Sky Network Television Ltd
SKY Network Television Limited, an entertainment company, provides sport and entertainment media services, and telecommunications services in New Zealand. It offers commercial music, broadband, entertainment quizzes, advertising, and streaming services, as well as broadcasting services. The company was founded in 1990 and is based in Auckland, New Zealand.
Sky Network Television Ltd (SKT) - Net Assets
Latest net assets as of June 2025: AU$439.01 Million AUD
Based on the latest financial reports, Sky Network Television Ltd (SKT) has net assets worth AU$439.01 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$672.87 Million) and total liabilities (AU$233.85 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$439.01 Million |
| % of Total Assets | 65.25% |
| Annual Growth Rate | 8.05% |
| 5-Year Change | 3.54% |
| 10-Year Change | -67.01% |
| Growth Volatility | 138.01 |
Sky Network Television Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Sky Network Television 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 Sky Network Television Ltd (1998–2025)
The table below shows the annual net assets of Sky Network Television Ltd from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$439.01 Million | -2.21% |
| 2024-06-30 | AU$448.92 Million | +1.89% |
| 2023-06-30 | AU$440.61 Million | -10.90% |
| 2022-06-30 | AU$494.49 Million | +16.63% |
| 2021-06-30 | AU$424.00 Million | +13.08% |
| 2020-06-30 | AU$374.97 Million | +6.66% |
| 2019-06-30 | AU$351.57 Million | -65.76% |
| 2018-06-30 | AU$1.03 Billion | -22.68% |
| 2017-06-30 | AU$1.33 Billion | -0.23% |
| 2016-06-30 | AU$1.33 Billion | -0.47% |
| 2015-06-30 | AU$1.34 Billion | +7.74% |
| 2014-06-30 | AU$1.24 Billion | +5.01% |
| 2013-06-30 | AU$1.18 Billion | -5.74% |
| 2012-06-30 | AU$1.25 Billion | -3.37% |
| 2011-06-30 | AU$1.30 Billion | +3.72% |
| 2010-06-30 | AU$1.25 Billion | +3.68% |
| 2009-06-30 | AU$1.21 Billion | +2.10% |
| 2008-06-30 | AU$1.18 Billion | +5.95% |
| 2007-06-30 | AU$1.12 Billion | +1.51% |
| 2006-06-30 | AU$1.10 Billion | +715.86% |
| 2005-06-30 | AU$134.68 Million | +47.31% |
| 2004-06-30 | AU$91.42 Million | +62.66% |
| 2003-06-30 | AU$56.20 Million | +2.32% |
| 2002-06-30 | AU$54.93 Million | -34.53% |
| 2001-06-30 | AU$83.91 Million | +113.27% |
| 2000-06-30 | AU$39.34 Million | -42.89% |
| 1999-06-30 | AU$68.89 Million | +26.80% |
| 1998-06-30 | AU$54.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sky Network Television 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 8942300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$676.75 Million | 154.66% |
| Other Comprehensive Income | AU$-1.62 Million | -0.37% |
| Total Equity | AU$437.57 Million | 100.00% |
Sky Network Television Ltd Competitors by Market Cap
The table below lists competitors of Sky Network Television Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Performant Financial Corporation
NASDAQ:PFMT
|
$200.24 Million |
|
Zhe Jiang Li Zi Yuan Food Co Ltd
SHG:605337
|
$200.24 Million |
|
XIAO FANG ORD A (SHH) EQSW Exp:
SHG:603207
|
$200.26 Million |
|
Achieve Life Sciences Inc
NASDAQ:ACHV
|
$200.27 Million |
|
Eimskipafélag Íslands hf
IC:EIM
|
$200.24 Million |
|
Regal Real Estate Investment Trust
OTCGREY:RREIF
|
$200.17 Million |
|
Yongtaiyun Chemical Logistics Co.Ltd
SHE:001228
|
$200.09 Million |
|
Surya Semesta Internusa Tbk
JK:SSIA
|
$200.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sky Network Television Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 447,539,000 to 437,566,000, a change of -9,973,000 (-2.2%).
- Net income of 20,228,000 contributed positively to equity growth.
