Serica Energy plc
Serica Energy plc, together with its subsidiaries, identifies, acquires, and exploits oil and gas reserves oil in the United Kingdom. The company is headquartered in Aberdeen, the United Kingdom.
Serica Energy plc (SQZZF) - Net Assets
Latest net assets as of June 2025: $722.10 Million USD
Based on the latest financial reports, Serica Energy plc (SQZZF) has net assets worth $722.10 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 ($1.51 Billion) and total liabilities ($784.66 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 | $722.10 Million |
| % of Total Assets | 47.92% |
| Annual Growth Rate | 14.9% |
| 5-Year Change | 298.54% |
| 10-Year Change | 1482.78% |
| Growth Volatility | 121.21 |
Serica Energy plc - Net Assets Trend (1996–2024)
This chart illustrates how Serica Energy 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 Serica Energy plc (1996–2024)
The table below shows the annual net assets of Serica Energy plc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $796.46 Million | -19.82% |
| 2023-12-31 | $993.29 Million | +97.73% |
| 2022-12-31 | $502.35 Million | +84.33% |
| 2021-12-31 | $272.53 Million | +36.37% |
| 2020-12-31 | $199.85 Million | +29.57% |
| 2019-12-31 | $154.24 Million | +10.50% |
| 2018-12-31 | $139.58 Million | +84.58% |
| 2017-12-31 | $75.62 Million | +9.81% |
| 2016-12-31 | $68.87 Million | +36.86% |
| 2015-12-31 | $50.32 Million | +18.28% |
| 2014-12-31 | $42.54 Million | -30.97% |
| 2013-12-31 | $61.63 Million | +13.03% |
| 2012-12-31 | $54.53 Million | -23.46% |
| 2011-12-31 | $71.24 Million | -14.20% |
| 2010-12-31 | $83.03 Million | -22.48% |
| 2009-12-31 | $107.10 Million | -6.95% |
| 2008-12-31 | $115.10 Million | +97.66% |
| 2007-12-31 | $58.23 Million | -9.55% |
| 2006-12-31 | $64.38 Million | -11.03% |
| 2005-12-31 | $72.36 Million | +614.70% |
| 2004-12-31 | $10.12 Million | +162.27% |
| 2003-12-31 | $3.86 Million | -52.94% |
| 2002-12-31 | $8.20 Million | -13.55% |
| 2001-12-31 | $9.49 Million | -1.85% |
| 2000-12-31 | $9.67 Million | +17.83% |
| 1999-12-31 | $8.20 Million | +30.92% |
| 1998-12-31 | $6.27 Million | -63.71% |
| 1997-12-31 | $17.27 Million | +5.80% |
| 1996-12-31 | $16.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Serica Energy 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 25085658755.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $249.83 Million | 31.37% |
| Common Stock | $39.31 Million | 4.94% |
| Other Components | $507.32 Million | 63.70% |
| Total Equity | $796.46 Million | 100.00% |
Serica Energy plc Competitors by Market Cap
The table below lists competitors of Serica Energy plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sincere Navigation Corp
TW:2605
|
$451.14 Million |
|
Jingsu Jingshen Salt&Chem
SHG:603299
|
$451.19 Million |
|
D I Corp
KO:003160
|
$451.20 Million |
|
OIL&GAS REGS
IL:OGDC
|
$451.32 Million |
|
Heimar hf.
IC:HEIMAR
|
$450.95 Million |
|
AstraZeneca Pharma India Limited
NSE:ASTRAZEN
|
$450.91 Million |
|
SOCIETE LDC INH. EO 040
F:LC41
|
$450.90 Million |
|
COOR Service Management AB
ST:COOR
|
$450.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Serica Energy plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 655,262,000 to 796,458,000, a change of 141,196,000 (21.5%).
- Net income of 92,429,000 contributed positively to equity growth.
- Dividend payments of 113,385,000 reduced retained earnings.
- Share repurchases of 18,775,000 reduced equity.
- New share issuances of 280,000 increased equity.
- Other comprehensive income decreased equity by 17,822,000.
