Resimac Group Ltd
Resimac Group Limited provides residential mortgage and asset finance lending products in Australia and New Zealand. The company operates through Home Loan Lending business, New Zealand Lending, and Asset Finance Lending segments. It offers prime and specialist lending products; SME/commercial finance products; and home, equipment, secured, novated leasing, and car loans. It also provides mortgag… Read more
Resimac Group Ltd (RMC) - Net Assets
Latest net assets as of June 2025: AU$365.15 Million AUD
Based on the latest financial reports, Resimac Group Ltd (RMC) has net assets worth AU$365.15 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$16.86 Billion) and total liabilities (AU$16.49 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$365.15 Million |
| % of Total Assets | 2.17% |
| Annual Growth Rate | 10.01% |
| 5-Year Change | 13.7% |
| 10-Year Change | 716.54% |
| Growth Volatility | 52.36 |
Resimac Group Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Resimac Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Resimac Group Ltd (2000–2025)
The table below shows the annual net assets of Resimac Group Ltd from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$365.15 Million | -12.30% |
| 2024-06-30 | AU$416.36 Million | +0.24% |
| 2023-06-30 | AU$415.38 Million | +9.87% |
| 2022-06-30 | AU$378.07 Million | +17.73% |
| 2021-06-30 | AU$321.14 Million | +32.87% |
| 2020-06-30 | AU$241.69 Million | +23.23% |
| 2019-06-30 | AU$196.12 Million | +20.52% |
| 2018-06-30 | AU$162.72 Million | +15.24% |
| 2017-06-30 | AU$141.21 Million | +215.77% |
| 2016-06-30 | AU$44.72 Million | +3.06% |
| 2015-06-30 | AU$43.39 Million | +4.46% |
| 2014-06-30 | AU$41.54 Million | -2.86% |
| 2013-06-30 | AU$42.76 Million | +1.99% |
| 2012-06-30 | AU$41.92 Million | +8.98% |
| 2011-06-30 | AU$38.47 Million | -44.43% |
| 2010-06-30 | AU$69.22 Million | +6.35% |
| 2009-06-30 | AU$65.09 Million | +8.46% |
| 2008-06-30 | AU$60.02 Million | -21.72% |
| 2007-06-30 | AU$76.67 Million | +138.10% |
| 2006-06-30 | AU$32.20 Million | -14.52% |
| 2005-06-30 | AU$37.67 Million | +2.40% |
| 2004-06-30 | AU$36.78 Million | +18.13% |
| 2003-06-30 | AU$31.14 Million | -42.63% |
| 2002-06-30 | AU$54.28 Million | +55.28% |
| 2001-06-30 | AU$34.96 Million | +3.85% |
| 2000-06-30 | AU$33.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Resimac 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 grown by 28650500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$286.50 Million | 78.48% |
| Common Stock | AU$170.52 Million | 46.71% |
| Other Comprehensive Income | AU$-91.98 Million | -25.20% |
| Total Equity | AU$365.05 Million | 100.00% |
Resimac Group Ltd Competitors by Market Cap
The table below lists competitors of Resimac Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nibe Limited
NSE:NIBE
|
$74.28 Million |
|
Empresas Tricot S.A
SN:TRICOT
|
$74.29 Million |
|
Fursys
KO:016800
|
$74.32 Million |
|
Kangstem Biotech Co. Ltd
KQ:217730
|
$74.34 Million |
|
Namu Tech Co.Ltd
KQ:242040
|
$74.23 Million |
|
Rex International Holding Limited
OTCGREY:REXHF
|
$74.22 Million |
|
Sabina Public Company Limited
BK:SABINA
|
$74.21 Million |
|
United Bancorp Inc
NASDAQ:UBCP
|
$74.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Resimac Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 416,050,000 to 365,049,000, a change of -51,001,000 (-12.3%).
- Net income of 34,584,000 contributed positively to equity growth.
- Dividend payments of 44,872,000 reduced retained earnings.
- Share repurchases of 5,094,000 reduced equity.
- New share issuances of 1,090,000 increased equity.
- Other comprehensive income decreased equity by 6,751,000.
