Soco Corporation Ltd
SOCO Corporation Ltd provides information technology consultancy services in Australia. The company offers Microsoft licensing, express customer relationship management (CRM), and express intranet solutions; new implementations products for SharePoint, Microsoft teams, so:control " document management system, dynamics 365, dynamics 365 marketing, business central, and artificial intelligence; mig… Read more
Soco Corporation Ltd (SOC) - Net Assets
Latest net assets as of June 2025: AU$8.46 Million AUD
Based on the latest financial reports, Soco Corporation Ltd (SOC) has net assets worth AU$8.46 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$14.42 Million) and total liabilities (AU$5.96 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$8.46 Million |
| % of Total Assets | 58.66% |
| Annual Growth Rate | 48.39% |
| 5-Year Change | 322.7% |
| 10-Year Change | N/A |
| Growth Volatility | 64179.37 |
Soco Corporation Ltd - Net Assets Trend (2020–2025)
This chart illustrates how Soco Corporation 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 Soco Corporation Ltd (2020–2025)
The table below shows the annual net assets of Soco Corporation Ltd from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$8.46 Million | +1.37% |
| 2024-06-30 | AU$8.35 Million | +28.60% |
| 2023-06-30 | AU$6.49 Million | +160448.44% |
| 2022-06-30 | AU$4.04K | -99.80% |
| 2021-06-30 | AU$2.00 Million | +70.17% |
| 2020-06-30 | AU$1.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Soco Corporation 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 104.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$8.29 Million | 98.02% |
| Other Comprehensive Income | AU$217.56K | 2.57% |
| Total Equity | AU$8.46 Million | 100.00% |
Soco Corporation Ltd Competitors by Market Cap
The table below lists competitors of Soco Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
A.S.T. GROUPE INH.EO 036
F:9NA
|
$1.94 Million |
|
Lien Hoe Corporation Bhd
KLSE:3573
|
$1.94 Million |
|
Techfast Holdings Bhd
KLSE:0084
|
$1.95 Million |
|
Applied Development Holdings Limited
PINK:ADHLF
|
$1.95 Million |
|
TechnoDex Bhd
KLSE:0132
|
$1.94 Million |
|
Kings Entertainment Group Inc.
PINK:KENGF
|
$1.94 Million |
|
VIMAB Group AB
ST:VIMAB
|
$1.94 Million |
|
Rightscorp Inc
PINK:RIHT
|
$1.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Soco Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,345,124 to 8,459,303, a change of 114,179 (1.4%).
- Net income of 68,275 contributed positively to equity growth.
- Other comprehensive income decreased equity by 176,828.
- Other factors increased equity by 222,732.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$68.28K | +0.81% |
| Other Comprehensive Income | AU$-176.83K | -2.09% |
| Other Changes | AU$222.73K | +2.63% |
| Total Change | AU$- | 1.37% |
Book Value vs Market Value Analysis
This analysis compares Soco Corporation 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: 0.91x
- 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 5.80x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | AU$0.01 | AU$0.05 | x |
| 2021-06-30 | AU$0.07 | AU$0.05 | x |
| 2022-06-30 | AU$0.00 | AU$0.05 | x |
| 2023-06-30 | AU$0.06 | AU$0.05 | x |
| 2024-06-30 | AU$0.06 | AU$0.05 | x |
| 2025-06-30 | AU$0.06 | AU$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Soco Corporation 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): 0.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.32%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 1.70x
- Recent ROE (0.81%) is below the historical average (7453.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 103.14% | 23.36% | 2.02x | 2.19x | AU$1.10 Million |
| 2021 | 63.32% | 16.13% | 1.99x | 1.98x | AU$1.07 Million |
| 2022 | 44533.92% | 13.40% | 2117.77x | 1.57x | AU$1.80 Million |
| 2023 | 22.84% | 7.53% | 2.11x | 1.44x | AU$833.29K |
| 2024 | -5.83% | -2.36% | 1.35x | 1.82x | AU$-1.32 Million |
| 2025 | 0.81% | 0.32% | 1.48x | 1.70x | AU$-777.66K |
Industry Comparison
This section compares Soco Corporation Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $66,511,336
- Average return on equity (ROE) among peers: -6.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Soco Corporation Ltd (SOC) | AU$8.46 Million | 103.14% | 0.70x | $1.94 Million |
| 5G Networks Ltd (5GN) | $5.70 Million | 188.29% | 0.17x | $4.10 Million |
| Adneo Ltd (AD1) | $5.63 Million | -61.37% | 0.42x | $3.91 Million |
| Adisyn Ltd (AI1) | $5.46 Million | -3.83% | 0.53x | $14.95 Million |
| Appen Ltd (APX) | $484.27 Million | 8.02% | 0.24x | $234.95 Million |
| Asset Vision Co Ltd (ASV) | $80.98 Million | -12.54% | 0.55x | $7.70 Million |
| Atturra Ltd (ATA) | $7.32 Million | 0.00% | 0.36x | $41.91 Million |
| Activeport Group Ltd (ATV) | $28.08 Million | -23.77% | 0.41x | $3.82 Million |
| Change Financial Ltd (CCA) | $3.34 Million | -112.70% | 2.09x | $18.92 Million |
| Comms Group Ltd (CCG) | $27.98 Million | 2.03% | 0.35x | $9.04 Million |
| Credit Clear Ltd (CCR) | $16.35 Million | -49.05% | 0.37x | $36.24 Million |