Synlait Milk Limited
Synlait Milk Limited, together with its subsidiaries, manufactures, processes, and sells dairy and non-dairy products in China, rest of Asia, the Middle East, Africa, New Zealand, Australia, and internationally. It operates through Synlait and Dairyworks segments. The company offers milk powder, milk powder-related products, fresh milk, ultra heat treatment milk and cream, cheese, and butter; ski… Read more
Synlait Milk Limited (SMLKF) - Net Assets
Latest net assets as of July 2025: $205.57 Million USD
Based on the latest financial reports, Synlait Milk Limited (SMLKF) has net assets worth $205.57 Million USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($980.66 Million) and total liabilities ($775.09 Million). 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 | $205.57 Million |
| % of Total Assets | 20.96% |
| Annual Growth Rate | 1.9% |
| 5-Year Change | -73.2% |
| 10-Year Change | -19.96% |
| Growth Volatility | 29.82 |
Synlait Milk Limited - Net Assets Trend (2013–2025)
This chart illustrates how Synlait Milk 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 Synlait Milk Limited (2013–2025)
The table below shows the annual net assets of Synlait Milk Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $205.57 Million | -66.01% |
| 2024-07-31 | $604.80 Million | -23.48% |
| 2023-07-31 | $790.37 Million | +5.61% |
| 2022-07-31 | $748.40 Million | -2.44% |
| 2021-07-31 | $767.11 Million | +26.90% |
| 2020-07-31 | $604.51 Million | +22.78% |
| 2019-07-31 | $492.36 Million | +15.92% |
| 2018-07-31 | $424.75 Million | +12.75% |
| 2017-07-31 | $376.71 Million | +46.67% |
| 2016-07-31 | $256.84 Million | +49.46% |
| 2015-07-31 | $171.85 Million | -6.16% |
| 2014-07-31 | $183.13 Million | +11.64% |
| 2013-07-31 | $164.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Synlait Milk 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 7699854400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $62.31 Million | 13.42% |
| Common Stock | $398.47 Million | 85.81% |
| Other Comprehensive Income | $3.56 Million | 0.77% |
| Total Equity | $464.34 Million | 100.00% |
Synlait Milk Limited Competitors by Market Cap
The table below lists competitors of Synlait Milk Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nova Vision Acquisition Corp
NASDAQ:NOVV
|
$65.98 Million |
|
Penneo AS
CO:PENNEO
|
$66.02 Million |
|
Genesys International Corporation Limited
NSE:GENESYS
|
$66.03 Million |
|
ESGL Holdings Limited Ordinary Shares
NASDAQ:ESGL
|
$66.06 Million |
|
EUROAPI SAS EO 1
F:940
|
$65.91 Million |
|
Euroapi SAS
PA:EAPI
|
$65.91 Million |
|
Canadian Net Real Estate Investment Trust
PINK:CNNRF
|
$65.89 Million |
|
MINDs Lab Inc.
KQ:377480
|
$65.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Synlait Milk Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 604,798,000 to 464,342,542, a change of -140,455,458 (-23.2%).
- Net loss of 23,442,414 reduced equity.
- Other comprehensive income increased equity by 9,213,691.
- Other factors decreased equity by 126,226,735.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-23.44 Million | -5.05% |
| Other Comprehensive Income | $9.21 Million | +1.98% |
| Other Changes | $-126.23 Million | -27.18% |
| Total Change | $- | -23.22% |
Book Value vs Market Value Analysis
This analysis compares Synlait Milk 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: 1.13x
- 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 0.67x to 1.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-07-31 | $1.45 | $0.97 | x |
| 2014-07-31 | $1.25 | $0.97 | x |
| 2015-07-31 | $1.17 | $0.97 | x |
| 2016-07-31 | $1.76 | $0.97 | x |
| 2017-07-31 | $2.17 | $0.97 | x |
| 2018-07-31 | $2.37 | $0.97 | x |
| 2019-07-31 | $2.74 | $0.97 | x |
| 2020-07-31 | $3.36 | $0.97 | x |
| 2021-07-31 | $3.71 | $0.97 | x |
| 2022-07-31 | $3.42 | $0.97 | x |
| 2023-07-31 | $3.62 | $0.97 | x |
| 2024-07-31 | $2.77 | $0.97 | x |
| 2025-07-31 | $0.86 | $0.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Synlait Milk 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): -5.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.28%
- • Asset Turnover: 1.86x
- • Equity Multiplier: 2.11x
- Recent ROE (-5.05%) is below the historical average (4.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.03% | 2.74% | 1.21x | 2.11x | $-4.88 Million |
| 2014 | 10.70% | 3.26% | 1.26x | 2.60x | $1.29 Million |
| 2015 | 6.14% | 2.35% | 0.77x | 3.37x | $-6.63 Million |
| 2016 | 13.39% | 6.29% | 0.93x | 2.30x | $8.70 Million |
| 2017 | 10.15% | 5.04% | 1.04x | 1.94x | $551.50K |
| 2018 | 17.55% | 8.48% | 1.11x | 1.87x | $32.08 Million |
| 2019 | 16.70% | 8.03% | 0.89x | 2.34x | $33.00 Million |
| 2020 | 12.44% | 5.78% | 0.87x | 2.47x | $14.76 Million |
| 2021 | -3.71% | -2.08% | 0.84x | 2.12x | $-105.16 Million |
| 2022 | 5.15% | 2.76% | 0.87x | 2.14x | $-36.32 Million |
| 2023 | -0.54% | -0.32% | 0.77x | 2.17x | $-83.33 Million |
| 2024 | -30.11% | -11.13% | 1.10x | 2.47x | $-242.59 Million |
| 2025 | -5.05% | -1.28% | 1.86x | 2.11x | $-69.88 Million |
Industry Comparison
This section compares Synlait Milk Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Synlait Milk Limited (SMLKF) | $205.57 Million | 7.03% | 3.77x | $65.97 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |