Pieridae Energy Ltd (PEA) - Net Assets
Based on the latest financial reports, Pieridae Energy Ltd (PEA) has net assets worth CA$133.05 Million CAD (≈ $96.25 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$571.47 Million ≈ $413.39 Million USD) and total liabilities (CA$438.42 Million ≈ $317.14 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 Pieridae Energy Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$133.05 Million |
| % of Total Assets | 23.28% |
| Annual Growth Rate | 35.04% |
| 5-Year Change | 3741.88% |
| 10-Year Change | 126.54% |
| Growth Volatility | 301.78 |
Pieridae Energy Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Pieridae Energy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore PEA current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Pieridae Energy Ltd (2004–2024)
The table below shows the annual net assets of Pieridae Energy Ltd from 2004 to 2024. For live valuation and market cap data, see PEA market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$168.43 Million ≈ $121.84 Million |
-3.43% |
| 2023-12-31 | CA$174.41 Million ≈ $126.16 Million |
+51.98% |
| 2022-12-31 | CA$114.76 Million ≈ $83.01 Million |
+445.55% |
| 2021-12-31 | CA$-33.21 Million ≈ $-24.02 Million |
-857.53% |
| 2020-12-31 | CA$4.38 Million ≈ $3.17 Million |
-95.80% |
| 2019-12-31 | CA$104.31 Million ≈ $75.46 Million |
+13.70% |
| 2018-12-31 | CA$91.75 Million ≈ $66.37 Million |
+54.56% |
| 2017-12-31 | CA$59.36 Million ≈ $42.94 Million |
-20.55% |
| 2016-12-31 | CA$74.72 Million ≈ $54.05 Million |
+0.50% |
| 2015-12-31 | CA$74.35 Million ≈ $53.78 Million |
+6.06% |
| 2014-12-31 | CA$70.10 Million ≈ $50.71 Million |
+44.14% |
| 2013-12-31 | CA$48.63 Million ≈ $35.18 Million |
+2.04% |
| 2012-12-31 | CA$47.66 Million ≈ $34.48 Million |
+39.76% |
| 2011-12-31 | CA$34.10 Million ≈ $24.67 Million |
+28.18% |
| 2010-12-31 | CA$26.61 Million ≈ $19.25 Million |
+24.04% |
| 2009-12-31 | CA$21.45 Million ≈ $15.52 Million |
-3.36% |
| 2008-12-31 | CA$22.19 Million ≈ $16.05 Million |
+105.84% |
| 2007-12-31 | CA$10.78 Million ≈ $7.80 Million |
+47.11% |
| 2006-12-31 | CA$7.33 Million ≈ $5.30 Million |
+63.24% |
| 2005-12-31 | CA$4.49 Million ≈ $3.25 Million |
+984.63% |
| 2004-12-31 | CA$413.94K ≈ $299.44K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pieridae Energy 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 20799485900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$376.45 Million | 223.51% |
| Total Equity | CA$168.43 Million | 100.00% |
Pieridae Energy Ltd Competitors by Market Cap
The table below lists competitors of Pieridae Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMI PLC
LSE:IMI
|
$81.97 Million |
|
Radhika Jeweltech Limited
NSE:RADHIKAJWE
|
$82.02 Million |
|
Ten Ren Tea Co Ltd
TW:1233
|
$82.02 Million |
|
The9 Ltd ADR
NASDAQ:NCTY
|
$82.02 Million |
|
Senkron Guvenlik ve Iletisim Sistemleri AS
IS:SNKRN
|
$81.90 Million |
|
GCT Semiconductor Holding Inc
NYSE:GCTS
|
$81.89 Million |
|
Flexible Solutions International Inc
NYSE MKT:FSI
|
$81.87 Million |
|
EM-Tech.CO. LTD
KQ:091120
|
$81.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pieridae Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,747,000 to 168,428,000, a change of -6,319,000 (-3.6%).
- Net loss of 38,905,000 reduced equity.
- New share issuances of 33,483,000 increased equity.
- Other comprehensive income decreased equity by 54,392,999.
