Dolphin Capital Investors Limited
DCI Advisors Ltd (Formerly: Dolphin Capital Investors Ltd) (the 'Company') was incorporated and registered in the British Virgin Islands ('BVI') on 7 June 2005 and on 23 December 2024 it migrated from the BVI to Guernsey in The Channel Islands. The Company is a real estate investment company focused on the early-stage, large-scale leisure-integrated residential resorts in the Eastern Mediterranea… Read more
Dolphin Capital Investors Limited (DOLHF) - Net Assets
Latest net assets as of June 2025: $136.27 Million USD
Based on the latest financial reports, Dolphin Capital Investors Limited (DOLHF) has net assets worth $136.27 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($225.34 Million) and total liabilities ($89.06 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 | $136.27 Million |
| % of Total Assets | 60.48% |
| Annual Growth Rate | -8.38% |
| 5-Year Change | -27.82% |
| 10-Year Change | -78.32% |
| Growth Volatility | 54.78 |
Dolphin Capital Investors Limited - Net Assets Trend (2006–2024)
This chart illustrates how Dolphin Capital Investors 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 Dolphin Capital Investors Limited (2006–2024)
The table below shows the annual net assets of Dolphin Capital Investors Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $112.00 Million | -5.15% |
| 2023-12-31 | $118.07 Million | -2.05% |
| 2022-12-31 | $120.55 Million | -5.84% |
| 2021-12-31 | $128.03 Million | -17.49% |
| 2020-12-31 | $155.17 Million | -11.45% |
| 2019-12-31 | $175.23 Million | +2.91% |
| 2018-12-31 | $170.27 Million | -14.36% |
| 2017-12-31 | $198.83 Million | -21.06% |
| 2016-12-31 | $251.88 Million | -51.24% |
| 2015-12-31 | $516.53 Million | -12.13% |
| 2014-12-31 | $587.81 Million | +7.23% |
| 2013-12-31 | $548.18 Million | -17.91% |
| 2012-12-31 | $667.77 Million | -35.27% |
| 2011-12-31 | $1.03 Billion | -12.90% |
| 2010-12-31 | $1.18 Billion | -5.51% |
| 2009-12-31 | $1.25 Billion | -16.95% |
| 2008-12-31 | $1.51 Billion | -12.45% |
| 2007-12-31 | $1.72 Billion | +218.71% |
| 2006-12-31 | $540.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dolphin Capital Investors 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 538.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.05 Million | 8.37% |
| Other Comprehensive Income | $13.12 Million | 12.13% |
| Other Components | $569.85 Million | 527.01% |
| Total Equity | $108.13 Million | 100.00% |
Dolphin Capital Investors Limited Competitors by Market Cap
The table below lists competitors of Dolphin Capital Investors Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Container Terminal Corp
TW:2613
|
$55.33 Million |
|
Thrace Plastics Holding and Commercial S.A
AT:PLAT
|
$55.35 Million |
|
AGF A/S
CO:AGF-B
|
$55.35 Million |
|
Sejong Telecom Inc
KQ:036630
|
$55.35 Million |
|
NX Filtration Holding BV
AS:NXFIL
|
$55.32 Million |
|
Emerald Expositions Events Inc
NYSE:EEX
|
$55.32 Million |
|
Polaris Media
OL:POL
|
$55.32 Million |
|
Sirtec International Co Ltd
TWO:5356
|
$55.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dolphin Capital Investors Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 115,518,000 to 108,128,000, a change of -7,390,000 (-6.4%).
- Net loss of 18,316,000 reduced equity.
- Other comprehensive income increased equity by 12,611,265.
- Other factors decreased equity by 1,685,265.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.32 Million | -16.94% |
| Other Comprehensive Income | $12.61 Million | +11.66% |
| Other Changes | $-1.69 Million | -1.56% |
| Total Change | $- | -6.40% |
Book Value vs Market Value Analysis
This analysis compares Dolphin Capital Investors 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: 0.64x
- 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 increased from 0.02x to 0.64x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $4.67 | $0.08 | x |
| 2007-12-31 | $3.29 | $0.08 | x |
| 2008-12-31 | $2.58 | $0.08 | x |
| 2009-12-31 | $2.08 | $0.08 | x |
| 2010-12-31 | $1.82 | $0.08 | x |
| 2011-12-31 | $1.57 | $0.08 | x |
| 2012-12-31 | $1.09 | $0.08 | x |
| 2013-12-31 | $0.81 | $0.08 | x |
| 2014-12-31 | $0.86 | $0.08 | x |
| 2015-12-31 | $0.61 | $0.08 | x |
| 2016-12-31 | $0.26 | $0.08 | x |
| 2017-12-31 | $0.21 | $0.08 | x |
| 2018-12-31 | $0.18 | $0.08 | x |
| 2019-12-31 | $0.19 | $0.08 | x |
| 2020-12-31 | $0.16 | $0.08 | x |
| 2021-12-31 | $0.13 | $0.08 | x |
| 2022-12-31 | $0.12 | $0.08 | x |
| 2023-12-31 | $0.13 | $0.08 | x |
| 2024-12-31 | $0.12 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dolphin Capital Investors 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): -16.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.07x
- • Equity Multiplier: 1.73x
- Recent ROE (-16.94%) is below the historical average (-12.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 21.67% | 2996.08% | 0.01x | 1.19x | $59.42 Million |
| 2007 | 37.70% | 16088.62% | 0.00x | 1.58x | $422.09 Million |
| 2008 | -8.90% | 0.00% | -0.01x | 1.62x | $-253.91 Million |
| 2009 | -14.04% | 0.00% | -0.01x | 1.53x | $-292.15 Million |
| 2010 | -6.35% | 0.00% | -0.01x | 1.57x | $-186.95 Million |
| 2011 | -16.18% | 0.00% | -0.02x | 1.70x | $-260.70 Million |
| 2012 | -6.49% | -200.84% | 0.02x | 1.43x | $-104.77 Million |
| 2013 | -21.37% | 0.00% | -0.08x | 1.64x | $-164.28 Million |
| 2014 | 3.88% | 33.51% | 0.07x | 1.75x | $-34.11 Million |
| 2015 | -30.18% | 0.00% | -0.12x | 1.84x | $-193.52 Million |
| 2016 | -104.22% | 0.00% | -0.39x | 1.99x | $-267.15 Million |
| 2017 | -16.48% | 0.00% | -0.04x | 2.03x | $-51.39 Million |
| 2018 | -24.74% | 0.00% | -0.12x | 1.48x | $-57.16 Million |
| 2019 | 2.55% | 43.92% | 0.04x | 1.34x | $-12.64 Million |
| 2020 | -14.19% | 0.00% | -0.09x | 1.38x | $-35.96 Million |
| 2021 | -17.92% | -453.82% | 0.02x | 1.59x | $-33.25 Million |
| 2022 | -6.18% | -2177.36% | 0.00x | 1.54x | $-18.13 Million |
| 2023 | 3.01% | 25.97% | 0.07x | 1.57x | $-8.07 Million |
| 2024 | -16.94% | 0.00% | -0.07x | 1.73x | $-29.13 Million |
Industry Comparison
This section compares Dolphin Capital Investors Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dolphin Capital Investors Limited (DOLHF) | $136.27 Million | 21.67% | 0.65x | $55.33 Million |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |