Australian Agricultural Projects Ltd (AAP) - Net Assets
Based on the latest financial reports, Australian Agricultural Projects Ltd (AAP) has net assets worth AU$15.35 Million AUD (≈ $10.86 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$23.89 Million ≈ $16.90 Million USD) and total liabilities (AU$8.54 Million ≈ $6.05 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 asset resilience ratio of Australian Agricultural Projects Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$15.35 Million |
| % of Total Assets | 64.23% |
| Annual Growth Rate | -3.37% |
| 5-Year Change | 104.04% |
| 10-Year Change | 182.05% |
| Growth Volatility | 106.57 |
Australian Agricultural Projects Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Australian Agricultural Projects Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Australian Agricultural Projects Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Australian Agricultural Projects Ltd (1997–2025)
The table below shows the annual net assets of Australian Agricultural Projects Ltd from 1997 to 2025. For live valuation and market cap data, see Australian Agricultural Projects Ltd (AAP) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$15.35 Million ≈ $10.86 Million |
+21.20% |
| 2024-06-30 | AU$12.66 Million ≈ $8.96 Million |
+31.93% |
| 2023-06-30 | AU$9.60 Million ≈ $6.79 Million |
+16.52% |
| 2022-06-30 | AU$8.24 Million ≈ $5.83 Million |
+9.52% |
| 2021-06-30 | AU$7.52 Million ≈ $5.32 Million |
+38.01% |
| 2020-06-30 | AU$5.45 Million ≈ $3.86 Million |
+10.38% |
| 2019-06-30 | AU$4.94 Million ≈ $3.49 Million |
-1.87% |
| 2018-06-30 | AU$5.03 Million ≈ $3.56 Million |
-14.49% |
| 2017-06-30 | AU$5.88 Million ≈ $4.16 Million |
+8.14% |
| 2016-06-30 | AU$5.44 Million ≈ $3.85 Million |
+7.53% |
| 2015-06-30 | AU$5.06 Million ≈ $3.58 Million |
+12.65% |
| 2014-06-30 | AU$4.49 Million ≈ $3.18 Million |
-9.29% |
| 2013-06-30 | AU$4.95 Million ≈ $3.50 Million |
+57.94% |
| 2012-06-30 | AU$3.14 Million ≈ $2.22 Million |
-64.23% |
| 2011-06-30 | AU$8.77 Million ≈ $6.20 Million |
+0.62% |
| 2010-06-30 | AU$8.71 Million ≈ $6.16 Million |
+7.10% |
| 2009-06-30 | AU$8.13 Million ≈ $5.75 Million |
+0.75% |
| 2008-06-30 | AU$8.07 Million ≈ $5.71 Million |
+294.56% |
| 2007-06-30 | AU$2.05 Million ≈ $1.45 Million |
-17.68% |
| 2006-06-30 | AU$2.49 Million ≈ $1.76 Million |
+391.33% |
| 2005-06-30 | AU$505.83K ≈ $357.90K |
-61.04% |
| 2004-06-30 | AU$1.30 Million ≈ $918.66K |
-99.63% |
| 2000-06-30 | AU$347.12 Million ≈ $245.61 Million |
+18.35% |
| 1999-06-30 | AU$293.29 Million ≈ $207.52 Million |
+176.20% |
| 1998-06-30 | AU$106.19 Million ≈ $75.14 Million |
+164.64% |
| 1997-06-30 | AU$40.13 Million ≈ $28.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Australian Agricultural Projects 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 1437396500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$25.29 Million | 164.78% |
| Other Comprehensive Income | AU$5.76 Million | 37.55% |
| Total Equity | AU$15.35 Million | 100.00% |
Australian Agricultural Projects Ltd Competitors by Market Cap
The table below lists competitors of Australian Agricultural Projects Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Floyd Public Company Limited
BK:FLOYD
|
$15.65 Million |
|
Thai Capital Corporation Public Company Limited
BK:TCC
|
$15.66 Million |
|
NexturnBioscience Co. Ltd
KQ:089140
|
$15.66 Million |
|
Citius Pharmaceuticals Inc
NASDAQ:CTXR
|
$15.66 Million |
|
Opus One Resources Inc
V:OOR
|
$15.65 Million |
|
G3 Global Bhd
KLSE:7184
|
$15.63 Million |
|
Diamyd Medical AB (publ)
ST:DMYD-B
|
$15.63 Million |
|
Reading International B Inc
NASDAQ:RDIB
|
$15.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Australian Agricultural Projects Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,661,181 to 15,345,124, a change of 2,683,943 (21.2%).
- Net income of 1,960,060 contributed positively to equity growth.
