Superior Plus Corp
Superior Plus Corp. distributes propane, compressed natural gas, and renewable energy and related products and services in the United States and Canada. The company operates through four segments: United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane), and Compressed Natur… Read more
Superior Plus Corp (SUUIF) - Net Assets
Latest net assets as of September 2025: $1.07 Billion USD
Based on the latest financial reports, Superior Plus Corp (SUUIF) has net assets worth $1.07 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.46 Billion) and total liabilities ($2.38 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 | $1.07 Billion |
| % of Total Assets | 31.1% |
| Annual Growth Rate | 3.22% |
| 5-Year Change | -10.49% |
| 10-Year Change | 60.54% |
| Growth Volatility | 22.25 |
Superior Plus Corp - Net Assets Trend (1998–2024)
This chart illustrates how Superior Plus Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Superior Plus Corp (1998–2024)
The table below shows the annual net assets of Superior Plus Corp from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.15 Billion | -35.30% |
| 2023-12-31 | $1.77 Billion | +21.25% |
| 2022-12-31 | $1.46 Billion | +11.30% |
| 2021-12-31 | $1.31 Billion | +2.51% |
| 2020-12-31 | $1.28 Billion | +23.21% |
| 2019-12-31 | $1.04 Billion | -4.58% |
| 2018-12-31 | $1.09 Billion | +40.32% |
| 2017-12-31 | $776.00 Million | -16.43% |
| 2016-12-31 | $928.60 Million | +30.11% |
| 2015-12-31 | $713.70 Million | +29.67% |
| 2014-12-31 | $550.40 Million | +1.89% |
| 2013-12-31 | $540.20 Million | +41.08% |
| 2012-12-31 | $382.90 Million | +9.53% |
| 2011-12-31 | $349.60 Million | -22.33% |
| 2010-12-31 | $450.10 Million | -22.99% |
| 2009-12-31 | $584.50 Million | +1.79% |
| 2008-12-31 | $574.20 Million | -6.89% |
| 2007-12-31 | $616.70 Million | +3.54% |
| 2006-12-31 | $595.60 Million | -25.82% |
| 2005-12-31 | $802.90 Million | +19.85% |
| 2004-12-31 | $669.90 Million | -19.89% |
| 2003-12-31 | $836.20 Million | +27.51% |
| 2002-12-31 | $655.80 Million | +46.17% |
| 2001-12-31 | $448.66 Million | +12.82% |
| 2000-12-31 | $397.70 Million | -10.40% |
| 1999-12-31 | $443.86 Million | -11.62% |
| 1998-12-31 | $502.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Superior Plus Corp'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 170622200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.63 Billion | 296.41% |
| Other Comprehensive Income | $-8.20 Million | -0.93% |
| Other Components | $1.10 Million | 0.12% |
| Total Equity | $885.80 Million | 100.00% |
Superior Plus Corp Competitors by Market Cap
The table below lists competitors of Superior Plus Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Hailu Heavy Industry Co Ltd
SHE:002255
|
$1.06 Billion |
|
Indofood Cbp Sukses Makmur Tbk
JK:ICBP
|
$1.06 Billion |
|
RLX Technology Inc
NYSE:RLX
|
$1.06 Billion |
|
HC Semitek Corp
SHE:300323
|
$1.06 Billion |
|
Trinity Capital Inc
NASDAQ:TRIN
|
$1.06 Billion |
|
Top Glove Corporation Bhd
PINK:TPGVF
|
$1.05 Billion |
|
SIMCERE PHARMAC. GRP LTD
F:S2P
|
$1.05 Billion |
|
Bittium Oyj
HE:BITTI
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Superior Plus Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,426,600,000 to 885,800,000, a change of -540,800,000 (-37.9%).
- Net loss of 36,800,000 reduced equity.
- Dividend payments of 149,100,000 reduced retained earnings.
- Share repurchases of 47,000,000 reduced equity.
- Other comprehensive income decreased equity by 125,300,000.
