Steamships Trading Company Ltd (SST) - Net Assets

Latest as of December 2025: AU$1.13 Billion AUD ≈ $802.67 Million USD

Based on the latest financial reports, Steamships Trading Company Ltd (SST) has net assets worth AU$1.13 Billion AUD (≈ $802.67 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$1.92 Billion ≈ $1.36 Billion USD) and total liabilities (AU$785.45 Million ≈ $555.76 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 Steamships Trading Company Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$1.13 Billion
% of Total Assets 59.09%
Annual Growth Rate 6.95%
5-Year Change 11.12%
10-Year Change 28.64%
Growth Volatility 16.26

Steamships Trading Company Ltd - Net Assets Trend (1988–2025)

This chart illustrates how Steamships Trading Company Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Steamships Trading Company Ltd for the complete picture of this company's asset base.

Annual Net Assets for Steamships Trading Company Ltd (1988–2025)

The table below shows the annual net assets of Steamships Trading Company Ltd from 1988 to 2025. For live valuation and market cap data, see SST stock market capitalisation.

Year Net Assets Change
2025-12-31 AU$1.13 Billion
≈ $802.67 Million		 +4.56%
2024-12-31 AU$1.08 Billion
≈ $767.65 Million		 +1.43%
2023-12-31 AU$1.07 Billion
≈ $756.83 Million		 +2.45%
2022-12-31 AU$1.04 Billion
≈ $738.75 Million		 +2.27%
2021-12-31 AU$1.02 Billion
≈ $722.37 Million		 +5.92%
2020-12-31 AU$963.83 Million
≈ $681.97 Million		 +6.76%
2019-12-31 AU$902.79 Million
≈ $638.78 Million		 -3.96%
2018-12-31 AU$940.03 Million
≈ $665.13 Million		 +7.05%
2017-12-31 AU$878.15 Million
≈ $621.35 Million		 -0.42%
2016-12-31 AU$881.84 Million
≈ $623.96 Million		 +5.41%
2015-12-31 AU$836.60 Million
≈ $591.95 Million		 +9.11%
2014-12-31 AU$766.74 Million
≈ $542.52 Million		 +3.62%
2013-12-31 AU$739.92 Million
≈ $523.54 Million		 -2.83%
2012-12-31 AU$761.50 Million
≈ $538.81 Million		 +16.45%
2011-12-31 AU$653.91 Million
≈ $462.69 Million		 +27.63%
2010-12-31 AU$512.35 Million
≈ $362.52 Million		 +21.43%
2009-12-31 AU$421.94 Million
≈ $298.55 Million		 +22.25%
2008-12-31 AU$345.13 Million
≈ $244.20 Million		 +18.15%
2007-12-31 AU$292.11 Million
≈ $206.69 Million		 +14.95%
2006-12-31 AU$254.13 Million
≈ $179.81 Million		 +10.29%
2005-12-31 AU$230.42 Million
≈ $163.03 Million		 +19.52%
2004-12-31 AU$192.79 Million
≈ $136.41 Million		 +6.02%
2003-12-31 AU$181.84 Million
≈ $128.67 Million		 +3.33%
2002-12-31 AU$175.98 Million
≈ $124.51 Million		 +0.58%
2001-12-31 AU$174.97 Million
≈ $123.80 Million		 -1.19%
2000-12-31 AU$177.07 Million
≈ $125.29 Million		 +2.26%
1999-12-31 AU$173.17 Million
≈ $122.53 Million		 +66.52%
1998-12-31 AU$103.99 Million
≈ $73.58 Million		 -9.75%
1997-12-31 AU$115.23 Million
≈ $81.53 Million		 +2.15%
1996-12-31 AU$112.81 Million
≈ $79.82 Million		 -0.74%
1995-12-31 AU$113.65 Million
≈ $80.41 Million		 +0.29%
1994-12-31 AU$113.31 Million
≈ $80.18 Million		 -19.91%
1993-12-31 AU$141.48 Million
≈ $100.10 Million		 +8.69%
1992-12-31 AU$130.17 Million
≈ $92.10 Million		 +56.57%
1989-12-31 AU$83.14 Million
≈ $58.83 Million		 -11.99%
1988-12-31 AU$94.47 Million
≈ $66.84 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Steamships Trading Company 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 grown by 2071.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings AU$1.09 Billion 97.83%
Common Stock AU$24.22 Million 2.17%
Other Components AU$1.00 0.00%
Total Equity AU$1.11 Billion 100.00%

Steamships Trading Company Ltd Competitors by Market Cap

The table below lists competitors of Steamships Trading Company Ltd ranked by their market capitalization.

