Ao World
AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances and ancillary services in the United Kingdom and Germany. It retails fridges and freezers, laundry products, and dishwashers, as well as smart tech, computing, and TV and entertainment products through its e-commerce platforms. The company also engages in the production of content, including image… Read more
Ao World (AO) - Net Assets
Latest net assets as of September 2025: GBX156.10 Million GBX
Based on the latest financial reports, Ao World (AO) has net assets worth GBX156.10 Million GBX as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX477.90 Million) and total liabilities (GBX321.80 Million). 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 | GBX156.10 Million |
| % of Total Assets | 32.66% |
| Annual Growth Rate | 20.64% |
| 5-Year Change | 49.9% |
| 10-Year Change | 204.85% |
| Growth Volatility | 72.37 |
Ao World - Net Assets Trend (2010–2025)
This chart illustrates how Ao World's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ao World (2010–2025)
The table below shows the annual net assets of Ao World from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX144.50 Million | +4.86% |
| 2024-03-31 | GBX137.80 Million | +30.37% |
| 2023-03-31 | GBX105.70 Million | +45.99% |
| 2022-03-31 | GBX72.40 Million | -24.90% |
| 2021-03-31 | GBX96.40 Million | +20.95% |
| 2020-03-31 | GBX79.70 Million | -7.97% |
| 2019-03-31 | GBX86.60 Million | +8.79% |
| 2018-03-31 | GBX79.60 Million | +96.54% |
| 2017-03-31 | GBX40.50 Million | -14.56% |
| 2016-03-31 | GBX47.40 Million | -19.05% |
| 2015-03-31 | GBX58.55 Million | +0.88% |
| 2014-03-31 | GBX58.04 Million | +271.45% |
| 2013-03-31 | GBX15.62 Million | +76.85% |
| 2012-03-31 | GBX8.84 Million | -21.78% |
| 2011-03-31 | GBX11.29 Million | +30.47% |
| 2010-03-31 | GBX8.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ao World'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 decreased by 797.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.50 Million | 1.04% |
| Other Components | GBX165.80 Million | 114.74% |
| Total Equity | GBX144.50 Million | 100.00% |
Ao World Competitors by Market Cap
The table below lists competitors of Ao World ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daesung Industrial Co. Ltd.
KQ:128820
|
$69.67K |
|
Jack Nathan Medical Corp
OTCQB:JNHMF
|
$69.68K |
|
Nuveen Enhanced High Yield Municipal Bond Fund
NASDAQ:NMSSX
|
$69.69K |
|
LES MOULINS DE LA CONCORDE LT
SEM:LMLC-P
|
$69.73K |
|
BIESSE
BE:BI2
|
$69.51K |
|
Motonic Corp.
KQ:009680
|
$69.48K |
|
Ruentex Interior Design Inc.
TWO:6881
|
$69.44K |
|
WEGE3F
SA:WEGE3F
|
$69.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ao World's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 137,800,000 to 144,500,000, a change of 6,700,000 (4.9%).
- Net income of 10,500,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 64,400,000.
- Other factors increased equity by 71,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX10.50 Million | +7.27% |
| Other Comprehensive Income | GBX-64.40 Million | -44.57% |
| Other Changes | GBX71.60 Million | +49.55% |
| Total Change | GBX- | 4.86% |
Book Value vs Market Value Analysis
This analysis compares Ao World'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: 370.78x
- 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 3366.18x to 370.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | GBX0.03 | GBX90.30 | x |
| 2012-03-31 | GBX0.02 | GBX90.30 | x |
| 2013-03-31 | GBX0.04 | GBX90.30 | x |
| 2014-03-31 | GBX0.14 | GBX90.30 | x |
| 2015-03-31 | GBX0.14 | GBX90.30 | x |
| 2016-03-31 | GBX0.11 | GBX90.30 | x |
| 2017-03-31 | GBX0.10 | GBX90.30 | x |
| 2018-03-31 | GBX0.18 | GBX90.30 | x |
| 2019-03-31 | GBX0.19 | GBX90.30 | x |
| 2020-03-31 | GBX0.17 | GBX90.30 | x |
| 2021-03-31 | GBX0.20 | GBX90.30 | x |
| 2022-03-31 | GBX0.15 | GBX90.30 | x |
| 2023-03-31 | GBX0.19 | GBX90.30 | x |
| 2024-03-31 | GBX0.23 | GBX90.30 | x |
| 2025-03-31 | GBX0.24 | GBX90.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ao World 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): 7.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.92%
- • Asset Turnover: 2.67x
- • Equity Multiplier: 2.95x
- Recent ROE (7.27%) is above the historical average (-2.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 23.36% | 1.61% | 4.44x | 3.27x | GBX1.51 Million |
| 2012 | -15.52% | -0.65% | 4.63x | 5.12x | GBX-2.25 Million |
| 2013 | 43.46% | 2.46% | 4.01x | 4.40x | GBX5.23 Million |
| 2014 | -16.49% | -2.49% | 2.99x | 2.22x | GBX-15.38 Million |
| 2015 | -4.30% | -0.53% | 3.11x | 2.61x | GBX-8.37 Million |
| 2016 | -12.42% | -1.00% | 3.57x | 3.48x | GBX-10.83 Million |
| 2017 | -15.64% | -0.94% | 3.45x | 4.81x | GBX-10.82 Million |
| 2018 | -16.50% | -1.68% | 3.08x | 3.19x | GBX-21.52 Million |
| 2019 | -20.00% | -1.94% | 2.38x | 4.33x | GBX-26.25 Million |
| 2020 | 2.11% | 0.16% | 2.33x | 5.56x | GBX-6.37 Million |
| 2021 | 18.12% | 1.07% | 2.70x | 6.30x | GBX7.93 Million |
| 2022 | -41.42% | -1.95% | 2.84x | 7.48x | GBX-37.74 Million |
| 2023 | -2.46% | -0.23% | 2.47x | 4.35x | GBX-13.17 Million |
| 2024 | 17.92% | 2.38% | 2.35x | 3.21x | GBX10.92 Million |
| 2025 | 7.27% | 0.92% | 2.67x | 2.95x | GBX-3.95 Million |
Industry Comparison
This section compares Ao World's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $158,406,325
- Average return on equity (ROE) among peers: -0.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ao World (AO) | GBX156.10 Million | 23.36% | 2.06x | $69.63K |
| Angling Direct PLC (ANG) | $26.80 Million | -1.38% | 0.42x | $4.40K |
| Currys PLC (CURY) | $690.50 Million | 31.69% | 0.03x | $199.22K |
| DFS Furniture PLC (DFS) | $229.00 Million | -1.92% | 3.57x | $53.42K |
| musicMagpie PLC (MMAG) | $1.50 Million | -19.26% | 11.29x | $1.07K |
| Moonpig Group PLC (MOON) | $-33.22 Million | 0.00% | 0.00x | $79.03K |
| Marks Electrical Group PLC (MRK) | $4.01 Million | 17.88% | 2.09x | $5.80K |
| Mothercare PLC (MTC) | $402.50 Million | 13.79% | 0.77x | $1.45K |
| Pod Point Group Holdings PLC (PODP) | $102.35 Million | -81.50% | 0.42x | $1.22K |
| Procook Group PLC (PROC) | $2.21 Million | 36.21% | 0.95x | $4.11K |