AJ Lucas Group Ltd (AJL) - Net Assets
Based on the latest financial reports, AJ Lucas Group Ltd (AJL) has net assets worth AU$-34.43 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$84.54 Million) and total liabilities (AU$118.97 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-34.43 Million |
| % of Total Assets | -40.72% |
| Annual Growth Rate | N/A |
| 5-Year Change | -177.97% |
| 10-Year Change | -184.84% |
| Growth Volatility | 78.39 |
AJ Lucas Group Ltd - Net Assets Trend (1999–2025)
This chart illustrates how AJ Lucas 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 AJ Lucas Group Ltd (1999–2025)
The table below shows the annual net assets of AJ Lucas Group Ltd from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$-73.63 Million | -27.31% |
| 2024-06-30 | AU$-57.84 Million | -1.36% |
| 2023-06-30 | AU$-57.06 Million | -174.28% |
| 2022-06-30 | AU$76.82 Million | -18.66% |
| 2021-06-30 | AU$94.44 Million | +8.62% |
| 2020-06-30 | AU$86.95 Million | -19.15% |
| 2019-06-30 | AU$107.54 Million | -22.69% |
| 2018-06-30 | AU$139.11 Million | +42.28% |
| 2017-06-30 | AU$97.77 Million | +12.65% |
| 2016-06-30 | AU$86.79 Million | +9.18% |
| 2015-06-30 | AU$79.49 Million | -26.04% |
| 2014-06-30 | AU$107.48 Million | -18.35% |
| 2013-06-30 | AU$131.64 Million | +15.99% |
| 2012-06-30 | AU$113.49 Million | -35.47% |
| 2011-06-30 | AU$175.88 Million | -8.98% |
| 2010-06-30 | AU$193.23 Million | -3.27% |
| 2009-06-30 | AU$199.76 Million | +206.56% |
| 2008-06-30 | AU$65.16 Million | +114.07% |
| 2007-06-30 | AU$30.44 Million | +36.89% |
| 2006-06-30 | AU$22.24 Million | +17.51% |
| 2005-06-30 | AU$18.92 Million | -57.25% |
| 2004-06-30 | AU$44.26 Million | +44.26% |
| 2003-06-30 | AU$30.68 Million | +111.86% |
| 2002-06-30 | AU$14.48 Million | -19.24% |
| 2001-06-30 | AU$17.93 Million | +10.95% |
| 2000-06-30 | AU$16.16 Million | +208.49% |
| 1999-06-30 | AU$5.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AJ Lucas 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 18479.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$514.59 Million | % |
| Other Comprehensive Income | AU$40.00K | % |
| Total Equity | AU$-73.55 Million | 100.00% |
AJ Lucas Group Ltd Competitors by Market Cap
The table below lists competitors of AJ Lucas Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOMI Environmental Solutions Inc
NASDAQ:TOMZ
|
$11.68 Million |
|
Lien Hoe Corporation Bhd
KLSE:3573
|
$11.68 Million |
|
VCI Global Limited Ordinary Share
NASDAQ:VCIG
|
$11.69 Million |
|
Agillic A/S
CO:AGILC
|
$11.69 Million |
|
SemiLEDS Corporation
NASDAQ:LEDS
|
$11.68 Million |
|
Highway 50 Gold Corp
V:HWY
|
$11.67 Million |
|
SOFTOX SOLUTIONS NK 002
F:6FV
|
$11.67 Million |
|
Topvision Eye Specialist Berhad
KLSE:0332
|
$11.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AJ Lucas Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -57,793,000 to -73,550,000, a change of -15,757,000.
- Net loss of 15,010,000 reduced equity.
- Other comprehensive income decreased equity by 747,000.
