Hancock & Gore Ltd

AU:HNG Australia Asset Management
Market Cap
$70.53 Million
AU$113.91 Million AUD
Market Cap Rank
#22895 Global
#440 in Australia
Share Price
AU$0.21
Change (1 day)
+2.44%
52-Week Range
AU$0.19 - AU$0.30
All Time High
AU$0.43
Categories
Companies in Australia Asset Management Banking & Financial
About

Hancock & Gore Ltd, an investment company, together with its subsidiaries, invests in small and medium-sized businesses. The company invests in diversified asset categories, including listed, unlisted equities, fixed income, and funds management activities. It also provides support to investees, including directorship capabilities and facilitation of management services. The company was formerly … Read more

Hancock & Gore Ltd (HNG) - Net Assets

Latest net assets as of September 2025: AU$141.99 Million AUD

Based on the latest financial reports, Hancock & Gore Ltd (HNG) has net assets worth AU$141.99 Million AUD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$170.01 Million) and total liabilities (AU$28.02 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$141.99 Million
% of Total Assets 83.52%
Annual Growth Rate 8.28%
5-Year Change 197.17%
10-Year Change 439.59%
Growth Volatility 38.1

Hancock & Gore Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Hancock & Gore 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 Hancock & Gore Ltd (1989–2025)

The table below shows the annual net assets of Hancock & Gore Ltd from 1989 to 2025.

Year Net Assets Change
2025-09-30 AU$141.99 Million +30.05%
2024-09-30 AU$109.19 Million +57.68%
2023-09-30 AU$69.25 Million +8.07%
2022-09-30 AU$64.07 Million +34.10%
2021-09-30 AU$47.78 Million +189.45%
2020-09-30 AU$16.51 Million -38.53%
2019-09-30 AU$26.86 Million +2.97%
2018-09-30 AU$26.08 Million -8.11%
2017-09-30 AU$28.38 Million +7.85%
2016-09-30 AU$26.32 Million +16.70%
2015-09-30 AU$22.55 Million +19.92%
2014-09-30 AU$18.80 Million -63.51%
2013-09-30 AU$51.53 Million -19.92%
2012-09-30 AU$64.35 Million -18.23%
2011-09-30 AU$78.70 Million -7.02%
2010-09-30 AU$84.64 Million +2.52%
2009-09-30 AU$82.55 Million +3.79%
2008-09-30 AU$79.54 Million -25.02%
2007-09-30 AU$106.08 Million +21.56%
2006-09-30 AU$87.27 Million +4.96%
2005-09-30 AU$83.14 Million +3.76%
2004-09-30 AU$80.13 Million +21.88%
2003-09-30 AU$65.74 Million +20.74%
2002-09-30 AU$54.45 Million -5.47%
2001-09-30 AU$57.60 Million +3.11%
2000-09-30 AU$55.86 Million +6.26%
1999-09-30 AU$52.57 Million +5.60%
1998-09-30 AU$49.78 Million +30.12%
1997-09-30 AU$38.26 Million +21.13%
1996-09-30 AU$31.58 Million +8.97%
1995-09-30 AU$28.98 Million +7.50%
1994-09-30 AU$26.96 Million +48.62%
1993-09-30 AU$18.14 Million +25.38%
1992-09-30 AU$14.47 Million +60.33%
1991-09-30 AU$9.03 Million +10.76%
1990-09-30 AU$8.15 Million +0.63%
1989-09-30 AU$8.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hancock & Gore 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 4566.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Common Stock AU$160.35 Million 112.93%
Other Comprehensive Income AU$9.38 Million 6.60%
Total Equity AU$141.99 Million 100.00%

Hancock & Gore Ltd Competitors by Market Cap

The table below lists competitors of Hancock & Gore Ltd ranked by their market capitalization.

