Audio Pixels Holdings Ltd (AKP) - Net Assets

Latest as of December 2024: AU$-11.10 Million AUD ≈ $-7.85 Million USD

Based on the latest financial reports, Audio Pixels Holdings Ltd (AKP) has net assets worth AU$-11.10 Million AUD (≈ $-7.85 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$8.09 Million ≈ $5.73 Million USD) and total liabilities (AU$19.19 Million ≈ $13.58 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.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$-11.10 Million
% of Total Assets	-137.15%
Annual Growth Rate	N/A
5-Year Change	-292.15%
10-Year Change	-371.19%
Growth Volatility	849.05

Audio Pixels Holdings Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Audio Pixels Holdings 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 Audio Pixels Holdings Ltd (2003–2024)

The table below shows the annual net assets of Audio Pixels Holdings Ltd from 2003 to 2024.

Year	Net Assets	Change
2024-12-31	AU$-11.10 Million ≈ $-7.85 Million	-97.80%
2023-12-31	AU$-5.61 Million ≈ $-3.97 Million	-3886.55%
2022-12-31	AU$148.21K ≈ $104.87K	-75.48%
2021-12-31	AU$604.41K ≈ $427.66K	-89.54%
2020-12-31	AU$5.78 Million ≈ $4.09 Million	-20.14%
2019-12-31	AU$7.23 Million ≈ $5.12 Million	-48.82%
2018-12-31	AU$14.13 Million ≈ $10.00 Million	+65.32%
2017-12-31	AU$8.55 Million ≈ $6.05 Million	+11.78%
2016-12-31	AU$7.65 Million ≈ $5.41 Million	+86.87%
2015-12-31	AU$4.09 Million ≈ $2.90 Million	-9.52%
2014-12-31	AU$4.52 Million ≈ $3.20 Million	-41.30%
2013-12-31	AU$7.71 Million ≈ $5.45 Million	-17.01%
2012-12-31	AU$9.29 Million ≈ $6.57 Million	+48.64%
2011-12-31	AU$6.25 Million ≈ $4.42 Million	-27.06%
2010-12-31	AU$8.56 Million ≈ $6.06 Million	+138.88%
2009-12-31	AU$3.59 Million ≈ $2.54 Million	+11.23%
2008-12-31	AU$3.22 Million ≈ $2.28 Million	-4.53%
2007-12-31	AU$3.38 Million ≈ $2.39 Million	+2.73%
2006-12-31	AU$3.29 Million ≈ $2.33 Million	+1.59%
2005-12-31	AU$3.24 Million ≈ $2.29 Million	+2.06%
2004-12-31	AU$3.17 Million ≈ $2.24 Million	+2.26%
2003-12-31	AU$3.10 Million ≈ $2.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Audio Pixels Holdings 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 7479204500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$80.07 Million	%
Other Comprehensive Income	AU$-16.28 Million	%
Total Equity	AU$-11.10 Million	100.00%

Audio Pixels Holdings Ltd Competitors by Market Cap

The table below lists competitors of Audio Pixels Holdings Ltd ranked by their market capitalization.

Company	Market Cap
Midas Minerals Ltd AU:MM1	$128.18 Million
Nordic Halibut AS OL:NOHAL	$128.21 Million
Asia Electronic Material Co Ltd TWO:4939	$128.24 Million
Asuransi Multi Artha Guna Tbk PT JK:AMAG	$128.25 Million
Waterco Ltd AU:WAT	$128.14 Million
Atenor SA BR:ATEB	$128.13 Million
Resources Connection Inc F:RCO	$128.04 Million
Amir Marketing and Investments in Agriculture Ltd TA:AMRK	$128.02 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from -5,611,935 to -11,100,214, a change of -5,488,279.
Net loss of 8,171,000 reduced equity.
Other comprehensive income increased equity by 2,682,259.
Other factors increased equity by 462.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-8.17 Million	-73.61%
Other Comprehensive Income	AU$2.68 Million	+24.16%
Other Changes	AU$462.00	+0.0%
Total Change	AU$-	%

