Mabuhay Vinyl Corp
Mabuhay Vinyl Corp operates in Commodity Chemicals.
Mabuhay Vinyl Corp (MVC) - Net Assets
Latest net assets as of June 2023: ₱3.56 Billion PHP
Based on the latest financial reports, Mabuhay Vinyl Corp (MVC) has net assets worth ₱3.56 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 (₱4.19 Billion) and total liabilities (₱628.55 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 | ₱3.56 Billion |
| % of Total Assets | 84.98% |
| Annual Growth Rate | 13.16% |
| 5-Year Change | 54.47% |
| 10-Year Change | N/A |
| Growth Volatility | 8.24 |
Mabuhay Vinyl Corp - Net Assets Trend (2015–2022)
This chart illustrates how Mabuhay Vinyl 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 Mabuhay Vinyl Corp (2015–2022)
The table below shows the annual net assets of Mabuhay Vinyl Corp from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱3.38 Billion | +11.65% |
| 2021-12-31 | ₱3.03 Billion | +9.86% |
| 2020-12-31 | ₱2.75 Billion | +10.30% |
| 2019-12-31 | ₱2.50 Billion | +14.18% |
| 2018-12-31 | ₱2.19 Billion | +32.94% |
| 2017-12-31 | ₱1.65 Billion | +7.67% |
| 2016-12-31 | ₱1.53 Billion | +7.46% |
| 2015-12-31 | ₱1.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mabuhay Vinyl 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 grown by 364.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱2.14 Billion | 63.24% |
| Common Stock | ₱661.31 Million | 19.57% |
| Other Components | ₱580.78 Million | 17.19% |
| Total Equity | ₱3.38 Billion | 100.00% |
Mabuhay Vinyl Corp Competitors by Market Cap
The table below lists competitors of Mabuhay Vinyl Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Whitewater Acquisition Corp.
V:WWA-P
|
$901.46 |
|
Gaussin SA
MU:1KK1
|
$901.67 |
|
National Drilling
EGX:NDRL
|
$902.10 |
|
CNC Capital Viet Nam JSC
VN:KSQ
|
$902.93 |
|
Cannabotech Ltd
TA:CNTC
|
$899.93 |
|
E-COMMODITIES HOLDINGS
F:WWY1
|
$899.90 |
|
NASCON ALLIED INDUSTRIES PLC
XNSA:NASCON
|
$899.78 |
|
Amana Bank Ltd
CM:ABLN0000
|
$898.91 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mabuhay Vinyl Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 3,025,943,080 to 3,378,514,050, a change of 352,570,970 (11.7%).
- Net income of 399,068,570 contributed positively to equity growth.
- Dividend payments of 64,555,820 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱399.07 Million | +11.81% |
| Dividends Paid | ₱64.56 Million | -1.91% |
| Other Changes | ₱18.06 Million | +0.53% |
| Total Change | ₱- | 11.65% |
Book Value vs Market Value Analysis
This analysis compares Mabuhay Vinyl 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: 1.08x
- 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 2.38x to 1.08x 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 | ₱2.31 | ₱5.50 | x |
| 2017-12-31 | ₱2.49 | ₱5.50 | x |
| 2018-12-31 | ₱3.31 | ₱5.50 | x |
| 2019-12-31 | ₱3.78 | ₱5.50 | x |
| 2020-12-31 | ₱4.17 | ₱5.50 | x |
| 2021-12-31 | ₱4.58 | ₱5.50 | x |
| 2022-12-31 | ₱5.11 | ₱5.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mabuhay Vinyl 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): 11.81%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.47%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.17x
- Recent ROE (11.81%) is above the historical average (10.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 6.03% | 5.89% | 0.89x | 1.15x | ₱-56.41 Million |
| 2016 | 8.34% | 7.59% | 0.94x | 1.17x | ₱-25.30 Million |
| 2017 | 7.68% | 5.81% | 1.12x | 1.17x | ₱-38.19 Million |
| 2018 | 18.09% | 13.87% | 1.10x | 1.19x | ₱177.02 Million |
| 2019 | 14.55% | 15.64% | 0.81x | 1.15x | ₱113.70 Million |
| 2020 | 12.09% | 16.09% | 0.65x | 1.15x | ₱57.60 Million |
| 2021 | 9.12% | 12.61% | 0.63x | 1.14x | ₱-26.72 Million |
| 2022 | 11.81% | 12.47% | 0.81x | 1.17x | ₱61.22 Million |
Industry Comparison
This section compares Mabuhay Vinyl Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,000,629,540
- Average return on equity (ROE) among peers: 3.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mabuhay Vinyl Corp (MVC) | ₱3.56 Billion | 6.03% | 0.18x | $900.20 |
| Crown Asia Chemicals Corp (CROWN) | $1.18 Billion | 11.57% | 0.33x | $276.56 |
| Metro Alliance Holdings & Equities Corp (MAH) | $-59.32 Million | 0.00% | 0.00x | $74.63 |
| SBS Philippines Corp (SBS) | $4.88 Billion | 0.38% | 0.73x | $544.26 |