Discovery Limited
Discovery Limited provides various insurance products and services primarily in South Africa and the United Kingdom. It operates through SA Health, SA Life, SA Invest, SA Insure, SA Bank, UK Health, UK Life, and All Other segments. The company offers health, life, car, travel, business, and home insurance products; motor, building, household content, and portable possessions insurance products; p… Read more
Discovery Limited (DCYHF) - Net Assets
Latest net assets as of June 2025: $65.70 Billion USD
Based on the latest financial reports, Discovery Limited (DCYHF) has net assets worth $65.70 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 ($327.45 Billion) and total liabilities ($261.75 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 | $65.70 Billion |
| % of Total Assets | 20.06% |
| Annual Growth Rate | 17.3% |
| 5-Year Change | 41.53% |
| 10-Year Change | 114.65% |
| Growth Volatility | 18.87 |
Discovery Limited - Net Assets Trend (2002–2025)
This chart illustrates how Discovery 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 Discovery Limited (2002–2025)
The table below shows the annual net assets of Discovery Limited from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $65.70 Billion | +13.83% |
| 2024-06-30 | $57.72 Billion | -9.78% |
| 2023-06-30 | $63.97 Billion | +19.45% |
| 2022-06-30 | $53.55 Billion | +15.37% |
| 2021-06-30 | $46.42 Billion | +4.19% |
| 2020-06-30 | $44.55 Billion | +3.41% |
| 2019-06-30 | $43.08 Billion | +14.60% |
| 2018-06-30 | $37.59 Billion | +16.43% |
| 2017-06-30 | $32.29 Billion | +5.50% |
| 2016-06-30 | $30.61 Billion | +11.88% |
| 2015-06-30 | $27.36 Billion | +57.12% |
| 2014-06-30 | $17.41 Billion | +27.01% |
| 2013-06-30 | $13.71 Billion | +16.85% |
| 2012-06-30 | $11.73 Billion | +30.74% |
| 2011-06-30 | $8.97 Billion | +7.05% |
| 2010-06-30 | $8.38 Billion | +19.52% |
| 2009-06-30 | $7.01 Billion | +13.77% |
| 2008-06-30 | $6.16 Billion | +14.96% |
| 2007-06-30 | $5.36 Billion | +27.30% |
| 2006-06-30 | $4.21 Billion | -13.92% |
| 2005-06-30 | $4.89 Billion | +25.33% |
| 2004-06-30 | $3.90 Billion | +77.36% |
| 2003-06-30 | $2.20 Billion | +31.60% |
| 2002-06-30 | $1.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Discovery 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 4864600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $48.65 Billion | 74.04% |
| Common Stock | $11.36 Billion | 17.29% |
| Other Components | $5.70 Billion | 8.68% |
| Total Equity | $65.70 Billion | 100.00% |
Discovery Limited Competitors by Market Cap
The table below lists competitors of Discovery Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chengtun Mining Group Co Ltd
SHG:600711
|
$4.71 Billion |
|
Matson Inc
NYSE:MATX
|
$4.71 Billion |
|
360 Security Technology Inc
SHG:601360
|
$4.71 Billion |
|
Barry Callebaut AG
PINK:BYCBF
|
$4.71 Billion |
|
SentinelOne Inc
NYSE:S
|
$4.71 Billion |
|
Endeavour Mining Corp
OTCQX:EDVMF
|
$4.71 Billion |
|
Clearway Energy Inc
NYSE:CWEN-A
|
$4.71 Billion |
|
Dpm Metals Inc.
AU:DPM
|
$4.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Discovery Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 57,719,000,000 to 65,704,000,000, a change of 7,985,000,000 (13.8%).
- Net income of 9,564,000,000 contributed positively to equity growth.
- Dividend payments of 1,707,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,275,000,000.
