Southern Cross Electrical Engineering Ltd (SXE) - Net Assets
Based on the latest financial reports, Southern Cross Electrical Engineering Ltd (SXE) has net assets worth AU$179.96 Million AUD (≈ $127.33 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$377.57 Million ≈ $267.16 Million USD) and total liabilities (AU$197.61 Million ≈ $139.82 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 Southern Cross Electrical Engineering Lt asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$179.96 Million |
| % of Total Assets | 47.66% |
| Annual Growth Rate | 16.85% |
| 5-Year Change | 19.53% |
| 10-Year Change | 133.36% |
| Growth Volatility | 38.86 |
Southern Cross Electrical Engineering Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Southern Cross Electrical Engineering Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Southern Cross Electrical Engineering Lt (SXE) total assets for the complete picture of this company's asset base.
Annual Net Assets for Southern Cross Electrical Engineering Ltd (2007–2025)
The table below shows the annual net assets of Southern Cross Electrical Engineering Ltd from 2007 to 2025. For live valuation and market cap data, see SXE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$204.61 Million ≈ $144.77 Million |
+7.03% |
| 2024-06-30 | AU$191.16 Million ≈ $135.26 Million |
+4.98% |
| 2023-06-30 | AU$182.10 Million ≈ $128.85 Million |
+4.48% |
| 2022-06-30 | AU$174.29 Million ≈ $123.32 Million |
+1.82% |
| 2021-06-30 | AU$171.17 Million ≈ $121.12 Million |
+8.08% |
| 2020-06-30 | AU$158.37 Million ≈ $112.06 Million |
+7.22% |
| 2019-06-30 | AU$147.71 Million ≈ $104.51 Million |
+4.68% |
| 2018-06-30 | AU$141.11 Million ≈ $99.84 Million |
+41.46% |
| 2017-06-30 | AU$99.76 Million ≈ $70.58 Million |
+13.77% |
| 2016-06-30 | AU$87.68 Million ≈ $62.04 Million |
-1.15% |
| 2015-06-30 | AU$88.70 Million ≈ $62.76 Million |
-14.92% |
| 2014-06-30 | AU$104.25 Million ≈ $73.77 Million |
+2.90% |
| 2013-06-30 | AU$101.32 Million ≈ $71.69 Million |
+16.63% |
| 2012-06-30 | AU$86.87 Million ≈ $61.46 Million |
+19.54% |
| 2011-06-30 | AU$72.67 Million ≈ $51.42 Million |
+53.24% |
| 2010-06-30 | AU$47.42 Million ≈ $33.55 Million |
+14.99% |
| 2009-06-30 | AU$41.24 Million ≈ $29.18 Million |
+23.83% |
| 2008-06-30 | AU$33.30 Million ≈ $23.56 Million |
+168.57% |
| 2007-06-30 | AU$12.40 Million ≈ $8.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Southern Cross Electrical Engineering 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 654.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$85.28 Million | 41.68% |
| Common Stock | AU$118.96 Million | 58.14% |
| Other Comprehensive Income | AU$371.00K | 0.18% |
| Total Equity | AU$204.61 Million | 100.00% |
Southern Cross Electrical Engineering Ltd Competitors by Market Cap
The table below lists competitors of Southern Cross Electrical Engineering Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NICE Information Service Co. Ltd
KQ:030190
|
$709.61 Million |
|
Levinstein Eng
TA:LEVI
|
$709.64 Million |
|
Jiangsu United Water Technology Co. Ltd. Cl A
SHG:603291
|
$709.72 Million |
|
Zhejiang Hengwei Battery Co. Ltd.
SHE:301222
|
$709.81 Million |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
$709.37 Million |
|
Suzhou Medsys Tech Co Ltd
SHG:603990
|
$709.03 Million |
|
Studio Dragon Corporation
KQ:253450
|
$708.88 Million |
|
Lsb Industries Inc
NYSE:LXU
|
$708.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Cross Electrical Engineering Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 191,161,000 to 204,609,000, a change of 13,448,000 (7.0%).
- Net income of 31,670,000 contributed positively to equity growth.
- Dividend payments of 19,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 178,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$31.67 Million | +15.48% |
| Dividends Paid | AU$19.10 Million | -9.33% |
| Other Comprehensive Income | AU$178.00K | +0.09% |
| Other Changes | AU$700.00K | +0.34% |
| Total Change | AU$- | 7.03% |
Book Value vs Market Value Analysis
This analysis compares Southern Cross Electrical Engineering 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: 4.90x
- 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 23.49x to 4.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$0.16 | AU$3.77 | x |
| 2009-06-30 | AU$0.20 | AU$3.77 | x |
| 2010-06-30 | AU$0.23 | AU$3.77 | x |
| 2011-06-30 | AU$0.35 | AU$3.77 | x |
| 2012-06-30 | AU$0.42 | AU$3.77 | x |
| 2013-06-30 | AU$0.49 | AU$3.77 | x |
| 2014-06-30 | AU$0.50 | AU$3.77 | x |
| 2015-06-30 | AU$0.55 | AU$3.77 | x |
| 2016-06-30 | AU$0.55 | AU$3.77 | x |
| 2017-06-30 | AU$0.48 | AU$3.77 | x |
| 2018-06-30 | AU$0.67 | AU$3.77 | x |
| 2019-06-30 | AU$0.63 | AU$3.77 | x |
| 2020-06-30 | AU$0.65 | AU$3.77 | x |
| 2021-06-30 | AU$0.66 | AU$3.77 | x |
| 2022-06-30 | AU$0.69 | AU$3.77 | x |
| 2023-06-30 | AU$0.69 | AU$3.77 | x |
| 2024-06-30 | AU$0.72 | AU$3.77 | x |
| 2025-06-30 | AU$0.77 | AU$3.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Cross Electrical Engineering 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): 15.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.95%
- • Asset Turnover: 1.90x
- • Equity Multiplier: 2.06x
- Recent ROE (15.48%) is above the historical average (14.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 83.61% | 12.58% | 2.99x | 2.22x | AU$8.98 Million |
| 2008 | 33.97% | 13.44% | 1.77x | 1.43x | AU$7.98 Million |
| 2009 | 37.50% | 15.41% | 1.95x | 1.25x | AU$11.34 Million |
| 2010 | 18.29% | 8.91% | 1.45x | 1.42x | AU$3.93 Million |
| 2011 | -2.27% | -1.62% | 1.18x | 1.19x | AU$-8.92 Million |
| 2012 | 15.78% | 6.23% | 1.74x | 1.46x | AU$5.02 Million |
| 2013 | 17.12% | 6.24% | 1.76x | 1.56x | AU$7.21 Million |
| 2014 | 7.41% | 3.54% | 1.49x | 1.41x | AU$-2.70 Million |
| 2015 | -11.05% | -4.11% | 1.93x | 1.39x | AU$-18.67 Million |
| 2016 | 5.76% | 2.43% | 1.71x | 1.39x | AU$-3.72 Million |
| 2017 | -0.37% | -0.18% | 1.01x | 1.99x | AU$-10.34 Million |
| 2018 | 5.96% | 2.42% | 1.51x | 1.63x | AU$-5.71 Million |
| 2019 | 8.61% | 3.29% | 1.55x | 1.69x | AU$-2.06 Million |
| 2020 | 6.86% | 2.62% | 1.59x | 1.65x | AU$-4.97 Million |
| 2021 | 8.04% | 3.72% | 1.10x | 1.97x | AU$-3.36 Million |
| 2022 | 8.76% | 2.76% | 1.60x | 1.98x | AU$-2.16 Million |
| 2023 | 11.03% | 4.32% | 1.46x | 1.75x | AU$1.88 Million |
| 2024 | 11.46% | 3.97% | 1.51x | 1.91x | AU$2.80 Million |
| 2025 | 15.48% | 3.95% | 1.90x | 2.06x | AU$11.21 Million |
Industry Comparison
This section compares Southern Cross Electrical Engineering Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $62,161,937
- Average return on equity (ROE) among peers: 38.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Cross Electrical Engineering Ltd (SXE) | AU$179.96 Million | 83.61% | 1.10x | $709.49 Million |
| Acrow Ltd (ACF) | $61.49 Million | 6.45% | 1.59x | $185.18 Million |
| BSA Ltd (BSA) | $58.84 Million | 13.13% | 0.96x | $16.25 Million |
| Civmec Ltd (CVL) | $110.18 Million | 28.25% | 0.75x | $564.33 Million |
| Dynamic Group Holdings Ltd (DDB) | $426.96K | 357.47% | 11.27x | $28.36 Million |
| Downer Edi Ltd (DOW) | $240.74 Million | 2.97% | 2.32x | $3.63 Billion |
| Duratec Ltd (DUR) | $14.95 Million | 87.04% | 4.38x | $487.13 Million |
| EVZ Ltd (EVZ) | $1.88 Million | -51.28% | 0.63x | $36.54 Million |
| Fleetwood Ltd (FWD) | $2.00 Million | -104.09% | 3.16x | $108.09 Million |
| Genusplus Group Ltd (GNP) | $57.71 Million | 23.13% | 1.70x | $1.22 Billion |
| Johns LYNG Group Ltd (JLG) | $73.41 Million | 25.28% | 2.38x | $806.21 Million |
About Southern Cross Electrical Engineering Ltd
Southern Cross Electrical Engineering Limited, together with its subsidiaries, provides electrical, instrumentation, communications, security, fire, and maintenance services and products in Australia. It operates through SCEE Electrical, Heyday, Trivantage, and Force Fire segments. The company installs electrical and data communications cabling products and systems; designs, manufactures, and ins… Read more