Ikegps Group Ltd (IKE) - Net Assets
Based on the latest financial reports, Ikegps Group Ltd (IKE) has net assets worth AU$25.75 Million AUD (≈ $18.22 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$51.67 Million ≈ $36.56 Million USD) and total liabilities (AU$25.91 Million ≈ $18.34 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 how tangible is Ikegps Group Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$25.75 Million |
| % of Total Assets | 49.85% |
| Annual Growth Rate | 28.15% |
| 5-Year Change | -34.31% |
| 10-Year Change | 142.14% |
| Growth Volatility | 181.08 |
Ikegps Group Ltd - Net Assets Trend (2013–2026)
This chart illustrates how Ikegps Group Ltd's net assets have evolved over time, based on quarterly financial data. See IKE days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ikegps Group Ltd (2013–2026)
The table below shows the annual net assets of Ikegps Group Ltd from 2013 to 2026. For live valuation and market cap data, see IKE market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | AU$25.75 Million ≈ $18.22 Million |
+439.92% |
| 2025-03-31 | AU$4.77 Million ≈ $3.38 Million |
-76.27% |
| 2024-03-31 | AU$20.10 Million ≈ $14.22 Million |
-40.78% |
| 2023-03-31 | AU$33.94 Million ≈ $24.01 Million |
-13.44% |
| 2022-03-31 | AU$39.20 Million ≈ $27.74 Million |
+80.65% |
| 2021-03-31 | AU$21.70 Million ≈ $15.36 Million |
+99.39% |
| 2020-03-31 | AU$10.88 Million ≈ $7.70 Million |
+16.24% |
| 2019-03-31 | AU$9.36 Million ≈ $6.62 Million |
+17.74% |
| 2018-03-31 | AU$7.95 Million ≈ $5.63 Million |
-25.24% |
| 2017-03-31 | AU$10.64 Million ≈ $7.53 Million |
-19.67% |
| 2016-03-31 | AU$13.24 Million ≈ $9.37 Million |
-40.15% |
| 2015-03-31 | AU$22.12 Million ≈ $15.65 Million |
+497.37% |
| 2014-03-31 | AU$3.70 Million ≈ $2.62 Million |
+261.43% |
| 2013-03-31 | AU$1.02 Million ≈ $724.96K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ikegps 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 10679781000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$135.44 Million | 525.91% |
| Other Comprehensive Income | AU$4.98 Million | 19.33% |
| Total Equity | AU$25.75 Million | 100.00% |
Ikegps Group Ltd Competitors by Market Cap
The table below lists competitors of Ikegps Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tarsons Products Limited
NSE:TARSONS
|
$137.37 Million |
|
UOA Real Estate Investment Trust
KLSE:5110
|
$137.39 Million |
|
First Farms A/S
CO:FFARMS
|
$137.41 Million |
|
Azerion Group N.V.
AS:AZRN
|
$137.43 Million |
|
Wam Alternative Assets Ltd
AU:WMA
|
$137.29 Million |
|
Dawson Geophysical Company
NASDAQ:DWSN
|
$137.25 Million |
|
Manulife Holdings Bhd
KLSE:1058
|
$137.25 Million |
|
AYER Holdings Bhd
KLSE:2305
|
$137.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ikegps Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 4,770,000 to 25,754,160, a change of 20,984,160 (439.9%).
- Net loss of 7,546,548 reduced equity.
- Other comprehensive income increased equity by 56,989.
