Wilmar International Limited (RTHA) - Net Assets
Based on the latest financial reports, Wilmar International Limited (RTHA) has net assets worth €23.31 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€60.72 Billion) and total liabilities (€37.41 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 | €23.31 Billion |
| % of Total Assets | 38.39% |
| Annual Growth Rate | 36.52% |
| 5-Year Change | 4.72% |
| 10-Year Change | 46.34% |
| Growth Volatility | 79202.07 |
Wilmar International Limited - Net Assets Trend (2002–2024)
This chart illustrates how Wilmar International 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 Wilmar International Limited (2002–2024)
The table below shows the annual net assets of Wilmar International Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €22.39 Billion | -1.58% |
| 2023-12-31 | €22.75 Billion | +0.67% |
| 2022-12-31 | €22.60 Billion | -0.01% |
| 2021-12-31 | €22.60 Billion | +5.70% |
| 2020-12-31 | €21.38 Billion | +19.62% |
| 2019-12-31 | €17.88 Billion | +6.62% |
| 2018-12-31 | €16.77 Billion | -1.29% |
| 2017-12-31 | €16.99 Billion | +10.44% |
| 2016-12-31 | €15.38 Billion | +0.51% |
| 2015-12-31 | €15.30 Billion | -6.76% |
| 2014-12-31 | €16.41 Billion | +3.30% |
| 2013-12-31 | €15.89 Billion | +317509.38% |
| 2005-12-31 | €5.00 Million | -57.66% |
| 2004-12-31 | €11.81 Million | -6.26% |
| 2003-12-31 | €12.60 Million | -46.88% |
| 2002-12-31 | €23.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wilmar International 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 1424533900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €14.23 Billion | 71.63% |
| Other Components | €5.64 Billion | 28.37% |
| Total Equity | €19.86 Billion | 100.00% |
Wilmar International Limited Competitors by Market Cap
The table below lists competitors of Wilmar International Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galp Energia SGPS S.A.
LS:GALP
|
$13.45 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
$13.46 Billion |
|
HMM Co Ltd
KO:011200
|
$13.49 Billion |
|
Mr. Cooper Group Inc
NASDAQ:COOP
|
$13.49 Billion |
|
Jeronimo Martins SGPS SA
LS:JMT
|
$13.41 Billion |
|
COSCO Shipping Energy Transportation Co Ltd
SHG:600026
|
$13.39 Billion |
|
Hasbro Inc
NASDAQ:HAS
|
$13.38 Billion |
|
Sumitomo Realty & Development Co. Ltd
F:RL2
|
$13.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wilmar International Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,172,838,000 to 19,860,734,000, a change of -312,104,000 (-1.5%).
- Net income of 1,169,814,000 contributed positively to equity growth.
- Dividend payments of 796,310,000 reduced retained earnings.
- Other factors decreased equity by 685,608,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.17 Billion | +5.89% |
| Dividends Paid | €796.31 Million | -4.01% |
| Other Changes | €-685.61 Million | -3.45% |
| Total Change | €- | -1.55% |
Book Value vs Market Value Analysis
This analysis compares Wilmar International 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: 0.80x
- 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 1.00x to 0.80x 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 | €2.52 | €2.53 | x |
| 2018-12-31 | €2.54 | €2.53 | x |
| 2019-12-31 | €2.64 | €2.53 | x |
| 2020-12-31 | €2.99 | €2.53 | x |
| 2021-12-31 | €3.16 | €2.53 | x |
| 2022-12-31 | €3.20 | €2.53 | x |
| 2023-12-31 | €3.23 | €2.53 | x |
| 2024-12-31 | €3.18 | €2.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wilmar International 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): 5.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.74%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 3.00x
- Recent ROE (5.89%) is above the historical average (-9.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -9.66% | -21.50% | 0.35x | 1.27x | €-4.63 Million |
| 2003 | -95.14% | -87.61% | 0.57x | 1.90x | €-13.04 Million |
| 2004 | -6.56% | -5.17% | 0.67x | 1.89x | €-1.92 Million |
| 2005 | -133.51% | -39.33% | 1.18x | 2.89x | €-7.18 Million |
| 2013 | 8.79% | 2.99% | 0.95x | 3.11x | €-181.55 Million |
| 2014 | 7.46% | 2.68% | 0.99x | 2.81x | €-393.31 Million |
| 2015 | 7.11% | 2.64% | 1.05x | 2.57x | €-416.49 Million |
| 2016 | 6.74% | 2.35% | 1.12x | 2.57x | €-471.21 Million |
| 2017 | 7.64% | 2.78% | 1.07x | 2.56x | €-377.05 Million |
| 2018 | 7.03% | 2.53% | 0.97x | 2.85x | €-476.88 Million |
| 2019 | 7.72% | 3.03% | 0.91x | 2.81x | €-382.85 Million |
| 2020 | 8.12% | 3.04% | 0.99x | 2.70x | €-354.13 Million |
| 2021 | 9.49% | 2.87% | 1.12x | 2.95x | €-102.00 Million |
| 2022 | 12.02% | 3.27% | 1.22x | 3.02x | €403.90 Million |
| 2023 | 7.56% | 2.27% | 1.09x | 3.06x | €-492.45 Million |
| 2024 | 5.89% | 1.74% | 1.13x | 3.00x | €-816.26 Million |
Industry Comparison
This section compares Wilmar International Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,781,142,111,226
- Average return on equity (ROE) among peers: 1.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wilmar International Limited (RTHA) | €23.31 Billion | -9.66% | 1.60x | $13.42 Billion |
| COFCO Joycome Foods Limited (0M7) | $6.16 Billion | 25.55% | 1.62x | $766.03 Million |
| WH Group Ltd (0WH) | $10.41 Billion | 13.16% | 0.91x | $12.32 Billion |
| A2 Milk Company Ltd (14L) | $555.71 Million | 35.21% | 0.30x | $3.85 Billion |
| HOCHDORF HLDG AG (1Z3) | $183.27 Million | 1.39% | 0.60x | $37.15 Million |
| PT Salim Ivomas Pratama Tbk (2IR) | $17.23 Trillion | 1.53% | 0.84x | $11.20 Million |
| WIDE OPEN AGRICUL (2WO) | $14.08 Million | -104.13% | 0.46x | $4.97 Million |
| DaChan Food (Asia) Limited (3DS) | $2.27 Billion | 8.93% | 0.91x | $69.71 Million |
| Global Sweeteners Holdings Limited (3GS) | $-218.25 Million | 0.00% | 0.00x | $11.29 Million |
| JATCORP LTD. (3J2) | $10.83 Million | 20.49% | 1.34x | $8.34 Million |
| Meiji Holdings Co. Ltd (3M0) | $560.63 Billion | 11.04% | 0.79x | $5.82 Billion |
About Wilmar International Limited
Wilmar International Limited, together with its subsidiaries, operates as an agribusiness company in the People's Republic of China, South East Asia, India, Europe, Australia, New Zealand, Africa, and internationally. It operates in four segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others. The Food Products segment engages in the processing, branding, a… Read more