NRW Holdings Ltd (NWH) - Net Assets

Latest as of December 2025: AU$641.48 Million AUD ≈ $453.89 Million USD

Based on the latest financial reports, NRW Holdings Ltd (NWH) has net assets worth AU$641.48 Million AUD (≈ $453.89 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$2.05 Billion ≈ $1.45 Billion USD) and total liabilities (AU$1.41 Billion ≈ $996.19 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 NRW Holdings Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$641.48 Million
% of Total Assets	31.3%
Annual Growth Rate	15.51%
5-Year Change	11.9%
10-Year Change	307.24%
Growth Volatility	41.92

NRW Holdings Ltd - Net Assets Trend (2007–2025)

This chart illustrates how NRW Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can NRW Holdings Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for NRW Holdings Ltd (2007–2025)

The table below shows the annual net assets of NRW Holdings Ltd from 2007 to 2025. For live valuation and market cap data, see how much is NRW Holdings Ltd worth.

Year	Net Assets	Change
2025-06-30	AU$610.01 Million ≈ $431.62 Million	-6.52%
2024-06-30	AU$652.56 Million ≈ $461.72 Million	+6.96%
2023-06-30	AU$610.12 Million ≈ $431.70 Million	+3.22%
2022-06-30	AU$591.09 Million ≈ $418.23 Million	+8.43%
2021-06-30	AU$545.12 Million ≈ $385.71 Million	+15.40%
2020-06-30	AU$472.39 Million ≈ $334.25 Million	+62.08%
2019-06-30	AU$291.45 Million ≈ $206.22 Million	+6.90%
2018-06-30	AU$272.64 Million ≈ $192.91 Million	+36.96%
2017-06-30	AU$199.07 Million ≈ $140.86 Million	+32.90%
2016-06-30	AU$149.79 Million ≈ $105.99 Million	+16.69%
2015-06-30	AU$128.36 Million ≈ $90.83 Million	-65.49%
2014-06-30	AU$372.00 Million ≈ $263.22 Million	+5.42%
2013-06-30	AU$352.87 Million ≈ $249.68 Million	+7.20%
2012-06-30	AU$329.18 Million ≈ $232.91 Million	+23.42%
2011-06-30	AU$266.71 Million ≈ $188.71 Million	+57.75%
2010-06-30	AU$169.07 Million ≈ $119.63 Million	+18.85%
2009-06-30	AU$142.25 Million ≈ $100.65 Million	+21.36%
2008-06-30	AU$117.22 Million ≈ $82.94 Million	+157.54%
2007-06-30	AU$45.51 Million ≈ $32.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to NRW 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 grown by 1406.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$203.34 Million	33.33%
Common Stock	AU$383.42 Million	62.85%
Other Comprehensive Income	AU$23.26 Million	3.81%
Total Equity	AU$610.01 Million	100.00%

NRW Holdings Ltd Competitors by Market Cap

The table below lists competitors of NRW Holdings Ltd ranked by their market capitalization.

Company	Market Cap
Shenzhen Sinexcel Electric Co Ltd SHE:300693	$2.21 Billion
Hainan Strait Shipping Co Ltd SHE:002320	$2.21 Billion
Jeju Semiconductor Corp KQ:080220	$2.22 Billion
Schiehallion Fund Ltd LSE:MNTN	$2.22 Billion
ACME Solar Holdings Limited NSE:ACMESOLAR	$2.21 Billion
Beijing Hualian Hypermarket Co Ltd SHG:600361	$2.21 Billion
Guangdong Ellington Electronics Technology Co Ltd SHG:603328	$2.21 Billion
Hanon Systems KO:018880	$2.21 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NRW Holdings Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 652,556,000 to 610,014,000, a change of -42,542,000 (-6.5%).
Net income of 27,674,000 contributed positively to equity growth.
Dividend payments of 72,976,000 reduced retained earnings.
Other comprehensive income increased equity by 2,760,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$27.67 Million	+4.54%
Dividends Paid	AU$72.98 Million	-11.96%
Other Comprehensive Income	AU$2.76 Million	+0.45%
Total Change	AU$-	-6.52%

