Ridley Corporation Ltd (RIC) - Net Assets
Based on the latest financial reports, Ridley Corporation Ltd (RIC) has net assets worth AU$458.12 Million AUD (≈ $324.15 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$734.55 Million ≈ $519.74 Million USD) and total liabilities (AU$276.44 Million ≈ $195.60 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 financial resilience of Ridley Corporation Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$458.12 Million |
| % of Total Assets | 62.37% |
| Annual Growth Rate | 11.77% |
| 5-Year Change | 59.32% |
| 10-Year Change | 84.81% |
| Growth Volatility | 66.24 |
Ridley Corporation Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Ridley Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ridley Corporation Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Ridley Corporation Ltd (1989–2025)
The table below shows the annual net assets of Ridley Corporation Ltd from 1989 to 2025. For live valuation and market cap data, see RIC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$458.12 Million ≈ $324.15 Million |
+41.78% |
| 2024-06-30 | AU$323.12 Million ≈ $228.63 Million |
+2.45% |
| 2023-06-30 | AU$315.39 Million ≈ $223.16 Million |
-0.20% |
| 2022-06-30 | AU$316.03 Million ≈ $223.61 Million |
+9.91% |
| 2021-06-30 | AU$287.55 Million ≈ $203.46 Million |
+9.90% |
| 2020-06-30 | AU$261.64 Million ≈ $185.13 Million |
-5.71% |
| 2019-06-30 | AU$277.50 Million ≈ $196.35 Million |
+5.47% |
| 2018-06-30 | AU$263.11 Million ≈ $186.16 Million |
+1.26% |
| 2017-06-30 | AU$259.82 Million ≈ $183.84 Million |
+4.82% |
| 2016-06-30 | AU$247.88 Million ≈ $175.39 Million |
+7.85% |
| 2015-06-30 | AU$229.83 Million ≈ $162.62 Million |
+4.58% |
| 2014-06-30 | AU$219.77 Million ≈ $155.50 Million |
+5.89% |
| 2013-06-30 | AU$207.55 Million ≈ $146.86 Million |
-28.55% |
| 2012-06-30 | AU$290.48 Million ≈ $205.54 Million |
-0.17% |
| 2011-06-30 | AU$290.97 Million ≈ $205.88 Million |
+2.04% |
| 2010-06-30 | AU$285.16 Million ≈ $201.77 Million |
+3.24% |
| 2009-06-30 | AU$276.21 Million ≈ $195.44 Million |
-25.24% |
| 2008-06-30 | AU$369.44 Million ≈ $261.41 Million |
-4.84% |
| 2007-06-30 | AU$388.23 Million ≈ $274.70 Million |
-1.48% |
| 2006-06-30 | AU$394.07 Million ≈ $278.83 Million |
+3.17% |
| 2005-06-30 | AU$381.95 Million ≈ $270.25 Million |
+3.62% |
| 2004-06-30 | AU$368.62 Million ≈ $260.82 Million |
+0.93% |
| 2003-06-30 | AU$365.22 Million ≈ $258.42 Million |
+3.84% |
| 2002-06-30 | AU$351.70 Million ≈ $248.85 Million |
+7.74% |
| 2001-06-30 | AU$326.42 Million ≈ $230.96 Million |
+7.80% |
| 2000-06-30 | AU$302.81 Million ≈ $214.26 Million |
+27.77% |
| 1999-06-30 | AU$236.99 Million ≈ $167.69 Million |
-15.14% |
| 1998-06-30 | AU$279.29 Million ≈ $197.61 Million |
+44.88% |
| 1997-06-30 | AU$192.78 Million ≈ $136.40 Million |
+21.64% |
| 1996-06-30 | AU$158.48 Million ≈ $112.13 Million |
+4.40% |
| 1995-06-30 | AU$151.80 Million ≈ $107.41 Million |
+15.55% |
| 1994-06-30 | AU$131.37 Million ≈ $92.95 Million |
+23.12% |
| 1993-06-30 | AU$106.70 Million ≈ $75.50 Million |
+180.36% |
| 1992-06-30 | AU$38.06 Million ≈ $26.93 Million |
+6.53% |
| 1991-06-30 | AU$35.73 Million ≈ $25.28 Million |
+363.07% |
| 1990-06-30 | AU$7.71 Million ≈ $5.46 Million |
-7.37% |
| 1989-06-30 | AU$8.33 Million ≈ $5.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ridley Corporation 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 36846.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$117.86 Million | 25.73% |
| Common Stock | AU$340.81 Million | 74.40% |
| Other Comprehensive Income | AU$5.48 Million | 1.20% |
| Total Equity | AU$458.12 Million | 100.00% |
Ridley Corporation Ltd Competitors by Market Cap
The table below lists competitors of Ridley Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Getein Biotech Inc
SHG:603387
|
$716.15 Million |
|
Iat Automobile Technology Co Ltd
SHE:300825
|
$716.40 Million |
|
Hangzhou Jizhi Mechatronic Co Ltd
SHE:300553
|
$716.45 Million |
|
Trilogy Metals Inc
TO:TMQ
|
$716.45 Million |
|
Merry Electronics Co Ltd
TW:2439
|
$715.92 Million |
|
Shanghai Golden Bridge
SHG:603918
|
$715.92 Million |
|
AB SKF (publ)
ST:SKF-A
|
$715.78 Million |
|
Ocean’s King Lighting Science & Technology Co Ltd
SHE:002724
|
$715.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ridley Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 323,119,000 to 458,115,000, a change of 134,996,000 (41.8%).
