Hites S.A. (HITES) - Net Assets
Based on the latest financial reports, Hites S.A. (HITES) has net assets worth CL$86.17 Billion CLP (≈ $96.37 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CL$385.65 Billion ≈ $431.29 Million USD) and total liabilities (CL$299.48 Billion ≈ $334.92 Million USD). 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. Check how strategically is Hites S.A.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CL$86.17 Billion |
| % of Total Assets | 22.34% |
| Annual Growth Rate | -2.85% |
| 5-Year Change | -35.79% |
| 10-Year Change | -34.58% |
| Growth Volatility | 13.81 |
Hites S.A. - Net Assets Trend (2014–2025)
This chart illustrates how Hites S.A.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hites S.A. (HITES) total market value.
Annual Net Assets for Hites S.A. (2014–2025)
The table below shows the annual net assets of Hites S.A. from 2014 to 2025. Also explore HITES net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CL$93.80 Billion ≈ $104.90 Million |
+8.27% |
| 2024-12-31 | CL$86.63 Billion ≈ $96.89 Million |
-28.14% |
| 2023-12-31 | CL$120.56 Billion ≈ $134.83 Million |
-19.24% |
| 2022-12-31 | CL$149.28 Billion ≈ $166.94 Million |
+2.19% |
| 2021-12-31 | CL$146.08 Billion ≈ $163.37 Million |
+24.96% |
| 2020-12-31 | CL$116.90 Billion ≈ $130.73 Million |
-10.12% |
| 2019-12-31 | CL$130.06 Billion ≈ $145.45 Million |
-5.46% |
| 2018-12-31 | CL$137.57 Billion ≈ $153.85 Million |
-8.13% |
| 2017-12-31 | CL$149.74 Billion ≈ $167.46 Million |
+4.44% |
| 2016-12-31 | CL$143.38 Billion ≈ $160.35 Million |
+6.06% |
| 2015-12-31 | CL$135.19 Billion ≈ $151.19 Million |
+4.85% |
| 2014-12-31 | CL$128.94 Billion ≈ $144.20 Million |
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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 109.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CL$98.44 Billion | 104.95% |
| Total Equity | CL$93.80 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 |
|---|---|
|
Kestrel Group, Ltd.
NYSE:KG
|
$100.95 Million |
|
WW Holding Inc
TW:8442
|
$101.03 Million |
|
Bertrandt Aktiengesellschaft
XETRA:BDT
|
$101.06 Million |
|
Skillz Platform Inc
NYSE:SKLZ
|
$101.07 Million |
|
K Laser Technology Inc
TW:2461
|
$100.88 Million |
|
Seronics Co. Ltd
KQ:042600
|
$100.88 Million |
|
Premier Technology Public Company Limited
BK:PT
|
$100.87 Million |
|
Vranken-Pommery Monopole Société Anonyme
PA:VRAP
|
$100.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hites S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 86,630,571,000 to 93,795,161,000, a change of 7,164,590,000 (8.3%).
- Net loss of 11,783,047,000 reduced equity.
- New share issuances of 19,011,492,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$-11.78 Billion | -12.56% |
| Share Issuances | CL$19.01 Billion | +20.27% |
| Other Changes | CL$-63.85 Million | -0.07% |
| Total Change | CL$- | 8.27% |
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: 0.96x
- 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 0.34x to 0.96x 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$133.01 | x |
| 2018-12-31 | CL$364.74 | CL$133.01 | x |
| 2019-12-31 | CL$344.83 | CL$133.01 | x |
| 2020-12-31 | CL$309.93 | CL$133.01 | x |
| 2021-12-31 | CL$387.31 | CL$133.01 | x |
| 2022-12-31 | CL$395.82 | CL$133.01 | x |
| 2023-12-31 | CL$319.67 | CL$133.01 | x |
| 2024-12-31 | CL$219.01 | CL$133.01 | x |
| 2025-12-31 | CL$138.20 | CL$133.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hites S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.71%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 4.01x
- Recent ROE (-12.56%) is below the historical average (-0.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.67% | 4.53% | 1.00x | 2.14x | CL$-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 |
| 2025 | -12.56% | -3.71% | 0.84x | 4.01x | CL$-21.16 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: $2,316,489,472,000
- Average return on equity (ROE) among peers: 12.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hites S.A. (HITES) | CL$86.17 Billion | 9.67% | 3.48x | $100.93 Million |
| Empresas la Polar SA (ABC) | $125.08 Billion | 22.01% | 2.39x | $60.46 Million |
| Cencosud (CENCOSUD) | $4.73 Trillion | 9.97% | 1.52x | $6.47 Billion |
| Falabella (FALABELLA) | $4.81 Trillion | 10.76% | 1.72x | $18.21 Billion |
| Ripley Corp (RIPLEY) | $1.16 Trillion | 10.29% | 2.56x | $955.77 Million |
| SMU S.A (SMU) | $752.76 Billion | 10.06% | 1.95x | $757.85 Million |
About Hites S.A.
Empresas Hites S.A. engages in the retail business in Chile. It is involved in the retail sale of various clothing, footwear, accessories, electronics, sporting goods, furniture, and household items through its multi-stores. It is also involved in the financial business for granting direct credits to customers through sales in its multi-stores and internet channel. The company was incorporated in… Read more