Gateway Real Estate AG
Gateway Real Estate AG engages in the development of residential properties and urban quarters in Germany. The company operates in three segments: Portfolio Properties, Commercial Development, and Residential Properties Development. Gateway Real Estate AG was founded in 2006 and is based in Berlin, Germany.
Gateway Real Estate AG (GTY) - Net Assets
Latest net assets as of September 2024: €213.31 Million EUR
Based on the latest financial reports, Gateway Real Estate AG (GTY) has net assets worth €213.31 Million EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.40 Billion) and total liabilities (€1.18 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 | €213.31 Million |
| % of Total Assets | 15.29% |
| Annual Growth Rate | 13.44% |
| 5-Year Change | -34.71% |
| 10-Year Change | 11060.63% |
| Growth Volatility | 323.79 |
Gateway Real Estate AG - Net Assets Trend (2006–2023)
This chart illustrates how Gateway Real Estate AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gateway Real Estate AG (2006–2023)
The table below shows the annual net assets of Gateway Real Estate AG from 2006 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €212.84 Million | -43.85% |
| 2022-12-31 | €379.05 Million | -7.73% |
| 2021-12-31 | €410.79 Million | +14.16% |
| 2020-12-31 | €359.82 Million | +10.38% |
| 2019-12-31 | €325.99 Million | +119.63% |
| 2018-12-31 | €148.43 Million | +242.49% |
| 2017-12-31 | €43.34 Million | +62.32% |
| 2016-12-31 | €26.70 Million | +1354.17% |
| 2015-12-31 | €1.84 Million | -3.73% |
| 2014-12-31 | €1.91 Million | -46.37% |
| 2013-12-31 | €3.56 Million | +156.49% |
| 2012-12-31 | €1.39 Million | +30.48% |
| 2011-12-31 | €1.06 Million | -67.72% |
| 2010-12-31 | €3.29 Million | -78.80% |
| 2009-12-31 | €15.52 Million | -15.56% |
| 2008-12-31 | €18.38 Million | -28.36% |
| 2007-12-31 | €25.66 Million | +2.79% |
| 2006-12-31 | €24.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gateway Real Estate AG'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 32668.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €407.31 Million | 198.74% |
| Common Stock | €186.76 Million | 91.13% |
| Other Comprehensive Income | €-389.13 Million | -189.87% |
| Total Equity | €204.94 Million | 100.00% |
Gateway Real Estate AG Competitors by Market Cap
The table below lists competitors of Gateway Real Estate AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Madusari Murni Indah Tbk PT
JK:MOLI
|
$3.11 Million |
|
The Beauty Tech Group PLC
LSE:TBTG
|
$3.11 Million |
|
Tips Films Limited
NSE:TIPSFILMS
|
$3.11 Million |
|
First Venture Sweden AB Series B
ST:FIRST-B
|
$3.11 Million |
|
Transatlantic Mining Corp
PINK:TRRGF
|
$3.11 Million |
|
Zena Mining Corp
V:ZCC-H
|
$3.10 Million |
|
Avecho Biotechnology Limited
PINK:AVEFF
|
$3.10 Million |
|
IT Tech Packaging Inc
NYSE MKT:ITP
|
$3.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gateway Real Estate AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 370,890,000 to 204,941,000, a change of -165,949,000 (-44.7%).
- Net loss of 165,939,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-165.94 Million | -80.97% |
| Other Changes | €-10.00K | -0.0% |
| Total Change | €- | -44.74% |
Book Value vs Market Value Analysis
This analysis compares Gateway Real Estate AG'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: 0.30x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.06x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €5.79 | €0.33 | x |
| 2007-12-31 | €6.04 | €0.33 | x |
| 2008-12-31 | €4.36 | €0.33 | x |
| 2009-12-31 | €3.67 | €0.33 | x |
| 2010-12-31 | €0.93 | €0.33 | x |
| 2011-12-31 | €0.30 | €0.33 | x |
| 2012-12-31 | €0.39 | €0.33 | x |
| 2013-12-31 | €1.01 | €0.33 | x |
| 2014-12-31 | €0.54 | €0.33 | x |
| 2015-12-31 | €0.48 | €0.33 | x |
| 2016-12-31 | €1.98 | €0.33 | x |
| 2017-12-31 | €2.05 | €0.33 | x |
| 2018-12-31 | €0.95 | €0.33 | x |
| 2019-12-31 | €1.76 | €0.33 | x |
| 2020-12-31 | €1.90 | €0.33 | x |
| 2021-12-31 | €2.16 | €0.33 | x |
| 2022-12-31 | €1.99 | €0.33 | x |
| 2023-12-31 | €1.10 | €0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gateway Real Estate AG 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): -80.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -579.52%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 6.76x
- Recent ROE (-80.97%) is below the historical average (-28.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.15% | 15.75% | 0.13x | 2.98x | €-783.00K |
| 2007 | -1.27% | -1.01% | 0.39x | 3.20x | €-2.39 Million |
| 2008 | -38.58% | -54.98% | 0.17x | 4.09x | €-7.44 Million |
| 2009 | -37.74% | -20.09% | 0.46x | 4.06x | €-6.15 Million |
| 2010 | -293.10% | -95.35% | 0.98x | 3.13x | €-9.93 Million |
| 2011 | -208.29% | -317.92% | 0.03x | 19.62x | €-2.32 Million |
| 2012 | 23.36% | 2.20% | 0.53x | 20.13x | €185.22K |
| 2013 | 61.01% | 5.14% | 1.53x | 7.75x | €1.81 Million |
| 2014 | -86.46% | -17.03% | 0.98x | 5.19x | €-1.84 Million |
| 2015 | -18.51% | -31.86% | 0.10x | 5.88x | €-523.53K |
| 2016 | 23.53% | 91.72% | 0.05x | 5.24x | €3.61 Million |
| 2017 | 38.45% | 135.49% | 0.04x | 6.52x | €12.33 Million |
| 2018 | 22.80% | 179.05% | 0.02x | 5.48x | €18.66 Million |
| 2019 | 39.28% | 133.39% | 0.09x | 3.24x | €93.91 Million |
| 2020 | 25.44% | 1115.45% | 0.01x | 3.15x | €54.84 Million |
| 2021 | 12.62% | 310.79% | 0.01x | 3.34x | €10.56 Million |
| 2022 | -8.80% | -135.44% | 0.02x | 3.86x | €-69.71 Million |
| 2023 | -80.97% | -579.52% | 0.02x | 6.76x | €-186.43 Million |
Industry Comparison
This section compares Gateway Real Estate AG's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,150,334,698,800
- Average return on equity (ROE) among peers: -10.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gateway Real Estate AG (GTY) | €213.31 Million | 6.15% | 5.54x | $3.11 Million |
| AGUNG PODOMORO (2AG.SG) (2AG) | $11.36 Trillion | -1.20% | 1.68x | $1.33 Million |
| Zhong An Group Limited (35Z) | $7.55 Billion | 5.57% | 1.92x | $17.05 Million |
| Cham Swiss Properties AG (4U3) | $349.67 Million | 1.98% | 0.29x | $848.13 Million |
| CIFI Holdings (Group) Co. Ltd (6CI) | $86.18 Billion | -15.02% | 3.48x | $26.44 Million |
| Agile Group Holdings Limited (A8P) | $44.18 Billion | 14.71% | 2.70x | $45.46 Million |
| Arco Vara AS (AV1) | $17.96 Million | 11.53% | 0.75x | $6.48 Million |
| Bukit Sembawang Estates Limited (B1W1) | $1.23 Billion | 9.03% | 0.08x | $456.38 Million |
| Coastal Greenland Limited (CGR0) | $2.80 Billion | -15.22% | 1.42x | $4.47 Million |
| China Changbaishan International Holdings Limited (CL70) | $44.54 Million | -127.88% | 45.52x | $14.69 Million |
| Cheuk Nang (Holdings) Limited (CQH3) | $5.77 Billion | 7.64% | 0.54x | $21.64 Million |