Sonic Healthcare Ltd (SHL) - Net Assets
Based on the latest financial reports, Sonic Healthcare Ltd (SHL) has net assets worth AU$8.49 Billion AUD (≈ $6.01 Billion 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$16.78 Billion ≈ $11.87 Billion USD) and total liabilities (AU$8.29 Billion ≈ $5.86 Billion 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 Sonic Healthcare Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$8.49 Billion |
| % of Total Assets | 50.61% |
| Annual Growth Rate | 18.71% |
| 5-Year Change | 14.34% |
| 10-Year Change | 116.33% |
| Growth Volatility | 66.91 |
Sonic Healthcare Ltd - Net Assets Trend (1989–2026)
This chart illustrates how Sonic Healthcare Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Sonic Healthcare Ltd market cap and net worth.
Annual Net Assets for Sonic Healthcare Ltd (1989–2026)
The table below shows the annual net assets of Sonic Healthcare Ltd from 1989 to 2026. Also explore how fast is Sonic Healthcare Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$8.49 Billion ≈ $6.01 Billion |
+0.24% |
| 2025-06-30 | AU$8.47 Billion ≈ $6.00 Billion |
+4.93% |
| 2024-06-30 | AU$8.08 Billion ≈ $5.71 Billion |
+1.93% |
| 2023-06-30 | AU$7.92 Billion ≈ $5.61 Billion |
+6.65% |
| 2022-06-30 | AU$7.43 Billion ≈ $5.26 Billion |
+14.20% |
| 2021-06-30 | AU$6.50 Billion ≈ $4.60 Billion |
+14.83% |
| 2020-06-30 | AU$5.66 Billion ≈ $4.01 Billion |
+3.14% |
| 2019-06-30 | AU$5.49 Billion ≈ $3.89 Billion |
+28.23% |
| 2018-06-30 | AU$4.28 Billion ≈ $3.03 Billion |
+9.09% |
| 2017-06-30 | AU$3.93 Billion ≈ $2.78 Billion |
+5.18% |
| 2016-06-30 | AU$3.73 Billion ≈ $2.64 Billion |
+12.23% |
| 2015-06-30 | AU$3.33 Billion ≈ $2.35 Billion |
+6.98% |
| 2014-06-30 | AU$3.11 Billion ≈ $2.20 Billion |
+6.54% |
| 2013-06-30 | AU$2.92 Billion ≈ $2.06 Billion |
+11.80% |
| 2012-06-30 | AU$2.61 Billion ≈ $1.85 Billion |
+3.73% |
| 2011-06-30 | AU$2.52 Billion ≈ $1.78 Billion |
-1.65% |
| 2010-06-30 | AU$2.56 Billion ≈ $1.81 Billion |
+1.05% |
| 2009-06-30 | AU$2.53 Billion ≈ $1.79 Billion |
+29.05% |
| 2008-06-30 | AU$1.96 Billion ≈ $1.39 Billion |
+36.40% |
| 2007-06-30 | AU$1.44 Billion ≈ $1.02 Billion |
+10.45% |
| 2006-06-30 | AU$1.30 Billion ≈ $921.49 Million |
+47.55% |
| 2005-06-30 | AU$882.63 Million ≈ $624.52 Million |
+4.11% |
| 2004-06-30 | AU$847.79 Million ≈ $599.86 Million |
+1.98% |
| 2003-06-30 | AU$831.29 Million ≈ $588.19 Million |
-0.74% |
| 2002-06-30 | AU$837.47 Million ≈ $592.56 Million |
+37.65% |
| 2001-06-30 | AU$608.42 Million ≈ $430.50 Million |
+126.40% |
| 2000-06-30 | AU$268.74 Million ≈ $190.15 Million |
+379.05% |
| 1999-06-30 | AU$56.10 Million ≈ $39.69 Million |
+1.35% |
| 1998-06-30 | AU$55.35 Million ≈ $39.16 Million |
+3.13% |
