Secos Group Ltd

AU:SES Australia Packaging & Containers
Market Cap
$7.76 Million
AU$12.53 Million AUD
Market Cap Rank
#32417 Global
#1064 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.02 - AU$0.02
All Time High
AU$0.38
Categories
Companies in Australia Packaging & Containers
About

SECOS Group Limited, together with its subsidiaries, develops, manufactures, and sells sustainable packaging materials in Oceanic, Asia, the United States, Europe, and Africa. The company supplies biodegradable and compostable resins, packaging products, and cast films to blue-chip companies. It manufactures and distributes polyethylene films, renewable resources resins, and finished products. SE… Read more

Secos Group Ltd (SES) - Net Assets

Latest net assets as of June 2024: AU$14.03 Million AUD

Based on the latest financial reports, Secos Group Ltd (SES) has net assets worth AU$14.03 Million AUD as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$18.05 Million) and total liabilities (AU$4.02 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$14.03 Million
% of Total Assets 77.74%
Annual Growth Rate 2.02%
5-Year Change 23.37%
10-Year Change 76.89%
Growth Volatility 64.02

Secos Group Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Secos 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 Secos Group Ltd (1997–2024)

The table below shows the annual net assets of Secos Group Ltd from 1997 to 2024.

Year Net Assets Change
2024-06-30 AU$14.03 Million -39.33%
2023-06-30 AU$23.13 Million -13.26%
2022-06-30 AU$26.67 Million -8.73%
2021-06-30 AU$29.22 Million +156.87%
2020-06-30 AU$11.38 Million +13.81%
2019-06-30 AU$9.99 Million +38.36%
2018-06-30 AU$7.22 Million +27.77%
2017-06-30 AU$5.65 Million +17.21%
2016-06-30 AU$4.82 Million -39.20%
2015-06-30 AU$7.93 Million -20.73%
2014-06-30 AU$10.01 Million +21.62%
2013-06-30 AU$8.23 Million -17.28%
2012-06-30 AU$9.95 Million -34.20%
2011-06-30 AU$15.12 Million +37.35%
2010-06-30 AU$11.01 Million -19.25%
2009-06-30 AU$13.63 Million +97.00%
2008-06-30 AU$6.92 Million -10.96%
2007-06-30 AU$7.77 Million +189.90%
2006-06-30 AU$2.68 Million +113.97%
2005-06-30 AU$1.25 Million -22.42%
2004-06-30 AU$1.61 Million -10.98%
2003-06-30 AU$1.81 Million -33.41%
2002-06-30 AU$2.72 Million +127.18%
2001-06-30 AU$1.20 Million -37.03%
2000-06-30 AU$1.90 Million -65.59%
1999-06-30 AU$5.53 Million -18.85%
1998-06-30 AU$6.82 Million -16.60%
1997-06-30 AU$8.18 Million --

Equity Component Analysis

This analysis shows how different components contribute to Secos 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 decreased by 3285395800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Common Stock AU$48.45 Million 345.21%
Other Comprehensive Income AU$-523.00K -3.73%
Total Equity AU$14.03 Million 100.00%

Secos Group Ltd Competitors by Market Cap

The table below lists competitors of Secos Group Ltd ranked by their market capitalization.

Company Market Cap
PLYTEC Holding Berhad
KLSE:0289
 		$3.61 Million
Boutique Corporation Public Company Limited
BK:BC
 		$3.61 Million
Salee Printing Public Company Limited
BK:SLP
 		$3.61 Million
Scalare Partners Holdings Ltd
AU:SCP
 		$3.62 Million
Aferian Plc
PINK:AOECF
 		$3.61 Million
Combigene AB
ST:COMBI
 		$3.61 Million
Kesla Oyj A
HE:KELAS
 		$3.61 Million
GPO Plus Inc
OTCQB:GPOX
 		$3.61 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Secos Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 23,133,000 to 14,034,000, a change of -9,099,000 (-39.3%).
  • Net loss of 9,302,000 reduced equity.
  • Other comprehensive income increased equity by 228,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-9.30 Million -66.28%
Other Comprehensive Income AU$228.00K +1.62%
Other Changes AU$-25.00K -0.18%
Total Change AU$- -39.33%

