Fridenson
Fridenson Logistic Services Ltd. provides logistics solutions worldwide. The company operates through the Logistics centers, Cargo transportation, and International Forwarding segments. It also provides services related to freight forwarding and customs brokerage, logistics for chemical procurement, overland transport and distribution, logistics centers and cargo terminals, shipping agency, trade… Read more
Fridenson (FRDN) - Net Assets
Latest net assets as of September 2025: ILA166.17 Million ILA
Based on the latest financial reports, Fridenson (FRDN) has net assets worth ILA166.17 Million ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA313.07 Million) and total liabilities (ILA146.91 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 | ILA166.17 Million |
| % of Total Assets | 53.08% |
| Annual Growth Rate | 16.59% |
| 5-Year Change | 94.66% |
| 10-Year Change | 139.42% |
| Growth Volatility | 83.75 |
Fridenson - Net Assets Trend (2004–2024)
This chart illustrates how Fridenson's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fridenson (2004–2024)
The table below shows the annual net assets of Fridenson from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA173.56 Million | +1.56% |
| 2023-12-31 | ILA170.89 Million | +0.75% |
| 2022-12-31 | ILA169.62 Million | +4.99% |
| 2021-12-31 | ILA161.55 Million | +81.19% |
| 2020-12-31 | ILA89.16 Million | +3.49% |
| 2019-12-31 | ILA86.15 Million | -4.33% |
| 2018-12-31 | ILA90.05 Million | +9.66% |
| 2017-12-31 | ILA82.12 Million | +0.98% |
| 2016-12-31 | ILA81.32 Million | +12.18% |
| 2015-12-31 | ILA72.49 Million | +9.26% |
| 2014-12-31 | ILA66.34 Million | +10.70% |
| 2013-12-31 | ILA59.93 Million | +6.12% |
| 2012-12-31 | ILA56.48 Million | +10.61% |
| 2011-12-31 | ILA51.06 Million | +6.30% |
| 2010-12-31 | ILA48.03 Million | +19.42% |
| 2009-12-31 | ILA40.22 Million | -6.13% |
| 2008-12-31 | ILA42.85 Million | +367.51% |
| 2005-12-31 | ILA9.16 Million | +13.65% |
| 2004-12-31 | ILA8.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fridenson'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 6407.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA115.64 Million | 67.50% |
| Common Stock | ILA4.41 Million | 2.58% |
| Other Comprehensive Income | ILA-5.33 Million | -3.11% |
| Other Components | ILA56.60 Million | 33.04% |
| Total Equity | ILA171.32 Million | 100.00% |
Fridenson Competitors by Market Cap
The table below lists competitors of Fridenson ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JUNIPER NETWORKS
BE:JNP
|
$332.52K |
|
Procaps Group S.A. Warrants
NASDAQ:PROCW
|
$332.72K |
|
Maverix Metals Inc
STU:7781
|
$333.11K |
|
Daou Technology Inc.
KQ:023590
|
$333.31K |
|
MYND Lifesciencs Inc
OTCQB:MYNDF
|
$332.44K |
|
TOKYO GAS
BE:TOG
|
$332.13K |
|
Hankuk Carbon Co. Ltd.
KQ:017960
|
$332.10K |
|
SANDVIK - Dusseldorf Stock Exchang
DU:SVKB
|
$331.84K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fridenson's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,280,000 to 171,319,000, a change of 3,039,000 (1.8%).
- Net income of 5,930,000 contributed positively to equity growth.
- Dividend payments of 3,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 129,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA5.93 Million | +3.46% |
| Dividends Paid | ILA3.00 Million | -1.75% |
| Other Comprehensive Income | ILA129.00K | +0.08% |
| Other Changes | ILA-20.00K | -0.01% |
| Total Change | ILA- | 1.81% |
Book Value vs Market Value Analysis
This analysis compares Fridenson'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: 72.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 177.09x to 72.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA42.91 | ILA7600.00 | x |
| 2013-12-31 | ILA45.55 | ILA7600.00 | x |
| 2014-12-31 | ILA50.42 | ILA7600.00 | x |
| 2015-12-31 | ILA51.09 | ILA7600.00 | x |
| 2016-12-31 | ILA48.59 | ILA7600.00 | x |
| 2017-12-31 | ILA50.23 | ILA7600.00 | x |
| 2018-12-31 | ILA54.62 | ILA7600.00 | x |
| 2019-12-31 | ILA62.05 | ILA7600.00 | x |
| 2020-12-31 | ILA56.29 | ILA7600.00 | x |
| 2021-12-31 | ILA109.79 | ILA7600.00 | x |
| 2022-12-31 | ILA102.26 | ILA7600.00 | x |
| 2023-12-31 | ILA103.12 | ILA7600.00 | x |
| 2024-12-31 | ILA104.99 | ILA7600.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fridenson 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): 3.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.23%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 1.92x
- Recent ROE (3.46%) is below the historical average (9.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 13.81% | 5.74% | 0.71x | 3.37x | ILA2.15 Million |
| 2013 | 9.00% | 3.94% | 0.69x | 3.31x | ILA-597.20K |
| 2014 | 13.81% | 6.26% | 0.62x | 3.57x | ILA2.53 Million |
| 2015 | 12.56% | 6.05% | 0.56x | 3.71x | ILA1.86 Million |
| 2016 | 12.78% | 3.92% | 0.92x | 3.54x | ILA2.26 Million |
| 2017 | 11.52% | 3.25% | 1.07x | 3.30x | ILA1.24 Million |
| 2018 | 10.42% | 3.20% | 0.96x | 3.40x | ILA374.80K |
| 2019 | 2.94% | 1.02% | 0.57x | 5.03x | ILA-6.01 Million |
| 2020 | 11.00% | 2.99% | 0.73x | 5.01x | ILA876.60K |
| 2021 | 5.91% | 1.82% | 1.47x | 2.21x | ILA-6.51 Million |
| 2022 | 5.91% | 1.71% | 1.72x | 2.02x | ILA-6.82 Million |
| 2023 | 4.42% | 1.57% | 1.42x | 1.98x | ILA-9.40 Million |
| 2024 | 3.46% | 1.23% | 1.46x | 1.92x | ILA-11.20 Million |
Industry Comparison
This section compares Fridenson's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $163,335,333
- Average return on equity (ROE) among peers: 17.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fridenson (FRDN) | ILA166.17 Million | 13.81% | 0.88x | $332.49K |
| Etga Group Ltd (ETGA) | $247.02 Million | 10.76% | 0.97x | $1.71 Million |
| Orian Sh.M. Ltd (ORIN) | $25.30 Million | 30.04% | 2.23x | $1.37 Million |
| Overseas Commerce Ltd (OVRS) | $217.69 Million | 11.23% | 2.44x | $899.65K |