Cosco Capital Inc
Cosco Capital Inc operates in Other Specialty Retail.
Cosco Capital Inc (COSCO) - Net Assets
Latest net assets as of June 2023: ₱90.54 Billion PHP
Based on the latest financial reports, Cosco Capital Inc (COSCO) has net assets worth ₱90.54 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 (₱207.82 Billion) and total liabilities (₱117.28 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 | ₱90.54 Billion |
| % of Total Assets | 43.57% |
| Annual Growth Rate | 9.33% |
| 5-Year Change | 48.25% |
| 10-Year Change | N/A |
| Growth Volatility | 3.74 |
Cosco Capital Inc - Net Assets Trend (2014–2022)
This chart illustrates how Cosco Capital 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 Cosco Capital Inc (2014–2022)
The table below shows the annual net assets of Cosco Capital Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱87.07 Billion | +7.10% |
| 2021-12-31 | ₱81.30 Billion | +9.54% |
| 2020-12-31 | ₱74.23 Billion | +6.32% |
| 2019-12-31 | ₱69.81 Billion | +18.86% |
| 2018-12-31 | ₱58.73 Billion | +9.09% |
| 2017-12-31 | ₱53.84 Billion | +6.97% |
| 2016-12-31 | ₱50.33 Billion | +8.37% |
| 2015-12-31 | ₱46.44 Billion | +8.84% |
| 2014-12-31 | ₱42.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cosco Capital 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 176.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱71.62 Billion | 82.25% |
| Common Stock | ₱7.41 Billion | 8.50% |
| Other Components | ₱8.05 Billion | 9.24% |
| Total Equity | ₱87.07 Billion | 100.00% |
Cosco Capital Inc Competitors by Market Cap
The table below lists competitors of Cosco Capital Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reko International Group Inc
PINK:RKIGF
|
$1.06K |
|
Wilcon Depot Inc
PSE:WLCON
|
$1.06K |
|
Olympia Spinning and Weaving Mills Ltd
KAR:OML
|
$1.06K |
|
RL Commercial REIT Inc
PSE:RCR
|
$1.06K |
|
Thermogenesis Holdings Inc
NASDAQ:THMO
|
$1.06K |
|
REX INTERNATIONAL (RXI.SG)
STU:RXI
|
$1.06K |
|
Arc Minerals Limited
LSE:ARCM
|
$1.06K |
|
The Organic Meat
KAR:TOMCL
|
$1.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cosco Capital Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 81,303,153,000 to 87,074,444,000, a change of 5,771,291,000 (7.1%).
- Net income of 7,054,012,000 contributed positively to equity growth.
- Dividend payments of 1,632,976,000 reduced retained earnings.
- Share repurchases of 131,800,000 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱7.05 Billion | +8.1% |
| Dividends Paid | ₱1.63 Billion | -1.88% |
| Share Repurchases | ₱131.80 Million | -0.15% |
| Other Changes | ₱482.06 Million | +0.55% |
| Total Change | ₱- | 7.10% |
Book Value vs Market Value Analysis
This analysis compares Cosco Capital 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: 0.51x
- 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 0.97x to 0.51x 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 | ₱7.06 | ₱6.83 | x |
| 2017-12-31 | ₱7.56 | ₱6.83 | x |
| 2018-12-31 | ₱8.36 | ₱6.83 | x |
| 2019-12-31 | ₱9.98 | ₱6.83 | x |
| 2020-12-31 | ₱10.67 | ₱6.83 | x |
| 2021-12-31 | ₱11.70 | ₱6.83 | x |
| 2022-12-31 | ₱13.42 | ₱6.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cosco Capital 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): 8.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.58%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.51x
- Recent ROE (8.10%) is below the historical average (9.65%), 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 | 9.44% | 4.08% | 1.10x | 2.10x | ₱-240.17 Million |
| 2015 | 9.67% | 3.85% | 1.20x | 2.10x | ₱-153.80 Million |
| 2016 | 9.41% | 3.66% | 1.26x | 2.04x | ₱-298.89 Million |
| 2017 | 8.79% | 3.25% | 1.13x | 2.39x | ₱-652.29 Million |
| 2018 | 9.16% | 3.20% | 1.21x | 2.38x | ₱-492.01 Million |
| 2019 | 16.61% | 6.98% | 1.08x | 2.21x | ₱4.62 Billion |
| 2020 | 7.95% | 3.33% | 1.00x | 2.40x | ₱-1.52 Billion |
| 2021 | 7.74% | 3.61% | 0.93x | 2.31x | ₱-1.84 Billion |
| 2022 | 8.10% | 3.58% | 0.90x | 2.51x | ₱-1.65 Billion |
Industry Comparison
This section compares Cosco Capital Inc's net assets metrics with peer companies in the Food & Drug Retailing industry.
Industry Context
- Industry: Food & Drug Retailing
- Average net assets among peers: $2,537,497,948
- Average return on equity (ROE) among peers: 14.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cosco Capital Inc (COSCO) | ₱90.54 Billion | 9.44% | 1.30x | $1.06K |
| AllDay Marts Inc (ALLDY) | $6.37 Billion | 6.07% | 0.38x | $5.53 |
| Fruitas Holdings Inc (FRUIT) | $1.22 Billion | -1.34% | 0.34x | $113.91 |
| Keepers Holdings Inc (KEEPR) | $15.13 Million | -6.93% | 0.58x | $340.35 |
| Merrymart Consumer Corp (MM) | $39.64 Million | 50.45% | 4.79x | $66.57 |
| Philippine Seven Corp (SEVN) | $5.04 Billion | 23.32% | 1.45x | $5.66K |