UC Asset LP
UC Asset, LP, a limited partnership, invests in real estate for development and redevelopment in the Atlanta area. Its investments primarily consist of ownership interests in residential and commercial properties for redevelopment in the Atlanta metropolitan area. The company also focuses to invest in and develop properties located in communities adjacent to airports and/or central business distr… Read more
UC Asset LP (UCASU) - Net Assets
Latest net assets as of June 2024: $5.64 Million USD
Based on the latest financial reports, UC Asset LP (UCASU) has net assets worth $5.64 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.91 Million) and total liabilities ($276.33K). 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 | $5.64 Million |
| % of Total Assets | 95.33% |
| Annual Growth Rate | -2.43% |
| 5-Year Change | -14.21% |
| 10-Year Change | N/A |
| Growth Volatility | 328.53 |
UC Asset LP - Net Assets Trend (2018–2023)
This chart illustrates how UC Asset LP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for UC Asset LP (2018–2023)
The table below shows the annual net assets of UC Asset LP from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $7.38 Million | +254.46% |
| 2022-12-31 | $-4.78 Million | -781.83% |
| 2021-12-31 | $701.21K | -92.14% |
| 2020-12-31 | $8.92 Million | +3.65% |
| 2019-12-31 | $8.61 Million | +3.07% |
| 2018-12-31 | $8.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to UC Asset LP'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 569340600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.69 Million | 98.50% |
| Common Stock | $5.27 Million | 91.18% |
| Total Equity | $5.78 Million | 100.00% |
UC Asset LP Competitors by Market Cap
The table below lists competitors of UC Asset LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Red Hawk Mining Limited
AU:RHK
|
$1.33 Million |
|
Burley Minerals Ltd
AU:BUR
|
$1.33 Million |
|
Fica Empreendimentos Imobiliarios S.A
SA:FIEI3
|
$1.33 Million |
|
CHINA HEALTH GRP HD-10
F:VNL1
|
$1.33 Million |
|
Helix Applications Inc
PINK:BLVDF
|
$1.33 Million |
|
Taboola.com Ltd. Warrant
NASDAQ:TBLAW
|
$1.33 Million |
|
INVO Fertility, Inc.
NASDAQ:IVF
|
$1.33 Million |
|
YUM BRANDS - Dusseldorf Stock Exchang
DU:TGR
|
$1.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in UC Asset LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,598,523 to 5,780,085, a change of 181,562 (3.2%).
- Net income of 190,794 contributed positively to equity growth.
- Other comprehensive income decreased equity by 4,989,191.
- Other factors increased equity by 4,979,959.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $190.79K | +3.3% |
| Other Comprehensive Income | $-4.99 Million | -86.32% |
| Other Changes | $4.98 Million | +86.16% |
| Total Change | $- | 3.24% |
Book Value vs Market Value Analysis
This analysis compares UC Asset LP'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: 0.24x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $1.48 | $0.25 | x |
| 2020-12-31 | $1.58 | $0.25 | x |
| 2021-12-31 | $0.00 | $0.25 | x |
| 2022-12-31 | $0.00 | $0.25 | x |
| 2023-12-31 | $1.05 | $0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently UC Asset LP 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): 3.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.39%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.29x
- Recent ROE (3.30%) is above the historical average (-1.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -3.13% | 0.00% | -0.02x | 1.01x | $-1.10 Million |
| 2019 | 2.36% | 5.93% | 0.39x | 1.03x | $-657.29K |
| 2020 | 0.16% | 0.29% | 0.54x | 1.01x | $-878.08K |
| 2021 | 8.97% | 24.33% | 0.37x | 1.00x | $-77.39K |
| 2022 | -22.23% | -142.63% | 4.19x | 0.04x | $-1.80 Million |
| 2023 | 3.30% | 10.39% | 0.25x | 1.29x | $-387.21K |
Industry Comparison
This section compares UC Asset LP'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 |
|---|---|---|---|---|
| UC Asset LP (UCASU) | $5.64 Million | -3.13% | 0.05x | $1.33 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 |