SU Group Holdings Limited Ordinary Shares (SUGP) - Net Assets
Based on the latest financial reports, SU Group Holdings Limited Ordinary Shares (SUGP) has net assets worth $86.15 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 ($127.76 Million) and total liabilities ($41.60 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 SUGP asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $86.15 Million |
| % of Total Assets | 67.43% |
| Annual Growth Rate | 68.72% |
| 5-Year Change | 1523.3% |
| 10-Year Change | N/A |
| Growth Volatility | 245.83 |
SU Group Holdings Limited Ordinary Shares - Net Assets Trend (2020–2026)
This chart illustrates how SU Group Holdings Limited Ordinary Shares's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of SU Group Holdings Limited Ordinary Share for the complete picture of this company's asset base.
Annual Net Assets for SU Group Holdings Limited Ordinary Shares (2020–2026)
The table below shows the annual net assets of SU Group Holdings Limited Ordinary Shares from 2020 to 2026. For live valuation and market cap data, see SU Group Holdings Limited Ordinary Share market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $86.15 Million | -11.84% |
| 2025-03-31 | $97.72 Million | +73.19% |
| 2024-03-31 | $56.42 Million | +683.19% |
| 2023-03-31 | $7.20 Million | +35.75% |
| 2022-03-31 | $5.31 Million | -0.33% |
| 2021-03-31 | $5.32 Million | +42.49% |
| 2020-03-31 | $3.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SU Group Holdings Limited 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 grown by 812.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $32.84 Million | 38.12% |
| Common Stock | $146.47K | 0.17% |
| Other Components | $53.16 Million | 61.71% |
| Total Equity | $86.15 Million | 100.00% |
SU Group Holdings Limited Ordinary Shares Competitors by Market Cap
The table below lists competitors of SU Group Holdings Limited Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB
|
$1.94 Million |
|
DigiAsia Corp
NASDAQ:FAAS
|
$1.94 Million |
|
UTime Limited
NASDAQ:WTO
|
$1.95 Million |
|
Kovo Healthtech Corp
V:KOVO
|
$1.95 Million |
|
Lambo Group Bhd
KLSE:0018
|
$1.93 Million |
|
Leapfrog Acquisition Corporation Warrants
NASDAQ:LFACW
|
$1.93 Million |
|
Adiuvo Investment SA
WAR:ADV
|
$1.93 Million |
|
Phoenix Spree Deutschland Ltd
LSE:PSDL
|
$1.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SU Group Holdings Limited Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 97,721,696 to 86,151,827, a change of -11,569,869 (-11.8%).
- Net loss of 18,449,432 reduced equity.
- Other comprehensive income increased equity by 90.
- Other factors increased equity by 6,879,473.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-18.45 Million | -21.42% |
| Other Comprehensive Income | $90.00 | +0.0% |
| Other Changes | $6.88 Million | +7.99% |
| Total Change | $- | -11.84% |
Book Value vs Market Value Analysis
This analysis compares SU Group Holdings Limited 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: 0.06x
- 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.
- The price-to-book ratio has decreased from 4.58x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | $0.75 | $3.44 | x |
| 2021-03-31 | $3.04 | $3.44 | x |
| 2022-03-31 | $3.03 | $3.44 | x |
| 2023-03-31 | $0.54 | $3.44 | x |
| 2024-03-31 | $4.70 | $3.44 | x |
| 2025-03-31 | $7.50 | $3.44 | x |
| 2026-03-31 | $62.25 | $3.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SU Group Holdings Limited 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): -21.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.61%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 1.48x
- Recent ROE (-21.42%) is below the historical average (14.29%), 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 | 42.39% | 13.86% | 1.16x | 2.63x | $1.21 Million |
| 2021 | 14.38% | 4.93% | 9.21x | 0.32x | $1.77 Million |
| 2022 | 19.37% | 5.69% | 11.45x | 0.30x | $3.75 Million |
| 2023 | 17.19% | 5.92% | 1.43x | 2.03x | $517.91K |
| 2024 | 17.19% | 5.92% | 1.43x | 2.03x | $4.05 Million |
| 2025 | 10.90% | 5.85% | 1.16x | 1.61x | $881.32K |
| 2026 | -21.42% | -9.61% | 1.50x | 1.48x | $-27.06 Million |
Industry Comparison
This section compares SU Group Holdings Limited Ordinary Shares's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $576,993,226
- Average return on equity (ROE) among peers: -14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SU Group Holdings Limited Ordinary Shares (SUGP) | $86.15 Million | 42.39% | 0.48x | $1.93 Million |
| ADT Inc (ADT) | $3.04 Billion | -20.80% | 4.30x | $4.92 Billion |
| Allegion PLC (ALLE) | $405.50 Million | 67.40% | 5.27x | $11.21 Billion |
| Bridger Aerospace Group Holdings, Inc. Common Stock (BAER) | $64.67 Million | 6.40% | 4.11x | $102.02 Million |
| Brinks Company (BCO) | $476.10 Million | 3.49% | 4.03x | $4.31 Billion |
| BIO-Key International Inc (BKYI) | $-3.29 Million | 0.00% | 0.00x | $5.15 Million |
| Brady Corporation (BRC) | $338.96 Million | 6.32% | 0.33x | $3.61 Billion |
| Concorde International Group Ltd Class A Ordinary Shares (CIGL) | $2.70 Million | 35.55% | 2.16x | $139.28 Million |
| CompX International Inc (CIX) | $-1.20 Million | 0.00% | 0.00x | $286.76 Million |
| CoreCivic Inc (CXW) | $1.44 Billion | 10.74% | 1.01x | $2.01 Billion |
| Liberty Defense Holdings, Ltd. Common Shares (DETX) | $4.94 Million | -250.65% | 0.31x | $22.41 Million |
About SU Group Holdings Limited Ordinary Shares
SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. It operates in two segments, Security-Related Engineering Services Business, and Security Guarding and Screening Services Business. The company primarily provides security-related engineering, security guarding and screening, and related vocational tra… Read more