Company Market Cap
Lotte Data Communication Company
KO:286940
 $234.79 Million
Servotech Power Systems Limited
NSE:SERVOTECH
 $234.89 Million
Hold-Key Electric Wire & Cable Co Ltd
TW:1618
 $234.94 Million
Perma-Fix Environmental Svcs Inc
NASDAQ:PESI
 $234.99 Million
Pruksa Holding Public Company Limited
BK:PSH
 $234.71 Million
Luca Mining Corp.
V:LUCA
 $234.65 Million
Divgi Torqtransfer Systems Limited
NSE:DIVGIITTS
 $234.46 Million
CN YUH.ED.CORP. HD-00001
F:2YU
 $234.46 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Steamships Trading Company Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,067,425,000 to 1,113,857,244, a change of 46,432,244 (4.3%).
  • Net income of 71,628,109 contributed positively to equity growth.
  • Dividend payments of 23,184,606 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$71.63 Million +6.43%
Dividends Paid AU$23.18 Million -2.08%
Other Changes AU$-2.01 Million -0.18%
Total Change AU$- 4.35%

Book Value vs Market Value Analysis

This analysis compares Steamships Trading Company 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: 0.30x
  • 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 3.45x to 0.30x 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$3.10 AU$10.70 x
1989-12-31 AU$2.70 AU$10.70 x
1992-12-31 AU$3.97 AU$10.70 x
1993-12-31 AU$4.71 AU$10.70 x
1994-12-31 AU$3.77 AU$10.70 x
1995-12-31 AU$4.12 AU$10.70 x
1996-12-31 AU$3.45 AU$10.70 x
1997-12-31 AU$3.55 AU$10.70 x
1998-12-31 AU$3.13 AU$10.70 x
1999-12-31 AU$5.30 AU$10.70 x
2000-12-31 AU$4.53 AU$10.70 x
2001-12-31 AU$5.46 AU$10.70 x
2002-12-31 AU$5.54 AU$10.70 x
2003-12-31 AU$5.72 AU$10.70 x
2004-12-31 AU$6.01 AU$10.70 x
2005-12-31 AU$7.11 AU$10.70 x
2006-12-31 AU$7.84 AU$10.70 x
2007-12-31 AU$8.98 AU$10.70 x
2008-12-31 AU$10.54 AU$10.70 x
2009-12-31 AU$12.19 AU$10.70 x
2010-12-31 AU$14.59 AU$10.70 x
2011-12-31 AU$18.66 AU$10.70 x
2012-12-31 AU$21.84 AU$10.70 x
2013-12-31 AU$23.12 AU$10.70 x
2014-12-31 AU$23.73 AU$10.70 x
2015-12-31 AU$25.45 AU$10.70 x
2016-12-31 AU$26.86 AU$10.70 x
2017-12-31 AU$29.99 AU$10.70 x
2018-12-31 AU$29.68 AU$10.70 x
2019-12-31 AU$28.54 AU$10.70 x
2020-12-31 AU$30.54 AU$10.70 x
2021-12-31 AU$32.40 AU$10.70 x
2022-12-31 AU$33.12 AU$10.70 x
2023-12-31 AU$33.95 AU$10.70 x
2024-12-31 AU$34.42 AU$10.70 x
2025-12-31 AU$35.93 AU$10.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Steamships Trading Company 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): 6.43%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.40%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 1.72x
  • Recent ROE (6.43%) is below the historical average (8.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1988 -1.29% 0.00% 0.00x 1.97x AU$-10.29 Million
1989 -2.77% 0.00% 0.00x 2.14x AU$-10.13 Million
1992 -1.45% 0.00% 0.00x 1.82x AU$-14.10 Million
1993 -1.24% 0.00% 0.00x 1.81x AU$-15.16 Million
1994 -1.18% 0.00% 0.00x 1.80x AU$-12.00 Million
1995 -0.29% 0.00% 0.00x 1.70x AU$-11.05 Million
1996 -2.69% 0.00% 0.00x 1.75x AU$-13.56 Million
1997 -1.60% 0.00% 0.00x 1.83x AU$-12.77 Million
1998 2.89% 0.00% 0.00x 2.00x AU$-6.90 Million
1999 -2.03% 0.00% 0.00x 2.01x AU$-19.70 Million
2000 6.67% 3.42% 1.01x 1.93x AU$-5.66 Million
2001 -1.02% -0.54% 1.03x 1.84x AU$-18.61 Million
2002 0.19% 0.08% 1.18x 1.87x AU$-16.87 Million
2003 -1.35% -0.68% 1.14x 1.75x AU$-20.12 Million
2004 -1.63% -2.25% 0.47x 1.56x AU$-21.67 Million
2005 18.25% 10.87% 1.12x 1.50x AU$18.17 Million
2006 19.54% 14.12% 0.94x 1.48x AU$23.18 Million
2007 26.63% 18.23% 0.94x 1.55x AU$46.31 Million
2008 27.61% 19.37% 0.84x 1.69x AU$57.55 Million
2009 25.54% 19.47% 0.54x 2.41x AU$58.75 Million
2010 25.74% 15.02% 0.69x 2.47x AU$71.21 Million
2011 27.35% 17.20% 0.72x 2.22x AU$100.41 Million
2012 26.24% 18.02% 0.66x 2.20x AU$109.98 Million
2013 16.32% 12.57% 0.59x 2.18x AU$45.35 Million
2014 12.05% 9.41% 0.58x 2.21x AU$15.06 Million
2015 12.54% 12.80% 0.48x 2.06x AU$20.07 Million
2016 10.11% 11.49% 0.48x 1.84x AU$909.40K
2017 4.93% 5.88% 0.48x 1.75x AU$-42.68 Million
2018 6.92% 11.36% 0.37x 1.64x AU$-28.33 Million
2019 5.65% 8.54% 0.40x 1.64x AU$-38.51 Million
2020 8.33% 15.61% 0.34x 1.57x AU$-15.83 Million
2021 9.01% 16.06% 0.37x 1.51x AU$-9.92 Million
2022 5.65% 9.19% 0.42x 1.48x AU$-44.72 Million
2023 5.52% 8.85% 0.39x 1.62x AU$-47.12 Million
2024 4.29% 6.28% 0.41x 1.65x AU$-60.90 Million
2025 6.43% 8.40% 0.44x 1.72x AU$-39.76 Million

Industry Comparison

This section compares Steamships Trading Company Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

  • Industry: Integrated Freight & Logistics
  • Average net assets among peers: $542,144,988
  • Average return on equity (ROE) among peers: 7.63%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Steamships Trading Company Ltd (SST) AU$1.13 Billion -1.29% 0.69x $234.76 Million
Cti Logistics Ltd (CLX) $62.16 Million 9.54% 1.60x $97.66 Million
Dalrymple Bay Infrastructure Ltd (DBI) $1.04 Billion 2.82% 2.42x $1.92 Billion
K & S Corporation Ltd (KSC) $136.06 Million 12.53% 1.07x $400.34 Million
Orcoda Ltd (ODA) $11.99 Million -1.19% 0.08x $6.37 Million
PRL Global Ltd (PRG) $234.30 Million 10.79% 1.00x $144.53 Million
QUBE Holdings Ltd (QUB) $2.81 Billion 6.99% 0.69x $6.28 Billion
Silk Logistics Holdings Ltd (SLH) $42.84 Million 19.58% 5.82x $123.48 Million
Wiseway Group Ltd (WWG) $-348.23K 0.00% 0.00x $35.33 Million

About Steamships Trading Company Ltd

AU:SST Australia Integrated Freight & Logistics
Market Cap
$234.76 Million
AU$331.79 Million AUD
Market Cap Rank
#15947 Global
#444 in Australia
Share Price
AU$10.70
Change (1 day)
+0.00%
52-Week Range
AU$9.92 - AU$15.00
All Time High
AU$18.43
Categories
Companies in Australia Integrated Freight & Logistics
About

Steamships Trading Company Limited engages in the shipping, transport, property, and hospitality operation businesses in Papua New Guinea. It operates through three segments: Property and Hospitality, Logistics, and Commercial and Investment. The company offers scheduled services to manufacturers, wholesalers, and liner carriers; depot services comprising equipment hire, warehousing, and bonded o… Read more