Naspers Limited (NPN) - Net Assets

Latest as of September 2025: ZAC55.66 Billion ZAC ≈ $29.58 Million USD

Based on the latest financial reports, Naspers Limited (NPN) has net assets worth ZAC55.66 Billion ZAC (≈ $29.58 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC80.21 Billion ≈ $42.63 Million USD) and total liabilities (ZAC24.55 Billion ≈ $13.05 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 Naspers Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ZAC55.66 Billion
% of Total Assets	69.39%
Annual Growth Rate	22.21%
5-Year Change	25.33%
10-Year Change	380.67%
Growth Volatility	37.69

Naspers Limited - Net Assets Trend (2002–2025)

This chart illustrates how Naspers Limited's net assets have evolved over time, based on quarterly financial data. Also explore NPN total asset value for the complete picture of this company's asset base.

Annual Net Assets for Naspers Limited (2002–2025)

The table below shows the annual net assets of Naspers Limited from 2002 to 2025. For live valuation and market cap data, see NPN stock market capitalisation.

Year	Net Assets	Change
2025-03-31	ZAC51.21 Billion ≈ $27.22 Million	+24.05%
2024-03-31	ZAC41.28 Billion ≈ $21.94 Million	-7.45%
2023-03-31	ZAC44.60 Billion ≈ $23.71 Million	-11.02%
2022-03-31	ZAC50.13 Billion ≈ $26.64 Million	+22.68%
2021-03-31	ZAC40.86 Billion ≈ $21.72 Million	+36.53%
2020-03-31	ZAC29.93 Billion ≈ $15.91 Million	+6.39%
2019-03-31	ZAC28.13 Billion ≈ $14.95 Million	+9.50%
2018-03-31	ZAC25.69 Billion ≈ $13.65 Million	+67.25%
2017-03-31	ZAC15.36 Billion ≈ $8.16 Million	+44.18%
2016-03-31	ZAC10.65 Billion ≈ $5.66 Million	+54.39%
2015-03-31	ZAC6.90 Billion ≈ $3.67 Million	+7.29%
2014-03-31	ZAC6.43 Billion ≈ $3.42 Million	+6.42%
2013-03-31	ZAC6.04 Billion ≈ $3.21 Million	-6.50%
2012-03-31	ZAC6.46 Billion ≈ $3.44 Million	+2.81%
2011-03-31	ZAC6.29 Billion ≈ $3.34 Million	+30.32%
2010-03-31	ZAC4.82 Billion ≈ $2.56 Million	+30.01%
2009-03-31	ZAC3.71 Billion ≈ $1.97 Million	-9.08%
2008-03-31	ZAC4.08 Billion ≈ $2.17 Million	+37.42%
2007-03-31	ZAC2.97 Billion ≈ $1.58 Million	+150.58%
2006-03-31	ZAC1.19 Billion ≈ $629.95K	+7.64%
2005-03-31	ZAC1.10 Billion ≈ $585.24K	+102.53%
2004-03-31	ZAC543.73 Million ≈ $288.96K	+12.58%
2003-03-31	ZAC482.97 Million ≈ $256.68K	-4.88%
2002-03-31	ZAC507.77 Million ≈ $269.86K	--

Equity Component Analysis

This analysis shows how different components contribute to Naspers 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 grown by 4345000000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	ZAC43.45 Billion	195.85%
Common Stock	ZAC4.00 Million	0.02%
Total Equity	ZAC22.18 Billion	100.00%

Naspers Limited Competitors by Market Cap

The table below lists competitors of Naspers Limited ranked by their market capitalization.

Company	Market Cap
Take-Two Interactive Software Inc NASDAQ:TTWO	$36.67 Billion
AHOLD DELHAI.ADR16 EO-25 F:AHOD	$36.74 Billion
Commerzbank AG F:ZZMS	$36.76 Billion
UltraTech Cement Limited NSE:ULTRACEMCO	$36.85 Billion
EQT Corporation NYSE:EQT	$36.61 Billion
Woodside Energy Group Ltd NYSE:WDS	$36.54 Billion
Gold Fields Limited F:EDG	$36.39 Billion
Samsung SDI KO:006400	$36.39 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 17,872,000,000 to 22,185,000,000, a change of 4,313,000,000 (24.1%).
Net income of 5,242,000,000 contributed positively to equity growth.
Dividend payments of 262,000,000 reduced retained earnings.
Share repurchases of 3,458,000,000 reduced equity.
New share issuances of 3,587,000,000 increased equity.
Other comprehensive income increased equity by 27,477,000,000.
Other factors decreased equity by 28,273,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	ZAC5.24 Billion	+23.63%
Dividends Paid	ZAC262.00 Million	-1.18%
Share Repurchases	ZAC3.46 Billion	-15.59%
Share Issuances	ZAC3.59 Billion	+16.17%
Other Comprehensive Income	ZAC27.48 Billion	+123.85%
Other Changes	ZAC-28.27 Billion	-127.44%
Total Change	ZAC-	24.13%

Book Value vs Market Value Analysis

This analysis compares Naspers 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: 17304.30x
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 40014.27x to 17304.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-03-31	ZAC2.24	ZAC89776.00	x
2002-03-31	ZAC0.84	ZAC89776.00	x
2003-03-31	ZAC1.50	ZAC89776.00	x
2004-03-31	ZAC1.90	ZAC89776.00	x
2005-03-31	ZAC3.64	ZAC89776.00	x
2006-03-31	ZAC3.85	ZAC89776.00	x
2007-03-31	ZAC9.46	ZAC89776.00	x
2008-03-31	ZAC10.85	ZAC89776.00	x
2009-03-31	ZAC9.46	ZAC89776.00	x
2010-03-31	ZAC11.87	ZAC89776.00	x
2011-03-31	ZAC15.29	ZAC89776.00	x
2012-03-31	ZAC15.94	ZAC89776.00	x
2013-03-31	ZAC14.75	ZAC89776.00	x
2014-03-31	ZAC15.39	ZAC89776.00	x
2015-03-31	ZAC16.40	ZAC89776.00	x
2016-03-31	ZAC24.46	ZAC89776.00	x
2017-03-31	ZAC34.57	ZAC89776.00	x
2018-03-31	ZAC58.94	ZAC89776.00	x
2019-03-31	ZAC63.80	ZAC89776.00	x
2020-03-31	ZAC49.60	ZAC89776.00	x
2021-03-31	ZAC68.22	ZAC89776.00	x
2022-03-31	ZAC2.83	ZAC89776.00	x
2023-03-31	ZAC3.64	ZAC89776.00	x
2024-03-31	ZAC3.83	ZAC89776.00	x
2025-03-31	ZAC5.19	ZAC89776.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Naspers 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): 23.63%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 73.00%
• Asset Turnover: 0.10x
• Equity Multiplier: 3.30x
Recent ROE (23.63%) is above the historical average (14.57%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	39.17%	11.08%	0.49x	7.20x	ZAC92.95 Million
2002	-138.72%	-19.55%	0.59x	12.01x	ZAC-182.07 Million
2003	9.28%	2.91%	0.92x	3.47x	ZAC-3.21 Million
2004	11.67%	2.90%	0.98x	4.11x	ZAC8.46 Million
2005	39.22%	18.63%	0.90x	2.35x	ZAC311.29 Million
2006	44.82%	20.31%	0.91x	2.44x	ZAC402.98 Million
2007	10.36%	11.23%	0.61x	1.52x	ZAC10.53 Million
2008	12.72%	19.77%	0.36x	1.78x	ZAC106.70 Million
2009	17.15%	21.58%	0.49x	1.62x	ZAC253.08 Million
2010	9.68%	11.63%	0.49x	1.71x	ZAC-14.76 Million
2011	12.94%	15.90%	0.47x	1.72x	ZAC174.78 Million
2012	6.09%	7.33%	0.49x	1.71x	ZAC-242.18 Million
2013	11.25%	12.03%	0.49x	1.93x	ZAC72.81 Million
2014	8.69%	9.17%	0.49x	1.94x	ZAC-81.50 Million
2015	17.37%	19.19%	0.47x	1.95x	ZAC490.10 Million
2016	9.69%	16.76%	0.35x	1.63x	ZAC-31.40 Million
2017	19.53%	47.90%	0.28x	1.47x	ZAC1.43 Billion
2018	44.50%	170.53%	0.19x	1.39x	ZAC8.80 Billion
2019	24.65%	209.69%	0.10x	1.20x	ZAC4.10 Billion
2020	14.24%	77.41%	0.11x	1.67x	ZAC922.00 Million
2021	18.17%	89.38%	0.11x	1.84x	ZAC2.38 Billion
2022	59.39%	153.94%	0.11x	3.47x	ZAC10.16 Billion
2023	22.84%	63.90%	0.10x	3.45x	ZAC2.44 Billion
2024	15.97%	44.39%	0.10x	3.48x	ZAC1.07 Billion
2025	23.63%	73.00%	0.10x	3.30x	ZAC3.02 Billion

Industry Comparison

This section compares Naspers Limited's net assets metrics with peer companies in the Internet Retail industry.

No peer company data available for comparison.

About Naspers Limited

JSE:NPN South Africa Internet Retail

Market Cap

$36.64 Billion

ZAC68.94 Trillion ZAC

Market Cap Rank

#726 Global

#4 in South Africa

Share Price

ZAC89776.00

Change (1 day)

+0.15%

52-Week Range

ZAC84438.00 - ZAC625468.00

All Time High

ZAC625468.00