- Other factors increased equity by 6,403,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.56 Billion | +14.56% |
| Dividends Paid | $1.71 Billion | -2.6% |
| Other Comprehensive Income | $-6.28 Billion | -9.55% |
| Other Changes | $6.40 Billion | +9.75% |
| Total Change | $- | 13.83% |
Book Value vs Market Value Analysis
This analysis compares Discovery 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: 0.09x
- 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 2.55x to 0.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-06-30 | $3.60 | $9.20 | x |
| 2003-06-30 | $4.83 | $9.20 | x |
| 2004-06-30 | $4.42 | $9.20 | x |
| 2005-06-30 | $5.76 | $9.20 | x |
| 2006-06-30 | $7.13 | $9.20 | x |
| 2007-06-30 | $9.55 | $9.20 | x |
| 2008-06-30 | $10.96 | $9.20 | x |
| 2009-06-30 | $12.33 | $9.20 | x |
| 2010-06-30 | $14.67 | $9.20 | x |
| 2011-06-30 | $15.73 | $9.20 | x |
| 2012-06-30 | $20.56 | $9.20 | x |
| 2013-06-30 | $23.75 | $9.20 | x |
| 2014-06-30 | $29.23 | $9.20 | x |
| 2015-06-30 | $45.05 | $9.20 | x |
| 2016-06-30 | $47.63 | $9.20 | x |
| 2017-06-30 | $50.09 | $9.20 | x |
| 2018-06-30 | $58.25 | $9.20 | x |
| 2019-06-30 | $66.02 | $9.20 | x |
| 2020-06-30 | $67.37 | $9.20 | x |
| 2021-06-30 | $69.89 | $9.20 | x |
| 2022-06-30 | $80.76 | $9.20 | x |
| 2023-06-30 | $96.73 | $9.20 | x |
| 2024-06-30 | $86.79 | $9.20 | x |
| 2025-06-30 | $98.49 | $9.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Discovery 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): 14.56%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.67%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 4.98x
- Recent ROE (14.56%) is below the historical average (15.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.08% | 6.99% | 1.48x | 1.55x | $90.54 Million |
| 2003 | 17.47% | 10.32% | 1.05x | 1.61x | $154.82 Million |
| 2004 | 17.28% | 11.91% | 0.88x | 1.66x | $177.40 Million |
| 2005 | 17.59% | 15.26% | 0.72x | 1.59x | $248.50 Million |
| 2006 | 15.81% | 12.28% | 0.80x | 1.61x | $244.80 Million |
| 2007 | 20.01% | 16.51% | 0.75x | 1.61x | $536.80 Million |
| 2008 | 18.79% | 15.81% | 0.68x | 1.75x | $541.60 Million |
| 2009 | 17.28% | 13.23% | 0.61x | 2.13x | $510.70 Million |
| 2010 | 20.46% | 12.40% | 0.66x | 2.50x | $876.80 Million |
| 2011 | 28.75% | 14.98% | 0.56x | 3.45x | $1.68 Billion |
| 2012 | 18.94% | 11.15% | 0.49x | 3.47x | $1.05 Billion |
| 2013 | 15.55% | 8.55% | 0.45x | 4.01x | $760.40 Million |
| 2014 | 19.03% | 9.69% | 0.47x | 4.15x | $1.57 Billion |
| 2015 | 20.30% | 13.54% | 0.46x | 3.27x | $2.82 Billion |
| 2016 | 12.19% | 8.53% | 0.37x | 3.87x | $669.30 Million |
| 2017 | 13.92% | 10.11% | 0.34x | 4.05x | $1.26 Billion |
| 2018 | 15.26% | 10.85% | 0.33x | 4.20x | $1.98 Billion |
| 2019 | 15.35% | 11.78% | 0.31x | 4.18x | $2.31 Billion |
| 2020 | 0.40% | 0.28% | 0.30x | 4.72x | $-4.28 Billion |
| 2021 | 6.94% | 4.12% | 0.32x | 5.31x | $-1.42 Billion |
| 2022 | 10.23% | 8.06% | 0.25x | 5.06x | $123.00 Million |
| 2023 | 10.28% | 9.30% | 0.23x | 4.72x | $182.00 Million |
| 2024 | 12.78% | 9.26% | 0.28x | 4.92x | $1.60 Billion |
| 2025 | 14.56% | 11.67% | 0.25x | 4.98x | $2.99 Billion |
Industry Comparison
This section compares Discovery Limited's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Discovery Limited (DCYHF) | $65.70 Billion | 16.08% | 3.98x | $4.71 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |