MAS Real Estate Inc Net Assets
MAS Real Estate Inc net assets. Based on the latest financial reports, MAS Real Estate Inc (MSP) has net assets worth ZAC1.18 Billion ZAC (≈ $629.36K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.68 Billion ≈ $893.88K USD) and total liabilities (ZAC497.74 Million ≈ $264.52K 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 MAS Real Estate Inc (MSP) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC1.18 Billion |
| % of Total Assets | 70.41% |
| Annual Growth Rate | 134.63% |
| 5-Year Change | 39.41% |
| 10-Year Change | 202.38% |
| Growth Volatility | 111529.06 |
Net Assets of MAS Real Estate Inc (2009–2025)
Net assets of MAS Real Estate Inc from 2009 to 2025. This chart illustrates how MAS Real Estate Inc's net assets have evolved over time, based on quarterly financial data. See how leveraged is MAS Real Estate Inc's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for MAS Real Estate Inc (2009–2025)
The table below shows the annual net assets of MAS Real Estate Inc from 2009 to 2025. For live market cap and overall valuation, see MSP stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC1.21 Billion ≈ $644.15K |
+11.54% |
| 2024-06-30 | ZAC1.09 Billion ≈ $577.50K |
+12.65% |
| 2023-06-30 | ZAC964.66 Million ≈ $512.66K |
+3.93% |
| 2022-06-30 | ZAC928.15 Million ≈ $493.26K |
+6.75% |
| 2021-06-30 | ZAC869.42 Million ≈ $462.05K |
+9.22% |
| 2020-06-30 | ZAC796.02 Million ≈ $423.05K |
-8.03% |
| 2019-06-30 | ZAC865.56 Million ≈ $460.00K |
+1.02% |
| 2018-06-30 | ZAC856.79 Million ≈ $455.34K |
+46.95% |
| 2017-06-30 | ZAC583.04 Million ≈ $309.86K |
+45.45% |
| 2016-06-30 | ZAC400.84 Million ≈ $213.03K |
+13.51% |
| 2015-06-30 | ZAC353.14 Million ≈ $187.68K |
+22.06% |
| 2014-06-30 | ZAC289.32 Million ≈ $153.76K |
+350.55% |
| 2013-06-30 | ZAC64.22 Million ≈ $34.13K |
+57.51% |
| 2012-06-30 | ZAC40.77 Million ≈ $21.67K |
+106.62% |
| 2011-06-30 | ZAC19.73 Million ≈ $10.49K |
+197.92% |
| 2010-06-30 | ZAC6.62 Million ≈ $3.52K |
+460805.22% |
| 2009-06-30 | ZAC1.44K ≈ $0.76 |
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Equity Component Analysis
This analysis shows how different components contribute to MAS Real Estate Inc'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 44702368.2% over the analyzed period, indicating profitable operations and earnings retention.
MAS Real Estate Inc Net Assets Breakdown (June 2025)
MAS Real Estate Inc net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC597.67 Million | 49.31% |
| Common Stock | ZAC7.16 Million | 0.59% |
| Other Components | ZAC607.23 Million | 50.10% |
| Total Equity | ZAC1.21 Billion | 100.00% |
MAS Real Estate Inc Competitors by Market Cap
The table below lists competitors of MAS Real Estate Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atal SA
WAR:1AT
|
$719.12 Million |
|
China CYTS Tours Holding Co Ltd
SHG:600138
|
$719.20 Million |
|
Hubei Tech Semiconductors Co
SHE:300046
|
$719.24 Million |
|
Power HF Co Ltd
SHG:605100
|
$719.27 Million |
|
Verastem Inc
NASDAQ:VSTM
|
$719.07 Million |
|
Hiwin Mikrosystem Corp
TW:4576
|
$719.03 Million |
|
Hubei Chaozhuo Aviation Technology Co. Ltd. A
SHG:688237
|
$719.03 Million |
|
Lions Gate Entertainment Corp
NYSE:LGF-A
|
$718.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MAS Real Estate Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,086,655,000 to 1,212,059,000, a change of 125,404,000 (11.5%).
