Platinum Capital Ltd (PMC) - Net Assets
Based on the latest financial reports, Platinum Capital Ltd (PMC) has net assets worth AU$440.04 Million AUD (≈ $311.36 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$459.02 Million ≈ $324.79 Million USD) and total liabilities (AU$18.98 Million ≈ $13.43 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 Platinum Capital Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$440.04 Million |
| % of Total Assets | 95.87% |
| Annual Growth Rate | 5.18% |
| 5-Year Change | -5.66% |
| 10-Year Change | 28.59% |
| Growth Volatility | 1676.68 |
Platinum Capital Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Platinum Capital Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Platinum Capital Ltd (PMC) total assets for the complete picture of this company's asset base.
Annual Net Assets for Platinum Capital Ltd (1995–2025)
The table below shows the annual net assets of Platinum Capital Ltd from 1995 to 2025. For live valuation and market cap data, see Platinum Capital Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$440.04 Million ≈ $311.36 Million |
-1.41% |
| 2024-06-30 | AU$446.33 Million ≈ $315.81 Million |
-1.10% |
| 2023-06-30 | AU$451.30 Million ≈ $319.32 Million |
+5.18% |
| 2022-06-30 | AU$429.06 Million ≈ $303.59 Million |
-8.01% |
| 2021-06-30 | AU$466.43 Million ≈ $330.03 Million |
+12.85% |
| 2020-06-30 | AU$413.33 Million ≈ $292.46 Million |
-6.29% |
| 2019-06-30 | AU$441.05 Million ≈ $312.07 Million |
-6.42% |
| 2018-06-30 | AU$471.29 Million ≈ $333.47 Million |
+5.77% |
| 2017-06-30 | AU$445.58 Million ≈ $315.27 Million |
+30.20% |
| 2016-06-30 | AU$342.21 Million ≈ $242.14 Million |
-9.60% |
| 2015-06-30 | AU$378.57 Million ≈ $267.87 Million |
+7.25% |
| 2014-06-30 | AU$353.00 Million ≈ $249.77 Million |
+50.25% |
| 2013-06-30 | AU$234.94 Million ≈ $166.24 Million |
+31.17% |
| 2012-06-30 | AU$179.12 Million ≈ $126.74 Million |
-10.06% |
| 2011-06-30 | AU$199.15 Million ≈ $140.91 Million |
-9.04% |
| 2010-06-30 | AU$218.93 Million ≈ $154.91 Million |
+11.35% |
| 2009-06-30 | AU$196.61 Million ≈ $139.12 Million |
+18.00% |
| 2008-06-30 | AU$166.62 Million ≈ $117.89 Million |
-18.29% |
| 2007-06-30 | AU$203.92 Million ≈ $144.28 Million |
-1.76% |
| 2006-06-30 | AU$207.57 Million ≈ $146.87 Million |
+19.71% |
| 2005-06-30 | AU$173.40 Million ≈ $122.69 Million |
-3.89% |
| 2004-06-30 | AU$180.41 Million ≈ $127.66 Million |
+4.34% |
| 2003-06-30 | AU$172.90 Million ≈ $122.34 Million |
-1.16% |
| 2002-06-30 | AU$174.94 Million ≈ $123.78 Million |
+5.36% |
| 2001-06-30 | AU$166.05 Million ≈ $117.49 Million |
+25.89% |
| 2000-06-30 | AU$131.90 Million ≈ $93.33 Million |
+9341.73% |
| 1999-06-30 | AU$1.40 Million ≈ $988.47K |
-98.69% |
| 1998-06-30 | AU$106.53 Million ≈ $75.37 Million |
-1.81% |
| 1997-06-30 | AU$108.48 Million ≈ $76.76 Million |
+4.57% |
| 1996-06-30 | AU$103.75 Million ≈ $73.41 Million |
+7.28% |
| 1995-06-30 | AU$96.71 Million ≈ $68.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Platinum Capital 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 4705500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$43.66 Million | 9.92% |
| Common Stock | AU$396.38 Million | 90.08% |
| Total Equity | AU$440.04 Million | 100.00% |
Platinum Capital Ltd Competitors by Market Cap
The table below lists competitors of Platinum Capital Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Matrix Service Co
NASDAQ:MTRX
|
$342.67 Million |
|
AzureWave Technologies Inc
TW:3694
|
$342.69 Million |
|
Prudential plc
LSE:PRU
|
$342.71 Million |
|
Nordic Paper Holding AB
ST:NPAPER
|
$342.74 Million |
|
Palmer Square Capital BDC Inc.
NYSE:PSBD
|
$342.49 Million |
|
Hubei Mailyard Share Co Ltd
SHG:600107
|
$342.42 Million |
|
Guangdong Yantang Dairy Co Ltd
SHE:002732
|
$342.39 Million |
|
SF Urban Properties AG
SW:SFPN
|
$342.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Platinum Capital Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 446,329,000 to 440,043,000, a change of -6,286,000 (-1.4%).
- Net income of 9,703,000 contributed positively to equity growth.
- Dividend payments of 16,046,000 reduced retained earnings.
- New share issuances of 57,000 increased equity.
- Other comprehensive income decreased equity by 126,767,000.
- Other factors increased equity by 126,767,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$9.70 Million | +2.21% |
| Dividends Paid | AU$16.05 Million | -3.65% |
| Share Issuances | AU$57.00K | +0.01% |
| Other Comprehensive Income | AU$-126.77 Million | -28.81% |
| Other Changes | AU$126.77 Million | +28.81% |
| Total Change | AU$- | -1.41% |
Book Value vs Market Value Analysis
This analysis compares Platinum Capital 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: 1.23x
- 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 1.95x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-06-30 | AU$0.94 | AU$1.83 | x |
| 1996-06-30 | AU$1.01 | AU$1.83 | x |
| 1997-06-30 | AU$1.05 | AU$1.83 | x |
| 1998-06-30 | AU$1.04 | AU$1.83 | x |
| 1999-06-30 | AU$1.03 | AU$1.83 | x |
| 2000-06-30 | AU$1.23 | AU$1.83 | x |
| 2001-06-30 | AU$1.51 | AU$1.83 | x |
| 2002-06-30 | AU$1.55 | AU$1.83 | x |
| 2003-06-30 | AU$1.49 | AU$1.83 | x |
| 2004-06-30 | AU$1.52 | AU$1.83 | x |
| 2005-06-30 | AU$1.41 | AU$1.83 | x |
| 2006-06-30 | AU$1.69 | AU$1.83 | x |
| 2007-06-30 | AU$1.62 | AU$1.83 | x |
| 2008-06-30 | AU$1.30 | AU$1.83 | x |
| 2009-06-30 | AU$1.40 | AU$1.83 | x |
| 2010-06-30 | AU$1.41 | AU$1.83 | x |
| 2011-06-30 | AU$1.20 | AU$1.83 | x |
| 2012-06-30 | AU$1.07 | AU$1.83 | x |
| 2013-06-30 | AU$1.41 | AU$1.83 | x |
| 2014-06-30 | AU$1.74 | AU$1.83 | x |
| 2015-06-30 | AU$1.63 | AU$1.83 | x |
| 2016-06-30 | AU$1.46 | AU$1.83 | x |
| 2017-06-30 | AU$1.79 | AU$1.83 | x |
| 2018-06-30 | AU$1.65 | AU$1.83 | x |
| 2019-06-30 | AU$1.54 | AU$1.83 | x |
| 2020-06-30 | AU$1.43 | AU$1.83 | x |
| 2021-06-30 | AU$1.60 | AU$1.83 | x |
| 2022-06-30 | AU$1.46 | AU$1.83 | x |
| 2023-06-30 | AU$1.53 | AU$1.83 | x |
| 2024-06-30 | AU$1.51 | AU$1.83 | x |
| 2025-06-30 | AU$1.49 | AU$1.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Platinum Capital Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 46.47%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.04x
- Recent ROE (2.21%) is below the historical average (6.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -3.41% | 0.00% | 0.00x | 1.02x | AU$-12.96 Million |
| 1996 | 12.57% | 0.00% | 0.00x | 1.16x | AU$2.67 Million |
| 1997 | 7.13% | 0.00% | 0.00x | 1.07x | AU$-3.11 Million |
| 1998 | 9.20% | 0.00% | 0.00x | 1.14x | AU$-849.60K |
| 1999 | 6.50% | 0.00% | 0.00x | 1.17x | AU$-3.76 Million |
| 2000 | 25.35% | 74.85% | 0.29x | 1.16x | AU$20.24 Million |
