Aic Mines Ltd (A1M) - Net Assets
Based on the latest financial reports, Aic Mines Ltd (A1M) has net assets worth AU$279.30 Million AUD (≈ $197.62 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$376.92 Million ≈ $266.69 Million USD) and total liabilities (AU$97.62 Million ≈ $69.07 Million USD). 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. Check Aic Mines Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$279.30 Million |
| % of Total Assets | 74.1% |
| Annual Growth Rate | 14.88% |
| 5-Year Change | 81.02% |
| 10-Year Change | 2420.74% |
| Growth Volatility | 125.52 |
Aic Mines Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Aic Mines Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Aic Mines Ltd for the complete picture of this company's asset base.
Annual Net Assets for Aic Mines Ltd (1993–2025)
The table below shows the annual net assets of Aic Mines Ltd from 1993 to 2025. For live valuation and market cap data, see Aic Mines Ltd (A1M) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$279.30 Million ≈ $197.62 Million |
+27.47% |
| 2024-06-30 | AU$219.11 Million ≈ $155.04 Million |
0.00% |
| 2023-12-31 | AU$219.11 Million ≈ $155.04 Million |
+42.01% |
| 2023-06-30 | AU$154.29 Million ≈ $109.17 Million |
0.00% |
| 2022-12-31 | AU$154.29 Million ≈ $109.17 Million |
0.00% |
| 2022-06-30 | AU$154.29 Million ≈ $109.17 Million |
0.00% |
| 2021-12-31 | AU$154.29 Million ≈ $109.17 Million |
+122.99% |
| 2021-06-30 | AU$69.19 Million ≈ $48.96 Million |
+693.85% |
| 2020-12-31 | AU$8.72 Million ≈ $6.17 Million |
-21.34% |
| 2020-06-30 | AU$11.08 Million ≈ $7.84 Million |
0.00% |
| 2019-12-31 | AU$11.08 Million ≈ $7.84 Million |
-37.15% |
| 2019-06-30 | AU$17.63 Million ≈ $12.47 Million |
0.00% |
| 2018-12-31 | AU$17.63 Million ≈ $12.47 Million |
-27.46% |
| 2018-06-30 | AU$24.30 Million ≈ $17.20 Million |
0.00% |
| 2017-12-31 | AU$24.30 Million ≈ $17.20 Million |
-56.48% |
| 2017-06-30 | AU$55.84 Million ≈ $39.51 Million |
0.00% |
| 2016-12-31 | AU$55.84 Million ≈ $39.51 Million |
-33.82% |
| 2016-06-30 | AU$84.39 Million ≈ $59.71 Million |
0.00% |
| 2015-12-31 | AU$84.39 Million ≈ $59.71 Million |
-26.36% |
| 2015-06-30 | AU$114.60 Million ≈ $81.08 Million |
0.00% |
| 2014-12-31 | AU$114.60 Million ≈ $81.08 Million |
+33.82% |
| 2014-06-30 | AU$85.64 Million ≈ $60.59 Million |
0.00% |
| 2013-12-31 | AU$85.64 Million ≈ $60.59 Million |
-18.20% |
| 2013-06-30 | AU$104.69 Million ≈ $74.08 Million |
0.00% |
| 2012-12-31 | AU$104.69 Million ≈ $74.08 Million |
-36.67% |
| 2012-06-30 | AU$165.32 Million ≈ $116.98 Million |
0.00% |
| 2011-12-31 | AU$165.32 Million ≈ $116.98 Million |
-13.82% |
| 2011-06-30 | AU$191.84 Million ≈ $135.74 Million |
0.00% |
| 2010-12-31 | AU$191.84 Million ≈ $135.74 Million |
+281.03% |
| 2010-06-30 | AU$50.35 Million ≈ $35.62 Million |
0.00% |
| 2009-12-31 | AU$50.35 Million ≈ $35.62 Million |
+8.05% |
| 2009-06-30 | AU$46.60 Million ≈ $32.97 Million |
0.00% |
| 2008-12-31 | AU$46.60 Million ≈ $32.97 Million |
+17.34% |
| 2008-06-30 | AU$39.71 Million ≈ $28.10 Million |