- Other factors decreased equity by 29,958,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$34.58 Million | +9.47% |
| Dividends Paid | AU$44.87 Million | -12.29% |
| Share Repurchases | AU$5.09 Million | -1.4% |
| Share Issuances | AU$1.09 Million | +0.3% |
| Other Comprehensive Income | AU$-6.75 Million | -1.85% |
| Other Changes | AU$-29.96 Million | -8.21% |
| Total Change | AU$- | -12.26% |
Book Value vs Market Value Analysis
This analysis compares Resimac 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: 1.02x
- 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 11.21x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-06-30 | AU$0.08 | AU$0.93 | x |
| 2001-06-30 | AU$0.09 | AU$0.93 | x |
| 2002-06-30 | AU$0.13 | AU$0.93 | x |
| 2003-06-30 | AU$0.08 | AU$0.93 | x |
| 2004-06-30 | AU$0.09 | AU$0.93 | x |
| 2005-06-30 | AU$0.09 | AU$0.93 | x |
| 2006-06-30 | AU$0.08 | AU$0.93 | x |
| 2007-06-30 | AU$0.19 | AU$0.93 | x |
| 2008-06-30 | AU$0.15 | AU$0.93 | x |
| 2009-06-30 | AU$0.16 | AU$0.93 | x |
| 2010-06-30 | AU$0.17 | AU$0.93 | x |
| 2011-06-30 | AU$0.09 | AU$0.93 | x |
| 2012-06-30 | AU$0.10 | AU$0.93 | x |
| 2013-06-30 | AU$0.10 | AU$0.93 | x |
| 2014-06-30 | AU$0.10 | AU$0.93 | x |
| 2015-06-30 | AU$0.11 | AU$0.93 | x |
| 2016-06-30 | AU$0.11 | AU$0.93 | x |
| 2017-06-30 | AU$0.39 | AU$0.93 | x |
| 2018-06-30 | AU$0.41 | AU$0.93 | x |
| 2019-06-30 | AU$0.49 | AU$0.93 | x |
| 2020-06-30 | AU$0.59 | AU$0.93 | x |
| 2021-06-30 | AU$0.79 | AU$0.93 | x |
| 2022-06-30 | AU$0.93 | AU$0.93 | x |
| 2023-06-30 | AU$1.02 | AU$0.93 | x |
| 2024-06-30 | AU$1.04 | AU$0.93 | x |
| 2025-06-30 | AU$0.91 | AU$0.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Resimac Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.14%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 46.18x
- Recent ROE (9.47%) is below the historical average (9.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 7.60% | 5.12% | 1.28x | 1.16x | AU$-809.00K |
| 2001 | 5.57% | 0.00% | -0.01x | 1.34x | AU$-1.55 Million |
| 2002 | 8.61% | 0.00% | 0.00x | 1.41x | AU$-756.95K |
| 2003 | -64.95% | 0.00% | -0.32x | 1.83x | AU$-23.34 Million |
| 2004 | 2.90% | 5.57% | 0.30x | 1.74x | AU$-2.61 Million |
| 2005 | 3.68% | 0.00% | -0.26x | 1.71x | AU$-2.38 Million |
| 2006 | 8.07% | 38.21% | 0.01x | 23.64x | AU$-623.00K |
| 2007 | 3.12% | 34.23% | 0.01x | 12.25x | AU$-5.28 Million |
| 2008 | -20.85% | -89.37% | 0.01x | 17.67x | AU$-18.51 Million |
| 2009 | 11.01% | 31.22% | 0.03x | 12.16x | AU$657.00K |
| 2010 | 17.70% | 60.21% | 0.03x | 8.68x | AU$5.33 Million |
| 2011 | 23.82% | 27.17% | 0.08x | 11.65x | AU$5.32 Million |
| 2012 | 19.35% | 24.94% | 0.09x | 8.93x | AU$3.92 Million |
| 2013 | 18.09% | 23.28% | 0.11x | 7.12x | AU$3.46 Million |
| 2014 | 14.94% | 0.00% | -0.07x | 6.95x | AU$2.05 Million |
| 2015 | 12.92% | 0.00% | -0.07x | 6.81x | AU$1.27 Million |
| 2016 | 11.75% | 0.00% | -0.02x | 6.28x | AU$781.10K |
| 2017 | 11.17% | 13.40% | 0.02x | 49.11x | AU$1.65 Million |
| 2018 | 15.56% | 19.39% | 0.01x | 55.12x | AU$9.05 Million |
| 2019 | 24.06% | 32.72% | 0.01x | 54.64x | AU$27.57 Million |
| 2020 | 23.15% | 11.83% | 0.04x | 53.94x | AU$31.76 Million |
| 2021 | 33.49% | 22.47% | 0.03x | 45.57x | AU$75.44 Million |
| 2022 | 27.02% | 20.37% | 0.03x | 44.27x | AU$64.34 Million |
| 2023 | 16.00% | 7.29% | 0.06x | 35.98x | AU$24.92 Million |
| 2024 | 8.31% | 3.44% | 0.07x | 36.28x | AU$-7.01 Million |
| 2025 | 9.47% | 21.14% | 0.01x | 46.18x | AU$-1.92 Million |
Industry Comparison
This section compares Resimac Group Ltd's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $302,363,332
- Average return on equity (ROE) among peers: 36.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Resimac Group Ltd (RMC) | AU$365.15 Million | 7.60% | 45.16x | $74.26 Million |
| Australian Finance Group Ltd (AFG) | $604.13 Million | 16.05% | 1.17x | $223.36 Million |
| N1 Holdings Ltd (N1H) | $591.66K | 57.62% | 151.48x | $947.93K |