Blackstone Minerals Ltd (BSX) - Net Assets

Latest as of June 2025: AU$79.98 Million AUD ≈ $56.59 Million USD

Based on the latest financial reports, Blackstone Minerals Ltd (BSX) has net assets worth AU$79.98 Million AUD (≈ $56.59 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$83.65 Million ≈ $59.19 Million USD) and total liabilities (AU$3.67 Million ≈ $2.60 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. Also explore total assets of Blackstone Minerals Ltd for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$79.98 Million
% of Total Assets	95.61%
Annual Growth Rate	36.64%
5-Year Change	160.43%
10-Year Change	N/A
Growth Volatility	135.31

Blackstone Minerals Ltd - Net Assets Trend (2016–2025)

This chart illustrates how Blackstone Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Check BSX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Blackstone Minerals Ltd (2016–2025)

The table below shows the annual net assets of Blackstone Minerals Ltd from 2016 to 2025. For live valuation and market cap data, see BSX stock market capitalisation.

Year	Net Assets	Change
2025-06-30	AU$79.98 Million ≈ $56.59 Million	+391.92%
2024-06-30	AU$16.26 Million ≈ $11.50 Million	-46.50%
2023-06-30	AU$30.39 Million ≈ $21.50 Million	-52.15%
2022-06-30	AU$63.51 Million ≈ $44.94 Million	+106.82%
2021-06-30	AU$30.71 Million ≈ $21.73 Million	+70.29%
2020-06-30	AU$18.03 Million ≈ $12.76 Million	+71.68%
2019-06-30	AU$10.50 Million ≈ $7.43 Million	-16.59%
2018-06-30	AU$12.59 Million ≈ $8.91 Million	+202.62%
2017-06-30	AU$4.16 Million ≈ $2.94 Million	-13.60%
2016-06-30	AU$4.82 Million ≈ $3.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Blackstone Minerals 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 12898223700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$200.23 Million	237.96%
Other Comprehensive Income	AU$13.47 Million	16.01%
Total Equity	AU$84.14 Million	100.00%

Blackstone Minerals Ltd Competitors by Market Cap

The table below lists competitors of Blackstone Minerals Ltd ranked by their market capitalization.

Company	Market Cap
Parkson Holdings Bhd KLSE:5657	$49.04 Million
Hexza Corporation Bhd KLSE:3298	$49.04 Million
Chia Her Industrial Co Ltd TW:1449	$49.06 Million
Sungchang Hold KO:000180	$49.07 Million
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd SHE:200530	$49.02 Million
Riverview Rubber Estates Bhd KLSE:2542	$49.01 Million
Asian Phytoceuticals Public Company Limited BK:APCO	$49.00 Million
Idex ASA OL:IDEX	$48.99 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 20,057,494 to 84,142,462, a change of 64,084,968 (319.5%).
Net loss of 9,724,527 reduced equity.
Share repurchases of 4,583,930 reduced equity.
Other comprehensive income increased equity by 5,111,227.
Other factors increased equity by 73,282,198.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-9.72 Million	-11.56%
Share Repurchases	AU$4.58 Million	-5.45%
Other Comprehensive Income	AU$5.11 Million	+6.07%
Other Changes	AU$73.28 Million	+87.09%
Total Change	AU$-	319.51%

Book Value vs Market Value Analysis

This analysis compares Blackstone Minerals 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: 0.29x
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 increased from 0.16x to 0.29x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-06-30	AU$0.26	AU$0.04	x
2017-06-30	AU$0.22	AU$0.04	x
2018-06-30	AU$0.18	AU$0.04	x
2019-06-30	AU$0.10	AU$0.04	x
2020-06-30	AU$0.09	AU$0.04	x
2021-06-30	AU$0.08	AU$0.04	x
2022-06-30	AU$0.15	AU$0.04	x
2023-06-30	AU$0.07	AU$0.04	x
2024-06-30	AU$0.04	AU$0.04	x
2025-06-30	AU$0.14	AU$0.04	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Blackstone Minerals 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): -11.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -811.17%
• Asset Turnover: 0.01x
• Equity Multiplier: 0.99x
Recent ROE (-11.56%) is above the historical average (-48.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	-0.75%	0.00%	0.00x	1.00x	AU$-517.93K
2017	-20.79%	-4969.84%	0.00x	1.04x	AU$-1.28 Million
2018	-67.01%	-18160.47%	0.00x	1.08x	AU$-9.70 Million
2019	-39.81%	-33878.17%	0.00x	1.03x	AU$-5.23 Million
2020	-43.51%	-17037.53%	0.00x	1.60x	AU$-9.71 Million
2021	-59.21%	-20557.43%	0.00x	1.35x	AU$-18.56 Million
2022	-50.98%	-88966.57%	0.00x	1.12x	AU$-38.20 Million
2023	-102.02%	-10276.34%	0.01x	1.17x	AU$-35.30 Million
2024	-86.41%	-31209.15%	0.00x	0.96x	AU$-19.34 Million
2025	-11.56%	-811.17%	0.01x	0.99x	AU$-18.14 Million

Industry Comparison

This section compares Blackstone Minerals 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: $9,183,861
Average return on equity (ROE) among peers: -23.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Blackstone Minerals Ltd (BSX)	AU$79.98 Million	-0.75%	0.05x	$49.02 Million
Morella Corporation Ltd (1MC)	$5.31 Million	13.75%	0.52x	$8.94 Million
Amaero Ltd (3DA)	$8.19 Million	-70.52%	0.51x	$161.76 Million
6K Additive Inc (6KA)	$-21.36 Million	0.00%	0.00x	$124.81 Million
Atlantic Lithium Ltd (A11)	$24.70 Million	-53.40%	0.06x	$170.13 Million
African Gold Ltd (A1G)	$11.13 Million	-22.75%	0.07x	$419.02 Million
Albright Metals Ltd (ABR)	$11.82 Million	-15.47%	0.06x	$2.63 Million
Audalia Resources Ltd (ACP)	$3.12 Million	-36.11%	3.67x	$14.99 Million
Accent Resources NL (ACS)	$21.22 Million	-3.37%	0.01x	$4.16 Million
Acdc Metals Ltd (ADC)	$11.06 Million	-10.14%	0.02x	$3.13 Million
Andromeda Metals Ltd (ADN)	$16.64 Million	-38.98%	0.03x	$22.90 Million

About Blackstone Minerals Ltd

AU:BSX Australia Other Industrial Metals & Mining

Market Cap

$49.02 Million

AU$69.28 Million AUD

Market Cap Rank

#21947 Global

#774 in Australia

Share Price

AU$0.04

Change (1 day)

+5.13%

52-Week Range

AU$0.03 - AU$0.09

All Time High

AU$0.77