Lighthouse Capital Ltd (LTE) - Net Assets
Based on the latest financial reports, Lighthouse Capital Ltd (LTE) has net assets worth ZAC886.76 Million ZAC (≈ $471.27K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.61 Billion ≈ $856.67K USD) and total liabilities (ZAC725.19 Million ≈ $385.40K 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. Also explore LTE current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC886.76 Million |
| % of Total Assets | 55.01% |
| Annual Growth Rate | 105.54% |
| 5-Year Change | 228.45% |
| 10-Year Change | 65597.53% |
| Growth Volatility | 8805.47 |
Lighthouse Capital Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Lighthouse Capital Ltd's net assets have evolved over time, based on quarterly financial data. Check Lighthouse Capital Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Lighthouse Capital Ltd (2014–2024)
The table below shows the annual net assets of Lighthouse Capital Ltd from 2014 to 2024. For live valuation and market cap data, see market cap of Lighthouse Capital Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ZAC860.45 Million ≈ $457.28K |
+9.76% |
| 2023-09-30 | ZAC783.93 Million ≈ $416.62K |
+105.28% |
| 2022-09-30 | ZAC381.89 Million ≈ $202.95K |
+3.61% |
| 2021-09-30 | ZAC368.59 Million ≈ $195.89K |
+40.70% |
| 2020-09-30 | ZAC261.97 Million ≈ $139.22K |
+5.94% |
| 2019-09-30 | ZAC247.28 Million ≈ $131.41K |
-58.26% |
| 2018-09-30 | ZAC592.45 Million ≈ $314.86K |
-33.71% |
| 2017-09-30 | ZAC893.78 Million ≈ $475.00K |
+131.45% |
| 2016-09-30 | ZAC386.17 Million ≈ $205.23K |
+29385.32% |
| 2015-09-30 | ZAC1.31 Million ≈ $696.04 |
+105.05% |
| 2014-09-30 | ZAC638.73K ≈ $339.45 |
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Equity Component Analysis
This analysis shows how different components contribute to Lighthouse Capital 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 327247.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC224.20 Million | 26.21% |
| Common Stock | ZAC20.23 Million | 2.37% |
| Other Components | ZAC610.86 Million | 71.42% |
| Total Equity | ZAC855.30 Million | 100.00% |
Lighthouse Capital Ltd Competitors by Market Cap
The table below lists competitors of Lighthouse Capital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saul Centers Inc
NYSE:BFS
|
$889.91 Million |
|
NatureCell Co.Ltd
KQ:007390
|
$890.24 Million |
|
Sparebanken Sor
OL:SOR
|
$890.43 Million |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA
|
$890.49 Million |
|
Beijing Watertek Information Technology Co Ltd
SHE:300324
|
$889.86 Million |
|
Limin Chemical Co Ltd
SHE:002734
|
$889.18 Million |
|
WUS Printed Circuit Co Ltd
TW:2316
|
$888.87 Million |
|
Foshan Electrical and Lighting Co Ltd
SHE:000541
|
$888.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lighthouse Capital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 760,140,293 to 855,296,819, a change of 95,156,526 (12.5%).
- Net income of 64,942,845 contributed positively to equity growth.
- Dividend payments of 22,153,688 reduced retained earnings.
- Share repurchases of 511,566 reduced equity.
- New share issuances of 52,433,953 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC64.94 Million | +7.59% |
| Dividends Paid | ZAC22.15 Million | -2.59% |
| Share Repurchases | ZAC511.57K | -0.06% |
| Share Issuances | ZAC52.43 Million | +6.13% |
| Other Changes | ZAC444.98K | +0.05% |
| Total Change | ZAC- | 12.52% |
Book Value vs Market Value Analysis
This analysis compares Lighthouse Capital 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: 1771.97x
- 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 increased from 296.91x to 1771.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-09-30 | ZAC2.70 | ZAC803.00 | x |
| 2015-09-30 | ZAC2.67 | ZAC803.00 | x |
| 2016-09-30 | ZAC6.90 | ZAC803.00 | x |
| 2017-09-30 | ZAC2.82 | ZAC803.00 | x |
| 2018-09-30 | ZAC1.21 | ZAC803.00 | x |
| 2019-09-30 | ZAC0.54 | ZAC803.00 | x |
| 2020-09-30 | ZAC0.33 | ZAC803.00 | x |
| 2021-09-30 | ZAC0.26 | ZAC803.00 | x |
| 2022-09-30 | ZAC0.22 | ZAC803.00 | x |
| 2023-09-30 | ZAC0.43 | ZAC803.00 | x |
| 2024-09-30 | ZAC0.45 | ZAC803.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lighthouse Capital 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): 7.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.01%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.63x
- Recent ROE (7.59%) is above the historical average (4.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 64.34% | 569.23% | 0.04x | 3.20x | ZAC347.07K |
| 2015 | 6.84% | 58.99% | 0.06x | 1.98x | ZAC-41.42K |
| 2016 | 10.35% | 7162.76% | 0.00x | 1.00x | ZAC1.37 Million |
| 2017 | -0.79% | -118.10% | 0.01x | 1.05x | ZAC-96.42 Million |
| 2018 | 7.02% | 138.08% | 0.03x | 1.80x | ZAC-17.63 Million |
| 2019 | -10.57% | -91.00% | 0.07x | 1.68x | ZAC-50.86 Million |
| 2020 | -82.82% | 0.00% | -0.09x | 1.52x | ZAC-243.15 Million |
| 2021 | -9.80% | -99.05% | 0.06x | 1.79x | ZAC-71.16 Million |
| 2022 | 7.05% | 32.69% | 0.09x | 2.36x | ZAC-10.54 Million |
| 2023 | 53.64% | 508.31% | 0.07x | 1.59x | ZAC331.70 Million |
| 2024 | 7.59% | 60.01% | 0.08x | 1.63x | ZAC-20.59 Million |
Industry Comparison
This section compares Lighthouse Capital Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $11,718,449,141
- Average return on equity (ROE) among peers: 7.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lighthouse Capital Ltd (LTE) | ZAC886.76 Million | 64.34% | 0.82x | $889.89 Million |
| Fortress Income Fund Ltd (FFB) | $45.11 Billion | 9.80% | 0.38x | $1.59 Billion |
| Putprop Ltd (PPR) | $119.83 Million | 13.28% | 0.03x | $15.73 Million |
| Sirius Real Estate Ltd (SRE) | $1.41 Billion | 7.66% | 0.84x | $1.70 Billion |
| Trematon Capital Investments (TMT) | $233.51 Million | -1.19% | 0.20x | $13.37 Million |
About Lighthouse Capital Ltd
Lighthouse Properties p.l.c. engages in property investments and operation business in Spain, Portugal, and France. Its property portfolio includes retail assets. The company was formerly known as Lighthouse Capital Limited and changed its name to Lighthouse Properties p.l.c. in December 2021. Lighthouse Properties p.l.c. was incorporated in 2014 and is based in Sliema, Malta.