Glorious Property Holdings Limited
Glorious Property Holdings Limited, an investment holding company, invests in, develops, and sells real estate properties in the People's Republic of China. The company develops residential, commercial, serviced apartment, office, and hotel projects. It has various land bank located in Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. In addition, the company is involved i… Read more
Glorious Property Holdings Limited (GI0A) - Net Assets
Latest net assets as of June 2024: €-3.44 Billion EUR
Based on the latest financial reports, Glorious Property Holdings Limited (GI0A) has net assets worth €-3.44 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€43.72 Billion) and total liabilities (€47.16 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 | €-3.44 Billion |
| % of Total Assets | -7.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | -151.11% |
| 10-Year Change | -117.04% |
| Growth Volatility | 687.32 |
Glorious Property Holdings Limited - Net Assets Trend (2013–2023)
This chart illustrates how Glorious Property Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Glorious Property Holdings Limited (2013–2023)
The table below shows the annual net assets of Glorious Property Holdings Limited from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €-2.82 Billion | -2318.99% |
| 2022-12-31 | €127.17 Million | -70.05% |
| 2021-12-31 | €424.64 Million | -92.40% |
| 2020-12-31 | €5.59 Billion | +1.22% |
| 2019-12-31 | €5.52 Billion | -11.86% |
| 2018-12-31 | €6.26 Billion | +4.67% |
| 2017-12-31 | €5.98 Billion | -31.30% |
| 2016-12-31 | €8.71 Billion | -35.65% |
| 2015-12-31 | €13.54 Billion | -18.27% |
| 2014-12-31 | €16.56 Billion | -16.09% |
| 2013-12-31 | €19.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glorious Property Holdings Limited'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 2023)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | €-2.96 Billion | 100.00% |
Glorious Property Holdings Limited Competitors by Market Cap
The table below lists competitors of Glorious Property Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Noida Toll Bridge Company Limited
NSE:NOIDATOLL
|
$4.08 Million |
|
Nagambie Resources Ltd
AU:NAG
|
$4.08 Million |
|
MESB Bhd
KLSE:7234
|
$4.08 Million |
|
Mon Courtier Energie Groupe SA
PA:ALMCE
|
$4.08 Million |
|
Copper Lake Resources Ltd
PINK:WTCZF
|
$4.07 Million |
|
Gentrogroup Co. Ltd.
KQ:083660
|
$4.07 Million |
|
Tunas Alfin Tbk
JK:TALF
|
$4.07 Million |
|
Mayfield Childcare Ltd
AU:MFD
|
$4.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glorious Property Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from -7,229,000 to -2,956,382,000, a change of -2,949,153,000.
- Net loss of 2,949,153,000 reduced equity.
- Other factors decreased equity by 0.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.95 Billion | -99.76% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares Glorious Property Holdings Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.76 | €0.00 | x |
| 2018-12-31 | €0.81 | €0.00 | x |
| 2019-12-31 | €0.69 | €0.00 | x |
| 2020-12-31 | €0.70 | €0.00 | x |
| 2021-12-31 | €0.04 | €0.00 | x |
| 2022-12-31 | €0.00 | €0.00 | x |
| 2023-12-31 | €-0.38 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glorious Property Holdings Limited 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -111.72%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-174.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.58% | 3.55% | 0.15x | 2.93x | €-1.55 Billion |
| 2014 | -19.39% | -70.27% | 0.08x | 3.49x | €-4.54 Billion |
| 2015 | -30.96% | -165.71% | 0.04x | 4.58x | €-5.13 Billion |
| 2016 | -47.29% | -156.30% | 0.05x | 6.48x | €-4.87 Billion |
| 2017 | -44.26% | -75.27% | 0.07x | 8.76x | €-3.20 Billion |
| 2018 | 8.33% | 5.21% | 0.20x | 8.16x | €-105.56 Million |
| 2019 | -17.86% | -16.48% | 0.11x | 9.78x | €-1.49 Billion |
| 2020 | 1.49% | 2.89% | 0.05x | 9.52x | €-463.01 Million |
| 2021 | -1775.10% | -155.23% | 0.07x | 171.96x | €-5.18 Billion |
| 2022 | 0.00% | -4.66% | 0.13x | 0.00x | €-296.63 Million |
| 2023 | 0.00% | -111.72% | 0.06x | 0.00x | €-2.65 Billion |
Industry Comparison
This section compares Glorious Property Holdings Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,150,334,698,800
- Average return on equity (ROE) among peers: -10.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glorious Property Holdings Limited (GI0A) | €-3.44 Billion | 1.58% | N/A | $4.08 Million |
| AGUNG PODOMORO (2AG.SG) (2AG) | $11.36 Trillion | -1.20% | 1.68x | $1.33 Million |
| Zhong An Group Limited (35Z) | $7.55 Billion | 5.57% | 1.92x | $17.05 Million |
| Cham Swiss Properties AG (4U3) | $349.67 Million | 1.98% | 0.29x | $848.13 Million |
| CIFI Holdings (Group) Co. Ltd (6CI) | $86.18 Billion | -15.02% | 3.48x | $26.44 Million |
| Agile Group Holdings Limited (A8P) | $44.18 Billion | 14.71% | 2.70x | $45.46 Million |
| Arco Vara AS (AV1) | $17.96 Million | 11.53% | 0.75x | $6.48 Million |
| Bukit Sembawang Estates Limited (B1W1) | $1.23 Billion | 9.03% | 0.08x | $456.38 Million |
| Coastal Greenland Limited (CGR0) | $2.80 Billion | -15.22% | 1.42x | $4.47 Million |
| China Changbaishan International Holdings Limited (CL70) | $44.54 Million | -127.88% | 45.52x | $14.69 Million |
| Cheuk Nang (Holdings) Limited (CQH3) | $5.77 Billion | 7.64% | 0.54x | $21.64 Million |