Nine Entertainment Co. Holdings Ltd (NEC) - Net Assets
Based on the latest financial reports, Nine Entertainment Co. Holdings Ltd (NEC) has net assets worth AU$1.65 Billion AUD (≈ $1.17 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.87 Billion ≈ $2.03 Billion USD) and total liabilities (AU$1.22 Billion ≈ $862.39 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 Nine Entertainment Co. Holdings Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.65 Billion |
| % of Total Assets | 57.49% |
| Annual Growth Rate | 31.31% |
| 5-Year Change | -9.3% |
| 10-Year Change | 44.05% |
| Growth Volatility | 210.73 |
Nine Entertainment Co. Holdings Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Nine Entertainment Co. Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See NEC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Nine Entertainment Co. Holdings Ltd (2007–2025)
The table below shows the annual net assets of Nine Entertainment Co. Holdings Ltd from 2007 to 2025. For live valuation and market cap data, see NEC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.78 Billion ≈ $1.26 Billion |
-0.45% |
| 2024-06-30 | AU$1.79 Billion ≈ $1.26 Billion |
-4.85% |
| 2023-06-30 | AU$1.88 Billion ≈ $1.33 Billion |
-9.42% |
| 2022-06-30 | AU$2.07 Billion ≈ $1.47 Billion |
+5.71% |
| 2021-06-30 | AU$1.96 Billion ≈ $1.39 Billion |
+4.15% |
| 2020-06-30 | AU$1.88 Billion ≈ $1.33 Billion |
-32.15% |
| 2019-06-30 | AU$2.77 Billion ≈ $1.96 Billion |
+150.07% |
| 2018-06-30 | AU$1.11 Billion ≈ $784.72 Million |
+12.49% |
| 2017-06-30 | AU$985.89 Million ≈ $697.58 Million |
-20.10% |
| 2016-06-30 | AU$1.23 Billion ≈ $873.02 Million |
+13.96% |
| 2015-06-30 | AU$1.08 Billion ≈ $766.09 Million |
-40.63% |
| 2014-06-30 | AU$1.82 Billion ≈ $1.29 Billion |
+5.98% |
| 2013-06-30 | AU$1.72 Billion ≈ $1.22 Billion |
+237.48% |
| 2012-06-30 | AU$-1.25 Billion ≈ $-885.56 Million |
-373.39% |
| 2011-06-30 | AU$-264.38 Million ≈ $-187.07 Million |
-224.42% |
| 2010-06-30 | AU$212.49 Million ≈ $150.35 Million |
+815.07% |
| 2009-06-30 | AU$23.22 Million ≈ $16.43 Million |
+67.64% |
| 2008-06-30 | AU$13.85 Million ≈ $9.80 Million |
+4.97% |
| 2007-06-30 | AU$13.20 Million ≈ $9.34 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nine Entertainment Co. Holdings 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 24284917200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$1.91 Billion | 121.68% |
| Other Comprehensive Income | AU$-74.70 Million | -4.75% |
| Total Equity | AU$1.57 Billion | 100.00% |
Nine Entertainment Co. Holdings Ltd Competitors by Market Cap
The table below lists competitors of Nine Entertainment Co. Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MannKind Corp
NASDAQ:MNKD
|
$1.04 Billion |
|
VNDIRECT Securities Corp
VN:VND
|
$1.04 Billion |
|
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047
|
$1.04 Billion |
|
RITES Limited
NSE:RITES
|
$1.04 Billion |
|
MYT Netherlands Parent BV
NYSE:MYTE
|
$1.04 Billion |
|
China High-Speed Railway Technology
SHE:000008
|
$1.04 Billion |
|
Arbor Realty Trust
NYSE:ABR
|
$1.04 Billion |
|
Service Stream Ltd
AU:SSM
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nine Entertainment Co. Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,587,660,000 to 1,572,440,000, a change of -15,220,000 (-1.0%).
- Net income of 103,889,000 contributed positively to equity growth.
- Dividend payments of 126,861,000 reduced retained earnings.
- Other comprehensive income decreased equity by 16,442,999.
- Other factors increased equity by 24,194,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$103.89 Million | +6.61% |
| Dividends Paid | AU$126.86 Million | -8.07% |
| Other Comprehensive Income | AU$-16.44 Million | -1.05% |
| Other Changes | AU$24.19 Million | +1.54% |
| Total Change | AU$- | -0.96% |
Book Value vs Market Value Analysis
This analysis compares Nine Entertainment Co. Holdings 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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.51x to 0.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$1.83 | AU$0.93 | x |
| 2014-06-30 | AU$2.07 | AU$0.93 | x |
| 2015-06-30 | AU$1.15 | AU$0.93 | x |
| 2016-06-30 | AU$1.40 | AU$0.93 | x |
| 2017-06-30 | AU$1.13 | AU$0.93 | x |
| 2018-06-30 | AU$1.26 | AU$0.93 | x |
| 2019-06-30 | AU$1.92 | AU$0.93 | x |
| 2020-06-30 | AU$1.03 | AU$0.93 | x |
| 2021-06-30 | AU$1.06 | AU$0.93 | x |
| 2022-06-30 | AU$1.10 | AU$0.93 | x |
| 2023-06-30 | AU$0.99 | AU$0.93 | x |
| 2024-06-30 | AU$0.98 | AU$0.93 | x |
| 2025-06-30 | AU$0.99 | AU$0.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nine Entertainment Co. Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.86%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.52x
- Recent ROE (6.61%) is above the historical average (3.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -3.77% | -61.58% | 0.06x | 1.04x | AU$-1.82 Million |
| 2008 | -6.53% | -195.11% | 0.03x | 1.11x | AU$-2.29 Million |
| 2009 | -2.64% | -150.60% | 0.02x | 1.03x | AU$-2.94 Million |
| 2010 | -0.64% | -0.06% | 0.35x | 31.91x | AU$-17.70 Million |
| 2013 | 69.81% | 94.40% | 0.39x | 1.92x | AU$1.03 Billion |
| 2014 | 3.17% | 3.75% | 0.49x | 1.74x | AU$-124.49 Million |
| 2015 | -54.69% | -43.18% | 0.57x | 2.24x | AU$-700.42 Million |
| 2016 | 26.32% | 25.37% | 0.64x | 1.62x | AU$201.37 Million |
| 2017 | -20.63% | -16.34% | 0.65x | 1.93x | AU$-302.03 Million |
| 2018 | 18.91% | 14.93% | 0.76x | 1.67x | AU$98.76 Million |
| 2019 | 9.06% | 11.90% | 0.45x | 1.71x | AU$-24.19 Million |
| 2020 | -30.03% | -24.33% | 0.59x | 2.10x | AU$-699.16 Million |
| 2021 | 9.33% | 7.26% | 0.60x | 2.16x | AU$-12.09 Million |
| 2022 | 15.82% | 11.05% | 0.65x | 2.20x | AU$109.34 Million |
| 2023 | 10.80% | 6.75% | 0.67x | 2.39x | AU$13.54 Million |
| 2024 | 6.98% | 4.23% | 0.65x | 2.52x | AU$-47.87 Million |
| 2025 | 6.61% | 3.86% | 0.68x | 2.52x | AU$-53.35 Million |
Industry Comparison
This section compares Nine Entertainment Co. Holdings Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,789,379,882
- Average return on equity (ROE) among peers: 93.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nine Entertainment Co. Holdings Ltd (NEC) | AU$1.65 Billion | -3.77% | 0.74x | $1.04 Billion |
| Ai-Media Technologies Ltd (AIM) | $2.71 Million | -143.50% | 3.29x | $33.48 Million |
| Brisbane Broncos Ltd (BBL) | $395.00K | -1.01% | 2.26x | $103.71 Million |
| EVT Ltd (EVT) | $1.01 Billion | 12.86% | 0.47x | $1.37 Billion |
| News Corporation (NWSLV) | $12.70 Billion | 3.99% | 0.23x | $14.15 Billion |
| Swift Tv Ltd (STV) | $-6.23 Million | 0.00% | 0.00x | $7.96 Million |
| Swift Networks Group Ltd (SW1) | $230.48K | 832.78% | 2.06x | $8.71 Million |
| Seven West Media Ltd (SWM) | $174.05 Million | 36.78% | 1.21x | $136.13 Million |
| Southern Cross Media Group Ltd (SXL) | $435.15 Million | 4.39% | 1.37x | $203.26 Million |
About Nine Entertainment Co. Holdings Ltd
Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. The company operates through Broadcasting, Publishing, Domain Group, and Stan segments. It offers television services under the brands, including 9Network, Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video … Read more