Rani Zim Shopping Centers
Rani Zim Shopping Centers Ltd, together with its subsidiaries, engages in the real estate business in Israel. It is involved in the initiation, development, establishment, management, and leasing of commercial projects, including shopping centers; and initiation, construction, and establishment of housing projects, such as housing units. The company was incorporated in 2009 and is headquartered i… Read more
Rani Zim Shopping Centers (RANI) - Net Assets
Latest net assets as of September 2025: ILA940.45 Million ILA
Based on the latest financial reports, Rani Zim Shopping Centers (RANI) has net assets worth ILA940.45 Million ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA3.27 Billion) and total liabilities (ILA2.33 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 | ILA940.45 Million |
| % of Total Assets | 28.78% |
| Annual Growth Rate | 17.2% |
| 5-Year Change | 79.08% |
| 10-Year Change | N/A |
| Growth Volatility | 9.67 |
Rani Zim Shopping Centers - Net Assets Trend (2015–2024)
This chart illustrates how Rani Zim Shopping Centers's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rani Zim Shopping Centers (2015–2024)
The table below shows the annual net assets of Rani Zim Shopping Centers from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA808.98 Million | +10.77% |
| 2023-12-31 | ILA730.29 Million | +14.57% |
| 2022-12-31 | ILA637.42 Million | +9.33% |
| 2021-12-31 | ILA583.02 Million | +29.06% |
| 2020-12-31 | ILA451.75 Million | +27.21% |
| 2019-12-31 | ILA355.11 Million | +13.28% |
| 2018-12-31 | ILA313.47 Million | +35.49% |
| 2017-12-31 | ILA231.36 Million | +6.41% |
| 2016-12-31 | ILA217.42 Million | +12.17% |
| 2015-12-31 | ILA193.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rani Zim Shopping Centers'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 256.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA520.29 Million | 65.17% |
| Common Stock | ILA233.48 Million | 29.24% |
| Other Comprehensive Income | ILA44.64 Million | 5.59% |
| Total Equity | ILA798.41 Million | 100.00% |
Rani Zim Shopping Centers Competitors by Market Cap
The table below lists competitors of Rani Zim Shopping Centers ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panca Mitra Multiperdana Tbk PT
JK:PMMP
|
$2.41 Million |
|
Permsin Steel Works Public Company Limited
BK:PERM
|
$2.41 Million |
|
CRE.ME.COM.TR.SBI DL-001
F:WY52
|
$2.41 Million |
|
Canada Carbon Inc.
PINK:BRUZF
|
$2.41 Million |
|
Golden Tobacco Limited
NSE:GOLDENTOBC
|
$2.41 Million |
|
Organovo Holdings Inc
NASDAQ:ONVO
|
$2.41 Million |
|
Goff Corp
PINK:WNFT
|
$2.41 Million |
|
MASTEC (MY8.SG)
STU:MY8
|
$2.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rani Zim Shopping Centers's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 730,612,000 to 798,409,000, a change of 67,797,000 (9.3%).
- Net income of 64,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 3,797,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA64.00 Million | +8.02% |
| Other Comprehensive Income | ILA3.80 Million | +0.48% |
| Total Change | ILA- | 9.28% |
Book Value vs Market Value Analysis
This analysis compares Rani Zim Shopping Centers'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: 74.36x
- 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 174.16x to 74.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ILA2.72 | ILA474.30 | x |
| 2016-12-31 | ILA2.54 | ILA474.30 | x |
| 2017-12-31 | ILA2.70 | ILA474.30 | x |
| 2018-12-31 | ILA2.97 | ILA474.30 | x |
| 2019-12-31 | ILA3.11 | ILA474.30 | x |
| 2020-12-31 | ILA3.41 | ILA474.30 | x |
| 2021-12-31 | ILA4.06 | ILA474.30 | x |
| 2022-12-31 | ILA4.39 | ILA474.30 | x |
| 2023-12-31 | ILA5.04 | ILA474.30 | x |
| 2024-12-31 | ILA6.38 | ILA474.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rani Zim Shopping Centers 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): 8.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.08%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.80x
- Recent ROE (8.02%) is below the historical average (9.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 15.63% | 73.24% | 0.08x | 2.79x | ILA10.91 Million |
| 2016 | 7.19% | 43.78% | 0.06x | 2.57x | ILA-6.10 Million |
| 2017 | 5.92% | 38.30% | 0.06x | 2.66x | ILA-9.45 Million |
| 2018 | 3.17% | 25.07% | 0.06x | 2.16x | ILA-21.40 Million |
| 2019 | 9.25% | 79.65% | 0.05x | 2.37x | ILA-2.66 Million |
| 2020 | 8.15% | 82.86% | 0.03x | 3.14x | ILA-8.34 Million |
| 2021 | 18.11% | 150.82% | 0.04x | 3.42x | ILA47.26 Million |
| 2022 | 12.59% | 83.87% | 0.04x | 3.49x | ILA16.50 Million |
| 2023 | 11.90% | 76.69% | 0.04x | 3.93x | ILA13.91 Million |
| 2024 | 8.02% | 35.08% | 0.06x | 3.80x | ILA-15.84 Million |
Industry Comparison
This section compares Rani Zim Shopping Centers's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $2,029,102,333
- Average return on equity (ROE) among peers: 10.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rani Zim Shopping Centers (RANI) | ILA940.45 Million | 15.63% | 2.47x | $2.41 Million |
| Alrov Properties & Lodgings Ltd (ALRPR) | $3.62 Billion | 5.57% | 2.29x | $15.61 Million |
| Mega Or (MGOR) | $953.78 Million | 15.46% | 2.01x | $43.45 Million |
| Propert & Buil (PTBL) | $1.51 Billion | 9.90% | 2.23x | $8.73 Million |