K & S Corporation Ltd
K&S Corporation Limited engages in the transportation and logistics, warehousing, and fuel distribution businesses in Australia and New Zealand. The company operates through three segments: Australian Transport, Fuels, and New Zealand Transport. The company provides road, rail, and coastal sea forwarding for full and break bulk loads, including export packing, wharf lodgement, and the delivery of… Read more
K & S Corporation Ltd (KSC) - Net Assets
Latest net assets as of December 2025: AU$370.58 Million AUD
Based on the latest financial reports, K & S Corporation Ltd (KSC) has net assets worth AU$370.58 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$694.73 Million) and total liabilities (AU$324.14 Million). 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$370.58 Million |
| % of Total Assets | 53.34% |
| Annual Growth Rate | 10.44% |
| 5-Year Change | 39.04% |
| 10-Year Change | 87.39% |
| Growth Volatility | 13.16 |
K & S Corporation Ltd - Net Assets Trend (1989–2025)
This chart illustrates how K & S Corporation 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 K & S Corporation Ltd (1989–2025)
The table below shows the annual net assets of K & S Corporation Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$373.62 Million | +4.97% |
| 2024-06-30 | AU$355.95 Million | +10.65% |
| 2023-06-30 | AU$321.68 Million | +4.80% |
| 2022-06-30 | AU$306.94 Million | +14.23% |
| 2021-06-30 | AU$268.72 Million | +12.36% |
| 2020-06-30 | AU$239.16 Million | -0.49% |
| 2019-06-30 | AU$240.33 Million | +8.81% |
| 2018-06-30 | AU$220.87 Million | +7.55% |
| 2017-06-30 | AU$205.36 Million | +2.99% |
| 2016-06-30 | AU$199.39 Million | -32.31% |
| 2015-06-30 | AU$294.57 Million | +2.54% |
| 2014-06-30 | AU$287.28 Million | +19.88% |
| 2013-06-30 | AU$239.63 Million | +6.54% |
| 2012-06-30 | AU$224.93 Million | +5.30% |
| 2011-06-30 | AU$213.61 Million | +19.29% |
| 2010-06-30 | AU$179.07 Million | +14.62% |
| 2009-06-30 | AU$156.23 Million | +6.64% |
| 2008-06-30 | AU$146.50 Million | +7.67% |
| 2007-06-30 | AU$136.06 Million | +31.77% |
| 2006-06-30 | AU$103.26 Million | +21.62% |
| 2005-06-30 | AU$84.90 Million | +28.66% |
| 2004-06-30 | AU$65.99 Million | +11.61% |
| 2003-06-30 | AU$59.12 Million | +17.32% |
| 2002-06-30 | AU$50.40 Million | -6.23% |
| 2001-06-30 | AU$53.74 Million | +8.33% |
| 2000-06-30 | AU$49.61 Million | +18.41% |
| 1999-06-30 | AU$41.90 Million | +0.66% |
| 1998-06-30 | AU$41.63 Million | -1.16% |
| 1997-06-30 | AU$42.11 Million | +3.51% |
| 1996-06-30 | AU$40.69 Million | +4.87% |
| 1995-06-30 | AU$38.79 Million | +2.78% |
| 1994-06-30 | AU$37.74 Million | +36.28% |
| 1993-06-30 | AU$27.70 Million | +42.72% |
| 1992-06-30 | AU$19.41 Million | +21.67% |
| 1991-06-30 | AU$15.95 Million | +24.12% |
| 1990-06-30 | AU$12.85 Million | +22.87% |
| 1989-06-30 | AU$10.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to K & S Corporation 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 8130.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$68.64 Million | 18.37% |
| Common Stock | AU$179.62 Million | 48.07% |
| Other Comprehensive Income | AU$125.36 Million | 33.55% |
| Total Equity | AU$373.62 Million | 100.00% |
K & S Corporation Ltd Competitors by Market Cap
The table below lists competitors of K & S Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airmate Cayman International Co Ltd
TW:1626
|
$26.74 Million |
|
Taekyung Chem
KO:006890
|
$26.75 Million |
|
LanzaTech Global Inc.
