Phinergy Ltd (PNRG) - Net Assets
Based on the latest financial reports, Phinergy Ltd (PNRG) has net assets worth ILA44.86 Million ILA (≈ $120.27K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA79.81 Million ≈ $213.98K USD) and total liabilities (ILA34.95 Million ≈ $93.71K 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. Check PNRG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA44.86 Million |
| % of Total Assets | 56.21% |
| Annual Growth Rate | 2.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 178.27 |
Phinergy Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Phinergy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Phinergy Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Phinergy Ltd (2018–2024)
The table below shows the annual net assets of Phinergy Ltd from 2018 to 2024. For live valuation and market cap data, see PNRG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA66.47 Million ≈ $178.20K |
+7.88% |
| 2023-12-31 | ILA61.61 Million ≈ $165.17K |
-32.89% |
| 2022-12-31 | ILA91.80 Million ≈ $246.11K |
-31.61% |
| 2021-12-31 | ILA134.24 Million ≈ $359.89K |
+395.02% |
| 2020-12-31 | ILA-45.50 Million ≈ $-121.99K |
+75.36% |
| 2019-12-31 | ILA-184.66 Million ≈ $-495.06K |
-428.83% |
| 2018-12-31 | ILA56.16 Million ≈ $150.55K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Phinergy 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 47169100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA569.05 Million | 856.14% |
| Other Components | ILA166.25 Million | 250.12% |
| Total Equity | ILA66.47 Million | 100.00% |
Phinergy Ltd Competitors by Market Cap
The table below lists competitors of Phinergy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enablence Technologies Inc
V:ENA
|
$57.16 Million |
|
Hoang Quan Consulting Trading Service Real Estate Corp
VN:HQC
|
$57.18 Million |
|
Khaitan Chemicals & Fertilizers Limited
NSE:KHAICHEM
|
$57.20 Million |
|
Acorn Capital Investment Fund Ltd
AU:ACQ
|
$57.22 Million |
|
Unigold Inc.
V:UGD
|
$57.14 Million |
|
Acelon Chemicals & Fiber Corp
TW:1466
|
$57.08 Million |
|
Aeon Motor Co Ltd
TWO:1599
|
$57.07 Million |
|
Stefstock
JSE:SSK
|
$57.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phinergy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 61,610,000 to 66,467,000, a change of 4,857,000 (7.9%).
- Net loss of 59,866,000 reduced equity.
- New share issuances of 45,512,000 increased equity.
- Other comprehensive income decreased equity by 168,694,000.
- Other factors increased equity by 187,905,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-59.87 Million | -90.07% |
| Share Issuances | ILA45.51 Million | +68.47% |
| Other Comprehensive Income | ILA-168.69 Million | -253.8% |
| Other Changes | ILA187.91 Million | +282.7% |
| Total Change | ILA- | 7.88% |
Book Value vs Market Value Analysis
This analysis compares Phinergy 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
- Current price-to-book ratio: 234.52x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA-0.32 | ILA184.40 | x |
| 2019-12-31 | ILA-3.94 | ILA184.40 | x |
| 2020-12-31 | ILA-0.90 | ILA184.40 | x |
| 2021-12-31 | ILA-0.12 | ILA184.40 | x |
| 2022-12-31 | ILA-0.67 | ILA184.40 | x |
| 2023-12-31 | ILA0.81 | ILA184.40 | x |
| 2024-12-31 | ILA0.79 | ILA184.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phinergy 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): -90.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1236.13%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.56x
- Recent ROE (-90.07%) is below the historical average (-20.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -6337.80% | 0.01x | 0.00x | ILA-38.75 Million |
| 2019 | 0.00% | -6590.71% | 0.04x | 0.00x | ILA-149.00 Million |
| 2020 | 0.00% | -4229.39% | 0.04x | 0.00x | ILA-106.39 Million |
| 2021 | 0.00% | -1689.85% | 0.01x | 0.00x | ILA-51.54 Million |
| 2022 | 0.00% | -1684.99% | 0.02x | 0.00x | ILA-42.55 Million |
| 2023 | -53.99% | -1047.32% | 0.03x | 1.88x | ILA-39.42 Million |
| 2024 | -90.07% | -1236.13% | 0.05x | 1.56x | ILA-66.51 Million |
Industry Comparison
This section compares Phinergy Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $929,711,500
- Average return on equity (ROE) among peers: -9.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phinergy Ltd (PNRG) | ILA44.86 Million | 0.00% | 0.78x | $57.15 Million |
| Arad Investment & Industrial Development Ltd (ARAD) | $3.59 Billion | 6.91% | 1.19x | $257.94 Million |
| Elspec (ELSPC) | $52.65 Million | 19.85% | 0.35x | $23.64 Million |
| Gencell Ltd (GNCL) | $42.32 Million | -66.87% | 0.31x | $6.59 Million |
| Payton -L (PAYT) | $31.01 Million | 0.15% | 0.25x | $157.03 Million |
About Phinergy Ltd
Phinergy Ltd., together with its subsidiaries, designs, develops, manufactures, markets, sells, and supports systems for the production, backup, storage, and supply of clean energy based on metal-air technology in Israel. The company offers aluminum-air and zinc-air technology, which generates clean and safe energy for various applications, such as energy backup for critical sites, electric vehic… Read more