Wam Leaders Ltd Net Assets
Wam Leaders Ltd net assets. Based on the latest financial reports, Wam Leaders Ltd (WLE) has net assets worth AU$1.81 Billion AUD (≈ $1.28 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.94 Billion ≈ $1.37 Billion USD) and total liabilities (AU$122.17 Million ≈ $86.45 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 WLE net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.81 Billion |
| % of Total Assets | 93.69% |
| Annual Growth Rate | 17.26% |
| 5-Year Change | 27.45% |
| 10-Year Change | 284.84% |
| Growth Volatility | 24.64 |
Net Assets of Wam Leaders Ltd (2016–2026)
Net assets of Wam Leaders Ltd from 2016 to 2026. This chart illustrates how Wam Leaders Ltd's net assets have evolved over time, based on quarterly financial data. See WLE net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Wam Leaders Ltd (2016–2026)
The table below shows the annual net assets of Wam Leaders Ltd from 2016 to 2026. For live market cap and overall valuation, see market value of Wam Leaders Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$1.81 Billion ≈ $1.28 Billion |
+2.25% |
| 2025-06-30 | AU$1.77 Billion ≈ $1.25 Billion |
+4.77% |
| 2024-06-30 | AU$1.69 Billion ≈ $1.20 Billion |
-4.76% |
| 2023-06-30 | AU$1.78 Billion ≈ $1.26 Billion |
+24.91% |
| 2022-06-30 | AU$1.42 Billion ≈ $1.01 Billion |
+23.51% |
| 2021-06-30 | AU$1.15 Billion ≈ $815.18 Million |
+25.28% |
| 2020-06-30 | AU$919.61 Million ≈ $650.68 Million |
-4.23% |
| 2019-06-30 | AU$960.27 Million ≈ $679.45 Million |
+10.65% |
| 2018-06-30 | AU$867.83 Million ≈ $614.04 Million |
+84.17% |
| 2017-06-30 | AU$471.22 Million ≈ $333.42 Million |
+27.64% |
| 2016-06-30 | AU$369.17 Million ≈ $261.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wam Leaders 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 24692908400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Wam Leaders Ltd Net Assets Breakdown (June 2026)
Wam Leaders Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$1.69 Billion | 93.17% |
| Other Comprehensive Income | AU$370.82 Million | 20.45% |
| Total Equity | AU$1.81 Billion | 100.00% |
Wam Leaders Ltd Competitors by Market Cap
The table below lists competitors of Wam Leaders Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taysha Gene Therapies Inc
NASDAQ:TSHA
|
$1.42 Billion |
|
TES Co. Ltd
KQ:095610
|
$1.42 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
$1.42 Billion |
|
Orange Belgium SA
BR:OBEL
|
$1.42 Billion |
|
Tianjin Chase Sun Pharmaceutical Co Ltd
SHE:300026
|
$1.42 Billion |
|
Hunan Aihua Group Co Ltd
SHG:603989
|
$1.42 Billion |
|
Crompton Greaves Consumer Electricals Limited
NSE:CROMPTON
|
$1.42 Billion |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$1.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wam Leaders Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,773,469,088 to 1,813,455,817, a change of 39,986,729 (2.3%).
- Net income of 161,836,057 contributed positively to equity growth.
- Dividend payments of 121,849,328 reduced retained earnings.
- Other comprehensive income increased equity by 31,220,859.
- Other factors decreased equity by 31,220,859.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$161.84 Million | +8.92% |
| Dividends Paid | AU$121.85 Million | -6.72% |
| Other Comprehensive Income | AU$31.22 Million | +1.72% |
| Other Changes | AU$-31.22 Million | -1.72% |
| Total Change | AU$- | 2.25% |
Book Value vs Market Value Analysis
This analysis compares Wam Leaders 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: 0.98x
- 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 decreased from 1.26x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-06-30 | AU$1.03 | AU$1.30 | x |
| 2017-06-30 | AU$1.13 | AU$1.30 | x |
| 2018-06-30 | AU$1.38 | AU$1.30 | x |
| 2019-06-30 | AU$1.21 | AU$1.30 | x |
| 2020-06-30 | AU$1.15 | AU$1.30 | x |
| 2021-06-30 | AU$1.38 | AU$1.30 | x |
| 2022-06-30 | AU$1.41 | AU$1.30 | x |
| 2023-06-30 | AU$1.60 | AU$1.30 | x |
| 2024-06-30 | AU$1.34 | AU$1.30 | x |
| 2025-06-30 | AU$1.31 | AU$1.30 | x |
| 2026-06-30 | AU$1.32 | AU$1.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wam Leaders Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.87%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.07x
- Recent ROE (8.92%) is above the historical average (6.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.19% | 60.53% | 0.10x | 1.05x | AU$-17.94 Million |
| 2018 | 8.91% | 66.95% | 0.13x | 1.06x | AU$-9.09 Million |
| 2019 | 7.45% | 69.46% | 0.10x | 1.08x | AU$-24.52 Million |
| 2020 | 0.58% | 40.22% | 0.01x | 1.04x | AU$-86.63 Million |
| 2021 | 19.87% | 68.53% | 0.26x | 1.11x | AU$113.72 Million |
| 2022 | 4.62% | 71.93% | 0.06x | 1.11x | AU$-76.53 Million |
| 2023 | 7.32% | 66.75% | 0.11x | 1.03x | AU$-47.65 Million |
| 2024 | 1.32% | 46.66% | 0.03x | 1.03x | AU$-146.94 Million |
| 2025 | 3.60% | 58.04% | 0.06x | 1.06x | AU$-113.51 Million |
| 2026 | 8.92% | 64.87% | 0.13x | 1.07x | AU$-19.51 Million |
Industry Comparison
This section compares Wam Leaders 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 |
|---|---|---|---|---|
| Wam Leaders Ltd (WLE) | AU$1.81 Billion | 6.19% | 0.07x | $1.42 Billion |
| 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 Wam Leaders Ltd
WAM Leaders Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund is co-managed by MAM Pty Limited. It invests into public equity and fixed income markets of Australia. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in value stocks of large- cap companie… Read more