Thorney Technologies Ltd Net Assets
Thorney Technologies Ltd net assets. Based on the latest financial reports, Thorney Technologies Ltd (TEK) has net assets worth AU$95.85 Million AUD (≈ $67.82 Million 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$96.93 Million ≈ $68.58 Million USD) and total liabilities (AU$1.08 Million ≈ $767.20K 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 momentum of Thorney Technologies Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$95.85 Million |
| % of Total Assets | 98.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | -45.4% |
| 10-Year Change | N/A |
| Growth Volatility | 66.34 |
Net Assets of Thorney Technologies Ltd (2004–2025)
Net assets of Thorney Technologies Ltd from 2004 to 2025. This chart illustrates how Thorney Technologies Ltd's net assets have evolved over time, based on quarterly financial data. See TEK net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Thorney Technologies Ltd (2004–2025)
The table below shows the annual net assets of Thorney Technologies Ltd from 2004 to 2025. For live market cap and overall valuation, see market value of Thorney Technologies Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$95.85 Million ≈ $67.82 Million |
-7.15% |
| 2024-06-30 | AU$103.23 Million ≈ $73.04 Million |
-19.47% |
| 2023-06-30 | AU$128.18 Million ≈ $90.70 Million |
-17.43% |
| 2022-06-30 | AU$155.24 Million ≈ $109.84 Million |
-11.57% |
| 2021-06-30 | AU$175.55 Million ≈ $124.21 Million |
+101.85% |
| 2020-06-30 | AU$86.97 Million ≈ $61.54 Million |
+0.23% |
| 2019-06-30 | AU$86.77 Million ≈ $61.39 Million |
+33.55% |
| 2018-06-30 | AU$64.97 Million ≈ $45.97 Million |
+47.84% |
| 2017-06-30 | AU$43.95 Million ≈ $31.10 Million |
+7551.86% |
| 2016-06-30 | AU$-589.74K ≈ $-417.28K |
-102.97% |
| 2015-06-30 | AU$19.87 Million ≈ $14.06 Million |
+2.44% |
| 2014-06-30 | AU$19.40 Million ≈ $13.72 Million |
-19.31% |
| 2013-06-30 | AU$24.04 Million ≈ $17.01 Million |
+156.03% |
| 2012-06-30 | AU$9.39 Million ≈ $6.64 Million |
-1.35% |
| 2011-06-30 | AU$9.52 Million ≈ $6.73 Million |
+96.39% |
| 2010-06-30 | AU$4.85 Million ≈ $3.43 Million |
+113.22% |
| 2009-06-30 | AU$2.27 Million ≈ $1.61 Million |
-79.13% |
| 2008-06-30 | AU$10.89 Million ≈ $7.71 Million |
-84.17% |
| 2007-06-30 | AU$68.82 Million ≈ $48.69 Million |
-14.22% |
| 2006-06-30 | AU$80.22 Million ≈ $56.76 Million |
+1.17% |
| 2005-06-30 | AU$79.29 Million ≈ $56.10 Million |
+63030.16% |
| 2004-06-30 | AU$-126.00K ≈ $-89.15K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Thorney Technologies 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 1285786900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Thorney Technologies Ltd Net Assets Breakdown (June 2025)
Thorney Technologies Ltd net assets breakdown by equity component as of June 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$109.06 Million | 113.79% |
| Total Equity | AU$95.85 Million | 100.00% |
Thorney Technologies Ltd Competitors by Market Cap
The table below lists competitors of Thorney Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bayfirst Financial Corp
NASDAQ:BAFN
|
$24.53 Million |
|
Silver Bear Resources Inc
TO:SBR
|
$24.53 Million |
|
Wenzhou Kangning Hospital Co. Ltd
F:4WK
|
$24.54 Million |
|
A SPAC III Acquisition Corp. Class A Ordinary Shares
NASDAQ:ASPC
|
$24.54 Million |
|
Wir Asia Tbk PT
JK:WIRG
|
$24.48 Million |
|
Gapwaves AB Series B
ST:GAPW-B
|
$24.48 Million |
|
PLANETEL SPA
F:0A7
|
$24.48 Million |
|
Hankukpackage Co. Ltd
KQ:037230
|
$24.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thorney Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 103,225,587 to 95,845,400, a change of -7,380,187 (-7.1%).
- Net loss of 4,661,807 reduced equity.
- Share repurchases of 2,718,380 reduced equity.
- Other comprehensive income decreased equity by 204,814,928.
- Other factors increased equity by 204,814,928.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.66 Million | -4.86% |
| Share Repurchases | AU$2.72 Million | -2.84% |
| Other Comprehensive Income | AU$-204.81 Million | -213.69% |
| Other Changes | AU$204.81 Million | +213.69% |
| Total Change | AU$- | -7.15% |
Book Value vs Market Value Analysis
This analysis compares Thorney Technologies 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: 0.37x
- 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 increased from 0.00x to 0.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$6840.08 | AU$0.09 | x |
| 2006-06-30 | AU$3601.94 | AU$0.09 | x |
| 2007-06-30 | AU$2057.99 | AU$0.09 | x |
| 2008-06-30 | AU$259.93 | AU$0.09 | x |
| 2009-06-30 | AU$57.63 | AU$0.09 | x |
| 2010-06-30 | AU$66.77 | AU$0.09 | x |
| 2011-06-30 | AU$52.98 | AU$0.09 | x |
| 2012-06-30 | AU$36.21 | AU$0.09 | x |
| 2013-06-30 | AU$80.71 | AU$0.09 | x |
| 2014-06-30 | AU$46.96 | AU$0.09 | x |
| 2015-06-30 | AU$48.09 | AU$0.09 | x |
| 2016-06-30 | AU$-0.67 | AU$0.09 | x |
| 2017-06-30 | AU$0.49 | AU$0.09 | x |
| 2018-06-30 | AU$0.27 | AU$0.09 | x |
| 2019-06-30 | AU$0.34 | AU$0.09 | x |
| 2020-06-30 | AU$0.34 | AU$0.09 | x |
| 2021-06-30 | AU$0.55 | AU$0.09 | x |
| 2022-06-30 | AU$0.37 | AU$0.09 | x |
| 2023-06-30 | AU$0.30 | AU$0.09 | x |
| 2024-06-30 | AU$0.25 | AU$0.09 | x |
| 2025-06-30 | AU$0.25 | AU$0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thorney Technologies Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -165.14%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.01x
- Recent ROE (-4.86%) is above the historical average (-56.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -0.88% | -62.40% | 0.01x | 1.45x | AU$-6.18 Million |
| 2006 | -4.37% | -1875.21% | 0.00x | 1.17x | AU$-11.53 Million |
| 2007 | -53.47% | -262.18% | 0.17x | 1.18x | AU$-39.95 Million |
| 2008 | -488.27% | -1016.43% | 0.37x | 1.30x | AU$-54.27 Million |
| 2009 | -395.06% | -442.75% | 0.37x | 2.42x | AU$-9.21 Million |
| 2010 | -58.23% | -87.64% | 0.34x | 1.96x | AU$-3.36 Million |
| 2011 | -83.51% | -121.48% | 0.53x | 1.30x | AU$-9.03 Million |
| 2012 | -74.78% | -17.86% | 0.87x | 4.81x | AU$-8.13 Million |
| 2013 | 9.48% | 3.85% | 1.08x | 2.28x | AU$-127.11K |
| 2014 | -28.08% | -7.77% | 1.78x | 2.04x | AU$-7.50 Million |
| 2015 | 2.32% | 0.91% | 1.27x | 2.01x | AU$-1.55 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-20.43 Million |
| 2017 | 7.47% | 62.46% | 0.11x | 1.05x | AU$-1.11 Million |
| 2018 | 8.66% | 76.44% | 0.11x | 1.02x | AU$-860.31K |
| 2019 | 25.98% | 137.81% | 0.18x | 1.06x | AU$13.87 Million |
| 2020 | 0.23% | 9.64% | 0.02x | 1.01x | AU$-8.50 Million |
| 2021 | 30.11% | 80.37% | 0.35x | 1.07x | AU$35.30 Million |
| 2022 | -29.16% | 0.00% | -0.40x | 1.01x | AU$-60.64 Million |
| 2023 | -19.91% | 0.00% | -0.17x | 1.02x | AU$-38.34 Million |
| 2024 | -21.04% | 0.00% | -0.11x | 1.01x | AU$-32.04 Million |
| 2025 | -4.86% | -165.14% | 0.03x | 1.01x | AU$-14.25 Million |
Industry Comparison
This section compares Thorney Technologies Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,330,465,607
- Average return on equity (ROE) among peers: 7.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thorney Technologies Ltd (TEK) | AU$95.85 Million | -0.88% | 0.01x | $24.50 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $62.59 Million | -0.91% | 0.05x | $50.07 Million |
| Australian Ethical Investment Ltd (AEF) | $4.54 Million | 10.12% | 0.23x | $368.08 Million |
| Australian Foundation Investment Company Ltd (AFI) | $8.74 Billion | 3.26% | 0.21x | $6.00 Billion |
| Alternative Investment Trust (AIQ) | $36.94 Million | 21.66% | 0.11x | $33.20 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $329.25 Million |
| Amcil Ltd (AMH) | $312.81 Million | 2.21% | 0.09x | $191.39 Million |
| Associate Global Partners Ltd (APL) | $11.51 Million | 30.07% | 0.12x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $-48.28 Million | 0.00% | 0.00x | $64.62 Million |
| ARC Funds Ltd (ARC) | $4.54 Million | 5.80% | 0.01x | $2.55 Million |
| Argo Investments Ltd (ARG) | $3.86 Billion | 4.45% | 0.20x | $5.04 Billion |
About Thorney Technologies Ltd
Thorney Technologies Ltd invests in technology related companies. The company was formerly known as Australian Renewable Fuels Limited and changed its name to Thorney Technologies Ltd in December 2016. Thorney Technologies Ltd was founded in 2005 and is based in Melbourne, Australia.