South32 Limited
South32 Limited operates as a diversified metals and mining company. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Australia Manganese, and South Africa Manganese segments. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, and manganese products. T… Read more
South32 Limited (SHTLF) - Net Assets
Latest net assets as of June 2025: $8.86 Billion USD
Based on the latest financial reports, South32 Limited (SHTLF) has net assets worth $8.86 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 ($13.73 Billion) and total liabilities ($4.87 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 | $8.86 Billion |
| % of Total Assets | 64.52% |
| Annual Growth Rate | -3.36% |
| 5-Year Change | -1.08% |
| 10-Year Change | -6.0% |
| Growth Volatility | 11.77 |
South32 Limited - Net Assets Trend (2012–2025)
This chart illustrates how South32 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 South32 Limited (2012–2025)
The table below shows the annual net assets of South32 Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $8.86 Billion | -1.27% |
| 2024-06-30 | $8.97 Billion | -4.31% |
| 2023-06-30 | $9.38 Billion | -13.03% |
| 2022-06-30 | $10.78 Billion | +20.38% |
| 2021-06-30 | $8.95 Billion | -6.36% |
| 2020-06-30 | $9.56 Billion | -5.96% |
| 2019-06-30 | $10.17 Billion | -5.05% |
| 2018-06-30 | $10.71 Billion | +4.63% |
| 2017-06-30 | $10.23 Billion | +8.63% |
| 2016-06-30 | $9.42 Billion | -14.62% |
| 2015-06-30 | $11.04 Billion | +12.37% |
| 2014-06-30 | $9.82 Billion | -2.96% |
| 2013-06-30 | $10.12 Billion | -26.73% |
| 2012-06-30 | $13.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to South32 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 decreased by 72300000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.16 Billion | 148.78% |
| Total Equity | $8.85 Billion | 100.00% |
South32 Limited Competitors by Market Cap
The table below lists competitors of South32 Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Skyworks Solutions Inc
NASDAQ:SWKS
|
$8.16 Billion |
|
Smiths Group plc
PINK:SMGKF
|
$8.16 Billion |
|
Nongfu Spring Co. Ltd
PINK:NNFSF
|
$8.18 Billion |
|
Nanya Technology Corp
TW:2408
|
$8.18 Billion |
|
Tetra Tech Inc
NASDAQ:TTEK
|
$8.14 Billion |
|
Watts Water Technologies Inc
NYSE:WTS
|
$8.14 Billion |
|
Littelfuse Inc
NASDAQ:LFUS
|
$8.13 Billion |
|
China Development Financial Holding Corp
TW:2883
|
$8.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in South32 Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,960,000,000 to 8,845,000,000, a change of -115,000,000 (-1.3%).
- Net income of 213,000,000 contributed positively to equity growth.
- Dividend payments of 294,000,000 reduced retained earnings.
- Share repurchases of 56,000,000 reduced equity.
- Other comprehensive income increased equity by 3,575,000,000.
- Other factors decreased equity by 3,543,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $213.00 Million | +2.41% |
| Dividends Paid | $294.00 Million | -3.32% |
| Share Repurchases | $56.00 Million | -0.63% |
| Other Comprehensive Income | $3.58 Billion | +40.42% |
| Other Changes | $-3.54 Billion | -40.06% |
| Total Change | $- | -1.28% |
Book Value vs Market Value Analysis
This analysis compares South32 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: 0.98x
- 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 increased from 0.79x to 0.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-06-30 | $2.43 | $1.93 | x |
| 2013-06-30 | $1.73 | $1.93 | x |
| 2014-06-30 | $1.68 | $1.93 | x |
| 2015-06-30 | $3.21 | $1.93 | x |
| 2016-06-30 | $1.77 | $1.93 | x |
| 2017-06-30 | $1.91 | $1.93 | x |
| 2018-06-30 | $2.04 | $1.93 | x |
| 2019-06-30 | $1.99 | $1.93 | x |
| 2020-06-30 | $1.95 | $1.93 | x |
| 2021-06-30 | $1.87 | $1.93 | x |
| 2022-06-30 | $2.30 | $1.93 | x |
| 2023-06-30 | $2.05 | $1.93 | x |
| 2024-06-30 | $1.98 | $1.93 | x |
| 2025-06-30 | $1.96 | $1.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently South32 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): 2.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.69%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.55x
- Recent ROE (2.41%) is above the historical average (1.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.77% | 10.13% | 0.58x | 1.85x | $100.00 Million |
| 2013 | -15.92% | -12.13% | 0.62x | 2.12x | $-2.39 Billion |
| 2014 | 0.51% | 0.43% | 0.55x | 2.20x | $-849.30 Million |
| 2015 | -8.33% | -23.91% | 0.25x | 1.40x | $-2.02 Billion |
| 2016 | -17.14% | -26.39% | 0.46x | 1.42x | $-2.56 Billion |
| 2017 | 12.03% | 17.11% | 0.49x | 1.44x | $207.40 Million |
| 2018 | 12.44% | 17.64% | 0.50x | 1.41x | $261.00 Million |
| 2019 | 3.83% | 5.35% | 0.49x | 1.45x | $-627.90 Million |
| 2020 | -0.68% | -1.30% | 0.36x | 1.44x | $-1.02 Billion |
| 2021 | -2.18% | -3.56% | 0.41x | 1.48x | $-1.09 Billion |
| 2022 | 24.76% | 28.79% | 0.57x | 1.52x | $1.59 Billion |
| 2023 | -1.85% | -3.06% | 0.39x | 1.55x | $-1.11 Billion |
| 2024 | -2.27% | -3.71% | 0.38x | 1.59x | $-1.10 Billion |
| 2025 | 2.41% | 3.69% | 0.42x | 1.55x | $-671.50 Million |
Industry Comparison
This section compares South32 Limited's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,436,891,869
- Average return on equity (ROE) among peers: -95.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| South32 Limited (SHTLF) | $8.86 Billion | 10.77% | 0.55x | $8.15 Billion |
| Asia Broadband Inc (AABB) | $204.90K | -396.88% | 2.89x | $231.65 |
| Altair Resources Inc (AAEEF) | $-288.26K | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $-71.30K | 0.00% | 0.00x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $31.17 Million | -4.21% | 0.19x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $3.76 Million | -50.20% | 0.18x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-742.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $5.68 Million | -407.57% | 1.10x | $14.34 Million |