0.00% |
| 2007-12-31 | AU$39.71 Million ≈ $28.10 Million |
-53.62% |
| 2007-06-30 | AU$85.63 Million ≈ $60.59 Million |
0.00% |
| 2006-12-31 | AU$85.63 Million ≈ $60.59 Million |
+611.22% |
| 2006-06-30 | AU$12.04 Million ≈ $8.52 Million |
0.00% |
| 2005-12-31 | AU$12.04 Million ≈ $8.52 Million |
+8.67% |
| 2005-06-30 | AU$11.08 Million ≈ $7.84 Million |
0.00% |
| 2004-12-31 | AU$11.08 Million ≈ $7.84 Million |
+38.13% |
| 2004-06-30 | AU$8.02 Million ≈ $5.68 Million |
0.00% |
| 2003-12-31 | AU$8.02 Million ≈ $5.68 Million |
+29.44% |
| 2003-06-30 | AU$6.20 Million ≈ $4.38 Million |
0.00% |
| 2002-12-31 | AU$6.20 Million ≈ $4.38 Million |
+39.51% |
| 2002-06-30 | AU$4.44 Million ≈ $3.14 Million |
0.00% |
| 2001-12-31 | AU$4.44 Million ≈ $3.14 Million |
+5.41% |
| 2001-06-30 | AU$4.21 Million ≈ $2.98 Million |
0.00% |
| 2000-12-31 | AU$4.21 Million ≈ $2.98 Million |
-12.98% |
| 2000-06-30 | AU$4.84 Million ≈ $3.43 Million |
0.00% |
| 1999-12-31 | AU$4.84 Million ≈ $3.43 Million |
-40.28% |
| 1999-06-30 | AU$8.11 Million ≈ $5.74 Million |
0.00% |
| 1998-12-31 | AU$8.11 Million ≈ $5.74 Million |
+5.69% |
| 1998-06-30 | AU$7.67 Million ≈ $5.43 Million |
0.00% |
| 1997-12-31 | AU$7.67 Million ≈ $5.43 Million |
+23.20% |
| 1997-06-30 | AU$6.23 Million ≈ $4.41 Million |
0.00% |
| 1996-12-31 | AU$6.23 Million ≈ $4.41 Million |
-3.98% |
| 1996-06-30 | AU$6.49 Million ≈ $4.59 Million |
0.00% |
| 1995-12-31 | AU$6.49 Million ≈ $4.59 Million |
+234.29% |
| 1995-06-30 | AU$1.94 Million ≈ $1.37 Million |
0.00% |
| 1994-12-31 | AU$1.94 Million ≈ $1.37 Million |
-45.15% |
| 1994-06-30 | AU$3.54 Million ≈ $2.50 Million |
0.00% |
| 1993-12-31 | AU$3.54 Million ≈ $2.50 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Aic Mines 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 grown by 2366200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$22.37 Million | 8.01% |
| Common Stock | AU$248.82 Million | 89.09% |
| Other Comprehensive Income | AU$8.11 Million | 2.90% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$279.30 Million | 100.00% |
Aic Mines Ltd Competitors by Market Cap
The table below lists competitors of Aic Mines Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHEMTRONICS.CO.Ltd
KQ:089010
|
$341.57 Million |
|
Gigasolar Materials
TWO:3691
|
$341.59 Million |
|
Race Oncology Ltd
AU:RAC
|
$341.71 Million |
|
ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX
|
$341.86 Million |
|
Waskita Karya Persero Tbk
JK:WSKT
|
$340.97 Million |
|
Shenzhen HeKeda Precision Cleaning Equipment Co Ltd
SHE:002816
|
$340.95 Million |
|
Nouveau Monde Graphite Inc
NYSE:NMG
|
$340.81 Million |
|
Volatus Aerospace Inc
V:FLT
|
$340.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aic Mines Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 219,114,000 to 279,298,000, a change of 60,184,000 (27.5%).
- Net income of 14,958,000 contributed positively to equity growth.
- Share repurchases of 41,359,000 reduced equity.
- Other comprehensive income increased equity by 2,621,999.
