Bluglass Ltd (BLG) - Net Assets
Based on the latest financial reports, Bluglass Ltd (BLG) has net assets worth AU$7.15 Million AUD (≈ $5.06 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$16.84 Million ≈ $11.92 Million USD) and total liabilities (AU$9.69 Million ≈ $6.85 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 asset resilience ratio of Bluglass Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$7.15 Million |
| % of Total Assets | 42.48% |
| Annual Growth Rate | 9.75% |
| 5-Year Change | 54.36% |
| 10-Year Change | -18.58% |
| Growth Volatility | 265.92 |
Bluglass Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Bluglass Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Bluglass Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Bluglass Ltd (2006–2025)
The table below shows the annual net assets of Bluglass Ltd from 2006 to 2025. For live valuation and market cap data, see market value of Bluglass Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$11.59 Million ≈ $8.20 Million |
-22.13% |
| 2024-06-30 | AU$14.89 Million ≈ $10.53 Million |
+7.19% |
| 2023-06-30 | AU$13.89 Million ≈ $9.83 Million |
+5.04% |
| 2022-06-30 | AU$13.22 Million ≈ $9.35 Million |
+76.05% |
| 2021-06-30 | AU$7.51 Million ≈ $5.31 Million |
-39.41% |
| 2020-06-30 | AU$12.39 Million ≈ $8.77 Million |
+6.44% |
| 2019-06-30 | AU$11.64 Million ≈ $8.24 Million |
-54.14% |
| 2018-06-30 | AU$25.39 Million ≈ $17.96 Million |
+35.76% |
| 2017-06-30 | AU$18.70 Million ≈ $13.23 Million |
+31.36% |
| 2016-06-30 | AU$14.24 Million ≈ $10.07 Million |
+2.04% |
| 2015-06-30 | AU$13.95 Million ≈ $9.87 Million |
-5.72% |
| 2014-06-30 | AU$14.80 Million ≈ $10.47 Million |
-13.59% |
| 2013-06-30 | AU$17.13 Million ≈ $12.12 Million |
+28.46% |
| 2012-06-30 | AU$13.33 Million ≈ $9.43 Million |
-19.75% |
| 2011-06-30 | AU$16.61 Million ≈ $11.75 Million |
+10.09% |
| 2010-06-30 | AU$15.09 Million ≈ $10.68 Million |
-5.69% |
| 2009-06-30 | AU$16.00 Million ≈ $11.32 Million |
-32.22% |
| 2008-06-30 | AU$23.61 Million ≈ $16.70 Million |
-7.14% |
| 2007-06-30 | AU$25.42 Million ≈ $17.99 Million |
+1184.00% |
| 2006-06-30 | AU$1.98 Million ≈ $1.40 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bluglass 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 10903397900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$120.08 Million | 1035.92% |
| Other Comprehensive Income | AU$549.03K | 4.74% |
| Total Equity | AU$11.59 Million | 100.00% |
Bluglass Ltd Competitors by Market Cap
The table below lists competitors of Bluglass Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
K-One Technology Bhd
KLSE:0111
|
$21.93 Million |
|
Integrum AB Series B
ST:INTEG-B
|
$21.96 Million |
|
Sikko Industries Limited
NSE:SIKKO
|
$21.97 Million |
|
UTStarcom Holdings Corp
NASDAQ:UTSI
|
$21.97 Million |
|
Alpha Group International plc
LSE:ALPH
|
$21.92 Million |
|
JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares
NASDAQ:ZJYL
|
$21.92 Million |
|
SUNDRAGON S.A. ZY-1
F:6EI
|
$21.92 Million |
|
Fancamp Exploration Ltd.
V:FNC
|
$21.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bluglass Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,886,073 to 11,591,285, a change of -3,294,788 (-22.1%).
- Net loss of 10,977,894 reduced equity.
- Share repurchases of 7,451,690 reduced equity.
- Other comprehensive income increased equity by 190,028.
- Other factors increased equity by 14,944,768.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-10.98 Million | -94.71% |
| Share Repurchases | AU$7.45 Million | -64.29% |
| Other Comprehensive Income | AU$190.03K | +1.64% |
| Other Changes | AU$14.94 Million | +128.93% |
| Total Change | AU$- | -22.13% |
Book Value vs Market Value Analysis
This analysis compares Bluglass 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: 1.90x
- 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 0.08x to 1.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$3.05 | AU$0.24 | x |
| 2008-06-30 | AU$2.38 | AU$0.24 | x |
| 2009-06-30 | AU$1.60 | AU$0.24 | x |
| 2010-06-30 | AU$1.33 | AU$0.24 | x |
| 2011-06-30 | AU$1.17 | AU$0.24 | x |
| 2012-06-30 | AU$0.90 | AU$0.24 | x |
| 2013-06-30 | AU$1.07 | AU$0.24 | x |
| 2014-06-30 | AU$0.86 | AU$0.24 | x |
| 2015-06-30 | AU$0.80 | AU$0.24 | x |
| 2016-06-30 | AU$0.72 | AU$0.24 | x |
| 2017-06-30 | AU$1.00 | AU$0.24 | x |
| 2018-06-30 | AU$1.30 | AU$0.24 | x |
| 2019-06-30 | AU$0.46 | AU$0.24 | x |
| 2020-06-30 | AU$0.49 | AU$0.24 | x |
| 2021-06-30 | AU$0.01 | AU$0.24 | x |
| 2022-06-30 | AU$0.01 | AU$0.24 | x |
| 2023-06-30 | AU$0.20 | AU$0.24 | x |
| 2024-06-30 | AU$0.18 | AU$0.24 | x |
| 2025-06-30 | AU$0.12 | AU$0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bluglass Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -94.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -201.39%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.06x
- Recent ROE (-94.71%) is below the historical average (-44.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -8.82% | -211.43% | 0.04x | 1.03x | AU$-4.78 Million |
| 2008 | -11.38% | -264715.96% | 0.00x | 1.03x | AU$-5.05 Million |
| 2009 | -52.77% | -4285.93% | 0.01x | 1.03x | AU$-10.04 Million |
| 2010 | -35.45% | -5094.02% | 0.01x | 1.11x | AU$-6.86 Million |
| 2011 | -26.29% | -1837.28% | 0.01x | 1.28x | AU$-5.76 Million |
| 2012 | -25.02% | -1199.00% | 0.02x | 1.09x | AU$-4.53 Million |
| 2013 | -9.79% | -930.93% | 0.01x | 1.04x | AU$-3.39 Million |
| 2014 | -19.58% | -601.60% | 0.03x | 1.06x | AU$-4.38 Million |
| 2015 | -22.82% | -962.47% | 0.02x | 1.06x | AU$-4.58 Million |
| 2016 | -24.08% | -1075.90% | 0.02x | 1.06x | AU$-4.85 Million |
| 2017 | -19.57% | -534.50% | 0.03x | 1.06x | AU$-5.53 Million |
| 2018 | -15.13% | -537.98% | 0.03x | 1.05x | AU$-6.38 Million |
| 2019 | -123.85% | -3396.68% | 0.03x | 1.20x | AU$-15.59 Million |
| 2020 | -48.37% | -913.97% | 0.04x | 1.33x | AU$-7.23 Million |
| 2021 | -83.87% | -1732.35% | 0.03x | 1.81x | AU$-7.05 Million |
| 2022 | -70.77% | -1547.01% | 0.03x | 1.55x | AU$-10.68 Million |
| 2023 | -84.62% | -1025.20% | 0.05x | 1.56x | AU$-13.14 Million |
| 2024 | -68.11% | -219.53% | 0.20x | 1.55x | AU$-11.63 Million |
| 2025 | -94.71% | -201.39% | 0.23x | 2.06x | AU$-12.14 Million |
Industry Comparison
This section compares Bluglass Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
No peer company data available for comparison.
About Bluglass Ltd
BluGlass Limited, together with its subsidiaries, provides semiconductor manufacturing technology and devices for biotech, defense, display, and scientific markets in Australia and the United States. It develops and commercializes remote plasma chemical vapor deposition, a patented low temperature technology for manufacturing gallium nitride lasers, as well as provides foundry services. The compa… Read more