Shikun & Binui (SKBN) - Net Assets
Based on the latest financial reports, Shikun & Binui (SKBN) has net assets worth ILA5.39 Billion ILA (≈ $14.45 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA24.95 Billion ≈ $66.88 Million USD) and total liabilities (ILA19.56 Billion ≈ $52.43 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 Shikun & Binui tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA5.39 Billion |
| % of Total Assets | 21.6% |
| Annual Growth Rate | 10.9% |
| 5-Year Change | 53.48% |
| 10-Year Change | 175.31% |
| Growth Volatility | 42.04 |
Shikun & Binui - Net Assets Trend (2000–2024)
This chart illustrates how Shikun & Binui's net assets have evolved over time, based on quarterly financial data. See SKBN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shikun & Binui (2000–2024)
The table below shows the annual net assets of Shikun & Binui from 2000 to 2024. For live valuation and market cap data, see Shikun & Binui market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA5.06 Billion ≈ $13.57 Million |
-16.37% |
| 2023-12-31 | ILA6.05 Billion ≈ $16.23 Million |
+23.94% |
| 2022-12-31 | ILA4.88 Billion ≈ $13.09 Million |
+45.84% |
| 2021-12-31 | ILA3.35 Billion ≈ $8.98 Million |
+1.54% |
| 2020-12-31 | ILA3.30 Billion ≈ $8.84 Million |
+13.33% |
| 2019-12-31 | ILA2.91 Billion ≈ $7.80 Million |
+1.41% |
| 2018-12-31 | ILA2.87 Billion ≈ $7.69 Million |
+37.16% |
| 2017-12-31 | ILA2.09 Billion ≈ $5.61 Million |
+0.99% |
| 2016-12-31 | ILA2.07 Billion ≈ $5.55 Million |
+12.67% |
| 2015-12-31 | ILA1.84 Billion ≈ $4.93 Million |
+12.98% |
| 2014-12-31 | ILA1.63 Billion ≈ $4.36 Million |
+41.97% |
| 2013-12-31 | ILA1.15 Billion ≈ $3.07 Million |
+0.60% |
| 2012-12-31 | ILA1.14 Billion ≈ $3.05 Million |
+17.53% |
| 2011-12-31 | ILA969.38 Million ≈ $2.60 Million |
+10.75% |
| 2010-12-31 | ILA875.28 Million ≈ $2.35 Million |
+72.25% |
| 2009-12-31 | ILA508.13 Million ≈ $1.36 Million |
+164.38% |
| 2008-12-31 | ILA192.20 Million ≈ $515.27K |
-55.52% |
| 2007-12-31 | ILA432.11 Million ≈ $1.16 Million |
+28.89% |
| 2006-12-31 | ILA335.25 Million ≈ $898.78K |
+59.73% |
| 2005-12-31 | ILA209.88 Million ≈ $562.68K |
-39.20% |
| 2004-12-31 | ILA345.18 Million ≈ $925.41K |
-17.38% |
| 2003-12-31 | ILA417.81 Million ≈ $1.12 Million |
-27.22% |
| 2002-12-31 | ILA574.08 Million ≈ $1.54 Million |
+16.12% |
| 2001-12-31 | ILA494.40 Million ≈ $1.33 Million |
+16.95% |
| 2000-12-31 | ILA422.74 Million ≈ $1.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shikun & Binui'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 218500000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA2.19 Billion | 53.67% |
| Common Stock | ILA662.00 Million | 16.26% |
| Other Components | ILA1.22 Billion | 30.07% |
| Total Equity | ILA4.07 Billion | 100.00% |
Shikun & Binui Competitors by Market Cap
The table below lists competitors of Shikun & Binui ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alliance Resource Partners LP
NASDAQ:ARLP
|
$3.17 Billion |
|
Tian Di Science & Technology Co Ltd
SHG:600582
|
$3.17 Billion |
|
China International Marine Containers Group Ltd
SHE:000039
|
$3.17 Billion |
|
Shift4 Payments Inc
NYSE:FOUR
|
$3.17 Billion |
|
United States Lime & Minerals Inc
NASDAQ:USLM
|
$3.16 Billion |
|
Jason Furniture(Hangzhou)
SHG:603816
|
$3.16 Billion |
|
Procter & Gamble Hygiene and Health Care Limited
NSE:PGHH
|
$3.16 Billion |
|
TOMRA SYSTEMS ADR/1 NK 1
F:TMR0
|
$3.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shikun & Binui's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,076,000,000 to 4,071,000,000, a change of -1,005,000,000 (-19.8%).