Book Value vs Market Value Analysis

This analysis compares NRW 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: 5.15x
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 decreased from 37.59x to 5.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-06-30	AU$0.18	AU$6.81	x
2008-06-30	AU$0.48	AU$6.81	x
2009-06-30	AU$0.57	AU$6.81	x
2010-06-30	AU$0.67	AU$6.81	x
2011-06-30	AU$1.04	AU$6.81	x
2012-06-30	AU$1.18	AU$6.81	x
2013-06-30	AU$1.26	AU$6.81	x
2014-06-30	AU$1.33	AU$6.81	x
2015-06-30	AU$0.46	AU$6.81	x
2016-06-30	AU$0.54	AU$6.81	x
2017-06-30	AU$0.63	AU$6.81	x
2018-06-30	AU$0.74	AU$6.81	x
2019-06-30	AU$0.76	AU$6.81	x
2020-06-30	AU$1.15	AU$6.81	x
2021-06-30	AU$1.24	AU$6.81	x
2022-06-30	AU$1.30	AU$6.81	x
2023-06-30	AU$1.33	AU$6.81	x
2024-06-30	AU$1.41	AU$6.81	x
2025-06-30	AU$1.32	AU$6.81	x

Capital Efficiency Dashboard

This dashboard shows how efficiently NRW 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): 4.54%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.85%
• Asset Turnover: 1.92x
• Equity Multiplier: 2.79x
Recent ROE (4.54%) is below the historical average (7.12%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	29.67%	5.25%	1.24x	4.56x	AU$8.95 Million
2008	27.95%	6.85%	1.53x	2.66x	AU$21.04 Million
2009	26.07%	7.15%	1.66x	2.19x	AU$22.87 Million
2010	20.78%	5.71%	1.60x	2.27x	AU$18.23 Million
2011	15.45%	5.47%	1.38x	2.04x	AU$14.53 Million
2012	29.51%	7.15%	1.60x	2.57x	AU$64.22 Million
2013	21.00%	5.39%	1.69x	2.31x	AU$38.82 Million
2014	11.89%	3.90%	1.44x	2.11x	AU$7.04 Million
2015	-179.04%	-29.62%	2.10x	2.88x	AU$-242.66 Million
2016	14.32%	7.45%	0.96x	2.01x	AU$6.47 Million
2017	14.33%	8.28%	1.04x	1.67x	AU$8.62 Million
2018	15.47%	6.15%	1.32x	1.91x	AU$14.90 Million
2019	11.07%	2.99%	1.83x	2.02x	AU$3.13 Million
2020	15.61%	3.68%	1.47x	2.88x	AU$26.51 Million
2021	9.96%	2.44%	1.57x	2.59x	AU$-217.30K
2022	16.48%	4.11%	1.58x	2.53x	AU$38.30 Million
2023	14.04%	3.21%	1.66x	2.63x	AU$24.62 Million
2024	16.11%	3.61%	1.81x	2.47x	AU$39.84 Million
2025	4.54%	0.85%	1.92x	2.79x	AU$-33.33 Million

Industry Comparison

This section compares NRW Holdings Ltd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $14,200,856
Average return on equity (ROE) among peers: -11.46%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NRW Holdings Ltd (NWH)	AU$641.48 Million	29.67%	2.19x	$2.21 Billion
GREEN360 Technologies Ltd (GT3)	$3.81 Million	-42.76%	0.04x	$29.02 Million
SGH Ltd (SGH)	$9.67 Million	0.00%	72.09x	$12.46 Billion
XRF Scientific Ltd (XRF)	$29.12 Million	8.38%	0.08x	$185.15 Million

About NRW Holdings Ltd

AU:NWH Australia Conglomerates

Market Cap

$2.21 Billion

AU$3.13 Billion AUD

Market Cap Rank

#5983 Global

#139 in Australia

Share Price

AU$6.81

Change (1 day)

-2.44%

52-Week Range

AU$2.86 - AU$7.63

All Time High

AU$7.63