Frontier Services Group Limited
Frontier Services Group Limited, an investment holding company, provides aviation, logistics, security, insurance, and infrastructure related services. It operates through Aviation and Logistics Business; Security, Insurance and Infrastructure Business; and Healthcare Business segments. The company offers online financial market information. Its security services include protective services and s… Read more
Frontier Services Group Limited (DVNHF) - Net Assets
Latest net assets as of June 2025: $393.59 Million USD
Based on the latest financial reports, Frontier Services Group Limited (DVNHF) has net assets worth $393.59 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 ($874.99 Million) and total liabilities ($481.40 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 | $393.59 Million |
| % of Total Assets | 44.98% |
| Annual Growth Rate | -0.12% |
| 5-Year Change | -36.61% |
| 10-Year Change | -38.22% |
| Growth Volatility | 76.12 |
Frontier Services Group Limited - Net Assets Trend (1998–2024)
This chart illustrates how Frontier Services Group 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 Services Group Limited (1998–2024)
The table below shows the annual net assets of Frontier Services Group Limited from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $397.25 Million | -21.02% |
| 2023-12-31 | $502.97 Million | +6.88% |
| 2022-12-31 | $470.57 Million | -6.84% |
| 2021-12-31 | $505.15 Million | -19.39% |
| 2020-12-31 | $626.68 Million | -25.71% |
| 2019-12-31 | $843.61 Million | -29.20% |
| 2018-12-31 | $1.19 Billion | +207.14% |
| 2017-12-31 | $387.94 Million | -2.75% |
| 2016-12-31 | $398.93 Million | -37.96% |
| 2015-12-31 | $643.00 Million | -21.61% |
| 2014-12-31 | $820.21 Million | +8.54% |
| 2013-12-31 | $755.67 Million | -2.82% |
| 2012-12-31 | $777.62 Million | -31.15% |
| 2011-12-31 | $1.13 Billion | -7.46% |
| 2010-12-31 | $1.22 Billion | +4.42% |
| 2009-12-31 | $1.17 Billion | +0.22% |
| 2008-12-31 | $1.17 Billion | +12.72% |
| 2007-12-31 | $1.03 Billion | +42.75% |
| 2006-12-31 | $724.78 Million | +317.64% |
| 2005-12-31 | $173.54 Million | +18.34% |
| 2004-12-31 | $146.65 Million | +0.69% |
| 2003-12-31 | $145.65 Million | -36.89% |
| 2002-12-31 | $230.77 Million | -31.57% |
| 2001-12-31 | $337.25 Million | +11.59% |
| 2000-12-31 | $302.21 Million | +1.76% |
| 1999-12-31 | $296.97 Million | -27.53% |
| 1998-12-31 | $409.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Frontier Services Group 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 2326.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $240.34 Million | 87.83% |
| Other Components | $2.00 Billion | 732.13% |
| Total Equity | $273.65 Million | 100.00% |
Frontier Services Group Limited Competitors by Market Cap
The table below lists competitors of Frontier Services Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Globrands Ltd
PINK:GLBGF
|
$53.17 Million |
|
Reward Wool Industry Corp
TW:1423
|
$53.18 Million |
|
Airtificial Intelligence Structures S.A
PINK:AITLF
|
$53.18 Million |
|
Sai Gon Ground Services JSC
VN:SGN
|
$53.18 Million |
|
RACCOON HOLDINGS INC.
F:R8C
|
$53.15 Million |
|
Prosafe SE
OL:PRS
|
$53.14 Million |
|
Armac Locacao Logistica
SA:ARML3
|
$53.14 Million |
|
GAMEVIL Inc
KQ:063080
|
$53.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frontier Services Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 382,922,000 to 273,651,000, a change of -109,271,000 (-28.5%).
- Net loss of 103,882,000 reduced equity.
- Other comprehensive income increased equity by 20,692,999.