| 1997-06-30 | AU$53.67 Million ≈ $37.98 Million |
+45.73% |
| 1996-06-30 | AU$36.83 Million ≈ $26.06 Million |
+87.25% |
| 1995-06-30 | AU$19.67 Million ≈ $13.92 Million |
+21.25% |
| 1994-06-30 | AU$16.22 Million ≈ $11.48 Million |
+108.01% |
| 1993-06-30 | AU$7.80 Million ≈ $5.52 Million |
+44.06% |
| 1992-06-30 | AU$5.41 Million ≈ $3.83 Million |
+7.27% |
| 1991-06-30 | AU$5.05 Million ≈ $3.57 Million |
-62.66% |
| 1990-06-30 | AU$13.51 Million ≈ $9.56 Million |
-9.16% |
| 1989-06-30 | AU$14.88 Million ≈ $10.53 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sonic Healthcare 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 363237500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$3.63 Billion | 43.51% |
| Common Stock | AU$4.52 Billion | 54.18% |
| Other Comprehensive Income | AU$189.78 Million | 2.28% |
| Other Components | AU$3.27 Million | 0.04% |
| Total Equity | AU$8.34 Billion | 100.00% |
Sonic Healthcare Ltd Competitors by Market Cap
The table below lists competitors of Sonic Healthcare Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arcellx Inc
NASDAQ:ACLX
|
$6.73 Billion |
|
Ringkjoebing Landbobank A/S
CO:RILBA
|
$6.74 Billion |
|
Gaztransport & Technigaz SAS
PA:GTT
|
$6.74 Billion |
|
Armstrong World Industries Inc
NYSE:AWI
|
$6.75 Billion |
|
BKW AG
SW:BKW
|
$6.73 Billion |
|
99 Speed Mart Retail Holdings Berhad
KLSE:5326
|
$6.73 Billion |
|
Mycronic publ AB
ST:MYCR
|
$6.72 Billion |
|
Sibanye Stillwater Limited
F:47VS
|
$6.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonic Healthcare Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 8,323,498,000 to 8,338,754,000, a change of 15,256,000 (0.2%).
- Net income of 608,293,000 contributed positively to equity growth.
- Dividend payments of 533,777,000 reduced retained earnings.
- Share repurchases of 313,000 reduced equity.
- Other comprehensive income decreased equity by 447,595,999.
- Other factors increased equity by 388,648,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$608.29 Million | +7.29% |
| Dividends Paid | AU$533.78 Million | -6.4% |
| Share Repurchases | AU$313.00K | -0.0% |
| Other Comprehensive Income | AU$-447.60 Million | -5.37% |
| Other Changes | AU$388.65 Million | +4.66% |
| Total Change | AU$- | 0.18% |
Book Value vs Market Value Analysis
This analysis compares Sonic Healthcare 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: 1.14x
- 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 580.48x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.03 | AU$19.24 | x |
| 1990-06-30 | AU$0.03 | AU$19.24 | x |
| 1991-06-30 | AU$0.01 | AU$19.24 | x |
| 1992-06-30 | AU$0.02 | AU$19.24 | x |
| 1993-06-30 | AU$0.03 | AU$19.24 | x |
| 1994-06-30 | AU$0.06 | AU$19.24 | x |
| 1995-06-30 | AU$0.07 | AU$19.24 | x |
