FIRST PACIFIC (FPC.SG)
FIRST PACIFIC (FPC.SG) operates in Diversified Metals & Mining.
FIRST PACIFIC (FPC.SG) (FPC) - Net Assets
Latest net assets as of December 2023: €11.57 Billion EUR
Based on the latest financial reports, FIRST PACIFIC (FPC.SG) (FPC) has net assets worth €11.57 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 (€27.36 Billion) and total liabilities (€15.79 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 | €11.57 Billion |
| % of Total Assets | 42.28% |
| Annual Growth Rate | 5.35% |
| 5-Year Change | 32.07% |
| 10-Year Change | N/A |
| Growth Volatility | 8.03 |
FIRST PACIFIC (FPC.SG) - Net Assets Trend (2016–2023)
This chart illustrates how FIRST PACIFIC (FPC.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 FIRST PACIFIC (FPC.SG) (2016–2023)
The table below shows the annual net assets of FIRST PACIFIC (FPC.SG) from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €11.57 Billion | +11.59% |
| 2022-12-31 | €10.37 Billion | -2.33% |
| 2021-12-31 | €10.61 Billion | -0.14% |
| 2020-12-31 | €10.63 Billion | +21.36% |
| 2019-12-31 | €8.76 Billion | +0.55% |
| 2018-12-31 | €8.71 Billion | -0.37% |
| 2017-12-31 | €8.74 Billion | +8.81% |
| 2016-12-31 | €8.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIRST PACIFIC (FPC.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 116.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.83 Billion | 76.73% |
| Other Components | €858.20 Million | 23.27% |
| Total Equity | €3.69 Billion | 100.00% |
FIRST PACIFIC (FPC.SG) Competitors by Market Cap
The table below lists competitors of FIRST PACIFIC (FPC.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NetPay International Inc
PINK:NTPY
|
$6.40K |
|
Kalma Capital Corp.
V:KALM-P
|
$6.41K |
|
Karbon Capital Partners Corp. Warrant
NASDAQ:KBONW
|
$6.42K |
|
Eurosnack
WAR:ECK
|
$6.43K |
|
AALR3F
SA:AALR3F
|
$6.40K |
|
Fideicomiso Irrevocable F/2061 FHipo
MX:FHIPO14
|
$6.40K |
|
Viet Nam Forestry Corporation JSC
VN:VIF
|
$6.39K |
|
LabTurbo Biotech Corporation
TWO:7725
|
$6.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIRST PACIFIC (FPC.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,296,500,000 to 3,688,000,000, a change of 391,500,000 (11.9%).
- Net income of 501,200,000 contributed positively to equity growth.
- Dividend payments of 119,000,000 reduced retained earnings.
- Share repurchases of 1,500,000 reduced equity.
- New share issuances of 408,300,000 increased equity.
- Other factors decreased equity by 397,500,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €501.20 Million | +13.59% |
| Dividends Paid | €119.00 Million | -3.23% |
| Share Repurchases | €1.50 Million | -0.04% |
| Share Issuances | €408.30 Million | +11.07% |
| Other Changes | €-397.50 Million | -10.78% |
| Total Change | €- | 11.88% |
Book Value vs Market Value Analysis
This analysis compares FIRST PACIFIC (FPC.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: 0.74x
- 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 0.87x to 0.74x 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 | €0.74 | €0.65 | x |
| 2018-12-31 | €0.71 | €0.65 | x |
| 2019-12-31 | €0.67 | €0.65 | x |
| 2020-12-31 | €0.72 | €0.65 | x |
| 2021-12-31 | €0.77 | €0.65 | x |
| 2022-12-31 | €0.78 | €0.65 | x |
| 2023-12-31 | €0.87 | €0.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIRST PACIFIC (FPC.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): 13.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.77%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 7.42x
- Recent ROE (13.59%) is above the historical average (5.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.32% | 1.52% | 0.39x | 5.53x | €-208.00 Million |
| 2017 | 3.75% | 1.66% | 0.36x | 6.34x | €-201.81 Million |
| 2018 | 4.27% | 1.70% | 0.37x | 6.78x | €-176.56 Million |
| 2019 | -8.67% | -3.15% | 0.37x | 7.47x | €-546.77 Million |
| 2020 | 6.42% | 2.83% | 0.26x | 8.58x | €-112.40 Million |
| 2021 | 10.10% | 3.66% | 0.34x | 8.05x | €3.44 Million |
| 2022 | 11.88% | 3.80% | 0.40x | 7.73x | €61.95 Million |
| 2023 | 13.59% | 4.77% | 0.38x | 7.42x | €132.40 Million |
Industry Comparison
This section compares FIRST PACIFIC (FPC.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 |
|---|---|---|---|---|
| FIRST PACIFIC (FPC.SG) (FPC) | €11.57 Billion | 3.32% | 1.37x | $6.40K |
| 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 |