Lead Real Estate Co., Ltd American Depositary Shares
Lead Real Estate Co., Ltd together with its subsidiaries, develops and sells luxury residential properties in Japan. The company develops single-family homes and condominiums. It also operates hotels in Tokyo and leases apartment building units to individuals in Japan and Dallas, Texas. In addition, the company engages in master lease business which includes fixed term building lease agreements b… Read more
Lead Real Estate Co., Ltd American Depositary Shares (LRE) - Net Assets
Latest net assets as of September 2025: $34.83 Million USD
Based on the latest financial reports, Lead Real Estate Co., Ltd American Depositary Shares (LRE) has net assets worth $34.83 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($142.77 Million) and total liabilities ($107.94 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 | $34.83 Million |
| % of Total Assets | 24.39% |
| Annual Growth Rate | -51.42% |
| 5-Year Change | -97.87% |
| 10-Year Change | N/A |
| Growth Volatility | 54.75 |
Lead Real Estate Co., Ltd American Depositary Shares - Net Assets Trend (2020–2025)
This chart illustrates how Lead Real Estate Co., Ltd American Depositary Shares's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lead Real Estate Co., Ltd American Depositary Shares (2020–2025)
The table below shows the annual net assets of Lead Real Estate Co., Ltd American Depositary Shares from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $34.83 Million | -99.18% |
| 2024-06-30 | $4.24 Billion | +54.48% |
| 2023-06-30 | $2.74 Billion | +24.62% |
| 2022-06-30 | $2.20 Billion | +34.35% |
| 2021-06-30 | $1.64 Billion | +27.30% |
| 2020-06-30 | $1.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lead Real Estate Co., Ltd American Depositary Shares'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 97.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $27.45 Million | 78.70% |
| Common Stock | $8.36 Million | 23.95% |
| Other Comprehensive Income | $142.35K | 0.41% |
| Total Equity | $34.89 Million | 100.00% |
Lead Real Estate Co., Ltd American Depositary Shares Competitors by Market Cap
The table below lists competitors of Lead Real Estate Co., Ltd American Depositary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D'IETEREN (DJDA.SG)
STU:DJDA
|
$1.72 Million |
|
Grupo Mexicano de Desarrollo S.A.B
PINK:GMXDF
|
$1.72 Million |
|
Djasa Ubersakti Tbk
JK:PTDU
|
$1.72 Million |
|
Pasukhas Group Bhd
KLSE:0177
|
$1.72 Million |
|
Neola Medical AB
ST:NEOLA
|
$1.72 Million |
|
STAGEZERO LIFE SCIENC.
F:61N1
|
$1.72 Million |
|
WestKam Gold Corp
PINK:WKGFF
|
$1.72 Million |
|
OBAL11
SA:OBAL11
|
$1.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lead Real Estate Co., Ltd American Depositary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,244,926,000 to 34,886,420, a change of -4,210,039,580 (-99.2%).
- Net income of 5,659,376 contributed positively to equity growth.
- Dividend payments of 273,523 reduced retained earnings.
- Other comprehensive income decreased equity by 32,324,649.
- Other factors decreased equity by 4,183,100,784.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.66 Million | +16.22% |
| Dividends Paid | $273.52K | -0.78% |
| Other Comprehensive Income | $-32.32 Million | -92.66% |
| Other Changes | $-4.18 Billion | -11990.63% |
| Total Change | $- | -99.18% |
Book Value vs Market Value Analysis
This analysis compares Lead Real Estate Co., Ltd American Depositary Shares'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: 0.57x
- 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 0.02x to 0.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $87.30 | $1.46 | x |
| 2021-06-30 | $120.53 | $1.46 | x |
| 2022-06-30 | $161.80 | $1.46 | x |
| 2023-06-30 | $201.56 | $1.46 | x |
| 2024-06-30 | $317.71 | $1.46 | x |
| 2025-06-30 | $2.56 | $1.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lead Real Estate Co., Ltd American Depositary Shares 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): 16.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.49%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 4.09x
- Recent ROE (16.22%) is below the historical average (17.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 8.01% | 1.17% | 1.05x | 6.56x | $-25.13 Million |
| 2021 | 17.00% | 2.48% | 1.20x | 5.72x | $115.07 Million |
| 2022 | 24.99% | 3.76% | 1.18x | 5.63x | $330.89 Million |
| 2023 | 22.25% | 3.51% | 1.10x | 5.75x | $336.95 Million |
| 2024 | 14.77% | 3.31% | 1.10x | 4.06x | $202.47 Million |
| 2025 | 16.22% | 4.49% | 0.88x | 4.09x | $2.17 Million |
Industry Comparison
This section compares Lead Real Estate Co., Ltd American Depositary Shares's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,708,016,178
- Average return on equity (ROE) among peers: -18.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lead Real Estate Co., Ltd American Depositary Shares (LRE) | $34.83 Million | 8.01% | 3.10x | $1.72 Million |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $29.20 Million | -17.09% | 0.67x | $7.53 Million |
| Autris (AUTR) | $-56.91K | 0.00% | 0.00x | $1.57K |
| AMREP Corporation (AXR) | $127.47 Million | 9.98% | 0.05x | $80.48 Million |
| Ayala Land Inc (AYAAF) | $50.75 Billion | 8.64% | 0.64x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $124.43K | -208.38% | 2.27x | $1.00 |
| Beijing North Star Company Limited (BEIJF) | $8.81 Billion | 5.10% | 1.91x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $25.08 Billion | 15.75% | 1.41x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $354.40 Million | 7.00% | 0.52x | $141.49 Million |
| Century Communities Inc (CCS) | $1.06 Billion | 10.64% | 1.35x | $1.45 Billion |