- Dividend payments of 30,151,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,978,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$20.23 Million | +4.62% |
| Dividends Paid | AU$30.15 Million | -6.89% |
| Other Comprehensive Income | AU$-1.98 Million | -0.45% |
| Other Changes | AU$1.93 Million | +0.44% |
| Total Change | AU$- | -2.23% |
Book Value vs Market Value Analysis
This analysis compares Sky Network Television 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: 0.85x
- 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 8.68x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-06-30 | AU$0.31 | AU$2.70 | x |
| 1999-06-30 | AU$0.39 | AU$2.70 | x |
| 2000-06-30 | AU$0.23 | AU$2.70 | x |
| 2001-06-30 | AU$0.48 | AU$2.70 | x |
| 2002-06-30 | AU$0.31 | AU$2.70 | x |
| 2003-06-30 | AU$0.32 | AU$2.70 | x |
| 2004-06-30 | AU$0.52 | AU$2.70 | x |
| 2005-06-30 | AU$0.77 | AU$2.70 | x |
| 2006-06-30 | AU$6.29 | AU$2.70 | x |
| 2007-06-30 | AU$6.39 | AU$2.70 | x |
| 2008-06-30 | AU$6.76 | AU$2.70 | x |
| 2009-06-30 | AU$6.91 | AU$2.70 | x |
| 2010-06-30 | AU$7.16 | AU$2.70 | x |
| 2011-06-30 | AU$7.43 | AU$2.70 | x |
| 2012-06-30 | AU$7.11 | AU$2.70 | x |
| 2013-06-30 | AU$6.73 | AU$2.70 | x |
| 2014-06-30 | AU$7.10 | AU$2.70 | x |
| 2015-06-30 | AU$7.65 | AU$2.70 | x |
| 2016-06-30 | AU$7.61 | AU$2.70 | x |
| 2017-06-30 | AU$34.09 | AU$2.70 | x |
| 2018-06-30 | AU$5.87 | AU$2.70 | x |
| 2019-06-30 | AU$2.01 | AU$2.70 | x |
| 2020-06-30 | AU$2.14 | AU$2.70 | x |
| 2021-06-30 | AU$2.42 | AU$2.70 | x |
| 2022-06-30 | AU$3.39 | AU$2.70 | x |
| 2023-06-30 | AU$2.51 | AU$2.70 | x |
| 2024-06-30 | AU$3.15 | AU$2.70 | x |
| 2025-06-30 | AU$3.18 | AU$2.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sky Network Television Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.69%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.54x
- Recent ROE (4.62%) is above the historical average (-2.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -0.01% | 0.00% | 0.00x | 3.95x | AU$-5.44 Million |
| 1999 | -0.05% | 0.00% | 0.00x | 4.33x | AU$-6.92 Million |
| 2000 | 0.35% | 0.00% | 0.00x | 10.32x | AU$-3.85 Million |
| 2001 | 0.00% | 0.00% | 0.49x | 5.81x | AU$-8.43 Million |
| 2002 | -0.11% | -0.02% | 0.60x | 9.01x | AU$-5.55 Million |
| 2003 | -0.07% | -0.01% | 0.72x | 8.50x | AU$-5.66 Million |
| 2004 | 0.08% | 0.02% | 0.99x | 4.46x | AU$-9.07 Million |
| 2005 | -0.03% | -0.01% | 1.19x | 2.79x | AU$-13.51 Million |
| 2006 | 5.47% | 10.96% | 0.30x | 1.66x | AU$-49.73 Million |
| 2007 | 6.98% | 12.59% | 0.35x | 1.60x | AU$-33.68 Million |
| 2008 | 8.27% | 14.83% | 0.36x | 1.55x | AU$-20.39 Million |
| 2009 | 7.33% | 12.77% | 0.37x | 1.55x | AU$-32.24 Million |
| 2010 | 8.23% | 13.87% | 0.39x | 1.53x | AU$-22.17 Million |
| 2011 | 9.26% | 15.45% | 0.40x | 1.50x | AU$-9.59 Million |
| 2012 | 9.96% | 15.00% | 0.42x | 1.58x | AU$-498.20K |
| 2013 | 11.68% | 15.85% | 0.46x | 1.62x | AU$19.74 Million |
| 2014 | 13.37% | 18.67% | 0.48x | 1.50x | AU$41.84 Million |
| 2015 | 12.85% | 18.50% | 0.48x | 1.45x | AU$38.01 Million |
| 2016 | 11.03% | 15.81% | 0.48x | 1.46x | AU$13.75 Million |
| 2017 | 8.75% | 12.99% | 0.47x | 1.42x | AU$-16.63 Million |
| 2018 | -23.50% | -28.69% | 0.56x | 1.47x | AU$-343.50 Million |
| 2019 | -173.64% | -76.49% | 1.03x | 2.20x | AU$-643.18 Million |
| 2020 | -42.00% | -21.02% | 0.89x | 2.25x | AU$-194.35 Million |
| 2021 | 11.17% | 6.64% | 1.02x | 1.65x | AU$4.96 Million |
| 2022 | 12.60% | 8.43% | 0.95x | 1.58x | AU$12.82 Million |
| 2023 | 11.56% | 6.71% | 1.10x | 1.57x | AU$6.84 Million |
| 2024 | 10.94% | 6.39% | 1.13x | 1.52x | AU$4.21 Million |
| 2025 | 4.62% | 2.69% | 1.12x | 1.54x | AU$-23.53 Million |
Industry Comparison
This section compares Sky Network Television Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $228,106,711
- Average return on equity (ROE) among peers: -5.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sky Network Television Ltd (SKT) | AU$439.01 Million | -0.01% | 0.53x | $200.24 Million |
| Ai-Media Technologies Ltd (AIM) | $6.33 Million | -21.02% | 0.97x | $17.62 Million |
| Brisbane Broncos Ltd (BBL) | $43.54 Million | 12.94% | 0.34x | $4.93 Million |
| EVT Ltd (EVT) | $1.09 Billion | 10.28% | 0.59x | $813.09 Million |
| Swift Tv Ltd (STV) | $-2.89 Million | 0.00% | 0.00x | $5.04 Million |
| Swift Networks Group Ltd (SW1) | $4.96 Million | -28.31% | 0.52x | $4.10 Million |