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$69.56 Billion CLP (≈ $77.79 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$139.44 Billion ≈ $155.95 Million USD) and total liabilities (CL$69.89 Billion ≈ $78.16 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 ZOFRI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CL$69.56 Billion |
| % of Total Assets | 49.88% |
| Annual Growth Rate | 4.63% |
| 5-Year Change | 15.25% |
| 10-Year Change | 43.83% |
| Growth Volatility | 7.08 |
Zona Franca de Iquique S.A - Net Assets Trend (2014–2024)
This chart illustrates how Zona Franca de Iquique S.A's net assets have evolved over time, based on quarterly financial data. Also explore Zona Franca de Iquique S.A (ZOFRI) total assets for the complete picture of this company's asset base.
Annual Net Assets for Zona Franca de Iquique S.A (2014–2024)
The table below shows the annual net assets of Zona Franca de Iquique S.A from 2014 to 2024. For live valuation and market cap data, see Zona Franca de Iquique S.A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 80.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CL$44.57 Billion | 81.23% |
| Other Components | CL$10.30 Billion | 18.77% |
| Total Equity | CL$54.87 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 |
|---|---|
|
PetroVietnam Power Nhon Trach 2 JSC
VN:NT2
|
$251.56 Million |
|
Praetorian Acquisition Corp. Class A Ordinary Shares
NASDAQ:PTOR
|
$251.58 Million |
|
Commerce.com, Inc.
NASDAQ:CMRC
|
$251.92 Million |
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
$252.01 Million |
|
Renatus Tactical Acquisition Corp I Class A Ordinary Shares
NASDAQ:RTAC
|
$251.16 Million |
|
ELRINGKLINGER.UNSP.ADR/2
F:ZIL
|
$250.99 Million |
|
Barnes & Noble Education Inc
NYSE:BNED
|
$250.98 Million |
|
SYLVANIA PLAT. DL 001
F:31L
|
$250.91 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 2023 to 2024, total equity changed from 54,606,807,000 to 54,867,590,000, a change of 260,783,000 (0.5%).
- Net income of 18,505,355,000 contributed positively to equity growth.
- Dividend payments of 17,748,725,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$18.51 Billion | +33.73% |
| Dividends Paid | CL$17.75 Billion | -32.35% |
| Other Changes | CL$-495.85 Million | -0.9% |
| Total Change | CL$- | 0.48% |
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: 4.10x
- 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 5.15x to 4.10x 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$1018.80 | x |
| 2018-12-31 | CL$220.36 | CL$1018.80 | x |
| 2019-12-31 | CL$223.09 | CL$1018.80 | x |
| 2020-12-31 | CL$215.83 | CL$1018.80 | x |
| 2021-12-31 | CL$252.31 | CL$1018.80 | x |
| 2022-12-31 | CL$230.87 | CL$1018.80 | x |
| 2023-12-31 | CL$247.57 | CL$1018.80 | x |
| 2024-12-31 | CL$248.75 | CL$1018.80 | 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): 33.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.67%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.47x
- Recent ROE (33.73%) is above the historical average (27.14%), 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 |
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: $1,561,846,488,000
- Average return on equity (ROE) among peers: 11.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zona Franca de Iquique S.A (ZOFRI) | CL$69.56 Billion | 22.59% | 1.00x | $251.31 Million |
| Cencosud Shopping SA (CENCOMALLS) | $2.83 Trillion | 9.42% | 0.51x | $4.93 Billion |
| Plaza S.A (MALLPLAZA) | $1.74 Trillion | 6.08% | 0.85x | $9.82 Billion |
| Paz Corp (PAZ) | $107.42 Billion | 19.88% | 1.89x | $266.19 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.