SmarTone Telecommunications Holdings Limited
SmarTone Telecommunications Holdings Limited, an investment holding company, provides telecommunication services in Hong Kong. The company offers voice, multimedia, mobile, and fixed fiber broadband services for the consumer and corporate markets. It also engages in the sale of handsets and accessories; and provision of customer support, telemarketing, and wireless fixed services. The company off… Read more
SmarTone Telecommunications Holdings Limited (STTFF) - Net Assets
Latest net assets as of December 2024: $5.25 Billion USD
Based on the latest financial reports, SmarTone Telecommunications Holdings Limited (STTFF) has net assets worth $5.25 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.94 Billion) and total liabilities ($5.69 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 | $5.25 Billion |
| % of Total Assets | 47.96% |
| Annual Growth Rate | 4.78% |
| 5-Year Change | 3.44% |
| 10-Year Change | N/A |
| Growth Volatility | 190.25 |
SmarTone Telecommunications Holdings Limited - Net Assets Trend (2014–2024)
This chart illustrates how SmarTone Telecommunications Holdings 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 SmarTone Telecommunications Holdings Limited (2014–2024)
The table below shows the annual net assets of SmarTone Telecommunications Holdings Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $5.19 Billion | +1.99% |
| 2023-06-30 | $5.08 Billion | -1.34% |
| 2022-06-30 | $5.15 Billion | +1.11% |
| 2021-06-30 | $5.10 Billion | +1.68% |
| 2020-06-30 | $5.01 Billion | +591.83% |
| 2018-06-30 | $724.61 Million | +6.03% |
| 2017-06-30 | $683.43 Million | +4.12% |
| 2016-06-30 | $656.40 Million | +4.16% |
| 2015-06-30 | $630.21 Million | -80.61% |
| 2014-06-30 | $3.25 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SmarTone Telecommunications Holdings 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 28.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.41 Billion | 65.67% |
| Other Components | $1.78 Billion | 34.33% |
| Total Equity | $5.19 Billion | 100.00% |
SmarTone Telecommunications Holdings Limited Competitors by Market Cap
The table below lists competitors of SmarTone Telecommunications Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing ZEHO Waterfront Ecological Environment Treatment Co Ltd
SHG:605069
|
$144.34 Million |
|
INSPIRED ENTERTMT DL-01
F:4U8
|
$144.35 Million |
|
RCI Hospitality Holdings Inc
NASDAQ:RICK
|
$144.35 Million |
|
Old Point Financial Corporation
NASDAQ:OPOF
|
$144.36 Million |
|
PLAYTIKA HOLDING DL-01
F:8II
|
$144.28 Million |
|
Vuzix Corp Cmn Stk
NASDAQ:VUZI
|
$144.28 Million |
|
Chien Kuo Construction Co Ltd
TW:5515
|
$144.26 Million |
|
Biodyne Co. Ltd.
KQ:314930
|
$144.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SmarTone Telecommunications Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,084,487,000 to 5,185,649,000, a change of 101,162,000 (2.0%).
- Net income of 470,126,000 contributed positively to equity growth.
- Dividend payments of 353,121,000 reduced retained earnings.
- Share repurchases of 16,676,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $470.13 Million | +9.07% |
| Dividends Paid | $353.12 Million | -6.81% |
| Share Repurchases | $16.68 Million | -0.32% |
| Other Changes | $833.00K | +0.02% |
| Total Change | $- | 1.99% |
Book Value vs Market Value Analysis
This analysis compares SmarTone Telecommunications Holdings 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: 0.11x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | $4.48 | $0.50 | x |
| 2021-06-30 | $4.61 | $0.50 | x |
| 2022-06-30 | $4.66 | $0.50 | x |
| 2023-06-30 | $4.60 | $0.50 | x |
| 2024-06-30 | $4.70 | $0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SmarTone Telecommunications Holdings 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): 9.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.56%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.16x
- Recent ROE (9.07%) is below the historical average (12.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 16.82% | 4.06% | 1.35x | 3.07x | $217.85 Million |
| 2015 | 24.29% | 5.01% | 1.73x | 2.81x | $88.74 Million |
| 2016 | 18.47% | 4.34% | 1.76x | 2.41x | $54.97 Million |
| 2017 | 14.63% | 7.71% | 0.89x | 2.13x | $31.37 Million |
| 2018 | 12.82% | 6.16% | 1.00x | 2.09x | $20.30 Million |
| 2020 | 7.53% | 5.42% | 0.67x | 2.07x | $-124.32 Million |
| 2021 | 8.69% | 6.62% | 0.63x | 2.08x | $-67.28 Million |
| 2022 | 8.21% | 6.08% | 0.55x | 2.44x | $-92.21 Million |
| 2023 | 5.29% | 3.98% | 0.62x | 2.14x | $-239.60 Million |
| 2024 | 9.07% | 7.56% | 0.56x | 2.16x | $-48.44 Million |
Industry Comparison
This section compares SmarTone Telecommunications Holdings Limited'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 |
|---|---|---|---|---|
| SmarTone Telecommunications Holdings Limited (STTFF) | $5.25 Billion | 16.82% | 1.08x | $144.30 Million |
| 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 |