Choppies Enterprises Ltd
Choppies Enterprises Limited operates a chain of supermarkets in Botswana, Zambia, and Namibia. The company operates through Botswana; Namibia; Zambia; Liquorama; and Rest of Choppies segments. It offers fast-moving consumer goods; engages in retail and wholesale of liquor; and milling and manufacturing of tissue and bottled water, as well as hardware retail business. The company's stores offer f… Read more
Choppies Enterprises Ltd (CHP) - Net Assets
Latest net assets as of June 2025: ZAC224.00 Million ZAC
Based on the latest financial reports, Choppies Enterprises Ltd (CHP) has net assets worth ZAC224.00 Million ZAC as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC2.94 Billion) and total liabilities (ZAC2.71 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 | ZAC224.00 Million |
| % of Total Assets | 7.63% |
| Annual Growth Rate | -3.42% |
| 5-Year Change | N/A |
| 10-Year Change | -84.8% |
| Growth Volatility | 85.47 |
Choppies Enterprises Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Choppies Enterprises Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Choppies Enterprises Ltd (2011–2025)
The table below shows the annual net assets of Choppies Enterprises Ltd from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC224.00 Million | +64.71% |
| 2024-06-30 | ZAC136.00 Million | +223.81% |
| 2023-06-30 | ZAC42.00 Million | +112.32% |
| 2022-06-30 | ZAC-341.00 Million | +23.96% |
| 2021-06-30 | ZAC-448.43 Million | +3.99% |
| 2020-06-30 | ZAC-467.05 Million | -482.75% |
| 2019-06-30 | ZAC-80.15 Million | -113.91% |
| 2018-06-30 | ZAC576.26 Million | -61.96% |
| 2017-06-30 | ZAC1.51 Billion | +2.80% |
| 2016-06-30 | ZAC1.47 Billion | +1.52% |
| 2015-06-30 | ZAC1.45 Billion | +66.97% |
| 2014-06-30 | ZAC869.32 Million | +17.70% |
| 2013-06-30 | ZAC738.60 Million | +16.87% |
| 2012-06-30 | ZAC631.97 Million | +73.44% |
| 2011-06-30 | ZAC364.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Choppies Enterprises Ltd'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 679.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ZAC1.21 Billion | 343.87% |
| Other Comprehensive Income | ZAC-359.00 Million | -102.28% |
| Total Equity | ZAC351.00 Million | 100.00% |
Choppies Enterprises Ltd Competitors by Market Cap
The table below lists competitors of Choppies Enterprises Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STORE ELECTRONIC
BE:S4M
|
$1.99 Million |
|
Bubalus Resources Ltd
AU:BUS
|
$1.99 Million |
|
Prevision Sanitaria Nacional Gestion SOCIMI S.A.
MC:YPSN
|
$1.99 Million |
|
AFP Capital SA
SN:AFPCAPITAL
|
$1.99 Million |
|
Magontec Ltd
AU:MGL
|
$1.99 Million |
|
Malaysian Genomics Resource
KLSE:0155
|
$1.99 Million |
|
Financiere Marjos SA
PA:FINM
|
$1.99 Million |
|
Thai Poly Acrylic Public Company Limited
BK:TPA
|
$1.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Choppies Enterprises Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 261,000,000 to 351,000,000, a change of 90,000,000 (34.5%).
- Net income of 97,000,000 contributed positively to equity growth.
- Dividend payments of 55,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 43,000,000.
- Other factors increased equity by 5,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC97.00 Million | +27.64% |
| Dividends Paid | ZAC55.00 Million | -15.67% |
| Other Comprehensive Income | ZAC43.00 Million | +12.25% |
| Other Changes | ZAC5.00 Million | +1.42% |
| Total Change | ZAC- | 34.48% |
Book Value vs Market Value Analysis
This analysis compares Choppies Enterprises Ltd'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: 1045.05x
- 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 434.71x to 1045.05x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | ZAC0.46 | ZAC198.00 | x |
| 2012-06-30 | ZAC0.57 | ZAC198.00 | x |
| 2013-06-30 | ZAC0.63 | ZAC198.00 | x |
| 2014-06-30 | ZAC0.73 | ZAC198.00 | x |
| 2015-06-30 | ZAC1.22 | ZAC198.00 | x |
| 2016-06-30 | ZAC1.14 | ZAC198.00 | x |
| 2017-06-30 | ZAC1.18 | ZAC198.00 | x |
| 2018-06-30 | ZAC0.46 | ZAC198.00 | x |
| 2019-06-30 | ZAC-0.02 | ZAC198.00 | x |
| 2020-06-30 | ZAC-0.28 | ZAC198.00 | x |
| 2021-06-30 | ZAC-0.27 | ZAC198.00 | x |
| 2022-06-30 | ZAC-0.18 | ZAC198.00 | x |
| 2023-06-30 | ZAC0.10 | ZAC198.00 | x |
| 2024-06-30 | ZAC0.14 | ZAC198.00 | x |
| 2025-06-30 | ZAC0.19 | ZAC198.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Choppies Enterprises Ltd 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): 27.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.07%
- • Asset Turnover: 3.10x
- • Equity Multiplier: 8.36x
- Recent ROE (27.64%) is above the historical average (15.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 33.42% | 5.00% | 2.96x | 2.26x | ZAC85.33 Million |
| 2012 | 20.48% | 3.92% | 3.04x | 1.72x | ZAC66.23 Million |
| 2013 | 20.76% | 3.81% | 3.08x | 1.77x | ZAC79.44 Million |
| 2014 | 19.47% | 3.35% | 2.87x | 2.03x | ZAC81.66 Million |
| 2015 | 13.99% | 3.41% | 2.46x | 1.67x | ZAC57.88 Million |
| 2016 | 7.43% | 1.49% | 2.58x | 1.94x | ZAC-37.97 Million |
| 2017 | 5.49% | 0.95% | 2.59x | 2.24x | ZAC-68.89 Million |
| 2018 | -69.41% | -3.87% | 3.58x | 5.00x | ZAC-478.31 Million |
| 2019 | 0.00% | -4.09% | 4.40x | 0.00x | ZAC-391.36 Million |
| 2020 | 0.00% | -6.09% | 2.94x | 0.00x | ZAC-293.61 Million |
| 2021 | 0.00% | 1.29% | 3.13x | 0.00x | ZAC104.50 Million |
| 2022 | 0.00% | 2.32% | 3.20x | 0.00x | ZAC163.90 Million |
| 2023 | 104.26% | 2.29% | 2.95x | 15.44x | ZAC132.90 Million |
| 2024 | 52.87% | 1.63% | 3.00x | 10.83x | ZAC111.90 Million |
| 2025 | 27.64% | 1.07% | 3.10x | 8.36x | ZAC61.90 Million |
Industry Comparison
This section compares Choppies Enterprises Ltd's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $5,128,531,000
- Average return on equity (ROE) among peers: 23.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Choppies Enterprises Ltd (CHP) | ZAC224.00 Million | 33.42% | 12.10x | $1.99 Million |
| Premier Group Ltd (PMR) | $5.13 Billion | 23.53% | 1.24x | $1.18 Billion |