Crown Asia Chemicals Corp
Crown Asia Chemicals Corp operates in Commodity Chemicals.
Crown Asia Chemicals Corp (CROWN) - Net Assets
Latest net assets as of June 2023: ₱1.84 Billion PHP
Based on the latest financial reports, Crown Asia Chemicals Corp (CROWN) has net assets worth ₱1.84 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 (₱2.17 Billion) and total liabilities (₱325.58 Million). 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 | ₱1.84 Billion |
| % of Total Assets | 84.97% |
| Annual Growth Rate | 10.96% |
| 5-Year Change | 63.85% |
| 10-Year Change | N/A |
| Growth Volatility | 5.62 |
Crown Asia Chemicals Corp - Net Assets Trend (2015–2022)
This chart illustrates how Crown Asia Chemicals 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 Crown Asia Chemicals Corp (2015–2022)
The table below shows the annual net assets of Crown Asia Chemicals Corp from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱1.76 Billion | +10.79% |
| 2021-12-31 | ₱1.59 Billion | +24.26% |
| 2020-12-31 | ₱1.28 Billion | +8.45% |
| 2019-12-31 | ₱1.18 Billion | +9.74% |
| 2018-12-31 | ₱1.07 Billion | +5.25% |
| 2017-12-31 | ₱1.02 Billion | +9.47% |
| 2016-12-31 | ₱932.45 Million | +9.71% |
| 2015-12-31 | ₱849.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Crown Asia Chemicals 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 563.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱883.56 Million | 50.19% |
| Common Stock | ₱630.80 Million | 35.83% |
| Other Components | ₱246.00 Million | 13.97% |
| Total Equity | ₱1.76 Billion | 100.00% |
Crown Asia Chemicals Corp Competitors by Market Cap
The table below lists competitors of Crown Asia Chemicals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minerva Surgical Inc
PINK:UTRS
|
$276.91 |
|
Botswana Diamonds plc
LSE:BOD
|
$276.95 |
|
Bunnys Limited
KAR:BNL
|
$277.00 |
|
DANNEX AYRTON STARWIN PLC
GSE:DASPHARMA
|
$277.08 |
|
NAMIBIAN COPPER
BE:42N
|
$275.80 |
|
One Health Group Plc
LSE:OHGR
|
$275.73 |
|
Beacon Rise Holdings PLC
LSE:BRS
|
$274.78 |
|
Rosslyn Data Technologies plc
LSE:RDT
|
$274.56 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Crown Asia Chemicals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,588,880,730 to 1,760,357,650, a change of 171,476,920 (10.8%).
- Net income of 228,900,310 contributed positively to equity growth.
- Dividend payments of 61,063,900 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱228.90 Million | +13.0% |
| Dividends Paid | ₱61.06 Million | -3.47% |
| Other Changes | ₱3.64 Million | +0.21% |
| Total Change | ₱- | 10.79% |
Book Value vs Market Value Analysis
This analysis compares Crown Asia Chemicals 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: 0.60x
- 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 1.16x to 0.60x 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 | ₱1.48 | ₱1.72 | x |
| 2017-12-31 | ₱1.62 | ₱1.72 | x |
| 2018-12-31 | ₱1.70 | ₱1.72 | x |
| 2019-12-31 | ₱1.93 | ₱1.72 | x |
| 2020-12-31 | ₱2.09 | ₱1.72 | x |
| 2021-12-31 | ₱2.60 | ₱1.72 | x |
| 2022-12-31 | ₱2.88 | ₱1.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Crown Asia Chemicals 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): 13.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.00%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.18x
- Recent ROE (13.00%) is above the historical average (11.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.78% | 9.33% | 1.07x | 1.18x | ₱15.16 Million |
| 2016 | 12.29% | 10.27% | 0.97x | 1.23x | ₱21.32 Million |
| 2017 | 11.47% | 9.33% | 1.04x | 1.18x | ₱15.02 Million |
| 2018 | 10.95% | 9.91% | 0.90x | 1.22x | ₱10.17 Million |
| 2019 | 11.57% | 9.52% | 0.91x | 1.33x | ₱18.51 Million |
| 2020 | 9.48% | 10.85% | 0.68x | 1.28x | ₱-6.62 Million |
| 2021 | 14.12% | 12.88% | 0.87x | 1.26x | ₱65.42 Million |
| 2022 | 13.00% | 13.00% | 0.85x | 1.18x | ₱52.86 Million |
Industry Comparison
This section compares Crown Asia Chemicals Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,156,028,603
- Average return on equity (ROE) among peers: 2.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Crown Asia Chemicals Corp (CROWN) | ₱1.84 Billion | 11.78% | 0.18x | $276.56 |
| Metro Alliance Holdings & Equities Corp (MAH) | $-59.32 Million | 0.00% | 0.00x | $74.63 |
| Mabuhay Vinyl Corp (MVC) | $1.65 Billion | 7.68% | 0.17x | $900.20 |
| SBS Philippines Corp (SBS) | $4.88 Billion | 0.38% | 0.73x | $544.26 |