Woodbois Limited
Woodbois Limited, together with its subsidiaries, engages in the forestry, timber trading, and carbon solutions in Guernsey, Denmark, Mozambique, and the United Kingdom. The company offers sawmill timber and veneer for construction, interior design, and carpentry applications. It is also involved in provision of shared services; and property holding activities. The company was formerly known as O… Read more
Woodbois Limited (WODBF) - Net Assets
Latest net assets as of June 2024: $151.22 Million USD
Based on the latest financial reports, Woodbois Limited (WODBF) has net assets worth $151.22 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($217.91 Million) and total liabilities ($66.69 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 | $151.22 Million |
| % of Total Assets | 69.4% |
| Annual Growth Rate | -1.04% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 44.09 |
Woodbois Limited - Net Assets Trend (2020–2023)
This chart illustrates how Woodbois 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 Woodbois Limited (2020–2023)
The table below shows the annual net assets of Woodbois Limited from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $151.97 Million | +2.75% |
| 2022-12-31 | $147.91 Million | -42.77% |
| 2021-12-31 | $258.45 Million | +64.80% |
| 2020-12-31 | $156.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Woodbois 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 40.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $42.93 Million | 28.25% |
| Other Components | $109.04 Million | 71.75% |
| Total Equity | $151.97 Million | 100.00% |
Woodbois Limited Competitors by Market Cap
The table below lists competitors of Woodbois Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zonte Metals Inc
PINK:EREPF
|
$3.05 Million |
|
INVINCIBLE INVESTM.CORP.
F:8JF
|
$3.05 Million |
|
Enova Mining Ltd
AU:ENV
|
$3.05 Million |
|
APS Energia S.A.
WAR:APE
|
$3.05 Million |
|
Magellan Gold Corp
PINK:MAGE
|
$3.05 Million |
|
APPLIED MATERIALS
MU:AP2
|
$3.05 Million |
|
Taiwan Green Environment Technology Inc.
TWO:5205
|
$3.05 Million |
|
City Steel Public Company Limited
BK:CITY
|
$3.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Woodbois Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 147,905,000 to 151,968,000, a change of 4,063,000 (2.7%).
- Net loss of 8,125,000 reduced equity.
- New share issuances of 10,976,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-8.12 Million | -5.35% |
| Share Issuances | $10.98 Million | +7.22% |
| Other Changes | $1.21 Million | +0.8% |
| Total Change | $- | 2.75% |
Book Value vs Market Value Analysis
This analysis compares Woodbois 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: 0.02x
- 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 |
|---|---|---|---|
| 2020-12-31 | $0.11 | $0.00 | x |
| 2021-12-31 | $0.14 | $0.00 | x |
| 2022-12-31 | $0.07 | $0.00 | x |
| 2023-12-31 | $0.04 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Woodbois 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): -5.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -102.33%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.43x
- Recent ROE (-5.35%) is above the historical average (-12.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -4.17% | -42.84% | 0.06x | 1.50x | $-22.22 Million |
| 2021 | 34.87% | 515.95% | 0.05x | 1.46x | $64.27 Million |
| 2022 | -75.18% | -481.18% | 0.10x | 1.52x | $-125.98 Million |
| 2023 | -5.35% | -102.33% | 0.04x | 1.43x | $-23.32 Million |
Industry Comparison
This section compares Woodbois Limited's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $321,698,694
- Average return on equity (ROE) among peers: 5.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Woodbois Limited (WODBF) | $151.22 Million | -4.17% | 0.44x | $3.05 Million |
| Acadian Timber Corp (ACAZF) | $182.19 Million | 3.98% | 0.63x | $105.02 Million |
| Accsys Technologies PLC (ACSYF) | $41.13 Million | -20.08% | 0.30x | $87.44 Million |
| Arma Services Inc (ARMV) | $262.71K | -3.68% | 0.16x | $2.45K |
| Boise Cascad Llc (BCC) | $2.15 Billion | 17.49% | 0.57x | $2.67 Billion |
| Biomass Secure Power Inc (BMSPF) | $-2.95 Million | 0.00% | 0.00x | $171.40K |
| Blue Star Opportunities Corp (BSTO) | $5.97 Million | 4.18% | 0.15x | $127.34 |
| Canfor Corporation (CFPZF) | $678.90 Million | -8.38% | 2.00x | $526.98 Million |
| Conifex Timber Inc (CFXTF) | $116.33 Million | 8.21% | 0.95x | $2.04 Million |
| China Bozza Development Holdings Limited (CHBOF) | $46.72 Million | 48.61% | 3.40x | $1.30 Million |
| EcoLogix Resource Group Inc (EXRG) | $-2.83 Million | 0.00% | 0.00x | $0.93 |