RNI Negócios Imobiliários S.A (RDNI3) - Net Assets
Based on the latest financial reports, RNI Negócios Imobiliários S.A (RDNI3) has net assets worth R$191.05 Million BRL (≈ $37.49 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 (R$1.18 Billion ≈ $231.17 Million USD) and total liabilities (R$987.10 Million ≈ $193.69 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 RNI Negócios Imobiliários S.A liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$191.05 Million |
| % of Total Assets | 16.22% |
| Annual Growth Rate | 11.35% |
| 5-Year Change | -53.4% |
| 10-Year Change | -65.8% |
| Growth Volatility | 160.9 |
RNI Negócios Imobiliários S.A - Net Assets Trend (2003–2024)
This chart illustrates how RNI Negócios Imobiliários S.A's net assets have evolved over time, based on quarterly financial data. Also explore RDNI3 total assets for the complete picture of this company's asset base.
Annual Net Assets for RNI Negócios Imobiliários S.A (2003–2024)
The table below shows the annual net assets of RNI Negócios Imobiliários S.A from 2003 to 2024. For live valuation and market cap data, see RNI Negócios Imobiliários S.A (RDNI3) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$291.47 Million ≈ $57.19 Million |
-36.80% |
| 2023-12-31 | R$461.15 Million ≈ $90.49 Million |
-30.25% |
| 2022-12-31 | R$661.20 Million ≈ $129.74 Million |
+3.62% |
| 2021-12-31 | R$638.12 Million ≈ $125.21 Million |
+2.02% |
| 2020-12-31 | R$625.47 Million ≈ $122.73 Million |
+0.30% |
| 2019-12-31 | R$623.59 Million ≈ $122.36 Million |
-0.43% |
| 2018-12-31 | R$626.30 Million ≈ $122.89 Million |
-3.65% |
| 2017-12-31 | R$650.03 Million ≈ $127.55 Million |
-13.80% |
| 2016-12-31 | R$754.11 Million ≈ $147.97 Million |
-11.52% |
| 2015-12-31 | R$852.30 Million ≈ $167.24 Million |
-7.15% |
| 2014-12-31 | R$917.94 Million ≈ $180.12 Million |
-4.32% |
| 2013-12-31 | R$959.38 Million ≈ $188.25 Million |
+6.74% |
| 2012-12-31 | R$898.77 Million ≈ $176.36 Million |
+26.07% |
| 2011-12-31 | R$712.94 Million ≈ $139.89 Million |
+5.23% |
| 2010-12-31 | R$677.51 Million ≈ $132.94 Million |
+8.78% |
| 2009-12-31 | R$622.83 Million ≈ $122.21 Million |
+3.67% |
| 2008-12-31 | R$600.79 Million ≈ $117.89 Million |
+10.59% |
| 2007-12-31 | R$543.27 Million ≈ $106.60 Million |
+749.69% |
| 2006-12-31 | R$63.94 Million ≈ $12.55 Million |
+96.69% |
| 2005-12-31 | R$32.51 Million ≈ $6.38 Million |
+6.53% |
| 2004-12-31 | R$30.52 Million ≈ $5.99 Million |
+0.14% |
| 2003-12-31 | R$30.47 Million ≈ $5.98 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to RNI Negócios 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 decreased by 1672.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$512.44 Million | 190.89% |
| Other Comprehensive Income | R$-34.91 Million | -13.00% |
| Total Equity | R$268.45 Million | 100.00% |
RNI Negócios Imobiliários S.A Competitors by Market Cap
The table below lists competitors of RNI Negócios Imobiliários S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korean Air Lines Co Ltd
KO:003495
|
$17.73 Million |
|
Apimeds Pharmaceuticals US, Inc.
NYSE MKT:APUS
|
$17.73 Million |
|
Lead Real Estate Co., Ltd American Depositary Shares
NASDAQ:LRE
|
$17.73 Million |
|
Edaran Bhd
KLSE:5036
|
$17.74 Million |
|
Xintela AB
ST:XINT
|
$17.71 Million |
|
Millcon Steel Public Company Limited
BK:MILL
|
$17.71 Million |
|
Bull Will Co Ltd
TWO:6259
|
$17.71 Million |
|
Tips Films Limited
NSE:TIPSFILMS
|
$17.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RNI Negócios Imobiliários S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 445,226,000 to 268,453,000, a change of -176,773,000 (-39.7%).
- Net loss of 141,864,000 reduced equity.
- Other comprehensive income increased equity by 16,427,000.
