Vapores (VAPORES) - Net Assets
Based on the latest financial reports, Vapores (VAPORES) has net assets worth CL$7.14 Billion CLP (≈ $7.99 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CL$7.20 Billion ≈ $8.06 Million USD) and total liabilities (CL$62.81 Million ≈ $70.24K 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 VAPORES financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CL$7.14 Billion |
| % of Total Assets | 99.13% |
| Annual Growth Rate | 14.36% |
| 5-Year Change | 167.06% |
| 10-Year Change | 254.56% |
| Growth Volatility | 28.12 |
Vapores - Net Assets Trend (2014–2024)
This chart illustrates how Vapores's net assets have evolved over time, based on quarterly financial data. Also explore VAPORES current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Vapores (2014–2024)
The table below shows the annual net assets of Vapores from 2014 to 2024. For live valuation and market cap data, see VAPORES stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CL$7.27 Billion ≈ $8.13 Million |
-10.10% |
| 2023-12-31 | CL$8.09 Billion ≈ $9.05 Million |
+2.20% |
| 2022-12-31 | CL$7.91 Billion ≈ $8.85 Million |
+62.09% |
| 2021-12-31 | CL$4.88 Billion ≈ $5.46 Million |
+79.32% |
| 2020-12-31 | CL$2.72 Billion ≈ $3.05 Million |
+22.42% |
| 2019-12-31 | CL$2.22 Billion ≈ $2.49 Million |
+4.41% |
| 2018-12-31 | CL$2.13 Billion ≈ $2.38 Million |
+0.60% |
| 2017-12-31 | CL$2.12 Billion ≈ $2.37 Million |
+5.53% |
| 2016-12-31 | CL$2.01 Billion ≈ $2.24 Million |
-2.17% |
| 2015-12-31 | CL$2.05 Billion ≈ $2.29 Million |
+7.95% |
| 2014-12-31 | CL$1.90 Billion ≈ $2.12 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vapores'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 582983000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CL$4.68 Billion | 64.42% |
| Other Components | CL$2.59 Billion | 35.58% |
| Total Equity | CL$7.27 Billion | 100.00% |
Vapores Competitors by Market Cap
The table below lists competitors of Vapores ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PENNON GROUP PLC UNS.ADR2
F:3PN0
|
$3.04 Billion |
|
Seacoast Banking Corporation of Florida
NASDAQ:SBCF
|
$3.04 Billion |
|
Valeo SA
PA:FR
|
$3.04 Billion |
|
Beijing United Information Technology Co Ltd
SHG:603613
|
$3.05 Billion |
|
Metro Brands Limited
NSE:METROBRAND
|
$3.04 Billion |
|
MOBVISTA INC. DL-01
F:6MO
|
$3.04 Billion |
|
China South Publishing & Media Group Co Ltd
SHG:601098
|
$3.04 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
$3.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vapores's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,088,551,000 to 7,271,748,000, a change of -816,803,000 (-10.1%).
- Net income of 388,345,000 contributed positively to equity growth.
- Dividend payments of 1,154,155,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$388.35 Million | +5.34% |
| Dividends Paid | CL$1.15 Billion | -15.87% |
| Other Changes | CL$-50.99 Million | -0.7% |
| Total Change | CL$- | -10.10% |
Book Value vs Market Value Analysis
This analysis compares Vapores'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: 374.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 821.23x to 374.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CL$0.06 | CL$53.01 | x |
| 2018-12-31 | CL$0.05 | CL$53.01 | x |
| 2019-12-31 | CL$0.06 | CL$53.01 | x |
| 2020-12-31 | CL$0.05 | CL$53.01 | x |
| 2021-12-31 | CL$0.10 | CL$53.01 | x |
| 2022-12-31 | CL$0.15 | CL$53.01 | x |
| 2023-12-31 | CL$0.16 | CL$53.01 | x |
| 2024-12-31 | CL$0.14 | CL$53.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vapores 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): 5.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (5.34%) is below the historical average (15.36%), 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 | 20.57% | 165.21% | 0.11x | 1.17x | CL$199.70 Million |
| 2015 | -0.72% | -8.78% | 0.08x | 1.09x | CL$-218.90 Million |
| 2016 | -1.16% | -19.47% | 0.06x | 1.08x | CL$-223.96 Million |
| 2017 | -8.89% | -172.44% | 0.05x | 1.07x | CL$-399.88 Million |
| 2018 | 0.86% | 20.32% | 0.04x | 1.06x | CL$-194.77 Million |
| 2019 | 5.60% | 137.72% | 0.04x | 1.13x | CL$-97.80 Million |
| 2020 | 8.16% | 0.00% | 0.00x | 1.11x | CL$-50.15 Million |
| 2021 | 65.74% | 0.00% | 0.00x | 1.23x | CL$2.72 Billion |
| 2022 | 70.29% | 0.00% | 0.00x | 1.30x | CL$4.77 Billion |
| 2023 | 3.19% | 0.00% | 0.00x | 1.02x | CL$-550.76 Million |
| 2024 | 5.34% | 0.00% | 0.00x | 1.03x | CL$-338.83 Million |
Industry Comparison
This section compares Vapores's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $490,684,000
- Average return on equity (ROE) among peers: 8.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vapores (VAPORES) | CL$7.14 Billion | 20.57% | 0.01x | $3.04 Billion |
| Grupo Empresas Navieras SA (NAVIERA) | $461.16 Million | 6.51% | 1.63x | $285.92 Million |
| Sociedad Matriz SAAM SA (SMSAAM) | $852.88 Million | 7.82% | 1.07x | $1.60 Billion |
| Puerto Ventana (VENTANAS) | $158.01 Million | 12.31% | 0.90x | $215.24 Million |
About Vapores
Compañía Sud Americana de Vapores S.A. operates as a shipping company. The company engages in the container shipping business. It operates a fleet of 237 container vessels with a portfolio of 122 services in 129 countries. The company was founded in 1864 and is based in Las Condes, Chile.