PACIFIC TEXTILES
PACIFIC TEXTILES operates in Diversified Metals & Mining.
PACIFIC TEXTILES (WHE) - Net Assets
Latest net assets as of March 2024: €2.97 Billion EUR
Based on the latest financial reports, PACIFIC TEXTILES (WHE) has net assets worth €2.97 Billion EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.57 Billion) and total liabilities (€2.60 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 | €2.97 Billion |
| % of Total Assets | 53.3% |
| Annual Growth Rate | -0.99% |
| 5-Year Change | -1.02% |
| 10-Year Change | N/A |
| Growth Volatility | 7.15 |
PACIFIC TEXTILES - Net Assets Trend (2017–2024)
This chart illustrates how PACIFIC TEXTILES's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PACIFIC TEXTILES (2017–2024)
The table below shows the annual net assets of PACIFIC TEXTILES from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €2.97 Billion | -3.95% |
| 2023-03-31 | €3.09 Billion | -9.97% |
| 2022-03-31 | €3.43 Billion | +2.29% |
| 2021-03-31 | €3.35 Billion | +11.90% |
| 2020-03-31 | €3.00 Billion | -8.34% |
| 2019-03-31 | €3.27 Billion | -2.13% |
| 2018-03-31 | €3.34 Billion | +5.04% |
| 2017-03-31 | €3.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PACIFIC TEXTILES'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 109688300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.10 Billion | 37.13% |
| Other Components | €1.86 Billion | 62.87% |
| Total Equity | €2.95 Billion | 100.00% |
PACIFIC TEXTILES Competitors by Market Cap
The table below lists competitors of PACIFIC TEXTILES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GREATLAND GOLD
BE:G8G
|
$1.53K |
|
Egypt for Poultry
EGX:EPCO
|
$1.53K |
|
MCOT PCL
STU:OLU1
|
$1.53K |
|
SIHUAN PHARMACE (TEL1.SG)
STU:TEL1
|
$1.53K |
|
Alpha Seven Group JSC
VN:DL1
|
$1.53K |
|
Arab Cotton Ginning
EGX:ACGC
|
$1.53K |
|
Enerteck Corporation
PINK:ETCK
|
$1.53K |
|
Grange Resources Limited
BE:GRR
|
$1.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PACIFIC TEXTILES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,074,864,000 to 2,954,272,000, a change of -120,592,000 (-3.9%).
- Net income of 167,118,000 contributed positively to equity growth.
- Dividend payments of 154,036,000 reduced retained earnings.
- Share repurchases of 16,669,000 reduced equity.
- Other factors decreased equity by 117,005,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €167.12 Million | +5.66% |
| Dividends Paid | €154.04 Million | -5.21% |
| Share Repurchases | €16.67 Million | -0.56% |
| Other Changes | €-117.00 Million | -3.96% |
| Total Change | €- | -3.92% |
Book Value vs Market Value Analysis
This analysis compares PACIFIC TEXTILES'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: 0.07x
- 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 |
|---|---|---|---|
| 2017-03-31 | €2.20 | €0.15 | x |
| 2018-03-31 | €2.32 | €0.15 | x |
| 2019-03-31 | €2.27 | €0.15 | x |
| 2020-03-31 | €2.11 | €0.15 | x |
| 2021-03-31 | €2.37 | €0.15 | x |
| 2022-03-31 | €2.42 | €0.15 | x |
| 2023-03-31 | €2.18 | €0.15 | x |
| 2024-03-31 | €2.11 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PACIFIC TEXTILES 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): 5.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.58%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.88x
- Recent ROE (5.66%) is below the historical average (19.60%), 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 | 30.71% | 16.28% | 1.20x | 1.58x | €657.86 Million |
| 2018 | 22.16% | 12.20% | 1.26x | 1.45x | €408.28 Million |
| 2019 | 26.28% | 14.08% | 1.35x | 1.38x | €533.82 Million |
| 2020 | 24.90% | 13.58% | 1.14x | 1.61x | €444.90 Million |
| 2021 | 21.61% | 13.40% | 1.03x | 1.56x | €387.70 Million |
| 2022 | 16.75% | 9.44% | 1.02x | 1.74x | €230.76 Million |
| 2023 | 8.73% | 5.35% | 0.91x | 1.80x | €-38.91 Million |
| 2024 | 5.66% | 3.58% | 0.84x | 1.88x | €-128.31 Million |
Industry Comparison
This section compares PACIFIC TEXTILES's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PACIFIC TEXTILES (WHE) | €2.97 Billion | 30.71% | 0.88x | $1.53K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |