Central Azucarera de Tarlac Inc
Central Azucarera de Tarlac Inc operates in Packaged Foods & Meats.
Central Azucarera de Tarlac Inc (CAT) - Net Assets
Latest net assets as of June 2023: ₱3.49 Billion PHP
Based on the latest financial reports, Central Azucarera de Tarlac Inc (CAT) has net assets worth ₱3.49 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 (₱6.13 Billion) and total liabilities (₱2.64 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 | ₱3.49 Billion |
| % of Total Assets | 56.88% |
| Annual Growth Rate | 5.28% |
| 5-Year Change | -16.22% |
| 10-Year Change | N/A |
| Growth Volatility | 14.77 |
Central Azucarera de Tarlac Inc - Net Assets Trend (2014–2021)
This chart illustrates how Central Azucarera de Tarlac 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 Central Azucarera de Tarlac Inc (2014–2021)
The table below shows the annual net assets of Central Azucarera de Tarlac Inc from 2014 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | ₱3.22 Billion | +3.56% |
| 2020-12-31 | ₱3.11 Billion | -9.71% |
| 2019-12-31 | ₱3.44 Billion | -14.38% |
| 2018-12-31 | ₱4.02 Billion | +4.64% |
| 2017-12-31 | ₱3.84 Billion | +24.84% |
| 2016-12-31 | ₱3.08 Billion | +6.76% |
| 2015-12-31 | ₱2.88 Billion | +28.42% |
| 2014-12-31 | ₱2.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Central Azucarera de Tarlac 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 13244.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱2.29 Billion | 71.29% |
| Common Stock | ₱282.55 Million | 8.78% |
| Other Components | ₱641.06 Million | 19.92% |
| Total Equity | ₱3.22 Billion | 100.00% |
Central Azucarera de Tarlac Inc Competitors by Market Cap
The table below lists competitors of Central Azucarera de Tarlac Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Super Energy Power Plant Infrastructure Fund
BK:SUPEREIF
|
$1.63K |
|
ENJU3F
SA:ENJU3F
|
$1.64K |
|
Star Energy Group Plc
LSE:STAR
|
$1.64K |
|
Safetech Innovations SA
RO:SAFE
|
$1.64K |
|
CAMINO MIN
MU:XC01
|
$1.63K |
|
Security First Intl
PINK:SCFR
|
$1.63K |
|
Landore Resources Plc
LSE:LND
|
$1.63K |
|
Monks Investment Trust PLC
LSE:MNKS
|
$1.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Central Azucarera de Tarlac Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 3,106,834,560 to 3,217,518,090, a change of 110,683,530 (3.6%).
- Net income of 79,995,520 contributed positively to equity growth.
- Dividend payments of 1,187,080 reduced retained earnings.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱80.00 Million | +2.49% |
| Dividends Paid | ₱1.19 Million | -0.04% |
| Other Changes | ₱31.88 Million | +0.99% |
| Total Change | ₱- | 3.56% |
Book Value vs Market Value Analysis
This analysis compares Central Azucarera de Tarlac 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: 0.74x
- 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 0.98x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ₱10.20 | ₱9.95 | x |
| 2016-12-31 | ₱10.89 | ₱9.95 | x |
| 2017-12-31 | ₱13.59 | ₱9.95 | x |
| 2018-12-31 | ₱14.22 | ₱9.95 | x |
| 2019-12-31 | ₱14.43 | ₱9.95 | x |
| 2020-12-31 | ₱13.03 | ₱9.95 | x |
| 2021-12-31 | ₱13.49 | ₱9.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Central Azucarera de Tarlac 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): 2.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.57%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.82x
- Recent ROE (2.49%) is below the historical average (6.41%), 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 | 6.43% | 14.08% | 0.18x | 2.55x | ₱-80.16 Million |
| 2015 | 6.13% | 14.55% | 0.19x | 2.16x | ₱-111.50 Million |
| 2016 | 9.33% | 22.00% | 0.19x | 2.21x | ₱-20.53 Million |
| 2017 | 15.20% | 44.59% | 0.22x | 1.55x | ₱199.59 Million |
| 2018 | 8.81% | 21.95% | 0.28x | 1.46x | ₱-47.95 Million |
| 2019 | 2.47% | 5.58% | 0.28x | 1.56x | ₱-259.00 Million |
| 2020 | 0.40% | 0.92% | 0.23x | 1.91x | ₱-298.15 Million |
| 2021 | 2.49% | 5.57% | 0.25x | 1.82x | ₱-241.76 Million |
Industry Comparison
This section compares Central Azucarera de Tarlac Inc's net assets metrics with peer companies in the Food & Tobacco industry.
Industry Context
- Industry: Food & Tobacco
- Average net assets among peers: $9,162,777,129
- Average return on equity (ROE) among peers: 0.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Central Azucarera de Tarlac Inc (CAT) | ₱3.49 Billion | 6.43% | 0.76x | $1.63K |
| AgriNurture Inc (ANI) | $718.07 Million | -21.61% | 2.26x | $85.23 |
| Axelum Resources Corp (AXLM) | $4.65 Billion | 7.85% | 0.64x | $314.28 |
| 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 |