FOS Capital Ltd
FOS Capital Limited, through its subsidiaries, manufactures and distributes commercial luminaires, outdoor fittings, linear extruded lighting, and architectural lighting solutions in Australia and New Zealand. The company's brand portfolio includes VEKTA PROFILES, FREND Lighting, megabay, formalighting, JSB, Ghm Eclatec, Securlite durable light, Ecopoint by FOS lighting, Luceplan, Aqua, TAL, liti… Read more
FOS Capital Ltd (FOS) - Net Assets
Latest net assets as of December 2025: AU$13.14 Million AUD
Based on the latest financial reports, FOS Capital Ltd (FOS) has net assets worth AU$13.14 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$23.66 Million) and total liabilities (AU$10.52 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$13.14 Million |
| % of Total Assets | 55.52% |
| Annual Growth Rate | 9.74% |
| 5-Year Change | 103.92% |
| 10-Year Change | N/A |
| Growth Volatility | 56.09 |
FOS Capital Ltd - Net Assets Trend (2018–2025)
This chart illustrates how FOS Capital 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 FOS Capital Ltd (2018–2025)
The table below shows the annual net assets of FOS Capital Ltd from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$14.12 Million | +42.41% |
| 2024-06-30 | AU$9.91 Million | +6.73% |
| 2023-06-30 | AU$9.29 Million | +23.18% |
| 2022-06-30 | AU$7.54 Million | +8.91% |
| 2021-06-30 | AU$6.92 Million | +139.37% |
| 2020-06-30 | AU$2.89 Million | +4.45% |
| 2019-06-30 | AU$2.77 Million | -62.41% |
| 2018-06-30 | AU$7.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FOS Capital 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 32.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$4.96 Million | 35.15% |
| Common Stock | AU$9.21 Million | 65.23% |
| Other Comprehensive Income | AU$-54.37K | -0.39% |
| Total Equity | AU$14.12 Million | 100.00% |
FOS Capital Ltd Competitors by Market Cap
The table below lists competitors of FOS Capital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NOVARTIS N (NOT.SG)
STU:NOT
|
$1.33 Million |
|
AGUNG PODOMORO (2AG.SG)
STU:2AG
|
$1.33 Million |
|
ORACLE - Dusseldorf Stock Exchang
DU:ORC
|
$1.33 Million |
|
Asdion Bhd
KLSE:0068
|
$1.33 Million |
|
Nilar International AB
ST:NILAR
|
$1.33 Million |
|
Optima Prima Metal Sinergi
JK:OPMS
|
$1.33 Million |
|
Falmaco Nonwoven Industri PT Tbk
JK:FLMC
|
$1.33 Million |
|
Global Sukses Solusi Tbk PT
JK:RUNS
|
$1.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FOS Capital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,912,690 to 14,116,807, a change of 4,204,117 (42.4%).
- Net income of 932,646 contributed positively to equity growth.
- Dividend payments of 538,061 reduced retained earnings.
- Share repurchases of 3,445,280 reduced equity.
- New share issuances of 3,445,278 increased equity.
- Other comprehensive income increased equity by 22,587.
- Other factors increased equity by 3,786,947.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$932.65K | +6.61% |
| Dividends Paid | AU$538.06K | -3.81% |
| Share Repurchases | AU$3.45 Million | -24.41% |
| Share Issuances | AU$3.45 Million | +24.41% |
| Other Comprehensive Income | AU$22.59K | +0.16% |
| Other Changes | AU$3.79 Million | +26.83% |
| Total Change | AU$- | 42.41% |
Book Value vs Market Value Analysis
This analysis compares FOS Capital 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: 0.50x
- 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 0.80x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | AU$0.16 | AU$0.13 | x |
| 2019-06-30 | AU$0.06 | AU$0.13 | x |
| 2020-06-30 | AU$0.06 | AU$0.13 | x |
| 2021-06-30 | AU$0.21 | AU$0.13 | x |
| 2022-06-30 | AU$0.16 | AU$0.13 | x |
| 2023-06-30 | AU$0.18 | AU$0.13 | x |
| 2024-06-30 | AU$0.18 | AU$0.13 | x |
| 2025-06-30 | AU$0.26 | AU$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FOS Capital Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.66%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.82x
- Recent ROE (6.61%) is above the historical average (6.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 2.19% | 2.55% | 0.75x | 1.14x | AU$-571.86K |
| 2019 | 11.01% | 7.17% | 1.07x | 1.43x | AU$27.90K |
| 2020 | 4.26% | 2.22% | 1.14x | 1.69x | AU$-166.14K |
| 2021 | 10.72% | 9.10% | 0.74x | 1.59x | AU$49.82K |
| 2022 | 4.63% | 2.58% | 1.15x | 1.56x | AU$-405.02K |
| 2023 | 6.29% | 3.41% | 1.26x | 1.47x | AU$-344.80K |
| 2024 | 6.38% | 2.58% | 1.13x | 2.20x | AU$-359.11K |
| 2025 | 6.61% | 3.66% | 0.99x | 1.82x | AU$-479.03K |
Industry Comparison
This section compares FOS Capital Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $9,270,469
- Average return on equity (ROE) among peers: -84.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FOS Capital Ltd (FOS) | AU$13.14 Million | 2.19% | 0.80x | $1.33 Million |
| ChemX Materials Ltd (CMX) | $6.69 Million | -62.49% | 0.19x | $260.10K |
| Excelsior Capital Ltd (ECL) | $7.08 Million | 8.93% | 0.88x | $6.18 Million |
| PPK Group Ltd (PPK) | $30.26 Million | 5.95% | 0.59x | $8.85 Million |
| Rectifier Technologies Ltd (RFT) | $1.95 Million | -40.56% | 1.87x | $1.22 Million |
| Redflow Ltd (RFX) | $9.78 Million | -135.45% | 0.75x | $14.09 Million |
| SKS Technologies Group Ltd (SKS) | $8.19 Million | -19.48% | 2.26x | $169.63 Million |
| ZIMI Ltd (ZMM) | $932.29K | -348.91% | 2.03x | $1.04 Million |