Axelum Resources Corp
Axelum Resources Corp operates in Packaged Foods & Meats.
Axelum Resources Corp (AXLM) - Net Assets
Latest net assets as of September 2023: ₱9.87 Billion PHP
Based on the latest financial reports, Axelum Resources Corp (AXLM) has net assets worth ₱9.87 Billion PHP as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱11.08 Billion) and total liabilities (₱1.21 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 | ₱9.87 Billion |
| % of Total Assets | 89.08% |
| Annual Growth Rate | 19.0% |
| 5-Year Change | 121.34% |
| 10-Year Change | N/A |
| Growth Volatility | 31.34 |
Axelum Resources Corp - Net Assets Trend (2017–2022)
This chart illustrates how Axelum Resources 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 Axelum Resources Corp (2017–2022)
The table below shows the annual net assets of Axelum Resources Corp from 2017 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱10.29 Billion | +11.94% |
| 2021-12-31 | ₱9.19 Billion | +5.27% |
| 2020-12-31 | ₱8.73 Billion | +1.75% |
| 2019-12-31 | ₱8.58 Billion | +84.60% |
| 2018-12-31 | ₱4.65 Billion | +7.79% |
| 2017-12-31 | ₱4.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axelum Resources 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 242.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱3.73 Billion | 36.29% |
| Common Stock | ₱4.00 Billion | 38.87% |
| Other Components | ₱2.56 Billion | 24.84% |
| Total Equity | ₱10.29 Billion | 100.00% |
Axelum Resources Corp Competitors by Market Cap
The table below lists competitors of Axelum Resources Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Mining Innovation Inc.
V:GMI
|
$314.47 |
|
MDK Acquisition Inc.
V:MDK-P
|
$314.61 |
|
HYDRACT A/S DK -10
F:8X3
|
$315.10 |
|
AIQ Ltd
LSE:AIQ
|
$315.18 |
|
Broadside Enterprises Inc
PINK:BRSE
|
$313.47 |
|
TPL Properties Ltd
KAR:TPLT
|
$313.03 |
|
Great Basin Energies Inc
PINK:GBEI
|
$312.91 |
|
Tri-Star Power Ltd
KAR:TSPL
|
$312.79 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axelum Resources Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 9,193,849,000 to 10,291,209,000, a change of 1,097,360,000 (11.9%).
- Net income of 983,517,000 contributed positively to equity growth.
- Share repurchases of 40,754,000 reduced equity.
- Other factors increased equity by 154,597,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱983.52 Million | +9.56% |
| Share Repurchases | ₱40.75 Million | -0.4% |
| Other Changes | ₱154.60 Million | +1.5% |
| Total Change | ₱- | 11.94% |
Book Value vs Market Value Analysis
This analysis compares Axelum Resources 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: 0.75x
- 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.
- The price-to-book ratio has decreased from 1.56x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₱1.31 | ₱2.04 | x |
| 2018-12-31 | ₱1.41 | ₱2.04 | x |
| 2019-12-31 | ₱2.15 | ₱2.04 | x |
| 2020-12-31 | ₱2.23 | ₱2.04 | x |
| 2021-12-31 | ₱2.41 | ₱2.04 | x |
| 2022-12-31 | ₱2.71 | ₱2.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axelum Resources 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): 9.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.97%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.11x
- Recent ROE (9.56%) is above the historical average (8.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 12.30% | 9.16% | 0.80x | 1.69x | ₱99.42 Million |
| 2018 | 7.85% | 6.20% | 0.77x | 1.64x | ₱-100.13 Million |
| 2019 | 9.03% | 14.61% | 0.50x | 1.23x | ₱-83.49 Million |
| 2020 | 6.03% | 10.19% | 0.51x | 1.17x | ₱-346.90 Million |
| 2021 | 7.78% | 11.25% | 0.63x | 1.10x | ₱-204.05 Million |
| 2022 | 9.56% | 13.97% | 0.62x | 1.11x | ₱-45.60 Million |
Industry Comparison
This section compares Axelum Resources Corp's net assets metrics with peer companies in the Food & Tobacco industry.
Industry Context
- Industry: Food & Tobacco
- Average net assets among peers: $9,072,868,437
- Average return on equity (ROE) among peers: 1.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axelum Resources Corp (AXLM) | ₱9.87 Billion | 12.30% | 0.12x | $314.28 |
| AgriNurture Inc (ANI) | $718.07 Million | -21.61% | 2.26x | $85.23 |
| Central Azucarera de Tarlac Inc (CAT) | $3.84 Billion | 15.20% | 0.55x | $1.63K |
| Century Pacific Food Inc (CNPF) | $19.15 Billion | 16.44% | 0.70x | $5.61K |
| Del Monte Pacific Ltd (DELM) | $559.20 Million | -6.53% | 3.49x | $921.59 |
| San Miguel Pure Foods Company Inc (FB) | $41.35 Billion | 13.74% | 0.62x | $8.70K |
| Alliance Select Foods International Inc (FOOD) | $22.22 Million | -5.72% | 0.71x | $65.55 |
| Liberty Flour Mills Inc (LFM) | $2.52 Billion | -4.44% | 0.82x | $5.19K |
| RFM Corp (RFM) | $13.42 Billion | 7.96% | 0.55x | $872.23 |
| Swift Foods Inc (SFI) | $63.03 Million | -1.37% | 1.86x | $8.14 |