Balticon
Balticon operates in Environmental & Facilities Services.
Balticon (BLT) - Net Assets
Latest net assets as of June 2024: zł57.97 Million PLN
Based on the latest financial reports, Balticon (BLT) has net assets worth zł57.97 Million PLN as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł145.41 Million) and total liabilities (zł87.44 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 | zł57.97 Million |
| % of Total Assets | 39.87% |
| Annual Growth Rate | 10.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.48 |
Balticon - Net Assets Trend (2019–2023)
This chart illustrates how Balticon's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Balticon (2019–2023)
The table below shows the annual net assets of Balticon from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | zł58.14 Million | +3.31% |
| 2022-12-31 | zł56.28 Million | +14.68% |
| 2021-12-31 | zł49.08 Million | +7.75% |
| 2020-12-31 | zł45.55 Million | +17.10% |
| 2019-12-31 | zł38.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Balticon'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 103.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | zł58.33 Million | 100.44% |
| Total Equity | zł58.08 Million | 100.00% |
Balticon Competitors by Market Cap
The table below lists competitors of Balticon ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
191600
KO:191600
|
$48.04K |
|
KAPSCH (BZ6.SG)
STU:BZ6
|
$48.06K |
|
B.M.P. PHARMA TRAD (BMP.SG)
STU:BMP
|
$48.09K |
|
EMBASSY OFFICE PARKS REIT UNITS
NSE:EMBASSY
|
$48.12K |
|
BQYL39
SA:BQYL39
|
$47.96K |
|
ITM Power
LSE:ITM
|
$47.95K |
|
Philip Morris Pakistan Ltd
KAR:PMPK
|
$47.93K |
|
KERNEL HLDG
MU:0KE
|
$47.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Balticon's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 56,279,445 to 58,077,301, a change of 1,797,856 (3.2%).
- Net income of 1,927,567 contributed positively to equity growth.
- Dividend payments of 527,850 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł1.93 Million | +3.32% |
| Dividends Paid | zł527.85K | -0.91% |
| Other Changes | zł398.14K | +0.69% |
| Total Change | zł- | 3.19% |
Book Value vs Market Value Analysis
This analysis compares Balticon'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: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.49x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | zł14.67 | zł21.80 | x |
| 2021-12-31 | zł15.81 | zł21.80 | x |
| 2022-12-31 | zł18.13 | zł21.80 | x |
| 2023-12-31 | zł18.70 | zł21.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Balticon 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): 3.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.84%
- • Asset Turnover: 1.73x
- • Equity Multiplier: 2.30x
- Recent ROE (3.32%) is below the historical average (7.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.82% | 0.18% | 1.68x | 2.64x | zł-3.57 Million |
| 2020 | 11.57% | 3.02% | 1.87x | 2.05x | zł714.48K |
| 2021 | 9.00% | 2.36% | 1.56x | 2.45x | zł-491.44K |
| 2022 | 13.56% | 3.37% | 1.77x | 2.28x | zł2.01 Million |
| 2023 | 3.32% | 0.84% | 1.73x | 2.30x | zł-3.88 Million |
Industry Comparison
This section compares Balticon's net assets metrics with peer companies in the Professional & Commercial Services industry.
Industry Context
- Industry: Professional & Commercial Services
- Average net assets among peers: $6,250,733
- Average return on equity (ROE) among peers: -21.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Balticon (BLT) | zł57.97 Million | 0.82% | 1.51x | $48.00K |
| AOL (AOL) | $3.60 Million | 21.15% | 0.27x | $55.49K |
| Fundusz Hipoteczny Dom SA (FHD) | $4.95 Million | -97.65% | 9.09x | $10.17K |
| Geotrans SA (GTS) | $20.52 Million | 8.35% | 0.10x | $13.71K |
| Grupa HRC S.A. (HRC) | $897.36K | -53.41% | 0.61x | $1.89K |
| Notoria (NTS) | $1.29 Million | 14.04% | 0.45x | $20.54K |