Lai Sun Development Company Limited
Lai Sun Development Company Limited, together with its subsidiaries, invests in, develops, leases, and sells real estate properties in Hong Kong, Mainland China, Macau, the United Kingdom, Vietnam, and internationally. It operates through Property Development and Sales; Property Investment; Hotel Operation; Restaurant and F&B Product Sales Operations; Media and Entertainment; Film and TV Program;… Read more
Lai Sun Development Company Limited (LVSDF) - Net Assets
Latest net assets as of July 2025: $29.39 Billion USD
Based on the latest financial reports, Lai Sun Development Company Limited (LVSDF) has net assets worth $29.39 Billion USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($64.23 Billion) and total liabilities ($34.84 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 | $29.39 Billion |
| % of Total Assets | 45.75% |
| Annual Growth Rate | 1.1% |
| 5-Year Change | -31.64% |
| 10-Year Change | 18.06% |
| Growth Volatility | 247.96 |
Lai Sun Development Company Limited - Net Assets Trend (1998–2025)
This chart illustrates how Lai Sun Development Company 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 Lai Sun Development Company Limited (1998–2025)
The table below shows the annual net assets of Lai Sun Development Company Limited from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $29.39 Billion | -9.04% |
| 2024-07-31 | $32.31 Billion | -12.35% |
| 2023-07-31 | $36.86 Billion | -10.07% |
| 2022-07-31 | $40.99 Billion | -4.65% |
| 2021-07-31 | $42.98 Billion | -1.07% |
| 2020-07-31 | $43.45 Billion | -10.14% |
| 2019-07-31 | $48.35 Billion | +52.93% |
| 2018-07-31 | $31.62 Billion | +16.65% |
| 2017-07-31 | $27.10 Billion | +8.89% |
| 2016-07-31 | $24.89 Billion | +7.74% |
| 2015-07-31 | $23.10 Billion | +8.85% |
| 2014-07-31 | $21.22 Billion | +8.68% |
| 2013-07-31 | $19.53 Billion | +17.06% |
| 2012-07-31 | $16.68 Billion | +36.23% |
| 2011-07-31 | $12.25 Billion | +26.69% |
| 2010-07-31 | $9.67 Billion | +32.15% |
| 2009-07-31 | $7.32 Billion | +45.87% |
| 2008-07-31 | $5.01 Billion | -23.47% |
| 2007-07-31 | $6.55 Billion | +51.62% |
| 2006-07-31 | $4.32 Billion | +13.79% |
| 2005-07-31 | $3.80 Billion | +1274.04% |
| 2004-07-31 | $276.42 Million | +1976.85% |
| 2003-07-31 | $-14.73 Million | -101.32% |
| 2002-07-31 | $1.12 Billion | -73.56% |
| 2001-07-31 | $4.23 Billion | -56.03% |
| 2000-07-31 | $9.62 Billion | -24.96% |
| 1999-07-31 | $12.81 Billion | -41.41% |
| 1998-07-31 | $21.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lai Sun Development Company 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 1474360000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $14.74 Billion | 63.77% |
| Common Stock | $6.24 Billion | 26.99% |
| Other Components | $2.14 Billion | 9.24% |
| Total Equity | $23.12 Billion | 100.00% |
Lai Sun Development Company Limited Competitors by Market Cap
The table below lists competitors of Lai Sun Development Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trimegah Karya Pratama Tbk PT
JK:UVCR
|
$7.02 Million |
|
AB AMBER GRID EO 029
F:AMH
|
$7.02 Million |
|
MFC-Nichada Thani Property Fund
BK:MNIT
|
$7.02 Million |
|
Green Resources Public Company Limited
BK:GREEN
|
$7.02 Million |
|
Mantengu Mining Ltd.
JSE:MTU
|
$7.02 Million |
|
Cavendish Hydrogen ASA
OL:CAVEN
|
$7.02 Million |
|
BOREO OYJ PREF. EO 085
F:YKK
|
$7.01 Million |
|
WOLFDEN RES. CORP. O.N.
F:WRC
|
$7.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lai Sun Development Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,810,127,000 to 23,119,815,000, a change of -2,690,312,000 (-10.4%).
- Net loss of 2,874,333,000 reduced equity.
- Other comprehensive income decreased equity by 1,196,274,999.
