APA Group
APA Group engages in the energy infrastructure business in Australia. The company operates through Energy Infrastructure, Asset Management, and Energy Investments segments. It operates gas transmission and interconnected grids, gas-fired power stations, solar and wind farms, and battery energy storage systems, as well as provides gas storage, processing, and compression facilities. It also provid… Read more
APA Group (APAJF) - Net Assets
Latest net assets as of June 2025: $2.67 Billion USD
Based on the latest financial reports, APA Group (APAJF) has net assets worth $2.67 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 ($19.94 Billion) and total liabilities ($17.27 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 | $2.67 Billion |
| % of Total Assets | 13.38% |
| Annual Growth Rate | 6.85% |
| 5-Year Change | -9.59% |
| 10-Year Change | -33.78% |
| Growth Volatility | 30.38 |
APA Group - Net Assets Trend (1999–2025)
This chart illustrates how APA Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for APA Group (1999–2025)
The table below shows the annual net assets of APA Group from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $2.67 Billion | -17.86% |
| 2024-06-30 | $3.25 Billion | +70.05% |
| 2023-06-30 | $1.91 Billion | -27.33% |
| 2022-06-30 | $2.63 Billion | -10.93% |
| 2021-06-30 | $2.95 Billion | -8.21% |
| 2020-06-30 | $3.21 Billion | -10.68% |
| 2019-06-30 | $3.60 Billion | -12.78% |
| 2018-06-30 | $4.13 Billion | +3.74% |
| 2017-06-30 | $3.98 Billion | -1.26% |
| 2016-06-30 | $4.03 Billion | -8.07% |
| 2015-06-30 | $4.38 Billion | +75.55% |
| 2014-06-30 | $2.50 Billion | -0.69% |
| 2013-06-30 | $2.51 Billion | +55.75% |
| 2012-06-30 | $1.61 Billion | -3.23% |
| 2011-06-30 | $1.67 Billion | +19.55% |
| 2010-06-30 | $1.40 Billion | +9.13% |
| 2009-06-30 | $1.28 Billion | +2.26% |
| 2008-06-30 | $1.25 Billion | +7.71% |
| 2007-06-30 | $1.16 Billion | +96.25% |
| 2006-06-30 | $591.46 Million | -3.86% |
| 2005-06-30 | $615.22 Million | +16.52% |
| 2004-06-30 | $528.01 Million | +19.14% |
| 2003-06-30 | $443.18 Million | +1.01% |
| 2002-06-30 | $438.75 Million | -8.03% |
| 2000-06-30 | $477.07 Million | +0.23% |
| 1999-06-30 | $476.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to APA Group'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 9300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $93.00 Million | 4.84% |
| Common Stock | $2.53 Billion | 131.56% |
| Other Comprehensive Income | $-699.00 Million | -36.41% |
| Total Equity | $1.92 Billion | 100.00% |
APA Group Competitors by Market Cap
The table below lists competitors of APA Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Summit Materials Inc
NYSE:SUM
|
$6.29 Billion |
|
ViaSat Inc
NASDAQ:VSAT
|
$6.29 Billion |
|
Aker BP ASA
PINK:AKRBF
|
$6.29 Billion |
|
BYD CO.LTD SDR/0,10 O.N.
F:4BY1
|
$6.30 Billion |
|
Repligen Corporation
NASDAQ:RGEN
|
$6.28 Billion |
|
MILLICOM INTL CELL. DL15
F:M4M1
|
$6.28 Billion |
|
Fannie Mae
LSE:0IL0
|
$6.28 Billion |
|
Starwood Property Trust Inc
NYSE:STWD
|
$6.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APA Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,248,000,000 to 1,920,000,000, a change of -1,328,000,000 (-40.9%).
- Net income of 99,000,000 contributed positively to equity growth.
- Dividend payments of 573,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 146,000,000.
