Arena Star Group Ltd (ARNA) - Net Assets
Based on the latest financial reports, Arena Star Group Ltd (ARNA) has net assets worth ILA450.83 Million ILA (≈ $1.21 Million USD) as of December 2021. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.25 Billion ≈ $3.34 Million USD) and total liabilities (ILA795.14 Million ≈ $2.13 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. Also explore Arena Star Group Ltd (ARNA) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA450.83 Million |
| % of Total Assets | 36.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | 29.3% |
| Growth Volatility | 1299.44 |
Arena Star Group Ltd - Net Assets Trend (2003–2021)
This chart illustrates how Arena Star Group Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Arena Star Group Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Arena Star Group Ltd (2003–2021)
The table below shows the annual net assets of Arena Star Group Ltd from 2003 to 2021. For live valuation and market cap data, see market value of Arena Star Group Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | ILA450.83 Million ≈ $1.21 Million |
+506.78% |
| 2020-12-31 | ILA74.30 Million ≈ $199.19K |
+79.47% |
| 2019-12-31 | ILA41.40 Million ≈ $110.99K |
+291.82% |
| 2018-12-31 | ILA-21.58 Million ≈ $-57.86K |
-4018.70% |
| 2017-12-31 | ILA-524.00K ≈ $-1.40K |
+98.79% |
| 2016-12-31 | ILA-43.37 Million ≈ $-116.27K |
-240.23% |
| 2015-12-31 | ILA30.93 Million ≈ $82.91K |
-88.54% |
| 2014-12-31 | ILA269.80 Million ≈ $723.32K |
-1.12% |
| 2013-12-31 | ILA272.87 Million ≈ $731.55K |
-21.74% |
| 2012-12-31 | ILA348.68 Million ≈ $934.79K |
-22.93% |
| 2011-12-31 | ILA452.43 Million ≈ $1.21 Million |
-35.68% |
| 2010-12-31 | ILA703.43 Million ≈ $1.89 Million |
+8.62% |
| 2009-12-31 | ILA647.62 Million ≈ $1.74 Million |
+229.62% |
| 2008-12-31 | ILA196.47 Million ≈ $526.74K |
-22.46% |
| 2007-12-31 | ILA253.39 Million ≈ $679.33K |
+4864.54% |
| 2006-12-31 | ILA5.10 Million ≈ $13.68K |
-33.67% |
| 2005-12-31 | ILA7.70 Million ≈ $20.63K |
+159.56% |
| 2004-12-31 | ILA-12.92 Million ≈ $-34.64K |
+10.89% |
| 2003-12-31 | ILA-14.50 Million ≈ $-38.87K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Arena Star Group Ltd'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 72340200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ILA1.20 Billion | 252.20% |
| Total Equity | ILA475.30 Million | 100.00% |
Arena Star Group Ltd Competitors by Market Cap
The table below lists competitors of Arena Star Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SASA Polyester Sanayi AS
IS:SASA
|
$2.36 Billion |
|
China Huarong Asset Management Co. Ltd
F:CHE
|
$2.36 Billion |
|
Philip Morris CR A.S.
PR:TABAK
|
$2.36 Billion |
|
Tiger Brands Ltd
JSE:TBS
|
$2.36 Billion |
|
Terna Energy Societe Anonyme Commercial Technical Company
AT:TENERGY
|
$2.35 Billion |
|
Pt Pradiksi Gunatama Tbk
JK:PGUN
|
$2.35 Billion |
|
Hawaiian Electric Industries Inc
NYSE:HE
|
$2.35 Billion |
|
Craftsman Automation Limited
NSE:CRAFTSMAN
|
$2.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arena Star Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 100,469,000 to 475,302,000, a change of 374,833,000 (373.1%).
- Net income of 197,985,000 contributed positively to equity growth.
- Other factors increased equity by 176,848,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA197.99 Million | +41.65% |
| Other Changes | ILA176.85 Million | +37.21% |
| Total Change | ILA- | 373.08% |
Book Value vs Market Value Analysis
This analysis compares Arena Star Group Ltd'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: 278.58x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 29947.18x to 278.58x 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 | ILA0.02 | ILA618.00 | x |
| 2018-12-31 | ILA0.01 | ILA618.00 | x |
| 2019-12-31 | ILA0.05 | ILA618.00 | x |
| 2020-12-31 | ILA0.07 | ILA618.00 | x |
| 2021-12-31 | ILA2.22 | ILA618.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arena Star Group Ltd 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): 41.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 298.94%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.62x
- Recent ROE (41.65%) is above the historical average (-69.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.39% | 2.26% | 0.06x | 2.69x | ILA-66.59 Million |
| 2013 | -29.96% | -299.75% | 0.02x | 5.17x | ILA-110.56 Million |
| 2014 | -42.80% | -195.37% | 0.04x | 5.55x | ILA-143.49 Million |
| 2015 | -417.92% | -217.66% | 0.08x | 24.29x | ILA-226.26 Million |
| 2016 | 0.00% | -62.55% | 0.12x | 0.00x | ILA-70.91 Million |
| 2017 | 118.04% | 39.31% | 0.11x | 28.14x | ILA31.68 Million |
| 2018 | -444.97% | -35.29% | 0.11x | 113.81x | ILA-34.25 Million |
| 2019 | 72.12% | 50.97% | 0.11x | 12.79x | ILA41.95 Million |
| 2020 | 13.24% | 22.02% | 0.07x | 8.38x | ILA3.25 Million |
| 2021 | 41.65% | 298.94% | 0.05x | 2.62x | ILA150.45 Million |
Industry Comparison
This section compares Arena Star Group Ltd's net assets metrics with peer companies in the Real Estate Operations industry.
Industry Context
- Industry: Real Estate Operations
- Average net assets among peers: $3,837,785,000
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arena Star Group Ltd (ARNA) | ILA450.83 Million | 0.39% | 1.76x | $2.35 Billion |
| Aviv Arlon Ltd (AVLN) | $107.32 Million | 21.40% | 1.25x | $76.01 Million |
| Bayside Land Corporation Ltd (BYSD) | $2.42 Billion | 11.41% | 1.64x | $2.10 Billion |
| Gazit Globe Ltd (GZT) | $16.33 Billion | 4.01% | 1.61x | $511.97 Million |
| Kardan NV (KRNV) | $97.76 Million | 5.21% | 9.37x | $26.73 |
| Shemen Industries Ltd (SMNIN) | $233.74 Million | 31.14% | 0.85x | $96.01 Million |
About Arena Star Group Ltd
Arena Star Group Ltd. engages in the real estate activities in Israel and Kazakhstan. The company is involved in the initiating, establishing, purchasing, renting, managing, and maintaining malls and commercial centers; provision of management services to the tenants of the commercial units in the shopping centers and malls; and holding of other real estate assets. The company was formerly known … Read more