NASDAQ:LNZA
|
$26.75 Million |
|
Garo AB
ST:GARO
|
$26.75 Million |
|
EV Advanced Material Co.Ltd
KQ:131400
|
$26.74 Million |
|
Sree Rayalaseema Hi-Strength Hypo Limited
NSE:SRHHYPOLTD
|
$26.74 Million |
|
Sao Vang Rubber JSC
VN:SRC
|
$26.73 Million |
|
Moorim Paper
KO:009200
|
$26.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K & S Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 355,946,000 to 373,624,000, a change of 17,678,000 (5.0%).
- Net income of 29,197,000 contributed positively to equity growth.
- Dividend payments of 21,896,000 reduced retained earnings.
- Share repurchases of 6,000 reduced equity.
- Other comprehensive income increased equity by 10,383,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$29.20 Million | +7.81% |
| Dividends Paid | AU$21.90 Million | -5.86% |
| Share Repurchases | AU$6.00K | -0.0% |
| Other Comprehensive Income | AU$10.38 Million | +2.78% |
| Total Change | AU$- | 4.97% |
Book Value vs Market Value Analysis
This analysis compares K & S Corporation 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: 1.21x
- 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 39.68x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.08 | AU$3.30 | x |
| 1990-06-30 | AU$0.10 | AU$3.30 | x |
| 1991-06-30 | AU$0.13 | AU$3.30 | x |
| 1992-06-30 | AU$0.41 | AU$3.30 | x |
| 1993-06-30 | AU$0.54 | AU$3.30 | x |
| 1994-06-30 | AU$0.66 | AU$3.30 | x |
| 1995-06-30 | AU$0.65 | AU$3.30 | x |
| 1996-06-30 | AU$0.68 | AU$3.30 | x |
| 1997-06-30 | AU$0.71 | AU$3.30 | x |
| 1998-06-30 | AU$0.66 | AU$3.30 | x |
| 1999-06-30 | AU$0.71 | AU$3.30 | x |
| 2000-06-30 | AU$0.85 | AU$3.30 | x |
| 2001-06-30 | AU$0.91 | AU$3.30 | x |
| 2002-06-30 | AU$0.84 | AU$3.30 | x |
| 2003-06-30 | AU$0.98 | AU$3.30 | x |
| 2004-06-30 | AU$1.09 | AU$3.30 | x |
| 2005-06-30 | AU$1.39 | AU$3.30 | x |
| 2006-06-30 | AU$1.57 | AU$3.30 | x |
| 2007-06-30 | AU$1.98 | AU$3.30 | x |
| 2008-06-30 | AU$2.13 | AU$3.30 | x |
| 2009-06-30 | AU$2.25 | AU$3.30 | x |
| 2010-06-30 | AU$2.54 | AU$3.30 | x |
| 2011-06-30 | AU$2.64 | AU$3.30 | x |
| 2012-06-30 | AU$2.56 | AU$3.30 | x |
| 2013-06-30 | AU$2.65 | AU$3.30 | x |
| 2014-06-30 | AU$2.92 | AU$3.30 | x |
| 2015-06-30 | AU$2.52 | AU$3.30 | x |
| 2016-06-30 | AU$1.67 | AU$3.30 | x |
| 2017-06-30 | AU$1.69 | AU$3.30 | x |
| 2018-06-30 | AU$1.79 | AU$3.30 | x |
| 2019-06-30 | AU$1.91 | AU$3.30 | x |
| 2020-06-30 | AU$1.87 | AU$3.30 | x |
| 2021-06-30 | AU$2.09 | AU$3.30 | x |
| 2022-06-30 | AU$2.36 | AU$3.30 | x |
| 2023-06-30 | AU$2.38 | AU$3.30 | x |
| 2024-06-30 | AU$2.60 | AU$3.30 | x |
| 2025-06-30 | AU$2.73 | AU$3.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K & S Corporation Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.92%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.87x
- Recent ROE (7.81%) is above the historical average (4.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 0.84% | 0.09% | 2.61x | 3.49x | AU$-957.80K |
| 1990 | -0.04% | 0.00% | 2.28x | 3.56x | AU$-1.29 Million |
| 1991 | -0.03% | 0.00% | 2.50x | 2.83x | AU$-1.60 Million |