- Other factors decreased equity by 708,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $99.00 Million | +5.16% |
| Dividends Paid | $573.00 Million | -29.84% |
| Other Comprehensive Income | $-146.00 Million | -7.6% |
| Other Changes | $-708.00 Million | -36.88% |
| Total Change | $- | -40.89% |
Book Value vs Market Value Analysis
This analysis compares APA Group'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: 3.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.70x to 3.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-06-30 | $1.79 | $4.82 | x |
| 2000-06-30 | $1.79 | $4.82 | x |
| 2002-06-30 | $1.65 | $4.82 | x |
| 2003-06-30 | $1.66 | $4.82 | x |
| 2004-06-30 | $1.96 | $4.82 | x |
| 2005-06-30 | $2.05 | $4.82 | x |
| 2006-06-30 | $1.94 | $4.82 | x |
| 2007-06-30 | $2.17 | $4.82 | x |
| 2008-06-30 | $1.88 | $4.82 | x |
| 2009-06-30 | $1.79 | $4.82 | x |
| 2010-06-30 | $1.95 | $4.82 | x |
| 2011-06-30 | $2.19 | $4.82 | x |
| 2012-06-30 | $1.83 | $4.82 | x |
| 2013-06-30 | $3.25 | $4.82 | x |
| 2014-06-30 | $2.88 | $4.82 | x |
| 2015-06-30 | $4.40 | $4.82 | x |
| 2016-06-30 | $3.62 | $4.82 | x |
| 2017-06-30 | $3.57 | $4.82 | x |
| 2018-06-30 | $3.63 | $4.82 | x |
| 2019-06-30 | $3.05 | $4.82 | x |
| 2020-06-30 | $2.72 | $4.82 | x |
| 2021-06-30 | $2.50 | $4.82 | x |
| 2022-06-30 | $2.22 | $4.82 | x |
| 2023-06-30 | $1.62 | $4.82 | x |
| 2024-06-30 | $2.56 | $4.82 | x |
| 2025-06-30 | $1.48 | $4.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APA Group 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): 5.16%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.11%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 10.38x
- Recent ROE (5.16%) is below the historical average (7.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.00x | 2.91x | $-47.72 Million |
| 2002 | -0.06% | -0.12% | 0.16x | 3.23x | $-44.14 Million |
| 2003 | -0.06% | -0.11% | 0.17x | 3.23x | $-44.59 Million |
| 2004 | -0.04% | -0.09% | 0.17x | 2.72x | $-53.00 Million |
| 2005 | -0.05% | -0.09% | 0.19x | 3.12x | $-61.82 Million |
| 2006 | 10.58% | 16.80% | 0.18x | 3.48x | $3.41 Million |
| 2007 | 6.58% | 11.19% | 0.12x | 4.91x | $-29.48 Million |
| 2008 | 7.59% | 7.90% | 0.17x | 5.76x | $-21.37 Million |
| 2009 | 8.66% | 8.68% | 0.19x | 5.22x | $-12.14 Million |
| 2010 | 9.52% | 10.53% | 0.19x | 4.73x | $-5.07 Million |
| 2011 | 8.57% | 10.34% | 0.19x | 4.28x | $-18.16 Million |
| 2012 | 10.65% | 12.95% | 0.18x | 4.48x | $7.94 Million |
| 2013 | 11.88% | 24.80% | 0.16x | 3.06x | $47.38 Million |
| 2014 | 13.77% | 24.62% | 0.18x | 3.19x | $94.06 Million |
| 2015 | 12.78% | 36.04% | 0.11x | 3.34x | $121.67 Million |
| 2016 | 4.46% | 8.72% | 0.14x | 3.68x | $-223.28 Million |
| 2017 | 5.95% | 10.18% | 0.15x | 3.78x | $-160.97 Million |
| 2018 | 6.42% | 11.10% | 0.16x | 3.69x | $-147.84 Million |
| 2019 | 8.00% | 11.75% | 0.16x | 4.29x | $-71.93 Million |
| 2020 | 8.05% | 10.11% | 0.15x | 5.14x | $-62.76 Million |
| 2021 | -1.43% | -1.64% | 0.17x | 5.12x | $-337.26 Million |
| 2022 | 8.77% | 8.56% | 0.17x | 6.16x | $-32.28 Million |
| 2023 | 13.77% | 9.28% | 0.17x | 8.65x | $72.00 Million |
| 2024 | 30.11% | 31.92% | 0.16x | 6.02x | $653.20 Million |
| 2025 | 5.16% | 3.11% | 0.16x | 10.38x | $-93.00 Million |
Industry Comparison
This section compares APA Group's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $10,300,250,950
- Average return on equity (ROE) among peers: 16.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APA Group (APAJF) | $2.67 Billion | 0.00% | 6.47x | $6.28 Billion |
| Ascopiave S.p.A (ASCOF) | $409.67 Million | 8.69% | 1.12x | $220.54 Million |
| Atmos Energy Corporation (ATO) | $1.65 Billion | 8.96% | 2.47x | $30.35 Billion |
| Beijing Gas Blue Sky Holdings Limited (BJGBF) | $25.42 Million | 42.17% | 3.14x | $31.34 Million |
| Black Hills Corporation (BKH) | $205.40 Million | 15.77% | 1.48x | $5.29 Billion |
| CF Energy Corp (CGFEF) | $47.11 Million | 14.33% | 1.32x | $2.67 Million |
| China Gas Holdings Limited (CGHOF) | $45.80 Billion | 20.06% | 1.45x | $2.35 Billion |
| Chesapeake Utilities Corporation (CPK) | $561.58 Million | 11.60% | 2.18x | $3.01 Billion |
| China Resources Gas Group Limited (CRGGF) | $31.61 Billion | 14.08% | 1.33x | $2.74 Billion |
| China Suntien Green Energy Corporation Limited (CSGEF) | $12.40 Billion | 10.23% | 2.16x | $894.23 Million |