Pilipinas Shell Petroleum Corp
Pilipinas Shell Petroleum Corp operates in Oil & Gas Exploration & Production.
Pilipinas Shell Petroleum Corp (SHLPH) - Net Assets
Latest net assets as of June 2023: ₱29.16 Billion PHP
Based on the latest financial reports, Pilipinas Shell Petroleum Corp (SHLPH) has net assets worth ₱29.16 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 (₱119.23 Billion) and total liabilities (₱90.07 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 | ₱29.16 Billion |
| % of Total Assets | 24.46% |
| Annual Growth Rate | -2.14% |
| 5-Year Change | -25.77% |
| 10-Year Change | N/A |
| Growth Volatility | 21.3 |
Pilipinas Shell Petroleum Corp - Net Assets Trend (2016–2022)
This chart illustrates how Pilipinas Shell Petroleum 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 Pilipinas Shell Petroleum Corp (2016–2022)
The table below shows the annual net assets of Pilipinas Shell Petroleum Corp from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱28.93 Billion | +10.54% |
| 2021-12-31 | ₱26.17 Billion | +10.75% |
| 2020-12-31 | ₱23.63 Billion | -40.67% |
| 2019-12-31 | ₱39.83 Billion | +2.20% |
| 2018-12-31 | ₱38.97 Billion | -7.51% |
| 2017-12-31 | ₱42.14 Billion | +27.96% |
| 2016-12-31 | ₱32.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pilipinas Shell Petroleum 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 decreased by 23.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱4.03 Billion | 13.92% |
| Common Stock | ₱1.68 Billion | 5.81% |
| Other Components | ₱23.22 Billion | 80.27% |
| Total Equity | ₱28.93 Billion | 100.00% |
Pilipinas Shell Petroleum Corp Competitors by Market Cap
The table below lists competitors of Pilipinas Shell Petroleum Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TA YANG GROUP
BE:TAJ
|
$1.81K |
|
Octopus Robots SA
PA:MLOCT
|
$1.81K |
|
MIRIS HOLDING AB O.N.
F:9W4
|
$1.81K |
|
TRANSCORP POWER PLC
XNSA:TRANSPOWER
|
$1.81K |
|
Adagio 2 Capital Inc.
V:ADAD-P
|
$1.80K |
|
Sable Exploration and Mining Ltd
JSE:SXM
|
$1.80K |
|
Aberforth Smaller Companies Trust PLC
LSE:ASL
|
$1.80K |
|
Xsovt Brands Inc
PINK:XSVT
|
$1.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pilipinas Shell Petroleum Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 26,171,504,000 to 28,929,376,000, a change of 2,757,872,000 (10.5%).
- Net income of 4,075,747,000 contributed positively to equity growth.
- Dividend payments of 1,612,516,000 reduced retained earnings.
- Other factors increased equity by 294,641,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱4.08 Billion | +14.09% |
| Dividends Paid | ₱1.61 Billion | -5.57% |
| Other Changes | ₱294.64 Million | +1.02% |
| Total Change | ₱- | 10.54% |
Book Value vs Market Value Analysis
This analysis compares Pilipinas Shell Petroleum 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: 0.62x
- 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 | ₱20.41 | ₱11.20 | x |
| 2017-12-31 | ₱26.12 | ₱11.20 | x |
| 2018-12-31 | ₱24.15 | ₱11.20 | x |
| 2019-12-31 | ₱24.69 | ₱11.20 | x |
| 2020-12-31 | ₱14.65 | ₱11.20 | x |
| 2021-12-31 | ₱16.22 | ₱11.20 | x |
| 2022-12-31 | ₱17.93 | ₱11.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pilipinas Shell Petroleum 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): 14.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 2.49x
- • Equity Multiplier: 4.05x
- Recent ROE (14.09%) is above the historical average (4.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 22.61% | 5.44% | 1.94x | 2.14x | ₱4.15 Billion |
| 2017 | 24.61% | 6.12% | 2.07x | 1.94x | ₱6.15 Billion |
| 2018 | 13.03% | 2.32% | 2.73x | 2.06x | ₱1.18 Billion |
| 2019 | 14.11% | 2.57% | 2.12x | 2.58x | ₱1.64 Billion |
| 2020 | -68.48% | -10.31% | 1.81x | 3.66x | ₱-18.55 Billion |
| 2021 | 14.73% | 2.18% | 1.86x | 3.64x | ₱1.24 Billion |
| 2022 | 14.09% | 1.40% | 2.49x | 4.05x | ₱1.18 Billion |
Industry Comparison
This section compares Pilipinas Shell Petroleum Corp's net assets metrics with peer companies in the Oil & Gas industry.
Industry Context
- Industry: Oil & Gas
- Average net assets among peers: $10,957,200,687
- Average return on equity (ROE) among peers: -2.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pilipinas Shell Petroleum Corp (SHLPH) | ₱29.16 Billion | 22.61% | 3.09x | $1.81K |
| APC Group Inc (APC) | $154.67 Million | -5.44% | 0.68x | $16.27 |
| Basic Energy Corp (BSC) | $681.25 Million | -8.53% | 0.10x | $20.04 |
| Forum Pacific Inc (FPI) | $330.71 Million | -0.70% | 0.01x | $44.81 |
| Oriental Petroleum and Minerals Corp (OPM) | $89.49 Million | 2.48% | 0.03x | $1.93 |
| Philodrill Corp (OV) | $2.98 Billion | -8.47% | 0.03x | $1.52 |
| Petron Corp (PCOR) | $79.77 Billion | -14.27% | 3.38x | $544.62 |
| Pryce Corp (PPC) | $13.44 Billion | 12.97% | 0.57x | $2.40K |
| PXP Energy Corp (PXP) | $643.29 Million | -3.48% | 10.40x | $477.62 |
| Seafront Resources Corp (SPM) | $527.34 Million | 3.82% | 0.09x | $340.68 |