Harris Technology Group Ltd (HT8) - Net Assets

Latest as of June 2025: AU$1.44 Million AUD ≈ $1.02 Million USD

Based on the latest financial reports, Harris Technology Group Ltd (HT8) has net assets worth AU$1.44 Million AUD (≈ $1.02 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$7.22 Million ≈ $5.11 Million USD) and total liabilities (AU$5.78 Million ≈ $4.09 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 Harris Technology Group Ltd (HT8) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$1.44 Million
% of Total Assets	20.0%
Annual Growth Rate	-4.91%
5-Year Change	-81.14%
10-Year Change	N/A
Growth Volatility	212.63

Harris Technology Group Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Harris Technology Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Harris Technology Group Ltd assets under control for the complete picture of this company's asset base.

Annual Net Assets for Harris Technology Group Ltd (1999–2025)

The table below shows the annual net assets of Harris Technology Group Ltd from 1999 to 2025. For live valuation and market cap data, see Harris Technology Group Ltd market capitalisation.

Year	Net Assets	Change
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	--

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 1697321300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$18.19 Million	1258.95%
Other Comprehensive Income	AU$230.49K	15.95%
Total Equity	AU$1.44 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
Galore Resources Inc V:GRI	$2.57 Million
Beeio Honey Ltd TA:BHNY	$2.57 Million
GeoVax Labs Inc NASDAQ:GOVX	$2.57 Million
UNITED OIL+GAS PLC LS-01 F:1UO	$2.57 Million
Silver Predator Corp V:SPD	$2.56 Million
Dolfines SAS PA:ALDOL	$2.56 Million
Bluechiip Ltd AU:BCT	$2.56 Million
Netmedia Group S.A. PA:ALNMG	$2.56 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 2024 to 2025, total equity changed from 1,575,811 to 1,444,652, a change of -131,159 (-8.3%).
Net loss of 958,240 reduced equity.
Other comprehensive income increased equity by 230,487.
Other factors increased equity by 596,594.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-958.24K	-66.33%
Other Comprehensive Income	AU$230.49K	+15.95%
Other Changes	AU$596.59K	+41.3%
Total Change	AU$-	-8.32%

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: 2.50x
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 2.50x 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$0.01	x
2000-06-30	AU$308.83	AU$0.01	x
2001-06-30	AU$87.31	AU$0.01	x
2002-06-30	AU$-18.33	AU$0.01	x
2003-06-30	AU$-7.60	AU$0.01	x
2004-06-30	AU$8.60	AU$0.01	x
2005-06-30	AU$8.18	AU$0.01	x
2006-06-30	AU$-0.57	AU$0.01	x
2007-06-30	AU$-0.54	AU$0.01	x
2008-06-30	AU$-0.08	AU$0.01	x
2009-06-30	AU$-3.08	AU$0.01	x
2010-06-30	AU$1.35	AU$0.01	x
2011-06-30	AU$0.18	AU$0.01	x
2012-06-30	AU$0.12	AU$0.01	x
2013-06-30	AU$0.08	AU$0.01	x
2014-06-30	AU$0.51	AU$0.01	x
2015-06-30	AU$0.18	AU$0.01	x
2016-06-30	AU$-0.07	AU$0.01	x
2017-06-30	AU$-0.01	AU$0.01	x
2018-06-30	AU$-0.02	AU$0.01	x
2019-06-30	AU$-0.03	AU$0.01	x
2020-06-30	AU$-0.02	AU$0.01	x
2021-06-30	AU$0.03	AU$0.01	x
2022-06-30	AU$0.02	AU$0.01	x
2023-06-30	AU$0.01	AU$0.01	x
2024-06-30	AU$0.01	AU$0.01	x
2025-06-30	AU$0.00	AU$0.01	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): -66.33%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -6.93%
• Asset Turnover: 1.91x
• Equity Multiplier: 5.00x
Recent ROE (-66.33%) is below the historical average (-36.32%), suggesting potential challenges in 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

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: $-5,173,130
Average return on equity (ROE) among peers: 5.72%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Harris Technology Group Ltd (HT8)	AU$1.44 Million	-9.66%	4.00x	$2.56 Million
Articore Group Ltd (ATG)	$-17.42 Million	0.00%	0.00x	$56.35 Million
Kogan.com Ltd (KGN)	$7.07 Million	11.44%	3.59x	$246.49 Million

About Harris Technology Group Ltd

AU:HT8 Australia Internet Retail

Market Cap

$2.56 Million

AU$3.62 Million AUD

Market Cap Rank

#29405 Global

#1731 in Australia

Share Price

AU$0.01

Change (1 day)

+0.00%

52-Week Range

AU$0.01 - AU$0.02

All Time High

AU$0.33