Hilan Ltd (HLAN) - Net Assets
Based on the latest financial reports, Hilan Ltd (HLAN) has net assets worth ILA1.23 Billion ILA (≈ $3.30 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 (ILA2.71 Billion ≈ $7.26 Million USD) and total liabilities (ILA1.48 Billion ≈ $3.96 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 Hilan Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see Hilan Ltd (HLAN) market capitalisation.
Annual Net Assets for Hilan Ltd (2005–2024)
The table below shows the annual net assets of Hilan Ltd from 2005 to 2024. Also explore HLAN year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.16 Billion ≈ $3.10 Million |
+14.22% |
| 2023-12-31 | ILA1.01 Billion ≈ $2.71 Million |
+19.52% |
| 2022-12-31 | ILA846.11 Million ≈ $2.27 Million |
+39.80% |
| 2021-12-31 | ILA605.21 Million ≈ $1.62 Million |
+17.92% |
| 2020-12-31 | ILA513.25 Million ≈ $1.38 Million |
+17.80% |
| 2019-12-31 | ILA435.69 Million ≈ $1.17 Million |
+30.42% |
| 2018-12-31 | ILA334.05 Million ≈ $895.59K |
+12.46% |
| 2017-12-31 | ILA297.05 Million ≈ $796.38K |
+20.01% |
| 2016-12-31 | ILA247.51 Million ≈ $663.57K |
+22.09% |
| 2015-12-31 | ILA202.73 Million ≈ $543.51K |
+18.63% |
| 2014-12-31 | ILA170.89 Million ≈ $458.16K |
+22.19% |
| 2013-12-31 | ILA139.86 Million ≈ $374.97K |
+10.62% |
| 2012-12-31 | ILA126.43 Million ≈ $338.96K |
+9.77% |
| 2011-12-31 | ILA115.18 Million ≈ $308.79K |
+18.68% |
| 2010-12-31 | ILA97.05 Million ≈ $260.20K |
+13.74% |
| 2009-12-31 | ILA85.33 Million ≈ $228.76K |
+19.32% |
| 2008-12-31 | ILA71.51 Million ≈ $191.71K |
+10.02% |
| 2007-12-31 | ILA65.00 Million ≈ $174.25K |
+9.90% |
| 2006-12-31 | ILA59.14 Million ≈ $158.55K |
+7.55% |
| 2005-12-31 | ILA54.99 Million ≈ $147.42K |
-- |
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 |
|---|---|
|
Triumph Financial, Inc.
NYSE:TFIN
|
$1.50 Billion |
|
Shanxi Lanhua Sci-Tech Venture Co Ltd
SHG:600123
|
$1.50 Billion |
|
Ambea AB
ST:AMBEA
|
$1.50 Billion |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
$1.50 Billion |
|
Tong Yang Industry Co Ltd
TW:1319
|
$1.50 Billion |
|
Sanquan Food Co Ltd
SHE:002216
|
$1.50 Billion |
|
YGSOFT Inc
SHE:002063
|
$1.50 Billion |
|
Proeduca Altus S.A.
MC:PRO
|
$1.50 Billion |
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: 495.03x
- 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 9900.99x to 495.03x 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 | ILA24370.00 | x |
| 2006-12-31 | ILA2.57 | ILA24370.00 | x |
| 2007-12-31 | ILA2.81 | ILA24370.00 | x |
| 2008-12-31 | ILA3.10 | ILA24370.00 | x |
| 2011-12-31 | ILA5.11 | ILA24370.00 | x |
| 2012-12-31 | ILA5.62 | ILA24370.00 | x |
| 2013-12-31 | ILA6.20 | ILA24370.00 | x |
| 2014-12-31 | ILA7.51 | ILA24370.00 | x |
| 2015-12-31 | ILA8.86 | ILA24370.00 | x |
| 2016-12-31 | ILA10.63 | ILA24370.00 | x |
| 2017-12-31 | ILA12.73 | ILA24370.00 | x |
| 2018-12-31 | ILA14.40 | ILA24370.00 | x |
| 2019-12-31 | ILA18.83 | ILA24370.00 | x |
| 2020-12-31 | ILA22.33 | ILA24370.00 | x |
| 2021-12-31 | ILA26.39 | ILA24370.00 | x |
| 2022-12-31 | ILA36.90 | ILA24370.00 | x |
| 2023-12-31 | ILA43.41 | ILA24370.00 | x |
| 2024-12-31 | ILA49.23 | ILA24370.00 | 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: $359,313,907
- Average return on equity (ROE) among peers: 13.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hilan Ltd (HLAN) | ILA1.23 Billion | 20.16% | 1.20x | $1.50 Billion |
| Computer Direct (CMDR) | $39.71 Million | 0.00% | 7.26x | $319.15 Million |
| E & M Computing Ltd (EMCO) | $285.10 Million | 14.63% | 1.41x | $70.10 Million |
| Formula (FORTY) | $1.78 Billion | 36.94% | 1.02x | $1.43 Billion |
| Magic Software Enterprises Ltd (MGIC) | $9.30 Million | 10.75% | 0.13x | $736.62 Million |
| Malam Team (MLTM) | $248.83 Million | 6.95% | 2.53x | $474.06 Million |
| Matrix (MTRX) | $824.91 Million | 20.92% | 2.90x | $2.55 Billion |
| Speedvalue Ltd (SPDV) | $32.71 Million | 10.32% | 0.94x | $8.15 Million |
| Tondo Smart Ltd (TNDO) | $-3.31 Million | 0.00% | 0.00x | $24.53 Million |
| Top Systems-L (TOPS) | $19.32 Million | 22.59% | 1.53x | $58.96 Million |
About 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