Smart Parking Ltd Net Assets
Smart Parking Ltd net assets. Based on the latest financial reports, Smart Parking Ltd (SPZ) has net assets worth AU$90.81 Million AUD (≈ $64.25 Million USD) 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 ≈ $94.08 Million USD) and total liabilities (AU$42.15 Million ≈ $29.83 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. Also explore net asset growth rate of Smart Parking Ltd to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Smart Parking Ltd (2006–2025)
Net assets of Smart Parking Ltd from 2006 to 2025. This chart illustrates how Smart Parking Ltd's net assets have evolved over time, based on quarterly financial data. See Smart Parking Ltd (SPZ) net asset quality to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see Smart Parking Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$87.77 Million ≈ $62.11 Million |
+214.09% |
| 2024-06-30 | AU$27.94 Million ≈ $19.77 Million |
+17.92% |
| 2023-06-30 | AU$23.70 Million ≈ $16.77 Million |
+35.79% |
| 2022-06-30 | AU$17.45 Million ≈ $12.35 Million |
+1.08% |
| 2021-06-30 | AU$17.27 Million ≈ $12.22 Million |
+33.64% |
| 2020-06-30 | AU$12.92 Million ≈ $9.14 Million |
-41.33% |
| 2019-06-30 | AU$22.02 Million ≈ $15.58 Million |
-8.49% |
| 2018-06-30 | AU$24.07 Million ≈ $17.03 Million |
+7.74% |
| 2017-06-30 | AU$22.34 Million ≈ $15.80 Million |
+74.64% |
| 2016-06-30 | AU$12.79 Million ≈ $9.05 Million |
-14.50% |
| 2015-06-30 | AU$14.96 Million ≈ $10.58 Million |
-22.48% |
| 2014-06-30 | AU$19.30 Million ≈ $13.65 Million |
+44.10% |
| 2013-06-30 | AU$13.39 Million ≈ $9.47 Million |
-32.67% |
| 2012-06-30 | AU$19.89 Million ≈ $14.07 Million |
-10.21% |
| 2011-06-30 | AU$22.15 Million ≈ $15.67 Million |
+268.96% |
| 2010-06-30 | AU$6.00 Million ≈ $4.25 Million |
+31.89% |
| 2009-06-30 | AU$4.55 Million ≈ $3.22 Million |
+63.83% |
| 2008-06-30 | AU$2.78 Million ≈ $1.97 Million |
-55.06% |
| 2007-06-30 | AU$6.18 Million ≈ $4.37 Million |
-52.61% |
| 2006-06-30 | AU$13.04 Million ≈ $9.23 Million |
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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.
Smart Parking Ltd Net Assets Breakdown (June 2025)
Smart Parking Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
Junee Limited Ordinary Shares
NASDAQ:JUNE
|
$226.20 Million |
|
RGC Resources Inc
NASDAQ:RGCO
|
$226.31 Million |
|
Peña Verde S.A.B
MX:PV
|
$226.32 Million |
|
Gaon Group Ltd
TA:GAGR
|
$226.35 Million |
|
Cia de Ferro Ligas da Bahia - FERBASA
SA:FESA3
|
$226.14 Million |
|
Caxton
JSE:CAT
|
$226.02 Million |
|
SIGA Technologies Inc
NASDAQ:SIGA
|
$225.93 Million |
|
Natures Sunshine Products Inc
NASDAQ:NATR
|
$225.93 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: 3.26x
- 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 1.92x to 3.26x 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$0.76 | x |
| 2007-06-30 | AU$0.20 | AU$0.76 | x |
| 2008-06-30 | AU$0.10 | AU$0.76 | x |
| 2009-06-30 | AU$0.12 | AU$0.76 | x |
| 2010-06-30 | AU$0.09 | AU$0.76 | x |
| 2011-06-30 | AU$0.21 | AU$0.76 | x |
| 2012-06-30 | AU$0.10 | AU$0.76 | x |
| 2013-06-30 | AU$0.06 | AU$0.76 | x |
| 2014-06-30 | AU$0.08 | AU$0.76 | x |
| 2015-06-30 | AU$0.05 | AU$0.76 | x |
| 2016-06-30 | AU$0.04 | AU$0.76 | x |
| 2017-06-30 | AU$0.07 | AU$0.76 | x |
| 2018-06-30 | AU$0.07 | AU$0.76 | x |
| 2019-06-30 | AU$0.06 | AU$0.76 | x |
| 2020-06-30 | AU$0.04 | AU$0.76 | x |
| 2021-06-30 | AU$0.05 | AU$0.76 | x |
| 2022-06-30 | AU$0.05 | AU$0.76 | x |
| 2023-06-30 | AU$0.07 | AU$0.76 | x |
| 2024-06-30 | AU$0.08 | AU$0.76 | x |
| 2025-06-30 | AU$0.23 | AU$0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smart Parking Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.00%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.50x
- Recent ROE (6.17%) is above the historical average (-23.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -111.52% | -1367.04% | 0.07x | 1.10x | AU$-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: $1,699,576,250
- Average return on equity (ROE) among peers: 37.37%
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 | $226.19 Million |
| Atlas Arteria (ALX) | $6.31 Billion | 5.32% | 0.31x | $3.80 Billion |
| Avada Group Ltd (AVD) | $46.46 Million | -12.12% | 1.80x | $4.51 Million |
| Transurban Group (TCL) | $394.79 Million | 0.00% | 1.04x | $31.44 Billion |
| Ventia Services Group Ltd (VNT) | $44.86 Million | 156.26% | 34.46x | $3.37 Billion |
About 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