AusNet Services Ltd chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.51
Dividend & Yield0.10$ (4.83%)
Beta -0.05
Market capitalization 7.53B
Operating cash flow 844.5M
ESG Scores unknown

Company description

AusNet Services Ltd owns and operates an electricity transmission network in Australia. It operates through Electricity Distribution, Gas Distribution, Electricity Transmission, and Growth & Future Networks segments. The Electricity Distribution segment carries electricity from the high voltage transmission network to end users, including metering. The Gas Distribution segment carries natural gas to commercial and residential end users, including metering in central and western Victoria. The Electricity Transmission segment owns and manages an electricity transmission network, including transmission lines and towers, which carry electricity at high voltages from power generators to electricity distributors in Victoria. The Growth & Future Networks segment provides contracted infrastructure asset and energy services, as well as a range of asset and utility services to support the management of electricity, gas, and water networks. The company operates through an electricity transmission network of approximately 6,852 kilometers of high voltage transmission powerlines, 61 terminal stations, and 13,161 transmission towers; electricity distribution network of approximately 768,460 customers, 77 zone substations, 412,402 distribution poles, and approximately 53,990 kilometer of distribution lines. It also operates a gas distribution network of 752,882 customers and 12,384 kilometers of underground gas pipelines. The company was formerly known as SP AusNet Ltd. and changed its name to AusNet Services Ltd in August 2014. AusNet Services Ltd was incorporated in 2014 and is headquartered in Southbank, Australia.

Sector: Utilities - Industry: Utilities—Diversified

Financial data

Financial Statements

Cashflow Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Change To Liabilities
Total Cashflows From Investing Activities -716.8M -882.9M -1.12B -1.2B
Net Borrowings 512.3M 36.7M 457.6M 1.27B
Total Cash From Financing Activities 159.8M -249.6M 219.1M 1.03B
Change To Operating Activities 54.5M 18.7M 2.7M 63.9M
Issuance Of Stock 59.3M 59.3M
Net Income 291.4M 253.9M 290.7M 302.1M
Change In Cash 329.4M -318.8M -184.1M 672.6M
Effect Of Exchange Rate
Total Cash From Operating Activities 886.4M 813.7M 720.6M 844.5M
Depreciation 390.6M 404M 418.4M 408.6M
Change To Account Receivables
Other Cashflows From Financing Activities
Change To Netincome 98.1M 84.7M -37.3M 14.6M
Capital Expenditures -732.7M -893.1M -900.3M -745.2M

Income Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Research Development
Income Before Tax 416.6M 371.9M 415.4M 424.1M
Net Income 291.4M 253.9M 290.7M 302.1M
Selling General Administrative 302.6M 289.7M 267.3M 273.5M
Gross Profit 1.64B 1.62B 1.69B 1.67B
Ebit 716.7M 701M 748.8M 736.1M
Operating Income 716.7M 701M 748.8M 736.1M
Interest Expense -291.7M -296.8M -311.3M -320M
Income Tax Expense 125.2M 118M 124.7M 122M
Total Revenue 1.91B 1.86B 1.98B 1.92B
Cost Of Revenue 269.6M 238.3M 292.4M 255.5M
Total Other Income ExpenseNet -300.1M -329.1M -333.4M -312M
Net Income From Continuing Ops 291.4M 253.9M 290.7M 302.1M
Net Income Applicable To Common Shares 291.4M 253.9M 290.7M 302.1M

Balance Sheet Statement 2018-03-31 2019-03-31 2020-03-31 2021-03-31
Total Liabilities 8.96B 9.53B 11.28B 11.19B
Total Stockholder Equity 3.56B 3.29B 3.01B 3.43B
Other Current Liabilities 69.6M 99.8M 89.6M 100.4M
Total Assets 12.52B 12.82B 14.28B 14.63B
Common Stock 5.17B 5.23B 5.36B 5.49B
Other Current Assets 25.2M 157.9M 218.2M 45M
Retained Earnings 1.05B 922.9M 831.3M 786.6M
Treasury Stock -2.67B -2.87B -3.19B -2.84B
Cash 658.2M 339.4M 155.3M 827.9M
Total Current Liabilities 920.5M 1.4B 1.37B 763.3M
Other Stockholder Equity -2.67B -2.87B -3.19B -2.84B
Property, Plant, and Equipment 9.07B 9.56B 9.88B 10.16B
Total Current Assets 921.2M 765.4M 893.6M 1.84B
Net Tangible Assets 1.78B 1.52B 1.24B 1.71B
Net Receivables 195.3M 212M 226.2M 204.7M
Accounts Payable 41M 57.6M 40.7M 38.4M


Insider Transactions

Here are the insider transactions of stock shares related to AusNet Services Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Loon (Alan Chan Heng)Acquisition at price 1.30 per share.D2021-06-24Director (Non-Executive)1.59k
Scheinkestel (Nora Lia)Acquisition at price 1.30 per share.D2021-06-24Director (Non-Executive)3.11k
Hymas (Chad)D2021-03-31Divisional Officer94.41k
Parker (Alistair)D2021-03-31Former63.02k
Loon (Alan Chan Heng)Acquisition at price 1.39 per share.D2020-12-17Director (Non-Executive)1.46k
Scheinkestel (Nora Lia)Acquisition at price 1.39 per share.D2020-12-17Director (Non-Executive)2.85k
Craven (Ralph)Purchase at price 1.38 per share.D2020-11-27Director (Non-Executive)25k
Scheinkestel (Nora Lia)Purchase at price 1.47 per share.D2020-11-13Director (Non-Executive)24.48k
Scheinkestel (Nora Lia)Purchase at price 1.25 per share.D2020-07-21Director (Non-Executive)11.3k
Loon (Alan Chan Heng)Acquisition at price 1.18 per share.D2020-06-25Director (Non-Executive)1.62k
Hymas (Chad)D2020-03-31Divisional Officer55.96k
Newman (Adam)D2020-03-31Former117.23k
Parker (Alistair)D2020-03-31Divisional Officer13.41k
Loon (Alan Chan Heng)Other at price 1.16 per share.D2019-12-19Director (Non-Executive)1.61k
Ficca (Nino)D2019-10-31Retired319.85k
Ficca (Nino)D2019-07-29Managing Director179.34k
Loon (Alan Chan Heng)Other at price 1.23 per share.D2019-06-27Director (Non-Executive)1.43k
Tan (Chee Meng)Sale at price 1.31 per share.D2019-06-14Director50k
Tan (Chee Meng)Sale at price 1.30 per share.D2019-06-13Director50k
Ficca (Nino)D2019-05-20Managing Director376.07k
Hymas (Chad)D2019-03-31Divisional Officer8.05k
Newman (Adam)D2019-03-31Chief Financial Officer100k
Parker (Alistair)D2019-03-31Divisional Officer126.7k
Tieppo (Mario)D2019-03-31Divisional Officer121.61k
Loon (Alan Chan Heng)Other at price 1.10 per share.D2018-12-20Director (Non-Executive)1.57k
Loon (Alan Chan Heng)Purchase at price 1.17 per share.D2018-07-25Director (Non-Executive)50k
Loon (Alan Chan Heng)Sale at price 1.14 per share.D2018-06-20Director (Non-Executive)173.95k
Craven (Ralph)Purchase at price 1.17 per share.D2018-06-18Director (Non-Executive)29k
Ficca (Nino)Sale at price 1.15 per share.D2018-06-14Managing Director635.42k
Ficca (Nino)D2018-05-21Managing Director635.42k
Scheinkestel (Nora Lia)Purchase at price 1.24 per share.D2018-05-18Director (Non-Executive)30.12k
Tan (Chee Meng)Purchase at price 1.26 per share.D2018-05-17Director100k
Hymas (Chad)D2018-03-31Divisional Officer63.99k
Newman (Adam)D2018-03-31Chief Financial Officer77k
Parker (Alistair)D2018-03-31Divisional Officer66.97k
Tieppo (Mario)D2018-03-31Divisional Officer48.1k
Farrier (Sally Marie)Purchase at price 1.41 per share.D2017-12-20Director (Independent)54.1k
Scheinkestel (Nora Lia)Purchase at price 1.36 per share.D2017-08-29Director (Non-Executive)17.3k
Tan (Chee Meng)Purchase at price 1.29 per share.D2017-08-09Director50k
McMeckan (Tina Renna)D2017-07-20Retired90k
Ficca (Nino)Purchase at price 1.27 per share.D2017-05-30Managing Director276k
Azaris (John)D2017-03-31Former81.83k
Hymas (Chad)D2017-03-31Divisional Officer74.8k
Kelso (John)D2017-03-31Former77.76k
Newman (Adam)D2017-03-31Chief Financial Officer135k
Parker (Alistair)D2017-03-31Divisional Officer85.06k
Tieppo (Mario)D2017-03-31Divisional Officer62.1k
Craven (Ralph)Purchase at price 1.09 per share.D2016-12-06Director (Non-Executive)21k
Mason (Peter)Purchase at price 1.08 per share.D2016-12-01Non Executive Chairman100k
Farrier (Sally Marie)Purchase at price 1.08 per share.D2016-11-24Director (Independent)67.7k
Scheinkestel (Nora Lia)Purchase at price 1.10 per share.D2016-11-22Director (Non-Executive)26.64k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to AusNet Services Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on AusNet Services Ltd

