Pico Far East Holdings Limited
Pico Far East Holdings Limited, an investment holding company, engages in the exhibition, event, and brand activation; visual branding activation; museum and themed environment; meeting architecture activation; and related businesses. The company offers visual branding solutions, brand management, and design and consultancy services; digital marketing solutions; visual and digital content; virtua… Read more
Pico Far East Holdings Limited (PJFB) - Net Assets
Latest net assets as of April 2025: €2.33 Billion EUR
Based on the latest financial reports, Pico Far East Holdings Limited (PJFB) has net assets worth €2.33 Billion EUR as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.79 Billion) and total liabilities (€3.46 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 | €2.33 Billion |
| % of Total Assets | 40.3% |
| Annual Growth Rate | 3.39% |
| 5-Year Change | 10.52% |
| 10-Year Change | 35.12% |
| Growth Volatility | 5.36 |
Pico Far East Holdings Limited - Net Assets Trend (2014–2024)
This chart illustrates how Pico Far East Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pico Far East Holdings Limited (2014–2024)
The table below shows the annual net assets of Pico Far East Holdings Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | €2.32 Billion | -0.50% |
| 2023-10-31 | €2.33 Billion | +6.58% |
| 2022-10-31 | €2.19 Billion | -5.75% |
| 2021-10-31 | €2.32 Billion | +10.58% |
| 2020-10-31 | €2.10 Billion | -2.68% |
| 2019-10-31 | €2.16 Billion | +7.90% |
| 2018-10-31 | €2.00 Billion | -0.11% |
| 2017-10-31 | €2.00 Billion | +10.70% |
| 2016-10-31 | €1.81 Billion | +5.30% |
| 2015-10-31 | €1.72 Billion | +3.29% |
| 2014-10-31 | €1.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pico Far East 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 grown by 59.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.82 Billion | 79.36% |
| Other Components | €473.02 Million | 20.64% |
| Total Equity | €2.29 Billion | 100.00% |
Pico Far East Holdings Limited Competitors by Market Cap
The table below lists competitors of Pico Far East Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MBK Public Company Limited
BK:MBK
|
$228.06 Million |
|
Thonburi Healthcare Grp Pcl
BK:THG
|
$228.08 Million |
|
Shenzhen Weiguang Biological Products Co Ltd
SHE:002880
|
$228.11 Million |
|
China Railway Harbin Group of Technology Corp. A
SHG:688459
|
$228.17 Million |
|
Advanced International Multitech Co Ltd
TWO:8938
|
$228.02 Million |
|
The Star Entertainment Group Limited
PINK:EHGRF
|
$228.00 Million |
|
Sky Harbour Group Corporation
NYSE:SKYH
|
$227.91 Million |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019
|
$227.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pico Far East Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,261,271,000 to 2,291,917,000, a change of 30,646,000 (1.4%).
- Net income of 357,568,000 contributed positively to equity growth.
- Dividend payments of 155,006,000 reduced retained earnings.
- New share issuances of 2,234,000 increased equity.
- Other factors decreased equity by 174,150,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €357.57 Million | +15.6% |
| Dividends Paid | €155.01 Million | -6.76% |
| Share Issuances | €2.23 Million | +0.1% |
| Other Changes | €-174.15 Million | -7.6% |
| Total Change | €- | 1.36% |
Book Value vs Market Value Analysis
This analysis compares Pico Far East 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: 0.16x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-10-31 | €1.56 | €0.29 | x |
| 2018-10-31 | €1.55 | €0.29 | x |
| 2019-10-31 | €1.60 | €0.29 | x |
| 2020-10-31 | €1.58 | €0.29 | x |
| 2021-10-31 | €1.77 | €0.29 | x |
| 2022-10-31 | €1.70 | €0.29 | x |
| 2023-10-31 | €1.82 | €0.29 | x |
| 2024-10-31 | €1.85 | €0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pico Far East 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): 15.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.65%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.49x
- Recent ROE (15.60%) is above the historical average (12.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.92% | 6.27% | 1.18x | 2.01x | €79.31 Million |
| 2015 | 16.34% | 6.52% | 1.26x | 2.00x | €106.56 Million |
| 2016 | 16.88% | 7.25% | 1.17x | 1.99x | €122.47 Million |
| 2017 | 14.69% | 7.07% | 1.01x | 2.06x | €89.82 Million |
| 2018 | 14.20% | 5.86% | 1.12x | 2.15x | €80.26 Million |
| 2019 | 12.95% | 5.12% | 1.02x | 2.47x | €58.54 Million |
| 2020 | 2.58% | 1.47% | 0.72x | 2.43x | €-145.26 Million |
| 2021 | 6.26% | 3.38% | 0.75x | 2.46x | €-81.86 Million |
| 2022 | 7.72% | 3.58% | 0.91x | 2.38x | €-47.90 Million |
| 2023 | 10.09% | 4.28% | 1.05x | 2.24x | €1.96 Million |
| 2024 | 15.60% | 5.65% | 1.11x | 2.49x | €128.38 Million |
Industry Comparison
This section compares Pico Far East Holdings Limited's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $19,576,655,588
- Average return on equity (ROE) among peers: -162.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pico Far East Holdings Limited (PJFB) | €2.33 Billion | 14.92% | 1.48x | $228.04 Million |
| NetMedia Group société anonyme (1VM0) | $7.08 Million | -27.34% | 3.79x | $1.10 Million |
| Acheter-Louer.Fr SA (2ZT1) | $3.03 Million | -331.54% | 2.40x | $22.55 |
| Sociallite US AB (publ) (8450) | $10.27 Million | -1071.26% | 6.85x | $146.23K |
| TMP Group S.p.A. (A72) | $2.20 Million | 26.77% | 1.82x | $33.16K |
| ad pepper media International N.V (APM) | $21.34 Million | -160.85% | 0.54x | $30.90 Million |
| Criteo S.A (CI5A) | $1.04 Billion | 8.74% | 0.72x | $721.27 Million |
| CyberAgent Inc (CL2) | $194.14 Billion | 21.40% | 0.97x | $3.26 Billion |
| OPS Retail S.p.A. (DMM) | $13.32 Million | -100.54% | 2.98x | $1.37 Million |
| AS Ekspress Grupp (DYC) | $48.67 Million | 5.56% | 0.50x | $1.31 Million |
| Plus Group Holdings Inc. (EJ0) | $479.67 Million | 2.71% | 0.67x | $13.66 Million |