SPRINGFIELD PROP. LS-125 (9MZ) - Net Assets
Based on the latest financial reports, SPRINGFIELD PROP. LS-125 (9MZ) has net assets worth €171.93 Million EUR (≈ $201.01 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€317.44 Million ≈ $371.12 Million USD) and total liabilities (€145.51 Million ≈ $170.11 Million 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 9MZ tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €171.93 Million |
| % of Total Assets | 54.16% |
| Annual Growth Rate | 6.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.54 |
SPRINGFIELD PROP. LS-125 - Net Assets Trend (2022–2025)
This chart illustrates how SPRINGFIELD PROP. LS-125's net assets have evolved over time, based on quarterly financial data. See 9MZ defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SPRINGFIELD PROP. LS-125 (2022–2025)
The table below shows the annual net assets of SPRINGFIELD PROP. LS-125 from 2022 to 2025. For live valuation and market cap data, see 9MZ stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | €171.25 Million ≈ $200.22 Million |
+8.25% |
| 2024-05-31 | €158.21 Million ≈ $184.96 Million |
+5.03% |
| 2023-05-31 | €150.63 Million ≈ $176.11 Million |
+4.95% |
| 2022-05-31 | €143.53 Million ≈ $167.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SPRINGFIELD PROP. LS-125'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 42.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €92.36 Million | 53.93% |
| Other Components | €78.89 Million | 46.07% |
| Total Equity | €171.25 Million | 100.00% |
SPRINGFIELD PROP. LS-125 Competitors by Market Cap
The table below lists competitors of SPRINGFIELD PROP. LS-125 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanmiglobal
KO:053690
|
$132.30 Million |
|
6K Additive Inc
AU:6KA
|
$132.38 Million |
|
Ice Make Refrigeration Limited
NSE:ICEMAKE
|
$132.38 Million |
|
Leo Systems
TWO:5410
|
$132.40 Million |
|
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust
BK:TPRIME
|
$132.25 Million |
|
Lima Dua Lima Tiga PT
JK:LUCY
|
$132.25 Million |
|
Connect Biopharma Holdings Ltd
NASDAQ:CNTB
|
$132.22 Million |
|
MEDIFAST INC
NYSE:MED
|
$132.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SPRINGFIELD PROP. LS-125's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 158,207,000 to 171,255,000, a change of 13,048,000 (8.2%).
- Net income of 14,096,000 contributed positively to equity growth.
- Dividend payments of 1,188,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €14.10 Million | +8.23% |
| Dividends Paid | €1.19 Million | -0.69% |
| Other Changes | €140.00K | +0.08% |
| Total Change | €- | 8.25% |
Book Value vs Market Value Analysis
This analysis compares SPRINGFIELD PROP. LS-125'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 0.88x 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 |
|---|---|---|---|
| 2022-05-31 | €1.21 | €1.07 | x |
| 2023-05-31 | €1.27 | €1.07 | x |
| 2024-05-31 | €1.33 | €1.07 | x |
| 2025-05-31 | €1.44 | €1.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SPRINGFIELD PROP. LS-125 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.02%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.75x
- Recent ROE (8.23%) is above the historical average (8.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 11.20% | 6.25% | 0.89x | 2.00x | €1.72 Million |
| 2023 | 8.01% | 3.64% | 1.01x | 2.19x | €-2.99 Million |
| 2024 | 4.77% | 2.83% | 0.87x | 1.93x | €-8.27 Million |
| 2025 | 8.23% | 5.02% | 0.94x | 1.75x | €-3.03 Million |
Industry Comparison
This section compares SPRINGFIELD PROP. LS-125's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $2,732,000,000
- Average return on equity (ROE) among peers: 10.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SPRINGFIELD PROP. LS-125 (9MZ) | €171.93 Million | 11.20% | 0.85x | $132.26 Million |
| Persimmon Plc (OHP) | $2.05 Billion | 12.57% | 0.48x | $4.09 Billion |
| PERSIMMON UNSPON. ADR 2 (OHP0) | $3.42 Billion | 7.47% | 0.40x | $4.87 Billion |
About SPRINGFIELD PROP. LS-125
Springfield Properties Plc, together with its subsidiaries, engages in the residential housebuilding and land development in the United Kingdom. The company offers private, affordable, and contract housing, as well as provides development services to third party private organizations. It is also involved in hiring plants and machineries; buying and selling real estate; property development activi… Read more