Here is the result of two systematic investment strategies applied to AusNet Services Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on AusNet Services Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to AusNet Services Ltd:

AusNet Services Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -2.69% on the backtest period.

Performance at glance

Performance

-2.69 %

Latent gain

-60.6 $

Invested capital

2251.11 $

Annualized return

-0.66 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on AusNet Services Ltd

This is the result of two momentum investment strategies applied to AusNet Services Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on AusNet Services Ltd

The following chart shows all the entries opened by the momentum investment system on AusNet Services Ltd:

AusNet Services Ltd momentum entries
  • The first momentum investment strategy would give 2.0% of return on AusNet Services Ltd. That represents 99.91$ of latent gain with 5001.02$ of employed capital.
  • The second momentum investment strategy would give 1.2% of return on AusNet Services Ltd. That represents 44.84$ of latent gain with 3749.65$ of employed capital.
Performance at glance (1Q Momentum)

Performance

2.0 %

Latent gain

99.91 $

Invested capital

5001.02 $

Annualized return

-2.2 %
Performance at glance (2Q Momentum)

Performance

1.2 %

Latent gain

44.84 $

Invested capital

3749.65 $

Annualized return

0.33 %

Momentum equity curve on AusNet Services Ltd

The following chart shows the equity curve of the two momentum strategies applied to AusNet Services Ltd:

AusNet Services Ltd momentum equity

Note: the dividends potentially given by AusNet Services Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AusNet Services Ltd

The following chart shows the employed capital evolution of the two momentum strategies on AusNet Services Ltd since the beginning:

AusNet Services Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on AusNet Services Ltd

Buy the dip entry openings on AusNet Services Ltd

AusNet Services Ltd

The performance achieved by the robo-advisor on AusNet Services Ltd is -4.61%. That represents -57.66$ of latent gain with 1249.53$ of employed capital. The following chart shows AusNet Services Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of AusNet Services Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-4.61 %

Latent gain

-57.66 $

Invested capital

1249.53 $

Annualized return

-2.2 %

Equity curve of the strategy applied to AusNet Services Ltd

The following chart shows the result of the investment strategy applied to AusNet Services Ltd:

AusNet Services Ltd

Note: the dividends potentially given by AusNet Services Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AusNet Services Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on AusNet Services Ltd:

AusNet Services Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on AusNet Services Ltd

In this section, I will compare the three previous investment strategies applied to AusNet Services Ltd.

Equity curve comparison on AusNet Services Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

AusNet Services Ltd investment strategy comparison

Employed capital comparison on AusNet Services Ltd

AusNet Services Ltd investment comparison

Performance comparison on AusNet Services Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -2.69% -60.6$ 2251.11$ -0.66%
Momentum 1 quarter 2.0% 99.91$ 5001.02$ 0.52%
Momentum 2 quarters 1.2% 44.84$ 3749.65$ 0.33%
Non-directional -4.61% -57.66$ 1249.53$ -2.2%
Annualized return comparison

Automatic investment

-0.66 %

Momentum 1Q

0.33 %

Momentum 2Q

0.33 %

Non-directional

-2.2 %

Correlated stocks

Here are the most positively and negatively correlated stocks with AusNet Services Ltd:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between AusNet Services Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of AusNet Services Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name AusNet Services Ltd
Country Australia
City Southbank
Address 2 Southbank Boulevard
Phone 61 3 9695 6000
Website www.ausnetservices.com.au
FullTime employees 1500
Industry Utilities—Diversified
Sector Utilities
Exchange XASX
Ticker AST.XASX
Market www2.asx.com.au

AusNet Services Ltd ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown