Banco de Galicia y Buenos Aires SA Class B 1 Vote
Banco de Galicia y Buenos Aires SA Class B 1 Vote operates in various business sectors.
Banco de Galicia y Buenos Aires SA Class B 1 Vote (GALI) - Net Assets
Latest net assets as of June 2024: AR$3.10 Trillion ARS
Based on the latest financial reports, Banco de Galicia y Buenos Aires SA Class B 1 Vote (GALI) has net assets worth AR$3.10 Trillion ARS as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$14.42 Trillion) and total liabilities (AR$11.32 Trillion). 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 | AR$3.10 Trillion |
| % of Total Assets | 21.5% |
| Annual Growth Rate | 87.59% |
| 5-Year Change | 2022.88% |
| 10-Year Change | N/A |
| Growth Volatility | 74.94 |
Banco de Galicia y Buenos Aires SA Class B 1 Vote - Net Assets Trend (2016–2023)
This chart illustrates how Banco de Galicia y Buenos Aires SA Class B 1 Vote's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Banco de Galicia y Buenos Aires SA Class B 1 Vote (2016–2023)
The table below shows the annual net assets of Banco de Galicia y Buenos Aires SA Class B 1 Vote from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AR$1.65 Trillion | +5.82% |
| 2022-12-31 | AR$1.56 Trillion | +220.72% |
| 2021-12-31 | AR$487.35 Billion | +116.19% |
| 2020-12-31 | AR$225.43 Billion | +189.34% |
| 2019-12-31 | AR$77.91 Billion | +77.19% |
| 2018-12-31 | AR$43.97 Billion | +16.74% |
| 2017-12-31 | AR$37.67 Billion | +85.95% |
| 2016-12-31 | AR$20.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Banco de Galicia y Buenos Aires SA Class B 1 Vote'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 99893767900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$998.94 Billion | 60.40% |
| Other Components | AR$655.03 Billion | 39.60% |
| Total Equity | AR$1.65 Trillion | 100.00% |
Banco de Galicia y Buenos Aires SA Class B 1 Vote Competitors by Market Cap
The table below lists competitors of Banco de Galicia y Buenos Aires SA Class B 1 Vote ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Egyptian Real Estate Group
EGX:AREH
|
$214.82 |
|
E-Power Resources Inc
F:8RO
|
$215.20 |
|
Star8 Corp
PINK:STRH
|
$215.65 |
|
Belle Corp
PSE:BEL
|
$215.74 |
|
El Orouba Securities Brokerage
EGX:EOSB
|
$214.01 |
|
OBAT
JK:OBAT
|
$213.96 |
|
CRAFTPORT CANNABIS CORP.
F:BBW0
|
$213.81 |
|
NEM INSURANCE PLC
XNSA:NEM
|
$213.69 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco de Galicia y Buenos Aires SA Class B 1 Vote's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,563,025,259,000 to 1,653,968,888,000, a change of 90,943,629,000 (5.8%).
- Net income of 282,773,180,000 contributed positively to equity growth.
- Dividend payments of 191,843,635,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$282.77 Billion | +17.1% |
| Dividends Paid | AR$191.84 Billion | -11.6% |
| Other Changes | AR$14.08 Million | +0.0% |
| Total Change | AR$- | 5.82% |
Book Value vs Market Value Analysis
This analysis compares Banco de Galicia y Buenos Aires SA Class B 1 Vote'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: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.51x to 0.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$45.00 | AR$23.00 | x |
| 2018-12-31 | AR$65.77 | AR$23.00 | x |
| 2019-12-31 | AR$116.54 | AR$23.00 | x |
| 2020-12-31 | AR$337.19 | AR$23.00 | x |
| 2021-12-31 | AR$728.96 | AR$23.00 | x |
| 2022-12-31 | AR$2337.94 | AR$23.00 | x |
| 2023-12-31 | AR$2473.97 | AR$23.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco de Galicia y Buenos Aires SA Class B 1 Vote 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): 17.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.75%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 5.24x
- Recent ROE (17.10%) is below the historical average (20.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 26.94% | 17.66% | 0.12x | 12.70x | AR$3.20 Billion |
| 2017 | 19.30% | 17.79% | 0.12x | 9.39x | AR$3.33 Billion |
| 2018 | 26.24% | 22.86% | 0.10x | 11.63x | AR$7.14 Billion |
| 2019 | 45.22% | 33.88% | 0.17x | 7.65x | AR$27.44 Billion |
| 2020 | 14.36% | 13.23% | 0.17x | 6.34x | AR$9.83 Billion |
| 2021 | 9.87% | 11.23% | 0.15x | 5.90x | AR$-650.50 Million |
| 2022 | 8.89% | 8.30% | 0.18x | 5.86x | AR$-17.34 Billion |
| 2023 | 17.10% | 10.75% | 0.30x | 5.24x | AR$117.38 Billion |
Industry Comparison
This section compares Banco de Galicia y Buenos Aires SA Class B 1 Vote's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.