Company Market Cap
Cosmax
KO:044820
 		$35.06 Million
SMO
BK:SMO
 		$35.06 Million
Dual Co Ltd
KO:016740
 		$35.07 Million
MS Industrie AG
F:MSAG
 		$35.08 Million
Groundhog Inc.
TW:6906
 		$35.05 Million
Nykode Therapeutics AS
PINK:VACBF
 		$35.04 Million
Chenghe Acquisition II Co.
NYSE MKT:CHEB
 		$35.04 Million
ABITARE IN S.P.A.
F:1BN
 		$35.04 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 109,187,000 to 141,993,000, a change of 32,806,000 (30.0%).
  • Net loss of 3,712,000 reduced equity.
  • Dividend payments of 9,539,000 reduced retained earnings.
  • Share repurchases of 254,000 reduced equity.
  • New share issuances of 7,541,000 increased equity.
  • Other comprehensive income decreased equity by 14,159,000.
  • Other factors increased equity by 52,929,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-3.71 Million -2.61%
Dividends Paid AU$9.54 Million -6.72%
Share Repurchases AU$254.00K -0.18%
Share Issuances AU$7.54 Million +5.31%
Other Comprehensive Income AU$-14.16 Million -9.97%
Other Changes AU$52.93 Million +37.28%
Total Change AU$- 30.05%

Book Value vs Market Value Analysis

This analysis compares Hancock & Gore 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: 0.71x
  • 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 1.61x to 0.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-09-30 AU$0.13 AU$0.21 x
1990-09-30 AU$0.13 AU$0.21 x
1991-09-30 AU$0.14 AU$0.21 x
1992-09-30 AU$0.76 AU$0.21 x
1993-09-30 AU$0.69 AU$0.21 x
1994-09-30 AU$0.83 AU$0.21 x
1995-09-30 AU$0.69 AU$0.21 x
1996-09-30 AU$0.72 AU$0.21 x
1997-09-30 AU$0.78 AU$0.21 x
1998-09-30 AU$0.78 AU$0.21 x
1999-09-30 AU$0.83 AU$0.21 x
2000-09-30 AU$0.87 AU$0.21 x
2001-09-30 AU$0.89 AU$0.21 x
2002-09-30 AU$0.93 AU$0.21 x
2003-09-30 AU$1.10 AU$0.21 x
2004-09-30 AU$1.27 AU$0.21 x
2005-09-30 AU$1.33 AU$0.21 x
2006-09-30 AU$1.42 AU$0.21 x
2007-09-30 AU$1.77 AU$0.21 x
2008-09-30 AU$1.25 AU$0.21 x
2009-09-30 AU$1.28 AU$0.21 x
2010-09-30 AU$1.27 AU$0.21 x
2011-09-30 AU$1.14 AU$0.21 x
2012-09-30 AU$0.96 AU$0.21 x
2013-09-30 AU$0.76 AU$0.21 x
2014-09-30 AU$0.32 AU$0.21 x
2015-09-30 AU$0.42 AU$0.21 x
2016-09-30 AU$0.48 AU$0.21 x
2017-09-30 AU$0.50 AU$0.21 x
2018-09-30 AU$0.43 AU$0.21 x
2019-09-30 AU$0.42 AU$0.21 x
2020-09-30 AU$0.22 AU$0.21 x
2021-09-30 AU$0.34 AU$0.21 x
2022-09-30 AU$0.28 AU$0.21 x
2023-09-30 AU$0.29 AU$0.21 x
2024-09-30 AU$0.38 AU$0.21 x
2025-09-30 AU$0.30 AU$0.21 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hancock & Gore 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): -2.61%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -54.14%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 1.20x
  • Recent ROE (-2.61%) is above the historical average (-3.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 -3.01% 0.00% 0.00x 1.04x AU$-1.05 Million
1990 -0.20% 0.00% 0.00x 1.83x AU$-830.80K
1991 0.17% 0.00% 0.00x 3.28x AU$-852.50K
1992 -0.38% 0.00% 0.00x 2.29x AU$-1.42 Million
1993 -1.23% 0.00% 0.00x 2.52x AU$-1.90 Million
1994 -3.27% 0.00% 0.00x 1.96x AU$-3.21 Million
1995 -4.17% 0.00% 0.00x 1.92x AU$-3.78 Million
1996 -2.64% 0.00% 0.00x 1.84x AU$-3.63 Million
1997 -1.81% 0.00% 0.00x 2.09x AU$-4.20 Million
1998 -5.02% 0.00% 0.00x 2.31x AU$-5.82 Million
1999 -5.43% 0.00% 0.00x 2.25x AU$-6.37 Million
2000 -4.87% -2.73% 0.88x 2.04x AU$-6.44 Million
2001 -4.52% -2.05% 1.08x 2.05x AU$-6.40 Million
2002 -5.14% -2.82% 1.08x 1.69x AU$-7.06 Million
2003 -4.95% -3.00% 0.97x 1.71x AU$-8.25 Million
2004 -4.55% -2.83% 0.99x 1.63x AU$-9.82 Million
2005 -3.81% -2.36% 1.01x 1.60x AU$-9.96 Million
2006 12.20% 7.03% 1.00x 1.74x AU$1.64 Million
2007 16.88% 10.73% 0.77x 2.03x AU$6.38 Million
2008 -11.40% -4.39% 1.06x 2.45x AU$-14.01 Million
2009 11.66% 4.84% 1.26x 1.91x AU$1.13 Million
2010 19.24% 7.89% 1.42x 1.72x AU$6.44 Million
2011 -3.86% -1.48% 1.45x 1.79x AU$-8.70 Million
2012 -9.61% -4.35% 1.35x 1.63x AU$-10.51 Million
2013 -20.63% -8.47% 1.40x 1.74x AU$-13.25 Million
2014 -113.97% -42.21% 1.47x 1.84x AU$-23.31 Million
2015 16.51% 7.16% 1.47x 1.57x AU$1.47 Million
2016 16.39% 8.25% 1.30x 1.53x AU$1.68 Million
2017 9.61% 6.77% 0.92x 1.54x AU$-111.20K
2018 2.50% 1.43% 0.98x 1.78x AU$-1.86 Million
2019 4.53% 3.39% 0.80x 1.68x AU$-1.38 Million
2020 -88.97% -40.80% 0.89x 2.46x AU$-14.47 Million
2021 32.65% 395.01% 0.08x 1.03x AU$10.82 Million
2022 8.74% 145.45% 0.06x 1.02x AU$-807.40K
2023 11.80% 507.07% 0.02x 1.01x AU$1.25 Million
2024 4.49% 628.30% 0.01x 1.09x AU$-6.01 Million
2025 -2.61% -54.14% 0.04x 1.20x AU$-17.91 Million