- Other factors increased equity by 83,963,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$14.96 Million | +5.36% |
| Share Repurchases | AU$41.36 Million | -14.81% |
| Other Comprehensive Income | AU$2.62 Million | +0.94% |
| Other Changes | AU$83.96 Million | +30.06% |
| Total Change | AU$- | 27.47% |
Book Value vs Market Value Analysis
This analysis compares Aic Mines 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: 1.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 65.61x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | AU$0.01 | AU$0.61 | x |
| 1994-06-30 | AU$0.82 | AU$0.61 | x |
| 1994-12-31 | AU$0.01 | AU$0.61 | x |
| 1995-06-30 | AU$0.45 | AU$0.61 | x |
| 1995-12-31 | AU$0.02 | AU$0.61 | x |
| 1996-06-30 | AU$1.50 | AU$0.61 | x |
| 1996-12-31 | AU$0.02 | AU$0.61 | x |
| 1997-06-30 | AU$1.44 | AU$0.61 | x |
| 1997-12-31 | AU$0.02 | AU$0.61 | x |
| 1998-06-30 | AU$1.77 | AU$0.61 | x |
| 1998-12-31 | AU$0.02 | AU$0.61 | x |
| 1999-06-30 | AU$1.88 | AU$0.61 | x |
| 1999-12-31 | AU$0.01 | AU$0.61 | x |
| 2000-06-30 | AU$1.12 | AU$0.61 | x |
| 2000-12-31 | AU$0.01 | AU$0.61 | x |
| 2001-06-30 | AU$0.97 | AU$0.61 | x |
| 2001-12-31 | AU$0.01 | AU$0.61 | x |
| 2002-06-30 | AU$1.07 | AU$0.61 | x |
| 2002-12-31 | AU$0.02 | AU$0.61 | x |
| 2003-06-30 | AU$1.48 | AU$0.61 | x |
| 2003-12-31 | AU$0.02 | AU$0.61 | x |
| 2004-06-30 | AU$2.03 | AU$0.61 | x |
| 2004-12-31 | AU$0.03 | AU$0.61 | x |
| 2005-06-30 | AU$2.65 | AU$0.61 | x |
| 2005-12-31 | AU$0.03 | AU$0.61 | x |
| 2006-06-30 | AU$2.68 | AU$0.61 | x |
| 2006-12-31 | AU$0.18 | AU$0.61 | x |
| 2007-06-30 | AU$3.01 | AU$0.61 | x |
| 2007-12-31 | AU$0.10 | AU$0.61 | x |
| 2008-06-30 | AU$1.70 | AU$0.61 | x |
| 2008-12-31 | AU$0.12 | AU$0.61 | x |
| 2009-06-30 | AU$2.00 | AU$0.61 | x |
| 2009-12-31 | AU$0.13 | AU$0.61 | x |
| 2010-06-30 | AU$2.16 | AU$0.61 | x |
| 2010-12-31 | AU$0.50 | AU$0.61 | x |
| 2011-06-30 | AU$8.23 | AU$0.61 | x |
| 2011-12-31 | AU$0.43 | AU$0.61 | x |
| 2012-06-30 | AU$7.09 | AU$0.61 | x |
| 2012-12-31 | AU$0.27 | AU$0.61 | x |
| 2013-06-30 | AU$4.49 | AU$0.61 | x |
| 2013-12-31 | AU$0.22 | AU$0.61 | x |
| 2014-06-30 | AU$3.67 | AU$0.61 | x |
| 2014-12-31 | AU$0.30 | AU$0.61 | x |
| 2015-06-30 | AU$4.92 | AU$0.61 | x |
| 2015-12-31 | AU$2.23 | AU$0.61 | x |
| 2016-06-30 | AU$3.62 | AU$0.61 | x |
| 2016-12-31 | AU$1.57 | AU$0.61 | x |
| 2017-06-30 | AU$2.40 | AU$0.61 | x |
| 2017-12-31 | AU$0.69 | AU$0.61 | x |
| 2018-06-30 | AU$0.50 | AU$0.61 | x |
| 2018-12-31 | AU$0.40 | AU$0.61 | x |
| 2019-06-30 | AU$0.36 | AU$0.61 | x |
| 2019-12-31 | AU$0.03 | AU$0.61 | x |
| 2020-06-30 | AU$0.23 | AU$0.61 | x |
| 2020-12-31 | AU$0.02 | AU$0.61 | x |
| 2021-06-30 | AU$1.17 | AU$0.61 | x |
| 2021-12-31 | AU$0.40 | AU$0.61 | x |
| 2022-06-30 | AU$0.49 | AU$0.61 | x |
| 2022-12-31 | AU$0.40 | AU$0.61 | x |
| 2023-06-30 | AU$0.40 | AU$0.61 | x |
| 2023-12-31 | AU$0.44 | AU$0.61 | x |
| 2024-06-30 | AU$0.44 | AU$0.61 | x |
| 2025-06-30 | AU$0.46 | AU$0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aic Mines Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.89%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.35x
- Recent ROE (5.36%) is above the historical average (-29.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | -36.56% | 0.00% | 0.00x | 1.06x | AU$-1.65 Million |
| 1994 | -36.56% | 0.00% | 0.00x | 1.06x | AU$-1.65 Million |
| 1994 | -110.15% | -88.89% | 0.61x | 2.02x | AU$-2.33 Million |
| 1995 | -110.15% | -88.89% | 0.61x | 2.02x | AU$-2.33 Million |
| 1995 | 44.43% | 659.60% | 0.07x | 1.02x | AU$2.23 Million |
| 1996 | 44.43% | 659.60% | 0.07x | 1.02x | AU$2.23 Million |
| 1996 | -4.15% | -74.92% | 0.05x | 1.04x | AU$-880.84K |
| 1997 | -4.15% | -74.92% | 0.05x | 1.04x | AU$-880.84K |
| 1997 | -5.85% | 0.00% | 0.00x | 1.03x | AU$-1.22 Million |
| 1998 | -5.85% | 0.00% | 0.00x | 1.03x | AU$-1.22 Million |
| 1998 | -21.07% | 0.00% | 0.00x | 1.81x | AU$-2.52 Million |
| 1999 | -21.06% | 0.00% | 0.00x | 1.81x | AU$-2.52 Million |
| 1999 | -79.05% | 0.00% | 0.00x | 2.25x | AU$-4.31 Million |
| 2000 | -79.05% | 0.00% | 0.00x | 2.25x | AU$-4.31 Million |
| 2000 | -77.91% | 0.00% | 0.00x | 2.65x | AU$-3.70 Million |
| 2001 | -77.91% | 0.00% | 0.00x | 2.65x | AU$-3.70 Million |
| 2001 | -16.26% | 0.00% | 0.00x | 1.04x | AU$-1.22 Million |
| 2002 | -16.25% | 0.00% | 0.00x | 1.04x | AU$-1.22 Million |
| 2002 | -7.24% | 0.00% | 0.00x | 1.00x | AU$-1.10 Million |
| 2003 | -7.24% | 0.00% | 0.00x | 1.00x | AU$-1.10 Million |
| 2003 | -61.95% | 0.00% | 0.00x | 1.00x | AU$-6.33 Million |
| 2004 | -65.49% | 0.00% | 0.00x | 1.00x | AU$-6.64 Million |
| 2004 | -27.38% | -107.47% | 0.25x | 1.03x | AU$-4.27 Million |
| 2005 | -23.55% | -92.45% | 0.25x | 1.03x | AU$-3.84 Million |
| 2005 | -17.20% | -4.38% | 3.93x | 1.00x | AU$-3.61 Million |
| 2006 | 10.11% | 2.58% | 3.93x | 1.00x | AU$15.10K |
| 2006 | -11.93% | -43.06% | 0.13x | 2.09x | AU$-15.39 Million |
| 2007 | -47.90% | -172.94% | 0.13x | 2.09x | AU$-40.65 Million |
| 2007 | -76.44% | -76.15% | 0.44x | 2.28x | AU$-34.33 Million |
| 2008 | -76.44% | -76.15% | 0.44x | 2.28x | AU$-34.33 Million |
| 2008 | -91.64% | -78.49% | 0.95x | 1.23x | AU$-47.36 Million |
| 2009 | -91.64% | -78.49% | 0.95x | 1.23x | AU$-47.36 Million |
| 2009 | -19.68% | -13.81% | 1.16x | 1.23x | AU$-14.94 Million |
| 2010 | -19.68% | -13.81% | 1.16x | 1.23x | AU$-14.94 Million |
| 2010 | -2.56% | -455.20% | 0.01x | 1.03x | AU$-24.10 Million |
| 2011 | -2.56% | -455.24% | 0.01x | 1.03x | AU$-24.10 Million |
| 2011 | -17.86% | 0.00% | 0.00x | 1.03x | AU$-46.06 Million |
| 2012 | -17.86% | 0.00% | 0.00x | 1.03x | AU$-46.06 Million |
| 2012 | -66.06% | -1847.02% | 0.04x | 1.02x | AU$-79.63 Million |
