Hiron-Trade Investments & Industrial Buildings Ltd (HRON) - Net Assets
Based on the latest financial reports, Hiron-Trade Investments & Industrial Buildings Ltd (HRON) has net assets worth ILA1.13 Billion ILA (≈ $3.02 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.43 Billion ≈ $3.83 Million USD) and total liabilities (ILA302.84 Million ≈ $811.90K 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. Read HRON liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA1.13 Billion |
| % of Total Assets | 78.82% |
| Annual Growth Rate | 8.51% |
| 5-Year Change | 35.78% |
| 10-Year Change | 110.24% |
| Growth Volatility | 8.52 |
Hiron-Trade Investments & Industrial Buildings Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Hiron-Trade Investments & Industrial Buildings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore HRON current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Hiron-Trade Investments & Industrial Buildings Ltd (2007–2024)
The table below shows the annual net assets of Hiron-Trade Investments & Industrial Buildings Ltd from 2007 to 2024. For live valuation and market cap data, see market cap of Hiron-Trade Investments & Industrial Bui.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.05 Billion ≈ $2.83 Million |
+7.10% |
| 2023-12-31 | ILA984.41 Million ≈ $2.64 Million |
+0.42% |
| 2022-12-31 | ILA980.27 Million ≈ $2.63 Million |
+10.24% |
| 2021-12-31 | ILA889.26 Million ≈ $2.38 Million |
+14.53% |
| 2020-12-31 | ILA776.44 Million ≈ $2.08 Million |
+7.13% |
| 2019-12-31 | ILA724.74 Million ≈ $1.94 Million |
+10.26% |
| 2018-12-31 | ILA657.33 Million ≈ $1.76 Million |
+10.17% |
| 2017-12-31 | ILA596.64 Million ≈ $1.60 Million |
+4.93% |
| 2016-12-31 | ILA568.61 Million ≈ $1.52 Million |
+13.39% |
| 2015-12-31 | ILA501.44 Million ≈ $1.34 Million |
+6.25% |
| 2014-12-31 | ILA471.97 Million ≈ $1.27 Million |
-12.20% |
| 2013-12-31 | ILA537.54 Million ≈ $1.44 Million |
+30.89% |
| 2012-12-31 | ILA410.68 Million ≈ $1.10 Million |
+7.35% |
| 2011-12-31 | ILA382.56 Million ≈ $1.03 Million |
+3.22% |
| 2010-12-31 | ILA370.62 Million ≈ $993.62K |
+15.52% |
| 2009-12-31 | ILA320.82 Million ≈ $860.10K |
+16.21% |
| 2008-12-31 | ILA276.06 Million ≈ $740.10K |
+4.99% |
| 2007-12-31 | ILA262.93 Million ≈ $704.90K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hiron-Trade Investments & Industrial Buildings 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 378.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.07 Billion | 101.68% |
| Common Stock | ILA493.00K | 0.05% |
| Total Equity | ILA1.05 Billion | 100.00% |
Hiron-Trade Investments & Industrial Buildings Ltd Competitors by Market Cap
The table below lists competitors of Hiron-Trade Investments & Industrial Buildings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deceuninck
BR:DECB
|
$313.07 Million |
|
Transcontinental Realty Investors
NYSE:TCI
|
$313.26 Million |
|
Kosy JSC
VN:KOS
|
$313.37 Million |
|
Yulie Sekurindo Tbk
JK:YULE
|
$313.44 Million |
|
Patagonia Gold Corp
V:PGDC
|
$312.86 Million |
|
Blue Ridge Bankshares Inc
NYSE MKT:BRBS
|
$312.85 Million |
|
Digital Imaging Technology INC
KQ:110990
|
$312.69 Million |
|
Chemung Financial Corp
NASDAQ:CHMG
|
$312.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hiron-Trade Investments & Industrial Buildings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 984,407,000 to 1,054,251,000, a change of 69,844,000 (7.1%).
- Net income of 83,780,000 contributed positively to equity growth.
- Dividend payments of 14,835,000 reduced retained earnings.
