Balwin Properties Ltd
Balwin Properties Limited, together with its subsidiaries, engages in the development and sale of residential properties in South Africa. It operates through Sale of Apartments; Provision of Services to Balwin Residential Estates; Bond Commission; Residential and Commercial Property Rental; and Balwin Foundation segments. The company sells sectional title apartments. It also engages in various bu… Read more
Balwin Properties Ltd (BWN) - Net Assets
Latest net assets as of August 2025: ZAC4.43 Billion ZAC
Based on the latest financial reports, Balwin Properties Ltd (BWN) has net assets worth ZAC4.43 Billion ZAC as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC8.29 Billion) and total liabilities (ZAC3.86 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 | ZAC4.43 Billion |
| % of Total Assets | 53.44% |
| Annual Growth Rate | 25.78% |
| 5-Year Change | 32.95% |
| 10-Year Change | 183.44% |
| Growth Volatility | 32.42 |
Balwin Properties Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Balwin Properties Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Balwin Properties Ltd (2013–2025)
The table below shows the annual net assets of Balwin Properties Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | ZAC4.26 Billion | +6.21% |
| 2024-02-29 | ZAC4.01 Billion | +4.50% |
| 2023-02-28 | ZAC3.84 Billion | +9.12% |
| 2022-02-28 | ZAC3.52 Billion | +9.78% |
| 2021-02-28 | ZAC3.20 Billion | +8.51% |
| 2020-02-29 | ZAC2.95 Billion | +11.21% |
| 2019-02-28 | ZAC2.65 Billion | +14.79% |
| 2018-02-28 | ZAC2.31 Billion | +14.82% |
| 2017-02-28 | ZAC2.01 Billion | +34.04% |
| 2016-02-29 | ZAC1.50 Billion | +116.20% |
| 2015-02-28 | ZAC694.83 Million | +55.58% |
| 2014-02-28 | ZAC446.61 Million | +64.39% |
| 2013-02-28 | ZAC271.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Balwin Properties 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 1170.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC3.50 Billion | 82.24% |
| Common Stock | ZAC669.48 Million | 15.74% |
| Other Components | ZAC86.04 Million | 2.02% |
| Total Equity | ZAC4.25 Billion | 100.00% |
Balwin Properties Ltd Competitors by Market Cap
The table below lists competitors of Balwin Properties Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Potash America Inc
PINK:PTAM
|
$767.56K |
|
Petro Viking Energy Inc
PINK:PTRVF
|
$767.77K |
|
SNP SCHNEIDER-NEURE
MU:SHF
|
$767.84K |
|
Netfonds AG
XETRA:NF4
|
$768.22K |
|
B2digital Inc
PINK:BTDG
|
$767.23K |
|
Respiratorius AB (publ)
F:HF00
|
$767.16K |
|
Hepion Pharmaceuticals Inc
NASDAQ:HEPA
|
$766.94K |
|
Metalyst Forgings Limited
NSE:METALFORGE
|
$766.45K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Balwin Properties Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,005,755,000 to 4,253,216,000, a change of 247,461,000 (6.2%).
- Net income of 232,678,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 83,222,000.
- Other factors increased equity by 98,005,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC232.68 Million | +5.47% |
| Other Comprehensive Income | ZAC-83.22 Million | -1.96% |
| Other Changes | ZAC98.00 Million | +2.3% |
| Total Change | ZAC- | 6.18% |
Book Value vs Market Value Analysis
This analysis compares Balwin Properties 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: 38.93x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 505.02x to 38.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-02-28 | ZAC0.68 | ZAC343.00 | x |
| 2014-02-28 | ZAC1.12 | ZAC343.00 | x |
| 2015-02-28 | ZAC1.74 | ZAC343.00 | x |
| 2016-02-29 | ZAC3.52 | ZAC343.00 | x |
| 2017-02-28 | ZAC4.27 | ZAC343.00 | x |
| 2018-02-28 | ZAC4.90 | ZAC343.00 | x |
| 2019-02-28 | ZAC5.62 | ZAC343.00 | x |
| 2020-02-29 | ZAC6.25 | ZAC343.00 | x |
| 2021-02-28 | ZAC6.78 | ZAC343.00 | x |
| 2022-02-28 | ZAC7.47 | ZAC343.00 | x |
| 2023-02-28 | ZAC8.23 | ZAC343.00 | x |
| 2024-02-29 | ZAC8.58 | ZAC343.00 | x |
| 2025-02-28 | ZAC8.81 | ZAC343.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Balwin Properties 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): 5.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.48%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.90x
- Recent ROE (5.47%) is below the historical average (19.31%), 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 | -2.83% | -2.02% | 0.60x | 2.35x | ZAC-34.86 Million |
| 2014 | 40.30% | 24.52% | 1.02x | 1.60x | ZAC135.33 Million |
| 2015 | 48.24% | 24.74% | 1.32x | 1.48x | ZAC265.69 Million |
| 2016 | 37.18% | 26.81% | 1.10x | 1.26x | ZAC408.35 Million |
| 2017 | 32.82% | 24.45% | 0.83x | 1.62x | ZAC459.39 Million |
| 2018 | 21.25% | 20.02% | 0.68x | 1.57x | ZAC260.15 Million |
| 2019 | 17.05% | 17.31% | 0.59x | 1.66x | ZAC187.00 Million |
| 2020 | 13.95% | 14.12% | 0.63x | 1.56x | ZAC116.45 Million |
| 2021 | 10.50% | 12.45% | 0.50x | 1.69x | ZAC15.89 Million |
| 2022 | 10.31% | 11.60% | 0.47x | 1.88x | ZAC11.04 Million |
| 2023 | 11.38% | 13.11% | 0.46x | 1.90x | ZAC52.77 Million |
| 2024 | 5.38% | 9.15% | 0.31x | 1.90x | ZAC-184.91 Million |
| 2025 | 5.47% | 10.48% | 0.27x | 1.90x | ZAC-192.64 Million |
Industry Comparison
This section compares Balwin Properties Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $3,025,098,970
- Average return on equity (ROE) among peers: 14.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Balwin Properties Ltd (BWN) | ZAC4.43 Billion | -2.83% | 0.87x | $767.27K |
| Acsion Ltd (ACS) | $6.02 Billion | 13.54% | 0.32x | $2.11 Million |
| Visual International Holdings Ltd (VIS) | $32.90 Million | 15.76% | 0.66x | $12.79K |