Sparc Technologies Ltd (SPN) - Net Assets
Based on the latest financial reports, Sparc Technologies Ltd (SPN) has net assets worth AU$4.20 Million AUD (≈ $2.97 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$5.33 Million ≈ $3.77 Million USD) and total liabilities (AU$1.13 Million ≈ $800.79K 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 SPN asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$4.20 Million |
| % of Total Assets | 78.78% |
| Annual Growth Rate | 2.87% |
| 5-Year Change | 23.96% |
| 10-Year Change | 113.94% |
| Growth Volatility | 981.15 |
Sparc Technologies Ltd - Net Assets Trend (1988–2024)
This chart illustrates how Sparc Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SPN total asset value for the complete picture of this company's asset base.
Annual Net Assets for Sparc Technologies Ltd (1988–2024)
The table below shows the annual net assets of Sparc Technologies Ltd from 1988 to 2024. For live valuation and market cap data, see Sparc Technologies Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$4.20 Million ≈ $2.97 Million |
+43.27% |
| 2023-12-31 | AU$2.93 Million ≈ $2.08 Million |
-16.34% |
| 2022-12-31 | AU$3.51 Million ≈ $2.48 Million |
-3.82% |
| 2021-12-31 | AU$3.65 Million ≈ $2.58 Million |
+7.52% |
| 2020-12-31 | AU$3.39 Million ≈ $2.40 Million |
+53.04% |
| 2019-12-31 | AU$2.22 Million ≈ $1.57 Million |
-19.78% |
| 2018-12-31 | AU$2.76 Million ≈ $1.95 Million |
+344.51% |
| 2017-12-31 | AU$621.22K ≈ $439.55K |
-59.98% |
| 2016-12-31 | AU$1.55 Million ≈ $1.10 Million |
-20.98% |
| 2015-12-31 | AU$1.96 Million ≈ $1.39 Million |
-83.41% |
| 2014-12-31 | AU$11.84 Million ≈ $8.37 Million |
-0.69% |
| 2013-12-31 | AU$11.92 Million ≈ $8.43 Million |
-33.81% |
| 2012-12-31 | AU$18.01 Million ≈ $12.74 Million |
-1.96% |
| 2011-12-31 | AU$18.37 Million ≈ $12.99 Million |
+66.29% |
| 2010-12-31 | AU$11.04 Million ≈ $7.81 Million |
+250.19% |
| 2009-12-31 | AU$3.15 Million ≈ $2.23 Million |
+852.45% |
| 2008-12-31 | AU$-419.14K ≈ $-296.57K |
-102.55% |
| 2007-12-31 | AU$16.43 Million ≈ $11.63 Million |
-28.30% |
| 2006-12-31 | AU$22.92 Million ≈ $16.22 Million |
+38.80% |
| 2005-12-31 | AU$16.51 Million ≈ $11.68 Million |
+119.47% |
| 2004-12-31 | AU$7.52 Million ≈ $5.32 Million |
+8.07% |
| 2003-12-31 | AU$6.96 Million ≈ $4.93 Million |
+169.73% |
| 2002-12-31 | AU$2.58 Million ≈ $1.83 Million |
-67.14% |
| 2001-12-31 | AU$7.85 Million ≈ $5.56 Million |
-2.16% |
| 2000-12-31 | AU$8.03 Million ≈ $5.68 Million |
+152.86% |
| 1999-12-31 | AU$3.17 Million ≈ $2.25 Million |
+163.67% |
| 1998-12-31 | AU$1.20 Million ≈ $851.98K |
+5533.26% |
| 1997-12-31 | AU$21.38K ≈ $15.12K |
+124.64% |
| 1996-12-31 | AU$-86.73K ≈ $-61.37K |
-107.18% |
| 1995-12-31 | AU$1.21 Million ≈ $854.43K |
+246.01% |
| 1994-12-31 | AU$349.00K ≈ $246.94K |
+420.18% |
| 1993-12-31 | AU$-109.00K ≈ $-77.12K |
-270.31% |
| 1992-12-31 | AU$64.00K ≈ $45.28K |
+476.47% |
| 1991-12-31 | AU$-17.00K ≈ $-12.03K |
+98.34% |
| 1990-12-31 | AU$-1.03 Million ≈ $-725.96K |
-155.13% |
| 1989-12-31 | AU$1.86 Million ≈ $1.32 Million |
+22.76% |
| 1988-12-31 | AU$1.52 Million ≈ $1.07 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sparc Technologies 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 2792093600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$26.24 Million | 624.53% |
| Other Comprehensive Income | AU$8.94 Million | 212.76% |
| Total Equity | AU$4.20 Million | 100.00% |
Sparc Technologies Ltd Competitors by Market Cap
The table below lists competitors of Sparc Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cogra 48 Société Anonyme
PA:ALCOG
|
$25.41 Million |
|
ENPlus Co Ltd
KO:074610
|
$25.41 Million |
|
Lung Ming Green Energy Technology Engineering Co Ltd
TW:3018
|
$25.41 Million |
|
Lodzia
TA:LODZ
|
$25.41 Million |
|
Heavy Minerals Ltd
AU:HVY
|
$25.41 Million |
|
Nine Energy Service Inc
NYSE:NINE
|
$25.40 Million |
|
Protasco Bhd
KLSE:5070
|
$25.40 Million |
|
TeraGo Inc.
TO:TGO
|
$25.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparc Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,933,036 to 4,202,270, a change of 1,269,234 (43.3%).
- Net loss of 2,276,659 reduced equity.
- Share repurchases of 97,920 reduced equity.
- New share issuances of 3,166,224 increased equity.
- Other comprehensive income decreased equity by 1,055,501.
- Other factors increased equity by 1,533,090.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.28 Million | -54.18% |
| Share Repurchases | AU$97.92K | -2.33% |
| Share Issuances | AU$3.17 Million | +75.35% |
| Other Comprehensive Income | AU$-1.06 Million | -25.12% |
| Other Changes | AU$1.53 Million | +36.48% |
| Total Change | AU$- | 43.27% |
Book Value vs Market Value Analysis
This analysis compares Sparc Technologies 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: 9.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1046.43x to 9.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | AU$0.00 | AU$0.39 | x |
| 1989-12-31 | AU$0.00 | AU$0.39 | x |
| 1990-12-31 | AU$0.00 | AU$0.39 | x |
| 1991-12-31 | AU$0.00 | AU$0.39 | x |
| 1992-12-31 | AU$0.00 | AU$0.39 | x |
| 1993-12-31 | AU$0.00 | AU$0.39 | x |
| 1994-12-31 | AU$0.00 | AU$0.39 | x |
| 1995-12-31 | AU$0.01 | AU$0.39 | x |
| 1996-12-31 | AU$0.00 | AU$0.39 | x |
| 1997-12-31 | AU$0.00 | AU$0.39 | x |
| 1998-12-31 | AU$0.18 | AU$0.39 | x |
| 1999-12-31 | AU$0.18 | AU$0.39 | x |
| 2000-12-31 | AU$0.17 | AU$0.39 | x |
| 2001-12-31 | AU$0.11 | AU$0.39 | x |
| 2002-12-31 | AU$0.03 | AU$0.39 | x |
| 2003-12-31 | AU$0.06 | AU$0.39 | x |
| 2004-12-31 | AU$0.05 | AU$0.39 | x |
| 2005-12-31 | AU$0.10 | AU$0.39 | x |
| 2006-12-31 | AU$0.14 | AU$0.39 | x |
| 2007-12-31 | AU$0.10 | AU$0.39 | x |
| 2008-12-31 | AU$0.00 | AU$0.39 | x |
| 2009-12-31 | AU$0.01 | AU$0.39 | x |
| 2010-12-31 | AU$0.02 | AU$0.39 | x |
| 2011-12-31 | AU$0.02 | AU$0.39 | x |
| 2012-12-31 | AU$0.02 | AU$0.39 | x |
| 2013-12-31 | AU$0.01 | AU$0.39 | x |
| 2014-12-31 | AU$0.01 | AU$0.39 | x |
| 2015-12-31 | AU$0.00 | AU$0.39 | x |
| 2016-12-31 | AU$0.00 | AU$0.39 | x |
| 2017-12-31 | AU$0.00 | AU$0.39 | x |
| 2018-12-31 | AU$0.16 | AU$0.39 | x |
| 2019-12-31 | AU$18.61 | AU$0.39 | x |
| 2020-12-31 | AU$0.06 | AU$0.39 | x |
| 2021-12-31 | AU$0.05 | AU$0.39 | x |
| 2022-12-31 | AU$0.04 | AU$0.39 | x |
| 2023-12-31 | AU$0.03 | AU$0.39 | x |
| 2024-12-31 | AU$0.04 | AU$0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparc Technologies Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -54.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -105.75%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.27x
- Recent ROE (-54.18%) is above the historical average (-298.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | -109.04% | 0.00% | 0.00x | 1.59x | AU$-1.80 Million |
| 1989 | -162.60% | 0.00% | 0.00x | 1.20x | AU$-3.21 Million |
| 1990 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-5.24 Million |
| 1991 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-585.30K |
| 1992 | -779.69% | 0.00% | 0.00x | 6.86x | AU$-505.40K |
| 1993 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-2.08 Million |
| 1994 | -627.79% | 0.00% | 0.00x | 1.71x | AU$-2.23 Million |
| 1995 | -59.99% | 0.00% | 0.00x | 1.19x | AU$-845.14K |
| 1996 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-1.63 Million |
| 1997 | -9048.11% | 0.00% | 0.00x | 5.70x | AU$-1.94 Million |
| 1998 | 1674.88% | 0.00% | 0.00x | 1.61x | AU$20.05 Million |
| 1999 | 21.98% | 0.00% | 0.00x | 1.46x | AU$513.25K |
| 2000 | -20.97% | -60.97% | 0.26x | 1.31x | AU$-2.49 Million |
| 2001 | -32.96% | -362.45% | 0.09x | 1.02x | AU$-3.37 Million |
| 2002 | -204.34% | -3145.71% | 0.06x | 1.02x | AU$-5.53 Million |
| 2003 | -0.57% | -38.57% | 0.01x | 1.28x | AU$-731.97K |
| 2004 | -0.73% | -74.70% | 0.01x | 1.10x | AU$-807.51K |
| 2005 | 73.05% | 10041.17% | 0.01x | 1.03x | AU$10.41 Million |
| 2006 | 22.61% | 0.00% | 0.00x | 1.06x | AU$2.89 Million |
| 2007 | -32.35% | -243.15% | 0.12x | 1.11x | AU$-6.96 Million |
| 2008 | 0.00% | -749.12% | 2.51x | 0.00x | AU$-17.34 Million |
| 2009 | 25.76% | 44524.55% | 0.00x | 1.29x | AU$497.19K |
| 2010 | -1.22% | 0.00% | 0.00x | 1.12x | AU$-1.24 Million |
| 2011 | -13.53% | 0.00% | 0.00x | 1.06x | AU$-4.32 Million |
| 2012 | -3.82% | 0.00% | 0.00x | 1.04x | AU$-2.49 Million |
| 2013 | -51.71% | 0.00% | 0.00x | 1.03x | AU$-7.36 Million |
| 2014 | -1.80% | 0.00% | 0.00x | 1.03x | AU$-1.40 Million |
| 2015 | -507.93% | -5750.70% | 0.08x | 1.06x | AU$-10.17 Million |
| 2016 | -159.19% | -1397.14% | 0.10x | 1.18x | AU$-2.63 Million |
| 2017 | -124.31% | -22254.29% | 0.01x | 1.08x | AU$-834.35K |
| 2018 | -17.45% | -1436.96% | 0.01x | 1.02x | AU$-758.09K |
| 2019 | -24.66% | -1829.82% | 0.01x | 1.03x | AU$-767.72K |
| 2020 | -166.18% | -8794.39% | 0.02x | 1.19x | AU$-5.97 Million |
| 2021 | -389.63% | -2349.28% | 0.14x | 1.23x | AU$-14.57 Million |
| 2022 | -128.20% | -474.42% | 0.22x | 1.26x | AU$-4.85 Million |
| 2023 | -145.60% | -300.30% | 0.41x | 1.18x | AU$-4.56 Million |
| 2024 | -54.18% | -105.75% | 0.40x | 1.27x | AU$-2.70 Million |
Industry Comparison
This section compares Sparc Technologies Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $585,522,700
- Average return on equity (ROE) among peers: -24.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sparc Technologies Ltd (SPN) | AU$4.20 Million | -109.04% | 0.27x | $25.41 Million |
| 5E Advanced Materials Inc (5EA) | $35.49 Million | -10.10% | 0.09x | $69.02 Million |
| Anteotech Ltd (ADO) | $2.78 Million | -78.50% | 0.18x | $23.14 Million |
| Alexium International Group Ltd (AJX) | $5.45 Million | -112.40% | 1.15x | $15.49 Million |
| Altech Batteries Ltd (ATC) | $6.34 Million | -19.46% | 0.07x | $32.10 Million |
| Carbonxt Group Ltd (CG1) | $11.12 Million | -40.08% | 1.01x | $24.22 Million |
| CALIX Ltd (CXL) | $104.96 Million | -22.09% | 0.21x | $80.89 Million |
| DGL Group Ltd (DGL) | $363.08 Million | 5.77% | 0.71x | $76.69 Million |
| Dyno Nobel Ltd (DNL) | $5.37 Billion | 2.78% | 0.75x | $4.16 Billion |
| DOTZ Nano Ltd (DTZ) | $-43.33 Million | 0.00% | 0.00x | $14.71 Million |
| Foresta Group Holdings Ltd (FGH) | $748.16K | 30.87% | 0.60x | $42.47 Million |
About Sparc Technologies Ltd
Sparc Technologies Limited develops technologies in graphene additive materials and photocatalytic green hydrogen in Australia. It engages in the development of photocatalytic water splitting technology, an alternative method of producing renewable green hydrogen without electricity; Ecosparc, a graphene-based additive; and Biosparc, a graphene-enhanced polymer technology. The company was incorpo… Read more