Warehouse Group Ltd
The Warehouse Group Limited, together with its subsidiaries, engages in the operation of retail stores in New Zealand. The company sells general merchandise, apparels, technology, appliance, and stationery products. The Warehouse Group Limited operates its physical retails stores under The Warehouse Stores, Warehouse Stationery Stores, and Noel Leeming Stores; and online stores under The Warehous… Read more
Warehouse Group Ltd (WHGPF) - Net Assets
Latest net assets as of July 2025: $300.50 Million USD
Based on the latest financial reports, Warehouse Group Ltd (WHGPF) has net assets worth $300.50 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 ($1.59 Billion) and total liabilities ($1.29 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 | $300.50 Million |
| % of Total Assets | 18.85% |
| Annual Growth Rate | 2.53% |
| 5-Year Change | -33.14% |
| 10-Year Change | -41.41% |
| Growth Volatility | 15.79 |
Warehouse Group Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Warehouse Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Warehouse Group Ltd (1997–2025)
The table below shows the annual net assets of Warehouse Group Ltd from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | $300.50 Million | -3.30% |
| 2024-07-31 | $310.74 Million | -22.90% |
| 2023-07-31 | $403.02 Million | -4.29% |
| 2022-07-31 | $421.10 Million | -6.31% |
| 2021-07-31 | $449.47 Million | +19.43% |
| 2020-07-31 | $376.34 Million | -21.93% |
| 2019-07-31 | $482.03 Million | +0.36% |
| 2018-07-31 | $480.28 Million | -1.26% |
| 2017-07-31 | $486.39 Million | -5.17% |
| 2016-07-31 | $512.91 Million | -5.76% |
| 2015-07-31 | $544.28 Million | +3.89% |
| 2014-07-31 | $523.92 Million | +27.24% |
| 2013-07-31 | $411.76 Million | +29.74% |
| 2012-07-31 | $317.37 Million | +16.88% |
| 2011-07-31 | $271.54 Million | -10.46% |
| 2010-07-31 | $303.25 Million | -5.57% |
| 2009-07-31 | $321.14 Million | -4.04% |
| 2008-07-31 | $334.66 Million | -19.52% |
| 2007-07-31 | $415.81 Million | +24.42% |
| 2006-07-31 | $334.20 Million | -5.03% |
| 2005-07-31 | $351.88 Million | -1.57% |
| 2004-07-31 | $357.48 Million | +3.10% |
| 2003-07-31 | $346.74 Million | +9.91% |
| 2002-07-31 | $315.47 Million | +21.69% |
| 2001-07-31 | $259.24 Million | +44.59% |
| 2000-07-31 | $179.29 Million | +5.42% |
| 1999-07-31 | $170.07 Million | +0.89% |
| 1998-07-31 | $168.57 Million | +12.87% |
| 1997-07-31 | $149.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Warehouse Group Ltd'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 239.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $365.52 Million | 122.10% |
| Other Comprehensive Income | $-836.00K | -0.28% |
| Total Equity | $299.37 Million | 100.00% |
Warehouse Group Ltd Competitors by Market Cap
The table below lists competitors of Warehouse Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AOI Electronics Co. Ltd
MU:OIA
|
$47.95 Million |
|
Samindo Resources Tbk
JK:MYOH
|
$47.96 Million |
|
LOGISTRI FASTIGHETS AB
F:6DV
|
$47.96 Million |
|
Independent Bond ESG
CO:IIVBONDESG
|
$47.96 Million |
|
GDB Holdings Bhd
KLSE:0198
|
$47.94 Million |
|
Groupe LDLC SA
PA:ALLDL
|
$47.93 Million |
|
Micro Silicon Electronics Co., Ltd.
TW:8162
|
$47.92 Million |
|
Allied Biotech Corporation
TWO:1780
|
$47.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Warehouse Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 309,551,000 to 299,370,000, a change of -10,181,000 (-3.3%).
- Net loss of 2,764,000 reduced equity.
- Other comprehensive income decreased equity by 7,416,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.76 Million | -0.92% |
| Other Comprehensive Income | $-7.42 Million | -2.48% |
| Other Changes | $-1.00 | -0.0% |
| Total Change | $- | -3.29% |
Book Value vs Market Value Analysis
This analysis compares Warehouse Group Ltd'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: 0.62x
- 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 1.03x to 0.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-07-31 | $0.52 | $0.54 | x |
| 1998-07-31 | $0.59 | $0.54 | x |
| 1999-07-31 | $0.59 | $0.54 | x |
| 2000-07-31 | $0.62 | $0.54 | x |
| 2001-07-31 | $0.87 | $0.54 | x |
| 2002-07-31 | $1.03 | $0.54 | x |
| 2003-07-31 | $1.14 | $0.54 | x |
| 2004-07-31 | $1.17 | $0.54 | x |
| 2005-07-31 | $1.15 | $0.54 | x |
| 2006-07-31 | $1.09 | $0.54 | x |
| 2007-07-31 | $1.35 | $0.54 | x |
| 2008-07-31 | $1.08 | $0.54 | x |
| 2009-07-31 | $1.03 | $0.54 | x |
| 2010-07-31 | $0.97 | $0.54 | x |
| 2011-07-31 | $0.87 | $0.54 | x |
| 2012-07-31 | $1.02 | $0.54 | x |
| 2013-07-31 | $1.29 | $0.54 | x |
| 2014-07-31 | $1.60 | $0.54 | x |
| 2015-07-31 | $1.56 | $0.54 | x |
| 2016-07-31 | $1.21 | $0.54 | x |
| 2017-07-31 | $1.41 | $0.54 | x |
| 2018-07-31 | $1.39 | $0.54 | x |
| 2019-07-31 | $1.39 | $0.54 | x |
| 2020-07-31 | $1.09 | $0.54 | x |
| 2021-07-31 | $1.31 | $0.54 | x |
| 2022-07-31 | $1.22 | $0.54 | x |
| 2023-07-31 | $1.16 | $0.54 | x |
| 2024-07-31 | $0.90 | $0.54 | x |
| 2025-07-31 | $0.87 | $0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Warehouse Group Ltd 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): -0.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.09%
- • Asset Turnover: 1.94x
- • Equity Multiplier: 5.32x
- Recent ROE (-0.92%) is below the historical average (10.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -0.11% | -0.03% | 2.12x | 2.05x | $-15.07 Million |
| 1998 | -0.14% | 0.00% | 0.00x | 1.76x | $-17.05 Million |
| 1999 | -0.22% | 0.00% | 0.00x | 2.03x | $-17.38 Million |
| 2000 | -0.23% | -0.04% | 2.87x | 2.09x | $-18.30 Million |
| 2001 | -0.13% | -0.02% | 2.65x | 2.44x | $-26.23 Million |
| 2002 | -0.13% | -0.02% | 2.85x | 2.09x | $-31.90 Million |
| 2003 | -0.06% | -0.01% | 2.62x | 2.25x | $-34.85 Million |
| 2004 | -0.09% | -0.01% | 2.56x | 2.46x | $-36.04 Million |
| 2005 | -0.07% | -0.01% | 2.55x | 2.48x | $-35.42 Million |
| 2006 | 8.78% | 1.55% | 2.92x | 1.94x | $-4.07 Million |
| 2007 | 27.79% | 6.51% | 2.58x | 1.65x | $73.92 Million |
| 2008 | 27.14% | 5.21% | 2.66x | 1.96x | $57.32 Million |
| 2009 | 23.93% | 4.45% | 2.66x | 2.02x | $44.69 Million |
| 2010 | 19.87% | 3.59% | 2.48x | 2.23x | $29.89 Million |
| 2011 | 28.70% | 4.66% | 2.61x | 2.36x | $50.71 Million |
| 2012 | 28.33% | 5.17% | 2.37x | 2.31x | $58.13 Million |
| 2013 | 36.18% | 6.46% | 2.25x | 2.49x | $104.75 Million |
| 2014 | 14.96% | 2.93% | 2.34x | 2.18x | $25.79 Million |
| 2015 | 9.68% | 1.89% | 2.32x | 2.21x | $-1.75 Million |
| 2016 | 15.28% | 2.66% | 2.37x | 2.42x | $27.06 Million |
| 2017 | 4.21% | 0.69% | 2.68x | 2.29x | $-28.12 Million |
| 2018 | 4.77% | 0.76% | 2.85x | 2.19x | $-25.06 Million |
| 2019 | 13.58% | 2.13% | 2.92x | 2.18x | $17.25 Million |
| 2020 | 11.79% | 1.40% | 1.71x | 4.92x | $6.76 Million |
| 2021 | 26.02% | 3.45% | 1.81x | 4.18x | $72.43 Million |
| 2022 | 21.17% | 2.71% | 1.77x | 4.41x | $47.12 Million |
| 2023 | 7.41% | 0.92% | 1.83x | 4.40x | $-10.40 Million |
| 2024 | -17.50% | -1.78% | 1.84x | 5.35x | $-85.14 Million |
| 2025 | -0.92% | -0.09% | 1.94x | 5.32x | $-32.70 Million |
Industry Comparison
This section compares Warehouse Group Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,593,724,061,118
- Average return on equity (ROE) among peers: 8.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Warehouse Group Ltd (WHGPF) | $300.50 Million | -0.11% | 4.30x | $47.94 Million |
| Bon-Ton Stores Inc (BONTQ) | $127.96 Million | -2.78% | 11.33x | $1.79K |
| Companhia Brasileira De Distribuicao (CBDBY) | $16.38 Billion | 4.90% | 2.02x | $89.70 Million |
| Dillard's, Inc. (DDS) | $1.97 Billion | 17.05% | 1.06x | $4.25 Billion |
| El Puerto de Liverpool S.A.B. de C.V (ELPQF) | $27.07 Billion | 14.15% | 0.83x | $6.60 Billion |
| Almacenes Ãxito S.A. (EXTO) | $15.83 Trillion | 3.62% | 2.28x | $591.47 Million |
| Foschini Group Ltd (The) (FHHGF) | $21.65 Billion | 13.97% | 1.45x | $1.64 Billion |
| The Foschini Group Limited (FHNGY) | $4.86 Billion | 23.60% | 0.78x | $1.64 Billion |
| InRetail Perú Corp (INREF) | $1.30 Billion | 6.64% | 2.87x | $887.99 Million |
| Nordstrom Inc (JWN) | $1.19 Billion | 17.09% | 1.58x | $2.23 Billion |
| Kintetsu Department Store Co., Ltd. (KNTTF) | $33.64 Billion | -14.71% | 2.67x | $247.73 Million |