Book Value vs Market Value Analysis

This analysis compares Secos 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: 0.89x
  • 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 increased from 0.00x to 0.89x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-06-30 AU$7.99 AU$0.02 x
1998-06-30 AU$6.13 AU$0.02 x
1999-06-30 AU$4.78 AU$0.02 x
2000-06-30 AU$1.68 AU$0.02 x
2001-06-30 AU$0.81 AU$0.02 x
2002-06-30 AU$1.21 AU$0.02 x
2003-06-30 AU$0.66 AU$0.02 x
2004-06-30 AU$0.73 AU$0.02 x
2005-06-30 AU$0.56 AU$0.02 x
2006-06-30 AU$0.67 AU$0.02 x
2007-06-30 AU$2.58 AU$0.02 x
2008-06-30 AU$2.08 AU$0.02 x
2009-06-30 AU$3.25 AU$0.02 x
2010-06-30 AU$1.41 AU$0.02 x
2011-06-30 AU$1.59 AU$0.02 x
2012-06-30 AU$0.66 AU$0.02 x
2013-06-30 AU$0.43 AU$0.02 x
2014-06-30 AU$0.32 AU$0.02 x
2015-06-30 AU$0.39 AU$0.02 x
2016-06-30 AU$0.04 AU$0.02 x
2017-06-30 AU$0.03 AU$0.02 x
2018-06-30 AU$0.03 AU$0.02 x
2019-06-30 AU$0.04 AU$0.02 x
2020-06-30 AU$0.03 AU$0.02 x
2021-06-30 AU$0.06 AU$0.02 x
2022-06-30 AU$0.05 AU$0.02 x
2023-06-30 AU$0.04 AU$0.02 x
2024-06-30 AU$0.02 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Secos 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): -66.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -64.38%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 1.29x
  • Recent ROE (-66.28%) is below the historical average (-19.52%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 0.75% 0.00% 0.00x 1.29x AU$-645.60K
1998 5.79% 0.00% 0.00x 1.33x AU$-243.66K
1999 2.25% 0.00% 0.00x 1.26x AU$-349.32K
2000 51.75% 983.31% 0.04x 1.18x AU$761.56K
2001 7.27% 66.62% 0.09x 1.24x AU$-32.94K
2002 0.55% 26.67% 0.02x 1.10x AU$-259.48K
2003 0.05% 11.11% 0.00x 1.29x AU$-182.88K
2004 -3.08% -49.04% 0.05x 1.16x AU$-212.73K
2005 1.53% 53.85% 0.02x 1.21x AU$-114.96K
2006 -13.57% -257.04% 0.05x 1.13x AU$-625.42K
2007 26.69% 1226.11% 0.02x 1.06x AU$1.29 Million
2008 -16.61% -32492.49% 0.00x 1.08x AU$-1.83 Million
2009 -27.72% -824.05% 0.03x 1.09x AU$-5.12 Million
2010 -50.74% -251.92% 0.19x 1.08x AU$-6.65 Million
2011 -22.08% -200.40% 0.10x 1.08x AU$-4.83 Million
2012 -46.85% -107.93% 0.38x 1.14x AU$-5.63 Million
2013 -37.33% -60.54% 0.50x 1.23x AU$-3.88 Million
2014 -26.16% -51.91% 0.44x 1.15x AU$-3.60 Million
2015 -49.59% -22.76% 1.01x 2.15x AU$-4.73 Million
2016 -103.61% -25.16% 1.45x 2.84x AU$-5.43 Million
2017 -52.57% -13.19% 1.43x 2.80x AU$-3.51 Million
2018 -43.02% -13.15% 1.33x 2.46x AU$-3.83 Million
2019 -41.72% -20.00% 1.43x 1.46x AU$-5.17 Million
2020 -10.43% -5.64% 1.34x 1.38x AU$-2.32 Million
2021 8.86% 8.61% 0.89x 1.16x AU$-331.81K
2022 -11.57% -9.94% 0.93x 1.25x AU$-5.75 Million
2023 -29.18% -29.56% 0.82x 1.21x AU$-9.06 Million
2024 -66.28% -64.38% 0.80x 1.29x AU$-10.71 Million

Industry Comparison

This section compares Secos Group Ltd's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

  • Industry: Packaging & Containers
  • Average net assets among peers: $3,259,986,499
  • Average return on equity (ROE) among peers: -4.77%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Secos Group Ltd (SES) AU$14.03 Million 0.75% 0.29x $3.61 Million
Cdi 1:1 Foreign Exempt Nyse Deferred Settlement (AMCDD) $11.73 Billion 4.36% 2.16x $16.28 Billion
Orora Ltd (ORA) $1.30 Billion -4.52% 1.14x $1.53 Billion
Pro-Pac Packaging Ltd (PPG) $9.07 Million 10.91% 0.39x $163.80K
Papyrus Australia Ltd (PPY) $2.87 Million -29.85% 0.23x $1.85 Million