Chorus Limited
Chorus Limited, together with its subsidiaries, engages in the provision of fixed line communications infrastructure services in New Zealand. It offers wholesale broadband, data, and voice services. The company also builds and maintains a network of fiber and copper cables, ducts, poles, network electronics, and cabinets. In addition, it provides value-added network services; physical storage and… Read more
Chorus Limited (CHRUF) - Net Assets
Latest net assets as of June 2025: $567.00 Million USD
Based on the latest financial reports, Chorus Limited (CHRUF) has net assets worth $567.00 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 ($6.09 Billion) and total liabilities ($5.52 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 | $567.00 Million |
| % of Total Assets | 9.31% |
| Annual Growth Rate | -7.85% |
| 5-Year Change | -40.19% |
| 10-Year Change | -76.55% |
| Growth Volatility | 23.16 |
Chorus Limited - Net Assets Trend (2013–2025)
This chart illustrates how Chorus 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 Chorus Limited (2013–2025)
The table below shows the annual net assets of Chorus Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $567.00 Million | -32.58% |
| 2024-06-30 | $841.00 Million | -20.88% |
| 2023-06-30 | $1.06 Billion | +3.30% |
| 2022-06-30 | $1.03 Billion | +8.54% |
| 2021-06-30 | $948.00 Million | +2.27% |
| 2020-06-30 | $927.00 Million | -5.31% |
| 2019-06-30 | $979.00 Million | -4.21% |
| 2018-06-30 | $1.02 Billion | -61.72% |
| 2017-06-30 | $2.67 Billion | +10.42% |
| 2016-06-30 | $2.42 Billion | +18.07% |
| 2015-06-30 | $2.05 Billion | +6.89% |
| 2014-06-30 | $1.92 Billion | +26.64% |
| 2013-06-30 | $1.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chorus 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 27800000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $578.00 Million | 101.94% |
| Other Comprehensive Income | $267.00 Million | 47.09% |
| Total Equity | $567.00 Million | 100.00% |
Chorus Limited Competitors by Market Cap
The table below lists competitors of Chorus Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GCL System Integration Technology Co Ltd
SHE:002506
|
$2.32 Billion |
|
Washington Federal Inc
NASDAQ:WAFD
|
$2.32 Billion |
|
China Oilfield Services Limited
F:CO9
|
$2.32 Billion |
|
China Eastern Airlines Corporation Limited
PINK:CHEAF
|
$2.32 Billion |
|
Leyard Optoelectronic
SHE:300296
|
$2.32 Billion |
|
Offcn Education Technology Co Ltd
SHE:002607
|
$2.32 Billion |
|
Imeik Technology Development Co
SHE:300896
|
$2.32 Billion |
|
Sai Gon Ha Noi Commercial Joint Stock Bank
VN:SHB
|
$2.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chorus Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 841,000,000 to 567,000,000, a change of -274,000,000 (-32.6%).
- Net income of 4,000,000 contributed positively to equity growth.
- Dividend payments of 223,000,000 reduced retained earnings.
- Share repurchases of 1,000,000 reduced equity.
- Other comprehensive income decreased equity by 55,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.00 Million | +0.71% |
| Dividends Paid | $223.00 Million | -39.33% |
| Share Repurchases | $1.00 Million | -0.18% |
| Other Comprehensive Income | $-55.00 Million | -9.7% |
| Other Changes | $1.00 Million | +0.18% |
| Total Change | $- | -32.58% |
Book Value vs Market Value Analysis
This analysis compares Chorus 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: 5.10x
- 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 4.88x to 5.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | $1.10 | $5.35 | x |
| 2012-06-30 | $1.13 | $5.35 | x |
| 2013-06-30 | $1.10 | $5.35 | x |
| 2014-06-30 | $0.97 | $5.35 | x |
| 2015-06-30 | $0.97 | $5.35 | x |
| 2016-06-30 | $1.00 | $5.35 | x |
| 2017-06-30 | $1.06 | $5.35 | x |
| 2018-06-30 | $1.92 | $5.35 | x |
| 2019-06-30 | $1.83 | $5.35 | x |
| 2020-06-30 | $1.71 | $5.35 | x |
| 2021-06-30 | $1.63 | $5.35 | x |
| 2022-06-30 | $1.78 | $5.35 | x |
| 2023-06-30 | $1.92 | $5.35 | x |
| 2024-06-30 | $1.93 | $5.35 | x |
| 2025-06-30 | $1.05 | $5.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chorus 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): 0.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.42%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 10.74x
- Recent ROE (0.71%) is below the historical average (13.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 23.45% | 16.64% | 0.00x | 0.00x | $58.50 Million |
| 2013 | 38.26% | 16.18% | 0.32x | 7.46x | $126.30 Million |
| 2014 | 31.83% | 15.29% | 0.26x | 7.92x | $101.50 Million |
| 2015 | 19.57% | 9.12% | 0.26x | 8.26x | $44.50 Million |
| 2016 | 18.92% | 9.08% | 0.24x | 8.51x | $42.90 Million |
| 2017 | 21.73% | 10.87% | 0.23x | 8.53x | $61.00 Million |
| 2018 | 8.32% | 8.59% | 0.20x | 4.82x | $-17.20 Million |
| 2019 | 5.41% | 5.92% | 0.16x | 5.74x | $-44.90 Million |
| 2020 | 5.61% | 5.42% | 0.17x | 6.09x | $-40.70 Million |
| 2021 | 4.96% | 5.35% | 0.15x | 6.18x | $-47.80 Million |
| 2022 | 6.22% | 6.63% | 0.17x | 5.68x | $-38.90 Million |
| 2023 | 2.35% | 2.55% | 0.16x | 5.80x | $-81.30 Million |
| 2024 | -1.07% | -0.89% | 0.17x | 7.15x | $-93.10 Million |
| 2025 | 0.71% | 0.42% | 0.16x | 10.74x | $-52.70 Million |
Industry Comparison
This section compares Chorus Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chorus Limited (CHRUF) | $567.00 Million | 23.45% | 9.74x | $2.32 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |