Shui On Land Limited (OL5) - Net Assets
Based on the latest financial reports, Shui On Land Limited (OL5) has net assets worth €39.99 Billion EUR (≈ $46.75 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 (€83.39 Billion ≈ $97.49 Billion USD) and total liabilities (€43.40 Billion ≈ $50.74 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. Check OL5 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €39.99 Billion |
| % of Total Assets | 47.96% |
| Annual Growth Rate | 0.11% |
| 5-Year Change | -8.7% |
| 10-Year Change | -7.48% |
| Growth Volatility | 5.09 |
Shui On Land Limited - Net Assets Trend (2013–2024)
This chart illustrates how Shui On Land Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shui On Land Limited (OL5) market capitalisation.
Annual Net Assets for Shui On Land Limited (2013–2024)
The table below shows the annual net assets of Shui On Land Limited from 2013 to 2024. Also explore OL5 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €42.67 Billion ≈ $49.88 Billion |
-3.35% |
| 2023-12-31 | €44.15 Billion ≈ $51.61 Billion |
-0.57% |
| 2022-12-31 | €44.40 Billion ≈ $51.91 Billion |
-9.71% |
| 2021-12-31 | €49.18 Billion ≈ $57.49 Billion |
+5.23% |
| 2020-12-31 | €46.73 Billion ≈ $54.64 Billion |
-5.22% |
| 2019-12-31 | €49.31 Billion ≈ $57.65 Billion |
+4.42% |
| 2018-12-31 | €47.22 Billion ≈ $55.20 Billion |
-3.98% |
| 2017-12-31 | €49.17 Billion ≈ $57.49 Billion |
+6.31% |
| 2016-12-31 | €46.26 Billion ≈ $54.08 Billion |
+0.30% |
| 2015-12-31 | €46.12 Billion ≈ $53.92 Billion |
+2.66% |
| 2014-12-31 | €44.92 Billion ≈ $52.52 Billion |
+6.52% |
| 2013-12-31 | €42.17 Billion ≈ $49.31 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Shui On Land 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 grown by 28.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €21.96 Billion | 57.07% |
| Other Components | €16.52 Billion | 42.93% |
| Total Equity | €38.48 Billion | 100.00% |
Shui On Land Limited Competitors by Market Cap
The table below lists competitors of Shui On Land Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Cynda Chemcial Co Ltd
SHG:603086
|
$365.22 Million |
|
Lifeway Foods Inc
NASDAQ:LWAY
|
$365.24 Million |
|
Cre8 Direct Ningbo Co Ltd
SHE:300703
|
$365.33 Million |
|
Agro Tech Foods Limited
NSE:ATFL
|
$365.36 Million |
|
Shih Her Technologies
TWO:3551
|
$364.70 Million |
|
Oxiquim S.A
SN:OXIQUIM
|
$364.60 Million |
|
OceanPact Serviços Marítimos S.A
SA:OPCT3
|
$364.57 Million |
|
Hellenic Exchanges - Athens Stock Exchange SA
AT:EXAE
|
$364.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shui On Land Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,863,000,000 to 38,485,000,000, a change of -378,000,000 (-1.0%).
- Net income of 180,000,000 contributed positively to equity growth.
- Dividend payments of 423,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €180.00 Million | +0.47% |
| Dividends Paid | €423.00 Million | -1.1% |
| Other Changes | €-135.00 Million | -0.35% |
| Total Change | €- | -0.97% |
Book Value vs Market Value Analysis
This analysis compares Shui On Land 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
- 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 | €5.42 | €0.04 | x |
| 2018-12-31 | €5.51 | €0.04 | x |
| 2019-12-31 | €5.64 | €0.04 | x |
| 2020-12-31 | €5.29 | €0.04 | x |
| 2021-12-31 | €5.46 | €0.04 | x |
| 2022-12-31 | €4.88 | €0.04 | x |
| 2023-12-31 | €4.84 | €0.04 | x |
| 2024-12-31 | €4.80 | €0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shui On Land 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): 0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.20%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.39x
- Recent ROE (0.47%) is below the historical average (3.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.41% | 21.62% | 0.10x | 2.51x | €-1.80 Billion |
| 2014 | 4.06% | 17.35% | 0.09x | 2.48x | €-2.60 Billion |
| 2015 | 1.92% | 12.18% | 0.06x | 2.85x | €-3.32 Billion |
| 2016 | 3.67% | 8.73% | 0.14x | 2.92x | €-2.65 Billion |
| 2017 | 5.13% | 12.15% | 0.16x | 2.62x | €-2.13 Billion |
| 2018 | 5.12% | 9.17% | 0.23x | 2.48x | €-2.17 Billion |
| 2019 | 5.09% | 22.30% | 0.10x | 2.38x | €-2.23 Billion |
| 2020 | -0.99% | -9.18% | 0.04x | 2.71x | €-4.69 Billion |
| 2021 | 4.25% | 10.65% | 0.15x | 2.59x | €-2.53 Billion |
| 2022 | 2.61% | 6.57% | 0.15x | 2.68x | €-2.89 Billion |
| 2023 | 2.08% | 8.31% | 0.10x | 2.60x | €-3.08 Billion |
| 2024 | 0.47% | 2.20% | 0.09x | 2.39x | €-3.67 Billion |
Industry Comparison
This section compares Shui On Land 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: $58,044,722,448
- Average return on equity (ROE) among peers: 9.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shui On Land Limited (OL5) | €39.99 Billion | 5.41% | 1.09x | $365.20 Million |
| REDSUN PROPERTIES GROUP (0RJ) | $14.82 Billion | -48.67% | 4.05x | $3.34 Million |
| CHINA VANKE CO.LTD H YC 1 (18V) | $392.77 Billion | 5.73% | 3.94x | $624.27 Million |
| ABITARE IN S.P.A. (1BN) | $110.97 Million | 5.21% | 1.77x | $69.78 Million |
| RONSHINE CH.HLD.HD-00001 (1R7) | $52.28 Billion | 2.48% | 3.69x | $16.83 Million |
| Pruksa Holding Public Company Limited (2PR3) | $45.83 Billion | 4.81% | 0.50x | $205.77 Million |
| Zhong An Group Limited (35Z) | $12.88 Billion | 0.15% | 2.05x | $19.67 Million |
| Sino-Ocean Group Holding Limited (3SD) | $44.38 Billion | 10.36% | 1.98x | $103.65 Million |
| BARKBY GRP PLC LS 000860 (3WY) | $32.85 Million | 132.07% | 0.83x | $125.67 Million |
| HUIJING HLDG.CO.LTD HD-01 (3XU) | $-2.05 Billion | 0.00% | 0.00x | $28.90 Million |
| ZHONGLIANG HLDG HD-01 (3ZH) | $19.38 Billion | -12.52% | 5.87x | $10.40 Million |
About Shui On Land Limited
Shui On Land Limited, an investment holding company, develops and sells properties in the People's Republic of China. It operates through four segments: Property Development, Property Investment, Property Management, and Construction. The company develops and sells residential and commercial properties; and leases offices and commercial/mall properties. It also provides property management servic… Read more