Secure Property Development & Investment Plc
Secure Property Development and Investment plc is an AIM listed property development and investment company focused on the South East European markets. The Company's strategy is focused on generating healthy investment returns principally derived from: the operation of income generating commercial properties and capital appreciation through investment in high yield real estate assets. The Company… Read more
Secure Property Development & Investment Plc (SPDI) - Net Assets
Latest net assets as of June 2025: GBX6.45 Million GBX
Based on the latest financial reports, Secure Property Development & Investment Plc (SPDI) has net assets worth GBX6.45 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX28.02 Million) and total liabilities (GBX21.56 Million). 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 | GBX6.45 Million |
| % of Total Assets | 23.04% |
| Annual Growth Rate | 10.08% |
| 5-Year Change | -78.78% |
| 10-Year Change | -85.39% |
| Growth Volatility | 298.56 |
Secure Property Development & Investment Plc - Net Assets Trend (2005–2024)
This chart illustrates how Secure Property Development & Investment Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Secure Property Development & Investment Plc (2005–2024)
The table below shows the annual net assets of Secure Property Development & Investment Plc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX6.29 Million | -66.50% |
| 2023-12-31 | GBX18.77 Million | +39.25% |
| 2022-12-31 | GBX13.48 Million | -53.52% |
| 2021-12-31 | GBX29.00 Million | -2.13% |
| 2020-12-31 | GBX29.63 Million | -19.56% |
| 2019-12-31 | GBX36.84 Million | -14.61% |
| 2018-12-31 | GBX43.14 Million | -3.59% |
| 2017-12-31 | GBX44.75 Million | -3.06% |
| 2016-12-31 | GBX46.16 Million | +7.23% |
| 2015-12-31 | GBX43.05 Million | +29.62% |
| 2014-12-31 | GBX33.21 Million | -13.91% |
| 2013-12-31 | GBX38.58 Million | +46.06% |
| 2012-12-31 | GBX26.41 Million | +5.32% |
| 2011-12-31 | GBX25.08 Million | +28.33% |
| 2010-12-31 | GBX19.54 Million | -45.08% |
| 2009-12-31 | GBX35.58 Million | -41.15% |
| 2008-12-31 | GBX60.47 Million | -12.21% |
| 2007-12-31 | GBX68.88 Million | +390.53% |
| 2006-12-31 | GBX14.04 Million | +1284.98% |
| 2005-12-31 | GBX1.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Secure Property Development & Investment Plc'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 decreased by 6221975427.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.29 Million | 20.56% |
| Other Components | GBX67.81 Million | 1079.76% |
| Total Equity | GBX6.28 Million | 100.00% |
Secure Property Development & Investment Plc Competitors by Market Cap
The table below lists competitors of Secure Property Development & Investment Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seneca Growth Capital VCT PLC
LSE:HYG
|
$0.08 |
|
SigmaBroadband Co
PINK:SGRB
|
$0.12 |
|
PYX Resources Limited
LSE:PYX
|
$0.20 |
|
BRIDGEFORT CAPITAL LIMITED
XZIM:BFCA
|
$0.22 |
|
BELLHAVEN COPPER
F:4BL
|
$0.00 |
|
UIL Finance Limited
LSE:UTLG
|
$0.00 |
|
UIL Finance Ltd. ZDP
LSE:UTLI
|
$0.00 |
|
CHINA PRECISION STL
F:3CP1
|
$0.00 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Secure Property Development & Investment Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,657,732 to 6,279,629, a change of -12,378,103 (-66.3%).
- Net loss of 838,069 reduced equity.
- Other factors decreased equity by 11,540,034.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-838.07K | -13.35% |
| Other Changes | GBX-11.54 Million | -183.77% |
| Total Change | GBX- | -66.34% |
Book Value vs Market Value Analysis
This analysis compares Secure Property Development & Investment Plc'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: 0.36x
- 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.