| 2001 | 27.66% | 62.04% | 0.40x | 1.11x | AU$29.32 Million |
| 2002 | 11.38% | 43.59% | 0.23x | 1.13x | AU$2.42 Million |
| 2003 | -1.32% | -12.23% | 0.10x | 1.03x | AU$-19.56 Million |
| 2004 | 10.61% | 3844.78% | 0.00x | 1.01x | AU$1.11 Million |
| 2005 | 2.93% | 32.80% | 0.09x | 1.02x | AU$-12.26 Million |
| 2006 | 16.60% | 65.31% | 0.24x | 1.08x | AU$13.71 Million |
| 2007 | 4.47% | 45.13% | 0.09x | 1.05x | AU$-11.28 Million |
| 2008 | -14.32% | 0.00% | -0.18x | 1.00x | AU$-40.52 Million |
| 2009 | 10.46% | 52.84% | 0.19x | 1.04x | AU$905.60K |
| 2010 | 7.87% | 61.60% | 0.13x | 1.01x | AU$-4.66 Million |
| 2011 | -4.41% | 0.00% | -0.04x | 1.03x | AU$-28.69 Million |
| 2012 | -9.80% | 0.00% | -0.06x | 1.03x | AU$-35.46 Million |
| 2013 | 25.03% | 74.26% | 0.31x | 1.07x | AU$35.31 Million |
| 2014 | 9.32% | 62.29% | 0.14x | 1.07x | AU$-2.42 Million |
| 2015 | 11.84% | 63.74% | 0.18x | 1.06x | AU$6.97 Million |
| 2016 | -5.48% | 0.00% | -0.06x | 1.03x | AU$-52.99 Million |
| 2017 | 11.21% | 65.46% | 0.16x | 1.06x | AU$5.37 Million |
| 2018 | 10.68% | 64.41% | 0.15x | 1.07x | AU$3.22 Million |
| 2019 | -0.08% | -6.33% | 0.01x | 1.04x | AU$-44.48 Million |
| 2020 | -2.45% | 0.00% | -0.02x | 1.01x | AU$-51.46 Million |
| 2021 | 14.64% | 66.02% | 0.21x | 1.06x | AU$21.63 Million |
| 2022 | -4.53% | 0.00% | -0.05x | 1.02x | AU$-62.33 Million |
| 2023 | 8.39% | 62.49% | 0.13x | 1.03x | AU$-7.25 Million |
| 2024 | 2.87% | 44.75% | 0.06x | 1.03x | AU$-31.84 Million |
| 2025 | 2.21% | 46.47% | 0.05x | 1.04x | AU$-34.30 Million |
Industry Comparison
This section compares Platinum Capital Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $376,985,936
- Average return on equity (ROE) among peers: -16.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Platinum Capital Ltd (PMC) | AU$440.04 Million | -3.41% | 0.04x | $342.65 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $100.23 Million | -16.95% | 0.04x | $59.64 Million |
| Australian Ethical Investment Ltd (AEF) | $4.54 Million | 10.12% | 0.23x | $318.14 Million |
| Australian Foundation Investment Company Ltd (AFI) | $2.43 Billion | 3.56% | 0.04x | $5.78 Billion |
| Alternative Investment Trust (AIQ) | $12.24 Million | -14.18% | 0.02x | $33.44 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $308.70 Million |
| Amcil Ltd (AMH) | $247.55 Million | 2.41% | 0.09x | $199.13 Million |
| Associate Global Partners Ltd (APL) | $7.55 Million | -115.52% | 0.29x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $70.87 Million | 11.38% | 0.07x | $66.00 Million |
| ARC Funds Ltd (ARC) | $6.50 Million | -46.80% | 0.90x | $3.65 Million |
| Argo Investments Ltd (ARG) | $569.85 Million | -0.86% | 0.06x | $4.74 Billion |
About Platinum Capital Ltd
L1 Global Long Short Fund Limited is a closed-ended equity mutual fund launched and managed by L1 Capital Pty. Limited. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies. The fund employs fundamental analysis with a bottom up approach to create its portfolio. It benchmarks… Read more