- Net income of 43,322,000 contributed positively to equity growth.
- Dividend payments of 29,445,000 reduced retained earnings.
- Share repurchases of 10,193,000 reduced equity.
- New share issuances of 125,123,000 increased equity.
- Other comprehensive income increased equity by 5,939,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$43.32 Million | +9.46% |
| Dividends Paid | AU$29.45 Million | -6.43% |
| Share Repurchases | AU$10.19 Million | -2.22% |
| Share Issuances | AU$125.12 Million | +27.31% |
| Other Comprehensive Income | AU$5.94 Million | +1.3% |
| Other Changes | AU$250.00K | +0.05% |
| Total Change | AU$- | 41.78% |
Book Value vs Market Value Analysis
This analysis compares Ridley Corporation 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: 1.95x
- 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 101.23x to 1.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.03 | AU$2.70 | x |
| 1990-06-30 | AU$0.02 | AU$2.70 | x |
| 1991-06-30 | AU$0.11 | AU$2.70 | x |
| 1992-06-30 | AU$0.17 | AU$2.70 | x |
| 1993-06-30 | AU$0.78 | AU$2.70 | x |
| 1994-06-30 | AU$0.67 | AU$2.70 | x |
| 1995-06-30 | AU$0.73 | AU$2.70 | x |
| 1996-06-30 | AU$0.73 | AU$2.70 | x |
| 1997-06-30 | AU$0.83 | AU$2.70 | x |
| 1998-06-30 | AU$0.98 | AU$2.70 | x |
| 1999-06-30 | AU$0.83 | AU$2.70 | x |
| 2000-06-30 | AU$1.10 | AU$2.70 | x |
| 2001-06-30 | AU$1.16 | AU$2.70 | x |
| 2002-06-30 | AU$1.24 | AU$2.70 | x |
| 2003-06-30 | AU$1.19 | AU$2.70 | x |
| 2004-06-30 | AU$1.19 | AU$2.70 | x |
| 2005-06-30 | AU$1.21 | AU$2.70 | x |
| 2006-06-30 | AU$1.22 | AU$2.70 | x |
| 2007-06-30 | AU$1.17 | AU$2.70 | x |
| 2008-06-30 | AU$1.08 | AU$2.70 | x |
| 2009-06-30 | AU$0.90 | AU$2.70 | x |
| 2010-06-30 | AU$0.93 | AU$2.70 | x |
| 2011-06-30 | AU$0.95 | AU$2.70 | x |
| 2012-06-30 | AU$0.94 | AU$2.70 | x |
| 2013-06-30 | AU$0.67 | AU$2.70 | x |
| 2014-06-30 | AU$0.71 | AU$2.70 | x |
| 2015-06-30 | AU$0.75 | AU$2.70 | x |
| 2016-06-30 | AU$0.81 | AU$2.70 | x |
| 2017-06-30 | AU$0.84 | AU$2.70 | x |
| 2018-06-30 | AU$0.85 | AU$2.70 | x |
| 2019-06-30 | AU$0.90 | AU$2.70 | x |
| 2020-06-30 | AU$0.84 | AU$2.70 | x |
| 2021-06-30 | AU$0.88 | AU$2.70 | x |
| 2022-06-30 | AU$0.95 | AU$2.70 | x |
| 2023-06-30 | AU$1.00 | AU$2.70 | x |
| 2024-06-30 | AU$0.98 | AU$2.70 | x |
| 2025-06-30 | AU$1.38 | AU$2.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ridley Corporation Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.33%
- • Asset Turnover: 1.77x
- • Equity Multiplier: 1.60x
- Recent ROE (9.46%) is above the historical average (3.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 1.87% | 31.58% | 0.05x | 1.08x | AU$-676.90K |
| 1990 | 13.54% | 19.87% | 0.36x | 1.88x | AU$238.90K |
| 1991 | -5.82% | -1.84% | 1.06x | 2.98x | AU$-5.65 Million |
| 1992 | 11.64% | 2.02% | 1.12x | 5.13x | AU$624.20K |
| 1993 | -1.37% | -0.49% | 1.50x | 1.88x | AU$-12.14 Million |
| 1994 | 0.00% | 0.00% | 1.23x | 2.07x | AU$-13.14 Million |
| 1995 | -0.02% | 0.00% | 1.71x | 1.94x | AU$-15.20 Million |
| 1996 | -0.01% | 0.00% | 1.76x | 1.99x | AU$-15.86 Million |
| 1997 | -0.01% | 0.00% | 1.19x | 2.85x | AU$-19.29 Million |
| 1998 | -2.30% | 0.00% | 0.00x | 2.68x | AU$-28.30 Million |
