One United Properties SA (ONE) - Net Assets
Based on the latest financial reports, One United Properties SA (ONE) has net assets worth RON3.77 Billion RON (≈ $864.83 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON6.12 Billion ≈ $1.40 Billion USD) and total liabilities (RON2.35 Billion ≈ $539.56 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 ONE cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON3.77 Billion |
| % of Total Assets | 61.58% |
| Annual Growth Rate | 28.06% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.6 |
One United Properties SA - Net Assets Trend (2021–2024)
This chart illustrates how One United Properties SA's net assets have evolved over time, based on quarterly financial data. Also explore One United Properties SA total assets for the complete picture of this company's asset base.
Annual Net Assets for One United Properties SA (2021–2024)
The table below shows the annual net assets of One United Properties SA from 2021 to 2024. For live valuation and market cap data, see One United Properties SA (ONE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | RON3.46 Billion ≈ $794.27 Million |
+20.82% |
| 2023-12-31 | RON2.86 Billion ≈ $657.38 Million |
+13.10% |
| 2022-12-31 | RON2.53 Billion ≈ $581.23 Million |
+53.70% |
| 2021-12-31 | RON1.65 Billion ≈ $378.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to One United Properties SA'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 116.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON1.71 Billion | 57.77% |
| Other Components | RON1.25 Billion | 42.23% |
| Total Equity | RON2.97 Billion | 100.00% |
One United Properties SA Competitors by Market Cap
The table below lists competitors of One United Properties SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiujiang Shanshui Technology Co.Ltd
SHE:301190
|
$784.57 Million |
|
Paul Hartmann AG
F:PHH2
|
$784.93 Million |
|
Link Mobility Group Holding ASA
OL:LINK
|
$785.01 Million |
|
Amerigo Resources Ltd.
TO:ARG
|
$785.34 Million |
|
Zhejiang Qianjiang Biochemical Co Ltd
SHG:600796
|
$783.68 Million |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
$783.32 Million |
|
Huawen Media Investment Corp
SHE:000793
|
$783.26 Million |
|
Jiangsu TongLin Electric Co.Ltd.
SHE:301168
|
$782.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in One United Properties SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,390,739,270 to 2,967,692,675, a change of 576,953,405 (24.1%).
- Net income of 324,326,914 contributed positively to equity growth.
- Dividend payments of 120,223,154 reduced retained earnings.
- Share repurchases of 10,858,214 reduced equity.
- New share issuances of 340,059,509 increased equity.
- Other factors increased equity by 43,648,350.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON324.33 Million | +10.93% |
| Dividends Paid | RON120.22 Million | -4.05% |
| Share Repurchases | RON10.86 Million | -0.37% |
| Share Issuances | RON340.06 Million | +11.46% |
| Other Changes | RON43.65 Million | +1.47% |
| Total Change | RON- | 24.13% |
Book Value vs Market Value Analysis
This analysis compares One United Properties SA'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: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.49x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | RON20.76 | RON30.90 | x |
| 2023-12-31 | RON23.93 | RON30.90 | x |
| 2024-12-31 | RON26.84 | RON30.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently One United Properties SA 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): 10.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.08%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.86x
- Recent ROE (10.93%) is below the historical average (19.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 29.56% | 54.72% | 0.26x | 2.11x | RON258.96 Million |
| 2022 | 21.85% | 52.10% | 0.20x | 2.09x | RON239.76 Million |
| 2023 | 17.40% | 33.05% | 0.25x | 2.09x | RON176.89 Million |
| 2024 | 10.93% | 25.08% | 0.23x | 1.86x | RON27.56 Million |
Industry Comparison
This section compares One United Properties SA's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $889,620,000
- Average return on equity (ROE) among peers: 9.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| One United Properties SA (ONE) | RON3.77 Billion | 29.56% | 0.62x | $784.01 Million |
| Impact Develop (IMP) | $889.62 Million | 9.62% | 0.62x | $117.84 Million |
About One United Properties SA
One United Properties SA, together with its subsidiaries, develops and sells real estate properties in Romania. It operates through Office, Retail, and Landbank; and Residential segments. The company engages in the investment and development of residential, mixed-use, commercial, and office real estate projects under the One brand. It also provides architecture services for group and non-group pr… Read more