Air New Zealand Limited
Air New Zealand Limited, together with its subsidiaries, provides air passenger and cargo transportation on scheduled airlines services in New Zealand, Australia, the Pacific Islands, Asia, the United Kingdom, Europe, and the Americas. The company offers engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; travel insurance, accommodati… Read more
Air New Zealand Limited (ANZFF) - Net Assets
Latest net assets as of June 2025: $1.95 Billion USD
Based on the latest financial reports, Air New Zealand Limited (ANZFF) has net assets worth $1.95 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.73 Billion) and total liabilities ($6.79 Billion). 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 | $1.95 Billion |
| % of Total Assets | 22.29% |
| Annual Growth Rate | -0.08% |
| 5-Year Change | 77.23% |
| 10-Year Change | -7.69% |
| Growth Volatility | 24.85 |
Air New Zealand Limited - Net Assets Trend (1998–2025)
This chart illustrates how Air New Zealand Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Air New Zealand Limited (1998–2025)
The table below shows the annual net assets of Air New Zealand Limited from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.95 Billion | -3.18% |
| 2024-06-30 | $2.01 Billion | -3.32% |
| 2023-06-30 | $2.08 Billion | +23.97% |
| 2022-06-30 | $1.68 Billion | +52.73% |
| 2021-06-30 | $1.10 Billion | -16.69% |
| 2020-06-30 | $1.32 Billion | -33.84% |
| 2019-06-30 | $1.99 Billion | -8.46% |
| 2018-06-30 | $2.18 Billion | +9.57% |
| 2017-06-30 | $1.99 Billion | -5.79% |
| 2016-06-30 | $2.11 Billion | +7.28% |
| 2015-06-30 | $1.97 Billion | +4.97% |
| 2014-06-30 | $1.87 Billion | +3.08% |
| 2013-06-30 | $1.82 Billion | +7.58% |
| 2012-06-30 | $1.69 Billion | +12.23% |
| 2011-06-30 | $1.50 Billion | -3.96% |
| 2010-06-30 | $1.57 Billion | -2.43% |
| 2009-06-30 | $1.60 Billion | +1.78% |
| 2008-06-30 | $1.58 Billion | -9.78% |
| 2007-06-30 | $1.75 Billion | +9.66% |
| 2006-06-30 | $1.59 Billion | +3.44% |
| 2005-06-30 | $1.54 Billion | +26.88% |
| 2004-06-30 | $1.21 Billion | +17.72% |
| 2003-06-30 | $1.03 Billion | +17.00% |
| 2002-06-30 | $881.79 Million | +70.22% |
| 2001-06-30 | $518.04 Million | -67.42% |
| 2000-06-30 | $1.59 Billion | -25.21% |
| 1999-06-30 | $2.13 Billion | +6.90% |
| 1998-06-30 | $1.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Air New Zealand 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.35 Billion | 171.94% |
| Other Comprehensive Income | $-1.40 Billion | -71.94% |
| Total Equity | $1.95 Billion | 100.00% |
Air New Zealand Limited Competitors by Market Cap
The table below lists competitors of Air New Zealand Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Topoint Technology Co Ltd
TW:8021
|
$553.33 Million |
|
Reitir fasteignafélag hf
IC:REITIR
|
$553.38 Million |
|
SK ETERNIX CO LT
KO:475150
|
$553.47 Million |
|
Africa Oil Corp
PINK:AOIFF
|
$553.65 Million |
|
SCG Packaging Public Company Limited
BK:SCGP
|
$553.20 Million |
|
Xinjiang Machinery Research Inst
SHE:300159
|
$553.05 Million |
|
NEW HORIZ.HEAL. DL-00005
F:6YZ
|
$552.84 Million |
|
Télévision Française 1 Société anonyme
PINK:TVFCF
|
$552.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Air New Zealand Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,010,000,000 to 1,946,000,000, a change of -64,000,000 (-3.2%).
- Net income of 126,000,000 contributed positively to equity growth.
- Dividend payments of 93,000,000 reduced retained earnings.
- Share repurchases of 38,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,421,000,000.
- Other factors increased equity by 1,362,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $126.00 Million | +6.47% |
| Dividends Paid | $93.00 Million | -4.78% |
| Share Repurchases | $38.00 Million | -1.95% |
| Other Comprehensive Income | $-1.42 Billion | -73.02% |
| Other Changes | $1.36 Billion | +69.99% |
| Total Change | $- | -3.18% |
Book Value vs Market Value Analysis
This analysis compares Air New Zealand 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: 0.61x
- 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 increased from 0.03x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-06-30 | $10.51 | $0.35 | x |
| 1999-06-30 | $11.22 | $0.35 | x |
| 2000-06-30 | $8.38 | $0.35 | x |
| 2001-06-30 | $2.04 | $0.35 | x |
| 2002-06-30 | $1.58 | $0.35 | x |
| 2003-06-30 | $1.06 | $0.35 | x |
| 2004-06-30 | $1.23 | $0.35 | x |
| 2005-06-30 | $1.20 | $0.35 | x |
| 2006-06-30 | $0.96 | $0.35 | x |
| 2007-06-30 | $1.03 | $0.35 | x |
| 2008-06-30 | $0.92 | $0.35 | x |
| 2009-06-30 | $0.93 | $0.35 | x |
| 2010-06-30 | $0.89 | $0.35 | x |
| 2011-06-30 | $0.85 | $0.35 | x |
| 2012-06-30 | $0.94 | $0.35 | x |
| 2013-06-30 | $1.01 | $0.35 | x |
| 2014-06-30 | $1.03 | $0.35 | x |
| 2015-06-30 | $1.07 | $0.35 | x |
| 2016-06-30 | $1.14 | $0.35 | x |
| 2017-06-30 | $1.07 | $0.35 | x |
| 2018-06-30 | $1.18 | $0.35 | x |
| 2019-06-30 | $1.08 | $0.35 | x |
| 2020-06-30 | $0.72 | $0.35 | x |
| 2021-06-30 | $0.60 | $0.35 | x |
| 2022-06-30 | $1.16 | $0.35 | x |
| 2023-06-30 | $0.62 | $0.35 | x |
| 2024-06-30 | $0.60 | $0.35 | x |
| 2025-06-30 | $0.57 | $0.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Air New Zealand 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): 6.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.87%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 4.49x
- Recent ROE (6.47%) is above the historical average (3.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 1.66% | 1.07% | 0.75x | 2.06x | $-165.98 Million |
| 1999 | 10.09% | 6.38% | 0.77x | 2.07x | $1.98 Million |
| 2000 | -37.79% | -16.12% | 0.41x | 5.66x | $-758.97 Million |
| 2001 | -3.20% | -0.21% | 0.98x | 15.72x | $-68.16 Million |
| 2002 | -0.78% | -0.16% | 1.14x | 4.42x | $-95.04 Million |
| 2003 | 16.06% | 4.58% | 0.98x | 3.59x | $62.55 Million |
| 2004 | -1.26% | -0.44% | 0.92x | 3.14x | $-136.81 Million |
| 2005 | 11.68% | 4.98% | 0.88x | 2.66x | $25.90 Million |
| 2006 | 6.02% | 2.52% | 0.80x | 3.00x | $-63.40 Million |
| 2007 | 12.24% | 4.98% | 0.87x | 2.83x | $39.20 Million |
| 2008 | 13.82% | 4.67% | 0.93x | 3.19x | $60.30 Million |
| 2009 | 1.31% | 0.46% | 0.91x | 3.14x | $-139.50 Million |
| 2010 | 5.24% | 2.03% | 0.88x | 2.94x | $-74.60 Million |
| 2011 | 5.39% | 1.87% | 0.89x | 3.26x | $-69.40 Million |
| 2012 | 4.21% | 1.58% | 0.82x | 3.24x | $-97.60 Million |
| 2013 | 10.03% | 3.94% | 0.82x | 3.09x | $500.00K |
| 2014 | 14.00% | 5.93% | 0.75x | 3.13x | $74.80 Million |
| 2015 | 16.64% | 6.64% | 0.73x | 3.45x | $130.50 Million |
| 2016 | 21.96% | 8.85% | 0.72x | 3.44x | $252.20 Million |
| 2017 | 19.23% | 7.48% | 0.71x | 3.61x | $183.40 Million |
| 2018 | 17.92% | 7.10% | 0.70x | 3.61x | $172.40 Million |
| 2019 | 13.55% | 4.67% | 0.76x | 3.83x | $70.80 Million |
| 2020 | -34.45% | -9.39% | 0.64x | 5.72x | $-585.80 Million |
| 2021 | -26.43% | -11.60% | 0.38x | 6.05x | $-402.50 Million |
| 2022 | -35.24% | -21.62% | 0.33x | 4.98x | $-758.70 Million |
| 2023 | 19.82% | 6.51% | 0.69x | 4.42x | $204.10 Million |
| 2024 | 7.26% | 2.16% | 0.79x | 4.25x | $-55.00 Million |
| 2025 | 6.47% | 1.87% | 0.77x | 4.49x | $-68.60 Million |
Industry Comparison
This section compares Air New Zealand Limited's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $84,221,809,251
- Average return on equity (ROE) among peers: 148.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Air New Zealand Limited (ANZFF) | $1.95 Billion | 1.66% | 3.49x | $553.25 Million |
| American Airlines Group (AAL) | $-581.00 Million | 0.00% | 0.00x | $6.80 Billion |
| Air Canada (ACDVF) | $2.59 Billion | 24.86% | 11.05x | $2.83 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-730.83 Million | 0.00% | 0.00x | $260.71 Million |
| Air France-KLM SA (AFRAF) | $-5.42 Billion | 0.00% | 0.00x | $1.02 Billion |
| Aegean Airlines S.A (AGZNF) | $277.88 Million | 24.44% | 1.61x | $461.90 Million |
| AirAsia Group Berhad (AIABF) | $935.30 Million | 1390.41% | 6.89x | $418.10 Million |
| Air China Limited (AICAF) | $49.50 Billion | 15.10% | 2.50x | $2.97 Billion |
| Allegiant Travel Company (ALGT) | $401.72 Million | 19.56% | 0.99x | $1.21 Billion |
| Alaska Air Group Inc (ALK) | $340.50 Million | 5.05% | 2.00x | $4.35 Billion |
| ANA Holdings Inc (ALNPF) | $794.90 Billion | 9.83% | 1.80x | $7.63 Billion |