Belararox Ltd
Belararox Limited engages in the exploration and development of mineral resource projects in Australia. The company explores for zinc, lithium, copper, gold, silver, nickel, and lead deposits. Its flagship project is the Toro-Malambo-Tambo project covering 32,000 hectares located in San Juan province in Argentina. The company was incorporated in 2021 and is based in Perth, Australia.
Belararox Ltd (BRX) - Net Assets
Latest net assets as of June 2025: AU$27.14 Million AUD
Based on the latest financial reports, Belararox Ltd (BRX) has net assets worth AU$27.14 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$30.89 Million) and total liabilities (AU$3.75 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$27.14 Million |
| % of Total Assets | 87.87% |
| Annual Growth Rate | 159.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 226.01 |
Belararox Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Belararox 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 Belararox Ltd (2021–2025)
The table below shows the annual net assets of Belararox Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$27.14 Million | +105.44% |
| 2024-06-30 | AU$13.21 Million | +16.19% |
| 2023-06-30 | AU$11.37 Million | +170.77% |
| 2022-06-30 | AU$4.20 Million | +603.79% |
| 2021-06-30 | AU$596.65K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Belararox 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 1395487600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$34.16 Million | 125.87% |
| Other Comprehensive Income | AU$7.05 Million | 25.99% |
| Total Equity | AU$27.14 Million | 100.00% |
Belararox Ltd Competitors by Market Cap
The table below lists competitors of Belararox Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indowind Energy Limited
NSE:INDOWIND
|
$7.10 Million |
|
DCM Nouvelle Limited
NSE:DCMNVL
|
$7.11 Million |
|
Scientific Energy Inc
PINK:SCGY
|
$7.11 Million |
|
Macau Legend Development Limited
PINK:MALDF
|
$7.11 Million |
|
Agricore CS Holdings Berhad
KLSE:0309
|
$7.09 Million |
|
Ekopak BV
BR:EKOP
|
$7.09 Million |
|
Straits Inter Logistics Bhd
KLSE:0080
|
$7.08 Million |
|
UCAL Limited
NSE:UCAL
|
$7.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Belararox Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,210,916 to 27,140,401, a change of 13,929,485 (105.4%).
- Net loss of 5,331,224 reduced equity.
- Share repurchases of 15,700,000 reduced equity.
- Other comprehensive income increased equity by 2,036,952.
- Other factors increased equity by 32,923,757.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-5.33 Million | -19.64% |
| Share Repurchases | AU$15.70 Million | -57.85% |
| Other Comprehensive Income | AU$2.04 Million | +7.51% |
| Other Changes | AU$32.92 Million | +121.31% |
| Total Change | AU$- | 105.44% |
Book Value vs Market Value Analysis
This analysis compares Belararox 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: 0.48x
- 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 7.21x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.01 | AU$0.10 | x |
| 2022-06-30 | AU$0.09 | AU$0.10 | x |
| 2023-06-30 | AU$0.21 | AU$0.10 | x |
| 2024-06-30 | AU$0.15 | AU$0.10 | x |
| 2025-06-30 | AU$0.21 | AU$0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Belararox Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -19.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3035.66%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.14x
- Recent ROE (-19.64%) is above the historical average (-31.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -20.21% | 0.00% | 0.00x | 1.17x | AU$-180.27K |
| 2022 | -73.19% | 0.00% | 0.00x | 1.26x | AU$-3.49 Million |
| 2023 | -17.46% | 0.00% | 0.00x | 1.32x | AU$-3.12 Million |
| 2024 | -26.99% | -30292.42% | 0.00x | 1.31x | AU$-4.89 Million |
| 2025 | -19.64% | -3035.66% | 0.01x | 1.14x | AU$-8.05 Million |
Industry Comparison
This section compares Belararox Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $113,835,527
- Average return on equity (ROE) among peers: -62.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Belararox Ltd (BRX) | AU$27.14 Million | -20.21% | 0.14x | $7.09 Million |
| 29METALS Ltd (29M) | $769.54 Million | 15.73% | 0.71x | $171.73 Million |
| Aic Mines Ltd (A1M) | $8.72 Million | -78.07% | 0.14x | $147.29 Million |
| Australian Critical Minerals Ltd (ACM) | $-14.00K | 0.00% | 0.00x | $1.43 Million |
| Alvo Minerals Ltd (ALV) | $3.02 Million | -198.12% | 0.08x | $2.34 Million |
| Alicanto Minerals Ltd (AQI) | $4.78 Million | -147.27% | 0.13x | $43.93 Million |
| Askari Metals Ltd (AS2) | $11.00 Million | -56.43% | 0.12x | $2.21 Million |
| Altitude Minerals Ltd (ATT) | $4.14 Million | -122.29% | 0.15x | $2.59 Million |
| Avira Resources Ltd (AVW) | $7.03 Million | -32.56% | 0.54x | $1.27 Million |
| Antipa Minerals Ltd (AZY) | $98.25 Million | -5.44% | 0.06x | $209.72 Million |
| Burgundy Diamond Mines Ltd (BDM) | $231.89 Million | -0.88% | 3.22x | $10.17 Million |