| 1996-06-30 | AU$0.13 | AU$19.24 | x |
| 1997-06-30 | AU$0.45 | AU$19.24 | x |
| 1998-06-30 | AU$0.45 | AU$19.24 | x |
| 1999-06-30 | AU$0.46 | AU$19.24 | x |
| 2000-06-30 | AU$1.82 | AU$19.24 | x |
| 2001-06-30 | AU$2.96 | AU$19.24 | x |
| 2002-06-30 | AU$3.39 | AU$19.24 | x |
| 2003-06-30 | AU$3.20 | AU$19.24 | x |
| 2004-06-30 | AU$3.19 | AU$19.24 | x |
| 2005-06-30 | AU$3.19 | AU$19.24 | x |
| 2006-06-30 | AU$4.45 | AU$19.24 | x |
| 2007-06-30 | AU$4.69 | AU$19.24 | x |
| 2008-06-30 | AU$5.85 | AU$19.24 | x |
| 2009-06-30 | AU$6.84 | AU$19.24 | x |
| 2010-06-30 | AU$6.54 | AU$19.24 | x |
| 2011-06-30 | AU$6.45 | AU$19.24 | x |
| 2012-06-30 | AU$6.61 | AU$19.24 | x |
| 2013-06-30 | AU$7.28 | AU$19.24 | x |
| 2014-06-30 | AU$7.65 | AU$19.24 | x |
| 2015-06-30 | AU$8.10 | AU$19.24 | x |
| 2016-06-30 | AU$8.87 | AU$19.24 | x |
| 2017-06-30 | AU$9.14 | AU$19.24 | x |
| 2018-06-30 | AU$9.86 | AU$19.24 | x |
| 2019-06-30 | AU$12.02 | AU$19.24 | x |
| 2020-06-30 | AU$11.68 | AU$19.24 | x |
| 2021-06-30 | AU$13.26 | AU$19.24 | x |
| 2022-06-30 | AU$15.06 | AU$19.24 | x |
| 2023-06-30 | AU$16.38 | AU$19.24 | x |
| 2024-06-30 | AU$16.60 | AU$19.24 | x |
| 2025-06-30 | AU$17.29 | AU$19.24 | x |
| 2026-06-30 | AU$16.86 | AU$19.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonic Healthcare Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.56%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.01x
- Recent ROE (7.29%) is above the historical average (5.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -0.09% | -0.06% | 0.86x | 1.71x | AU$-1.50 Million |
| 1990 | -10.09% | -5.20% | 1.09x | 1.77x | AU$-2.71 Million |
| 1991 | -169.76% | -27.83% | 1.71x | 3.56x | AU$-9.07 Million |
| 1992 | 0.76% | 0.12% | 1.97x | 3.10x | AU$-500.30K |
| 1993 | 15.49% | 3.73% | 1.89x | 2.20x | AU$428.20K |
| 1994 | 23.02% | 11.20% | 0.97x | 2.11x | AU$2.11 Million |
| 1995 | 21.89% | 7.56% | 1.32x | 2.19x | AU$2.34 Million |
| 1996 | 18.49% | 7.73% | 0.83x | 2.89x | AU$3.13 Million |
| 1997 | 14.81% | 5.95% | 1.16x | 2.14x | AU$2.58 Million |
| 1998 | 20.74% | 0.00% | 0.00x | 2.19x | AU$5.94 Million |
| 1999 | 31.11% | 0.00% | 0.00x | 2.78x | AU$11.84 Million |
| 2000 | -1.18% | -0.83% | 0.53x | 2.70x | AU$-30.10 Million |
| 2001 | 0.01% | 0.01% | 0.49x | 2.12x | AU$-60.04 Million |
| 2002 | 0.19% | 0.18% | 0.53x | 1.92x | AU$-81.69 Million |
| 2003 | 0.11% | 0.09% | 0.62x | 1.86x | AU$-82.20 Million |
| 2004 | -0.03% | -0.02% | 0.61x | 1.97x | AU$-86.26 Million |
| 2005 | -1.35% | -0.88% | 0.78x | 1.96x | AU$-100.39 Million |
| 2006 | 13.39% | 10.57% | 0.69x | 1.83x | AU$43.56 Million |
| 2007 | 13.95% | 10.72% | 0.64x | 2.04x | AU$56.12 Million |
| 2008 | 12.57% | 10.51% | 0.64x | 1.86x | AU$50.12 Million |
