Impact Develop (IMP) - Net Assets
Based on the latest financial reports, Impact Develop (IMP) has net assets worth RON1.05 Billion RON (≈ $241.29 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON1.34 Billion ≈ $308.42 Million USD) and total liabilities (RON292.37 Million ≈ $67.13 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. Check IMP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON1.05 Billion |
| % of Total Assets | 78.23% |
| Annual Growth Rate | 10.4% |
| 5-Year Change | 46.59% |
| 10-Year Change | N/A |
| Growth Volatility | 7.48 |
Impact Develop - Net Assets Trend (2020–2025)
This chart illustrates how Impact Develop's net assets have evolved over time, based on quarterly financial data. See Impact Develop defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Impact Develop (2020–2025)
The table below shows the annual net assets of Impact Develop from 2020 to 2025. For live valuation and market cap data, see IMP market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RON1.05 Billion ≈ $241.29 Million |
+9.03% |
| 2024-09-30 | RON963.78 Million ≈ $221.30 Million |
+6.25% |
| 2023-09-30 | RON907.10 Million ≈ $208.28 Million |
+1.96% |
| 2022-09-30 | RON889.62 Million ≈ $204.27 Million |
+24.10% |
| 2021-09-30 | RON716.85 Million ≈ $164.60 Million |
+11.86% |
| 2020-09-30 | RON640.83 Million ≈ $147.14 Million |
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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 grown by 18.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON342.74 Million | 32.87% |
| Other Components | RON700.08 Million | 67.13% |
| Total Equity | RON1.04 Billion | 100.00% |
Impact Develop Competitors by Market Cap
The table below lists competitors of Impact Develop ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wam Active Ltd
AU:WAA
|
$107.80 Million |
|
Showbox Corp
KQ:086980
|
$107.83 Million |
|
Peter Warren Automotive Holdings Ltd
AU:PWR
|
$107.87 Million |
|
Samhaellsbyggnadsbolaget i Norden AB Series D
ST:SBB-D
|
$107.90 Million |
|
Tung Ho Textile Co Ltd
TW:1414
|
$107.61 Million |
|
Dinhvu Port Investment Development JSC
VN:DVP
|
$107.60 Million |
|
Shanghai Diesel Engine Co Ltd B
SHG:900920
|
$107.58 Million |
|
MICROPORT CARDIO.MEDTECH.
F:72X
|
$107.57 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 2024 to 2025, total equity changed from 955,806,000 to 1,042,825,000, a change of 87,019,000 (9.1%).
- Net income of 80,075,000 contributed positively to equity growth.
- Dividend payments of 2,425,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON80.08 Million | +7.68% |
| Dividends Paid | RON2.42 Million | -0.23% |
| Other Changes | RON9.37 Million | +0.9% |
| Total Change | RON- | 9.10% |
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: 0.45x
- 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.
- The price-to-book ratio has decreased from 13.66x to 0.45x 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 | RON3.97 | x |
| 2021-09-30 | RON0.33 | RON3.97 | x |
| 2022-09-30 | RON0.37 | RON3.97 | x |
| 2023-09-30 | RON7.60 | RON3.97 | x |
| 2024-09-30 | RON0.40 | RON3.97 | x |
| 2025-09-30 | RON8.82 | RON3.97 | 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): 7.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.19%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.29x
- Recent ROE (7.68%) is below the historical average (8.01%), 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 |
| 2025 | 7.68% | 24.19% | 0.25x | 1.29x | RON-24.21 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) | RON1.05 Billion | 11.68% | 0.28x | $107.79 Million |
| One United Properties SA (ONE) | $2.53 Billion | 17.46% | 0.67x | $806.85 Million |
About Impact Develop
Impact Developer & Contractor S.A. operates as a real estate developer in Romania. It engages in the development and sale of residential real estate properties, hotel, and office and commercial projects; construction of properties; rental of investment and residential properties; and facility management, wellness and fitness services, and utilities related activities. It also provides property ma… Read more