- Share repurchases of 840,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA83.78 Million | +7.95% |
| Dividends Paid | ILA14.84 Million | -1.41% |
| Share Repurchases | ILA840.00K | -0.08% |
| Other Changes | ILA1.74 Million | +0.16% |
| Total Change | ILA- | 7.10% |
Book Value vs Market Value Analysis
This analysis compares Hiron-Trade Investments & Industrial Buildings 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: 90.39x
- 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 250.86x to 90.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA1024.47 | ILA257000.00 | x |
| 2013-12-31 | ILA1105.35 | ILA257000.00 | x |
| 2014-12-31 | ILA1177.35 | ILA257000.00 | x |
| 2015-12-31 | ILA1250.88 | ILA257000.00 | x |
| 2016-12-31 | ILA1418.42 | ILA257000.00 | x |
| 2017-12-31 | ILA1494.57 | ILA257000.00 | x |
| 2018-12-31 | ILA1652.98 | ILA257000.00 | x |
| 2019-12-31 | ILA1822.51 | ILA257000.00 | x |
| 2020-12-31 | ILA1952.52 | ILA257000.00 | x |
| 2021-12-31 | ILA2236.22 | ILA257000.00 | x |
| 2022-12-31 | ILA2465.10 | ILA257000.00 | x |
| 2023-12-31 | ILA2652.59 | ILA257000.00 | x |
| 2024-12-31 | ILA2843.30 | ILA257000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hiron-Trade Investments & Industrial Buildings 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): 7.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.64%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.28x
- Recent ROE (7.95%) is below the historical average (9.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 13.44% | 63.55% | 0.14x | 1.48x | ILA12.74 Million |
| 2011 | 5.22% | 21.41% | 0.15x | 1.64x | ILA-18.30 Million |
| 2012 | 8.72% | 33.14% | 0.16x | 1.60x | ILA-5.27 Million |
| 2013 | 8.19% | 27.54% | 0.19x | 1.54x | ILA-8.04 Million |
| 2014 | 6.97% | 24.39% | 0.18x | 1.55x | ILA-14.29 Million |
| 2015 | 6.70% | 23.04% | 0.19x | 1.51x | ILA-16.56 Million |
| 2016 | 12.48% | 47.66% | 0.19x | 1.40x | ILA14.11 Million |
| 2017 | 6.93% | 29.41% | 0.17x | 1.35x | ILA-18.33 Million |
| 2018 | 12.24% | 44.96% | 0.20x | 1.34x | ILA14.69 Million |
| 2019 | 9.76% | 40.12% | 0.17x | 1.47x | ILA-1.73 Million |
| 2020 | 7.63% | 39.41% | 0.14x | 1.39x | ILA-18.36 Million |
| 2021 | 14.34% | 52.02% | 0.21x | 1.34x | ILA38.62 Million |
| 2022 | 11.02% | 49.44% | 0.17x | 1.29x | ILA10.01 Million |
| 2023 | 6.91% | 57.12% | 0.09x | 1.30x | ILA-30.45 Million |
| 2024 | 7.95% | 49.64% | 0.13x | 1.28x | ILA-21.65 Million |
Industry Comparison
This section compares Hiron-Trade Investments & Industrial Buildings Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,537,466,333
- Average return on equity (ROE) among peers: 10.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hiron-Trade Investments & Industrial Buildings Ltd (HRON) | ILA1.13 Billion | 13.44% | 0.27x | $312.93 Million |
| Kvutzat Acro Ltd. (ACRO) | $1.27 Billion | 4.22% | 2.11x | $798.22 Million |
| Africa Israel Residences Ltd (AFRE) | $693.46 Million | 6.30% | 2.76x | $801.25 Million |
| Ashtrom Group Ltd (ASHG) | $4.18 Billion | 29.43% | 2.85x | $2.18 Billion |
| Aura Investments Ltd (AURA) | $9.33 Million | 0.00% | 36.36x | $1.61 Billion |
| Av Gad Holdings Ltd (AVGD) | $-25.18 Million | 0.00% | 0.00x | $100.23 Million |
| GavYam Lands Corp Ltd (GVYM) | $5.14 Billion | 18.20% | 1.86x | $2.41 Billion |
| Hagag Europe Development ZF Ltd (HGGE) | $61.84 Million | -1.53% | 1.42x | $268.73 Million |
| Hanan Mor (HNMR) | $50.54 Million | 17.37% | 13.35x | $14.40 Million |
| Israel Canada (ISCN) | $2.46 Billion | 23.23% | 2.32x | $1.88 Billion |
About Hiron-Trade Investments & Industrial Buildings Ltd
Hiron-Trade Investments & Industrial Buildings Ltd engages in the real estate business in Israel. The company purchases plots and real estate assets; and constructs and rents commercial centers, including cold storages, bonded and logistics warehouses, archives, light industry facilities, offices, commercial sales centers, and others. It also imports and markets timber and wood products, such as … Read more