Shemen Industries Ltd
Shemen Industries Ltd engages in leasing real estate properties to various tenants. The company is based in Haifa, Israel.
Shemen Industries Ltd (SMNIN) - Net Assets
Latest net assets as of March 2023: ILA358.62 Million ILA
Based on the latest financial reports, Shemen Industries Ltd (SMNIN) has net assets worth ILA358.62 Million ILA as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA447.54 Million) and total liabilities (ILA88.93 Million). 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 | ILA358.62 Million |
| % of Total Assets | 80.13% |
| Annual Growth Rate | 16.11% |
| 5-Year Change | 46.58% |
| 10-Year Change | 876.79% |
| Growth Volatility | 4585.04 |
Shemen Industries Ltd - Net Assets Trend (2005–2022)
This chart illustrates how Shemen Industries Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shemen Industries Ltd (2005–2022)
The table below shows the annual net assets of Shemen Industries Ltd from 2005 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ILA360.48 Million | +26.18% |
| 2021-12-31 | ILA285.68 Million | +130.54% |
| 2020-12-31 | ILA123.92 Million | -44.68% |
| 2019-12-31 | ILA224.02 Million | -8.91% |
| 2018-12-31 | ILA245.93 Million | +5.22% |
| 2017-12-31 | ILA233.74 Million | +32.38% |
| 2016-12-31 | ILA176.57 Million | +16.28% |
| 2015-12-31 | ILA151.84 Million | +10.94% |
| 2014-12-31 | ILA136.87 Million | +270.87% |
| 2013-12-31 | ILA36.90 Million | -10.04% |
| 2012-12-31 | ILA41.02 Million | -9.32% |
| 2011-12-31 | ILA45.24 Million | -8.61% |
| 2010-12-31 | ILA49.50 Million | -12.26% |
| 2009-12-31 | ILA56.41 Million | -4.82% |
| 2008-12-31 | ILA59.27 Million | +18958.52% |
| 2006-12-31 | ILA311.00K | -98.91% |
| 2005-12-31 | ILA28.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shemen Industries 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 grown by 2024300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA20.24 Million | 5.62% |
| Common Stock | ILA63.39 Million | 17.59% |
| Other Components | ILA276.84 Million | 76.80% |
| Total Equity | ILA360.48 Million | 100.00% |
Shemen Industries Ltd Competitors by Market Cap
The table below lists competitors of Shemen Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sierra Grande Minerals Inc
OTCQB:SIERF
|
$1.26 Million |
|
IDH DEVELOPMENT S.A.
F:7E2
|
$1.26 Million |
|
Hexagon Energy Materials Limited
F:F93
|
$1.26 Million |
|
Avinger Inc
NASDAQ:AVGR
|
$1.26 Million |
|
Jaguar Animal Health Inc
NASDAQ:JAGX
|
$1.26 Million |
|
DAVITA HLTH CARE - Dusseldorf Stock Exchang
DU:TRL
|
$1.26 Million |
|
STRIP TINNING HLDG.LS-01
F:VH3
|
$1.26 Million |
|
COACH - Dusseldorf Stock Exchang
DU:COY
|
$1.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shemen Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 285,675,000 to 360,475,000, a change of 74,800,000 (26.2%).
- Net income of 71,701,000 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA71.70 Million | +19.89% |
| Other Changes | ILA3.10 Million | +0.86% |
| Total Change | ILA- | 26.18% |
Book Value vs Market Value Analysis
This analysis compares Shemen Industries 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.
Valuation Insights
- Current price-to-book ratio: 92.33x
- 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 188.49x to 92.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ILA7.96 | ILA1500.00 | x |
| 2017-12-31 | ILA10.53 | ILA1500.00 | x |
| 2018-12-31 | ILA11.08 | ILA1500.00 | x |
| 2019-12-31 | ILA10.10 | ILA1500.00 | x |
| 2020-12-31 | ILA5.58 | ILA1500.00 | x |
| 2021-12-31 | ILA12.88 | ILA1500.00 | x |
| 2022-12-31 | ILA16.25 | ILA1500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shemen Industries 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): 19.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1240.93%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.26x
- Recent ROE (19.89%) is above the historical average (1.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.65% | 0.21% | 1.55x | 11.08x | ILA-2.61 Million |
| 2013 | -3.84% | -0.22% | 1.53x | 11.21x | ILA-5.11 Million |
| 2014 | 23.68% | 5.42% | 1.34x | 3.26x | ILA18.72 Million |
| 2015 | 5.99% | 1.59% | 1.31x | 2.87x | ILA-6.10 Million |
| 2016 | 9.56% | 2.75% | 1.28x | 2.73x | ILA-771.80K |
| 2017 | 31.14% | 12.88% | 1.30x | 1.85x | ILA49.42 Million |
| 2018 | 0.85% | 0.37% | 1.26x | 1.80x | ILA-22.50 Million |
| 2019 | -3.30% | -1.45% | 1.21x | 1.87x | ILA-29.80 Million |
| 2020 | -71.68% | -18.18% | 1.82x | 2.17x | ILA-101.22 Million |
| 2021 | 3.68% | 385.57% | 0.01x | 1.23x | ILA-18.06 Million |
| 2022 | 19.89% | 1240.93% | 0.01x | 1.26x | ILA35.65 Million |
Industry Comparison
This section compares Shemen Industries Ltd's net assets metrics with peer companies in the Real Estate Operations industry.
Industry Context
- Industry: Real Estate Operations
- Average net assets among peers: $3,248,854,411
- Average return on equity (ROE) among peers: -1.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shemen Industries Ltd (SMNIN) | ILA358.62 Million | 3.65% | 0.25x | $1.26 Million |
| Arena Star Group Ltd (ARNA) | $-21.58 Million | 0.00% | 0.00x | $10.36 Million |
| Aviv Arlon Ltd (AVLN) | $117.47 Million | -9.34% | 1.60x | $378.28K |
| Gazit Globe Ltd (GZT) | $16.33 Billion | 4.01% | 1.61x | $11.85 Million |
| Mivne Real Estate (K.D) Ltd (IBLD) | $2.52 Billion | 12.12% | 3.50x | $34.56K |
| Kardan NV (KRNV) | $75.94 Million | -30.18% | 11.85x | $57.69K |
| Mirland Development Corporation PLC (MLD) | $472.84 Million | 13.72% | 0.39x | $861.40 |