Manila Water Company Inc
Manila Water Company, Inc., together with its subsidiaries, provides water treatment and distribution, sewerage, and sanitation services in the Philippines, Indonesia, Vietnam, Thailand, and the Kingdom of Saudi Arabia. The company offers integrated used water, pipework, engineering, procurement, and management services. It also provides wastewater and water construction services. The company ser… Read more
Manila Water Company Inc (MWTCF) - Net Assets
Latest net assets as of September 2025: $85.94 Billion USD
Based on the latest financial reports, Manila Water Company Inc (MWTCF) has net assets worth $85.94 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 ($241.67 Billion) and total liabilities ($155.73 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 | $85.94 Billion |
| % of Total Assets | 35.56% |
| Annual Growth Rate | 11.69% |
| 5-Year Change | 36.72% |
| 10-Year Change | 107.22% |
| Growth Volatility | 7.3 |
Manila Water Company Inc - Net Assets Trend (2005–2024)
This chart illustrates how Manila Water Company 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 Manila Water Company Inc (2005–2024)
The table below shows the annual net assets of Manila Water Company Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $82.75 Billion | +9.35% |
| 2023-12-31 | $75.68 Billion | -2.97% |
| 2022-12-31 | $77.99 Billion | +5.89% |
| 2021-12-31 | $73.65 Billion | +21.69% |
| 2020-12-31 | $60.52 Billion | +4.68% |
| 2019-12-31 | $57.82 Billion | +6.72% |
| 2018-12-31 | $54.18 Billion | +11.15% |
| 2017-12-31 | $48.75 Billion | +9.31% |
| 2016-12-31 | $44.60 Billion | +11.68% |
| 2015-12-31 | $39.93 Billion | +13.22% |
| 2014-12-31 | $35.27 Billion | +19.47% |
| 2013-12-31 | $29.52 Billion | +8.33% |
| 2012-12-31 | $27.25 Billion | +18.99% |
| 2011-12-31 | $22.90 Billion | +13.97% |
| 2010-12-31 | $20.10 Billion | +17.31% |
| 2009-12-31 | $17.13 Billion | +29.06% |
| 2008-12-31 | $13.27 Billion | +5.82% |
| 2007-12-31 | $12.54 Billion | +5.23% |
| 2006-12-31 | $11.92 Billion | +17.76% |
| 2005-12-31 | $10.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manila Water Company 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 128.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.81 Billion | 12.16% |
| Common Stock | $2.88 Billion | 3.57% |
| Other Comprehensive Income | $58.76 Billion | 72.85% |
| Other Components | $9.21 Billion | 11.42% |
| Total Equity | $80.66 Billion | 100.00% |
Manila Water Company Inc Competitors by Market Cap
The table below lists competitors of Manila Water Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
H&R Century Union Corp
SHE:000892
|
$563.50 Million |
|
WashTec AG
PINK:WHTCF
|
$563.51 Million |
|
Siltronic AG
PINK:SSLLF
|
$564.50 Million |
|
Aidite (Qinhuangdao) Technology Co., Ltd.
SHE:301580
|
$564.58 Million |
|
Ovzon AB
ST:OVZON
|
$563.23 Million |
|
Shanghai Huitong Energy Co Ltd
SHG:600605
|
$563.19 Million |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
$563.18 Million |
|
Jiangsu Asia Pacific Light Alloy Technology Co Ltd
SHE:002540
|
$562.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manila Water Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,464,594,000 to 80,658,675,000, a change of 6,194,081,000 (8.3%).
- Net income of 10,499,670,702 contributed positively to equity growth.
- Dividend payments of 3,370,089,762 reduced retained earnings.
- New share issuances of 21,535,257 increased equity.
- Other comprehensive income increased equity by 1,994,444,000.
