Acorn Capital Investment Fund Ltd (ACQ) - Net Assets

Latest as of December 2025: AU$112.76 Million AUD ≈ $79.78 Million USD

Based on the latest financial reports, Acorn Capital Investment Fund Ltd (ACQ) has net assets worth AU$112.76 Million AUD (≈ $79.78 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$120.67 Million ≈ $85.38 Million USD) and total liabilities (AU$7.92 Million ≈ $5.60 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 ACQ cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$112.76 Million
% of Total Assets	93.44%
Annual Growth Rate	6.51%
5-Year Change	1.16%
10-Year Change	93.46%
Growth Volatility	19.0

Acorn Capital Investment Fund Ltd - Net Assets Trend (2014–2025)

This chart illustrates how Acorn Capital Investment Fund Ltd's net assets have evolved over time, based on quarterly financial data. Also explore ACQ current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Acorn Capital Investment Fund Ltd (2014–2025)

The table below shows the annual net assets of Acorn Capital Investment Fund Ltd from 2014 to 2025. For live valuation and market cap data, see market value of Acorn Capital Investment Fund Ltd.

Year	Net Assets	Change
2025-06-30	AU$99.58 Million ≈ $70.46 Million	+5.51%
2024-06-30	AU$94.37 Million ≈ $66.77 Million	-2.98%
2023-06-30	AU$97.27 Million ≈ $68.83 Million	-2.95%
2022-06-30	AU$100.23 Million ≈ $70.92 Million	+1.83%
2021-06-30	AU$98.43 Million ≈ $69.65 Million	+60.51%
2020-06-30	AU$61.32 Million ≈ $43.39 Million	-2.02%
2019-06-30	AU$62.59 Million ≈ $44.29 Million	-6.03%
2018-06-30	AU$66.61 Million ≈ $47.13 Million	+27.67%
2017-06-30	AU$52.17 Million ≈ $36.92 Million	+1.37%
2016-06-30	AU$51.47 Million ≈ $36.42 Million	+10.04%
2015-06-30	AU$46.77 Million ≈ $33.09 Million	-5.95%
2014-06-30	AU$49.73 Million ≈ $35.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Acorn Capital Investment Fund 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 6944.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$101.19 Million	101.62%
Other Comprehensive Income	AU$30.15 Million	30.28%
Total Equity	AU$99.58 Million	100.00%

Acorn Capital Investment Fund Ltd Competitors by Market Cap

The table below lists competitors of Acorn Capital Investment Fund Ltd ranked by their market capitalization.

Company	Market Cap
Mr. Blue Corporation KQ:207760	$57.23 Million
News Network Corporation Public Company Limited BK:NEWS	$57.24 Million
PTL Enterprises Limited NSE:PTL	$57.25 Million
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS IS:FRIGO	$57.27 Million
Khaitan Chemicals & Fertilizers Limited NSE:KHAICHEM	$57.20 Million
Hoang Quan Consulting Trading Service Real Estate Corp VN:HQC	$57.18 Million
Enablence Technologies Inc V:ENA	$57.16 Million
Unigold Inc. V:UGD	$57.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Acorn Capital Investment Fund Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 94,373,000 to 99,576,000, a change of 5,203,000 (5.5%).
Net income of 9,672,000 contributed positively to equity growth.
Dividend payments of 4,470,000 reduced retained earnings.
Other comprehensive income increased equity by 4,768,000.
Other factors decreased equity by 4,767,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$9.67 Million	+9.71%
Dividends Paid	AU$4.47 Million	-4.49%
Other Comprehensive Income	AU$4.77 Million	+4.79%
Other Changes	AU$-4.77 Million	-4.79%
Total Change	AU$-	5.51%

Book Value vs Market Value Analysis

This analysis compares Acorn Capital Investment Fund 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: 0.81x
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 1.29x to 0.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-06-30	AU$0.70	AU$0.90	x
2015-06-30	AU$0.93	AU$0.90	x
2016-06-30	AU$1.04	AU$0.90	x
2017-06-30	AU$1.07	AU$0.90	x
2018-06-30	AU$1.27	AU$0.90	x
2019-06-30	AU$1.18	AU$0.90	x
2020-06-30	AU$1.09	AU$0.90	x
2021-06-30	AU$1.52	AU$0.90	x
2022-06-30	AU$1.27	AU$0.90	x
2023-06-30	AU$1.13	AU$0.90	x
2024-06-30	AU$1.07	AU$0.90	x
2025-06-30	AU$1.12	AU$0.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Acorn Capital Investment Fund 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): 9.71%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 62.50%
• Asset Turnover: 0.15x
• Equity Multiplier: 1.01x
Recent ROE (9.71%) is above the historical average (4.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	0.93%	50.38%	0.02x	1.04x	AU$-4.51 Million
2015	-6.32%	0.00%	-0.07x	1.02x	AU$-7.64 Million
2016	12.08%	67.06%	0.17x	1.06x	AU$1.07 Million
2017	4.80%	57.15%	0.08x	1.04x	AU$-2.71 Million
2018	17.87%	66.87%	0.24x	1.11x	AU$5.24 Million
2019	-0.91%	0.00%	-0.01x	1.05x	AU$-6.83 Million
2020	3.33%	56.29%	0.06x	1.06x	AU$-4.09 Million
2021	27.28%	90.70%	0.26x	1.17x	AU$17.00 Million
2022	-16.95%	-93.41%	0.17x	1.04x	AU$-27.01 Million
2023	3.12%	0.00%	-0.07x	1.02x	AU$-6.69 Million
2024	1.87%	48.74%	0.04x	1.01x	AU$-7.67 Million
2025	9.71%	62.50%	0.15x	1.01x	AU$-285.60K

Industry Comparison

This section compares Acorn Capital Investment Fund Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $677,046,275
Average return on equity (ROE) among peers: 1.01%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Acorn Capital Investment Fund Ltd (ACQ)	AU$112.76 Million	0.93%	0.07x	$57.22 Million
Australian Ethical Investment Ltd (AEF)	$26.75 Million	24.58%	0.77x	$314.92 Million
Australian Foundation Investment Company Ltd (AFI)	$2.01 Billion	5.14%	0.13x	$5.89 Billion
Alternative Investment Trust (AIQ)	$0.00	0.00%	0.00x	$33.32 Million
Argo Global Listed Infrastructure Ltd (ALI)	$320.48 Million	-2.91%	0.03x	$298.12 Million
Amcil Ltd (AMH)	$3.45 Billion	-1.39%	0.80x	$206.63 Million
Associate Global Partners Ltd (APL)	$-15.33 Million	0.00%	0.00x	$11.51 Million
Ariadne Australia Ltd (ARA)	$59.71 Million	8.64%	0.74x	$66.00 Million
ARC Funds Ltd (ARC)	$5.68 Million	-37.27%	0.47x	$3.65 Million
Argo Investments Ltd (ARG)	$236.53 Million	12.30%	0.07x	$4.70 Billion

About Acorn Capital Investment Fund Ltd

AU:ACQ Australia Asset Management

Market Cap

$57.22 Million

AU$80.87 Million AUD

Market Cap Rank

#21373 Global

#764 in Australia

Share Price

AU$0.90

Change (1 day)

+0.00%

52-Week Range

AU$0.71 - AU$1.04

All Time High

AU$1.40