Alpha Hpa Ltd (A4N) - Net Assets

Latest as of December 2025: AU$205.81 Million AUD ≈ $145.62 Million USD

Based on the latest financial reports, Alpha Hpa Ltd (A4N) has net assets worth AU$205.81 Million AUD (≈ $145.62 Million USD) 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 ≈ $216.05 Million USD) and total liabilities (AU$99.54 Million ≈ $70.43 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 A4N asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore A4N asset base for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Alpha Hpa Ltd (A4N) market capitalisation.

Year	Net Assets	Change
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 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.

Company	Market Cap
Sillo Maritime Perdana Tbk PT JK:SHIP	$621.54 Million
Phat Dat Real Estate Development Corp VN:PDR	$621.74 Million
Marssenger Kitchenware Co. Ltd. SHE:300894	$621.87 Million
Matrix Concepts Holdings Bhd KLSE:5236	$622.06 Million
YIDU TECH INC. DL -00002 F:0EL	$621.36 Million
Zhejiang Henglin Chair Industry Co Ltd Class A SHG:603661	$621.28 Million
G City Ltd TA:GCT	$621.12 Million
RVRC Holding AB ST:RVRC	$620.74 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 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: 3.14x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 8.42x to 3.14x 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$0.61	x
2009-06-30	AU$0.09	AU$0.61	x
2010-06-30	AU$0.04	AU$0.61	x
2011-06-30	AU$0.11	AU$0.61	x
2012-06-30	AU$0.03	AU$0.61	x
2013-06-30	AU$0.03	AU$0.61	x
2014-06-30	AU$0.04	AU$0.61	x
2015-06-30	AU$0.03	AU$0.61	x
2016-06-30	AU$0.03	AU$0.61	x
2017-06-30	AU$0.02	AU$0.61	x
2018-06-30	AU$0.02	AU$0.61	x
2019-06-30	AU$0.01	AU$0.61	x
2020-06-30	AU$0.02	AU$0.61	x
2021-06-30	AU$0.07	AU$0.61	x
2022-06-30	AU$0.06	AU$0.61	x
2023-06-30	AU$0.07	AU$0.61	x
2024-06-30	AU$0.27	AU$0.61	x
2025-06-30	AU$0.19	AU$0.61	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: $200,999,500
Average return on equity (ROE) among peers: -8.36%

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	$621.52 Million
ABX Group Ltd (ABX)	$14.82 Million	-16.71%	0.16x	$13.50 Million
Capral Ltd (CAA)	$387.18 Million	0.00%	0.90x	$137.90 Million

About Alpha Hpa Ltd

AU:A4N Australia Aluminum

Market Cap

$621.52 Million

AU$878.40 Million AUD

Market Cap Rank

#11445 Global

#285 in Australia

Share Price

AU$0.61

Change (1 day)

-6.92%

52-Week Range

AU$0.50 - AU$1.02

All Time High

AU$1.22