Singapore Telecommunications PK
Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, and internationally. It operates through Optus, Singtel Singapore, NCS, and Digital InfraCo segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; pay television, content and… Read more
Singapore Telecommunications PK (SGAPY) - Net Assets
Latest net assets as of September 2025: $27.24 Billion USD
Based on the latest financial reports, Singapore Telecommunications PK (SGAPY) has net assets worth $27.24 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 ($47.78 Billion) and total liabilities ($20.53 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 | $27.24 Billion |
| % of Total Assets | 57.03% |
| Annual Growth Rate | 2.4% |
| 5-Year Change | -2.09% |
| 10-Year Change | 3.82% |
| Growth Volatility | 7.55 |
Singapore Telecommunications PK - Net Assets Trend (2002–2025)
This chart illustrates how Singapore Telecommunications PK's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Singapore Telecommunications PK (2002–2025)
The table below shows the annual net assets of Singapore Telecommunications PK from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $25.96 Billion | +3.97% |
| 2024-03-31 | $24.96 Billion | -0.15% |
| 2023-03-31 | $25.00 Billion | -7.73% |
| 2022-03-31 | $27.10 Billion | +2.21% |
| 2021-03-31 | $26.51 Billion | -1.13% |
| 2020-03-31 | $26.81 Billion | -10.05% |
| 2019-03-31 | $29.81 Billion | +0.33% |
| 2018-03-31 | $29.71 Billion | +5.31% |
| 2017-03-31 | $28.21 Billion | +12.84% |
| 2016-03-31 | $25.00 Billion | +0.95% |
| 2015-03-31 | $24.77 Billion | +3.66% |
| 2014-03-31 | $23.89 Billion | -0.40% |
| 2013-03-31 | $23.99 Billion | +2.31% |
| 2012-03-31 | $23.45 Billion | -3.71% |
| 2011-03-31 | $24.35 Billion | +3.55% |
| 2010-03-31 | $23.52 Billion | +14.71% |
| 2009-03-31 | $20.50 Billion | -2.39% |
| 2008-03-31 | $21.00 Billion | +0.73% |
| 2007-03-31 | $20.85 Billion | -1.15% |
| 2006-03-31 | $21.09 Billion | +9.39% |
| 2005-03-31 | $19.28 Billion | -2.62% |
| 2004-03-31 | $19.80 Billion | +26.78% |
| 2003-03-31 | $15.62 Billion | +3.90% |
| 2002-03-31 | $15.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Singapore Telecommunications PK'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 2499300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.99 Billion | 96.53% |
| Common Stock | $4.57 Billion | 17.66% |
| Total Equity | $25.89 Billion | 100.00% |
Singapore Telecommunications PK Competitors by Market Cap
The table below lists competitors of Singapore Telecommunications PK ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Warner Bros Discovery Inc
NASDAQ:WBD
|
$64.75 Billion |
|
DBS Group Holdings Ltd
PINK:DBSDF
|
$64.65 Billion |
|
Phillips 66
NYSE:PSX
|
$64.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Singapore Telecommunications PK's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,927,700,000 to 25,891,400,000, a change of 963,700,000 (3.9%).
- Net income of 4,017,400,000 contributed positively to equity growth.
- Dividend payments of 2,774,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,398,000,000.
- Other factors decreased equity by 3,629,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.02 Billion | +15.52% |
| Dividends Paid | $2.77 Billion | -10.71% |
| Other Comprehensive Income | $3.40 Billion | +13.12% |
| Other Changes | $-3.63 Billion | -14.02% |
| Total Change | $- | 3.87% |
Book Value vs Market Value Analysis
This analysis compares Singapore Telecommunications PK'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: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.96x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-03-31 | $8.72 | $25.79 | x |
| 2003-03-31 | $8.68 | $25.79 | x |
| 2004-03-31 | $11.07 | $25.79 | x |
| 2005-03-31 | $11.17 | $25.79 | x |
| 2006-03-31 | $12.60 | $25.79 | x |
| 2007-03-31 | $12.76 | $25.79 | x |
| 2008-03-31 | $13.14 | $25.79 | x |
| 2009-03-31 | $12.83 | $25.79 | x |
| 2010-03-31 | $14.71 | $25.79 | x |
| 2011-03-31 | $15.25 | $25.79 | x |
| 2012-03-31 | $14.67 | $25.79 | x |
| 2013-03-31 | $15.00 | $25.79 | x |
| 2014-03-31 | $14.95 | $25.79 | x |
| 2015-03-31 | $15.48 | $25.79 | x |
| 2016-03-31 | $15.65 | $25.79 | x |
| 2017-03-31 | $17.50 | $25.79 | x |
| 2018-03-31 | $18.18 | $25.79 | x |
| 2019-03-31 | $18.26 | $25.79 | x |
| 2020-03-31 | $16.39 | $25.79 | x |
| 2021-03-31 | $16.16 | $25.79 | x |
| 2022-03-31 | $16.36 | $25.79 | x |
| 2023-03-31 | $15.09 | $25.79 | x |
| 2024-03-31 | $15.06 | $25.79 | x |
| 2025-03-31 | $15.64 | $25.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Singapore Telecommunications PK 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): 15.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.40%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.81x
- Recent ROE (15.52%) is above the historical average (13.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.19% | 22.44% | 0.21x | 2.42x | $173.40 Million |
| 2003 | 9.05% | 13.65% | 0.30x | 2.18x | $-146.50 Million |
| 2004 | 22.71% | 37.39% | 0.33x | 1.87x | $2.51 Billion |
| 2005 | 16.96% | 25.90% | 0.36x | 1.83x | $1.34 Billion |
| 2006 | 19.74% | 31.69% | 0.39x | 1.59x | $2.05 Billion |
| 2007 | 18.13% | 28.25% | 0.41x | 1.57x | $1.69 Billion |
| 2008 | 18.86% | 26.68% | 0.43x | 1.65x | $1.86 Billion |
| 2009 | 16.84% | 23.09% | 0.45x | 1.62x | $1.40 Billion |
| 2010 | 16.63% | 23.16% | 0.44x | 1.62x | $1.56 Billion |
| 2011 | 15.72% | 21.17% | 0.46x | 1.61x | $1.39 Billion |
| 2012 | 17.03% | 21.19% | 0.47x | 1.73x | $1.65 Billion |
| 2013 | 14.64% | 19.29% | 0.45x | 1.67x | $1.11 Billion |
| 2014 | 15.30% | 21.68% | 0.43x | 1.65x | $1.27 Billion |
| 2015 | 15.29% | 21.96% | 0.41x | 1.70x | $1.31 Billion |
| 2016 | 15.50% | 22.82% | 0.39x | 1.74x | $1.37 Billion |
| 2017 | 13.67% | 23.05% | 0.35x | 1.71x | $1.03 Billion |
| 2018 | 18.42% | 31.69% | 0.36x | 1.63x | $2.50 Billion |
| 2019 | 10.37% | 17.81% | 0.36x | 1.64x | $110.72 Million |
| 2020 | 4.01% | 6.50% | 0.34x | 1.83x | $-1.60 Billion |
| 2021 | 2.09% | 3.54% | 0.33x | 1.81x | $-2.09 Billion |
| 2022 | 7.20% | 12.70% | 0.31x | 1.81x | $-759.51 Million |
| 2023 | 8.91% | 15.21% | 0.31x | 1.86x | $-273.45 Million |
| 2024 | 3.19% | 5.63% | 0.31x | 1.85x | $-1.70 Billion |
| 2025 | 15.52% | 28.40% | 0.30x | 1.81x | $1.43 Billion |
Industry Comparison
This section compares Singapore Telecommunications PK's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $24,630,532,890
- Average return on equity (ROE) among peers: 0.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Singapore Telecommunications PK (SGAPY) | $27.24 Billion | 11.19% | 0.75x | $64.66 Billion |
| Airtel Africa Plc (AARTY) | $3.35 Billion | 10.11% | 1.98x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $-39.89K | 0.00% | 0.00x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $-1.00 Million | 0.00% | 0.00x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $4.65 Billion | 1.16% | 1.31x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $216.64 Million | -3.32% | 0.39x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $237.89 Billion | 19.70% | 5.33x | $12.75 Billion |
| Alpha One Inc (AOAO) | $-3.26 Million | 0.00% | 0.00x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $311.64K | -6.99% | 0.47x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $-4.79 Million | 0.00% | 0.00x | $5.26K |
| Anterix Inc (ATEX) | $202.47 Million | -15.13% | 0.09x | $481.87 Million |