Zona Franca de Iquique S.A (ZOFRI) - Net Assets
Based on the latest financial reports, Zona Franca de Iquique S.A (ZOFRI) has net assets worth CL$63.92 Billion CLP (≈ $71.48 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CL$136.17 Billion ≈ $152.29 Million USD) and total liabilities (CL$72.26 Billion ≈ $80.81 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. Also explore balance sheet size of Zona Franca de Iquique S.A for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CL$63.92 Billion |
| % of Total Assets | 46.94% |
| Annual Growth Rate | 4.9% |
| 5-Year Change | 6.08% |
| 10-Year Change | 45.88% |
| Growth Volatility | 6.79 |
Zona Franca de Iquique S.A - Net Assets Trend (2014–2025)
This chart illustrates how Zona Franca de Iquique S.A's net assets have evolved over time, based on quarterly financial data. Check ZOFRI tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Zona Franca de Iquique S.A (2014–2025)
The table below shows the annual net assets of Zona Franca de Iquique S.A from 2014 to 2025. For live valuation and market cap data, see Zona Franca de Iquique S.A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CL$59.04 Billion ≈ $66.02 Million |
+7.60% |
| 2024-12-31 | CL$54.87 Billion ≈ $61.36 Million |
+0.48% |
| 2023-12-31 | CL$54.61 Billion ≈ $61.07 Million |
+7.23% |
| 2022-12-31 | CL$50.92 Billion ≈ $56.95 Million |
-8.50% |
| 2021-12-31 | CL$55.65 Billion ≈ $62.24 Million |
+16.90% |
| 2020-12-31 | CL$47.61 Billion ≈ $53.24 Million |
-3.25% |
| 2019-12-31 | CL$49.21 Billion ≈ $55.03 Million |
+1.24% |
| 2018-12-31 | CL$48.60 Billion ≈ $54.36 Million |
+11.50% |
| 2017-12-31 | CL$43.59 Billion ≈ $48.75 Million |
+7.72% |
| 2016-12-31 | CL$40.47 Billion ≈ $45.26 Million |
+6.09% |
| 2015-12-31 | CL$38.15 Billion ≈ $42.66 Million |
+9.35% |
| 2014-12-31 | CL$34.89 Billion ≈ $39.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zona Franca de Iquique 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 grown by 96.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CL$48.56 Billion | 82.26% |
| Other Components | CL$10.47 Billion | 17.74% |
| Total Equity | CL$59.04 Billion | 100.00% |
Zona Franca de Iquique S.A Competitors by Market Cap
The table below lists competitors of Zona Franca de Iquique S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanwha Galleria Corp.
KO:452260
|
$250.82 Million |
|
SYLVANIA PLAT. DL 001
F:31L
|
$250.91 Million |
|
Synnex (Thailand) Public Company Limited
BK:SYNEX
|
$250.91 Million |
|
Sagar Cements Limited
NSE:SAGCEM
|
$250.96 Million |
|
Westwing Group AG
F:WEW
|
$250.57 Million |
|
Arlandastad Group AB
ST:AGROUP
|
$250.51 Million |
|
Jiangsu Huaxin New Material Co Ltd Class A
SHE:300717
|
$250.40 Million |
|
Aurotek Corp
TW:6215
|
$250.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zona Franca de Iquique S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 54,867,590,000 to 59,035,428,000, a change of 4,167,838,000 (7.6%).
- Net income of 19,956,447,000 contributed positively to equity growth.
- Dividend payments of 14,804,284,000 reduced retained earnings.
- Other factors decreased equity by 984,325,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$19.96 Billion | +33.8% |
| Dividends Paid | CL$14.80 Billion | -25.08% |
| Other Changes | CL$-984.33 Million | -1.67% |
| Total Change | CL$- | 7.60% |
Book Value vs Market Value Analysis
This analysis compares Zona Franca de Iquique 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: 3.80x
- 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 5.14x to 3.80x 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$197.63 | CL$1016.50 | x |
| 2018-12-31 | CL$220.36 | CL$1016.50 | x |
| 2019-12-31 | CL$223.09 | CL$1016.50 | x |
| 2020-12-31 | CL$215.83 | CL$1016.50 | x |
| 2021-12-31 | CL$252.31 | CL$1016.50 | x |
| 2022-12-31 | CL$230.87 | CL$1016.50 | x |
| 2023-12-31 | CL$247.57 | CL$1016.50 | x |
| 2024-12-31 | CL$248.75 | CL$1016.50 | x |
| 2025-12-31 | CL$267.65 | CL$1016.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zona Franca de Iquique 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): 33.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.02%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.28x
- Recent ROE (33.80%) is above the historical average (27.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 22.59% | 28.08% | 0.27x | 2.95x | CL$4.39 Billion |
| 2015 | 25.68% | 31.48% | 0.30x | 2.68x | CL$5.98 Billion |
| 2016 | 25.57% | 30.40% | 0.29x | 2.85x | CL$6.30 Billion |
| 2017 | 27.54% | 32.63% | 0.34x | 2.50x | CL$7.64 Billion |
| 2018 | 32.02% | 39.43% | 0.34x | 2.36x | CL$10.70 Billion |
| 2019 | 24.34% | 31.09% | 0.33x | 2.34x | CL$7.05 Billion |
| 2020 | 13.24% | 21.92% | 0.24x | 2.48x | CL$1.54 Billion |
| 2021 | 28.84% | 41.25% | 0.31x | 2.27x | CL$10.48 Billion |
| 2022 | 32.54% | 38.52% | 0.33x | 2.58x | CL$11.48 Billion |
| 2023 | 32.48% | 36.77% | 0.35x | 2.52x | CL$12.27 Billion |
| 2024 | 33.73% | 36.67% | 0.37x | 2.47x | CL$13.02 Billion |
| 2025 | 33.80% | 35.02% | 0.42x | 2.28x | CL$14.05 Billion |
Industry Comparison
This section compares Zona Franca de Iquique S.A's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,180,613,495,667
- Average return on equity (ROE) among peers: 5.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zona Franca de Iquique S.A (ZOFRI) | CL$63.92 Billion | 22.59% | 1.13x | $250.74 Million |
| Cencosud Shopping SA (CENCOMALLS) | $1.47 Trillion | 5.67% | 1.05x | $4.43 Billion |
| Plaza S.A (MALLPLAZA) | $1.83 Trillion | 6.42% | 0.82x | $9.12 Billion |
| Paz Corp (PAZ) | $248.19 Billion | 5.59% | 2.19x | $271.65 Million |
About Zona Franca de Iquique S.A
Zona Franca de Iquique S.A., together with its subsidiaries, operates premises for wholesale and retail business centers in the duty-free zones of South America. It operates distribution center for domestic and international goods; logistics center; and mall, commercial area, and industrial parks. The company was incorporated in 1990 and is based in Iquique, Chile.