Hoteles City Express S.A.B. de C.V (HCITY) - Net Assets
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. Also explore Hoteles City Express S.A.B. de C.V (HCITY) total assets for the complete picture of this company's asset 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. For live valuation and market cap data, see Hoteles City Express S.A.B. de C.V (HCITY) total market value.
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. Explore Hoteles City Express S.A.B. de C.V (HCITY) cash conversion ratio to assess how effectively this company generates cash.
| 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 |
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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 |
|---|---|
|
creditshelf Aktiengesellschaft
F:CSQ
|
$3.26K |
|
Holdco Nuvo Group D.G Ltd. Ordinary Shares
NYSE MKT:NUVO
|
$3.33K |
|
Construction JSC 47
VN:C47
|
$3.33K |
|
Tipco Asphalt Public Company Limited
F:TPY1
|
$3.49K |
|
Harrison Global Holdings Inc.
NASDAQ:BLMZF
|
$3.22K |
|
Chicken Soup for the Soul Entertainment, Inc.
NASDAQ:CSSEQ
|
$3.20K |
|
PTT OIL+RET.BUS.-FOR-BA10
F:7F8
|
$3.06K |
|
Thai Union Group Public Company Limited
F:THYG
|
$3.05K |
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: 0.39x
- 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$6.10 | x |
| 2018-12-31 | MX$20.61 | MX$6.10 | x |
| 2019-12-31 | MX$20.74 | MX$6.10 | x |
| 2020-12-31 | MX$17.77 | MX$6.10 | x |
| 2021-12-31 | MX$15.63 | MX$6.10 | x |
| 2022-12-31 | MX$15.47 | MX$6.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hoteles City Express S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.10%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.28x
- Recent ROE (0.58%) is above the historical average (-0.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.68% | 6.57% | 0.15x | 1.72x | MX$-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 | $3.23K |
| Grupo Hotelero Santa Fe SAB (HOTEL) | $5.99 Billion | -6.66% | 0.71x | $205.10 Million |
| Grupo Posadas S.A.B. de C.V (POSADASA) | $4.40 Billion | 6.54% | 1.45x | $846.73 Million |
About Hoteles City Express S.A.B. de C.V
Promotora de Hoteles Norte 19, S.A.B. de C.V. develops, operates, and manages hotels in Mexico, Costa Rica, Colombia, and Chile. The company operates hotels under the City Junior by Marriott, City Express Suites by Marriott, City Express by Marriott, City Express Plus by Marriott, and City Centro by Marriott brands. It also provides marketing, technical, and administrative; real estate developmen… Read more