Nagacorp Ltd
NagaCorp Ltd., an investment holding company, engages in the management and operation of hotel and casino complex in the Kingdom of Cambodia. The company operates in two segments, Casino Operations; and Hotel and Entertainment Operations. It owns, manages, and operates NagaWorld, an integrated hotel and entertainment complex that consists of rooms and suites, gaming tables, and electronic gaming … Read more
Nagacorp Ltd (NGCRF) - Net Assets
Latest net assets as of June 2025: $2.31 Billion USD
Based on the latest financial reports, Nagacorp Ltd (NGCRF) has net assets worth $2.31 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.58 Billion) and total liabilities ($279.42 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 | $2.31 Billion |
| % of Total Assets | 89.19% |
| Annual Growth Rate | 27.51% |
| 5-Year Change | 30.12% |
| 10-Year Change | 213.93% |
| Growth Volatility | 222.61 |
Nagacorp Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Nagacorp Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nagacorp Ltd (2005–2024)
The table below shows the annual net assets of Nagacorp Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.16 Billion | +6.46% |
| 2023-12-31 | $2.02 Billion | +9.48% |
| 2022-12-31 | $1.85 Billion | +12.11% |
| 2021-12-31 | $1.65 Billion | -0.42% |
| 2020-12-31 | $1.66 Billion | -7.38% |
| 2019-12-31 | $1.79 Billion | +16.14% |
| 2018-12-31 | $1.54 Billion | +11.38% |
| 2017-12-31 | $1.38 Billion | +10.52% |
| 2016-12-31 | $1.25 Billion | +82.21% |
| 2015-12-31 | $686.58 Million | +9.76% |
| 2014-12-31 | $625.50 Million | +4.26% |
| 2013-12-31 | $599.96 Million | +49.28% |
| 2012-12-31 | $401.90 Million | +14.02% |
| 2011-12-31 | $352.48 Million | +14.19% |
| 2010-12-31 | $308.69 Million | +7.28% |
| 2009-12-31 | $287.75 Million | +6.49% |
| 2008-12-31 | $270.20 Million | +2.91% |
| 2007-12-31 | $262.57 Million | +11.31% |
| 2006-12-31 | $235.88 Million | +1007.64% |
| 2005-12-31 | $21.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nagacorp Ltd'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 5229.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $961.51 Million | 44.61% |
| Common Stock | $55.29 Million | 2.57% |
| Other Comprehensive Income | $386.66 Million | 17.94% |
| Other Components | $751.92 Million | 34.89% |
| Total Equity | $2.16 Billion | 100.00% |
Nagacorp Ltd Competitors by Market Cap
The table below lists competitors of Nagacorp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sipef S.A.
LSE:0JSU
|
$460.94 Million |
|
Beijing New Oriental Star Petrochemical Engineering Co Ltd
SHE:002755
|
$461.00 Million |
|
Hubei Hongyuan Pharmaceutical Technology Co. Ltd. A
SHE:301246
|
$461.09 Million |
|
Shenzhen Liande Automatic Equipment Co Ltd
SHE:300545
|
$461.09 Million |
|
Columbia Financial Inc
NASDAQ:CLBK
|
$460.69 Million |
|
Goldcard High-Tech Co Ltd
SHE:300349
|
$460.68 Million |
|
DIGITAL CORE REIT
PINK:DGTCF
|
$460.68 Million |
|
Nilfisk Holding A/S
CO:NLFSK
|
$460.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nagacorp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,024,646,000 to 2,155,381,000, a change of 130,735,000 (6.5%).
- Net income of 110,039,688 contributed positively to equity growth.
- Other comprehensive income increased equity by 89,360,460.
