DDMP REIT Inc
DDMP REIT Inc operates in Diversified REITs.
DDMP REIT Inc (DDMPR) - Net Assets
Latest net assets as of June 2023: ₱51.26 Billion PHP
Based on the latest financial reports, DDMP REIT Inc (DDMPR) has net assets worth ₱51.26 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 (₱53.50 Billion) and total liabilities (₱2.24 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 | ₱51.26 Billion |
| % of Total Assets | 95.8% |
| Annual Growth Rate | 26.26% |
| 5-Year Change | 120.67% |
| 10-Year Change | N/A |
| Growth Volatility | 9.96 |
DDMP REIT Inc - Net Assets Trend (2016–2022)
This chart illustrates how DDMP REIT 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 DDMP REIT Inc (2016–2022)
The table below shows the annual net assets of DDMP REIT Inc from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱51.11 Billion | +24.75% |
| 2021-12-31 | ₱40.97 Billion | +15.36% |
| 2020-12-31 | ₱35.52 Billion | +13.27% |
| 2019-12-31 | ₱31.35 Billion | +35.37% |
| 2018-12-31 | ₱23.16 Billion | +40.59% |
| 2017-12-31 | ₱16.48 Billion | +30.52% |
| 2016-12-31 | ₱12.62 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DDMP REIT 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 9535.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱33.28 Billion | 65.12% |
| Common Stock | ₱17.83 Billion | 34.88% |
| Total Equity | ₱51.11 Billion | 100.00% |
DDMP REIT Inc Competitors by Market Cap
The table below lists competitors of DDMP REIT Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seraphim Space Investment Trust PLC
LSE:SSIT
|
$162.96 |
|
Global Gold Corporation
PINK:GBGD
|
$163.00 |
|
Subgen AI
ST:SUBGEN
|
$163.21 |
|
First Priority Tax Solutions Inc
PINK:FRFR
|
$163.35 |
|
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC
LSE:MCT
|
$162.68 |
|
Trojan Gold Inc.
F:KC1
|
$162.63 |
|
First State Financial Corporation
PINK:FSTF
|
$162.60 |
|
TIANJIN JIN.PUB.U.H YC-10
F:TL6
|
$162.23 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DDMP REIT Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 40,972,689,310 to 51,111,621,060, a change of 10,138,931,750 (24.7%).
- Net income of 12,104,481,130 contributed positively to equity growth.
- Dividend payments of 1,479,340,910 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱12.10 Billion | +23.68% |
| Dividends Paid | ₱1.48 Billion | -2.89% |
| Other Changes | ₱-486.21 Million | -0.95% |
| Total Change | ₱- | 24.75% |
Book Value vs Market Value Analysis
This analysis compares DDMP REIT 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: 0.37x
- 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 1.48x to 0.37x 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 | ₱0.71 | ₱1.05 | x |
| 2017-12-31 | ₱0.92 | ₱1.05 | x |
| 2018-12-31 | ₱1.30 | ₱1.05 | x |
| 2019-12-31 | ₱1.76 | ₱1.05 | x |
| 2020-12-31 | ₱1.99 | ₱1.05 | x |
| 2021-12-31 | ₱2.30 | ₱1.05 | x |
| 2022-12-31 | ₱2.87 | ₱1.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DDMP REIT 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): 23.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 256.24%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.04x
- Recent ROE (23.68%) is above the historical average (17.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.61% | 67.86% | 0.04x | 1.08x | ₱-932.60 Million |
| 2017 | 12.16% | 68.08% | 0.15x | 1.18x | ₱355.17 Million |
| 2018 | 27.92% | 69.12% | 0.31x | 1.30x | ₱4.15 Billion |
| 2019 | 21.34% | 69.16% | 0.23x | 1.35x | ₱3.56 Billion |
| 2020 | 14.32% | 69.13% | 0.16x | 1.28x | ₱1.54 Billion |
| 2021 | 17.51% | 93.18% | 0.15x | 1.22x | ₱3.08 Billion |
| 2022 | 23.68% | 256.24% | 0.09x | 1.04x | ₱6.99 Billion |
Industry Comparison
This section compares DDMP REIT Inc's net assets metrics with peer companies in the Residential & Commercial REITs industry.
Industry Context
- Industry: Residential & Commercial REITs
- Average net assets among peers: $23,504,759,670
- Average return on equity (ROE) among peers: 11.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DDMP REIT Inc (DDMPR) | ₱51.26 Billion | 2.61% | 0.04x | $162.82 |
| AyalaLand REIT Inc. (AREIT) | $60.07 Billion | 4.81% | 0.13x | $6.24K |
| Citicore Energy REIT Corp (CREIT) | $460.99 Million | 17.26% | 2.66x | $520.58 |
| Filinvest REIT Corp (FILRT) | $4.82 Billion | 27.95% | 1.80x | $471.78 |
| MREIT Inc (MREIT) | $52.16 Billion | 3.86% | 0.17x | $2.25K |
| RL Commercial REIT Inc (RCR) | $6.60 Million | 3.50% | 0.01x | $1.06K |