Hasen-Immobilien AG
Hasen-Immobilien AG, an investment holding company, engages in the real estate business. It invests in, rents, manages, and sells residential and commercial properties. The company was incorporated in 1890 and is based in Augsburg, Germany.
Hasen-Immobilien AG (ABHA) - Net Assets
Latest net assets as of June 2025: €139.38 Million EUR
Based on the latest financial reports, Hasen-Immobilien AG (ABHA) has net assets worth €139.38 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€222.60 Million) and total liabilities (€83.22 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 | €139.38 Million |
| % of Total Assets | 62.61% |
| Annual Growth Rate | 7.33% |
| 5-Year Change | 6.42% |
| 10-Year Change | 59.64% |
| Growth Volatility | 8.47 |
Hasen-Immobilien AG - Net Assets Trend (2013–2024)
This chart illustrates how Hasen-Immobilien AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hasen-Immobilien AG (2013–2024)
The table below shows the annual net assets of Hasen-Immobilien AG from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €136.91 Million | +3.19% |
| 2023-12-31 | €132.68 Million | -6.78% |
| 2022-12-31 | €142.33 Million | -1.85% |
| 2021-12-31 | €145.01 Million | +12.71% |
| 2020-12-31 | €128.65 Million | +3.91% |
| 2019-12-31 | €123.82 Million | +8.24% |
| 2018-12-31 | €114.39 Million | +8.41% |
| 2017-12-31 | €105.52 Million | +7.53% |
| 2016-12-31 | €98.13 Million | +14.42% |
| 2015-12-31 | €85.76 Million | +27.25% |
| 2014-12-31 | €67.40 Million | +7.19% |
| 2013-12-31 | €62.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hasen-Immobilien AG'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 157.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €129.71 Million | 94.74% |
| Other Components | €7.20 Million | 5.26% |
| Total Equity | €136.91 Million | 100.00% |
Hasen-Immobilien AG Competitors by Market Cap
The table below lists competitors of Hasen-Immobilien AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viet Thang Corp
VN:TVT
|
$6.07 Million |
|
POSaBIT Systems Corp
OTCQB:POSAF
|
$6.07 Million |
|
SANCY BERHAD
KLSE:03057
|
$6.08 Million |
|
Resverlogix Corp.
PINK:RVXCF
|
$6.08 Million |
|
PT Verona Indah Pictures Tbk
JK:VERN
|
$6.07 Million |
|
Adelong Gold Ltd
AU:ADG
|
$6.07 Million |
|
Korea No.12 Special Purpose Acquisition Co., Ltd.
KQ:458610
|
$6.07 Million |
|
Frequency Exchange Corp.
V:FREQ
|
$6.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hasen-Immobilien AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 132,683,936 to 136,911,966, a change of 4,228,030 (3.2%).
- Net income of 4,708,030 contributed positively to equity growth.
- Dividend payments of 480,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.71 Million | +3.44% |
| Dividends Paid | €480.00K | -0.35% |
| Other Changes | €-0.00 | -0.0% |
| Total Change | €- | 3.19% |
Book Value vs Market Value Analysis
This analysis compares Hasen-Immobilien AG'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: 0.56x
- 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 0.73x to 0.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €219.83 | €160.00 | x |
| 2018-12-31 | €238.32 | €160.00 | x |
| 2019-12-31 | €257.95 | €160.00 | x |
| 2020-12-31 | €268.03 | €160.00 | x |
| 2021-12-31 | €302.10 | €160.00 | x |
| 2022-12-31 | €296.52 | €160.00 | x |
| 2023-12-31 | €276.42 | €160.00 | x |
| 2024-12-31 | €285.23 | €160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hasen-Immobilien AG 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): 3.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.85%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.62x
- Recent ROE (3.44%) is below the historical average (9.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 29.30% | 12.72% | 0.48x | 4.82x | €11.13 Million |
| 2014 | 10.42% | 8.98% | 0.23x | 4.97x | €268.28K |
| 2015 | 26.63% | 616.73% | 0.03x | 1.42x | €14.27 Million |
| 2016 | 13.58% | 376.60% | 0.03x | 1.36x | €3.51 Million |
| 2017 | 7.46% | 209.59% | 0.02x | 2.06x | €-2.68 Million |
| 2018 | 8.18% | 115.83% | 0.04x | 1.86x | €-2.09 Million |
| 2019 | 8.39% | 107.04% | 0.04x | 1.83x | €-2.00 Million |
| 2020 | 4.13% | 56.52% | 0.04x | 1.71x | €-7.55 Million |
| 2021 | 11.61% | 172.95% | 0.04x | 1.64x | €2.34 Million |
| 2022 | -1.54% | -21.31% | 0.04x | 1.64x | €-16.43 Million |
| 2023 | -6.54% | -78.56% | 0.05x | 1.67x | €-21.95 Million |
| 2024 | 3.44% | 42.85% | 0.05x | 1.62x | €-8.98 Million |
Industry Comparison
This section compares Hasen-Immobilien AG's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,301,130,404
- Average return on equity (ROE) among peers: 0.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hasen-Immobilien AG (ABHA) | €139.38 Million | 29.30% | 0.60x | $6.07 Million |
| Intea Fastigheter AB (publ) (1DZ0) | $8.99 Billion | 10.06% | 1.40x | $1.74 Billion |
| The RMR Group Inc (26R) | $289.66 Million | 14.60% | 0.32x | $202.36 Million |
| Latvian Forest Company AB (publ) (2FD) | $33.43 Million | 0.82% | 0.28x | $19.45 Million |
| PHN (2PN) | $2.05 Billion | 2.33% | 0.36x | $30.54 Million |
| AMASTEN (4M2B) | $17.10 Million | -53.22% | 0.33x | $207.35 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $138.51 Million | 3.84% | 0.68x | $135.94 Million |
| Accentro Real Estate AG (A4Y) | $153.70 Million | 13.11% | 1.26x | $104.15 |
| AGROB Immobilien AG (AGR3) | $32.34 Million | 0.04% | 3.66x | $55.86 Million |
| The Grounds Real Estate Development AG (AMM) | $7.44 Million | 15.96% | 2.76x | $6.03 Million |