Empire East Land Holdings Inc
Empire East Land Holdings Inc operates in Real Estate Development.
Empire East Land Holdings Inc (ELI) - Net Assets
Latest net assets as of June 2023: ₱28.55 Billion PHP
Based on the latest financial reports, Empire East Land Holdings Inc (ELI) has net assets worth ₱28.55 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 (₱48.54 Billion) and total liabilities (₱19.98 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 | ₱28.55 Billion |
| % of Total Assets | 58.83% |
| Annual Growth Rate | 2.06% |
| 5-Year Change | 7.85% |
| 10-Year Change | N/A |
| Growth Volatility | 1.54 |
Empire East Land Holdings Inc - Net Assets Trend (2015–2021)
This chart illustrates how Empire East Land Holdings 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 Empire East Land Holdings Inc (2015–2021)
The table below shows the annual net assets of Empire East Land Holdings Inc from 2015 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | ₱27.20 Billion | +3.74% |
| 2020-12-31 | ₱26.22 Billion | +1.64% |
| 2019-12-31 | ₱25.79 Billion | +2.61% |
| 2018-12-31 | ₱25.14 Billion | -0.31% |
| 2017-12-31 | ₱25.22 Billion | +3.98% |
| 2016-12-31 | ₱24.25 Billion | +0.77% |
| 2015-12-31 | ₱24.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Empire East Land Holdings 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 85.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱7.83 Billion | 28.79% |
| Common Stock | ₱14.80 Billion | 54.43% |
| Other Components | ₱4.56 Billion | 16.78% |
| Total Equity | ₱27.20 Billion | 100.00% |
Empire East Land Holdings Inc Competitors by Market Cap
The table below lists competitors of Empire East Land Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tian'an Pharmaceutical Co Ltd
PINK:TNPH
|
$17.24 |
|
Oxford Technology 2 Venture Capital Trust PLC
LSE:OT1
|
$17.31 |
|
Tigere Real Estate Investment Trust
XZIM:TIG
|
$17.39 |
|
MASHONALAND HOLDINGS LIMITED
XZIM:MASH
|
$17.45 |
|
Torque Lifestyle Brands Inc
PINK:TQLB
|
$17.06 |
|
Rokeby Resources Limited
AU:RKB
|
$17.02 |
|
RAINBOW TOURISM GROUP LIMITED
XZIM:RTG
|
$17.02 |
|
Omico Corp
PSE:OM
|
$16.89 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empire East Land Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 26,215,319,670 to 27,196,175,580, a change of 980,855,910 (3.7%).
- Net income of 805,765,520 contributed positively to equity growth.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱805.77 Million | +2.96% |
| Other Changes | ₱175.09 Million | +0.64% |
| Total Change | ₱- | 3.74% |
Book Value vs Market Value Analysis
This analysis compares Empire East Land Holdings 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: 0.06x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱1.65 | ₱0.11 | x |
| 2017-12-31 | ₱1.72 | ₱0.11 | x |
| 2018-12-31 | ₱1.71 | ₱0.11 | x |
| 2019-12-31 | ₱1.76 | ₱0.11 | x |
| 2020-12-31 | ₱1.79 | ₱0.11 | x |
| 2021-12-31 | ₱1.85 | ₱0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empire East Land Holdings 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): 2.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.78%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.70x
- Recent ROE (2.96%) is above the historical average (2.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 2.27% | 10.80% | 0.14x | 1.55x | ₱-1.86 Billion |
| 2016 | 2.15% | 10.58% | 0.13x | 1.51x | ₱-1.90 Billion |
| 2017 | 2.26% | 11.70% | 0.12x | 1.56x | ₱-1.95 Billion |
| 2018 | 2.13% | 12.02% | 0.10x | 1.69x | ₱-1.98 Billion |
| 2019 | 2.41% | 11.92% | 0.12x | 1.74x | ₱-1.96 Billion |
| 2020 | 2.03% | 10.40% | 0.11x | 1.73x | ₱-2.09 Billion |
| 2021 | 2.96% | 17.78% | 0.10x | 1.70x | ₱-1.91 Billion |
Industry Comparison
This section compares Empire East Land Holdings Inc's net assets metrics with peer companies in the Real Estate Operations industry.
Industry Context
- Industry: Real Estate Operations
- Average net assets among peers: $6,509,544,787
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empire East Land Holdings Inc (ELI) | ₱28.55 Billion | 2.27% | 0.70x | $17.20 |
| ArthaLand Corp (ALCO) | $5.24 Billion | 6.36% | 1.35x | $73.64 |
| ArthaLand Corp Preferred Series D (ALCPD) | $5.11 Billion | 16.44% | 0.97x | $81.17K |
| Anchor Land Holdings Inc (ALHI) | $9.19 Billion | 5.63% | 3.26x | $747.44 |
| Altus Property Ventures Inc (APVI) | $585.17 Million | 11.02% | 0.17x | $1.35K |
| ATN Holdings Inc B (ATNB) | $2.13 Billion | 14.46% | 0.47x | $72.65 |
| Belle Corp (BEL) | $26.47 Billion | 10.00% | 0.61x | $207.65 |
| A Brown Company Inc (BRN) | $5.97 Billion | 6.66% | 0.44x | $136.11 |
| Cityland Development Corp (CDC) | $6.74 Billion | 7.20% | 0.44x | $90.80 |
| Crown Equities Inc (CEI) | $2.14 Billion | 2.37% | 0.17x | $12.26 |
| Cebu Landmasters Inc (CLI) | $1.52 Billion | 51.08% | 2.34x | $380.70 |