| 1992 | -0.03% | 0.00% | 2.28x | 2.81x | AU$-1.95 Million |
| 1993 | -0.02% | 0.00% | 2.31x | 2.42x | AU$-2.77 Million |
| 1994 | -0.01% | 0.00% | 2.37x | 2.06x | AU$-3.78 Million |
| 1995 | -0.01% | 0.00% | 2.32x | 2.53x | AU$-3.88 Million |
| 1996 | -0.01% | 0.00% | 2.40x | 2.52x | AU$-4.07 Million |
| 1997 | 11.92% | 1.78% | 2.63x | 2.55x | AU$808.60K |
| 1998 | 6.02% | 0.00% | 0.00x | 2.46x | AU$-1.66 Million |
| 1999 | 10.49% | 0.00% | 0.00x | 2.63x | AU$206.10K |
| 2000 | 22.57% | 4.47% | 2.19x | 2.31x | AU$6.23 Million |
| 2001 | -0.22% | -0.05% | 1.67x | 2.52x | AU$-5.46 Million |
| 2002 | -10.45% | -1.97% | 1.93x | 2.75x | AU$-10.31 Million |
| 2003 | 18.71% | 3.77% | 2.10x | 2.36x | AU$5.15 Million |
| 2004 | 18.44% | 4.12% | 1.91x | 2.34x | AU$5.57 Million |
| 2005 | -0.01% | 0.00% | 1.85x | 2.17x | AU$-8.49 Million |
| 2006 | 17.78% | 5.00% | 1.69x | 2.10x | AU$8.03 Million |
| 2007 | 12.53% | 4.08% | 1.49x | 2.07x | AU$3.44 Million |
| 2008 | 13.43% | 4.21% | 1.57x | 2.03x | AU$5.02 Million |
| 2009 | 11.61% | 4.10% | 1.54x | 1.84x | AU$2.52 Million |
| 2010 | 10.46% | 4.11% | 1.40x | 1.82x | AU$832.10K |
| 2011 | 6.94% | 2.82% | 1.36x | 1.82x | AU$-6.53 Million |
| 2012 | 7.31% | 2.97% | 1.38x | 1.78x | AU$-6.05 Million |
| 2013 | 6.64% | 2.82% | 1.40x | 1.68x | AU$-8.06 Million |
| 2014 | 3.08% | 1.51% | 1.08x | 1.88x | AU$-19.87 Million |
| 2015 | 4.52% | 1.90% | 1.30x | 1.82x | AU$-16.15 Million |
| 2016 | -52.25% | -15.12% | 1.55x | 2.23x | AU$-124.11 Million |
| 2017 | 3.17% | 0.86% | 1.55x | 2.38x | AU$-14.03 Million |
| 2018 | 7.75% | 2.00% | 1.54x | 2.51x | AU$-4.96 Million |
| 2019 | 0.97% | 0.25% | 1.57x | 2.41x | AU$-21.71 Million |
| 2020 | 4.70% | 1.42% | 1.46x | 2.26x | AU$-12.68 Million |
| 2021 | 6.74% | 2.63% | 1.31x | 1.96x | AU$-8.75 Million |
| 2022 | 5.68% | 2.24% | 1.29x | 1.96x | AU$-13.27 Million |
| 2023 | 8.90% | 3.37% | 1.39x | 1.90x | AU$-3.54 Million |
| 2024 | 8.77% | 3.79% | 1.26x | 1.83x | AU$-4.37 Million |
| 2025 | 7.81% | 3.92% | 1.07x | 1.87x | AU$-8.17 Million |
Industry Comparison
This section compares K & S Corporation Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $238,485,768
- Average return on equity (ROE) among peers: -0.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K & S Corporation Ltd (KSC) | AU$370.58 Million | 0.84% | 0.87x | $26.74 Million |
| Dalrymple Bay Infrastructure Ltd (DBI) | $1.06 Billion | 12.22% | 2.34x | $1.46 Billion |
| Freightways Group Ltd (FRW) | $356.61 Million | 19.66% | 2.05x | $1.18 Billion |
| Move Logistics Group Ltd (MOV) | $36.93 Million | 5.46% | 8.33x | $5.70 Million |
| Orcoda Ltd (ODA) | $10.20 Million | -77.61% | 0.13x | $2.57 Million |
| PRL Global Ltd (PRG) | $236.99 Million | 9.23% | 1.04x | $43.86 Million |
| Silk Logistics Holdings Ltd (SLH) | $18.82 Million | 24.44% | 2.58x | $50.08 Million |
| Steamships Trading Company Ltd (SST) | $173.17 Million | -1.92% | 0.90x | $16.65 Million |
| Wiseway Group Ltd (WWG) | $19.00 Million | 3.21% | 2.36x | $8.50 Million |