| 2009 | 6.77% | 5.77% | 0.62x | 1.88x | AU$-81.66 Million |
| 2010 | 11.47% | 9.86% | 0.61x | 1.90x | AU$37.60 Million |
| 2011 | 11.71% | 9.55% | 0.65x | 1.87x | AU$43.10 Million |
| 2012 | 12.20% | 9.51% | 0.67x | 1.90x | AU$57.05 Million |
| 2013 | 11.57% | 9.78% | 0.62x | 1.91x | AU$45.51 Million |
| 2014 | 12.49% | 9.99% | 0.66x | 1.88x | AU$76.72 Million |
| 2015 | 10.62% | 8.40% | 0.65x | 1.94x | AU$20.29 Million |
| 2016 | 12.32% | 9.12% | 0.67x | 2.01x | AU$85.09 Million |
| 2017 | 11.17% | 8.46% | 0.64x | 2.06x | AU$44.83 Million |
| 2018 | 11.39% | 8.69% | 0.67x | 1.96x | AU$57.87 Million |
| 2019 | 10.16% | 8.96% | 0.62x | 1.84x | AU$8.49 Million |
| 2020 | 9.47% | 8.04% | 0.52x | 2.27x | AU$-29.63 Million |
| 2021 | 20.60% | 15.02% | 0.71x | 1.92x | AU$676.54 Million |
| 2022 | 20.08% | 15.69% | 0.71x | 1.80x | AU$733.25 Million |
| 2023 | 8.85% | 8.41% | 0.60x | 1.75x | AU$-88.67 Million |
| 2024 | 6.46% | 5.72% | 0.60x | 1.87x | AU$-280.67 Million |
| 2025 | 6.17% | 5.32% | 0.60x | 1.93x | AU$-318.75 Million |
| 2026 | 7.29% | 5.56% | 0.65x | 2.01x | AU$-225.58 Million |
Industry Comparison
This section compares Sonic Healthcare Ltd's net assets metrics with peer companies in the Diagnostics & Research industry.
Industry Context
- Industry: Diagnostics & Research
- Average net assets among peers: $60,285,482
- Average return on equity (ROE) among peers: -48.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sonic Healthcare Ltd (SHL) | AU$8.49 Billion | -0.09% | 0.98x | $6.73 Billion |
| Australian Clinical Labs Ltd (ACL) | $81.91 Million | 73.70% | 4.80x | $360.33 Million |
| Bcal Diagnostics Ltd (BDX) | $8.59 Million | -74.52% | 0.43x | $22.43 Million |
| Cryosite Ltd (CTE) | $3.87 Million | -25.46% | 0.05x | $40.58 Million |
| Genetic Signatures Ltd (GSS) | $50.09 Million | -40.13% | 0.09x | $11.25 Million |
| Genetic Technologies Ltd (GTG) | $16.90 Million | -9.86% | 0.24x | $4.01 Million |
| Healius Ltd (HLS) | $409.41 Million | 13.90% | 0.48x | $195.24 Million |
| Imagion Biosystems Ltd (IBX) | $11.69 Million | -8.85% | 0.04x | $2.78 Million |
| Integral Diagnostics Ltd (IDX) | $2.54 Million | 0.00% | 0.20x | $601.62 Million |
| Inoviq Ltd (IIQ) | $2.92 Million | -360.47% | 0.45x | $16.93 Million |
| Microba Life Sciences Ltd (MAP) | $14.94 Million | -50.37% | 0.24x | $20.68 Million |
About Sonic Healthcare Ltd
Sonic Healthcare Limited offers medical diagnostic services, and administrative services and facilities to medical practitioners in Australia, the United States, Germany, and internationally. The company provides laboratory medicine/pathology testing services, such as biochemistry, cytopathology, genetics, haematology, histopathology, immunoserology, microbiology, molecular pathology, prenatal te… Read more