The Star Entertainment Group Limited Net Assets
The Star Entertainment Group Limited net assets. Based on the latest financial reports, The Star Entertainment Group Limited (EE9) has net assets worth €814.30 Million EUR (≈ $952.00 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.89 Billion ≈ $2.21 Billion USD) and total liabilities (€1.07 Billion ≈ $1.26 Billion 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 net asset momentum of The Star Entertainment Group Limited to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €814.30 Million |
| % of Total Assets | 43.1% |
| Annual Growth Rate | -11.82% |
| 5-Year Change | -75.95% |
| 10-Year Change | -72.55% |
| Growth Volatility | 21.98 |
Net Assets of The Star Entertainment Group Limited (2014–2024)
Net assets of The Star Entertainment Group Limited from 2014 to 2024. This chart illustrates how The Star Entertainment Group Limited's net assets have evolved over time, based on quarterly financial data. See EE9 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for The Star Entertainment Group Limited (2014–2024)
The table below shows the annual net assets of The Star Entertainment Group Limited from 2014 to 2024. For live market cap and overall valuation, see The Star Entertainment Group Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €833.30 Million ≈ $974.22 Million |
-52.95% |
| 2023-06-30 | €1.77 Billion ≈ $2.07 Billion |
-48.43% |
| 2022-06-30 | €3.43 Billion ≈ $4.01 Billion |
-5.24% |
| 2021-06-30 | €3.62 Billion ≈ $4.24 Billion |
+4.59% |
| 2020-06-30 | €3.46 Billion ≈ $4.05 Billion |
-7.38% |
| 2019-06-30 | €3.74 Billion ≈ $4.37 Billion |
-1.07% |
| 2018-06-30 | €3.78 Billion ≈ $4.42 Billion |
+15.44% |
| 2017-06-30 | €3.28 Billion ≈ $3.83 Billion |
+4.06% |
| 2016-06-30 | €3.15 Billion ≈ $3.68 Billion |
+3.70% |
| 2015-06-30 | €3.04 Billion ≈ $3.55 Billion |
+3.54% |
| 2014-06-30 | €2.93 Billion ≈ $3.43 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to The Star Entertainment Group Limited'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 1154.2% over the analyzed period, potentially due to dividend distributions or operating losses.
The Star Entertainment Group Limited Net Assets Breakdown (June 2024)
The Star Entertainment Group Limited net assets breakdown by equity component as of June 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €4.71 Billion | 564.66% |
| Total Equity | €833.30 Million | 100.00% |
The Star Entertainment Group Limited Competitors by Market Cap
The table below lists competitors of The Star Entertainment Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meshflow Acquisition Corp. Class A Ordinary Shares
NASDAQ:MESH
|
$348.45 Million |
|
Compania de Transporte de Energia Electrica en Alta Tension Transener SA
BA:TRAN
|
$348.60 Million |
|
Qumei Furniture Group Co Ltd
SHG:603818
|
$348.61 Million |
|
Twin Disc Incorporated
NASDAQ:TWIN
|
$348.64 Million |
|
Zbom Cabinets Co Ltd
SHG:603801
|
$348.30 Million |
|
Semler Scientific Inc
NASDAQ:SMLR
|
$348.27 Million |
|
ON24 Inc
NYSE:ONTF
|
$348.25 Million |
|
EDREAMS ODIGEO UNS.ADR/10
F:K0I
|
$348.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Star Entertainment Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,771,000,000 to 833,300,000, a change of -937,700,000 (-52.9%).
- Net loss of 1,684,600,000 reduced equity.
- New share issuances of 734,500,000 increased equity.
- Other factors increased equity by 12,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.68 Billion | -202.16% |
| Share Issuances | €734.50 Million | +88.14% |
| Other Changes | €12.40 Million | +1.49% |
| Total Change | €- | -52.95% |
Book Value vs Market Value Analysis
This analysis compares The Star Entertainment Group Limited'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: 0.28x
- 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 increased from 0.02x to 0.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €3.97 | €0.08 | x |
| 2018-06-30 | €4.12 | €0.08 | x |
| 2019-06-30 | €4.08 | €0.08 | x |
| 2020-06-30 | €3.80 | €0.08 | x |
| 2021-06-30 | €3.81 | €0.08 | x |
| 2022-06-30 | €3.63 | €0.08 | x |
| 2023-06-30 | €1.01 | €0.08 | x |
| 2024-06-30 | €0.29 | €0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Star Entertainment Group Limited 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): -202.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -101.12%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.28x
- Recent ROE (-202.16%) is below the historical average (-28.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.63% | 5.89% | 0.43x | 1.44x | €-186.86 Million |
| 2015 | 5.58% | 7.91% | 0.49x | 1.45x | €-134.24 Million |
| 2016 | 6.18% | 8.57% | 0.49x | 1.46x | €-120.37 Million |
| 2017 | 8.07% | 11.28% | 0.47x | 1.53x | €-63.16 Million |
| 2018 | 3.92% | 5.99% | 0.47x | 1.39x | €-230.05 Million |
| 2019 | 5.29% | 9.17% | 0.39x | 1.49x | €-176.09 Million |
| 2020 | -2.73% | -6.41% | 0.26x | 1.64x | €-441.10 Million |
| 2021 | 1.60% | 3.77% | 0.29x | 1.48x | €-304.50 Million |
| 2022 | -5.78% | -13.08% | 0.29x | 1.53x | €-542.02 Million |
| 2023 | -137.50% | -131.19% | 0.57x | 1.84x | €-2.61 Billion |
| 2024 | -202.16% | -101.12% | 0.88x | 2.28x | €-1.77 Billion |
Industry Comparison
This section compares The Star Entertainment Group Limited's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $2,033,414,000
- Average return on equity (ROE) among peers: -25.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Star Entertainment Group Limited (EE9) | €814.30 Million | 3.63% | 1.32x | $348.40 Million |
| SJM HOLDINGS UNSP.ADR/4 (3MG1) | $20.41 Billion | -20.31% | 1.45x | $1.66 Billion |
| SANDS CHINA ADR/1 O.N. (599) | $1.40 Billion | 63.95% | 6.55x | $14.41 Billion |
| Sands China Ltd (599A) | $4.41 Billion | 42.53% | 1.73x | $11.26 Billion |
| Wynn Macau Limited (8WY) | $2.45 Billion | 58.52% | 16.51x | $3.09 Billion |
| WYNN MACAU LTD ADR/10 (8WY0) | $-15.81 Billion | 0.00% | 0.00x | $3.19 Billion |
| MGM China Holdings Limited (M04) | $1.20 Billion | -321.38% | 22.76x | $4.48 Billion |
| Melco Resorts & Entertainment Limited (MAS) | $1.84 Billion | -68.74% | 3.91x | $1.56 Billion |
| NagaCorp Ltd (N9J) | $2.40 Billion | 12.90% | 0.15x | $1.21 Billion |
| Regenbogen AG (RGB) | $7.48 Million | 7.46% | 2.18x | $11.46 Million |
About The Star Entertainment Group Limited
The Star Entertainment Group Limited operates and manages integrated resorts in Australia. It operates through three segments: Sydney, Gold Coast, Treasury Brisbane, and The Star Brisbane. The company owns and operates The Star Sydney and The Star Gold Coast, which include hotels, restaurants, bars, theatres, and other entertainment facilities. It also manages the Gold Coast Convention and Exhibi… Read more