Alliance Nickel Ltd

AU:AXN Australia Other Industrial Metals & Mining
Market Cap
$18.47 Million
AU$29.83 Million AUD
Market Cap Rank
#28094 Global
#717 in Australia
Share Price
AU$0.04
Change (1 day)
+0.00%
52-Week Range
AU$0.03 - AU$0.05
All Time High
AU$0.19
Categories
Companies in Australia Other Industrial Metals & Mining
About

Alliance Nickel Limited engages in the exploration and development of mineral properties in Australia. The company explores for nickel and cobalt deposits. Its principal property is the 100% owned NiWest nickel cobalt project located at the Murrin Murrin in the Northeastern Goldfields of Western Australia. The company was formerly known as GME Resources Limited and changed its name to Alliance Ni… Read more

Alliance Nickel Ltd (AXN) - Net Assets

Latest net assets as of June 2025: AU$49.82 Million AUD

Based on the latest financial reports, Alliance Nickel Ltd (AXN) has net assets worth AU$49.82 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$55.66 Million) and total liabilities (AU$5.84 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$49.82 Million
% of Total Assets 89.5%
Annual Growth Rate 9.65%
5-Year Change 48.64%
10-Year Change 74.2%
Growth Volatility 55.79

Alliance Nickel Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Alliance Nickel 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 Alliance Nickel Ltd (1989–2025)

The table below shows the annual net assets of Alliance Nickel Ltd from 1989 to 2025.

Year Net Assets Change
2025-06-30 AU$49.82 Million -2.40%
2024-06-30 AU$51.05 Million +1.75%
2023-06-30 AU$50.17 Million +43.95%
2022-06-30 AU$34.85 Million +3.98%
2021-06-30 AU$33.52 Million +4.03%
2020-06-30 AU$32.22 Million -0.73%
2019-06-30 AU$32.45 Million +3.26%
2018-06-30 AU$31.43 Million +2.90%
2017-06-30 AU$30.55 Million +6.81%
2016-06-30 AU$28.60 Million +8.80%
2015-06-30 AU$26.29 Million -25.03%
2014-06-30 AU$35.06 Million +5.51%
2013-06-30 AU$33.23 Million +0.39%
2012-06-30 AU$33.10 Million -1.12%
2011-06-30 AU$33.48 Million +3.14%
2010-06-30 AU$32.46 Million +8.55%
2009-06-30 AU$29.90 Million -2.03%
2008-06-30 AU$30.52 Million +148.24%
2007-06-30 AU$12.30 Million +31.52%
2006-06-30 AU$9.35 Million +16.03%
2005-06-30 AU$8.06 Million +12.40%
2004-06-30 AU$7.17 Million +177.47%
2003-06-30 AU$2.58 Million -42.95%
2002-06-30 AU$4.53 Million -4.02%
2001-06-30 AU$4.72 Million -17.15%
2000-06-30 AU$5.69 Million +23.98%
1999-06-30 AU$4.59 Million -2.11%
1998-06-30 AU$4.69 Million +11.13%
1997-06-30 AU$4.22 Million -13.06%
1996-06-30 AU$4.86 Million +190.13%
1995-06-30 AU$1.67 Million -25.43%
1994-06-30 AU$2.25 Million +137.82%
1993-06-30 AU$944.00K +2.28%
1992-06-30 AU$923.00K -39.95%
1991-06-30 AU$1.54 Million -49.21%
1990-06-30 AU$3.03 Million +67.37%
1989-06-30 AU$1.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to Alliance Nickel 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 2863323600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$78.63 Million 157.83%
Other Comprehensive Income AU$4.22 Million 8.48%
Total Equity AU$49.82 Million 100.00%

Alliance Nickel Ltd Competitors by Market Cap

The table below lists competitors of Alliance Nickel Ltd ranked by their market capitalization.

Company Market Cap
Parkway Corporate Ltd
AU:PWN
 		$11.05 Million
Hansung Ent
KO:003680
 		$11.05 Million
Halcones Precious Metals Corp.
V:HPM
 		$11.05 Million
Skkynet Cloud Systems Inc
OTCQB:SKKY
 		$11.05 Million
Iltani Resources Ltd
AU:ILT
 		$11.05 Million
Vitura SA
F:D2L
 		$11.04 Million
Destini Bhd
KLSE:7212
 		$11.04 Million
Impact Coatings publ AB
ST:IMPC
 		$11.04 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 51,046,414 to 49,819,451, a change of -1,226,963 (-2.4%).
  • Net loss of 2,315,708 reduced equity.
  • Other comprehensive income increased equity by 1,088,745.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-2.32 Million -4.65%
Other Comprehensive Income AU$1.09 Million +2.19%
Total Change AU$- -2.40%

