Highcon Systems Ltd
Highcon Systems Ltd. engages in the provision of a proprietary technology for digital cutting and creasing solutions for post print processes in the folding carton and corrugated carton industry. Its products include Highcon Beam 2C for the digital cutting and creasing for corrugated board; Highcon Beam 2 for the digital cutting and creasing for mainstream production; Highcon Euclid 5, a digital … Read more
Highcon Systems Ltd (HICN) - Net Assets
Latest net assets as of December 2024: ILA-15.92 Million ILA
Based on the latest financial reports, Highcon Systems Ltd (HICN) has net assets worth ILA-15.92 Million ILA as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA20.38 Million) and total liabilities (ILA36.31 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 | ILA-15.92 Million |
| % of Total Assets | -78.12% |
| Annual Growth Rate | N/A |
| 5-Year Change | -138.82% |
| 10-Year Change | N/A |
| Growth Volatility | 706.94 |
Highcon Systems Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Highcon Systems Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Highcon Systems Ltd (2019–2024)
The table below shows the annual net assets of Highcon Systems Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA-15.92 Million | -368.08% |
| 2023-12-31 | ILA-3.40 Million | -120.92% |
| 2022-12-31 | ILA16.26 Million | -23.78% |
| 2021-12-31 | ILA21.33 Million | -48.00% |
| 2020-12-31 | ILA41.02 Million | +1566.29% |
| 2019-12-31 | ILA2.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Highcon Systems Ltd'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 decreased by 18345000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ILA264.44 Million | % |
| Total Equity | ILA-15.92 Million | 100.00% |
Highcon Systems Ltd Competitors by Market Cap
The table below lists competitors of Highcon Systems Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKILW
PINK:SKILW
|
$2.70K |
|
Plantable Health Inc
PINK:PLBLF
|
$2.70K |
|
DIGITAL CHINA
MU:DIN
|
$2.70K |
|
TATEPA COMPANY LTD
DSE:TTP
|
$2.70K |
|
ONGRF
OTCQB:ONGRF
|
$2.70K |
|
Arif Habib Ltd
KAR:AHL
|
$2.70K |
|
ORIENTAL WATCH
BE:OWT
|
$2.69K |
|
Cirata plc
LSE:CRTA
|
$2.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Highcon Systems Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -3,402,000 to -15,924,000, a change of -12,522,000.
- Net loss of 13,793,000 reduced equity.
- New share issuances of 997,000 increased equity.
- Other factors increased equity by 274,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-13.79 Million | -86.62% |
| Share Issuances | ILA997.00K | +6.26% |
| Other Changes | ILA274.00K | +1.72% |
| Total Change | ILA- | % |
Book Value vs Market Value Analysis
This analysis compares Highcon Systems Ltd'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA0.04 | ILA4.50 | x |
| 2020-12-31 | ILA0.60 | ILA4.50 | x |
| 2021-12-31 | ILA0.31 | ILA4.50 | x |
| 2022-12-31 | ILA0.18 | ILA4.50 | x |
| 2023-12-31 | ILA-0.18 | ILA4.50 | x |
| 2024-12-31 | ILA-0.73 | ILA4.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Highcon Systems Ltd 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -75.89%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-192.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -652.84% | -165.07% | 0.52x | 7.54x | ILA-16.32 Million |
| 2020 | -234.82% | -1152.30% | 0.14x | 1.49x | ILA-100.43 Million |
| 2021 | -113.50% | -168.92% | 0.33x | 2.03x | ILA-26.34 Million |
| 2022 | -153.30% | -147.40% | 0.32x | 3.21x | ILA-26.55 Million |
| 2023 | 0.00% | -288.87% | 0.25x | 0.00x | ILA-23.85 Million |
| 2024 | 0.00% | -75.89% | 0.89x | 0.00x | ILA-12.20 Million |
Industry Comparison
This section compares Highcon Systems Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,687,500
- Average return on equity (ROE) among peers: -329.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Highcon Systems Ltd (HICN) | ILA-15.92 Million | -652.84% | N/A | $2.70K |
| Augwind Energy Tech Storage Ltd (AUGN) | $4.50 Million | -1394.82% | 1.95x | $559.60K |
| Parkomat International Ltd (PRKM) | $8.03 Million | 76.39% | 5.07x | $18.88 Million |
| Scodix Ltd (SCDX) | $-3.04 Million | 0.00% | 0.00x | $162.75K |
| Turbogen Chp (TURB) | $-2.73 Million | 0.00% | 0.00x | $1.12 Million |