Playside Studios Ltd (PLY) - Net Assets
Based on the latest financial reports, Playside Studios Ltd (PLY) has net assets worth AU$56.01 Million AUD (≈ $39.63 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$70.75 Million ≈ $50.06 Million USD) and total liabilities (AU$14.74 Million ≈ $10.43 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 Playside Studios Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$56.01 Million |
| % of Total Assets | 79.16% |
| Annual Growth Rate | 55.68% |
| 5-Year Change | 209.48% |
| 10-Year Change | N/A |
| Growth Volatility | 514.97 |
Playside Studios Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Playside Studios Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Playside Studios Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Playside Studios Ltd (2017–2024)
The table below shows the annual net assets of Playside Studios Ltd from 2017 to 2024. For live valuation and market cap data, see market value of Playside Studios Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$39.29 Million ≈ $27.80 Million |
-23.25% |
| 2023-12-31 | AU$51.19 Million ≈ $36.22 Million |
+31.91% |
| 2022-12-31 | AU$38.81 Million ≈ $27.46 Million |
-13.70% |
| 2021-12-31 | AU$44.97 Million ≈ $31.82 Million |
+254.20% |
| 2020-12-31 | AU$12.70 Million ≈ $8.98 Million |
+1477.44% |
| 2019-12-31 | AU$804.85K ≈ $569.48K |
-21.53% |
| 2018-12-31 | AU$1.03 Million ≈ $725.72K |
-42.13% |
| 2017-12-31 | AU$1.77 Million ≈ $1.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Playside Studios 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 623.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$47.05 Million | 119.75% |
| Other Comprehensive Income | AU$788.00K | 2.01% |
| Total Equity | AU$39.29 Million | 100.00% |
Playside Studios Ltd Competitors by Market Cap
The table below lists competitors of Playside Studios Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RGB International Bhd
KLSE:0037
|
$85.11 Million |
|
Maywood Acquisition Corp. Unit
NASDAQ:MAYAU
|
$85.11 Million |
|
Sena Development Public Company Limited
BK:SENA
|
$85.12 Million |
|
Canagold Resources Ltd
TO:CCM
|
$85.12 Million |
|
Superior Plating Technology Co Ltd
TWO:8431
|
$85.09 Million |
|
Sanko Pazarlama Ithalat Ihracat AS
IS:SANKO
|
$85.07 Million |
|
Havila Kystruten AS
OL:HKY
|
$85.03 Million |
|
Cps Technologies
NASDAQ:CPSH
|
$84.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Playside Studios Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,194,000 to 39,291,000, a change of -11,903,000 (-23.3%).
- Net loss of 12,107,000 reduced equity.
- Other comprehensive income decreased equity by 656,000.
- Other factors increased equity by 860,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-12.11 Million | -30.81% |
| Other Comprehensive Income | AU$-656.00K | -1.67% |
| Other Changes | AU$860.00K | +2.19% |
| Total Change | AU$- | -23.25% |
Book Value vs Market Value Analysis
This analysis compares Playside Studios 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: 2.77x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 54.81x to 2.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.00 | AU$0.27 | x |
| 2018-12-31 | AU$0.00 | AU$0.27 | x |
| 2019-12-31 | AU$0.00 | AU$0.27 | x |
| 2020-12-31 | AU$0.04 | AU$0.27 | x |
| 2021-12-31 | AU$0.11 | AU$0.27 | x |
| 2022-12-31 | AU$0.10 | AU$0.27 | x |
| 2023-12-31 | AU$0.12 | AU$0.27 | x |
| 2024-12-31 | AU$0.10 | AU$0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Playside Studios 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): -30.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.86%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.41x
- Recent ROE (-30.81%) is below the historical average (5.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 89.21% | 30.87% | 1.40x | 2.06x | AU$1.40 Million |
| 2018 | -5.05% | -1.20% | 1.45x | 2.90x | AU$-154.36K |
| 2019 | 24.38% | 2.80% | 2.62x | 3.33x | AU$115.75K |
| 2020 | -46.31% | -54.02% | 0.62x | 1.39x | AU$-7.15 Million |
| 2021 | 10.79% | 16.59% | 0.54x | 1.21x | AU$353.10K |
| 2022 | -17.96% | -18.13% | 0.80x | 1.24x | AU$-10.85 Million |
| 2023 | 22.10% | 17.50% | 0.93x | 1.35x | AU$6.19 Million |
| 2024 | -30.81% | -24.86% | 0.88x | 1.41x | AU$-16.04 Million |
Industry Comparison
This section compares Playside Studios Ltd's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $17,611,393
- Average return on equity (ROE) among peers: -139.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Playside Studios Ltd (PLY) | AU$56.01 Million | 89.21% | 0.26x | $85.10 Million |
| Fortifai Ltd (FTI) | $5.29 Million | -205.51% | 1.15x | $165.64 Million |
| Icandy Interactive Ltd (ICI) | $64.70 Million | -20.37% | 0.15x | $14.50 Million |
| Mighty Kingdom Ltd (MKL) | $2.93 Million | -238.64% | 1.24x | $17.13 Million |
| Ordinary Fully Paid Deferred Settlement (MKLDB) | $2.93 Million | -238.64% | 1.24x | $1.15K |
| Streamplay Studio Ltd (SP8) | $12.21 Million | 6.55% | 0.09x | $9.34 Million |
About Playside Studios Ltd
PlaySide Studios Limited develops and sells mobile, PC, and console video games in Australia. It also offers virtual reality games. The company was incorporated in 2011 and is based in Port Melbourne, Australia.