Smart Parking Ltd
Smart Parking Limited, together with its subsidiaries, engages in the design, development, and management of parking management solutions in New Zealand, Australia, Denmark, Germany, and the United Kingdom. It operates through Parking Management, Technology, and Research and Development segments. The company provides parking management services for cars using automatic number plate recognition (A… Read more
Smart Parking Ltd (SPZ) - Net Assets
Latest net assets as of December 2025: AU$90.81 Million AUD
Based on the latest financial reports, Smart Parking Ltd (SPZ) has net assets worth AU$90.81 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$132.96 Million) and total liabilities (AU$42.15 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$90.81 Million |
| % of Total Assets | 68.3% |
| Annual Growth Rate | 10.55% |
| 5-Year Change | 408.33% |
| 10-Year Change | 586.3% |
| Growth Volatility | 81.68 |
Smart Parking Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Smart Parking 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 Smart Parking Ltd (2006–2025)
The table below shows the annual net assets of Smart Parking Ltd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$87.77 Million | +214.09% |
| 2024-06-30 | AU$27.94 Million | +17.92% |
| 2023-06-30 | AU$23.70 Million | +35.79% |
| 2022-06-30 | AU$17.45 Million | +1.08% |
| 2021-06-30 | AU$17.27 Million | +33.64% |
| 2020-06-30 | AU$12.92 Million | -41.33% |
| 2019-06-30 | AU$22.02 Million | -8.49% |
| 2018-06-30 | AU$24.07 Million | +7.74% |
| 2017-06-30 | AU$22.34 Million | +74.64% |
| 2016-06-30 | AU$12.79 Million | -14.50% |
| 2015-06-30 | AU$14.96 Million | -22.48% |
| 2014-06-30 | AU$19.30 Million | +44.10% |
| 2013-06-30 | AU$13.39 Million | -32.67% |
| 2012-06-30 | AU$19.89 Million | -10.21% |
| 2011-06-30 | AU$22.15 Million | +268.96% |
| 2010-06-30 | AU$6.00 Million | +31.89% |
| 2009-06-30 | AU$4.55 Million | +63.83% |
| 2008-06-30 | AU$2.78 Million | -55.06% |
| 2007-06-30 | AU$6.18 Million | -52.61% |
| 2006-06-30 | AU$13.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smart Parking 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 3795941300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$118.86 Million | 135.41% |
| Other Comprehensive Income | AU$7.29 Million | 8.31% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$87.77 Million | 100.00% |
Smart Parking Ltd Competitors by Market Cap
The table below lists competitors of Smart Parking Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Technocraft Industries (India) Limited
NSE:TIIL
|
$129.29 Million |
|
Digital Imaging Technology INC
KQ:110990
|
$129.31 Million |
|
Cape Industries Ltd
KQ:064820
|
$129.32 Million |
|
HUA YU LIEN Development Co Ltd
TW:1436
|
$129.39 Million |
|
SpareBank 1 Nord-Norge
PINK:SPXXF
|
$129.21 Million |
|
Zhejiang Yaguang Technology Co. Ltd. A
SHG:603282
|
$129.12 Million |
|
Responsive Industries Limited
NSE:RESPONIND
|
$129.11 Million |
|
Shandong Teamgene Technology Co. Ltd. A
SHG:603151
|
$129.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smart Parking Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,944,986 to 87,773,793, a change of 59,828,807 (214.1%).
- Net income of 5,416,444 contributed positively to equity growth.
- Share repurchases of 1,742,395 reduced equity.
- New share issuances of 45,012,349 increased equity.
- Other comprehensive income increased equity by 1,486,792.
- Other factors increased equity by 9,655,617.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$5.42 Million | +6.17% |
| Share Repurchases | AU$1.74 Million | -1.99% |
| Share Issuances | AU$45.01 Million | +51.28% |
| Other Comprehensive Income | AU$1.49 Million | +1.69% |
| Other Changes | AU$9.66 Million | +11.0% |
| Total Change | AU$- | 214.09% |
Book Value vs Market Value Analysis
This analysis compares Smart Parking 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: 4.68x
- 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 increased from 2.75x to 4.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | AU$0.40 | AU$1.09 | x |
| 2007-06-30 | AU$0.20 | AU$1.09 | x |
| 2008-06-30 | AU$0.10 | AU$1.09 | x |
| 2009-06-30 | AU$0.12 | AU$1.09 | x |
| 2010-06-30 | AU$0.09 | AU$1.09 | x |
| 2011-06-30 | AU$0.21 | AU$1.09 | x |
| 2012-06-30 | AU$0.10 | AU$1.09 | x |
| 2013-06-30 | AU$0.06 | AU$1.09 | x |
| 2014-06-30 | AU$0.08 | AU$1.09 | x |
| 2015-06-30 | AU$0.05 | AU$1.09 | x |
| 2016-06-30 | AU$0.04 | AU$1.09 | x |
| 2017-06-30 | AU$0.07 | AU$1.09 | x |
| 2018-06-30 | AU$0.07 | AU$1.09 | x |
| 2019-06-30 | AU$0.06 | AU$1.09 | x |
| 2020-06-30 | AU$0.04 | AU$1.09 | x |
| 2021-06-30 | AU$0.05 | AU$1.09 | x |
| 2022-06-30 | AU$0.05 | AU$1.09 | x |
| 2023-06-30 | AU$0.07 | AU$1.09 | x |
| 2024-06-30 | AU$0.08 | AU$1.09 | x |
| 2025-06-30 | AU$0.23 | AU$1.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smart Parking Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.00%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.50x
- Recent ROE (6.17%) is above the historical average (-23.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -111.52% | -1367.04% | 0.07x | 1.10x | AU$-7.51 Million |
| 2008 | -123.99% | -46.51% | 1.41x | 1.89x | AU$-3.72 Million |
| 2009 | -16.17% | -232.96% | 0.07x | 1.02x | AU$-1.19 Million |
| 2010 | 24.18% | 85.23% | 0.28x | 1.00x | AU$851.23K |
| 2011 | -5.30% | -86.98% | 0.06x | 1.05x | AU$-3.39 Million |
| 2012 | -86.24% | -133.24% | 0.40x | 1.61x | AU$-19.14 Million |
| 2013 | -54.36% | -35.30% | 0.91x | 1.70x | AU$-8.62 Million |
| 2014 | -36.41% | -32.02% | 0.69x | 1.64x | AU$-8.96 Million |
| 2015 | -35.83% | -22.75% | 0.69x | 2.28x | AU$-6.86 Million |
| 2016 | -11.92% | -4.80% | 1.59x | 1.56x | AU$-2.80 Million |
| 2017 | -6.25% | -5.66% | 0.86x | 1.29x | AU$-3.63 Million |
| 2018 | 6.91% | 5.42% | 0.96x | 1.33x | AU$-743.51K |
| 2019 | -11.74% | -9.60% | 0.95x | 1.29x | AU$-4.79 Million |
| 2020 | -56.29% | -33.83% | 0.63x | 2.64x | AU$-8.56 Million |
| 2021 | 30.71% | 23.35% | 0.56x | 2.34x | AU$3.58 Million |
| 2022 | 5.50% | 2.52% | 0.77x | 2.82x | AU$-785.58K |
| 2023 | 26.93% | 14.13% | 0.81x | 2.36x | AU$4.01 Million |
| 2024 | 13.20% | 6.77% | 0.95x | 2.06x | AU$894.16K |
| 2025 | 6.17% | 7.00% | 0.59x | 1.50x | AU$-3.36 Million |
Industry Comparison
This section compares Smart Parking Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $218,479,000
- Average return on equity (ROE) among peers: -6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smart Parking Ltd (SPZ) | AU$90.81 Million | -111.52% | 0.46x | $129.22 Million |
| Avada Group Ltd (AVD) | $46.46 Million | -12.12% | 1.80x | $1.39 Million |
| Ventia Services Group Ltd (VNT) | $390.50 Million | -0.90% | 5.87x | $2.69 Billion |