- Other factors increased equity by 28,473,719.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-7.55 Million | -29.3% |
| Other Comprehensive Income | AU$56.99K | +0.22% |
| Other Changes | AU$28.47 Million | +110.56% |
| Total Change | AU$- | 439.92% |
Book Value vs Market Value Analysis
This analysis compares Ikegps 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: 7.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 6.19x to 7.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | AU$0.16 | AU$1.00 | x |
| 2014-03-31 | AU$0.24 | AU$1.00 | x |
| 2015-03-31 | AU$0.43 | AU$1.00 | x |
| 2016-03-31 | AU$0.26 | AU$1.00 | x |
| 2017-03-31 | AU$0.18 | AU$1.00 | x |
| 2018-03-31 | AU$0.11 | AU$1.00 | x |
| 2019-03-31 | AU$0.11 | AU$1.00 | x |
| 2020-03-31 | AU$0.11 | AU$1.00 | x |
| 2021-03-31 | AU$0.18 | AU$1.00 | x |
| 2022-03-31 | AU$0.26 | AU$1.00 | x |
| 2023-03-31 | AU$0.21 | AU$1.00 | x |
| 2024-03-31 | AU$0.13 | AU$1.00 | x |
| 2025-03-31 | AU$0.03 | AU$1.00 | x |
| 2026-03-31 | AU$0.14 | AU$1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ikegps Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.21%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.01x
- Recent ROE (-29.30%) is above the historical average (-76.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -97.98% | -41.78% | 0.98x | 2.40x | AU$-1.11 Million |
| 2014 | -61.06% | -128.10% | 0.31x | 1.52x | AU$-2.63 Million |
| 2015 | -22.97% | -138.75% | 0.16x | 1.07x | AU$-7.29 Million |
| 2016 | -66.73% | -103.06% | 0.59x | 1.10x | AU$-10.16 Million |
| 2017 | -100.86% | -189.69% | 0.46x | 1.15x | AU$-11.79 Million |
| 2018 | -84.66% | -87.07% | 0.76x | 1.29x | AU$-7.53 Million |
| 2019 | -54.34% | -63.63% | 0.70x | 1.22x | AU$-6.02 Million |
| 2020 | -52.21% | -57.77% | 0.60x | 1.51x | AU$-6.77 Million |
| 2021 | -34.52% | -80.35% | 0.30x | 1.41x | AU$-9.66 Million |
| 2022 | -20.04% | -49.21% | 0.33x | 1.23x | AU$-11.78 Million |
| 2023 | -23.24% | -25.62% | 0.71x | 1.28x | AU$-11.28 Million |
| 2024 | -74.86% | -71.29% | 0.58x | 1.80x | AU$-17.05 Million |
| 2025 | -342.52% | -64.95% | 0.86x | 6.13x | AU$-16.82 Million |
| 2026 | -29.30% | -28.21% | 0.52x | 2.01x | AU$-10.12 Million |
Industry Comparison
This section compares Ikegps Group Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $22,180,117
- Average return on equity (ROE) among peers: -236.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ikegps Group Ltd (IKE) | AU$25.75 Million | -97.98% | 1.01x | $137.35 Million |
| Catapult Group International Ltd (CAT) | $87.85 Million | -11.88% | 0.41x | $662.75 Million |
| Codan Ltd (CDA) | $71.88 Million | 30.32% | 1.05x | $5.53 Billion |
| Dorsavi Ltd (DVL) | $1.67 Million | 0.00% | 0.24x | $31.92 Million |
| HYDRIX Ltd (HYD) | $1.03 Million | -138.47% | 0.34x | $772.01K |
| Optiscan Imaging Ltd (OIL) | $1.55 Million | -114.02% | 1.22x | $88.66 Million |
| Orexplore Technologies Ltd (OXT) | $8.43 Million | -46.62% | 0.19x | $2.35 Million |
| Structural Monitoring Systems Plc (SMN) | $4.63 Million | 0.00% | 0.15x | $43.49 Million |
| X2M Connect Ltd (X2M) | $405.25K | -1607.43% | 33.98x | $4.19 Million |
About Ikegps Group Ltd
ikeGPS Group Limited, together with its subsidiaries, engages in the design, sale, and delivery of a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies in the United States. The company provides IKE Office Pro, a cloud software to measure, manage, and export pole data from the IKE device; IKE PoleForeman, an application… Read more