Book Value vs Market Value Analysis

This analysis compares Audio Pixels Holdings 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
2003-12-31	AU$0.19	AU$6.20	x
2004-12-31	AU$0.20	AU$6.20	x
2005-12-31	AU$0.20	AU$6.20	x
2006-12-31	AU$0.21	AU$6.20	x
2007-12-31	AU$0.21	AU$6.20	x
2008-12-31	AU$0.20	AU$6.20	x
2009-12-31	AU$0.24	AU$6.20	x
2010-12-31	AU$0.47	AU$6.20	x
2011-12-31	AU$0.27	AU$6.20	x
2012-12-31	AU$0.40	AU$6.20	x
2013-12-31	AU$0.30	AU$6.20	x
2014-12-31	AU$0.16	AU$6.20	x
2015-12-31	AU$0.03	AU$6.20	x
2016-12-31	AU$0.13	AU$6.20	x
2017-12-31	AU$-0.01	AU$6.20	x
2018-12-31	AU$0.48	AU$6.20	x
2019-12-31	AU$0.26	AU$6.20	x
2020-12-31	AU$0.20	AU$6.20	x
2021-12-31	AU$0.02	AU$6.20	x
2022-12-31	AU$0.01	AU$6.20	x
2023-12-31	AU$-0.19	AU$6.20	x
2024-12-31	AU$-0.38	AU$6.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Audio Pixels Holdings 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: -3284.55%
• Asset Turnover: 0.03x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-147.56%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	-0.95%	-20.82%	0.04x	1.29x	AU$-346.98K
2005	1.76%	1740.12%	0.00x	1.28x	AU$-266.74K
2006	1.54%	15.91%	0.08x	1.28x	AU$-277.90K
2007	2.68%	26.27%	0.08x	1.28x	AU$-247.26K
2008	-7.66%	-56.26%	0.10x	1.30x	AU$-569.34K
2009	5.21%	35.02%	0.12x	1.22x	AU$-181.28K
2010	-3.80%	-208.39%	0.01x	1.27x	AU$-1.08 Million
2011	-46.91%	-1085.56%	0.04x	1.09x	AU$-3.56 Million
2012	-28.24%	-1974.99%	0.01x	1.06x	AU$-3.55 Million
2013	-27.87%	-705.34%	0.03x	1.14x	AU$-2.92 Million
2014	-67.06%	-2033.25%	0.03x	1.19x	AU$-3.21 Million
2015	-255.70%	-7343.44%	0.01x	6.41x	AU$-1.91 Million
2016	-150.51%	-4877.93%	0.01x	2.47x	AU$-5.39 Million
2017	0.00%	-9014.02%	0.01x	0.00x	AU$-5.89 Million
2018	-34.38%	-5197.79%	0.01x	1.09x	AU$-5.83 Million
2019	-86.15%	-5118.14%	0.01x	1.35x	AU$-6.96 Million
2020	-209.49%	-12588.81%	0.01x	1.38x	AU$-12.68 Million
2021	-547.64%	-3085.87%	0.03x	6.84x	AU$-3.37 Million
2022	-1643.65%	-2035.85%	0.02x	35.85x	AU$-2.45 Million
2023	0.00%	-70077.68%	0.01x	0.00x	AU$-14.05 Million
2024	0.00%	-3284.55%	0.03x	0.00x	AU$-7.06 Million

Industry Comparison

This section compares Audio Pixels Holdings Ltd's net assets metrics with peer companies in the Consumer Electronics industry.

Industry Context

Industry: Consumer Electronics
Average net assets among peers: $-4,056,690
Average return on equity (ROE) among peers: -23.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Audio Pixels Holdings Ltd (AKP)	AU$-11.10 Million	-0.95%	N/A	$128.14 Million
Atomos Ltd (AMS)	$-11.02 Million	0.00%	0.00x	$25.18 Million
Audeara Ltd (AUA)	$711.12K	-71.82%	0.21x	$6.40 Million
Birddog Technology Ltd (BDT)	$-1.86 Million	0.00%	0.00x	$3.16 Million

About Audio Pixels Holdings Ltd

AU:AKP Australia Consumer Electronics

Market Cap

$128.14 Million

AU$181.10 Million AUD

Market Cap Rank

#18244 Global

#584 in Australia

Share Price

AU$6.20

Change (1 day)

+0.00%

52-Week Range

AU$6.20 - AU$6.20

All Time High

AU$33.34