ANAX Metals Ltd (ANX) - Net Assets
Based on the latest financial reports, ANAX Metals Ltd (ANX) has net assets worth AU$22.46 Million AUD (≈ $15.89 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$45.01 Million ≈ $31.85 Million USD) and total liabilities (AU$22.55 Million ≈ $15.96 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 tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$22.46 Million |
| % of Total Assets | 49.9% |
| Annual Growth Rate | 10.4% |
| 5-Year Change | 29.62% |
| 10-Year Change | 71.13% |
| Growth Volatility | 58.2 |
ANAX Metals Ltd - Net Assets Trend (2004–2025)
This chart illustrates how ANAX Metals Ltd's net assets have evolved over time, based on quarterly financial data. See ANAX Metals Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ANAX Metals Ltd (2004–2025)
The table below shows the annual net assets of ANAX Metals Ltd from 2004 to 2025. For live valuation and market cap data, see market value of ANAX Metals Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$22.04 Million ≈ $15.60 Million |
0.00% |
| 2024-12-31 | AU$22.04 Million ≈ $15.60 Million |
-1.10% |
| 2024-06-30 | AU$22.29 Million ≈ $15.77 Million |
0.00% |
| 2023-12-31 | AU$22.29 Million ≈ $15.77 Million |
+31.07% |
| 2023-06-30 | AU$17.01 Million ≈ $12.03 Million |
0.00% |
| 2022-12-31 | AU$17.01 Million ≈ $12.03 Million |
-9.11% |
| 2022-06-30 | AU$18.71 Million ≈ $13.24 Million |
0.00% |
| 2021-12-31 | AU$18.71 Million ≈ $13.24 Million |
+45.26% |
| 2021-06-30 | AU$12.88 Million ≈ $9.11 Million |
0.00% |
| 2020-12-31 | AU$12.88 Million ≈ $9.11 Million |
+128.93% |
| 2020-06-30 | AU$5.63 Million ≈ $3.98 Million |
0.00% |
| 2019-12-31 | AU$5.63 Million ≈ $3.98 Million |
+115.99% |
| 2019-06-30 | AU$2.61 Million ≈ $1.84 Million |
0.00% |
| 2018-12-31 | AU$2.61 Million ≈ $1.84 Million |
-52.76% |
| 2018-06-30 | AU$5.51 Million ≈ $3.90 Million |
0.00% |
| 2017-12-31 | AU$5.51 Million ≈ $3.90 Million |
-37.99% |
| 2017-06-30 | AU$8.89 Million ≈ $6.29 Million |
0.00% |
| 2016-12-31 | AU$8.89 Million ≈ $6.29 Million |
-8.92% |
| 2016-06-30 | AU$9.76 Million ≈ $6.91 Million |
0.00% |
| 2015-12-31 | AU$9.76 Million ≈ $6.91 Million |
+50.42% |
| 2015-06-30 | AU$6.49 Million ≈ $4.59 Million |
0.00% |
| 2014-12-31 | AU$6.49 Million ≈ $4.59 Million |
-31.19% |
| 2014-06-30 | AU$9.43 Million ≈ $6.68 Million |
0.00% |
| 2013-12-31 | AU$9.43 Million ≈ $6.68 Million |
-20.53% |
| 2013-06-30 | AU$11.87 Million ≈ $8.40 Million |
0.00% |
| 2012-12-31 | AU$11.87 Million ≈ $8.40 Million |
-19.67% |
| 2012-06-30 | AU$14.78 Million ≈ $10.46 Million |
0.00% |
| 2011-12-31 | AU$14.78 Million ≈ $10.46 Million |
-22.24% |
| 2011-06-30 | AU$19.00 Million ≈ $13.45 Million |
0.00% |
| 2010-12-31 | AU$19.00 Million ≈ $13.45 Million |
-20.83% |
| 2010-06-30 | AU$24.00 Million ≈ $16.98 Million |
0.00% |
| 2009-12-31 | AU$24.00 Million ≈ $16.98 Million |
+194.95% |
| 2009-06-30 | AU$8.14 Million ≈ $5.76 Million |
0.00% |
| 2008-12-31 | AU$8.14 Million ≈ $5.76 Million |
-34.63% |
| 2008-06-30 | AU$12.45 Million ≈ $8.81 Million |
0.00% |
| 2007-12-31 | AU$12.45 Million ≈ $8.81 Million |
+52.82% |
| 2007-06-30 | AU$8.15 Million ≈ $5.76 Million |
0.00% |
| 2006-12-31 | AU$8.15 Million ≈ $5.76 Million |
+249.53% |
| 2006-06-30 | AU$2.33 Million ≈ $1.65 Million |
0.00% |
| 2005-12-31 | AU$2.33 Million ≈ $1.65 Million |
-19.65% |
| 2005-06-30 | AU$2.90 Million ≈ $2.05 Million |
0.00% |
| 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 (June 2025)
| 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 |
|---|---|
|
SHH Resources Holdings Bhd
KLSE:7412
|
$29.12 Million |
|
Q/C Technologies, Inc.
NASDAQ:QCLS
|
$29.14 Million |
|
Asian Hotels (East) Limited
NSE:AHLEAST
|
$29.14 Million |
|
Mustang Industrial
TWO:5460
|
$29.17 Million |
|
North Energy ASA
OL:NORTH
|
$29.12 Million |
|
HyosungONBCo.Ltd
KQ:097870
|
$29.11 Million |
|
Primary Health Properties
LSE:PHP
|
$29.11 Million |
|
Smart Logistics Global Limited Ordinary Shares
NASDAQ:SLGB
|
$29.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ANAX Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,044,576 to 22,044,576, a change of 0 (0.0%).
- Net loss of 3,795,815 reduced equity.
- Share repurchases of 2,544,760 reduced equity.
- Other factors increased equity by 6,340,575.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.80 Million | -17.22% |
| Share Repurchases | AU$2.54 Million | -11.54% |
| Other Changes | AU$6.34 Million | +28.76% |
| Total Change | AU$- | 0.00% |
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: 1.16x
- 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 0.45x to 1.16x 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$0.03 | x |
| 2005-06-30 | AU$0.07 | AU$0.03 | x |
| 2005-12-31 | AU$0.05 | AU$0.03 | x |
| 2006-06-30 | AU$0.05 | AU$0.03 | x |
| 2006-12-31 | AU$0.13 | AU$0.03 | x |
| 2007-06-30 | AU$0.13 | AU$0.03 | x |
| 2007-12-31 | AU$0.11 | AU$0.03 | x |
| 2008-06-30 | AU$0.11 | AU$0.03 | x |
| 2008-12-31 | AU$0.07 | AU$0.03 | x |
| 2009-06-30 | AU$0.07 | AU$0.03 | x |
| 2009-12-31 | AU$0.21 | AU$0.03 | x |
| 2010-06-30 | AU$0.21 | AU$0.03 | x |
| 2010-12-31 | AU$0.13 | AU$0.03 | x |
| 2011-06-30 | AU$0.13 | AU$0.03 | x |
| 2011-12-31 | AU$0.11 | AU$0.03 | x |
| 2012-06-30 | AU$0.11 | AU$0.03 | x |
| 2012-12-31 | AU$0.14 | AU$0.03 | x |
| 2013-06-30 | AU$0.14 | AU$0.03 | x |
| 2013-12-31 | AU$0.07 | AU$0.03 | x |
| 2014-06-30 | AU$0.07 | AU$0.03 | x |
| 2014-12-31 | AU$0.05 | AU$0.03 | x |
| 2015-06-30 | AU$0.05 | AU$0.03 | x |
| 2015-12-31 | AU$0.06 | AU$0.03 | x |
| 2016-06-30 | AU$0.06 | AU$0.03 | x |
| 2016-12-31 | AU$0.08 | AU$0.03 | x |
| 2017-06-30 | AU$0.08 | AU$0.03 | x |
| 2017-12-31 | AU$0.05 | AU$0.03 | x |
| 2018-06-30 | AU$0.05 | AU$0.03 | x |
| 2018-12-31 | AU$0.02 | AU$0.03 | x |
| 2019-06-30 | AU$0.02 | AU$0.03 | x |
| 2019-12-31 | AU$0.03 | AU$0.03 | x |
| 2020-06-30 | AU$0.03 | AU$0.03 | x |
| 2020-12-31 | AU$0.04 | AU$0.03 | x |
| 2021-06-30 | AU$0.04 | AU$0.03 | x |
| 2021-12-31 | AU$0.04 | AU$0.03 | x |
| 2022-06-30 | AU$0.04 | AU$0.03 | x |
| 2022-12-31 | AU$0.04 | AU$0.03 | x |
| 2023-06-30 | AU$0.04 | AU$0.03 | x |
| 2023-12-31 | AU$0.04 | AU$0.03 | x |
| 2024-06-30 | AU$0.04 | AU$0.03 | x |
| 2024-12-31 | AU$0.03 | AU$0.03 | x |
| 2025-06-30 | AU$0.03 | AU$0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ANAX Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -17.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1924.17%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.06x
- Recent ROE (-17.22%) is above the historical average (-32.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -32.03% | 0.00% | 0.00x | 1.04x | AU$-1.22 Million |
| 2005 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | -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 | 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 | -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 | -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 | -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 | 34.97% | 4305.59% | 0.01x | 1.04x | AU$1.41 Million |
| 2020 | 1.87% | 0.00% | 0.00x | 2.76x | AU$-1.05 Million |
| 2021 | 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 | 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 | -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 | -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 |
| 2025 | -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: $4,061,480
- Average return on equity (ROE) among peers: -1631.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ANAX Metals Ltd (ANX) | AU$22.46 Million | -32.03% | 1.00x | $29.12 Million |
| Morella Corporation Ltd (1MC) | $26.74 Million | -3.42% | 0.33x | $7.21 Million |
| Amaero Ltd (3DA) | $8.19 Million | -70.52% | 0.51x | $185.35 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $150.34 Million |
| Atlantic Lithium Ltd (A11) | $138.00K | -62.13% | 3.42x | $175.81 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.97 Million | -13.72% | 0.04x | $3.15 Million |
| Audalia Resources Ltd (ACP) | $3.93 Million | -26.01% | 0.91x | $14.69 Million |
| Accent Resources NL (ACS) | $11.92 Million | -12.41% | 0.02x | $13.51 Million |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $3.42 Million |
| Andromeda Metals Ltd (ADN) | $6.91K | -16101.53% | 0.21x | $22.90 Million |
About 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