Grupo Gicsa S.A. de C.V (GICSAB) - Net Assets

Latest as of June 2025: MX$35.79 Billion MXN ≈ $2.06 Billion USD

Based on the latest financial reports, Grupo Gicsa S.A. de C.V (GICSAB) has net assets worth MX$35.79 Billion MXN (≈ $2.06 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$78.10 Billion ≈ $4.49 Billion USD) and total liabilities (MX$42.31 Billion ≈ $2.43 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 Grupo Gicsa S.A. de C.V liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$35.79 Billion
% of Total Assets	45.83%
Annual Growth Rate	13.48%
5-Year Change	9.68%
10-Year Change	34.28%
Growth Volatility	50.2

Grupo Gicsa S.A. de C.V - Net Assets Trend (2004–2024)

This chart illustrates how Grupo Gicsa S.A. de C.V's net assets have evolved over time, based on quarterly financial data. Also explore how large is Grupo Gicsa S.A. de C.V's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Grupo Gicsa S.A. de C.V (2004–2024)

The table below shows the annual net assets of Grupo Gicsa S.A. de C.V from 2004 to 2024. For live valuation and market cap data, see GICSAB company net worth.

Year	Net Assets	Change
2024-12-31	MX$34.12 Billion ≈ $1.96 Billion	+3.45%
2023-12-31	MX$32.98 Billion ≈ $1.90 Billion	+7.10%
2022-12-31	MX$30.79 Billion ≈ $1.77 Billion	-0.78%
2021-12-31	MX$31.03 Billion ≈ $1.79 Billion	-0.23%
2020-12-31	MX$31.11 Billion ≈ $1.79 Billion	-0.05%
2019-12-31	MX$31.12 Billion ≈ $1.79 Billion	+15.97%
2018-12-31	MX$26.84 Billion ≈ $1.54 Billion	-0.20%
2017-12-31	MX$26.89 Billion ≈ $1.55 Billion	+1.92%
2016-12-31	MX$26.38 Billion ≈ $1.52 Billion	+3.84%
2015-12-31	MX$25.41 Billion ≈ $1.46 Billion	+34.26%
2014-12-31	MX$18.92 Billion ≈ $1.09 Billion	+8.97%
2013-12-31	MX$17.37 Billion ≈ $999.38 Million	+12.46%
2012-12-31	MX$15.44 Billion ≈ $888.66 Million	+222.04%
2011-12-31	MX$4.79 Billion ≈ $275.94 Million	+50.50%
2010-12-31	MX$3.19 Billion ≈ $183.35 Million	+23.80%
2009-12-31	MX$2.57 Billion ≈ $148.11 Million	+54.39%
2008-12-31	MX$1.67 Billion ≈ $95.93 Million	-18.37%
2007-12-31	MX$2.04 Billion ≈ $117.52 Million	-14.81%
2006-12-31	MX$2.40 Billion ≈ $137.95 Million	+10.22%
2005-12-31	MX$2.17 Billion ≈ $125.16 Million	-19.98%
2004-12-31	MX$2.72 Billion ≈ $156.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Grupo Gicsa S.A. 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 2927.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	MX$18.27 Billion	64.10%
Other Components	MX$10.23 Billion	35.90%
Total Equity	MX$28.50 Billion	100.00%

Grupo Gicsa S.A. de C.V Competitors by Market Cap

The table below lists competitors of Grupo Gicsa S.A. de C.V ranked by their market capitalization.

Company	Market Cap
Maritima De In SN:MARINSA	$310.82 Million
Canada Nickel Company Inc V:CNC	$310.82 Million
Know Labs Inc. NYSE MKT:KNW	$310.88 Million
K&F Growth Acquisition Corp. II Class A Ordinary shares NASDAQ:KFII	$310.97 Million
GP-Act III Acquisition Corp. Class A Ordinary Share NASDAQ:GPAT	$310.79 Million
Centurion Acquisition Corp. NASDAQ:ALF	$310.79 Million
Sky Harbour Group Corp NYSE MKT:SKYH	$310.67 Million
Viva Wine Group AB ST:VIVA	$310.60 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grupo Gicsa S.A. de C.V's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 27,748,451,000 to 28,504,808,000, a change of 756,357,000 (2.7%).
Net income of 795,425,000 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$795.42 Million	+2.79%
Other Changes	MX$-39.07 Million	-0.14%
Total Change	MX$-	2.73%

Book Value vs Market Value Analysis

This analysis compares Grupo Gicsa S.A. 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: 0.19x
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	MX$12.65	MX$3.60	x
2018-12-31	MX$15.15	MX$3.60	x
2019-12-31	MX$16.73	MX$3.60	x
2020-12-31	MX$17.32	MX$3.60	x
2021-12-31	MX$17.28	MX$3.60	x
2022-12-31	MX$17.40	MX$3.60	x
2023-12-31	MX$18.50	MX$3.60	x
2024-12-31	MX$19.00	MX$3.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grupo Gicsa S.A. 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): 2.79%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.44%
• Asset Turnover: 0.07x
• Equity Multiplier: 2.70x
Recent ROE (2.79%) is below the historical average (5.98%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	6.43%	20.98%	0.12x	2.62x	MX$-554.23 Million
2014	6.95%	9.28%	0.21x	3.55x	MX$-393.93 Million
2015	8.97%	36.85%	0.09x	2.62x	MX$-189.44 Million
2016	3.24%	14.01%	0.08x	2.99x	MX$-1.25 Billion
2017	2.97%	13.53%	0.07x	3.04x	MX$-1.36 Billion
2018	24.16%	98.68%	0.09x	2.76x	MX$3.29 Billion
2019	9.33%	41.23%	0.08x	2.85x	MX$-173.00 Million
2020	0.50%	2.88%	0.06x	2.83x	MX$-2.47 Billion
2021	-0.20%	-1.34%	0.05x	2.92x	MX$-2.64 Billion
2022	0.70%	3.78%	0.06x	2.87x	MX$-2.43 Billion
2023	5.92%	32.75%	0.06x	2.81x	MX$-1.13 Billion
2024	2.79%	14.44%	0.07x	2.70x	MX$-2.06 Billion

Industry Comparison

This section compares Grupo Gicsa S.A. de C.V's net assets metrics with peer companies in the Real Estate - Diversified industry.

Industry Context

Industry: Real Estate - Diversified
Average net assets among peers: $974,786,984
Average return on equity (ROE) among peers: -0.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grupo Gicsa S.A. de C.V (GICSAB)	MX$35.79 Billion	6.43%	1.18x	$310.80 Million
Corporación Inmobiliaria Vesta S.A.B. de C.V (VESTA)	$974.79 Million	-0.39%	0.52x	$3.04 Billion

About Grupo Gicsa S.A. de C.V

MX:GICSAB Mexico Real Estate - Diversified

Market Cap

$310.80 Million

MX$5.40 Billion MXN

Market Cap Rank

#14804 Global

#107 in Mexico

Share Price

MX$3.60

Change (1 day)

-0.28%

52-Week Range

MX$2.35 - MX$3.74

All Time High

MX$16.98