SP New Energy (PHS:SPNEC) Total Assets: ₱50,860 Mil (As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.38
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What is SP New Energy Total Assets?

SP New Energy PHS:SPNEC +2.22% 33 Total Assets is ₱50,860 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's Total Assets for the quarter that ended in Sep. 2024 was ₱50,860 Mil.

Total Assets is connected with ROA %. SP New Energy's annualized ROA % for the quarter that ended in Sep. 2024 was -1.98%. Total Assets is also linked to Revenue through Asset Turnover. SP New Energy's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

SP New Energy  (PHS:SPNEC) Total Assets Explanation

Total Assets is connected with ROA %.

SP New Energy's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-1009.132/( (51224.252+50860.209)/ 2 )
=-1009.132/51042.2305
=-1.98 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

SP New Energy's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=268.236/( (51224.252+50860.209)/ 2 )
=268.236/51042.2305
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

SP New Energy Total Assets Related Terms

SP New Energy Total Assets Historical Data

* Premium members only.

The historical data trend for SP New Energy's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SP New Energy Total Assets Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Total Assets
Get a 7-Day Free Trial 42.41 46.73 66.48 0.00 51,182.81

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22,664.44 51,182.81 51,301.23 51,224.25 50,860.21
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

SP New Energy's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=42419.975+8762.839
=51,183

SP New Energy's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=42601.018+8259.191
=50,860

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ₱50,860 Mil mean?
SP New Energy (PHS:SPNEC) has a Total Assets of ₱50,860 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on SP New Energy and its competitors.
Is SP New Energy's Total Assets too high?
SP New Energy's current Total Assets is ₱50,860 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Total Assets compare to CEG?
SP New Energy's Total Assets of ₱50,860 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Utilities - Independent Power Producers company?
A good Total Assets depends on the Utilities - Independent Power Producers industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on SP New Energy and its competitors. SP New Energy's current Total Assets is ₱50,860 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Total Assets of ₱50,860 Mil. The current Total Assets is ₱50,860 Mil. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Total Assets is ₱50,860 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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