Kerry Properties Limited
Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company owns and operates hotels; and provides integrated logistics and international freight forwarding, consultancy, administrative support, project management, financial, estate agency, and construc… Read more
Kerry Properties Limited (KRYPF) - Net Assets
Latest net assets as of December 2024: $116.65 Billion USD
Based on the latest financial reports, Kerry Properties Limited (KRYPF) has net assets worth $116.65 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($201.35 Billion) and total liabilities ($84.70 Billion). 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 | $116.65 Billion |
| % of Total Assets | 57.93% |
| Annual Growth Rate | 6.32% |
| 5-Year Change | -6.43% |
| 10-Year Change | 23.88% |
| Growth Volatility | 11.99 |
Kerry Properties Limited - Net Assets Trend (2000–2024)
This chart illustrates how Kerry Properties Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kerry Properties Limited (2000–2024)
The table below shows the annual net assets of Kerry Properties Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $116.65 Billion | -3.72% |
| 2023-12-31 | $121.16 Billion | -1.08% |
| 2022-12-31 | $122.48 Billion | -7.43% |
| 2021-12-31 | $132.31 Billion | +6.14% |
| 2020-12-31 | $124.66 Billion | +8.04% |
| 2019-12-31 | $115.38 Billion | +4.00% |
| 2018-12-31 | $110.94 Billion | +3.00% |
| 2017-12-31 | $107.71 Billion | +13.12% |
| 2016-12-31 | $95.22 Billion | +1.12% |
| 2015-12-31 | $94.16 Billion | +0.80% |
| 2014-12-31 | $93.41 Billion | +5.11% |
| 2013-12-31 | $88.88 Billion | +5.36% |
| 2012-12-31 | $84.35 Billion | +13.30% |
| 2011-12-31 | $74.45 Billion | +10.32% |
| 2010-12-31 | $67.48 Billion | +17.17% |
| 2009-12-31 | $57.59 Billion | +9.61% |
| 2008-12-31 | $52.54 Billion | +12.32% |
| 2007-12-31 | $46.78 Billion | +48.71% |
| 2006-12-31 | $31.46 Billion | +16.95% |
| 2005-12-31 | $26.90 Billion | +16.82% |
| 2004-12-31 | $23.03 Billion | +3.45% |
| 2003-12-31 | $22.26 Billion | -16.43% |
| 2002-12-31 | $26.63 Billion | +8.17% |
| 2001-12-31 | $24.62 Billion | -8.16% |
| 2000-12-31 | $26.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kerry Properties Limited'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 1399.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $87.82 Billion | 85.01% |
| Common Stock | $1.45 Billion | 1.40% |
| Other Comprehensive Income | $957.00 Million | 0.93% |
| Other Components | $13.08 Billion | 12.66% |
| Total Equity | $103.31 Billion | 100.00% |
Kerry Properties Limited Competitors by Market Cap
The table below lists competitors of Kerry Properties Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NTT UD REIT Investment Corporation
OTCGREY:PICJF
|
$1.31 Billion |
|
Henan Lingrui Pharmaceutical Co Ltd
SHG:600285
|
$1.31 Billion |
|
Shenzhen FRD Science & Technology Co Ltd
SHE:300602
|
$1.31 Billion |
|
General Insurance Corporation of India
NSE:GICRE
|
$1.31 Billion |
|
Hedef Holdings AS
IS:HEDEF
|
$1.31 Billion |
|
Immunocore Holdings Ltd
NASDAQ:IMCR
|
$1.31 Billion |
|
Shandong Hi-speed Co Ltd
SHG:600350
|
$1.31 Billion |
|
Cloudwalk Technology Co. Ltd. A
SHG:688327
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kerry Properties Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 107,256,580,000 to 103,311,000,000, a change of -3,945,580,000 (-3.7%).
- Net income of 808,000,000 contributed positively to equity growth.
