Bang Overseas Limited (BANG) - Net Assets
Based on the latest financial reports, Bang Overseas Limited (BANG) has net assets worth Rs902.89 Million INR (≈ $9.76 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.93 Billion ≈ $20.87 Million USD) and total liabilities (Rs1.03 Billion ≈ $11.10 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 Bang Overseas Limited (BANG) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs902.89 Million |
| % of Total Assets | 46.8% |
| Annual Growth Rate | 16.14% |
| 5-Year Change | -5.0% |
| 10-Year Change | 28.07% |
| Growth Volatility | 99.04 |
Bang Overseas Limited - Net Assets Trend (2005–2025)
This chart illustrates how Bang Overseas Limited's net assets have evolved over time, based on quarterly financial data. See Bang Overseas Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bang Overseas Limited (2005–2025)
The table below shows the annual net assets of Bang Overseas Limited from 2005 to 2025. For live valuation and market cap data, see BANG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs871.01 Million ≈ $9.42 Million |
-2.48% |
| 2024-03-31 | Rs893.14 Million ≈ $9.66 Million |
-8.58% |
| 2023-03-31 | Rs976.92 Million ≈ $10.56 Million |
+1.24% |
| 2022-03-31 | Rs964.99 Million ≈ $10.44 Million |
+5.25% |
| 2021-03-31 | Rs916.88 Million ≈ $9.92 Million |
+1.57% |
| 2020-03-31 | Rs902.70 Million ≈ $9.76 Million |
+8.40% |
| 2019-03-31 | Rs832.73 Million ≈ $9.01 Million |
+0.08% |
| 2018-03-31 | Rs832.11 Million ≈ $9.00 Million |
+11.72% |
| 2017-03-31 | Rs744.83 Million ≈ $8.06 Million |
+9.51% |
| 2016-03-31 | Rs680.13 Million ≈ $7.36 Million |
+2.17% |
| 2015-03-31 | Rs665.66 Million ≈ $7.20 Million |
-8.02% |
| 2014-03-31 | Rs723.70 Million ≈ $7.83 Million |
-19.00% |
| 2013-03-31 | Rs893.41 Million ≈ $9.66 Million |
+0.28% |
| 2012-03-31 | Rs890.93 Million ≈ $9.64 Million |
-22.21% |
| 2011-03-31 | Rs1.15 Billion ≈ $12.39 Million |
+8.27% |
| 2010-03-31 | Rs1.06 Billion ≈ $11.44 Million |
+2.79% |
| 2009-03-31 | Rs1.03 Billion ≈ $11.13 Million |
+1.18% |
| 2008-03-31 | Rs1.02 Billion ≈ $11.00 Million |
+416.68% |
| 2007-03-31 | Rs196.86 Million ≈ $2.13 Million |
+201.06% |
| 2006-03-31 | Rs65.39 Million ≈ $707.17K |
+49.74% |
| 2005-03-31 | Rs43.67 Million ≈ $472.27K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bang Overseas 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 grown by 12445900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs124.46 Million | 14.29% |
| Common Stock | Rs135.60 Million | 15.57% |
| Other Comprehensive Income | Rs10.05 Million | 1.15% |
| Other Components | Rs600.89 Million | 68.99% |
| Total Equity | Rs871.01 Million | 100.00% |
Bang Overseas Limited Competitors by Market Cap
The table below lists competitors of Bang Overseas Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MEMPHASYS LTD
F:IG7
|
$4.27 Million |
|
Callan JMB Inc. Common Stock
NASDAQ:CJMB
|
$4.27 Million |
|
Brüder Mannesmann Aktiengesellschaft
F:BMM
|
$4.28 Million |
|
Sky Quarry Inc
NASDAQ:SKYQ
|
$4.28 Million |
|
CASI Pharmaceuticals Inc
NASDAQ:CASI
|
$4.26 Million |
|
NCL International Logistics Public Company Limited
BK:NCL
|
$4.26 Million |
|
Sdcl Energy Efficiency Income Trust PLC
LSE:SEIT
|
$4.26 Million |
|
Alliance Pharma plc
LSE:APH
|
$4.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bang Overseas Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 893,137,000 to 871,006,000, a change of -22,131,000 (-2.5%).
- Net loss of 21,722,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-21.72 Million | -2.49% |
| Other Changes | Rs-409.00K | -0.05% |
| Total Change | Rs- | -2.48% |
Book Value vs Market Value Analysis
This analysis compares Bang Overseas 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: 0.45x
- 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 4.99x to 0.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs5.82 | Rs29.08 | x |
| 2006-03-31 | Rs8.72 | Rs29.08 | x |
| 2007-03-31 | Rs14.52 | Rs29.08 | x |
| 2008-03-31 | Rs97.18 | Rs29.08 | x |
| 2009-03-31 | Rs75.89 | Rs29.08 | x |
| 2010-03-31 | Rs78.01 | Rs29.08 | x |
| 2011-03-31 | Rs84.46 | Rs29.08 | x |
| 2012-03-31 | Rs65.70 | Rs29.08 | x |
| 2013-03-31 | Rs65.89 | Rs29.08 | x |
| 2014-03-31 | Rs53.37 | Rs29.08 | x |
| 2015-03-31 | Rs49.09 | Rs29.08 | x |
| 2016-03-31 | Rs50.16 | Rs29.08 | x |
| 2017-03-31 | Rs54.93 | Rs29.08 | x |
| 2018-03-31 | Rs61.37 | Rs29.08 | x |
| 2019-03-31 | Rs61.41 | Rs29.08 | x |
| 2020-03-31 | Rs66.57 | Rs29.08 | x |
| 2021-03-31 | Rs67.62 | Rs29.08 | x |
| 2022-03-31 | Rs71.21 | Rs29.08 | x |
| 2023-03-31 | Rs72.14 | Rs29.08 | x |
| 2024-03-31 | Rs65.87 | Rs29.08 | x |
| 2025-03-31 | Rs64.86 | Rs29.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bang Overseas 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): -2.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.15%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.96x
- Recent ROE (-2.49%) is below the historical average (5.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.11% | 4.42% | 1.24x | 3.11x | Rs3.10 Million |
| 2006 | 32.88% | 5.55% | 1.29x | 4.59x | Rs14.96 Million |
| 2007 | 54.57% | 11.12% | 1.50x | 3.27x | Rs87.74 Million |
| 2008 | 11.30% | 7.88% | 0.85x | 1.69x | Rs13.22 Million |
| 2009 | 1.16% | 0.72% | 0.96x | 1.68x | Rs-90.93 Million |
| 2010 | 3.28% | 2.14% | 0.90x | 1.71x | Rs-71.10 Million |
| 2011 | 7.46% | 4.96% | 0.90x | 1.68x | Rs-29.07 Million |
| 2012 | 0.13% | 0.07% | 1.10x | 1.79x | Rs-87.94 Million |
| 2013 | 1.46% | 0.48% | 1.52x | 2.00x | Rs-76.26 Million |
| 2014 | -23.61% | -8.78% | 1.16x | 2.32x | Rs-243.25 Million |
| 2015 | -8.40% | -3.79% | 1.07x | 2.07x | Rs-122.51 Million |
| 2016 | 1.68% | 0.72% | 1.14x | 2.04x | Rs-56.62 Million |
| 2017 | 7.38% | 3.17% | 1.18x | 1.98x | Rs-19.49 Million |
| 2018 | 3.84% | 1.71% | 1.13x | 1.99x | Rs-51.27 Million |
| 2019 | 0.11% | 0.05% | 1.06x | 1.89x | Rs-82.38 Million |
| 2020 | 8.08% | 6.71% | 0.72x | 1.68x | Rs-17.38 Million |
| 2021 | 1.52% | 2.49% | 0.41x | 1.50x | Rs-77.71 Million |
| 2022 | 5.11% | 6.03% | 0.57x | 1.50x | Rs-47.17 Million |
| 2023 | 1.18% | 1.00% | 0.70x | 1.69x | Rs-86.18 Million |
| 2024 | -9.38% | -6.26% | 0.84x | 1.78x | Rs-173.07 Million |
| 2025 | -2.49% | -1.15% | 1.11x | 1.96x | Rs-108.82 Million |
Industry Comparison
This section compares Bang Overseas Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $4,610,472,934
- Average return on equity (ROE) among peers: 2.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bang Overseas Limited (BANG) | Rs902.89 Million | 17.11% | 1.14x | $4.26 Million |
| Aditya Birla Fashion and Retail Limited (ABFRL) | $1.20 Million | 8.33% | 14.33x | $812.17 Million |
| Arvind Fashions Limited (ARVINDFASN) | $12.21 Billion | 1.36% | 1.89x | $699.89 Million |
| Bhandari Hosiery Exports Limited (BHANDARI) | $144.03 Million | 11.67% | 1.03x | $11.02 Million |
| Cantabil Retail India Limited (CANTABIL) | $697.45 Million | -13.05% | 0.77x | $199.33 Million |
| Dollar Industries Limited (DOLLAR) | $7.84 Billion | 11.51% | 0.72x | $157.88 Million |
| Future Lifestyle Fashions Limited (FLFL) | $18.27 Billion | 10.34% | 1.77x | $2.81 Million |
| Gokaldas Exports Limited (GOKEX) | $2.27 Billion | -58.28% | 1.71x | $578.35 Million |
| Iris Clothings Limited (IRISDOREME) | $64.33 Million | 24.83% | 3.95x | $71.41 Million |
| Nandani Creation Limited (JAIPURKURT) | $1.36 Million | 24.43% | 14.10x | $5.37 Million |
About Bang Overseas Limited
Bang Overseas Limited, together with its subsidiaries, engages in the manufacture and trade of textile and textile products in India and internationally. The company offers men's formal and casual wear under the Thomas Scott, Italian Gold, Hammersmith, Bang & Scott, Bang Europa, and FCC brand names. It also provides concept development, designing, manufacturing, logistics, and marketing services.… Read more