Impact Develop
Impact Developer & Contractor S.A. operates as a real estate developer in Romania. It operates through two segments: Sale of Residential Properties; and Construction Services. The company engages in the development and sale of residential real estate properties, hotel, and office and commercial projects, as well as rents properties. It also provides property management, sports and relaxation cent… Read more
Impact Develop (IMP) - Net Assets
Latest net assets as of September 2025: RON1.03 Billion RON
Based on the latest financial reports, Impact Develop (IMP) has net assets worth RON1.03 Billion RON as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON1.34 Billion) and total liabilities (RON308.18 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 | RON1.03 Billion |
| % of Total Assets | 76.93% |
| Annual Growth Rate | 10.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.32 |
Impact Develop - Net Assets Trend (2020–2024)
This chart illustrates how Impact Develop's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Impact Develop (2020–2024)
The table below shows the annual net assets of Impact Develop from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | RON963.78 Million | +6.25% |
| 2023-09-30 | RON907.10 Million | +1.96% |
| 2022-09-30 | RON889.62 Million | +24.10% |
| 2021-09-30 | RON716.85 Million | +11.86% |
| 2020-09-30 | RON640.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Impact Develop'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 5.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON273.28 Million | 28.59% |
| Other Components | RON682.52 Million | 71.41% |
| Total Equity | RON955.81 Million | 100.00% |
Impact Develop Competitors by Market Cap
The table below lists competitors of Impact Develop ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aftermath Silver Ltd
OTCQX:AAGFF
|
$99.81 Million |
|
Stic Investments Inc
KO:026890
|
$99.82 Million |
|
Bauer AG
HM:B5A
|
$99.82 Million |
|
Vakif Finansal Kiralama AS
IS:VAKFN
|
$99.87 Million |
|
Besqab
ST:BESQAB
|
$99.80 Million |
|
Kao Fong Machinery Co Ltd
TWO:4510
|
$99.78 Million |
|
EcoGraf Ltd
F:FMK
|
$99.77 Million |
|
Shandong Molong Petroleum Machinery Company Limited
PINK:SHANY
|
$99.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Impact Develop's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 898,377,000 to 955,806,000, a change of 57,429,000 (6.4%).
- Net income of 58,675,000 contributed positively to equity growth.
- Dividend payments of 2,655,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON58.67 Million | +6.14% |
| Dividends Paid | RON2.65 Million | -0.28% |
| Other Changes | RON1.41 Million | +0.15% |
| Total Change | RON- | 6.39% |
Book Value vs Market Value Analysis
This analysis compares Impact Develop'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: 10.69x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 14.86x to 10.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | RON0.29 | RON4.32 | x |
| 2021-09-30 | RON0.33 | RON4.32 | x |
| 2022-09-30 | RON0.37 | RON4.32 | x |
| 2023-09-30 | RON7.60 | RON4.32 | x |
| 2024-09-30 | RON0.40 | RON4.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Impact Develop 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): 6.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.03%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.48x
- Recent ROE (6.14%) is below the historical average (8.07%), 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 | 11.68% | 36.62% | 0.21x | 1.54x | RON10.77 Million |
| 2021 | 10.99% | 57.27% | 0.11x | 1.68x | RON7.11 Million |
| 2022 | 9.73% | 39.06% | 0.15x | 1.64x | RON-2.35 Million |
| 2023 | 1.82% | 9.53% | 0.12x | 1.63x | RON-73.52 Million |
| 2024 | 6.14% | 19.03% | 0.22x | 1.48x | RON-36.91 Million |
Industry Comparison
This section compares Impact Develop's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $2,531,326,688
- Average return on equity (ROE) among peers: 17.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Impact Develop (IMP) | RON1.03 Billion | 11.68% | 0.30x | $99.80 Million |
| One United Properties SA (ONE) | $2.53 Billion | 17.46% | 0.67x | $293.67 Million |