Shriro Holdings Ltd
Shriro Holdings Limited, together with its subsidiaries, manufactures, markets, and distributes consumer products in Australia, New Zealand, the United States, China, and internationally. The company offers calculators, watches, electronic musical instruments, audio products, kitchen appliances, laundry, bathroom and sanitaryware products, consumer electronics, car audio, amplifiers, professional… Read more
Shriro Holdings Ltd (SHM) - Net Assets
Latest net assets as of June 2025: AU$37.16 Million AUD
Based on the latest financial reports, Shriro Holdings Ltd (SHM) has net assets worth AU$37.16 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$63.77 Million) and total liabilities (AU$26.61 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$37.16 Million |
| % of Total Assets | 58.27% |
| Annual Growth Rate | 2.69% |
| 5-Year Change | -39.33% |
| 10-Year Change | -22.1% |
| Growth Volatility | 25.43 |
Shriro Holdings Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Shriro Holdings 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 Shriro Holdings Ltd (2014–2024)
The table below shows the annual net assets of Shriro Holdings Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$37.16 Million | -23.26% |
| 2023-12-31 | AU$48.42 Million | -29.00% |
| 2022-12-31 | AU$68.20 Million | +1.59% |
| 2021-12-31 | AU$67.13 Million | +9.62% |
| 2020-12-31 | AU$61.24 Million | +21.08% |
| 2019-12-31 | AU$50.58 Million | -1.23% |
| 2018-12-31 | AU$51.21 Million | -10.43% |
| 2017-12-31 | AU$57.17 Million | +7.34% |
| 2016-12-31 | AU$53.27 Million | +11.67% |
| 2015-12-31 | AU$47.70 Million | +67.40% |
| 2014-12-31 | AU$28.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shriro Holdings 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 146.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$51.80 Million | 139.40% |
| Common Stock | AU$62.78 Million | 168.96% |
| Other Comprehensive Income | AU$-77.42 Million | -208.37% |
| Total Equity | AU$37.16 Million | 100.00% |
Shriro Holdings Ltd Competitors by Market Cap
The table below lists competitors of Shriro Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aptech Limited
NSE:APTECHT
|
$20.20 Million |
|
KCI Limited
KQ:036670
|
$20.20 Million |
|
Asset Five Group PCL
BK:A5
|
$20.21 Million |
|
Koleksiyon Mobilya Sanayi AS
IS:KLSYN
|
$20.21 Million |
|
Ashtrom Group Ltd
TA:ASHG
|
$20.20 Million |
|
Wellchange Holdings Company Limited
NASDAQ:WCT
|
$20.19 Million |
|
Freelance.Com
PA:ALFRE
|
$20.19 Million |
|
Valuence Merger Corp. I
OTCMKTS:VMCUF
|
$20.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shriro Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,418,000 to 37,156,000, a change of -11,262,000 (-23.3%).
- Net income of 7,524,000 contributed positively to equity growth.
- Dividend payments of 4,450,000 reduced retained earnings.
- Share repurchases of 15,172,000 reduced equity.
- Other comprehensive income increased equity by 851,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$7.52 Million | +20.25% |
| Dividends Paid | AU$4.45 Million | -11.98% |
| Share Repurchases | AU$15.17 Million | -40.83% |
| Other Comprehensive Income | AU$851.00K | +2.29% |
| Other Changes | AU$-15.00K | -0.04% |
| Total Change | AU$- | -23.26% |
Book Value vs Market Value Analysis
This analysis compares Shriro Holdings 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: 1.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.74x to 1.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | AU$0.45 | AU$0.79 | x |
| 2015-12-31 | AU$0.60 | AU$0.79 | x |
| 2016-12-31 | AU$0.55 | AU$0.79 | x |
| 2017-12-31 | AU$0.59 | AU$0.79 | x |
| 2018-12-31 | AU$0.53 | AU$0.79 | x |
| 2019-12-31 | AU$0.52 | AU$0.79 | x |
| 2020-12-31 | AU$0.64 | AU$0.79 | x |
| 2021-12-31 | AU$0.70 | AU$0.79 | x |
| 2022-12-31 | AU$0.70 | AU$0.79 | x |
| 2023-12-31 | AU$0.49 | AU$0.79 | x |
| 2024-12-31 | AU$0.40 | AU$0.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shriro Holdings 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): 20.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.28%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 1.72x
- Recent ROE (20.25%) is above the historical average (19.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 20.33% | 3.26% | 1.84x | 3.39x | AU$2.94 Million |
| 2015 | 14.92% | 3.82% | 2.12x | 1.85x | AU$2.35 Million |
| 2016 | 24.71% | 7.17% | 2.00x | 1.72x | AU$7.84 Million |
| 2017 | 25.36% | 7.70% | 1.92x | 1.72x | AU$8.78 Million |
| 2018 | 15.03% | 4.25% | 1.64x | 2.16x | AU$2.58 Million |
| 2019 | 12.82% | 3.77% | 1.72x | 1.97x | AU$1.43 Million |
| 2020 | 29.71% | 9.53% | 1.76x | 1.78x | AU$12.07 Million |
| 2021 | 20.10% | 7.04% | 1.81x | 1.58x | AU$6.78 Million |
| 2022 | 11.80% | 6.41% | 1.28x | 1.44x | AU$1.23 Million |
| 2023 | 14.27% | 5.79% | 1.51x | 1.63x | AU$2.07 Million |
| 2024 | 20.25% | 7.28% | 1.62x | 1.72x | AU$3.81 Million |
Industry Comparison
This section compares Shriro Holdings Ltd's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $155,648,720
- Average return on equity (ROE) among peers: 50.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shriro Holdings Ltd (SHM) | AU$37.16 Million | 20.33% | 0.72x | $20.20 Million |
| Adore Beauty Group Ltd (ABY) | $15.36 Million | -8.00% | 1.58x | $16.96 Million |
| Adairs Ltd (ADH) | $140.57 Million | 25.10% | 1.77x | $157.74 Million |
| Bapcor Ltd (BAP) | $722.19 Million | 13.43% | 0.87x | $107.46 Million |
| Baby Bunting Group Ltd (BBN) | $92.72 Million | 8.99% | 0.32x | $116.98 Million |
| Beacon Lighting Group Ltd (BLX) | $38.20 Million | 30.88% | 1.01x | $106.16 Million |
| Cash Converters International (CCV) | $261.70 Million | -8.21% | 0.69x | $64.44 Million |
| Dusk Group Ltd (DSK) | $37.50 Million | 11.38% | 1.34x | $25.59 Million |
| JB Hi-Fi Ltd (JBH) | $229.25 Million | 41.19% | 1.89x | $5.14 Billion |
| Joyce Corporation Ltd (JYC) | $17.60 Million | 4.00% | 3.05x | $40.49 Million |
| Lovisa Holdings Ltd (LOV) | $1.39 Million | 386.86% | 14.64x | $822.49 Million |