- The price-to-book ratio has increased from 0.03x to 0.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | GBX0.52 | GBX0.02 | x |
| 2006-12-31 | GBX7.06 | GBX0.02 | x |
| 2007-12-31 | GBX48.52 | GBX0.02 | x |
| 2008-12-31 | GBX28.09 | GBX0.02 | x |
| 2009-12-31 | GBX7.12 | GBX0.02 | x |
| 2010-12-31 | GBX3.85 | GBX0.02 | x |
| 2011-12-31 | GBX4.80 | GBX0.02 | x |
| 2012-12-31 | GBX1.86 | GBX0.02 | x |
| 2013-12-31 | GBX1.12 | GBX0.02 | x |
| 2014-12-31 | GBX0.95 | GBX0.02 | x |
| 2015-12-31 | GBX0.51 | GBX0.02 | x |
| 2016-12-31 | GBX0.38 | GBX0.02 | x |
| 2017-12-31 | GBX0.35 | GBX0.02 | x |
| 2018-12-31 | GBX0.28 | GBX0.02 | x |
| 2019-12-31 | GBX0.23 | GBX0.02 | x |
| 2020-12-31 | GBX0.18 | GBX0.02 | x |
| 2021-12-31 | GBX0.18 | GBX0.02 | x |
| 2022-12-31 | GBX0.10 | GBX0.02 | x |
| 2023-12-31 | GBX0.14 | GBX0.02 | x |
| 2024-12-31 | GBX0.05 | GBX0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Secure Property Development & Investment Plc 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): -13.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -65.47%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 4.48x
- Recent ROE (-13.35%) is above the historical average (-19.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -58.88% | 0.00% | 0.00x | 1.12x | GBX-698.35K |
| 2006 | 20.75% | 0.00% | 0.00x | 1.66x | GBX1.28 Million |
| 2007 | 2.56% | 0.00% | 0.00x | 1.09x | GBX-5.08 Million |
| 2008 | -18.76% | 0.00% | 0.00x | 1.08x | GBX-17.05 Million |
| 2009 | -78.32% | 0.00% | 0.00x | 1.56x | GBX-30.62 Million |
| 2010 | -99.90% | 0.00% | 0.00x | 2.27x | GBX-20.63 Million |
| 2011 | -3.45% | 0.00% | 0.00x | 1.74x | GBX-3.26 Million |
| 2012 | 0.39% | 6.21% | 0.04x | 1.72x | GBX-2.46 Million |
| 2013 | -0.35% | -5.13% | 0.05x | 1.38x | GBX-3.91 Million |
| 2014 | 2.85% | 25.16% | 0.06x | 2.05x | GBX-2.33 Million |
| 2015 | -25.96% | -153.55% | 0.06x | 2.94x | GBX-15.26 Million |
| 2016 | -6.07% | -38.93% | 0.05x | 2.98x | GBX-6.26 Million |
| 2017 | -108.51% | -852.68% | 0.05x | 2.65x | GBX-43.08 Million |
| 2018 | -8.55% | -467.77% | 0.01x | 2.40x | GBX-6.61 Million |
| 2019 | -8.01% | -514.83% | 0.01x | 2.19x | GBX-5.29 Million |
| 2020 | -6.27% | -186.99% | 0.01x | 2.34x | GBX-3.86 Million |
| 2021 | 0.79% | 17.61% | 0.02x | 2.29x | GBX-2.14 Million |
| 2022 | -9.46% | -108.45% | 0.04x | 2.30x | GBX-2.55 Million |
| 2023 | 34.71% | 452.74% | 0.05x | 1.51x | GBX4.61 Million |
| 2024 | -13.35% | -65.47% | 0.05x | 4.48x | GBX-1.47 Million |
Industry Comparison
This section compares Secure Property Development & Investment Plc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $273,429,100
- Average return on equity (ROE) among peers: 3.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Secure Property Development & Investment Plc (SPDI) | GBX6.45 Million | -58.88% | 3.34x | $0.02 |
| Alina Holdings PLC (ALNA) | $151.77 Million | -5.31% | 0.73x | $372.82 |
| Cardiff Property PLC (CDFF) | $22.11 Million | 11.50% | 0.01x | $3.36K |
| Caledonian Trust PLC (CNN) | $18.73 Million | -4.94% | 0.25x | $931.92 |
| Fletcher King Plc (FLK) | $3.37 Million | 16.34% | 0.58x | $467.77 |
| First Property Group plc (FPO) | $7.73 Million | 12.40% | 0.23x | $3.01K |
| GRIT Real Estate Income Group (GR1T) | $344.38 Million | -18.07% | 2.14x | $4.27K |
| Globalworth REIT (GWI) | $1.66 Billion | -1.02% | 1.03x | $69.65 Million |
| Helical Bar Plc (HLCL) | $340.53 Million | 25.73% | 1.28x | $28.58K |
| London & Associated Properties (LAS) | $88.99 Million | -14.05% | 2.57x | $467.18 |
| LSL Property Services Plc (LSL) | $99.32 Million | 14.10% | 1.39x | $33.06K |