COG Financial Services Ltd (COG) - Net Assets

Latest as of December 2025: AU$201.53 Million AUD ≈ $142.59 Million USD

Based on the latest financial reports, COG Financial Services Ltd (COG) has net assets worth AU$201.53 Million AUD (≈ $142.59 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$738.00 Million ≈ $522.18 Million USD) and total liabilities (AU$536.47 Million ≈ $379.59 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 COG Financial Services Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$201.53 Million
% of Total Assets	27.31%
Annual Growth Rate	11.45%
5-Year Change	8.88%
10-Year Change	132.83%
Growth Volatility	111.75

COG Financial Services Ltd - Net Assets Trend (2002–2025)

This chart illustrates how COG Financial Services Ltd's net assets have evolved over time, based on quarterly financial data. Also explore COG Financial Services Ltd total assets for the complete picture of this company's asset base.

Annual Net Assets for COG Financial Services Ltd (2002–2025)

The table below shows the annual net assets of COG Financial Services Ltd from 2002 to 2025. For live valuation and market cap data, see COG company net worth.

Year	Net Assets	Change
2025-06-30	AU$206.51 Million ≈ $146.12 Million	+1.41%
2024-06-30	AU$203.63 Million ≈ $144.08 Million	-5.05%
2023-06-30	AU$214.47 Million ≈ $151.75 Million	+3.30%
2022-06-30	AU$207.62 Million ≈ $146.90 Million	+9.47%
2021-06-30	AU$189.66 Million ≈ $134.20 Million	-1.42%
2020-06-30	AU$192.39 Million ≈ $136.13 Million	-3.31%
2019-06-30	AU$198.97 Million ≈ $140.79 Million	+4.79%
2018-06-30	AU$189.88 Million ≈ $134.35 Million	+0.44%
2017-06-30	AU$189.04 Million ≈ $133.76 Million	+113.14%
2016-06-30	AU$88.69 Million ≈ $62.76 Million	+56.12%
2015-06-30	AU$56.81 Million ≈ $40.20 Million	+54.05%
2014-06-30	AU$36.88 Million ≈ $26.09 Million	+73.44%
2013-06-30	AU$21.26 Million ≈ $15.05 Million	+4.46%
2012-06-30	AU$20.36 Million ≈ $14.40 Million	+26.54%
2011-06-30	AU$16.09 Million ≈ $11.38 Million	+509.59%
2010-06-30	AU$2.64 Million ≈ $1.87 Million	-46.18%
2009-06-30	AU$4.90 Million ≈ $3.47 Million	-92.40%
2008-06-30	AU$64.50 Million ≈ $45.64 Million	-29.15%
2007-06-30	AU$91.05 Million ≈ $64.42 Million	+158.38%
2006-06-30	AU$35.24 Million ≈ $24.93 Million	+21.01%
2005-06-30	AU$29.12 Million ≈ $20.60 Million	+17.03%
2004-06-30	AU$24.88 Million ≈ $17.61 Million	+43.85%
2003-06-30	AU$17.30 Million ≈ $12.24 Million	+1.31%
2002-06-30	AU$17.08 Million ≈ $12.08 Million	--

Equity Component Analysis

This analysis shows how different components contribute to COG Financial Services 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 911430.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$292.00 Million	192.01%
Other Comprehensive Income	AU$-48.79 Million	-32.08%
Total Equity	AU$152.08 Million	100.00%

COG Financial Services Ltd Competitors by Market Cap

The table below lists competitors of COG Financial Services Ltd ranked by their market capitalization.

Company	Market Cap
Sukgyung AT Co. Ltd. KQ:357550	$210.62 Million
Antalpha Platform Holding Co NASDAQ:ANTA	$210.67 Million
Micro Contact Solution Co. Ltd KQ:098120	$210.69 Million
Kardan Israel Ltd TA:KRDI	$210.71 Million
Alfen Beheer BV AS:ALFEN	$210.60 Million
AudioCodes Ltd TA:AUDC	$210.58 Million
Nasmed Ozel Saglik Hizmetleri Ticaret AS IS:EGEPO	$210.54 Million
ZongTai Real Estate Development Co Ltd TW:3056	$210.45 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 151,685,000 to 152,081,000, a change of 396,000 (0.3%).
Net income of 18,775,000 contributed positively to equity growth.
Dividend payments of 14,697,000 reduced retained earnings.
Share repurchases of 4,411,000 reduced equity.
New share issuances of 4,411,000 increased equity.
Other comprehensive income decreased equity by 33,268,000.
Other factors increased equity by 29,586,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$18.77 Million	+12.35%
Dividends Paid	AU$14.70 Million	-9.66%
Share Repurchases	AU$4.41 Million	-2.9%
Share Issuances	AU$4.41 Million	+2.9%
Other Comprehensive Income	AU$-33.27 Million	-21.88%
Other Changes	AU$29.59 Million	+19.45%
Total Change	AU$-	0.26%

