NGE Capital Ltd (NGE) - Net Assets
Based on the latest financial reports, NGE Capital Ltd (NGE) has net assets worth AU$59.84 Million AUD (≈ $42.34 Million 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$61.30 Million ≈ $43.37 Million USD) and total liabilities (AU$1.46 Million ≈ $1.03 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 asset resilience ratio of NGE Capital Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$59.84 Million |
| % of Total Assets | 97.62% |
| Annual Growth Rate | 9.99% |
| 5-Year Change | 55.89% |
| 10-Year Change | 190.5% |
| Growth Volatility | 33.18 |
NGE Capital Ltd - Net Assets Trend (2005–2025)
This chart illustrates how NGE Capital Ltd's net assets have evolved over time, based on quarterly financial data. Also explore NGE Capital Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for NGE Capital Ltd (2005–2025)
The table below shows the annual net assets of NGE Capital Ltd from 2005 to 2025. For live valuation and market cap data, see NGE Capital Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$59.84 Million ≈ $42.34 Million |
+22.16% |
| 2024-12-31 | AU$48.99 Million ≈ $34.66 Million |
+9.95% |
| 2023-12-31 | AU$44.56 Million ≈ $31.53 Million |
+24.48% |
| 2022-12-31 | AU$35.79 Million ≈ $25.33 Million |
-6.76% |
| 2021-12-31 | AU$38.39 Million ≈ $27.16 Million |
+23.26% |
| 2020-12-31 | AU$31.14 Million ≈ $22.04 Million |
-7.56% |
| 2019-12-31 | AU$33.69 Million ≈ $23.84 Million |
+10.46% |
| 2018-12-31 | AU$30.50 Million ≈ $21.58 Million |
+29.10% |
| 2017-12-31 | AU$23.62 Million ≈ $16.72 Million |
+14.68% |
| 2016-12-31 | AU$20.60 Million ≈ $14.58 Million |
+2.05% |
| 2015-12-31 | AU$20.19 Million ≈ $14.28 Million |
-63.98% |
| 2014-12-31 | AU$56.05 Million ≈ $39.66 Million |
-10.88% |
| 2013-12-31 | AU$62.89 Million ≈ $44.50 Million |
-15.71% |
| 2012-12-31 | AU$74.61 Million ≈ $52.79 Million |
+9.66% |
| 2011-12-31 | AU$68.04 Million ≈ $48.14 Million |
+13.29% |
| 2010-12-31 | AU$60.06 Million ≈ $42.50 Million |
+28.44% |
| 2009-12-31 | AU$46.76 Million ≈ $33.09 Million |
+86.67% |
| 2008-12-31 | AU$25.05 Million ≈ $17.72 Million |
-5.62% |
| 2007-12-31 | AU$26.54 Million ≈ $18.78 Million |
+80.70% |
| 2006-12-31 | AU$14.69 Million ≈ $10.39 Million |
+64.79% |
| 2005-12-31 | AU$8.91 Million ≈ $6.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to NGE Capital 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 1586000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$75.70 Million | 126.50% |
| Total Equity | AU$59.84 Million | 100.00% |
NGE Capital Ltd Competitors by Market Cap
The table below lists competitors of NGE Capital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wiseway Group Ltd
AU:WWG
|
$33.50 Million |
|
Syntara Ltd
AU:SNT
|
$33.51 Million |
|
DongKoo Bio&Pharma Co. Ltd
KQ:006620
|
$33.52 Million |
|
Generations Bancorp NY Inc
NASDAQ:GBNY
|
$33.52 Million |
|
Trisula International Tbk
JK:TRIS
|
$33.49 Million |
|
Sleep Cycle AB
ST:SLEEP
|
$33.47 Million |
|
Daechang Steel Co Ltd
KQ:140520
|
$33.47 Million |
|
TPC Consolidated Ltd
AU:TPC
|
$33.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NGE Capital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 48,989,000 to 59,843,000, a change of 10,854,000 (22.2%).
- Net income of 12,015,000 contributed positively to equity growth.
