NEXTENERGY SOLAR FUND LIMITED RED ORD NPV chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.24
Dividend & Yield0.08£ (6.90%)
Beta 0.21
Market capitalization 643.91M
Operating cash flow 58.14M
ESG Scores unknown

Company description

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial. It invests in solar power plants. The fund may also acquire selected building-integrated installations. It invests in electric power by solar energy and independent power producers and energy traders. It seeks to invest in the United Kingdom. It will typically seek to acquire sole ownership, but may enter into joint ventures or acquire majority interests. Where an interest of less than 100 percent in a particular asset is acquired, the fund intends to secure controlling shareholder rights through shareholders' agreements or other legal arrangements. The fund will not invest more than 30 percent of the gross asset value in any one project. In case of under developed assets it will not invest more than 10 per cent of the gross asset value. It may invest by way of equity or a mix of equity and shareholder loans.

Sector: Financial Services - Industry: Asset Management

Financial Ratios
Quick Ratio1.38
Working Capital4.44
Return On Equity0.07
Debt To Equity0.34
Fixed Asset Ratio0.12
Fixed Interest Cover5.23

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 13.86M -14.3M -2.34M 131k
Total Cashflows From Investing Activities 65k
Net Borrowings
Total Cash From Financing Activities 67.48M 55.28M -47.56M -49.34M
Change To Operating Activities
Issuance Of Stock
Net Income 71.58M -29.65M 40.22M 127.55M
Change In Cash -56.61M 5.84M -14.32M 8.8M
Effect Of Exchange Rate
Total Cash From Operating Activities -124.16M -49.44M 33.24M 58.14M
Depreciation 22k 109k
Change To Account Receivables -13.01M 437k -514k 694k
Other Cashflows From Financing Activities
Change To Netincome -196.61M -6.03M -4.12M -70.23M
Capital Expenditures

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 71.58M -29.65M 40.22M 127.55M
Net Income 71.58M -29.65M 40.22M 127.55M
Selling General Administrative 6.82M 7.29M 6.75M 6.59M
Gross Profit 80.15M -14.52M 56.58M 143.7M
Ebit 73.34M -21.81M 49.83M 137.1M
Operating Income 73.34M -21.81M 49.83M 137.1M
Interest Expense -1.82M -7.79M -9.53M -9.45M
Income Tax Expense
Total Revenue 80.15M -14.52M 56.58M 143.7M
Cost Of Revenue
Total Other Income ExpenseNet -1.76M -7.84M -9.61M -9.55M
Net Income From Continuing Ops 71.58M -29.65M 40.22M 127.55M
Net Income Applicable To Common Shares 71.58M -29.65M 40.22M 127.55M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 138.41M 224.05M 221.87M 209.84M
Total Stockholder Equity 645.05M 578.63M 580.79M 668.5M
Other Current Liabilities 39.12M 26.09M 23.81M 11.51M
Total Assets 783.46M 802.68M 802.66M 878.34M
Common Stock 607.49M 610.45M 605.94M 608.04M
Other Current Assets
Retained Earnings 45.02M -24.36M -25.15M 60.46M
Treasury Stock -7.46M -7.46M
Cash 19.29M 25.13M 10.81M 19.61M
Total Current Liabilities 39.38M 26.27M 23.95M 11.79M
Other Stockholder Equity -7.46M -7.46M
Property, Plant, and Equipment
Total Current Assets 60.69M 49.12M 33.02M 36M
Net Tangible Assets 645.05M 578.63M 580.79M 668.5M
Net Receivables 40.95M 23.97M 22.18M 16.32M
Accounts Payable 264k 184k 142k 273k