- Dividend payments of 1,959,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,024,697,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $808.00 Million | +0.78% |
| Dividends Paid | $1.96 Billion | -1.9% |
| Other Comprehensive Income | $-3.02 Billion | -2.93% |
| Other Changes | $230.12 Million | +0.22% |
| Total Change | $- | -3.68% |
Book Value vs Market Value Analysis
This analysis compares Kerry Properties Limited'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: 0.03x
- 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 |
|---|---|---|---|
| 2000-12-31 | $21.22 | $2.30 | x |
| 2001-12-31 | $19.09 | $2.30 | x |
| 2002-12-31 | $17.00 | $2.30 | x |
| 2003-12-31 | $16.84 | $2.30 | x |
| 2004-12-31 | $17.92 | $2.30 | x |
| 2005-12-31 | $21.31 | $2.30 | x |
| 2006-12-31 | $22.05 | $2.30 | x |
| 2007-12-31 | $31.79 | $2.30 | x |
| 2008-12-31 | $31.47 | $2.30 | x |
| 2009-12-31 | $34.02 | $2.30 | x |
| 2010-12-31 | $39.52 | $2.30 | x |
| 2011-12-31 | $43.02 | $2.30 | x |
| 2012-12-31 | $48.88 | $2.30 | x |
| 2013-12-31 | $52.51 | $2.30 | x |
| 2014-12-31 | $55.43 | $2.30 | x |
| 2015-12-31 | $56.27 | $2.30 | x |
| 2016-12-31 | $57.32 | $2.30 | x |
| 2017-12-31 | $65.29 | $2.30 | x |
| 2018-12-31 | $67.08 | $2.30 | x |
| 2019-12-31 | $69.83 | $2.30 | x |
| 2020-12-31 | $75.44 | $2.30 | x |
| 2021-12-31 | $80.22 | $2.30 | x |
| 2022-12-31 | $74.86 | $2.30 | x |
| 2023-12-31 | $73.90 | $2.30 | x |
| 2024-12-31 | $71.18 | $2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kerry Properties Limited 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): 0.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.14%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.95x
- Recent ROE (0.78%) is below the historical average (7.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.40% | 25.36% | 0.08x | 1.65x | $-1.57 Billion |
| 2001 | 1.81% | 7.86% | 0.14x | 1.63x | $-1.79 Billion |
| 2002 | 3.34% | 12.81% | 0.16x | 1.64x | $-1.32 Billion |
| 2003 | 1.99% | 9.39% | 0.14x | 1.55x | $-1.59 Billion |
| 2004 | 8.49% | 38.33% | 0.14x | 1.54x | $-346.97 Million |
| 2005 | 12.13% | 40.73% | 0.18x | 1.68x | $572.29 Million |
| 2006 | 15.99% | 46.00% | 0.19x | 1.79x | $1.76 Billion |
| 2007 | 14.91% | 52.52% | 0.18x | 1.61x | $2.16 Billion |
| 2008 | 6.56% | 23.26% | 0.17x | 1.70x | $-1.60 Billion |
| 2009 | 8.71% | 33.94% | 0.15x | 1.75x | $-651.46 Million |
| 2010 | 11.42% | 31.58% | 0.20x | 1.78x | $835.26 Million |
| 2011 | 8.37% | 25.88% | 0.17x | 1.93x | $-1.04 Billion |
| 2012 | 9.83% | 20.17% | 0.25x | 1.94x | $-118.96 Million |
| 2013 | 17.36% | 94.16% | 0.10x | 1.88x | $5.58 Billion |
| 2014 | 8.46% | 46.19% | 0.10x | 1.82x | $-1.23 Billion |
| 2015 | 6.80% | 53.21% | 0.07x | 1.86x | $-2.61 Billion |
| 2016 | 7.90% | 50.32% | 0.08x | 2.09x | $-1.74 Billion |
| 2017 | 9.80% | 26.00% | 0.21x | 1.84x | $-192.83 Million |
| 2018 | 7.69% | 34.99% | 0.13x | 1.74x | $-2.25 Billion |
| 2019 | 6.78% | 38.00% | 0.10x | 1.75x | $-3.27 Billion |
| 2020 | 4.92% | 36.89% | 0.07x | 1.78x | $-5.58 Billion |
| 2021 | 8.87% | 67.03% | 0.08x | 1.71x | $-1.32 Billion |
| 2022 | 2.53% | 18.68% | 0.07x | 1.85x | $-8.12 Billion |
| 2023 | 3.02% | 24.78% | 0.06x | 1.94x | $-7.48 Billion |
| 2024 | 0.78% | 4.14% | 0.10x | 1.95x | $-9.52 Billion |
Industry Comparison
This section compares Kerry Properties Limited'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 |
|---|---|---|---|---|
| Kerry Properties Limited (KRYPF) | $116.65 Billion | 3.40% | 0.73x | $1.31 Billion |
| 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 |