South Ocean Holdings Ltd (SOH) - Net Assets

Latest as of June 2025: ZAC639.90 Million ZAC ≈ $340.07K USD

Based on the latest financial reports, South Ocean Holdings Ltd (SOH) has net assets worth ZAC639.90 Million ZAC (≈ $340.07K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.36 Billion ≈ $725.19K USD) and total liabilities (ZAC724.65 Million ≈ $385.12K 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 (SOH) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ZAC639.90 Million
% of Total Assets	46.89%
Annual Growth Rate	10.33%
5-Year Change	36.86%
10-Year Change	19.69%
Growth Volatility	103.36

South Ocean Holdings Ltd - Net Assets Trend (2006–2024)

This chart illustrates how South Ocean Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore South Ocean Holdings Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for South Ocean Holdings Ltd (2006–2024)

The table below shows the annual net assets of South Ocean Holdings Ltd from 2006 to 2024. For live valuation and market cap data, see South Ocean Holdings Ltd stock valuation.

Year	Net Assets	Change
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 24778400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	ZAC247.78 Million	34.92%
Common Stock	ZAC1.74 Million	0.25%
Other Comprehensive Income	ZAC503.00K	0.07%
Other Components	ZAC459.60 Million	64.77%
Total Equity	ZAC709.63 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
Kalo Gold Corp V:KALO	$10.80 Million
i2S SA PA:ALI2S	$10.81 Million
Lithium Plus Minerals Ltd AU:LPM	$10.81 Million
Quantum Software SA WAR:QNT	$10.82 Million
Ascendant Resources Inc TO:ASND	$10.80 Million
Mode Tour Real Estate Investment Trust Inc KO:204210	$10.79 Million
R. S. Software (India) Limited NSE:RSSOFTWARE	$10.79 Million
HiteJinro Co Ltd KO:000087	$10.79 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 2023 to 2024, total equity changed from 670,430,000 to 709,630,000, a change of 39,200,000 (5.8%).
Net income of 33,891,000 contributed positively to equity growth.
Dividend payments of 22,360,000 reduced retained earnings.
Other comprehensive income decreased equity by 18,001.
Other factors increased equity by 27,687,001.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	ZAC33.89 Million	+4.78%
Dividends Paid	ZAC22.36 Million	-3.15%
Other Comprehensive Income	ZAC-18.00K	-0.0%
Other Changes	ZAC27.69 Million	+3.9%
Total Change	ZAC-	5.85%

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: 28.65x
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 70.95x to 28.65x 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	ZAC100.00	x
2007-12-31	ZAC4.93	ZAC100.00	x
2008-12-31	ZAC4.21	ZAC100.00	x
2009-12-31	ZAC4.41	ZAC100.00	x
2010-12-31	ZAC4.71	ZAC100.00	x
2011-12-31	ZAC5.01	ZAC100.00	x
2012-12-31	ZAC4.25	ZAC100.00	x
2013-12-31	ZAC3.48	ZAC100.00	x
2014-12-31	ZAC3.72	ZAC100.00	x
2015-12-31	ZAC3.64	ZAC100.00	x
2016-12-31	ZAC3.39	ZAC100.00	x
2017-12-31	ZAC3.02	ZAC100.00	x
2018-12-31	ZAC2.60	ZAC100.00	x
2019-12-31	ZAC2.32	ZAC100.00	x
2020-12-31	ZAC2.45	ZAC100.00	x
2021-12-31	ZAC2.79	ZAC100.00	x
2022-12-31	ZAC2.93	ZAC100.00	x
2023-12-31	ZAC3.30	ZAC100.00	x
2024-12-31	ZAC3.49	ZAC100.00	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): 4.78%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.32%
• Asset Turnover: 2.08x
• Equity Multiplier: 1.74x
Recent ROE (4.78%) is above the historical average (4.11%), indicating improving 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

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)	ZAC639.90 Million	47.50%	1.13x	$10.80 Million
Reunert (RLO)	$4.06 Billion	28.90%	0.90x	$582.72 Million

About South Ocean Holdings Ltd

JSE:SOH South Africa Electrical Equipment & Parts

Market Cap

$10.80 Million

ZAC20.33 Billion ZAC

Market Cap Rank

#26691 Global

#195 in South Africa

Share Price

ZAC100.00

Change (1 day)

+0.00%

52-Week Range

ZAC92.00 - ZAC175.00

All Time High

ZAC285.00