Freightways Group Ltd
Freightways Group Limited provides express package and business mail, and information management services in New Zealand, Australia, and internationally. It operates through Express Package and Business Mail, Information Management, and Corporate and Other segments. The company provides network courier services under the New Zealand Couriers, Post Haste Couriers, Castle Parcels, Allied Express, a… Read more
Freightways Group Ltd (FRW) - Total Assets
Latest total assets as of June 2024: AU$1.39 Billion AUD
Based on the latest financial reports, Freightways Group Ltd (FRW) holds total assets worth AU$1.39 Billion AUD as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Freightways Group Ltd - Total Assets Trend (2020–2024)
This chart illustrates how Freightways Group Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Freightways Group Ltd - Asset Composition Analysis
Current Asset Composition (June 2024)
Freightways Group Ltd's total assets of AU$1.39 Billion consist of 14.9% current assets and 85.1% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 2.6% |
| Accounts Receivable | AU$144.63 Million | 10.4% |
| Inventory | AU$9.45 Million | 0.7% |
| Property, Plant & Equipment | AU$0.00 | 0.0% |
| Intangible Assets | AU$257.85 Million | 18.5% |
| Goodwill | AU$411.09 Million | 29.5% |
Asset Composition Trend (2020–2024)
This chart illustrates how Freightways Group Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Freightways Group Ltd's current assets represent 14.9% of total assets in 2024, an increase from 11.8% in 2020.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2024, up from 1.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, an increase from 46.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 29.5% of total assets.
Freightways Group Ltd Competitors by Total Assets
Key competitors of Freightways Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Citic Offshore Helicopter Co Ltd
SHE:000099
|
China | CN¥7.38 Billion |
|
CJ Korea Express
KO:000120
|
Korea | ₩10.35 Trillion |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
China | CN¥1.87 Billion |
|
Yongtaiyun Chemical Logistics Co.Ltd
SHE:001228
|
China | CN¥4.22 Billion |
|
San Yang Ma (Chongqing) Logistics Co.Ltd.
SHE:001317
|
China | CN¥1.90 Billion |
|
YUNDA Holding Co Ltd
SHE:002120
|
China | CN¥36.46 Billion |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
Korea | ₩4.33 Trillion |
|
S.F. Holding Co. Ltd
SHE:002352
|
China | CN¥217.93 Billion |
Freightways Group Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Freightways Group Ltd generates 0.87x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Freightways Group Ltd generates $5.08 in net profit.
Freightways Group Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.87 | - | - |
| Quick Ratio | 0.83 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | AU$-31.23 Million | - | - |
Freightways Group Ltd - Advanced Valuation Insights
This section examines the relationship between Freightways Group Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.18 |
| Latest Market Cap to Assets Ratio | 0.85 |
| Asset Growth Rate (YoY) | 1.3% |
| Total Assets | AU$1.39 Billion |
| Market Capitalization | $1.18 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Freightways Group Ltd's assets close to their book value ( 0.85x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Freightways Group Ltd's assets grew by 1.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Freightways Group Ltd (2020–2024)
The table below shows the annual total assets of Freightways Group Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-06-30 | AU$1.39 Billion | +1.26% |
| 2023-06-30 | AU$1.38 Billion | +26.46% |
| 2022-06-30 | AU$1.09 Billion | +4.24% |
| 2021-06-30 | AU$1.04 Billion | -0.58% |
| 2020-06-30 | AU$1.05 Billion | -- |