Delfi Limited
Delfi Limited, an investment holding company, manufactures, markets, distributes, and sells chocolate, chocolate confectionery, and consumer products in Indonesia, the Philippines, Malaysia, Singapore, and internationally. The company's products include chocolate bars, chocolate rice, moulded chocolates, dragées, chocolate spreads, enrobed wafers, chocolate biscuits, sandwich biscuits, and bevera… Read more
Delfi Limited (PEFDF) - Net Assets
Latest net assets as of June 2025: $270.59 Million USD
Based on the latest financial reports, Delfi Limited (PEFDF) has net assets worth $270.59 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($445.88 Million) and total liabilities ($175.28 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 | $270.59 Million |
| % of Total Assets | 60.69% |
| Annual Growth Rate | 6.63% |
| 5-Year Change | 17.2% |
| 10-Year Change | 9.26% |
| Growth Volatility | 22.97 |
Delfi Limited - Net Assets Trend (2003–2024)
This chart illustrates how Delfi 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 Delfi Limited (2003–2024)
The table below shows the annual net assets of Delfi Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $264.58 Million | -0.61% |
| 2023-12-31 | $266.22 Million | +8.13% |
| 2022-12-31 | $246.19 Million | +2.88% |
| 2021-12-31 | $239.30 Million | +6.00% |
| 2020-12-31 | $225.75 Million | -0.81% |
| 2019-12-31 | $227.60 Million | +10.35% |
| 2018-12-31 | $206.25 Million | -1.61% |
| 2017-12-31 | $209.63 Million | +4.14% |
| 2016-12-31 | $201.29 Million | -16.87% |
| 2015-12-31 | $242.15 Million | -18.56% |
| 2014-12-31 | $297.33 Million | +2.39% |
| 2013-12-31 | $290.39 Million | -11.51% |
| 2012-12-31 | $328.15 Million | +10.52% |
| 2011-12-31 | $296.92 Million | +0.96% |
| 2010-12-31 | $294.10 Million | +33.64% |
| 2009-12-31 | $220.07 Million | +8.28% |
| 2008-12-31 | $203.25 Million | -1.55% |
| 2007-12-31 | $206.45 Million | +20.06% |
| 2006-12-31 | $171.95 Million | +12.99% |
| 2005-12-31 | $152.19 Million | +11.99% |
| 2004-12-31 | $135.90 Million | +97.81% |
| 2003-12-31 | $68.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Delfi 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 grown by 580.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $201.05 Million | 75.99% |
| Common Stock | $95.94 Million | 36.26% |
| Other Comprehensive Income | $-32.36 Million | -12.23% |
| Total Equity | $264.58 Million | 100.00% |
Delfi Limited Competitors by Market Cap
The table below lists competitors of Delfi Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spartan Delta Corp
PINK:DALXF
|
$334.78 Million |
|
Hunan Warrant Pharmaceutical Co. Ltd. A
SHG:688799
|
$334.81 Million |
|
Yangtze Optical Fibre And Cable Joint Stock Limited Company
PINK:YZOFF
|
$334.84 Million |
|
Asseco Business Solutions S.A.
WAR:ABS
|
$334.91 Million |
|
R22 SA ZY -02
F:0K0
|
$334.72 Million |
|
Bohai Ferry Co Ltd
SHG:603167
|
$334.70 Million |
|
FuelCell Energy Inc
NASDAQ:FCEL
|
$334.63 Million |
|
Zhejiang Chunhui Intelligent Control Co. Ltd.
SHE:300943
|
$334.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delfi Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 266,220,000 to 264,585,000, a change of -1,635,000 (-0.6%).
- Net income of 33,949,000 contributed positively to equity growth.
- Dividend payments of 26,545,000 reduced retained earnings.
