Zoom2u Technologies Ltd (Z2U) - Net Assets
Based on the latest financial reports, Zoom2u Technologies Ltd (Z2U) has net assets worth AU$-291.07K AUD (≈ $-205.95K USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$5.62 Million ≈ $3.98 Million USD) and total liabilities (AU$5.91 Million ≈ $4.18 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Z2U current and long-term liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-291.07K |
| % of Total Assets | -5.18% |
| Annual Growth Rate | -10.69% |
| 5-Year Change | -46.34% |
| 10-Year Change | N/A |
| Growth Volatility | 138.53 |
Zoom2u Technologies Ltd - Net Assets Trend (2017–2023)
This chart illustrates how Zoom2u Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Z2U total assets for the complete picture of this company's asset base.
Annual Net Assets for Zoom2u Technologies Ltd (2017–2023)
The table below shows the annual net assets of Zoom2u Technologies Ltd from 2017 to 2023. For live valuation and market cap data, see Z2U market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | AU$481.50K ≈ $340.69K |
-85.46% |
| 2022-12-31 | AU$3.31 Million ≈ $2.34 Million |
-38.17% |
| 2021-12-31 | AU$5.36 Million ≈ $3.79 Million |
+1946.44% |
| 2020-12-31 | AU$-290.09K ≈ $-205.26K |
-132.33% |
| 2019-12-31 | AU$897.33K ≈ $634.92K |
+131.97% |
| 2018-12-31 | AU$-2.81 Million ≈ $-1.99 Million |
-395.87% |
| 2017-12-31 | AU$948.50K ≈ $671.12K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zoom2u Technologies 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 1919824600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$20.81 Million | 4322.31% |
| Other Comprehensive Income | AU$2.50 Million | 518.62% |
| Total Equity | AU$481.50K | 100.00% |
Zoom2u Technologies Ltd Competitors by Market Cap
The table below lists competitors of Zoom2u Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jet Freight Logistics Limited
NSE:JETFREIGHT
|
$10.26 Million |
|
MAA Group Bhd
KLSE:1198
|
$10.26 Million |
|
Hanson International Tbk
JK:MYRX
|
$10.26 Million |
|
Intelligent Group Limited Ordinary Shares
NASDAQ:INTJ
|
$10.27 Million |
|
Checkin.com Group AB
ST:CHECK
|
$10.26 Million |
|
Highfield Resources Ltd
F:23H
|
$10.25 Million |
|
SolGold PLC
LSE:SOLG
|
$10.25 Million |
|
Crescita Therapeutics Inc
TO:CTX
|
$10.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zoom2u Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,311,667 to 481,501, a change of -2,830,166 (-85.5%).
- Net loss of 3,063,262 reduced equity.
- Other comprehensive income increased equity by 233,096.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.06 Million | -636.19% |
| Other Comprehensive Income | AU$233.10K | +48.41% |
| Total Change | AU$- | -85.46% |
Book Value vs Market Value Analysis
This analysis compares Zoom2u Technologies 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: 70.43x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 31.98x to 70.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AU$0.01 | AU$0.18 | x |
| 2018-12-31 | AU$-0.02 | AU$0.18 | x |
| 2019-12-31 | AU$0.01 | AU$0.18 | x |
| 2020-12-31 | AU$0.00 | AU$0.18 | x |
| 2021-12-31 | AU$0.03 | AU$0.18 | x |
| 2022-12-31 | AU$0.02 | AU$0.18 | x |
| 2023-12-31 | AU$0.00 | AU$0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zoom2u Technologies Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -636.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -53.52%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 12.10x
- Recent ROE (-636.19%) is below the historical average (-162.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -142.98% | -17.38% | 1.77x | 4.64x | AU$-1.45 Million |
| 2018 | 0.00% | -212.70% | 1.19x | 0.00x | AU$-3.50 Million |
| 2019 | -100.90% | -39.23% | 1.26x | 2.05x | AU$-995.15K |
| 2020 | 0.00% | -38.09% | 0.82x | 0.00x | AU$-1.05 Million |
| 2021 | -91.55% | -105.84% | 0.67x | 1.29x | AU$-5.44 Million |
| 2022 | -167.84% | -119.99% | 0.59x | 2.39x | AU$-5.89 Million |
| 2023 | -636.19% | -53.52% | 0.98x | 12.10x | AU$-3.11 Million |
Industry Comparison
This section compares Zoom2u Technologies Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $42,012,556
- Average return on equity (ROE) among peers: -47.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zoom2u Technologies Ltd (Z2U) | AU$-291.07K | -142.98% | N/A | $10.26 Million |
| One Click Group Ltd (1CG) | $2.94 Million | -67.27% | 0.54x | $8.32 Million |
| Thrive Tribe Technologies Ltd (1TT) | $4.53 Million | -27.70% | 0.03x | $1.43 Million |
| Ordinary Fully Paid Deferred Settlement (1TTDB) | $2.53 Million | -140.39% | 0.30x | $20.45 |
| LIFE360 Inc (360) | $358.55 Million | -1.27% | 0.23x | $3.40 Billion |
| Pointerra Ltd (3DP) | $4.28 Million | -64.47% | 0.19x | $17.22 Million |
| 8COMMON Ltd (8CO) | $5.92 Million | -22.85% | 0.35x | $3.96 Million |
| Aeeris Ltd (AER) | $584.79K | -43.08% | 0.80x | $4.98 Million |
| Aerometrex Ltd (AMX) | $34.70 Million | -11.88% | 0.33x | $15.79 Million |
| Assetowl Ltd (AO1) | $4.13 Million | -98.29% | 0.07x | $1.38 Million |
| Bridge Saas Ltd (BGE) | $1.96 Million | -1.09% | 0.41x | $1.84 Million |
About Zoom2u Technologies Ltd
Zoom2u Technologies Limited provides real time tracking delivery solutions in Australia and internationally. It operates through two segments, Zoom2u and 2u Enterprises; and Locate2u. The company operates Locate2u, a software as a services platform that enables to manage and optimise deliveries for couriers, retailers, and ecommerce businesses; and Zoom2u, a delivery platform that connects custom… Read more