AVICHINA IND -H- (AVT.SG)
AVICHINA IND -H- (AVT.SG) operates in Diversified Metals & Mining.
AVICHINA IND -H- (AVT.SG) (AVT) - Net Assets
Latest net assets as of December 2023: €88.06 Billion EUR
Based on the latest financial reports, AVICHINA IND -H- (AVT.SG) (AVT) has net assets worth €88.06 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€185.02 Billion) and total liabilities (€96.96 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 | €88.06 Billion |
| % of Total Assets | 47.59% |
| Annual Growth Rate | 14.98% |
| 5-Year Change | 128.42% |
| 10-Year Change | 277.9% |
| Growth Volatility | 8.64 |
AVICHINA IND -H- (AVT.SG) - Net Assets Trend (2013–2023)
This chart illustrates how AVICHINA IND -H- (AVT.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AVICHINA IND -H- (AVT.SG) (2013–2023)
The table below shows the annual net assets of AVICHINA IND -H- (AVT.SG) from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €88.06 Billion | +16.60% |
| 2022-12-31 | €75.52 Billion | +37.89% |
| 2021-12-31 | €54.77 Billion | +18.67% |
| 2020-12-31 | €46.15 Billion | +19.72% |
| 2019-12-31 | €38.55 Billion | +10.23% |
| 2018-12-31 | €34.97 Billion | +12.24% |
| 2017-12-31 | €31.16 Billion | +9.96% |
| 2016-12-31 | €28.34 Billion | +7.26% |
| 2015-12-31 | €26.42 Billion | +13.38% |
| 2014-12-31 | €23.30 Billion | +6.85% |
| 2013-12-31 | €21.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AVICHINA IND -H- (AVT.SG)'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 1049.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.92 Billion | 28.26% |
| Other Components | €22.65 Billion | 71.74% |
| Total Equity | €31.57 Billion | 100.00% |
AVICHINA IND -H- (AVT.SG) Competitors by Market Cap
The table below lists competitors of AVICHINA IND -H- (AVT.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Creativeforge Games SA
WAR:CFG
|
$4.39K |
|
JG Summit Holdings Inc
PSE:JGS
|
$4.39K |
|
Parx Plastics NV
PA:MLPRX
|
$4.39K |
|
Hung Hau Agricultural Corp
VN:SJ1
|
$4.39K |
|
MINDMAZE THERAPEUTICS HOLDING SA
SW:MMTX
|
$4.38K |
|
Binh Thuan Books and Equipment JSC
VN:BST
|
$4.37K |
|
Linius Technologies Limited
PINK:LNNTF
|
$4.37K |
|
Systems Limited
KAR:SYS
|
$4.37K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AVICHINA IND -H- (AVT.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 29,893,550,583 to 31,572,204,515, a change of 1,678,653,932 (5.6%).
- Net income of 6,688,581,303 contributed positively to equity growth.
- Dividend payments of 2,316,274,796 reduced retained earnings.
- Other factors decreased equity by 2,693,652,575.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €6.69 Billion | +21.19% |
| Dividends Paid | €2.32 Billion | -7.34% |
| Other Changes | €-2.69 Billion | -8.53% |
| Total Change | €- | 5.62% |
Book Value vs Market Value Analysis
This analysis compares AVICHINA IND -H- (AVT.SG)'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: 0.11x
- 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 decreased from 0.88x to 0.11x 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 | €0.49 | €0.43 | x |
| 2018-12-31 | €2.69 | €0.43 | x |
| 2019-12-31 | €2.96 | €0.43 | x |
| 2020-12-31 | €2.98 | €0.43 | x |
| 2021-12-31 | €3.49 | €0.43 | x |
| 2022-12-31 | €3.88 | €0.43 | x |
| 2023-12-31 | €3.96 | €0.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AVICHINA IND -H- (AVT.SG) 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): 21.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.89%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 5.86x
- Recent ROE (21.19%) is above the historical average (10.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.04% | 3.21% | 0.44x | 5.03x | €-299.66 Million |
| 2014 | 7.22% | 3.04% | 0.47x | 5.06x | €-300.25 Million |
| 2015 | 9.03% | 3.32% | 0.51x | 5.30x | €-123.08 Million |
| 2016 | 8.35% | 3.05% | 0.53x | 5.19x | €-221.02 Million |
| 2017 | 8.31% | 3.75% | 0.41x | 5.37x | €-248.65 Million |
| 2018 | 7.66% | 3.66% | 0.41x | 5.16x | €-392.50 Million |
| 2019 | 7.45% | 3.27% | 0.46x | 4.91x | €-471.23 Million |
| 2020 | 8.41% | 3.80% | 0.44x | 5.03x | €-364.66 Million |
| 2021 | 8.81% | 3.93% | 0.45x | 4.98x | €-321.45 Million |
| 2022 | 19.65% | 7.46% | 0.44x | 5.99x | €2.88 Billion |
| 2023 | 21.19% | 7.89% | 0.46x | 5.86x | €3.53 Billion |
Industry Comparison
This section compares AVICHINA IND -H- (AVT.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AVICHINA IND -H- (AVT.SG) (AVT) | €88.06 Billion | 7.04% | 1.10x | $4.38K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |