Serica Energy (SQZ)

Sector:

Energy Producers

Index:

FTSE AIM 100

140.40p
   
  • Change Today:
    -1.50p
  • 52 Week High: 237.80
  • 52 Week Low: 114.80
  • Currency: UK Pounds
  • Shares Issued: 390.43m
  • Volume: 1,120,399
  • Market Cap: £548.16m
  • RiskGrade: 160
  • Beta: 1.08

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Interim Dividend9.00pn/an/an/an/a
Final Dividend14.00p14.00p9.00p3.50pn/a
Total Dividend23.00p22.00p9.00p3.50p3.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue 632.64 812.42 514.14 125.64 250.53
Operating Profit/(Loss) 321.16 476.21 246.08 (18.70) 87.68
Net Interest (7.95) 3.56 (0.44) (0.04) (0.68)
Profit Before Tax 305.62 488.18 135.11 12.55 108.77
Profit After Tax 102.98 177.80 79.29 7.78 64.02
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 102.98 177.80 79.29 7.78 64.02
Attributable to:          
Equity Holders of Parent Company 102.98 177.80 79.29 7.78 64.02
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 29.00p 65.00p 30.00p 3.00p 24.00p
Earnings per Share - Diluted 27.00p 62.00p 28.00p 3.00p 23.00p
Earnings per Share - Adjusted 29.00p 65.00p 30.00p 3.00p 24.00p
Continuing and Discontinued EPS          
Earnings per Share - Basic 29.00p 65.00p 30.00p 3.00p 24.00p
Earnings per Share - Diluted 27.00p 62.00p 28.00p 3.00p 23.00p
Earnings per Share - Adjusted 29.00p 65.00p 30.00p 3.00p 24.00p
           
Dividend per Share 23.00p 22.00p 9.00p 3.50p 3.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 711.50 265.91 328.94 311.12 325.40
Intangible Assets n/a n/a 2.95 1.04 3.65
Investment Properties n/a n/a n/a n/a n/a
Investments n/a n/a n/a n/a n/a
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 86.04 1.00 n/a n/a n/a
  797.54 266.91 331.89 312.17 329.06
Current Assets          
Inventories 10.89 4.00 4.05 4.63 4.67
Trade & Other Receivables 138.61 134.63 132.35 39.53 35.91
Cash at Bank & in Hand 263.49 432.53 102.98 89.33 101.82
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 27.54 24.32 115.39 1.80 6.88
  440.53 595.47 354.78 135.29 149.28
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,238.06 862.38 686.67 447.46 478.34
           
Liabilities          
Current Liabilities          
Borrowings 32.46 0.99 93.86 53.63 45.35
Other Current Liabilities 168.38 244.80 132.80 41.81 26.45
  200.84 245.79 226.66 95.45 71.80
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 278.04 29.38 37.79 48.77 110.11
Provisions 103.92 178.49 148.70 103.40 98.42
Other Non-Current Liabilities n/a n/a 0.99 n/a n/a
  381.96 207.87 187.49 152.17 208.53
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 582.80 453.66 414.14 247.62 280.33
           
Net Assets 655.26 408.72 272.53 199.85 198.01
           
Capital & Reserves          
Share Capital 192.92 183.18 181.99 181.61 181.38
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 248.17 25.58 22.07 19.68 17.82
Retained Earnings 214.17 199.97 68.47 (1.44) (1.19)
Shareholders Funds 655.26 408.72 272.53 199.85 198.01
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 655.26 408.72 272.53 199.85 198.01
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 98.01 560.14 157.60 44.07 137.05
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (108.76) (186.47) (134.35) (47.94) (60.97)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (154.37) (45.63) (9.25) (7.99) (15.72)
Net Increase/Decrease In Cash (165.13) 328.04 14.00 (11.86) 60.36
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 7.9 4.4 8.0 38.3 5.4
PEG - Adjusted n/a 0.0 0.0 n/a 0.3
Earnings per Share Growth - Adjusted -55% 117% 900% -88% 20%
Dividend Cover 1.26 2.95 3.33 0.86 8.00
Revenue per Share 162.04p 208.09p 1.33p 32.18p 64.17p
Pre-Tax Profit per Share 78.28p 125.04p 0.35p 3.21p 27.86p
Operating Margin 50.76% 58.62% 47.86% (14.89%) 35.00%
Return on Capital Employed 29.31% 78.47% 0.25% 3.11% 24.42%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 7.9 4.4 795.9 38.3 5.4
PEG - Adjusted n/a 0.0 n/a n/a 0.3
Earnings per Share Growth - Adjusted -55% 21,365% -90% -88% 20%
Dividend Cover 1.26 2.95 0.03 0.86 8.00
           
Dividend Yield 10.0% 7.7% 3.7% 3.0% 2.3%
Dividend per Share Growth 4.55% 144.44% 157.14% 16.67% n/a
Operating Cash Flow per Share 25.10p 143.47p 40.37p 11.29p 35.10p
Cash Incr/Decr per Share (42.29p) 84.02p 0.036p (3.04p) 15.46p
Net Asset Value per Share (exc. Intangibles) 167.83p 104.69p 69.05p 50.92p 49.78p
Net Gearing 7.17% -98.40% 10.52% 6.54% 27.09%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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