Shine Justice Ltd Net Assets

Latest as of June 2026: AU$259.74 Million AUD ≈ $183.78 Million USD

Shine Justice Ltd net assets. Based on the latest financial reports, Shine Justice Ltd (SHJ) has net assets worth AU$259.74 Million AUD (≈ $183.78 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$593.29 Million ≈ $419.79 Million USD) and total liabilities (AU$333.55 Million ≈ $236.01 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. Also explore SHJ net assets growth trend to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$259.74 Million
% of Total Assets	43.78%
Annual Growth Rate	7.45%
5-Year Change	-6.5%
10-Year Change	27.03%
Growth Volatility	11.99

Net Assets of Shine Justice Ltd (2012–2026)

Net assets of Shine Justice Ltd from 2012 to 2026. This chart illustrates how Shine Justice Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Shine Justice Ltd's balance sheet to measure how much of total assets are equity-financed.

Annual Net Assets for Shine Justice Ltd (2012–2026)

The table below shows the annual net assets of Shine Justice Ltd from 2012 to 2026. For live market cap and overall valuation, see market cap of Shine Justice Ltd.

Year	Net Assets	Change
2026-06-30	AU$259.74 Million ≈ $183.78 Million	-0.60%
2025-06-30	AU$261.30 Million ≈ $184.88 Million	-4.16%
2024-06-30	AU$272.63 Million ≈ $192.90 Million	+0.66%
2023-06-30	AU$270.84 Million ≈ $191.64 Million	-2.51%
2022-06-30	AU$277.80 Million ≈ $196.56 Million	+8.88%
2021-06-30	AU$255.14 Million ≈ $180.53 Million	+7.55%
2020-06-30	AU$237.22 Million ≈ $167.85 Million	+6.66%
2019-06-30	AU$222.41 Million ≈ $157.37 Million	+1.96%
2018-06-30	AU$218.14 Million ≈ $154.35 Million	+6.68%
2017-06-30	AU$204.48 Million ≈ $144.68 Million	+7.75%
2016-06-30	AU$189.78 Million ≈ $134.28 Million	+7.71%
2015-06-30	AU$176.19 Million ≈ $124.67 Million	+46.95%
2014-06-30	AU$119.90 Million ≈ $84.84 Million	+16.24%
2013-06-30	AU$103.15 Million ≈ $72.98 Million	+8.54%
2012-06-30	AU$95.03 Million ≈ $67.24 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shine Justice 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 178.3% over the analyzed period, indicating profitable operations and earnings retention.

Shine Justice Ltd Net Assets Breakdown (June 2026)

Shine Justice Ltd net assets breakdown by equity component as of June 2026.

Component	Amount	Percentage
Retained Earnings	AU$212.30 Million	80.75%
Common Stock	AU$50.44 Million	19.18%
Other Comprehensive Income	AU$1.55 Million	0.59%
Total Equity	AU$262.91 Million	100.00%

Shine Justice Ltd Competitors by Market Cap

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

Company	Market Cap
Martin Midstream Partners LP NASDAQ:MMLP	$77.33 Million
Dong Yang Pipe KO:008970	$77.34 Million
Summit State Bank NASDAQ:SSBI	$77.34 Million
Pricer AB (publ) ST:PRIC-B	$77.37 Million
Kyung Dong Pharmaceutical Co. Ltd KQ:011040	$77.30 Million
Lucid Diagnostics Inc NASDAQ:LUCD	$77.30 Million
Sai Gon Ground Services JSC VN:SGN	$77.26 Million
Solitario Exploration & Royalty Corp NYSE MKT:XPL	$77.25 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 261,646,000 to 262,906,999, a change of 1,260,999 (0.5%).
Net income of 9,598,000 contributed positively to equity growth.
Dividend payments of 8,469,000 reduced retained earnings.
Share repurchases of 446,000 reduced equity.
Other comprehensive income increased equity by 1,771,999.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	AU$9.60 Million	+3.65%
Dividends Paid	AU$8.47 Million	-3.22%
Share Repurchases	AU$446.00K	-0.17%
Other Comprehensive Income	AU$1.77 Million	+0.67%
Other Changes	AU$-1.19 Million	-0.45%
Total Change	AU$-	0.48%

Book Value vs Market Value Analysis

This analysis compares Shine Justice 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: 0.42x
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 decreased from 0.90x to 0.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-06-30	AU$0.71	AU$0.65	x
2014-06-30	AU$0.77	AU$0.65	x
2015-06-30	AU$1.02	AU$0.65	x
2016-06-30	AU$1.10	AU$0.65	x
2017-06-30	AU$1.18	AU$0.65	x
2018-06-30	AU$1.26	AU$0.65	x
2019-06-30	AU$1.26	AU$0.65	x
2020-06-30	AU$1.34	AU$0.65	x
2021-06-30	AU$1.44	AU$0.65	x
2022-06-30	AU$1.55	AU$0.65	x
2023-06-30	AU$1.53	AU$0.65	x
2024-06-30	AU$1.54	AU$0.65	x
2025-06-30	AU$1.46	AU$0.65	x
2026-06-30	AU$1.55	AU$0.65	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shine Justice 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): 3.65%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.59%
• Asset Turnover: 0.35x
• Equity Multiplier: 2.26x
Recent ROE (3.65%) is below the historical average (8.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	16.97%	16.64%	0.57x	1.79x	AU$7.19 Million
2014	18.49%	19.16%	0.56x	1.73x	AU$10.19 Million
2015	16.82%	19.63%	0.48x	1.79x	AU$12.01 Million
2016	7.81%	9.78%	0.44x	1.80x	AU$-4.16 Million
2017	9.86%	12.21%	0.43x	1.87x	AU$-292.80K
2018	8.76%	10.66%	0.42x	1.97x	AU$-2.70 Million
2019	6.28%	7.86%	0.35x	2.27x	AU$-8.28 Million
2020	9.06%	11.88%	0.32x	2.38x	AU$-2.24 Million
2021	10.02%	13.78%	0.31x	2.31x	AU$56.00K
2022	11.22%	14.61%	0.33x	2.36x	AU$3.38 Million
2023	1.22%	1.49%	0.35x	2.36x	AU$-23.75 Million
2024	2.22%	3.08%	0.33x	2.17x	AU$-21.21 Million
2025	0.22%	0.28%	0.36x	2.20x	AU$-25.59 Million
2026	3.65%	4.59%	0.35x	2.26x	AU$-16.69 Million

Industry Comparison

This section compares Shine Justice Ltd's net assets metrics with peer companies in the Personal Services industry.

Industry Context

Industry: Personal Services
Average net assets among peers: $63,706,885
Average return on equity (ROE) among peers: -15.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shine Justice Ltd (SHJ)	AU$259.74 Million	16.97%	1.28x	$77.31 Million
Af Legal Group Ltd (AFL)	$-19.50 Million	0.00%	0.00x	$9.19 Million
Apiam Animal Health Ltd (AHX)	$269.96 Million	5.71%	0.62x	$116.33 Million
Mayfield Childcare Ltd (MFD)	$65.61 Million	3.92%	2.45x	$6.40 Million
Mad Paws Holdings Ltd (MPA)	$-984.45K	0.00%	0.00x	$43.51 Million
Propel Funeral Partners Ltd (PFP)	$3.45 Million	-87.75%	0.09x	$259.68 Million

About Shine Justice Ltd

AU:SHJ Australia Personal Services

Market Cap

$77.31 Million

AU$109.26 Million AUD

Market Cap Rank

#20026 Global

#656 in Australia

Share Price

AU$0.65

Change (1 day)

-7.19%

52-Week Range

AU$0.57 - AU$0.77

All Time High

AU$1.60