Fraser and Neave Limited
Fraser and Neave, Limited engages in the food and beverage, and publishing and printing businesses in Singapore, Malaysia, Thailand, Vietnam, and internationally. The company operates through Beverages, Dairies, Printing and Publishing, and Others segments. It produces and sells beverages, including 100PLUS isotonic drinks, F&N NUTRISOY soya milk, F&N SEASONS Asian drinks, F&N ICE MOUNTAIN drinki… Read more
Fraser and Neave Limited (FNEVF) - Net Assets
Latest net assets as of September 2024: $3.38 Billion USD
Based on the latest financial reports, Fraser and Neave Limited (FNEVF) has net assets worth $3.38 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.20 Billion) and total liabilities ($1.82 Billion). 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 | $3.38 Billion |
| % of Total Assets | 64.98% |
| Annual Growth Rate | -1.7% |
| 5-Year Change | -0.44% |
| 10-Year Change | 32.26% |
| Growth Volatility | 22.3 |
Fraser and Neave Limited - Net Assets Trend (2006–2024)
This chart illustrates how Fraser and Neave 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 Fraser and Neave Limited (2006–2024)
The table below shows the annual net assets of Fraser and Neave Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $3.38 Billion | -0.64% |
| 2023-09-30 | $3.40 Billion | -2.85% |
| 2022-09-30 | $3.50 Billion | +1.48% |
| 2021-09-30 | $3.45 Billion | +1.64% |
| 2020-09-30 | $3.40 Billion | +1.90% |
| 2019-09-30 | $3.33 Billion | +5.13% |
| 2018-09-30 | $3.17 Billion | +1.09% |
| 2017-09-30 | $3.14 Billion | -0.53% |
| 2016-09-30 | $3.15 Billion | +23.34% |
| 2015-09-30 | $2.56 Billion | +27.74% |
| 2014-09-30 | $2.00 Billion | -77.47% |
| 2013-09-30 | $8.88 Billion | +7.59% |
| 2012-09-30 | $8.25 Billion | +7.56% |
| 2011-09-30 | $7.67 Billion | +10.45% |
| 2010-09-30 | $6.95 Billion | +3.97% |
| 2009-09-30 | $6.68 Billion | +4.13% |
| 2008-09-30 | $6.42 Billion | +0.57% |
| 2007-09-30 | $6.38 Billion | +38.60% |
| 2006-09-30 | $4.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fraser and Neave 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $865.72 Million | 30.22% |
| Other Components | $2.00 Billion | 69.78% |
| Total Equity | $2.86 Billion | 100.00% |
Fraser and Neave Limited Competitors by Market Cap
The table below lists competitors of Fraser and Neave Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Jinsheng New Materials Co
SHE:300849
|
$199.01 Million |
|
American Bitcoin Corp
NASDAQ:ABTC
|
$199.05 Million |
|
VRL Logistics Limited
NSE:VRLLOG
|
$199.05 Million |
|
BTB Real Estate Investment Trust
PINK:BTBIF
|
$199.14 Million |
|
Dagi Yatirim Holding AS
IS:DAGHL
|
$198.92 Million |
|
Bioteque
TWO:4107
|
$198.92 Million |
|
Ningbo Fubang
SHG:600768
|
$198.92 Million |
|
Taiwan FamilyMart Co Ltd
TWO:5903
|
$198.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fraser and Neave Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,947,321,000 to 2,864,902,000, a change of -82,419,000 (-2.8%).
- Net income of 150,905,000 contributed positively to equity growth.
- Dividend payments of 80,125,000 reduced retained earnings.
- Share repurchases of 935,000 reduced equity.
- Other comprehensive income increased equity by 252,547,000.
- Other factors decreased equity by 404,811,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $150.91 Million | +5.27% |
| Dividends Paid | $80.12 Million | -2.8% |
| Share Repurchases | $935.00K | -0.03% |
| Other Comprehensive Income | $252.55 Million | +8.82% |
| Other Changes | $-404.81 Million | -14.13% |
| Total Change | $- | -2.80% |
Book Value vs Market Value Analysis
This analysis compares Fraser and Neave 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: 0.57x
- 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 0.37x to 0.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-09-30 | $3.05 | $1.12 | x |
| 2007-09-30 | $3.92 | $1.12 | x |
| 2008-09-30 | $3.78 | $1.12 | x |
| 2009-09-30 | $4.01 | $1.12 | x |
| 2010-09-30 | $4.37 | $1.12 | x |
| 2011-09-30 | $4.81 | $1.12 | x |
| 2012-09-30 | $5.31 | $1.12 | x |
| 2013-09-30 | $5.87 | $1.12 | x |
| 2014-09-30 | $1.11 | $1.12 | x |
| 2015-09-30 | $1.56 | $1.12 | x |
| 2016-09-30 | $1.96 | $1.12 | x |
| 2017-09-30 | $1.94 | $1.12 | x |
| 2018-09-30 | $1.94 | $1.12 | x |
| 2019-09-30 | $2.02 | $1.12 | x |
| 2020-09-30 | $2.04 | $1.12 | x |
| 2021-09-30 | $2.07 | $1.12 | x |
| 2022-09-30 | $2.11 | $1.12 | x |
| 2023-09-30 | $2.02 | $1.12 | x |
| 2024-09-30 | $1.96 | $1.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fraser and Neave 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): 5.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.98%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.82x
- Recent ROE (5.27%) is below the historical average (13.14%), 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 | 12.00% | 11.36% | 0.39x | 2.68x | $71.98 Million |
| 2007 | 9.55% | 10.52% | 0.37x | 2.46x | $-23.73 Million |
| 2008 | 1.08% | 1.15% | 0.37x | 2.56x | $-471.53 Million |
| 2009 | 6.44% | 6.74% | 0.38x | 2.48x | $-198.94 Million |
| 2010 | 13.35% | 14.39% | 0.42x | 2.20x | $205.53 Million |
| 2011 | 13.12% | 19.47% | 0.33x | 2.03x | $213.49 Million |
| 2012 | 11.03% | 23.29% | 0.25x | 1.93x | $78.37 Million |
| 2013 | 63.83% | 125.00% | 0.31x | 1.66x | $4.58 Billion |
| 2014 | 9.17% | 6.08% | 0.90x | 1.68x | $-13.39 Million |
| 2015 | 27.89% | 30.07% | 0.67x | 1.39x | $405.81 Million |
| 2016 | 3.80% | 5.46% | 0.52x | 1.33x | $-176.21 Million |
| 2017 | 45.39% | 67.41% | 0.39x | 1.74x | $997.58 Million |
| 2018 | 4.38% | 6.41% | 0.43x | 1.59x | $-158.56 Million |
| 2019 | 5.20% | 8.01% | 0.40x | 1.61x | $-140.93 Million |
| 2020 | 5.03% | 8.14% | 0.38x | 1.61x | $-147.64 Million |
| 2021 | 4.65% | 7.47% | 0.38x | 1.63x | $-161.50 Million |
| 2022 | 4.07% | 6.23% | 0.40x | 1.62x | $-182.09 Million |
| 2023 | 4.52% | 6.35% | 0.41x | 1.74x | $-161.52 Million |
| 2024 | 5.27% | 6.98% | 0.42x | 1.82x | $-135.59 Million |
Industry Comparison
This section compares Fraser and Neave Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $4,768,351,202
- Average return on equity (ROE) among peers: -224.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fraser and Neave Limited (FNEVF) | $3.38 Billion | 12.00% | 0.54x | $198.99 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $18.58 Million |
| The a2 Milk Company Limited (ACOPF) | $58.64 Million | 0.02% | 0.31x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $668.89K | -63.57% | 1.39x | $90.84 |
| Alfa S.A.B. de C.V (ALFFF) | $43.29 Billion | 8.20% | 1.29x | $2.16 Billion |
| Amincor Inc (AMNCB) | $1.83 Million | -1769.92% | 18.32x | $2.21K |
| Armanino Foods New (AMNF) | $5.68 Million | 50.87% | 0.65x | $71.04K |
| Amira Nature Foods Ltd (ANFIF) | $171.84 Million | 17.43% | 1.45x | $128.79 |
| AAK AB (publ.) (ARHUF) | $3.56 Billion | 16.89% | 1.80x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $9.48K | -513.58% | 0.36x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |