Solar Philippines Nueva Ecija Corp
Solar Philippines Nueva Ecija Corp operates in Environmental & Facilities Services.
Solar Philippines Nueva Ecija Corp (SPNEC) - Total Assets
Latest total assets as of March 2023: ₱6.17 Billion PHP
Based on the latest financial reports, Solar Philippines Nueva Ecija Corp (SPNEC) holds total assets worth ₱6.17 Billion PHP as of March 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Solar Philippines Nueva Ecija Corp - Total Assets Trend (2017–2022)
This chart illustrates how Solar Philippines Nueva Ecija Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solar Philippines Nueva Ecija Corp - Asset Composition Analysis
Current Asset Composition (December 2022)
Solar Philippines Nueva Ecija Corp's total assets of ₱6.17 Billion consist of 24.6% current assets and 75.4% non-current assets.
| Asset Category | Amount (PHP) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₱0.00 | 0.6% |
| Accounts Receivable | ₱0.00 | 0.0% |
| Inventory | ₱0.00 | 0.0% |
| Property, Plant & Equipment | ₱1.67 Billion | 26.9% |
| Intangible Assets | ₱0.00 | 0.0% |
| Goodwill | ₱0.00 | 0.0% |
Asset Composition Trend (2017–2022)
This chart illustrates how Solar Philippines Nueva Ecija Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Solar Philippines Nueva Ecija Corp's current assets represent 24.6% of total assets in 2022, an increase from 0.4% in 2017.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2022, up from 0.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 26.9% of total assets.
Solar Philippines Nueva Ecija Corp Competitors by Total Assets
Key competitors of Solar Philippines Nueva Ecija Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alsons Consolidated Resources Inc
PSE:ACR
|
Philippines | ₱47.48 Billion |
|
Manila Electric Co
PSE:MER
|
Philippines | ₱513.46 Billion |
|
Vivant Corp
PSE:VVT
|
Philippines | ₱28.44 Billion |
|
SDN Company. Ltd
KQ:099220
|
Korea | ₩159.08 Billion |
|
AC Energy Philippines Inc
PSE:ACEN
|
Philippines | ₱242.74 Billion |
|
Altern Energy Ltd
KAR:ALTN
|
Pakistan | PKRs33.51 Billion |
|
Aboitiz Power Corp
PSE:AP
|
Philippines | ₱478.55 Billion |
|
Entergy New Orleans LLC Pref
NYSE:ENO
|
USA | $4.55 Billion |
Solar Philippines Nueva Ecija Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Solar Philippines Nueva Ecija Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Solar Philippines Nueva Ecija Corp is currently not profitable relative to its asset base.
Solar Philippines Nueva Ecija Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 14.08 | 47.27 | 0.03 |
| Quick Ratio | 14.08 | 47.27 | 0.03 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₱1.12 Billion | ₱ 2.09 Billion | ₱ -42.40 Million |
Solar Philippines Nueva Ecija Corp - Advanced Valuation Insights
This section examines the relationship between Solar Philippines Nueva Ecija Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 82.3% |
| Total Assets | ₱6.20 Billion |
| Market Capitalization | $207.05 USD |
Valuation Analysis
Below Book Valuation: The market values Solar Philippines Nueva Ecija Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Solar Philippines Nueva Ecija Corp's assets grew by 82.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Solar Philippines Nueva Ecija Corp (2017–2022)
The table below shows the annual total assets of Solar Philippines Nueva Ecija Corp from 2017 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | ₱6.20 Billion | +82.26% |
| 2021-12-31 | ₱3.40 Billion | +306.54% |
| 2020-12-31 | ₱837.25 Million | +1691.59% |
| 2019-12-31 | ₱46.73 Million | +10.20% |
| 2018-12-31 | ₱42.41 Million | +28.30% |
| 2017-12-31 | ₱33.05 Million | -- |