Aspire Mining Ltd (AKM) - Net Assets
Based on the latest financial reports, Aspire Mining Ltd (AKM) has net assets worth AU$39.32 Million AUD (≈ $27.82 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$40.00 Million ≈ $28.30 Million USD) and total liabilities (AU$679.08K ≈ $480.50K 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 Aspire Mining Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$39.32 Million |
| % of Total Assets | 98.3% |
| Annual Growth Rate | 19.67% |
| 5-Year Change | -3.34% |
| 10-Year Change | 95.68% |
| Growth Volatility | 128.48 |
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. See defensive interval ratio of Aspire Mining Ltd to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see market value of Aspire Mining Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$67.64 Million ≈ $47.86 Million |
+50.51% |
| 2024-06-30 | AU$44.94 Million ≈ $31.80 Million |
-34.34% |
| 2023-06-30 | AU$68.45 Million ≈ $48.43 Million |
-2.38% |
| 2022-06-30 | AU$70.12 Million ≈ $49.61 Million |
+0.20% |
| 2021-06-30 | AU$69.98 Million ≈ $49.51 Million |
-10.55% |
| 2020-06-30 | AU$78.23 Million ≈ $55.35 Million |
+58.69% |
| 2019-06-30 | AU$49.30 Million ≈ $34.88 Million |
+20.98% |
| 2018-06-30 | AU$40.75 Million ≈ $28.83 Million |
+57.57% |
| 2017-06-30 | AU$25.86 Million ≈ $18.30 Million |
-25.19% |
| 2016-06-30 | AU$34.57 Million ≈ $24.46 Million |
-6.15% |
| 2015-06-30 | AU$36.83 Million ≈ $26.06 Million |
-10.84% |
| 2014-06-30 | AU$41.31 Million ≈ $29.23 Million |
-18.60% |
| 2013-06-30 | AU$50.75 Million ≈ $35.91 Million |
-6.92% |
| 2012-06-30 | AU$54.52 Million ≈ $38.58 Million |
+92.56% |
| 2011-06-30 | AU$28.31 Million ≈ $20.03 Million |
+108.09% |
| 2010-06-30 | AU$13.61 Million ≈ $9.63 Million |
+534.70% |
| 2009-06-30 | AU$2.14 Million ≈ $1.52 Million |
-65.08% |
| 2008-06-30 | AU$6.14 Million ≈ $4.34 Million |
+129.92% |
| 2007-06-30 | AU$2.67 Million ≈ $1.89 Million |
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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 |
|---|---|
|
LIG-ES SPAC
KQ:220260
|
$84.41 Million |
|
Fortune Information Systems Corp
TW:2468
|
$84.42 Million |
|
MaxCyte Inc
NASDAQ:MXCT
|
$84.42 Million |
|
Cloud Air Co.Ltd
KQ:036170
|
$84.44 Million |
|
Anixa Biosciences Inc
NASDAQ:ANIX
|
$84.38 Million |
|
Cayman Engley Industrial Co
TW:2239
|
$84.37 Million |
|
Seker Gayrimenkul Yatirim Ortakligi A.S.
IS:SEGYO
|
$84.35 Million |
|
ShareHope Medicine Co Ltd
TWO:8403
|
$84.34 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 45,330,431 to 68,270,703, a change of 22,940,272 (50.6%).
- Net income of 6,664,840 contributed positively to equity growth.
- Other comprehensive income decreased equity by 27,604,800.
- Other factors increased equity by 43,880,232.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$6.66 Million | +9.76% |
| Other Comprehensive Income | AU$-27.60 Million | -40.43% |
| Other Changes | AU$43.88 Million | +64.27% |
| Total Change | AU$- | 50.61% |
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$0.09 | AU$0.24 | x |
| 2025-06-30 | AU$0.13 | AU$0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aspire Mining Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14251.77%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (9.76%) is above the historical average (-21.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -6.03% | -287.50% | 0.02x | 1.02x | AU$-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% | -7044.60% | 0.00x | 1.00x | AU$-6.52 Million |
| 2025 | 9.76% | 14251.77% | 0.00x | 1.00x | AU$-162.23K |
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: $442,379,298
- Average return on equity (ROE) among peers: -8.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aspire Mining Ltd (AKM) | AU$39.32 Million | -6.03% | 0.02x | $84.41 Million |
| AJ Lucas Group Ltd (AJL) | $97.77 Million | -39.92% | 1.46x | $6.81 Million |
| Advance Metals Ltd (AVM) | $4.56 Million | -35.00% | 0.07x | $26.76 Million |
| Bowen Coking Coal Ltd (BCB) | $-899.64K | 0.00% | 0.00x | $5.72 Million |
| Bathurst Resources Ltd (BRL) | $259.92 Million | 31.99% | 0.06x | $84.93 Million |
| Cokal Ltd (CKA) | $11.32 Million | -22.91% | 2.22x | $35.88 Million |
| Coronado Global Resources Inc (CRN) | $873.84 Million | 5.80% | 0.20x | $1.62K |
| Jameson Resources Ltd (JAL) | $15.60 Million | 0.54% | 0.02x | $19.78 Million |
| Stanmore Resources Ltd (SMR) | $2.58 Billion | -2.84% | 0.80x | $1.65 Billion |
| Tigers Realm Coal Ltd (TIG) | $138.06 Million | -14.54% | 0.57x | $27.74 Million |
About Aspire Mining Ltd
Aspire Mining Limited engages in the development of fat coking coal project in Australia and Mongolia. The company holds 100% interest in the Ovoot Coking Coal Project with 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 mining license located in the Khuvsgul aimag province of north-… Read more