Metro Performance Glass Ltd
Metro Performance Glass Limited, together with its subsidiaries, supplies processed flat glass and related products for the residential and commercial building sectors in New Zealand and Australia. It offers glass splashbacks, mirror glass, internal glass partitions, and glass canopies and facades, as well as floors and stairs and commercial glass; and shower glass, such as hinged door showers, b… Read more
Metro Performance Glass Ltd (MPP) - Net Assets
Latest net assets as of September 2025: AU$61.55 Million AUD
Based on the latest financial reports, Metro Performance Glass Ltd (MPP) has net assets worth AU$61.55 Million AUD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$198.24 Million) and total liabilities (AU$136.69 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$61.55 Million |
| % of Total Assets | 31.05% |
| Annual Growth Rate | -8.81% |
| 5-Year Change | -58.34% |
| 10-Year Change | -76.06% |
| Growth Volatility | 20.56 |
Metro Performance Glass Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Metro Performance Glass 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 Metro Performance Glass Ltd (2013–2025)
The table below shows the annual net assets of Metro Performance Glass Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | AU$35.58 Million | -27.37% |
| 2024-03-31 | AU$48.99 Million | -35.08% |
| 2023-03-31 | AU$75.47 Million | -11.76% |
| 2022-03-31 | AU$85.53 Million | +0.15% |
| 2021-03-31 | AU$85.40 Million | +12.60% |
| 2020-03-31 | AU$75.84 Million | -51.68% |
| 2019-03-31 | AU$156.96 Million | -2.10% |
| 2018-03-31 | AU$160.34 Million | +2.45% |
| 2017-03-31 | AU$156.50 Million | +5.29% |
| 2016-03-31 | AU$148.63 Million | +4.17% |
| 2015-03-31 | AU$142.68 Million | +19.87% |
| 2014-03-31 | AU$119.03 Million | +10.67% |
| 2013-03-31 | AU$107.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metro Performance Glass 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 1405.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$307.20 Million | 863.35% |
| Other Comprehensive Income | AU$-169.74 Million | -477.04% |
| Total Equity | AU$35.58 Million | 100.00% |
Metro Performance Glass Ltd Competitors by Market Cap
The table below lists competitors of Metro Performance Glass Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OFCO Industrial
TWO:5011
|
$33.80 Million |
|
Luxury Real Estate Investment Fund
BK:LUXF
|
$33.80 Million |
|
Vection Technologies Ltd
AU:VR1
|
$33.82 Million |
|
Hansol Csn
KO:009180
|
$33.82 Million |
|
Sunny Elec
KO:004770
|
$33.79 Million |
|
Land and Houses Freehold and Leasehold Property Fund
BK:LHPF
|
$33.78 Million |
|
Chinese Gamer International
TWO:3083
|
$33.78 Million |
|
Coreana Cosmetics Co.Ltd
KQ:027050
|
$33.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metro Performance Glass Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 48,991,000 to 35,582,000, a change of -13,409,000 (-27.4%).
- Net loss of 13,470,000 reduced equity.
- Other comprehensive income decreased equity by 308,000.
- Other factors increased equity by 369,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-13.47 Million | -37.86% |
| Other Comprehensive Income | AU$-308.00K | -0.87% |
| Other Changes | AU$369.00K | +1.04% |
| Total Change | AU$- | -27.37% |
Book Value vs Market Value Analysis
This analysis compares Metro Performance Glass 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: 4.21x
- 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 0.75x to 4.21x 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$1.08 | AU$0.81 | x |
| 2014-03-31 | AU$1.19 | AU$0.81 | x |
| 2015-03-31 | AU$0.77 | AU$0.81 | x |
| 2016-03-31 | AU$0.80 | AU$0.81 | x |
| 2017-03-31 | AU$0.84 | AU$0.81 | x |
| 2018-03-31 | AU$0.86 | AU$0.81 | x |
| 2019-03-31 | AU$0.85 | AU$0.81 | x |
| 2020-03-31 | AU$0.41 | AU$0.81 | x |
| 2021-03-31 | AU$0.46 | AU$0.81 | x |
| 2022-03-31 | AU$0.46 | AU$0.81 | x |
| 2023-03-31 | AU$0.41 | AU$0.81 | x |
| 2024-03-31 | AU$0.26 | AU$0.81 | x |
| 2025-03-31 | AU$0.19 | AU$0.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metro Performance Glass Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -37.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.09%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 5.73x
- Recent ROE (-37.86%) is below the historical average (-10.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.68% | 6.09% | 0.69x | 1.82x | AU$-2.49 Million |
| 2014 | 10.04% | 7.69% | 0.76x | 1.73x | AU$48.00K |
| 2015 | 10.05% | 8.31% | 0.79x | 1.53x | AU$70.60K |
| 2016 | 13.79% | 10.90% | 0.81x | 1.55x | AU$5.63 Million |
| 2017 | 12.38% | 7.93% | 0.83x | 1.89x | AU$3.72 Million |
| 2018 | 10.15% | 6.07% | 0.89x | 1.88x | AU$244.40K |
| 2019 | 3.21% | 1.88% | 0.93x | 1.83x | AU$-10.65 Million |
| 2020 | -103.98% | -30.94% | 0.99x | 3.41x | AU$-86.45 Million |
| 2021 | 10.00% | 3.68% | 0.97x | 2.80x | AU$3.90K |
| 2022 | -0.54% | -0.19% | 0.86x | 3.19x | AU$-9.01 Million |
| 2023 | -13.98% | -4.00% | 1.04x | 3.37x | AU$-18.09 Million |
| 2024 | -56.16% | -11.50% | 1.09x | 4.47x | AU$-32.41 Million |
| 2025 | -37.86% | -7.09% | 0.93x | 5.73x | AU$-17.03 Million |
Industry Comparison
This section compares Metro Performance Glass Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $153,988,754
- Average return on equity (ROE) among peers: 7.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metro Performance Glass Ltd (MPP) | AU$61.55 Million | 7.68% | 2.22x | $33.80 Million |
| Embelton Ltd (EMB) | $14.13 Million | 14.33% | 0.62x | $945.07K |
| GWA Group Ltd (GWA) | $431.09 Million | 11.26% | 0.88x | $273.39 Million |
| Oldfields Holdings Ltd (OLH) | $16.75 Million | -2.51% | 1.38x | $472.20K |