Dairy Farm International Holdings Limited (DFA1) - Net Assets
Based on the latest financial reports, Dairy Farm International Holdings Limited (DFA1) has net assets worth €644.10 Million EUR (≈ $753.02 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.52 Billion ≈ $6.46 Billion USD) and total liabilities (€4.88 Billion ≈ $5.70 Billion USD). 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. Also explore balance sheet size of Dairy Farm International Holdings Limite for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €644.10 Million |
| % of Total Assets | 11.66% |
| Annual Growth Rate | -7.35% |
| 5-Year Change | -55.48% |
| 10-Year Change | -59.13% |
| Growth Volatility | 16.02 |
Dairy Farm International Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Dairy Farm International Holdings Limited's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Dairy Farm International Holdings Limite to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Dairy Farm International Holdings Limited (2013–2024)
The table below shows the annual net assets of Dairy Farm International Holdings Limited from 2013 to 2024. For live valuation and market cap data, see DFA1 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €594.70 Million ≈ $695.27 Million |
-39.81% |
| 2023-12-31 | €988.10 Million ≈ $1.16 Billion |
+4.96% |
| 2022-12-31 | €941.40 Million ≈ $1.10 Billion |
-25.71% |
| 2021-12-31 | €1.27 Billion ≈ $1.48 Billion |
-5.14% |
| 2020-12-31 | €1.34 Billion ≈ $1.56 Billion |
+7.78% |
| 2019-12-31 | €1.24 Billion ≈ $1.45 Billion |
-16.86% |
| 2018-12-31 | €1.49 Billion ≈ $1.74 Billion |
-15.08% |
| 2017-12-31 | €1.76 Billion ≈ $2.05 Billion |
+11.16% |
| 2016-12-31 | €1.58 Billion ≈ $1.85 Billion |
+8.53% |
| 2015-12-31 | €1.46 Billion ≈ $1.70 Billion |
-4.42% |
| 2014-12-31 | €1.52 Billion ≈ $1.78 Billion |
+10.53% |
| 2013-12-31 | €1.38 Billion ≈ $1.61 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dairy Farm International Holdings Limited'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €581.40 Million | 100.00% |
| Total Equity | €581.40 Million | 100.00% |
Dairy Farm International Holdings Limited Competitors by Market Cap
The table below lists competitors of Dairy Farm International Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DELEK GP SP.ADR/1/01/O.N
F:6D40
|
$4.87 Billion |
|
Main Street Capital Corporation
NYSE:MAIN
|
$4.87 Billion |
|
Rush Enterprises A Inc
NASDAQ:RUSHA
|
$4.87 Billion |
|
Migdal Insurance
TA:MGDL
|
$4.87 Billion |
|
GlaxoSmithKline Pharmaceuticals Limited
NSE:GLAXO
|
$4.86 Billion |
|
CSW Industrials, Inc.
NASDAQ:CSW
|
$4.86 Billion |
|
Argo Investments Ltd
AU:ARG
|
$4.86 Billion |
|
Avis Budget Group Inc
NASDAQ:CAR
|
$4.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dairy Farm International Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 980,200,000 to 581,400,000, a change of -398,800,000 (-40.7%).
- Net loss of 244,500,000 reduced equity.
- Dividend payments of 114,300,000 reduced retained earnings.
- Share repurchases of 2,700,000 reduced equity.
- Other factors decreased equity by 37,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-244.50 Million | -42.05% |
| Dividends Paid | €114.30 Million | -19.66% |
| Share Repurchases | €2.70 Million | -0.46% |
| Other Changes | €-37.30 Million | -6.42% |
| Total Change | €- | -40.69% |
Book Value vs Market Value Analysis
This analysis compares Dairy Farm International Holdings Limited'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: 7.78x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.67x to 7.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.25 | €3.34 | x |
| 2018-12-31 | €1.07 | €3.34 | x |
| 2019-12-31 | €0.89 | €3.34 | x |
| 2020-12-31 | €0.98 | €3.34 | x |
| 2021-12-31 | €0.94 | €3.34 | x |
| 2022-12-31 | €0.70 | €3.34 | x |
| 2023-12-31 | €0.72 | €3.34 | x |
| 2024-12-31 | €0.43 | €3.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dairy Farm International Holdings Limited 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): -42.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.76%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 12.51x
- Recent ROE (-42.05%) is below the historical average (14.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 39.10% | 4.84% | 2.61x | 3.09x | €372.80 Million |
| 2014 | 35.63% | 4.62% | 2.55x | 3.02x | €366.23 Million |
| 2015 | 30.85% | 3.81% | 2.31x | 3.50x | €286.82 Million |
| 2016 | 31.16% | 4.19% | 2.18x | 3.41x | €318.47 Million |
| 2017 | 23.88% | 3.57% | 2.06x | 3.24x | €234.50 Million |
| 2018 | 6.36% | 0.78% | 2.18x | 3.72x | €-52.70 Million |
| 2019 | 26.78% | 2.89% | 1.34x | 6.92x | €202.88 Million |
| 2020 | 20.49% | 2.64% | 1.30x | 5.97x | €138.77 Million |
| 2021 | 8.12% | 1.14% | 1.19x | 6.00x | €-23.82 Million |
| 2022 | -12.10% | -1.25% | 1.25x | 7.74x | €-209.31 Million |
| 2023 | 3.29% | 0.35% | 1.29x | 7.25x | €-65.82 Million |
| 2024 | -42.05% | -2.76% | 1.22x | 12.51x | €-302.64 Million |
Industry Comparison
This section compares Dairy Farm International Holdings Limited's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $530,876,202,833
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dairy Farm International Holdings Limited (DFA1) | €644.10 Million | 39.10% | 7.57x | $4.87 Billion |
| OCADO GROUP SP.ADR 1/2 (0OC1) | $1.51 Billion | -20.78% | 1.93x | $2.05 Billion |
| DINGDONG CAYMAN 2ADR/3 A (945) | $1.18 Billion | 18.85% | 4.97x | $459.79 Million |
| AHOLD DELHAI.ADR16 EO-25 (AHOD) | $14.76 Billion | 12.70% | 2.24x | $36.74 Billion |
| SEVEN+I HLDGS UNSP.ADR1/2 (S6MA) | $3.15 Trillion | 6.70% | 1.78x | $27.98 Billion |
| SAINSBURY -J.- ADR/4 NEW (SUY) | $8.42 Billion | 8.04% | 2.20x | $8.31 Billion |
| TESCO PLC ADR/1 LS-05 (TCO2) | $11.66 Billion | 13.94% | 2.33x | $34.10 Billion |
About Dairy Farm International Holdings Limited
DFI Retail Group Holdings Limited, together with its subsidiaries, operates as a retailer in Hong Kong, Mainland China, Macau, Taiwan, Singapore, Cambodia, Malaysia, Indonesia, and Brunei. It operates through Food, Convenience, Health and Beauty, Home Furnishings, Restaurants, and Other Retailing segments. The company operates health and beauty stores under the Mannings and Guardian brands; conve… Read more