New Horizon Group Ltd
New Horizon Group Ltd. develops and invests in real estate properties in the United States, Romania, Poland, and Latvia. It develops residential and commercial properties. The company was formerly known as Unami Shiluvim Enterprise and Development Ltd. and changed its name to New Horizon Group Ltd. in February 2007. New Horizon Group Ltd. was founded in 1979 and is based in Ramat Gan, Israel.
New Horizon Group Ltd (NERZ) - Total Assets
Latest total assets as of June 2019: ILA4.65 Million ILA
Based on the latest financial reports, New Horizon Group Ltd (NERZ) holds total assets worth ILA4.65 Million ILA as of June 2019.
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.
New Horizon Group Ltd - Total Assets Trend (2005–2018)
This chart illustrates how New Horizon Group Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
New Horizon Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2018)
New Horizon Group Ltd's total assets of ILA4.65 Million consist of 0.4% current assets and 99.6% non-current assets.
| Asset Category | Amount (ILA) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ILA0.00 | 0.1% |
| Accounts Receivable | ILA10.00K | 0.2% |
| Inventory | ILA0.00 | 0.0% |
| Property, Plant & Equipment | ILA0.00 | 0.0% |
| Intangible Assets | ILA0.00 | 0.0% |
| Goodwill | ILA0.00 | 0.0% |
Asset Composition Trend (2005–2018)
This chart illustrates how New Horizon Group 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: New Horizon Group Ltd's current assets represent 0.4% of total assets in 2018, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2018, down from 24.9% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
New Horizon Group Ltd Competitors by Total Assets
Key competitors of New Horizon Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
SANGBO Corp
KQ:027580
|
Korea | ₩98.38 Billion |
|
Inzi Display Co.Ltd
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Korea | ₩543.17 Billion |
|
e-LITECOM CO. Ltd
KQ:041520
|
Korea | ₩182.96 Billion |
|
BioSmart Co.Ltd
KQ:038460
|
Korea | ₩287.99 Billion |
|
CoAsia Corporation
KQ:045970
|
Korea | ₩372.79 Billion |
|
Powerlogics Co. Ltd
KQ:047310
|
Korea | ₩371.76 Billion |
|
Phoenix Materials Co. Ltd
KQ:050090
|
Korea | ₩15.70 Billion |
|
CammSys Corp
KQ:050110
|
Korea | ₩206.13 Billion |
New Horizon Group 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
Lower asset utilization - New Horizon Group Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - New Horizon Group Ltd is currently not profitable relative to its asset base.
New Horizon Group 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 | 0.00 | 0.00 | 0.00 |
| Quick Ratio | 0.00 | 0.00 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ILA-22.72 Million | ILA -21.80 Million | ILA -15.64 Million |
New Horizon Group Ltd - Advanced Valuation Insights
This section examines the relationship between New Horizon Group 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 | - |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 8.9% |
| Total Assets | ILA4.43 Million |
| Market Capitalization | $572.27K USD |
Valuation Analysis
Below Book Valuation: The market values New Horizon Group Ltd's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: New Horizon Group Ltd's assets grew by 8.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for New Horizon Group Ltd (2005–2018)
The table below shows the annual total assets of New Horizon Group Ltd from 2005 to 2018.
| Year | Total Assets | Change |
|---|---|---|
| 2018-12-31 | ILA4.43 Million | +8.88% |
| 2017-12-31 | ILA4.07 Million | -21.44% |
| 2016-12-31 | ILA5.18 Million | -66.46% |
| 2015-12-31 | ILA15.43 Million | -27.04% |
| 2014-12-31 | ILA21.15 Million | -49.16% |
| 2013-12-31 | ILA41.61 Million | -61.79% |
| 2012-12-31 | ILA108.88 Million | +1.17% |
| 2011-12-31 | ILA107.62 Million | -10.96% |
| 2010-12-31 | ILA120.86 Million | -15.90% |
| 2009-12-31 | ILA143.71 Million | -13.85% |
| 2008-12-31 | ILA166.82 Million | +395.72% |
| 2006-12-31 | ILA33.65 Million | +4459.76% |
| 2005-12-31 | ILA738.00K | -- |