Discovery World Corp
Discovery World Corp operates in Restaurants.
Discovery World Corp (DWC) - Net Assets
Latest net assets as of June 2023: ₱5.58 Billion PHP
Based on the latest financial reports, Discovery World Corp (DWC) has net assets worth ₱5.58 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 (₱11.99 Billion) and total liabilities (₱6.41 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 | ₱5.58 Billion |
| % of Total Assets | 46.54% |
| Annual Growth Rate | 29.09% |
| 5-Year Change | 404.12% |
| 10-Year Change | N/A |
| Growth Volatility | 116.39 |
Discovery World Corp - Net Assets Trend (2016–2022)
This chart illustrates how Discovery World 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 Discovery World Corp (2016–2022)
The table below shows the annual net assets of Discovery World Corp from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱5.64 Billion | +2.54% |
| 2021-12-31 | ₱5.50 Billion | +314.10% |
| 2020-12-31 | ₱1.33 Billion | +20.31% |
| 2019-12-31 | ₱1.10 Billion | -1.32% |
| 2018-12-31 | ₱1.12 Billion | -7.67% |
| 2017-12-31 | ₱1.21 Billion | -0.60% |
| 2016-12-31 | ₱1.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Discovery World 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 decreased by 226.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₱854.00 Million | 15.15% |
| Other Components | ₱5.08 Billion | 90.19% |
| Total Equity | ₱5.64 Billion | 100.00% |
Discovery World Corp Competitors by Market Cap
The table below lists competitors of Discovery World Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dewan Farooque Spinning Mills Ltd
KAR:DFSM
|
$172.09 |
|
Zoglo's Food Corp.
F:G8I
|
$172.20 |
|
LSE Capital Limited
KAR:LSECL
|
$172.31 |
|
Viaderma Inc
PINK:VDRM
|
$172.76 |
|
Ecclesiastical Insurance Office plc
LSE:ELLA
|
$171.57 |
|
Vista Land and Lifescapes Inc
PSE:VLL
|
$171.38 |
|
Hemp Naturals Inc
PINK:HPMM
|
$170.54 |
|
Media Times Ltd
KAR:MDTL
|
$169.81 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Discovery World Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 5,495,979,550 to 5,635,701,960, a change of 139,722,410 (2.5%).
- Net loss of 74,354,910 reduced equity.
- Other factors increased equity by 214,077,320.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱-74.35 Million | -1.32% |
| Other Changes | ₱214.08 Million | +3.8% |
| Total Change | ₱- | 2.54% |
Book Value vs Market Value Analysis
This analysis compares Discovery World 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: 0.15x
- 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 0.52x to 0.15x 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 | ₱1.95 | ₱1.02 | x |
| 2017-12-31 | ₱1.93 | ₱1.02 | x |
| 2018-12-31 | ₱1.79 | ₱1.02 | x |
| 2019-12-31 | ₱1.76 | ₱1.02 | x |
| 2020-12-31 | ₱1.55 | ₱1.02 | x |
| 2021-12-31 | ₱6.44 | ₱1.02 | x |
| 2022-12-31 | ₱6.60 | ₱1.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Discovery World 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): -1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.60%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.07x
- Recent ROE (-1.32%) is above the historical average (-8.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.55% | 3.34% | 0.20x | 2.36x | ₱-102.92 Million |
| 2017 | -0.60% | -1.10% | 0.18x | 2.96x | ₱-128.32 Million |
| 2018 | -11.04% | -22.73% | 0.12x | 3.96x | ₱-235.23 Million |
| 2019 | -3.07% | -3.53% | 0.19x | 4.50x | ₱-144.14 Million |
| 2020 | -39.74% | -203.12% | 0.05x | 4.20x | ₱-660.21 Million |
| 2021 | -2.97% | -60.51% | 0.02x | 2.05x | ₱-713.04 Million |
| 2022 | -1.32% | -9.60% | 0.07x | 2.07x | ₱-637.93 Million |
Industry Comparison
This section compares Discovery World Corp's net assets metrics with peer companies in the Hotels & Entertainment Services industry.
Industry Context
- Industry: Hotels & Entertainment Services
- Average net assets among peers: $3,316,736,624
- Average return on equity (ROE) among peers: -1.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Discovery World Corp (DWC) | ₱5.58 Billion | 1.55% | 1.15x | $171.59 |
| Acesite Hotel Corp (ACE) | $1.35 Billion | 5.51% | 0.72x | $198.99 |
| Figaro Coffee Group Inc (FCG) | $2.70 Billion | 17.11% | 0.19x | $95.08 |
| Pacificonline Systems Inc (LOTO) | $1.31 Billion | -24.42% | 0.31x | $277.44 |
| Max’s Group Inc (MAXS) | $3.98 Billion | 0.00% | 1.49x | $345.15 |
| PH Resorts Group Holdings Inc (PHR) | $4.34 Billion | -13.13% | 2.61x | $22.20 |
| Shakey’s Pizza Asia Ventures Inc (PIZZA) | $7.05 Billion | 12.41% | 1.51x | $1.12K |
| PhilWeb Corp (WEB) | $599.18 Million | -8.71% | 1.12x | $1.96K |
| Waterfront Philippines Inc (WPI) | $5.21 Billion | 0.81% | 1.05x | $71.34 |