Bid Corporation Ltd (BID) - Net Assets

Latest as of June 2025: ZAC47.67 Billion ZAC

Based on the latest financial reports, Bid Corporation Ltd (BID) has net assets worth ZAC47.67 Billion ZAC as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC120.96 Billion) and total liabilities (ZAC73.29 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC47.67 Billion
% of Total Assets 39.41%
Annual Growth Rate 12.52%
5-Year Change 69.73%
10-Year Change 96.85%
Growth Volatility 12.74

Bid Corporation Ltd - Net Assets Trend (2013–2025)

This chart illustrates how Bid Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Bid Corporation Ltd (2013–2025)

The table below shows the annual net assets of Bid Corporation Ltd from 2013 to 2025.

Year Net Assets Change
2025-06-30 ZAC47.67 Billion +12.11%
2024-06-30 ZAC42.52 Billion +5.80%
2023-06-30 ZAC40.19 Billion +29.23%
2022-06-30 ZAC31.10 Billion +10.74%
2021-06-30 ZAC28.09 Billion +0.54%
2020-06-30 ZAC27.94 Billion -2.77%
2019-06-30 ZAC28.74 Billion +7.27%
2018-06-30 ZAC26.79 Billion +13.17%
2017-06-30 ZAC23.67 Billion -2.25%
2016-06-30 ZAC24.22 Billion +36.44%
2015-06-30 ZAC17.75 Billion +15.17%
2014-06-30 ZAC15.41 Billion +33.11%
2013-06-30 ZAC11.58 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Bid Corporation 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 grown by 239.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings ZAC28.53 Billion 60.33%
Common Stock ZAC6.11 Billion 12.91%
Other Comprehensive Income ZAC12.75 Billion 26.97%
Total Equity ZAC47.30 Billion 100.00%

Bid Corporation Ltd Competitors by Market Cap

The table below lists competitors of Bid Corporation Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bid Corporation Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 42,190,148,000 to 47,295,388,000, a change of 5,105,240,000 (12.1%).
  • Net income of 8,174,172,000 contributed positively to equity growth.
  • Dividend payments of 3,781,697,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,047,061,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC8.17 Billion +17.28%
Dividends Paid ZAC3.78 Billion -8.0%
Other Comprehensive Income ZAC1.05 Billion +2.21%
Other Changes ZAC-334.30 Million -0.71%
Total Change ZAC- 12.10%

Book Value vs Market Value Analysis

This analysis compares Bid Corporation 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: 293.98x
  • 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 decreased from 1187.18x to 293.98x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-06-30 ZAC34.77 ZAC41277.00 x
2014-06-30 ZAC46.31 ZAC41277.00 x
2015-06-30 ZAC53.38 ZAC41277.00 x
2016-06-30 ZAC72.57 ZAC41277.00 x
2017-06-30 ZAC70.76 ZAC41277.00 x
2018-06-30 ZAC79.56 ZAC41277.00 x
2019-06-30 ZAC85.36 ZAC41277.00 x
2020-06-30 ZAC82.67 ZAC41277.00 x
2021-06-30 ZAC83.26 ZAC41277.00 x
2022-06-30 ZAC92.08 ZAC41277.00 x
2023-06-30 ZAC118.85 ZAC41277.00 x
2024-06-30 ZAC125.54 ZAC41277.00 x
2025-06-30 ZAC140.41 ZAC41277.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bid Corporation 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): 17.28%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.47%
  • • Asset Turnover: 1.95x
  • • Equity Multiplier: 2.56x
  • Recent ROE (17.28%) is above the historical average (14.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 12.81% 1.92% 2.35x 2.83x ZAC323.72 Million
2014 12.74% 2.04% 2.45x 2.54x ZAC420.28 Million
2015 14.22% 2.29% 2.50x 2.49x ZAC746.52 Million
2016 13.62% 2.42% 2.41x 2.34x ZAC871.51 Million
2017 17.02% 3.06% 2.40x 2.31x ZAC1.65 Billion
2018 13.35% 2.97% 1.93x 2.33x ZAC888.48 Million
2019 14.40% 3.18% 1.99x 2.28x ZAC1.25 Billion
2020 4.05% 0.93% 1.69x 2.59x ZAC-1.65 Billion
2021 11.09% 2.69% 1.66x 2.48x ZAC303.33 Million
2022 15.64% 3.28% 1.85x 2.58x ZAC1.74 Billion
2023 17.30% 3.51% 1.84x 2.68x ZAC2.91 Billion
2024 18.99% 3.55% 2.10x 2.55x ZAC3.79 Billion
2025 17.28% 3.47% 1.95x 2.56x ZAC3.44 Billion

Industry Comparison

This section compares Bid Corporation Ltd's net assets metrics with peer companies in the Food Distribution industry.

Industry Context

  • Industry: Food Distribution
  • Average net assets among peers: $1,536,796,000
  • Average return on equity (ROE) among peers: -31.26%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bid Corporation Ltd (BID) ZAC47.67 Billion 12.81% 1.54x $7.37 Billion
Famous Brands Ltd (FBR) $1.54 Billion -31.26% 2.23x $281.17 Million

About Bid Corporation Ltd

JSE:BID South Africa Food Distribution
Market Cap
$7.37 Billion
ZAC13.87 Trillion ZAC
Market Cap Rank
#2585 Global
#20 in South Africa
Share Price
ZAC41277.00
Change (1 day)
+0.11%
52-Week Range
ZAC39838.00 - ZAC47941.00
All Time High
ZAC47941.00
About

Bid Corporation Limited engages in the provision of foodservice solutions in the United Kingdom, Australia, the Netherlands, Italy, New Zealand, Czech Republic, Belgium, South Africa, the People's Republic of China, Hong Kong, and internationally. The company distributes fresh ingredients, including fish, seafood, meat, produce, dairy products, liquor, and ambient goods for the hospitality, insti… Read more