HBR Realty Empreendimentos Imobiliários S.A (HBRE3) - Net Assets
Based on the latest financial reports, HBR Realty Empreendimentos Imobiliários S.A (HBRE3) has net assets worth R$1.83 Billion BRL (≈ $359.62 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 (R$5.09 Billion ≈ $998.61 Million USD) and total liabilities (R$3.26 Billion ≈ $638.98 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 HBR Realty Empreendimentos Imobiliários tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$1.83 Billion |
| % of Total Assets | 36.01% |
| Annual Growth Rate | 7.97% |
| 5-Year Change | 43.59% |
| 10-Year Change | N/A |
| Growth Volatility | 31.61 |
HBR Realty Empreendimentos Imobiliários S.A - Net Assets Trend (2016–2025)
This chart illustrates how HBR Realty Empreendimentos Imobiliários S.A's net assets have evolved over time, based on quarterly financial data. See HBR Realty Empreendimentos Imobiliários (HBRE3) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HBR Realty Empreendimentos Imobiliários S.A (2016–2025)
The table below shows the annual net assets of HBR Realty Empreendimentos Imobiliários S.A from 2016 to 2025. For live valuation and market cap data, see HBR Realty Empreendimentos Imobiliários market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$2.72 Billion ≈ $533.49 Million |
-7.82% |
| 2024-12-31 | R$2.95 Billion ≈ $578.76 Million |
+7.98% |
| 2023-12-31 | R$2.73 Billion ≈ $535.97 Million |
+41.63% |
| 2022-12-31 | R$1.93 Billion ≈ $378.42 Million |
+1.86% |
| 2021-12-31 | R$1.89 Billion ≈ $371.53 Million |
+71.83% |
| 2020-12-31 | R$1.10 Billion ≈ $216.22 Million |
-0.91% |
| 2019-12-31 | R$1.11 Billion ≈ $218.21 Million |
+21.12% |
| 2018-12-31 | R$918.15 Million ≈ $180.16 Million |
+27.95% |
| 2017-12-31 | R$717.58 Million ≈ $140.80 Million |
-47.39% |
| 2016-12-31 | R$1.36 Billion ≈ $267.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to HBR Realty Empreendimentos Imobiliários S.A'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 54166000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$473.12 Million | 25.81% |
| Common Stock | R$1.29 Billion | 70.20% |
| Other Components | R$72.96 Million | 3.98% |
| Total Equity | R$1.83 Billion | 100.00% |
HBR Realty Empreendimentos Imobiliários S.A Competitors by Market Cap
The table below lists competitors of HBR Realty Empreendimentos Imobiliários S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Idex ASA
OL:IDEX
|
$49.70 Million |
|
Banswara Syntex Limited
NSE:BANSWRAS
|
$49.71 Million |
|
Sea & Land Integrated Co
TWO:5603
|
$49.73 Million |
|
Shareholder Value Beteiligungen AG
XETRA:SVE
|
$49.76 Million |
|
NetSol Technologies Inc
NASDAQ:NTWK
|
$49.70 Million |
|
CORESTEM Inc
KQ:166480
|
$49.69 Million |
|
Strongpoint ASA
OL:STRO
|
$49.67 Million |
|
360 Capital Group
AU:TGP
|
$49.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HBR Realty Empreendimentos Imobiliários S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,068,676,000 to 1,832,778,000, a change of -235,898,000 (-11.4%).
- Net income of 27,498,000 contributed positively to equity growth.
- Dividend payments of 1,600,000 reduced retained earnings.
- Other factors decreased equity by 261,796,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$27.50 Million | +1.5% |
| Dividends Paid | R$1.60 Million | -0.09% |
| Other Changes | R$-261.80 Million | -14.28% |
| Total Change | R$- | -11.40% |
Book Value vs Market Value Analysis
This analysis compares HBR Realty Empreendimentos Imobiliários S.A'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: 0.14x
- 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 |
|---|---|---|---|
| 2016-12-31 | R$13.22 | R$2.46 | x |
| 2017-12-31 | R$6.95 | R$2.46 | x |
| 2018-12-31 | R$8.90 | R$2.46 | x |
| 2019-12-31 | R$10.78 | R$2.46 | x |
| 2020-12-31 | R$10.68 | R$2.46 | x |
| 2021-12-31 | R$18.35 | R$2.46 | x |
| 2022-12-31 | R$18.69 | R$2.46 | x |
| 2023-12-31 | R$19.73 | R$2.46 | x |
| 2024-12-31 | R$20.10 | R$2.46 | x |
| 2025-12-31 | R$17.80 | R$2.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HBR Realty Empreendimentos Imobiliários S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.16%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.78x
- Recent ROE (1.50%) is below the historical average (6.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1.92% | -55.48% | 0.02x | 1.56x | R$-162.60 Million |
| 2017 | 11.59% | 157.85% | 0.04x | 1.96x | R$11.38 Million |
| 2018 | 19.37% | 310.54% | 0.03x | 1.84x | R$86.07 Million |
| 2019 | 17.44% | 285.42% | 0.03x | 2.12x | R$82.73 Million |
| 2020 | -1.89% | -26.89% | 0.03x | 2.37x | R$-130.99 Million |
| 2021 | 8.25% | 177.66% | 0.02x | 1.99x | R$-33.18 Million |
| 2022 | 3.27% | 44.75% | 0.03x | 2.22x | R$-129.82 Million |
| 2023 | 6.51% | 85.94% | 0.03x | 2.32x | R$-70.64 Million |
| 2024 | 2.30% | 29.23% | 0.03x | 2.46x | R$-159.22 Million |
| 2025 | 1.50% | 5.16% | 0.10x | 2.78x | R$-155.78 Million |
Industry Comparison
This section compares HBR Realty Empreendimentos Imobiliários S.A's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,634,034,111
- Average return on equity (ROE) among peers: 9.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HBR Realty Empreendimentos Imobiliários S.A (HBRE3) | R$1.83 Billion | -1.92% | 1.78x | $49.70 Million |
| Allos S.A. (ALOS3) | $15.10 Billion | 22.42% | 0.83x | $2.61 Billion |
| Helbor Empreendimentos S.A (HBOR3) | $345.87 Million | 1.88% | 1.06x | $57.28 Million |
| Jereissati Participações S.A. (IGTI11) | $2.60 Billion | 2.85% | 0.87x | $42.37K |
| Jereissati Participações S.A. (IGTI3) | $4.31 Billion | 9.28% | 0.97x | $483.56 Million |
| João Fortes Engenharia S.A. (JFEN3) | $-827.61 Million | 0.00% | 0.00x | $1.58 Million |
| Lavvi Empreendimentos Imobiliários S.A (LAVV3) | $115.52 Million | 38.29% | 2.17x | $410.70 Million |
| LPS Brasil - Consultoria de Imóveis S.A (LPSB3) | $173.40 Million | -2.96% | 1.29x | $40.14 Million |
| Moura Dubeux Engenharia S.A (MDNE3) | $676.45 Million | 10.22% | 2.55x | $446.29 Million |
| Melnick Even Desenvolvimento Imobiliário S.A (MELK3) | $1.21 Billion | 7.00% | 0.91x | $128.64 Million |
About HBR Realty Empreendimentos Imobiliários S.A
HBR Realty Empreendimentos Imobiliários S.A. engages in the developments, leasing, and management of real estate assets in Brazil. It operates convenience centers, corporate buildings, shopping centers, hotels, and parking lots, as well as provides self-storage units, +Box, built to suit rent agreements, and sale lease back services. The company was founded in 2011 and is headquartered in Mogi da… Read more