Veem Ltd (VEE) - Net Assets

Latest as of June 2025: AU$54.29 Million AUD ≈ $38.42 Million USD

Based on the latest financial reports, Veem Ltd (VEE) has net assets worth AU$54.29 Million AUD (≈ $38.42 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$97.22 Million ≈ $68.79 Million USD) and total liabilities (AU$42.93 Million ≈ $30.37 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 Veem Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$54.29 Million
% of Total Assets	55.85%
Annual Growth Rate	8.48%
5-Year Change	48.25%
10-Year Change	124.19%
Growth Volatility	5.76

Veem Ltd - Net Assets Trend (2013–2025)

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

Annual Net Assets for Veem Ltd (2013–2025)

The table below shows the annual net assets of Veem Ltd from 2013 to 2025. For live valuation and market cap data, see VEE stock market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$54.29 Million ≈ $38.42 Million	+3.84%
2024-06-30	AU$52.28 Million ≈ $36.99 Million	+11.66%
2023-06-30	AU$46.82 Million ≈ $33.13 Million	+7.38%
2022-06-30	AU$43.60 Million ≈ $30.85 Million	+19.06%
2021-06-30	AU$36.62 Million ≈ $25.91 Million	+12.47%
2020-06-30	AU$32.56 Million ≈ $23.04 Million	+5.34%
2019-06-30	AU$30.91 Million ≈ $21.87 Million	+4.87%
2018-06-30	AU$29.48 Million ≈ $20.86 Million	+2.33%
2017-06-30	AU$28.81 Million ≈ $20.38 Million	+18.95%
2016-06-30	AU$24.22 Million ≈ $17.14 Million	+6.67%
2015-06-30	AU$22.70 Million ≈ $16.06 Million	+0.68%
2014-06-30	AU$22.55 Million ≈ $15.96 Million	+10.31%
2013-06-30	AU$20.44 Million ≈ $14.46 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Veem 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 111.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$42.30 Million	77.92%
Common Stock	AU$11.66 Million	21.48%
Other Comprehensive Income	AU$324.96K	0.60%
Other Components	AU$1.00	0.00%
Total Equity	AU$54.29 Million	100.00%

Veem Ltd Competitors by Market Cap

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

Company	Market Cap
Birla Cable Limited NSE:BIRLACABLE	$50.37 Million
Burberry Group PLC LSE:BRBY	$50.38 Million
Foods & Inns Limited NSE:FOODSIN	$50.38 Million
Heerim Architects & Planners Co. Ltd KQ:037440	$50.39 Million
Deswell Industries Inc NASDAQ:DSWL	$50.36 Million
Shandong Chenming Paper Holdings Limited F:SCD1	$50.34 Million
InflaRx N.V F:IF0	$50.33 Million
FingerMotion Inc NASDAQ:FNGR	$50.31 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 52,283,528 to 54,293,090, a change of 2,009,562 (3.8%).
Net income of 3,018,687 contributed positively to equity growth.
Dividend payments of 1,358,180 reduced retained earnings.
Other comprehensive income increased equity by 183,255.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$3.02 Million	+5.56%
Dividends Paid	AU$1.36 Million	-2.5%
Other Comprehensive Income	AU$183.25K	+0.34%
Other Changes	AU$165.80K	+0.31%
Total Change	AU$-	3.84%

Book Value vs Market Value Analysis

This analysis compares Veem 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: 1.21x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.01x to 1.21x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-06-30	AU$51.02	AU$0.49	x
2014-06-30	AU$56.28	AU$0.49	x
2015-06-30	AU$56.66	AU$0.49	x
2016-06-30	AU$0.19	AU$0.49	x
2017-06-30	AU$0.24	AU$0.49	x
2018-06-30	AU$0.23	AU$0.49	x
2019-06-30	AU$0.24	AU$0.49	x
2020-06-30	AU$0.25	AU$0.49	x
2021-06-30	AU$0.28	AU$0.49	x
2022-06-30	AU$0.32	AU$0.49	x
2023-06-30	AU$0.34	AU$0.49	x
2024-06-30	AU$0.38	AU$0.49	x
2025-06-30	AU$0.40	AU$0.49	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Veem 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): 5.56%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.40%
• Asset Turnover: 0.71x
• Equity Multiplier: 1.79x
Recent ROE (5.56%) is below the historical average (12.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	19.19%	10.36%	1.18x	1.57x	AU$1.88 Million
2014	23.98%	13.58%	1.15x	1.54x	AU$3.15 Million
2015	17.85%	10.53%	1.17x	1.45x	AU$1.78 Million
2016	20.71%	12.12%	1.12x	1.53x	AU$2.59 Million
2017	13.36%	10.11%	0.86x	1.53x	AU$968.17K
2018	9.35%	6.77%	0.79x	1.75x	AU$-190.70K
2019	7.22%	4.96%	0.88x	1.65x	AU$-860.38K
2020	7.59%	5.57%	0.67x	2.02x	AU$-786.02K
2021	13.41%	8.26%	0.85x	1.92x	AU$1.25 Million
2022	2.90%	2.34%	0.67x	1.85x	AU$-3.09 Million
2023	8.78%	6.91%	0.65x	1.95x	AU$-569.98K
2024	13.36%	8.68%	0.86x	1.80x	AU$1.76 Million
2025	5.56%	4.40%	0.71x	1.79x	AU$-2.41 Million

Industry Comparison

This section compares Veem Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

Industry: Aerospace & Defense
Average net assets among peers: $71,005,065
Average return on equity (ROE) among peers: -16.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Veem Ltd (VEE)	AU$54.29 Million	19.19%	0.79x	$50.36 Million
Austal Ltd (ASB)	$39.98 Million	-1.67%	3.09x	$1.21 Billion
Droneshield Ltd (DRO)	$74.51 Million	12.53%	0.30x	$2.45 Billion
Electro Optic Systems Holdings Ltd (EOS)	$4.05 Million	-21.91%	3.22x	$1.37 Billion
Highcom Ltd (HCL)	$29.79 Million	-3.99%	0.36x	$18.54 Million
Orbital Corporation Ltd (OEC)	$269.52 Million	0.00%	0.02x	$20.59 Million
Quickstep Holdings Ltd (QHL)	$8.18 Million	-81.43%	3.50x	$29.18 Million

About Veem Ltd

AU:VEE Australia Aerospace & Defense

Market Cap

$50.36 Million

AU$71.17 Million AUD

Market Cap Rank

#21857 Global

#792 in Australia

Share Price

AU$0.49

Change (1 day)

-2.02%

52-Week Range

AU$0.49 - AU$1.87

All Time High

AU$1.98