Australian Agricultural Company Ltd (AAC) - Net Assets
Based on the latest financial reports, Australian Agricultural Company Ltd (AAC) has net assets worth AU$1.64 Billion AUD (≈ $1.16 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.57 Billion ≈ $1.82 Billion USD) and total liabilities (AU$930.75 Million ≈ $658.56 Million 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. Check AAC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.64 Billion |
| % of Total Assets | 63.74% |
| Annual Growth Rate | 10.73% |
| 5-Year Change | 47.83% |
| 10-Year Change | 74.27% |
| Growth Volatility | 17.82 |
Australian Agricultural Company Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Australian Agricultural Company Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Australian Agricultural Company Ltd for the complete picture of this company's asset base.
Annual Net Assets for Australian Agricultural Company Ltd (2001–2025)
The table below shows the annual net assets of Australian Agricultural Company Ltd from 2001 to 2025. For live valuation and market cap data, see AAC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | AU$1.54 Billion ≈ $1.09 Billion |
+1.80% |
| 2024-03-31 | AU$1.52 Billion ≈ $1.07 Billion |
-2.89% |
| 2023-03-31 | AU$1.56 Billion ≈ $1.11 Billion |
+14.64% |
| 2022-03-31 | AU$1.36 Billion ≈ $964.11 Million |
+30.44% |
| 2021-03-31 | AU$1.04 Billion ≈ $739.14 Million |
+14.37% |
| 2020-03-31 | AU$913.39 Million ≈ $646.28 Million |
+8.27% |
| 2019-03-31 | AU$843.66 Million ≈ $596.94 Million |
-13.69% |
| 2018-03-31 | AU$977.52 Million ≈ $691.66 Million |
-3.95% |
| 2017-03-31 | AU$1.02 Billion ≈ $720.12 Million |
+14.85% |
| 2016-03-31 | AU$886.14 Million ≈ $627.00 Million |
+16.25% |
| 2015-03-31 | AU$762.30 Million ≈ $539.37 Million |
+1.94% |
| 2014-03-31 | AU$747.78 Million ≈ $529.10 Million |
+17.09% |
| 2013-03-31 | AU$638.64 Million ≈ $451.88 Million |
-4.96% |
| 2012-03-31 | AU$671.99 Million ≈ $475.47 Million |
+13.39% |
| 2011-03-31 | AU$592.63 Million ≈ $419.33 Million |
-8.13% |
| 2010-03-31 | AU$645.11 Million ≈ $456.46 Million |
-8.53% |
| 2009-03-31 | AU$705.25 Million ≈ $499.01 Million |
-2.80% |
| 2008-03-31 | AU$725.56 Million ≈ $513.38 Million |
+24.59% |
| 2007-03-31 | AU$582.37 Million ≈ $412.06 Million |
+4.24% |
| 2006-03-31 | AU$558.68 Million ≈ $395.30 Million |
+38.85% |
| 2005-03-31 | AU$402.36 Million ≈ $284.70 Million |
+2.96% |
| 2004-03-31 | AU$390.78 Million ≈ $276.50 Million |
+27.25% |
| 2003-03-31 | AU$307.09 Million ≈ $217.29 Million |
+59.21% |
| 2002-03-31 | AU$192.88 Million ≈ $136.48 Million |
+44.24% |
| 2001-03-31 | AU$133.72 Million ≈ $94.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Australian Agricultural Company Ltd'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 decreased by 95.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$2.83 Million | 0.18% |
| Common Stock | AU$528.82 Million | 34.24% |
| Other Comprehensive Income | AU$1.01 Billion | 65.57% |
| Total Equity | AU$1.54 Billion | 100.00% |
Australian Agricultural Company Ltd Competitors by Market Cap
The table below lists competitors of Australian Agricultural Company Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energiekontor AG
F:EKT
|
$554.63 Million |
|
Shanghai Tianchen Co Ltd
SHG:600620
|
$554.66 Million |
|
CEVA Inc
NASDAQ:CEVA
|
$554.81 Million |
|
Invesco Trust For Inv Grade Munis
NYSE:VGM
|
$555.34 Million |
|
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd
SHE:300478
|
$554.42 Million |
|
SENCO GOLD LTD
NSE:SENCO
|
$554.36 Million |
|
EGing Photovoltaic Technology Co Ltd
SHG:600537
|
$554.29 Million |
|
Jiangsu Baoli Asphalt
SHE:300135
|
$554.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Australian Agricultural Company Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,516,882,000 to 1,544,240,000, a change of 27,358,000 (1.8%).
- Net loss of 1,053,000 reduced equity.
