Premiere Entertainment Inc
Premiere Entertainment Inc operates in Real Estate Development.
Premiere Entertainment Inc (PHA) - Net Assets
Latest net assets as of September 2022: ₱1.51 Billion PHP
Based on the latest financial reports, Premiere Entertainment Inc (PHA) has net assets worth ₱1.51 Billion PHP as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱3.81 Billion) and total liabilities (₱2.31 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 | ₱1.51 Billion |
| % of Total Assets | 39.51% |
| Annual Growth Rate | 15.6% |
| 5-Year Change | 91.56% |
| 10-Year Change | N/A |
| Growth Volatility | 55.41 |
Premiere Entertainment Inc - Net Assets Trend (2014–2021)
This chart illustrates how Premiere Entertainment 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 Premiere Entertainment Inc (2014–2021)
The table below shows the annual net assets of Premiere Entertainment Inc from 2014 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | ₱1.13 Billion | +30.63% |
| 2020-12-31 | ₱867.91 Million | +26.51% |
| 2019-12-31 | ₱686.02 Million | +146.88% |
| 2018-12-31 | ₱277.87 Million | -53.05% |
| 2017-12-31 | ₱591.84 Million | +10.83% |
| 2016-12-31 | ₱533.99 Million | +6.63% |
| 2015-12-31 | ₱500.81 Million | +21.90% |
| 2014-12-31 | ₱410.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Premiere Entertainment 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 100.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱135.97 Million | 11.99% |
| Common Stock | ₱800.65 Million | 70.62% |
| Other Components | ₱197.14 Million | 17.39% |
| Total Equity | ₱1.13 Billion | 100.00% |
Premiere Entertainment Inc Competitors by Market Cap
The table below lists competitors of Premiere Entertainment Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ua Multimedia Inc
PINK:UAMM
|
$33.52 |
|
CORNERSTONE INSURANCE CO. PLC
XNSA:CORNERST
|
$33.55 |
|
DEACONS (EAST AFRICA) PLC
XNAI:DEAP
|
$33.90 |
|
International Daleco Corp
PINK:ILDO
|
$34.42 |
|
InterCare DX Inc
PINK:ICCO
|
$33.16 |
|
SOCResources Inc
PSE:SOC
|
$33.08 |
|
Taylor Consulting Inc
PINK:TAYO
|
$33.05 |
|
Medilines Distributors Inc
PSE:MEDIC
|
$32.99 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Premiere Entertainment Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 867,905,620 to 1,133,760,260, a change of 265,854,640 (30.6%).
- Net loss of 47,826,960 reduced equity.
- Share repurchases of 305,893,930 reduced equity.
- Other factors increased equity by 619,575,530.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱-47.83 Million | -4.22% |
| Share Repurchases | ₱305.89 Million | -26.98% |
| Other Changes | ₱619.58 Million | +54.65% |
| Total Change | ₱- | 30.63% |
Book Value vs Market Value Analysis
This analysis compares Premiere Entertainment 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: 0.93x
- 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 increased from 0.60x to 0.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱0.35 | ₱0.21 | x |
| 2017-12-31 | ₱0.37 | ₱0.21 | x |
| 2018-12-31 | ₱0.17 | ₱0.21 | x |
| 2019-12-31 | ₱0.34 | ₱0.21 | x |
| 2020-12-31 | ₱0.39 | ₱0.21 | x |
| 2021-12-31 | ₱0.22 | ₱0.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Premiere Entertainment 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): -4.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.70%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 3.33x
- Recent ROE (-4.22%) is below the historical average (-1.11%), 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 | 34.57% | 96.62% | 0.20x | 1.82x | ₱100.93 Million |
| 2015 | 8.54% | 4.85% | 0.26x | 6.84x | ₱-7.31 Million |
| 2016 | 6.62% | 3.88% | 0.24x | 6.97x | ₱-18.06 Million |
| 2017 | 5.35% | 4.35% | 0.18x | 6.92x | ₱-27.51 Million |
| 2018 | -105.66% | -61.14% | 0.13x | 13.48x | ₱-321.40 Million |
| 2019 | 34.71% | 56.21% | 0.10x | 5.93x | ₱169.52 Million |
| 2020 | 11.22% | 13.47% | 0.19x | 4.49x | ₱10.55 Million |
| 2021 | -4.22% | -13.70% | 0.09x | 3.33x | ₱-161.20 Million |
Industry Comparison
This section compares Premiere Entertainment 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 |
|---|---|---|---|---|
| Premiere Entertainment Inc (PHA) | ₱1.51 Billion | 34.57% | 1.53x | $33.52 |
| 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 |