Golan Plastic (GLPL) - Net Assets

Latest as of March 2024: ILA310.65 Million ILA ≈ $832.84K USD

Based on the latest financial reports, Golan Plastic (GLPL) has net assets worth ILA310.65 Million ILA (≈ $832.84K USD) as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA506.51 Million ≈ $1.36 Million USD) and total liabilities (ILA195.87 Million ≈ $525.11K 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 GLPL asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ILA310.65 Million
% of Total Assets	61.33%
Annual Growth Rate	14.56%
5-Year Change	44.64%
10-Year Change	79.87%
Growth Volatility	40.01

Golan Plastic - Net Assets Trend (2004–2023)

This chart illustrates how Golan Plastic's net assets have evolved over time, based on quarterly financial data. Also explore GLPL total assets for the complete picture of this company's asset base.

Annual Net Assets for Golan Plastic (2004–2023)

The table below shows the annual net assets of Golan Plastic from 2004 to 2023. For live valuation and market cap data, see market cap of Golan Plastic.

Year	Net Assets	Change
2023-12-31	ILA305.90 Million ≈ $820.11K	+4.43%
2022-12-31	ILA292.94 Million ≈ $785.36K	+19.17%
2021-12-31	ILA245.82 Million ≈ $659.04K	+6.17%
2020-12-31	ILA231.53 Million ≈ $620.73K	+9.48%
2019-12-31	ILA211.49 Million ≈ $566.99K	+4.18%
2018-12-31	ILA203.00 Million ≈ $544.24K	+3.96%
2017-12-31	ILA195.27 Million ≈ $523.51K	+8.25%
2016-12-31	ILA180.39 Million ≈ $483.61K	+4.98%
2015-12-31	ILA171.83 Million ≈ $460.67K	+1.04%
2014-12-31	ILA170.07 Million ≈ $455.94K	+1.63%
2013-12-31	ILA167.34 Million ≈ $448.63K	+2.66%
2012-12-31	ILA163.01 Million ≈ $437.02K	+5.74%
2011-12-31	ILA154.16 Million ≈ $413.30K	+6.06%
2010-12-31	ILA145.35 Million ≈ $389.67K	+7.38%
2009-12-31	ILA135.36 Million ≈ $362.90K	+8.22%
2008-12-31	ILA125.08 Million ≈ $335.33K	+19.56%
2006-12-31	ILA104.61 Million ≈ $280.46K	+65.05%
2005-12-31	ILA63.38 Million ≈ $169.92K	+173.89%
2004-12-31	ILA23.14 Million ≈ $62.04K	--

Equity Component Analysis

This analysis shows how different components contribute to Golan Plastic'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 18450700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Retained Earnings	ILA184.51 Million	63.14%
Common Stock	ILA34.23 Million	11.71%
Other Comprehensive Income	ILA-4.89 Million	-1.67%
Other Components	ILA78.40 Million	26.83%
Total Equity	ILA292.24 Million	100.00%

Golan Plastic Competitors by Market Cap

The table below lists competitors of Golan Plastic ranked by their market capitalization.

Company	Market Cap
ZUE SA WAR:ZUE	$78.94 Million
Interlink Communication Public Company Limited BK:ILINK	$78.96 Million
Estika Tata Tiara Tbk PT JK:BEEF	$78.99 Million
Gopeng Bhd KLSE:2135	$79.02 Million
Nanoform Finland Plc HE:NANOFH	$78.90 Million
Hyundai E P KO:089470	$78.90 Million
Bumech S.A. WAR:BMC	$78.85 Million
Flexible Solutions International Inc NYSE MKT:FSI	$78.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Golan Plastic's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 287,603,000 to 292,241,000, a change of 4,638,000 (1.6%).
Net income of 38,436,000 contributed positively to equity growth.
Dividend payments of 36,000,000 reduced retained earnings.
Other comprehensive income increased equity by 2,465,000.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	ILA38.44 Million	+13.15%
Dividends Paid	ILA36.00 Million	-12.32%
Other Comprehensive Income	ILA2.46 Million	+0.84%
Other Changes	ILA-263.00K	-0.09%
Total Change	ILA-	1.61%

Book Value vs Market Value Analysis

This analysis compares Golan Plastic'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: 100.74x
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 140.38x to 100.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2019-12-31	ILA6.13	ILA860.00	x
2020-12-31	ILA6.50	ILA860.00	x
2021-12-31	ILA7.00	ILA860.00	x
2022-12-31	ILA8.34	ILA860.00	x
2023-12-31	ILA8.54	ILA860.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Golan Plastic 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): 13.15%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.93%
• Asset Turnover: 0.86x
• Equity Multiplier: 1.72x
Recent ROE (13.15%) is above the historical average (11.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	14.34%	9.40%	0.92x	1.66x	ILA6.31 Million
2011	14.28%	8.12%	1.04x	1.69x	ILA6.60 Million
2012	11.93%	6.73%	1.02x	1.74x	ILA3.14 Million
2013	5.66%	3.50%	0.95x	1.71x	ILA-7.26 Million
2014	6.21%	3.92%	0.89x	1.77x	ILA-6.45 Million
2015	9.23%	5.79%	0.98x	1.63x	ILA-1.32 Million
2016	10.92%	7.06%	0.95x	1.63x	ILA1.65 Million
2017	14.87%	9.18%	1.00x	1.62x	ILA9.48 Million
2018	9.70%	6.07%	1.01x	1.58x	ILA-615.20K
2019	11.24%	7.13%	0.82x	1.92x	ILA2.61 Million
2020	13.22%	9.02%	0.74x	1.98x	ILA7.25 Million
2021	16.72%	10.79%	0.84x	1.84x	ILA16.24 Million
2022	14.62%	10.14%	0.84x	1.73x	ILA13.29 Million
2023	13.15%	8.93%	0.86x	1.72x	ILA9.21 Million

Industry Comparison

This section compares Golan Plastic's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $356,956,800
Average return on equity (ROE) among peers: 9.67%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Golan Plastic (GLPL)	ILA310.65 Million	14.34%	0.63x	$78.93 Million
Birman Wood and Hardware Ltd (BIRM)	$93.67 Million	16.86%	2.32x	$26.84 Million
Rav Bariach 08 Industries Ltd (BRIH)	$234.45 Million	0.51%	2.88x	$117.61 Million
Hamat Group Ltd (HAMAT)	$155.44 Million	19.30%	0.79x	$153.45 Million
Palram (PLRM)	$378.70 Million	0.00%	1.05x	$331.05 Million
Plasson Indus (PLSN)	$922.53 Million	11.69%	1.15x	$410.08 Million

About Golan Plastic

TA:GLPL Israel Building Products & Equipment

Market Cap

$78.93 Million

ILA29.44 Billion ILA

Market Cap Rank

#20241 Global

#273 in Israel

Share Price

ILA860.00

Change (1 day)

+4.88%

52-Week Range

ILA801.10 - ILA1346.00

All Time High

ILA1448.00