Honda Atlas Cars (Pakistan) Ltd
Honda Atlas Cars (Pakistan) Ltd operates in Automotive Parts & Equipment.
Honda Atlas Cars (Pakistan) Ltd (HCAR) - Net Assets
Latest net assets as of June 2024: PKRs20.93 Billion PKR
Based on the latest financial reports, Honda Atlas Cars (Pakistan) Ltd (HCAR) has net assets worth PKRs20.93 Billion PKR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs42.63 Billion) and total liabilities (PKRs21.70 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 | PKRs20.93 Billion |
| % of Total Assets | 49.1% |
| Annual Growth Rate | 7.48% |
| 5-Year Change | 30.79% |
| 10-Year Change | N/A |
| Growth Volatility | 11.29 |
Honda Atlas Cars (Pakistan) Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Honda Atlas Cars (Pakistan) 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 Honda Atlas Cars (Pakistan) Ltd (2017–2024)
The table below shows the annual net assets of Honda Atlas Cars (Pakistan) Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | PKRs21.66 Billion | +12.41% |
| 2023-03-31 | PKRs19.26 Billion | -3.49% |
| 2022-03-31 | PKRs19.96 Billion | +9.70% |
| 2021-03-31 | PKRs18.20 Billion | +9.90% |
| 2020-03-31 | PKRs16.56 Billion | -6.07% |
| 2019-03-31 | PKRs17.63 Billion | +3.24% |
| 2018-03-31 | PKRs17.07 Billion | +30.68% |
| 2017-03-31 | PKRs13.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Honda Atlas Cars (Pakistan) 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 54.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs2.77 Billion | 12.80% |
| Other Components | PKRs18.88 Billion | 87.20% |
| Total Equity | PKRs21.66 Billion | 100.00% |
Honda Atlas Cars (Pakistan) Ltd Competitors by Market Cap
The table below lists competitors of Honda Atlas Cars (Pakistan) Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dataproces Group A/S
CO:DATA
|
$5.28K |
|
NETLIST (XAB.SG)
STU:XAB
|
$5.28K |
|
Mojo Data Solutions Inc
PINK:MJDS
|
$5.28K |
|
Nimir Industrial Chemical Ltd
KAR:NICL
|
$5.28K |
|
DASA3F
SA:DASA3F
|
$5.27K |
|
Palace Capital PLC
LSE:PCA
|
$5.27K |
|
AgriBank Securities JSC
VN:AGR
|
$5.26K |
|
TRADEDOUBLER
BE:T1D
|
$5.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Honda Atlas Cars (Pakistan) Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,264,325,000 to 21,655,018,000, a change of 2,390,693,000 (12.4%).
- Net income of 2,333,895,000 contributed positively to equity growth.
- Dividend payments of 510,042,000 reduced retained earnings.
- Other factors increased equity by 566,840,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs2.33 Billion | +10.78% |
| Dividends Paid | PKRs510.04 Million | -2.36% |
| Other Changes | PKRs566.84 Million | +2.62% |
| Total Change | PKRs- | 12.41% |
Book Value vs Market Value Analysis
This analysis compares Honda Atlas Cars (Pakistan) 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: 1.08x
- 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 1.78x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | PKRs91.49 | PKRs163.15 | x |
| 2018-03-31 | PKRs119.56 | PKRs163.15 | x |
| 2019-03-31 | PKRs123.44 | PKRs163.15 | x |
| 2020-03-31 | PKRs115.95 | PKRs163.15 | x |
| 2021-03-31 | PKRs127.42 | PKRs163.15 | x |
| 2022-03-31 | PKRs139.78 | PKRs163.15 | x |
| 2023-03-31 | PKRs134.90 | PKRs163.15 | x |
| 2024-03-31 | PKRs151.65 | PKRs163.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Honda Atlas Cars (Pakistan) 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): 10.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.24%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.30x
- Recent ROE (10.78%) is below the historical average (18.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 46.96% | 9.77% | 1.22x | 3.94x | PKRs4.83 Billion |
| 2018 | 38.04% | 7.10% | 1.56x | 3.44x | PKRs4.79 Billion |
| 2019 | 21.85% | 4.05% | 2.96x | 1.82x | PKRs2.09 Billion |
| 2020 | 4.12% | 1.24% | 1.73x | 1.92x | PKRs-973.97 Million |
| 2021 | 9.85% | 2.66% | 1.49x | 2.48x | PKRs-26.41 Million |
| 2022 | 12.57% | 2.32% | 1.54x | 3.52x | PKRs513.83 Million |
| 2023 | 1.35% | 0.27% | 1.52x | 3.25x | PKRs-1.67 Billion |
| 2024 | 10.78% | 4.24% | 1.11x | 2.30x | PKRs168.39 Million |
Industry Comparison
This section compares Honda Atlas Cars (Pakistan) Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $18,784,735,800
- Average return on equity (ROE) among peers: 14.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Honda Atlas Cars (Pakistan) Ltd (HCAR) | PKRs20.93 Billion | 46.96% | 1.04x | $5.27K |
| Agriauto Industries Ltd (AGIL) | $5.11 Billion | -2.12% | 0.21x | $4.62K |
| Atlas Honda Ltd (ATLH) | $22.78 Billion | 21.97% | 2.07x | $48.14K |
| Ghandhara Industries Ltd (GHNI) | $8.22 Billion | 2.18% | 1.01x | $21.69K |
| Ghandhara Tyre and Rubber Company Ltd (GTYR) | $3.80 Billion | 23.22% | 1.27x | $816.87 |
| Indus Motor Company Ltd (INDU) | $54.01 Billion | 29.26% | 2.96x | $61.58K |