
This analysis compares AFC Energy plc'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: 2.13x
- 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 2.28x to 2.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-10-31 | $0.04 | $0.08 | x |
| 2008-10-31 | $0.04 | $0.08 | x |
| 2009-10-31 | $0.02 | $0.08 | x |
| 2010-10-31 | $0.04 | $0.08 | x |
| 2011-10-31 | $0.04 | $0.08 | x |
| 2012-10-31 | $0.07 | $0.08 | x |
| 2013-10-31 | $0.04 | $0.08 | x |
| 2014-10-31 | $0.04 | $0.08 | x |
| 2015-10-31 | $0.02 | $0.08 | x |
| 2016-10-31 | $0.02 | $0.08 | x |
| 2017-10-31 | $0.02 | $0.08 | x |
| 2018-10-31 | $0.01 | $0.08 | x |
| 2019-10-31 | $0.01 | $0.08 | x |
| 2020-10-31 | $0.06 | $0.08 | x |
| 2021-10-31 | $0.08 | $0.08 | x |
| 2022-10-31 | $0.06 | $0.08 | x |
| 2023-10-31 | $0.04 | $0.08 | x |
| 2024-10-31 | $0.04 | $0.08 | x |
| 2025-10-31 | $0.04 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AFC Energy plc 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): -60.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17756.14%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (-60.98%) is below the historical average (-59.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -58.05% | 0.00% | 0.00x | 1.14x | $-2.01 Million |
| 2008 | -56.43% | 0.00% | 0.00x | 1.09x | $-3.12 Million |
| 2009 | -77.53% | 0.00% | 0.00x | 1.12x | $-2.35 Million |
| 2010 | -41.88% | -1530.94% | 0.03x | 1.06x | $-3.43 Million |
| 2011 | -55.03% | -11400.00% | 0.00x | 1.07x | $-4.71 Million |
| 2012 | -30.77% | -1061.74% | 0.03x | 1.04x | $-5.03 Million |
| 2013 | -46.32% | -544.70% | 0.08x | 1.11x | $-5.03 Million |
| 2014 | -56.86% | -695.06% | 0.07x | 1.12x | $-6.39 Million |
| 2015 | -85.17% | -211.37% | 0.31x | 1.30x | $-5.34 Million |
| 2016 | -115.38% | -584.54% | 0.16x | 1.27x | $-6.15 Million |
| 2017 | -58.56% | -2135.67% | 0.02x | 1.10x | $-5.77 Million |
| 2018 | -100.14% | -1117575.45% | 0.00x | 1.22x | $-4.76 Million |
| 2019 | -99.79% | 0.00% | 0.00x | 1.47x | $-3.14 Million |
| 2020 | -12.79% | 0.00% | 0.00x | 1.05x | $-7.53 Million |
| 2021 | -15.66% | -1582.03% | 0.01x | 1.05x | $-15.37 Million |
| 2022 | -35.96% | -2825.77% | 0.01x | 1.11x | $-21.02 Million |
| 2023 | -56.22% | -7698.24% | 0.01x | 1.17x | $-20.58 Million |
| 2024 | -57.55% | -435.26% | 0.11x | 1.21x | $-20.45 Million |
| 2025 | -60.98% | -17756.14% | 0.00x | 1.17x | $-25.85 Million |
Industry Comparison
This section compares AFC Energy plc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $346,896,751
- Average return on equity (ROE) among peers: 0.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AFC Energy plc (AFGYF) | $36.42 Million | -58.05% | 0.17x | $91.15 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |