Acesite Hotel Corp
Acesite Hotel Corp operates in Restaurants.
Acesite Hotel Corp (ACE) - Net Assets
Latest net assets as of June 2023: ₱1.80 Billion PHP
Based on the latest financial reports, Acesite Hotel Corp (ACE) has net assets worth ₱1.80 Billion PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱2.88 Billion) and total liabilities (₱1.08 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 | ₱1.80 Billion |
| % of Total Assets | 62.46% |
| Annual Growth Rate | 6.11% |
| 5-Year Change | 24.71% |
| 10-Year Change | N/A |
| Growth Volatility | 20.13 |
Acesite Hotel Corp - Net Assets Trend (2014–2021)
This chart illustrates how Acesite Hotel Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Acesite Hotel Corp (2014–2021)
The table below shows the annual net assets of Acesite Hotel Corp from 2014 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | ₱1.94 Billion | -0.97% |
| 2020-12-31 | ₱1.96 Billion | +49.32% |
| 2019-12-31 | ₱1.31 Billion | +5.60% |
| 2018-12-31 | ₱1.24 Billion | -20.13% |
| 2017-12-31 | ₱1.55 Billion | -3.37% |
| 2016-12-31 | ₱1.61 Billion | +18.78% |
| 2015-12-31 | ₱1.35 Billion | +5.80% |
| 2014-12-31 | ₱1.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Acesite Hotel Corp'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 432.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱1.37 Billion | 70.69% |
| Common Stock | ₱346.10 Million | 17.85% |
| Other Components | ₱222.32 Million | 11.47% |
| Total Equity | ₱1.94 Billion | 100.00% |
Acesite Hotel Corp Competitors by Market Cap
The table below lists competitors of Acesite Hotel Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEM INSURANCE PLC
XNSA:NEM
|
$195.82 |
|
Ichor Coal N.V
HM:IO0
|
$196.45 |
|
Lauritz.com A/S
ST:LAUR
|
$196.68 |
|
Egyptian Real Estate Group
EGX:AREH
|
$196.80 |
|
DGTHD
PINK:DGTHD
|
$195.16 |
|
Misr Financial Investments
EGX:MFIN
|
$195.04 |
|
Cartel Blue Inc
PINK:CRTL
|
$194.76 |
|
Henderson International Income Trust PLC
LSE:HINT
|
$194.70 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Acesite Hotel Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 1,958,206,650 to 1,939,118,500, a change of -19,088,150 (-1.0%).
- Net loss of 82,054,720 reduced equity.
- Other factors increased equity by 62,966,570.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱-82.05 Million | -4.23% |
| Other Changes | ₱62.97 Million | +3.25% |
| Total Change | ₱- | -0.97% |
Book Value vs Market Value Analysis
This analysis compares Acesite Hotel Corp'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: 0.21x
- 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 |
|---|---|---|---|
| 2016-12-31 | ₱4.67 | ₱1.20 | x |
| 2017-12-31 | ₱4.51 | ₱1.20 | x |
| 2018-12-31 | ₱3.62 | ₱1.20 | x |
| 2019-12-31 | ₱3.80 | ₱1.20 | x |
| 2020-12-31 | ₱5.68 | ₱1.20 | x |
| 2021-12-31 | ₱5.62 | ₱1.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Acesite Hotel Corp 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): -4.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.63x
- Recent ROE (-4.23%) is below the historical average (2.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.58% | 8.08% | 0.23x | 1.93x | ₱-82.17 Million |
| 2015 | 5.51% | 11.92% | 0.27x | 1.72x | ₱-60.89 Million |
| 2016 | 4.38% | 11.96% | 0.28x | 1.32x | ₱-90.44 Million |
| 2017 | -2.83% | -10.07% | 0.19x | 1.46x | ₱-199.44 Million |
| 2018 | -28.05% | -555.37% | 0.04x | 1.44x | ₱-472.57 Million |
| 2019 | 5.15% | 0.00% | 0.00x | 1.82x | ₱-63.55 Million |
| 2020 | 33.36% | 0.00% | 0.00x | 1.59x | ₱457.44 Million |
| 2021 | -4.23% | 0.00% | 0.00x | 1.63x | ₱-275.97 Million |
Industry Comparison
This section compares Acesite Hotel Corp's net assets metrics with peer companies in the Hotels & Entertainment Services industry.
Industry Context
- Industry: Hotels & Entertainment Services
- Average net assets among peers: $2,257,675,675
- Average return on equity (ROE) among peers: 5.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Acesite Hotel Corp (ACE) | ₱1.80 Billion | 3.58% | 0.60x | $195.77 |
| Discovery World Corp (DWC) | $1.12 Billion | -11.04% | 2.96x | $171.99 |
| Figaro Coffee Group Inc (FCG) | $549.98 Million | 7.42% | 0.83x | $92.65 |
| Pacificonline Systems Inc (LOTO) | $1.76 Billion | 19.54% | 0.26x | $256.39 |
| Max’s Group Inc (MAXS) | $4.40 Billion | 11.54% | 1.57x | $340.88 |
| PH Resorts Group Holdings Inc (PHR) | $453.60 Million | 7.88% | 1.63x | $22.98 |
| Shakey’s Pizza Asia Ventures Inc (PIZZA) | $3.97 Billion | 19.18% | 1.29x | $1.06K |
| PhilWeb Corp (WEB) | $599.18 Million | -8.71% | 1.12x | $1.87K |
| Waterfront Philippines Inc (WPI) | $5.21 Billion | 0.81% | 1.05x | $66.84 |