Merino & Co. Ltd
Merino & Co. Limited engages in design, manufacturing and sale of variety of wool products in Australia and internationally. The company provides womenswear, including sweaters, cardigans and tops; jackets and vests; poncho and wraps; and dresses and coats. It also offers sweaters and cardigans for men's. In addition, it provides accessories, such as scarves, shawls and wraps; socks; and beanies … Read more
Merino & Co. Ltd (MNC) - Net Assets
Latest net assets as of June 2025: AU$5.56 Million AUD
Based on the latest financial reports, Merino & Co. Ltd (MNC) has net assets worth AU$5.56 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$10.26 Million) and total liabilities (AU$4.71 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$5.56 Million |
| % of Total Assets | 54.14% |
| Annual Growth Rate | 297.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 817.37 |
Merino & Co. Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Merino & Co. 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 Merino & Co. Ltd (2022–2025)
The table below shows the annual net assets of Merino & Co. Ltd from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$5.56 Million | +201.82% |
| 2024-06-30 | AU$1.84 Million | +8.06% |
| 2023-06-30 | AU$1.70 Million | +1830.69% |
| 2022-06-30 | AU$88.23K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Merino & Co. 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 278965000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$9.06 Million | 163.03% |
| Total Equity | AU$5.56 Million | 100.00% |
Merino & Co. Ltd Competitors by Market Cap
The table below lists competitors of Merino & Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MBB (MBB.SG)
STU:MBB
|
$1.85 Million |
|
Tactical Resources Corp.
PINK:USREF
|
$1.85 Million |
|
Interpace Biosciences Inc
OTCQX:IDXG
|
$1.85 Million |
|
DONTNOD Entertainment SA
PA:ALDNE
|
$1.85 Million |
|
Mint Corp
V:MIT
|
$1.85 Million |
|
Fastator AB
ST:FASTAT
|
$1.85 Million |
|
DANAHER
BE:DAP
|
$1.85 Million |
|
Papyrus Australia Ltd
AU:PPY
|
$1.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Merino & Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,840,705 to 5,555,590, a change of 3,714,885 (201.8%).
- Net loss of 2,760,820 reduced equity.
- Other factors increased equity by 6,475,705.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.76 Million | -49.69% |
| Other Changes | AU$6.48 Million | +116.56% |
| Total Change | AU$- | 201.82% |
Book Value vs Market Value Analysis
This analysis compares Merino & Co. 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: 1.59x
- 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 100.33x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | AU$0.00 | AU$0.12 | x |
| 2023-06-30 | AU$0.02 | AU$0.12 | x |
| 2024-06-30 | AU$0.08 | AU$0.12 | x |
| 2025-06-30 | AU$0.08 | AU$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Merino & Co. 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): -49.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -76.94%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.85x
- Recent ROE (-49.69%) is below the historical average (123.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 506.27% | 8.80% | 0.95x | 60.78x | AU$437.91K |
| 2023 | 28.54% | 6.44% | 1.07x | 4.14x | AU$315.87K |
| 2024 | 7.46% | 2.41% | 0.77x | 4.01x | AU$-46.81K |
| 2025 | -49.69% | -76.94% | 0.35x | 1.85x | AU$-3.32 Million |
Industry Comparison
This section compares Merino & Co. Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $135,240,078
- Average return on equity (ROE) among peers: 6.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Merino & Co. Ltd (MNC) | AU$5.56 Million | 506.27% | 0.85x | $1.85 Million |
| Globe International Ltd (GLB) | $136.15 Million | -43.85% | 0.25x | $9.78 Million |
| GLG Corp Ltd (GLE) | $14.64 Million | 46.79% | 0.60x | $557.19K |
| KMD Brands Ltd (KMD) | $254.93 Million | 15.32% | 0.33x | $57.83 Million |