Shaniv (SHAN) - Net Assets

Latest as of December 2025: ILA408.15 Million ILA ≈ $1.09 Million USD

Based on the latest financial reports, Shaniv (SHAN) has net assets worth ILA408.15 Million ILA (≈ $1.09 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 (ILA1.06 Billion ≈ $2.85 Million USD) and total liabilities (ILA654.46 Million ≈ $1.75 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 SHAN asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ILA408.15 Million
% of Total Assets	38.41%
Annual Growth Rate	8.84%
5-Year Change	30.8%
10-Year Change	217.72%
Growth Volatility	15.8

Shaniv - Net Assets Trend (2004–2025)

This chart illustrates how Shaniv's net assets have evolved over time, based on quarterly financial data. Also explore Shaniv (SHAN) total assets for the complete picture of this company's asset base.

Annual Net Assets for Shaniv (2004–2025)

The table below shows the annual net assets of Shaniv from 2004 to 2025. For live valuation and market cap data, see Shaniv stock valuation.

Year	Net Assets	Change
2025-12-31	ILA408.15 Million ≈ $1.09 Million	+5.99%
2024-12-31	ILA385.08 Million ≈ $1.03 Million	+15.24%
2023-12-31	ILA334.14 Million ≈ $895.83K	+3.89%
2022-12-31	ILA321.63 Million ≈ $862.28K	+3.07%
2021-12-31	ILA312.05 Million ≈ $836.58K	+15.82%
2020-12-31	ILA269.43 Million ≈ $722.34K	+13.57%
2019-12-31	ILA237.24 Million ≈ $636.02K	+8.47%
2018-12-31	ILA218.72 Million ≈ $586.38K	+4.46%
2017-12-31	ILA209.38 Million ≈ $561.35K	+62.99%
2016-12-31	ILA128.46 Million ≈ $344.41K	+44.81%
2015-12-31	ILA88.71 Million ≈ $237.84K	+7.47%
2014-12-31	ILA82.55 Million ≈ $221.31K	+6.47%
2013-12-31	ILA77.53 Million ≈ $207.87K	+2.70%
2012-12-31	ILA75.50 Million ≈ $202.41K	+3.04%
2011-12-31	ILA73.28 Million ≈ $196.45K	-3.58%
2010-12-31	ILA76.00 Million ≈ $203.74K	+14.79%
2009-12-31	ILA66.20 Million ≈ $177.49K	+1.68%
2008-12-31	ILA65.11 Million ≈ $174.56K	-8.35%
2007-12-31	ILA71.04 Million ≈ $190.47K	-3.50%
2006-12-31	ILA73.62 Million ≈ $197.37K	+5.86%
2005-12-31	ILA69.54 Million ≈ $186.44K	+0.88%
2004-12-31	ILA68.94 Million ≈ $184.82K	--

Equity Component Analysis

This analysis shows how different components contribute to Shaniv'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 464.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	ILA164.99 Million	45.21%
Common Stock	ILA57.44 Million	15.74%
Other Comprehensive Income	ILA28.85 Million	7.90%
Other Components	ILA113.67 Million	31.15%
Total Equity	ILA364.95 Million	100.00%

Shaniv Competitors by Market Cap

The table below lists competitors of Shaniv ranked by their market capitalization.

Company	Market Cap
Forte Biosciences Inc NASDAQ:FBRX	$172.07 Million
Lucky Cement Co TW:1108	$172.14 Million
Alkim Kagit Sanayi ve Ticaret AS IS:ALKA	$172.19 Million
Exotic Food Public Company Limited BK:XO	$172.20 Million
Garuda Construction & Engineering NSE:GARUDA	$172.05 Million
Rhinebeck Bancorp Inc NASDAQ:RBKB	$172.02 Million
Gandhar Oil Refinery (India) Limited NSE:GANDHAR	$172.01 Million
Theta Gold Mines Ltd AU:TGM	$171.88 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shaniv's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 343,723,000 to 364,949,000, a change of 21,226,000 (6.2%).
Net income of 19,679,000 contributed positively to equity growth.
Dividend payments of 12,449,000 reduced retained earnings.
Share repurchases of 2,230,000 reduced equity.
Other comprehensive income increased equity by 12,400,000.
Other factors increased equity by 3,826,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	ILA19.68 Million	+5.39%
Dividends Paid	ILA12.45 Million	-3.41%
Share Repurchases	ILA2.23 Million	-0.61%
Other Comprehensive Income	ILA12.40 Million	+3.4%
Other Changes	ILA3.83 Million	+1.05%
Total Change	ILA-	6.18%

Book Value vs Market Value Analysis

This analysis compares Shaniv'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: 177.75x
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 552.66x to 177.75x 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	ILA1.85	ILA1025.00	x
2013-12-31	ILA1.90	ILA1025.00	x
2014-12-31	ILA2.01	ILA1025.00	x
2015-12-31	ILA2.13	ILA1025.00	x
2016-12-31	ILA2.95	ILA1025.00	x
2017-12-31	ILA4.48	ILA1025.00	x
2018-12-31	ILA3.55	ILA1025.00	x
2019-12-31	ILA3.84	ILA1025.00	x
2020-12-31	ILA4.36	ILA1025.00	x
2021-12-31	ILA4.44	ILA1025.00	x
2022-12-31	ILA4.55	ILA1025.00	x
2023-12-31	ILA4.73	ILA1025.00	x
2024-12-31	ILA5.45	ILA1025.00	x
2025-12-31	ILA5.77	ILA1025.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shaniv 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): 5.39%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.12%
• Asset Turnover: 0.87x
• Equity Multiplier: 2.91x
Recent ROE (5.39%) is below the historical average (7.55%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	2.95%	1.16%	0.84x	3.04x	ILA-5.33 Million
2013	3.00%	1.16%	0.81x	3.21x	ILA-5.42 Million
2014	9.99%	4.29%	0.71x	3.30x	ILA-4.90K
2015	13.65%	5.53%	0.78x	3.18x	ILA3.24 Million
2016	11.44%	6.46%	0.74x	2.40x	ILA1.85 Million
2017	5.53%	4.89%	0.53x	2.12x	ILA-9.35 Million
2018	5.63%	3.12%	0.82x	2.21x	ILA-9.55 Million
2019	9.24%	4.88%	0.80x	2.36x	ILA-1.79 Million
2020	14.81%	6.91%	0.90x	2.38x	ILA12.92 Million
2021	12.29%	5.91%	0.68x	3.06x	ILA6.39 Million
2022	3.00%	1.18%	0.80x	3.16x	ILA-20.08 Million
2023	5.19%	1.92%	0.89x	3.03x	ILA-14.33 Million
2024	3.63%	1.44%	0.81x	3.12x	ILA-21.91 Million
2025	5.39%	2.12%	0.87x	2.91x	ILA-16.82 Million

Industry Comparison

This section compares Shaniv's net assets metrics with peer companies in the Paper & Paper Products industry.

No peer company data available for comparison.

About Shaniv

TA:SHAN Israel Paper & Paper Products

Market Cap

$172.07 Million

ILA64.18 Billion ILA

Market Cap Rank

#17260 Global

#219 in Israel

Share Price

ILA1025.00

Change (1 day)

-1.63%

52-Week Range

ILA495.00 - ILA1042.00

All Time High

ILA1042.00