Structural Monitoring Systems Plc (SMN) - Net Assets
Based on the latest financial reports, Structural Monitoring Systems Plc (SMN) has net assets worth AU$23.54 Million AUD (≈ $16.65 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$34.67 Million ≈ $24.53 Million USD) and total liabilities (AU$11.13 Million ≈ $7.88 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 how resilient are Structural Monitoring Systems Plc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$23.54 Million |
| % of Total Assets | 67.89% |
| Annual Growth Rate | 8.58% |
| 5-Year Change | 67.94% |
| 10-Year Change | 615.24% |
| Growth Volatility | 180.53 |
Structural Monitoring Systems Plc - Net Assets Trend (2001–2025)
This chart illustrates how Structural Monitoring Systems Plc's net assets have evolved over time, based on quarterly financial data. Also explore Structural Monitoring Systems Plc total assets for the complete picture of this company's asset base.
Annual Net Assets for Structural Monitoring Systems Plc (2001–2025)
The table below shows the annual net assets of Structural Monitoring Systems Plc from 2001 to 2025. For live valuation and market cap data, see Structural Monitoring Systems Plc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$23.54 Million ≈ $16.65 Million |
+60.97% |
| 2024-06-30 | AU$14.62 Million ≈ $10.35 Million |
-1.92% |
| 2023-06-30 | AU$14.91 Million ≈ $10.55 Million |
-6.82% |
| 2022-06-30 | AU$16.00 Million ≈ $11.32 Million |
+14.16% |
| 2021-06-30 | AU$14.01 Million ≈ $9.92 Million |
+4.57% |
| 2020-06-30 | AU$13.40 Million ≈ $9.48 Million |
+8.26% |
| 2019-06-30 | AU$12.38 Million ≈ $8.76 Million |
-8.16% |
| 2018-06-30 | AU$13.48 Million ≈ $9.54 Million |
+411.88% |
| 2017-06-30 | AU$2.63 Million ≈ $1.86 Million |
-19.98% |
| 2016-06-30 | AU$3.29 Million ≈ $2.33 Million |
+554.77% |
| 2015-06-30 | AU$502.55K ≈ $355.58K |
+8580.34% |
| 2014-06-30 | AU$-5.93K ≈ $-4.19K |
-177.29% |
| 2013-06-30 | AU$7.67K ≈ $5.42K |
-87.12% |
| 2012-06-30 | AU$59.52K ≈ $42.12K |
-87.41% |
| 2011-06-30 | AU$472.67K ≈ $334.44K |
+321.35% |
| 2010-06-30 | AU$112.18K ≈ $79.38K |
-80.45% |
| 2009-06-30 | AU$573.95K ≈ $406.11K |
-46.75% |
| 2008-06-30 | AU$1.08 Million ≈ $762.59K |
-81.89% |
| 2007-06-30 | AU$5.95 Million ≈ $4.21 Million |
+121.97% |
| 2006-06-30 | AU$2.68 Million ≈ $1.90 Million |
+5.42% |
| 2005-06-30 | AU$2.54 Million ≈ $1.80 Million |
-88.57% |
| 2004-06-30 | AU$22.26 Million ≈ $15.75 Million |
+380.43% |
| 2003-06-30 | AU$4.63 Million ≈ $3.28 Million |
+0.85% |
| 2002-06-30 | AU$4.59 Million ≈ $3.25 Million |
+40.91% |
| 2001-06-30 | AU$3.26 Million ≈ $2.31 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Structural Monitoring Systems Plc'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 6065900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$31.98 Million | 135.88% |
| Other Comprehensive Income | AU$-853.00K | -3.62% |
| Other Components | AU$53.07 Million | 225.49% |
| Total Equity | AU$23.54 Million | 100.00% |
Structural Monitoring Systems Plc Competitors by Market Cap
The table below lists competitors of Structural Monitoring Systems Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Satria Mega Kencana Tbk PT
JK:SOTS
|
$45.71 Million |
|
Sungmoon Elect
KO:014910
|
$45.72 Million |
|
LAVA Therapeutics NV
NASDAQ:LVTX
|
$45.77 Million |
|
AWC Berhad
KLSE:7579
|
$45.78 Million |
|
ROK Resources Inc
V:ROK
|
$45.68 Million |
|
Centara Hotels & Resorts Leasehold Property Fund
BK:CTARAF
|
$45.68 Million |
|
Navamedic ASA
OL:NAVA
|
$45.68 Million |
|
Southern Rubber Industry JSC
VN:CSM
|
$45.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Structural Monitoring Systems Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,621,000 to 23,535,000, a change of 8,914,000 (61.0%).
- Net income of 184,000 contributed positively to equity growth.
- Share repurchases of 8,700,000 reduced equity.
- Other comprehensive income increased equity by 106,000.
- Other factors increased equity by 17,324,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$184.00K | +0.78% |
| Share Repurchases | AU$8.70 Million | -36.97% |
| Other Comprehensive Income | AU$106.00K | +0.45% |
| Other Changes | AU$17.32 Million | +73.61% |
| Total Change | AU$- | 60.97% |
Book Value vs Market Value Analysis
This analysis compares Structural Monitoring Systems Plc'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: 2.50x
- 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 3.01x to 2.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$0.14 | AU$0.42 | x |
| 2006-06-30 | AU$0.13 | AU$0.42 | x |
| 2007-06-30 | AU$0.25 | AU$0.42 | x |
| 2008-06-30 | AU$0.04 | AU$0.42 | x |
| 2009-06-30 | AU$0.02 | AU$0.42 | x |
| 2010-06-30 | AU$0.00 | AU$0.42 | x |
| 2011-06-30 | AU$0.01 | AU$0.42 | x |
| 2012-06-30 | AU$0.00 | AU$0.42 | x |
| 2013-06-30 | AU$0.00 | AU$0.42 | x |
| 2014-06-30 | AU$0.00 | AU$0.42 | x |
| 2015-06-30 | AU$0.01 | AU$0.42 | x |
| 2016-06-30 | AU$0.03 | AU$0.42 | x |
| 2017-06-30 | AU$0.03 | AU$0.42 | x |
| 2018-06-30 | AU$0.12 | AU$0.42 | x |
| 2019-06-30 | AU$0.11 | AU$0.42 | x |
| 2020-06-30 | AU$0.11 | AU$0.42 | x |
| 2021-06-30 | AU$0.12 | AU$0.42 | x |
| 2022-06-30 | AU$0.13 | AU$0.42 | x |
| 2023-06-30 | AU$0.11 | AU$0.42 | x |
| 2024-06-30 | AU$0.11 | AU$0.42 | x |
| 2025-06-30 | AU$0.17 | AU$0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Structural Monitoring Systems Plc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.65%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.47x
- Recent ROE (0.78%) is above the historical average (-818.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -954.08% | -4465.33% | 0.17x | 1.27x | AU$-24.53 Million |
| 2006 | -140.57% | -333.92% | 0.31x | 1.37x | AU$-4.04 Million |
| 2007 | -49.94% | -646.83% | 0.07x | 1.11x | AU$-3.57 Million |
| 2008 | -312.87% | -680.36% | 0.22x | 2.14x | AU$-3.48 Million |
| 2009 | -226.85% | -398.14% | 0.40x | 1.43x | AU$-1.36 Million |
| 2010 | -732.74% | -437.81% | 0.53x | 3.17x | AU$-833.22K |
| 2011 | -265.09% | -411.79% | 0.43x | 1.48x | AU$-1.30 Million |
| 2012 | -2128.57% | -1112.78% | 0.75x | 2.56x | AU$-1.27 Million |
| 2013 | -11909.31% | -634.19% | 0.39x | 48.56x | AU$-913.85K |
| 2014 | 0.00% | -504.84% | 0.58x | 0.00x | AU$-763.61K |
| 2015 | -184.74% | -50457.83% | 0.00x | 1.19x | AU$-978.68K |
| 2016 | -80.33% | -2177.42% | 0.03x | 1.06x | AU$-2.97 Million |
| 2017 | -52.39% | -445.95% | 0.10x | 1.13x | AU$-1.64 Million |
| 2018 | -28.90% | -52.37% | 0.47x | 1.17x | AU$-5.24 Million |
| 2019 | -32.53% | -24.58% | 1.00x | 1.32x | AU$-5.26 Million |
| 2020 | -19.02% | -13.35% | 1.14x | 1.25x | AU$-3.89 Million |
| 2021 | -13.98% | -12.77% | 0.91x | 1.20x | AU$-3.36 Million |
| 2022 | -23.99% | -24.44% | 0.44x | 2.22x | AU$-5.44 Million |
| 2023 | -21.04% | -14.01% | 0.67x | 2.26x | AU$-4.63 Million |
| 2024 | -7.12% | -3.72% | 0.85x | 2.24x | AU$-2.50 Million |
| 2025 | 0.78% | 0.65% | 0.81x | 1.47x | AU$-2.17 Million |
Industry Comparison
This section compares Structural Monitoring Systems Plc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $21,825,246
- Average return on equity (ROE) among peers: -113.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Structural Monitoring Systems Plc (SMN) | AU$23.54 Million | -954.08% | 0.47x | $45.69 Million |
| Catapult Group International Ltd (CAT) | $86.46 Million | -36.41% | 0.89x | $727.94 Million |
| Codan Ltd (CDA) | $25.17 Million | 40.85% | 2.22x | $5.20 Billion |
| Dorsavi Ltd (DVL) | $18.49 Million | -8.97% | 0.02x | $31.12 Million |
| HYDRIX Ltd (HYD) | $1.03 Million | -138.47% | 0.34x | $1.74 Million |
| Ikegps Group Ltd (IKE) | $13.24 Million | -66.73% | 0.10x | $134.51 Million |
| Optiscan Imaging Ltd (OIL) | $7.74 Million | -20.30% | 0.09x | $81.27 Million |
| Orexplore Technologies Ltd (OXT) | $20.92 Million | -18.07% | 0.11x | $2.35 Million |
| X2M Connect Ltd (X2M) | $1.56 Million | -657.96% | 4.25x | $4.19 Million |
About Structural Monitoring Systems Plc
Structural Monitoring Systems Plc, together with its subsidiaries, engages in the design, development, and manufacture of avionic products in the Americas, Europe, the United Kingdom, Asia, Middle East, Australasia, and Africa. The company operates through the AEM Avionics, AEM Contract Manufacturing, AEM Comparative Vacuum Monitoring (CVM), and Other segments. It offers aircraft communication sy… Read more