Prime Financial Group Ltd (PFG) - Net Assets
Based on the latest financial reports, Prime Financial Group Ltd (PFG) has net assets worth AU$59.05 Million AUD (≈ $41.78 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$104.05 Million ≈ $73.62 Million USD) and total liabilities (AU$45.00 Million ≈ $31.84 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 PFG asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$59.05 Million |
| % of Total Assets | 56.75% |
| Annual Growth Rate | 25.15% |
| 5-Year Change | 35.26% |
| 10-Year Change | 31.78% |
| Growth Volatility | 508.48 |
Prime Financial Group Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Prime Financial Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Prime Financial Group Ltd (PFG) total assets for the complete picture of this company's asset base.
Annual Net Assets for Prime Financial Group Ltd (2004–2025)
The table below shows the annual net assets of Prime Financial Group Ltd from 2004 to 2025. For live valuation and market cap data, see PFG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$59.05 Million ≈ $41.78 Million |
+11.96% |
| 2024-06-30 | AU$52.74 Million ≈ $37.32 Million |
+6.91% |
| 2023-06-30 | AU$49.33 Million ≈ $34.91 Million |
+5.76% |
| 2022-06-30 | AU$46.65 Million ≈ $33.01 Million |
+6.86% |
| 2021-06-30 | AU$43.66 Million ≈ $30.89 Million |
+6.03% |
| 2020-06-30 | AU$41.17 Million ≈ $29.13 Million |
+4.28% |
| 2019-06-30 | AU$39.48 Million ≈ $27.94 Million |
-0.89% |
| 2018-06-30 | AU$39.84 Million ≈ $28.19 Million |
-16.21% |
| 2017-06-30 | AU$47.54 Million ≈ $33.64 Million |
+6.10% |
| 2016-06-30 | AU$44.81 Million ≈ $31.71 Million |
+10.40% |
| 2015-06-30 | AU$40.59 Million ≈ $28.72 Million |
-34.28% |
| 2014-06-30 | AU$61.76 Million ≈ $43.70 Million |
-2.10% |
| 2013-06-30 | AU$63.08 Million ≈ $44.64 Million |
-7.41% |
| 2012-06-30 | AU$68.13 Million ≈ $48.21 Million |
+0.26% |
| 2011-06-30 | AU$67.96 Million ≈ $48.08 Million |
+0.97% |
| 2010-06-30 | AU$67.30 Million ≈ $47.62 Million |
+2.09% |
| 2009-06-30 | AU$65.93 Million ≈ $46.65 Million |
+1.65% |
| 2008-06-30 | AU$64.86 Million ≈ $45.89 Million |
+4.00% |
| 2007-06-30 | AU$62.36 Million ≈ $44.12 Million |
+222.09% |
| 2006-06-30 | AU$19.36 Million ≈ $13.70 Million |
+46.40% |
| 2005-06-30 | AU$13.22 Million ≈ $9.36 Million |
+2390.46% |
| 2004-06-30 | AU$531.00K ≈ $375.72K |
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Equity Component Analysis
This analysis shows how different components contribute to Prime Financial 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 decreased by 1993273500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$77.64 Million | 133.04% |
| Other Comprehensive Income | AU$649.75K | 1.11% |
| Total Equity | AU$58.36 Million | 100.00% |
Prime Financial Group Ltd Competitors by Market Cap
The table below lists competitors of Prime Financial Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Steppe Cement
F:ST9
|
$40.52 Million |
|
Mithril Silver and Gold Ltd
AU:MTH
|
$40.53 Million |
|
FAR Ltd
AU:FAR
|
$40.54 Million |
|
Morixe Hermanos SACI
BA:MORI
|
$40.54 Million |
|
Myungmoon Phar
KO:017180
|
$40.51 Million |
|
Industrial Investment Trust Limited
NSE:IITL
|
$40.50 Million |
|
MoneyHero Limited Class A Ordinary Shares
NASDAQ:MNY
|
$40.50 Million |
|
Malayan United Industries Bhd
KLSE:3891
|
$40.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prime Financial Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 52,116,488 to 58,356,460, a change of 6,239,972 (12.0%).
- Net income of 4,610,668 contributed positively to equity growth.
- Dividend payments of 3,900,470 reduced retained earnings.
- Share repurchases of 2,026,440 reduced equity.
- New share issuances of 2,026,437 increased equity.
- Other comprehensive income decreased equity by 588,497.
- Other factors increased equity by 6,118,274.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$4.61 Million | +7.9% |
| Dividends Paid | AU$3.90 Million | -6.68% |
| Share Repurchases | AU$2.03 Million | -3.47% |
| Share Issuances | AU$2.03 Million | +3.47% |
| Other Comprehensive Income | AU$-588.50K | -1.01% |
| Other Changes | AU$6.12 Million | +10.48% |
| Total Change | AU$- | 11.97% |
Book Value vs Market Value Analysis
This analysis compares Prime Financial 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: 0.91x
- 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 decreased from 26.32x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$0.01 | AU$0.22 | x |
| 2005-06-30 | AU$0.20 | AU$0.22 | x |
| 2006-06-30 | AU$0.21 | AU$0.22 | x |
| 2007-06-30 | AU$0.55 | AU$0.22 | x |
| 2008-06-30 | AU$0.48 | AU$0.22 | x |
| 2009-06-30 | AU$0.47 | AU$0.22 | x |
| 2010-06-30 | AU$0.42 | AU$0.22 | x |
| 2011-06-30 | AU$0.42 | AU$0.22 | x |
| 2012-06-30 | AU$0.42 | AU$0.22 | x |
| 2013-06-30 | AU$0.38 | AU$0.22 | x |
| 2014-06-30 | AU$0.42 | AU$0.22 | x |
| 2015-06-30 | AU$0.26 | AU$0.22 | x |
| 2016-06-30 | AU$0.26 | AU$0.22 | x |
| 2017-06-30 | AU$0.26 | AU$0.22 | x |
| 2018-06-30 | AU$0.20 | AU$0.22 | x |
| 2019-06-30 | AU$0.22 | AU$0.22 | x |
| 2020-06-30 | AU$0.23 | AU$0.22 | x |
| 2021-06-30 | AU$0.24 | AU$0.22 | x |
| 2022-06-30 | AU$0.23 | AU$0.22 | x |
| 2023-06-30 | AU$0.24 | AU$0.22 | x |
| 2024-06-30 | AU$0.25 | AU$0.22 | x |
| 2025-06-30 | AU$0.24 | AU$0.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prime Financial Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3822.19%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.78x
- Recent ROE (7.90%) is above the historical average (1.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -24.91% | -592.45% | 0.03x | 1.20x | AU$-185.37K |
| 2005 | 4.42% | 73.04% | 0.06x | 1.01x | AU$-737.38K |
| 2006 | 9.84% | 70.95% | 0.13x | 1.03x | AU$-31.84K |
| 2007 | 8.21% | 687.83% | 0.01x | 1.13x | AU$-1.12 Million |
| 2008 | 10.52% | 414.08% | 0.02x | 1.20x | AU$338.49K |
| 2009 | 1.64% | 8.83% | 0.16x | 1.19x | AU$-5.51 Million |
| 2010 | 5.44% | 167.49% | 0.03x | 1.16x | AU$-3.07 Million |
| 2011 | 5.65% | 31.11% | 0.16x | 1.17x | AU$-2.96 Million |
| 2012 | 4.13% | 23.29% | 0.15x | 1.19x | AU$-4.00 Million |
| 2013 | 4.45% | 22.98% | 0.17x | 1.17x | AU$-3.48 Million |
| 2014 | 4.32% | 25.29% | 0.14x | 1.19x | AU$-3.45 Million |
| 2015 | -54.62% | -171.48% | 0.23x | 1.36x | AU$-24.24 Million |
| 2016 | 8.46% | 23.38% | 0.27x | 1.34x | AU$-588.34K |
| 2017 | 7.02% | 15.29% | 0.30x | 1.53x | AU$-1.24 Million |
| 2018 | -3.37% | -5.33% | 0.35x | 1.79x | AU$-4.51 Million |
| 2019 | 3.44% | 6.02% | 0.39x | 1.45x | AU$-2.51 Million |
| 2020 | 5.34% | 9.89% | 0.37x | 1.47x | AU$-1.86 Million |
| 2021 | 7.17% | 13.77% | 0.38x | 1.36x | AU$-1.21 Million |
| 2022 | 8.29% | 14.49% | 0.44x | 1.30x | AU$-789.38K |
| 2023 | 9.05% | 13.07% | 0.50x | 1.38x | AU$-461.27K |
| 2024 | 5.47% | 6.99% | 0.50x | 1.58x | AU$-2.36 Million |
| 2025 | 7.90% | 3822.19% | 0.00x | 1.78x | AU$-1.22 Million |
Industry Comparison
This section compares Prime Financial Group 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 |
|---|---|---|---|---|
| Prime Financial Group Ltd (PFG) | AU$59.05 Million | -24.91% | 0.76x | $40.51 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 Prime Financial Group Ltd
Prime Financial Group Limited provides wealth management, corporate finance, self-managed superannuation fund (SMSF), accounting and business, and ESG advisory services in Australia. It operates through two segments: Wealth, and Business. The company offers accounting and business advisory services, such as accounting and tax compliance, business growth advisory and strategy, outsourced CFO and a… Read more