Hites S.A.
Empresas Hites S.A. engages in the retail business in Chile. It is involved in the retail sale of various clothing, electronics, and home appliances through its multi-stores. The company is also involved in the financial business, such as granting direct credits to customers through sales in its multi-stores and internet channel. Empresas Hites S.A. was incorporated in 2000 and is based in Santia… Read more
Hites S.A. (HITES) - Net Assets
Latest net assets as of June 2025: CL$100.81 Billion CLP
Based on the latest financial reports, Hites S.A. (HITES) has net assets worth CL$100.81 Billion CLP as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CL$362.97 Billion) and total liabilities (CL$262.16 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 | CL$100.81 Billion |
| % of Total Assets | 27.77% |
| Annual Growth Rate | -3.9% |
| 5-Year Change | -25.89% |
| 10-Year Change | -35.92% |
| Growth Volatility | 14.09 |
Hites S.A. - Net Assets Trend (2014–2024)
This chart illustrates how Hites S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hites S.A. (2014–2024)
The table below shows the annual net assets of Hites S.A. from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CL$86.63 Billion | -28.14% |
| 2023-12-31 | CL$120.56 Billion | -19.24% |
| 2022-12-31 | CL$149.28 Billion | +2.19% |
| 2021-12-31 | CL$146.08 Billion | +24.96% |
| 2020-12-31 | CL$116.90 Billion | -10.12% |
| 2019-12-31 | CL$130.06 Billion | -5.46% |
| 2018-12-31 | CL$137.57 Billion | -8.13% |
| 2017-12-31 | CL$149.74 Billion | +4.44% |
| 2016-12-31 | CL$143.38 Billion | +6.06% |
| 2015-12-31 | CL$135.19 Billion | +4.85% |
| 2014-12-31 | CL$128.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hites S.A.'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 85.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CL$7.14 Billion | 8.24% |
| Other Components | CL$79.49 Billion | 91.76% |
| Total Equity | CL$86.63 Billion | 100.00% |
Hites S.A. Competitors by Market Cap
The table below lists competitors of Hites S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RACING FORCE SPA
F:X7Q
|
$59.18 Million |
|
Hoang Quan Consulting Trading Service Real Estate Corp
VN:HQC
|
$59.19 Million |
|
LapWall Oyj
HE:LAPWALL
|
$59.19 Million |
|
Arizona Metals Corp
OTCQX:AZMCF
|
$59.21 Million |
|
Oneview Healthcare PLC
PINK:ONVVF
|
$59.17 Million |
|
Standard Engineering Technology Limited
NSE:SGLTL
|
$59.16 Million |
|
GIC Housing Finance Limited
NSE:GICHSGFIN
|
$59.16 Million |
|
YoungQin International Co
TWO:2755
|
$59.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hites S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 120,556,192,000 to 86,630,571,000, a change of -33,925,621,000 (-28.1%).
- Net loss of 34,425,254,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$-34.43 Billion | -39.74% |
| Other Changes | CL$499.63 Million | +0.58% |
| Total Change | CL$- | -28.14% |
Book Value vs Market Value Analysis
This analysis compares Hites S.A.'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: 0.63x
- 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 increased from 0.35x to 0.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CL$397.04 | CL$137.14 | x |
| 2018-12-31 | CL$364.74 | CL$137.14 | x |
| 2019-12-31 | CL$344.83 | CL$137.14 | x |
| 2020-12-31 | CL$309.93 | CL$137.14 | x |
| 2021-12-31 | CL$387.31 | CL$137.14 | x |
| 2022-12-31 | CL$395.82 | CL$137.14 | x |
| 2023-12-31 | CL$319.67 | CL$137.14 | x |
| 2024-12-31 | CL$219.01 | CL$137.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hites S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -39.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.79%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 4.19x
- Recent ROE (-39.74%) is below the historical average (0.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.67% | 4.53% | 1.00x | 2.14x | CL$-431.61 Million |
| 2015 | 9.64% | 4.65% | 0.96x | 2.16x | CL$-492.11 Million |
| 2016 | 11.04% | 5.24% | 1.02x | 2.07x | CL$1.50 Billion |
| 2017 | 8.93% | 4.29% | 0.93x | 2.24x | CL$-1.60 Billion |
| 2018 | 6.03% | 2.62% | 0.94x | 2.45x | CL$-5.46 Billion |
| 2019 | 4.86% | 1.95% | 0.73x | 3.40x | CL$-6.69 Billion |
| 2020 | -11.26% | -4.52% | 0.69x | 3.63x | CL$-24.85 Billion |
| 2021 | 28.54% | 10.32% | 0.90x | 3.09x | CL$27.08 Billion |
| 2022 | 5.94% | 2.41% | 0.81x | 3.03x | CL$-6.06 Billion |
| 2023 | -24.19% | -8.99% | 0.81x | 3.32x | CL$-41.21 Billion |
| 2024 | -39.74% | -10.79% | 0.88x | 4.19x | CL$-43.09 Billion |
Industry Comparison
This section compares Hites S.A.'s net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $2,134,296,374,800
- Average return on equity (ROE) among peers: -19.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hites S.A. (HITES) | CL$100.81 Billion | 9.67% | 2.60x | $59.17 Million |
| Empresas la Polar SA (ABC) | $37.70 Billion | -123.23% | 6.79x | $49.86 Million |
| Cencosud (CENCOSUD) | $2.58 Trillion | 9.60% | 1.17x | $3.24 Billion |
| Falabella (FALABELLA) | $6.23 Trillion | 4.74% | 1.94x | $7.47 Billion |
| Ripley Corp (RIPLEY) | $1.01 Trillion | 6.90% | 1.94x | $407.32 Million |
| SMU S.A (SMU) | $812.18 Billion | 6.00% | 2.09x | $667.60 Million |