Kardan NV (KRNV) - Net Assets
Based on the latest financial reports, Kardan NV (KRNV) has net assets worth ILA-150.89 Million ILA (≈ $-404.52K USD) as of September 2019. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA570.32 Million ≈ $1.53 Million USD) and total liabilities (ILA721.20 Million ≈ $1.93 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 KRNV cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA-150.89 Million |
| % of Total Assets | -26.46% |
| Annual Growth Rate | N/A |
| 5-Year Change | -154.99% |
| 10-Year Change | N/A |
| Growth Volatility | 49.58 |
Kardan NV - Net Assets Trend (2013–2018)
This chart illustrates how Kardan NV's net assets have evolved over time, based on quarterly financial data. Also explore Kardan NV balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Kardan NV (2013–2018)
The table below shows the annual net assets of Kardan NV from 2013 to 2018. For live valuation and market cap data, see KRNV market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | ILA-53.76 Million ≈ $-144.12K |
-6408.11% |
| 2017-12-31 | ILA-826.00K ≈ $-2.21K |
-102.01% |
| 2016-12-31 | ILA41.18 Million ≈ $110.41K |
-45.77% |
| 2015-12-31 | ILA75.94 Million ≈ $203.59K |
-22.32% |
| 2014-12-31 | ILA97.76 Million ≈ $262.09K |
+36.25% |
| 2013-12-31 | ILA71.75 Million ≈ $192.36K |
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Equity Component Analysis
This analysis shows how different components contribute to Kardan NV'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 8392500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2018)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA25.28 Million | % |
| Other Components | ILA224.45 Million | % |
| Total Equity | ILA-59.50 Million | 100.00% |
Kardan NV Competitors by Market Cap
The table below lists competitors of Kardan NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
European Resources Limited
AU:ERE
|
$98.85 |
|
Versus Systems Inc
NASDAQ:VSSYW
|
$109.94 |
|
Tarrina Resources Limited
AU:TR8
|
$110.79 |
|
NRx Pharmaceuticals Inc
NASDAQ:NRXPW
|
$111.30 |
|
GCM Grosvenor Inc
NASDAQ:GCMGW
|
$91.26 |
|
Auravelle Metals Limited
AU:AUV
|
$89.44 |
|
Solartron Public Company Limited
F:TUUF
|
$78.87 |
|
RPCG PCL F
F:R4Q
|
$74.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kardan NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -4,368,000 to -59,497,000, a change of -55,129,000.
- Net loss of 36,775,000 reduced equity.
- Other factors decreased equity by 18,354,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-36.77 Million | -61.81% |
| Other Changes | ILA-18.35 Million | -30.85% |
| Total Change | ILA- | % |
Book Value vs Market Value Analysis
This analysis compares Kardan NV'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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Kardan NV 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -46.28%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-43.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -153.31% | -55.09% | 0.20x | 13.99x | ILA-107.94 Million |
| 2014 | 5.51% | 2.62% | 0.19x | 10.97x | ILA-4.15 Million |
| 2015 | -32.07% | -381.22% | 0.01x | 13.65x | ILA-30.06 Million |
| 2016 | -83.92% | -22.25% | 0.21x | 17.82x | ILA-35.06 Million |
| 2017 | 0.00% | -113.83% | 0.02x | 0.00x | ILA-16.66 Million |
| 2018 | 0.00% | -46.28% | 0.12x | 0.00x | ILA-30.83 Million |
Industry Comparison
This section compares Kardan NV's net assets metrics with peer companies in the Real Estate Operations industry.
Industry Context
- Industry: Real Estate Operations
- Average net assets among peers: $3,872,192,600
- Average return on equity (ROE) among peers: 4.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kardan NV (KRNV) | ILA-150.89 Million | -153.31% | N/A | $91.57 |
| Arena Star Group Ltd (ARNA) | $269.80 Million | -43.11% | 4.59x | $2.57 Billion |
| Aviv Arlon Ltd (AVLN) | $107.32 Million | 21.40% | 1.25x | $94.52 Million |
| Bayside Land Corporation Ltd (BYSD) | $2.42 Billion | 11.41% | 1.64x | $2.46 Billion |
| Gazit Globe Ltd (GZT) | $16.33 Billion | 4.01% | 1.61x | $606.52 Million |
| Shemen Industries Ltd (SMNIN) | $233.74 Million | 31.14% | 0.85x | $99.10 Million |
About Kardan NV
Kardan N.V., through its subsidiaries, engages in real estate development business in China and internationally. The company operates in two segments, Real Estate " Development and Real Estate " Investment Property. It develops and sells commercial retail estate properties, and residential and small office apartments; and holds, operates, and manages shopping centers under the Galleria brand, as … Read more