Netwealth Group Ltd (NWL) - Net Assets
Based on the latest financial reports, Netwealth Group Ltd (NWL) has net assets worth AU$149.56 Million AUD (≈ $105.82 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$306.45 Million ≈ $216.83 Million USD) and total liabilities (AU$156.90 Million ≈ $111.01 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 Netwealth Group Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$149.56 Million |
| % of Total Assets | 48.8% |
| Annual Growth Rate | 9.91% |
| 5-Year Change | 113.71% |
| 10-Year Change | 361.65% |
| Growth Volatility | 114.04 |
Netwealth Group Ltd - Net Assets Trend (1999–2025)
This chart illustrates how Netwealth Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Netwealth Group Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Netwealth Group Ltd (1999–2025)
The table below shows the annual net assets of Netwealth Group Ltd from 1999 to 2025. For live valuation and market cap data, see Netwealth Group Ltd (NWL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$199.14 Million ≈ $140.90 Million |
+37.79% |
| 2024-06-30 | AU$144.52 Million ≈ $102.26 Million |
+17.45% |
| 2023-06-30 | AU$123.05 Million ≈ $87.07 Million |
+18.04% |
| 2022-06-30 | AU$104.24 Million ≈ $73.76 Million |
+11.87% |
| 2021-06-30 | AU$93.18 Million ≈ $65.93 Million |
+22.56% |
| 2020-06-30 | AU$76.03 Million ≈ $53.80 Million |
+19.08% |
| 2019-06-30 | AU$63.85 Million ≈ $45.18 Million |
-5.29% |
| 2018-06-30 | AU$67.41 Million ≈ $47.70 Million |
+75.93% |
| 2017-06-30 | AU$38.32 Million ≈ $27.11 Million |
-11.17% |
| 2016-06-30 | AU$43.14 Million ≈ $30.52 Million |
+8.96% |
| 2015-06-30 | AU$39.59 Million ≈ $28.01 Million |
+0.02% |
| 2014-06-30 | AU$39.58 Million ≈ $28.01 Million |
+12.25% |
| 2002-06-30 | AU$35.26 Million ≈ $24.95 Million |
-31.49% |
| 2001-06-30 | AU$51.47 Million ≈ $36.42 Million |
-45.47% |
| 2000-06-30 | AU$94.39 Million ≈ $66.79 Million |
+453.33% |
| 1999-06-30 | AU$17.06 Million ≈ $12.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Netwealth Group 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 16814100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$146.00 Million | 73.32% |
| Common Stock | AU$42.03 Million | 21.11% |
| Other Comprehensive Income | AU$11.10 Million | 5.58% |
| Total Equity | AU$199.14 Million | 100.00% |
Netwealth Group Ltd Competitors by Market Cap
The table below lists competitors of Netwealth Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MeiHua Holdings Group Co Ltd
SHG:600873
|
$4.07 Billion |
|
Parq Arauco
SN:PARAUCO
|
$4.07 Billion |
|
Bethel Automotive Safety Systems Co Ltd Class A
SHG:603596
|
$4.07 Billion |
|
Fujian Funeng Co Ltd
SHG:600483
|
$4.07 Billion |
|
Hamilton Lane Inc
NASDAQ:HLNE
|
$4.07 Billion |
|
Canadian Apartment Properties Real Estate Investment Trust
TO:CAR-UN
|
$4.06 Billion |
|
Corporación Moctezuma S.A.B. de C.V
MX:CMOCTEZ
|
$4.06 Billion |
|
Kenon Holdings
NYSE:KEN
|
$4.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netwealth Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 144,520,000 to 199,137,000, a change of 54,617,000 (37.8%).
- Net income of 116,520,000 contributed positively to equity growth.
- Dividend payments of 77,066,000 reduced retained earnings.
- Share repurchases of 13,399,000 reduced equity.
- New share issuances of 13,399,000 increased equity.
- Other comprehensive income increased equity by 1,512,000.
- Other factors increased equity by 13,651,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$116.52 Million | +58.51% |
| Dividends Paid | AU$77.07 Million | -38.7% |
| Share Repurchases | AU$13.40 Million | -6.73% |
| Share Issuances | AU$13.40 Million | +6.73% |
| Other Comprehensive Income | AU$1.51 Million | +0.76% |
| Other Changes | AU$13.65 Million | +6.86% |
| Total Change | AU$- | 37.79% |
Book Value vs Market Value Analysis
This analysis compares Netwealth Group 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: 28.89x
- 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 131.89x to 28.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-06-30 | AU$0.18 | AU$23.44 | x |
| 2015-06-30 | AU$0.17 | AU$23.44 | x |
| 2016-06-30 | AU$0.18 | AU$23.44 | x |
| 2017-06-30 | AU$0.16 | AU$23.44 | x |
| 2018-06-30 | AU$0.29 | AU$23.44 | x |
| 2019-06-30 | AU$0.27 | AU$23.44 | x |
| 2020-06-30 | AU$0.32 | AU$23.44 | x |
| 2021-06-30 | AU$0.39 | AU$23.44 | x |
| 2022-06-30 | AU$0.43 | AU$23.44 | x |
| 2023-06-30 | AU$0.50 | AU$23.44 | x |
| 2024-06-30 | AU$0.59 | AU$23.44 | x |
| 2025-06-30 | AU$0.81 | AU$23.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netwealth Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 58.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.31%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 1.29x
- Recent ROE (58.51%) is above the historical average (15.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -30.76% | -105.56% | 0.23x | 1.29x | AU$-7.04 Million |
| 2000 | -17.09% | -155.38% | 0.10x | 1.10x | AU$-25.55 Million |
| 2001 | -100.50% | -114.67% | 0.46x | 1.90x | AU$-56.83 Million |
| 2002 | -119.28% | -29.20% | 1.65x | 2.48x | AU$-45.83 Million |
| 2014 | 22.07% | 18.78% | 0.94x | 1.25x | AU$4.48 Million |
| 2015 | 15.77% | 11.46% | 1.00x | 1.38x | AU$2.16 Million |
| 2016 | 21.21% | 15.70% | 0.97x | 1.39x | AU$4.83 Million |
| 2017 | 35.37% | 22.35% | 1.27x | 1.25x | AU$9.72 Million |
| 2018 | 30.88% | 25.00% | 1.06x | 1.17x | AU$14.08 Million |
| 2019 | 53.71% | 34.72% | 1.21x | 1.28x | AU$27.91 Million |
| 2020 | 57.43% | 35.98% | 1.08x | 1.47x | AU$36.06 Million |
| 2021 | 58.06% | 38.11% | 1.08x | 1.41x | AU$44.78 Million |
| 2022 | 53.29% | 32.14% | 1.27x | 1.31x | AU$45.13 Million |
| 2023 | 54.57% | 32.44% | 1.28x | 1.32x | AU$54.85 Million |
| 2024 | 57.69% | 32.66% | 1.35x | 1.31x | AU$68.92 Million |
| 2025 | 58.51% | 37.31% | 1.21x | 1.29x | AU$96.61 Million |
Industry Comparison
This section compares Netwealth Group Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $29,088,351
- Average return on equity (ROE) among peers: -29.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netwealth Group Ltd (NWL) | AU$149.56 Million | -30.76% | 1.05x | $4.07 Billion |
| One Click Group Ltd (1CG) | $722.40K | -186.50% | 0.31x | $8.32 Million |
| Thrive Tribe Technologies Ltd (1TT) | $1.36 Million | -159.28% | 0.24x | $1.43 Million |
| Ordinary Fully Paid Deferred Settlement (1TTDB) | $1.36 Million | -159.28% | 0.24x | $20.82 |
| LIFE360 Inc (360) | $247.06 Million | -11.40% | 0.30x | $3.40 Billion |
| Pointerra Ltd (3DP) | $1.69 Million | 327.54% | 0.02x | $17.22 Million |
| 8COMMON Ltd (8CO) | $-403.68K | 0.00% | 0.00x | $3.96 Million |
| Aeeris Ltd (AER) | $1.06 Million | 44.13% | 0.61x | $4.98 Million |
| Aerometrex Ltd (AMX) | $37.60 Million | -0.78% | 0.33x | $15.79 Million |
| Assetowl Ltd (AO1) | $-1.17 Million | 0.00% | 0.00x | $1.38 Million |
| Bridge Saas Ltd (BGE) | $1.59 Million | -146.32% | 0.42x | $1.84 Million |
About Netwealth Group Ltd
Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. The company operates a platform that offers superannuation, including accumulation and retirement income products; investor directed portfolio services for self-managed superannuation and non-superannuation investments; managed accounts and funds, self-managed superannuation funds admini… Read more