New Horizon Group Ltd Net Assets
New Horizon Group Ltd net assets. Based on the latest financial reports, New Horizon Group Ltd (NERZ) has net assets worth ILA-18.21 Million ILA (≈ $-48.82K USD) as of June 2019. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA4.65 Million ≈ $12.46K USD) and total liabilities (ILA22.86 Million ≈ $61.27K 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. Also explore how fast is New Horizon Group Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA-18.21 Million |
| % of Total Assets | -391.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | -784.02% |
| 10-Year Change | -196.07% |
| Growth Volatility | 1272.3 |
Net Assets of New Horizon Group Ltd (2005–2018)
Net assets of New Horizon Group Ltd from 2005 to 2018. This chart illustrates how New Horizon Group Ltd's net assets have evolved over time, based on quarterly financial data. See New Horizon Group Ltd (NERZ) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for New Horizon Group Ltd (2005–2018)
The table below shows the annual net assets of New Horizon Group Ltd from 2005 to 2018. For live market cap and overall valuation, see market cap of New Horizon Group Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | ILA-23.29 Million ≈ $-62.44K |
-25.86% |
| 2017-12-31 | ILA-18.51 Million ≈ $-49.61K |
-11.15% |
| 2016-12-31 | ILA-16.65 Million ≈ $-44.64K |
-2412.36% |
| 2015-12-31 | ILA720.00K ≈ $1.93K |
-78.85% |
| 2014-12-31 | ILA3.40 Million ≈ $9.13K |
-66.57% |
| 2013-12-31 | ILA10.19 Million ≈ $27.31K |
+151.43% |
| 2012-12-31 | ILA-19.80 Million ≈ $-53.09K |
-7.74% |
| 2011-12-31 | ILA-18.38 Million ≈ $-49.28K |
-28.27% |
| 2010-12-31 | ILA-14.33 Million ≈ $-38.42K |
-159.10% |
| 2009-12-31 | ILA24.24 Million ≈ $65.00K |
-48.03% |
| 2008-12-31 | ILA46.65 Million ≈ $125.06K |
+192.22% |
| 2006-12-31 | ILA15.96 Million ≈ $42.80K |
+2333.38% |
| 2005-12-31 | ILA656.00K ≈ $1.76K |
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Equity Component Analysis
This analysis shows how different components contribute to New Horizon Group 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 decreased by 6541600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
New Horizon Group Ltd Net Assets Breakdown (December 2018)
New Horizon Group Ltd net assets breakdown by equity component as of December 2018.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA6.63 Million | % |
| Other Components | ILA35.49 Million | % |
| Total Equity | ILA-23.29 Million | 100.00% |
New Horizon Group Ltd Competitors by Market Cap
The table below lists competitors of New Horizon Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HYGEIA HC HLDGS DL-00001
F:50I
|
$11.29K |
|
Catenai PLC
LSE:CTAI
|
$11.34K |
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
$11.35K |
|
Nostrum Oil & Gas PLC
LSE:NOG
|
$11.54K |
|
Mingzhu Logistics Holdings Ltd
NASDAQ:YGMZ
|
$11.06K |
|
Ptt PCL
STU:PTOG
|
$10.98K |
|
Kyung Nam Pharm Co Ltd
KQ:053950
|
$10.90K |
|
Spacefy Inc
F:YSP
|
$10.63K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Horizon Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2017 to 2018, total equity changed from -18,506,000 to -23,291,000, a change of -4,785,000.
- Net loss of 3,797,000 reduced equity.
- Other factors decreased equity by 988,000.
Equity Change Factors (2017 to 2018)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-3.80 Million | -16.3% |
| Other Changes | ILA-988.00K | -4.24% |
| Total Change | ILA- | % |
Book Value vs Market Value Analysis
This analysis compares New Horizon Group 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.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently New Horizon Group 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-99.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 68.60% | 2.39% | 25.51x | 1.13x | ILA384.40K |
| 2008 | 31.93% | 31.46% | 0.28x | 3.58x | ILA10.23 Million |
| 2013 | 145.62% | 60.36% | 0.59x | 4.09x | ILA13.81 Million |
| 2014 | -200.09% | 0.00% | 0.00x | 6.21x | ILA-7.15 Million |
| 2015 | -838.89% | 0.00% | 0.00x | 21.44x | ILA-6.11 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-15.70 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-6.40K |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-1.47 Million |
Industry Comparison
This section compares New Horizon Group Ltd's net assets metrics with peer companies in the Electronic Equipment & Parts industry.
No peer company data available for comparison.
About New Horizon Group Ltd
New Horizon Group Ltd. develops and invests in real estate properties in the United States, Romania, Poland, and Latvia. It develops residential and commercial properties. The company was formerly known as Unami Shiluvim Enterprise and Development Ltd. and changed its name to New Horizon Group Ltd. in February 2007. New Horizon Group Ltd. was founded in 1979 and is based in Ramat Gan, Israel.