- Net income of 124,967,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 9,623,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC124.97 Million | +10.31% |
| Other Comprehensive Income | ZAC9.62 Million | +0.79% |
| Other Changes | ZAC-9.19 Million | -0.76% |
| Total Change | ZAC- | 11.54% |
Book Value vs Market Value Analysis
This analysis compares MAS Real Estate Inc'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: 1088.17x
- 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 4820.82x to 1088.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-06-30 | ZAC0.43 | ZAC2051.00 | x |
| 2011-06-30 | ZAC1.04 | ZAC2051.00 | x |
| 2012-06-30 | ZAC0.40 | ZAC2051.00 | x |
| 2013-06-30 | ZAC0.63 | ZAC2051.00 | x |
| 2014-06-30 | ZAC1.58 | ZAC2051.00 | x |
| 2015-06-30 | ZAC1.23 | ZAC2051.00 | x |
| 2016-06-30 | ZAC1.31 | ZAC2051.00 | x |
| 2017-06-30 | ZAC1.46 | ZAC2051.00 | x |
| 2018-06-30 | ZAC1.48 | ZAC2051.00 | x |
| 2019-06-30 | ZAC1.35 | ZAC2051.00 | x |
| 2020-06-30 | ZAC1.18 | ZAC2051.00 | x |
| 2021-06-30 | ZAC1.23 | ZAC2051.00 | x |
| 2022-06-30 | ZAC1.32 | ZAC2051.00 | x |
| 2023-06-30 | ZAC1.38 | ZAC2051.00 | x |
| 2024-06-30 | ZAC1.56 | ZAC2051.00 | x |
| 2025-06-30 | ZAC1.88 | ZAC2051.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MAS Real Estate Inc 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): 10.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 122.68%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.53x
- Recent ROE (10.31%) is above the historical average (3.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -40.58% | -923.69% | 0.01x | 3.99x | ZAC-3.35 Million |
| 2011 | 13.34% | 153.80% | 0.04x | 1.99x | ZAC658.32K |
| 2012 | 0.01% | 0.11% | 0.04x | 1.56x | ZAC-4.07 Million |
| 2013 | -1.38% | -21.68% | 0.05x | 1.34x | ZAC-7.31 Million |
| 2014 | 1.31% | 96.41% | 0.01x | 1.07x | ZAC-25.14 Million |
| 2015 | 13.73% | 519.94% | 0.02x | 1.16x | ZAC13.16 Million |
| 2016 | 0.37% | 9.22% | 0.03x | 1.17x | ZAC-38.59 Million |
| 2017 | 5.77% | 107.76% | 0.04x | 1.30x | ZAC-24.62 Million |
| 2018 | 1.97% | 39.05% | 0.04x | 1.36x | ZAC-68.57 Million |
| 2019 | 6.41% | 78.97% | 0.05x | 1.62x | ZAC-30.78 Million |
| 2020 | -2.54% | -26.69% | 0.06x | 1.62x | ZAC-99.79 Million |
| 2021 | 8.25% | 182.68% | 0.03x | 1.53x | ZAC-15.20 Million |
| 2022 | 15.21% | 294.60% | 0.03x | 1.65x | ZAC48.36 Million |
| 2023 | 9.42% | 109.38% | 0.06x | 1.53x | ZAC-5.63 Million |
| 2024 | 11.34% | 128.59% | 0.06x | 1.51x | ZAC14.52 Million |
| 2025 | 10.31% | 122.68% | 0.06x | 1.53x | ZAC3.76 Million |
Industry Comparison
This section compares MAS Real Estate Inc's net assets metrics with peer companies in the Real Estate - Diversified industry.
No peer company data available for comparison.
About MAS Real Estate Inc
MAS P.L.C. is a property investor and operator listed on the main board of the Johannesburg Stock Exchange and with a secondary listing on A2X Limited. The group is internally managed, combining investment, acquisition, leasing, asset and property management, marketing, and finance skills. Capital previously invested in WE will be reinvested directly in income property in CEE and indirectly, on a… Read more