Wing Tai Properties Limited
Wing Tai Properties Limited, an investment holding company, engages in the investment, development, and management of properties in Hong Kong, the United Kingdom, the People's Republic of China, Singapore, and internationally. It operates through Property Development, Property Investment and Management, Hospitality Investment and Management, and Others divisions. The company's investment properti… Read more
Wing Tai Properties Limited (USH) - Net Assets
Latest net assets as of June 2025: €22.12 Billion EUR
Based on the latest financial reports, Wing Tai Properties Limited (USH) has net assets worth €22.12 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€29.94 Billion) and total liabilities (€7.81 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 | €22.12 Billion |
| % of Total Assets | 73.9% |
| Annual Growth Rate | 1.0% |
| 5-Year Change | -15.63% |
| 10-Year Change | -0.11% |
| Growth Volatility | 6.45 |
Wing Tai Properties Limited - Net Assets Trend (2013–2024)
This chart illustrates how Wing Tai Properties 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 Wing Tai Properties Limited (2013–2024)
The table below shows the annual net assets of Wing Tai Properties Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €23.32 Billion | -10.63% |
| 2023-12-31 | €26.09 Billion | -4.51% |
| 2022-12-31 | €27.33 Billion | -2.98% |
| 2021-12-31 | €28.17 Billion | +1.90% |
| 2020-12-31 | €27.64 Billion | -3.43% |
| 2019-12-31 | €28.62 Billion | -0.34% |
| 2018-12-31 | €28.72 Billion | +3.28% |
| 2017-12-31 | €27.81 Billion | +14.39% |
| 2016-12-31 | €24.31 Billion | +4.13% |
| 2015-12-31 | €23.35 Billion | +2.94% |
| 2014-12-31 | €22.68 Billion | +8.54% |
| 2013-12-31 | €20.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wing Tai Properties 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 6.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €16.96 Billion | 72.99% |
| Other Components | €6.28 Billion | 27.01% |
| Total Equity | €23.24 Billion | 100.00% |
Wing Tai Properties Limited Competitors by Market Cap
The table below lists competitors of Wing Tai Properties Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TASKUS INC. CL.A DL-01
F:6VY
|
$158.91 Million |
|
Bafang Yunji Intl Co Ltd
TW:2753
|
$158.92 Million |
|
Cypherpunk Holdings Inc
OTCQX:CYFRF
|
$158.92 Million |
|
Shandong Sino-Agri United Biotechnology Co Ltd
SHE:003042
|
$158.97 Million |
|
Hangzhou Toka Ink Co. Ltd. A
SHG:688571
|
$158.83 Million |
|
Nanjing TDH Technology Co. Ltd. A
SHE:301378
|
$158.81 Million |
|
Verano Holdings Corp
OTCQX:VRNOF
|
$158.75 Million |
|
Anji Foodstuff Co Ltd
SHG:603696
|
$158.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wing Tai Properties Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,931,500,000 to 23,240,700,000, a change of -2,690,800,000 (-10.4%).
- Net loss of 2,493,200,000 reduced equity.
- Dividend payments of 149,300,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.49 Billion | -10.73% |
| Dividends Paid | €149.30 Million | -0.64% |
| Other Changes | €-48.30 Million | -0.21% |
| Total Change | €- | -10.38% |
Book Value vs Market Value Analysis
This analysis compares Wing Tai Properties 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 | €20.65 | €0.25 | x |
| 2018-12-31 | €21.33 | €0.25 | x |
| 2019-12-31 | €21.16 | €0.25 | x |
| 2020-12-31 | €20.40 | €0.25 | x |
| 2021-12-31 | €20.77 | €0.25 | x |
| 2022-12-31 | €20.04 | €0.25 | x |
| 2023-12-31 | €19.11 | €0.25 | x |
| 2024-12-31 | €17.12 | €0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wing Tai Properties 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): -10.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -241.80%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.34x
- Recent ROE (-10.73%) is below the historical average (2.43%), 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 | 12.74% | 139.64% | 0.07x | 1.28x | €571.63 Million |
| 2014 | 8.57% | 108.88% | 0.06x | 1.21x | €-324.30 Million |
| 2015 | 4.71% | 101.81% | 0.04x | 1.21x | €-1.24 Billion |
| 2016 | 4.72% | 103.92% | 0.04x | 1.27x | €-1.28 Billion |
| 2017 | 7.19% | 187.95% | 0.03x | 1.28x | €-780.14 Million |
| 2018 | 4.80% | 155.77% | 0.02x | 1.23x | €-1.49 Billion |
| 2019 | 1.06% | 36.62% | 0.02x | 1.27x | €-2.56 Billion |
| 2020 | -2.21% | -21.98% | 0.07x | 1.35x | €-3.37 Billion |
| 2021 | 3.27% | 26.87% | 0.09x | 1.38x | €-1.90 Billion |
| 2022 | -1.75% | -11.61% | 0.12x | 1.31x | €-3.19 Billion |
| 2023 | -3.18% | -93.45% | 0.03x | 1.31x | €-3.42 Billion |
| 2024 | -10.73% | -241.80% | 0.03x | 1.34x | €-4.82 Billion |
Industry Comparison
This section compares Wing Tai Properties 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 |
|---|---|---|---|---|
| Wing Tai Properties Limited (USH) | €22.12 Billion | 12.74% | 0.35x | $158.88 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 |