J and Friends Holdings Limited (JF) - Net Assets
Based on the latest financial reports, J and Friends Holdings Limited (JF) has net assets worth $42.51 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($65.36 Million) and total liabilities ($22.85 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. See J and Friends Holdings Limited balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $42.51 Million |
| % of Total Assets | 65.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 74.37 |
J and Friends Holdings Limited - Net Assets Trend (2016–2025)
This chart illustrates how J and Friends Holdings Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see J and Friends Holdings Limited stock valuation.
Annual Net Assets for J and Friends Holdings Limited (2016–2025)
The table below shows the annual net assets of J and Friends Holdings Limited from 2016 to 2025. Also explore net asset momentum of J and Friends Holdings Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $42.51 Million | +110.76% |
| 2024-12-31 | $-395.12 Million | -4.01% |
| 2023-12-31 | $-379.88 Million | -53.71% |
| 2022-12-31 | $-247.14 Million | -280.04% |
| 2021-12-31 | $-65.03 Million | -235.34% |
| 2020-12-31 | $48.05 Million | -86.61% |
| 2019-12-31 | $358.72 Million | +676.77% |
| 2017-12-31 | $-62.20 Million | -575.67% |
| 2016-12-31 | $-9.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to J and Friends Holdings Limited'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 257932266000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $559.41K | 5.37% |
| Other Comprehensive Income | $-2.55 Million | -24.43% |
| Other Components | $2.60 Billion | 24963.42% |
| Total Equity | $10.42 Million | 100.00% |
J and Friends Holdings Limited Competitors by Market Cap
The table below lists competitors of J and Friends Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INFLECTION RESOURCES LTD.
F:5VJ
|
$17.06 Million |
|
SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS
IS:SANEL
|
$17.07 Million |
|
RPCG Public Company Limited
BK:RPC
|
$17.08 Million |
|
SUNL.TECH.G.ADR/2DL-00005
F:S790
|
$17.08 Million |
|
Four Seasons Education Cayman
NYSE:FEDU
|
$17.05 Million |
|
Doosan Solus Co Ltd Pref 1P
KO:33637K
|
$17.05 Million |
|
Trigon Metals Inc
V:TM
|
$17.04 Million |
|
Scan Inter PCL
BK:SCN
|
$17.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in J and Friends Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -408,873,000 to 10,418,974, a change of 419,291,974.
- Net loss of 9,258,202 reduced equity.
- Other comprehensive income decreased equity by 84,976,306.
- Other factors increased equity by 513,526,483.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.26 Million | -88.86% |
| Other Comprehensive Income | $-84.98 Million | -815.59% |
| Other Changes | $513.53 Million | +4928.76% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares J and Friends Holdings Limited'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: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $-196.80 | $1.01 | x |
| 2017-12-31 | $-1213.04 | $1.01 | x |
| 2019-12-31 | $822.93 | $1.01 | x |
| 2020-12-31 | $-490.02 | $1.01 | x |
| 2021-12-31 | $-919.33 | $1.01 | x |
| 2022-12-31 | $-1641.08 | $1.01 | x |
| 2023-12-31 | $-973.03 | $1.01 | x |
| 2024-12-31 | $-902.98 | $1.01 | x |
| 2025-12-31 | $21.93 | $1.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently J and Friends Holdings Limited 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): -88.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -82.85%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 6.27x
- Recent ROE (-88.86%) is below the historical average (-63.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -365.37% | 0.10x | 0.00x | $-199.57 Million |
| 2017 | 0.00% | -22.92% | 0.23x | 0.00x | $-124.13 Million |
| 2019 | -478.29% | -70.53% | 0.82x | 8.23x | $-925.44 Million |
| 2020 | 0.00% | -77.71% | 0.39x | 0.00x | $-282.04 Million |
| 2021 | 0.00% | -58.72% | 0.23x | 0.00x | $-79.24 Million |
| 2022 | 0.00% | -255.05% | 0.14x | 0.00x | $-149.98 Million |
| 2023 | 0.00% | -149.41% | 0.47x | 0.00x | $-39.47 Million |
| 2024 | 0.00% | -43.98% | 0.34x | 0.00x | $25.43 Million |
| 2025 | -88.86% | -82.85% | 0.17x | 6.27x | $-10.30 Million |
Industry Comparison
This section compares J and Friends Holdings Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $4,272,318,224
- Average return on equity (ROE) among peers: 8.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| J and Friends Holdings Limited (JF) | $42.51 Million | 0.00% | 0.54x | $17.06 Million |
| Affirm Holdings Inc (AFRM) | $2.53 Billion | -38.88% | 2.22x | $21.25 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $643.65 Million | 12.01% | 23.25x | $2.06 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $87.10 Million | 7.92% | 28.74x | $157.25 Million |
| Ally Financial Inc (ALLY) | $14.21 Billion | 2.54% | 9.64x | $12.44 Billion |
| Antalpha Platform Holding Co (ANTA) | $46.38 Million | 9.47% | 26.05x | $82.85 Million |
| Atlanticus Holdings Corporation (ATLC) | $746.86 Million | -18.67% | 1.04x | $1.41 Billion |
| American Express Company (AXP) | $15.32 Billion | 19.49% | 10.42x | $213.18 Billion |
| Bread Financial Holdings, Inc. (BFH) | $2.33 Billion | 41.30% | 12.03x | $4.12 Billion |
| Credit Acceptance Corporation (CACC) | $750.10 Million | 33.74% | 2.24x | $6.04 Billion |
| Capital One Financial Corporation (COF) | $6.05 Billion | 18.77% | 6.65x | $124.65 Billion |
About J and Friends Holdings Limited
J and Friends Holdings Limited, together with its subsidiaries, provides merchant digitalization and commerce-enablement SaaS solutions to small and medium enterprises in Australia. The company offers food and beverage (F&B) solutions that enable restaurants, cafés, and other hospitality merchants to digitize core front-of-house and back-of-house workflows, including order intake, menu management… Read more