- Other factors decreased equity by 2,951,479,197.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.50 Billion | +13.02% |
| Dividends Paid | $3.37 Billion | -4.18% |
| Share Issuances | $21.54 Million | +0.03% |
| Other Comprehensive Income | $1.99 Billion | +2.47% |
| Other Changes | $-2.95 Billion | -3.66% |
| Total Change | $- | 8.32% |
Book Value vs Market Value Analysis
This analysis compares Manila Water Company 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: 0.02x
- 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 |
|---|---|---|---|
| 2005-12-31 | $5.39 | $0.52 | x |
| 2006-12-31 | $5.94 | $0.52 | x |
| 2007-12-31 | $6.21 | $0.52 | x |
| 2008-12-31 | $6.56 | $0.52 | x |
| 2009-12-31 | $8.36 | $0.52 | x |
| 2010-12-31 | $9.80 | $0.52 | x |
| 2011-12-31 | $11.16 | $0.52 | x |
| 2012-12-31 | $13.22 | $0.52 | x |
| 2013-12-31 | $14.17 | $0.52 | x |
| 2014-12-31 | $16.92 | $0.52 | x |
| 2015-12-31 | $18.99 | $0.52 | x |
| 2016-12-31 | $21.20 | $0.52 | x |
| 2017-12-31 | $23.23 | $0.52 | x |
| 2018-12-31 | $25.75 | $0.52 | x |
| 2019-12-31 | $27.37 | $0.52 | x |
| 2020-12-31 | $28.68 | $0.52 | x |
| 2021-12-31 | $28.42 | $0.52 | x |
| 2022-12-31 | $26.63 | $0.52 | x |
| 2023-12-31 | $26.50 | $0.52 | x |
| 2024-12-31 | $27.32 | $0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manila Water Company 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): 13.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.65%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.92x
- Recent ROE (13.02%) is below the historical average (14.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.31% | 30.41% | 0.32x | 1.77x | $740.48 Million |
| 2006 | 18.24% | 32.05% | 0.28x | 2.04x | $982.61 Million |
| 2007 | 18.40% | 29.50% | 0.28x | 2.23x | $1.05 Billion |
| 2008 | 21.01% | 31.28% | 0.27x | 2.51x | $1.46 Billion |
| 2009 | 19.03% | 33.90% | 0.22x | 2.59x | $1.53 Billion |
| 2010 | 19.96% | 36.12% | 0.23x | 2.44x | $1.99 Billion |
| 2011 | 18.79% | 35.57% | 0.20x | 2.68x | $2.00 Billion |
| 2012 | 20.35% | 37.88% | 0.21x | 2.52x | $2.79 Billion |
| 2013 | 19.85% | 37.94% | 0.22x | 2.38x | $2.85 Billion |
| 2014 | 16.76% | 36.24% | 0.21x | 2.16x | $2.35 Billion |
| 2015 | 15.26% | 35.68% | 0.21x | 2.07x | $2.05 Billion |
| 2016 | 11.52% | 28.48% | 0.21x | 1.96x | $663.03 Million |
| 2017 | 10.71% | 27.77% | 0.18x | 2.15x | $336.84 Million |
| 2018 | 10.23% | 27.65% | 0.16x | 2.32x | $124.63 Million |
| 2019 | 8.09% | 20.98% | 0.16x | 2.45x | $-1.08 Billion |
| 2020 | 7.60% | 21.36% | 0.13x | 2.65x | $-1.42 Billion |
| 2021 | 5.08% | 18.10% | 0.12x | 2.38x | $-3.55 Billion |
| 2022 | 7.71% | 27.12% | 0.11x | 2.61x | $-1.76 Billion |
| 2023 | 7.51% | 18.21% | 0.14x | 2.93x | $-1.85 Billion |
| 2024 | 13.02% | 28.65% | 0.16x | 2.92x | $2.43 Billion |
Industry Comparison
This section compares Manila Water Company Inc's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,225,632,883
- Average return on equity (ROE) among peers: -36.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manila Water Company Inc (MWTCF) | $85.94 Billion | 17.31% | 1.81x | $563.33 Million |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $16.05 Million | -4.69% | 1.06x | $577.25 Million |
| Artesian Resources Corporation (ARTNA) | $139.02 Million | 9.32% | 2.24x | $295.24 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $15.29 Billion | 3.95% | 1.79x | $59.96 Million |
| American Water Works (AWK) | $364.50 Million | 12.87% | 2.79x | $26.06 Billion |
| Beijing Enterprises Water Group Limited (BJWTY) | $15.92 Billion | 6.81% | 1.77x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.97 Million | -121.40% | 1.43x | $284.80 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $107.34 Million | 7.01% | 0.29x | $468.34 Million |
| California Water Service Group (CWT) | $389.18 Million | 8.01% | 2.04x | $2.62 Billion |