South Ocean Holdings Ltd (SOH) - Net Assets

Latest as of December 2025: ZAC655.43 Million ZAC ≈ $348.33K USD

Based on the latest financial reports, South Ocean Holdings Ltd (SOH) has net assets worth ZAC655.43 Million ZAC (≈ $348.33K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.43 Billion ≈ $761.81K USD) and total liabilities (ZAC778.02 Million ≈ $413.48K 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 South Ocean Holdings Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC655.43 Million
% of Total Assets 45.72%
Annual Growth Rate 9.54%
5-Year Change 15.54%
10-Year Change 23.7%
Growth Volatility 100.82

South Ocean Holdings Ltd - Net Assets Trend (2006–2025)

This chart illustrates how South Ocean Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See South Ocean Holdings Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for South Ocean Holdings Ltd (2006–2025)

The table below shows the annual net assets of South Ocean Holdings Ltd from 2006 to 2025. For live valuation and market cap data, see South Ocean Holdings Ltd stock valuation.

Year Net Assets Change
2025-12-31 ZAC655.43 Million
≈ $348.33K		 -3.89%
2024-12-31 ZAC681.92 Million
≈ $362.41K		 +1.71%
2023-12-31 ZAC670.43 Million
≈ $356.30K		 +12.88%
2022-12-31 ZAC593.93 Million
≈ $315.64K		 +4.70%
2021-12-31 ZAC567.25 Million
≈ $301.47K		 +13.84%
2020-12-31 ZAC498.27 Million
≈ $264.80K		 +5.72%
2019-12-31 ZAC471.31 Million
≈ $250.48K		 -3.58%
2018-12-31 ZAC488.82 Million
≈ $259.78K		 +3.57%
2017-12-31 ZAC471.95 Million
≈ $250.82K		 -10.93%
2016-12-31 ZAC529.87 Million
≈ $281.60K		 -7.00%
2015-12-31 ZAC569.73 Million
≈ $302.78K		 -2.14%
2014-12-31 ZAC582.16 Million
≈ $309.39K		 +6.97%
2013-12-31 ZAC544.25 Million
≈ $289.24K		 -18.14%
2012-12-31 ZAC664.87 Million
≈ $353.34K		 -15.09%
2011-12-31 ZAC782.99 Million
≈ $416.12K		 +6.26%
2010-12-31 ZAC736.85 Million
≈ $391.60K		 +6.83%
2009-12-31 ZAC689.77 Million
≈ $366.58K		 +4.81%
2008-12-31 ZAC658.12 Million
≈ $349.75K		 +2.95%
2007-12-31 ZAC639.24 Million
≈ $339.72K		 +450.46%
2006-12-31 ZAC116.13 Million
≈ $61.72K		 --

Equity Component Analysis

This analysis shows how different components contribute to South Ocean 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 25043800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ZAC250.44 Million 35.16%
Common Stock ZAC1.74 Million 0.24%
Other Comprehensive Income ZAC485.00K 0.07%
Other Components ZAC459.60 Million 64.53%
Total Equity ZAC712.27 Million 100.00%

South Ocean Holdings Ltd Competitors by Market Cap

The table below lists competitors of South Ocean Holdings Ltd ranked by their market capitalization.

Company Market Cap
Indiana Resources Ltd
AU:IDA
 $10.48 Million
Dromeas SA
AT:DROME
 $10.49 Million
Jeonjinbio Co. Ltd
KQ:110020
 $10.49 Million
Greenland Acquisition Corp
NASDAQ:GTEC
 $10.50 Million
Conneqt Health Limited
AU:CQT
 $10.47 Million
Huize Holding Ltd
NASDAQ:HUIZ
 $10.47 Million
Straker Ltd
AU:STG
 $10.47 Million
Titan Logix Corp.
V:TLA
 $10.47 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 709,630,000 to 712,266,000, a change of 2,636,000 (0.4%).
  • Net loss of 15,278,000 reduced equity.
  • Dividend payments of 11,180,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 17,999.
  • Other factors increased equity by 29,111,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC-15.28 Million -2.14%
Dividends Paid ZAC11.18 Million -1.57%
Other Comprehensive Income ZAC-18.00K -0.0%
Other Changes ZAC29.11 Million +4.09%
Total Change ZAC- 0.37%

Book Value vs Market Value Analysis

This analysis compares South Ocean 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: 27.68x
  • 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 68.82x to 27.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 ZAC1.41 ZAC97.00 x
2007-12-31 ZAC4.93 ZAC97.00 x
2008-12-31 ZAC4.21 ZAC97.00 x
2009-12-31 ZAC4.41 ZAC97.00 x
2010-12-31 ZAC4.71 ZAC97.00 x
2011-12-31 ZAC5.01 ZAC97.00 x
2012-12-31 ZAC4.25 ZAC97.00 x
2013-12-31 ZAC3.48 ZAC97.00 x
2014-12-31 ZAC3.72 ZAC97.00 x
2015-12-31 ZAC3.64 ZAC97.00 x
2016-12-31 ZAC3.39 ZAC97.00 x
2017-12-31 ZAC3.02 ZAC97.00 x
2018-12-31 ZAC2.60 ZAC97.00 x
2019-12-31 ZAC2.32 ZAC97.00 x
2020-12-31 ZAC2.45 ZAC97.00 x
2021-12-31 ZAC2.79 ZAC97.00 x
2022-12-31 ZAC2.93 ZAC97.00 x
2023-12-31 ZAC3.30 ZAC97.00 x
2024-12-31 ZAC3.49 ZAC97.00 x
2025-12-31 ZAC3.50 ZAC97.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently South Ocean 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): -2.14%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.61%
  • • Asset Turnover: 1.75x
  • • Equity Multiplier: 2.01x
  • Recent ROE (-2.14%) is below the historical average (3.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 47.50% 12.04% 1.95x 2.03x ZAC43.55 Million
2007 19.68% 14.75% 0.91x 1.47x ZAC61.87 Million
2008 9.28% 5.38% 1.15x 1.50x ZAC-4.71 Million
2009 4.59% 3.30% 1.04x 1.34x ZAC-37.32 Million
2010 7.12% 4.61% 1.17x 1.32x ZAC-21.21 Million
2011 5.85% 3.63% 1.17x 1.38x ZAC-32.51 Million
2012 -17.79% -8.41% 1.37x 1.54x ZAC-184.77 Million
2013 -22.31% -7.18% 1.78x 1.74x ZAC-175.87 Million
2014 6.44% 2.19% 1.71x 1.73x ZAC-20.70 Million
2015 -2.44% -0.84% 1.82x 1.60x ZAC-70.89 Million
2016 -7.39% -2.20% 1.88x 1.78x ZAC-92.13 Million
2017 -12.15% -4.02% 1.61x 1.87x ZAC-104.55 Million
2018 -0.75% -0.21% 2.01x 1.76x ZAC-52.55 Million
2019 -3.65% -1.11% 2.21x 1.50x ZAC-64.35 Million
2020 5.41% 1.55% 2.51x 1.39x ZAC-22.89 Million
2021 13.23% 3.75% 2.65x 1.33x ZAC18.34 Million
2022 7.55% 2.40% 2.12x 1.49x ZAC-14.58 Million
2023 13.22% 3.75% 2.18x 1.62x ZAC21.59 Million
2024 4.78% 1.32% 2.08x 1.74x ZAC-37.07 Million
2025 -2.14% -0.61% 1.75x 2.01x ZAC-86.50 Million

Industry Comparison

This section compares South Ocean Holdings Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $4,061,100,000
  • Average return on equity (ROE) among peers: 28.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
South Ocean Holdings Ltd (SOH) ZAC655.43 Million 47.50% 1.19x $10.48 Million
Reunert (RLO) $4.06 Billion 28.90% 0.90x $494.87 Million

About South Ocean Holdings Ltd

JSE:SOH South Africa Electrical Equipment & Parts
Market Cap
$10.48 Million
ZAC19.72 Billion ZAC
Market Cap Rank
#26922 Global
#198 in South Africa
Share Price
ZAC97.00
Change (1 day)
-1.02%
52-Week Range
ZAC54.00 - ZAC175.00
All Time High
ZAC285.00
Categories
Companies in South Africa Electrical Equipment & Parts
About

South Ocean Holdings Limited, an investment holding company, manufactures and distributes electrical wires in South Africa. The company offers bare copper earth wires, general purpose house wires, flat-twin and earth cables, surface wiring products, twin illumination cables, cabtyres, single core flex, solid panel wires, flex power products, ripcord, mains cord, submersible pump cables, nitrile t… Read more