Wellex Industries Inc
Wellex Industries Inc operates in Diversified Metals & Mining.
Wellex Industries Inc (WIN) - Net Assets
Latest net assets as of September 2023: ₱1.20 Billion PHP
Based on the latest financial reports, Wellex Industries Inc (WIN) has net assets worth ₱1.20 Billion PHP as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱1.63 Billion) and total liabilities (₱436.79 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 | ₱1.20 Billion |
| % of Total Assets | 73.25% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | -1.02% |
| 10-Year Change | N/A |
| Growth Volatility | 18.01 |
Wellex Industries Inc - Net Assets Trend (2014–2022)
This chart illustrates how Wellex Industries 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 Wellex Industries Inc (2014–2022)
The table below shows the annual net assets of Wellex Industries Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱1.20 Billion | -0.23% |
| 2021-12-31 | ₱1.20 Billion | -0.29% |
| 2020-12-31 | ₱1.21 Billion | +3.06% |
| 2019-12-31 | ₱1.17 Billion | -3.46% |
| 2018-12-31 | ₱1.21 Billion | -6.32% |
| 2017-12-31 | ₱1.29 Billion | -1.38% |
| 2016-12-31 | ₱1.31 Billion | +4.40% |
| 2015-12-31 | ₱1.26 Billion | +53.02% |
| 2014-12-31 | ₱821.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wellex Industries 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 decreased by 210037935000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₱3.28 Billion | 272.97% |
| Other Components | ₱24.48 Million | 2.04% |
| Total Equity | ₱1.20 Billion | 100.00% |
Wellex Industries Inc Competitors by Market Cap
The table below lists competitors of Wellex Industries Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vela Technologies Plc
LSE:VELA
|
$55.40 |
|
Rjd Green Inc
PINK:RJDG
|
$55.80 |
|
DIGICUT ADVERTISING & PRODUCTION LIMITED
GSE:DIGICUT
|
$55.81 |
|
BAOXIN AUTO GRP
BE:6BA
|
$55.87 |
|
Aspire Capital Holding For Financial Investments
EGX:ASPI
|
$55.03 |
|
SME Leasing Ltd
KAR:SLL
|
$54.97 |
|
COCOA PROCESSING COMPANY
GSE:CPC
|
$54.86 |
|
NuVim Inc
PINK:NUVM
|
$54.86 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wellex Industries Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 1,202,859,130 to 1,200,149,090, a change of -2,710,040 (-0.2%).
- Net loss of 2,710,040 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱-2.71 Million | -0.23% |
| Total Change | ₱- | -0.23% |
Book Value vs Market Value Analysis
This analysis compares Wellex Industries 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: 0.89x
- 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 | ₱0.40 | ₱0.33 | x |
| 2017-12-31 | ₱0.40 | ₱0.33 | x |
| 2018-12-31 | ₱0.37 | ₱0.33 | x |
| 2019-12-31 | ₱0.36 | ₱0.33 | x |
| 2020-12-31 | ₱0.37 | ₱0.33 | x |
| 2021-12-31 | ₱0.37 | ₱0.33 | x |
| 2022-12-31 | ₱0.37 | ₱0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wellex Industries 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): -0.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.52%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.36x
- Recent ROE (-0.23%) is below the historical average (4.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 34.65% | 2858.39% | 0.01x | 1.43x | ₱309.86 Million |
| 2016 | 8.21% | 720.58% | 0.01x | 1.39x | ₱-23.46 Million |
| 2017 | -1.40% | -103.30% | 0.01x | 1.40x | ₱-147.50 Million |
| 2018 | -1.84% | -97.79% | 0.01x | 1.41x | ₱-143.61 Million |
| 2019 | -3.58% | -142.09% | 0.02x | 1.43x | ₱-159.01 Million |
| 2020 | 2.97% | 119.94% | 0.02x | 1.38x | ₱-84.80 Million |
| 2021 | -0.29% | -14.81% | 0.01x | 1.38x | ₱-123.82 Million |
| 2022 | -0.23% | -13.52% | 0.01x | 1.36x | ₱-122.72 Million |
Industry Comparison
This section compares Wellex Industries Inc's net assets metrics with peer companies in the Metals & Mining industry.
Industry Context
- Industry: Metals & Mining
- Average net assets among peers: $2,848,497,806
- Average return on equity (ROE) among peers: -0.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wellex Industries Inc (WIN) | ₱1.20 Billion | 34.65% | 0.37x | $55.33 |
| Atok Big Wedge Co Inc (AB) | $635.03 Million | -3.02% | 0.00x | $297.15 |
| Apollo Global Capital Inc (APL) | $2.72 Billion | -0.56% | 0.23x | $1.31 |
| Apex Mining Co Inc (APX) | $5.29 Billion | 8.08% | 1.29x | $2.39K |
| Century Peak Holdings Corp (CPM) | $2.47 Billion | -3.56% | 3.44x | $402.68 |
| Dizon Copper Silver Mines Inc (DIZ) | $40.13 Million | 2.60% | 0.89x | $645.20 |
| Global Ferronickel Holdings Inc (FNI) | $6.54 Billion | 17.00% | 0.39x | $307.09 |
| Geograce Resources Philippines Inc (GEO) | $13.01 Million | -21.05% | 1.06x | $12.73 |
| Imperial Resources Inc (IMP) | $571.42 Million | 7.25% | 0.06x | $137.57 |
| Lepanto Consolidated Mining Co (LC) | $7.26 Billion | -12.81% | 1.34x | $30.08 |
| Manila Mining Corp (MA) | $2.94 Billion | -0.43% | 0.07x | $1.27 |