Silkbank Ltd
Silkbank Ltd operates in Consumer Finance.
Silkbank Ltd (SILK) - Net Assets
Latest net assets as of September 2020: PKRs8.92 Billion PKR
Based on the latest financial reports, Silkbank Ltd (SILK) has net assets worth PKRs8.92 Billion PKR as of September 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs284.80 Billion) and total liabilities (PKRs275.88 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 | PKRs8.92 Billion |
| % of Total Assets | 3.13% |
| Annual Growth Rate | -20.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.75 |
Silkbank Ltd - Net Assets Trend (2016–2020)
This chart illustrates how Silkbank 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 Silkbank Ltd (2016–2020)
The table below shows the annual net assets of Silkbank Ltd from 2016 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | PKRs4.87 Billion | -54.79% |
| 2019-12-31 | PKRs10.77 Billion | -25.13% |
| 2018-12-31 | PKRs14.39 Billion | +9.14% |
| 2017-12-31 | PKRs13.18 Billion | +9.35% |
| 2016-12-31 | PKRs12.05 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Silkbank 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 851903400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | PKRs25.15 Billion | 516.38% |
| Total Equity | PKRs4.87 Billion | 100.00% |
Silkbank Ltd Competitors by Market Cap
The table below lists competitors of Silkbank Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First National Equities Ltd
KAR:FNEL
|
$40.76 |
|
ZhongMin Mei-Hao Holding Co Ltd.
PINK:ZMMH
|
$40.85 |
|
Allhome Corp
PSE:HOME
|
$40.85 |
|
Church & Crawford Inc
PINK:CCWF
|
$41.14 |
|
Universal Power Industry Corp
PINK:UPIN
|
$40.71 |
|
Mountain Energy Inc
PINK:MTEI
|
$40.63 |
|
Simulated Environmen
PINK:SMEV
|
$40.60 |
|
CAVERTON OFFSHORE SUPPORT GRP PLC
XNSA:CAVERTON
|
$40.56 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silkbank Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 10,771,887,000 to 4,869,581,000, a change of -5,902,306,000 (-54.8%).
- Net loss of 6,571,852,000 reduced equity.
- Other factors increased equity by 669,546,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs-6.57 Billion | -134.96% |
| Other Changes | PKRs669.55 Million | +13.75% |
| Total Change | PKRs- | -54.79% |
Book Value vs Market Value Analysis
This analysis compares Silkbank 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: 2.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.79x to 2.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | PKRs1.45 | PKRs1.15 | x |
| 2018-12-31 | PKRs1.58 | PKRs1.15 | x |
| 2019-12-31 | PKRs1.19 | PKRs1.15 | x |
| 2020-12-31 | PKRs0.54 | PKRs1.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silkbank 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): -134.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -85.72%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 54.97x
- Recent ROE (-134.96%) is below the historical average (-29.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.13% | 11.69% | 0.05x | 11.20x | PKRs-466.91 Million |
| 2017 | 8.61% | 13.58% | 0.05x | 12.66x | PKRs-182.85 Million |
| 2018 | 9.24% | 13.47% | 0.06x | 12.07x | PKRs-108.74 Million |
| 2019 | -36.70% | -84.33% | 0.02x | 19.09x | PKRs-5.03 Billion |
| 2020 | -134.96% | -85.72% | 0.03x | 54.97x | PKRs-7.06 Billion |
Industry Comparison
This section compares Silkbank Ltd's net assets metrics with peer companies in the Banking Services industry.
Industry Context
- Industry: Banking Services
- Average net assets among peers: $95,514,777,400
- Average return on equity (ROE) among peers: 14.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silkbank Ltd (SILK) | PKRs8.92 Billion | 6.13% | 30.93x | $40.72 |
| Allied Bank Ltd (ABL) | $117.21 Billion | 12.36% | 11.66x | $5.50K |
| Askari Bank Ltd (AKBL) | $97.70 Billion | 22.00% | 20.76x | $2.66K |
| Bank Alfalah Ltd (BAFL) | $89.28 Billion | 14.61% | 10.95x | $3.50K |
| Bank Al-Habib Ltd (BAHL) | $80.44 Billion | 22.31% | 17.93x | $5.16K |
| Bank Islami Pakistan Ltd (BIPL) | $15.28 Billion | 2.19% | 13.19x | $836.74 |
| Bank of Khyber (BOK) | $15.40 Billion | 11.63% | 14.92x | $1.18K |
| Faysal Bank Ltd (FABL) | $35.01 Billion | 12.29% | 11.70x | $2.92K |
| Habib Bank Ltd (HBL) | $283.69 Billion | 12.35% | 14.22x | $9.01K |
| MCB Bank Ltd (MCB) | $177.57 Billion | 17.56% | 10.95x | $12.47K |
| Meezan Bank Ltd (MEBL) | $43.58 Billion | 20.56% | 20.61x | $14.12K |