- Other factors increased equity by 198,469,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $92.43 Million | +11.61% |
| Dividends Paid | $113.39 Million | -14.24% |
| Share Repurchases | $18.77 Million | -2.36% |
| Share Issuances | $280.00K | +0.04% |
| Other Comprehensive Income | $-17.82 Million | -2.24% |
| Other Changes | $198.47 Million | +24.92% |
| Total Change | $- | 21.55% |
Book Value vs Market Value Analysis
This analysis compares Serica Energy 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: 0.95x
- 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 3.99x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $0.48 | $1.90 | x |
| 1997-12-31 | $0.36 | $1.90 | x |
| 1998-12-31 | $0.10 | $1.90 | x |
| 1999-12-31 | $0.09 | $1.90 | x |
| 2000-12-31 | $0.09 | $1.90 | x |
| 2001-12-31 | $0.07 | $1.90 | x |
| 2002-12-31 | $0.06 | $1.90 | x |
| 2003-12-31 | $0.03 | $1.90 | x |
| 2004-12-31 | $0.21 | $1.90 | x |
| 2005-12-31 | $0.92 | $1.90 | x |
| 2006-12-31 | $0.44 | $1.90 | x |
| 2007-12-31 | $0.38 | $1.90 | x |
| 2008-12-31 | $0.65 | $1.90 | x |
| 2009-12-31 | $0.60 | $1.90 | x |
| 2010-12-31 | $0.47 | $1.90 | x |
| 2011-12-31 | $0.40 | $1.90 | x |
| 2012-12-31 | $0.31 | $1.90 | x |
| 2013-12-31 | $0.32 | $1.90 | x |
| 2014-12-31 | $0.17 | $1.90 | x |
| 2015-12-31 | $0.20 | $1.90 | x |
| 2016-12-31 | $0.26 | $1.90 | x |
| 2017-12-31 | $0.28 | $1.90 | x |
| 2018-12-31 | $0.51 | $1.90 | x |
| 2019-12-31 | $0.56 | $1.90 | x |
| 2020-12-31 | $0.77 | $1.90 | x |
| 2021-12-31 | $0.96 | $1.90 | x |
| 2022-12-31 | $1.72 | $1.90 | x |
| 2023-12-31 | $1.75 | $1.90 | x |
| 2024-12-31 | $1.99 | $1.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Serica Energy 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): 11.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.71%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.84x
- Recent ROE (11.61%) is above the historical average (-6.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -6.27% | -400.00% | 0.02x | 1.03x | $-2.65 Million |
| 1997 | -8.33% | -40.96% | 0.18x | 1.14x | $-3.17 Million |
| 1998 | -161.49% | -238.53% | 0.53x | 1.29x | $-10.75 Million |
| 1999 | 9.37% | 12.50% | 0.69x | 1.09x | $-51.27K |
| 2000 | 4.74% | 7.45% | 0.60x | 1.06x | $-508.78K |
| 2001 | 1.41% | 2.27% | 0.60x | 1.04x | $-815.44K |
| 2002 | -5.55% | -11.47% | 0.47x | 1.03x | $-1.28 Million |
| 2003 | -30.96% | -1749.18% | 0.01x | 1.33x | $-1.58 Million |
| 2004 | -39.87% | -4962.82% | 0.01x | 1.30x | $-5.05 Million |
| 2005 | -8.45% | -8487.10% | 0.00x | 1.13x | $-13.35 Million |
| 2006 | -11.40% | -23565.57% | 0.00x | 1.25x | $-13.77 Million |
| 2007 | -11.80% | 0.00% | 0.00x | 1.32x | $-12.70 Million |
| 2008 | -0.58% | 0.00% | 0.00x | 1.28x | $-12.17 Million |
| 2009 | 3.34% | 75.62% | 0.03x | 1.47x | $-7.14 Million |
| 2010 | -34.51% | -141.26% | 0.20x | 1.23x | $-36.95 Million |
| 2011 | -18.42% | -75.14% | 0.22x | 1.11x | $-20.24 Million |
| 2012 | -28.04% | -160.40% | 0.15x | 1.15x | $-20.74 Million |
| 2013 | -4.93% | 0.00% | 0.00x | 1.04x | $-9.20 Million |
| 2014 | -54.48% | 0.00% | 0.00x | 1.06x | $-27.43 Million |
| 2015 | 8.70% | 27.02% | 0.21x | 1.54x | $-652.01K |
| 2016 | 12.76% | 50.57% | 0.18x | 1.36x | $1.90 Million |
| 2017 | 16.74% | 53.50% | 0.27x | 1.14x | $5.09 Million |
| 2018 | 42.18% | 163.33% | 0.06x | 4.35x | $44.92 Million |
| 2019 | 41.51% | 25.55% | 0.67x | 2.42x | $48.60 Million |
| 2020 | 3.89% | 6.19% | 0.28x | 2.24x | $-12.21 Million |
| 2021 | 29.10% | 15.42% | 0.75x | 2.52x | $52.04 Million |
| 2022 | 43.54% | 21.55% | 0.94x | 2.15x | $165.76 Million |
| 2023 | 15.72% | 13.05% | 0.50x | 2.41x | $37.46 Million |
| 2024 | 11.61% | 12.71% | 0.50x | 1.84x | $12.78 Million |
Industry Comparison
This section compares Serica Energy plc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $725,430,102
- Average return on equity (ROE) among peers: -4.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Serica Energy plc (SQZZF) | $722.10 Million | -6.27% | 1.09x | $451.05 Million |
| Advantage Energy Ltd. (AAVVF) | $1.46 Billion | 28.18% | 0.37x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $6.43 Million | -102.77% | 0.09x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.67 Billion | 10.60% | 0.70x | $10.30 Billion |
| Aminex PLC (AEXFF) | $53.12 Million | -6.15% | 0.15x | $77.17 Million |
| Aker BP ASA (AKRBF) | $1.99 Billion | 2.25% | 5.25x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-11.63 Million | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $1.91 Million | -8.89% | 0.28x | $428.76K |
| Altex Industries Inc (ALTX) | $1.30 Million | -5.62% | 0.84x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $80.73 Million | -15.39% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $6.15 Million | 55.97% | 0.13x | $4.80 Million |