Grand City Properties SA Net Assets
Grand City Properties SA net assets. Based on the latest financial reports, Grand City Properties SA (GYC) has net assets worth €4.74 Billion EUR (≈ $5.54 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€11.57 Billion ≈ $13.52 Billion USD) and total liabilities (€6.83 Billion ≈ $7.99 Billion 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. Also explore GYC shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.74 Billion |
| % of Total Assets | 40.94% |
| Annual Growth Rate | 50.99% |
| 5-Year Change | -18.79% |
| 10-Year Change | 53.75% |
| Growth Volatility | 115.75 |
Net Assets of Grand City Properties SA (2008–2025)
Net assets of Grand City Properties SA from 2008 to 2025. This chart illustrates how Grand City Properties SA's net assets have evolved over time, based on quarterly financial data. See Grand City Properties SA (GYC) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Grand City Properties SA (2008–2025)
The table below shows the annual net assets of Grand City Properties SA from 2008 to 2025. For live market cap and overall valuation, see GYC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €4.71 Billion ≈ $5.51 Billion |
-12.96% |
| 2024-12-31 | €5.41 Billion ≈ $6.33 Billion |
+3.52% |
| 2023-12-31 | €5.23 Billion ≈ $6.11 Billion |
-11.57% |
| 2022-12-31 | €5.91 Billion ≈ $6.91 Billion |
+1.92% |
| 2021-12-31 | €5.80 Billion ≈ $6.78 Billion |
+4.46% |
| 2020-12-31 | €5.55 Billion ≈ $6.49 Billion |
+11.85% |
| 2019-12-31 | €4.97 Billion ≈ $5.81 Billion |
+6.42% |
| 2018-12-31 | €4.67 Billion ≈ $5.46 Billion |
+21.23% |
| 2017-12-31 | €3.85 Billion ≈ $4.50 Billion |
+25.60% |
| 2016-12-31 | €3.07 Billion ≈ $3.58 Billion |
+41.10% |
| 2015-12-31 | €2.17 Billion ≈ $2.54 Billion |
+108.54% |
| 2014-12-31 | €1.04 Billion ≈ $1.22 Billion |
+35.64% |
| 2013-12-31 | €767.92 Million ≈ $897.79 Million |
+278.39% |
| 2012-12-31 | €202.94 Million ≈ $237.26 Million |
+128.72% |
| 2011-12-31 | €88.73 Million ≈ $103.73 Million |
+104.46% |
| 2010-12-31 | €43.40 Million ≈ $50.74 Million |
+87.55% |
| 2009-12-31 | €23.14 Million ≈ $27.05 Million |
+441.01% |
| 2008-12-31 | €4.28 Million ≈ $5.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grand City Properties SA'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 391331400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Grand City Properties SA Net Assets Breakdown (December 2025)
Grand City Properties SA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.91 Billion | 95.98% |
| Common Stock | €17.62 Million | 0.43% |
| Other Comprehensive Income | €-175.19 Million | -4.30% |
| Other Components | €321.54 Million | 7.89% |
| Total Equity | €4.08 Billion | 100.00% |
Grand City Properties SA Competitors by Market Cap
The table below lists competitors of Grand City Properties SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galecto Inc
NASDAQ:GLTO
|
$1.47 Billion |
|
InfoVision Optoelectronics Kunshan Co Ltd
SHG:688055
|
$1.47 Billion |
|
CMST Development Co Ltd
SHG:600787
|
$1.47 Billion |
|
Bank of Qingdao Co. Ltd
F:4BQ
|
$1.47 Billion |
|
Tong Yang Industry Co Ltd
TW:1319
|
$1.47 Billion |
|
Toyou Feiji Electronics Co Ltd
SHE:300302
|
$1.47 Billion |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
$1.47 Billion |
|
Shenzhen Injoinic Technology Co. Ltd. A
SHG:688209
|
$1.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand City Properties SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,912,645,000 to 4,077,284,000, a change of -835,361,000 (-17.0%).
- Net income of 511,884,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 92,765,001.
- Other factors decreased equity by 1,254,479,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €511.88 Million | +12.55% |
| Other Comprehensive Income | €-92.77 Million | -2.28% |
| Other Changes | €-1.25 Billion | -30.77% |
| Total Change | €- | -17.00% |
Book Value vs Market Value Analysis
This analysis compares Grand City Properties SA'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: 0.39x
- 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 decreased from 88.95x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €0.08 | €7.15 | x |
| 2009-12-31 | €0.43 | €7.15 | x |
| 2010-12-31 | €0.82 | €7.15 | x |
| 2011-12-31 | €1.76 | €7.15 | x |
| 2012-12-31 | €4.19 | €7.15 | x |
| 2013-12-31 | €9.26 | €7.15 | x |
| 2014-12-31 | €7.02 | €7.15 | x |
| 2015-12-31 | €13.84 | €7.15 | x |
| 2016-12-31 | €17.07 | €7.15 | x |
| 2017-12-31 | €19.74 | €7.15 | x |
| 2018-12-31 | €23.89 | €7.15 | x |
| 2019-12-31 | €25.30 | €7.15 | x |
| 2020-12-31 | €27.66 | €7.15 | x |
| 2021-12-31 | €28.57 | €7.15 | x |
| 2022-12-31 | €30.59 | €7.15 | x |
| 2023-12-31 | €20.18 | €7.15 | x |
| 2024-12-31 | €28.42 | €7.15 | x |
| 2025-12-31 | €18.53 | €7.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand City Properties SA 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): 12.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 85.11%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.82x
- Recent ROE (12.55%) is below the historical average (23.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 100.02% | 252.99% | 0.09x | 4.29x | €3.62 Million |
| 2009 | 13.61% | 96.70% | 0.05x | 2.93x | €778.30K |
| 2010 | 46.92% | 184.67% | 0.05x | 4.87x | €15.12 Million |
| 2011 | 66.67% | 222.19% | 0.09x | 3.27x | €49.86 Million |
| 2012 | 44.41% | 136.70% | 0.11x | 3.01x | €63.41 Million |
| 2013 | 32.10% | 133.43% | 0.10x | 2.34x | €155.78 Million |
| 2014 | 21.62% | 88.80% | 0.09x | 2.76x | €110.48 Million |
| 2015 | 17.66% | 107.48% | 0.07x | 2.31x | €155.45 Million |
| 2016 | 19.70% | 127.66% | 0.07x | 2.15x | €278.25 Million |
| 2017 | 16.03% | 112.47% | 0.07x | 2.15x | €210.30 Million |
| 2018 | 12.19% | 95.17% | 0.06x | 2.08x | €93.14 Million |
| 2019 | 9.73% | 78.52% | 0.06x | 2.18x | €-12.32 Million |
| 2020 | 7.87% | 106.07% | 0.03x | 2.16x | €-106.93 Million |
| 2021 | 10.57% | 146.46% | 0.03x | 2.23x | €29.79 Million |
| 2022 | 2.93% | 38.88% | 0.04x | 2.12x | €-370.89 Million |
| 2023 | -14.77% | -84.54% | 0.06x | 3.14x | €-861.57 Million |
| 2024 | 4.86% | 56.54% | 0.04x | 2.28x | €-252.28 Million |
| 2025 | 12.55% | 85.11% | 0.05x | 2.82x | €104.16 Million |
Industry Comparison
This section compares Grand City Properties SA's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $16,870,937,069
- Average return on equity (ROE) among peers: 1.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand City Properties SA (GYC) | €4.74 Billion | 100.02% | 1.44x | $1.47 Billion |
| Grainger PLC (1U4) | $815.60 Million | 10.72% | 1.32x | $1.35 Billion |
| A-LIVING SM.CI.SV. H YC 1 (1V0) | $12.91 Billion | 17.88% | 0.56x | $328.37 Million |
| E-H.(CH)ENT. H. DL-00001 (1VC) | $-7.99 Billion | 0.00% | 0.00x | $10.22 Million |
| RomReal Limited (3RR) | $14.69 Million | -11.53% | 0.04x | $8.39 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $57.53 Billion | 3.56% | 1.35x | $88.40 Million |
| SOHO China Limited (45S) | $37.72 Billion | 1.43% | 0.90x | $164.13 Million |
| CELLN.TELEC.UNSP.ADR/1/2 (4720) | $15.15 Billion | -1.96% | 1.93x | $17.56 Billion |
| SHIMAO SERV.HLDGS HD-01 (5GO) | $7.97 Billion | 1.30% | 0.62x | $91.32 Million |
| SUNAC SERVIC.HLDGS HD-01 (65D) | $6.24 Billion | -6.98% | 0.87x | $250.75 Million |
| COUNTRY GARDEN SVDL-0001 (75H) | $38.35 Billion | 1.57% | 0.87x | $1.87 Billion |
About Grand City Properties SA
Grand City Properties S.A. engages in the residential real estate business in Germany, the United Kingdom, and internationally. It invests in, manages, and rents real estate properties in North Rhine-Westphalia and Berlin; and metropolitan regions of Dresden, Leipzig, and Halle. The company also engages in financing activities. The company was founded in 2004 and is based in Luxembourg, Luxembour… Read more