Ricegrowers Ltd

AU:SGLLV Australia Farm Products
Market Cap
$533.65 Million
AU$861.86 Million AUD
Market Cap Rank
#10850 Global
#125 in Australia
Share Price
AU$12.61
Change (1 day)
+1.12%
52-Week Range
AU$10.02 - AU$18.24
All Time High
AU$18.24
Categories
Companies in Australia Farm Products
About

Ricegrowers Limited operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America. It operates through Rice Pool, International Rice, Rice Food, Riviana Foods, and CopRice segments. The company offers microwave rice, organic brown rice, quinoa blends, specialty black rice, special fried rice, coconut and Mexican style rice… Read more

Ricegrowers Ltd (SGLLV) - Net Assets

Latest net assets as of September 2025: AU$655.47 Million AUD

Based on the latest financial reports, Ricegrowers Ltd (SGLLV) has net assets worth AU$655.47 Million AUD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.30 Billion) and total liabilities (AU$646.47 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$655.47 Million
% of Total Assets 50.35%
Annual Growth Rate 6.03%
5-Year Change 37.69%
10-Year Change 62.65%
Growth Volatility 4.1

Ricegrowers Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Ricegrowers 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 Ricegrowers Ltd (2012–2024)

The table below shows the annual net assets of Ricegrowers Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 AU$634.70 Million +5.20%
2023-12-31 AU$603.31 Million +8.38%
2022-12-31 AU$556.65 Million +10.15%
2021-12-31 AU$505.35 Million +9.63%
2020-12-31 AU$460.96 Million -4.24%
2019-12-31 AU$481.36 Million +3.99%
2018-12-31 AU$462.90 Million +6.63%
2017-12-31 AU$434.13 Million +7.23%
2016-12-31 AU$404.88 Million +3.75%
2015-12-31 AU$390.23 Million +7.25%
2014-12-31 AU$363.86 Million +12.29%
2013-12-31 AU$324.02 Million +3.09%
2012-12-31 AU$314.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ricegrowers 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 121.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings AU$450.41 Million 74.18%
Common Stock AU$163.06 Million 26.85%
Other Comprehensive Income AU$-6.25 Million -1.03%
Total Equity AU$607.22 Million 100.00%

Ricegrowers Ltd Competitors by Market Cap

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

Company Market Cap
Adriatic Metals PLC
PINK:ADTLF
 		$443.66 Million
Tengda Construction Group Co Ltd
SHG:600512
 		$443.86 Million
Beijing Konruns Pharmaceutical Co Ltd
SHG:603590
 		$444.00 Million
Verallia
PA:VRLA
 		$444.22 Million
Xingyuan Environment Technology Co Ltd
SHE:300266
 		$443.56 Million
Orinko Advanced Plastics Co. Ltd. A
SHG:688219
 		$443.53 Million
Kuaijishan Shaoxing Rice Wine
SHG:601579
 		$443.51 Million
Shenzhen Sunnypol Optoelectronics Co Ltd
SHE:002876
 		$443.37 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 576,600,000 to 607,218,000, a change of 30,618,000 (5.3%).
  • Net income of 68,411,000 contributed positively to equity growth.
  • Dividend payments of 38,774,000 reduced retained earnings.
  • Share repurchases of 1,442,000 reduced equity.
  • Other comprehensive income decreased equity by 617,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$68.41 Million +11.27%
Dividends Paid AU$38.77 Million -6.39%
Share Repurchases AU$1.44 Million -0.24%
Other Comprehensive Income AU$-617.00K -0.1%
Other Changes AU$3.04 Million +0.5%
Total Change AU$- 5.31%

Book Value vs Market Value Analysis

This analysis compares Ricegrowers 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: 1.39x
  • 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 2.35x to 1.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 AU$5.37 AU$12.61 x
2013-12-31 AU$5.60 AU$12.61 x
2014-12-31 AU$6.18 AU$12.61 x
2015-12-31 AU$6.65 AU$12.61 x
2016-12-31 AU$6.85 AU$12.61 x
2017-12-31 AU$7.29 AU$12.61 x
2018-12-31 AU$7.56 AU$12.61 x
2019-12-31 AU$7.77 AU$12.61 x
2020-12-31 AU$7.40 AU$12.61 x
2021-12-31 AU$7.87 AU$12.61 x
2022-12-31 AU$8.38 AU$12.61 x
2023-12-31 AU$8.72 AU$12.61 x
2024-12-31 AU$9.05 AU$12.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ricegrowers 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): 11.27%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.71%
  • • Asset Turnover: 1.24x
  • • Equity Multiplier: 2.44x
  • Recent ROE (11.27%) is above the historical average (9.63%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 10.78% 3.03% 1.10x 3.23x AU$2.33 Million
2013 9.53% 2.59% 1.35x 2.72x AU$-1.47 Million
2014 12.61% 3.49% 1.31x 2.76x AU$8.98 Million
2015 13.23% 3.88% 1.30x 2.62x AU$11.97 Million
2016 8.95% 3.07% 1.37x 2.13x AU$-4.01 Million
2017 10.42% 3.64% 1.13x 2.53x AU$1.72 Million
2018 7.21% 2.65% 1.43x 1.90x AU$-12.19 Million
2019 5.89% 2.39% 1.38x 1.79x AU$-18.83 Million
2020 4.68% 2.03% 1.11x 2.08x AU$-23.64 Million
2021 9.79% 3.57% 1.11x 2.47x AU$-1.04 Million
2022 9.85% 3.22% 1.23x 2.49x AU$-790.40K
2023 10.95% 3.37% 1.34x 2.43x AU$5.47 Million
2024 11.27% 3.71% 1.24x 2.44x AU$7.69 Million

Industry Comparison

This section compares Ricegrowers Ltd's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $159,414,630
  • Average return on equity (ROE) among peers: -1.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ricegrowers Ltd (SGLLV) AU$655.47 Million 10.78% 0.99x $443.61 Million
Duxton Farms Ltd (DBF) $119.86 Million 4.33% 0.58x $11.11 Million
Elders Ltd (ELD) $860.72 Million 18.92% 1.35x $877.73 Million
Farm Pride Foods Ltd (FRM) $21.73 Million -1.84% 1.76x $6.43 Million
Inghams Group Ltd (ING) $277.00 Million 32.42% 7.54x $416.53 Million
Lynch Group Holdings Ltd (LGL) $65.90 Million -1.19% 1.69x $66.28 Million
Murray Cod Australia Ltd (MCA) $16.62 Million -22.11% 0.17x $14.71 Million
New Zealand King Salmon Investments Ltd (NZK) $22.82 Million 23.15% 4.98x $33.22 Million
Rare Foods Australia Ltd (RFA) $15.96 Million -21.65% 0.13x $234.05K
Seafarms Group Ltd (SFG) $34.12 Million -45.01% 0.33x $3.23 Million