NetLink NBN Trust
NetLink NBN Trust, an investment holding company, owns, designs, builds, and operates the passive fibre network infrastructure for residential homes and non-residential premises, and non-building address point (NBAP) connections in mainland Singapore and its connected islands. The company's passive fiber network infrastructure includes ducts, manholes, fibre cables, and central offices. NetLink N… Read more
NetLink NBN Trust (NETLF) - Net Assets
Latest net assets as of March 2025: $2.39 Billion USD
Based on the latest financial reports, NetLink NBN Trust (NETLF) has net assets worth $2.39 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.86 Billion) and total liabilities ($1.47 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 | $2.39 Billion |
| % of Total Assets | 61.98% |
| Annual Growth Rate | -3.81% |
| 5-Year Change | -14.63% |
| 10-Year Change | N/A |
| Growth Volatility | 0.76 |
NetLink NBN Trust - Net Assets Trend (2020–2025)
This chart illustrates how NetLink NBN Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NetLink NBN Trust (2020–2025)
The table below shows the annual net assets of NetLink NBN Trust from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $2.39 Billion | -5.12% |
| 2024-03-31 | $2.52 Billion | -4.15% |
| 2023-03-31 | $2.63 Billion | -3.11% |
| 2022-03-31 | $2.72 Billion | -3.11% |
| 2021-03-31 | $2.80 Billion | -3.55% |
| 2020-03-31 | $2.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NetLink NBN Trust'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 51776400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $3.12 Billion | 130.45% |
| Total Equity | $2.39 Billion | 100.00% |
NetLink NBN Trust Competitors by Market Cap
The table below lists competitors of NetLink NBN Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aecc Aero Engine Control Co Ltd
SHE:000738
|
$1.98 Billion |
|
Guangdong Aofei Data Technology Co Ltd Class A
SHE:300738
|
$1.98 Billion |
|
Indian Railway Finance Corporation Limited
NSE:IRFC
|
$1.98 Billion |
|
China Ruyi Holdings Limited
F:4Z81
|
$1.98 Billion |
|
Kemira Oyj
PINK:KOYJF
|
$1.97 Billion |
|
LIQUIDIA CORP. DL-001
F:LT4
|
$1.97 Billion |
|
Banner Corporation
NASDAQ:BANR
|
$1.97 Billion |
|
Alpha Metallurgical Resources Inc
NYSE:AMR
|
$1.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NetLink NBN Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,522,665,000 to 2,393,519,000, a change of -129,146,000 (-5.1%).
- Net income of 95,354,000 contributed positively to equity growth.
- Dividend payments of 207,709,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $95.35 Million | +3.98% |
| Dividends Paid | $207.71 Million | -8.68% |
| Other Changes | $-16.79 Million | -0.7% |
| Total Change | $- | -5.12% |
Book Value vs Market Value Analysis
This analysis compares NetLink NBN Trust'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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.91x to 1.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-03-31 | $0.75 | $0.68 | x |
| 2021-03-31 | $0.72 | $0.68 | x |
| 2022-03-31 | $0.70 | $0.68 | x |
| 2023-03-31 | $0.68 | $0.68 | x |
| 2024-03-31 | $0.65 | $0.68 | x |
| 2025-03-31 | $0.61 | $0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NetLink NBN Trust 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): 3.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.43%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.61x
- Recent ROE (3.98%) is above the historical average (3.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 2.69% | 21.10% | 0.09x | 1.45x | $-212.58 Million |
| 2021 | 3.38% | 25.73% | 0.09x | 1.47x | $-185.56 Million |
| 2022 | 3.36% | 24.17% | 0.09x | 1.48x | $-180.38 Million |
| 2023 | 4.15% | 27.08% | 0.10x | 1.52x | $-153.93 Million |
| 2024 | 4.09% | 25.09% | 0.11x | 1.55x | $-149.06 Million |
| 2025 | 3.98% | 23.43% | 0.11x | 1.61x | $-144.00 Million |
Industry Comparison
This section compares NetLink NBN Trust's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,400,809,556
- Average return on equity (ROE) among peers: -3515.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NetLink NBN Trust (NETLF) | $2.39 Billion | 2.69% | 0.61x | $1.97 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) | $4.08 Billion | 3.68% | 0.78x | $745.07 Million |
| Alvarion Ltd (ALVRQ) | $220.55 Million | 5.69% | 0.42x | $0.93 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $436.69 Billion | 5.24% | 3.14x | $12.75 Billion |
| Alpha One Inc (AOAO) | $71.34 | -458.09% | 4.03x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $161.29K | -72.74% | 2.36x | $211.67 |
| Vapor Hub International Inc. (ASHI) | $-4.79 Million | 0.00% | 0.00x | $5.26K |
| Anterix Inc (ATEX) | $245.07 Million | -15.36% | 0.09x | $464.45 Million |