Socovesa
Socovesa S.A. engages in the real estate development and construction businesses under the Almagro, Socovesa, Pilares, and Desarrollos Comerciales brands in Chile. The company constructs various projects, such as houses, buildings, bridges, roads, dams, irrigation works, tunnels, ports, airports, and earthworks. It also develops high-rise housing projects. Socovesa S.A. was founded in 1965 and is… Read more
Socovesa (SOCOVESA) - Net Assets
Latest net assets as of September 2025: CL$332.84 Billion CLP
Based on the latest financial reports, Socovesa (SOCOVESA) has net assets worth CL$332.84 Billion CLP as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CL$1.02 Trillion) and total liabilities (CL$692.04 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$332.84 Billion |
| % of Total Assets | 32.48% |
| Annual Growth Rate | 2.45% |
| 5-Year Change | -6.93% |
| 10-Year Change | 19.81% |
| Growth Volatility | 4.89 |
Socovesa - Net Assets Trend (2014–2024)
This chart illustrates how Socovesa's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Socovesa (2014–2024)
The table below shows the annual net assets of Socovesa from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CL$344.26 Billion | -5.63% |
| 2023-12-31 | CL$364.80 Billion | -6.69% |
| 2022-12-31 | CL$390.94 Billion | -0.35% |
| 2021-12-31 | CL$392.30 Billion | +6.06% |
| 2020-12-31 | CL$369.90 Billion | +3.35% |
| 2019-12-31 | CL$357.93 Billion | +3.10% |
| 2018-12-31 | CL$347.16 Billion | +6.29% |
| 2017-12-31 | CL$326.63 Billion | +7.93% |
| 2016-12-31 | CL$302.63 Billion | +5.32% |
| 2015-12-31 | CL$287.34 Billion | +6.36% |
| 2014-12-31 | CL$270.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Socovesa'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 121.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CL$161.02 Billion | 47.45% |
| Other Components | CL$178.34 Billion | 52.55% |
| Total Equity | CL$339.36 Billion | 100.00% |
Socovesa Competitors by Market Cap
The table below lists competitors of Socovesa ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS
IS:GENIL
|
$69.33 Million |
|
East Tender Opto
TWO:6588
|
$69.33 Million |
|
BusinessOn Communication Co. Ltd
KQ:138580
|
$69.33 Million |
|
Pacific Edge Limited
PINK:PFGTF
|
$69.34 Million |
|
S H Kelkar and Company Limited
NSE:SHK
|
$69.31 Million |
|
Treace Medical Concepts Inc
NASDAQ:TMCI
|
$69.29 Million |
|
PHA Co. Ltd
KQ:043370
|
$69.26 Million |
|
Gs Global
KO:001250
|
$69.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Socovesa's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 359,136,481,000 to 339,363,113,000, a change of -19,773,368,000 (-5.5%).
- Net loss of 19,809,420,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$-19.81 Billion | -5.84% |
| Other Changes | CL$36.05 Million | +0.01% |
| Total Change | CL$- | -5.51% |
Book Value vs Market Value Analysis
This analysis compares Socovesa'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: 0.48x
- 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 |
|---|---|---|---|
| 2017-12-31 | CL$258.89 | CL$134.27 | x |
| 2018-12-31 | CL$275.60 | CL$134.27 | x |
| 2019-12-31 | CL$285.22 | CL$134.27 | x |
| 2020-12-31 | CL$292.51 | CL$134.27 | x |
| 2021-12-31 | CL$314.49 | CL$134.27 | x |
| 2022-12-31 | CL$314.07 | CL$134.27 | x |
| 2023-12-31 | CL$293.43 | CL$134.27 | x |
| 2024-12-31 | CL$277.27 | CL$134.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Socovesa 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): -5.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.29%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.21x
- Recent ROE (-5.84%) is below the historical average (6.02%), 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 | 11.09% | 7.20% | 0.46x | 3.37x | CL$2.80 Billion |
| 2015 | 10.99% | 8.36% | 0.43x | 3.04x | CL$2.73 Billion |
| 2016 | 11.79% | 10.27% | 0.40x | 2.89x | CL$5.37 Billion |
| 2017 | 12.64% | 10.18% | 0.45x | 2.75x | CL$8.37 Billion |
| 2018 | 10.74% | 11.14% | 0.34x | 2.82x | CL$2.51 Billion |
| 2019 | 6.72% | 7.02% | 0.32x | 3.01x | CL$-11.46 Billion |
| 2020 | 3.60% | 4.79% | 0.26x | 2.93x | CL$-22.91 Billion |
| 2021 | 9.90% | 11.59% | 0.33x | 2.63x | CL$-376.58 Million |
| 2022 | 1.66% | 2.74% | 0.20x | 3.01x | CL$-32.05 Billion |
| 2023 | -7.04% | -9.47% | 0.22x | 3.44x | CL$-61.21 Billion |
| 2024 | -5.84% | -5.29% | 0.34x | 3.21x | CL$-53.75 Billion |
Industry Comparison
This section compares Socovesa's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $170,458,344,000
- Average return on equity (ROE) among peers: 5.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Socovesa (SOCOVESA) | CL$332.84 Billion | 11.09% | 2.08x | $69.32 Million |
| Inmobiliaria Manquehue S.A (MANQUEHUE) | $170.46 Billion | 5.18% | 1.08x | $26.66 Million |