Cettire Ltd (CTT) - Net Assets
Based on the latest financial reports, Cettire Ltd (CTT) has net assets worth AU$35.81 Million AUD (≈ $25.34 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$124.32 Million ≈ $87.96 Million USD) and total liabilities (AU$88.51 Million ≈ $62.63 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 financial resilience of Cettire Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$35.81 Million |
| % of Total Assets | 28.81% |
| Annual Growth Rate | 98.06% |
| 5-Year Change | 0.13% |
| 10-Year Change | N/A |
| Growth Volatility | 1179.72 |
Cettire Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Cettire Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Cettire Ltd for the complete picture of this company's asset base.
Annual Net Assets for Cettire Ltd (2016–2024)
The table below shows the annual net assets of Cettire Ltd from 2016 to 2024. For live valuation and market cap data, see Cettire Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$35.81 Million ≈ $25.34 Million |
-0.73% |
| 2023-12-31 | AU$36.07 Million ≈ $25.52 Million |
+9.31% |
| 2022-12-31 | AU$33.00 Million ≈ $23.35 Million |
+91.98% |
| 2021-12-31 | AU$17.19 Million ≈ $12.16 Million |
-51.94% |
| 2020-12-31 | AU$35.76 Million ≈ $25.30 Million |
+4.14% |
| 2019-12-31 | AU$34.34 Million ≈ $24.30 Million |
+3610.82% |
| 2018-12-31 | AU$925.40K ≈ $654.78K |
+133.57% |
| 2017-12-31 | AU$396.20K ≈ $280.34K |
+162.01% |
| 2016-12-31 | AU$151.22K ≈ $107.00K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cettire 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 306069200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$2.70 Million | 7.54% |
| Common Stock | AU$181.69 Million | 507.38% |
| Other Comprehensive Income | AU$-148.58 Million | -414.92% |
| Total Equity | AU$35.81 Million | 100.00% |
Cettire Ltd Competitors by Market Cap
The table below lists competitors of Cettire Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pamel Yenilenebilir Elektrik Uretim AS
IS:PAMEL
|
$62.05 Million |
|
Lesico Ltd
TA:LSCO
|
$62.06 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$62.06 Million |
|
Dreamus Company
KQ:060570
|
$62.09 Million |
|
Sherritt International Corporation
TO:S
|
$62.04 Million |
|
Pinetree Capital Ltd
TO:PNP
|
$62.00 Million |
|
ENERGY&MACHINERY KOREA Co.Ltd
KQ:095190
|
$61.99 Million |
|
Atlas Resources Tbk
JK:ARII
|
$61.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cettire Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,072,046 to 35,810,456, a change of -261,590 (-0.7%).
- Net loss of 2,645,786 reduced equity.
- Other comprehensive income decreased equity by 2,102,829.
- Other factors increased equity by 4,487,025.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.65 Million | -7.39% |
| Other Comprehensive Income | AU$-2.10 Million | -5.87% |
| Other Changes | AU$4.49 Million | +12.53% |
| Total Change | AU$- | -0.73% |
Book Value vs Market Value Analysis
This analysis compares Cettire 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: 2.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | AU$0.00 | AU$0.23 | x |
| 2017-12-31 | AU$0.00 | AU$0.23 | x |
| 2018-12-31 | AU$0.00 | AU$0.23 | x |
| 2019-12-31 | AU$0.09 | AU$0.23 | x |
| 2020-12-31 | AU$0.09 | AU$0.23 | x |
| 2021-12-31 | AU$0.05 | AU$0.23 | x |
| 2022-12-31 | AU$0.09 | AU$0.23 | x |
| 2023-12-31 | AU$0.09 | AU$0.23 | x |
| 2024-12-31 | AU$0.09 | AU$0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cettire Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.36%
- • Asset Turnover: 5.97x
- • Equity Multiplier: 3.47x
- Recent ROE (-7.39%) is below the historical average (-4.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-86.77K |
| 2017 | 0.00% | -177.06% | 0.25x | 0.00x | AU$-940.06K |
| 2018 | 0.00% | -14.64% | 1.50x | 0.00x | AU$-835.15K |
| 2019 | 4.46% | 6.70% | 0.56x | 1.19x | AU$-1.90 Million |
| 2020 | -0.70% | -0.27% | 1.60x | 1.62x | AU$-3.83 Million |
| 2021 | -110.90% | -9.08% | 3.86x | 3.16x | AU$-20.78 Million |
| 2022 | 48.38% | 3.84% | 4.13x | 3.05x | AU$12.67 Million |
| 2023 | 29.04% | 1.41% | 5.29x | 3.89x | AU$6.87 Million |
| 2024 | -7.39% | -0.36% | 5.97x | 3.47x | AU$-6.23 Million |
Industry Comparison
This section compares Cettire Ltd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $114,170,375
- Average return on equity (ROE) among peers: 22.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cettire Ltd (CTT) | AU$35.81 Million | 0.00% | 2.47x | $62.04 Million |
| Atlas Pearls Ltd (ATP) | $12.03 Million | 20.56% | 0.43x | $31.07 Million |
| Michael Hill International Ltd (MHJ) | $216.32 Million | 23.94% | 1.62x | $106.20 Million |
About Cettire Ltd
Cettire Limited engages in the online luxury goods retailing business in Australia, the United States, and internationally. It provides clothing, shoes, bags, and accessories. The company was incorporated in 2020 and is headquartered in Melbourne, Australia.