|
![]() |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Union Properties (الإتحاد العقارية) Headquarters P.O. Box 24649, Union Properties Building, Dubai Investments Park, Green Community, Jebel Ali Dubai.; Dubai; Northern Emirates |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational Financial Auditors: KPMG (2012) Incorporation Date: October 28, 1993 Total Employees: 9,110 Tel: 971 48851555 |
|
Company Description |
|
Union Properties PJSC (UP), one of the United Arab Emirates’ leading property investment developers, started as Union Property Private Limited in 1987 and floated as a public limited company in 1993. UP delivers superior and comprehensive range of developments with a project portfolio of some of the most unique landmark commercial, residential and leisure developments in the country, acknowledged internationally. The Company acts as a holding company to its subsidiaries, and offers property |
||
|
||
Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues increased with 71.69%, from AED 2,868,299 thousands to AED 4,924,586 thousands. The results of the period decreased -2.66% reaching AED -1,569,924 thousands at the end of the period against AED -1,529,277 thousands last year. Return on equity (Net income/Total equity) went from -38.65% to -65.77%, the Return On Asset (Net income / Total Asset) went from -10.27% to -17.11% and the Net Profit Margin (Net Income/Net Sales) went from -53.32% to -31.88% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 284.49% compared to 276.26% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.07 to 0.76 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
|
|||||
Companies with Similar Main Activities |

|
|
2012 Y (cons) |
2011 Y (cons) |
|
![]() | ||
| Audited | Audited | |
![]() | ||
| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
![]() | ||
| Unit | Thousands | Thousands |
![]() | ||
![]() | ||
Total Assets |
9,091,899 |
9,177,768 |
![]() | ||
Current Assets |
2,540,681 |
2,592,448 |
![]() | ||
Total Liabilities |
6,529,034 |
6,790,773 |
![]() | ||
Shareholders Equity |
2,562,865 |
2,386,995 |
![]() | ||
Current Liabilities |
3,133,763 |
3,414,343 |
![]() | ||
| * All the accounts are in AED. | ||
![]() | ||
Total Operating Revenue |
1,642,258 |
4,924,586 |
![]() | ||
Net Profit (Loss) |
175,789 |
-1,569,924 |
![]() | ||
| * All the accounts are in AED. | ||
| Profitability Ratios | ||
![]() | ||
Return on Assets (ROA) |
1.93% |
-17.11% |
![]() | ||
Annualised Return on Assets (ROA) |
1.93% |
-17.11% |
![]() | ||
Return on Equity (ROE) |
6.86% |
-65.77% |
![]() | ||
Annualised Return on Equity (ROE) |
7.36% |
-39.68% |
![]() | ||
Return on Sales (ROS) |
10.7% |
-31.88% |
![]() | ||
Gross Profit Margin |
185.18% |
184.95% |
| Efficiency Ratios | ||
![]() | ||
Accounts Receivable Turnover |
0.78x |
2.24x |
![]() | ||
Inventory Turnover |
49.51x |
117.42x |
![]() | ||
Current asset turnover |
0.65x |
1.90x |
![]() | ||
Fixed-asset turnover |
0.25x |
0.75x |
![]() | ||
Asset Turnover |
0.18x |
0.54x |
| Valuation figures and ratios | ||
![]() | ||
EBITDA |
161,410 |
359,910 |
![]() | ||
Enterprise value |
7,510,574 |
7,345,684 |
![]() | ||
Enterprise Value / EBITDA |
46.53 |
20.41 |
![]() | ||
Bookvalue (BV) |
2,562,570 |
2,346,219 |
![]() | ||
Net Cash |
-6,301,567 |
-6,556,004 |
| Liquidity Ratios | ||
![]() | ||
Current Ratio |
81.07% |
75.93% |
![]() | ||
Quick ratio |
80.02% |
74.7% |
![]() | ||
Doom's day ratio |
7.26% |
6.88% |
| Leverage Ratios | ||
![]() | ||
Leverage ratio |
354.76% |
384.49% |
![]() | ||
Debt to equity |
254.76% |
284.49% |
![]() | ||
Debt to total assets |
71.81% |
73.99% |
![]() | ||
Long Term Debt to Capital |
56.99% |
58.58% |
| Market ratios | ||
![]() | ||
Market Capitalization/EBITDA |
7.49 |
2.19 |
![]() | ||
Market Cap / Net cash |
-0.19 |
-0.12 |
| Trend Ratios | ||
![]() | ||
Revenue Trend |
33.35% |
171.69% |
![]() | ||
Net Income Trend |
-11.2% |
102.66% |
![]() | ||