Hipages Group Holdings Ltd (HPG) - Net Assets
Based on the latest financial reports, Hipages Group Holdings Ltd (HPG) has net assets worth AU$43.15 Million AUD (≈ $30.53 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$67.71 Million ≈ $47.91 Million USD) and total liabilities (AU$24.56 Million ≈ $17.38 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 HPG cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$43.15 Million |
| % of Total Assets | 63.73% |
| Annual Growth Rate | 14.23% |
| 5-Year Change | 20.74% |
| 10-Year Change | N/A |
| Growth Volatility | 189.52 |
Hipages Group Holdings Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Hipages Group Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore HPG total asset value for the complete picture of this company's asset base.
Annual Net Assets for Hipages Group Holdings Ltd (2017–2024)
The table below shows the annual net assets of Hipages Group Holdings Ltd from 2017 to 2024. For live valuation and market cap data, see how much is Hipages Group Holdings Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$43.15 Million ≈ $30.53 Million |
+11.34% |
| 2023-12-31 | AU$38.76 Million ≈ $27.42 Million |
+13.33% |
| 2022-12-31 | AU$34.20 Million ≈ $24.20 Million |
-7.81% |
| 2021-12-31 | AU$37.10 Million ≈ $26.25 Million |
+3.80% |
| 2020-12-31 | AU$35.74 Million ≈ $25.29 Million |
+5.49% |
| 2019-12-31 | AU$33.88 Million ≈ $23.97 Million |
+529.40% |
| 2018-12-31 | AU$5.38 Million ≈ $3.81 Million |
-68.34% |
| 2017-12-31 | AU$17.00 Million ≈ $12.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hipages Group Holdings 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 2703191600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$320.43 Million | 742.53% |
| Other Comprehensive Income | AU$-217.58 Million | -504.20% |
| Total Equity | AU$43.15 Million | 100.00% |
Hipages Group Holdings Ltd Competitors by Market Cap
The table below lists competitors of Hipages Group Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Westwater Resources Inc
NYSE MKT:WWR
|
$75.08 Million |
|
Transat AT Inc
TO:TRZ
|
$75.11 Million |
|
American Tungsten & Antimony Ltd
AU:AT4
|
$75.12 Million |
|
Prairie Operating Co. Common Stock
NASDAQ:PROP
|
$75.15 Million |
|
Fortress Biotech Inc
NASDAQ:FBIO
|
$75.03 Million |
|
Tuniu Corporation
F:0TUA
|
$75.01 Million |
|
Suominen Oyj
HE:SUY1V
|
$74.97 Million |
|
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS
IS:BRLSM
|
$74.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hipages Group Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,758,000 to 43,154,000, a change of 4,396,000 (11.3%).
- Net income of 2,390,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,006,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$2.39 Million | +5.54% |
| Other Comprehensive Income | AU$2.01 Million | +4.65% |
| Total Change | AU$- | 11.34% |
Book Value vs Market Value Analysis
This analysis compares Hipages Group Holdings 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: 2.44x
- 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 5.93x to 2.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.13 | AU$0.78 | x |
| 2018-12-31 | AU$0.04 | AU$0.78 | x |
| 2019-12-31 | AU$0.26 | AU$0.78 | x |
| 2020-12-31 | AU$0.29 | AU$0.78 | x |
| 2021-12-31 | AU$0.28 | AU$0.78 | x |
| 2022-12-31 | AU$0.26 | AU$0.78 | x |
| 2023-12-31 | AU$0.28 | AU$0.78 | x |
| 2024-12-31 | AU$0.32 | AU$0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hipages Group Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.87%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.57x
- Recent ROE (5.54%) is above the historical average (-44.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -61.51% | -25.83% | 1.21x | 1.96x | AU$-12.16 Million |
| 2018 | -253.20% | -33.28% | 1.32x | 5.77x | AU$-14.17 Million |
| 2019 | -19.07% | -13.76% | 0.84x | 1.65x | AU$-9.85 Million |
| 2020 | -17.34% | -11.11% | 0.97x | 1.60x | AU$-9.77 Million |
| 2021 | -2.45% | -1.50% | 0.90x | 1.83x | AU$-4.62 Million |
| 2022 | -15.04% | -7.81% | 1.06x | 1.82x | AU$-8.56 Million |
| 2023 | 9.19% | 4.73% | 1.18x | 1.65x | AU$-312.80K |
| 2024 | 5.54% | 2.87% | 1.23x | 1.57x | AU$-1.93 Million |
Industry Comparison
This section compares Hipages Group Holdings Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $42,012,556
- Average return on equity (ROE) among peers: -47.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hipages Group Holdings Ltd (HPG) | AU$43.15 Million | -61.51% | 0.57x | $75.07 Million |
| One Click Group Ltd (1CG) | $2.94 Million | -67.27% | 0.54x | $8.32 Million |
| Thrive Tribe Technologies Ltd (1TT) | $4.53 Million | -27.70% | 0.03x | $1.43 Million |
| Ordinary Fully Paid Deferred Settlement (1TTDB) | $2.53 Million | -140.39% | 0.30x | $20.45 |
| LIFE360 Inc (360) | $358.55 Million | -1.27% | 0.23x | $3.40 Billion |
| Pointerra Ltd (3DP) | $4.28 Million | -64.47% | 0.19x | $17.22 Million |
| 8COMMON Ltd (8CO) | $5.92 Million | -22.85% | 0.35x | $3.96 Million |
| Aeeris Ltd (AER) | $584.79K | -43.08% | 0.80x | $4.98 Million |
| Aerometrex Ltd (AMX) | $34.70 Million | -11.88% | 0.33x | $15.79 Million |
| Assetowl Ltd (AO1) | $4.13 Million | -98.29% | 0.07x | $1.38 Million |
| Bridge Saas Ltd (BGE) | $1.96 Million | -1.09% | 0.41x | $1.84 Million |
About Hipages Group Holdings Ltd
hipages Group Holdings Limited, together with its subsidiaries, operates as an online tradie marketplace in Australia and New Zealand. It provides hipages, an online tradie marketplace that provides local tradies with job leads, grow and manage their business; and Builderscrack, an online home repair and renovation marketplace that enables homeowners to connect with local tradies. The company als… Read more