Shoprite Holdings Ltd (SHP) - Net Assets
Based on the latest financial reports, Shoprite Holdings Ltd (SHP) has net assets worth ZAC30.12 Billion ZAC (≈ $16.01 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC124.94 Billion ≈ $66.40 Million USD) and total liabilities (ZAC94.83 Billion ≈ $50.40 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 SHP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC30.12 Billion |
| % of Total Assets | 24.1% |
| Annual Growth Rate | 13.96% |
| 5-Year Change | 42.03% |
| 10-Year Change | 40.71% |
| Growth Volatility | 19.17 |
Shoprite Holdings Ltd - Net Assets Trend (2002–2025)
This chart illustrates how Shoprite Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Shoprite Holdings Ltd for the complete picture of this company's asset base.
Annual Net Assets for Shoprite Holdings Ltd (2002–2025)
The table below shows the annual net assets of Shoprite Holdings Ltd from 2002 to 2025. For live valuation and market cap data, see Shoprite Holdings Ltd (SHP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC30.12 Billion ≈ $16.01 Million |
+8.63% |
| 2024-06-30 | ZAC27.72 Billion ≈ $14.73 Million |
+5.50% |
| 2023-06-30 | ZAC26.28 Billion ≈ $13.97 Million |
+2.54% |
| 2022-06-30 | ZAC25.63 Billion ≈ $13.62 Million |
+20.86% |
| 2021-06-30 | ZAC21.20 Billion ≈ $11.27 Million |
+6.05% |
| 2020-06-30 | ZAC19.99 Billion ≈ $10.63 Million |
-23.62% |
| 2019-06-30 | ZAC26.18 Billion ≈ $13.91 Million |
-4.73% |
| 2018-06-30 | ZAC27.48 Billion ≈ $14.60 Million |
-0.98% |
| 2017-06-30 | ZAC27.75 Billion ≈ $14.75 Million |
+29.65% |
| 2016-06-30 | ZAC21.40 Billion ≈ $11.37 Million |
+11.71% |
| 2015-06-30 | ZAC19.16 Billion ≈ $10.18 Million |
+10.86% |
| 2014-06-30 | ZAC17.28 Billion ≈ $9.19 Million |
+13.31% |
| 2013-06-30 | ZAC15.25 Billion ≈ $8.11 Million |
+19.09% |
| 2012-06-30 | ZAC12.81 Billion ≈ $6.81 Million |
+79.29% |
| 2011-06-30 | ZAC7.14 Billion ≈ $3.80 Million |
+19.62% |
| 2010-06-30 | ZAC5.97 Billion ≈ $3.17 Million |
+18.74% |
| 2009-06-30 | ZAC5.03 Billion ≈ $2.67 Million |
+4.37% |
| 2008-06-30 | ZAC4.82 Billion ≈ $2.56 Million |
+30.64% |
| 2007-06-30 | ZAC3.69 Billion ≈ $1.96 Million |
+19.65% |
| 2006-06-30 | ZAC3.08 Billion ≈ $1.64 Million |
+43.16% |
| 2005-06-30 | ZAC2.15 Billion ≈ $1.14 Million |
-0.59% |
| 2004-06-30 | ZAC2.17 Billion ≈ $1.15 Million |
+22.55% |
| 2003-06-30 | ZAC1.77 Billion ≈ $939.37K |
+18.61% |
| 2002-06-30 | ZAC1.49 Billion ≈ $791.95K |
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Equity Component Analysis
This analysis shows how different components contribute to Shoprite Holdings 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 3477900000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC34.78 Billion | 115.19% |
| Common Stock | ZAC7.52 Billion | 24.89% |
| Other Comprehensive Income | ZAC-8.35 Billion | -27.64% |
| Total Equity | ZAC30.19 Billion | 100.00% |
Shoprite Holdings Ltd Competitors by Market Cap
The table below lists competitors of Shoprite Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Terawulf Inc
NASDAQ:WULF
|
$8.07 Billion |
|
SRF Limited
NSE:SRF
|
$8.07 Billion |
|
Sichuan Kelun Pharmaceutical Co Ltd
SHE:002422
|
$8.08 Billion |
|
Unity Software Inc
NYSE:U
|
$8.09 Billion |
|
Semtech Corporation
NASDAQ:SMTC
|
$8.06 Billion |
|
Menora Miv Hld
TA:MMHD
|
$8.06 Billion |
|
Watts Water Technologies Inc
NYSE:WTS
|
$8.05 Billion |
|
Shenzhen Chengxin Lithium Group Co Ltd
SHE:002240
|
$8.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shoprite Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 27,791,000,000 to 30,194,000,000, a change of 2,403,000,000 (8.6%).
- Net income of 7,585,000,000 contributed positively to equity growth.
- Dividend payments of 3,985,000,000 reduced retained earnings.
- Share repurchases of 1,432,000,000 reduced equity.
- New share issuances of 38,000,000 increased equity.
