Apex Mining Co Inc
Apex Mining Co Inc operates in Diversified Metals & Mining.
Apex Mining Co Inc (APX) - Net Assets
Latest net assets as of June 2023: ₱12.94 Billion PHP
Based on the latest financial reports, Apex Mining Co Inc (APX) has net assets worth ₱12.94 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 (₱21.38 Billion) and total liabilities (₱8.44 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 | ₱12.94 Billion |
| % of Total Assets | 60.52% |
| Annual Growth Rate | 18.63% |
| 5-Year Change | 123.14% |
| 10-Year Change | N/A |
| Growth Volatility | 17.15 |
Apex Mining Co Inc - Net Assets Trend (2014–2022)
This chart illustrates how Apex Mining Co 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 Apex Mining Co Inc (2014–2022)
The table below shows the annual net assets of Apex Mining Co Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱11.54 Billion | +40.14% |
| 2021-12-31 | ₱8.24 Billion | +11.81% |
| 2020-12-31 | ₱7.37 Billion | +26.28% |
| 2019-12-31 | ₱5.83 Billion | +12.78% |
| 2018-12-31 | ₱5.17 Billion | -2.30% |
| 2017-12-31 | ₱5.29 Billion | +9.80% |
| 2016-12-31 | ₱4.82 Billion | +7.66% |
| 2015-12-31 | ₱4.48 Billion | +52.19% |
| 2014-12-31 | ₱2.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Apex Mining Co 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 746465881000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱7.46 Billion | 64.67% |
| Common Stock | ₱6.23 Billion | 53.96% |
| Total Equity | ₱11.54 Billion | 100.00% |
Apex Mining Co Inc Competitors by Market Cap
The table below lists competitors of Apex Mining Co Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nexcom AS
CO:NEXCOM
|
$2.39K |
|
LLJA
STU:LLJA
|
$2.39K |
|
MEDICAL DEVTS INTL
BE:M5D
|
$2.40K |
|
Pryce Corp
PSE:PPC
|
$2.40K |
|
KSH HOLDINGS
MU:XEUA
|
$2.39K |
|
The PMI Group Inc
OTCGREY:PMIR
|
$2.39K |
|
Sincerity Applied Materials Holdings Corp
PINK:SINC
|
$2.39K |
|
Adams (JOHN) Life Corp
PINK:JALC
|
$2.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apex Mining Co Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 8,236,341,770 to 11,542,289,410, a change of 3,305,947,640 (40.1%).
- Net income of 3,341,547,060 contributed positively to equity growth.
- Dividend payments of 54,268,770 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱3.34 Billion | +28.95% |
| Dividends Paid | ₱54.27 Million | -0.47% |
| Other Changes | ₱18.67 Million | +0.16% |
| Total Change | ₱- | 40.14% |
Book Value vs Market Value Analysis
This analysis compares Apex Mining Co 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: 7.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.85x to 7.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱0.85 | ₱15.20 | x |
| 2017-12-31 | ₱0.93 | ₱15.20 | x |
| 2018-12-31 | ₱0.91 | ₱15.20 | x |
| 2019-12-31 | ₱1.03 | ₱15.20 | x |
| 2020-12-31 | ₱1.30 | ₱15.20 | x |
| 2021-12-31 | ₱1.45 | ₱15.20 | x |
| 2022-12-31 | ₱2.03 | ₱15.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apex Mining Co 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): 28.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.41%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.79x
- Recent ROE (28.95%) is above the historical average (10.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 1.75% | 3.23% | 0.22x | 2.45x | ₱-369.48 Million |
| 2016 | 6.76% | 9.26% | 0.32x | 2.30x | ₱-156.21 Million |
| 2017 | 8.08% | 10.38% | 0.34x | 2.29x | ₱-101.48 Million |
| 2018 | 4.64% | 5.15% | 0.37x | 2.42x | ₱-277.23 Million |
| 2019 | 5.25% | 6.17% | 0.35x | 2.40x | ₱-277.18 Million |
| 2020 | 20.81% | 24.26% | 0.40x | 2.12x | ₱796.21 Million |
| 2021 | 9.75% | 10.84% | 0.47x | 1.90x | ₱-20.58 Million |
| 2022 | 28.95% | 32.41% | 0.50x | 1.79x | ₱2.19 Billion |
Industry Comparison
This section compares Apex Mining Co Inc's net assets metrics with peer companies in the Metals & Mining industry.
Industry Context
- Industry: Metals & Mining
- Average net assets among peers: $2,576,699,034
- Average return on equity (ROE) among peers: -1.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apex Mining Co Inc (APX) | ₱12.94 Billion | 1.75% | 0.65x | $2.39K |
| Atok Big Wedge Co Inc (AB) | $635.03 Million | -3.02% | 0.00x | $297.15 |
| Apollo Global Capital Inc (APL) | $2.72 Billion | -0.56% | 0.23x | $1.31 |
| Century Peak Holdings Corp (CPM) | $2.47 Billion | -3.56% | 3.44x | $402.68 |
| Dizon Copper Silver Mines Inc (DIZ) | $40.13 Million | 2.60% | 0.89x | $645.20 |
| Global Ferronickel Holdings Inc (FNI) | $6.54 Billion | 17.00% | 0.39x | $307.09 |
| Geograce Resources Philippines Inc (GEO) | $13.01 Million | -21.05% | 1.06x | $12.73 |
| Imperial Resources Inc (IMP) | $571.42 Million | 7.25% | 0.06x | $137.57 |
| Lepanto Consolidated Mining Co (LC) | $7.26 Billion | -12.81% | 1.34x | $30.08 |
| Manila Mining Corp (MA) | $2.94 Billion | -0.43% | 0.07x | $1.27 |