GrainCorp Limited
GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, Asia, the Middle East and North Africa, and internationally. It operates through two segments, Agribusiness and Nutrition and Energy. The company engages in the operation of an integrated grain storage and handling network comprising receival sites and bulk port terminals; purchasing,… Read more
GrainCorp Limited (GRCLF) - Net Assets
Latest net assets as of September 2025: $1.40 Billion USD
Based on the latest financial reports, GrainCorp Limited (GRCLF) has net assets worth $1.40 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.69 Billion) and total liabilities ($1.29 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 | $1.40 Billion |
| % of Total Assets | 52.14% |
| Annual Growth Rate | 8.33% |
| 5-Year Change | 16.31% |
| 10-Year Change | -19.54% |
| Growth Volatility | 23.0 |
GrainCorp Limited - Net Assets Trend (1998–2025)
This chart illustrates how GrainCorp 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 GrainCorp Limited (1998–2025)
The table below shows the annual net assets of GrainCorp Limited from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $1.40 Billion | -6.73% |
| 2024-09-30 | $1.50 Billion | -5.60% |
| 2023-09-30 | $1.59 Billion | +9.58% |
| 2022-09-30 | $1.45 Billion | +20.55% |
| 2021-09-30 | $1.21 Billion | +10.02% |
| 2020-09-30 | $1.10 Billion | -40.35% |
| 2019-09-30 | $1.84 Billion | -5.45% |
| 2018-09-30 | $1.94 Billion | +4.40% |
| 2017-09-30 | $1.86 Billion | +6.80% |
| 2016-09-30 | $1.74 Billion | -4.38% |
| 2015-09-30 | $1.82 Billion | +4.43% |
| 2014-09-30 | $1.74 Billion | -0.80% |
| 2013-09-30 | $1.76 Billion | +14.16% |
| 2012-09-30 | $1.54 Billion | +12.22% |
| 2011-09-30 | $1.37 Billion | +7.02% |
| 2010-09-30 | $1.28 Billion | +84.88% |
| 2009-09-30 | $693.75 Million | +59.07% |
| 2008-09-30 | $436.14 Million | +9.30% |
| 2007-09-30 | $399.02 Million | -2.24% |
| 2006-09-30 | $408.15 Million | +3.01% |
| 2005-09-30 | $396.22 Million | -0.59% |
| 2004-09-30 | $398.58 Million | +44.89% |
| 2003-09-30 | $275.10 Million | -4.24% |
| 2002-09-30 | $287.29 Million | +5.10% |
| 2001-09-30 | $273.34 Million | +36.02% |
| 2000-09-30 | $200.95 Million | +13.54% |
| 1999-09-30 | $176.99 Million | +9.45% |
| 1998-09-30 | $161.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GrainCorp 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 890.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $919.70 Million | 65.62% |
| Common Stock | $467.60 Million | 33.36% |
| Other Comprehensive Income | $14.30 Million | 1.02% |
| Total Equity | $1.40 Billion | 100.00% |
GrainCorp Limited Competitors by Market Cap
The table below lists competitors of GrainCorp Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yixin Group Limited
F:1YX
|
$716.43 Million |
|
Hefei Meiya Optoelectronic Technology Inc
SHE:002690
|
$716.85 Million |
|
Netweb Technologies India Limited
NSE:NETWEB
|
$717.20 Million |
|
Fu Shou Yuan International Group Limited
PINK:FSHUF
|
$717.28 Million |
|
Corporación Moctezuma S.A.B. de C.V
MX:CMOCTEZ
|
$715.73 Million |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
$715.72 Million |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
$715.16 Million |
|
Zhejiang Zhaolong Interconnect Technology Co. Limited
SHE:300913
|
$714.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GrainCorp Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,502,700,000 to 1,401,600,000, a change of -101,100,000 (-6.7%).
- Net income of 39,900,000 contributed positively to equity growth.
- Dividend payments of 105,700,000 reduced retained earnings.
- Share repurchases of 37,900,000 reduced equity.
- Other comprehensive income decreased equity by 2,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $39.90 Million | +2.85% |
| Dividends Paid | $105.70 Million | -7.54% |
| Share Repurchases | $37.90 Million | -2.7% |
| Other Comprehensive Income | $-2.20 Million | -0.16% |
| Other Changes | $4.80 Million | +0.34% |
| Total Change | $- | -6.73% |
Book Value vs Market Value Analysis
This analysis compares GrainCorp 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 decreased from 0.89x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-09-30 | $4.33 | $3.87 | x |
| 1999-09-30 | $4.73 | $3.87 | x |
| 2000-09-30 | $5.37 | $3.87 | x |
| 2001-09-30 | $5.61 | $3.87 | x |
| 2002-09-30 | $5.99 | $3.87 | x |
| 2003-09-30 | $5.54 | $3.87 | x |
| 2004-09-30 | $8.17 | $3.87 | x |
| 2005-09-30 | $8.12 | $3.87 | x |
| 2006-09-30 | $8.22 | $3.87 | x |
| 2007-09-30 | $5.82 | $3.87 | x |
| 2008-09-30 | $5.80 | $3.87 | x |
| 2009-09-30 | $8.00 | $3.87 | x |
| 2010-09-30 | $6.27 | $3.87 | x |
| 2011-09-30 | $6.87 | $3.87 | x |
| 2012-09-30 | $7.67 | $3.87 | x |
| 2013-09-30 | $7.68 | $3.87 | x |
| 2014-09-30 | $7.63 | $3.87 | x |
| 2015-09-30 | $7.97 | $3.87 | x |
| 2016-09-30 | $7.62 | $3.87 | x |
| 2017-09-30 | $8.13 | $3.87 | x |
| 2018-09-30 | $8.43 | $3.87 | x |
| 2019-09-30 | $8.03 | $3.87 | x |
| 2020-09-30 | $4.77 | $3.87 | x |
| 2021-09-30 | $5.25 | $3.87 | x |
| 2022-09-30 | $6.36 | $3.87 | x |
| 2023-09-30 | $7.08 | $3.87 | x |
| 2024-09-30 | $6.69 | $3.87 | x |
| 2025-09-30 | $6.32 | $3.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GrainCorp 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): 2.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.55%
- • Asset Turnover: 2.71x
- • Equity Multiplier: 1.92x
- Recent ROE (2.85%) is below the historical average (4.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -0.03% | -0.02% | 0.80x | 1.39x | $-16.21 Million |
| 1999 | -0.02% | 0.00% | 0.00x | 1.44x | $-17.68 Million |
| 2000 | 0.04% | 0.03% | 0.85x | 1.67x | $-19.97 Million |
| 2001 | 0.01% | 0.00% | 0.95x | 1.95x | $-27.28 Million |
| 2002 | 0.03% | 0.01% | 1.22x | 1.98x | $-28.64 Million |
| 2003 | -6.62% | -3.93% | 0.76x | 2.20x | $-45.73 Million |
| 2004 | 0.00% | 0.00% | 1.05x | 2.25x | $-39.85 Million |
| 2005 | 0.00% | 0.00% | 0.81x | 2.10x | $-39.62 Million |
| 2006 | 7.78% | 3.92% | 0.84x | 2.37x | $-9.07 Million |
| 2007 | -4.96% | -2.42% | 0.84x | 2.43x | $-59.68 Million |
| 2008 | -4.57% | -1.31% | 1.39x | 2.52x | $-63.55 Million |
| 2009 | 9.10% | 3.68% | 1.59x | 1.56x | $-6.21 Million |
| 2010 | 6.25% | 4.05% | 0.93x | 1.66x | $-48.04 Million |
| 2011 | 12.50% | 6.20% | 1.05x | 1.92x | $34.33 Million |
| 2012 | 13.30% | 6.17% | 1.17x | 1.84x | $50.85 Million |
| 2013 | 8.01% | 3.16% | 1.41x | 1.80x | $-34.96 Million |
| 2014 | 2.88% | 1.23% | 1.23x | 1.91x | $-124.15 Million |
| 2015 | 1.76% | 0.79% | 1.11x | 2.02x | $-150.08 Million |
| 2016 | 1.77% | 0.75% | 1.16x | 2.05x | $-143.30 Million |
| 2017 | 6.74% | 2.74% | 1.27x | 1.94x | $-60.69 Million |
| 2018 | 3.63% | 1.66% | 1.07x | 2.05x | $-123.72 Million |
| 2019 | -6.15% | -2.34% | 1.25x | 2.11x | $-296.63 Million |
| 2020 | 3.21% | 0.96% | 1.82x | 1.83x | $-74.33 Million |
| 2021 | 11.56% | 2.54% | 2.03x | 2.24x | $18.79 Million |
| 2022 | 26.19% | 4.84% | 2.35x | 2.30x | $235.13 Million |
| 2023 | 15.69% | 3.03% | 2.41x | 2.15x | $90.52 Million |
| 2024 | 4.11% | 0.95% | 2.23x | 1.93x | $-88.47 Million |
| 2025 | 2.85% | 0.55% | 2.71x | 1.92x | $-100.26 Million |
Industry Comparison
This section compares GrainCorp Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,544,899,689
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GrainCorp Limited (GRCLF) | $1.40 Billion | -0.03% | 0.92x | $716.36 Million |
| African Agriculture Holdings Inc (AAGRW) | $-22.58 Million | 0.00% | 0.00x | $107.62K |
| Atlantic Sapphire ASA (AASZF) | $255.46 Million | -21.61% | 0.26x | $8.52 Million |
| Australian Agricultural Company Limited (AAYYY) | $843.66 Million | -17.59% | 0.52x | $654.00 Million |
| Archer-Daniels-Midland Company (ADM) | $18.17 Billion | 11.21% | 1.30x | $33.40 Billion |
| Anglo-Eastern Plantations Plc (AEPLF) | $471.37 Million | 10.04% | 0.19x | $166.40 Million |
| Forafric Global PLC Ordinary Shares (AFRI) | $47.65 Million | -16.75% | 5.29x | $31.34 Million |
| Adecoagro SA (AGRO) | $757.16 Million | -0.03% | 0.68x | $248.53 Million |
| Agroz Inc. Ordinary Shares (AGRZ) | $13.73 Million | 25.57% | 2.72x | $5.36 Million |
| Alico Inc (ALCO) | $127.55 Million | 14.50% | 0.45x | $229.15 Million |
| Astral Foods Limited (ALFDF) | $4.79 Billion | 22.32% | 0.76x | $170.88 Million |