Filinvest Land Inc
Filinvest Land Inc operates in Real Estate Development.
Filinvest Land Inc (FLI) - Net Assets
Latest net assets as of June 2023: ₱90.07 Billion PHP
Based on the latest financial reports, Filinvest Land Inc (FLI) has net assets worth ₱90.07 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 (₱201.29 Billion) and total liabilities (₱111.22 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 | ₱90.07 Billion |
| % of Total Assets | 44.75% |
| Annual Growth Rate | 7.04% |
| 5-Year Change | 33.59% |
| 10-Year Change | N/A |
| Growth Volatility | 4.64 |
Filinvest Land Inc - Net Assets Trend (2014–2022)
This chart illustrates how Filinvest Land 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 Filinvest Land Inc (2014–2022)
The table below shows the annual net assets of Filinvest Land Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱89.55 Billion | +2.09% |
| 2021-12-31 | ₱87.72 Billion | +18.42% |
| 2020-12-31 | ₱74.07 Billion | +2.97% |
| 2019-12-31 | ₱71.94 Billion | +7.31% |
| 2018-12-31 | ₱67.03 Billion | +5.99% |
| 2017-12-31 | ₱63.25 Billion | +6.91% |
| 2016-12-31 | ₱59.16 Billion | +6.40% |
| 2015-12-31 | ₱55.60 Billion | +7.00% |
| 2014-12-31 | ₱51.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Filinvest Land 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 169.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱59.54 Billion | 66.49% |
| Common Stock | ₱24.47 Billion | 27.33% |
| Other Components | ₱5.54 Billion | 6.18% |
| Total Equity | ₱89.55 Billion | 100.00% |
Filinvest Land Inc Competitors by Market Cap
The table below lists competitors of Filinvest Land Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neximmune Inc
PINK:NEXI
|
$117.84 |
|
Powerstorm Holdings Inc
PINK:PSTO
|
$117.88 |
|
HVA Foods PLC
CM:HVAN0000
|
$117.89 |
|
CLANCY EXP
BE:CK1
|
$118.01 |
|
United Arab Shipping
EGX:UASG
|
$117.24 |
|
Amatheon Agri Holding NV
PA:MLAAH
|
$117.04 |
|
Global-Estate Resorts Inc
PSE:GERI
|
$116.79 |
|
Fox Marble Holdings PLC
LSE:FOX
|
$116.42 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Filinvest Land Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 87,720,681,000 to 89,552,011,000, a change of 1,831,330,000 (2.1%).
- Net income of 2,889,915,000 contributed positively to equity growth.
- Dividend payments of 1,140,525,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱2.89 Billion | +3.23% |
| Dividends Paid | ₱1.14 Billion | -1.27% |
| Other Changes | ₱81.94 Million | +0.09% |
| Total Change | ₱- | 2.09% |
Book Value vs Market Value Analysis
This analysis compares Filinvest Land 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: 0.20x
- 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 0.31x to 0.20x 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 | ₱2.44 | ₱0.75 | x |
| 2017-12-31 | ₱2.61 | ₱0.75 | x |
| 2018-12-31 | ₱2.76 | ₱0.75 | x |
| 2019-12-31 | ₱2.97 | ₱0.75 | x |
| 2020-12-31 | ₱3.05 | ₱0.75 | x |
| 2021-12-31 | ₱3.62 | ₱0.75 | x |
| 2022-12-31 | ₱3.69 | ₱0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Filinvest Land 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): 3.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.06%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.23x
- Recent ROE (3.23%) is below the historical average (7.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.74% | 28.67% | 0.15x | 2.05x | ₱-654.58 Million |
| 2015 | 9.01% | 29.48% | 0.14x | 2.18x | ₱-548.22 Million |
| 2016 | 8.87% | 29.75% | 0.14x | 2.19x | ₱-668.49 Million |
| 2017 | 8.99% | 31.30% | 0.13x | 2.29x | ₱-639.18 Million |
| 2018 | 8.79% | 29.45% | 0.13x | 2.37x | ₱-809.08 Million |
| 2019 | 8.73% | 26.16% | 0.14x | 2.41x | ₱-910.22 Million |
| 2020 | 5.04% | 21.50% | 0.10x | 2.44x | ₱-3.67 Billion |
| 2021 | 4.34% | 22.55% | 0.09x | 2.20x | ₱-4.97 Billion |
| 2022 | 3.23% | 15.06% | 0.10x | 2.23x | ₱-6.07 Billion |
Industry Comparison
This section compares Filinvest Land 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 |
|---|---|---|---|---|
| Filinvest Land Inc (FLI) | ₱90.07 Billion | 8.74% | 1.23x | $117.58 |
| 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 |