- Other factors increased equity by 1,380,295,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.87 Billion | -12.43% |
| Other Comprehensive Income | $-1.20 Billion | -5.17% |
| Other Changes | $1.38 Billion | +5.97% |
| Total Change | $- | -10.42% |
Book Value vs Market Value Analysis
This analysis compares Lai Sun Development Company 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: 0.00x
- 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 |
|---|---|---|---|
| 1998-07-31 | $487.87 | $0.05 | x |
| 1999-07-31 | $109.97 | $0.05 | x |
| 2000-07-31 | $68.02 | $0.05 | x |
| 2001-07-31 | $39.49 | $0.05 | x |
| 2002-07-31 | $7.84 | $0.05 | x |
| 2003-07-31 | $-3.90 | $0.05 | x |
| 2004-07-31 | $-1.16 | $0.05 | x |
| 2005-07-31 | $12.99 | $0.05 | x |
| 2006-07-31 | $11.78 | $0.05 | x |
| 2007-07-31 | $17.23 | $0.05 | x |
| 2008-07-31 | $13.52 | $0.05 | x |
| 2009-07-31 | $19.12 | $0.05 | x |
| 2010-07-31 | $25.35 | $0.05 | x |
| 2011-07-31 | $32.10 | $0.05 | x |
| 2012-07-31 | $36.70 | $0.05 | x |
| 2013-07-31 | $47.43 | $0.05 | x |
| 2014-07-31 | $51.54 | $0.05 | x |
| 2015-07-31 | $54.53 | $0.05 | x |
| 2016-07-31 | $48.09 | $0.05 | x |
| 2017-07-31 | $43.90 | $0.05 | x |
| 2018-07-31 | $51.24 | $0.05 | x |
| 2019-07-31 | $50.51 | $0.05 | x |
| 2020-07-31 | $49.32 | $0.05 | x |
| 2021-07-31 | $31.33 | $0.05 | x |
| 2022-07-31 | $35.57 | $0.05 | x |
| 2023-07-31 | $24.58 | $0.05 | x |
| 2024-07-31 | $17.76 | $0.05 | x |
| 2025-07-31 | $15.91 | $0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lai Sun Development Company 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): -12.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.68%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.78x
- Recent ROE (-12.43%) is below the historical average (-10.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 1.80% | 8.74% | 0.10x | 2.02x | $-1.41 Billion |
| 1999 | -78.45% | -389.96% | 0.06x | 3.18x | $-7.70 Billion |
| 2000 | -43.21% | -59.19% | 0.24x | 3.06x | $-3.40 Billion |
| 2001 | -30.94% | -62.96% | 0.17x | 2.94x | $-1.58 Billion |
| 2002 | -253.32% | -207.71% | 0.10x | 12.15x | $-2.02 Billion |
| 2003 | 0.00% | -50.85% | 0.11x | 0.00x | $-423.62 Million |
| 2004 | 0.00% | -1.86% | 0.31x | 0.00x | $-27.70 Million |
| 2005 | -16.64% | -72.41% | 0.11x | 2.15x | $-914.40 Million |
| 2006 | 13.95% | 69.17% | 0.10x | 1.96x | $155.39 Million |
| 2007 | 24.87% | 170.19% | 0.09x | 1.58x | $924.84 Million |
| 2008 | 20.21% | 122.60% | 0.11x | 1.55x | $511.84 Million |
| 2009 | -3.12% | -34.01% | 0.06x | 1.55x | $-930.33 Million |
| 2010 | 21.95% | 283.11% | 0.05x | 1.50x | $1.12 Billion |
| 2011 | 19.60% | 196.47% | 0.07x | 1.40x | $1.15 Billion |
| 2012 | 13.95% | 260.82% | 0.04x | 1.24x | $646.81 Million |
| 2013 | 13.41% | 266.05% | 0.04x | 1.39x | $651.34 Million |
| 2014 | 7.12% | 70.09% | 0.08x | 1.35x | $-598.72 Million |
| 2015 | 8.91% | 130.91% | 0.05x | 1.39x | $-247.99 Million |
| 2016 | 4.71% | 61.47% | 0.05x | 1.42x | $-1.29 Billion |
| 2017 | 7.87% | 122.86% | 0.04x | 1.45x | $-566.41 Million |
| 2018 | 13.91% | 256.06% | 0.04x | 1.50x | $1.22 Billion |
| 2019 | 13.52% | 74.58% | 0.08x | 2.19x | $1.26 Billion |
| 2020 | -8.39% | -54.44% | 0.07x | 2.21x | $-6.43 Billion |
| 2021 | -6.11% | -33.67% | 0.07x | 2.43x | $-5.50 Billion |
| 2022 | -6.00% | -38.61% | 0.06x | 2.47x | $-5.25 Billion |
| 2023 | -9.96% | -60.51% | 0.07x | 2.48x | $-5.94 Billion |
| 2024 | -14.24% | -61.26% | 0.09x | 2.61x | $-6.26 Billion |
| 2025 | -12.43% | -58.68% | 0.08x | 2.78x | $-5.19 Billion |
Industry Comparison
This section compares Lai Sun Development Company Limited's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $44,839,195,622
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lai Sun Development Company Limited (LVSDF) | $29.39 Billion | 1.80% | 1.19x | $7.02 Million |
| Fastighets AB Balder (publ) (BALDF) | $4.66 Billion | 37.66% | 2.23x | $4.42 Billion |
| Bresler & Reiner Inc (BRER) | $221.94 Million | -4.18% | 3.15x | $286.68 |
| Chinese Estates Holdings Limited (CESTF) | $28.78 Billion | 2.16% | 0.30x | $71.54 Million |
| Central Pattana Public Company Limited (CPNNF) | $15.17 Billion | 14.49% | 1.89x | $3.86 Billion |
| Community Redevelopment Inc (CRDV) | $-732.85K | 0.00% | 0.00x | $450.08K |
| Daito Trust Construction Co.Ltd (DITTF) | $365.79 Billion | 19.02% | 1.75x | $30.07 Billion |
| Eco Depot Inc (ECDP) | $5.22 Million | -14.85% | 0.39x | $551.28 |
| Frasers Property Limited (FSRPF) | $15.12 Billion | 1.24% | 1.56x | $289.47 Million |
| 420 Property Management Inc (FTPM) | $-19.97 Million | 0.00% | 0.00x | $1.92 |
| Great Eagle Holdings Limited (GEAHF) | $18.67 Billion | 1.67% | 1.04x | $355.22 Million |