- Other factors decreased equity by 68,665,148.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $110.04 Million | +5.11% |
| Other Comprehensive Income | $89.36 Million | +4.15% |
| Other Changes | $-68.67 Million | -3.19% |
| Total Change | $- | 6.46% |
Book Value vs Market Value Analysis
This analysis compares Nagacorp Ltd'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: 0.90x
- 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 43.83x to 0.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.01 | $0.44 | x |
| 2006-12-31 | $0.15 | $0.44 | x |
| 2007-12-31 | $0.12 | $0.44 | x |
| 2008-12-31 | $0.13 | $0.44 | x |
| 2009-12-31 | $0.14 | $0.44 | x |
| 2010-12-31 | $0.15 | $0.44 | x |
| 2011-12-31 | $0.17 | $0.44 | x |
| 2012-12-31 | $0.19 | $0.44 | x |
| 2013-12-31 | $0.26 | $0.44 | x |
| 2014-12-31 | $0.27 | $0.44 | x |
| 2015-12-31 | $0.30 | $0.44 | x |
| 2016-12-31 | $0.47 | $0.44 | x |
| 2017-12-31 | $0.31 | $0.44 | x |
| 2018-12-31 | $0.35 | $0.44 | x |
| 2019-12-31 | $0.40 | $0.44 | x |
| 2020-12-31 | $0.37 | $0.44 | x |
| 2021-12-31 | $0.37 | $0.44 | x |
| 2022-12-31 | $0.42 | $0.44 | x |
| 2023-12-31 | $0.46 | $0.44 | x |
| 2024-12-31 | $0.49 | $0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nagacorp Ltd 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): 5.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.83%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.14x
- Recent ROE (5.11%) is below the historical average (20.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 117.12% | 38.80% | 0.43x | 7.05x | $22.81 Million |
| 2006 | 13.83% | 38.19% | 0.34x | 1.05x | $9.03 Million |
| 2007 | 19.12% | 34.86% | 0.51x | 1.08x | $23.94 Million |
| 2008 | 14.81% | 20.68% | 0.66x | 1.09x | $12.99 Million |
| 2009 | 8.85% | 21.63% | 0.38x | 1.09x | $-3.31 Million |
| 2010 | 14.27% | 29.27% | 0.47x | 1.04x | $13.19 Million |
| 2011 | 26.11% | 41.13% | 0.60x | 1.05x | $56.78 Million |
| 2012 | 28.15% | 40.59% | 0.65x | 1.07x | $72.95 Million |
| 2013 | 23.38% | 40.67% | 0.54x | 1.07x | $80.29 Million |
| 2014 | 21.76% | 33.66% | 0.61x | 1.06x | $73.54 Million |
| 2015 | 25.14% | 34.27% | 0.70x | 1.05x | $103.97 Million |
| 2016 | 14.72% | 34.65% | 0.41x | 1.03x | $59.06 Million |
| 2017 | 18.46% | 26.68% | 0.65x | 1.06x | $116.93 Million |
| 2018 | 25.36% | 26.49% | 0.75x | 1.28x | $236.59 Million |
| 2019 | 29.15% | 29.69% | 0.75x | 1.31x | $342.44 Million |
| 2020 | 6.18% | 11.64% | 0.34x | 1.54x | $-63.34 Million |
| 2021 | -8.91% | -68.82% | 0.09x | 1.47x | $-311.97 Million |
| 2022 | 5.80% | 24.62% | 0.17x | 1.40x | $-77.68 Million |
| 2023 | 8.78% | 35.41% | 0.18x | 1.36x | $-24.73 Million |
| 2024 | 5.11% | 20.83% | 0.21x | 1.14x | $-105.50 Million |
Industry Comparison
This section compares Nagacorp Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $3,859,979,137
- Average return on equity (ROE) among peers: -4.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nagacorp Ltd (NGCRF) | $2.31 Billion | 117.12% | 0.12x | $460.72 Million |
| Archon Corporation (ARHN) | $24.65 Million | -30.23% | 8.66x | $132.68K |
| Bally's Corp (BALY) | $211.41 Million | 26.08% | 3.83x | $133.77 Million |
| Bloomberry Resorts Corporation (BLBRF) | $30.29 Billion | 20.05% | 1.40x | $522.71 Million |
| Blue Ridge Real Estate Company (BRRE) | $-708.73K | 0.00% | 0.00x | $8.61 Million |
| Boyd Gaming Corporation (BYD) | $1.11 Billion | 10.52% | 2.51x | $4.44 Billion |
| Banyan Tree Holdings Limited (BYNEF) | $719.75 Million | 1.87% | 1.27x | $195.40K |
| Concorde Gaming Corporation (CGAM) | $1.98 Million | -48.86% | 7.92x | $0.91 |
| Century Casinos Inc (CNTY) | $126.98 Million | -37.80% | 4.36x | $29.64 Million |
| Canterbury Park Holding Corporation (CPHC) | $49.42 Million | 5.50% | 0.32x | $39.22 Million |
| Caesars Entertainment Corporation (CZR) | $6.07 Billion | 8.83% | 2.67x | $3.95 Billion |