Insider Transactions

Here are the insider transactions of stock shares related to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Artemis Investment Management LLPD2022-09-166.37M
Artemis Investment Management LLPD2022-06-272.24M
Investec Wealth & Investment LimitedD2022-06-24
Legal & General Group plcD2022-06-24
VT Gravis FundsD2022-06-24
Prudential PlcD2022-06-24
Baillie Gifford & CoD2022-04-0829.17M
Bush (Josephine)D2022-03-31
Firth (Patrick Anthony Seymour)D2022-03-31
Holmes (Victor)D2022-03-31
Investec Wealth & Investment LimitedD2022-03-31
Legal & General Group plcD2022-03-31
Lyon (Kevin John)D2022-03-31
Peacegood (Joanne)D2022-03-31
Prudential PlcD2022-03-31
VT Gravis FundsD2022-03-31
Legal & General Group plcD2022-01-1212.58M
Bush (Josephine)Bought at price 1.40 per share.D2022-01-1110k
Holmes (Victor)Bought at price 1.40 per share.D2022-01-1148.4k
Lyon (Kevin John)Bought at price 1.40 per share.D2022-01-1150k
Peacegood (Joanne)Bought at price 1.40 per share.D2022-01-1140k
Prudential PlcD2021-10-292.13M
Artemis Investment Management LLPD2021-08-256.8M
Baillie Gifford & CoD2021-08-161.2M
Firth (Patrick Anthony Seymour)Bought at price 1.40 per share.D2021-06-301.57k
Artemis Investment Management LLPD2021-06-16
Baillie Gifford & CoD2021-06-16
Firth (Patrick Anthony Seymour)D2021-06-16
Holmes (Victor)D2021-06-16
Inglis (Susan Patricia)D2021-06-16
Investec Wealth & Investment LimitedD2021-06-16
Legal & General Group plcD2021-06-16
Lyon (Kevin John)D2021-06-16
Peacegood (Joanne)D2021-06-16
VT Gravis FundsD2021-06-16
Prudential PlcD2021-06-16
Prudential PlcD2021-05-211.69M
Investec Wealth & Investment LimitedD2021-05-195.92M
Prudential PlcD2021-04-19612.06k
VT Gravis FundsD2021-03-31
Prudential PlcD2021-03-31
Artemis Investment Management LLPD2021-03-31
Baillie Gifford & CoD2021-03-31
Firth (Patrick Anthony Seymour)Bought at price 1.39 per share.D2021-03-311.54k
Firth (Patrick Anthony Seymour)D2021-03-31
Holmes (Victor)D2021-03-31
Inglis (Susan Patricia)D2021-03-31
Investec Wealth & Investment LimitedD2021-03-31
Legal & General Group plcD2021-03-31
Lyon (Kevin John)D2021-03-31
Peacegood (Joanne)D2021-03-31

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

Here is the result of two systematic investment strategies applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The following chart shows the equity curve of the two systematic investment strategies applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV:

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -5.85% on the backtest period.

Performance at glance

Performance

-5.85 %

Latent gain

-99.8 £

Invested capital

1706.2 £

Annualized return

-1.42 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

This is the result of two momentum investment strategies applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The following chart shows all the entries opened by the momentum investment system on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV:

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV momentum entries
  • The first momentum investment strategy would give -6.64% of return on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV. That represents -385.6£ of latent gain with 5807.2£ of employed capital.
  • The second momentum investment strategy would give -6.86% of return on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV. That represents -414.0£ of latent gain with 6036.4£ of employed capital.
Performance at glance (1Q Momentum)

Performance

-6.64 %

Latent gain

-385.6 £

Invested capital

5807.2 £

Annualized return

-7.2 %
Performance at glance (2Q Momentum)

Performance

-6.86 %

Latent gain

-414.0 £

Invested capital

6036.4 £

Annualized return

-1.88 %

Momentum equity curve on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The following chart shows the equity curve of the two momentum strategies applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV:

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV momentum equity

Note: the dividends potentially given by NEXTENERGY SOLAR FUND LIMITED RED ORD NPV are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The following chart shows the employed capital evolution of the two momentum strategies on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV since the beginning:

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

Buy the dip entry openings on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The performance achieved by the robo-advisor on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV is -15.27%. That represents -36.2$ of latent gain with 237.0£ of employed capital. The following chart shows NEXTENERGY SOLAR FUND LIMITED RED ORD NPV stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NEXTENERGY SOLAR FUND LIMITED RED ORD NPV, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-15.27 %

Latent gain

-36.2 £

Invested capital

237.0 £

Annualized return

-7.2 %

Equity curve of the strategy applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The following chart shows the result of the investment strategy applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV:

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

Note: the dividends potentially given by NEXTENERGY SOLAR FUND LIMITED RED ORD NPV are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The following chart shows the employed capital evolution since the beginning of the investment strategy on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV:

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

In this section, I will compare the three previous investment strategies applied to NEXTENERGY SOLAR FUND LIMITED RED ORD NPV.

Equity curve comparison on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV investment strategy comparison

Employed capital comparison on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV investment comparison

Performance comparison on NEXTENERGY SOLAR FUND LIMITED RED ORD NPV

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -5.85% -99.8£ 1706.2£ -1.42%
Momentum 1 quarter -6.64% -385.6£ 5807.2£ -1.71%
Momentum 2 quarters -6.86% -414.0£ 6036.4£ -1.88%
Non-directional -15.27% -36.2£ 237.0£ -7.2%
Annualized return comparison

Automatic investment

-1.42 %

Momentum 1Q

-1.88 %

Momentum 2Q

-1.88 %

Non-directional

-7.2 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NEXTENERGY SOLAR FUND LIMITED RED ORD NPV:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between NEXTENERGY SOLAR FUND LIMITED RED ORD NPV and the other stocks. There may be false positives or some missing correlated stocks. If the price of NEXTENERGY SOLAR FUND LIMITED RED ORD NPV does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NEXTENERGY SOLAR FUND LIMITED RED ORD NPV
Country Guernsey
City St Peter Port
Address 1 Royal Plaza
Phone
Website www.nextenergysolarfund.com
FullTime employees
Industry Asset Management
Sector Financial Services
Exchange XLON
Ticker NESF.XLON
Market www.londonstockexchange.com

NEXTENERGY SOLAR FUND LIMITED RED ORD NPV ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown