Spark New Zealand Ltd
Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It operates through Mobile, Broadband, IT Products, Voice, IT Services, Procurement and Partners, and High-tech segments. The company offers telecommunications, information technology, media, and other digital products and services, including mobile services; broadband servi… Read more
Spark New Zealand Ltd (NZTCF) - Net Assets
Latest net assets as of December 2025: $1.35 Billion USD
Based on the latest financial reports, Spark New Zealand Ltd (NZTCF) has net assets worth $1.35 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.38 Billion) and total liabilities ($3.03 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 | $1.35 Billion |
| % of Total Assets | 30.91% |
| Annual Growth Rate | -1.72% |
| 5-Year Change | 1.13% |
| 10-Year Change | -7.93% |
| Growth Volatility | 1923.19 |
Spark New Zealand Ltd - Net Assets Trend (1991–2025)
This chart illustrates how Spark New Zealand Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spark New Zealand Ltd (1991–2025)
The table below shows the annual net assets of Spark New Zealand Ltd from 1991 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $1.52 Billion | -4.40% |
| 2024-06-30 | $1.59 Billion | -18.04% |
| 2023-06-30 | $1.94 Billion | +31.53% |
| 2022-06-30 | $1.48 Billion | -1.86% |
| 2021-06-30 | $1.50 Billion | +0.67% |
| 2020-06-30 | $1.49 Billion | +1.91% |
| 2019-06-30 | $1.47 Billion | -4.93% |
| 2018-06-30 | $1.54 Billion | +6868.75% |
| 2017-12-31 | $22.11 Million | -98.66% |
| 2017-06-30 | $1.65 Billion | +6425.43% |
| 2016-12-31 | $25.30 Million | -98.50% |
| 2016-06-30 | $1.68 Billion | +6181.24% |
| 2015-12-31 | $26.81 Million | -98.49% |
| 2015-06-30 | $1.78 Billion | +5458.33% |
| 2014-12-31 | $31.99 Million | -98.13% |
| 2014-06-30 | $1.71 Billion | +20.88% |
| 2013-06-30 | $1.41 Billion | -13.10% |
| 2012-06-30 | $1.63 Billion | -29.64% |
| 2011-06-30 | $2.31 Billion | -9.19% |
| 2010-06-30 | $2.54 Billion | -6.30% |
| 2009-06-30 | $2.72 Billion | -0.73% |
| 2008-06-30 | $2.74 Billion | -24.08% |
| 2007-06-30 | $3.60 Billion | +239.36% |
| 2006-06-30 | $1.06 Billion | -56.39% |
| 2005-06-30 | $2.44 Billion | +10.28% |
| 2004-06-30 | $2.21 Billion | +24.96% |
| 2003-06-30 | $1.77 Billion | +33.06% |
| 2002-06-30 | $1.33 Billion | -33.70% |
| 2001-06-30 | $2.00 Billion | -7.35% |
| 2000-06-30 | $2.16 Billion | +6.29% |
| 1999-06-30 | $2.03 Billion | +1.18% |
| 1998-06-30 | $2.01 Billion | +22.38% |
| 1997-06-30 | $1.64 Billion | -23.54% |
| 1996-06-30 | $2.15 Billion | +2.79% |
| 1995-06-30 | $2.09 Billion | +2.83% |
| 1994-06-30 | $2.03 Billion | -17.06% |
| 1993-06-30 | $2.45 Billion | -9.24% |
| 1992-06-30 | $2.70 Billion | -1.50% |
| 1991-06-30 | $2.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spark New Zealand Ltd'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 120.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $569.00 Million | 37.43% |
| Common Stock | $994.00 Million | 65.39% |
| Other Comprehensive Income | $-43.00 Million | -2.83% |
| Total Equity | $1.52 Billion | 100.00% |
Spark New Zealand Ltd Competitors by Market Cap
The table below lists competitors of Spark New Zealand Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aurubis AG
PINK:AIAGF
|
$2.34 Billion |
|
Premium Brands Holdings Corporation
PINK:PRBZF
|
$2.34 Billion |
|
DSFIY
PINK:DSFIY
|
$2.34 Billion |
|
Pharmaron Beijing Co., Ltd.
