Aspire Mining Ltd

AU:AKM Australia Coking Coal
Market Cap
$73.87 Million
AU$119.29 Million AUD
Market Cap Rank
#25318 Global
#551 in Australia
Share Price
AU$0.24
Change (1 day)
+6.82%
52-Week Range
AU$0.21 - AU$0.31
All Time High
AU$0.45
Categories
Companies in Australia Coking Coal
About

Aspire Mining Limited engages in the development of coking coal project in Australia and Mongolia. The company holds 100% interest in the Ovoot Coking Coal Project with one mining license located in the Khuvsgul aimag province of north-western Mongolia. It also holds a 90% interest in the Nuurstei coking coal project that consists of one mining license located in the Khuvsgul aimag province of no… Read more

Aspire Mining Ltd (AKM) - Net Assets

Latest net assets as of June 2025: AU$61.20 Million AUD

Based on the latest financial reports, Aspire Mining Ltd (AKM) has net assets worth AU$61.20 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$62.15 Million) and total liabilities (AU$955.33K). 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$61.20 Million
% of Total Assets 98.46%
Annual Growth Rate 19.67%
5-Year Change -3.34%
10-Year Change 95.68%
Growth Volatility 128.04

Aspire Mining Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Aspire Mining 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 Aspire Mining Ltd (2007–2025)

The table below shows the annual net assets of Aspire Mining Ltd from 2007 to 2025.

Year Net Assets Change
2025-06-30 AU$67.64 Million +2.47%
2024-06-30 AU$66.01 Million -3.56%
2023-06-30 AU$68.45 Million -2.38%
2022-06-30 AU$70.12 Million +0.20%
2021-06-30 AU$69.98 Million -10.55%
2020-06-30 AU$78.23 Million +58.69%
2019-06-30 AU$49.30 Million +20.98%
2018-06-30 AU$40.75 Million +57.57%
2017-06-30 AU$25.86 Million -25.19%
2016-06-30 AU$34.57 Million -6.15%
2015-06-30 AU$36.83 Million -10.84%
2014-06-30 AU$41.31 Million -18.60%
2013-06-30 AU$50.75 Million -6.92%
2012-06-30 AU$54.52 Million +92.56%
2011-06-30 AU$28.31 Million +108.09%
2010-06-30 AU$13.61 Million +534.70%
2009-06-30 AU$2.14 Million -65.08%
2008-06-30 AU$6.14 Million +129.92%
2007-06-30 AU$2.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to Aspire Mining 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 8900692500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$205.01 Million 300.29%
Other Comprehensive Income AU$-47.57 Million -69.68%
Total Equity AU$68.27 Million 100.00%

Aspire Mining Ltd Competitors by Market Cap

The table below lists competitors of Aspire Mining Ltd ranked by their market capitalization.

Company Market Cap
Companhiade Eletricidade do Estado da Bahia - COELBA
SA:CEEB3
 		$20.78 Million
GenSight Biologics S.A
PINK:GSGTF
 		$20.78 Million
Genesis Scale Holdings Limited
F:92N0
 		$20.79 Million
Damsan JSC
VN:ADS
 		$20.81 Million
Manolete Partners Plc
PINK:MANOF
 		$20.77 Million
TAO Synergies Inc.
NASDAQ:TAOX
 		$20.76 Million
Bizim Toptan Satis Magazalari AS
IS:BIZIM
 		$20.76 Million
Rayence Co. Ltd
KQ:228850
 		$20.76 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 66,583,227 to 68,270,703, a change of 1,687,476 (2.5%).
  • Net income of 10,768,152 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 18,244,677.
  • Other factors increased equity by 9,164,001.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$10.77 Million +15.77%
Other Comprehensive Income AU$-18.24 Million -26.72%
Other Changes AU$9.16 Million +13.42%
Total Change AU$- 2.53%

