Hilan Ltd
Hilan Ltd., a software as a service (SaaS) provider, develops solutions for management of enterprise human capital in Israel. It provides solutions for payroll, HR, time and attendance, pension, analytics, professional service bureau services, and BPO; products and services for enterprise resource planning (ERP) business systems; and managing the employee lifecycle from recruitment to retirement.… Read more
Hilan Ltd (HLAN) - Net Assets
Latest net assets as of September 2025: ILA1.23 Billion ILA
Based on the latest financial reports, Hilan Ltd (HLAN) has net assets worth ILA1.23 Billion ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA2.71 Billion) and total liabilities (ILA1.48 Billion). 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 | ILA1.23 Billion |
| % of Total Assets | 45.46% |
| Annual Growth Rate | 17.38% |
| 5-Year Change | 125.04% |
| 10-Year Change | 469.74% |
| Growth Volatility | 7.59 |
Hilan Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Hilan Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hilan Ltd (2005–2024)
The table below shows the annual net assets of Hilan Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.16 Billion | +14.22% |
| 2023-12-31 | ILA1.01 Billion | +19.52% |
| 2022-12-31 | ILA846.11 Million | +39.80% |
| 2021-12-31 | ILA605.21 Million | +17.92% |
| 2020-12-31 | ILA513.25 Million | +17.80% |
| 2019-12-31 | ILA435.69 Million | +30.42% |
| 2018-12-31 | ILA334.05 Million | +12.46% |
| 2017-12-31 | ILA297.05 Million | +20.01% |
| 2016-12-31 | ILA247.51 Million | +22.09% |
| 2015-12-31 | ILA202.73 Million | +18.63% |
| 2014-12-31 | ILA170.89 Million | +22.19% |
| 2013-12-31 | ILA139.86 Million | +10.62% |
| 2012-12-31 | ILA126.43 Million | +9.77% |
| 2011-12-31 | ILA115.18 Million | +18.68% |
| 2010-12-31 | ILA97.05 Million | +13.74% |
| 2009-12-31 | ILA85.33 Million | +19.32% |
| 2008-12-31 | ILA71.51 Million | +10.02% |
| 2007-12-31 | ILA65.00 Million | +9.90% |
| 2006-12-31 | ILA59.14 Million | +7.55% |
| 2005-12-31 | ILA54.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hilan 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 grown by 100110900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.00 Billion | 87.85% |
| Common Stock | ILA28.85 Million | 2.53% |
| Other Comprehensive Income | ILA-103.12 Million | -9.05% |
| Other Components | ILA212.78 Million | 18.67% |
| Total Equity | ILA1.14 Billion | 100.00% |
Hilan Ltd Competitors by Market Cap
The table below lists competitors of Hilan Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Whetron Electronics Co.,Ltd.
TWO:6722
|
$13.62 Million |
|
MegaMD Co. Ltd
KQ:133750
|
$13.62 Million |
|
Azorim Investment Development and Construction Co Ltd
TA:AZRM
|
$13.62 Million |
|
Hardwyn India Limited
NSE:HARDWYN
|
$13.63 Million |
|
MGB Bhd
KLSE:7595
|
$13.62 Million |
|
Neuroscientific Biopharmaceuticals Ltd
AU:NSB
|
$13.62 Million |
|
Omiris AG
F:HBD1
|
$13.61 Million |
|
The Ruby Mills Limited
NSE:RUBYMILLS
|
$13.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hilan Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 995,637,000 to 1,139,616,000, a change of 143,979,000 (14.5%).
- Net income of 246,520,000 contributed positively to equity growth.
- Dividend payments of 68,796,000 reduced retained earnings.
