aReit Prop Ltd (APO) - Net Assets
Based on the latest financial reports, aReit Prop Ltd (APO) has net assets worth ZAC933.81 Million ZAC (≈ $496.27K USD) as of June 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC934.63 Million ≈ $496.71K USD) and total liabilities (ZAC828.00K ≈ $440.04 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 APO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC933.81 Million |
| % of Total Assets | 99.91% |
| Annual Growth Rate | 1.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
aReit Prop Ltd - Net Assets Trend (2021–2022)
This chart illustrates how aReit Prop Ltd's net assets have evolved over time, based on quarterly financial data. See APO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for aReit Prop Ltd (2021–2022)
The table below shows the annual net assets of aReit Prop Ltd from 2021 to 2022. For live valuation and market cap data, see APO market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ZAC923.52 Million ≈ $490.80K |
+1.05% |
| 2021-12-31 | ZAC913.92 Million ≈ $485.70K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to aReit Prop 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 grown by 960323900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC6.52 Million | 0.71% |
| Common Stock | ZAC917.00 Million | 99.29% |
| Total Equity | ZAC923.52 Million | 100.00% |
aReit Prop Ltd Competitors by Market Cap
The table below lists competitors of aReit Prop Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GROUPIMO S.A. INH. EO 1-
F:9KL0
|
$160.43K |
|
Surefire Resources NL
AU:SRN
|
$161.02K |
|
Maintel Holdings Plc
LSE:MAI
|
$161.63K |
|
OPG Power Venture Plc
LSE:OPG
|
$162.26K |
|
MOBILITYONE LTD LS -025
F:31M
|
$158.28K |
|
Ingenta plc
LSE:ING
|
$157.13K |
|
LMS Capital Plc
LSE:LMS
|
$156.66K |
|
I.Ceram SA
PA:ALICR
|
$155.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in aReit Prop Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 913,918,100 to 923,521,000, a change of 9,602,900 (1.1%).
- Net income of 39,597,993 contributed positively to equity growth.
- Other factors decreased equity by 29,995,093.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC39.60 Million | +4.29% |
| Other Changes | ZAC-30.00 Million | -3.25% |
| Total Change | ZAC- | 1.05% |
Book Value vs Market Value Analysis
This analysis compares aReit Prop 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: 0.32x
- 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 |
|---|---|---|---|
| 2021-12-31 | ZAC10.42 | ZAC2.99 | x |
| 2022-12-31 | ZAC9.24 | ZAC2.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently aReit Prop 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): 4.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.50%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.00x
- Recent ROE (4.29%) is above the historical average (1.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -1.01% | 0.00% | 0.00x | 1.00x | ZAC-100.64 Million |
| 2022 | 4.29% | 60.50% | 0.07x | 1.00x | ZAC-52.75 Million |
Industry Comparison
This section compares aReit Prop Ltd's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $20,110,938,111
- Average return on equity (ROE) among peers: -3.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| aReit Prop Ltd (APO) | ZAC933.81 Million | -1.01% | 0.00x | $158.90K |
| Attacq (ATT) | $4.02 Billion | 5.13% | 0.50x | $655.27 Million |
| Burstone Group Limited (BTN) | $13.40 Billion | -2.44% | 0.88x | $411.97 Million |
| Emira Property Fund (EMI) | $8.37 Billion | 6.18% | 0.86x | $337.58 Million |
| Growthpoint Properties Ltd (GRT) | $83.91 Billion | 7.53% | 0.69x | $3.18 Billion |
| Oasis Crescent Property Fund (OAS) | $1.37 Billion | 11.30% | 0.04x | $1.03 Million |
| Octodec (OCT) | $7.83 Billion | 8.78% | 0.68x | $248.70 Million |
| Redefine Properties Ltd (RDF) | $52.88 Billion | 2.74% | 0.88x | $2.37 Billion |
| Rebosis Property Fund Ltd (REA) | $5.73 Billion | -73.97% | 1.84x | $3.23 Million |
| Rebosis (REB) | $3.48 Billion | 3.13% | 2.95x | $5.93 Million |
About aReit Prop Ltd
aReit Prop Ltd operates in various business sectors.