Ricegrowers Ltd (SGLLV) - Net Assets
Based on the latest financial reports, Ricegrowers Ltd (SGLLV) has net assets worth AU$655.47 Million AUD (≈ $463.78 Million USD) 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 ≈ $921.20 Million USD) and total liabilities (AU$646.47 Million ≈ $457.42 Million 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. Explore SGLLV cash flow metrics to assess how effectively this company generates cash.
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 Ricegrowers Ltd (SGLLV) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Ricegrowers Ltd (2012–2024)
The table below shows the annual net assets of Ricegrowers Ltd from 2012 to 2024. For live valuation and market cap data, see SGLLV company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$634.70 Million ≈ $449.09 Million |
+5.20% |
| 2023-12-31 | AU$603.31 Million ≈ $426.88 Million |
+8.38% |
| 2022-12-31 | AU$556.65 Million ≈ $393.86 Million |
+10.15% |
| 2021-12-31 | AU$505.35 Million ≈ $357.57 Million |
+9.63% |
| 2020-12-31 | AU$460.96 Million ≈ $326.16 Million |
-4.24% |
| 2019-12-31 | AU$481.36 Million ≈ $340.59 Million |
+3.99% |
| 2018-12-31 | AU$462.90 Million ≈ $327.53 Million |
+6.63% |
| 2017-12-31 | AU$434.13 Million ≈ $307.18 Million |
+7.23% |
| 2016-12-31 | AU$404.88 Million ≈ $286.47 Million |
+3.75% |
| 2015-12-31 | AU$390.23 Million ≈ $276.11 Million |
+7.25% |
| 2014-12-31 | AU$363.86 Million ≈ $257.45 Million |
+12.29% |
| 2013-12-31 | AU$324.02 Million ≈ $229.26 Million |
+3.09% |
| 2012-12-31 | AU$314.30 Million ≈ $222.39 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 |
|---|---|
|
Comtec Sys
KO:031820
|
$583.27 Million |
|
Guangzhou Boji Medical and Biotechnological Co Ltd
SHE:300404
|
$583.27 Million |
|
Adcock Ingram Holdings Limited
JSE:AIP
|
$583.42 Million |
|
AB S.A.
WAR:ABE
|
$583.60 Million |
|
Aeroflex Industries Limited
NSE:AEROFLEX
|
$583.03 Million |
|
Shanghai Yimin Commerce Group Co Ltd
SHG:600824
|
$583.02 Million |
|
GS P&L CO LTD
KO:499790
|
$582.57 Million |
|
Jinhua Chunguang Technology Co Ltd
SHG:603657
|
$582.20 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: 1.33x
- 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 2.25x to 1.33x 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$12.06 | x |
| 2013-12-31 | AU$5.60 | AU$12.06 | x |
| 2014-12-31 | AU$6.18 | AU$12.06 | x |
| 2015-12-31 | AU$6.65 | AU$12.06 | x |
| 2016-12-31 | AU$6.85 | AU$12.06 | x |
| 2017-12-31 | AU$7.29 | AU$12.06 | x |
| 2018-12-31 | AU$7.56 | AU$12.06 | x |
| 2019-12-31 | AU$7.77 | AU$12.06 | x |
| 2020-12-31 | AU$7.40 | AU$12.06 | x |
| 2021-12-31 | AU$7.87 | AU$12.06 | x |
| 2022-12-31 | AU$8.38 | AU$12.06 | x |
| 2023-12-31 | AU$8.72 | AU$12.06 | x |
| 2024-12-31 | AU$9.05 | AU$12.06 | 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: $211,413,007
- Average return on equity (ROE) among peers: -1.90%
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 | $583.22 Million |
| Australian Agricultural Company Ltd (AAC) | $307.09 Million | 0.30% | 0.60x | $554.44 Million |
| Australian Agricultural Projects Ltd (AAP) | $5.06 Million | 11.23% | 1.69x | $15.91 Million |
| Clean Seas Seafood Ltd (CSS) | $61.98 Million | -53.97% | 0.40x | $20.02 Million |
| Duxton Farms Ltd (DBF) | $73.70 Million | -0.57% | 0.25x | $39.03 Million |
| Elders Ltd (ELD) | $1.01 Billion | -20.74% | 1.08x | $855.91 Million |
| Farm Pride Foods Ltd (FRM) | $17.09 Million | -37.92% | 2.16x | $36.68 Million |
| Graincorp Ltd (GNC) | $396.22 Million | 0.00% | 1.10x | $794.32 Million |
| Inghams Group Ltd (ING) | $164.50 Million | 76.72% | 5.58x | $531.23 Million |
| Lynch Group Holdings Ltd (LGL) | $70.60 Million | 8.27% | 2.09x | $189.75 Million |
| Murray Cod Australia Ltd (MCA) | $11.80 Million | -2.27% | 0.16x | $13.59 Million |
About Ricegrowers Ltd
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