i(x) Net Zero Plc
i(x) Net Zero Plc operates as an investment company with focus on energy transition and sustainability in the built environment. The company was founded in 2015 and is based in Saint Helier, Jersey.
i(x) Net Zero Plc (IXNZF) - Net Assets
Latest net assets as of December 2023: $122.18 Million USD
Based on the latest financial reports, i(x) Net Zero Plc (IXNZF) has net assets worth $122.18 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($154.26 Million) and total liabilities ($32.08 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 | $122.18 Million |
| % of Total Assets | 79.2% |
| Annual Growth Rate | 73.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 66.35 |
i(x) Net Zero Plc - Net Assets Trend (2020–2024)
This chart illustrates how i(x) Net Zero 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 i(x) Net Zero Plc (2020–2024)
The table below shows the annual net assets of i(x) Net Zero Plc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $122.18 Million | +104.82% |
| 2023-06-30 | $59.65 Million | -6.62% |
| 2022-06-30 | $63.88 Million | +178.01% |
| 2021-06-30 | $22.98 Million | +71.39% |
| 2020-06-30 | $13.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to i(x) Net Zero 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 grown by 4454198800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $44.54 Million | 36.46% |
| Other Components | $77.64 Million | 63.54% |
| Total Equity | $122.18 Million | 100.00% |
i(x) Net Zero Plc Competitors by Market Cap
The table below lists competitors of i(x) Net Zero Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citius Pharmaceuticals Inc
NASDAQ:CTXR
|
$15.25 Million |
|
WISE iTech Co. Ltd
KQ:065370
|
$15.26 Million |
|
Allane SE
F:LNSX
|
$15.28 Million |
|
seha corporation
KO:027970
|
$15.28 Million |
|
Ferronordic AB (publ)
ST:FNM
|
$15.24 Million |
|
Wolftank Group AG
XETRA:WAH
|
$15.24 Million |
|
FoundPac Group Bhd
KLSE:5277
|
$15.24 Million |
|
Lohakit Metal Public Company Limited
BK:LHK
|
$15.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in i(x) Net Zero Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,652,162 to 122,182,115, a change of 62,529,953 (104.8%).
- Net income of 62,561,729 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $62.56 Million | +51.2% |
| Other Changes | $-31.78K | -0.03% |
| Total Change | $- | 104.82% |
Book Value vs Market Value Analysis
This analysis compares i(x) Net Zero 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: 0.18x
- 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 1.54x to 0.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $0.17 | $0.26 | x |
| 2021-06-30 | $0.29 | $0.26 | x |
| 2022-06-30 | $0.81 | $0.26 | x |
| 2023-06-30 | $0.75 | $0.26 | x |
| 2024-06-30 | $1.42 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently i(x) Net Zero 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): 51.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1660.64%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.26x
- Recent ROE (51.20%) is above the historical average (20.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 6.39% | 197.43% | 0.03x | 1.12x | $-484.53K |
| 2021 | 20.21% | 150.40% | 0.13x | 1.05x | $2.35 Million |
| 2022 | 55.97% | 6372796.26% | 0.00x | 1.04x | $29.36 Million |
| 2023 | -30.39% | 0.00% | 0.00x | 1.21x | $-24.09 Million |
| 2024 | 51.20% | 1660.64% | 0.02x | 1.26x | $50.34 Million |
Industry Comparison
This section compares i(x) Net Zero Plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| i(x) Net Zero Plc (IXNZF) | $122.18 Million | 6.39% | 0.26x | $15.25 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |