SIMEC Atlantis Energy Limited
AMPEAK ENERGY LIMITED engages in developing, building, owning, and operating energy projects in the United Kingdom. The company operates through four segments: Battery Storage, Project Development, Power Generation, and Corporate. It is involved in the tidal power generation; providing project management, consulting, and financial services; and offers battery energy storage special purpose vehicl… Read more
SIMEC Atlantis Energy Limited (SMAYF) - Net Assets
Latest net assets as of June 2025: $17.33 Million USD
Based on the latest financial reports, SIMEC Atlantis Energy Limited (SMAYF) has net assets worth $17.33 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 ($159.05 Million) and total liabilities ($141.72 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 | $17.33 Million |
| % of Total Assets | 10.9% |
| Annual Growth Rate | -2.66% |
| 5-Year Change | -78.96% |
| 10-Year Change | -70.2% |
| Growth Volatility | 209.38 |
SIMEC Atlantis Energy Limited - Net Assets Trend (2010–2024)
This chart illustrates how SIMEC Atlantis Energy 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 SIMEC Atlantis Energy Limited (2010–2024)
The table below shows the annual net assets of SIMEC Atlantis Energy Limited from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.21 Million | -62.89% |
| 2023-12-31 | $46.36 Million | +715.98% |
| 2022-12-31 | $5.68 Million | -65.95% |
| 2021-12-31 | $16.69 Million | -79.59% |
| 2020-12-31 | $81.78 Million | -13.03% |
| 2019-12-31 | $94.03 Million | -21.35% |
| 2018-12-31 | $119.56 Million | +98.49% |
| 2017-12-31 | $60.23 Million | -9.60% |
| 2016-12-31 | $66.63 Million | +15.38% |
| 2015-12-31 | $57.75 Million | +21.62% |
| 2014-12-31 | $47.48 Million | +359.09% |
| 2013-12-31 | $10.34 Million | -29.70% |
| 2012-12-31 | $14.71 Million | -31.19% |
| 2011-12-31 | $21.38 Million | -14.76% |
| 2010-12-31 | $25.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SIMEC Atlantis Energy 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 16890569506.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $201.50 Million | 909.20% |
| Other Comprehensive Income | $20.09 Million | 90.63% |
| Total Equity | $22.16 Million | 100.00% |
SIMEC Atlantis Energy Limited Competitors by Market Cap
The table below lists competitors of SIMEC Atlantis Energy Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CMR S.A.B. de C.V
MX:CMRB
|
$21.46 Million |
|
Simple Mart Retail Co Ltd
TW:2945
|
$21.47 Million |
|
MARINOMED BIOTECH AG INH.
F:93Z
|
$21.48 Million |
|
Formetal Co. Ltd
KQ:119500
|
$21.48 Million |
|
Buda Juice, Inc.
NYSE MKT:BUDA
|
$21.46 Million |
|
Rapala VMC Oyj
HE:RAP1V
|
$21.46 Million |
|
Stream Media Corporation
PINK:STEAF
|
$21.46 Million |
|
Soluna Holdings Inc
NASDAQ:SLNH
|
$21.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SIMEC Atlantis Energy Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,224,000 to 22,162,000, a change of -22,062,000 (-49.9%).
- Net loss of 20,124,000 reduced equity.
- Other comprehensive income decreased equity by 13,468,000.
- Other factors increased equity by 11,530,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.12 Million | -90.8% |
| Other Comprehensive Income | $-13.47 Million | -60.77% |
| Other Changes | $11.53 Million | +52.03% |
| Total Change | $- | -49.89% |
Book Value vs Market Value Analysis
This analysis compares SIMEC Atlantis Energy 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.13x to 1.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $0.23 | $0.03 | x |
| 2011-12-31 | $0.19 | $0.03 | x |
| 2012-12-31 | $0.19 | $0.03 | x |
| 2013-12-31 | $0.13 | $0.03 | x |
| 2014-12-31 | $0.58 | $0.03 | x |
| 2015-12-31 | $0.55 | $0.03 | x |
| 2016-12-31 | $0.52 | $0.03 | x |
| 2017-12-31 | $0.42 | $0.03 | x |
| 2018-12-31 | $0.43 | $0.03 | x |
| 2019-12-31 | $0.21 | $0.03 | x |
| 2020-12-31 | $0.17 | $0.03 | x |
| 2021-12-31 | $0.03 | $0.03 | x |
| 2022-12-31 | $0.01 | $0.03 | x |
| 2023-12-31 | $0.06 | $0.03 | x |
| 2024-12-31 | $0.03 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SIMEC Atlantis Energy 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): -90.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -140.00%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 5.19x
- Recent ROE (-90.80%) is below the historical average (-63.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -38.43% | -1152.06% | 0.03x | 1.14x | $-12.15 Million |
| 2011 | -26.09% | -4300.40% | 0.00x | 1.41x | $-7.72 Million |
| 2012 | -51.48% | -498.60% | 0.06x | 1.74x | $-9.04 Million |
| 2013 | -44.75% | -156.32% | 0.07x | 4.08x | $-5.66 Million |
| 2014 | -18.11% | -306.78% | 0.04x | 1.64x | $-12.17 Million |
| 2015 | 3.97% | 153.09% | 0.01x | 1.73x | $-3.20 Million |
| 2016 | -13.17% | -792.20% | 0.01x | 1.97x | $-13.57 Million |
| 2017 | -20.89% | -505.03% | 0.02x | 2.12x | $-16.03 Million |
| 2018 | -20.03% | -1018.45% | 0.01x | 1.68x | $-33.85 Million |
| 2019 | -39.76% | -717.68% | 0.03x | 1.92x | $-43.64 Million |
| 2020 | -25.08% | -155.95% | 0.08x | 2.09x | $-26.69 Million |
| 2021 | -452.39% | -900.32% | 0.09x | 5.88x | $-69.12 Million |
| 2022 | -180.22% | -247.28% | 0.05x | 15.81x | $-10.18 Million |
| 2023 | 57.42% | 166.18% | 0.12x | 2.92x | $20.97 Million |
| 2024 | -90.80% | -140.00% | 0.12x | 5.19x | $-22.34 Million |
Industry Comparison
This section compares SIMEC Atlantis Energy Limited's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SIMEC Atlantis Energy Limited (SMAYF) | $17.33 Million | -38.43% | 8.18x | $21.46 Million |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |