Technology One Limited
Technology One Limited engages in the development, marketing, sale, implementation, and support of integrated enterprise business software solutions in Australia and internationally. It operates through Software and Consulting segments. The company offers various business software solutions, including business analytics, app builder, corporate performance management, curriculum, DxP local governm… Read more
Technology One Limited (THNOF) - Net Assets
Latest net assets as of September 2025: $450.70 Million USD
Based on the latest financial reports, Technology One Limited (THNOF) has net assets worth $450.70 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($891.40 Million) and total liabilities ($440.70 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 | $450.70 Million |
| % of Total Assets | 50.56% |
| Annual Growth Rate | 16.68% |
| 5-Year Change | 136.92% |
| 10-Year Change | 225.43% |
| Growth Volatility | 33.07 |
Technology One Limited - Net Assets Trend (1999–2025)
This chart illustrates how Technology One 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 Technology One Limited (1999–2025)
The table below shows the annual net assets of Technology One Limited from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $450.70 Million | +18.84% |
| 2024-09-30 | $379.26 Million | +51.76% |
| 2023-09-30 | $249.92 Million | +4.52% |
| 2022-09-30 | $239.10 Million | +25.69% |
| 2021-09-30 | $190.23 Million | +33.81% |
| 2020-09-30 | $142.17 Million | +33.05% |
| 2019-09-30 | $106.86 Million | +37.90% |
| 2018-09-30 | $77.49 Million | -50.81% |
| 2017-09-30 | $157.52 Million | +13.74% |
| 2016-09-30 | $138.49 Million | +17.43% |
| 2015-09-30 | $117.94 Million | +12.86% |
| 2014-09-30 | $104.50 Million | +19.11% |
| 2013-09-30 | $87.74 Million | +18.57% |
| 2012-09-30 | $74.00 Million | +8.23% |
| 2011-09-30 | $68.37 Million | +7.81% |
| 2010-09-30 | $63.41 Million | +10.98% |
| 2009-09-30 | $57.14 Million | +13.12% |
| 2008-09-30 | $50.51 Million | +14.00% |
| 2007-09-30 | $44.31 Million | +12.88% |
| 2006-09-30 | $39.26 Million | +1.96% |
| 2005-09-30 | $38.50 Million | +4.18% |
| 2004-09-30 | $36.96 Million | +3.68% |
| 2003-09-30 | $35.65 Million | -2.72% |
| 2002-09-30 | $36.64 Million | +3.67% |
| 2001-09-30 | $35.35 Million | +147.21% |
| 2000-09-30 | $14.30 Million | +75.30% |
| 1999-09-30 | $8.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Technology One 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 20150200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $201.50 Million | 44.71% |
| Common Stock | $59.43 Million | 13.19% |
| Other Comprehensive Income | $189.77 Million | 42.11% |
| Total Equity | $450.70 Million | 100.00% |
Technology One Limited Competitors by Market Cap
The table below lists competitors of Technology One Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hundsun Technologies Inc
SHG:600570
|
$5.16 Billion |
|
Compañía de Minas Buenaventura S.A.A
F:MBU
|
$5.16 Billion |
|
Kokusai Electric Corporation
F:69B
|
$5.16 Billion |
|
Enpro Industries
NYSE:NPO
|
$5.17 Billion |
|
Central Bancompany Inc
PINK:CBCY
|
$5.15 Billion |
|
M&G Plc
PINK:MGPUF
|
$5.15 Billion |
|
WT Microelectronics Co Ltd
TW:3036
|
$5.15 Billion |
|
Lingyi iTech Guangdong Co
SHE:002600
|
$5.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Technology One Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 379,262,000 to 450,699,000, a change of 71,437,000 (18.8%).
- Net income of 90,986,097 contributed positively to equity growth.
- Dividend payments of 51,832,561 reduced retained earnings.
- Share repurchases of 30,379,000 reduced equity.
- New share issuances of 12,488,000 increased equity.
- Other comprehensive income increased equity by 71,668,000.
- Other factors decreased equity by 21,493,536.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $90.99 Million | +20.19% |
| Dividends Paid | $51.83 Million | -11.5% |
| Share Repurchases | $30.38 Million | -6.74% |
| Share Issuances | $12.49 Million | +2.77% |
| Other Comprehensive Income | $71.67 Million | +15.9% |
| Other Changes | $-21.49 Million | -4.77% |
| Total Change | $- | 18.84% |
Book Value vs Market Value Analysis
This analysis compares Technology One 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: 12.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 519.15x to 12.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-09-30 | $0.03 | $17.55 | x |
| 2000-09-30 | $0.06 | $17.55 | x |
| 2001-09-30 | $0.11 | $17.55 | x |
| 2002-09-30 | $0.12 | $17.55 | x |
| 2003-09-30 | $0.12 | $17.55 | x |
| 2004-09-30 | $0.12 | $17.55 | x |
| 2005-09-30 | $0.13 | $17.55 | x |
| 2006-09-30 | $0.13 | $17.55 | x |
| 2007-09-30 | $0.15 | $17.55 | x |
| 2008-09-30 | $0.17 | $17.55 | x |
| 2009-09-30 | $0.19 | $17.55 | x |
| 2010-09-30 | $0.21 | $17.55 | x |
| 2011-09-30 | $0.22 | $17.55 | x |
| 2012-09-30 | $0.24 | $17.55 | x |
| 2013-09-30 | $0.28 | $17.55 | x |
| 2014-09-30 | $0.33 | $17.55 | x |
| 2015-09-30 | $0.37 | $17.55 | x |
| 2016-09-30 | $0.44 | $17.55 | x |
| 2017-09-30 | $0.50 | $17.55 | x |
| 2018-09-30 | $0.24 | $17.55 | x |
| 2019-09-30 | $0.33 | $17.55 | x |
| 2020-09-30 | $0.44 | $17.55 | x |
| 2021-09-30 | $0.59 | $17.55 | x |
| 2022-09-30 | $0.74 | $17.55 | x |
| 2023-09-30 | $0.94 | $17.55 | x |
| 2024-09-30 | $1.16 | $17.55 | x |
| 2025-09-30 | $1.37 | $17.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Technology One 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): 20.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.20%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.98x
- Recent ROE (20.19%) is below the historical average (31.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 36.09% | 18.95% | 1.24x | 1.53x | $2.67 Million |
| 2000 | 40.21% | 0.00% | 0.00x | 1.56x | $4.32 Million |
| 2001 | 21.97% | 0.00% | 0.00x | 1.45x | $4.23 Million |
| 2002 | 23.89% | 19.45% | 0.88x | 1.39x | $5.09 Million |
| 2003 | 19.72% | 14.84% | 1.02x | 1.30x | $3.47 Million |
| 2004 | 25.65% | 18.78% | 1.02x | 1.34x | $5.78 Million |
| 2005 | 26.70% | 18.90% | 1.06x | 1.34x | $6.43 Million |
| 2006 | 31.37% | 18.87% | 1.21x | 1.38x | $8.39 Million |
| 2007 | 33.36% | 19.18% | 1.18x | 1.47x | $10.35 Million |
| 2008 | 34.11% | 15.86% | 1.48x | 1.45x | $12.18 Million |
| 2009 | 27.45% | 12.89% | 1.45x | 1.46x | $9.97 Million |
| 2010 | 28.09% | 13.29% | 1.36x | 1.55x | $11.47 Million |
| 2011 | 29.73% | 13.20% | 1.38x | 1.63x | $13.49 Million |
| 2012 | 31.84% | 14.17% | 1.39x | 1.62x | $16.16 Million |
| 2013 | 30.76% | 14.94% | 1.31x | 1.57x | $18.21 Million |
| 2014 | 29.63% | 15.87% | 1.29x | 1.45x | $20.52 Million |
| 2015 | 30.34% | 16.36% | 1.20x | 1.55x | $23.99 Million |
| 2016 | 29.85% | 16.60% | 1.14x | 1.58x | $27.49 Million |
| 2017 | 28.25% | 16.28% | 1.10x | 1.58x | $28.74 Million |
| 2018 | 27.99% | 8.57% | 0.89x | 3.67x | $13.94 Million |
| 2019 | 54.71% | 20.51% | 0.90x | 2.98x | $47.77 Million |
| 2020 | 44.28% | 21.10% | 0.74x | 2.83x | $48.73 Million |
| 2021 | 38.21% | 23.35% | 0.61x | 2.68x | $53.67 Million |
| 2022 | 37.16% | 24.13% | 0.63x | 2.46x | $64.93 Million |
| 2023 | 33.62% | 23.96% | 0.67x | 2.08x | $72.28 Million |
| 2024 | 31.12% | 23.30% | 0.67x | 2.00x | $80.09 Million |
| 2025 | 20.19% | 15.20% | 0.67x | 1.98x | $45.92 Million |
Industry Comparison
This section compares Technology One Limited's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Technology One Limited (THNOF) | $450.70 Million | 36.09% | 0.98x | $5.16 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |