Finbar Group Ltd (FRI) - Net Assets
Based on the latest financial reports, Finbar Group Ltd (FRI) has net assets worth AU$254.24 Million AUD (≈ $179.89 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$328.96 Million ≈ $232.76 Million USD) and total liabilities (AU$74.71 Million ≈ $52.86 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 how resilient are Finbar Group Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$254.24 Million |
| % of Total Assets | 77.29% |
| Annual Growth Rate | N/A |
| 5-Year Change | 2.66% |
| 10-Year Change | 9.35% |
| Growth Volatility | 69.38 |
Finbar Group Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Finbar Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore FRI total asset value for the complete picture of this company's asset base.
Annual Net Assets for Finbar Group Ltd (1989–2025)
The table below shows the annual net assets of Finbar Group Ltd from 1989 to 2025. For live valuation and market cap data, see FRI market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$249.10 Million ≈ $176.26 Million |
-2.88% |
| 2024-06-30 | AU$256.50 Million ≈ $181.49 Million |
+6.84% |
| 2023-06-30 | AU$240.07 Million ≈ $169.87 Million |
-1.10% |
| 2022-06-30 | AU$242.73 Million ≈ $171.75 Million |
+0.04% |
| 2021-06-30 | AU$242.64 Million ≈ $171.68 Million |
+0.29% |
| 2020-06-30 | AU$241.94 Million ≈ $171.19 Million |
-2.63% |
| 2019-06-30 | AU$248.48 Million ≈ $175.81 Million |
-1.46% |
| 2018-06-30 | AU$252.17 Million ≈ $178.42 Million |
+16.49% |
| 2017-06-30 | AU$216.47 Million ≈ $153.17 Million |
-4.97% |
| 2016-06-30 | AU$227.80 Million ≈ $161.18 Million |
-4.32% |
| 2015-06-30 | AU$238.09 Million ≈ $168.47 Million |
-0.24% |
| 2014-06-30 | AU$238.68 Million ≈ $168.88 Million |
+15.97% |
| 2013-06-30 | AU$205.80 Million ≈ $145.62 Million |
+9.22% |
| 2012-06-30 | AU$188.42 Million ≈ $133.32 Million |
+8.02% |
| 2011-06-30 | AU$174.43 Million ≈ $123.42 Million |
+56.43% |
| 2010-06-30 | AU$111.51 Million ≈ $78.90 Million |
+44.44% |
| 2009-06-30 | AU$77.20 Million ≈ $54.63 Million |
+14.61% |
| 2008-06-30 | AU$67.36 Million ≈ $47.66 Million |
+12.65% |
| 2007-06-30 | AU$59.80 Million ≈ $42.31 Million |
+22.05% |
| 2006-06-30 | AU$48.99 Million ≈ $34.67 Million |
+29.24% |
| 2005-06-30 | AU$37.91 Million ≈ $26.82 Million |
+22.11% |
| 2004-06-30 | AU$31.04 Million ≈ $21.97 Million |
+6.09% |
| 2003-06-30 | AU$29.26 Million ≈ $20.70 Million |
+12.03% |
| 2002-06-30 | AU$26.12 Million ≈ $18.48 Million |
+2.58% |
| 2001-06-30 | AU$25.46 Million ≈ $18.02 Million |
+2.66% |
| 2000-06-30 | AU$24.80 Million ≈ $17.55 Million |
+46.95% |
| 1999-06-30 | AU$16.88 Million ≈ $11.94 Million |
+23.68% |
| 1998-06-30 | AU$13.65 Million ≈ $9.66 Million |
-0.25% |
| 1997-06-30 | AU$13.68 Million ≈ $9.68 Million |
+48.78% |
| 1996-06-30 | AU$9.20 Million ≈ $6.51 Million |
+94.83% |
| 1995-06-30 | AU$4.72 Million ≈ $3.34 Million |
+86.27% |
| 1994-06-30 | AU$2.53 Million ≈ $1.79 Million |
-3.80% |
| 1993-06-30 | AU$2.63 Million ≈ $1.86 Million |
+372.89% |
| 1992-06-30 | AU$557.00K ≈ $394.11K |
+149.03% |
| 1991-06-30 | AU$-1.14 Million ≈ $-803.79K |
-119.14% |
| 1990-06-30 | AU$5.93 Million ≈ $4.20 Million |
+126.47% |
| 1989-06-30 | AU$-22.42 Million ≈ $-15.87 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Finbar 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 grown by 10378700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$54.62 Million | 21.93% |
| Common Stock | AU$194.48 Million | 78.07% |
| Total Equity | AU$249.10 Million | 100.00% |
Finbar Group Ltd Competitors by Market Cap
The table below lists competitors of Finbar Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ulusoy Un Sanayi ve Ticaret AS
IS:ULUUN
|
$144.46 Million |
|
INKEVERSE GROUP DL-001
F:5IK
|
$144.47 Million |
|
PRL Global Ltd
AU:PRG
|
$144.53 Million |
|
Carbios
PA:ALCRB
|
$144.57 Million |
|
JOONGANG DNM Co.Ltd
KQ:051980
|
$144.40 Million |
|
Univacco Technology
TWO:3303
|
$144.40 Million |
|
Quoc Cuong Gia Lai JSC
VN:QCG
|
$144.25 Million |
|
Byggmästare Anders J Ahlström Holding AB (publ)
ST:AJA-B
|
$144.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Finbar Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 256,499,000 to 249,104,000, a change of -7,395,000 (-2.9%).
