Ashley Services Group Ltd

AU:ASH Australia Staffing & Employment Services
Market Cap
$19.89 Million
AU$32.11 Million AUD
Market Cap Rank
#30594 Global
#891 in Australia
Share Price
AU$0.22
Change (1 day)
+2.33%
52-Week Range
AU$0.14 - AU$0.28
All Time High
AU$0.72
Categories
Companies in Australia Staffing & Employment Services
About

Ashley Services Group Limited provides labor hire, recruitment, and training services in Australia. The company offers labor hiring services for supply chain and warehousing, transport and logistics, e-commerce, defense, merchandising, layout services, rail, construction, manufacturing, and horticulture. It also provides technical services across various industries, including construction, engine… Read more

Ashley Services Group Ltd (ASH) - Net Assets

Latest net assets as of June 2025: AU$31.12 Million AUD

Based on the latest financial reports, Ashley Services Group Ltd (ASH) has net assets worth AU$31.12 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$86.58 Million) and total liabilities (AU$55.45 Million). 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$31.12 Million
% of Total Assets 35.95%
Annual Growth Rate -8.19%
5-Year Change 11.33%
10-Year Change 14.85%
Growth Volatility 196.98

Ashley Services Group Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Ashley Services Group 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 Ashley Services Group Ltd (1997–2025)

The table below shows the annual net assets of Ashley Services Group Ltd from 1997 to 2025.

Year Net Assets Change
2025-06-30 AU$31.12 Million +2.22%
2024-06-30 AU$30.45 Million -11.14%
2023-06-30 AU$34.27 Million +8.65%
2022-06-30 AU$31.54 Million +12.81%
2021-06-30 AU$27.96 Million +8.23%
2020-06-30 AU$25.83 Million -2.98%
2019-06-30 AU$26.62 Million +7.36%
2018-06-30 AU$24.80 Million +23.93%
2017-06-30 AU$20.01 Million -26.16%
2016-06-30 AU$27.10 Million -73.66%
2015-06-30 AU$102.88 Million +17.17%
2014-06-30 AU$87.80 Million +792.91%
2013-06-30 AU$9.83 Million -96.37%
2000-06-30 AU$271.19 Million -19.06%
1999-06-30 AU$335.04 Million +27.10%
1998-06-30 AU$263.61 Million -22.66%
1997-06-30 AU$340.85 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ashley Services Group 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 172.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$148.81 Million 478.14%
Other Comprehensive Income AU$-59.26 Million -190.40%
Total Equity AU$31.12 Million 100.00%

Ashley Services Group Ltd Competitors by Market Cap

The table below lists competitors of Ashley Services Group Ltd ranked by their market capitalization.

Company Market Cap
ZAUIF
PINK:ZAUIF
 		$6.04 Million
Tenet Fintech Group Inc
PINK:PKKFF
 		$6.05 Million
Maggie Beer Holdings Ltd
AU:MBH
 		$6.05 Million
QUAN.BL.TECH.PLC LS-0025
F:BYA1
 		$6.05 Million
FMS Enterprises Migun Ltd
TA:FBRT
 		$6.04 Million
The Peria Karamalai Tea & Produce Company Limited
NSE:PKTEA
 		$6.04 Million
Simris Alg AB (publ)
ST:SIMRIS-B
 		$6.04 Million
TC Traders Club Ltda
SA:TRAD3
 		$6.03 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ashley Services Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 30,449,000 to 31,124,000, a change of 675,000 (2.2%).
  • Net income of 2,172,000 contributed positively to equity growth.
  • Dividend payments of 1,497,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$2.17 Million +6.98%
Dividends Paid AU$1.50 Million -4.81%
Total Change AU$- 2.22%

Book Value vs Market Value Analysis

This analysis compares Ashley Services Group 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: 1.07x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.63x to 1.07x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-06-30 AU$0.35 AU$0.22 x
2014-06-30 AU$3.12 AU$0.22 x
2015-06-30 AU$0.73 AU$0.22 x
2016-06-30 AU$0.18 AU$0.22 x
2017-06-30 AU$0.14 AU$0.22 x
2018-06-30 AU$0.17 AU$0.22 x
2019-06-30 AU$0.18 AU$0.22 x
2020-06-30 AU$0.18 AU$0.22 x
2021-06-30 AU$0.19 AU$0.22 x
2022-06-30 AU$0.22 AU$0.22 x
2023-06-30 AU$0.23 AU$0.22 x
2024-06-30 AU$0.20 AU$0.22 x
2025-06-30 AU$0.20 AU$0.22 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ashley Services Group 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): 6.98%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.42%
  • • Asset Turnover: 5.96x
  • • Equity Multiplier: 2.78x
  • Recent ROE (6.98%) is above the historical average (-4.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 6.11% 11.33% 0.27x 1.98x AU$-13.12 Million
1998 -24.10% -35.34% 0.32x 2.13x AU$-87.75 Million
1999 3.52% 5.35% 0.36x 1.83x AU$-21.33 Million
2000 -16.56% -18.14% 0.45x 2.04x AU$-71.57 Million
2013 29.68% 2.74% 2.18x 4.96x AU$1.93 Million
2014 10.40% 3.65% 1.77x 1.61x AU$348.00K
2015 13.29% 4.50% 2.20x 1.35x AU$3.39 Million
2016 -247.66% -24.24% 4.87x 2.10x AU$-69.83 Million
2017 -27.16% -1.73% 7.10x 2.21x AU$-7.44 Million
2018 19.31% 1.44% 7.09x 1.89x AU$2.31 Million
2019 20.37% 1.89% 6.35x 1.70x AU$2.76 Million
2020 18.07% 1.39% 5.92x 2.20x AU$2.08 Million
2021 32.66% 2.38% 5.47x 2.50x AU$6.35 Million
2022 35.86% 2.52% 5.49x 2.59x AU$8.16 Million
2023 31.90% 1.97% 4.89x 3.32x AU$7.41 Million
2024 4.43% 0.24% 6.18x 2.96x AU$-1.69 Million
2025 6.98% 0.42% 5.96x 2.78x AU$-940.40K

Industry Comparison

This section compares Ashley Services Group Ltd's net assets metrics with peer companies in the Staffing & Employment Services industry.

Industry Context

  • Industry: Staffing & Employment Services
  • Average net assets among peers: $21,230,542
  • Average return on equity (ROE) among peers: -39.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ashley Services Group Ltd (ASH) AU$31.12 Million 6.11% 1.78x $6.04 Million
GO2 People Ltd (GO2) $1.35 Million -156.69% 8.18x $734.82K
Hitech Group Australia Ltd (HIT) $6.32 Million 57.56% 0.76x $8.14 Million
Hiremii Ltd (HMI) $1.24 Million -124.01% 3.77x $994.30K
Ignite Ltd (IGN) $24.53 Million -46.17% 0.92x $1.77 Million
Mcmillan Shakespeare Ltd (MMS) $57.40 Million 35.75% 0.30x $491.30 Million
Peoplein Ltd (PPE) $36.53 Million -5.74% 0.73x $38.45 Million