Shaniv (SHAN) - Net Assets
Based on the latest financial reports, Shaniv (SHAN) has net assets worth ILA445.15 Million ILA (≈ $1.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.11 Billion ≈ $2.98 Million USD) and total liabilities (ILA665.96 Million ≈ $1.79 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 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA445.15 Million |
| % of Total Assets | 40.06% |
| 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. For live market cap and overall valuation, see SHAN stock market capitalisation.
Annual Net Assets for Shaniv (2004–2025)
The table below shows the annual net assets of Shaniv from 2004 to 2025. Also explore SHAN shareholders equity momentum to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Koenig & Bauer AG
XETRA:SKB
|
$152.03 Million |
|
St.Shine Optical Co Ltd
TWO:1565
|
$152.17 Million |
|
Bien Yapi Urunleri Sanayi Turizm ve Ticaret A.S.
IS:BIENY
|
$152.17 Million |
|
Saniona AB
ST:SANION
|
$152.26 Million |
|
Dashin Value REIT Co.,Ltd.
KO:0030R0
|
$151.92 Million |
|
MAX Automation SE
XETRA:MXHN
|
$151.89 Million |
|
Hammond Manufacturing Company Limited
TO:HMM-A
|
$151.88 Million |
|
Assertio Therapeutics Inc
NASDAQ:ASRT
|
$151.86 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: 155.97x
- 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 484.94x to 155.97x 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 | ILA899.40 | x |
| 2013-12-31 | ILA1.90 | ILA899.40 | x |
| 2014-12-31 | ILA2.01 | ILA899.40 | x |
| 2015-12-31 | ILA2.13 | ILA899.40 | x |
| 2016-12-31 | ILA2.95 | ILA899.40 | x |
| 2017-12-31 | ILA4.48 | ILA899.40 | x |
| 2018-12-31 | ILA3.55 | ILA899.40 | x |
| 2019-12-31 | ILA3.84 | ILA899.40 | x |
| 2020-12-31 | ILA4.36 | ILA899.40 | x |
| 2021-12-31 | ILA4.44 | ILA899.40 | x |
| 2022-12-31 | ILA4.55 | ILA899.40 | x |
| 2023-12-31 | ILA4.73 | ILA899.40 | x |
| 2024-12-31 | ILA5.45 | ILA899.40 | x |
| 2025-12-31 | ILA5.77 | ILA899.40 | 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
Shaniv Paper Industry Ltd engages in the manufacture and marketing of paper, cleaning, automotive, and personal care products in Israel and internationally. The company offers toilet paper, kitchen towels, handkerchiefs, and napkins, as well as a new line for the institutional market. It also produces and imports aluminum foils and molds, nylon products, packaging, and various paper products. In … Read more