Sea Harvest Group Ltd (SHG) - Net Assets
Based on the latest financial reports, Sea Harvest Group Ltd (SHG) has net assets worth ZAC4.11 Billion ZAC (≈ $2.18 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC9.52 Billion ≈ $5.06 Million USD) and total liabilities (ZAC5.41 Billion ≈ $2.88 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 SHG tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC4.11 Billion |
| % of Total Assets | 43.16% |
| Annual Growth Rate | 27.2% |
| 5-Year Change | 29.67% |
| 10-Year Change | 237.53% |
| Growth Volatility | 229.48 |
Sea Harvest Group Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Sea Harvest Group Ltd's net assets have evolved over time, based on quarterly financial data. See SHG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sea Harvest Group Ltd (2013–2025)
The table below shows the annual net assets of Sea Harvest Group Ltd from 2013 to 2025. For live valuation and market cap data, see Sea Harvest Group Ltd (SHG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ZAC4.11 Billion ≈ $2.18 Million |
+3.75% |
| 2024-12-31 | ZAC3.96 Billion ≈ $2.10 Million |
+17.26% |
| 2023-12-31 | ZAC3.38 Billion ≈ $1.79 Million |
+4.34% |
| 2022-12-31 | ZAC3.24 Billion ≈ $1.72 Million |
+2.16% |
| 2021-12-31 | ZAC3.17 Billion ≈ $1.68 Million |
+13.40% |
| 2020-12-31 | ZAC2.79 Billion ≈ $1.49 Million |
+11.16% |
| 2019-12-31 | ZAC2.51 Billion ≈ $1.34 Million |
+21.48% |
| 2018-12-31 | ZAC2.07 Billion ≈ $1.10 Million |
+32.14% |
| 2017-12-31 | ZAC1.57 Billion ≈ $832.24K |
+28.64% |
| 2016-12-31 | ZAC1.22 Billion ≈ $646.94K |
+835.74% |
| 2015-12-31 | ZAC130.09 Million ≈ $69.14K |
-30.13% |
| 2014-12-31 | ZAC186.19 Million ≈ $98.95K |
-18.67% |
| 2013-12-31 | ZAC228.92 Million ≈ $121.66K |
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Equity Component Analysis
This analysis shows how different components contribute to Sea Harvest Group 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 50027.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC1.91 Billion | 46.42% |
| Common Stock | ZAC2.13 Billion | 51.58% |
| Other Comprehensive Income | ZAC82.45 Million | 2.00% |
| Other Components | ZAC1.00 | 0.00% |
| Total Equity | ZAC4.12 Billion | 100.00% |
Sea Harvest Group Ltd Competitors by Market Cap
The table below lists competitors of Sea Harvest Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
P2 Gold Inc
V:PGLD
|
$144.22 Million |
|
MC Mining Ltd
AU:MCM
|
$144.35 Million |
|
Compugen
TA:CGEN
|
$144.39 Million |
|
CVC Ltd
AU:CVC
|
$144.42 Million |
|
Exicon Co. Ltd
KQ:092870
|
$144.18 Million |
|
Kimia Farma Persero Tbk
JK:KAEF
|
$144.17 Million |
|
Quirin Privatbank AG
F:QB7
|
$144.13 Million |
|
Map Boga Adiperkasa Tbk PT
JK:MAPB
|
$144.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sea Harvest Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,970,285,000 to 4,122,861,000, a change of 152,576,000 (3.8%).
- Net income of 275,999,000 contributed positively to equity growth.
- Dividend payments of 93,164,000 reduced retained earnings.
- Share repurchases of 56,022,000 reduced equity.
- Other comprehensive income increased equity by 4,113,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC276.00 Million | +6.69% |
| Dividends Paid | ZAC93.16 Million | -2.26% |
| Share Repurchases | ZAC56.02 Million | -1.36% |
| Other Comprehensive Income | ZAC4.11 Million | +0.1% |
| Other Changes | ZAC21.65 Million | +0.53% |
| Total Change | ZAC- | 3.84% |
Book Value vs Market Value Analysis
This analysis compares Sea Harvest Group 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: 69.60x
- 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 585.78x to 69.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ZAC1.40 | ZAC821.00 | x |
| 2014-12-31 | ZAC0.79 | ZAC821.00 | x |
| 2015-12-31 | ZAC0.80 | ZAC821.00 | x |
| 2016-12-31 | ZAC4.79 | ZAC821.00 | x |
| 2017-12-31 | ZAC6.18 | ZAC821.00 | x |
| 2018-12-31 | ZAC7.01 | ZAC821.00 | x |
| 2019-12-31 | ZAC8.47 | ZAC821.00 | x |
| 2020-12-31 | ZAC9.51 | ZAC821.00 | x |
| 2021-12-31 | ZAC11.02 | ZAC821.00 | x |
| 2022-12-31 | ZAC11.13 | ZAC821.00 | x |
| 2023-12-31 | ZAC11.86 | ZAC821.00 | x |
| 2024-12-31 | ZAC12.34 | ZAC821.00 | x |
| 2025-12-31 | ZAC11.80 | ZAC821.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sea Harvest Group 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): 6.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.15%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.31x
- Recent ROE (6.69%) is below the historical average (14.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 6.29% | 1.17% | 1.36x | 3.97x | ZAC-8.50 Million |
| 2014 | 20.41% | 2.82% | 1.30x | 5.59x | ZAC19.38 Million |
| 2015 | 33.13% | 3.16% | 1.22x | 8.59x | ZAC30.09 Million |
| 2016 | 20.31% | 10.80% | 1.04x | 1.80x | ZAC111.33 Million |
| 2017 | 18.56% | 12.17% | 0.83x | 1.84x | ZAC119.58 Million |
| 2018 | 15.50% | 10.89% | 0.53x | 2.67x | ZAC99.74 Million |
| 2019 | 16.92% | 10.40% | 0.72x | 2.26x | ZAC168.75 Million |
| 2020 | 15.64% | 9.84% | 0.76x | 2.10x | ZAC155.33 Million |
| 2021 | 15.10% | 10.18% | 0.67x | 2.20x | ZAC158.67 Million |
| 2022 | 9.75% | 5.29% | 0.77x | 2.40x | ZAC-7.89 Million |
| 2023 | 8.41% | 4.55% | 0.77x | 2.39x | ZAC-53.30 Million |
| 2024 | 5.72% | 3.16% | 0.73x | 2.48x | ZAC-170.07 Million |
| 2025 | 6.69% | 4.15% | 0.70x | 2.31x | ZAC-136.29 Million |
Industry Comparison
This section compares Sea Harvest Group Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,565,021,333
- Average return on equity (ROE) among peers: 3.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sea Harvest Group Ltd (SHG) | ZAC4.11 Billion | 6.29% | 1.32x | $144.19 Million |
| Astral Foods Ltd. (ARL) | $1.59 Billion | 27.45% | 1.14x | $483.11 Million |
| Crookes Brothers Ltd (CKS) | $1.01 Billion | -19.45% | 0.87x | $16.25 Million |
| Quantum Foods Holdings (QFH) | $2.10 Billion | 1.13% | 0.49x | $117.48 Million |
About Sea Harvest Group Ltd
Sea Harvest Group Limited engages in the fishing and fast-moving consumer goods business in South Africa, Europe, Australia, Asia, and internationally. It operates through four segments: South African Fishing, Aquaculture, Australian, Cape Harvest Foods. The company is involved catching, processing, and marketing cape hake, horse mackerel, pelagic fish, anchovy, pilchard, Spanish mackerel, fish t… Read more