- Other comprehensive income increased equity by 723,883.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.96 Million | +12.77% |
| Other Comprehensive Income | AU$723.88K | +4.72% |
| Total Change | AU$- | 21.20% |
Book Value vs Market Value Analysis
This analysis compares Australian Agricultural Projects 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: 1.44x
- 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 3.14x to 1.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$0.02 | AU$0.06 | x |
| 2005-06-30 | AU$0.01 | AU$0.06 | x |
| 2006-06-30 | AU$0.03 | AU$0.06 | x |
| 2007-06-30 | AU$0.02 | AU$0.06 | x |
| 2008-06-30 | AU$0.05 | AU$0.06 | x |
| 2009-06-30 | AU$0.05 | AU$0.06 | x |
| 2010-06-30 | AU$0.05 | AU$0.06 | x |
| 2011-06-30 | AU$0.05 | AU$0.06 | x |
| 2012-06-30 | AU$0.02 | AU$0.06 | x |
| 2013-06-30 | AU$0.03 | AU$0.06 | x |
| 2014-06-30 | AU$0.03 | AU$0.06 | x |
| 2015-06-30 | AU$0.03 | AU$0.06 | x |
| 2016-06-30 | AU$0.04 | AU$0.06 | x |
| 2017-06-30 | AU$0.04 | AU$0.06 | x |
| 2018-06-30 | AU$0.03 | AU$0.06 | x |
| 2019-06-30 | AU$0.03 | AU$0.06 | x |
| 2020-06-30 | AU$0.03 | AU$0.06 | x |
| 2021-06-30 | AU$0.02 | AU$0.06 | x |
| 2022-06-30 | AU$0.03 | AU$0.06 | x |
| 2023-06-30 | AU$0.03 | AU$0.06 | x |
| 2024-06-30 | AU$0.04 | AU$0.06 | x |
| 2025-06-30 | AU$0.04 | AU$0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Australian Agricultural Projects Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.03%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.56x
- Recent ROE (12.77%) is above the historical average (-29.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -108.54% | -474.76% | 0.15x | 1.50x | AU$-1.45 Million |
| 2005 | 11.06% | 2.85% | 0.90x | 4.31x | AU$5.13K |
| 2006 | -114.77% | -68.25% | 0.69x | 2.44x | AU$-2.99 Million |
| 2007 | -240.01% | -47.31% | 1.91x | 2.65x | AU$-4.89 Million |
| 2008 | -54.80% | -36.91% | 0.52x | 2.84x | AU$-5.23 Million |
| 2009 | 0.78% | 0.51% | 0.55x | 2.74x | AU$-749.90K |
| 2010 | 7.00% | 3.70% | 0.76x | 2.50x | AU$-261.50K |
| 2011 | 1.17% | 0.72% | 0.62x | 2.59x | AU$-774.13K |
| 2012 | -179.80% | -33.37% | 0.93x | 5.79x | AU$-5.95 Million |
| 2013 | 38.87% | 58.87% | 0.23x | 2.86x | AU$1.43 Million |
| 2014 | -10.24% | -23.78% | 0.15x | 2.92x | AU$-909.10K |
| 2015 | 11.23% | 20.15% | 0.21x | 2.69x | AU$62.31K |
| 2016 | 7.00% | 11.01% | 0.26x | 2.45x | AU$-163.11K |
| 2017 | 7.52% | 14.90% | 0.22x | 2.24x | AU$-145.69K |
| 2018 | -15.48% | -47.06% | 0.13x | 2.46x | AU$-1.28 Million |
| 2019 | -10.05% | -20.21% | 0.17x | 2.89x | AU$-989.67K |
| 2020 | -27.16% | -131.64% | 0.08x | 2.47x | AU$-2.02 Million |
| 2021 | 13.01% | 29.47% | 0.19x | 2.29x | AU$226.17K |
| 2022 | -2.99% | -9.37% | 0.14x | 2.21x | AU$-1.07 Million |
| 2023 | 5.57% | 15.95% | 0.17x | 2.07x | AU$-425.04K |
| 2024 | 9.91% | 26.54% | 0.21x | 1.77x | AU$-11.29K |
| 2025 | 12.77% | 35.03% | 0.23x | 1.56x | AU$425.55K |
Industry Comparison
This section compares Australian Agricultural Projects Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $491,942,129
- Average return on equity (ROE) among peers: -51.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Australian Agricultural Projects Ltd (AAP) | AU$15.35 Million | -108.54% | 0.56x | $15.65 Million |
| Australian Agricultural Company Ltd (AAC) | $1.52 Billion | -6.24% | 0.56x | $554.44 Million |
| Clean Seas Seafood Ltd (CSS) | $23.28 Million | -148.03% | 0.25x | $20.02 Million |
| Duxton Farms Ltd (DBF) | $75.38 Million | -1.94% | 0.47x | $46.24 Million |
| Elders Ltd (ELD) | $695.64 Million | -0.73% | 1.63x | $1.09 Billion |
| Farm Pride Foods Ltd (FRM) | $9.36 Million | -211.28% | 5.27x | $36.74 Million |
| Graincorp Ltd (GNC) | $1.86 Billion | 6.73% | 0.93x | $992.51 Million |
| Inghams Group Ltd (ING) | $-1.20 Million | 0.00% | 0.00x | $478.64 Million |
| Lynch Group Holdings Ltd (LGL) | $242.75 Million | 8.07% | 0.60x | $189.75 Million |
| Murray Cod Australia Ltd (MCA) | $4.98 Million | -108.76% | 0.01x | $23.01 Million |
About Australian Agricultural Projects Ltd
Australian Agricultural Projects Ltd operates and manages olive groves in Australia. It is involved in the production of extra virgin olive oil. The company was formerly known as Redisland Australia Limited and changed its name to Australian Agricultural Projects Ltd in February 2013. Australian Agricultural Projects Ltd was incorporated in 2003 and is headquartered in Melbourne, Australia.