Alpha Hpa Ltd (A4N) - Net Assets

Latest as of June 2026: AU$426.27 Million AUD ≈ $301.62 Million USD

Based on the latest financial reports, Alpha Hpa Ltd (A4N) has net assets worth AU$426.27 Million AUD (≈ $301.62 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$514.92 Million ≈ $364.34 Million USD) and total liabilities (AU$88.65 Million ≈ $62.72 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 Alpha Hpa Ltd (A4N) strategic investment index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$426.27 Million
% of Total Assets	82.78%
Annual Growth Rate	N/A
5-Year Change	809.5%
10-Year Change	5364.65%
Growth Volatility	124.23

Alpha Hpa Ltd - Net Assets Trend (2004–2026)

This chart illustrates how Alpha Hpa Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Alpha Hpa Ltd.

Annual Net Assets for Alpha Hpa Ltd (2004–2026)

The table below shows the annual net assets of Alpha Hpa Ltd from 2004 to 2026. Also explore how fast is Alpha Hpa Ltd growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-06-30	AU$426.27 Million ≈ $301.62 Million	+94.76%
2025-06-30	AU$218.88 Million ≈ $154.87 Million	-11.45%
2024-06-30	AU$247.17 Million ≈ $174.89 Million	+341.26%
2023-06-30	AU$56.02 Million ≈ $39.63 Million	+19.52%
2022-06-30	AU$46.87 Million ≈ $33.16 Million	-6.79%
2021-06-30	AU$50.28 Million ≈ $35.58 Million	+381.75%
2020-06-30	AU$10.44 Million ≈ $7.39 Million	+150.81%
2019-06-30	AU$4.16 Million ≈ $2.94 Million	-59.36%
2018-06-30	AU$10.24 Million ≈ $7.25 Million	+31.27%
2017-06-30	AU$7.80 Million ≈ $5.52 Million	-11.20%
2016-06-30	AU$8.78 Million ≈ $6.22 Million	-7.54%
2015-06-30	AU$9.50 Million ≈ $6.72 Million	-7.11%
2014-06-30	AU$10.23 Million ≈ $7.24 Million	+66.11%
2013-06-30	AU$6.16 Million ≈ $4.36 Million	+1.11%
2012-06-30	AU$6.09 Million ≈ $4.31 Million	-58.33%
2011-06-30	AU$14.61 Million ≈ $10.34 Million	+230.08%
2010-06-30	AU$4.43 Million ≈ $3.13 Million	-14.02%
2009-06-30	AU$5.15 Million ≈ $3.64 Million	+8.51%
2008-06-30	AU$4.75 Million ≈ $3.36 Million	-18.43%
2007-06-30	AU$5.82 Million ≈ $4.12 Million	+194018.83%
2004-06-30	AU$-3.00K ≈ $-2.12K	--

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 18011362500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2026)

Component	Amount	Percentage
Common Stock	AU$580.41 Million	141.19%
Other Comprehensive Income	AU$11.21 Million	2.73%
Other Components	AU$1.00	0.00%
Total Equity	AU$411.09 Million	100.00%

Alpha Hpa Ltd Competitors by Market Cap

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

Company	Market Cap
Insteel Industries Inc NYSE:IIIN	$575.30 Million
G-Tech Optoelectronics Corp TW:3149	$575.34 Million
Jiangsu Sihuan Bioengineering Co Ltd SHE:000518	$575.51 Million
Caisse Regionale de Credit Agricole Mutuel Brie Picardie PA:CRBP2	$575.99 Million
Zhejiang Tiancheng Control Co SHG:603085	$575.27 Million
Guangxi Nanning Waterworks Co SHG:601368	$574.97 Million
Franklin BSP Realty Trust Inc NYSE:FBRT	$574.91 Million
Wheels India Limited NSE:WHEELS	$574.89 Million

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 2025 to 2026, total equity changed from 218,875,711 to 411,087,514, a change of 192,211,803 (87.8%).
Net loss of 42,656,602 reduced equity.
Share repurchases of 8,427,208 reduced equity.
New share issuances of 231,842,615 increased equity.
Other comprehensive income increased equity by 7,179,836.
Other factors increased equity by 4,273,162.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	AU$-42.66 Million	-10.38%
Share Repurchases	AU$8.43 Million	-2.05%
Share Issuances	AU$231.84 Million	+56.4%
Other Comprehensive Income	AU$7.18 Million	+1.75%
Other Changes	AU$4.27 Million	+1.04%
Total Change	AU$-	87.82%

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: 1.70x
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 7.79x to 1.70x 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$0.56	x
2009-06-30	AU$0.09	AU$0.56	x
2010-06-30	AU$0.04	AU$0.56	x
2011-06-30	AU$0.11	AU$0.56	x
2012-06-30	AU$0.03	AU$0.56	x
2013-06-30	AU$0.03	AU$0.56	x
2014-06-30	AU$0.04	AU$0.56	x
2015-06-30	AU$0.03	AU$0.56	x
2016-06-30	AU$0.03	AU$0.56	x
2017-06-30	AU$0.02	AU$0.56	x
2018-06-30	AU$0.02	AU$0.56	x
2019-06-30	AU$0.01	AU$0.56	x
2020-06-30	AU$0.02	AU$0.56	x
2021-06-30	AU$0.07	AU$0.56	x
2022-06-30	AU$0.06	AU$0.56	x
2023-06-30	AU$0.07	AU$0.56	x
2024-06-30	AU$0.27	AU$0.56	x
2025-06-30	AU$0.19	AU$0.56	x
2026-06-30	AU$0.33	AU$0.56	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): -10.38%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5709.24%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.25x
Recent ROE (-10.38%) is above the historical average (-37.94%), 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$-54.44 Million
2026	-10.38%	-5709.24%	0.00x	1.25x	AU$-83.77 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: $117,897,117
Average return on equity (ROE) among peers: -5.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Alpha Hpa Ltd (A4N)	AU$426.27 Million	6.29%	0.21x	$575.29 Million
ABX Group Ltd (ABX)	$11.22 Million	-17.84%	0.74x	$6.75 Million
Capral Ltd (CAA)	$344.10 Million	-0.01%	1.32x	$131.60 Million
VBX Ltd (VBX)	$-1.63 Million	0.00%	0.00x	$45.29 Million

About Alpha Hpa Ltd

AU:A4N Australia Aluminum

Market Cap

$575.29 Million

AU$813.06 Million AUD

Market Cap Rank

#11625 Global

#296 in Australia

Share Price

AU$0.56

Change (1 day)

+7.69%

52-Week Range

AU$0.48 - AU$0.93

All Time High

AU$1.22