Vitarich Corp
Vitarich Corp operates in Packaged Foods & Meats.
Vitarich Corp (VITA) - Net Assets
Latest net assets as of June 2023: ₱1.88 Billion PHP
Based on the latest financial reports, Vitarich Corp (VITA) has net assets worth ₱1.88 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 (₱5.02 Billion) and total liabilities (₱3.14 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 | ₱1.88 Billion |
| % of Total Assets | 37.48% |
| Annual Growth Rate | 11.91% |
| 5-Year Change | 22.55% |
| 10-Year Change | N/A |
| Growth Volatility | 19.27 |
Vitarich Corp - Net Assets Trend (2014–2022)
This chart illustrates how Vitarich 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 Vitarich Corp (2014–2022)
The table below shows the annual net assets of Vitarich Corp from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱1.86 Billion | +14.77% |
| 2021-12-31 | ₱1.62 Billion | +6.23% |
| 2020-12-31 | ₱1.52 Billion | -8.44% |
| 2019-12-31 | ₱1.66 Billion | +9.78% |
| 2018-12-31 | ₱1.51 Billion | +8.21% |
| 2017-12-31 | ₱1.40 Billion | +60.86% |
| 2016-12-31 | ₱870.01 Million | +13.87% |
| 2015-12-31 | ₱764.03 Million | +1.28% |
| 2014-12-31 | ₱754.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vitarich 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 27577594000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱275.78 Million | 14.86% |
| Common Stock | ₱1.16 Billion | 62.54% |
| Other Components | ₱419.51 Million | 22.60% |
| Total Equity | ₱1.86 Billion | 100.00% |
Vitarich Corp Competitors by Market Cap
The table below lists competitors of Vitarich Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sproutly Canada Inc
STU:38G
|
$89.74 |
|
BK MAYBANK INDO -A- (BOZA.SG)
STU:BOZA
|
$90.50 |
|
Cityland Development Corp
PSE:CDC
|
$90.80 |
|
Proxim Wireless Corporation
PINK:PRXM
|
$90.87 |
|
Digital Uts Ventures
PINK:DUTV
|
$89.68 |
|
Everest Global PLC
LSE:EVST
|
$89.45 |
|
Muller & Phipps PLC
CM:MULLN0000
|
$89.30 |
|
Green For Energy Inc
PINK:GRGG
|
$89.19 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vitarich Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,617,098,790 to 1,855,927,930, a change of 238,829,140 (14.8%).
- Net income of 128,986,940 contributed positively to equity growth.
- Other factors increased equity by 109,842,200.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱128.99 Million | +6.95% |
| Other Changes | ₱109.84 Million | +5.92% |
| Total Change | ₱- | 14.77% |
Book Value vs Market Value Analysis
This analysis compares Vitarich 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: 0.91x
- 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 1.76x to 0.91x 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 | ₱0.31 | ₱0.55 | x |
| 2017-12-31 | ₱0.46 | ₱0.55 | x |
| 2018-12-31 | ₱0.50 | ₱0.55 | x |
| 2019-12-31 | ₱0.54 | ₱0.55 | x |
| 2020-12-31 | ₱0.50 | ₱0.55 | x |
| 2021-12-31 | ₱0.53 | ₱0.55 | x |
| 2022-12-31 | ₱0.61 | ₱0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vitarich 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): 6.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.08%
- • Asset Turnover: 2.28x
- • Equity Multiplier: 2.83x
- Recent ROE (6.95%) is above the historical average (4.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.94% | 0.21% | 1.45x | 3.11x | ₱-69.23 Million |
| 2016 | 2.01% | 0.34% | 1.78x | 3.29x | ₱-69.49 Million |
| 2017 | 8.74% | 1.84% | 2.11x | 2.26x | ₱-17.59 Million |
| 2018 | 4.30% | 0.77% | 1.95x | 2.87x | ₱-86.29 Million |
| 2019 | 7.75% | 1.44% | 2.12x | 2.53x | ₱-37.42 Million |
| 2020 | 0.61% | 0.12% | 2.12x | 2.45x | ₱-142.93 Million |
| 2021 | 5.53% | 0.92% | 2.35x | 2.56x | ₱-72.27 Million |
| 2022 | 6.95% | 1.08% | 2.28x | 2.83x | ₱-56.61 Million |
Industry Comparison
This section compares Vitarich Corp's net assets metrics with peer companies in the Food & Tobacco industry.
Industry Context
- Industry: Food & Tobacco
- Average net assets among peers: $8,630,530,193
- Average return on equity (ROE) among peers: 2.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vitarich Corp (VITA) | ₱1.88 Billion | 0.94% | 1.67x | $89.70 |
| AgriNurture Inc (ANI) | $718.07 Million | -21.61% | 2.26x | $85.23 |
| Axelum Resources Corp (AXLM) | $4.65 Billion | 7.85% | 0.64x | $314.28 |
| Central Azucarera de Tarlac Inc (CAT) | $3.84 Billion | 15.20% | 0.55x | $1.63K |
| Century Pacific Food Inc (CNPF) | $19.15 Billion | 16.44% | 0.70x | $5.61K |
| Del Monte Pacific Ltd (DELM) | $559.20 Million | -6.53% | 3.49x | $921.59 |
| San Miguel Pure Foods Company Inc (FB) | $41.35 Billion | 13.74% | 0.62x | $8.70K |
| Alliance Select Foods International Inc (FOOD) | $22.22 Million | -5.72% | 0.71x | $65.55 |
| Liberty Flour Mills Inc (LFM) | $2.52 Billion | -4.44% | 0.82x | $5.19K |
| RFM Corp (RFM) | $13.42 Billion | 7.96% | 0.55x | $872.23 |
| Swift Foods Inc (SFI) | $63.03 Million | -1.37% | 1.86x | $8.14 |