- Share repurchases of 1,161,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$12.02 Million | +20.08% |
| Share Repurchases | AU$1.16 Million | -1.94% |
| Total Change | AU$- | 22.16% |
Book Value vs Market Value Analysis
This analysis compares NGE Capital 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: 0.80x
- 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 0.68x to 0.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | AU$2.04 | AU$1.38 | x |
| 2008-12-31 | AU$1.12 | AU$1.38 | x |
| 2009-12-31 | AU$1.80 | AU$1.38 | x |
| 2010-12-31 | AU$1.77 | AU$1.38 | x |
| 2011-12-31 | AU$1.61 | AU$1.38 | x |
| 2012-12-31 | AU$1.76 | AU$1.38 | x |
| 2013-12-31 | AU$1.48 | AU$1.38 | x |
| 2014-12-31 | AU$1.32 | AU$1.38 | x |
| 2015-12-31 | AU$0.48 | AU$1.38 | x |
| 2016-12-31 | AU$0.49 | AU$1.38 | x |
| 2017-12-31 | AU$0.61 | AU$1.38 | x |
| 2018-12-31 | AU$0.82 | AU$1.38 | x |
| 2019-12-31 | AU$0.91 | AU$1.38 | x |
| 2020-12-31 | AU$0.84 | AU$1.38 | x |
| 2021-12-31 | AU$1.04 | AU$1.38 | x |
| 2022-12-31 | AU$0.96 | AU$1.38 | x |
| 2023-12-31 | AU$1.24 | AU$1.38 | x |
| 2024-12-31 | AU$1.37 | AU$1.38 | x |
| 2025-12-31 | AU$1.73 | AU$1.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NGE Capital Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1287.78%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.02x
- Recent ROE (20.08%) is above the historical average (-7.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -23.87% | 0.00% | -0.01x | 1.11x | AU$-8.99 Million |
| 2008 | -7.49% | -386.80% | 0.02x | 1.07x | AU$-4.38 Million |
| 2009 | -7.86% | -26250.00% | 0.00x | 1.02x | AU$-8.35 Million |
| 2010 | -4.04% | -220.05% | 0.02x | 1.13x | AU$-8.43 Million |
| 2011 | -6.68% | 0.00% | -0.01x | 1.36x | AU$-11.35 Million |
| 2012 | 7.67% | 0.00% | -0.03x | 1.29x | AU$-1.74 Million |
| 2013 | -18.81% | 0.00% | -0.02x | 1.36x | AU$-18.12 Million |
| 2014 | -12.54% | -822.72% | 0.01x | 1.42x | AU$-12.63 Million |
| 2015 | -177.21% | -2431.95% | 0.07x | 1.02x | AU$-37.79 Million |
| 2016 | 3.35% | 0.00% | -0.05x | 1.01x | AU$-1.37 Million |
| 2017 | 19.81% | 81.99% | 0.24x | 1.02x | AU$2.32 Million |
| 2018 | 23.06% | 114.30% | 0.20x | 1.01x | AU$3.98 Million |
| 2019 | 9.47% | 72.95% | 0.12x | 1.11x | AU$-179.10K |
| 2020 | -8.32% | -756.43% | 0.01x | 1.01x | AU$-5.70 Million |
| 2021 | 19.43% | 1058.73% | 0.02x | 1.02x | AU$3.56 Million |
| 2022 | -5.35% | -258.30% | 0.02x | 1.00x | AU$-5.49 Million |
| 2023 | 19.95% | 212.76% | 0.09x | 1.02x | AU$4.43 Million |
| 2024 | 9.89% | 154.59% | 0.06x | 1.01x | AU$-53.90K |
| 2025 | 20.08% | 1287.78% | 0.02x | 1.02x | AU$6.03 Million |
Industry Comparison
This section compares NGE Capital Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $718,320,473
- Average return on equity (ROE) among peers: -14.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NGE Capital Ltd (NGE) | AU$59.84 Million | -23.87% | 0.02x | $33.49 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $61.32 Million | 3.33% | 0.06x | $57.22 Million |
| Australian Ethical Investment Ltd (AEF) | $4.32 Million | 8.17% | 0.21x | $314.92 Million |
| Australian Foundation Investment Company Ltd (AFI) | $838.34 Million | 5.86% | 0.13x | $5.89 Billion |
| Alternative Investment Trust (AIQ) | $18.14 Million | 8.58% | 0.01x | $33.32 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $301.56 Million | 5.39% | 0.03x | $298.12 Million |
| Amcil Ltd (AMH) | $225.89 Million | 3.40% | 0.07x | $206.63 Million |
| Associate Global Partners Ltd (APL) | $7.55 Million | -115.52% | 0.29x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $76.70 Million | 6.78% | 0.13x | $66.00 Million |
| ARC Funds Ltd (ARC) | $4.95 Million | -77.91% | 0.59x | $3.65 Million |
| Argo Investments Ltd (ARG) | $5.64 Billion | 3.08% | 0.17x | $4.70 Billion |
About NGE Capital Ltd
NGE Capital Limited operates as an investment company in Australia. It invests in listed and unlisted securities. The company was formerly known as New Guinea Energy Limited and changed its name to NGE Capital Limited in June 2017. NGE Capital Limited was founded in 2005 and is based in Melbourne, Australia.