Financiera Independencia S.A.B. de C.V. SOFOM E.N.R
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R., a non-bank entity, offers micro-lending services in Mexico and the United States. The company provides unsecured loans to individuals with low income and minimum wage, informal sector, and mothers, as well as individuals with proven income as employees, self-employed, or independent contractors. It also offers consumer credit granting; adminis… Read more
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) - Net Assets
Latest net assets as of June 2025: MX$5.19 Billion MXN
Based on the latest financial reports, Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) has net assets worth MX$5.19 Billion MXN as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$11.48 Billion) and total liabilities (MX$6.28 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 | MX$5.19 Billion |
| % of Total Assets | 45.25% |
| Annual Growth Rate | 11.71% |
| 5-Year Change | 54.48% |
| 10-Year Change | 66.57% |
| Growth Volatility | 29.67 |
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R - Net Assets Trend (2005–2024)
This chart illustrates how Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (2005–2024)
The table below shows the annual net assets of Financiera Independencia S.A.B. de C.V. SOFOM E.N.R from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | MX$6.26 Billion | +17.82% |
| 2023-12-31 | MX$5.31 Billion | +12.06% |
| 2022-12-31 | MX$4.74 Billion | +6.41% |
| 2021-12-31 | MX$4.45 Billion | +9.96% |
| 2020-12-31 | MX$4.05 Billion | -6.13% |
| 2019-12-31 | MX$4.32 Billion | +1.61% |
| 2018-12-31 | MX$4.25 Billion | +0.63% |
| 2017-12-31 | MX$4.22 Billion | +4.20% |
| 2016-12-31 | MX$4.05 Billion | +7.81% |
| 2015-12-31 | MX$3.76 Billion | +7.21% |
| 2014-12-31 | MX$3.50 Billion | +13.71% |
| 2013-12-31 | MX$3.08 Billion | +7.79% |
| 2012-12-31 | MX$2.86 Billion | -6.36% |
| 2011-12-31 | MX$3.05 Billion | +3.61% |
| 2010-12-31 | MX$2.95 Billion | +58.14% |
| 2009-12-31 | MX$1.86 Billion | +32.83% |
| 2008-12-31 | MX$1.40 Billion | -35.16% |
| 2007-12-31 | MX$2.16 Billion | +114.59% |
| 2006-12-31 | MX$1.01 Billion | +32.14% |
| 2005-12-31 | MX$762.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Financiera Independencia S.A.B. de C.V. SOFOM E.N.R'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 626.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$4.43 Billion | 70.86% |
| Other Components | MX$1.82 Billion | 29.14% |
| Total Equity | MX$6.26 Billion | 100.00% |
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R Competitors by Market Cap
The table below lists competitors of Financiera Independencia S.A.B. de C.V. SOFOM E.N.R ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hua Jung Components Co Ltd
TWO:5328
|
$90.07 Million |
|
Raízen S.A.
SA:RAIZ4
|
$90.08 Million |
|
WILDBRAIN LTD VAR VTG
F:D6XV
|
$90.15 Million |
|
Yen Sun Technology
TWO:6275
|
$90.16 Million |
|
Detection Technology OY
HE:DETEC
|
$90.06 Million |
|
Avaco Co. Ltd
KQ:083930
|
$90.05 Million |
|
Aerostar Bacau
RO:ARS
|
$90.05 Million |
|
Sinopower Semiconductor
TWO:6435
|
$90.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,311,303,000 to 6,257,793,000, a change of 946,490,000 (17.8%).
- Net income of 804,415,000 contributed positively to equity growth.
- Share repurchases of 80,848,000 reduced equity.
- Other factors increased equity by 222,923,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$804.41 Million | +12.85% |
| Share Repurchases | MX$80.85 Million | -1.29% |
| Other Changes | MX$222.92 Million | +3.56% |
| Total Change | MX$- | 17.82% |
Book Value vs Market Value Analysis
This analysis compares Financiera Independencia S.A.B. de C.V. SOFOM E.N.R'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: 0.47x
- 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 0.74x to 0.47x 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$11.79 | MX$8.76 | x |
| 2018-12-31 | MX$11.87 | MX$8.76 | x |
| 2019-12-31 | MX$12.79 | MX$8.76 | x |
| 2020-12-31 | MX$12.00 | MX$8.76 | x |
| 2021-12-31 | MX$13.20 | MX$8.76 | x |
| 2022-12-31 | MX$14.04 | MX$8.76 | x |
| 2023-12-31 | MX$15.74 | MX$8.76 | x |
| 2024-12-31 | MX$18.54 | MX$8.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Financiera Independencia S.A.B. de C.V. SOFOM E.N.R 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): 12.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.96%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.86x
- Recent ROE (12.85%) is above the historical average (11.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 23.85% | 19.44% | 0.71x | 1.73x | MX$299.67 Million |
| 2008 | 44.41% | 17.86% | 0.65x | 3.84x | MX$482.65 Million |
| 2009 | 27.65% | 13.18% | 0.66x | 3.19x | MX$328.89 Million |
| 2010 | 15.33% | 9.85% | 0.53x | 2.95x | MX$157.00 Million |
| 2011 | 6.11% | 3.47% | 0.49x | 3.62x | MX$-118.38 Million |
| 2013 | 8.25% | 4.50% | 0.55x | 3.34x | MX$-54.05 Million |
| 2014 | 9.07% | 5.43% | 0.53x | 3.17x | MX$-32.42 Million |
| 2015 | 5.56% | 5.87% | 0.30x | 3.15x | MX$-166.64 Million |
| 2016 | 5.78% | 4.82% | 0.40x | 3.00x | MX$-171.02 Million |
| 2017 | 5.34% | 4.57% | 0.40x | 2.89x | MX$-196.59 Million |
| 2018 | 6.17% | 5.27% | 0.41x | 2.88x | MX$-162.65 Million |
| 2019 | 7.51% | 6.32% | 0.41x | 2.90x | MX$-107.58 Million |
| 2020 | -10.19% | -8.55% | 0.45x | 2.62x | MX$-817.74 Million |
| 2021 | 7.79% | 8.24% | 0.40x | 2.38x | MX$-98.54 Million |
| 2022 | 13.19% | 12.83% | 0.42x | 2.47x | MX$151.06 Million |
| 2023 | 13.37% | 14.47% | 0.46x | 1.99x | MX$178.86 Million |
| 2024 | 12.85% | 15.96% | 0.43x | 1.86x | MX$178.64 Million |
Industry Comparison
This section compares Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,717,983,667
- Average return on equity (ROE) among peers: 36.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) | MX$5.19 Billion | 23.85% | 1.21x | $90.07 Million |
| Crédito Real S.A.B. de C.V. Sociedad Financiera de Objeto Múltiple Entidad No Regulada (CREAL) | $4.35 Billion | 23.06% | 2.47x | $3.79 Million |
| Unifin Financiera S. A. B. de C. V (UNIFINA) | $5.50 Billion | 22.00% | 6.56x | $2.62 Million |
| The Western Union Company (WU) | $1.30 Billion | 65.55% | 6.61x | $2.52 Billion |