Integrated Micro-Electronics Inc
Integrated Micro-Electronics Inc operates in Semiconductor Materials & Equipment.
Integrated Micro-Electronics Inc (IMI) - Net Assets
Latest net assets as of June 2023: ₱303.27 Million PHP
Based on the latest financial reports, Integrated Micro-Electronics Inc (IMI) has net assets worth ₱303.27 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 (₱1.07 Billion) and total liabilities (₱768.47 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 | ₱303.27 Million |
| % of Total Assets | 28.3% |
| Annual Growth Rate | 5.6% |
| 5-Year Change | -6.38% |
| 10-Year Change | N/A |
| Growth Volatility | 17.96 |
Integrated Micro-Electronics Inc - Net Assets Trend (2014–2022)
This chart illustrates how Integrated Micro-Electronics 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 Integrated Micro-Electronics Inc (2014–2022)
The table below shows the annual net assets of Integrated Micro-Electronics Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱377.31 Million | -6.74% |
| 2021-12-31 | ₱404.60 Million | -9.63% |
| 2020-12-31 | ₱447.69 Million | +17.03% |
| 2019-12-31 | ₱382.55 Million | -5.08% |
| 2018-12-31 | ₱403.04 Million | +47.36% |
| 2017-12-31 | ₱273.50 Million | +15.59% |
| 2016-12-31 | ₱236.61 Million | +1.88% |
| 2015-12-31 | ₱232.24 Million | -4.84% |
| 2014-12-31 | ₱244.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Integrated Micro-Electronics 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 63.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱192.18 Million | 50.94% |
| Common Stock | ₱42.72 Million | 11.32% |
| Other Components | ₱142.41 Million | 37.74% |
| Total Equity | ₱377.31 Million | 100.00% |
Integrated Micro-Electronics Inc Competitors by Market Cap
The table below lists competitors of Integrated Micro-Electronics Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reem Capital Corp.
V:REEM-P
|
$514.68 |
|
Meraki Acquisition One Inc.
V:MRKI-P
|
$514.84 |
|
FLOUR MILLS NIGERIA PLC
XNSA:FLOURMILL
|
$514.90 |
|
Invesco Asia Dragon Trust plc
LSE:IAD
|
$515.30 |
|
ETAO International Co., Ltd.
PINK:ETAOF
|
$511.79 |
|
BlackRock Latin American Investment Trust plc
LSE:BRLA
|
$510.91 |
|
Surgical Innovations Group plc
LSE:SUN
|
$510.74 |
|
Wellnex Life Limited
LSE:WNX
|
$510.69 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Integrated Micro-Electronics Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 404,598,670 to 377,309,500, a change of -27,289,170 (-6.7%).
- Net loss of 6,756,930 reduced equity.
- Other factors decreased equity by 20,532,240.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱-6.76 Million | -1.79% |
| Other Changes | ₱-20.53 Million | -5.44% |
| Total Change | ₱- | -6.74% |
Book Value vs Market Value Analysis
This analysis compares Integrated Micro-Electronics 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: 18.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 24.73x to 18.22x 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 | ₱0.13 | ₱3.10 | x |
| 2017-12-31 | ₱0.14 | ₱3.10 | x |
| 2018-12-31 | ₱0.18 | ₱3.10 | x |
| 2019-12-31 | ₱0.18 | ₱3.10 | x |
| 2020-12-31 | ₱0.21 | ₱3.10 | x |
| 2021-12-31 | ₱0.19 | ₱3.10 | x |
| 2022-12-31 | ₱0.17 | ₱3.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Integrated Micro-Electronics 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): -1.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.48%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 2.93x
- Recent ROE (-1.79%) is below the historical average (5.86%), 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 | 11.93% | 3.45% | 1.53x | 2.26x | ₱4.71 Million |
| 2015 | 12.40% | 3.54% | 1.58x | 2.22x | ₱5.57 Million |
| 2016 | 11.88% | 3.34% | 1.32x | 2.70x | ₱4.46 Million |
| 2017 | 12.43% | 3.12% | 1.18x | 3.37x | ₱6.65 Million |
| 2018 | 11.29% | 3.37% | 1.25x | 2.67x | ₱5.20 Million |
| 2019 | -2.03% | -0.62% | 1.14x | 2.87x | ₱-46.04 Million |
| 2020 | -0.77% | -0.30% | 1.00x | 2.53x | ₱-48.22 Million |
| 2021 | -2.61% | -0.81% | 1.16x | 2.78x | ₱-51.02 Million |
| 2022 | -1.79% | -0.48% | 1.28x | 2.93x | ₱-44.49 Million |
Industry Comparison
This section compares Integrated Micro-Electronics Inc's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $530,118,605
- Average return on equity (ROE) among peers: 16.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Integrated Micro-Electronics Inc (IMI) | ₱303.27 Million | 11.93% | 2.53x | $512.41 |
| Greenergy Holdings Inc (GREEN) | $1.04 Billion | 2.30% | 0.37x | $29.14 |
| Cirtek Holdings Philippines Corp Preferred (TCB2D) | $25.21 Million | 30.18% | 3.86x | $1.17K |