WCM Global Growth Ltd (WQG) - Net Assets
Based on the latest financial reports, WCM Global Growth Ltd (WQG) has net assets worth AU$407.36 Million AUD (≈ $288.23 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$461.68 Million ≈ $326.67 Million USD) and total liabilities (AU$54.32 Million ≈ $38.44 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 WCM Global Growth Ltd (WQG) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$407.36 Million |
| % of Total Assets | 88.23% |
| Annual Growth Rate | 19.88% |
| 5-Year Change | 47.28% |
| 10-Year Change | N/A |
| Growth Volatility | 23.8 |
WCM Global Growth Ltd - Net Assets Trend (2017–2025)
This chart illustrates how WCM Global Growth Ltd's net assets have evolved over time, based on quarterly financial data. Also explore WQG asset base for the complete picture of this company's asset base.
Annual Net Assets for WCM Global Growth Ltd (2017–2025)
The table below shows the annual net assets of WCM Global Growth Ltd from 2017 to 2025. For live valuation and market cap data, see WCM Global Growth Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$407.36 Million ≈ $288.23 Million |
+47.90% |
| 2024-06-30 | AU$275.43 Million ≈ $194.89 Million |
+7.49% |
| 2023-06-30 | AU$256.25 Million ≈ $181.31 Million |
+9.80% |
| 2022-06-30 | AU$233.38 Million ≈ $165.13 Million |
-15.62% |
| 2021-06-30 | AU$276.58 Million ≈ $195.70 Million |
+19.12% |
| 2020-06-30 | AU$232.18 Million ≈ $164.28 Million |
+28.03% |
| 2019-06-30 | AU$181.34 Million ≈ $128.31 Million |
+66.47% |
| 2018-06-30 | AU$108.93 Million ≈ $77.08 Million |
+14.05% |
| 2017-06-30 | AU$95.51 Million ≈ $67.58 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to WCM Global Growth 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 7000400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$271.13 Million | 66.56% |
| Other Comprehensive Income | AU$208.51 Million | 51.19% |
| Total Equity | AU$407.36 Million | 100.00% |
WCM Global Growth Ltd Competitors by Market Cap
The table below lists competitors of WCM Global Growth Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Komax Holding AG
SW:KOMN
|
$295.64 Million |
|
Nano Dimension Ltd
F:2N5B
|
$295.80 Million |
|
AzureWave Technologies Inc
TW:3694
|
$295.83 Million |
|
DeFi Technologies Inc.
NEO:DEFI
|
$295.89 Million |
|
BK Technologies Inc
NYSE MKT:BKTI
|
$295.52 Million |
|
Sprott Focus Trust
NASDAQ:FUND
|
$295.38 Million |
|
Settlebank Corporation
KQ:234340
|
$295.17 Million |
|
Liton Technology
TWO:6175
|
$295.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WCM Global Growth Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 275,433,000 to 407,355,000, a change of 131,922,000 (47.9%).
- Net income of 69,525,000 contributed positively to equity growth.
- Dividend payments of 13,123,000 reduced retained earnings.
- Share repurchases of 1,000 reduced equity.
- New share issuances of 75,521,000 increased equity.
- Other comprehensive income increased equity by 53,713,000.
- Other factors decreased equity by 53,713,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$69.53 Million | +17.07% |
| Dividends Paid | AU$13.12 Million | -3.22% |
| Share Repurchases | AU$1.00K | -0.0% |
| Share Issuances | AU$75.52 Million | +18.54% |
| Other Comprehensive Income | AU$53.71 Million | +13.19% |
| Other Changes | AU$-53.71 Million | -13.19% |
| Total Change | AU$- | 47.90% |
Book Value vs Market Value Analysis
This analysis compares WCM Global Growth 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: 0.93x
- 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 1.75x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | AU$1.05 | AU$1.84 | x |
| 2018-06-30 | AU$1.17 | AU$1.84 | x |
| 2019-06-30 | AU$1.78 | AU$1.84 | x |
| 2020-06-30 | AU$1.33 | AU$1.84 | x |
| 2021-06-30 | AU$1.45 | AU$1.84 | x |
| 2022-06-30 | AU$1.27 | AU$1.84 | x |
| 2023-06-30 | AU$1.37 | AU$1.84 | x |
| 2024-06-30 | AU$1.52 | AU$1.84 | x |
| 2025-06-30 | AU$1.96 | AU$1.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WCM Global Growth Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.57%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.13x
- Recent ROE (17.07%) is above the historical average (8.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -2.38% | 0.00% | -0.02x | 1.00x | AU$-11.83 Million |
| 2018 | 10.27% | 61.32% | 0.16x | 1.03x | AU$288.60K |
| 2019 | 10.08% | 60.09% | 0.15x | 1.16x | AU$137.80K |
| 2020 | 10.60% | 59.10% | 0.16x | 1.10x | AU$1.39 Million |
| 2021 | 17.50% | 65.96% | 0.23x | 1.14x | AU$20.75 Million |
| 2022 | -20.60% | 0.00% | -0.26x | 1.05x | AU$-71.40 Million |
| 2023 | 14.51% | 64.66% | 0.21x | 1.07x | AU$11.56 Million |
| 2024 | 16.46% | 64.99% | 0.23x | 1.12x | AU$17.80 Million |
| 2025 | 17.07% | 64.57% | 0.23x | 1.13x | AU$28.79 Million |
Industry Comparison
This section compares WCM Global Growth Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $733,089,303
- Average return on equity (ROE) among peers: -13.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WCM Global Growth Ltd (WQG) | AU$407.36 Million | -2.38% | 0.13x | $295.54 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $57.22 Million |
| Australian Ethical Investment Ltd (AEF) | $4.32 Million | 8.17% | 0.21x | $314.92 Million |
| Australian Foundation Investment Company Ltd (AFI) | $2.48 Billion | 4.15% | 0.01x | $5.89 Billion |
| Alternative Investment Trust (AIQ) | $0.00 | 0.00% | 0.00x | $33.32 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $417.88 Million | 2.30% | 0.04x | $298.12 Million |
| Amcil Ltd (AMH) | $106.65 Million | 4.35% | 0.00x | $206.63 Million |
| Associate Global Partners Ltd (APL) | $259.00K | -115.75% | 0.21x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $-25.02 Million | 0.00% | 0.00x | $66.00 Million |
| ARC Funds Ltd (ARC) | $6.50 Million | -46.80% | 0.90x | $3.65 Million |
| Argo Investments Ltd (ARG) | $4.29 Billion | 4.57% | 0.15x | $4.70 Billion |
About WCM Global Growth Ltd
Contango Global Growth Limited is an equity mutual fund launched by Contango International Management Pty Ltd. The fund is managed by WCM Investment Management. It invests in public equity markets of emerging countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis with bottom-up stock picking approach to cre… Read more