Spheria Emerging Companies Ltd Net Assets
Spheria Emerging Companies Ltd net assets. Based on the latest financial reports, Spheria Emerging Companies Ltd (SEC) has net assets worth AU$133.61 Million AUD (≈ $94.54 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$134.78 Million ≈ $95.37 Million USD) and total liabilities (AU$1.17 Million ≈ $826.43K 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 net asset momentum of Spheria Emerging Companies Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$133.61 Million |
| % of Total Assets | 99.13% |
| Annual Growth Rate | -0.97% |
| 5-Year Change | 3.27% |
| 10-Year Change | N/A |
| Growth Volatility | 12.76 |
Net Assets of Spheria Emerging Companies Ltd (2018–2026)
Net assets of Spheria Emerging Companies Ltd from 2018 to 2026. This chart illustrates how Spheria Emerging Companies Ltd's net assets have evolved over time, based on quarterly financial data. See SEC equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Spheria Emerging Companies Ltd (2018–2026)
The table below shows the annual net assets of Spheria Emerging Companies Ltd from 2018 to 2026. For live market cap and overall valuation, see SEC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$133.61 Million ≈ $94.54 Million |
-5.96% |
| 2025-06-30 | AU$142.08 Million ≈ $100.53 Million |
+6.10% |
| 2024-06-30 | AU$133.90 Million ≈ $94.75 Million |
+0.36% |
| 2023-06-30 | AU$133.43 Million ≈ $94.41 Million |
+3.13% |
| 2022-06-30 | AU$129.38 Million ≈ $91.54 Million |
-13.95% |
| 2021-06-30 | AU$150.35 Million ≈ $106.38 Million |
+27.29% |
| 2020-06-30 | AU$118.12 Million ≈ $83.58 Million |
-16.68% |
| 2019-06-30 | AU$141.77 Million ≈ $100.31 Million |
-1.89% |
| 2018-06-30 | AU$144.50 Million ≈ $102.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Spheria Emerging Companies 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 6902200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Spheria Emerging Companies Ltd Net Assets Breakdown (June 2026)
Spheria Emerging Companies Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$122.53 Million | 91.71% |
| Other Comprehensive Income | AU$80.11 Million | 59.95% |
| Total Equity | AU$133.61 Million | 100.00% |
Spheria Emerging Companies Ltd Competitors by Market Cap
The table below lists competitors of Spheria Emerging Companies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ifishdeco PT
JK:IFSH
|
$96.35 Million |
|
Tong Herr Resources Bhd
KLSE:5010
|
$96.36 Million |
|
Royce Global Value Trust Inc
NYSE:RGT
|
$96.38 Million |
|
OMER S.P.A. O.N.
F:9WR
|
$96.38 Million |
|
Virco Manufacturing Corporation
NASDAQ:VIRC
|
$96.26 Million |
|
Adverum Biotechnologies Inc
NASDAQ:ADVM
|
$96.26 Million |
|
Laiqon AG
XETRA:LQAG
|
$96.19 Million |
|
EcoFirst Consolidated Bhd
KLSE:3557
|
$96.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spheria Emerging Companies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 142,078,000 to 133,613,000, a change of -8,465,000 (-6.0%).
- Net income of 1,498,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,946,000.
- Other factors decreased equity by 15,909,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.50 Million | +1.12% |
| Other Comprehensive Income | AU$5.95 Million | +4.45% |
| Other Changes | AU$-15.91 Million | -11.91% |
| Total Change | AU$- | -5.96% |
Book Value vs Market Value Analysis
This analysis compares Spheria Emerging Companies 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 increased from 0.73x to 1.02x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | AU$3.09 | AU$2.27 | x |
| 2019-06-30 | AU$2.10 | AU$2.27 | x |
| 2020-06-30 | AU$1.82 | AU$2.27 | x |
| 2021-06-30 | AU$2.47 | AU$2.27 | x |
| 2022-06-30 | AU$2.15 | AU$2.27 | x |
| 2023-06-30 | AU$2.22 | AU$2.27 | x |
| 2024-06-30 | AU$2.24 | AU$2.27 | x |
| 2025-06-30 | AU$2.38 | AU$2.27 | x |
| 2026-06-30 | AU$2.23 | AU$2.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spheria Emerging Companies Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.03%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.01x
- Recent ROE (1.12%) is below the historical average (4.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.08% | 67.22% | 0.07x | 1.03x | AU$-6.88 Million |
| 2019 | 2.32% | 83.93% | 0.03x | 1.02x | AU$-10.67 Million |
| 2020 | -9.25% | 0.00% | -0.13x | 1.02x | AU$-22.51 Million |
| 2021 | 26.73% | 69.19% | 0.37x | 1.06x | AU$25.15 Million |
| 2022 | -10.35% | 0.00% | -0.14x | 1.05x | AU$-26.33 Million |
| 2023 | 7.22% | 69.55% | 0.10x | 1.01x | AU$-3.71 Million |
| 2024 | 5.67% | 92.52% | 0.06x | 1.01x | AU$-5.80 Million |
| 2025 | 11.54% | 67.64% | 0.17x | 1.03x | AU$2.19 Million |
| 2026 | 1.12% | 17.03% | 0.07x | 1.01x | AU$-11.86 Million |
Industry Comparison
This section compares Spheria Emerging Companies Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $338,452,060
- Average return on equity (ROE) among peers: -3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spheria Emerging Companies Ltd (SEC) | AU$133.61 Million | 5.08% | 0.01x | $96.27 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $97.27 Million | 3.12% | 0.02x | $50.39 Million |
| Australian Ethical Investment Ltd (AEF) | $6.27 Million | 21.73% | 0.32x | $372.91 Million |
| Australian Foundation Investment Company Ltd (AFI) | $943.61 Million | 6.18% | 0.12x | $6.05 Billion |
| Alternative Investment Trust (AIQ) | $36.94 Million | 21.66% | 0.11x | $33.20 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $500.53 Million | 7.90% | 0.06x | $329.25 Million |
| Amcil Ltd (AMH) | $355.23 Million | 2.11% | 0.12x | $193.61 Million |
| Associate Global Partners Ltd (APL) | $17.01 Million | -0.22% | 0.90x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $97.84 Million | -68.65% | 2.50x | $64.62 Million |
| ARC Funds Ltd (ARC) | $2.07 Million | -35.80% | 0.05x | $2.55 Million |
| Argo Investments Ltd (ARG) | $1.33 Billion | 4.97% | 0.15x | $5.02 Billion |
About Spheria Emerging Companies Ltd
Spheria Emerging Companies Limited operates as an investment company in Australia. It provides investors with access to a portfolio of Australian and New Zealand small- and micro capital securities. The company was incorporated in 2017 and is based in Sydney, Australia.