Auswide Bank Ltd
Auswide Bank Ltd provides various personal and business banking products and services in Australia. It accepts deposits, including call deposits, term deposits, certificates of deposit, and savings accounts, as well as business access, pension, cash management, mortgage offset, and self-managed superannuation fund accounts; and provides loans comprising home, personal, car, and home renovation lo… Read more
Auswide Bank Ltd (ABA) - Net Assets
Latest net assets as of June 2024: AU$289.79 Million AUD
Based on the latest financial reports, Auswide Bank Ltd (ABA) has net assets worth AU$289.79 Million AUD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$5.26 Billion) and total liabilities (AU$4.97 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$289.79 Million |
| % of Total Assets | 5.51% |
| Annual Growth Rate | 9.38% |
| 5-Year Change | 19.73% |
| 10-Year Change | 44.9% |
| Growth Volatility | 17.39 |
Auswide Bank Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Auswide Bank Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Auswide Bank Ltd (1994–2024)
The table below shows the annual net assets of Auswide Bank Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$289.79 Million | -1.39% |
| 2023-06-30 | AU$293.88 Million | +4.19% |
| 2022-06-30 | AU$282.06 Million | +9.95% |
| 2021-06-30 | AU$256.54 Million | +5.99% |
| 2020-06-30 | AU$242.04 Million | +1.48% |
| 2019-06-30 | AU$238.50 Million | +0.74% |
| 2018-06-30 | AU$236.74 Million | +5.83% |
| 2017-06-30 | AU$223.71 Million | +3.26% |
| 2016-06-30 | AU$216.66 Million | +8.33% |
| 2015-06-30 | AU$199.99 Million | +2.05% |
| 2014-06-30 | AU$195.98 Million | +4.84% |
| 2013-06-30 | AU$186.92 Million | -5.89% |
| 2012-06-30 | AU$198.62 Million | +2.02% |
| 2011-06-30 | AU$194.70 Million | +21.24% |
| 2010-06-30 | AU$160.59 Million | +6.36% |
| 2009-06-30 | AU$150.98 Million | +7.82% |
| 2008-06-30 | AU$140.03 Million | +51.35% |
| 2007-06-30 | AU$92.52 Million | +4.71% |
| 2006-06-30 | AU$88.36 Million | +6.89% |
| 2005-06-30 | AU$82.66 Million | +3.57% |
| 2004-06-30 | AU$79.81 Million | -0.15% |
| 2003-06-30 | AU$79.93 Million | +4.06% |
| 2002-06-30 | AU$76.80 Million | +82.18% |
| 2001-06-30 | AU$42.16 Million | +7.80% |
| 2000-06-30 | AU$39.11 Million | +30.81% |
| 1999-06-30 | AU$29.90 Million | +7.60% |
| 1998-06-30 | AU$27.79 Million | +7.78% |
| 1997-06-30 | AU$25.78 Million | -7.25% |
| 1996-06-30 | AU$27.80 Million | +25.17% |
| 1995-06-30 | AU$22.21 Million | +12.91% |
| 1994-06-30 | AU$19.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Auswide Bank 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 grown by 2733.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$56.27 Million | 19.42% |
| Common Stock | AU$215.60 Million | 74.40% |
| Other Comprehensive Income | AU$17.91 Million | 6.18% |
| Total Equity | AU$289.79 Million | 100.00% |
Auswide Bank Ltd Competitors by Market Cap
The table below lists competitors of Auswide Bank Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASOS Plc
PINK:ASOMF
|
$125.44 Million |
|
Banvida
SN:BANVIDA
|
$125.47 Million |
|
Jiangshan Oupai Door Industry Co Ltd
SHG:603208
|
$125.47 Million |
|
SYNLAB AG
HM:SYAB
|
$125.49 Million |
|
Qingdao Richen Food Co Ltd
SHG:603755
|
$125.40 Million |
|
StealthGas Inc
NASDAQ:GASS
|
$125.36 Million |
|
DOHOME
BK:DOHOME-R
|
$125.36 Million |
|
West Coast Paper Mills Limited
NSE:WSTCSTPAPR
|
$125.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Auswide Bank Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 293,878,000 to 289,785,000, a change of -4,093,000 (-1.4%).
- Net income of 11,231,000 contributed positively to equity growth.
- Dividend payments of 11,523,000 reduced retained earnings.
- Share repurchases of 143,000 reduced equity.
- New share issuances of 249,000 increased equity.