Book Value vs Market Value Analysis

This analysis compares Alliance Nickel 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: 0.58x
  • 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 decreased from 0.75x to 0.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$0.05 AU$0.04 x
1990-06-30 AU$0.10 AU$0.04 x
1991-06-30 AU$0.05 AU$0.04 x
1992-06-30 AU$0.03 AU$0.04 x
1993-06-30 AU$0.03 AU$0.04 x
1994-06-30 AU$0.05 AU$0.04 x
1995-06-30 AU$0.03 AU$0.04 x
1996-06-30 AU$0.07 AU$0.04 x
1997-06-30 AU$0.06 AU$0.04 x
1998-06-30 AU$0.06 AU$0.04 x
1999-06-30 AU$0.04 AU$0.04 x
2000-06-30 AU$0.04 AU$0.04 x
2001-06-30 AU$0.03 AU$0.04 x
2002-06-30 AU$0.03 AU$0.04 x
2003-06-30 AU$0.02 AU$0.04 x
2004-06-30 AU$0.06 AU$0.04 x
2005-06-30 AU$0.04 AU$0.04 x
2006-06-30 AU$0.04 AU$0.04 x
2007-06-30 AU$0.05 AU$0.04 x
2008-06-30 AU$0.11 AU$0.04 x
2009-06-30 AU$0.11 AU$0.04 x
2010-06-30 AU$0.11 AU$0.04 x
2011-06-30 AU$0.10 AU$0.04 x
2012-06-30 AU$0.10 AU$0.04 x
2013-06-30 AU$0.09 AU$0.04 x
2014-06-30 AU$0.09 AU$0.04 x
2015-06-30 AU$0.06 AU$0.04 x
2016-06-30 AU$0.06 AU$0.04 x
2017-06-30 AU$0.06 AU$0.04 x
2018-06-30 AU$0.07 AU$0.04 x
2019-06-30 AU$0.07 AU$0.04 x
2020-06-30 AU$0.06 AU$0.04 x
2021-06-30 AU$0.06 AU$0.04 x
2022-06-30 AU$0.06 AU$0.04 x
2023-06-30 AU$0.08 AU$0.04 x
2024-06-30 AU$0.07 AU$0.04 x
2025-06-30 AU$0.07 AU$0.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alliance Nickel 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): -4.65%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -168.76%
  • • Asset Turnover: 0.02x
  • • Equity Multiplier: 1.12x
  • Recent ROE (-4.65%) is above the historical average (-8.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 -52.85% 0.00% 0.00x 1.16x AU$-1.00 Million
1990 39.72% 0.00% 0.00x 1.01x AU$899.40K
1997 -16.18% 0.00% 0.00x 1.26x AU$-1.11 Million
1998 -23.10% 0.00% 0.00x 1.28x AU$-1.55 Million
1999 -22.18% 0.00% 0.00x 1.32x AU$-1.48 Million
2000 -16.30% 0.00% 0.00x 1.20x AU$-1.50 Million
2001 -20.71% -855.14% 0.02x 1.26x AU$-1.45 Million
2002 -4.20% 0.00% 0.00x 1.30x AU$-642.83K
2003 -78.77% -2608974.36% 0.00x 1.55x AU$-2.29 Million
2004 -6.86% -84974.09% 0.00x 1.10x AU$-1.21 Million
2005 -0.38% -1981.70% 0.00x 1.02x AU$-836.29K
2006 -4.05% -467901.23% 0.00x 1.03x AU$-1.31 Million
2007 -3.29% 0.00% 0.00x 1.09x AU$-1.63 Million
2008 -1.51% 0.00% 0.00x 1.02x AU$-3.51 Million
2009 -2.10% 0.00% 0.00x 1.00x AU$-3.62 Million
2010 -1.96% 0.00% 0.00x 1.00x AU$-3.88 Million
2011 -1.76% -7479.01% 0.00x 1.00x AU$-3.94 Million
2012 -4.21% -1158.90% 0.00x 1.00x AU$-4.70 Million
2013 -2.83% 0.00% 0.00x 1.00x AU$-4.26 Million
2014 1.29% 0.00% 0.00x 1.00x AU$-3.05 Million
2015 -35.85% -468.34% 0.07x 1.02x AU$-12.05 Million
2016 8.09% 51.33% 0.15x 1.05x AU$-546.90K
2017 5.83% 34.23% 0.17x 1.01x AU$-1.27 Million
2018 -3.45% -1084.39% 0.00x 1.02x AU$-4.23 Million
2019 -0.85% -277.00% 0.00x 1.00x AU$-3.52 Million
2020 -0.74% -237.31% 0.00x 1.01x AU$-3.46 Million
2021 -0.55% -93.00% 0.01x 1.00x AU$-3.54 Million
2022 -0.87% -302.00% 0.00x 1.00x AU$-3.79 Million
2023 -7.63% -1678.14% 0.00x 1.05x AU$-8.84 Million
2024 -3.03% -136.18% 0.02x 1.02x AU$-6.65 Million
2025 -4.65% -168.76% 0.02x 1.12x AU$-7.30 Million

Industry Comparison

This section compares Alliance Nickel 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
Alliance Nickel Ltd (AXN) AU$49.82 Million -52.85% 0.12x $11.05 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