PINK:PHBBF
|
$2.34 Billion |
|
The Cheesecake Factory
NASDAQ:CAKE
|
$2.34 Billion |
|
FB Financial Corp
NYSE:FBK
|
$2.34 Billion |
|
Hawaiian Electric Industries Inc
NYSE:HE
|
$2.34 Billion |
|
Ringcentral Inc
NYSE:RNG
|
$2.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spark New Zealand Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,590,000,000 to 1,520,000,000, a change of -70,000,000 (-4.4%).
- Net income of 260,000,000 contributed positively to equity growth.
- Dividend payments of 302,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 371,000,000.
- Other factors decreased equity by 399,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $260.00 Million | +17.11% |
| Dividends Paid | $302.00 Million | -19.87% |
| Other Comprehensive Income | $371.00 Million | +24.41% |
| Other Changes | $-399.00 Million | -26.25% |
| Total Change | $- | -4.40% |
Book Value vs Market Value Analysis
This analysis compares Spark New Zealand Ltd'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: 1.51x
- 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 0.84x to 1.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-06-30 | $1.48 | $1.24 | x |
| 1992-06-30 | $1.46 | $1.24 | x |
| 1993-06-30 | $1.32 | $1.24 | x |
| 1994-06-30 | $1.10 | $1.24 | x |
| 1995-06-30 | $1.13 | $1.24 | x |
| 1996-06-30 | $1.16 | $1.24 | x |
| 1997-06-30 | $0.89 | $1.24 | x |
| 1998-06-30 | $1.08 | $1.24 | x |
| 1999-06-30 | $1.10 | $1.24 | x |
| 2000-06-30 | $1.33 | $1.24 | x |
| 2001-06-30 | $1.08 | $1.24 | x |
| 2002-06-30 | $0.72 | $1.24 | x |
| 2003-06-30 | $0.96 | $1.24 | x |
| 2004-06-30 | $1.19 | $1.24 | x |
| 2005-06-30 | $1.31 | $1.24 | x |
| 2006-06-30 | $0.57 | $1.24 | x |
| 2007-06-30 | $1.95 | $1.24 | x |
| 2008-06-30 | $1.48 | $1.24 | x |
| 2009-06-30 | $1.47 | $1.24 | x |
| 2010-06-30 | $1.37 | $1.24 | x |
| 2011-06-30 | $1.25 | $1.24 | x |
| 2012-06-30 | $0.88 | $1.24 | x |
| 2013-06-30 | $0.76 | $1.24 | x |
| 2014-06-30 | $0.92 | $1.24 | x |
| 2015-06-30 | $0.97 | $1.24 | x |
| 2016-06-30 | $0.91 | $1.24 | x |
| 2017-06-30 | $0.89 | $1.24 | x |
| 2018-06-30 | $0.83 | $1.24 | x |
| 2019-06-30 | $0.79 | $1.24 | x |
| 2020-06-30 | $0.81 | $1.24 | x |
| 2021-06-30 | $0.81 | $1.24 | x |
| 2022-06-30 | $0.80 | $1.24 | x |
| 2023-06-30 | $1.05 | $1.24 | x |
| 2024-06-30 | $0.87 | $1.24 | x |
| 2025-06-30 | $0.82 | $1.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spark New Zealand Ltd 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): 17.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.18%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.98x
- Recent ROE (17.11%) is above the historical average (15.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 12.79% | 13.65% | 0.52x | 1.82x | $76.37 Million |
| 1992 | -0.05% | -0.05% | 0.53x | 1.80x | $-270.93 Million |
| 1993 | -0.04% | -0.04% | 0.52x | 1.94x | $-245.55 Million |
| 1994 | -0.03% | -0.02% | 0.55x | 2.25x | $-203.63 Million |
| 1995 | -0.05% | -0.04% | 0.62x | 2.19x | $-209.62 Million |
| 1996 | 0.11% | 0.08% | 0.69x | 2.14x | $-212.20 Million |
| 1997 | 35.44% | 18.72% | 0.67x | 2.82x | $417.37 Million |
| 1998 | 42.18% | 24.87% | 0.66x | 2.58x | $644.83 Million |
| 1999 | 43.27% | 25.54% | 0.64x | 2.65x | $674.30 Million |
| 2000 | 40.38% | 19.33% | 0.54x | 3.85x | $629.70 Million |
| 2001 | -0.90% | -0.32% | 0.63x | 4.49x | $-217.70 Million |
| 2002 | 0.15% | 0.04% | 0.67x | 6.22x | $-130.50 Million |
| 2003 | -0.17% | -0.06% | 0.67x | 4.39x | $-179.50 Million |
| 2004 | -0.14% | -0.06% | 0.71x | 3.40x | $-223.50 Million |
| 2005 | -0.12% | -0.05% | 0.75x | 3.06x | $-245.70 Million |
| 2006 | -41.23% | -7.56% | 0.93x | 5.88x | $-540.50 Million |
| 2007 | 84.05% | 54.37% | 0.67x | 2.30x | $2.66 Billion |
| 2008 | 26.02% | 12.73% | 0.75x | 2.71x | $437.10 Million |
| 2009 | 14.68% | 7.29% | 0.78x | 2.60x | $126.90 Million |
| 2010 | 14.97% | 7.36% | 0.75x | 2.70x | $126.10 Million |
| 2011 | 7.11% | 3.23% | 0.79x | 2.77x | $-66.60 Million |
| 2012 | 71.25% | 25.89% | 1.22x | 2.26x | $992.90 Million |
| 2013 | 16.77% | 5.74% | 1.18x | 2.48x | $95.30 Million |
| 2014 | 26.91% | 12.88% | 1.10x | 1.91x | $287.80 Million |
| 2014 | -20.13% | -80.48% | 0.14x | 1.83x | $-9.64 Million |
| 2015 | 20.98% | 11.14% | 1.04x | 1.80x | $195.20 Million |
| 2015 | -19.31% | -381.30% | 0.03x | 1.74x | $-7.86 Million |
| 2016 | 21.97% | 11.06% | 1.03x | 1.92x | $201.60 Million |
| 2016 | -15.70% | -280.64% | 0.03x | 1.72x | $-6.50 Million |
| 2017 | 25.32% | 12.17% | 1.03x | 2.02x | $252.90 Million |
| 2017 | -14.41% | -207.15% | 0.04x | 1.64x | $-5.40 Million |
| 2018 | 24.98% | 10.73% | 1.05x | 2.22x | $230.90 Million |
| 2019 | 27.92% | 11.63% | 0.86x | 2.80x | $262.50 Million |
| 2020 | 28.60% | 11.90% | 0.83x | 2.91x | $277.70 Million |
| 2021 | 25.55% | 10.77% | 0.87x | 2.74x | $233.70 Million |
| 2022 | 27.80% | 11.10% | 0.88x | 2.84x | $262.50 Million |
| 2023 | 58.51% | 29.29% | 0.86x | 2.31x | $941.00 Million |
| 2024 | 19.87% | 8.41% | 0.81x | 2.92x | $157.00 Million |
| 2025 | 17.11% | 7.18% | 0.80x | 2.98x | $108.00 Million |
Industry Comparison
This section compares Spark New Zealand Ltd'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 |
|---|---|---|---|---|
| Spark New Zealand Ltd (NZTCF) | $1.35 Billion | 12.79% | 2.24x | $2.34 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 |