Ginebra San Miguel Inc
Ginebra San Miguel Inc., together with its subsidiaries, engages in the manufacture and sale of alcoholic beverages in the Philippines and internationally. The company provides gins, brandies, wines, and distilled spirits, as well as vodka and rum. It offers alcoholic beverages under the Ginebra San Miguel, Vino Kulafo, G&T Ultralight, GSM Blue, Antonov Vodka, GSM Blue Flavors, GSM Premium Gin, P… Read more
Ginebra San Miguel Inc (GBSMF) - Net Assets
Latest net assets as of September 2025: $35.15 Billion USD
Based on the latest financial reports, Ginebra San Miguel Inc (GBSMF) has net assets worth $35.15 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.32 Billion) and total liabilities ($179.09 Million). 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 | $35.15 Billion |
| % of Total Assets | 99.49% |
| Annual Growth Rate | 23.47% |
| 5-Year Change | 132.16% |
| 10-Year Change | N/A |
| Growth Volatility | 4.47 |
Ginebra San Miguel Inc - Net Assets Trend (2017–2024)
This chart illustrates how Ginebra San Miguel Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ginebra San Miguel Inc (2017–2024)
The table below shows the annual net assets of Ginebra San Miguel Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.94 Billion | +19.24% |
| 2023-12-31 | $18.40 Billion | +29.22% |
| 2022-12-31 | $14.24 Billion | +24.17% |
| 2021-12-31 | $11.47 Billion | +21.34% |
| 2020-12-31 | $9.45 Billion | +29.39% |
| 2019-12-31 | $7.30 Billion | +16.61% |
| 2018-12-31 | $6.26 Billion | +24.93% |
| 2017-12-31 | $5.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ginebra San Miguel Inc'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 287.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $19.94 Billion | 90.87% |
| Common Stock | $345.62 Million | 1.58% |
| Other Comprehensive Income | $-777.64 Million | -3.54% |
| Other Components | $2.43 Billion | 11.10% |
| Total Equity | $21.94 Billion | 100.00% |
Ginebra San Miguel Inc Competitors by Market Cap
The table below lists competitors of Ginebra San Miguel Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Teeyer Intelligent Equipment Co.,Ltd.
SHG:603273
|
$143.54 Million |
|
CAMP4 THERAPEUTICS CORPORATION
NASDAQ:CAMP
|
$143.59 Million |
|
Benchmark Metals Inc
V:CEI
|
$143.60 Million |
|
Elicio Therapeutics Inc.
NASDAQ:ELTX
|
$143.62 Million |
|
DOUGLAS ELLIMAN DL-01
F:8OT
|
$143.47 Million |
|
Wecome Pharmaceutical Co Ltd
SHE:300878
|
$143.32 Million |
|
GENERALFINANCE SPA
F:VG30
|
$143.32 Million |
|
iHeartMedia Inc
PINK:IHRTB
|
$143.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ginebra San Miguel Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,400,312,000 to 21,940,496,000, a change of 3,540,184,000 (19.2%).
- Net income of 7,256,874,000 contributed positively to equity growth.
- Dividend payments of 3,475,022,000 reduced retained earnings.
- Other comprehensive income decreased equity by 829,366,819.
- Other factors increased equity by 587,698,819.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.26 Billion | +33.08% |
| Dividends Paid | $3.48 Billion | -15.84% |
| Other Comprehensive Income | $-829.37 Million | -3.78% |
| Other Changes | $587.70 Million | +2.68% |
| Total Change | $- | 19.24% |
Book Value vs Market Value Analysis
This analysis compares Ginebra San Miguel Inc'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: 0.03x
- 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 | $17.51 | $2.09 | x |
| 2018-12-31 | $21.88 | $2.09 | x |
| 2019-12-31 | $25.51 | $2.09 | x |
| 2020-12-31 | $33.01 | $2.09 | x |
| 2021-12-31 | $40.05 | $2.09 | x |
| 2022-12-31 | $49.73 | $2.09 | x |
| 2023-12-31 | $64.26 | $2.09 | x |
| 2024-12-31 | $76.68 | $2.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ginebra San Miguel Inc 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): 33.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.61%
- • Asset Turnover: 2.05x
- • Equity Multiplier: 1.39x
- Recent ROE (33.08%) is above the historical average (27.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.01% | 2.88% | 1.57x | 2.66x | $100.85 Million |
| 2018 | 16.81% | 4.24% | 1.91x | 2.07x | $426.66 Million |
| 2019 | 23.48% | 5.75% | 1.98x | 2.06x | $984.65 Million |
| 2020 | 29.16% | 7.61% | 2.25x | 1.70x | $1.81 Billion |
| 2021 | 36.28% | 9.82% | 2.31x | 1.60x | $3.01 Billion |
| 2022 | 31.49% | 9.61% | 2.19x | 1.50x | $3.06 Billion |
| 2023 | 38.27% | 13.10% | 1.94x | 1.51x | $5.20 Billion |
| 2024 | 33.08% | 11.61% | 2.05x | 1.39x | $5.06 Billion |
Industry Comparison
This section compares Ginebra San Miguel Inc's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $2,654,533,832
- Average return on equity (ROE) among peers: 20.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ginebra San Miguel Inc (GBSMF) | $35.15 Billion | 12.01% | 0.01x | $143.53 Million |
| Andrew Peller Limited (ADWPF) | $220.25 Million | 13.67% | 1.09x | $98.78 Million |
| Agencia Comercial Spirits Ltd Class A Ordinary Shares (AGCC) | $1.21 Million | 19.76% | 1.23x | $74.90 Million |
| Aristocrat Group Corp (ASCC) | $-358.17K | 0.00% | 0.00x | $74.46K |
| Australian Vintage Ltd (AUVGF) | $13.86 Million | 10.42% | 0.83x | $16.12 Million |
| Becle SA de CV (BCCLF) | $23.65 Billion | 22.45% | 0.63x | $555.00 Million |
| Brown-Forman Corporation (BF-A) | $634.00 Million | 25.24% | 1.18x | $7.60 Billion |
| Fitvia Corp (BRZV) | $-104.27K | 0.00% | 0.00x | $0.99 |
| Heritage Distilling Holding Company, Inc. Common Stock (CASK) | $791.77K | 89.73% | 34.36x | $14.08 Million |
| China Tontine Wines Group Limited (CATWF) | $1.85 Billion | 4.80% | 0.04x | $7.70 Million |
| Corby Spirit and Wine Limited (CBYDF) | $177.28 Million | 14.46% | 0.29x | $169.86 Million |