- Other comprehensive income decreased equity by 64,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC7.58 Billion | +25.12% |
| Dividends Paid | ZAC3.98 Billion | -13.2% |
| Share Repurchases | ZAC1.43 Billion | -4.74% |
| Share Issuances | ZAC38.00 Million | +0.13% |
| Other Comprehensive Income | ZAC-64.00 Million | -0.21% |
| Other Changes | ZAC261.00 Million | +0.86% |
| Total Change | ZAC- | 8.65% |
Book Value vs Market Value Analysis
This analysis compares Shoprite Holdings 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: 505.28x
- 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 9984.96x to 505.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-06-30 | ZAC2.81 | ZAC28076.00 | x |
| 2003-06-30 | ZAC3.42 | ZAC28076.00 | x |
| 2004-06-30 | ZAC4.12 | ZAC28076.00 | x |
| 2005-06-30 | ZAC4.05 | ZAC28076.00 | x |
| 2006-06-30 | ZAC5.76 | ZAC28076.00 | x |
| 2007-06-30 | ZAC6.90 | ZAC28076.00 | x |
| 2008-06-30 | ZAC9.04 | ZAC28076.00 | x |
| 2009-06-30 | ZAC9.59 | ZAC28076.00 | x |
| 2010-06-30 | ZAC11.63 | ZAC28076.00 | x |
| 2011-06-30 | ZAC14.00 | ZAC28076.00 | x |
| 2012-06-30 | ZAC23.82 | ZAC28076.00 | x |
| 2013-06-30 | ZAC28.38 | ZAC28076.00 | x |
| 2014-06-30 | ZAC32.17 | ZAC28076.00 | x |
| 2015-06-30 | ZAC35.52 | ZAC28076.00 | x |
| 2016-06-30 | ZAC39.70 | ZAC28076.00 | x |
| 2017-06-30 | ZAC48.97 | ZAC28076.00 | x |
| 2018-06-30 | ZAC49.15 | ZAC28076.00 | x |
| 2019-06-30 | ZAC46.95 | ZAC28076.00 | x |
| 2020-06-30 | ZAC35.84 | ZAC28076.00 | x |
| 2021-06-30 | ZAC38.06 | ZAC28076.00 | x |
| 2022-06-30 | ZAC46.46 | ZAC28076.00 | x |
| 2023-06-30 | ZAC47.85 | ZAC28076.00 | x |
| 2024-06-30 | ZAC50.88 | ZAC28076.00 | x |
| 2025-06-30 | ZAC55.57 | ZAC28076.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shoprite Holdings 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): 25.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.00%
- • Asset Turnover: 2.02x
- • Equity Multiplier: 4.14x
- Recent ROE (25.12%) is below the historical average (25.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 27.18% | 1.80% | 3.54x | 4.26x | ZAC250.80 Million |
| 2003 | 24.33% | 1.70% | 3.63x | 3.94x | ZAC248.74 Million |
| 2004 | 26.16% | 2.09% | 3.36x | 3.73x | ZAC343.99 Million |
| 2005 | 26.88% | 1.90% | 3.49x | 4.05x | ZAC356.59 Million |
| 2006 | 29.53% | 2.68% | 3.37x | 3.27x | ZAC592.90 Million |
| 2007 | 29.83% | 2.79% | 3.28x | 3.26x | ZAC721.61 Million |
| 2008 | 33.32% | 3.33% | 3.21x | 3.12x | ZAC1.11 Billion |
| 2009 | 40.70% | 3.40% | 3.54x | 3.37x | ZAC1.52 Billion |
| 2010 | 38.74% | 3.39% | 3.75x | 3.05x | ZAC1.70 Billion |
| 2011 | 35.70% | 3.50% | 3.49x | 2.92x | ZAC1.82 Billion |
| 2012 | 23.75% | 3.66% | 2.68x | 2.42x | ZAC1.75 Billion |
| 2013 | 23.69% | 3.88% | 2.77x | 2.21x | ZAC2.08 Billion |
| 2014 | 21.66% | 3.65% | 2.52x | 2.35x | ZAC2.01 Billion |
| 2015 | 21.60% | 3.63% | 2.59x | 2.30x | ZAC2.21 Billion |
| 2016 | 22.69% | 3.72% | 2.69x | 2.26x | ZAC2.71 Billion |
| 2017 | 19.63% | 3.85% | 2.53x | 2.01x | ZAC2.66 Billion |
| 2018 | 18.99% | 3.58% | 2.35x | 2.26x | ZAC2.46 Billion |
| 2019 | 16.35% | 2.83% | 2.31x | 2.49x | ZAC1.65 Billion |
| 2020 | 16.91% | 2.14% | 1.90x | 4.17x | ZAC1.37 Billion |
| 2021 | 22.97% | 2.88% | 2.18x | 3.66x | ZAC2.73 Billion |
| 2022 | 22.41% | 3.10% | 2.01x | 3.59x | ZAC3.16 Billion |
| 2023 | 22.53% | 2.74% | 2.10x | 3.92x | ZAC3.27 Billion |
| 2024 | 22.48% | 2.60% | 2.14x | 4.04x | ZAC3.47 Billion |
| 2025 | 25.12% | 3.00% | 2.02x | 4.14x | ZAC4.57 Billion |
Industry Comparison
This section compares Shoprite Holdings Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $20,386,400,000
- Average return on equity (ROE) among peers: 27.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shoprite Holdings Ltd (SHP) | ZAC30.12 Billion | 27.18% | 3.15x | $8.07 Billion |
| Pick N Pay Stores Ltd (PIK) | $2.40 Billion | 46.32% | 3.92x | $766.77 Million |
| Pepkor Holdings Ltd (PPH) | $52.92 Billion | 6.71% | 0.65x | $4.31 Billion |
| Foschini Group Ltd (TFG) | $21.65 Billion | 13.97% | 1.45x | $1.20 Billion |
| Woolworths Holdings Ltd (WHL) | $4.57 Billion | 44.79% | 1.20x | $2.47 Billion |
About Shoprite Holdings Ltd
Shoprite Holdings Ltd, an investment holding company, engages in the food retail and wholesale business in South Africa and internationally. It operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, and Other Operating segments. The company also offers clothing, general merchandise, cosmetics, and liquor products. In addition, it distributes various pharmaceutical products and su… Read more