Australian Strategic Materials Ltd (ASM) - Net Assets

Latest as of December 2025: AU$241.06 Million AUD ≈ $170.57 Million USD

Based on the latest financial reports, Australian Strategic Materials Ltd (ASM) has net assets worth AU$241.06 Million AUD (≈ $170.57 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$279.07 Million ≈ $197.46 Million USD) and total liabilities (AU$38.00 Million ≈ $26.89 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 tangible equity quality of Australian Strategic Materials Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$241.06 Million
% of Total Assets	86.38%
Annual Growth Rate	23.17%
5-Year Change	-10.43%
10-Year Change	N/A
Growth Volatility	39.73

Australian Strategic Materials Ltd - Net Assets Trend (2017–2025)

This chart illustrates how Australian Strategic Materials Ltd's net assets have evolved over time, based on quarterly financial data. See ASM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Australian Strategic Materials Ltd (2017–2025)

The table below shows the annual net assets of Australian Strategic Materials Ltd from 2017 to 2025. For live valuation and market cap data, see ASM stock market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$181.47 Million ≈ $128.40 Million	-11.30%
2024-06-30	AU$204.59 Million ≈ $144.76 Million	-5.26%
2023-06-30	AU$215.96 Million ≈ $152.81 Million	+8.14%
2022-06-30	AU$199.70 Million ≈ $141.30 Million	-1.44%
2021-06-30	AU$202.60 Million ≈ $143.36 Million	+4358.20%
2020-06-30	AU$-4.76 Million ≈ $-3.37 Million	-116.96%
2019-06-30	AU$28.06 Million ≈ $19.85 Million	-10.37%
2018-06-30	AU$31.30 Million ≈ $22.15 Million	-8.63%
2017-06-30	AU$34.26 Million ≈ $24.24 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Australian Strategic Materials 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 11151491000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$281.35 Million	155.07%
Other Comprehensive Income	AU$5.89 Million	3.25%
Other Components	AU$11.32 Million	6.24%
Total Equity	AU$181.44 Million	100.00%

Australian Strategic Materials Ltd Competitors by Market Cap

The table below lists competitors of Australian Strategic Materials Ltd ranked by their market capitalization.

Company	Market Cap
Synopex Inc KQ:025320	$296.17 Million
AerSale Corp NASDAQ:ASLE	$296.28 Million
Anhui Huangshan Capsule Co Ltd SHE:002817	$296.31 Million
Goodrx Holdings Inc NASDAQ:GDRX	$296.37 Million
Dropsuite Ltd AU:DSE	$295.92 Million
Nano Dimension Ltd F:2N5B	$295.80 Million
Eagle Nuclear Energy Corp. Common stock NASDAQ:NUCL	$295.79 Million
China Glaze Co Ltd TW:1809	$295.77 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Australian Strategic Materials Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 204,576,000 to 181,438,000, a change of -23,138,000 (-11.3%).
Net loss of 24,569,000 reduced equity.
Share repurchases of 136,000 reduced equity.
Other comprehensive income increased equity by 1,542,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-24.57 Million	-13.54%
Share Repurchases	AU$136.00K	-0.07%
Other Comprehensive Income	AU$1.54 Million	+0.85%
Other Changes	AU$24.00K	+0.01%
Total Change	AU$-	-11.31%

Book Value vs Market Value Analysis

This analysis compares Australian Strategic Materials 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: 1.54x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 5.36x to 1.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-06-30	AU$0.29	AU$1.54	x
2018-06-30	AU$0.26	AU$1.54	x
2019-06-30	AU$0.24	AU$1.54	x
2020-06-30	AU$-0.04	AU$1.54	x
2021-06-30	AU$1.77	AU$1.54	x
2022-06-30	AU$1.43	AU$1.54	x
2023-06-30	AU$1.37	AU$1.54	x
2024-06-30	AU$1.21	AU$1.54	x
2025-06-30	AU$1.00	AU$1.54	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Australian Strategic Materials 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): -13.54%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -482.79%
• Asset Turnover: 0.02x
• Equity Multiplier: 1.25x
Recent ROE (-13.54%) is below the historical average (-8.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2017	-3.75%	-256.35%	0.00x	3.97x	AU$-4.71 Million
2018	-9.44%	-236.74%	0.01x	4.39x	AU$-6.09 Million
2019	-11.58%	-242.23%	0.01x	5.12x	AU$-6.05 Million
2020	0.00%	-309.72%	0.01x	0.00x	AU$-3.79 Million
2021	-0.39%	-56.86%	0.01x	1.13x	AU$-21.04 Million
2022	-12.16%	-1298.13%	0.01x	1.26x	AU$-44.24 Million
2023	-12.17%	-591.58%	0.02x	1.24x	AU$-47.86 Million
2024	-12.29%	-809.63%	0.01x	1.27x	AU$-45.60 Million
2025	-13.54%	-482.79%	0.02x	1.25x	AU$-42.71 Million

Industry Comparison

This section compares Australian Strategic Materials 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: $9,581,720
Average return on equity (ROE) among peers: -20.69%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Australian Strategic Materials Ltd (ASM)	AU$241.06 Million	-3.75%	0.16x	$296.09 Million
Morella Corporation Ltd (1MC)	$16.53 Million	-35.29%	0.29x	$7.50 Million
Amaero Ltd (3DA)	$29.43 Million	-63.84%	0.70x	$222.42 Million
6K Additive Inc (6KA)	$-21.36 Million	0.00%	0.00x	$122.92 Million
Atlantic Lithium Ltd (A11)	$17.88 Million	-11.40%	0.02x	$178.64 Million
African Gold Ltd (A1G)	$3.82 Million	-35.85%	0.08x	$419.02 Million
Albright Metals Ltd (ABR)	$11.82 Million	-15.47%	0.06x	$3.15 Million
Audalia Resources Ltd (ACP)	$4.74 Million	-13.01%	1.32x	$14.69 Million
Accent Resources NL (ACS)	$18.57 Million	-14.31%	0.01x	$17.32 Million
Acdc Metals Ltd (ADC)	$10.13 Million	-6.86%	0.04x	$3.11 Million
Andromeda Metals Ltd (ADN)	$4.27 Million	-10.89%	0.04x	$26.17 Million

About Australian Strategic Materials Ltd

AU:ASM Australia Other Industrial Metals & Mining

Market Cap

$296.09 Million

AU$418.47 Million AUD

Market Cap Rank

#15048 Global

#410 in Australia

Share Price

AU$1.54

Change (1 day)

+7.32%

52-Week Range

AU$0.51 - AU$2.00

All Time High

AU$14.09