- Other comprehensive income decreased equity by 4,358,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$11.23 Million | +3.88% |
| Dividends Paid | AU$11.52 Million | -3.98% |
| Share Repurchases | AU$143.00K | -0.05% |
| Share Issuances | AU$249.00K | +0.09% |
| Other Comprehensive Income | AU$-4.36 Million | -1.5% |
| Other Changes | AU$451.00K | +0.16% |
| Total Change | AU$- | -1.39% |
Book Value vs Market Value Analysis
This analysis compares Auswide Bank 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: 0.82x
- 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 3.88x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-06-30 | AU$1.32 | AU$5.11 | x |
| 1995-06-30 | AU$1.43 | AU$5.11 | x |
| 1996-06-30 | AU$1.74 | AU$5.11 | x |
| 1997-06-30 | AU$1.57 | AU$5.11 | x |
| 1998-06-30 | AU$1.64 | AU$5.11 | x |
| 1999-06-30 | AU$1.73 | AU$5.11 | x |
| 2000-06-30 | AU$2.07 | AU$5.11 | x |
| 2001-06-30 | AU$2.10 | AU$5.11 | x |
| 2002-06-30 | AU$3.82 | AU$5.11 | x |
| 2003-06-30 | AU$3.95 | AU$5.11 | x |
| 2004-06-30 | AU$3.93 | AU$5.11 | x |
| 2005-06-30 | AU$4.05 | AU$5.11 | x |
| 2006-06-30 | AU$4.31 | AU$5.11 | x |
| 2007-06-30 | AU$4.04 | AU$5.11 | x |
| 2008-06-30 | AU$5.23 | AU$5.11 | x |
| 2009-06-30 | AU$5.01 | AU$5.11 | x |
| 2010-06-30 | AU$5.09 | AU$5.11 | x |
| 2011-06-30 | AU$5.71 | AU$5.11 | x |
| 2012-06-30 | AU$5.57 | AU$5.11 | x |
| 2013-06-30 | AU$5.17 | AU$5.11 | x |
| 2014-06-30 | AU$5.40 | AU$5.11 | x |
| 2015-06-30 | AU$5.44 | AU$5.11 | x |
| 2016-06-30 | AU$5.78 | AU$5.11 | x |
| 2017-06-30 | AU$5.48 | AU$5.11 | x |
| 2018-06-30 | AU$5.67 | AU$5.11 | x |
| 2019-06-30 | AU$5.66 | AU$5.11 | x |
| 2020-06-30 | AU$5.73 | AU$5.11 | x |
| 2021-06-30 | AU$6.02 | AU$5.11 | x |
| 2022-06-30 | AU$6.53 | AU$5.11 | x |
| 2023-06-30 | AU$6.52 | AU$5.11 | x |
| 2024-06-30 | AU$6.25 | AU$5.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Auswide Bank Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.05%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 18.15x
- Recent ROE (3.88%) is below the historical average (6.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -0.01% | 0.00% | -0.06x | 16.67x | AU$-2.78 Million |
| 1997 | -0.12% | 0.00% | -0.05x | 22.88x | AU$-2.60 Million |
| 1998 | 0.02% | 0.00% | -0.04x | 22.87x | AU$-2.77 Million |
| 1999 | -0.17% | 0.00% | -0.04x | 24.84x | AU$-3.03 Million |
| 2000 | -0.19% | 0.00% | -0.04x | 23.63x | AU$-3.99 Million |
| 2001 | 2.90% | 0.00% | -0.08x | 13.84x | AU$-2.99 Million |
| 2002 | 0.14% | 0.55% | 0.03x | 8.01x | AU$-7.60 Million |
| 2003 | 0.06% | 0.21% | 0.03x | 9.56x | AU$-7.98 Million |
| 2004 | 0.07% | 0.22% | 0.03x | 10.49x | AU$-7.96 Million |
| 2005 | 0.05% | 0.11% | 0.04x | 10.71x | AU$-8.27 Million |
| 2006 | 16.31% | 37.03% | 0.02x | 18.53x | AU$5.60 Million |
| 2007 | 15.97% | 35.07% | 0.02x | 18.64x | AU$5.55 Million |
| 2008 | 12.93% | 38.72% | 0.02x | 16.21x | AU$4.11 Million |
| 2009 | 11.26% | 31.45% | 0.02x | 16.37x | AU$1.91 Million |
| 2010 | 13.85% | 38.85% | 0.02x | 16.92x | AU$6.20 Million |
| 2011 | 11.62% | 41.75% | 0.02x | 13.88x | AU$3.15 Million |
| 2012 | 9.56% | 35.83% | 0.02x | 13.54x | AU$-871.99K |
| 2013 | 1.31% | 6.08% | 0.02x | 14.29x | AU$-16.25 Million |
| 2014 | 7.17% | 23.62% | 0.02x | 13.44x | AU$-5.54 Million |
| 2015 | 6.63% | 22.18% | 0.02x | 13.59x | AU$-6.74 Million |
| 2016 | 5.40% | 18.40% | 0.02x | 14.18x | AU$-9.97 Million |
| 2017 | 6.81% | 22.85% | 0.02x | 14.79x | AU$-7.09 Million |
| 2018 | 7.56% | 25.90% | 0.02x | 14.15x | AU$-5.79 Million |
| 2019 | 7.21% | 24.06% | 0.02x | 15.11x | AU$-6.65 Million |
| 2020 | 7.65% | 13.58% | 0.04x | 15.66x | AU$-5.70 Million |
| 2021 | 9.42% | 19.90% | 0.03x | 16.21x | AU$-1.50 Million |
| 2022 | 9.26% | 22.08% | 0.03x | 15.97x | AU$-2.07 Million |
| 2023 | 8.53% | 12.48% | 0.04x | 17.22x | AU$-4.32 Million |
| 2024 | 3.88% | 18.05% | 0.01x | 18.15x | AU$-17.75 Million |
Industry Comparison
This section compares Auswide Bank Ltd's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $5,195,672,833
- Average return on equity (ROE) among peers: 2.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Auswide Bank Ltd (ABA) | AU$289.79 Million | -0.01% | 17.15x | $125.43 Million |
| BNK Banking Corporation Ltd (BBC) | $220.87 Million | -0.18% | 0.00x | $11.38 Million |
| Bendigo and Adelaide Bank Ltd (BEN) | $288.36 Million | 7.39% | 16.04x | $3.48 Billion |
| BSP Financial Group Ltd (BFL) | $29.94 Billion | 3.59% | 0.02x | $1.53 Billion |
| Bank of Queensland Ltd (BOQ) | $66.21 Million | 10.91% | 0.95x | $2.79 Billion |
| Judo Capital Holdings Ltd (JDO) | $543.02 Million | -9.36% | 3.50x | $883.94 Million |
| Mystate Ltd (MYS) | $120.20 Million | 0.00% | 13.20x | $427.20 Million |