| 1999 | -1.86% | 0.00% | 0.00x | 3.16x | AU$-23.22 Million |
| 2000 | -0.34% | -0.09% | 1.24x | 3.06x | AU$-26.98 Million |
| 2001 | -0.49% | -0.10% | 1.66x | 2.97x | AU$-29.31 Million |
| 2002 | -2.11% | -0.47% | 1.76x | 2.53x | AU$-36.69 Million |
| 2003 | -1.24% | -0.28% | 1.98x | 2.21x | AU$-35.72 Million |
| 2004 | -0.94% | -0.26% | 1.77x | 2.06x | AU$-34.92 Million |
| 2005 | -1.32% | -0.38% | 1.58x | 2.20x | AU$-37.56 Million |
| 2006 | 8.19% | 2.20% | 1.62x | 2.30x | AU$-6.13 Million |
| 2007 | 6.75% | 1.57% | 1.83x | 2.35x | AU$-10.91 Million |
| 2008 | 3.28% | 1.25% | 1.04x | 2.51x | AU$-21.55 Million |
| 2009 | -14.31% | -4.83% | 1.75x | 1.70x | AU$-67.15 Million |
| 2010 | 10.20% | 3.99% | 1.51x | 1.70x | AU$577.30K |
| 2011 | 10.08% | 4.05% | 1.38x | 1.80x | AU$219.00K |
| 2012 | 6.63% | 2.62% | 1.42x | 1.78x | AU$-9.80 Million |
| 2013 | -10.45% | -3.03% | 1.74x | 1.98x | AU$-42.45 Million |
| 2014 | 8.01% | 2.02% | 2.06x | 1.93x | AU$-4.36 Million |
| 2015 | 9.21% | 2.33% | 1.91x | 2.07x | AU$-1.81 Million |
| 2016 | 11.14% | 3.03% | 1.88x | 1.96x | AU$2.82 Million |
| 2017 | 9.94% | 3.02% | 1.74x | 1.89x | AU$-167.30K |
| 2018 | 6.62% | 1.90% | 1.80x | 1.94x | AU$-8.90 Million |
| 2019 | 8.49% | 2.35% | 1.75x | 2.07x | AU$-4.18 Million |
| 2020 | -3.30% | -0.89% | 1.50x | 2.47x | AU$-34.80 Million |
| 2021 | 8.66% | 2.68% | 1.51x | 2.13x | AU$-3.86 Million |
| 2022 | 13.43% | 4.04% | 1.73x | 1.92x | AU$10.83 Million |
| 2023 | 13.26% | 3.32% | 2.04x | 1.96x | AU$10.29 Million |
| 2024 | 12.33% | 3.16% | 1.90x | 2.06x | AU$7.54 Million |
| 2025 | 9.46% | 3.33% | 1.77x | 1.60x | AU$-2.49 Million |
Industry Comparison
This section compares Ridley Corporation Ltd's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $67,748,360
- Average return on equity (ROE) among peers: -2.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ridley Corporation Ltd (RIC) | AU$458.12 Million | 1.87% | 0.60x | $716.13 Million |
| The a2 Milk Company Ltd (A2M) | $133.08 Million | 22.87% | 0.58x | $3.44 Billion |
| Australian Dairy Nutritionals Ltd (AHF) | $913.94K | 22.60% | 0.06x | $11.87 Million |
| Beston Global Food Company Ltd (BFC) | $134.14 Million | -5.78% | 0.09x | $4.24 Million |
| Bega Cheese Ltd (BGA) | $171.08 Million | 0.00% | 1.00x | $1.13 Billion |
| Biome Australia Ltd (BIO) | $2.90 Million | -57.52% | 1.85x | $43.32 Million |
| Bubs Australia Ltd (BUB) | $6.05 Million | -18.60% | 0.14x | $63.27 Million |
| Bioxyne Ltd (BXN) | $1.28 Million | 15.66% | 0.18x | $95.09 Million |
| Cobram Estate Olives Ltd (CBO) | $161.05 Million | -8.24% | 0.90x | $1.32 Billion |
| The Calmer Co International Ltd (CCO) | $-87.53K | 0.00% | 0.00x | $4.33 Million |
| Clover Corporation Ltd (CLV) | $67.07 Million | 2.26% | 0.26x | $113.44 Million |
About Ridley Corporation Ltd
Ridley Corporation Limited, together with its subsidiaries, engages in the provision of animal nutrition solutions in Australia the United States, New Zealand, and Thailand. It operates through two segments, Packaged Feeds and Ingredients, and Bulk Stockfeeds. The company provides aqua feeds, bulk ruminant stockfeeds, bulk monogastric stockfeeds, animal proteins and oils, and commodities; and Nov… Read more