ABX Group Ltd

AU:ABX Australia Aluminum
Market Cap
$12.36 Million
AU$19.97 Million AUD
Market Cap Rank
#29469 Global
#812 in Australia
Share Price
AU$0.07
Change (1 day)
-1.47%
52-Week Range
AU$0.04 - AU$0.12
All Time High
AU$0.31
Categories
Companies in Australia Aluminum
About

ABx Group Limited engages in the exploration and development of bauxite resources in Australia. The company develops the Sunrise project located in Queensland; the DL130 bauxite project located in Tasmania; and Deep Leads rare earth project located in Tasmania. It is also involved in producing industrial chemicals from aluminium smelter waste. The company also involved in supplying rare earth ele… Read more

ABX Group Ltd (ABX) - Net Assets

Latest net assets as of June 2025: AU$10.09 Million AUD

Based on the latest financial reports, ABX Group Ltd (ABX) has net assets worth AU$10.09 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$18.71 Million) and total liabilities (AU$8.62 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$10.09 Million
% of Total Assets 53.95%
Annual Growth Rate 8.02%
5-Year Change -24.88%
10-Year Change -33.83%
Growth Volatility 73.01

ABX Group Ltd - Net Assets Trend (2009–2024)

This chart illustrates how ABX Group 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 ABX Group Ltd (2009–2024)

The table below shows the annual net assets of ABX Group Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 AU$11.22 Million -11.81%
2023-12-31 AU$12.73 Million -2.80%
2022-12-31 AU$13.10 Million -21.85%
2021-12-31 AU$16.76 Million +12.14%
2020-12-31 AU$14.94 Million +0.86%
2019-12-31 AU$14.82 Million -11.27%
2018-12-31 AU$16.70 Million -3.57%
2017-12-31 AU$17.32 Million +2.55%
2016-12-31 AU$16.88 Million -0.48%
2015-12-31 AU$16.96 Million -4.44%
2014-12-31 AU$17.75 Million +14.46%
2013-12-31 AU$15.51 Million +8.69%
2012-12-31 AU$14.27 Million +9.87%
2011-12-31 AU$12.99 Million -5.46%
2010-12-31 AU$13.74 Million +289.29%
2009-12-31 AU$3.53 Million --

Equity Component Analysis

This analysis shows how different components contribute to ABX Group 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 2549536500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$34.58 Million 305.93%
Other Comprehensive Income AU$2.59 Million 22.89%
Total Equity AU$11.30 Million 100.00%

ABX Group Ltd Competitors by Market Cap

The table below lists competitors of ABX Group Ltd ranked by their market capitalization.

Company Market Cap
Alfa Energi Investama Tbk PT
JK:FIRE
 		$8.09 Million
JKG Land Bhd
KLSE:6769
 		$8.09 Million
ZincX Resources Corp
PINK:ZNCXF
 		$8.09 Million
D.T.C. Enterprise PCL
BK:DTCENT
 		$8.09 Million
Lithium South Development Corporation
OTCQB:LISMF
 		$8.08 Million
Omax Autos Limited
NSE:OMAXAUTO
 		$8.08 Million
Buana Listya Tama Tbk PT
JK:BULL
 		$8.08 Million
36Kr Holdings Inc
NASDAQ:KRKR
 		$8.08 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,780,000 to 11,304,000, a change of -1,476,000 (-11.5%).
  • Net loss of 2,002,000 reduced equity.
  • Share repurchases of 94,000 reduced equity.
  • New share issuances of 616,000 increased equity.
  • Other comprehensive income decreased equity by 34,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-2.00 Million -17.71%
Share Repurchases AU$94.00K -0.83%
Share Issuances AU$616.00K +5.45%
Other Comprehensive Income AU$-34.00K -0.3%
Other Changes AU$38.00K +0.34%
Total Change AU$- -11.55%

Book Value vs Market Value Analysis

This analysis compares ABX Group 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: 1.48x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 1.33x to 1.48x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 AU$0.05 AU$0.07 x
2010-12-31 AU$0.16 AU$0.07 x
2011-12-31 AU$0.13 AU$0.07 x
2012-12-31 AU$0.13 AU$0.07 x
2013-12-31 AU$0.14 AU$0.07 x
2014-12-31 AU$0.14 AU$0.07 x
2015-12-31 AU$0.12 AU$0.07 x
2016-12-31 AU$0.12 AU$0.07 x
2017-12-31 AU$0.12 AU$0.07 x
2018-12-31 AU$0.11 AU$0.07 x
2019-12-31 AU$0.10 AU$0.07 x
2020-12-31 AU$0.10 AU$0.07 x
2021-12-31 AU$0.10 AU$0.07 x
2022-12-31 AU$0.06 AU$0.07 x
2023-12-31 AU$0.06 AU$0.07 x
2024-12-31 AU$0.05 AU$0.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ABX Group 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): -17.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3451.72%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.73x
  • Recent ROE (-17.71%) is below the historical average (-11.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 -10.50% 0.00% 0.00x 1.69x AU$-723.55K
2010 -6.08% -10432887.50% 0.00x 1.01x AU$-2.21 Million
2011 -6.24% -10245.01% 0.00x 1.03x AU$-2.11 Million
2012 -7.73% -145.61% 0.05x 1.02x AU$-2.53 Million
2013 -11.08% -209.29% 0.05x 1.01x AU$-3.27 Million
2014 -14.00% -536.02% 0.03x 1.04x AU$-4.26 Million
2015 -6.16% -63.78% 0.08x 1.17x AU$-2.74 Million
2016 -0.97% -6.09% 0.15x 1.09x AU$-1.85 Million
2017 1.03% 9.06% 0.10x 1.09x AU$-1.55 Million
2018 -14.22% -1341.24% 0.01x 1.12x AU$-4.04 Million
2019 -16.73% -117.90% 0.12x 1.16x AU$-3.96 Million
2020 -3.68% -24.28% 0.13x 1.13x AU$-2.04 Million
2021 -33.76% -13697.56% 0.00x 1.19x AU$-7.28 Million
2022 -26.82% -6217.86% 0.00x 1.25x AU$-4.78 Million
2023 -12.79% -736.49% 0.01x 1.69x AU$-2.91 Million
2024 -17.71% -3451.72% 0.00x 1.73x AU$-3.13 Million

Industry Comparison

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

Industry Context

  • Industry: Aluminum
  • Average net assets among peers: $-3,000
  • Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ABX Group Ltd (ABX) AU$10.09 Million -10.50% 0.85x $8.08 Million
Alpha Hpa Ltd (A4N) $-3.00K 0.00% 0.00x $273.34 Million