- Other factors decreased equity by 51,336,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-141.86 Million | -52.85% |
| Other Comprehensive Income | R$16.43 Million | +6.12% |
| Other Changes | R$-51.34 Million | -19.12% |
| Total Change | R$- | -39.70% |
Book Value vs Market Value Analysis
This analysis compares RNI Negócios 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: 0.34x
- 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 1.20x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | R$1.79 | R$2.14 | x |
| 2006-12-31 | R$2.50 | R$2.14 | x |
| 2007-12-31 | R$11.18 | R$2.14 | x |
| 2008-12-31 | R$12.37 | R$2.14 | x |
| 2009-12-31 | R$12.82 | R$2.14 | x |
| 2010-12-31 | R$13.99 | R$2.14 | x |
| 2011-12-31 | R$14.75 | R$2.14 | x |
| 2012-12-31 | R$16.19 | R$2.14 | x |
| 2013-12-31 | R$17.48 | R$2.14 | x |
| 2014-12-31 | R$18.76 | R$2.14 | x |
| 2015-12-31 | R$19.27 | R$2.14 | x |
| 2016-12-31 | R$17.41 | R$2.14 | x |
| 2017-12-31 | R$15.20 | R$2.14 | x |
| 2018-12-31 | R$14.58 | R$2.14 | x |
| 2019-12-31 | R$14.61 | R$2.14 | x |
| 2020-12-31 | R$14.64 | R$2.14 | x |
| 2021-12-31 | R$14.79 | R$2.14 | x |
| 2022-12-31 | R$15.16 | R$2.14 | x |
| 2023-12-31 | R$10.55 | R$2.14 | x |
| 2024-12-31 | R$6.36 | R$2.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RNI Negócios 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): -52.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.21%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 6.01x
- Recent ROE (-52.85%) is below the historical average (-0.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 15.42% | 7.15% | 0.54x | 4.01x | R$1.65 Million |
| 2004 | 0.13% | 0.06% | 0.55x | 3.91x | R$-3.01 Million |
| 2005 | 7.57% | 5.79% | 0.32x | 4.14x | R$-789.53K |
| 2006 | 3.70% | 5.03% | 0.26x | 2.84x | R$-4.03 Million |
| 2007 | 5.85% | 24.80% | 0.17x | 1.41x | R$-22.53 Million |
| 2008 | 13.79% | 20.51% | 0.39x | 1.73x | R$22.75 Million |
| 2009 | 4.46% | 5.95% | 0.32x | 2.35x | R$-34.51 Million |
| 2010 | 10.58% | 10.16% | 0.32x | 3.21x | R$3.90 Million |
| 2011 | 8.12% | 7.75% | 0.37x | 2.85x | R$-13.40 Million |
| 2012 | 10.86% | 10.56% | 0.40x | 2.59x | R$6.70 Million |
| 2013 | 12.00% | 13.34% | 0.35x | 2.58x | R$16.79 Million |
| 2014 | 8.24% | 9.57% | 0.36x | 2.38x | R$-14.65 Million |
| 2015 | 0.82% | 1.21% | 0.33x | 2.08x | R$-75.10 Million |
| 2016 | -10.31% | -19.62% | 0.24x | 2.15x | R$-149.17 Million |
| 2017 | -14.53% | -32.17% | 0.25x | 1.81x | R$-157.33 Million |
| 2018 | -4.24% | -14.29% | 0.15x | 1.94x | R$-87.62 Million |
| 2019 | 0.26% | 0.50% | 0.22x | 2.35x | R$-60.05 Million |
| 2020 | 0.24% | 0.47% | 0.20x | 2.56x | R$-60.29 Million |
| 2021 | 1.36% | 1.79% | 0.24x | 3.10x | R$-53.95 Million |
| 2022 | 3.34% | 3.20% | 0.30x | 3.46x | R$-42.65 Million |
| 2023 | -43.52% | -48.34% | 0.21x | 4.32x | R$-238.27 Million |
| 2024 | -52.85% | -26.21% | 0.34x | 6.01x | R$-168.71 Million |
Industry Comparison
This section compares RNI Negócios Imobiliários S.A's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,550,922,333
- Average return on equity (ROE) among peers: 21.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RNI Negócios Imobiliários S.A (RDNI3) | R$191.05 Million | 15.42% | 5.17x | $17.72 Million |
| Cury Construtora e Incorporadora S.A (CURY3) | $539.15 Million | 24.95% | 0.79x | $1.82 Billion |
| Direcional Engenharia S.A. (DIRR3) | $676.86 Million | 11.69% | 0.61x | $1.31 Billion |
| Even Construtora e Incorporadora S.A (EVEN3) | $8.87 Million | 14.02% | 2.69x | $239.62 Million |
| EZTEC Empreendimentos e Participações S.A (EZTC3) | $2.42 Billion | 19.63% | 0.41x | $759.20 Million |
| JHSF Participações S.A. (JHSF3) | $2.66 Billion | 4.07% | 1.46x | $1.65 Billion |
| MRV Engenharia e Participações S.A (MRVE3) | $6.57 Billion | -2.69% | 2.44x | $764.22 Million |
| PDG Realty S.A. Empreendimentos e Participações (PDGR3) | $261.42 Million | 8.01% | 0.99x | $1.03 Million |
| Plano & Plano Desenvolvimento Imobiliário S.A (PLPL3) | $36.49 Million | 106.52% | 7.50x | $405.71 Million |
| Tecnisa S.A (TCSA3) | $779.46 Million | 4.17% | 0.44x | $18.20 Million |
About RNI Negócios Imobiliários S.A
RNI Negócios Imobiliários S.A. develops properties in Brazil. The company develops a portfolio of mid-range properties and properties included in the Minha Casa Minha Vida program. It also provides quality, leisure, and security solutions, as well as urban planning services. The company was incorporated in 1991 and is based in São José do Rio Preto, Brazil.