Packages Ltd
Packages Ltd operates in Paper & Plastic Packaging Products & Materials.
Packages Ltd (PKGS) - Net Assets
Latest net assets as of June 2024: PKRs90.27 Billion PKR
Based on the latest financial reports, Packages Ltd (PKGS) has net assets worth PKRs90.27 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 (PKRs239.45 Billion) and total liabilities (PKRs149.17 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 | PKRs90.27 Billion |
| % of Total Assets | 37.7% |
| Annual Growth Rate | 8.42% |
| 5-Year Change | 60.91% |
| 10-Year Change | N/A |
| Growth Volatility | 22.02 |
Packages Ltd - Net Assets Trend (2016–2023)
This chart illustrates how Packages 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 Packages Ltd (2016–2023)
The table below shows the annual net assets of Packages Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs96.39 Billion | +44.49% |
| 2022-12-31 | PKRs66.71 Billion | +13.02% |
| 2021-12-31 | PKRs59.03 Billion | +2.16% |
| 2020-12-31 | PKRs57.78 Billion | -3.55% |
| 2019-12-31 | PKRs59.90 Billion | -7.93% |
| 2018-12-31 | PKRs65.06 Billion | -15.79% |
| 2017-12-31 | PKRs77.26 Billion | +41.09% |
| 2016-12-31 | PKRs54.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Packages 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 893.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs18.68 Billion | 23.81% |
| Other Components | PKRs59.78 Billion | 76.19% |
| Total Equity | PKRs78.46 Billion | 100.00% |
Packages Ltd Competitors by Market Cap
The table below lists competitors of Packages Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WESTERN COPPER
BE:31WN
|
$22.50K |
|
EALT4F
SA:EALT4F
|
$22.51K |
|
Motivating the Masses Inc
PINK:MNMT
|
$22.52K |
|
Esentia Energy Development SA
MX:ESENTIAII
|
$22.54K |
|
Blessed Textiles Ltd
KAR:BTL
|
$22.47K |
|
Gores Holdings IX Inc. Warrant
NASDAQ:GHIXW
|
$22.47K |
|
Gibui Holdings Ltd
TA:GIBUI
|
$22.47K |
|
Gold'n Futures Mineral Corp
PINK:GFTRF
|
$22.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Packages Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 61,861,482,000 to 78,459,637,000, a change of 16,598,155,000 (26.8%).
- Net income of 9,277,467,000 contributed positively to equity growth.
- Dividend payments of 2,273,118,000 reduced retained earnings.
- Other factors increased equity by 9,593,806,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs9.28 Billion | +11.82% |
| Dividends Paid | PKRs2.27 Billion | -2.9% |
| Other Changes | PKRs9.59 Billion | +12.23% |
| Total Change | PKRs- | 26.83% |
Book Value vs Market Value Analysis
This analysis compares Packages 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: 0.74x
- 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 |
|---|---|---|---|
| 2017-12-31 | PKRs840.71 | PKRs646.82 | x |
| 2018-12-31 | PKRs704.11 | PKRs646.82 | x |
| 2019-12-31 | PKRs648.17 | PKRs646.82 | x |
| 2020-12-31 | PKRs625.55 | PKRs646.82 | x |
| 2021-12-31 | PKRs637.74 | PKRs646.82 | x |
| 2022-12-31 | PKRs692.12 | PKRs646.82 | x |
| 2023-12-31 | PKRs877.83 | PKRs646.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Packages 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): 11.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.91%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.99x
- Recent ROE (11.82%) is above the historical average (8.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.73% | 16.42% | 0.42x | 1.42x | PKRs-140.92 Million |
| 2017 | 14.20% | 33.47% | 0.28x | 1.50x | PKRs3.16 Billion |
| 2018 | 1.60% | 1.90% | 0.49x | 1.71x | PKRs-5.29 Billion |
| 2019 | 0.26% | 0.25% | 0.58x | 1.81x | PKRs-5.64 Billion |
| 2020 | 8.08% | 6.95% | 0.64x | 1.82x | PKRs-1.07 Billion |
| 2021 | 12.03% | 8.54% | 0.68x | 2.06x | PKRs1.16 Billion |
| 2022 | 11.20% | 5.68% | 0.71x | 2.79x | PKRs739.44 Million |
| 2023 | 11.82% | 5.91% | 0.67x | 2.99x | PKRs1.43 Billion |
Industry Comparison
This section compares Packages Ltd's net assets metrics with peer companies in the Containers & Packaging industry.
No peer company data available for comparison.