Regal Partners Ltd
Regal Partners Limited is a privately owned hedge fund sponsor. The firm invests in the public equity and hedging markets across the globe with a focus on Australia. It employs market neutral and absolute return strategies to make its investments. The firm also employs fundamental analysis along with bottom up stock picking approach to create its portfolios. Regal Partners Limited was founded in … Read more
Regal Partners Ltd (RPL) - Net Assets
Latest net assets as of December 2025: AU$948.15 Million AUD
Based on the latest financial reports, Regal Partners Ltd (RPL) has net assets worth AU$948.15 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.11 Billion) and total liabilities (AU$164.10 Million). 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$948.15 Million |
| % of Total Assets | 85.25% |
| Annual Growth Rate | 72.54% |
| 5-Year Change | 1103.51% |
| 10-Year Change | N/A |
| Growth Volatility | 356.2 |
Regal Partners Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Regal Partners 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 Regal Partners Ltd (2015–2025)
The table below shows the annual net assets of Regal Partners Ltd from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$948.15 Million | +11.02% |
| 2024-12-31 | AU$854.01 Million | +47.56% |
| 2023-12-31 | AU$578.76 Million | +32.76% |
| 2022-12-31 | AU$435.94 Million | +453.35% |
| 2021-12-31 | AU$78.78 Million | -40.60% |
| 2020-12-31 | AU$132.64 Million | +14.53% |
| 2019-12-31 | AU$115.81 Million | +1124.89% |
| 2017-12-31 | AU$9.46 Million | +41.04% |
| 2016-12-31 | AU$6.70 Million | +65.49% |
| 2015-12-31 | AU$4.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Regal Partners 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 3186.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$102.59 Million | 10.87% |
| Common Stock | AU$804.33 Million | 85.21% |
| Other Comprehensive Income | AU$37.05 Million | 3.92% |
| Total Equity | AU$943.97 Million | 100.00% |
Regal Partners Ltd Competitors by Market Cap
The table below lists competitors of Regal Partners Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Propel Funeral Partners Limited
PINK:PFPLF
|
$305.43 Million |
|
Shenzhen Sosen Electronics Co.Ltd.
SHE:301002
|
$305.47 Million |
|
Flytech Technology Co Ltd
TW:6206
|
$305.48 Million |
|
Aurisco Pharmaceutical Co Ltd
SHG:605116
|
$305.60 Million |
|
SEMAPA SGPS NAM. O.N.
STU:SQQ1
|
$305.38 Million |
|
Cosmoam&T
KO:005070
|
$305.37 Million |
|
Xiamen Hexing Packaging Printing Co Ltd
SHE:002228
|
$305.31 Million |
|
Ananti Inc
KQ:025980
|
$305.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Regal Partners Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 850,417,000 to 943,970,000, a change of 93,553,000 (11.0%).
- Net income of 130,547,000 contributed positively to equity growth.
- Dividend payments of 61,811,000 reduced retained earnings.
- Other comprehensive income decreased equity by 32,289,000.
- Other factors increased equity by 57,106,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$130.55 Million | +13.83% |
| Dividends Paid | AU$61.81 Million | -6.55% |
| Other Comprehensive Income | AU$-32.29 Million | -3.42% |
| Other Changes | AU$57.11 Million | +6.05% |
| Total Change | AU$- | 11.00% |
Book Value vs Market Value Analysis
This analysis compares Regal Partners 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: 0.98x
- 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 8.34x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | AU$0.29 | AU$2.45 | x |
| 2016-12-31 | AU$0.49 | AU$2.45 | x |
| 2017-12-31 | AU$0.69 | AU$2.45 | x |
| 2019-12-31 | AU$1.82 | AU$2.45 | x |
| 2020-12-31 | AU$1.84 | AU$2.45 | x |
| 2021-12-31 | AU$0.80 | AU$2.45 | x |
| 2022-12-31 | AU$2.13 | AU$2.45 | x |
| 2023-12-31 | AU$2.03 | AU$2.45 | x |
| 2024-12-31 | AU$2.59 | AU$2.45 | x |
| 2025-12-31 | AU$2.49 | AU$2.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Regal Partners 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): 13.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.38%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.18x
- Recent ROE (13.83%) is below the historical average (76.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 233.08% | 41.91% | 1.39x | 4.00x | AU$9.04 Million |
| 2016 | 142.50% | 40.17% | 1.40x | 2.54x | AU$8.88 Million |
| 2017 | 290.06% | 45.96% | 1.10x | 5.76x | AU$26.48 Million |
| 2019 | 24.16% | 42.21% | 0.53x | 1.08x | AU$16.40 Million |
| 2020 | 19.54% | 43.79% | 0.39x | 1.15x | AU$12.65 Million |
| 2021 | 31.74% | 28.47% | 0.89x | 1.25x | AU$29.25 Million |
| 2022 | 2.69% | 13.81% | 0.17x | 1.13x | AU$-31.59 Million |
| 2023 | 0.28% | 1.53% | 0.15x | 1.20x | AU$-55.96 Million |
| 2024 | 7.79% | 26.16% | 0.27x | 1.12x | AU$-18.80 Million |
| 2025 | 13.83% | 35.38% | 0.33x | 1.18x | AU$36.15 Million |
Industry Comparison
This section compares Regal Partners Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Regal Partners Ltd (RPL) | AU$948.15 Million | 233.08% | 0.17x | $305.40 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |