Truworths International Ltd (TRU) - Net Assets

Latest as of December 2025: ZAC10.88 Billion ZAC ≈ $5.78 Million USD

Based on the latest financial reports, Truworths International Ltd (TRU) has net assets worth ZAC10.88 Billion ZAC (≈ $5.78 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 (ZAC20.19 Billion ≈ $10.73 Million USD) and total liabilities (ZAC9.31 Billion ≈ $4.95 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 how resilient are Truworths International Ltd's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC10.88 Billion
% of Total Assets 53.89%
Annual Growth Rate 10.6%
5-Year Change 73.33%
10-Year Change 24.42%
Growth Volatility 13.68

Truworths International Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Truworths International Ltd's net assets have evolved over time, based on quarterly financial data. Also explore TRU total assets for the complete picture of this company's asset base.

Annual Net Assets for Truworths International Ltd (2002–2025)

The table below shows the annual net assets of Truworths International Ltd from 2002 to 2025. For live valuation and market cap data, see TRU market cap.

Year Net Assets Change
2025-06-30 ZAC10.73 Billion
≈ $5.70 Million		 +12.89%
2024-06-30 ZAC9.51 Billion
≈ $5.05 Million		 +24.20%
2023-06-30 ZAC7.65 Billion
≈ $4.07 Million		 +25.35%
2022-06-30 ZAC6.11 Billion
≈ $3.25 Million		 -1.37%
2021-06-30 ZAC6.19 Billion
≈ $3.29 Million		 +3.05%
2020-06-30 ZAC6.01 Billion
≈ $3.19 Million		 -34.52%
2019-06-30 ZAC9.18 Billion
≈ $4.88 Million		 -11.52%
2018-06-30 ZAC10.37 Billion
≈ $5.51 Million		 +9.72%
2017-06-30 ZAC9.45 Billion
≈ $5.02 Million		 +9.57%
2016-06-30 ZAC8.62 Billion
≈ $4.58 Million		 +14.94%
2015-06-30 ZAC7.50 Billion
≈ $3.99 Million		 +12.98%
2014-06-30 ZAC6.64 Billion
≈ $3.53 Million		 +6.80%
2013-06-30 ZAC6.22 Billion
≈ $3.31 Million		 +3.98%
2012-06-30 ZAC5.98 Billion
≈ $3.18 Million		 +18.53%
2011-06-30 ZAC5.05 Billion
≈ $2.68 Million		 +15.44%
2010-06-30 ZAC4.37 Billion
≈ $2.32 Million		 +23.09%
2009-06-30 ZAC3.55 Billion
≈ $1.89 Million		 +21.61%
2008-06-30 ZAC2.92 Billion
≈ $1.55 Million		 +21.46%
2007-06-30 ZAC2.40 Billion
≈ $1.28 Million		 +26.00%
2006-06-30 ZAC1.91 Billion
≈ $1.01 Million		 +5.03%
2005-06-30 ZAC1.82 Billion
≈ $965.48K		 +21.08%
2004-06-30 ZAC1.50 Billion
≈ $797.39K		 +12.32%
2003-06-30 ZAC1.34 Billion
≈ $709.91K		 +26.30%
2002-06-30 ZAC1.06 Billion
≈ $562.06K		 --

Equity Component Analysis

This analysis shows how different components contribute to Truworths International 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 1093.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings ZAC11.92 Billion 111.08%
Other Comprehensive Income ZAC593.00 Million 5.53%
Total Equity ZAC10.73 Billion 100.00%

Truworths International Ltd Competitors by Market Cap

The table below lists competitors of Truworths International Ltd ranked by their market capitalization.

Company Market Cap
Unilumin Group Co Ltd
SHE:300232
 $1.04 Billion
Xeris Pharmaceuticals Inc
NASDAQ:XERS
 $1.04 Billion
MidCap Financial Investment Corporation
NASDAQ:MFIC
 $1.04 Billion
Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991
 $1.04 Billion
Guilin Seamild Foods Co Ltd
SHE:002956
 $1.04 Billion
Northeast Pharmaceutical Group Co Ltd
SHE:000597
 $1.04 Billion
U-Haul Holding Company
NYSE:UHAL
 $1.04 Billion
Zhejiang Zhongxin Fluoride Materials Co Ltd Class A
SHE:002915
 $1.04 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 9,506,000,000 to 10,731,000,000, a change of 1,225,000,000 (12.9%).
  • Net income of 2,790,000,000 contributed positively to equity growth.
  • Dividend payments of 1,972,000,000 reduced retained earnings.
  • New share issuances of 10,000,000 increased equity.
  • Other comprehensive income increased equity by 260,000,000.
  • Other factors increased equity by 137,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC2.79 Billion +26.0%
Dividends Paid ZAC1.97 Billion -18.38%
Share Issuances ZAC10.00 Million +0.09%
Other Comprehensive Income ZAC260.00 Million +2.42%
Other Changes ZAC137.00 Million +1.28%
Total Change ZAC- 12.89%

Book Value vs Market Value Analysis

This analysis compares Truworths International 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: 184.83x
  • 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 2317.97x to 184.83x 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 ZAC2.26 ZAC5236.00 x
2003-06-30 ZAC2.88 ZAC5236.00 x
2004-06-30 ZAC3.18 ZAC5236.00 x
2005-06-30 ZAC3.92 ZAC5236.00 x
2006-06-30 ZAC4.20 ZAC5236.00 x
2007-06-30 ZAC5.37 ZAC5236.00 x
2008-06-30 ZAC6.62 ZAC5236.00 x
2009-06-30 ZAC8.20 ZAC5236.00 x
2010-06-30 ZAC10.09 ZAC5236.00 x
2011-06-30 ZAC11.62 ZAC5236.00 x
2012-06-30 ZAC13.89 ZAC5236.00 x
2013-06-30 ZAC14.48 ZAC5236.00 x
2014-06-30 ZAC15.69 ZAC5236.00 x
2015-06-30 ZAC17.98 ZAC5236.00 x
2016-06-30 ZAC20.47 ZAC5236.00 x
2017-06-30 ZAC22.02 ZAC5236.00 x
2018-06-30 ZAC24.00 ZAC5236.00 x
2019-06-30 ZAC21.37 ZAC5236.00 x
2020-06-30 ZAC14.37 ZAC5236.00 x
2021-06-30 ZAC15.13 ZAC5236.00 x
2022-06-30 ZAC15.71 ZAC5236.00 x
2023-06-30 ZAC20.48 ZAC5236.00 x
2024-06-30 ZAC25.22 ZAC5236.00 x
2025-06-30 ZAC28.33 ZAC5236.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Truworths International 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): 26.00%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.08%
  • • Asset Turnover: 1.07x
  • • Equity Multiplier: 1.85x
  • Recent ROE (26.00%) is below the historical average (33.33%), 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 27.87% 14.86% 1.40x 1.34x ZAC189.04 Million
2003 29.26% 16.95% 1.25x 1.38x ZAC257.32 Million
2004 34.78% 19.04% 1.30x 1.40x ZAC368.87 Million
2005 36.08% 19.80% 1.27x 1.43x ZAC470.35 Million
2006 43.13% 19.64% 1.59x 1.38x ZAC632.20 Million
2007 45.11% 20.28% 1.60x 1.39x ZAC840.60 Million
2008 43.73% 20.20% 1.62x 1.34x ZAC985.00 Million
2009 40.38% 22.96% 1.39x 1.27x ZAC1.08 Billion
2010 36.70% 23.12% 1.28x 1.24x ZAC1.17 Billion
2011 38.51% 24.73% 1.26x 1.23x ZAC1.44 Billion
2012 37.20% 25.20% 1.28x 1.16x ZAC1.63 Billion
2013 38.72% 24.66% 1.34x 1.17x ZAC1.79 Billion
2014 36.22% 23.01% 1.29x 1.22x ZAC1.74 Billion
2015 32.78% 21.79% 1.23x 1.22x ZAC1.71 Billion
2016 32.51% 16.84% 0.98x 1.98x ZAC1.94 Billion
2017 29.92% 15.65% 1.12x 1.71x ZAC1.88 Billion
2018 25.49% 15.06% 1.13x 1.49x ZAC1.61 Billion
2019 9.50% 4.82% 1.35x 1.46x ZAC-45.50 Million
2020 -9.25% -3.39% 1.15x 2.38x ZAC-1.16 Billion
2021 31.51% 11.90% 1.31x 2.02x ZAC1.33 Billion
2022 49.97% 17.06% 1.33x 2.21x ZAC2.44 Billion
2023 42.79% 16.46% 1.23x 2.11x ZAC2.51 Billion
2024 40.89% 18.81% 1.11x 1.96x ZAC2.94 Billion
2025 26.00% 13.08% 1.07x 1.85x ZAC1.72 Billion

Industry Comparison

This section compares Truworths International Ltd's net assets metrics with peer companies in the Apparel Retail industry.

Industry Context

  • Industry: Apparel Retail
  • Average net assets among peers: $7,100,253,500
  • Average return on equity (ROE) among peers: 13.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Truworths International Ltd (TRU) ZAC10.88 Billion 27.87% 0.86x $1.04 Billion
Mr Price Group Ltd (MRP) $13.93 Billion 22.37% 1.07x $2.13 Billion
Rex Trueform Group Ltd (RTO) $272.51 Million 4.70% 0.28x $22.00K

About Truworths International Ltd

JSE:TRU South Africa Apparel Retail
Market Cap
$1.04 Billion
ZAC1.95 Trillion ZAC
Market Cap Rank
#9028 Global
#65 in South Africa
Share Price
ZAC5236.00
Change (1 day)
-2.04%
52-Week Range
ZAC5000.00 - ZAC7620.00
All Time High
ZAC11225.00
Categories
Companies in South Africa Apparel Retail
About

Truworths International Limited, an investment holding and management company, engages in the retail of fashion apparel and accessories. It operates through Truworths Africa and Office UK segments. The company offers accessories, bags, bottoms, jackets and coats, jewellery and watches, shoes, sleepwear, tops, and Gifts for women, men and kids. It also provides purses, denim, dresses, lingerie, ma… Read more