Sims Limited
Sims Limited engages in buying, processing, and selling of ferrous and non-ferrous recycled metals in Australia, China, India, Thailand, Turkey, the United States, and internationally. The company operates through five segments: North America Metal, Australia/New Zealand Metal, Investment in SA Recycling, Sims Lifecycle Services, and Global Trading Operations. It is also involved in the collectio… Read more
Sims Limited (SMUPF) - Net Assets
Latest net assets as of December 2025: $2.50 Billion USD
Based on the latest financial reports, Sims Limited (SMUPF) has net assets worth $2.50 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 ($4.34 Billion) and total liabilities ($1.84 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 | $2.50 Billion |
| % of Total Assets | 57.59% |
| Annual Growth Rate | 34.45% |
| 5-Year Change | 22.07% |
| 10-Year Change | 41.16% |
| Growth Volatility | 17437.2 |
Sims Limited - Net Assets Trend (1991–2025)
This chart illustrates how Sims 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 Sims Limited (1991–2025)
The table below shows the annual net assets of Sims Limited from 1991 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $2.59 Billion | +0.94% |
| 2024-06-30 | $2.56 Billion | -3.54% |
| 2023-06-30 | $2.66 Billion | +4.70% |
| 2022-06-30 | $2.54 Billion | +19.74% |
| 2021-06-30 | $2.12 Billion | +6.90% |
| 2020-06-30 | $1.98 Billion | -13.76% |
| 2019-06-30 | $2.30 Billion | +5.03% |
| 2018-06-30 | $2.19 Billion | +11.24% |
| 2017-06-30 | $1.97 Billion | +7.37% |
| 2016-06-30 | $1.83 Billion | -13.27% |
| 2015-06-30 | $2.11 Billion | +15.21% |
| 2014-06-30 | $1.83 Billion | -4.92% |
| 2013-06-30 | $1.93 Billion | -19.45% |
| 2012-06-30 | $2.39 Billion | -18.01% |
| 2011-06-30 | $2.92 Billion | -10.93% |
| 2010-06-30 | $3.28 Billion | +14.68% |
| 2009-06-30 | $2.86 Billion | -3.48% |
| 2008-06-30 | $2.96 Billion | +123.61% |
| 2007-06-30 | $1.32 Billion | +10.68% |
| 2006-06-30 | $1.20 Billion | +123.50% |
| 2005-06-30 | $535.47 Million | +19.37% |
| 2004-06-30 | $448.57 Million | +13.00% |
| 2003-06-30 | $396.97 Million | +17.16% |
| 2002-06-30 | $338.84 Million | +10.02% |
| 2001-06-30 | $307.99 Million | +10.48% |
| 2000-06-30 | $278.77 Million | +7.16% |
| 1999-06-30 | $260.14 Million | -5.83% |
| 1998-06-30 | $276.23 Million | +12.76% |
| 1997-06-30 | $244.98 Million | +15.79% |
| 1996-06-30 | $211.56 Million | +5.70% |
| 1995-06-30 | $200.16 Million | +30.85% |
| 1994-06-30 | $152.97 Million | +24.71% |
| 1993-06-30 | $122.66 Million | +7.93% |
| 1992-06-30 | $113.65 Million | +103217.27% |
| 1991-06-30 | $110.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sims 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 496736.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.59 Billion | 99.96% |
| Other Comprehensive Income | $547.40 Million | 21.16% |
| Total Equity | $2.59 Billion | 100.00% |
Sims Limited Competitors by Market Cap
The table below lists competitors of Sims Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seazen Holdings Co Ltd
SHG:601155
|
$1.50 Billion |
|
V2X INC. DL-01
F:1V1
|
$1.50 Billion |
|
Walker & Dunlop Inc
NYSE:WD
|
$1.50 Billion |
|
StarPower Semiconductor Ltd
SHG:603290
|
$1.50 Billion |
|
Alexander & Baldwin Holdings Inc
NYSE:ALEX
|
$1.50 Billion |
|
YTL Corporation Berhad
PINK:YTLCF
|
$1.50 Billion |
|
Antong Holdings Co Ltd
SHG:600179
|
$1.50 Billion |
|
Region Group
AU:RGN
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sims Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,562,700,000 to 2,586,800,000, a change of 24,100,000 (0.9%).
- Net loss of 19,000,000 reduced equity.
- Dividend payments of 38,600,000 reduced retained earnings.
- Other comprehensive income increased equity by 99,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-19.00 Million | -0.73% |
| Dividends Paid | $38.60 Million | -1.49% |
| Other Comprehensive Income | $99.40 Million | +3.84% |
| Other Changes | $-17.70 Million | -0.68% |
| Total Change | $- | 0.94% |
Book Value vs Market Value Analysis
This analysis compares Sims 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: 0.70x
- 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 decreased from 17305.84x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-06-30 | $0.00 | $9.44 | x |
| 1992-06-30 | $0.56 | $9.44 | x |
| 1993-06-30 | $0.61 | $9.44 | x |
| 1994-06-30 | $0.76 | $9.44 | x |
| 1995-06-30 | $0.95 | $9.44 | x |
| 1996-06-30 | $1.01 | $9.44 | x |
| 1997-06-30 | $1.16 | $9.44 | x |
| 1998-06-30 | $1.37 | $9.44 | x |
| 1999-06-30 | $1.29 | $9.44 | x |
| 2000-06-30 | $1.38 | $9.44 | x |
| 2001-06-30 | $1.53 | $9.44 | x |
| 2002-06-30 | $1.68 | $9.44 | x |
| 2003-06-30 | $1.97 | $9.44 | x |
| 2004-06-30 | $2.22 | $9.44 | x |
| 2005-06-30 | $2.66 | $9.44 | x |
| 2006-06-30 | $5.93 | $9.44 | x |
| 2007-06-30 | $6.57 | $9.44 | x |
| 2008-06-30 | $14.69 | $9.44 | x |
| 2009-06-30 | $14.18 | $9.44 | x |
| 2010-06-30 | $16.26 | $9.44 | x |
| 2011-06-30 | $14.18 | $9.44 | x |
| 2012-06-30 | $11.63 | $9.44 | x |
| 2013-06-30 | $9.44 | $9.44 | x |
| 2014-06-30 | $8.97 | $9.44 | x |
| 2015-06-30 | $10.32 | $9.44 | x |
| 2016-06-30 | $9.04 | $9.44 | x |
| 2017-06-30 | $9.76 | $9.44 | x |
| 2018-06-30 | $10.85 | $9.44 | x |
| 2019-06-30 | $11.18 | $9.44 | x |
| 2020-06-30 | $9.81 | $9.44 | x |
| 2021-06-30 | $10.51 | $9.44 | x |
| 2022-06-30 | $12.58 | $9.44 | x |
| 2023-06-30 | $13.17 | $9.44 | x |
| 2024-06-30 | $13.06 | $9.44 | x |
| 2025-06-30 | $13.41 | $9.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sims 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): -0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.25%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.72x
- Recent ROE (-0.73%) is below the historical average (342.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 11790.91% | 3.62% | 3.41x | 953.81x | $12.96 Million |
| 1992 | 9.31% | 2.22% | 2.32x | 1.80x | $-779.90K |
| 1993 | 15.11% | 3.25% | 2.37x | 1.96x | $6.27 Million |
| 1994 | 30.67% | 6.35% | 2.82x | 1.71x | $31.62 Million |
| 1995 | -0.06% | -0.01% | 2.72x | 2.05x | $-19.22 Million |
| 1996 | 0.21% | 0.04% | 2.89x | 2.03x | $-19.95 Million |
| 1997 | 0.12% | 0.02% | 2.58x | 1.90x | $-23.08 Million |
| 1998 | -0.10% | 0.00% | 0.00x | 2.01x | $-27.87 Million |
| 1999 | 0.00% | 0.00% | 0.00x | 1.60x | $-25.98 Million |
| 2000 | -0.01% | 0.00% | 0.00x | 2.13x | $-27.87 Million |
| 2001 | 13.28% | 3.02% | 2.19x | 2.01x | $10.09 Million |
| 2002 | -0.01% | 0.00% | 2.28x | 1.83x | $-33.92 Million |
| 2003 | 18.90% | 4.75% | 2.68x | 1.48x | $35.34 Million |
| 2004 | 25.08% | 5.99% | 2.60x | 1.61x | $67.65 Million |
| 2005 | 35.08% | 7.31% | 2.92x | 1.64x | $134.32 Million |
| 2006 | 16.43% | 5.24% | 1.94x | 1.62x | $76.97 Million |
| 2007 | 19.20% | 4.58% | 2.54x | 1.65x | $121.91 Million |
| 2008 | 14.62% | 5.65% | 1.59x | 1.63x | $136.95 Million |
| 2009 | -5.26% | -1.74% | 2.27x | 1.33x | $-436.20 Million |
| 2010 | 3.86% | 1.70% | 1.76x | 1.29x | $-201.18 Million |
| 2011 | 6.58% | 2.17% | 2.12x | 1.43x | $-99.95 Million |
| 2012 | -21.78% | -5.77% | 2.50x | 1.51x | $-760.84 Million |
| 2013 | -24.17% | -6.48% | 2.47x | 1.51x | $-658.98 Million |
| 2014 | -4.85% | -1.25% | 2.69x | 1.44x | $-272.29 Million |
| 2015 | 5.20% | 1.74% | 2.19x | 1.36x | $-101.38 Million |
| 2016 | -11.81% | -4.64% | 1.81x | 1.40x | $-399.75 Million |
| 2017 | 10.35% | 4.00% | 1.86x | 1.39x | $6.84 Million |
| 2018 | 9.30% | 3.15% | 2.02x | 1.46x | $-15.37 Million |
| 2019 | 6.64% | 2.29% | 2.09x | 1.39x | $-77.27 Million |
| 2020 | -13.38% | -5.39% | 1.53x | 1.62x | $-463.53 Million |
| 2021 | 10.83% | 3.87% | 1.61x | 1.74x | $17.49 Million |
| 2022 | 23.62% | 6.46% | 2.09x | 1.75x | $345.55 Million |
| 2023 | 6.82% | 2.24% | 1.72x | 1.77x | $-84.57 Million |
| 2024 | -2.26% | -0.80% | 1.47x | 1.91x | $-314.07 Million |
| 2025 | -0.73% | -0.25% | 1.69x | 1.72x | $-277.68 Million |
Industry Comparison
This section compares Sims Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sims Limited (SMUPF) | $2.50 Billion | 11790.91% | 0.74x | $1.50 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |