ELIA SYSTEM OP. (E4S.SG)
ELIA SYSTEM OP. (E4S.SG) operates in Diversified Metals & Mining.
ELIA SYSTEM OP. (E4S.SG) (E4S) - Net Assets
Latest net assets as of December 2023: €5.52 Billion EUR
Based on the latest financial reports, ELIA SYSTEM OP. (E4S.SG) (E4S) has net assets worth €5.52 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€19.39 Billion) and total liabilities (€13.87 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 | €5.52 Billion |
| % of Total Assets | 28.45% |
| Annual Growth Rate | 11.9% |
| 5-Year Change | 27.36% |
| 10-Year Change | N/A |
| Growth Volatility | 13.65 |
ELIA SYSTEM OP. (E4S.SG) - Net Assets Trend (2016–2023)
This chart illustrates how ELIA SYSTEM OP. (E4S.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 ELIA SYSTEM OP. (E4S.SG) (2016–2023)
The table below shows the annual net assets of ELIA SYSTEM OP. (E4S.SG) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €5.52 Billion | -4.15% |
| 2022-12-31 | €5.76 Billion | +16.56% |
| 2021-12-31 | €4.94 Billion | +9.74% |
| 2020-12-31 | €4.50 Billion | +3.88% |
| 2019-12-31 | €4.33 Billion | +15.56% |
| 2018-12-31 | €3.75 Billion | +41.91% |
| 2017-12-31 | €2.64 Billion | +5.14% |
| 2016-12-31 | €2.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ELIA SYSTEM OP. (E4S.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 136.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.93 Billion | 37.95% |
| Other Components | €3.16 Billion | 62.05% |
| Total Equity | €5.09 Billion | 100.00% |
ELIA SYSTEM OP. (E4S.SG) Competitors by Market Cap
The table below lists competitors of ELIA SYSTEM OP. (E4S.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tomer Energy Royalties 2012 Ltd
TA:TOEN
|
$1.27 Million |
|
Mawson Infrastructure Group Inc
NASDAQ:MIGI
|
$1.27 Million |
|
EVERYBODY LOVES LANGUAGES
F:VB6
|
$1.27 Million |
|
Birdie Win Corporation
PINK:BRWC
|
$1.27 Million |
|
Knusford Bhd
KLSE:5035
|
$1.27 Million |
|
ESGL Holdings Limited Warrants
NASDAQ:ESGLW
|
$1.27 Million |
|
Vaxxinity Inc
PINK:VAXX
|
$1.27 Million |
|
EXXON MOBIL - Dusseldorf Stock Exchang
DU:XONA
|
$1.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ELIA SYSTEM OP. (E4S.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,319,700,000 to 5,088,500,000, a change of -231,200,000 (-4.3%).
- Net income of 355,400,000 contributed positively to equity growth.
- Dividend payments of 140,400,000 reduced retained earnings.
- Share repurchases of 1,000,000 reduced equity.
- New share issuances of 600,000 increased equity.
- Other factors decreased equity by 445,800,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €355.40 Million | +6.98% |
| Dividends Paid | €140.40 Million | -2.76% |
| Share Repurchases | €1.00 Million | -0.02% |
| Share Issuances | €600.00K | +0.01% |
| Other Changes | €-445.80 Million | -8.76% |
| Total Change | €- | -4.35% |
Book Value vs Market Value Analysis
This analysis compares ELIA SYSTEM OP. (E4S.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: 1.93x
- 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 3.12x to 1.93x 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 | €42.82 | €133.40 | x |
| 2018-12-31 | €55.80 | €133.40 | x |
| 2019-12-31 | €58.59 | €133.40 | x |
| 2020-12-31 | €60.46 | €133.40 | x |
| 2021-12-31 | €65.94 | €133.40 | x |
| 2022-12-31 | €72.37 | €133.40 | x |
| 2023-12-31 | €69.23 | €133.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ELIA SYSTEM OP. (E4S.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): 6.98%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.25%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.81x
- Recent ROE (6.98%) is below the historical average (7.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.16% | 22.48% | 0.13x | 2.49x | €-71.24 Million |
| 2017 | 8.68% | 27.65% | 0.13x | 2.50x | €-34.97 Million |
| 2018 | 8.16% | 15.44% | 0.13x | 3.99x | €-63.35 Million |
| 2019 | 6.80% | 12.20% | 0.16x | 3.45x | €-128.62 Million |
| 2020 | 6.46% | 11.66% | 0.15x | 3.63x | €-147.91 Million |
| 2021 | 6.49% | 11.57% | 0.14x | 3.99x | €-160.00 Million |
| 2022 | 6.79% | 9.98% | 0.18x | 3.87x | €-170.97 Million |
| 2023 | 6.98% | 9.25% | 0.20x | 3.81x | €-153.45 Million |
Industry Comparison
This section compares ELIA SYSTEM OP. (E4S.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 |
|---|---|---|---|---|
| ELIA SYSTEM OP. (E4S.SG) (E4S) | €5.52 Billion | 7.16% | 2.51x | $1.27 Million |
| 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 |