- Other factors increased equity by 53,495,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-38.91 Million | -23.1% |
| Share Issuances | CA$33.48 Million | +19.88% |
| Other Comprehensive Income | CA$-54.39 Million | -32.29% |
| Other Changes | CA$53.50 Million | +31.76% |
| Total Change | CA$- | -3.62% |
Book Value vs Market Value Analysis
This analysis compares Pieridae Energy 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: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.27x to 0.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CA$1.45 | CA$0.39 | x |
| 2005-12-31 | CA$4.74 | CA$0.39 | x |
| 2006-12-31 | CA$3.50 | CA$0.39 | x |
| 2007-12-31 | CA$3.21 | CA$0.39 | x |
| 2008-12-31 | CA$7.56 | CA$0.39 | x |
| 2009-12-31 | CA$6.32 | CA$0.39 | x |
| 2010-12-31 | CA$6.58 | CA$0.39 | x |
| 2011-12-31 | CA$7.78 | CA$0.39 | x |
| 2012-12-31 | CA$9.58 | CA$0.39 | x |
| 2013-12-31 | CA$8.53 | CA$0.39 | x |
| 2014-12-31 | CA$11.33 | CA$0.39 | x |
| 2015-12-31 | CA$10.93 | CA$0.39 | x |
| 2016-12-31 | CA$9.37 | CA$0.39 | x |
| 2017-12-31 | CA$1.59 | CA$0.39 | x |
| 2018-12-31 | CA$1.79 | CA$0.39 | x |
| 2019-12-31 | CA$1.06 | CA$0.39 | x |
| 2020-12-31 | CA$0.03 | CA$0.39 | x |
| 2021-12-31 | CA$-0.21 | CA$0.39 | x |
| 2022-12-31 | CA$0.71 | CA$0.39 | x |
| 2023-12-31 | CA$1.07 | CA$0.39 | x |
| 2024-12-31 | CA$0.58 | CA$0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pieridae Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -23.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.46%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.64x
- Recent ROE (-23.10%) is above the historical average (-167.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -6.21% | -3676.68% | 0.00x | 1.42x | CA$-67.09K |
| 2005 | -3.39% | -111.23% | 0.02x | 1.25x | CA$-601.13K |
| 2006 | -6.52% | 0.00% | 0.00x | 1.29x | CA$-1.21 Million |
| 2007 | -3.70% | -544.45% | 0.00x | 1.64x | CA$-1.07 Million |
| 2008 | -3.49% | -303.53% | 0.01x | 1.21x | CA$-2.99 Million |
| 2009 | -3.99% | -457.31% | 0.01x | 1.12x | CA$-3.00 Million |
| 2010 | -5.11% | -5204.69% | 0.00x | 1.16x | CA$-4.02 Million |
| 2011 | 6.34% | 1210.86% | 0.00x | 1.19x | CA$-1.25 Million |
| 2012 | -6.33% | -8751.83% | 0.00x | 1.10x | CA$-7.79 Million |
| 2013 | -6.98% | -5482.77% | 0.00x | 1.08x | CA$-8.26 Million |
| 2014 | 25.08% | 61.97% | 0.34x | 1.20x | CA$10.57 Million |
| 2015 | -2.09% | -796.04% | 0.00x | 1.21x | CA$-8.99 Million |
| 2016 | -2.60% | -1897.20% | 0.00x | 1.22x | CA$-9.41 Million |
| 2017 | -14.84% | -9805.56% | 0.00x | 1.25x | CA$-14.77 Million |
| 2018 | -37.94% | -1314.86% | 0.01x | 4.03x | CA$-44.06 Million |
| 2019 | -94.98% | -94.59% | 0.17x | 5.77x | CA$-109.68 Million |
| 2020 | -3452.51% | -67.39% | 0.39x | 131.84x | CA$-160.90 Million |
| 2021 | 0.00% | -26.29% | 0.54x | 0.00x | CA$-84.70 Million |
| 2022 | 127.35% | 30.05% | 0.79x | 5.35x | CA$135.07 Million |
| 2023 | 5.14% | 2.44% | 0.58x | 3.65x | CA$-8.49 Million |
| 2024 | -23.10% | -17.46% | 0.36x | 3.64x | CA$-55.75 Million |
Industry Comparison
This section compares Pieridae Energy Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $642,696,496
- Average return on equity (ROE) among peers: -12.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pieridae Energy Ltd (PEA) | CA$133.05 Million | -6.21% | 3.30x | $81.92 Million |
| Advantage Oil & Gas Ltd. (AAV) | $1.27 Billion | -1.67% | 1.21x | $1.22 Billion |
| Africa Energy Corp (AFE) | $189.46K | 0.00% | 0.21x | $71.06 Million |
| Alvopetro Energy (ALV) | $60.57 Million | -7.17% | 0.08x | $230.37 Million |
| Africa Oil Corp (AOI) | $929.85 Million | -5.66% | 0.06x | $820.85 Million |
| Altima Resources Ltd (ARH) | $18.57 Million | -6.97% | 0.60x | $19.37 Million |
| ARC Resources Ltd. (ARX) | $3.16 Billion | 9.08% | 0.68x | $13.26 Billion |
| Athabasca Oil Corp (ATH) | $965.95 Million | -58.97% | 0.89x | $4.13 Billion |
| Altai Resources Inc. (ATI) | $4.45 Million | -2.56% | 0.07x | $1.42 Million |
| Avanti Energy Inc (AVN) | $159.53K | -53.64% | 0.35x | $24.04 Million |
| Arrow Exploration Corp (AXL) | $10.89 Million | -0.55% | 0.12x | $84.78 Million |
About Pieridae Energy Ltd
Pieridae Energy Limited operates as an integrated midstream and upstream energy company in Canada. It develops, produces, and processes natural gas, natural gas liquids, condensate, and sulphur. The company was formerly known as Pieridae Energy (Canada) Ltd and changed its name to Pieridae Energy Limited in October 2017. The company is based in Calgary, Canada.