ANAX Metals Ltd
Anax Metals Limited explores, evaluates, and develops mineral properties in Australia. The company explores for gold, copper, zinc, lead, lithium, volcanogenic massive sulphide, rare earth element, silver, and base metal deposits. Its flagship project is the 80% owned Whim Creek project located south-west of Port Hedland in the Central Pilbara region of Western Australia. The company was formerly… Read more
ANAX Metals Ltd (ANX) - Net Assets
Latest net assets as of June 2025: AU$22.04 Million AUD
Based on the latest financial reports, ANAX Metals Ltd (ANX) has net assets worth AU$22.04 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$45.37 Million) and total liabilities (AU$23.32 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$22.04 Million |
| % of Total Assets | 48.59% |
| Annual Growth Rate | 10.67% |
| 5-Year Change | 71.13% |
| 10-Year Change | 125.77% |
| Growth Volatility | 80.61 |
ANAX Metals Ltd - Net Assets Trend (2004–2024)
This chart illustrates how ANAX Metals 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 ANAX Metals Ltd (2004–2024)
The table below shows the annual net assets of ANAX Metals Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$22.04 Million | -1.10% |
| 2023-12-31 | AU$22.29 Million | +31.07% |
| 2022-12-31 | AU$17.01 Million | -9.11% |
| 2021-12-31 | AU$18.71 Million | +45.26% |
| 2020-12-31 | AU$12.88 Million | +128.93% |
| 2019-12-31 | AU$5.63 Million | +115.99% |
| 2018-12-31 | AU$2.61 Million | -52.76% |
| 2017-12-31 | AU$5.51 Million | -37.99% |
| 2016-12-31 | AU$8.89 Million | -8.92% |
| 2015-12-31 | AU$9.76 Million | +50.42% |
| 2014-12-31 | AU$6.49 Million | -31.19% |
| 2013-12-31 | AU$9.43 Million | -20.53% |
| 2012-12-31 | AU$11.87 Million | -19.67% |
| 2011-12-31 | AU$14.78 Million | -22.24% |
| 2010-12-31 | AU$19.00 Million | -20.83% |
| 2009-12-31 | AU$24.00 Million | +194.95% |
| 2008-12-31 | AU$8.14 Million | -34.63% |
| 2007-12-31 | AU$12.45 Million | +52.82% |
| 2006-12-31 | AU$8.15 Million | +249.53% |
| 2005-12-31 | AU$2.33 Million | -19.65% |
| 2004-12-31 | AU$2.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ANAX Metals 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 4379432600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$59.36 Million | 269.26% |
| Other Comprehensive Income | AU$7.64 Million | 34.66% |
| Total Equity | AU$22.04 Million | 100.00% |
ANAX Metals Ltd Competitors by Market Cap
The table below lists competitors of ANAX Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Agereh Technologies Inc
V:AUTO
|
$5.11 Million |
|
OneMeta AI
OTCQB:ONEI
|
$5.11 Million |
|
DS Sigma Holdings Berhad
KLSE:0269
|
$5.12 Million |
|
Space-Communication Ltd
PINK:SPMMF
|
$5.12 Million |
|
Scandinavian ChemoTech AB Series B
ST:CMOTEC-B
|
$5.10 Million |
|
Mannatech Incorporated
NASDAQ:MTEX
|
$5.10 Million |
|
Ni Hsin Resources Bhd
KLSE:7215
|
$5.10 Million |
|
DeepSpatial Inc.
PINK:DSAIF
|
$5.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ANAX Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,290,066 to 22,044,576, a change of -245,490 (-1.1%).
- Net loss of 3,795,815 reduced equity.
- Share repurchases of 2,544,760 reduced equity.
- Other comprehensive income increased equity by 326,112.
