Plover Bay Technologies Limited
Plover Bay Technologies Limited, an investment holding company, designs, develops, and markets software defined wide area network routers. It engages in the sale of wired and wireless routers; and provides software licenses, and warranty and support services. The company also offers human resource and intellectual property holding services. It operates in North America, Europe, the Middle East, A… Read more
Plover Bay Technologies Limited (PBTDF) - Net Assets
Latest net assets as of June 2025: $51.56 Million USD
Based on the latest financial reports, Plover Bay Technologies Limited (PBTDF) has net assets worth $51.56 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 ($107.14 Million) and total liabilities ($55.59 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 | $51.56 Million |
| % of Total Assets | 48.12% |
| Annual Growth Rate | 11.95% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.83 |
Plover Bay Technologies Limited - Net Assets Trend (2020–2024)
This chart illustrates how Plover Bay Technologies 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 Plover Bay Technologies Limited (2020–2024)
The table below shows the annual net assets of Plover Bay Technologies Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $56.30 Million | +12.10% |
| 2023-12-31 | $50.22 Million | +16.01% |
| 2022-12-31 | $43.29 Million | +8.00% |
| 2021-12-31 | $40.08 Million | +11.84% |
| 2020-12-31 | $35.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plover Bay Technologies 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 grown by 113.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $29.49 Million | 52.38% |
| Other Components | $26.81 Million | 47.62% |
| Total Equity | $56.30 Million | 100.00% |
Plover Bay Technologies Limited Competitors by Market Cap
The table below lists competitors of Plover Bay Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huafang Co Ltd
SHG:600448
|
$235.28 Million |
|
Shanxi Huayang New Material Co Ltd
SHG:600281
|
$235.29 Million |
|
Goodwill E Health Info Co Ltd
SHG:688246
|
$235.29 Million |
|
Envipco Holding N.V.
AS:ENVI
|
$235.29 Million |
|
Aurionpro Solutions Limited
NSE:AURIONPRO
|
$235.28 Million |
|
Shanxi Tond Chemical Co Ltd
SHE:002360
|
$235.21 Million |
|
DB Financial Investment Co Ltd
KO:016610
|
$235.18 Million |
|
Dong Nai Port JSC
VN:PDN
|
$235.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plover Bay Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 50,224,000 to 56,299,000, a change of 6,075,000 (12.1%).
- Net income of 38,046,000 contributed positively to equity growth.
- Dividend payments of 32,709,000 reduced retained earnings.
- Share repurchases of 88,000 reduced equity.
- New share issuances of 631,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $38.05 Million | +67.58% |
| Dividends Paid | $32.71 Million | -58.1% |
| Share Repurchases | $88.00K | -0.16% |
| Share Issuances | $631.00K | +1.12% |
| Other Changes | $195.00K | +0.35% |
| Total Change | $- | 12.10% |
Book Value vs Market Value Analysis
This analysis compares Plover Bay Technologies 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: 13.90x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 21.23x to 13.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.03 | $0.71 | x |
| 2021-12-31 | $0.04 | $0.71 | x |
| 2022-12-31 | $0.04 | $0.71 | x |
| 2023-12-31 | $0.05 | $0.71 | x |
| 2024-12-31 | $0.05 | $0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plover Bay Technologies 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): 67.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.58%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.96x
- Recent ROE (67.58%) is above the historical average (53.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 39.71% | 26.94% | 0.89x | 1.65x | $10.65 Million |
| 2021 | 52.89% | 28.60% | 1.03x | 1.79x | $17.19 Million |
| 2022 | 52.34% | 26.12% | 1.04x | 1.92x | $18.33 Million |
| 2023 | 55.95% | 29.81% | 1.11x | 1.70x | $23.08 Million |
| 2024 | 67.58% | 32.58% | 1.06x | 1.96x | $32.42 Million |
Industry Comparison
This section compares Plover Bay Technologies Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Plover Bay Technologies Limited (PBTDF) | $51.56 Million | 39.71% | 1.08x | $235.28 Million |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |