Regal Investment Fund Net Assets
Regal Investment Fund net assets. Based on the latest financial reports, Regal Investment Fund (RF1) has net assets worth AU$784.15 Million AUD (≈ $554.84 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$1.24 Billion ≈ $874.93 Million USD) and total liabilities (AU$452.39 Million ≈ $320.09 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 Regal Investment Fund equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$784.15 Million |
| % of Total Assets | 63.41% |
| Annual Growth Rate | 15.69% |
| 5-Year Change | 101.05% |
| 10-Year Change | N/A |
| Growth Volatility | 13.29 |
Net Assets of Regal Investment Fund (2018–2024)
Net assets of Regal Investment Fund from 2018 to 2024. This chart illustrates how Regal Investment Fund's net assets have evolved over time, based on quarterly financial data. See RF1 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Regal Investment Fund (2018–2024)
The table below shows the annual net assets of Regal Investment Fund from 2018 to 2024. For live market cap and overall valuation, see RF1 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$689.52 Million ≈ $487.88 Million |
+11.92% |
| 2023-12-31 | AU$616.07 Million ≈ $435.91 Million |
+4.30% |
| 2022-12-31 | AU$590.67 Million ≈ $417.94 Million |
+21.59% |
| 2021-12-31 | AU$485.80 Million ≈ $343.74 Million |
+41.65% |
| 2020-12-31 | AU$342.96 Million ≈ $242.67 Million |
+17.69% |
| 2019-12-31 | AU$291.42 Million ≈ $206.20 Million |
+1.33% |
| 2018-12-31 | AU$287.59 Million ≈ $203.49 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Regal Investment Fund'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Regal Investment Fund Net Assets Breakdown (December 2024)
Regal Investment Fund net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$689.52 Million | 100.00% |
| Total Equity | AU$689.52 Million | 100.00% |
Regal Investment Fund Competitors by Market Cap
The table below lists competitors of Regal Investment Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongwon System
KO:014820
|
$415.53 Million |
|
Bohus ASA
OL:BOHUS
|
$415.56 Million |
|
Zinzino AB Series B
ST:ZZ-B
|
$415.57 Million |
|
Whitefield Industrials Ltd
AU:WHF
|
$415.57 Million |
|
Guangdong Tecsun Science & Technology Co Ltd
SHE:002908
|
$415.41 Million |
|
Shanghai Hollywave Electronic System Co. Ltd. A
SHG:688682
|
$415.33 Million |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
$415.30 Million |
|
Wuhan DDMC Culture Co Ltd
SHG:600136
|
$415.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Regal Investment Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 616,070,000 to 689,517,000, a change of 73,447,000 (11.9%).
- Net income of 24,537,000 contributed positively to equity growth.
- Dividend payments of 50,200,000 reduced retained earnings.
- Share repurchases of 85,537,000 reduced equity.
- Other factors increased equity by 184,647,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$24.54 Million | +3.56% |
| Dividends Paid | AU$50.20 Million | -7.28% |
| Share Repurchases | AU$85.54 Million | -12.41% |
| Other Changes | AU$184.65 Million | +26.78% |
| Total Change | AU$- | 11.92% |
Book Value vs Market Value Analysis
This analysis compares Regal Investment Fund'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: 0.92x
- 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 1.21x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | AU$2.45 | AU$2.96 | x |
| 2019-12-31 | AU$2.49 | AU$2.96 | x |
| 2020-12-31 | AU$3.26 | AU$2.96 | x |
| 2021-12-31 | AU$2.82 | AU$2.96 | x |
| 2022-12-31 | AU$2.90 | AU$2.96 | x |
| 2023-12-31 | AU$3.26 | AU$2.96 | x |
| 2024-12-31 | AU$3.23 | AU$2.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Regal Investment Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.39%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.65x
- Recent ROE (3.56%) is below the historical average (12.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 2.02% | 71.62% | 0.02x | 1.78x | AU$-22.94 Million |
| 2019 | 14.96% | 46.93% | 0.13x | 2.47x | AU$14.44 Million |
| 2020 | 50.99% | 66.54% | 0.31x | 2.48x | AU$140.57 Million |
| 2021 | -10.80% | -404.91% | 0.01x | 2.36x | AU$-101.02 Million |
| 2022 | 9.47% | 44.83% | 0.10x | 2.11x | AU$-3.13 Million |
| 2023 | 18.19% | 64.94% | 0.16x | 1.78x | AU$50.48 Million |
| 2024 | 3.56% | 30.39% | 0.07x | 1.65x | AU$-44.41 Million |
Industry Comparison
This section compares Regal Investment Fund's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Regal Investment Fund (RF1) | AU$784.15 Million | 2.02% | 0.58x | $415.47 Million |
| Ordinary Fully Paid Deferred Settlement (88EDA) | $148.64 Million | -22.08% | 0.00x | $18.83 Million |
| Ordinary Fully Paid Deferred Settlement (BCNDA) | $62.29 Million | 8.39% | 0.41x | $15.21K |
| Cosmos Exploration Ltd (C1X) | $3.24 Million | -136.28% | 0.04x | $17.12 Million |
| DTI Group Ltd (DTI) | $7.44 Million | 1.16% | 0.80x | $6.97 Million |
| Hillgrove Resources Ltd (HGO) | $15.44 Million | -36.84% | 0.61x | $193.67 Million |
| PATRYS Ltd (PAB) | $4.88 Million | -56.35% | 0.10x | $5.30 Million |
| Perpetual Credit Income Trust (PCI) | $425.19 Million | 0.15% | 0.02x | $306.41 Million |
| Rivco Australia Ltd (RIV) | $144.86 Million | 6.91% | 0.91x | $8.28K |
| Touch Ventures Ltd (TVL) | $913.39K | -1534.73% | 0.09x | $28.77 Million |
About Regal Investment Fund
Regal Investment Fund provides access to a selection of alternative investment strategies which seeks to produce attractive risk adjusted returns over a period of more than five years with limited correlation to equity markets.