Kohinoor Textile Mills Ltd
Kohinoor Textile Mills Ltd operates in Apparel, Accessories & Luxury Goods.
Kohinoor Textile Mills Ltd (KTML) - Net Assets
Latest net assets as of March 2024: PKRs75.44 Billion PKR
Based on the latest financial reports, Kohinoor Textile Mills Ltd (KTML) has net assets worth PKRs75.44 Billion PKR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs148.31 Billion) and total liabilities (PKRs72.87 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 | PKRs75.44 Billion |
| % of Total Assets | 50.87% |
| Annual Growth Rate | 12.98% |
| 5-Year Change | 52.24% |
| 10-Year Change | N/A |
| Growth Volatility | 8.1 |
Kohinoor Textile Mills Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Kohinoor Textile Mills 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 Kohinoor Textile Mills Ltd (2016–2023)
The table below shows the annual net assets of Kohinoor Textile Mills Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-06-30 | PKRs65.78 Billion | +15.64% |
| 2022-06-30 | PKRs56.88 Billion | +8.05% |
| 2021-06-30 | PKRs52.64 Billion | +23.58% |
| 2020-06-30 | PKRs42.60 Billion | -1.41% |
| 2019-06-30 | PKRs43.21 Billion | +8.52% |
| 2018-06-30 | PKRs39.82 Billion | +21.47% |
| 2017-06-30 | PKRs32.78 Billion | +17.09% |
| 2016-06-30 | PKRs27.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kohinoor Textile Mills 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 grown by 215.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs35.67 Billion | 79.31% |
| Other Components | PKRs9.30 Billion | 20.69% |
| Total Equity | PKRs44.98 Billion | 100.00% |
Kohinoor Textile Mills Ltd Competitors by Market Cap
The table below lists competitors of Kohinoor Textile Mills Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Laxapana Batteries PLC
CM:LITEN0000
|
$1.58K |
|
PTUUD
OTCQB:PTUUD
|
$1.58K |
|
TRG Pakistan Ltd
KAR:TRG
|
$1.58K |
|
FALCON OIL & GAS (FAC.SG)
STU:FAC
|
$1.58K |
|
KDAGF
OTCGREY:KDAGF
|
$1.57K |
|
Blue Hat Interactive Entertainment
NASDAQ:BHAT
|
$1.57K |
|
Faran Sugar Mills Ltd
KAR:FRSM
|
$1.57K |
|
Brunner Investment Trust
LSE:BUT
|
$1.57K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kohinoor Textile Mills Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 38,766,000,000 to 44,975,492,000, a change of 6,209,492,000 (16.0%).
- Net income of 6,442,898,000 contributed positively to equity growth.
- Dividend payments of 561,000 reduced retained earnings.
- Share repurchases of 312,158,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs6.44 Billion | +14.33% |
| Dividends Paid | PKRs561.00K | -0.0% |
| Share Repurchases | PKRs312.16 Million | -0.69% |
| Other Changes | PKRs79.31 Million | +0.18% |
| Total Change | PKRs- | 16.02% |
Book Value vs Market Value Analysis
This analysis compares Kohinoor Textile Mills 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: 0.30x
- 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 0.55x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | PKRs80.87 | PKRs44.60 | x |
| 2018-06-30 | PKRs90.03 | PKRs44.60 | x |
| 2019-06-30 | PKRs98.25 | PKRs44.60 | x |
| 2020-06-30 | PKRs93.02 | PKRs44.60 | x |
| 2021-06-30 | PKRs118.92 | PKRs44.60 | x |
| 2022-06-30 | PKRs129.52 | PKRs44.60 | x |
| 2023-06-30 | PKRs150.27 | PKRs44.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kohinoor Textile Mills 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): 14.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.19%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.90x
- Recent ROE (14.33%) is above the historical average (13.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.70% | 10.93% | 0.90x | 2.19x | PKRs2.33 Billion |
| 2017 | 20.02% | 11.33% | 0.77x | 2.31x | PKRs2.34 Billion |
| 2018 | 13.08% | 8.11% | 0.57x | 2.83x | PKRs830.27 Million |
| 2019 | 10.64% | 6.64% | 0.56x | 2.87x | PKRs186.96 Million |
| 2020 | -3.56% | -1.95% | 0.59x | 3.12x | PKRs-3.78 Billion |
| 2021 | 23.77% | 12.93% | 0.69x | 2.68x | PKRs4.90 Billion |
| 2022 | 9.98% | 4.40% | 0.79x | 2.89x | PKRs-6.01 Million |
| 2023 | 14.33% | 6.19% | 0.80x | 2.90x | PKRs1.95 Billion |
Industry Comparison
This section compares Kohinoor Textile Mills Ltd's net assets metrics with peer companies in the Textiles & Apparel industry.
Industry Context
- Industry: Textiles & Apparel
- Average net assets among peers: $36,932,269,683
- Average return on equity (ROE) among peers: 16.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kohinoor Textile Mills Ltd (KTML) | PKRs75.44 Billion | 21.70% | 0.97x | $1.57K |
| Bata Pakistan Ltd (BATA) | $7.44 Billion | 14.63% | 1.13x | $32.66K |
| Feroze1888 Mills Ltd (FML) | $36.69 Billion | 24.45% | 1.10x | $1.32K |
| Gul Ahmed Textile Mills Ltd (GATM) | $15.88 Billion | 22.86% | 2.49x | $660.64 |
| Ibrahim Fibres Ltd (IBFL) | $37.25 Billion | 22.77% | 0.40x | $6.51K |
| Nishat Mills Ltd (NML) | $102.62 Billion | 7.61% | 0.46x | $4.67K |
| Sapphire Textile Mills Ltd (SAPT) | $21.71 Billion | 4.08% | 2.84x | $41.96K |