Grupo Aeroportuario del Sureste S. A. B. de C. V (ASURB) - Net Assets
Based on the latest financial reports, Grupo Aeroportuario del Sureste S. A. B. de C. V (ASURB) has net assets worth MX$61.61 Billion MXN (≈ $3.55 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$83.64 Billion ≈ $4.81 Billion USD) and total liabilities (MX$22.02 Billion ≈ $1.27 Billion USD). 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. Check ASURB cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$61.61 Billion |
| % of Total Assets | 73.67% |
| Annual Growth Rate | 7.88% |
| 5-Year Change | 47.78% |
| 10-Year Change | 201.9% |
| Growth Volatility | 9.68 |
Grupo Aeroportuario del Sureste S. A. B. de C. V - Net Assets Trend (2000–2024)
This chart illustrates how Grupo Aeroportuario del Sureste S. A. B. de C. V's net assets have evolved over time, based on quarterly financial data. Also explore Grupo Aeroportuario del Sureste S. A. B. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Grupo Aeroportuario del Sureste S. A. B. de C. V (2000–2024)
The table below shows the annual net assets of Grupo Aeroportuario del Sureste S. A. B. de C. V from 2000 to 2024. For live valuation and market cap data, see ASURB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | MX$61.61 Billion ≈ $3.55 Billion |
+19.42% |
| 2023-12-31 | MX$51.59 Billion ≈ $2.97 Billion |
+5.25% |
| 2022-12-31 | MX$49.02 Billion ≈ $2.82 Billion |
+7.09% |
| 2021-12-31 | MX$45.77 Billion ≈ $2.63 Billion |
+9.78% |
| 2020-12-31 | MX$41.69 Billion ≈ $2.40 Billion |
+7.54% |
| 2019-12-31 | MX$38.77 Billion ≈ $2.23 Billion |
+5.70% |
| 2018-12-31 | MX$36.68 Billion ≈ $2.11 Billion |
+8.88% |
| 2017-12-31 | MX$33.69 Billion ≈ $1.94 Billion |
+48.05% |
| 2016-12-31 | MX$22.75 Billion ≈ $1.31 Billion |
+11.49% |
| 2015-12-31 | MX$20.41 Billion ≈ $1.17 Billion |
+8.84% |
| 2014-12-31 | MX$18.75 Billion ≈ $1.08 Billion |
+15.15% |
| 2013-12-31 | MX$16.28 Billion ≈ $937.16 Million |
-1.13% |
| 2012-12-31 | MX$16.47 Billion ≈ $947.91 Million |
+6.35% |
| 2011-12-31 | MX$15.49 Billion ≈ $891.33 Million |
+4.68% |
| 2010-12-31 | MX$14.80 Billion ≈ $851.48 Million |
+6.77% |
| 2009-12-31 | MX$13.86 Billion ≈ $797.51 Million |
-7.34% |
| 2008-12-31 | MX$14.95 Billion ≈ $860.66 Million |
+3.10% |
| 2007-12-31 | MX$14.51 Billion ≈ $834.80 Million |
+5.23% |
| 2006-12-31 | MX$13.79 Billion ≈ $793.34 Million |
+5.83% |
| 2005-12-31 | MX$13.03 Billion ≈ $749.63 Million |
+5.67% |
| 2004-12-31 | MX$12.33 Billion ≈ $709.38 Million |
+8.63% |
| 2003-12-31 | MX$11.35 Billion ≈ $653.05 Million |
+5.35% |
| 2002-12-31 | MX$10.77 Billion ≈ $619.89 Million |
+0.94% |
| 2001-12-31 | MX$10.67 Billion ≈ $614.11 Million |
+6.94% |
| 2000-12-31 | MX$9.98 Billion ≈ $574.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grupo Aeroportuario del Sureste S. A. B. de C. V'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 4308.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$20.32 Billion | 37.48% |
| Other Components | MX$33.89 Billion | 62.52% |
| Total Equity | MX$54.21 Billion | 100.00% |
Grupo Aeroportuario del Sureste S. A. B. de C. V Competitors by Market Cap
The table below lists competitors of Grupo Aeroportuario del Sureste S. A. B. de C. V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunway Bhd
KLSE:5211
|
$8.47 Billion |
|
UNICHARM CORP. SP.ADR 1
F:UN41
|
$8.48 Billion |
|
Orion Oyj B
HE:ORNBV
|
$8.48 Billion |
|
DISCOVERY LTD(UNSP.ADR)/3
F:D3H0
|
$8.48 Billion |
|
Dabur India Limited
NSE:DABUR
|
$8.47 Billion |
|
ASX Ltd
AU:ASX
|
$8.46 Billion |
|
Lineage, Inc. Common Stock
NASDAQ:LINE
|
$8.46 Billion |
|
China Minmetals Rare Earth Co Ltd
SHE:000831
|
$8.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Aeroportuario del Sureste S. A. B. de C. V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,945,348,000 to 54,212,922,000, a change of 9,267,574,000 (20.6%).
