The Star Entertainment Group Ltd (SGR) - Net Assets
Based on the latest financial reports, The Star Entertainment Group Ltd (SGR) has net assets worth AU$576.80 Million AUD (≈ $408.12 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.69 Billion ≈ $1.20 Billion USD) and total liabilities (AU$1.11 Billion ≈ $788.93 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. Check The Star Entertainment Group Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$576.80 Million |
| % of Total Assets | 34.09% |
| Annual Growth Rate | -10.62% |
| 5-Year Change | -88.85% |
| 10-Year Change | -87.19% |
| Growth Volatility | 22.98 |
The Star Entertainment Group Ltd - Net Assets Trend (2010–2025)
This chart illustrates how The Star Entertainment Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is The Star Entertainment Group Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for The Star Entertainment Group Ltd (2010–2025)
The table below shows the annual net assets of The Star Entertainment Group Ltd from 2010 to 2025. For live valuation and market cap data, see SGR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$403.20 Million ≈ $285.29 Million |
-51.61% |
| 2024-06-30 | AU$833.30 Million ≈ $589.61 Million |
-52.95% |
| 2023-06-30 | AU$1.77 Billion ≈ $1.25 Billion |
-48.37% |
| 2022-06-30 | AU$3.43 Billion ≈ $2.43 Billion |
-5.10% |
| 2021-06-30 | AU$3.61 Billion ≈ $2.56 Billion |
+4.60% |
| 2020-06-30 | AU$3.46 Billion ≈ $2.45 Billion |
-7.62% |
| 2019-06-30 | AU$3.74 Billion ≈ $2.65 Billion |
-1.07% |
| 2018-06-30 | AU$3.78 Billion ≈ $2.68 Billion |
+15.44% |
| 2017-06-30 | AU$3.28 Billion ≈ $2.32 Billion |
+4.06% |
| 2016-06-30 | AU$3.15 Billion ≈ $2.23 Billion |
+3.70% |
| 2015-06-30 | AU$3.04 Billion ≈ $2.15 Billion |
+3.54% |
| 2014-06-30 | AU$2.93 Billion ≈ $2.07 Billion |
+2.41% |
| 2013-06-30 | AU$2.86 Billion ≈ $2.03 Billion |
+1.62% |
| 2012-06-30 | AU$2.82 Billion ≈ $1.99 Billion |
+18.46% |
| 2011-06-30 | AU$2.38 Billion ≈ $1.68 Billion |
+9.48% |
| 2010-06-30 | AU$2.17 Billion ≈ $1.54 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to The Star Entertainment 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 432050000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$4.70 Billion | 1166.20% |
| Other Comprehensive Income | AU$49.60 Million | 12.30% |
| Total Equity | AU$403.20 Million | 100.00% |
The Star Entertainment Group Ltd Competitors by Market Cap
The table below lists competitors of The Star Entertainment Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bumble Inc
NASDAQ:BMBL
|
$540.03 Million |
|
Cooper Stnd
NYSE:CPS
|
$540.05 Million |
|
Shanghai Titan Scientific Co. Ltd. A
SHG:688133
|
$540.20 Million |
|
HIMALAYA SHIPPING LTD DL1
F:J1X
|
$540.21 Million |
|
Svolder AB (publ)
ST:SVOL-B
|
$539.91 Million |
|
Shanghai Carthane Co Ltd
SHG:603037
|
$539.77 Million |
|
PCL Technologies Inc
TW:4977
|
$539.73 Million |
|
Shenzhen Prolto Supply Chain Management Co Ltd
SHE:002769
|
$539.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Star Entertainment Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 833,300,000 to 403,200,000, a change of -430,100,000 (-51.6%).
- Net loss of 471,500,000 reduced equity.
- Share repurchases of 5,700,000 reduced equity.
- Other comprehensive income increased equity by 39,999,999.
