Alliance Developpement Capital SIIC SE Net Assets
Alliance Developpement Capital SIIC SE net assets. Based on the latest financial reports, Alliance Developpement Capital SIIC SE (ALDV) has net assets worth €52.33 Million EUR (≈ $61.18 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 (€69.19 Million ≈ $80.89 Million USD) and total liabilities (€16.86 Million ≈ $19.71 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 Alliance Developpement Capital SIIC SE annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €52.33 Million |
| % of Total Assets | 75.63% |
| Annual Growth Rate | 4.44% |
| 5-Year Change | -1.48% |
| 10-Year Change | 108.2% |
| Growth Volatility | 42.65 |
Net Assets of Alliance Developpement Capital SIIC SE (2002–2024)
Net assets of Alliance Developpement Capital SIIC SE from 2002 to 2024. This chart illustrates how Alliance Developpement Capital SIIC SE's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Alliance Developpement Capital SIIC SE to measure how much of total assets are equity-financed.
Annual Net Assets for Alliance Developpement Capital SIIC SE (2002–2024)
The table below shows the annual net assets of Alliance Developpement Capital SIIC SE from 2002 to 2024. For live market cap and overall valuation, see ALDV company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €54.14 Million ≈ $63.29 Million |
-0.66% |
| 2023-12-31 | €54.50 Million ≈ $63.71 Million |
-0.72% |
| 2022-12-31 | €54.89 Million ≈ $64.17 Million |
-0.62% |
| 2021-12-31 | €55.23 Million ≈ $64.57 Million |
+0.51% |
| 2020-12-31 | €54.95 Million ≈ $64.25 Million |
-3.24% |
| 2019-12-31 | €56.80 Million ≈ $66.40 Million |
+140.71% |
| 2018-12-31 | €23.60 Million ≈ $27.59 Million |
+3.77% |
| 2017-12-31 | €22.74 Million ≈ $26.58 Million |
-6.49% |
| 2016-12-31 | €24.32 Million ≈ $28.43 Million |
-6.49% |
| 2015-12-31 | €26.00 Million ≈ $30.40 Million |
+21.24% |
| 2014-12-31 | €21.45 Million ≈ $25.07 Million |
-21.90% |
| 2013-12-31 | €27.46 Million ≈ $32.10 Million |
-7.23% |
| 2012-12-31 | €29.60 Million ≈ $34.61 Million |
-5.88% |
| 2011-12-31 | €31.45 Million ≈ $36.77 Million |
+0.86% |
| 2010-12-31 | €31.18 Million ≈ $36.46 Million |
+28.92% |
| 2009-12-31 | €24.19 Million ≈ $28.28 Million |
-0.80% |
| 2008-12-31 | €24.38 Million ≈ $28.51 Million |
-10.51% |
| 2007-12-31 | €27.24 Million ≈ $31.85 Million |
-16.19% |
| 2006-12-31 | €32.51 Million ≈ $38.00 Million |
-2.09% |
| 2005-12-31 | €33.20 Million ≈ $38.82 Million |
+16.08% |
| 2004-12-31 | €28.60 Million ≈ $33.44 Million |
-41.45% |
| 2003-12-31 | €48.85 Million ≈ $57.11 Million |
+134.71% |
| 2002-12-31 | €20.81 Million ≈ $24.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Alliance Developpement Capital SIIC SE'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 39500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Alliance Developpement Capital SIIC SE Net Assets Breakdown (December 2024)
Alliance Developpement Capital SIIC SE net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €20.57 Million | 42.26% |
| Other Comprehensive Income | €15.44 Million | 31.73% |
| Other Components | €13.05 Million | 26.82% |
| Total Equity | €48.68 Million | 100.00% |
Alliance Developpement Capital SIIC SE Competitors by Market Cap
The table below lists competitors of Alliance Developpement Capital SIIC SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Comperia.pl S.A.
WAR:CPL
|
$8.50 Million |
|
REVOLVE RENEW.POWER CORP.
F:PM7
|
$8.51 Million |
|
Renewi PLC
LSE:RWI
|
$8.51 Million |
|
Avalon Holdings Corporation
NYSE MKT:AWX
|
$8.52 Million |
|
Kadestone Capital Corp
V:KDSX
|
$8.49 Million |
|
NORDIC TECH.GRP.NK-00423
F:UA5
|
$8.49 Million |
|
Regency Ceramics Limited
NSE:REGENCERAM
|
$8.47 Million |
|
Olive Resource Capital Inc
V:OC
|
$8.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alliance Developpement Capital SIIC SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,127,000 to 48,676,000, a change of -451,000 (-0.9%).
- Net loss of 395,000 reduced equity.
- Other comprehensive income decreased equity by 1,829,000.
- Other factors increased equity by 1,773,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-395.00K | -0.81% |
| Other Comprehensive Income | €-1.83 Million | -3.76% |
| Other Changes | €1.77 Million | +3.64% |
| Total Change | €- | -0.92% |
Book Value vs Market Value Analysis
This analysis compares Alliance Developpement Capital SIIC SE'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: 0.16x
- 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 |
|---|---|---|---|
| 2008-12-31 | €0.37 | €0.06 | x |
| 2009-12-31 | €0.36 | €0.06 | x |
| 2010-12-31 | €0.37 | €0.06 | x |
| 2011-12-31 | €0.21 | €0.06 | x |
| 2012-12-31 | €0.20 | €0.06 | x |
| 2013-12-31 | €0.18 | €0.06 | x |
| 2014-12-31 | €0.14 | €0.06 | x |
| 2015-12-31 | €0.17 | €0.06 | x |
| 2016-12-31 | €0.16 | €0.06 | x |
| 2017-12-31 | €0.15 | €0.06 | x |
| 2018-12-31 | €0.16 | €0.06 | x |
| 2019-12-31 | €0.38 | €0.06 | x |
| 2020-12-31 | €0.37 | €0.06 | x |
| 2021-12-31 | €0.37 | €0.06 | x |
| 2022-12-31 | €0.37 | €0.06 | x |
| 2023-12-31 | €0.36 | €0.06 | x |
| 2024-12-31 | €0.36 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alliance Developpement Capital SIIC SE 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): -0.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.36%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.45x
- Recent ROE (-0.81%) is below the historical average (3.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 73.98% | 43.46% | 0.86x | 1.98x | €13.32 Million |
| 2004 | 6.44% | 17.97% | 0.21x | 1.71x | €-1.02 Million |
| 2005 | 13.12% | 50.77% | 0.15x | 1.74x | €1.04 Million |
| 2008 | -11.73% | -115.41% | 0.04x | 2.36x | €-5.30 Million |
| 2009 | -0.31% | -3.50% | 0.05x | 1.76x | €-2.49 Million |
| 2010 | -6.21% | 0.00% | 0.00x | 1.61x | €-5.06 Million |
| 2011 | -2.64% | -88.71% | 0.02x | 1.69x | €-3.61 Million |
| 2012 | -8.01% | -174.55% | 0.03x | 1.66x | €-4.81 Million |
| 2013 | -6.39% | -128.81% | 0.03x | 1.69x | €-4.07 Million |
| 2014 | 3.03% | 45.26% | 0.03x | 2.04x | €-1.31 Million |
| 2015 | 14.60% | 371.68% | 0.02x | 2.32x | €1.08 Million |
| 2016 | -8.57% | -220.38% | 0.02x | 2.48x | €-4.06 Million |
| 2017 | -0.33% | -7.64% | 0.02x | 2.61x | €-2.09 Million |
| 2018 | 0.59% | 13.84% | 0.02x | 2.37x | €-1.98 Million |
| 2019 | 19.21% | 1078.24% | 0.01x | 1.57x | €4.70 Million |
| 2020 | -2.74% | -265.36% | 0.01x | 1.51x | €-6.31 Million |
| 2021 | -1.94% | -104.43% | 0.01x | 1.50x | €-5.94 Million |
| 2022 | -1.93% | -94.55% | 0.01x | 1.48x | €-5.91 Million |
| 2023 | -3.61% | -162.96% | 0.02x | 1.47x | €-6.69 Million |
| 2024 | -0.81% | -35.36% | 0.02x | 1.45x | €-5.26 Million |
Industry Comparison
This section compares Alliance Developpement Capital SIIC SE's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $297,300,000
- Average return on equity (ROE) among peers: 14.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alliance Developpement Capital SIIC SE (ALDV) | €52.33 Million | 73.98% | 0.32x | $8.49 Million |
| Altarea SCA (ALTA) | $297.30 Million | 14.26% | 4.36x | $1.99 Billion |
About Alliance Developpement Capital SIIC SE
Alliance Developpement Capital SIIC (ADC SIIC) is a publicly owned real estate investment firm. The firm specializes in owning and managing residential real estate properties. It primarily invests in properties in Paris and its suburbs. The firm was formerly known as AD Capital SA. Alliance Developpement Capital is based in Saint-Josse-Ten-Noode, Belgium.