- Other comprehensive income decreased equity by 9,014,801.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $33.95 Million | +12.83% |
| Dividends Paid | $26.55 Million | -10.03% |
| Other Comprehensive Income | $-9.01 Million | -3.41% |
| Other Changes | $-24.20K | -0.01% |
| Total Change | $- | -0.61% |
Book Value vs Market Value Analysis
This analysis compares Delfi 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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.56x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $0.12 | $0.57 | x |
| 2004-12-31 | $0.32 | $0.57 | x |
| 2005-12-31 | $0.29 | $0.57 | x |
| 2006-12-31 | $0.32 | $0.57 | x |
| 2007-12-31 | $0.35 | $0.57 | x |
| 2008-12-31 | $0.34 | $0.57 | x |
| 2009-12-31 | $0.39 | $0.57 | x |
| 2010-12-31 | $0.51 | $0.57 | x |
| 2011-12-31 | $0.49 | $0.57 | x |
| 2012-12-31 | $0.54 | $0.57 | x |
| 2013-12-31 | $0.47 | $0.57 | x |
| 2014-12-31 | $0.49 | $0.57 | x |
| 2015-12-31 | $0.40 | $0.57 | x |
| 2016-12-31 | $0.33 | $0.57 | x |
| 2017-12-31 | $0.34 | $0.57 | x |
| 2018-12-31 | $0.34 | $0.57 | x |
| 2019-12-31 | $0.37 | $0.57 | x |
| 2020-12-31 | $0.37 | $0.57 | x |
| 2021-12-31 | $0.39 | $0.57 | x |
| 2022-12-31 | $0.40 | $0.57 | x |
| 2023-12-31 | $0.44 | $0.57 | x |
| 2024-12-31 | $0.43 | $0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delfi 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): 12.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.75%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.62x
- Recent ROE (12.83%) is above the historical average (12.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 17.67% | 3.65% | 1.37x | 3.53x | $5.10 Million |
| 2004 | 13.57% | 4.79% | 1.41x | 2.01x | $4.83 Million |
| 2005 | 15.61% | 5.39% | 1.53x | 1.89x | $8.52 Million |
| 2006 | 16.94% | 5.57% | 1.42x | 2.14x | $11.93 Million |
| 2007 | 13.93% | 3.14% | 1.56x | 2.84x | $7.42 Million |
| 2008 | 7.66% | 1.25% | 1.79x | 3.44x | $-4.30 Million |
| 2009 | 11.86% | 1.98% | 1.44x | 4.15x | $3.86 Million |
| 2010 | 15.12% | 2.84% | 1.49x | 3.58x | $15.06 Million |
| 2011 | 20.43% | 3.56% | 1.63x | 3.53x | $30.93 Million |
| 2012 | 7.91% | 5.43% | 0.39x | 3.72x | $-6.85 Million |
| 2013 | 7.10% | 4.05% | 1.09x | 1.61x | $-8.43 Million |
| 2014 | 16.42% | 9.68% | 1.07x | 1.58x | $19.06 Million |
| 2015 | -1.95% | -1.16% | 1.05x | 1.60x | $-28.93 Million |
| 2016 | 13.00% | 6.51% | 1.17x | 1.70x | $6.04 Million |
| 2017 | 9.40% | 5.17% | 1.08x | 1.68x | $-1.27 Million |
| 2018 | 10.12% | 4.89% | 1.18x | 1.75x | $249.00K |
| 2019 | 12.40% | 5.98% | 1.17x | 1.77x | $5.47 Million |
| 2020 | 7.75% | 4.54% | 1.01x | 1.70x | $-5.09 Million |
| 2021 | 12.23% | 7.23% | 1.11x | 1.52x | $5.34 Million |
| 2022 | 17.83% | 9.19% | 1.21x | 1.60x | $19.28 Million |
| 2023 | 17.37% | 8.60% | 1.28x | 1.58x | $19.63 Million |
| 2024 | 12.83% | 6.75% | 1.17x | 1.62x | $7.49 Million |
Industry Comparison
This section compares Delfi Limited's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $2,623,809,931
- Average return on equity (ROE) among peers: 7.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delfi Limited (PEFDF) | $270.59 Million | 17.67% | 0.65x | $334.75 Million |
| Barry Callebaut AG (BYCBF) | $3.28 Billion | 5.67% | 3.88x | $4.71 Billion |
| Cloetta AB ser. B (CLOEF) | $4.18 Billion | 6.34% | 1.22x | $422.02 Million |
| Chocoladefabriken Lindt & Sprüngli AG (COCXF) | $1.67 Billion | 14.46% | 0.51x | $24.55 Billion |
| Gunther Grant Inc (GNGR) | $-21.59K | 0.00% | 0.00x | $0.92 |
| Hershey Co (HSY) | $727.90 Million | 15.40% | 0.65x | $31.58 Billion |
| Mondelez International Inc (MDLZ) | $13.46 Billion | 13.02% | 1.25x | $74.06 Billion |
| Rocky Mountain Chocolate Factory (RMCF) | $8.50 Million | 4.71% | 1.19x | $12.56 Million |
| Rogers Sugar Inc (RSGUF) | $252.88 Million | 16.18% | 1.32x | $476.94 Million |
| Sow Good Inc. Common Stock (SOWG) | $31.99 Million | -11.57% | 0.71x | $3.80 Million |