Century Pacific Food Inc
Century Pacific Food Inc operates in Packaged Foods & Meats.
Century Pacific Food Inc (CNPF) - Net Assets
Latest net assets as of September 2023: ₱31.99 Billion PHP
Based on the latest financial reports, Century Pacific Food Inc (CNPF) has net assets worth ₱31.99 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 (₱52.81 Billion) and total liabilities (₱20.82 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 | ₱31.99 Billion |
| % of Total Assets | 60.58% |
| Annual Growth Rate | 20.26% |
| 5-Year Change | 72.08% |
| 10-Year Change | N/A |
| Growth Volatility | 13.92 |
Century Pacific Food Inc - Net Assets Trend (2014–2022)
This chart illustrates how Century Pacific Food 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 Century Pacific Food Inc (2014–2022)
The table below shows the annual net assets of Century Pacific Food Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱28.78 Billion | +15.63% |
| 2021-12-31 | ₱24.89 Billion | +16.10% |
| 2020-12-31 | ₱21.44 Billion | +11.91% |
| 2019-12-31 | ₱19.15 Billion | +14.53% |
| 2018-12-31 | ₱16.72 Billion | +15.48% |
| 2017-12-31 | ₱14.48 Billion | +15.51% |
| 2016-12-31 | ₱12.54 Billion | +21.19% |
| 2015-12-31 | ₱10.35 Billion | +57.24% |
| 2014-12-31 | ₱6.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Century Pacific Food 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 1199.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱20.27 Billion | 70.43% |
| Common Stock | ₱3.54 Billion | 12.31% |
| Other Components | ₱4.97 Billion | 17.26% |
| Total Equity | ₱28.78 Billion | 100.00% |
Century Pacific Food Inc Competitors by Market Cap
The table below lists competitors of Century Pacific Food Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colombo City Holdings PLC
CM:PHARN0000
|
$5.61K |
|
LIFE HEALTH GRP
BE:L53
|
$5.62K |
|
Egyptian Iron & Steel
EGX:IRON
|
$5.63K |
|
XXL Energy Corp
PINK:XLEFF
|
$5.63K |
|
LWSA3F
SA:LWSA3F
|
$5.61K |
|
LUG S.A
WAR:LUG
|
$5.60K |
|
AKKO INVEST PLC UF 25
F:8PL2
|
$5.60K |
|
Time Out Group plc
LSE:TMO
|
$5.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Century Pacific Food Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 24,887,917,910 to 28,778,992,820, a change of 3,891,074,910 (15.6%).
- Net income of 4,999,168,830 contributed positively to equity growth.
- Dividend payments of 1,275,213,090 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱5.00 Billion | +17.37% |
| Dividends Paid | ₱1.28 Billion | -4.43% |
| Other Changes | ₱167.12 Million | +0.58% |
| Total Change | ₱- | 15.63% |
Book Value vs Market Value Analysis
This analysis compares Century Pacific Food 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: 4.14x
- 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 9.50x to 4.14x 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 | ₱3.54 | ₱33.65 | x |
| 2017-12-31 | ₱4.09 | ₱33.65 | x |
| 2018-12-31 | ₱4.72 | ₱33.65 | x |
| 2019-12-31 | ₱5.41 | ₱33.65 | x |
| 2020-12-31 | ₱6.05 | ₱33.65 | x |
| 2021-12-31 | ₱7.03 | ₱33.65 | x |
| 2022-12-31 | ₱8.12 | ₱33.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Century Pacific Food 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): 17.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.03%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.68x
- Recent ROE (17.37%) is below the historical average (18.81%), 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 | 24.19% | 7.79% | 1.83x | 1.70x | ₱933.56 Million |
| 2015 | 18.69% | 8.29% | 1.39x | 1.62x | ₱898.99 Million |
| 2016 | 21.18% | 9.39% | 1.42x | 1.59x | ₱1.40 Billion |
| 2017 | 17.62% | 7.75% | 1.41x | 1.61x | ₱1.10 Billion |
| 2018 | 16.95% | 7.48% | 1.25x | 1.81x | ₱1.16 Billion |
| 2019 | 16.44% | 7.76% | 1.24x | 1.70x | ₱1.23 Billion |
| 2020 | 18.10% | 8.03% | 1.33x | 1.69x | ₱1.74 Billion |
| 2021 | 18.78% | 8.54% | 1.34x | 1.64x | ₱2.18 Billion |
| 2022 | 17.37% | 8.03% | 1.29x | 1.68x | ₱2.12 Billion |
Industry Comparison
This section compares Century Pacific Food Inc's net assets metrics with peer companies in the Food & Tobacco industry.
Industry Context
- Industry: Food & Tobacco
- Average net assets among peers: $7,461,220,464
- Average return on equity (ROE) among peers: 0.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Century Pacific Food Inc (CNPF) | ₱31.99 Billion | 24.19% | 0.65x | $5.61K |
| 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 |
| Central Azucarera de Tarlac Inc (CAT) | $3.84 Billion | 15.20% | 0.55x | $1.63K |
| 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 |