Hoteles City Express S.A.B. de C.V (HCITY) - Net Assets

Latest as of June 2023: MX$8.06 Billion MXN ≈ $463.94 Million USD

Based on the latest financial reports, Hoteles City Express S.A.B. de C.V (HCITY) has net assets worth MX$8.06 Billion MXN (≈ $463.94 Million USD) as of June 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$14.16 Billion ≈ $814.77 Million USD) and total liabilities (MX$6.10 Billion ≈ $350.82 Million 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 Hoteles City Express S.A.B. de C.V (HCITY) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$8.06 Billion
% of Total Assets	56.94%
Annual Growth Rate	7.45%
5-Year Change	-18.61%
10-Year Change	42.8%
Growth Volatility	20.43

Hoteles City Express S.A.B. de C.V - Net Assets Trend (2010–2022)

This chart illustrates how Hoteles City Express S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. See HCITY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hoteles City Express S.A.B. de C.V (2010–2022)

The table below shows the annual net assets of Hoteles City Express S.A.B. de C.V from 2010 to 2022. For live valuation and market cap data, see market value of Hoteles City Express S.A.B. de C.V.

Year	Net Assets	Change
2022-12-31	MX$7.18 Billion ≈ $413.06 Million	-4.07%
2021-12-31	MX$7.48 Billion ≈ $430.57 Million	-2.47%
2020-12-31	MX$7.67 Billion ≈ $441.46 Million	-14.26%
2019-12-31	MX$8.95 Billion ≈ $514.90 Million	+1.45%
2018-12-31	MX$8.82 Billion ≈ $507.54 Million	+4.75%
2017-12-31	MX$8.42 Billion ≈ $484.55 Million	+3.29%
2016-12-31	MX$8.15 Billion ≈ $469.10 Million	+4.43%
2015-12-31	MX$7.81 Billion ≈ $449.21 Million	+1.97%
2014-12-31	MX$7.65 Billion ≈ $440.54 Million	+52.30%
2013-12-31	MX$5.03 Billion ≈ $289.25 Million	+54.32%
2012-12-31	MX$3.26 Billion ≈ $187.44 Million	+2.76%
2011-12-31	MX$3.17 Billion ≈ $182.41 Million	+4.61%
2010-12-31	MX$3.03 Billion ≈ $174.37 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hoteles City Express 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 decreased by 36.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2022)

Component	Amount	Percentage
Retained Earnings	MX$398.62 Million	6.58%
Common Stock	MX$6.07 Billion	100.10%
Total Equity	MX$6.06 Billion	100.00%

Hoteles City Express S.A.B. de C.V Competitors by Market Cap

The table below lists competitors of Hoteles City Express S.A.B. de C.V ranked by their market capitalization.

Company	Market Cap
Syncom Formulations (India) Limited NSE:SYNCOMF	$145.98 Million
American Rare EARTHS Ltd AU:ARR	$145.98 Million
Cegedim S.A. PA:CGM	$145.99 Million
Tribeca Global Natural Resources Ltd AU:TGF	$146.00 Million
Molecular Partners AG SW:MOLN	$145.86 Million
Tavia Acquisition Corp. Unit NASDAQ:TAVIU	$145.77 Million
Huangshan Tourism Development Co Ltd B SHG:900942	$145.64 Million
Mikro MSC Bhd KLSE:0112	$145.62 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2021 to 2022, total equity changed from 6,306,368,000 to 6,062,316,000, a change of -244,052,000 (-3.9%).
Net income of 35,067,000 contributed positively to equity growth.
Share repurchases of 122,034,000 reduced equity.
New share issuances of 13,123,000 increased equity.
Other factors decreased equity by 170,208,000.

Equity Change Factors (2021 to 2022)

Factor	Impact	Contribution
Net Income	MX$35.07 Million	+0.58%
Share Repurchases	MX$122.03 Million	-2.01%
Share Issuances	MX$13.12 Million	+0.22%
Other Changes	MX$-170.21 Million	-2.81%
Total Change	MX$-	-3.87%

Book Value vs Market Value Analysis

This analysis compares Hoteles City Express 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: 0.40x
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$20.22	MX$6.15	x
2018-12-31	MX$20.61	MX$6.15	x
2019-12-31	MX$20.74	MX$6.15	x
2020-12-31	MX$17.77	MX$6.15	x
2021-12-31	MX$15.63	MX$6.15	x
2022-12-31	MX$15.47	MX$6.15	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hoteles City Express 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): 0.58%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.10%
• Asset Turnover: 0.23x
• Equity Multiplier: 2.28x
Recent ROE (0.58%) is above the historical average (-0.43%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	1.68%	6.57%	0.15x	1.72x	MX$-359.63 Million
2014	1.80%	8.85%	0.14x	1.43x	MX$-570.82 Million
2015	2.51%	10.33%	0.16x	1.49x	MX$-528.63 Million
2016	3.64%	12.98%	0.18x	1.57x	MX$-462.29 Million
2017	3.58%	10.70%	0.21x	1.60x	MX$-482.09 Million
2018	3.64%	9.64%	0.21x	1.82x	MX$-486.45 Million
2019	1.68%	4.05%	0.20x	2.06x	MX$-633.36 Million
2020	-17.07%	-75.07%	0.09x	2.40x	MX$-1.76 Billion
2021	-6.28%	-17.43%	0.16x	2.33x	MX$-1.03 Billion
2022	0.58%	1.10%	0.23x	2.28x	MX$-571.16 Million

Industry Comparison

This section compares Hoteles City Express S.A.B. de C.V's net assets metrics with peer companies in the Lodging industry.

Industry Context

Industry: Lodging
Average net assets among peers: $5,196,742,000
Average return on equity (ROE) among peers: -0.06%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hoteles City Express S.A.B. de C.V (HCITY)	MX$8.06 Billion	1.68%	0.76x	$145.94 Million
Grupo Hotelero Santa Fe SAB (HOTEL)	$5.99 Billion	-6.66%	0.71x	$187.88 Million
Grupo Posadas S.A.B. de C.V (POSADASA)	$4.40 Billion	6.54%	1.45x	$836.17 Million

About Hoteles City Express S.A.B. de C.V

MX:HCITY Mexico Lodging

Market Cap

$145.94 Million

MX$2.54 Billion MXN

Market Cap Rank

#17842 Global

#121 in Mexico

Share Price

MX$6.15

Change (1 day)

-0.16%

52-Week Range

MX$4.43 - MX$7.00

All Time High

MX$27.96