FIRST RESOURCES (5F1.SG)
FIRST RESOURCES (5F1.SG) operates in Diversified Metals & Mining.
FIRST RESOURCES (5F1.SG) (5F1) - Net Assets
Latest net assets as of June 2023: €1.41 Billion EUR
Based on the latest financial reports, FIRST RESOURCES (5F1.SG) (5F1) has net assets worth €1.41 Billion EUR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.79 Billion) and total liabilities (€377.95 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 | €1.41 Billion |
| % of Total Assets | 78.88% |
| Annual Growth Rate | 7.12% |
| 5-Year Change | 41.88% |
| 10-Year Change | N/A |
| Growth Volatility | 5.94 |
FIRST RESOURCES (5F1.SG) - Net Assets Trend (2016–2022)
This chart illustrates how FIRST RESOURCES (5F1.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FIRST RESOURCES (5F1.SG) (2016–2022)
The table below shows the annual net assets of FIRST RESOURCES (5F1.SG) from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €1.40 Billion | +10.06% |
| 2021-12-31 | €1.27 Billion | +12.87% |
| 2020-12-31 | €1.13 Billion | +2.20% |
| 2019-12-31 | €1.10 Billion | +11.75% |
| 2018-12-31 | €986.01 Million | -3.54% |
| 2017-12-31 | €1.02 Billion | +10.37% |
| 2016-12-31 | €926.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIRST RESOURCES (5F1.SG)'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 33.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.11 Billion | 84.86% |
| Other Components | €198.29 Million | 15.14% |
| Total Equity | €1.31 Billion | 100.00% |
FIRST RESOURCES (5F1.SG) Competitors by Market Cap
The table below lists competitors of FIRST RESOURCES (5F1.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Giga-tronics Inc
PINK:GIGA
|
$17.69K |
|
PARAGON - Dusseldorf Stock Exchang
DU:PGN
|
$17.73K |
|
BELSHIPS ASA NK 2
F:NS6
|
$17.74K |
|
Peel Hunt Ltd
LSE:PEEL
|
$17.74K |
|
Chordate Medical Holding AB
ST:CMH
|
$17.64K |
|
AUTOMOB PARTICIPACOES S.A.
SA:AMOB3
|
$17.64K |
|
Global PVQ SE
PINK:QCLSF
|
$17.63K |
|
Kore Potash Plc
LSE:KP2
|
$17.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIRST RESOURCES (5F1.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,197,144,000 to 1,309,666,000, a change of 112,522,000 (9.4%).
- Net income of 325,196,000 contributed positively to equity growth.
- Dividend payments of 86,583,000 reduced retained earnings.
- Share repurchases of 8,014,000 reduced equity.
- Other factors decreased equity by 118,077,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €325.20 Million | +24.83% |
| Dividends Paid | €86.58 Million | -6.61% |
| Share Repurchases | €8.01 Million | -0.61% |
| Other Changes | €-118.08 Million | -9.02% |
| Total Change | €- | 9.40% |
Book Value vs Market Value Analysis
This analysis compares FIRST RESOURCES (5F1.SG)'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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.95x to 2.17x 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 | €0.61 | €1.81 | x |
| 2018-12-31 | €0.59 | €1.81 | x |
| 2019-12-31 | €0.66 | €1.81 | x |
| 2020-12-31 | €0.67 | €1.81 | x |
| 2021-12-31 | €0.76 | €1.81 | x |
| 2022-12-31 | €0.83 | €1.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIRST RESOURCES (5F1.SG) 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): 24.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.54%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.40x
- Recent ROE (24.83%) is above the historical average (13.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.23% | 21.80% | 0.34x | 1.93x | €37.26 Million |
| 2017 | 14.17% | 21.28% | 0.37x | 1.78x | €40.51 Million |
| 2018 | 12.87% | 18.94% | 0.40x | 1.69x | €26.78 Million |
| 2019 | 8.53% | 14.49% | 0.36x | 1.64x | €-15.30 Million |
| 2020 | 9.37% | 15.09% | 0.37x | 1.68x | €-6.68 Million |
| 2021 | 13.46% | 15.61% | 0.55x | 1.57x | €41.39 Million |
| 2022 | 24.83% | 26.54% | 0.67x | 1.40x | €194.23 Million |
Industry Comparison
This section compares FIRST RESOURCES (5F1.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIRST RESOURCES (5F1.SG) (5F1) | €1.41 Billion | 14.23% | 0.27x | $17.67K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |