Chorus Ltd

AU:CNU Australia Telecom Services
Market Cap
$2.04 Billion
AU$3.30 Billion AUD
Market Cap Rank
#4911 Global
#43 in Australia
Share Price
AU$7.61
Change (1 day)
+0.79%
52-Week Range
AU$7.03 - AU$8.91
All Time High
AU$8.91
Categories
Companies in Australia Telecom Services
About

Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers wholesale broadband, data, and voice services. The company also builds and maintains a network of fiber and copper cables, ducts, poles, network electronics, and cabinets. In addition, it provides value-added network services; physical storage and… Read more

Chorus Ltd (CNU) - Net Assets

Latest net assets as of June 2025: AU$567.00 Million AUD

Based on the latest financial reports, Chorus Ltd (CNU) has net assets worth AU$567.00 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$6.09 Billion) and total liabilities (AU$5.52 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$567.00 Million
% of Total Assets 9.31%
Annual Growth Rate -0.97%
5-Year Change -42.67%
10-Year Change -34.9%
Growth Volatility 31.05

Chorus Ltd - Net Assets Trend (2011–2025)

This chart illustrates how Chorus 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 Chorus Ltd (2011–2025)

The table below shows the annual net assets of Chorus Ltd from 2011 to 2025.

Year Net Assets Change
2025-06-30 AU$567.00 Million -32.58%
2024-06-30 AU$841.00 Million -20.88%
2023-06-30 AU$1.06 Billion +3.30%
2022-06-30 AU$1.03 Billion +4.04%
2021-06-30 AU$989.00 Million +6.69%
2020-06-30 AU$927.00 Million -5.31%
2019-06-30 AU$979.00 Million -4.21%
2018-06-30 AU$1.02 Billion +8.26%
2017-06-30 AU$944.00 Million +8.38%
2016-06-30 AU$871.00 Million +6.35%
2015-06-30 AU$819.00 Million -57.25%
2014-06-30 AU$1.92 Billion +26.64%
2013-06-30 AU$1.51 Billion +25.66%
2012-06-30 AU$1.20 Billion +85.23%
2011-06-30 AU$650.00 Million --

Equity Component Analysis

This analysis shows how different components contribute to Chorus 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 27800000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$578.00 Million 101.94%
Other Comprehensive Income AU$267.00 Million 47.09%
Total Equity AU$567.00 Million 100.00%

Chorus Ltd Competitors by Market Cap

The table below lists competitors of Chorus Ltd ranked by their market capitalization.

Company Market Cap
Fluidra S.A
OTCGREY:FLUIF
 		$2.04 Billion
Fletcher Building Ltd PK
PINK:FCREY
 		$2.04 Billion
ATL. BRV. HLDG. C DL-,001
F:E450
 		$2.05 Billion
Optowide Technologies Co. Ltd. A
SHG:688195
 		$2.05 Billion
Guizhou Space Appliance Co Ltd
SHE:002025
 		$2.04 Billion
OPERAD.D.SIT.MEX.A1 -01
F:98Y
 		$2.04 Billion
DXC Technology Co
NYSE:DXC
 		$2.04 Billion
North Navigation Control Technology Co Ltd
SHG:600435
 		$2.04 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 841,000,000 to 567,000,000, a change of -274,000,000 (-32.6%).
  • Net income of 4,000,000 contributed positively to equity growth.
  • Dividend payments of 223,000,000 reduced retained earnings.
  • Share repurchases of 1,000,000 reduced equity.
  • Other comprehensive income decreased equity by 55,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$4.00 Million +0.71%
Dividends Paid AU$223.00 Million -39.33%
Share Repurchases AU$1.00 Million -0.18%
Other Comprehensive Income AU$-55.00 Million -9.7%
Other Changes AU$1.00 Million +0.18%
Total Change AU$- -32.58%

Book Value vs Market Value Analysis

This analysis compares Chorus 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: 7.25x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 6.94x to 7.25x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-06-30 AU$1.10 AU$7.61 x
2012-06-30 AU$1.13 AU$7.61 x
2013-06-30 AU$1.10 AU$7.61 x
2014-06-30 AU$0.97 AU$7.61 x
2015-06-30 AU$1.75 AU$7.61 x
2016-06-30 AU$1.84 AU$7.61 x
2017-06-30 AU$1.94 AU$7.61 x
2018-06-30 AU$1.94 AU$7.61 x
2019-06-30 AU$1.83 AU$7.61 x
2020-06-30 AU$1.71 AU$7.61 x
2021-06-30 AU$1.70 AU$7.61 x
2022-06-30 AU$1.78 AU$7.61 x
2023-06-30 AU$1.92 AU$7.61 x
2024-06-30 AU$1.93 AU$7.61 x
2025-06-30 AU$1.05 AU$7.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chorus 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): 0.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.42%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 10.74x
  • Recent ROE (0.71%) is below the historical average (11.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 23.45% 16.64% 0.21x 6.74x AU$58.50 Million
2013 38.26% 16.18% 0.32x 7.46x AU$126.30 Million
2014 31.83% 15.29% 0.26x 7.92x AU$101.50 Million
2015 11.11% 9.12% 0.26x 4.69x AU$9.10 Million
2016 10.45% 9.08% 0.24x 4.70x AU$3.90 Million
2017 11.97% 10.87% 0.23x 4.70x AU$18.60 Million
2018 8.32% 8.59% 0.20x 4.90x AU$-17.20 Million
2019 5.41% 5.92% 0.16x 5.74x AU$-44.90 Million
2020 5.61% 5.42% 0.17x 6.09x AU$-40.70 Million
2021 4.75% 5.35% 0.15x 5.93x AU$-51.90 Million
2022 6.22% 6.63% 0.17x 5.68x AU$-38.90 Million
2023 2.35% 2.55% 0.16x 5.80x AU$-81.30 Million
2024 -1.07% -0.89% 0.17x 7.15x AU$-93.10 Million
2025 0.71% 0.42% 0.16x 10.74x AU$-52.70 Million

Industry Comparison

This section compares Chorus Ltd's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $23,595,454
  • Average return on equity (ROE) among peers: -14.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Chorus Ltd (CNU) AU$567.00 Million 23.45% 9.74x $2.04 Billion
Pentanet Ltd (5GG) $2.56 Million -85.36% 0.94x $4.53 Million
Aussie Broadband Ltd (ABB) $-3.42 Million 0.00% 0.00x $694.23 Million
Field Solutions Holdings Ltd (FSG) $5.19 Million -19.16% 0.19x $4.62 Million
Hubify Ltd (HFY) $10.18 Million -18.93% 0.72x $1.79 Million
Hutchison Telecommunications (Australia) Ltd (HTA) $186.26 Million 6.54% 0.44x $1.16 Million
Norwood Systems Ltd (NOR) $2.73 Million -27.26% 0.02x $1.96 Million
Spacetalk Ltd (SPA) $647.90K 39.66% 1.98x $2.88 Million
Spirit Technology Solutions Ltd (ST1) $5.86 Million -35.04% 0.06x $15.83 Million
Swoop Holdings Ltd (SWP) $2.34 Million 11.80% 0.39x $10.24 Million