King Stone Energy Group Limited
King Stone Energy Group Limited, an investment holding company, engages in exploration and production of oil and gas in the People's Republic of China and the United States. It operates through Silver Mining, Oil and Gas, Asset Financing, Tourism, Photovoltaic, and Trading segments. The company also engages in mining and sale of silver; provision of finance leasing and factoring, and tourism agen… Read more
King Stone Energy Group Limited (YNSKF) - Net Assets
Latest net assets as of June 2023: $320.24 Million USD
Based on the latest financial reports, King Stone Energy Group Limited (YNSKF) has net assets worth $320.24 Million USD as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($517.80 Million) and total liabilities ($197.56 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 | $320.24 Million |
| % of Total Assets | 61.85% |
| Annual Growth Rate | N/A |
| 5-Year Change | -27.75% |
| 10-Year Change | N/A |
| Growth Volatility | 276.44 |
King Stone Energy Group Limited - Net Assets Trend (2014–2022)
This chart illustrates how King Stone Energy Group 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 King Stone Energy Group Limited (2014–2022)
The table below shows the annual net assets of King Stone Energy Group Limited from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | $355.44 Million | +758.68% |
| 2021-12-31 | $41.39 Million | -40.69% |
| 2020-12-31 | $69.80 Million | -79.91% |
| 2019-12-31 | $347.35 Million | -29.40% |
| 2018-12-31 | $491.99 Million | -30.83% |
| 2017-12-31 | $711.30 Million | -10.92% |
| 2016-12-31 | $798.49 Million | +35.82% |
| 2015-12-31 | $587.91 Million | +153.16% |
| 2014-12-31 | $-1.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to King Stone Energy Group 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 71043862745.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $2.85 Billion | 685.32% |
| Total Equity | $415.95 Million | 100.00% |
King Stone Energy Group Limited Competitors by Market Cap
The table below lists competitors of King Stone Energy Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arihant Capital Markets Limited
NSE:ARIHANTCAP
|
$23.13 Million |
|
Embrace Change Acquisition Corp.
NASDAQ:EMCGU
|
$23.13 Million |
|
Wilton Resources Inc
PINK:WLTNF
|
$23.15 Million |
|
Mr. Blue Corporation
KQ:207760
|
$23.15 Million |
|
Alkindo Naratama Tbk
JK:ALDO
|
$23.12 Million |
|
Robo.ai Inc.
NASDAQ:AIIO
|
$23.12 Million |
|
Provectus Biopharmaceuticals Inc
OTCQB:PVCT
|
$23.12 Million |
|
Cowealth Medical Holding Co Ltd
TWO:4745
|
$23.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in King Stone Energy Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 211,577,000 to 415,952,000, a change of 204,375,000 (96.6%).
- Net income of 108,445,000 contributed positively to equity growth.
- New share issuances of 98,938,000 increased equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $108.44 Million | +26.07% |
| Share Issuances | $98.94 Million | +23.79% |
| Other Changes | $-3.01 Million | -0.72% |
| Total Change | $- | 96.60% |
Book Value vs Market Value Analysis
This analysis compares King Stone Energy Group 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: 0.07x
- 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 0.26x to 0.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.10 | $0.03 | x |
| 2018-12-31 | $0.08 | $0.03 | x |
| 2019-12-31 | $0.06 | $0.03 | x |
| 2020-12-31 | $0.03 | $0.03 | x |
| 2021-12-31 | $0.23 | $0.03 | x |
| 2022-12-31 | $0.35 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently King Stone Energy Group 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): 26.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 73.41%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.30x
- Recent ROE (26.07%) is below the historical average (27.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -4326.29% | 0.02x | 0.00x | $-1.28 Billion |
| 2015 | 444.18% | 5303.43% | 0.05x | 1.62x | $1.97 Billion |
| 2016 | -15.23% | -631.36% | 0.02x | 1.33x | $-184.54 Million |
| 2017 | -8.77% | -321.19% | 0.02x | 1.38x | $-128.90 Million |
| 2018 | -26.96% | -608.45% | 0.03x | 1.42x | $-196.47 Million |
| 2019 | -20.04% | -489.31% | 0.03x | 1.45x | $-132.51 Million |
| 2020 | -134.04% | -524.57% | 0.11x | 2.32x | $-289.00 Million |
| 2021 | -20.26% | -49.85% | 0.18x | 2.24x | $-64.02 Million |
| 2022 | 26.07% | 73.41% | 0.27x | 1.30x | $66.85 Million |
Industry Comparison
This section compares King Stone Energy Group Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| King Stone Energy Group Limited (YNSKF) | $320.24 Million | 0.00% | 0.62x | $23.13 Million |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |