Scope Metals Group Ltd (SCOP) - Net Assets
Based on the latest financial reports, Scope Metals Group Ltd (SCOP) has net assets worth ILA1.29 Billion ILA (≈ $3.46 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA2.47 Billion ≈ $6.63 Million USD) and total liabilities (ILA1.18 Billion ≈ $3.17 Million 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 asset resilience ratio of Scope Metals Group Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA1.29 Billion |
| % of Total Assets | 52.24% |
| Annual Growth Rate | 7.48% |
| 5-Year Change | 185.11% |
| 10-Year Change | 162.98% |
| Growth Volatility | 22.39 |
Scope Metals Group Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Scope Metals Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Scope Metals Group Ltd for the complete picture of this company's asset base.
Annual Net Assets for Scope Metals Group Ltd (2013–2024)
The table below shows the annual net assets of Scope Metals Group Ltd from 2013 to 2024. For live valuation and market cap data, see Scope Metals Group Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.11 Billion ≈ $2.97 Million |
+12.34% |
| 2023-12-31 | ILA984.83 Million ≈ $2.64 Million |
+22.27% |
| 2022-12-31 | ILA805.47 Million ≈ $2.16 Million |
+70.37% |
| 2021-12-31 | ILA472.77 Million ≈ $1.27 Million |
+21.83% |
| 2020-12-31 | ILA388.05 Million ≈ $1.04 Million |
-6.91% |
| 2019-12-31 | ILA416.86 Million ≈ $1.12 Million |
-10.70% |
| 2018-12-31 | ILA466.83 Million ≈ $1.25 Million |
+8.88% |
| 2017-12-31 | ILA428.75 Million ≈ $1.15 Million |
+1.21% |
| 2016-12-31 | ILA423.63 Million ≈ $1.14 Million |
+0.69% |
| 2015-12-31 | ILA420.71 Million ≈ $1.13 Million |
-12.38% |
| 2014-12-31 | ILA480.18 Million ≈ $1.29 Million |
-4.05% |
| 2013-12-31 | ILA500.46 Million ≈ $1.34 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Scope Metals Group 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 grown by 313.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA627.74 Million | 56.74% |
| Other Components | ILA478.63 Million | 43.26% |
| Total Equity | ILA1.11 Billion | 100.00% |
Scope Metals Group Ltd Competitors by Market Cap
The table below lists competitors of Scope Metals Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tejas Networks Limited
NSE:TEJASNET
|
$795.78 Million |
|
Hite Jinro
KO:000080
|
$796.00 Million |
|
Chung Hung Steel Corp
TW:2014
|
$796.00 Million |
|
Grindrod
JSE:GND
|
$796.12 Million |
|
CSBC Corp Taiwan
TW:2208
|
$795.07 Million |
|
Beingmate Baby & Child Food Co Ltd
SHE:002570
|
$794.96 Million |
|
Ji'an Mankun Technology Co. Ltd. A
SHE:301132
|
$794.84 Million |
|
STAAR Surgical Company
NASDAQ:STAA
|
$794.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scope Metals Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 984,826,000 to 1,106,373,000, a change of 121,547,000 (12.3%).
- Net income of 142,903,000 contributed positively to equity growth.
- Other factors decreased equity by 21,356,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA142.90 Million | +12.92% |
| Other Changes | ILA-21.36 Million | -1.93% |
| Total Change | ILA- | 12.34% |
Book Value vs Market Value Analysis
This analysis compares Scope Metals Group 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: 248.28x
- 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 569.66x to 248.28x 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 | ILA39.36 | ILA22420.00 | x |
| 2018-12-31 | ILA42.85 | ILA22420.00 | x |
| 2019-12-31 | ILA38.27 | ILA22420.00 | x |
| 2020-12-31 | ILA35.62 | ILA22420.00 | x |
| 2021-12-31 | ILA40.98 | ILA22420.00 | x |
| 2022-12-31 | ILA65.74 | ILA22420.00 | x |
| 2023-12-31 | ILA80.38 | ILA22420.00 | x |
| 2024-12-31 | ILA90.30 | ILA22420.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scope Metals Group 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): 12.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.92%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.02x
- Recent ROE (12.92%) is below the historical average (18.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.19% | 3.56% | 0.95x | 2.73x | ILA-4.07 Million |
| 2014 | 8.69% | 3.06% | 0.95x | 2.98x | ILA-6.28 Million |
| 2015 | 9.66% | 2.83% | 0.98x | 3.50x | ILA-1.43 Million |
| 2016 | 19.18% | 6.21% | 0.96x | 3.21x | ILA38.87 Million |
| 2017 | 21.97% | 7.84% | 0.87x | 3.21x | ILA51.34 Million |
| 2018 | 21.67% | 8.59% | 0.78x | 3.23x | ILA54.47 Million |
| 2019 | 19.05% | 6.94% | 0.77x | 3.58x | ILA37.71 Million |
| 2020 | 16.62% | 5.85% | 0.69x | 4.13x | ILA25.71 Million |
| 2021 | 38.92% | 13.48% | 0.81x | 3.55x | ILA136.71 Million |
| 2022 | 26.62% | 13.02% | 0.78x | 2.63x | ILA133.87 Million |
| 2023 | 15.63% | 9.40% | 0.77x | 2.15x | ILA55.42 Million |
| 2024 | 12.92% | 7.92% | 0.81x | 2.02x | ILA32.27 Million |
Industry Comparison
This section compares Scope Metals Group Ltd's net assets metrics with peer companies in the Industrial Distribution industry.
No peer company data available for comparison.
About Scope Metals Group Ltd
Scope Metals Group Ltd. stores, processes, and delivers metal and plastic worldwide. The company supplies aluminum, stainless steel, steel, plastic materials, copper, bronze, brass, titanium, zinc, lead, tungsten, magnesium, and other raw materials. Its products include actuators, control and shut-off valves, gate and globe valves, pressure reducing valves, positioners, control instrumentation, c… Read more