- Net income of 13,551,429,000 contributed positively to equity growth.
- Dividend payments of 6,277,800,000 reduced retained earnings.
- Other factors increased equity by 1,993,945,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$13.55 Billion | +25.0% |
| Dividends Paid | MX$6.28 Billion | -11.58% |
| Other Changes | MX$1.99 Billion | +3.68% |
| Total Change | MX$- | 20.62% |
Book Value vs Market Value Analysis
This analysis compares Grupo Aeroportuario del Sureste S. A. B. de C. V'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: 2.94x
- 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 6.12x to 2.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$86.80 | MX$531.18 | x |
| 2018-12-31 | MX$97.02 | MX$531.18 | x |
| 2019-12-31 | MX$103.86 | MX$531.18 | x |
| 2020-12-31 | MX$112.22 | MX$531.18 | x |
| 2021-12-31 | MX$123.92 | MX$531.18 | x |
| 2022-12-31 | MX$138.74 | MX$531.18 | x |
| 2023-12-31 | MX$149.82 | MX$531.18 | x |
| 2024-12-31 | MX$180.71 | MX$531.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Aeroportuario del Sureste S. A. B. de C. V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.25%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.54x
- Recent ROE (25.00%) is above the historical average (11.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 2.10% | 18.08% | 0.11x | 1.03x | MX$-788.29 Million |
| 2001 | 2.37% | 21.71% | 0.10x | 1.04x | MX$-814.34 Million |
| 2002 | 2.05% | 17.76% | 0.11x | 1.05x | MX$-856.84 Million |
| 2003 | 2.43% | 18.83% | 0.12x | 1.06x | MX$-858.55 Million |
| 2004 | 4.92% | 30.72% | 0.15x | 1.06x | MX$-625.64 Million |
| 2005 | 4.32% | 27.29% | 0.15x | 1.08x | MX$-739.38 Million |
| 2006 | 3.94% | 24.29% | 0.15x | 1.08x | MX$-834.74 Million |
| 2007 | 3.60% | 18.75% | 0.17x | 1.15x | MX$-928.19 Million |
| 2008 | 7.02% | 33.12% | 0.18x | 1.16x | MX$-446.03 Million |
| 2009 | 5.75% | 25.47% | 0.19x | 1.20x | MX$-588.36 Million |
| 2010 | 8.62% | 30.11% | 0.23x | 1.23x | MX$-204.40 Million |
| 2011 | 10.28% | 34.82% | 0.24x | 1.21x | MX$43.57 Million |
| 2012 | 12.60% | 40.53% | 0.27x | 1.16x | MX$428.23 Million |
| 2013 | 14.10% | 42.17% | 0.25x | 1.32x | MX$668.45 Million |
| 2014 | 12.18% | 38.84% | 0.25x | 1.28x | MX$408.61 Million |
| 2015 | 14.28% | 32.39% | 0.34x | 1.28x | MX$872.93 Million |
| 2016 | 15.95% | 37.21% | 0.33x | 1.28x | MX$1.35 Billion |
| 2017 | 22.41% | 46.34% | 0.22x | 2.17x | MX$3.23 Billion |
| 2018 | 17.14% | 32.37% | 0.27x | 1.93x | MX$2.08 Billion |
| 2019 | 17.54% | 32.49% | 0.29x | 1.85x | MX$2.35 Billion |
| 2020 | 5.86% | 15.62% | 0.21x | 1.79x | MX$-1.39 Billion |
| 2021 | 16.10% | 31.85% | 0.29x | 1.77x | MX$2.27 Billion |
| 2022 | 23.99% | 39.45% | 0.36x | 1.70x | MX$5.82 Billion |
| 2023 | 22.70% | 39.52% | 0.37x | 1.57x | MX$5.71 Billion |
| 2024 | 25.00% | 43.25% | 0.37x | 1.54x | MX$8.13 Billion |
Industry Comparison
This section compares Grupo Aeroportuario del Sureste S. A. B. de C. V's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $17,667,587,000
- Average return on equity (ROE) among peers: 25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo Aeroportuario del Sureste S. A. B. de C. V (ASURB) | MX$61.61 Billion | 2.10% | 0.36x | $8.47 Billion |
| Grupo Aeroportuario del Pacífico S.A.B. de C.V (GAPB) | $26.78 Billion | 4.48% | 0.06x | $10.87 Billion |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V (OMAB) | $8.55 Billion | 45.60% | 1.70x | $4.46 Billion |
About Grupo Aeroportuario del Sureste S. A. B. de C. V
Grupo Aeroportuario del Sureste, S. A. B. de C. V., together with its subsidiaries, holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. It operates through Cancún, Aerostar, Airplan, Mérida, Villahermosa, Holding & Services, and Other segments. The company operates the airports in Cozumel, Huatulco, Mérida, Minatitlán, Oaxaca, Tapachula, Veracruz, and V… Read more