Book Value vs Market Value Analysis

This analysis compares COG Financial Services 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: 1.84x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 2.00x to 1.84x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-06-30	AU$0.70	AU$1.41	x
2003-06-30	AU$6.88	AU$1.41	x
2004-06-30	AU$8.24	AU$1.41	x
2005-06-30	AU$7.94	AU$1.41	x
2006-06-30	AU$8.09	AU$1.41	x
2007-06-30	AU$13.68	AU$1.41	x
2008-06-30	AU$5.33	AU$1.41	x
2009-06-30	AU$0.41	AU$1.41	x
2010-06-30	AU$0.23	AU$1.41	x
2011-06-30	AU$1.16	AU$1.41	x
2012-06-30	AU$1.24	AU$1.41	x
2013-06-30	AU$1.22	AU$1.41	x
2014-06-30	AU$1.72	AU$1.41	x
2015-06-30	AU$1.99	AU$1.41	x
2016-06-30	AU$1.78	AU$1.41	x
2017-06-30	AU$1.88	AU$1.41	x
2018-06-30	AU$1.34	AU$1.41	x
2019-06-30	AU$1.33	AU$1.41	x
2020-06-30	AU$1.18	AU$1.41	x
2021-06-30	AU$0.94	AU$1.41	x
2022-06-30	AU$0.95	AU$1.41	x
2023-06-30	AU$0.87	AU$1.41	x
2024-06-30	AU$0.79	AU$1.41	x
2025-06-30	AU$0.76	AU$1.41	x

Capital Efficiency Dashboard

This dashboard shows how efficiently COG Financial Services 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): 12.35%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.11%
• Asset Turnover: 0.53x
• Equity Multiplier: 4.57x
Recent ROE (12.35%) is above the historical average (-51.96%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	1.22%	10.71%	0.04x	3.22x	AU$-1.52 Million
2004	8.59%	13.73%	0.25x	2.47x	AU$-349.86K
2005	10.94%	0.46%	22.89x	1.05x	AU$275.13K
2006	9.06%	0.62%	10.22x	1.44x	AU$-330.77K
2007	3.79%	29.09%	0.06x	2.14x	AU$-5.66 Million
2008	-36.88%	-6.08%	4.84x	1.25x	AU$-30.24 Million
2009	-1215.49%	-1402.24%	0.73x	1.19x	AU$-60.09 Million
2010	-85.82%	0.00%	-0.10x	1.23x	AU$-2.53 Million
2011	64.64%	2997.68%	0.02x	1.02x	AU$8.79 Million
2012	-10.09%	-18.67%	0.33x	1.63x	AU$-4.74 Million
2013	-2.39%	-5.58%	0.32x	1.33x	AU$-3.07 Million
2014	9.91%	107.85%	0.09x	1.03x	AU$-32.87K
2015	13.73%	88.63%	0.15x	1.01x	AU$2.12 Million
2016	16.02%	87.19%	0.17x	1.05x	AU$5.34 Million
2017	-0.99%	-2.11%	0.33x	1.43x	AU$-19.19 Million
2018	2.19%	2.32%	0.53x	1.79x	AU$-13.63 Million
2019	2.41%	1.98%	0.64x	1.90x	AU$-13.51 Million
2020	-5.77%	-4.65%	0.66x	1.87x	AU$-27.46 Million
2021	-17.32%	-9.85%	0.56x	3.13x	AU$-41.61 Million
2022	11.52%	6.14%	0.62x	3.03x	AU$2.59 Million
2023	4.91%	2.20%	0.62x	3.62x	AU$-8.34 Million
2024	8.47%	3.55%	0.53x	4.53x	AU$-2.32 Million
2025	12.35%	5.11%	0.53x	4.57x	AU$3.57 Million

Industry Comparison

This section compares COG Financial Services Ltd's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $479,544,857
Average return on equity (ROE) among peers: -12.47%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
COG Financial Services Ltd (COG)	AU$201.53 Million	1.22%	2.66x	$210.61 Million
Australian Bond Exchange Holdings Ltd (ABE)	$-823.37K	0.00%	0.00x	$1.12 Million
ALANDEQGRP FPO (AEG)	$-682.53K	0.00%	0.00x	$22.36 Million
Asf Group Ltd (AFA)	$6.61 Million	-4.04%	2.36x	$31.40 Million
Bell Financial Group Ltd (BFG)	$521.98 Million	1.31%	0.03x	$306.38 Million
Computershare Ltd (CPU)	$3.76 Billion	5.03%	1.36x	$12.58 Billion
Equity Story Group Ltd (EQS)	$5.49 Million	-9.77%	0.03x	$7.64 Million
Fatfish Group Ltd (FFG)	$1.81 Million	-7.40%	0.02x	$7.69 Million
Finexia Financial Group Ltd (FNX)	$5.50 Million	-56.77%	0.58x	$7.94 Million
HUB24 Ltd (HUB)	$20.75 Million	-40.59%	0.04x	$4.79 Billion

About COG Financial Services Ltd

AU:COG Australia Capital Markets

Market Cap

$210.61 Million

AU$297.66 Million AUD

Market Cap Rank

#16343 Global

#465 in Australia

Share Price

AU$1.41

Change (1 day)

+3.31%

52-Week Range

AU$1.16 - AU$2.42

All Time High

AU$2.42