Industry Comparison

This section compares Hancock & Gore Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $589,126,514
  • Average return on equity (ROE) among peers: -25.04%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hancock & Gore Ltd (HNG) AU$141.99 Million -3.01% 0.20x $35.05 Million
Acorn Capital Investment Fund Ltd (ACQ) $52.17 Million 4.80% 0.04x $5.49K
Australian Ethical Investment Ltd (AEF) $20.82 Million 45.43% 0.62x $241.24 Million
Australian Foundation Investment Company Ltd (AFI) $3.98 Billion 4.62% 0.15x $5.08 Billion
Alternative Investment Trust (AIQ) $281.69 Million 15.05% 0.96x $8.06K
Argo Global Listed Infrastructure Ltd (ALI) $320.48 Million -2.91% 0.03x $13.82K
Amcil Ltd (AMH) $128.23 Million 0.00% 0.02x $137.06 Million
Associate Global Partners Ltd (APL) $6.41 Million -310.27% 0.73x $1.95 Million
Ariadne Australia Ltd (ARA) $59.71 Million 8.64% 0.74x $17.16 Million
ARC Funds Ltd (ARC) $2.90 Million -21.10% 0.01x $1.21 Million
Australian United Investment Company Ltd (AUI) $1.04 Billion 5.35% 0.27x $395.51 Million