Silk Logistics Holdings Ltd (SLH) - Net Assets
Based on the latest financial reports, Silk Logistics Holdings Ltd (SLH) has net assets worth AU$79.37 Million AUD (≈ $56.16 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$558.76 Million ≈ $395.36 Million USD) and total liabilities (AU$479.39 Million ≈ $339.20 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 SLH asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$79.37 Million |
| % of Total Assets | 14.21% |
| Annual Growth Rate | 31.26% |
| 5-Year Change | 139.43% |
| 10-Year Change | N/A |
| Growth Volatility | 26.83 |
Silk Logistics Holdings Ltd - Net Assets Trend (2017–2023)
This chart illustrates how Silk Logistics Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SLH total asset value for the complete picture of this company's asset base.
Annual Net Assets for Silk Logistics Holdings Ltd (2017–2023)
The table below shows the annual net assets of Silk Logistics Holdings Ltd from 2017 to 2023. For live valuation and market cap data, see Silk Logistics Holdings Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$82.39 Million ≈ $58.30 Million |
+9.26% |
| 2022-12-31 | AU$75.41 Million ≈ $53.36 Million |
+12.74% |
| 2021-12-31 | AU$66.89 Million ≈ $47.33 Million |
+56.13% |
| 2020-12-31 | AU$42.84 Million ≈ $30.31 Million |
+24.50% |
| 2019-12-31 | AU$34.41 Million ≈ $24.35 Million |
+82.80% |
| 2018-12-31 | AU$18.82 Million ≈ $13.32 Million |
+16.82% |
| 2017-12-31 | AU$16.11 Million ≈ $11.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Silk Logistics 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 126.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$26.66 Million | 32.35% |
| Common Stock | AU$79.45 Million | 96.43% |
| Other Comprehensive Income | AU$-23.72 Million | -28.79% |
| Total Equity | AU$82.39 Million | 100.00% |
Silk Logistics Holdings Ltd Competitors by Market Cap
The table below lists competitors of Silk Logistics Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Merit Turizm Yatirim ve Isletme AS
IS:MERIT
|
$123.49 Million |
|
Kumho Petro Chemical Co Ltd
KO:011785
|
$123.55 Million |
|
Aurskog Sparebank
OL:AURG
|
$123.55 Million |
|
OPTIMIZERx Corp
NASDAQ:OPRX
|
$123.59 Million |
|
Abionyx Pharma SA
PA:ABNX
|
$123.48 Million |
|
DYO Boya Fabrikalari Sanayi ve Ticaret AS
IS:DYOBY
|
$123.43 Million |
|
Whanin Pharm
KO:016580
|
$123.43 Million |
|
Ctek AB
ST:CTEK
|
$123.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silk Logistics Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 75,407,000 to 82,391,000, a change of 6,984,000 (9.3%).
- Net income of 7,415,000 contributed positively to equity growth.
- Dividend payments of 4,744,000 reduced retained earnings.
- Other comprehensive income decreased equity by 770,000.
- Other factors increased equity by 5,083,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$7.42 Million | +9.0% |
| Dividends Paid | AU$4.74 Million | -5.76% |
| Other Comprehensive Income | AU$-770.00K | -0.93% |
| Other Changes | AU$5.08 Million | +6.17% |
| Total Change | AU$- | 9.26% |
Book Value vs Market Value Analysis
This analysis compares Silk Logistics 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: 2.11x
- 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 10.06x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.21 | AU$2.14 | x |
| 2018-12-31 | AU$0.25 | AU$2.14 | x |
| 2019-12-31 | AU$0.45 | AU$2.14 | x |
| 2020-12-31 | AU$0.57 | AU$2.14 | x |
| 2021-12-31 | AU$0.87 | AU$2.14 | x |
| 2022-12-31 | AU$0.95 | AU$2.14 | x |
| 2023-12-31 | AU$1.02 | AU$2.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silk Logistics 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): 9.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.33%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 6.72x
- Recent ROE (9.00%) is below the historical average (13.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 10.79% | 1.21% | 2.18x | 4.09x | AU$127.70K |
| 2018 | 24.44% | 1.79% | 3.82x | 3.58x | AU$2.72 Million |
| 2019 | -12.57% | -1.72% | 0.86x | 8.48x | AU$-7.77 Million |
| 2020 | 19.58% | 2.59% | 1.11x | 6.82x | AU$4.11 Million |
| 2021 | 19.97% | 3.38% | 1.25x | 4.71x | AU$6.67 Million |
| 2022 | 21.75% | 3.36% | 1.19x | 5.46x | AU$8.86 Million |
| 2023 | 9.00% | 1.33% | 1.00x | 6.72x | AU$-824.10K |
Industry Comparison
This section compares Silk Logistics Holdings Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $550,995,662
- Average return on equity (ROE) among peers: 5.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silk Logistics Holdings Ltd (SLH) | AU$79.37 Million | 10.79% | 6.04x | $123.48 Million |
| Cti Logistics Ltd (CLX) | $62.16 Million | 9.54% | 1.60x | $98.52 Million |
| Dalrymple Bay Infrastructure Ltd (DBI) | $1.04 Billion | 2.82% | 2.42x | $1.91 Billion |
| K & S Corporation Ltd (KSC) | $136.06 Million | 12.53% | 1.07x | $393.98 Million |
| Orcoda Ltd (ODA) | $11.99 Million | -1.19% | 0.08x | $6.37 Million |
| PRL Global Ltd (PRG) | $234.30 Million | 10.79% | 1.00x | $144.53 Million |
| QUBE Holdings Ltd (QUB) | $2.81 Billion | 6.99% | 0.69x | $6.26 Billion |
| Steamships Trading Company Ltd (SST) | $113.65 Million | -0.28% | 0.61x | $234.76 Million |
| Wiseway Group Ltd (WWG) | $-348.23K | 0.00% | 0.00x | $34.11 Million |
About Silk Logistics Holdings Ltd
Silk Logistics Holdings Limited provides port-to-door landside logistics and supply chain services in Australia. It operates through Port Logistics and Contract Logistics segments. The company offers port logistics services, including wharf cartage; and contract logistics services, such as warehousing, e-commerce fulfillment, and distribution. It serves retail, fast moving consumer goods, light i… Read more