Bright Kindle Resources & Investments Inc
Bright Kindle Resources & Investments Inc operates in Asset Management & Custody Banks.
Bright Kindle Resources & Investments Inc (BKR) - Net Assets
Latest net assets as of September 2023: ₱1.23 Billion PHP
Based on the latest financial reports, Bright Kindle Resources & Investments Inc (BKR) has net assets worth ₱1.23 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 (₱2.90 Billion) and total liabilities (₱1.67 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 | ₱1.23 Billion |
| % of Total Assets | 42.34% |
| Annual Growth Rate | 2.09% |
| 5-Year Change | 24.36% |
| 10-Year Change | N/A |
| Growth Volatility | 6.12 |
Bright Kindle Resources & Investments Inc - Net Assets Trend (2015–2022)
This chart illustrates how Bright Kindle Resources & Investments 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 Bright Kindle Resources & Investments Inc (2015–2022)
The table below shows the annual net assets of Bright Kindle Resources & Investments Inc from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱1.19 Billion | +2.85% |
| 2021-12-31 | ₱1.16 Billion | +13.55% |
| 2020-12-31 | ₱1.02 Billion | +6.31% |
| 2019-12-31 | ₱961.15 Million | +0.16% |
| 2018-12-31 | ₱959.65 Million | -8.05% |
| 2017-12-31 | ₱1.04 Billion | +1.28% |
| 2016-12-31 | ₱1.03 Billion | -0.16% |
| 2015-12-31 | ₱1.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bright Kindle Resources & Investments 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 81.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱344.89 Million | 28.90% |
| Common Stock | ₱840.66 Million | 70.44% |
| Other Components | ₱7.84 Million | 0.66% |
| Total Equity | ₱1.19 Billion | 100.00% |
Bright Kindle Resources & Investments Inc Competitors by Market Cap
The table below lists competitors of Bright Kindle Resources & Investments Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Abacus Financial Holdings Corp
PSE:FAF
|
$103.61 |
|
AIRTHINGS AS NK -01
F:64J
|
$103.71 |
|
Accentro Real Estate AG
F:A4Y
|
$104.15 |
|
Fuel Ventures Vct Plc
LSE:FVV
|
$104.39 |
|
Peer To Peer Network
PINK:PTOP
|
$103.46 |
|
HIPPO VALLEY ESTATES LIMITED
XZIM:HIPO
|
$103.00 |
|
Adynxx Inc
PINK:ADYX
|
$102.99 |
|
HAW Capital Corp
V:HAW-P
|
$102.34 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bright Kindle Resources & Investments Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,160,266,520 to 1,193,388,730, a change of 33,122,210 (2.9%).
- Net income of 32,189,710 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱32.19 Million | +2.7% |
| Other Changes | ₱932.50K | +0.08% |
| Total Change | ₱- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares Bright Kindle Resources & Investments 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: 0.78x
- 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 0.90x to 0.78x 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 | ₱0.67 | ₱0.61 | x |
| 2017-12-31 | ₱0.68 | ₱0.61 | x |
| 2018-12-31 | ₱0.63 | ₱0.61 | x |
| 2019-12-31 | ₱0.63 | ₱0.61 | x |
| 2020-12-31 | ₱0.67 | ₱0.61 | x |
| 2021-12-31 | ₱0.76 | ₱0.61 | x |
| 2022-12-31 | ₱0.78 | ₱0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bright Kindle Resources & Investments 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): 2.70%
- 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: 2.41x
- Recent ROE (2.70%) is above the historical average (1.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -2.90% | -1932.31% | 0.00x | 2.99x | ₱-133.19 Million |
| 2016 | -0.26% | -1129.49% | 0.00x | 2.80x | ₱-105.77 Million |
| 2017 | 0.85% | 5975.72% | 0.00x | 2.64x | ₱-95.53 Million |
| 2018 | -8.82% | -7694272.73% | 0.00x | 2.74x | ₱-180.60 Million |
| 2019 | 0.25% | 342291.30% | 0.00x | 2.74x | ₱-93.75 Million |
| 2020 | 5.97% | 3065406.03% | 0.00x | 2.64x | ₱-41.18 Million |
| 2021 | 11.87% | 18118048.68% | 0.00x | 2.45x | ₱21.67 Million |
| 2022 | 2.70% | 0.00% | 0.00x | 2.41x | ₱-87.15 Million |
Industry Comparison
This section compares Bright Kindle Resources & Investments Inc's net assets metrics with peer companies in the Investment Banking & Investment Services industry.
Industry Context
- Industry: Investment Banking & Investment Services
- Average net assets among peers: $4,429,024,742
- Average return on equity (ROE) among peers: 2.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bright Kindle Resources & Investments Inc (BKR) | ₱1.23 Billion | -2.90% | 1.36x | $103.55 |
| Abacore Capital Holdings Inc (ABA) | $16.32 Billion | 12.40% | 0.20x | $57.17 |
| Asiabest Group International Inc (ABG) | $258.08 Million | -1.75% | 0.00x | $3.34K |
| First Abacus Financial Holdings Corp (FAF) | $2.25 Billion | -0.16% | 1.69x | $103.61 |
| Medco Holdings Inc (MED) | $34.03 Million | -16.09% | 0.32x | $15.52 |
| Prime Media Holdings Inc (PRIM) | $-140.72 Million | 0.00% | 0.00x | $142.13 |
| Philippine Stock Exchange Inc (PSE) | $6.21 Billion | 11.71% | 0.07x | $32.93K |
| Republic Glass Holdings Corp (REG) | $1.59 Billion | 1.40% | 0.08x | $474.65 |
| Vantage Equities Inc (V) | $8.92 Billion | 11.72% | 0.42x | $152.32 |