Cirtek Holdings Philippines Corp Preferred
Cirtek Holdings Philippines Corp Preferred operates in Semiconductor Materials & Equipment.
Cirtek Holdings Philippines Corp Preferred (TCB2D) - Net Assets
Latest net assets as of September 2021: ₱173.63 Million PHP
Based on the latest financial reports, Cirtek Holdings Philippines Corp Preferred (TCB2D) has net assets worth ₱173.63 Million PHP as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱305.32 Million) and total liabilities (₱131.69 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 | ₱173.63 Million |
| % of Total Assets | 56.87% |
| Annual Growth Rate | 53.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 186.04 |
Cirtek Holdings Philippines Corp Preferred - Net Assets Trend (2016–2020)
This chart illustrates how Cirtek Holdings Philippines Corp Preferred's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cirtek Holdings Philippines Corp Preferred (2016–2020)
The table below shows the annual net assets of Cirtek Holdings Philippines Corp Preferred from 2016 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | ₱141.43 Million | +23.78% |
| 2019-12-31 | ₱114.26 Million | +0.42% |
| 2018-12-31 | ₱113.79 Million | -15.07% |
| 2017-12-31 | ₱133.98 Million | +431.48% |
| 2016-12-31 | ₱25.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cirtek Holdings Philippines Corp Preferred'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 10.9% over the analyzed period, indicating profitable operations and earnings retention.
- The company has 17.5% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱32.17 Million | 22.75% |
| Common Stock | ₱9.59 Million | 6.78% |
| Treasury Stock | ₱24.79 Million | 17.53% |
| Other Components | ₱124.45 Million | 87.99% |
| Total Equity | ₱141.43 Million | 100.00% |
Cirtek Holdings Philippines Corp Preferred Competitors by Market Cap
The table below lists competitors of Cirtek Holdings Philippines Corp Preferred ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GAMES BOX S.A. ZY-10
F:ZN6
|
$1.17K |
|
Globale Tessile Limited
NSE:GLOBALE
|
$1.17K |
|
GCL-POLY ENERGY
MU:3GY
|
$1.17K |
|
Sana Industries Ltd
KAR:SNAI
|
$1.18K |
|
Sitara Peroxide Ltd
KAR:SPL
|
$1.17K |
|
ATARI RGPT (IFGA.SG)
STU:IFGA
|
$1.17K |
|
ENSEVAL PUTERA MEGA
MU:FEK
|
$1.17K |
|
CBH Engineering Holding Berhad
KLSE:0339
|
$1.17K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cirtek Holdings Philippines Corp Preferred's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 114,259,170 to 141,433,470, a change of 27,174,300 (23.8%).
- Net income of 6,597,210 contributed positively to equity growth.
- Dividend payments of 4,564,000 reduced retained earnings.
- Share repurchases of 20,000,000 reduced equity.
- Other factors increased equity by 45,141,090.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱6.60 Million | +4.66% |
| Dividends Paid | ₱4.56 Million | -3.23% |
| Share Repurchases | ₱20.00 Million | -14.14% |
| Other Changes | ₱45.14 Million | +31.92% |
| Total Change | ₱- | 23.78% |
Book Value vs Market Value Analysis
This analysis compares Cirtek Holdings Philippines Corp Preferred'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Cirtek Holdings Philippines Corp Preferred 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): 4.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.57%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.19x
- Recent ROE (4.66%) is below the historical average (12.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 30.18% | 10.24% | 0.61x | 4.86x | ₱5.09 Million |
| 2017 | 2.35% | 3.55% | 0.31x | 2.11x | ₱-10.25 Million |
| 2018 | 7.32% | 7.83% | 0.40x | 2.33x | ₱-3.04 Million |
| 2019 | 19.39% | 27.65% | 0.30x | 2.34x | ₱10.73 Million |
| 2020 | 4.66% | 9.57% | 0.22x | 2.19x | ₱-7.55 Million |
Industry Comparison
This section compares Cirtek Holdings Philippines Corp Preferred's net assets metrics with peer companies in the Semiconductors & Semiconductor Equipment industry.
Industry Context
- Industry: Semiconductors & Semiconductor Equipment
- Average net assets among peers: $639,539,605
- Average return on equity (ROE) among peers: 7.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cirtek Holdings Philippines Corp Preferred (TCB2D) | ₱173.63 Million | 30.18% | 0.76x | $1.17K |
| Greenergy Holdings Inc (GREEN) | $1.04 Billion | 2.30% | 0.37x | $29.14 |
| Integrated Micro-Electronics Inc (IMI) | $244.05 Million | 11.93% | 1.26x | $512.41 |