- Other comprehensive income decreased equity by 39,467,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA246.52 Million | +21.63% |
| Dividends Paid | ILA68.80 Million | -6.04% |
| Other Comprehensive Income | ILA-39.47 Million | -3.46% |
| Other Changes | ILA5.72 Million | +0.5% |
| Total Change | ILA- | 14.46% |
Book Value vs Market Value Analysis
This analysis compares Hilan 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: 443.43x
- 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 8869.05x to 443.43x 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 | ILA2.46 | ILA21830.00 | x |
| 2006-12-31 | ILA2.57 | ILA21830.00 | x |
| 2007-12-31 | ILA2.81 | ILA21830.00 | x |
| 2008-12-31 | ILA3.10 | ILA21830.00 | x |
| 2011-12-31 | ILA5.11 | ILA21830.00 | x |
| 2012-12-31 | ILA5.62 | ILA21830.00 | x |
| 2013-12-31 | ILA6.20 | ILA21830.00 | x |
| 2014-12-31 | ILA7.51 | ILA21830.00 | x |
| 2015-12-31 | ILA8.86 | ILA21830.00 | x |
| 2016-12-31 | ILA10.63 | ILA21830.00 | x |
| 2017-12-31 | ILA12.73 | ILA21830.00 | x |
| 2018-12-31 | ILA14.40 | ILA21830.00 | x |
| 2019-12-31 | ILA18.83 | ILA21830.00 | x |
| 2020-12-31 | ILA22.33 | ILA21830.00 | x |
| 2021-12-31 | ILA26.39 | ILA21830.00 | x |
| 2022-12-31 | ILA36.90 | ILA21830.00 | x |
| 2023-12-31 | ILA43.41 | ILA21830.00 | x |
| 2024-12-31 | ILA49.23 | ILA21830.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hilan 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): 21.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.68%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.73x
- Recent ROE (21.63%) is below the historical average (31.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 20.16% | 9.17% | 0.84x | 2.61x | ILA5.59 Million |
| 2006 | 34.99% | 16.35% | 0.96x | 2.23x | ILA14.78 Million |
| 2007 | 34.68% | 16.65% | 0.60x | 3.50x | ILA16.04 Million |
| 2008 | 32.86% | 10.64% | 0.85x | 3.63x | ILA16.35 Million |
| 2009 | 44.25% | 16.75% | 0.85x | 3.12x | ILA29.21 Million |
| 2010 | 41.59% | 15.53% | 0.90x | 2.98x | ILA30.62 Million |
| 2011 | 43.74% | 13.94% | 1.21x | 2.60x | ILA38.85 Million |
| 2012 | 35.55% | 11.49% | 1.28x | 2.42x | ILA32.25 Million |
| 2013 | 34.30% | 11.37% | 1.39x | 2.17x | ILA33.85 Million |
| 2014 | 31.41% | 10.20% | 0.73x | 4.20x | ILA36.18 Million |
| 2015 | 33.53% | 5.72% | 1.55x | 3.79x | ILA46.89 Million |
| 2016 | 33.06% | 6.39% | 1.52x | 3.40x | ILA55.14 Million |
| 2017 | 32.56% | 6.93% | 1.46x | 3.22x | ILA64.54 Million |
| 2018 | 31.80% | 6.98% | 1.48x | 3.07x | ILA70.56 Million |
| 2019 | 28.29% | 7.61% | 1.31x | 2.83x | ILA77.45 Million |
| 2020 | 25.93% | 8.01% | 1.14x | 2.83x | ILA80.13 Million |
| 2021 | 25.38% | 8.83% | 1.16x | 2.48x | ILA91.62 Million |
| 2022 | 20.82% | 7.77% | 1.10x | 2.44x | ILA90.19 Million |
| 2023 | 21.71% | 8.35% | 1.10x | 2.36x | ILA116.60 Million |
| 2024 | 21.63% | 8.68% | 0.91x | 2.73x | ILA132.56 Million |
Industry Comparison
This section compares Hilan Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $165,246,889
- Average return on equity (ROE) among peers: 6.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hilan Ltd (HLAN) | ILA1.23 Billion | 20.16% | 1.20x | $13.62 Million |
| Computer Direct (CMDR) | $83.05 Million | 0.00% | 3.38x | $2.76 Million |
| E & M Computing Ltd (EMCO) | $251.56 Million | 16.82% | 1.39x | $1.06 Million |
| Formula (FORTY) | $236.60 Million | 11.24% | 0.46x | $15.95 Million |
| Malam Team (MLTM) | $445.05 Million | 18.16% | 1.56x | $6.23 Million |
| Menara Ventures Xl - Limited Partnership (MNRA) | $32.32 Million | 0.13% | 0.07x | $246.82K |
| Matrix (MTRX) | $412.96 Million | 18.09% | 1.01x | $17.26 Million |
| Speedvalue Ltd (SPDV) | $10.41 Million | -21.27% | 3.17x | $131.44K |
| Tondo Smart Ltd (TNDO) | $-2.19 Million | 0.00% | 0.00x | $219.40K |
| Top Systems-L (TOPS) | $17.46 Million | 13.27% | 1.29x | $753.78K |