Wam Leaders Ltd (WLE) - Net Assets
Based on the latest financial reports, Wam Leaders Ltd (WLE) has net assets worth AU$1.77 Billion AUD (≈ $1.25 Billion 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$1.88 Billion ≈ $1.33 Billion USD) and total liabilities (AU$101.76 Million ≈ $72.00 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 Wam Leaders Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.77 Billion |
| % of Total Assets | 94.57% |
| 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. Also explore Wam Leaders Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Wam Leaders Ltd.
| 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 |
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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 |
|---|---|
|
Charoen Pokphand Enterprise Taiwan Co Ltd
TW:1215
|
$1.29 Billion |
|
Dynagreen Environmental Protection Group Co Ltd
SHG:601330
|
$1.29 Billion |
|
Brim hf
IC:BRIM
|
$1.29 Billion |
|
ATAI LIFE SCIENCES BV EO1
F:9VC
|
$1.29 Billion |
|
Daqo New Energy Corp
F:5DQ2
|
$1.29 Billion |
|
Interroll Holding AG
SW:INRN
|
$1.29 Billion |
|
Norconsult ASA
OL:NORCO
|
$1.28 Billion |
|
Voltamp Transformers Limited
NSE:VOLTAMP
|
$1.28 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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.28x to 1.01x 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$1.32 | x |
| 2017-06-30 | AU$1.13 | AU$1.32 | x |
| 2018-06-30 | AU$1.38 | AU$1.32 | x |
| 2019-06-30 | AU$1.21 | AU$1.32 | x |
| 2020-06-30 | AU$1.15 | AU$1.32 | x |
| 2021-06-30 | AU$1.38 | AU$1.32 | x |
| 2022-06-30 | AU$1.41 | AU$1.32 | x |
| 2023-06-30 | AU$1.60 | AU$1.32 | x |
| 2024-06-30 | AU$1.34 | AU$1.32 | x |
| 2025-06-30 | AU$1.31 | AU$1.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wam Leaders Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 58.04%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.06x
- Recent ROE (3.60%) is below the historical average (6.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.19% | 60.53% | 0.10x | 1.05x | AU$-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: $718,320,473
- Average return on equity (ROE) among peers: -14.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wam Leaders Ltd (WLE) | AU$1.77 Billion | 6.19% | 0.06x | $1.29 Billion |
| Acorn Capital Investment Fund Ltd (ACQ) | $61.32 Million | 3.33% | 0.06x | $57.22 Million |
| Australian Ethical Investment Ltd (AEF) | $4.32 Million | 8.17% | 0.21x | $314.92 Million |
| Australian Foundation Investment Company Ltd (AFI) | $838.34 Million | 5.86% | 0.13x | $5.89 Billion |
| Alternative Investment Trust (AIQ) | $18.14 Million | 8.58% | 0.01x | $33.32 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $301.56 Million | 5.39% | 0.03x | $298.12 Million |
| Amcil Ltd (AMH) | $225.89 Million | 3.40% | 0.07x | $206.63 Million |
| Associate Global Partners Ltd (APL) | $7.55 Million | -115.52% | 0.29x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $76.70 Million | 6.78% | 0.13x | $66.00 Million |
| ARC Funds Ltd (ARC) | $4.95 Million | -77.91% | 0.59x | $3.65 Million |
| Argo Investments Ltd (ARG) | $5.64 Billion | 3.08% | 0.17x | $4.70 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