- Other factors increased equity by 7,100,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-471.50 Million | -116.94% |
| Share Repurchases | AU$5.70 Million | -1.41% |
| Other Comprehensive Income | AU$40.00 Million | +9.92% |
| Other Changes | AU$7.10 Million | +1.76% |
| Total Change | AU$- | -51.61% |
Book Value vs Market Value Analysis
This analysis compares The Star Entertainment 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: 0.82x
- 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 0.04x to 0.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-06-30 | AU$3.02 | AU$0.12 | x |
| 2011-06-30 | AU$3.04 | AU$0.12 | x |
| 2012-06-30 | AU$3.77 | AU$0.12 | x |
| 2013-06-30 | AU$3.47 | AU$0.12 | x |
| 2014-06-30 | AU$3.55 | AU$0.12 | x |
| 2015-06-30 | AU$3.68 | AU$0.12 | x |
| 2016-06-30 | AU$3.81 | AU$0.12 | x |
| 2017-06-30 | AU$3.96 | AU$0.12 | x |
| 2018-06-30 | AU$4.47 | AU$0.12 | x |
| 2019-06-30 | AU$3.47 | AU$0.12 | x |
| 2020-06-30 | AU$3.22 | AU$0.12 | x |
| 2021-06-30 | AU$3.23 | AU$0.12 | x |
| 2022-06-30 | AU$3.08 | AU$0.12 | x |
| 2023-06-30 | AU$1.42 | AU$0.12 | x |
| 2024-06-30 | AU$0.33 | AU$0.12 | x |
| 2025-06-30 | AU$0.14 | AU$0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Star Entertainment Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -116.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.61%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 4.42x
- Recent ROE (-116.94%) is below the historical average (-25.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 8.92% | 13.35% | 0.40x | 1.67x | AU$-23.40 Million |
| 2011 | 9.50% | 13.71% | 0.42x | 1.64x | AU$-11.80 Million |
| 2012 | 1.50% | 2.61% | 0.35x | 1.66x | AU$-239.50 Million |
| 2013 | 2.92% | 4.80% | 0.40x | 1.52x | AU$-202.76 Million |
| 2014 | 3.63% | 5.89% | 0.43x | 1.44x | AU$-186.86 Million |
| 2015 | 5.58% | 7.91% | 0.49x | 1.45x | AU$-134.24 Million |
| 2016 | 6.18% | 8.57% | 0.49x | 1.46x | AU$-120.37 Million |
| 2017 | 8.07% | 11.28% | 0.47x | 1.53x | AU$-63.16 Million |
| 2018 | 3.92% | 7.11% | 0.40x | 1.39x | AU$-230.05 Million |
| 2019 | 5.29% | 9.17% | 0.39x | 1.49x | AU$-176.09 Million |
| 2020 | -2.74% | -6.38% | 0.26x | 1.68x | AU$-440.38 Million |
| 2021 | 1.60% | 3.75% | 0.28x | 1.51x | AU$-303.58 Million |
| 2022 | -5.90% | -13.26% | 0.28x | 1.57x | AU$-545.53 Million |
| 2023 | -137.50% | -131.19% | 0.57x | 1.84x | AU$-2.61 Billion |
| 2024 | -202.16% | -101.12% | 0.88x | 2.28x | AU$-1.77 Billion |
| 2025 | -116.94% | -34.61% | 0.76x | 4.42x | AU$-511.82 Million |
Industry Comparison
This section compares The Star Entertainment Group Ltd's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $249,148,586
- Average return on equity (ROE) among peers: 25.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Star Entertainment Group Ltd (SGR) | AU$576.80 Million | 8.92% | 1.93x | $539.99 Million |
| Donaco International Ltd (DNA) | $486.10 Million | 6.38% | 0.31x | $39.30 Million |
| Reef Casino Trust (RCT) | $12.19 Million | 44.37% | 7.50x | $119.10 Million |
About The Star Entertainment Group Ltd
The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, Treasury Brisbane, and The Star Brisbane. The company owns and operates The Star Sydney and The Star Gold Coast, which include hotels, restaurants, bars, theatres, and other entertainment facilities. It also manages the Gold Coast Convention and Exhibi… Read more