FIRST CITIZENS BC A
FIRST CITIZENS BC A operates in Diversified Metals & Mining.
FIRST CITIZENS BC A (FC6A) - Net Assets
Latest net assets as of September 2024: €22.83 Billion EUR
Based on the latest financial reports, FIRST CITIZENS BC A (FC6A) has net assets worth €22.83 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€220.57 Billion) and total liabilities (€197.74 Billion). 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 | €22.83 Billion |
| % of Total Assets | 10.35% |
| Annual Growth Rate | 32.21% |
| 5-Year Change | 492.69% |
| 10-Year Change | N/A |
| Growth Volatility | 46.66 |
FIRST CITIZENS BC A - Net Assets Trend (2016–2023)
This chart illustrates how FIRST CITIZENS BC A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FIRST CITIZENS BC A (2016–2023)
The table below shows the annual net assets of FIRST CITIZENS BC A from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €21.25 Billion | +119.99% |
| 2022-12-31 | €9.66 Billion | +103.93% |
| 2021-12-31 | €4.74 Billion | +12.03% |
| 2020-12-31 | €4.23 Billion | +17.93% |
| 2019-12-31 | €3.59 Billion | +2.79% |
| 2018-12-31 | €3.49 Billion | +4.65% |
| 2017-12-31 | €3.33 Billion | +10.68% |
| 2016-12-31 | €3.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIRST CITIZENS BC A'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 576.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €16.74 Billion | 78.77% |
| Other Components | €4.51 Billion | 21.23% |
| Total Equity | €21.25 Billion | 100.00% |
FIRST CITIZENS BC A Competitors by Market Cap
The table below lists competitors of FIRST CITIZENS BC A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Geopacific Resources Limited
PINK:GPACF
|
$17.21 Million |
|
Terramin Australia Ltd
AU:TZN
|
$17.22 Million |
|
TPC Mechatronics Corporation
KQ:048770
|
$17.22 Million |
|
PROLOGUE S.A.INH.B EO-30
F:69P
|
$17.23 Million |
|
Chien Wei Precise Technology Co Ltd
TWO:8092
|
$17.21 Million |
|
PSG Konsult Ltd
JSE:KST
|
$17.21 Million |
|
Tacheng Real Estate Co Ltd
TWO:6171
|
$17.20 Million |
|
Autocount Dotcom Berhad
KLSE:0276
|
$17.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIRST CITIZENS BC A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 9,662,000,000 to 21,255,000,000, a change of 11,593,000,000 (120.0%).
- Net income of 11,466,000,000 contributed positively to equity growth.
- Dividend payments of 117,000,000 reduced retained earnings.
- Other factors increased equity by 244,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €11.47 Billion | +53.94% |
| Dividends Paid | €117.00 Million | -0.55% |
| Other Changes | €244.00 Million | +1.15% |
| Total Change | €- | 119.99% |
Book Value vs Market Value Analysis
This analysis compares FIRST CITIZENS BC A'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: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.59x to 1.25x 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 | €277.60 | €1830.00 | x |
| 2018-12-31 | €300.04 | €1830.00 | x |
| 2019-12-31 | €337.38 | €1830.00 | x |
| 2020-12-31 | €430.84 | €1830.00 | x |
| 2021-12-31 | €482.66 | €1830.00 | x |
| 2022-12-31 | €666.06 | €1830.00 | x |
| 2023-12-31 | €1463.83 | €1830.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIRST CITIZENS BC A 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): 53.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 130.95%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.06x
- Recent ROE (53.94%) is above the historical average (16.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.49% | 16.86% | 0.04x | 10.95x | €-75.76 Million |
| 2017 | 9.71% | 22.22% | 0.04x | 10.36x | €-9.65 Million |
| 2018 | 11.47% | 25.30% | 0.04x | 10.15x | €51.42 Million |
| 2019 | 12.75% | 26.48% | 0.04x | 11.10x | €98.75 Million |
| 2020 | 11.63% | 27.03% | 0.04x | 11.81x | €69.07 Million |
| 2021 | 11.54% | 29.76% | 0.03x | 12.31x | €73.20 Million |
| 2022 | 11.36% | 24.26% | 0.04x | 11.31x | €131.80 Million |
| 2023 | 53.94% | 130.95% | 0.04x | 10.06x | €9.34 Billion |
Industry Comparison
This section compares FIRST CITIZENS BC A's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIRST CITIZENS BC A (FC6A) | €22.83 Billion | 7.49% | 8.66x | $17.21 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |