Harris Technology Group Ltd (HT8) - Net Assets
Based on the latest financial reports, Harris Technology Group Ltd (HT8) has net assets worth AU$2.21 Million AUD (≈ $1.56 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$6.87 Million ≈ $4.86 Million USD) and total liabilities (AU$4.66 Million ≈ $3.30 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 HT8 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.21 Million |
| % of Total Assets | 32.2% |
| Annual Growth Rate | -3.22% |
| 5-Year Change | -64.82% |
| 10-Year Change | N/A |
| Growth Volatility | 206.13 |
Harris Technology Group Ltd - Net Assets Trend (1999–2026)
This chart illustrates how Harris Technology Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see HT8 market cap overview.
Annual Net Assets for Harris Technology Group Ltd (1999–2026)
The table below shows the annual net assets of Harris Technology Group Ltd from 1999 to 2026. Also explore Harris Technology Group Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$2.21 Million ≈ $1.56 Million |
+53.08% |
| 2025-06-30 | AU$1.44 Million ≈ $1.02 Million |
-8.32% |
| 2024-06-30 | AU$1.58 Million ≈ $1.11 Million |
-47.17% |
| 2023-06-30 | AU$2.98 Million ≈ $2.11 Million |
-52.55% |
| 2022-06-30 | AU$6.29 Million ≈ $4.45 Million |
-17.95% |
| 2021-06-30 | AU$7.66 Million ≈ $5.42 Million |
+296.77% |
| 2020-06-30 | AU$-3.89 Million ≈ $-2.75 Million |
+23.10% |
| 2019-06-30 | AU$-5.06 Million ≈ $-3.58 Million |
-73.40% |
| 2018-06-30 | AU$-2.92 Million ≈ $-2.07 Million |
-79.19% |
| 2017-06-30 | AU$-1.63 Million ≈ $-1.15 Million |
+3.24% |
| 2016-06-30 | AU$-1.68 Million ≈ $-1.19 Million |
-143.89% |
| 2015-06-30 | AU$3.84 Million ≈ $2.71 Million |
-32.15% |
| 2014-06-30 | AU$5.66 Million ≈ $4.00 Million |
+785.08% |
| 2013-06-30 | AU$638.96K ≈ $452.11K |
+7.66% |
| 2012-06-30 | AU$593.49K ≈ $419.93K |
-28.41% |
| 2011-06-30 | AU$828.98K ≈ $586.56K |
-58.93% |
| 2010-06-30 | AU$2.02 Million ≈ $1.43 Million |
+187.52% |
| 2009-06-30 | AU$-2.31 Million ≈ $-1.63 Million |
-4203.53% |
| 2008-06-30 | AU$-53.58K ≈ $-37.91K |
+85.24% |
| 2007-06-30 | AU$-362.98K ≈ $-256.83K |
-47.38% |
| 2006-06-30 | AU$-246.28K ≈ $-174.26K |
-112.89% |
| 2005-06-30 | AU$1.91 Million ≈ $1.35 Million |
+43.55% |
| 2004-06-30 | AU$1.33 Million ≈ $942.09K |
+460.04% |
| 2003-06-30 | AU$-369.81K ≈ $-261.66K |
+20.50% |
| 2002-06-30 | AU$-465.16K ≈ $-329.13K |
-119.16% |
| 2001-06-30 | AU$2.43 Million ≈ $1.72 Million |
-57.17% |
| 2000-06-30 | AU$5.67 Million ≈ $4.01 Million |
+5.89% |
| 1999-06-30 | AU$5.35 Million ≈ $3.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Harris Technology 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 decreased by 1709412900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$19.23 Million | 869.47% |
| Other Comprehensive Income | AU$77.36K | 3.50% |
| Total Equity | AU$2.21 Million | 100.00% |
Harris Technology Group Ltd Competitors by Market Cap
The table below lists competitors of Harris Technology Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Karsu Tekstil Sanayi ve Ticaret AS
IS:KRTEK
|
$4.50 Million |
|
Trio Petroleum Corp.
NYSE MKT:TPET
|
$4.50 Million |
|
Noroo Holdings Co Ltd
KO:000325
|
$4.50 Million |
|
Cybergun SA
PA:ALCYB
|
$4.50 Million |
|
Zaplox AB
ST:ZAPLOX
|
$4.50 Million |
|
PT Trimuda Nuansa Citra Tbk
JK:TNCA
|
$4.50 Million |
|
Megaron SA
WAR:MEG
|
$4.50 Million |
|
NETCLASS TECHNOLOGY INC Class A Ordinary Shares
NASDAQ:NTCL
|
$4.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Harris Technology Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,444,652 to 2,211,505, a change of 766,853 (53.1%).
- Net loss of 120,916 reduced equity.
- Other comprehensive income decreased equity by 153,130.
