Prestige Wealth Inc. Ordinary Shares (PWM) - Net Assets
Based on the latest financial reports, Prestige Wealth Inc. Ordinary Shares (PWM) has net assets worth $15.95 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.15 Million) and total liabilities ($2.20 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. Check PWM strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $15.95 Million |
| % of Total Assets | 87.86% |
| Annual Growth Rate | -13.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 33.29 |
Prestige Wealth Inc. Ordinary Shares - Net Assets Trend (2020–2024)
This chart illustrates how Prestige Wealth Inc. Ordinary Shares's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Prestige Wealth Inc. Ordinary Shares market cap and net worth.
Annual Net Assets for Prestige Wealth Inc. Ordinary Shares (2020–2024)
The table below shows the annual net assets of Prestige Wealth Inc. Ordinary Shares from 2020 to 2024. Also explore PWM year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $3.04 Million | -50.82% |
| 2023-09-30 | $6.18 Million | +14.96% |
| 2022-09-30 | $5.38 Million | +34.01% |
| 2021-09-30 | $4.01 Million | -25.66% |
| 2020-09-30 | $5.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prestige Wealth Inc. Ordinary Shares'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 165.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $9.04K | 0.30% |
| Other Comprehensive Income | $-6.30K | -0.21% |
| Other Components | $6.27 Million | 206.26% |
| Total Equity | $3.04 Million | 100.00% |
Prestige Wealth Inc. Ordinary Shares Competitors by Market Cap
The table below lists competitors of Prestige Wealth Inc. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bayview Acquisition Corp Class A Ordinary Shares
NASDAQ:BAYA
|
$33.24 Million |
|
Sjm Holdings
KO:025530
|
$33.25 Million |
|
ITV PLC
LSE:ITV
|
$33.26 Million |
|
Mega Matrix Corp.
NYSE MKT:MPU
|
$33.27 Million |
|
Destination XL Group Inc
NASDAQ:DXLG
|
$33.24 Million |
|
Mount Ridley Mines Ltd
AU:MRD
|
$33.19 Million |
|
DNA Biomed Solns
TA:DNA
|
$33.18 Million |
|
INSPIREMD 1/18 DL-0001
F:II2
|
$33.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prestige Wealth Inc. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,182,545 to 3,040,768, a change of -3,141,777 (-50.8%).
- Net loss of 6,876,830 reduced equity.
- Other comprehensive income increased equity by 30,530.
- Other factors increased equity by 3,704,523.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.88 Million | -226.15% |
| Other Comprehensive Income | $30.53K | +1.0% |
| Other Changes | $3.70 Million | +121.83% |
| Total Change | $- | -50.82% |
Book Value vs Market Value Analysis
This analysis compares Prestige Wealth Inc. Ordinary Shares'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: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.79x to 1.58x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $0.60 | $0.47 | x |
| 2021-09-30 | $0.45 | $0.47 | x |
| 2022-09-30 | $0.60 | $0.47 | x |
| 2023-09-30 | $0.75 | $0.47 | x |
| 2024-09-30 | $0.30 | $0.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prestige Wealth Inc. Ordinary Shares 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): -226.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1074.65%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.08x
- Recent ROE (-226.15%) is below the historical average (-27.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 32.08% | 67.60% | 0.38x | 1.25x | $1.19 Million |
| 2021 | 47.65% | 68.48% | 0.63x | 1.11x | $1.51 Million |
| 2022 | 25.19% | 64.96% | 0.35x | 1.12x | $816.74K |
| 2023 | -16.75% | -297.18% | 0.05x | 1.11x | $-1.65 Million |
| 2024 | -226.15% | -1074.65% | 0.10x | 2.08x | $-7.18 Million |
Industry Comparison
This section compares Prestige Wealth Inc. Ordinary Shares's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $841,312,488
- Average return on equity (ROE) among peers: -23.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prestige Wealth Inc. Ordinary Shares (PWM) | $15.95 Million | 32.08% | 0.14x | $33.24 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $3.21 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 17.42% | 0.00x | $3.29 Billion |
| Associated Capital Group Inc (AC) | $916.05 Million | -6.34% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $441.58 Million | -2.00% | 0.15x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $201.38 Million | 8.33% | 1.00x | $78.22 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alpha Compute Corp (ALP) | $-827.00K | 0.00% | 0.00x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $327.89 Million |
| Amber International Holding Limited (AMBR) | $104.00 Million | -10.04% | 1.99x | $92.17 Million |
| Affiliated Managers Group, Inc. (AMG) | $4.38 Billion | 12.90% | 1.02x | $9.30 Billion |
About Prestige Wealth Inc. Ordinary Shares
Prestige Wealth Inc., through its subsidiaries, provides wealth management and asset management services in Hong Kong. The company assists its clients in identifying and purchasing wealth and asset management products. It offers its services to high net worth and ultra-high net worth individuals, including business owners, executives, heirs of rich families, and other affluent individuals residin… Read more