Objective Corporation Ltd (OCL) - Net Assets

Latest as of December 2025: AU$111.45 Million AUD ≈ $78.86 Million USD

Based on the latest financial reports, Objective Corporation Ltd (OCL) has net assets worth AU$111.45 Million AUD (≈ $78.86 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$198.04 Million ≈ $140.13 Million USD) and total liabilities (AU$86.59 Million ≈ $61.27 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 OCL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$111.45 Million
% of Total Assets	56.27%
Annual Growth Rate	12.39%
5-Year Change	126.17%
10-Year Change	491.26%
Growth Volatility	23.15

Objective Corporation Ltd - Net Assets Trend (1999–2025)

This chart illustrates how Objective Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Also explore OCL total assets for the complete picture of this company's asset base.

Annual Net Assets for Objective Corporation Ltd (1999–2025)

The table below shows the annual net assets of Objective Corporation Ltd from 1999 to 2025. For live valuation and market cap data, see market value of Objective Corporation Ltd.

Year	Net Assets	Change
2025-06-30	AU$106.19 Million ≈ $75.14 Million	+15.05%
2024-06-30	AU$92.30 Million ≈ $65.31 Million	+25.50%
2023-06-30	AU$73.55 Million ≈ $52.04 Million	+18.71%
2022-06-30	AU$61.96 Million ≈ $43.84 Million	+31.96%
2021-06-30	AU$46.95 Million ≈ $33.22 Million	+32.84%
2020-06-30	AU$35.34 Million ≈ $25.01 Million	+17.22%
2019-06-30	AU$30.15 Million ≈ $21.33 Million	+21.93%
2018-06-30	AU$24.73 Million ≈ $17.50 Million	+15.91%
2017-06-30	AU$21.33 Million ≈ $15.10 Million	+18.79%
2016-06-30	AU$17.96 Million ≈ $12.71 Million	+14.97%
2015-06-30	AU$15.62 Million ≈ $11.05 Million	+30.38%
2014-06-30	AU$11.98 Million ≈ $8.48 Million	-16.66%
2013-06-30	AU$14.38 Million ≈ $10.17 Million	+15.77%
2012-06-30	AU$12.42 Million ≈ $8.79 Million	-22.93%
2011-06-30	AU$16.11 Million ≈ $11.40 Million	+10.84%
2010-06-30	AU$14.54 Million ≈ $10.29 Million	-8.11%
2009-06-30	AU$15.82 Million ≈ $11.19 Million	-5.87%
2008-06-30	AU$16.81 Million ≈ $11.89 Million	-6.54%
2007-06-30	AU$17.98 Million ≈ $12.72 Million	-20.86%
2006-06-30	AU$22.72 Million ≈ $16.08 Million	+24.30%
2005-06-30	AU$18.28 Million ≈ $12.93 Million	+52.79%
2004-06-30	AU$11.96 Million ≈ $8.47 Million	+66.24%
2003-06-30	AU$7.20 Million ≈ $5.09 Million	+34.61%
2002-06-30	AU$5.35 Million ≈ $3.78 Million	+47.03%
2001-06-30	AU$3.64 Million ≈ $2.57 Million	-29.51%
2000-06-30	AU$5.16 Million ≈ $3.65 Million	+1.14%
1999-06-30	AU$5.10 Million ≈ $3.61 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Objective Corporation 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 50633900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$101.27 Million	95.36%
Common Stock	AU$13.86 Million	13.05%
Other Comprehensive Income	AU$5.60 Million	5.27%
Total Equity	AU$106.19 Million	100.00%

Objective Corporation Ltd Competitors by Market Cap

The table below lists competitors of Objective Corporation Ltd ranked by their market capitalization.

Company	Market Cap
Hwang Chang General Contractor Co Ltd TW:2543	$783.30 Million
MainStay CBRE Global Infrastructure Megatrends Fund NYSE:MEGI	$783.32 Million
Fujian SuperTech Advanced Material Co Ltd SHG:688398	$783.60 Million
Cosonic Intelligent Tech Co Ltd SHE:300793	$784.06 Million
Beijing Vastdata Technology Co Ltd SHG:603138	$783.08 Million
Mcmillan Shakespeare Ltd AU:MMS	$783.01 Million
Gunkul Engineering Public Company Limited BK:GUNKUL	$782.87 Million
Xiangyang Automobile Bearing Co Ltd SHE:000678	$782.86 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 92,301,000 to 106,191,000, a change of 13,890,000 (15.0%).
Net income of 35,440,000 contributed positively to equity growth.
Dividend payments of 24,810,000 reduced retained earnings.
Share repurchases of 132,000 reduced equity.
Other comprehensive income increased equity by 16,282,000.
Other factors decreased equity by 12,890,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$35.44 Million	+33.37%
Dividends Paid	AU$24.81 Million	-23.36%
Share Repurchases	AU$132.00K	-0.12%
Other Comprehensive Income	AU$16.28 Million	+15.33%
Other Changes	AU$-12.89 Million	-12.14%
Total Change	AU$-	15.05%

Book Value vs Market Value Analysis

This analysis compares Objective Corporation 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: 10.51x
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 305.39x to 10.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1999-06-30	AU$0.04	AU$11.53	x
2000-06-30	AU$0.04	AU$11.53	x
2001-06-30	AU$0.03	AU$11.53	x
2002-06-30	AU$0.04	AU$11.53	x
2003-06-30	AU$0.05	AU$11.53	x
2004-06-30	AU$0.09	AU$11.53	x
2005-06-30	AU$0.14	AU$11.53	x
2006-06-30	AU$0.17	AU$11.53	x
2007-06-30	AU$0.13	AU$11.53	x
2008-06-30	AU$0.12	AU$11.53	x
2009-06-30	AU$0.12	AU$11.53	x
2010-06-30	AU$0.12	AU$11.53	x
2011-06-30	AU$0.13	AU$11.53	x
2012-06-30	AU$0.11	AU$11.53	x
2013-06-30	AU$0.14	AU$11.53	x
2014-06-30	AU$0.13	AU$11.53	x
2015-06-30	AU$0.17	AU$11.53	x
2016-06-30	AU$0.19	AU$11.53	x
2017-06-30	AU$0.23	AU$11.53	x
2018-06-30	AU$0.27	AU$11.53	x
2019-06-30	AU$0.32	AU$11.53	x
2020-06-30	AU$0.38	AU$11.53	x
2021-06-30	AU$0.49	AU$11.53	x
2022-06-30	AU$0.65	AU$11.53	x
2023-06-30	AU$0.77	AU$11.53	x
2024-06-30	AU$0.96	AU$11.53	x
2025-06-30	AU$1.10	AU$11.53	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Objective Corporation 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): 33.37%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 28.70%
• Asset Turnover: 0.64x
• Equity Multiplier: 1.83x
Recent ROE (33.37%) is above the historical average (28.80%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1999	4.13%	0.00%	0.00x	1.85x	AU$-299.29K
2000	100.01%	37.60%	1.37x	1.94x	AU$4.64 Million
2001	-36.11%	-16.26%	1.32x	1.68x	AU$-1.68 Million
2002	31.99%	13.35%	1.52x	1.58x	AU$1.18 Million
2003	29.46%	13.99%	1.43x	1.48x	AU$1.40 Million
2004	45.48%	20.25%	1.47x	1.53x	AU$4.24 Million
2005	43.79%	24.02%	1.18x	1.54x	AU$6.18 Million
2006	31.72%	19.50%	1.13x	1.44x	AU$4.93 Million
2007	-7.16%	-4.16%	1.01x	1.71x	AU$-3.09 Million
2008	12.10%	6.28%	0.98x	1.96x	AU$352.40K
2009	27.51%	11.03%	0.93x	2.67x	AU$2.77 Million
2010	14.58%	5.17%	1.05x	2.69x	AU$665.30K
2011	19.18%	7.89%	1.26x	1.94x	AU$1.48 Million
2012	37.06%	11.82%	1.22x	2.56x	AU$3.36 Million
2013	27.07%	9.69%	1.19x	2.35x	AU$2.45 Million
2014	47.45%	11.84%	1.45x	2.76x	AU$4.49 Million
2015	28.61%	9.04%	1.19x	2.65x	AU$2.91 Million
2016	29.30%	10.49%	1.33x	2.10x	AU$3.47 Million
2017	38.45%	13.10%	1.36x	2.17x	AU$6.07 Million
2018	29.84%	11.69%	1.15x	2.23x	AU$4.91 Million
2019	30.02%	14.58%	0.81x	2.56x	AU$6.04 Million
2020	31.19%	15.83%	0.70x	2.80x	AU$7.49 Million
2021	34.26%	16.95%	0.81x	2.49x	AU$11.39 Million
2022	31.58%	18.39%	0.76x	2.27x	AU$13.37 Million
2023	28.67%	19.36%	0.68x	2.18x	AU$13.73 Million
2024	33.94%	27.29%	0.66x	1.87x	AU$22.10 Million
2025	33.37%	28.70%	0.64x	1.83x	AU$24.82 Million

Industry Comparison

This section compares Objective Corporation Ltd's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $42,012,556
Average return on equity (ROE) among peers: -47.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Objective Corporation Ltd (OCL)	AU$111.45 Million	4.13%	0.78x	$783.09 Million
One Click Group Ltd (1CG)	$2.94 Million	-67.27%	0.54x	$8.32 Million
Thrive Tribe Technologies Ltd (1TT)	$4.53 Million	-27.70%	0.03x	$1.43 Million
Ordinary Fully Paid Deferred Settlement (1TTDB)	$2.53 Million	-140.39%	0.30x	$20.45
LIFE360 Inc (360)	$358.55 Million	-1.27%	0.23x	$3.40 Billion
Pointerra Ltd (3DP)	$4.28 Million	-64.47%	0.19x	$17.22 Million
8COMMON Ltd (8CO)	$5.92 Million	-22.85%	0.35x	$3.96 Million
Aeeris Ltd (AER)	$584.79K	-43.08%	0.80x	$4.98 Million
Aerometrex Ltd (AMX)	$34.70 Million	-11.88%	0.33x	$15.79 Million
Assetowl Ltd (AO1)	$4.13 Million	-98.29%	0.07x	$1.38 Million
Bridge Saas Ltd (BGE)	$1.96 Million	-1.09%	0.41x	$1.84 Million

About Objective Corporation Ltd

AU:OCL Australia Software - Application

Market Cap

$783.09 Million

AU$1.11 Billion AUD

Market Cap Rank

#10262 Global

#252 in Australia

Share Price

AU$11.53

Change (1 day)

+0.96%

52-Week Range

AU$10.90 - AU$22.90

All Time High

AU$22.90