Rompetrol Rafi (RRC) - Net Assets
Based on the latest financial reports, Rompetrol Rafi (RRC) has net assets worth RON535.41 Million RON (≈ $122.94 Million USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON2.87 Billion ≈ $657.86 Million USD) and total liabilities (RON2.33 Billion ≈ $534.93 Million USD). 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. Also explore Rompetrol Rafi (RRC) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON535.41 Million |
| % of Total Assets | 18.69% |
| Annual Growth Rate | -4.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.33 |
Rompetrol Rafi - Net Assets Trend (2019–2022)
This chart illustrates how Rompetrol Rafi's net assets have evolved over time, based on quarterly financial data. Check Rompetrol Rafi (RRC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Rompetrol Rafi (2019–2022)
The table below shows the annual net assets of Rompetrol Rafi from 2019 to 2022. For live valuation and market cap data, see RRC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | RON536.78 Million ≈ $123.25 Million |
+16.04% |
| 2021-09-30 | RON462.58 Million ≈ $106.22 Million |
+9.80% |
| 2020-09-30 | RON421.30 Million ≈ $96.74 Million |
-32.00% |
| 2019-09-30 | RON619.53 Million ≈ $142.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Rompetrol Rafi'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 35670903500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RON1.68 Billion | 322.70% |
| Total Equity | RON520.00 Million | 100.00% |
Rompetrol Rafi Competitors by Market Cap
The table below lists competitors of Rompetrol Rafi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tibet Weixinkang Medicine Co Ltd
SHG:603676
|
$533.62 Million |
|
Foshan Nationstar Optoelectronics Co Ltd
SHE:002449
|
$533.97 Million |
|
Armada Hoffler Properties, Inc.
NYSE:AHRT
|
$533.97 Million |
|
Kenda Rubber Industrial Co Ltd
TW:2106
|
$534.00 Million |
|
Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356
|
$533.54 Million |
|
Song Da Urban & Industrial Zone Investment and Development JSC
VN:SJS
|
$533.47 Million |
|
Jiujiang Shanshui Technology Co.Ltd
SHE:301190
|
$533.31 Million |
|
Escar Turizm Tasimacilik Ticaret AS
IS:ESCAR
|
$533.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rompetrol Rafi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 445,584,742 to 520,001,771, a change of 74,417,029 (16.7%).
- Net income of 90,624,390 contributed positively to equity growth.
- Other factors decreased equity by 16,207,361.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON90.62 Million | +17.43% |
| Other Changes | RON-16.21 Million | -3.12% |
| Total Change | RON- | 16.70% |
Book Value vs Market Value Analysis
This analysis compares Rompetrol Rafi'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: 0.89x
- 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 3.86x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | RON0.02 | RON0.09 | x |
| 2020-09-30 | RON0.08 | RON0.09 | x |
| 2021-09-30 | RON0.08 | RON0.09 | x |
| 2022-09-30 | RON0.10 | RON0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rompetrol Rafi 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): 17.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.69%
- • Asset Turnover: 2.24x
- • Equity Multiplier: 4.60x
- Recent ROE (17.43%) is above the historical average (-20.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -8.16% | -1.28% | 1.82x | 3.51x | RON-109.45 Million |
| 2020 | -49.53% | -8.56% | 1.06x | 5.45x | RON-240.12 Million |
| 2021 | -41.71% | -5.55% | 1.31x | 5.75x | RON-230.41 Million |
| 2022 | 17.43% | 1.69% | 2.24x | 4.60x | RON38.62 Million |
Industry Comparison
This section compares Rompetrol Rafi's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
No peer company data available for comparison.
About Rompetrol Rafi
Rompetrol Rafinare S.A., together with its subsidiaries, engages in the manufacture and sale of petroleum products and petrochemicals and related services primarily in Romania. It operates through three segments: Refining, Petrochemicals, and Marketing. The Refining segment operates the Petromidia and Vega refineries, producing a range of fuels and specialty products, including gasoline, diesel, … Read more