Alpha Hpa Ltd

AU:A4N Australia Aluminum
Market Cap
$431.96 Million
AU$697.62 Million AUD
Market Cap Rank
#13322 Global
#169 in Australia
Share Price
AU$0.54
Change (1 day)
+2.86%
52-Week Range
AU$0.53 - AU$1.02
All Time High
AU$1.22
About

Alpha HPA Limited, a specialty materials and technology company, focuses on the delivery and operation of the HPA First and Alpha Sapphire projects in Queensland. It offers aluminium products for use in semiconductors, lithium-ion batteries, direct lithium extraction, synthetic sapphire glass for sapphire optics, power-semiconductors, and micro-led technology, as well as technical ceramics and sp… Read more

Alpha Hpa Ltd (A4N) - Net Assets

Latest net assets as of December 2025: AU$205.81 Million AUD

Based on the latest financial reports, Alpha Hpa Ltd (A4N) has net assets worth AU$205.81 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$305.35 Million) and total liabilities (AU$99.54 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 AU$205.81 Million
% of Total Assets 67.4%
Annual Growth Rate N/A
5-Year Change 335.28%
10-Year Change 2391.73%
Growth Volatility 127.34

Alpha Hpa Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Alpha Hpa 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 Alpha Hpa Ltd (2004–2025)

The table below shows the annual net assets of Alpha Hpa Ltd from 2004 to 2025.

Year Net Assets Change
2025-06-30 AU$218.88 Million -11.45%
2024-06-30 AU$247.17 Million +341.26%
2023-06-30 AU$56.02 Million +19.52%
2022-06-30 AU$46.87 Million -6.79%
2021-06-30 AU$50.28 Million +381.75%
2020-06-30 AU$10.44 Million +150.81%
2019-06-30 AU$4.16 Million -59.36%
2018-06-30 AU$10.24 Million +31.27%
2017-06-30 AU$7.80 Million -11.20%
2016-06-30 AU$8.78 Million -7.54%
2015-06-30 AU$9.50 Million -7.11%
2014-06-30 AU$10.23 Million +66.11%
2013-06-30 AU$6.16 Million +1.11%
2012-06-30 AU$6.09 Million -58.33%
2011-06-30 AU$14.61 Million +230.08%
2010-06-30 AU$4.43 Million -14.02%
2009-06-30 AU$5.15 Million +8.51%
2008-06-30 AU$4.75 Million -18.43%
2007-06-30 AU$5.82 Million +194018.83%
2004-06-30 AU$-3.00K --

Equity Component Analysis

This analysis shows how different components contribute to Alpha Hpa 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 13745702300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$352.72 Million 161.15%
Other Comprehensive Income AU$4.03 Million 1.84%
Total Equity AU$218.88 Million 100.00%

Alpha Hpa Ltd Competitors by Market Cap

The table below lists competitors of Alpha Hpa Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alpha Hpa Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 247,174,984 to 218,875,711, a change of -28,299,273 (-11.4%).
  • Net loss of 32,555,318 reduced equity.
  • Share repurchases of 17,216 reduced equity.
  • Other comprehensive income increased equity by 681,434.
  • Other factors increased equity by 3,591,827.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-32.56 Million -14.87%
Share Repurchases AU$17.22K -0.01%
Other Comprehensive Income AU$681.43K +0.31%
Other Changes AU$3.59 Million +1.64%
Total Change AU$- -11.45%

Book Value vs Market Value Analysis

This analysis compares Alpha Hpa 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: 2.80x
  • 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 7.52x to 2.80x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-06-30 AU$0.07 AU$0.54 x
2009-06-30 AU$0.09 AU$0.54 x
2010-06-30 AU$0.04 AU$0.54 x
2011-06-30 AU$0.11 AU$0.54 x
2012-06-30 AU$0.03 AU$0.54 x
2013-06-30 AU$0.03 AU$0.54 x
2014-06-30 AU$0.04 AU$0.54 x
2015-06-30 AU$0.03 AU$0.54 x
2016-06-30 AU$0.03 AU$0.54 x
2017-06-30 AU$0.02 AU$0.54 x
2018-06-30 AU$0.02 AU$0.54 x
2019-06-30 AU$0.01 AU$0.54 x
2020-06-30 AU$0.02 AU$0.54 x
2021-06-30 AU$0.07 AU$0.54 x
2022-06-30 AU$0.06 AU$0.54 x
2023-06-30 AU$0.07 AU$0.54 x
2024-06-30 AU$0.27 AU$0.54 x
2025-06-30 AU$0.19 AU$0.54 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alpha Hpa 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): -14.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10253.09%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.29x
  • Recent ROE (-14.87%) is above the historical average (-39.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 6.29% 33.46% 0.19x 1.01x AU$-215.76K
2008 -17.10% -497.87% 0.03x 1.11x AU$-1.29 Million
2009 -14.16% -923.14% 0.02x 1.02x AU$-1.24 Million
2010 -33.38% -3283.95% 0.01x 1.62x AU$-1.92 Million
2011 -14.65% 0.00% 0.00x 1.01x AU$-3.60 Million
2012 -161.82% 0.00% 0.00x 1.03x AU$-10.46 Million
2013 -16.62% 0.00% 0.00x 1.10x AU$-1.64 Million
2014 -23.26% 0.00% 0.00x 1.09x AU$-3.31 Million
2015 -7.97% 0.00% 0.00x 1.04x AU$-1.67 Million
2016 -9.76% -3923.64% 0.00x 1.18x AU$-1.69 Million
2017 -35.28% -1232.94% 0.02x 1.34x AU$-3.23 Million
2018 -18.21% -5565.15% 0.00x 1.14x AU$-2.74 Million
2019 -216.27% -1094.31% 0.19x 1.02x AU$-10.52 Million
2020 -85.10% 0.00% 0.00x 1.00x AU$-10.44 Million
2021 -32.37% -42011.26% 0.00x 1.03x AU$-21.30 Million
2022 -15.70% -18996.68% 0.00x 1.16x AU$-12.05 Million
2023 -27.99% -97106.19% 0.00x 1.20x AU$-21.28 Million
2024 -10.11% -56704.21% 0.00x 1.08x AU$-49.70 Million
2025 -14.87% -10253.09% 0.00x 1.29x AU$-54.44 Million

Industry Comparison

This section compares Alpha Hpa Ltd's net assets metrics with peer companies in the Aluminum industry.

Industry Context

  • Industry: Aluminum
  • Average net assets among peers: $11,225,000
  • Average return on equity (ROE) among peers: -17.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Alpha Hpa Ltd (A4N) AU$205.81 Million 6.29% 0.48x $273.34 Million
ABX Group Ltd (ABX) $11.22 Million -17.84% 0.74x $8.08 Million