- Other comprehensive income increased equity by 28,411,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.05 Million | -0.07% |
| Other Comprehensive Income | AU$28.41 Million | +1.84% |
| Total Change | AU$- | 1.80% |
Book Value vs Market Value Analysis
This analysis compares Australian Agricultural Company Ltd'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: 0.50x
- 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 5.23x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-03-31 | AU$0.25 | AU$1.30 | x |
| 2002-03-31 | AU$0.36 | AU$1.30 | x |
| 2003-03-31 | AU$0.57 | AU$1.30 | x |
| 2004-03-31 | AU$0.00 | AU$1.30 | x |
| 2005-03-31 | AU$0.75 | AU$1.30 | x |
| 2006-03-31 | AU$1.04 | AU$1.30 | x |
| 2007-03-31 | AU$1.08 | AU$1.30 | x |
| 2008-03-31 | AU$1.35 | AU$1.30 | x |
| 2009-03-31 | AU$1.31 | AU$1.30 | x |
| 2010-03-31 | AU$1.20 | AU$1.30 | x |
| 2011-03-31 | AU$1.10 | AU$1.30 | x |
| 2012-03-31 | AU$1.25 | AU$1.30 | x |
| 2013-03-31 | AU$1.19 | AU$1.30 | x |
| 2014-03-31 | AU$1.75 | AU$1.30 | x |
| 2015-03-31 | AU$1.43 | AU$1.30 | x |
| 2016-03-31 | AU$1.52 | AU$1.30 | x |
| 2017-03-31 | AU$1.78 | AU$1.30 | x |
| 2018-03-31 | AU$1.66 | AU$1.30 | x |
| 2019-03-31 | AU$1.41 | AU$1.30 | x |
| 2020-03-31 | AU$1.53 | AU$1.30 | x |
| 2021-03-31 | AU$1.75 | AU$1.30 | x |
| 2022-03-31 | AU$2.28 | AU$1.30 | x |
| 2023-03-31 | AU$2.61 | AU$1.30 | x |
| 2024-03-31 | AU$2.54 | AU$1.30 | x |
| 2025-03-31 | AU$2.58 | AU$1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Australian Agricultural Company Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.27%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.57x
- Recent ROE (-0.07%) is above the historical average (-0.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.14% | 0.30% | 0.28x | 1.72x | AU$-18.97 Million |
| 2003 | 0.30% | 1.21% | 0.15x | 1.60x | AU$-29.83 Million |
| 2004 | 0.00% | 0.14% | 0.25x | 0.00x | AU$240.30K |
| 2005 | 1.10% | 5.60% | 0.10x | 2.01x | AU$-35.80 Million |
| 2006 | 3.00% | 38.31% | 0.05x | 1.69x | AU$-39.07 Million |
| 2007 | 1.74% | 12.47% | 0.07x | 1.87x | AU$-48.12 Million |
| 2008 | 0.50% | 3.34% | 0.08x | 1.79x | AU$-68.91 Million |
| 2009 | -5.49% | -35.16% | 0.08x | 1.90x | AU$-109.24 Million |
| 2010 | -8.33% | -40.11% | 0.12x | 1.68x | AU$-118.25 Million |
| 2011 | 0.15% | 0.34% | 0.24x | 1.81x | AU$-58.36 Million |
| 2012 | 1.57% | 2.78% | 0.33x | 1.73x | AU$-56.67 Million |
| 2013 | -1.32% | -2.60% | 0.28x | 1.83x | AU$-72.27 Million |
| 2014 | -5.34% | -12.38% | 0.29x | 1.47x | AU$-114.68 Million |
| 2015 | 1.26% | 2.77% | 0.29x | 1.59x | AU$-66.61 Million |
| 2016 | 7.65% | 13.86% | 0.35x | 1.56x | AU$-20.81 Million |
| 2017 | 7.03% | 16.02% | 0.29x | 1.52x | AU$-30.19 Million |
| 2018 | -10.49% | -27.01% | 0.26x | 1.50x | AU$-200.31 Million |
| 2019 | -17.59% | -40.76% | 0.27x | 1.58x | AU$-232.76 Million |
| 2020 | 3.43% | 9.37% | 0.23x | 1.62x | AU$-60.02 Million |
| 2021 | 4.35% | 17.13% | 0.16x | 1.56x | AU$-58.99 Million |
| 2022 | 10.05% | 49.60% | 0.13x | 1.54x | AU$673.00K |
| 2023 | 0.30% | 1.47% | 0.13x | 1.55x | AU$-151.60 Million |
| 2024 | -6.24% | -28.15% | 0.14x | 1.56x | AU$-246.31 Million |
| 2025 | -0.07% | -0.27% | 0.16x | 1.57x | AU$-155.48 Million |
Industry Comparison
This section compares Australian Agricultural Company Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $323,898,731
- Average return on equity (ROE) among peers: -51.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Australian Agricultural Company Ltd (AAC) | AU$1.64 Billion | 0.14% | 0.57x | $554.44 Million |
| Australian Agricultural Projects Ltd (AAP) | $4.49 Million | -10.24% | 1.92x | $15.65 Million |
| Clean Seas Seafood Ltd (CSS) | $23.28 Million | -148.03% | 0.25x | $20.02 Million |
| Duxton Farms Ltd (DBF) | $75.38 Million | -1.94% | 0.47x | $46.24 Million |
| Elders Ltd (ELD) | $695.64 Million | -0.73% | 1.63x | $1.09 Billion |
| Farm Pride Foods Ltd (FRM) | $9.36 Million | -211.28% | 5.27x | $36.74 Million |
| Graincorp Ltd (GNC) | $1.86 Billion | 6.73% | 0.93x | $992.51 Million |
| Inghams Group Ltd (ING) | $-1.20 Million | 0.00% | 0.00x | $478.64 Million |
| Lynch Group Holdings Ltd (LGL) | $242.75 Million | 8.07% | 0.60x | $189.75 Million |
| Murray Cod Australia Ltd (MCA) | $4.98 Million | -108.76% | 0.01x | $23.01 Million |
About Australian Agricultural Company Ltd
Australian Agricultural Company Limited engages in the production of cattle and beef in Australia. The company is involved in production of beef, including breeding, backgrounding, and feedlotting; sales and marketing beef into global markets; and ownership, operation, and development of pastoral properties. It provides its products under the Westholme and the Darling Downs brands. The company al… Read more