- Other factors decreased equity by 26,081,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-103.88 Million | -37.96% |
| Other Comprehensive Income | $20.69 Million | +7.56% |
| Other Changes | $-26.08 Million | -9.53% |
| Total Change | $- | -28.54% |
Book Value vs Market Value Analysis
This analysis compares Frontier Services Group 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: 0.31x
- 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 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $1.55 | $0.04 | x |
| 1999-12-31 | $0.64 | $0.04 | x |
| 2000-12-31 | $0.67 | $0.04 | x |
| 2001-12-31 | $0.78 | $0.04 | x |
| 2002-12-31 | $0.30 | $0.04 | x |
| 2003-12-31 | $0.07 | $0.04 | x |
| 2004-12-31 | $0.06 | $0.04 | x |
| 2005-12-31 | $0.10 | $0.04 | x |
| 2006-12-31 | $0.84 | $0.04 | x |
| 2007-12-31 | $0.81 | $0.04 | x |
| 2008-12-31 | $0.92 | $0.04 | x |
| 2009-12-31 | $0.92 | $0.04 | x |
| 2010-12-31 | $0.97 | $0.04 | x |
| 2011-12-31 | $0.89 | $0.04 | x |
| 2012-12-31 | $0.58 | $0.04 | x |
| 2013-12-31 | $0.56 | $0.04 | x |
| 2014-12-31 | $0.59 | $0.04 | x |
| 2015-12-31 | $0.43 | $0.04 | x |
| 2016-12-31 | $0.22 | $0.04 | x |
| 2017-12-31 | $0.19 | $0.04 | x |
| 2018-12-31 | $0.56 | $0.04 | x |
| 2019-12-31 | $0.31 | $0.04 | x |
| 2020-12-31 | $0.22 | $0.04 | x |
| 2021-12-31 | $0.16 | $0.04 | x |
| 2022-12-31 | $0.15 | $0.04 | x |
| 2023-12-31 | $0.16 | $0.04 | x |
| 2024-12-31 | $0.11 | $0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frontier Services Group 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): -37.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.79%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 3.33x
- Recent ROE (-37.96%) is above the historical average (-69.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -14.70% | -6.85% | 2.01x | 1.07x | $-101.18 Million |
| 1999 | -293.69% | -176.69% | 0.78x | 2.14x | $-512.98 Million |
| 2000 | -110.54% | -446.08% | 0.12x | 2.03x | $-212.65 Million |
| 2001 | -14.83% | -48.84% | 0.15x | 2.09x | $-53.19 Million |
| 2002 | -125.35% | -273.08% | 0.17x | 2.67x | $-147.08 Million |
| 2003 | -490.19% | -183.28% | 0.29x | 9.33x | $-136.99 Million |
| 2004 | -213.12% | -36.38% | 0.60x | 9.78x | $-64.46 Million |
| 2005 | -71.23% | -13.04% | 0.75x | 7.26x | $-45.31 Million |
| 2006 | -104.10% | -64.98% | 0.99x | 1.61x | $-692.63 Million |
| 2007 | 12.56% | 11.62% | 0.72x | 1.49x | $23.50 Million |
| 2008 | 8.86% | 12.22% | 0.53x | 1.36x | $-11.96 Million |
| 2009 | 1.12% | 6.18% | 0.14x | 1.30x | $-93.30 Million |
| 2010 | 3.78% | 6.37% | 0.39x | 1.54x | $-68.54 Million |
| 2011 | -11.65% | -20.76% | 0.20x | 2.78x | $-219.00 Million |
| 2012 | -32.46% | -388.72% | 0.06x | 1.35x | $-280.81 Million |
| 2013 | -28.52% | -563.47% | 0.04x | 1.39x | $-246.12 Million |
| 2014 | -18.53% | -42.02% | 0.22x | 1.99x | $-200.84 Million |
| 2015 | -27.13% | -66.37% | 0.16x | 2.56x | $-195.59 Million |
| 2016 | -76.19% | -36.37% | 0.63x | 3.31x | $-237.36 Million |
| 2017 | -84.86% | -30.89% | 0.82x | 3.35x | $-250.13 Million |
| 2018 | -24.31% | -29.86% | 0.58x | 1.41x | $-365.31 Million |
| 2019 | -49.36% | -48.87% | 0.59x | 1.70x | $-426.67 Million |
| 2020 | -44.83% | -37.68% | 0.64x | 1.85x | $-278.90 Million |
| 2021 | -41.52% | -21.12% | 0.64x | 3.05x | $-198.16 Million |
| 2022 | -8.24% | -3.00% | 0.88x | 3.10x | $-64.14 Million |
| 2023 | 13.36% | 6.30% | 0.77x | 2.76x | $12.88 Million |
| 2024 | -37.96% | -13.79% | 0.83x | 3.33x | $-131.25 Million |
Industry Comparison
This section compares Frontier Services Group Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frontier Services Group Limited (DVNHF) | $393.59 Million | -14.70% | 1.22x | $53.15 Million |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |