Suncorp Group Ltd (SUNPH) - Net Assets

Latest as of June 2025: AU$10.63 Billion AUD ≈ $7.52 Billion USD

Based on the latest financial reports, Suncorp Group Ltd (SUNPH) has net assets worth AU$10.63 Billion AUD (≈ $7.52 Billion 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$30.16 Billion ≈ $21.34 Billion USD) and total liabilities (AU$19.54 Billion ≈ $13.82 Billion 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 Suncorp Group Ltd (SUNPH) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$10.63 Billion
% of Total Assets 35.23%
Annual Growth Rate -2.67%
5-Year Change -20.98%
10-Year Change N/A
Growth Volatility 8.44

Suncorp Group Ltd - Net Assets Trend (2015–2024)

This chart illustrates how Suncorp Group Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Suncorp Group Ltd to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Suncorp Group Ltd (2015–2024)

The table below shows the annual net assets of Suncorp Group Ltd from 2015 to 2024. For live valuation and market cap data, see Suncorp Group Ltd market capitalisation.

Year Net Assets Change
2024-12-31 AU$10.63 Billion
≈ $7.52 Billion		 -23.46%
2023-12-31 AU$13.88 Billion
≈ $9.82 Billion		 +4.02%
2022-12-31 AU$13.35 Billion
≈ $9.44 Billion		 +4.41%
2021-12-31 AU$12.78 Billion
≈ $9.04 Billion		 -4.94%
2020-12-31 AU$13.45 Billion
≈ $9.52 Billion		 +5.37%
2019-12-31 AU$12.76 Billion
≈ $9.03 Billion		 -2.67%
2018-12-31 AU$13.11 Billion
≈ $9.28 Billion		 -6.09%
2017-12-31 AU$13.96 Billion
≈ $9.88 Billion		 +1.31%
2016-12-31 AU$13.78 Billion
≈ $9.75 Billion		 +1.63%
2015-12-31 AU$13.56 Billion
≈ $9.60 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Suncorp Group 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 131.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings AU$1.93 Billion 18.20%
Other Components AU$8.65 Billion 81.80%
Total Equity AU$10.58 Billion 100.00%

Suncorp Group Ltd Competitors by Market Cap

The table below lists competitors of Suncorp Group Ltd ranked by their market capitalization.

Company Market Cap
Banco Bradesco S.A
F:BREC
 $18.02 Billion
Brambles Ltd
AU:BXB
 $18.03 Billion
JCET Group Co Ltd
SHG:600584
 $18.05 Billion
Vale S.A
BA:VALE
 $18.05 Billion
OMV AG ADR 1
F:OMVI
 $18.00 Billion
Hengli Petrochemical Co Ltd
SHG:600346
 $17.98 Billion
Erste Bank Polska S.A.
WAR:EBP
 $17.97 Billion
Grupo Carso S.A.B. de C.V
MX:GCARSOA1
 $17.96 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 13,844,000,000 to 10,576,000,000, a change of -3,268,000,000 (-23.6%).
  • Net income of 1,823,000,000 contributed positively to equity growth.
  • Dividend payments of 1,362,000,000 reduced retained earnings.
  • Share repurchases of 3,817,000,000 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$1.82 Billion +17.24%
Dividends Paid AU$1.36 Billion -12.88%
Share Repurchases AU$3.82 Billion -36.09%
Other Changes AU$88.00 Million +0.83%
Total Change AU$- -23.61%

Book Value vs Market Value Analysis

This analysis compares Suncorp Group 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: 10.32x
  • 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 9.18x to 10.32x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 AU$10.98 AU$100.83 x
2017-12-31 AU$11.07 AU$100.83 x
2018-12-31 AU$10.40 AU$100.83 x
2019-12-31 AU$9.97 AU$100.83 x
2020-12-31 AU$10.46 AU$100.83 x
2021-12-31 AU$10.10 AU$100.83 x
2022-12-31 AU$10.51 AU$100.83 x
2023-12-31 AU$12.78 AU$100.83 x
2024-12-31 AU$9.77 AU$100.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Suncorp Group 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): 17.24%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.82%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 2.85x
  • Recent ROE (17.24%) is above the historical average (7.91%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 7.65% 0.00% 0.00x 7.06x AU$-318.10 Million
2016 7.80% 8.48% 0.13x 7.05x AU$-303.20 Million
2017 7.58% 8.18% 0.13x 7.11x AU$-337.30 Million
2018 1.33% 1.38% 0.13x 7.34x AU$-1.14 Billion
2019 7.15% 7.63% 0.12x 7.50x AU$-363.30 Million
2020 7.70% 8.60% 0.12x 7.22x AU$-309.40 Million
2021 5.34% 6.09% 0.11x 8.34x AU$-594.30 Million
2022 8.62% 7.84% 0.13x 8.64x AU$-183.40 Million
2023 8.65% 8.98% 0.12x 8.07x AU$-187.40 Million
2024 17.24% 11.82% 0.51x 2.85x AU$765.40 Million

Industry Comparison

This section compares Suncorp Group Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

  • Industry: Insurance - Property & Casualty
  • Average net assets among peers: $4,339,491,000
  • Average return on equity (ROE) among peers: 0.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Suncorp Group Ltd (SUNPH) AU$10.63 Billion 7.65% 1.84x $18.01 Billion
Insurance Australia Group Ltd (IAG) $3.39 Billion -1.83% 2.71x $13.39 Billion
QBE Insurance Group Ltd (QBE) $9.23 Billion 4.23% 3.79x $25.43 Billion
Suncorp Group Ltd (SUN) $403.85 Million -1.98% 16.57x $14.35 Billion

About Suncorp Group Ltd

AU:SUNPH Australia Insurance - Property & Casualty
Market Cap
$90.63 Billion
AU$128.08 Billion AUD
Market Cap Rank
#1417 Global
#26 in Australia
Share Price
AU$100.83
Change (1 day)
+0.00%
52-Week Range
AU$99.85 - AU$102.40
All Time High
AU$103.49
Categories
Companies in Australia Insurance - Property & Casualty
About

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Consumer Insurance; Commercial and Personal Injury; and Suncorp New Zealand segments. The Consumer Insurance segment provides insurance products, including home and contents, motor, and boat insurance products. The Com… Read more