ANAX Metals Ltd (ANX) - Net Assets

Latest as of June 2025: AU$22.04 Million AUD ≈ $15.60 Million USD

Based on the latest financial reports, ANAX Metals Ltd (ANX) has net assets worth AU$22.04 Million AUD (≈ $15.60 Million USD) 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 ≈ $32.10 Million USD) and total liabilities (AU$23.32 Million ≈ $16.50 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. Check ANAX Metals Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore ANAX Metals Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of ANAX Metals Ltd.

Year	Net Assets	Change
2024-12-31	AU$22.04 Million ≈ $15.60 Million	-1.10%
2023-12-31	AU$22.29 Million ≈ $15.77 Million	+31.07%
2022-12-31	AU$17.01 Million ≈ $12.03 Million	-9.11%
2021-12-31	AU$18.71 Million ≈ $13.24 Million	+45.26%
2020-12-31	AU$12.88 Million ≈ $9.11 Million	+128.93%
2019-12-31	AU$5.63 Million ≈ $3.98 Million	+115.99%
2018-12-31	AU$2.61 Million ≈ $1.84 Million	-52.76%
2017-12-31	AU$5.51 Million ≈ $3.90 Million	-37.99%
2016-12-31	AU$8.89 Million ≈ $6.29 Million	-8.92%
2015-12-31	AU$9.76 Million ≈ $6.91 Million	+50.42%
2014-12-31	AU$6.49 Million ≈ $4.59 Million	-31.19%
2013-12-31	AU$9.43 Million ≈ $6.68 Million	-20.53%
2012-12-31	AU$11.87 Million ≈ $8.40 Million	-19.67%
2011-12-31	AU$14.78 Million ≈ $10.46 Million	-22.24%
2010-12-31	AU$19.00 Million ≈ $13.45 Million	-20.83%
2009-12-31	AU$24.00 Million ≈ $16.98 Million	+194.95%
2008-12-31	AU$8.14 Million ≈ $5.76 Million	-34.63%
2007-12-31	AU$12.45 Million ≈ $8.81 Million	+52.82%
2006-12-31	AU$8.15 Million ≈ $5.76 Million	+249.53%
2005-12-31	AU$2.33 Million ≈ $1.65 Million	-19.65%
2004-12-31	AU$2.90 Million ≈ $2.05 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
Nagarjuna Fertilizers and Chemicals Limited NSE:NAGAFERT	$25.35 Million
Radiant Innovation TWO:3373	$25.35 Million
KINGFISH COMPANY EO -01 F:93G	$25.36 Million
Reyna Silver Corp V:RSLV	$25.37 Million
NBEST Prime VIII Inmuebles Socimi SA MC:YINB8	$25.34 Million
Camellia Metal Co Ltd TWO:2064	$25.34 Million
Israel Op L TA:ISOP	$25.32 Million
Yesil Yatirim Holding AS IS:YESIL	$25.28 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: 1.31x
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 0.50x to 1.31x 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$0.04	x
2005-12-31	AU$0.05	AU$0.04	x
2006-12-31	AU$0.13	AU$0.04	x
2007-12-31	AU$0.11	AU$0.04	x
2008-12-31	AU$0.07	AU$0.04	x
2009-12-31	AU$0.21	AU$0.04	x
2010-12-31	AU$0.13	AU$0.04	x
2011-12-31	AU$0.11	AU$0.04	x
2012-12-31	AU$0.14	AU$0.04	x
2013-12-31	AU$0.07	AU$0.04	x
2014-12-31	AU$0.05	AU$0.04	x
2015-12-31	AU$0.06	AU$0.04	x
2016-12-31	AU$0.08	AU$0.04	x
2017-12-31	AU$0.05	AU$0.04	x
2018-12-31	AU$0.02	AU$0.04	x
2019-12-31	AU$0.03	AU$0.04	x
2020-12-31	AU$0.04	AU$0.04	x
2021-12-31	AU$0.04	AU$0.04	x
2022-12-31	AU$0.04	AU$0.04	x
2023-12-31	AU$0.04	AU$0.04	x
2024-12-31	AU$0.03	AU$0.04	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: $4,853,937
Average return on equity (ROE) among peers: -16.32%

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	$25.35 Million
Morella Corporation Ltd (1MC)	$11.54 Million	-25.76%	0.46x	$8.34 Million
Amaero Ltd (3DA)	$13.04 Million	-0.63%	0.03x	$239.27 Million
6K Additive Inc (6KA)	$-42.72 Million	0.00%	0.00x	$169.25 Million
Atlantic Lithium Ltd (A11)	$30.15 Million	-43.08%	0.22x	$162.00 Million
African Gold Ltd (A1G)	$11.08 Million	-18.17%	0.05x	$419.02 Million
Albright Metals Ltd (ABR)	$11.82 Million	-15.47%	0.06x	$3.68 Million
Audalia Resources Ltd (ACP)	$2.06 Million	-45.38%	5.00x	$14.72 Million
Accent Resources NL (ACS)	$-3.42 Million	0.00%	0.00x	$16.28 Million
Acdc Metals Ltd (ADC)	$10.13 Million	-6.86%	0.04x	$3.08 Million
Andromeda Metals Ltd (ADN)	$4.85 Million	-7.89%	0.06x	$26.17 Million

About ANAX Metals Ltd

AU:ANX Australia Other Industrial Metals & Mining

Market Cap

$27.29 Million

AU$38.57 Million AUD

Market Cap Rank

#24277 Global

#1000 in Australia

Share Price

AU$0.04

Change (1 day)

+0.00%

52-Week Range

AU$0.00 - AU$0.04

All Time High

AU$0.13