- Net income of 14,375,000 contributed positively to equity growth.
- Dividend payments of 21,770,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$14.38 Million | +5.77% |
| Dividends Paid | AU$21.77 Million | -8.74% |
| Total Change | AU$- | -2.88% |
Book Value vs Market Value Analysis
This analysis compares Finbar 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: 0.82x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$-0.12 | AU$0.75 | x |
| 1990-06-30 | AU$0.03 | AU$0.75 | x |
| 1991-06-30 | AU$-0.01 | AU$0.75 | x |
| 1992-06-30 | AU$0.00 | AU$0.75 | x |
| 1993-06-30 | AU$0.01 | AU$0.75 | x |
| 1994-06-30 | AU$0.01 | AU$0.75 | x |
| 1995-06-30 | AU$0.03 | AU$0.75 | x |
| 1996-06-30 | AU$0.05 | AU$0.75 | x |
| 1997-06-30 | AU$0.07 | AU$0.75 | x |
| 1998-06-30 | AU$0.07 | AU$0.75 | x |
| 1999-06-30 | AU$0.09 | AU$0.75 | x |
| 2000-06-30 | AU$0.13 | AU$0.75 | x |
| 2001-06-30 | AU$0.14 | AU$0.75 | x |
| 2002-06-30 | AU$0.14 | AU$0.75 | x |
| 2003-06-30 | AU$0.16 | AU$0.75 | x |
| 2004-06-30 | AU$0.17 | AU$0.75 | x |
| 2005-06-30 | AU$0.20 | AU$0.75 | x |
| 2006-06-30 | AU$0.26 | AU$0.75 | x |
| 2007-06-30 | AU$0.32 | AU$0.75 | x |
| 2008-06-30 | AU$0.36 | AU$0.75 | x |
| 2009-06-30 | AU$0.42 | AU$0.75 | x |
| 2010-06-30 | AU$0.60 | AU$0.75 | x |
| 2011-06-30 | AU$0.92 | AU$0.75 | x |
| 2012-06-30 | AU$0.87 | AU$0.75 | x |
| 2013-06-30 | AU$0.94 | AU$0.75 | x |
| 2014-06-30 | AU$1.04 | AU$0.75 | x |
| 2015-06-30 | AU$1.04 | AU$0.75 | x |
| 2016-06-30 | AU$0.99 | AU$0.75 | x |
| 2017-06-30 | AU$0.93 | AU$0.75 | x |
| 2018-06-30 | AU$1.06 | AU$0.75 | x |
| 2019-06-30 | AU$0.91 | AU$0.75 | x |
| 2020-06-30 | AU$0.89 | AU$0.75 | x |
| 2021-06-30 | AU$0.89 | AU$0.75 | x |
| 2022-06-30 | AU$0.89 | AU$0.75 | x |
| 2023-06-30 | AU$0.88 | AU$0.75 | x |
| 2024-06-30 | AU$0.94 | AU$0.75 | x |
| 2025-06-30 | AU$0.92 | AU$0.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Finbar Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.05%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.45x
- Recent ROE (5.77%) is below the historical average (53.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-511.70K |
| 1990 | 483.82% | 0.00% | 0.00x | 1.51x | AU$28.12 Million |
| 1993 | 893.62% | 0.00% | 0.00x | 1.00x | AU$23.27 Million |
| 1994 | 95.78% | 0.00% | 0.00x | 1.02x | AU$2.17 Million |
| 1997 | -0.08% | 0.00% | 0.00x | 1.34x | AU$-1.32 Million |
| 1998 | 16.37% | 0.00% | 0.00x | 2.01x | AU$869.26K |
| 1999 | 19.65% | 0.00% | 0.00x | 1.73x | AU$1.63 Million |
| 2000 | 11.51% | 60.08% | 0.15x | 1.28x | AU$373.62K |
| 2001 | 8.04% | 13.28% | 0.32x | 1.86x | AU$-500.24K |
| 2002 | 8.10% | 9.90% | 0.67x | 1.23x | AU$-497.05K |
| 2003 | 10.73% | 23.64% | 0.41x | 1.10x | AU$214.81K |
| 2004 | 14.41% | 44.95% | 0.28x | 1.13x | AU$1.37 Million |
