VIS Containers Manufacturing Co. Ltd
VIS Containers Manufacturing Co. Ltd designs, manufactures, and markets paper packaging materials in Greece. It offers carton boxes, carton trays, bag in boxes, ready and shelf ready products, cardboards sheets, and agricultural products for use in packaging, transportation, and storage of food and agricultural products, as well as various industrial and product advertising applications. The comp… Read more
VIS Containers Manufacturing Co. Ltd (VIS) - Net Assets
Latest net assets as of December 2022: €3.15 Million EUR
Based on the latest financial reports, VIS Containers Manufacturing Co. Ltd (VIS) has net assets worth €3.15 Million EUR as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€32.94 Million) and total liabilities (€29.79 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 | €3.15 Million |
| % of Total Assets | 9.57% |
| Annual Growth Rate | -17.3% |
| 5-Year Change | -61.84% |
| 10-Year Change | N/A |
| Growth Volatility | 78.4 |
VIS Containers Manufacturing Co. Ltd - Net Assets Trend (2014–2022)
This chart illustrates how VIS Containers Manufacturing Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VIS Containers Manufacturing Co. Ltd (2014–2022)
The table below shows the annual net assets of VIS Containers Manufacturing Co. Ltd from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €3.15 Million | +202.29% |
| 2021-12-31 | €1.04 Million | -69.54% |
| 2020-12-31 | €3.42 Million | -39.23% |
| 2019-12-31 | €5.63 Million | -31.80% |
| 2018-12-31 | €8.26 Million | -23.76% |
| 2017-12-31 | €10.84 Million | -9.27% |
| 2016-12-31 | €11.94 Million | -2.26% |
| 2015-12-31 | €12.22 Million | -15.22% |
| 2014-12-31 | €14.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VIS Containers Manufacturing Co. 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 grown by 2767.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.90 Million | 92.12% |
| Common Stock | €2.73 Million | 86.70% |
| Total Equity | €3.15 Million | 100.00% |
VIS Containers Manufacturing Co. Ltd Competitors by Market Cap
The table below lists competitors of VIS Containers Manufacturing Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YHN Acquisition I Limited Right
NASDAQ:YHNAR
|
$702.29K |
|
VERICI DX PLC LS-001
F:63V
|
$703.78K |
|
Aurum Lake Mining Corporation
V:ARL
|
$703.78K |
|
Global Cannabis Applications Corp
PINK:FUAPF
|
$704.00K |
|
VONTOBEL HLDG N
MU:VTLN
|
$701.86K |
|
DMC Mining Ltd
AU:DMM
|
$701.83K |
|
SPROUTS FARMERS MKT
BE:1FA
|
$701.76K |
|
Esken Limited
PINK:ESKNF
|
$701.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VIS Containers Manufacturing Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,042,730 to 3,152,040, a change of 2,109,310 (202.3%).
- Net loss of 1,564,710 reduced equity.
- Other factors increased equity by 3,674,020.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.56 Million | -49.64% |
| Other Changes | €3.67 Million | +116.56% |
| Total Change | €- | 202.29% |
Book Value vs Market Value Analysis
This analysis compares VIS Containers Manufacturing Co. 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: 2.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.74x to 2.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €0.08 | €0.14 | x |
| 2021-12-31 | €0.03 | €0.14 | x |
| 2022-12-31 | €0.06 | €0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VIS Containers Manufacturing Co. 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): -49.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.93%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 10.45x
- Recent ROE (-49.64%) is below the historical average (-49.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -2.59% | -1.61% | 0.55x | 2.94x | €-1.81 Million |
| 2015 | -17.93% | -10.17% | 0.55x | 3.24x | €-3.41 Million |
| 2016 | 2.99% | 1.56% | 0.58x | 3.31x | €-836.73K |
| 2017 | -10.18% | -5.50% | 0.53x | 3.47x | €-2.19 Million |
| 2018 | -31.12% | -15.16% | 0.50x | 4.13x | €-3.40 Million |
| 2019 | -46.60% | -18.27% | 0.46x | 5.54x | €-3.19 Million |
| 2020 | -64.62% | -16.16% | 0.48x | 8.28x | €-2.55 Million |
| 2021 | -223.29% | -14.72% | 0.57x | 26.82x | €-2.43 Million |
| 2022 | -49.64% | -8.93% | 0.53x | 10.45x | €-1.88 Million |
Industry Comparison
This section compares VIS Containers Manufacturing Co. Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $31,473,500
- Average return on equity (ROE) among peers: 4.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VIS Containers Manufacturing Co. Ltd (VIS) | €3.15 Million | -2.59% | 9.45x | $702.03K |
| Flexopack Société Anonyme Commercial and Industrial Plastics Company (FLEXO) | $53.99 Million | 9.61% | 0.70x | $36.17 Million |
| E. Pairis S.A (PAIR) | $8.96 Million | 0.00% | 1.77x | $1.95 Million |