Genting Hong Kong Limited
Genting Hong Kong Limited, an investment holding company, engages in the operation of cruise, shipyard, leisure, and hospitality activities. The company operates through three segments: Cruise and Cruise-Related Activities, Shipyard and Non-Cruise Activities. It operates cruise ships under the Star Cruises, Dream Cruises, and Crystal Cruises brands; and MV Werften and Lloyd Werft shipyards. In ad… Read more
Genting Hong Kong Limited (GTHKF) - Net Assets
Latest net assets as of June 2021: $2.51 Billion USD
Based on the latest financial reports, Genting Hong Kong Limited (GTHKF) has net assets worth $2.51 Billion USD as of June 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.05 Billion) and total liabilities ($4.53 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 | $2.51 Billion |
| % of Total Assets | 35.69% |
| Annual Growth Rate | -1.03% |
| 5-Year Change | -43.14% |
| 10-Year Change | N/A |
| Growth Volatility | 30.74 |
Genting Hong Kong Limited - Net Assets Trend (2013–2020)
This chart illustrates how Genting Hong Kong Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Genting Hong Kong Limited (2013–2020)
The table below shows the annual net assets of Genting Hong Kong Limited from 2013 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $2.74 Billion | -36.88% |
| 2019-12-31 | $4.35 Billion | +7.05% |
| 2018-12-31 | $4.06 Billion | -11.36% |
| 2017-12-31 | $4.58 Billion | -5.06% |
| 2016-12-31 | $4.82 Billion | -12.31% |
| 2015-12-31 | $5.50 Billion | +69.74% |
| 2014-12-31 | $3.24 Billion | +9.88% |
| 2013-12-31 | $2.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Genting Hong Kong Limited'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 49.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $543.36 Million | 19.13% |
| Common Stock | $848.25 Million | 29.87% |
| Other Comprehensive Income | $366.44 Million | 12.90% |
| Other Components | $1.08 Billion | 38.10% |
| Total Equity | $2.84 Billion | 100.00% |
Genting Hong Kong Limited Competitors by Market Cap
The table below lists competitors of Genting Hong Kong Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mustek Ltd
JSE:MST
|
$420.02K |
|
Starstream Entmt Inc
PINK:SSET
|
$420.03K |
|
LM Pay Spolka Akcyjna
F:Y00
|
$420.52K |
|
FRESNILLO - Dusseldorf Stock Exchang
DU:FNL
|
$420.59K |
|
noco-noco Inc. Warrant
NASDAQ:NCNCW
|
$419.71K |
|
IN8BIO INC. DL-0001
F:6JH
|
$419.46K |
|
Singapore Reinsurance Corporation Limited
STU:S49
|
$419.03K |
|
My Foodie BOX Ltd
AU:MBX
|
$418.97K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Genting Hong Kong Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 4,304,380,000 to 2,840,215,000, a change of -1,464,165,000 (-34.0%).
- Net loss of 1,566,067,000 reduced equity.
- Other comprehensive income increased equity by 103,267,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.57 Billion | -55.14% |
| Other Comprehensive Income | $103.27 Million | +3.64% |
| Other Changes | $-1.36 Million | -0.05% |
| Total Change | $- | -34.02% |
Book Value vs Market Value Analysis
This analysis compares Genting Hong Kong Limited'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: 0.00x
- 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 |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.00 | x |
| 2016-12-31 | $0.00 | $0.00 | x |
| 2017-12-31 | $0.54 | $0.00 | x |
| 2018-12-31 | $0.47 | $0.00 | x |
| 2019-12-31 | $0.51 | $0.00 | x |
| 2020-12-31 | $0.33 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Genting Hong Kong Limited 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): -55.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -426.93%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.37x
- Recent ROE (-55.14%) is below the historical average (-1.25%), 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 | 19.03% | 99.58% | 0.14x | 1.33x | $262.16 Million |
| 2014 | 12.04% | 67.36% | 0.15x | 1.21x | $65.08 Million |
| 2015 | 38.69% | 306.21% | 0.11x | 1.19x | $1.57 Billion |
| 2016 | -10.50% | -49.41% | 0.16x | 1.37x | $-980.85 Million |
| 2017 | -5.32% | -20.35% | 0.17x | 1.57x | $-695.86 Million |
| 2018 | -5.24% | -13.18% | 0.24x | 1.68x | $-613.65 Million |
| 2019 | -3.54% | -9.70% | 0.20x | 1.85x | $-582.74 Million |
| 2020 | -55.14% | -426.93% | 0.05x | 2.37x | $-1.85 Billion |
Industry Comparison
This section compares Genting Hong Kong Limited's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Genting Hong Kong Limited (GTHKF) | $2.51 Billion | 19.03% | 1.80x | $419.71K |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |