Wam Leaders Ltd (WLE) - Net Assets

Latest as of December 2025: AU$1.81 Billion AUD ≈ $1.28 Billion USD

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 December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.86 Billion ≈ $1.31 Billion USD) and total liabilities (AU$44.23 Million ≈ $31.29 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 Wam Leaders Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$1.81 Billion
% of Total Assets	97.62%
Annual Growth Rate	19.05%
5-Year Change	53.93%
10-Year Change	N/A
Growth Volatility	25.26

Wam Leaders Ltd - Net Assets Trend (2016–2025)

This chart illustrates how Wam Leaders Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see WLE market cap.

Annual Net Assets for Wam Leaders Ltd (2016–2025)

The table below shows the annual net assets of Wam Leaders Ltd from 2016 to 2025. Also explore how fast is Wam Leaders Ltd growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
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 24690297500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$1.68 Billion	94.77%
Other Comprehensive Income	AU$339.60 Million	19.15%
Total Equity	AU$1.77 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
Zhejiang Hisoar Pharmaceutical Co Ltd SHE:002099	$1.27 Billion
Beijing Urban Construction Investment & Development Co Ltd SHG:600266	$1.27 Billion
Sino Wealth Electronic Ltd SHE:300327	$1.27 Billion
ZWSOFT Guangzhou Co Ltd SHG:688083	$1.27 Billion
Nuvoco Vistas Corporation Limited NSE:NUVOCO	$1.27 Billion
Rizhao Port Co Ltd SHG:600017	$1.27 Billion
Shandong Bailong Chuangyuan Bio-Tech Co. Ltd. SHG:605016	$1.27 Billion
Huapont Life Sciences Co Ltd SHE:002004	$1.27 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 2024 to 2025, total equity changed from 1,692,794,147 to 1,773,469,088, a change of 80,674,941 (4.8%).
Net income of 63,840,195 contributed positively to equity growth.
Dividend payments of 118,614,151 reduced retained earnings.
Share repurchases of 157,720 reduced equity.
Other comprehensive income decreased equity by 32,695,269.
Other factors increased equity by 168,301,886.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$63.84 Million	+3.6%
Dividends Paid	AU$118.61 Million	-6.69%
Share Repurchases	AU$157.72K	-0.01%
Other Comprehensive Income	AU$-32.70 Million	-1.84%
Other Changes	AU$168.30 Million	+9.49%
Total Change	AU$-	4.77%

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: 1.00x
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 1.00x 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

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): 3.60%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 58.04%
• Asset Turnover: 0.06x
• Equity Multiplier: 1.06x
Recent ROE (3.60%) is below the historical average (6.65%), suggesting potential challenges in 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

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: $929,378,316
Average return on equity (ROE) among peers: 11.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wam Leaders Ltd (WLE)	AU$1.81 Billion	6.19%	0.02x	$1.27 Billion
Acorn Capital Investment Fund Ltd (ACQ)	$97.27 Million	3.12%	0.02x	$57.41 Million
Australian Ethical Investment Ltd (AEF)	$15.31 Million	33.19%	0.51x	$333.44 Million
Australian Foundation Investment Company Ltd (AFI)	$1.92 Billion	4.89%	0.10x	$5.73 Billion
Alternative Investment Trust (AIQ)	$0.00	0.00%	0.00x	$33.44 Million
Argo Global Listed Infrastructure Ltd (ALI)	$417.88 Million	2.30%	0.04x	$329.25 Million
Amcil Ltd (AMH)	$3.45 Billion	-1.39%	0.80x	$199.18 Million
Associate Global Partners Ltd (APL)	$864.08K	9.22%	0.04x	$10.38 Million
Ariadne Australia Ltd (ARA)	$179.97 Million	43.89%	0.05x	$64.62 Million
ARC Funds Ltd (ARC)	$7.44 Million	17.23%	0.01x	$3.50 Million
Argo Investments Ltd (ARG)	$3.21 Billion	5.21%	0.09x	$4.93 Billion

About Wam Leaders Ltd

AU:WLE Australia Asset Management

Market Cap

$1.27 Billion

AU$1.79 Billion AUD

Market Cap Rank

#7914 Global

#185 in Australia

Share Price

AU$1.30

Change (1 day)

+0.00%

52-Week Range

AU$1.28 - AU$1.43

All Time High

AU$1.43