- Other factors increased equity by 1,040,899.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-120.92K | -5.47% |
| Other Comprehensive Income | AU$-153.13K | -6.92% |
| Other Changes | AU$1.04 Million | +47.07% |
| Total Change | AU$- | 53.08% |
Book Value vs Market Value Analysis
This analysis compares Harris Technology 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: 2.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 2.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-06-30 | AU$1190.44 | AU$0.02 | x |
| 2000-06-30 | AU$308.83 | AU$0.02 | x |
| 2001-06-30 | AU$87.31 | AU$0.02 | x |
| 2002-06-30 | AU$-18.33 | AU$0.02 | x |
| 2003-06-30 | AU$-7.60 | AU$0.02 | x |
| 2004-06-30 | AU$8.60 | AU$0.02 | x |
| 2005-06-30 | AU$8.18 | AU$0.02 | x |
| 2006-06-30 | AU$-0.57 | AU$0.02 | x |
| 2007-06-30 | AU$-0.54 | AU$0.02 | x |
| 2008-06-30 | AU$-0.08 | AU$0.02 | x |
| 2009-06-30 | AU$-3.08 | AU$0.02 | x |
| 2010-06-30 | AU$1.35 | AU$0.02 | x |
| 2011-06-30 | AU$0.18 | AU$0.02 | x |
| 2012-06-30 | AU$0.12 | AU$0.02 | x |
| 2013-06-30 | AU$0.08 | AU$0.02 | x |
| 2014-06-30 | AU$0.51 | AU$0.02 | x |
| 2015-06-30 | AU$0.18 | AU$0.02 | x |
| 2016-06-30 | AU$-0.07 | AU$0.02 | x |
| 2017-06-30 | AU$-0.01 | AU$0.02 | x |
| 2018-06-30 | AU$-0.02 | AU$0.02 | x |
| 2019-06-30 | AU$-0.03 | AU$0.02 | x |
| 2020-06-30 | AU$-0.02 | AU$0.02 | x |
| 2021-06-30 | AU$0.03 | AU$0.02 | x |
| 2022-06-30 | AU$0.02 | AU$0.02 | x |
| 2023-06-30 | AU$0.01 | AU$0.02 | x |
| 2024-06-30 | AU$0.01 | AU$0.02 | x |
| 2025-06-30 | AU$0.00 | AU$0.02 | x |
| 2026-06-30 | AU$0.01 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Harris Technology Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.70%
- • Asset Turnover: 2.50x
- • Equity Multiplier: 3.11x
- Recent ROE (-5.47%) is above the historical average (-35.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -9.66% | 0.00% | 0.00x | 1.20x | AU$-1.05 Million |
| 2000 | -10.25% | -9.61% | 0.62x | 1.72x | AU$-1.15 Million |
| 2001 | -244.33% | -106.10% | 0.89x | 2.60x | AU$-5.05 Million |
| 2002 | 0.00% | -14.04% | 2.03x | 0.00x | AU$-748.48K |
| 2003 | 0.00% | -8.36% | 8.94x | 0.00x | AU$-229.66K |
| 2004 | 3.99% | 2.53% | 0.78x | 2.02x | AU$-83.39K |
| 2005 | 2.22% | 1.95% | 0.69x | 1.64x | AU$-152.45K |
| 2006 | 0.00% | -63.91% | 2.69x | 0.00x | AU$-3.17 Million |
| 2007 | 0.00% | -42.19% | 3.14x | 0.00x | AU$-1.88 Million |
| 2008 | 0.00% | -23.74% | 3.73x | 0.00x | AU$-1.76 Million |
| 2009 | 0.00% | -33.73% | 10.81x | 0.00x | AU$-3.59 Million |
| 2010 | 35.65% | 81.81% | 0.33x | 1.30x | AU$517.63K |
| 2011 | -129.51% | -50.20% | 1.08x | 2.40x | AU$-1.16 Million |
| 2012 | -278.01% | -62.69% | 2.02x | 2.19x | AU$-1.71 Million |
| 2013 | 7.12% | 1.63% | 2.52x | 1.73x | AU$-18.43K |
| 2014 | -26.35% | -89.93% | 0.23x | 1.29x | AU$-2.06 Million |
| 2015 | -64.67% | -13.45% | 2.23x | 2.15x | AU$-2.87 Million |
| 2016 | 0.00% | -36.59% | 6.02x | 0.00x | AU$-6.34 Million |
| 2017 | 0.00% | -5.57% | 3.11x | 0.00x | AU$-2.68 Million |
| 2018 | 0.00% | -4.92% | 0.84x | 0.00x | AU$-274.98K |
| 2019 | 0.00% | -8.13% | 4.10x | 0.00x | AU$-225.74K |
| 2020 | 0.00% | 7.40% | 2.50x | 0.00x | AU$1.40 Million |
| 2021 | 22.89% | 4.19% | 2.29x | 2.39x | AU$987.30K |
| 2022 | -23.30% | -2.91% | 2.90x | 2.76x | AU$-2.09 Million |
| 2023 | -110.76% | -13.66% | 2.49x | 3.26x | AU$-3.60 Million |
| 2024 | -89.27% | -8.42% | 2.29x | 4.64x | AU$-1.56 Million |
| 2025 | -66.33% | -6.93% | 1.91x | 5.00x | AU$-1.10 Million |
| 2026 | -5.47% | -0.70% | 2.50x | 3.11x | AU$-342.07K |
Industry Comparison
This section compares Harris Technology Group Ltd's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $26,461,370
- Average return on equity (ROE) among peers: -6.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Harris Technology Group Ltd (HT8) | AU$2.21 Million | -9.66% | 2.11x | $4.50 Million |
| Articore Group Ltd (ATG) | $45.85 Million | -24.63% | 1.39x | $80.79 Million |
| Kogan.com Ltd (KGN) | $7.07 Million | 11.44% | 3.59x | $229.87 Million |
About Harris Technology Group Ltd
Harris Technology Group Limited engages in the technology distribution and online retailing businesses in Australia. It is involved in the online retail of IT products and consumer electronics, as well as provides e-commerce services. The company sells its products through own e-commerce site ht.com.au, as well as through various online marketplace platforms. It serves commercial, small and mediu… Read more