Harris Technology Group Ltd (HT8) - Net Assets

Latest as of June 2026: AU$2.21 Million AUD ≈ $1.56 Million USD

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
--

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

AU:HT8 Australia Internet Retail
Market Cap
$4.50 Million
AU$6.36 Million AUD
Market Cap Rank
#28878 Global
#1562 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.01 - AU$0.03
All Time High
AU$0.33
About

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