Hagag Europe Development ZF Ltd

TA:HGGE Israel Real Estate - Development
Market Cap
$222.34 Million
ILA82.93 Billion ILA
Market Cap Rank
#33889 Global
#180 in Israel
Share Price
ILA1401.00
Change (1 day)
-0.92%
52-Week Range
ILA657.30 - ILA1466.00
All Time High
ILA2184.00
About

Hagag Europe Development Z.F. Ltd engages in the investment and development of real estate properties in Romania. Its projects include residential, office, and commercial projects. The company was incorporated in 2017 and is based in Tel Aviv, Israel.

Hagag Europe Development ZF Ltd (HGGE) - Total Assets

Latest total assets as of September 2025: ILA226.65 Million ILA

Based on the latest financial reports, Hagag Europe Development ZF Ltd (HGGE) holds total assets worth ILA226.65 Million ILA as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Hagag Europe Development ZF Ltd - Total Assets Trend (2016–2024)

This chart illustrates how Hagag Europe Development ZF Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Hagag Europe Development ZF Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Hagag Europe Development ZF Ltd's total assets of ILA226.65 Million consist of 48.3% current assets and 51.7% non-current assets.

Asset Category Amount (ILA) % of Total Assets
Cash & Equivalents ILA0.00 7.5%
Accounts Receivable ILA3.29 Million 1.8%
Inventory ILA56.50 Million 31.2%
Property, Plant & Equipment ILA0.00 0.0%
Intangible Assets ILA0.00 0.0%
Goodwill ILA0.00 0.0%

Asset Composition Trend (2016–2024)

This chart illustrates how Hagag Europe Development ZF Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Hagag Europe Development ZF Ltd's current assets represent 48.3% of total assets in 2024, an increase from 45.8% in 2016.
  • Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, up from 0.4% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 31.2% of total assets.

Hagag Europe Development ZF Ltd Competitors by Total Assets

Key competitors of Hagag Europe Development ZF Ltd based on total assets are shown below.

Company Country Total Assets
Kee Tai Properties Co Ltd
TW:2538
Taiwan NT$17.72 Billion
Hung Sheng Construction Ltd
TW:2534
Taiwan NT$31.48 Billion
Villa Kunalai Public Company Limited
BK:KUN
Thailand ฿2.84 Billion
China Vanke Co Ltd Class A
SHE:000002
China CN¥1.14 Trillion
Shenzhen Zhenye Group Co Ltd
SHE:000006
China CN¥17.27 Billion
Shahe Industry Co Ltd
SHE:000014
China CN¥2.33 Billion
Grandjoy Holdings Group Co Ltd
SHE:000031
China CN¥167.28 Billion
China Union Holdings Ltd
SHE:000036
China CN¥7.64 Billion

Hagag Europe Development ZF Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 0.19

Lower asset utilization - Hagag Europe Development ZF Ltd generates 0.03x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -4.19% - 8.98%

Negative ROA - Hagag Europe Development ZF Ltd is currently not profitable relative to its asset base.

Hagag Europe Development ZF Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.97 1.99 0.98
Quick Ratio 0.34 0.83 0.25
Cash Ratio 0.00 0.00 0.00
Working Capital ILA-3.83 Million ILA 44.31 Million ILA -1.18 Million

Hagag Europe Development ZF Ltd - Advanced Valuation Insights

This section examines the relationship between Hagag Europe Development ZF Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 4.69
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 9.6%
Total Assets ILA181.28 Million
Market Capitalization $2.27 Million USD

Valuation Analysis

Below Book Valuation: The market values Hagag Europe Development ZF Ltd's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Hagag Europe Development ZF Ltd's assets grew by 9.6% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Hagag Europe Development ZF Ltd (2016–2024)

The table below shows the annual total assets of Hagag Europe Development ZF Ltd from 2016 to 2024.

Year Total Assets Change
2024-12-31 ILA181.28 Million +9.62%
2023-12-31 ILA165.38 Million +10.36%
2022-12-31 ILA149.86 Million +1.88%
2021-12-31 ILA147.10 Million +19.75%
2020-12-31 ILA122.84 Million +71.28%
2019-12-31 ILA71.72 Million +76.05%
2018-12-31 ILA40.74 Million +169.04%
2017-12-31 ILA15.14 Million +1487.21%
2016-12-31 ILA954.00K --