| 2013 | -66.06% | -1847.20% | 0.04x | 1.02x | AU$-79.63 Million |
| 2013 | -25.22% | -705.42% | 0.03x | 1.18x | AU$-30.16 Million |
| 2014 | -25.22% | -705.45% | 0.03x | 1.18x | AU$-30.16 Million |
| 2014 | 115.51% | 100.69% | 1.10x | 1.04x | AU$120.91 Million |
| 2015 | 115.51% | 100.69% | 1.10x | 1.04x | AU$120.91 Million |
| 2015 | -18.12% | -484.29% | 0.04x | 1.01x | AU$-23.73 Million |
| 2016 | -18.12% | -484.29% | 0.04x | 1.01x | AU$-23.73 Million |
| 2016 | -7.78% | -763.97% | 0.01x | 1.01x | AU$-9.93 Million |
| 2017 | -7.78% | -763.97% | 0.01x | 1.01x | AU$-9.93 Million |
| 2017 | -124.67% | -12519.83% | 0.01x | 1.01x | AU$-32.73 Million |
| 2018 | -124.67% | -12519.83% | 0.01x | 1.01x | AU$-32.73 Million |
| 2018 | -14.58% | -567.55% | 0.02x | 1.03x | AU$-4.33 Million |
| 2019 | -14.58% | -567.55% | 0.02x | 1.03x | AU$-4.33 Million |
| 2019 | -121.21% | -3108.80% | 0.04x | 1.07x | AU$-14.54 Million |
| 2020 | -73.69% | -1890.05% | 0.04x | 1.07x | AU$-9.27 Million |
| 2020 | -78.07% | -2700.40% | 0.03x | 1.14x | AU$-7.68 Million |
| 2021 | -9.88% | -2713.10% | 0.00x | 1.36x | AU$-13.76 Million |
| 2021 | -3.77% | -4.63% | 0.65x | 1.26x | AU$-21.24 Million |
| 2022 | 1.62% | 9.97% | 0.13x | 1.26x | AU$-12.93 Million |
| 2022 | -3.77% | -4.63% | 0.65x | 1.26x | AU$-21.24 Million |
| 2023 | -3.77% | -4.63% | 0.65x | 1.26x | AU$-21.24 Million |
| 2023 | 3.51% | 4.22% | 0.68x | 1.22x | AU$-14.22 Million |
| 2024 | 3.51% | 4.22% | 0.68x | 1.22x | AU$-14.22 Million |
| 2025 | 5.36% | 7.89% | 0.50x | 1.35x | AU$-12.97 Million |
Industry Comparison
This section compares Aic Mines Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $115,605,006
- Average return on equity (ROE) among peers: -56.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aic Mines Ltd (A1M) | AU$279.30 Million | -36.56% | 0.35x | $341.44 Million |
| 29METALS Ltd (29M) | $715.69 Million | -6.60% | 0.81x | $297.19 Million |
| Austral Gold Ltd (AGD) | $58.26 Million | -15.21% | 0.84x | $66.18 Million |
| Alvo Minerals Ltd (ALV) | $320.88K | -110.98% | 0.80x | $7.60 Million |
| Alicanto Minerals Ltd (AQI) | $2.54 Million | -215.43% | 0.16x | $136.26 Million |
| Argent Minerals Ltd (ARD) | $2.40 Million | -88.19% | 0.07x | $26.37 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $5.44 Million |
| Avira Resources Ltd (AVW) | $5.57 Million | -12.76% | 0.16x | $3.71 Million |
| Antipa Minerals Ltd (AZY) | $12.76 Million | -5.12% | 0.04x | $304.70 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $17.10 Million |
About Aic Mines Ltd
AIC Mines Limited engages in the exploration, development, and production of mines in Australia. The company operates through Mining, and Exploration and Corporate segments. It explores for gold, copper, silver, and zinc deposits. AIC Mines Limited was incorporated in 1993 and is based in Subiaco, Australia.