SJM HOLDINGS UNSP.ADR/4 (3MG1) - Net Assets
Based on the latest financial reports, SJM HOLDINGS UNSP.ADR/4 (3MG1) has net assets worth €13.79 Billion EUR (≈ $16.12 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€51.21 Billion ≈ $59.87 Billion USD) and total liabilities (€37.42 Billion ≈ $43.74 Billion 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. Explore SJM HOLDINGS UNSP.ADR/4 operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.79 Billion |
| % of Total Assets | 26.93% |
| Annual Growth Rate | -9.33% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.64 |
SJM HOLDINGS UNSP.ADR/4 - Net Assets Trend (2021–2025)
This chart illustrates how SJM HOLDINGS UNSP.ADR/4's net assets have evolved over time, based on quarterly financial data. Also explore SJM HOLDINGS UNSP.ADR/4 asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for SJM HOLDINGS UNSP.ADR/4 (2021–2025)
The table below shows the annual net assets of SJM HOLDINGS UNSP.ADR/4 from 2021 to 2025. For live valuation and market cap data, see 3MG1 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €13.79 Billion ≈ $16.12 Billion |
-2.71% |
| 2024-12-31 | €14.18 Billion ≈ $16.57 Billion |
+0.64% |
| 2023-12-31 | €14.09 Billion ≈ $16.47 Billion |
-12.04% |
| 2022-12-31 | €16.01 Billion ≈ $18.72 Billion |
-21.52% |
| 2021-12-31 | €20.41 Billion ≈ $23.86 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to SJM HOLDINGS UNSP.ADR/4'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €13.47 Billion | 100.00% |
| Total Equity | €13.47 Billion | 100.00% |
SJM HOLDINGS UNSP.ADR/4 Competitors by Market Cap
The table below lists competitors of SJM HOLDINGS UNSP.ADR/4 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bestway Marine & Energy Technology Co Ltd
SHE:300008
|
$1.66 Billion |
|
Primaris Retail R.E. Invest. Tr. Units
TO:PMZ-UN
|
$1.66 Billion |
|
Faraday Technology Corp
TW:3035
|
$1.66 Billion |
|
Zhuzhou Times New Material Technology Co Ltd
SHG:600458
|
$1.66 Billion |
|
IReader Technology Co Ltd
SHG:603533
|
$1.66 Billion |
|
Stolt-Nielsen Limited
OL:SNI
|
$1.66 Billion |
|
China National Accord Medicines Corp Ltd
SHE:000028
|
$1.66 Billion |
|
Tongyu Heavy Industry
SHE:300185
|
$1.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SJM HOLDINGS UNSP.ADR/4's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,924,100,000 to 13,468,800,000, a change of -455,300,000 (-3.3%).
- Net loss of 429,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-429.00 Million | -3.19% |
| Other Changes | €-26.30 Million | -0.2% |
| Total Change | €- | -3.27% |
Book Value vs Market Value Analysis
This analysis compares SJM HOLDINGS UNSP.ADR/4'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: 0.42x
- 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 increased from 0.24x to 0.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €3.36 | €0.80 | x |
| 2022-12-31 | €2.25 | €0.80 | x |
| 2023-12-31 | €1.96 | €0.80 | x |
| 2024-12-31 | €1.96 | €0.80 | x |
| 2025-12-31 | €1.90 | €0.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SJM HOLDINGS UNSP.ADR/4 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): -3.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.57%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 3.80x
- Recent ROE (-3.19%) is above the historical average (-17.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -20.37% | -70.35% | 0.12x | 2.45x | €-6.18 Billion |
| 2022 | -48.74% | -195.06% | 0.08x | 3.29x | €-9.40 Billion |
| 2023 | -14.42% | -15.30% | 0.26x | 3.57x | €-3.40 Billion |
| 2024 | 0.02% | 0.02% | 0.35x | 3.50x | €-1.39 Billion |
| 2025 | -3.19% | -2.57% | 0.33x | 3.80x | €-1.78 Billion |
Industry Comparison
This section compares SJM HOLDINGS UNSP.ADR/4's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $355,901,556
- Average return on equity (ROE) among peers: 57.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SJM HOLDINGS UNSP.ADR/4 (3MG1) | €13.79 Billion | -20.37% | 2.71x | $1.66 Billion |
| SANDS CHINA ADR/1 O.N. (599) | $-700.00 Million | 0.00% | 0.00x | $14.41 Billion |
| Sands China Ltd (599A) | $5.84 Billion | 24.99% | 0.84x | $14.73 Billion |
| Wynn Macau Limited (8WY) | $1.52 Billion | 411.30% | 29.35x | $3.25 Billion |
| WYNN MACAU LTD ADR/10 (8WY0) | $-17.15 Billion | 0.00% | 0.00x | $3.19 Billion |
| The Star Entertainment Group Limited (EE9) | $3.78 Billion | 3.92% | 0.39x | $348.40 Million |
| MGM China Holdings Limited (M04) | $4.92 Billion | 63.33% | 3.47x | $4.55 Billion |
| Melco Resorts & Entertainment Limited (MAS) | $3.34 Billion | 10.40% | 1.67x | $1.69 Billion |
| NagaCorp Ltd (N9J) | $1.65 Billion | -8.91% | 0.47x | $1.95 Billion |
| Regenbogen AG (RGB) | $16.23 Million | 8.55% | 1.33x | $12.30 Million |
About SJM HOLDINGS UNSP.ADR/4
SJM Holdings Limited, an investment holding company, owns, develops, and operates casinos and integrated entertainment resorts in Macau. It operates through two segments, Gaming Operations; and Hotel, Catering, Retail and Leasing Operations. The Gaming Operations segment is involved in the rolling, non-rolling, and electronic game gaming operations. The Hotel, Catering, Retail, and Leasing Operat… Read more