- Other factors decreased equity by 182,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.80 Million | -4.15% |
| Dividends Paid | $149.10 Million | -16.83% |
| Share Repurchases | $47.00 Million | -5.31% |
| Other Comprehensive Income | $-125.30 Million | -14.15% |
| Other Changes | $-182.60 Million | -20.61% |
| Total Change | $- | -37.91% |
Book Value vs Market Value Analysis
This analysis compares Superior Plus Corp'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: 1.40x
- 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 0.41x to 1.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $11.47 | $4.75 | x |
| 1999-12-31 | $9.69 | $4.75 | x |
| 2000-12-31 | $8.68 | $4.75 | x |
| 2001-12-31 | $9.80 | $4.75 | x |
| 2002-12-31 | $12.42 | $4.75 | x |
| 2003-12-31 | $10.89 | $4.75 | x |
| 2004-12-31 | $9.12 | $4.75 | x |
| 2005-12-31 | $9.84 | $4.75 | x |
| 2006-12-31 | $6.93 | $4.75 | x |
| 2007-12-31 | $7.10 | $4.75 | x |
| 2008-12-31 | $6.50 | $4.75 | x |
| 2009-12-31 | $6.42 | $4.75 | x |
| 2010-12-31 | $4.26 | $4.75 | x |
| 2011-12-31 | $3.20 | $4.75 | x |
| 2012-12-31 | $3.42 | $4.75 | x |
| 2013-12-31 | $4.19 | $4.75 | x |
| 2014-12-31 | $4.14 | $4.75 | x |
| 2015-12-31 | $5.53 | $4.75 | x |
| 2016-12-31 | $6.28 | $4.75 | x |
| 2017-12-31 | $5.43 | $4.75 | x |
| 2018-12-31 | $6.89 | $4.75 | x |
| 2019-12-31 | $5.94 | $4.75 | x |
| 2020-12-31 | $5.00 | $4.75 | x |
| 2021-12-31 | $5.59 | $4.75 | x |
| 2022-12-31 | $5.69 | $4.75 | x |
| 2023-12-31 | $6.23 | $4.75 | x |
| 2024-12-31 | $3.38 | $4.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Superior Plus Corp 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): -4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.54%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 4.16x
- Recent ROE (-4.15%) is below the historical average (3.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 5.71% | 7.29% | 0.49x | 1.58x | $-21.53 Million |
| 1999 | 2.53% | 2.65% | 0.53x | 1.81x | $-33.16 Million |
| 2000 | 6.75% | 4.01% | 0.79x | 2.13x | $-12.93 Million |
| 2001 | 8.33% | 4.75% | 1.20x | 1.46x | $-7.48 Million |
| 2002 | 10.49% | 10.73% | 0.46x | 2.12x | $3.22 Million |
| 2003 | 0.61% | 0.41% | 0.86x | 1.72x | $-78.52 Million |
| 2004 | 16.60% | 7.16% | 1.00x | 2.31x | $44.21 Million |
| 2005 | 13.21% | 4.89% | 0.93x | 2.90x | $25.81 Million |
| 2006 | -13.57% | -3.57% | 1.47x | 2.58x | $-140.36 Million |
| 2007 | 19.43% | 5.09% | 1.53x | 2.50x | $58.13 Million |
| 2008 | 11.79% | 2.72% | 1.23x | 3.53x | $10.28 Million |
| 2009 | 11.69% | 3.04% | 0.99x | 3.89x | $9.85 Million |
| 2010 | -10.44% | -1.33% | 1.44x | 5.44x | $-92.01 Million |
| 2011 | -86.56% | -7.71% | 1.79x | 6.27x | $-337.56 Million |
| 2012 | 24.31% | 2.57% | 1.78x | 5.32x | $54.81 Million |
| 2013 | 9.76% | 1.40% | 1.75x | 3.96x | $-1.32 Million |
| 2014 | 10.34% | 1.43% | 1.88x | 3.84x | $1.86 Million |
| 2015 | 3.71% | 0.80% | 1.55x | 3.00x | $-44.87 Million |
| 2016 | 31.73% | 14.56% | 1.10x | 1.99x | $201.74 Million |
| 2017 | -3.60% | -1.17% | 1.02x | 3.01x | $-105.50 Million |
| 2018 | -3.12% | -1.25% | 0.75x | 3.35x | $-142.89 Million |
| 2019 | 13.72% | 5.00% | 0.78x | 3.50x | $38.70 Million |
| 2020 | 6.20% | 2.46% | 0.63x | 4.03x | $-36.03 Million |
| 2021 | 1.75% | 0.72% | 0.67x | 3.62x | $-81.16 Million |
| 2022 | -7.93% | -2.60% | 0.75x | 4.04x | $-198.71 Million |
| 2023 | 3.62% | 2.04% | 0.49x | 3.63x | $-91.06 Million |
| 2024 | -4.15% | -1.54% | 0.65x | 4.16x | $-125.38 Million |
Industry Comparison
This section compares Superior Plus Corp's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $9,591,711,655
- Average return on equity (ROE) among peers: 15.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Superior Plus Corp (SUUIF) | $1.07 Billion | 5.71% | 2.22x | $1.06 Billion |
| APA Group (APAJF) | $3.21 Billion | 8.05% | 4.14x | $6.28 Billion |
| Ascopiave S.p.A (ASCOF) | $409.67 Million | 8.69% | 1.12x | $220.54 Million |
| Atmos Energy Corporation (ATO) | $1.65 Billion | 8.96% | 2.47x | $30.35 Billion |
| Beijing Gas Blue Sky Holdings Limited (BJGBF) | $25.42 Million | 42.17% | 3.14x | $31.34 Million |
| Black Hills Corporation (BKH) | $205.40 Million | 15.77% | 1.48x | $5.29 Billion |
| CF Energy Corp (CGFEF) | $47.11 Million | 14.33% | 1.32x | $2.67 Million |
| China Gas Holdings Limited (CGHOF) | $45.80 Billion | 20.06% | 1.45x | $2.35 Billion |
| Chesapeake Utilities Corporation (CPK) | $561.58 Million | 11.60% | 2.18x | $3.01 Billion |
| China Resources Gas Group Limited (CRGGF) | $31.61 Billion | 14.08% | 1.33x | $2.74 Billion |
| China Suntien Green Energy Corporation Limited (CSGEF) | $12.40 Billion | 10.23% | 2.16x | $894.23 Million |