- Other factors increased equity by 5,768,973.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.80 Million | -17.22% |
| Share Repurchases | AU$2.54 Million | -11.54% |
| Other Comprehensive Income | AU$326.11K | +1.48% |
| Other Changes | AU$5.77 Million | +26.17% |
| Total Change | AU$- | -1.10% |
Book Value vs Market Value Analysis
This analysis compares ANAX Metals 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: 0.86x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.33x to 0.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | AU$0.07 | AU$0.02 | x |
| 2005-12-31 | AU$0.05 | AU$0.02 | x |
| 2006-12-31 | AU$0.13 | AU$0.02 | x |
| 2007-12-31 | AU$0.11 | AU$0.02 | x |
| 2008-12-31 | AU$0.07 | AU$0.02 | x |
| 2009-12-31 | AU$0.21 | AU$0.02 | x |
| 2010-12-31 | AU$0.13 | AU$0.02 | x |
| 2011-12-31 | AU$0.11 | AU$0.02 | x |
| 2012-12-31 | AU$0.14 | AU$0.02 | x |
| 2013-12-31 | AU$0.07 | AU$0.02 | x |
| 2014-12-31 | AU$0.05 | AU$0.02 | x |
| 2015-12-31 | AU$0.06 | AU$0.02 | x |
| 2016-12-31 | AU$0.08 | AU$0.02 | x |
| 2017-12-31 | AU$0.05 | AU$0.02 | x |
| 2018-12-31 | AU$0.02 | AU$0.02 | x |
| 2019-12-31 | AU$0.03 | AU$0.02 | x |
| 2020-12-31 | AU$0.04 | AU$0.02 | x |
| 2021-12-31 | AU$0.04 | AU$0.02 | x |
| 2022-12-31 | AU$0.04 | AU$0.02 | x |
| 2023-12-31 | AU$0.04 | AU$0.02 | x |
| 2024-12-31 | AU$0.03 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ANAX Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1924.17%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.06x
- Recent ROE (-17.22%) is above the historical average (-32.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -32.03% | 0.00% | 0.00x | 1.04x | AU$-1.22 Million |
| 2005 | -76.20% | -861.11% | 0.09x | 1.03x | AU$-2.01 Million |
| 2006 | -48.80% | 0.00% | 0.00x | 1.02x | AU$-4.79 Million |
| 2007 | -80.28% | 0.00% | 0.00x | 1.43x | AU$-8.14 Million |
| 2008 | -55.79% | 0.00% | 0.00x | 1.31x | AU$-4.14 Million |
| 2009 | -31.67% | 0.00% | 0.00x | 1.10x | AU$-9.23 Million |
| 2010 | -37.71% | -31153.66% | 0.00x | 1.16x | AU$-8.13 Million |
| 2011 | -27.05% | -2427.08% | 0.01x | 1.10x | AU$-5.06 Million |
| 2012 | -24.90% | -10251.72% | 0.00x | 1.10x | AU$-3.85 Million |
| 2013 | -18.73% | -285.80% | 0.06x | 1.05x | AU$-2.63 Million |
| 2014 | -41.11% | -464.09% | 0.09x | 0.97x | AU$-3.68 Million |
| 2015 | 18.81% | 47.24% | 0.37x | 1.07x | AU$818.54K |
| 2016 | -23.37% | -180.62% | 0.11x | 1.21x | AU$-2.67 Million |
| 2017 | -97.18% | -29417.58% | 0.00x | 1.02x | AU$-5.91 Million |
| 2018 | -112.70% | -3837.51% | 0.03x | 1.06x | AU$-3.20 Million |
| 2019 | 34.97% | 4305.59% | 0.01x | 1.04x | AU$1.41 Million |
| 2020 | 1.87% | 9.00% | 0.08x | 2.76x | AU$-1.05 Million |
| 2021 | 7.94% | 7553.41% | 0.00x | 2.15x | AU$-386.16K |
| 2022 | -16.82% | -118672.20% | 0.00x | 2.16x | AU$-4.56 Million |
| 2023 | -12.51% | -3474.58% | 0.00x | 1.94x | AU$-5.02 Million |
| 2024 | -17.22% | -1924.17% | 0.00x | 2.06x | AU$-6.00 Million |
Industry Comparison
This section compares ANAX Metals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ANAX Metals Ltd (ANX) | AU$22.04 Million | -32.03% | 1.06x | $5.11 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |