PPK Group Ltd (PPK) - Net Assets
Based on the latest financial reports, PPK Group Ltd (PPK) has net assets worth AU$53.13 Million AUD (≈ $37.59 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$84.84 Million ≈ $60.03 Million USD) and total liabilities (AU$31.71 Million ≈ $22.44 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 PPK financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$53.13 Million |
| % of Total Assets | 62.62% |
| Annual Growth Rate | 11.29% |
| 5-Year Change | -48.91% |
| 10-Year Change | 165.45% |
| Growth Volatility | 189.73 |
PPK Group Ltd - Net Assets Trend (1994–2025)
This chart illustrates how PPK Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of PPK Group Ltd for the complete picture of this company's asset base.
Annual Net Assets for PPK Group Ltd (1994–2025)
The table below shows the annual net assets of PPK Group Ltd from 1994 to 2025. For live valuation and market cap data, see PPK market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$45.09 Million ≈ $31.90 Million |
-51.99% |
| 2024-06-30 | AU$93.92 Million ≈ $66.45 Million |
-11.15% |
| 2023-06-30 | AU$105.71 Million ≈ $74.80 Million |
-6.11% |
| 2022-06-30 | AU$112.58 Million ≈ $79.66 Million |
+27.55% |
| 2021-06-30 | AU$88.26 Million ≈ $62.45 Million |
+62.87% |
| 2020-06-30 | AU$54.19 Million ≈ $38.34 Million |
+79.07% |
| 2019-06-30 | AU$30.26 Million ≈ $21.41 Million |
+95.38% |
| 2018-06-30 | AU$15.49 Million ≈ $10.96 Million |
-5.07% |
| 2017-06-30 | AU$16.32 Million ≈ $11.55 Million |
-3.93% |
| 2016-06-30 | AU$16.99 Million ≈ $12.02 Million |
-32.07% |
| 2015-06-30 | AU$25.00 Million ≈ $17.69 Million |
-33.20% |
| 2014-06-30 | AU$37.43 Million ≈ $26.49 Million |
+22.91% |
| 2013-06-30 | AU$30.45 Million ≈ $21.55 Million |
+4.27% |
| 2012-06-30 | AU$29.21 Million ≈ $20.67 Million |
-1.93% |
| 2011-06-30 | AU$29.78 Million ≈ $21.07 Million |
-14.40% |
| 2010-06-30 | AU$34.79 Million ≈ $24.62 Million |
-1.85% |
| 2009-06-30 | AU$35.45 Million ≈ $25.08 Million |
-7.47% |
| 2008-06-30 | AU$38.31 Million ≈ $27.11 Million |
-18.42% |
| 2007-06-30 | AU$46.96 Million ≈ $33.23 Million |
+1.34% |
| 2006-06-30 | AU$46.34 Million ≈ $32.79 Million |
-1.32% |
| 2005-06-30 | AU$46.96 Million ≈ $33.23 Million |
+0.24% |
| 2004-06-30 | AU$46.84 Million ≈ $33.15 Million |
+8.36% |
| 2003-06-30 | AU$43.23 Million ≈ $30.59 Million |
-2.09% |
| 2002-06-30 | AU$44.15 Million ≈ $31.24 Million |
+41.31% |
| 2001-06-30 | AU$31.25 Million ≈ $22.11 Million |
+4.95% |
| 2000-06-30 | AU$29.77 Million ≈ $21.07 Million |
+1.35% |
| 1999-06-30 | AU$29.38 Million ≈ $20.79 Million |
+4.24% |
| 1998-06-30 | AU$28.18 Million ≈ $19.94 Million |
+7.67% |
| 1997-06-30 | AU$26.17 Million ≈ $18.52 Million |
+4.41% |
| 1996-06-30 | AU$25.07 Million ≈ $17.74 Million |
+31.35% |
| 1995-06-30 | AU$19.09 Million ≈ $13.50 Million |
+1067.28% |
| 1994-06-30 | AU$1.64 Million ≈ $1.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PPK 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 3615.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$62.60 Million | 149.28% |
| Other Comprehensive Income | AU$4.28 Million | 10.20% |
| Other Components | AU$32.33 Million | 77.10% |
| Total Equity | AU$41.93 Million | 100.00% |
PPK Group Ltd Competitors by Market Cap
The table below lists competitors of PPK Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
exax Inc
KQ:060230
|
$20.57 Million |
|
Form Bio Co. Ltd.
KQ:377220
|
$20.59 Million |
|
ERSU Meyve ve Gida Sanayi AS
IS:ERSU
|
$20.59 Million |
|
DLP Resources Inc
V:DLP
|
$20.60 Million |
|
Little Green Pharma Ltd
AU:LGP
|
$20.56 Million |
|
Masterkool International Public Company Limited
BK:KOOL
|
$20.55 Million |
|
Plastofil -L
TA:PPIL
|
$20.55 Million |
|
Rubicon Organics Inc
V:ROMJ
|
$20.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PPK Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 67,743,000 to 41,932,000, a change of -25,811,000 (-38.1%).
- Net loss of 21,553,000 reduced equity.
- Share repurchases of 353,000 reduced equity.
- Other comprehensive income increased equity by 365,000.
- Other factors decreased equity by 4,270,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-21.55 Million | -51.4% |
| Share Repurchases | AU$353.00K | -0.84% |
| Other Comprehensive Income | AU$365.00K | +0.87% |
| Other Changes | AU$-4.27 Million | -10.18% |
| Total Change | AU$- | -38.10% |
Book Value vs Market Value Analysis
This analysis compares PPK 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: 0.69x
- 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 16.48x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-06-30 | AU$0.02 | AU$0.32 | x |
| 1995-06-30 | AU$0.47 | AU$0.32 | x |
| 1996-06-30 | AU$0.55 | AU$0.32 | x |
| 1997-06-30 | AU$0.53 | AU$0.32 | x |
| 1998-06-30 | AU$0.53 | AU$0.32 | x |
| 1999-06-30 | AU$0.56 | AU$0.32 | x |
| 2000-06-30 | AU$0.56 | AU$0.32 | x |
| 2001-06-30 | AU$0.57 | AU$0.32 | x |
| 2002-06-30 | AU$0.74 | AU$0.32 | x |
| 2003-06-30 | AU$0.65 | AU$0.32 | x |
| 2004-06-30 | AU$0.70 | AU$0.32 | x |
| 2005-06-30 | AU$0.68 | AU$0.32 | x |
| 2006-06-30 | AU$0.68 | AU$0.32 | x |
| 2007-06-30 | AU$0.74 | AU$0.32 | x |
| 2008-06-30 | AU$0.63 | AU$0.32 | x |
| 2009-06-30 | AU$0.61 | AU$0.32 | x |
| 2010-06-30 | AU$0.60 | AU$0.32 | x |
| 2011-06-30 | AU$0.53 | AU$0.32 | x |
| 2012-06-30 | AU$0.56 | AU$0.32 | x |
| 2013-06-30 | AU$0.59 | AU$0.32 | x |
| 2014-06-30 | AU$0.68 | AU$0.32 | x |
| 2015-06-30 | AU$0.44 | AU$0.32 | x |
| 2016-06-30 | AU$0.29 | AU$0.32 | x |
| 2017-06-30 | AU$0.22 | AU$0.32 | x |
| 2018-06-30 | AU$0.23 | AU$0.32 | x |
| 2019-06-30 | AU$0.43 | AU$0.32 | x |
| 2020-06-30 | AU$0.61 | AU$0.32 | x |
| 2021-06-30 | AU$0.87 | AU$0.32 | x |
| 2022-06-30 | AU$0.91 | AU$0.32 | x |
| 2023-06-30 | AU$0.85 | AU$0.32 | x |
| 2024-06-30 | AU$0.76 | AU$0.32 | x |
| 2025-06-30 | AU$0.46 | AU$0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PPK Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -51.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -88.85%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.76x
- Recent ROE (-51.40%) is below the historical average (-1.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 5.19% | 0.00% | 0.00x | 13.32x | AU$-78.80K |
| 1995 | 0.37% | 0.00% | 0.00x | 2.31x | AU$-1.85 Million |
| 1996 | 0.18% | 0.00% | 0.00x | 2.79x | AU$-2.45 Million |
| 1997 | 0.02% | 0.00% | 0.00x | 2.46x | AU$-2.60 Million |
| 1998 | 11.29% | 0.00% | 0.00x | 2.58x | AU$360.90K |
| 1999 | 10.83% | 0.00% | 0.00x | 2.46x | AU$242.50K |
| 2000 | 10.77% | 4.64% | 0.90x | 2.58x | AU$228.80K |
| 2001 | 10.52% | 4.67% | 0.89x | 2.54x | AU$162.50K |
| 2002 | 11.04% | 6.11% | 0.83x | 2.19x | AU$455.80K |
| 2003 | 4.83% | 2.47% | 0.90x | 2.16x | AU$-2.23 Million |
| 2004 | 14.80% | 9.30% | 0.82x | 1.94x | AU$2.24 Million |
| 2005 | -0.04% | -0.02% | 0.70x | 2.81x | AU$-4.62 Million |
| 2006 | 9.29% | 19.18% | 0.18x | 2.68x | AU$-326.70K |
| 2007 | 21.53% | 177.14% | 0.09x | 1.35x | AU$5.42 Million |
| 2008 | 1.58% | 14.28% | 0.07x | 1.67x | AU$-3.22 Million |
| 2009 | 1.52% | 10.98% | 0.10x | 1.42x | AU$-3.00 Million |
| 2010 | 2.19% | 16.06% | 0.08x | 1.65x | AU$-2.72 Million |
| 2011 | -8.44% | -40.93% | 0.12x | 1.69x | AU$-5.49 Million |
| 2012 | 5.28% | 20.01% | 0.15x | 1.79x | AU$-1.38 Million |
| 2013 | 7.86% | 47.64% | 0.08x | 1.96x | AU$-649.90K |
| 2014 | 6.76% | 13.02% | 0.24x | 2.18x | AU$-1.21 Million |
| 2015 | -48.48% | -36.77% | 0.74x | 1.79x | AU$-14.62 Million |
| 2016 | -45.70% | -29.12% | 0.75x | 2.08x | AU$-9.46 Million |
| 2017 | 3.43% | 1.92% | 1.18x | 1.51x | AU$-1.07 Million |
| 2018 | -10.08% | -4.45% | 1.48x | 1.53x | AU$-3.11 Million |
| 2019 | 5.95% | 4.62% | 0.81x | 1.59x | AU$-1.23 Million |
| 2020 | 15.87% | 20.75% | 0.62x | 1.23x | AU$3.06 Million |
| 2021 | -7.15% | -332.67% | 0.02x | 1.26x | AU$-13.14 Million |
| 2022 | -3.15% | -155.68% | 0.01x | 1.48x | AU$-10.71 Million |
| 2023 | -10.34% | -123.03% | 0.05x | 1.79x | AU$-15.37 Million |
| 2024 | -15.86% | -38.11% | 0.23x | 1.81x | AU$-17.52 Million |
| 2025 | -51.40% | -88.85% | 0.33x | 1.76x | AU$-25.75 Million |
Industry Comparison
This section compares PPK Group Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $9,589,769
- Average return on equity (ROE) among peers: -26.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PPK Group Ltd (PPK) | AU$53.13 Million | 5.19% | 0.60x | $20.56 Million |
| ChemX Materials Ltd (CMX) | $1.72 Million | -6.82% | 0.21x | $23.74 Million |
| Excelsior Capital Ltd (ECL) | $21.78 Million | 10.35% | 1.40x | $18.46 Million |
| Energy Technologies Ltd (EGY) | $-6.88 Million | 0.00% | 0.00x | $9.20 Million |
| FOS Capital Ltd (FOS) | $2.89 Million | 4.26% | 0.69x | $6.32 Million |
| Li-S Energy Ltd (LIS) | $22.75 Million | -7.40% | 0.02x | $58.89 Million |
| Novonix Ltd (NVX) | $29.18 Million | -35.37% | 0.27x | $152.38 Million |
| Rectifier Technologies Ltd (RFT) | $4.11 Million | 29.90% | 0.48x | $2.93 Million |
| Redflow Ltd (RFX) | $9.12 Million | -149.90% | 0.53x | $18.14 Million |
| SKS Technologies Group Ltd (SKS) | $1.64 Million | -85.14% | 2.30x | $480.89 Million |
About PPK Group Ltd
PPK Group Limited, together with its subsidiaries, provides nanomaterials, artificial intelligence, and energy solutions primarily in Australia. The company designs and manufactures modular lithium iron phosphate batteries and full battery energy storage systems for the stationary storage market, as well as white graphene. PPK Group Limited was formerly known as Plaspak Group Limited and changed … Read more