Serrano 61 Desarrollo SOCIMI SA Net Assets
Serrano 61 Desarrollo SOCIMI SA net assets. Based on the latest financial reports, Serrano 61 Desarrollo SOCIMI SA (YSRR) has net assets worth €44.92 Million EUR (≈ $52.51 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€81.89 Million ≈ $95.73 Million USD) and total liabilities (€36.97 Million ≈ $43.22 Million 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 YSRR net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €44.92 Million |
| % of Total Assets | 54.85% |
| Annual Growth Rate | -3.23% |
| 5-Year Change | -12.13% |
| 10-Year Change | N/A |
| Growth Volatility | 1.55 |
Net Assets of Serrano 61 Desarrollo SOCIMI SA (2018–2024)
Net assets of Serrano 61 Desarrollo SOCIMI SA from 2018 to 2024. This chart illustrates how Serrano 61 Desarrollo SOCIMI SA's net assets have evolved over time, based on quarterly financial data. See YSRR net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Serrano 61 Desarrollo SOCIMI SA (2018–2024)
The table below shows the annual net assets of Serrano 61 Desarrollo SOCIMI SA from 2018 to 2024. For live market cap and overall valuation, see Serrano 61 Desarrollo SOCIMI SA (YSRR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €45.73 Million ≈ $53.47 Million |
-4.08% |
| 2023-12-31 | €47.68 Million ≈ $55.74 Million |
-1.41% |
| 2022-12-31 | €48.36 Million ≈ $56.54 Million |
-3.47% |
| 2021-12-31 | €50.09 Million ≈ $58.57 Million |
-3.74% |
| 2020-12-31 | €52.04 Million ≈ $60.84 Million |
-5.53% |
| 2019-12-31 | €55.09 Million ≈ $64.41 Million |
-1.05% |
| 2018-12-31 | €55.68 Million ≈ $65.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Serrano 61 Desarrollo SOCIMI SA'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 2550.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Serrano 61 Desarrollo SOCIMI SA Net Assets Breakdown (December 2024)
Serrano 61 Desarrollo SOCIMI SA net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €56.12 Million | 122.71% |
| Total Equity | €45.73 Million | 100.00% |
Serrano 61 Desarrollo SOCIMI SA Competitors by Market Cap
The table below lists competitors of Serrano 61 Desarrollo SOCIMI SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scientex Packaging
KLSE:8125
|
$98.70 Million |
|
Samyang Packaging
KO:272550
|
$98.70 Million |
|
Tung Thih Electronic Co Ltd
TWO:3552
|
$98.72 Million |
|
SD Standard Drilling PLC
OL:SDSD
|
$98.79 Million |
|
Sejong Industrial
KO:033530
|
$98.63 Million |
|
The Hi-Tech Gears Limited
NSE:HITECHGEAR
|
$98.63 Million |
|
Yen Sun Technology
TWO:6275
|
$98.60 Million |
|
Petrolimex Insurance Corp
VN:PGI
|
$98.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Serrano 61 Desarrollo SOCIMI SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 47,676,381 to 45,731,817, a change of -1,944,564 (-4.1%).
- Net loss of 1,878,159 reduced equity.
- Share repurchases of 66,405 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.88 Million | -4.11% |
| Share Repurchases | €66.41K | -0.15% |
| Total Change | €- | -4.08% |
Book Value vs Market Value Analysis
This analysis compares Serrano 61 Desarrollo SOCIMI SA'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: 2.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.77x to 2.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €11.17 | €19.80 | x |
| 2019-12-31 | €11.05 | €19.80 | x |
| 2020-12-31 | €10.44 | €19.80 | x |
| 2021-12-31 | €10.05 | €19.80 | x |
| 2022-12-31 | €9.70 | €19.80 | x |
| 2023-12-31 | €9.56 | €19.80 | x |
| 2024-12-31 | €9.18 | €19.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Serrano 61 Desarrollo SOCIMI SA 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): -4.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.22%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.81x
- Recent ROE (-4.11%) is below the historical average (-2.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 3.20% | 22.55% | 0.08x | 1.74x | €-3.78 Million |
| 2019 | 1.57% | 14.49% | 0.06x | 1.70x | €-4.64 Million |
| 2020 | -4.51% | -90.45% | 0.03x | 1.74x | €-7.55 Million |
| 2021 | -3.87% | -59.57% | 0.04x | 1.77x | €-6.95 Million |
| 2022 | -3.59% | -44.19% | 0.05x | 1.80x | €-6.57 Million |
| 2023 | -2.86% | -29.71% | 0.05x | 1.78x | €-6.13 Million |
| 2024 | -4.11% | -40.22% | 0.06x | 1.81x | €-6.45 Million |
Industry Comparison
This section compares Serrano 61 Desarrollo SOCIMI SA's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $275,702,871
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Serrano 61 Desarrollo SOCIMI SA (YSRR) | €44.92 Million | 3.20% | 0.82x | $98.65 Million |
| General de Galerias Comerciales SOCIMI S.A. (GGC) | $626.69 Million | 16.67% | 0.25x | $3.61 Billion |
| Castellana Properties Socimi (YCPS) | $498.17 Million | -6.39% | 1.08x | $1.40 Billion |
| Olimpo Real Estate SA (YORE) | $154.60 Million | 4.47% | 1.11x | $188.72 Million |
| Tander Inversiones SOCIMI SA (YTAN) | $66.81 Million | 2.77% | 1.70x | $113.43 Million |
| Trajano Iberia Socimi SA (YTRA) | $102.29 Million | 1.57% | 1.34x | $4.68 Million |
| Trivium Real Estate Socimi SA (YTRI) | $205.66 Million | 3.10% | 1.31x | $203.53 Million |
About Serrano 61 Desarrollo SOCIMI SA
Serrano 61 Desarrollo SOCIMI, S.A. develops, finances, and manages assets in the real estate sector in Spain. The company owns and operates ABC Serrano shopping center in Madrid. It also acquires and promotes real estates and parking spaces for leasing. The company was formerly known as Serrano 61 Desarrollo, S.A. and changed its name to Serrano 61 Desarrollo SOCIMI, S.A. in October 2017. Serrano… Read more