Easycall Communications Philippines Inc
Easycall Communications Philippines Inc operates in Integrated Telecommunication Services.
Easycall Communications Philippines Inc (ECP) - Net Assets
Latest net assets as of June 2023: ₱282.64 Million PHP
Based on the latest financial reports, Easycall Communications Philippines Inc (ECP) has net assets worth ₱282.64 Million PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱673.55 Million) and total liabilities (₱390.91 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 | ₱282.64 Million |
| % of Total Assets | 41.96% |
| Annual Growth Rate | 11.99% |
| 5-Year Change | 38.69% |
| 10-Year Change | N/A |
| Growth Volatility | 15.7 |
Easycall Communications Philippines Inc - Net Assets Trend (2015–2022)
This chart illustrates how Easycall Communications Philippines 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 Easycall Communications Philippines Inc (2015–2022)
The table below shows the annual net assets of Easycall Communications Philippines Inc from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱274.00 Million | +34.67% |
| 2021-12-31 | ₱203.46 Million | +8.91% |
| 2020-12-31 | ₱186.81 Million | +1.67% |
| 2019-12-31 | ₱183.74 Million | -7.00% |
| 2018-12-31 | ₱197.56 Million | +38.34% |
| 2017-12-31 | ₱142.82 Million | +8.91% |
| 2016-12-31 | ₱131.13 Million | +5.77% |
| 2015-12-31 | ₱123.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Easycall Communications Philippines 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 14680209000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱121.48 Million | 44.34% |
| Common Stock | ₱150.00 Million | 54.75% |
| Other Components | ₱2.52 Million | 0.92% |
| Total Equity | ₱274.00 Million | 100.00% |
Easycall Communications Philippines Inc Competitors by Market Cap
The table below lists competitors of Easycall Communications Philippines Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solar Integrated Roofing Corp
PINK:SIRC
|
$417.26 |
|
Strategic Equity Capital Closed Fund
LSE:SEC
|
$417.81 |
|
KENYA AIRWAYS LTD
USE:KA
|
$418.50 |
|
West River Berhad
KLSE:0353
|
$419.82 |
|
Decimus Oil Corp.
V:WCSB
|
$417.00 |
|
CAPITAL METALS LS-002
F:N9R
|
$416.79 |
|
Dear Cashmere Holding Company
PINK:DRCR
|
$416.35 |
|
Hum Network Limited
KAR:HUMNL
|
$416.26 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Easycall Communications Philippines Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 203,458,760 to 273,996,320, a change of 70,537,560 (34.7%).
- Net income of 35,248,240 contributed positively to equity growth.
- Other factors increased equity by 35,289,320.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱35.25 Million | +12.86% |
| Other Changes | ₱35.29 Million | +12.88% |
| Total Change | ₱- | 34.67% |
Book Value vs Market Value Analysis
This analysis compares Easycall Communications Philippines 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: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.00x to 1.43x 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 | ₱0.87 | ₱2.62 | x |
| 2017-12-31 | ₱0.95 | ₱2.62 | x |
| 2018-12-31 | ₱1.32 | ₱2.62 | x |
| 2019-12-31 | ₱1.22 | ₱2.62 | x |
| 2020-12-31 | ₱1.25 | ₱2.62 | x |
| 2021-12-31 | ₱1.36 | ₱2.62 | x |
| 2022-12-31 | ₱1.83 | ₱2.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Easycall Communications Philippines 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): 12.86%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.13%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 2.39x
- Recent ROE (12.86%) is above the historical average (8.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 10.52% | 41.53% | 0.21x | 1.21x | ₱639.22K |
| 2016 | 5.93% | 17.11% | 0.28x | 1.22x | ₱-5.34 Million |
| 2017 | 7.26% | 19.62% | 0.30x | 1.23x | ₱-3.91 Million |
| 2018 | 27.93% | 87.16% | 0.29x | 1.11x | ₱35.42 Million |
| 2019 | -6.34% | -16.16% | 0.29x | 1.36x | ₱-30.03 Million |
| 2020 | 2.90% | 6.67% | 0.33x | 1.34x | ₱-13.26 Million |
| 2021 | 8.94% | 20.95% | 0.33x | 1.30x | ₱-2.16 Million |
| 2022 | 12.86% | 8.13% | 0.66x | 2.39x | ₱7.85 Million |
Industry Comparison
This section compares Easycall Communications Philippines Inc's net assets metrics with peer companies in the Telecommunications Services industry.
Industry Context
- Industry: Telecommunications Services
- Average net assets among peers: $52,002,324,466
- Average return on equity (ROE) among peers: 10.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Easycall Communications Philippines Inc (ECP) | ₱282.64 Million | 10.52% | 1.38x | $417.26 |
| Converge Information & Communications Technology Solutions Inc (CNVRG) | $27.77 Billion | 12.20% | 1.04x | $2.16K |
| Dito CME Holdings Corp (DITO) | $2.18 Billion | -0.61% | 0.00x | $93.19 |
| Globe Telecom Inc (GLO) | $114.10 Billion | 20.73% | 3.02x | $270.95K |
| Transpacific Broadband Group International Inc (TBGI) | $546.44 Million | 0.13% | 0.09x | $18.89 |
| PLDT Inc (TEL) | $115.41 Billion | 21.04% | 3.99x | $207.41K |