- Net loss of 1,019,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-1.02 Billion | -25.03% |
| Other Changes | ILA14.00 Million | +0.34% |
| Total Change | ILA- | -19.80% |
Book Value vs Market Value Analysis
This analysis compares Shikun & Binui'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: 272.72x
- 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 4098.51x to 272.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ILA0.49 | ILA2026.00 | x |
| 2006-12-31 | ILA0.80 | ILA2026.00 | x |
| 2007-12-31 | ILA1.04 | ILA2026.00 | x |
| 2008-12-31 | ILA0.45 | ILA2026.00 | x |
| 2009-12-31 | ILA0.87 | ILA2026.00 | x |
| 2010-12-31 | ILA1.81 | ILA2026.00 | x |
| 2011-12-31 | ILA2.11 | ILA2026.00 | x |
| 2012-12-31 | ILA2.39 | ILA2026.00 | x |
| 2013-12-31 | ILA2.34 | ILA2026.00 | x |
| 2014-12-31 | ILA3.47 | ILA2026.00 | x |
| 2015-12-31 | ILA4.09 | ILA2026.00 | x |
| 2016-12-31 | ILA4.62 | ILA2026.00 | x |
| 2017-12-31 | ILA4.49 | ILA2026.00 | x |
| 2018-12-31 | ILA6.19 | ILA2026.00 | x |
| 2019-12-31 | ILA6.25 | ILA2026.00 | x |
| 2020-12-31 | ILA6.37 | ILA2026.00 | x |
| 2021-12-31 | ILA6.56 | ILA2026.00 | x |
| 2022-12-31 | ILA9.23 | ILA2026.00 | x |
| 2023-12-31 | ILA9.99 | ILA2026.00 | x |
| 2024-12-31 | ILA7.43 | ILA2026.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shikun & Binui 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): -25.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.99%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 6.75x
- Recent ROE (-25.03%) is below the historical average (22.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 36.89% | 4.30% | 0.69x | 12.45x | ILA92.05 Million |
| 2001 | 29.34% | 3.47% | 0.72x | 11.73x | ILA84.71 Million |
| 2002 | 6.10% | 0.73% | 0.78x | 10.81x | ILA-20.20 Million |
| 2005 | -88.03% | -4.63% | 0.65x | 29.14x | ILA-195.88 Million |
| 2006 | 57.19% | 4.86% | 0.68x | 17.31x | ILA153.26 Million |
| 2007 | 34.28% | 3.16% | 0.64x | 16.82x | ILA102.25 Million |
| 2008 | 50.07% | 2.06% | 0.61x | 39.56x | ILA73.44 Million |
| 2009 | 67.62% | 5.33% | 0.60x | 21.01x | ILA202.24 Million |
| 2010 | 71.10% | 10.75% | 0.57x | 11.62x | ILA449.84 Million |
| 2011 | 47.73% | 7.73% | 0.56x | 11.11x | ILA326.21 Million |
| 2012 | 41.84% | 6.75% | 0.57x | 10.84x | ILA311.22 Million |
| 2013 | 37.66% | 5.70% | 0.61x | 10.91x | ILA266.73 Million |
| 2014 | 30.25% | 6.93% | 0.54x | 8.01x | ILA286.32 Million |
| 2015 | 25.49% | 8.40% | 0.38x | 7.94x | ILA258.71 Million |
| 2016 | 23.56% | 8.29% | 0.35x | 8.02x | ILA256.57 Million |
| 2017 | 12.49% | 3.59% | 0.47x | 7.33x | ILA46.02 Million |
| 2018 | 19.48% | 7.82% | 0.38x | 6.56x | ILA240.92 Million |
| 2019 | 12.08% | 4.84% | 0.39x | 6.33x | ILA54.02 Million |
| 2020 | 4.90% | 2.13% | 0.39x | 5.92x | ILA-145.51 Million |
| 2021 | 3.62% | 1.71% | 0.32x | 6.63x | ILA-185.42 Million |
| 2022 | 2.04% | 1.10% | 0.29x | 6.35x | ILA-327.60 Million |
| 2023 | 5.67% | 3.50% | 0.29x | 5.50x | ILA-219.60 Million |
| 2024 | -25.03% | -11.99% | 0.31x | 6.75x | ILA-1.43 Billion |
Industry Comparison
This section compares Shikun & Binui's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $331,724,500
- Average return on equity (ROE) among peers: -4.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shikun & Binui (SKBN) | ILA5.39 Billion | 36.89% | 3.63x | $3.16 Billion |
| Mordechai Aviv Taasiot Beniyah 1973 Ltd (AVIV) | $298.58 Million | 2.07% | 1.72x | $78.85 Million |
| Baran Group Ltd (BRAN) | $244.61 Million | 0.19% | 1.59x | $167.47 Million |
| Danya Cebus (DNYA) | $1.13 Billion | 5.61% | 4.24x | $1.20 Billion |
| El-Mor Electric Installation & Services 1986 Ltd (ELMR) | $99.52 Million | 11.11% | 1.23x | $292.45 Million |
| Electra Ltd (ELTR) | $443.65 Million | 3.95% | 6.29x | $2.46 Billion |
| Electreon Wireless Ltd (ELWS) | $125.63 Million | -65.73% | 0.17x | $177.90 Million |
| Lapidoth (LAPD) | $379.26 Million | 4.63% | 1.14x | $1.17 Billion |
| Levinski Ofer (LEOF) | $29.04 Million | -8.91% | 6.84x | $32.33 Million |
| Levinstein Eng (LEVI) | $421.70 Million | -5.74% | 2.63x | $583.38 Million |
| Lesico Ltd (LSCO) | $148.54 Million | 10.02% | 1.48x | $38.83 Million |
About Shikun & Binui
Shikun & Binui Ltd., together with its subsidiaries, operates as an infrastructure and real estate company in Israel and internationally. It engages in the development, planning, and construction of housing projects; developing commercial real estate projects, as well as rental properties such as student dormitories, office buildings and commercial space; provision of building sites solution and … Read more