Sygnia Ltd
Sygnia Limited, a financial services group, provides investment management and administration services to institutional and retail clients primarily in South Africa. It offers multi-manager and index-tracking investment funds, customized multi-management, investment administration, and foreign exchange transacting services, transition management, stockbroking, and securities lending and trading s… Read more
Sygnia Ltd (SYG) - Net Assets
Latest net assets as of March 2025: ZAC825.86 Million ZAC
Based on the latest financial reports, Sygnia Ltd (SYG) has net assets worth ZAC825.86 Million ZAC as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC175.10 Billion) and total liabilities (ZAC174.28 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC825.86 Million |
| % of Total Assets | 0.47% |
| Annual Growth Rate | 20.97% |
| 5-Year Change | 20.97% |
| 10-Year Change | 493.31% |
| Growth Volatility | 56.5 |
Sygnia Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Sygnia Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sygnia Ltd (2014–2024)
The table below shows the annual net assets of Sygnia Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ZAC850.26 Million | +3.56% |
| 2023-09-30 | ZAC821.07 Million | -2.43% |
| 2022-09-30 | ZAC841.56 Million | +7.74% |
| 2021-09-30 | ZAC781.10 Million | +11.13% |
| 2020-09-30 | ZAC702.84 Million | +9.94% |
| 2019-09-30 | ZAC639.28 Million | +2.41% |
| 2018-09-30 | ZAC624.26 Million | +2.64% |
| 2017-09-30 | ZAC608.18 Million | +44.29% |
| 2016-09-30 | ZAC421.49 Million | +194.11% |
| 2015-09-30 | ZAC143.31 Million | +13.10% |
| 2014-09-30 | ZAC126.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sygnia 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 461.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC410.64 Million | 48.31% |
| Common Stock | ZAC678.17 Million | 79.79% |
| Other Comprehensive Income | ZAC-238.88 Million | -28.11% |
| Total Equity | ZAC849.93 Million | 100.00% |
Sygnia Ltd Competitors by Market Cap
The table below lists competitors of Sygnia Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INVEX Therapeutics Ltd
AU:IXC
|
$2.97 Million |
|
FalconStor Software Inc
PINK:FALC
|
$2.97 Million |
|
Prophecy International Holdings Ltd
AU:PRO
|
$2.97 Million |
|
Bangun Karya Perkasa Jaya
JK:KRYA
|
$2.98 Million |
|
Smart Powerr Corp
NASDAQ:CREG
|
$2.97 Million |
|
IMMO BLOCKCHAIN EO 1
F:QT5
|
$2.97 Million |
|
Audeara Ltd
AU:AUA
|
$2.97 Million |
|
Fresh2 Group Ltd
NASDAQ:FRES
|
$2.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sygnia Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 820,674,000 to 849,931,000, a change of 29,257,000 (3.6%).
- Net income of 346,665,000 contributed positively to equity growth.
- Dividend payments of 322,823,000 reduced retained earnings.
- New share issuances of 387,000 increased equity.
- Other comprehensive income decreased equity by 5,694,999.
- Other factors increased equity by 10,722,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC346.67 Million | +40.79% |
| Dividends Paid | ZAC322.82 Million | -37.98% |
| Share Issuances | ZAC387.00K | +0.05% |
| Other Comprehensive Income | ZAC-5.69 Million | -0.67% |
| Other Changes | ZAC10.72 Million | +1.26% |
| Total Change | ZAC- | 3.56% |
Book Value vs Market Value Analysis
This analysis compares Sygnia 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: 524.93x
- 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 2331.97x to 524.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-09-30 | ZAC1.24 | ZAC2901.00 | x |
| 2015-09-30 | ZAC1.41 | ZAC2901.00 | x |
| 2016-09-30 | ZAC3.12 | ZAC2901.00 | x |
| 2017-09-30 | ZAC4.52 | ZAC2901.00 | x |
| 2018-09-30 | ZAC4.23 | ZAC2901.00 | x |
| 2019-09-30 | ZAC4.36 | ZAC2901.00 | x |
| 2020-09-30 | ZAC4.90 | ZAC2901.00 | x |
| 2021-09-30 | ZAC5.39 | ZAC2901.00 | x |
| 2022-09-30 | ZAC5.46 | ZAC2901.00 | x |
| 2023-09-30 | ZAC5.32 | ZAC2901.00 | x |
| 2024-09-30 | ZAC5.53 | ZAC2901.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sygnia 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): 40.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.64%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 193.45x
- Recent ROE (40.79%) is above the historical average (28.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 30.36% | 1.27% | 0.14x | 170.59x | ZAC25.79 Million |
| 2015 | 41.39% | 2.17% | 0.10x | 194.72x | ZAC44.98 Million |
| 2016 | 17.15% | 2.51% | 0.07x | 94.48x | ZAC30.16 Million |
| 2017 | 15.22% | 2.42% | 0.08x | 74.62x | ZAC31.73 Million |
| 2018 | 16.17% | 1.88% | 0.07x | 129.53x | ZAC38.54 Million |
| 2019 | 19.70% | 1.94% | 0.07x | 146.79x | ZAC62.01 Million |
| 2020 | 29.32% | 1.73% | 0.11x | 153.68x | ZAC135.80 Million |
| 2021 | 30.78% | 32.62% | 0.01x | 164.47x | ZAC162.33 Million |
| 2022 | 34.07% | 35.45% | 0.01x | 151.64x | ZAC202.57 Million |
| 2023 | 36.53% | 35.53% | 0.01x | 174.42x | ZAC217.74 Million |
| 2024 | 40.79% | 36.64% | 0.01x | 193.45x | ZAC261.67 Million |
Industry Comparison
This section compares Sygnia Ltd's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $84,300,592,000
- Average return on equity (ROE) among peers: 2.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sygnia Ltd (SYG) | ZAC825.86 Million | 30.36% | 211.03x | $2.97 Million |
| Alexander Forbes Grp Hldg Ltd (AFH) | $2.26 Billion | -8.44% | 121.81x | $5.49 Million |
| Old Mutual Ltd (OMU) | $250.09 Billion | 2.47% | 0.00x | $33.64 Million |
| Purple Capital Ltd (PPE) | $551.40 Million | 12.87% | 0.53x | $1.55 Million |