Prime Energy PE Ltd
Prime Energy P.E. Ltd, together with its subsidiaries, engages in the renewable energy business in Israel and internationally. It initiates, plans, develops, licenses, constructs, finances, operates, and maintains electricity generation systems and solar energy projects. The company was formerly known as A.K. Yaron Project Management Ltd. and changed its name to Prime Energy P.E. Ltd in November … Read more
Prime Energy PE Ltd (PRIM) - Net Assets
Latest net assets as of September 2025: ILA117.44 Million ILA
Based on the latest financial reports, Prime Energy PE Ltd (PRIM) has net assets worth ILA117.44 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 (ILA952.30 Million) and total liabilities (ILA834.87 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 | ILA117.44 Million |
| % of Total Assets | 12.33% |
| Annual Growth Rate | 130.4% |
| 5-Year Change | 276.73% |
| 10-Year Change | N/A |
| Growth Volatility | 637.1 |
Prime Energy PE Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Prime Energy PE 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 Prime Energy PE Ltd (2018–2024)
The table below shows the annual net assets of Prime Energy PE Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA36.40 Million | -27.19% |
| 2023-12-31 | ILA49.99 Million | -15.53% |
| 2022-12-31 | ILA59.18 Million | -26.86% |
| 2021-12-31 | ILA80.92 Million | +737.55% |
| 2020-12-31 | ILA9.66 Million | +120.07% |
| 2019-12-31 | ILA4.39 Million | +1706.58% |
| 2018-12-31 | ILA243.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prime Energy PE 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 7449600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA97.81 Million | 264.16% |
| Other Comprehensive Income | ILA16.62 Million | 44.88% |
| Total Equity | ILA37.03 Million | 100.00% |
Prime Energy PE Ltd Competitors by Market Cap
The table below lists competitors of Prime Energy PE Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Patagonia Lithium Ltd
AU:PL3
|
$2.56 Million |
|
Equity Development Investment
JK:GSMF
|
$2.56 Million |
|
Nord.investments A/S
CO:NORD
|
$2.56 Million |
|
Biovica International AB (publ)
ST:BIOVIC-B
|
$2.57 Million |
|
Thai Film Industries Public Company Limited
BK:TFI
|
$2.56 Million |
|
MIRAI CORP.
F:837
|
$2.56 Million |
|
CAERUS MINERAL RES LS-01
F:98J
|
$2.56 Million |
|
CWG Holdings Bhd
KLSE:9423
|
$2.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prime Energy PE Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,703,000 to 37,026,000, a change of -9,677,000 (-20.7%).
- Net loss of 11,131,000 reduced equity.
- Other comprehensive income decreased equity by 3,175,000.
- Other factors increased equity by 4,629,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-11.13 Million | -30.06% |
| Other Comprehensive Income | ILA-3.17 Million | -8.58% |
| Other Changes | ILA4.63 Million | +12.5% |
| Total Change | ILA- | -20.72% |
Book Value vs Market Value Analysis
This analysis compares Prime Energy PE 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: 2218.73x
- 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 68331.59x to 2218.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA0.04 | ILA2786.00 | x |
| 2019-12-31 | ILA0.19 | ILA2786.00 | x |
| 2020-12-31 | ILA0.29 | ILA2786.00 | x |
| 2021-12-31 | ILA2.99 | ILA2786.00 | x |
| 2022-12-31 | ILA2.11 | ILA2786.00 | x |
| 2023-12-31 | ILA1.58 | ILA2786.00 | x |
| 2024-12-31 | ILA1.26 | ILA2786.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prime Energy PE 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): -30.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -84.32%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 10.38x
- Recent ROE (-30.06%) is above the historical average (-57.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -171.71% | 0.00% | 0.00x | 17.51x | ILA-2.15 Million |
| 2019 | -33.72% | -340.07% | 0.01x | 9.86x | ILA-2.44 Million |
| 2020 | -74.10% | -194.46% | 0.03x | 11.54x | ILA-7.01 Million |
| 2021 | -20.62% | -241.31% | 0.03x | 2.72x | ILA-24.86 Million |
| 2022 | -32.26% | -319.97% | 0.02x | 4.15x | ILA-26.32 Million |
| 2023 | -41.76% | -190.93% | 0.04x | 5.94x | ILA-24.18 Million |
| 2024 | -30.06% | -84.32% | 0.03x | 10.38x | ILA-14.83 Million |
Industry Comparison
This section compares Prime Energy PE Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $435,793,875
- Average return on equity (ROE) among peers: -32.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prime Energy PE Ltd (PRIM) | ILA117.44 Million | -171.71% | 7.11x | $2.56 Million |
| Doral Group Renewable Energy Resources Ltd (DORL) | $2.01 Billion | -2.04% | 1.25x | $32.97 Million |
| Econergy Renewable Energy Ltd (ECNR) | $58.81 Million | -18.50% | 1.32x | $10.94 Million |
| Enlight Renewable Energy Ltd (ENLT) | $248.67 Million | 6.27% | 5.71x | $71.60 Million |
| Homebiogas Ltd (HMGS) | $1.02 Million | -195.41% | 2.14x | $85.39K |
| Meshek Energy-Renewable Energies Ltd (MSKE) | $20.46 Million | -54.14% | 7.21x | $13.35 Million |
| Sunflow Sustain (SNFL) | $295.63 Million | 0.00% | 1.78x | $865.88K |
| Tera Light Ltd (TRLT) | $369.33 Million | -10.94% | 2.42x | $3.62 Million |
| Zephyrus Wing Energies Ltd (ZPRS) | $479.71 Million | 17.18% | 2.11x | $572.20 Million |