Book Value vs Market Value Analysis

This analysis compares Aspire Mining 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: 1.77x
  • 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 0.28x to 1.77x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-06-30 AU$0.85 AU$0.24 x
2008-06-30 AU$1.63 AU$0.24 x
2009-06-30 AU$0.26 AU$0.24 x
2010-06-30 AU$0.51 AU$0.24 x
2011-06-30 AU$0.49 AU$0.24 x
2012-06-30 AU$0.77 AU$0.24 x
2013-06-30 AU$0.67 AU$0.24 x
2014-06-30 AU$0.63 AU$0.24 x
2015-06-30 AU$0.52 AU$0.24 x
2016-06-30 AU$0.31 AU$0.24 x
2017-06-30 AU$0.23 AU$0.24 x
2018-06-30 AU$0.22 AU$0.24 x
2019-06-30 AU$0.17 AU$0.24 x
2020-06-30 AU$0.18 AU$0.24 x
2021-06-30 AU$0.14 AU$0.24 x
2022-06-30 AU$0.14 AU$0.24 x
2023-06-30 AU$0.14 AU$0.24 x
2024-06-30 AU$0.13 AU$0.24 x
2025-06-30 AU$0.13 AU$0.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Aspire Mining 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): 15.77%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14251.50%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.00x
  • Recent ROE (15.77%) is above the historical average (-21.56%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -6.03% -287.50% 0.02x 1.02x AU$-428.00K
2008 -6.08% 0.00% 0.00x 1.05x AU$-987.04K
2009 -245.50% 0.00% 0.00x 1.02x AU$-5.48 Million
2010 -6.46% 0.00% 0.00x 1.27x AU$-2.24 Million
2011 -15.86% 0.00% 0.00x 1.03x AU$-7.32 Million
2012 -9.61% 0.00% 0.00x 1.03x AU$-10.69 Million
2013 -15.27% 0.00% 0.00x 1.08x AU$-12.83 Million
2014 -6.87% 0.00% 0.00x 1.13x AU$-6.97 Million
2015 -41.02% -22586.34% 0.00x 1.19x AU$-18.79 Million
2016 -6.69% -7653.10% 0.00x 1.21x AU$-5.77 Million
2017 -18.89% -2914.36% 0.00x 1.42x AU$-7.47 Million
2018 -16.23% -3071.52% 0.00x 1.09x AU$-10.74 Million
2019 -12.15% -1854.85% 0.01x 1.00x AU$-11.02 Million
2020 -6.91% -1279.24% 0.01x 1.00x AU$-13.32 Million
2021 -7.35% -2938.87% 0.00x 1.00x AU$-12.20 Million
2022 0.61% 826.21% 0.00x 1.00x AU$-6.64 Million
2023 -0.81% -72.81% 0.01x 1.00x AU$-7.46 Million
2024 -4.38% -7044.39% 0.00x 1.00x AU$-9.57 Million
2025 15.77% 14251.50% 0.00x 1.00x AU$3.94 Million

Industry Comparison

This section compares Aspire Mining Ltd's net assets metrics with peer companies in the Coking Coal industry.

Industry Context

  • Industry: Coking Coal
  • Average net assets among peers: $36,258,679
  • Average return on equity (ROE) among peers: -63.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Aspire Mining Ltd (AKM) AU$61.20 Million -6.03% 0.02x $20.78 Million
Atrum Coal NL (ATU) $16.05 Million -29.05% 0.04x $1.53 Million
Advance Metals Ltd (AVM) $326.67K -326.93% 2.51x $10.19 Million
Bowen Coking Coal Ltd (BCB) $10.48 Million -19.44% 0.12x $2.73 Million
Cokal Ltd (CKA) $-31.52K 0.00% 0.00x $23.66 Million
Jameson Resources Ltd (JAL) $15.04 Million -33.41% 0.01x $19.66 Million
Tigers Realm Coal Ltd (TIG) $175.69 Million 26.25% 0.22x $9.74 Million