Veem Ltd Net Assets

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

Veem Ltd net assets. 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. Also explore Veem Ltd (VEE) equity growth momentum to track the company's year-over-year net asset growth rate.

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

Net Assets of Veem Ltd (2013–2025)

Net assets of Veem Ltd from 2013 to 2025. This chart illustrates how Veem Ltd's net assets have evolved over time, based on quarterly financial data. See how leveraged is Veem Ltd's balance sheet to measure how much of total assets are equity-financed.

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 market cap and overall valuation, see Veem Ltd market cap and net worth.

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
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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.

Veem Ltd Net Assets Breakdown (June 2025)

Veem Ltd net assets breakdown by equity component as of 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
Daxor Corporation
NASDAQ:DXR
$51.94 Million
ktcs corporation
KO:058850
$51.94 Million
Aptech Limited
NSE:APTECHT
$51.96 Million
New Century Logistics (BVI) Limited Ordinary Shares
NASDAQ:NCEW
$52.00 Million
FlexQube AB
ST:FLEXQ
$51.89 Million
Energia Latina SA
SN:ENLASA
$51.88 Million
Kutahya Seker Fabrikasi AS
IS:KTSKR
$51.87 Million
Meiwu Technology Co Ltd
NASDAQ:WNW
$51.87 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: 1.25x
  • 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 1.25x 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$0.50 x
2014-06-30 AU$56.28 AU$0.50 x
2015-06-30 AU$56.66 AU$0.50 x
2016-06-30 AU$0.19 AU$0.50 x
2017-06-30 AU$0.24 AU$0.50 x
2018-06-30 AU$0.23 AU$0.50 x
2019-06-30 AU$0.24 AU$0.50 x
2020-06-30 AU$0.25 AU$0.50 x
2021-06-30 AU$0.28 AU$0.50 x
2022-06-30 AU$0.32 AU$0.50 x
2023-06-30 AU$0.34 AU$0.50 x
2024-06-30 AU$0.38 AU$0.50 x
2025-06-30 AU$0.40 AU$0.50 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: $190,784,767
  • Average return on equity (ROE) among peers: -59.16%

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 $51.92 Million
Austal Ltd (ASB) $838.87 Million 9.66% 0.73x $1.26 Billion
Droneshield Ltd (DRO) $2.06 Million -307.23% 0.92x $786.68 Million
Electro Optic Systems Holdings Ltd (EOS) $4.34 Million 36.03% 2.05x $1.14 Billion
Highcom Ltd (HCL) $28.61 Million -13.89% 0.58x $9.62 Million
Orbital Corporation Ltd (OEC) $269.52 Million 0.00% 0.02x $13.30 Million
Quickstep Holdings Ltd (QHL) $1.31 Million -79.55% 1.13x $29.18 Million

About Veem Ltd

AU:VEE Australia Aerospace & Defense
Market Cap
$51.92 Million
AU$73.37 Million AUD
Market Cap Rank
#21556 Global
#729 in Australia
Share Price
AU$0.50
Change (1 day)
+0.00%
52-Week Range
AU$0.45 - AU$1.24
All Time High
AU$1.98
About

VEEM Ltd engages in designing, manufacturing, and selling of marine propulsion and stabilization systems in Australia. It offers gyrostabilizers; CNC machined monobloc propellers; and forever pipe, a piping solution for the processing industry. The company also provides conquest propellers, shaft lines, and marine ride control fins. In addition, it offers bespoke engineered products and services … Read more