Superbag Company Limited
Superbag Company, Limited manufactures and markets paper and plastic shopping bags in Japan and internationally. It operates through Paper Products, Chemicals, and Other Businesses segments. The company was formerly known as Fukuda Trading Co., Ltd. and changed its name to Superbag Company, Limited in June 1963. Superbag Company, Limited was founded in 1905 and is headquartered in Tokyo, Japan.
Superbag Company Limited (SUPBF) - Net Assets
Latest net assets as of June 2024: $4.23 Billion USD
Based on the latest financial reports, Superbag Company Limited (SUPBF) has net assets worth $4.23 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.18 Billion) and total liabilities ($10.94 Billion). 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 | $4.23 Billion |
| % of Total Assets | 27.9% |
| Annual Growth Rate | 4.89% |
| 5-Year Change | 27.53% |
| 10-Year Change | N/A |
| Growth Volatility | 20.92 |
Superbag Company Limited - Net Assets Trend (2019–2024)
This chart illustrates how Superbag Company 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 Superbag Company Limited (2019–2024)
The table below shows the annual net assets of Superbag Company Limited from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $4.15 Billion | +39.11% |
| 2023-03-31 | $2.98 Billion | +21.70% |
| 2022-03-31 | $2.45 Billion | -19.66% |
| 2021-03-31 | $3.05 Billion | -6.24% |
| 2020-03-31 | $3.25 Billion | -0.43% |
| 2019-03-31 | $3.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Superbag Company 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 135.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.14 Billion | 27.57% |
| Common Stock | $1.37 Billion | 33.20% |
| Other Comprehensive Income | $4.99 Million | 0.12% |
| Other Components | $1.62 Billion | 39.10% |
| Total Equity | $4.14 Billion | 100.00% |
Superbag Company Limited Competitors by Market Cap
The table below lists competitors of Superbag Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
3R Games SA
WAR:3RG
|
$5.38 Million |
|
Cubex Tubings Limited
NSE:CUBEXTUB
|
$5.39 Million |
|
Prasidha Aneka Niaga Tbk
JK:PSDN
|
$5.39 Million |
|
ECARX Holdings Inc. Warrants
NASDAQ:ECXWW
|
$5.39 Million |
|
InnoTherapy Inc
KQ:246960
|
$5.38 Million |
|
Intouch Insight Ltd
OTCQX:INXSF
|
$5.38 Million |
|
Cosigo Resources Ltd.
V:CSG
|
$5.38 Million |
|
Altamin Ltd
AU:AZI
|
$5.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Superbag Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,971,000,000 to 4,138,000,000, a change of 1,167,000,000 (39.3%).
- Net income of 866,000,000 contributed positively to equity growth.
- Share repurchases of 113,000,000 reduced equity.
- Other comprehensive income decreased equity by 339,005,108.
- Other factors increased equity by 753,005,108.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $866.00 Million | +20.93% |
| Share Repurchases | $113.00 Million | -2.73% |
| Other Comprehensive Income | $-339.01 Million | -8.19% |
| Other Changes | $753.01 Million | +18.2% |
| Total Change | $- | 39.28% |
Book Value vs Market Value Analysis
This analysis compares Superbag Company 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | $2048.30 | $7.27 | x |
| 2020-03-31 | $2028.69 | $7.27 | x |
| 2021-03-31 | $1900.56 | $7.27 | x |
| 2022-03-31 | $1596.47 | $7.27 | x |
| 2023-03-31 | $1944.02 | $7.27 | x |
| 2024-03-31 | $2727.27 | $7.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Superbag Company 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): 20.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.23%
- • Asset Turnover: 1.72x
- • Equity Multiplier: 3.77x
- Recent ROE (20.93%) is above the historical average (-3.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -29.79% | -2.83% | 1.93x | 5.47x | $-1.25 Billion |
| 2020 | 11.32% | 1.10% | 1.96x | 5.25x | $40.90 Million |
| 2021 | -13.18% | -1.46% | 1.80x | 5.01x | $-673.50 Million |
| 2022 | -26.31% | -2.55% | 1.82x | 5.65x | $-886.00 Million |
| 2023 | 15.92% | 1.87% | 1.79x | 4.75x | $175.90 Million |
| 2024 | 20.93% | 3.23% | 1.72x | 3.77x | $452.20 Million |
Industry Comparison
This section compares Superbag Company Limited's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $18,337,593,032
- Average return on equity (ROE) among peers: 3.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Superbag Company Limited (SUPBF) | $4.23 Billion | -29.79% | 2.58x | $5.38 Million |
| BillerudKorsnäs AB (publ) (BLRDF) | $28.98 Billion | 6.03% | 0.73x | $2.08 Billion |
| Canfor Pulp Products Inc (CFPUF) | $427.40 Million | -18.51% | 0.77x | $14.25 Million |
| Clearwater Paper Corporation (CLW) | $854.40 Million | -12.98% | 0.97x | $207.12 Million |
| Glatfelter (GLT) | $371.43 Million | 3.41% | 1.77x | $59.22 Million |
| Holmen AB (publ) (HLMMF) | $56.92 Billion | 6.49% | 0.40x | $3.34 Billion |
| IT Tech Packaging Inc (ITP) | $156.05 Million | -6.31% | 0.14x | $3.10 Million |
| JPPPF (JPPPF) | $89.87 Billion | 4.06% | 2.58x | $339.45 Million |
| Klabin Sa A (KLBAY) | $2.17 Billion | 21.02% | 1.02x | $7.37 Billion |
| Mercer International Inc (MERC) | $288.77 Million | 28.89% | 4.95x | $79.08 Million |
| Mondi plc (MNODF) | $3.34 Billion | 6.98% | 1.06x | $5.78 Billion |