SSI Group Inc
SSI Group Inc operates in Automotive Retail.
SSI Group Inc (SSI) - Net Assets
Latest net assets as of June 2023: ₱13.16 Billion PHP
Based on the latest financial reports, SSI Group Inc (SSI) has net assets worth ₱13.16 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 (₱21.96 Billion) and total liabilities (₱8.79 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 | ₱13.16 Billion |
| % of Total Assets | 59.95% |
| Annual Growth Rate | 4.39% |
| 5-Year Change | 15.62% |
| 10-Year Change | N/A |
| Growth Volatility | 6.8 |
SSI Group Inc - Net Assets Trend (2014–2022)
This chart illustrates how SSI Group 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 SSI Group Inc (2014–2022)
The table below shows the annual net assets of SSI Group Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱12.51 Billion | +17.12% |
| 2021-12-31 | ₱10.68 Billion | +2.26% |
| 2020-12-31 | ₱10.44 Billion | -8.57% |
| 2019-12-31 | ₱11.42 Billion | +5.58% |
| 2018-12-31 | ₱10.82 Billion | +5.67% |
| 2017-12-31 | ₱10.24 Billion | +2.72% |
| 2016-12-31 | ₱9.97 Billion | +2.57% |
| 2015-12-31 | ₱9.72 Billion | +9.52% |
| 2014-12-31 | ₱8.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SSI Group 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 119.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱6.87 Billion | 54.95% |
| Common Stock | ₱3.31 Billion | 26.49% |
| Other Components | ₱2.32 Billion | 18.56% |
| Total Equity | ₱12.51 Billion | 100.00% |
SSI Group Inc Competitors by Market Cap
The table below lists competitors of SSI Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KTRIF
PINK:KTRIF
|
$357.58 |
|
CONTRALADORA AXEL SAB
MX:CTAXTELA
|
$358.02 |
|
Shuka Minerals Plc
LSE:SKA
|
$358.53 |
|
Motos America Inc.
PINK:MTAM
|
$359.44 |
|
CIC INSURANCE GROUP LTD
XNAI:CIC
|
$357.10 |
|
Madison Sports & Entertainment Inc
PINK:MSET
|
$356.94 |
|
Dunedin Income Growth Investment Trust PLC
LSE:DIG
|
$356.00 |
|
GoldArc Resources Limited
AU:GA8
|
$355.46 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSI Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 10,678,832,100 to 12,506,946,830, a change of 1,828,114,730 (17.1%).
- Net income of 1,930,004,140 contributed positively to equity growth.
- Dividend payments of 69,266,580 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱1.93 Billion | +15.43% |
| Dividends Paid | ₱69.27 Million | -0.55% |
| Other Changes | ₱-32.62 Million | -0.26% |
| Total Change | ₱- | 17.12% |
Book Value vs Market Value Analysis
This analysis compares SSI Group 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: 0.60x
- 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 0.76x to 0.60x 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 | ₱3.01 | ₱2.28 | x |
| 2017-12-31 | ₱3.09 | ₱2.28 | x |
| 2018-12-31 | ₱3.27 | ₱2.28 | x |
| 2019-12-31 | ₱3.45 | ₱2.28 | x |
| 2020-12-31 | ₱3.17 | ₱2.28 | x |
| 2021-12-31 | ₱3.24 | ₱2.28 | x |
| 2022-12-31 | ₱3.79 | ₱2.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSI Group 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): 15.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.13%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.71x
- Recent ROE (15.43%) is above the historical average (5.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.25% | 6.56% | 0.84x | 2.04x | ₱111.10 Million |
| 2015 | 8.34% | 4.65% | 0.84x | 2.12x | ₱-161.02 Million |
| 2016 | 2.32% | 1.26% | 0.96x | 1.92x | ₱-765.01 Million |
| 2017 | 2.69% | 1.49% | 0.98x | 1.83x | ₱-748.48 Million |
| 2018 | 5.62% | 3.01% | 1.11x | 1.69x | ₱-473.34 Million |
| 2019 | 7.14% | 3.65% | 1.01x | 1.93x | ₱-326.64 Million |
| 2020 | -8.66% | -7.39% | 0.54x | 2.17x | ₱-1.95 Billion |
| 2021 | 1.41% | 0.98% | 0.72x | 2.01x | ₱-916.91 Million |
| 2022 | 15.43% | 8.13% | 1.11x | 1.71x | ₱679.31 Million |
Industry Comparison
This section compares SSI Group Inc's net assets metrics with peer companies in the Specialty Retailers industry.
Industry Context
- Industry: Specialty Retailers
- Average net assets among peers: $13,919,241,395
- Average return on equity (ROE) among peers: 11.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SSI Group Inc (SSI) | ₱13.16 Billion | 11.25% | 0.67x | $357.47 |
| Allhome Corp (HOME) | $14.63 Billion | 9.87% | 0.76x | $40.85 |
| Wilcon Depot Inc (WLCON) | $13.21 Billion | 13.89% | 0.32x | $1.06K |