Quickstep Holdings Ltd Net Assets
Quickstep Holdings Ltd net assets. Based on the latest financial reports, Quickstep Holdings Ltd (QHL) has net assets worth AU$2.22 Million AUD (≈ $1.57 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$62.38 Million ≈ $44.14 Million USD) and total liabilities (AU$60.16 Million ≈ $42.57 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. Also explore QHL net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.22 Million |
| % of Total Assets | 3.56% |
| Annual Growth Rate | 15.74% |
| 5-Year Change | -40.9% |
| 10-Year Change | N/A |
| Growth Volatility | 263.96 |
Net Assets of Quickstep Holdings Ltd (2004–2024)
Net assets of Quickstep Holdings Ltd from 2004 to 2024. This chart illustrates how Quickstep Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See Quickstep Holdings Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Quickstep Holdings Ltd (2004–2024)
The table below shows the annual net assets of Quickstep Holdings Ltd from 2004 to 2024. For live market cap and overall valuation, see Quickstep Holdings Ltd (QHL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$12.85 Million ≈ $9.09 Million |
-25.40% |
| 2023-06-30 | AU$17.22 Million ≈ $12.18 Million |
-23.05% |
| 2022-06-30 | AU$22.38 Million ≈ $15.83 Million |
+2.05% |
| 2021-06-30 | AU$21.93 Million ≈ $15.51 Million |
+0.87% |
| 2020-06-30 | AU$21.74 Million ≈ $15.38 Million |
-1.37% |
| 2019-06-30 | AU$22.04 Million ≈ $15.59 Million |
+280.88% |
| 2018-06-30 | AU$5.79 Million ≈ $4.09 Million |
-29.28% |
| 2017-06-30 | AU$8.18 Million ≈ $5.79 Million |
-42.52% |
| 2016-06-30 | AU$14.23 Million ≈ $10.07 Million |
+1254.26% |
| 2015-06-30 | AU$-1.23 Million ≈ $-872.43K |
-139.93% |
| 2014-06-30 | AU$3.09 Million ≈ $2.18 Million |
+1062.85% |
| 2013-06-30 | AU$265.55K ≈ $187.90K |
-98.40% |
| 2012-06-30 | AU$16.61 Million ≈ $11.76 Million |
-16.63% |
| 2011-06-30 | AU$19.93 Million ≈ $14.10 Million |
-29.90% |
| 2010-06-30 | AU$28.43 Million ≈ $20.12 Million |
+328.31% |
| 2009-06-30 | AU$6.64 Million ≈ $4.70 Million |
-55.63% |
| 2008-06-30 | AU$14.96 Million ≈ $10.59 Million |
+191.27% |
| 2007-06-30 | AU$5.14 Million ≈ $3.63 Million |
-4.10% |
| 2006-06-30 | AU$5.36 Million ≈ $3.79 Million |
+309.70% |
| 2005-06-30 | AU$1.31 Million ≈ $925.08K |
+89.38% |
| 2004-06-30 | AU$690.38K ≈ $488.49K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Quickstep Holdings 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 11263374600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Quickstep Holdings Ltd Net Assets Breakdown (June 2024)
Quickstep Holdings Ltd net assets breakdown by equity component as of June 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$120.78 Million | 940.33% |
| Other Comprehensive Income | AU$7.08 Million | 55.13% |
| Total Equity | AU$12.85 Million | 100.00% |
Quickstep Holdings Ltd Competitors by Market Cap
The table below lists competitors of Quickstep Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Autech Corporation
KQ:067170
|
$29.19 Million |
|
Skyline Builders Group Holding Limited Class A Ordinary Shares
NASDAQ:SKBL
|
$29.19 Million |
|
Ras Technology Holdings Ltd
AU:RTH
|
$29.21 Million |
|
Horizon Space Acquisition I Corp. Ordinary Shares
NASDAQ:HSPO
|
$29.21 Million |
|
MetalsTech Limited
F:MT1
|
$29.17 Million |
|
Lyka Labs Limited
NSE:LYKALABS
|
$29.17 Million |
|
Dunia Virtual Online Tbk Pt
JK:AREA
|
$29.17 Million |
|
CZR Resources Ltd
AU:CZR
|
$29.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quickstep Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,218,000 to 12,845,000, a change of -4,373,000 (-25.4%).
- Net loss of 4,771,000 reduced equity.
- Other comprehensive income increased equity by 398,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.77 Million | -37.14% |
| Other Comprehensive Income | AU$398.00K | +3.1% |
| Total Change | AU$- | -25.40% |
Book Value vs Market Value Analysis
This analysis compares Quickstep Holdings 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: 3.21x
- 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 increased from 1.49x to 3.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$0.39 | AU$0.58 | x |
| 2005-06-30 | AU$0.15 | AU$0.58 | x |
| 2006-06-30 | AU$0.48 | AU$0.58 | x |
| 2007-06-30 | AU$0.38 | AU$0.58 | x |
| 2008-06-30 | AU$0.94 | AU$0.58 | x |
| 2009-06-30 | AU$0.39 | AU$0.58 | x |
| 2010-06-30 | AU$1.35 | AU$0.58 | x |
| 2011-06-30 | AU$0.93 | AU$0.58 | x |
| 2012-06-30 | AU$0.54 | AU$0.58 | x |
| 2013-06-30 | AU$0.01 | AU$0.58 | x |
| 2014-06-30 | AU$0.08 | AU$0.58 | x |
| 2015-06-30 | AU$-0.03 | AU$0.58 | x |
| 2016-06-30 | AU$0.29 | AU$0.58 | x |
| 2017-06-30 | AU$0.15 | AU$0.58 | x |
| 2018-06-30 | AU$0.10 | AU$0.58 | x |
| 2019-06-30 | AU$0.36 | AU$0.58 | x |
| 2020-06-30 | AU$0.30 | AU$0.58 | x |
| 2021-06-30 | AU$0.31 | AU$0.58 | x |
| 2022-06-30 | AU$0.31 | AU$0.58 | x |
| 2023-06-30 | AU$0.24 | AU$0.58 | x |
| 2024-06-30 | AU$0.18 | AU$0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quickstep Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -37.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.36%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 5.75x
- Recent ROE (-37.14%) is above the historical average (-362.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -126.17% | -260.48% | 0.32x | 1.52x | AU$-940.07K |
| 2005 | -79.55% | -135.52% | 0.28x | 2.13x | AU$-1.17 Million |
| 2006 | -30.60% | -520.47% | 0.04x | 1.35x | AU$-2.17 Million |
| 2007 | -74.43% | -429.74% | 0.12x | 1.47x | AU$-4.34 Million |
| 2008 | -42.13% | -3516.97% | 0.01x | 1.14x | AU$-7.80 Million |
| 2009 | -129.88% | -2739.71% | 0.03x | 1.67x | AU$-9.28 Million |
| 2010 | -38.59% | -2447.04% | 0.01x | 1.15x | AU$-13.81 Million |
| 2011 | -68.92% | -2912.83% | 0.02x | 1.43x | AU$-15.73 Million |
| 2012 | -71.03% | -2345.46% | 0.02x | 1.57x | AU$-13.46 Million |
| 2013 | -6371.76% | -660.28% | 0.11x | 90.86x | AU$-16.95 Million |
| 2014 | -362.09% | -93.16% | 0.36x | 10.75x | AU$-11.49 Million |
| 2015 | 0.00% | -9.96% | 1.55x | 0.00x | AU$-3.81 Million |
| 2016 | -40.65% | -11.54% | 1.28x | 2.76x | AU$-7.21 Million |
| 2017 | -81.43% | -12.83% | 1.41x | 4.50x | AU$-7.48 Million |
| 2018 | -49.97% | -4.90% | 1.83x | 5.56x | AU$-3.47 Million |
| 2019 | 12.22% | 3.68% | 1.47x | 2.26x | AU$489.20K |
| 2020 | 17.90% | 4.73% | 1.23x | 3.07x | AU$1.72 Million |
| 2021 | -1.24% | -0.32% | 1.23x | 3.16x | AU$-2.46 Million |
| 2022 | 3.51% | 0.91% | 1.09x | 3.56x | AU$-1.45 Million |
| 2023 | -33.16% | -6.05% | 1.21x | 4.51x | AU$-7.43 Million |
| 2024 | -37.14% | -5.36% | 1.20x | 5.75x | AU$-6.06 Million |
Industry Comparison
This section compares Quickstep Holdings Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $83,926,816
- Average return on equity (ROE) among peers: -53.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quickstep Holdings Ltd (QHL) | AU$2.22 Million | -126.17% | 27.11x | $29.18 Million |
| Austal Ltd (ASB) | $164.78 Million | 0.36% | 0.69x | $1.32 Billion |
| Droneshield Ltd (DRO) | $2.06 Million | -307.23% | 0.92x | $851.69 Million |
| Electro Optic Systems Holdings Ltd (EOS) | $238.04 Million | 7.82% | 0.57x | $1.23 Billion |
| Highcom Ltd (HCL) | $30.80 Million | -39.02% | 0.29x | $9.62 Million |
| Orbital Corporation Ltd (OEC) | $21.05 Million | 7.96% | 0.79x | $13.94 Million |
| Veem Ltd (VEE) | $46.82 Million | 8.78% | 0.95x | $51.92 Million |
About Quickstep Holdings Ltd
Quickstep Holdings Limited, together with its subsidiaries, manufactures and sells advanced composites for the defense and commercial aerospace, automotive, and other industry sectors in Australia, the United Kingdom, and the United States. The company offers aerospace composite products and drone aero structures. It also provides advanced composite-based design engineering, manufacturing, and la… Read more