| 2005 | 17.35% | 156.62% | 0.08x | 1.32x | AU$2.79 Million |
| 2006 | 10.26% | 60.35% | 0.14x | 1.18x | AU$125.60K |
| 2007 | 4.87% | 24.66% | 0.08x | 2.36x | AU$-3.06 Million |
| 2008 | 18.16% | 16.35% | 0.42x | 2.63x | AU$5.49 Million |
| 2009 | 24.57% | 34.73% | 0.23x | 3.06x | AU$11.25 Million |
| 2010 | 21.13% | 15.52% | 0.78x | 1.74x | AU$12.41 Million |
| 2011 | 14.11% | 42.41% | 0.20x | 1.65x | AU$6.99 Million |
| 2012 | 14.47% | 27.19% | 0.30x | 1.79x | AU$8.28 Million |
| 2013 | 15.37% | 23.00% | 0.34x | 1.96x | AU$10.90 Million |
| 2014 | 15.76% | 13.25% | 0.77x | 1.54x | AU$13.33 Million |
| 2015 | 11.03% | 29.31% | 0.26x | 1.46x | AU$2.44 Million |
| 2016 | 3.88% | 8.60% | 0.30x | 1.50x | AU$-13.94 Million |
| 2017 | 2.46% | 4.30% | 0.30x | 1.93x | AU$-16.32 Million |
| 2018 | 5.53% | 9.25% | 0.42x | 1.44x | AU$-11.28 Million |
| 2019 | 4.58% | 7.36% | 0.41x | 1.52x | AU$-13.46 Million |
| 2020 | 2.74% | 4.33% | 0.45x | 1.41x | AU$-17.57 Million |
| 2021 | 3.65% | 8.56% | 0.30x | 1.42x | AU$-15.42 Million |
| 2022 | 4.49% | 11.97% | 0.26x | 1.43x | AU$-13.37 Million |
| 2023 | 1.31% | 9.23% | 0.08x | 1.85x | AU$-20.87 Million |
| 2024 | 6.47% | 8.92% | 0.26x | 2.75x | AU$-9.05 Million |
| 2025 | 5.77% | 5.05% | 0.79x | 1.45x | AU$-10.54 Million |
Industry Comparison
This section compares Finbar Group Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $101,918,151
- Average return on equity (ROE) among peers: -0.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Finbar Group Ltd (FRI) | AU$254.24 Million | 0.00% | 0.29x | $144.41 Million |
| Avjennings Ltd (AVJ) | $137.64 Million | 16.97% | 1.40x | $263.86 Million |
| CAQ Holdings Ltd (CAQ) | $5.57 Million | -6.26% | 0.04x | $4.57 Million |
| Cedar Woods Properties Ltd (CWP) | $400.36 Million | 8.20% | 0.63x | $421.38 Million |
| Hudson Investment Group Ltd (HGL) | $68.82 Million | 4.48% | 3.29x | $7.35 Million |
| Land & Homes Group Ltd (LHM) | $458.75K | -71.17% | 3.96x | $5.20 Million |
| Mustera Property Group Ltd (MPX) | $20.76 Million | 40.03% | 1.82x | $13.51 Million |
| Peet Ltd (PPC) | $136.69 Million | 33.30% | 2.23x | $576.38 Million |
| Tian An Australia Ltd (TIA) | $109.24 Million | -13.66% | 0.13x | $11.64 Million |
| United Overseas Australia Ltd (UOS) | $37.72 Million | -15.49% | 1.44x | $880.66 Million |
About Finbar Group Ltd
Finbar Group Limited, together with its subsidiaries, engages in the property development and investment business in Australia. The company operates through Residential Apartment Development, Commercial Office/Retail Development, and Rental of Property segments. It is involved in the development of commercial properties and medium to high density residential buildings; and sells residential and c… Read more