Red Star Macalline Group Corporation Ltd (3S5) - Net Assets
Based on the latest financial reports, Red Star Macalline Group Corporation Ltd (3S5) has net assets worth €49.02 Billion EUR (≈ $57.31 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€117.64 Billion ≈ $137.54 Billion USD) and total liabilities (€68.62 Billion ≈ $80.23 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. Check 3S5 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €49.02 Billion |
| % of Total Assets | 41.67% |
| Annual Growth Rate | 0.92% |
| 5-Year Change | 0.4% |
| 10-Year Change | N/A |
| Growth Volatility | 6.87 |
Red Star Macalline Group Corporation Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Red Star Macalline Group Corporation Ltd's net assets have evolved over time, based on quarterly financial data. See Red Star Macalline Group Corporation Ltd (3S5) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Red Star Macalline Group Corporation Ltd (2016–2024)
The table below shows the annual net assets of Red Star Macalline Group Corporation Ltd from 2016 to 2024. For live valuation and market cap data, see 3S5 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €51.30 Billion ≈ $59.98 Billion |
-6.96% |
| 2023-12-31 | €55.14 Billion ≈ $64.47 Billion |
-4.93% |
| 2022-12-31 | €58.00 Billion ≈ $67.81 Billion |
+0.82% |
| 2021-12-31 | €57.53 Billion ≈ $67.26 Billion |
+12.59% |
| 2020-12-31 | €51.10 Billion ≈ $59.74 Billion |
+4.31% |
| 2019-12-31 | €48.98 Billion ≈ $57.27 Billion |
+8.14% |
| 2018-12-31 | €45.30 Billion ≈ $52.96 Billion |
+3.10% |
| 2017-12-31 | €43.93 Billion ≈ $51.36 Billion |
-7.88% |
| 2016-12-31 | €47.69 Billion ≈ $55.75 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Red Star Macalline Group Corporation Ltd'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 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €48.20 Billion | 100.00% |
| Total Equity | €48.20 Billion | 100.00% |
Red Star Macalline Group Corporation Ltd Competitors by Market Cap
The table below lists competitors of Red Star Macalline Group Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Monroe Capital Corp
NASDAQ:MRCC
|
$110.07 Million |
|
Buda Juice, Inc.
NYSE MKT:BUDA
|
$110.08 Million |
|
Endava plc
F:2Y5
|
$110.08 Million |
|
Vacasa Inc
NASDAQ:VCSA
|
$110.13 Million |
|
Concorde International Group Ltd Class A Ordinary Shares
NASDAQ:CIGL
|
$110.05 Million |
|
Hansol Paper Co Ltd
KO:213500
|
$110.05 Million |
|
Comet Ridge Ltd
AU:COI
|
$110.05 Million |
|
Arctic Paper SA
WAR:ATC
|
$110.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Red Star Macalline Group Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,832,394,000 to 48,198,250,000, a change of -3,634,144,000 (-7.0%).
- Net loss of 3,492,042,000 reduced equity.
- Dividend payments of 118,801,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.49 Billion | -7.25% |
| Dividends Paid | €118.80 Million | -0.25% |
| Other Changes | €-23.30 Million | -0.05% |
| Total Change | €- | -7.01% |
Book Value vs Market Value Analysis
This analysis compares Red Star Macalline Group Corporation Ltd'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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €10.84 | €0.13 | x |
| 2018-12-31 | €10.68 | €0.13 | x |
| 2019-12-31 | €11.71 | €0.13 | x |
| 2020-12-31 | €12.18 | €0.13 | x |
| 2021-12-31 | €12.40 | €0.13 | x |
| 2022-12-31 | €12.50 | €0.13 | x |
| 2023-12-31 | €11.90 | €0.13 | x |
| 2024-12-31 | €11.07 | €0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Red Star Macalline Group Corporation Ltd 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): -7.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -44.65%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.46x
- Recent ROE (-7.25%) is below the historical average (4.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.29% | 43.48% | 0.10x | 2.11x | €-310.79 Million |
| 2017 | 10.09% | 37.21% | 0.11x | 2.40x | €35.22 Million |
| 2018 | 10.73% | 31.44% | 0.13x | 2.66x | €306.01 Million |
| 2019 | 9.80% | 27.20% | 0.13x | 2.68x | €-91.78 Million |
| 2020 | 3.64% | 12.16% | 0.11x | 2.77x | €-3.03 Billion |
| 2021 | 3.79% | 13.20% | 0.11x | 2.50x | €-3.35 Billion |
| 2022 | 1.25% | 4.80% | 0.11x | 2.38x | €-4.77 Billion |
| 2023 | -4.65% | -20.95% | 0.09x | 2.40x | €-7.60 Billion |
| 2024 | -7.25% | -44.65% | 0.07x | 2.46x | €-8.31 Billion |
Industry Comparison
This section compares Red Star Macalline Group Corporation Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $13,431,700,370
- Average return on equity (ROE) among peers: 6.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Red Star Macalline Group Corporation Ltd (3S5) | €49.02 Billion | 9.29% | 1.40x | $110.06 Million |
| Grainger PLC (1U4) | $1.93 Billion | 1.33% | 0.93x | $1.35 Billion |
| A-LIVING SM.CI.SV. H YC 1 (1V0) | $12.91 Billion | 17.88% | 0.56x | $337.61 Million |
| E-H.(CH)ENT. H. DL-00001 (1VC) | $-9.99 Million | 0.00% | 0.00x | $8.18 Million |
| RomReal Limited (3RR) | $16.83 Million | 9.10% | 0.07x | $8.39 Million |
| SOHO China Limited (45S) | $38.49 Billion | 19.20% | 1.02x | $246.98 Million |
| CELLN.TELEC.UNSP.ADR/1/2 (4720) | $15.32 Billion | -0.18% | 1.85x | $17.56 Billion |
| SHIMAO SERV.HLDGS HD-01 (5GO) | $8.65 Billion | 3.16% | 0.65x | $154.26 Million |
| SUNAC SERVIC.HLDGS HD-01 (65D) | $5.23 Billion | 3.87% | 0.88x | $292.36 Million |
| COUNTRY GARDEN SVDL-0001 (75H) | $38.35 Billion | 1.57% | 0.87x | $2.09 Billion |
About Red Star Macalline Group Corporation Ltd
Red Star Macalline Group Corporation Ltd. operates and manages home improvement and furnishing malls in the People's Republic of China. It operates through four segments: Owned/Leased Portfolio Shopping Malls; Managed Shopping Malls; Construction and Design; and Others. The company leases floor areas of shopping malls; operates as a construction contractor to develop and manage the shopping malls… Read more