- Other factors decreased equity by 0.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-15.01 Million | -20.41% |
| Other Comprehensive Income | AU$-747.00K | -1.02% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares AJ Lucas 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-06-30 | AU$1.65 | AU$0.01 | x |
| 2000-06-30 | AU$0.35 | AU$0.01 | x |
| 2001-06-30 | AU$0.39 | AU$0.01 | x |
| 2002-06-30 | AU$0.32 | AU$0.01 | x |
| 2003-06-30 | AU$0.59 | AU$0.01 | x |
| 2004-06-30 | AU$0.73 | AU$0.01 | x |
| 2005-06-30 | AU$0.25 | AU$0.01 | x |
| 2006-06-30 | AU$0.30 | AU$0.01 | x |
| 2007-06-30 | AU$0.45 | AU$0.01 | x |
| 2008-06-30 | AU$0.93 | AU$0.01 | x |
| 2009-06-30 | AU$2.00 | AU$0.01 | x |
| 2010-06-30 | AU$2.05 | AU$0.01 | x |
| 2011-06-30 | AU$1.84 | AU$0.01 | x |
| 2012-06-30 | AU$0.95 | AU$0.01 | x |
| 2013-06-30 | AU$1.01 | AU$0.01 | x |
| 2014-06-30 | AU$0.36 | AU$0.01 | x |
| 2015-06-30 | AU$0.23 | AU$0.01 | x |
| 2016-06-30 | AU$0.30 | AU$0.01 | x |
| 2017-06-30 | AU$0.24 | AU$0.01 | x |
| 2018-06-30 | AU$0.21 | AU$0.01 | x |
| 2019-06-30 | AU$0.12 | AU$0.01 | x |
| 2020-06-30 | AU$0.08 | AU$0.01 | x |
| 2021-06-30 | AU$0.08 | AU$0.01 | x |
| 2022-06-30 | AU$0.06 | AU$0.01 | x |
| 2023-06-30 | AU$-0.04 | AU$0.01 | x |
| 2024-06-30 | AU$-0.04 | AU$0.01 | x |
| 2025-06-30 | AU$-0.05 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AJ Lucas 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.31%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-14.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 20.23% | 0.00% | 0.00x | 2.81x | AU$536.05K |
| 2000 | 24.88% | 9.66% | 1.14x | 2.25x | AU$2.41 Million |
| 2001 | 25.07% | 4.92% | 1.63x | 3.14x | AU$2.70 Million |
| 2002 | -5.36% | -1.16% | 0.98x | 4.69x | AU$-2.23 Million |
| 2003 | 25.24% | 5.11% | 1.77x | 2.79x | AU$4.67 Million |
| 2004 | 0.61% | 0.23% | 1.38x | 1.91x | AU$-4.16 Million |
| 2005 | -117.67% | -29.98% | 1.15x | 3.43x | AU$-24.16 Million |
| 2006 | 13.63% | 1.77% | 1.87x | 4.12x | AU$806.40K |
| 2007 | 21.01% | 2.96% | 1.43x | 4.96x | AU$3.35 Million |
| 2008 | 20.67% | 3.17% | 1.85x | 3.53x | AU$6.95 Million |
| 2009 | 51.69% | 20.68% | 0.97x | 2.58x | AU$83.28 Million |
| 2010 | -3.69% | -1.99% | 0.79x | 2.34x | AU$-26.45 Million |
| 2011 | -6.55% | -2.66% | 0.99x | 2.50x | AU$-29.12 Million |
| 2012 | -97.13% | -21.86% | 1.21x | 3.66x | AU$-121.59 Million |
| 2013 | -96.47% | -43.08% | 0.88x | 2.53x | AU$-140.16 Million |
| 2014 | -85.31% | -40.23% | 0.89x | 2.38x | AU$-102.44 Million |
| 2015 | -56.88% | -31.18% | 0.63x | 2.91x | AU$-53.17 Million |
| 2016 | -22.45% | -15.53% | 0.55x | 2.64x | AU$-28.16 Million |
| 2017 | -39.92% | -32.00% | 0.51x | 2.46x | AU$-48.81 Million |
| 2018 | -11.70% | -13.05% | 0.47x | 1.92x | AU$-30.18 Million |
| 2019 | -36.63% | -27.46% | 0.54x | 2.47x | AU$-50.14 Million |
| 2020 | -10.35% | -6.05% | 0.62x | 2.78x | AU$-17.47 Million |
| 2021 | 3.58% | 3.01% | 0.48x | 2.49x | AU$-5.99 Million |
| 2022 | -14.96% | -9.19% | 0.56x | 2.92x | AU$-18.89 Million |
| 2023 | 0.00% | -96.48% | 1.51x | 0.00x | AU$-146.36 Million |
| 2024 | 0.00% | -0.44% | 1.47x | 0.00x | AU$5.08 Million |
| 2025 | 0.00% | -10.31% | 1.63x | 0.00x | AU$-7.66 Million |
Industry Comparison
This section compares AJ Lucas Group Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $168,105,601
- Average return on equity (ROE) among peers: -29.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AJ Lucas Group Ltd (AJL) | AU$-34.43 Million | 20.23% | N/A | $11.68 Million |
| Aspire Mining Ltd (AKM) | $40.75 Million | -16.31% | 0.10x | $79.02 Million |
| Advance Metals Ltd (AVM) | $9.56 Million | -28.94% | 0.04x | $33.33 Million |
| Bowen Coking Coal Ltd (BCB) | $-899.64K | 0.00% | 0.00x | $5.72 Million |
| Cokal Ltd (CKA) | $9.10 Million | -110.51% | 2.97x | $51.91 Million |
| Coronado Global Resources Inc (CRN) | $1.07 Billion | -10.15% | 1.35x | $21.23 |
| Jameson Resources Ltd (JAL) | $36.31 Million | -2.32% | 0.02x | $27.59 Million |
| Stanmore Resources Ltd (SMR) | $39.09 Million | -50.52% | 2.42x | $1.49 Billion |
| Tigers Realm Coal Ltd (TIG) | $138.06 Million | -14.54% | 0.57x | $27.74 Million |
About AJ Lucas Group Ltd
AJ Lucas Group Limited, together with its subsidiaries, provides drilling services in Australia. The company operates in two segments, Drilling and Oil and Gas Operations. The Drilling segment provides integrated professional drilling services primarily for exploration and degasification of coal mines, including recovery and commercialization of coal seam gas and associated services. The Oil and … Read more