Kelsian Group Ltd
Kelsian Group Limited provides land and marine transport, and tourism services. It operates through four segments: Marine and Tourism, Australian Bus, International Bus, and Corporate. The Marine and Tourism segment operates vehicle and passenger ferry services, barging, coach tours and package holidays, lunch, dinner, charter cruises, and accommodation facilities. The Australian Bus segment oper… Read more
Kelsian Group Ltd (KLS) - Net Assets
Latest net assets as of December 2025: AU$954.46 Million AUD
Based on the latest financial reports, Kelsian Group Ltd (KLS) has net assets worth AU$954.46 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.51 Billion) and total liabilities (AU$1.56 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$954.46 Million |
| % of Total Assets | 37.96% |
| Annual Growth Rate | 33.17% |
| 5-Year Change | 57.52% |
| 10-Year Change | 599.44% |
| Growth Volatility | 79.24 |
Kelsian Group Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Kelsian Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kelsian Group Ltd (2013–2025)
The table below shows the annual net assets of Kelsian Group Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$957.91 Million | +3.29% |
| 2024-06-30 | AU$927.37 Million | +0.41% |
| 2023-06-30 | AU$923.61 Million | +44.31% |
| 2022-06-30 | AU$640.01 Million | +5.25% |
| 2021-06-30 | AU$608.11 Million | +1.30% |
| 2020-06-30 | AU$600.29 Million | +280.14% |
| 2019-06-30 | AU$157.91 Million | +3.74% |
| 2018-06-30 | AU$152.22 Million | +3.07% |
| 2017-06-30 | AU$147.68 Million | +7.83% |
| 2016-06-30 | AU$136.96 Million | +123.44% |
| 2015-06-30 | AU$61.29 Million | +13.63% |
| 2014-06-30 | AU$53.94 Million | +75.17% |
| 2013-06-30 | AU$30.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kelsian 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 grown by 198.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$64.44 Million | 6.73% |
| Common Stock | AU$859.62 Million | 89.74% |
| Other Comprehensive Income | AU$33.85 Million | 3.53% |
| Total Equity | AU$957.91 Million | 100.00% |
Kelsian Group Ltd Competitors by Market Cap
The table below lists competitors of Kelsian Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Jiangnan High Polymer Fiber Co Ltd
SHG:600527
|
$369.42 Million |
|
Archi Indonesia Tbk PT
JK:ARCI
|
$369.45 Million |
|
Development Investment Construction JSC
VN:DIG
|
$369.49 Million |
|
Caledonia Mining Corporation
NYSE MKT:CMCL
|
$369.54 Million |
|
Fujimori Kogyo Co. Ltd
F:FJ3
|
$369.35 Million |
|
Bukwang Pharm
KO:003000
|
$369.27 Million |
|
Jiu Han System Technology Co. Ltd.
TWO:6903
|
$369.21 Million |
|
VIA Technologies Inc
TW:2388
|
$369.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kelsian Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 927,370,000 to 957,911,999, a change of 30,541,999 (3.3%).
- Net income of 54,494,000 contributed positively to equity growth.
- Dividend payments of 40,905,000 reduced retained earnings.
- Other comprehensive income increased equity by 16,928,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$54.49 Million | +5.69% |
| Dividends Paid | AU$40.91 Million | -4.27% |
| Other Comprehensive Income | AU$16.93 Million | +1.77% |
| Other Changes | AU$25.00K | +0.0% |
| Total Change | AU$- | 3.29% |
Book Value vs Market Value Analysis
This analysis compares Kelsian 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: 1.11x
- 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 7.95x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$0.49 | AU$3.91 | x |
| 2014-06-30 | AU$0.74 | AU$3.91 | x |
| 2015-06-30 | AU$0.79 | AU$3.91 | x |
| 2016-06-30 | AU$1.44 | AU$3.91 | x |
| 2017-06-30 | AU$1.46 | AU$3.91 | x |
| 2018-06-30 | AU$1.50 | AU$3.91 | x |
| 2019-06-30 | AU$1.50 | AU$3.91 | x |
| 2020-06-30 | AU$3.58 | AU$3.91 | x |
| 2021-06-30 | AU$2.74 | AU$3.91 | x |
| 2022-06-30 | AU$2.88 | AU$3.91 | x |
| 2023-06-30 | AU$3.98 | AU$3.91 | x |
| 2024-06-30 | AU$3.42 | AU$3.91 | x |
| 2025-06-30 | AU$3.51 | AU$3.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kelsian 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): 5.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.45%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.61x
- Recent ROE (5.69%) is below the historical average (10.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 22.81% | 7.69% | 1.42x | 2.10x | AU$3.94 Million |
| 2014 | 13.41% | 6.97% | 1.20x | 1.61x | AU$1.84 Million |
| 2015 | 15.25% | 8.40% | 1.24x | 1.47x | AU$3.22 Million |
| 2016 | 16.32% | 12.63% | 0.70x | 1.84x | AU$8.65 Million |
| 2017 | 16.14% | 11.86% | 0.84x | 1.62x | AU$9.06 Million |
| 2018 | 12.85% | 9.37% | 0.69x | 1.97x | AU$4.34 Million |
| 2019 | 13.64% | 8.59% | 0.83x | 1.91x | AU$5.75 Million |
| 2020 | -2.26% | -2.18% | 0.46x | 2.24x | AU$-73.60 Million |
| 2021 | 6.22% | 3.22% | 0.86x | 2.25x | AU$-23.01 Million |
| 2022 | 8.27% | 4.08% | 0.91x | 2.22x | AU$-11.09 Million |
| 2023 | 2.27% | 1.48% | 0.65x | 2.36x | AU$-71.36 Million |
| 2024 | 6.25% | 2.88% | 0.84x | 2.59x | AU$-34.73 Million |
| 2025 | 5.69% | 2.45% | 0.89x | 2.61x | AU$-41.30 Million |
Industry Comparison
This section compares Kelsian Group Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,220,101,000
- Average return on equity (ROE) among peers: 4.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kelsian Group Ltd (KLS) | AU$954.46 Million | 22.81% | 1.63x | $369.42 Million |
| Aurizon Holdings Ltd (AZJ) | $4.44 Billion | 9.15% | 1.66x | $4.22 Billion |
| Engenco Ltd (EGN) | $2.20 Million | 0.00% | 3.08x | $8.87 Million |