Brightstar Resources Ltd
Brightstar Resources Limited, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Australia. It holds 100% interest in the Laverton, Sandstone, and Menzies hubs located in Western Australia. The company was formerly known as Stone Resources Australia Limited and changed its name to Brightstar Resources Limited in December 2020. Brightstar Reso… Read more
Brightstar Resources Ltd (BTR) - Net Assets
Latest net assets as of June 2025: AU$146.17 Million AUD
Based on the latest financial reports, Brightstar Resources Ltd (BTR) has net assets worth AU$146.17 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$220.22 Million) and total liabilities (AU$74.05 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$146.17 Million |
| % of Total Assets | 66.38% |
| Annual Growth Rate | 15.74% |
| 5-Year Change | 6163.0% |
| 10-Year Change | N/A |
| Growth Volatility | 164.88 |
Brightstar Resources Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Brightstar Resources 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 Brightstar Resources Ltd (2003–2025)
The table below shows the annual net assets of Brightstar Resources Ltd from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$146.17 Million | +111.59% |
| 2024-06-30 | AU$69.08 Million | +106.69% |
| 2023-06-30 | AU$33.42 Million | +618.89% |
| 2022-06-30 | AU$4.65 Million | +99.21% |
| 2021-06-30 | AU$2.33 Million | +104.68% |
| 2020-06-30 | AU$-49.92 Million | -15.06% |
| 2019-06-30 | AU$-43.39 Million | -10.31% |
| 2018-06-30 | AU$-39.33 Million | -12.14% |
| 2017-06-30 | AU$-35.07 Million | -37.89% |
| 2016-06-30 | AU$-25.44 Million | -20.95% |
| 2015-06-30 | AU$-21.03 Million | -32.95% |
| 2014-06-30 | AU$-15.82 Million | -456.49% |
| 2013-06-30 | AU$-2.84 Million | -123.80% |
| 2012-06-30 | AU$11.94 Million | +10.60% |
| 2011-06-30 | AU$10.80 Million | -58.96% |
| 2010-06-30 | AU$26.31 Million | +56.33% |
| 2009-06-30 | AU$16.83 Million | -8.87% |
| 2008-06-30 | AU$18.47 Million | +12.64% |
| 2007-06-30 | AU$16.39 Million | +50.48% |
| 2006-06-30 | AU$10.89 Million | +53.23% |
| 2005-06-30 | AU$7.11 Million | +25.61% |
| 2004-06-30 | AU$5.66 Million | -3.49% |
| 2003-06-30 | AU$5.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brightstar Resources 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 11943600400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$255.01 Million | 174.46% |
| Other Comprehensive Income | AU$10.69 Million | 7.31% |
| Total Equity | AU$146.17 Million | 100.00% |
Brightstar Resources Ltd Competitors by Market Cap
The table below lists competitors of Brightstar Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
lastminute.com N.V
PINK:LSMNF
|
$126.49 Million |
|
Carbios
PA:ALCRB
|
$126.57 Million |
|
Rezolve AI Limited Warrants
NASDAQ:RZLVW
|
$126.58 Million |
|
Clasquin
PA:ALCLA
|
$126.60 Million |
|
Smec Co.Ltd
KQ:099440
|
$126.45 Million |
|
Hangzhou TianMuShan Pharmaceutical Enterprise Co Ltd
SHG:600671
|
$126.36 Million |
|
Becamex Infrastructure Development JSC
VN:IJC
|
$126.35 Million |
|
Hooker Furniture Corporation
NASDAQ:HOFT
|
$126.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brightstar Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 69,083,766 to 146,172,000, a change of 77,088,234 (111.6%).
- Net loss of 46,068,000 reduced equity.
- Other comprehensive income increased equity by 1,148,274.
- Other factors increased equity by 122,007,960.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-46.07 Million | -31.52% |
| Other Comprehensive Income | AU$1.15 Million | +0.79% |
| Other Changes | AU$122.01 Million | +83.47% |
| Total Change | AU$- | 111.59% |
Book Value vs Market Value Analysis
This analysis compares Brightstar Resources 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: 1.10x
- 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 3.09x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | AU$0.14 | AU$0.44 | x |
| 2004-06-30 | AU$0.19 | AU$0.44 | x |
| 2005-06-30 | AU$0.16 | AU$0.44 | x |
| 2006-06-30 | AU$0.20 | AU$0.44 | x |
| 2007-06-30 | AU$0.22 | AU$0.44 | x |
| 2008-06-30 | AU$0.20 | AU$0.44 | x |
| 2009-06-30 | AU$0.16 | AU$0.44 | x |
| 2010-06-30 | AU$0.14 | AU$0.44 | x |
| 2011-06-30 | AU$0.05 | AU$0.44 | x |
| 2012-06-30 | AU$0.02 | AU$0.44 | x |
| 2013-06-30 | AU$0.00 | AU$0.44 | x |
| 2014-06-30 | AU$-0.02 | AU$0.44 | x |
| 2015-06-30 | AU$-0.03 | AU$0.44 | x |
| 2016-06-30 | AU$-0.04 | AU$0.44 | x |
| 2017-06-30 | AU$-0.05 | AU$0.44 | x |
| 2018-06-30 | AU$-0.05 | AU$0.44 | x |
| 2019-06-30 | AU$-0.05 | AU$0.44 | x |
| 2020-06-30 | AU$-0.06 | AU$0.44 | x |
| 2021-06-30 | AU$0.00 | AU$0.44 | x |
| 2022-06-30 | AU$0.01 | AU$0.44 | x |
| 2023-06-30 | AU$0.04 | AU$0.44 | x |
| 2024-06-30 | AU$0.04 | AU$0.44 | x |
| 2025-06-30 | AU$0.40 | AU$0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brightstar Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -31.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -137.48%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.51x
- Recent ROE (-31.52%) is below the historical average (97.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -5.61% | 0.00% | 0.00x | 1.04x | AU$-883.48K |
| 2005 | -6.50% | 0.00% | 0.00x | 1.03x | AU$-1.17 Million |
| 2006 | 3.82% | 0.00% | 0.00x | 1.06x | AU$-673.37K |
| 2007 | -2.13% | 0.00% | 0.00x | 1.01x | AU$-1.99 Million |
| 2008 | -4.08% | 0.00% | 0.00x | 1.02x | AU$-2.60 Million |
| 2009 | -25.45% | 0.00% | 0.00x | 1.06x | AU$-5.97 Million |
| 2010 | -22.43% | -222.09% | 0.07x | 1.35x | AU$-8.53 Million |
| 2011 | -156.75% | -87.10% | 0.62x | 2.90x | AU$-18.00 Million |
| 2012 | -103.85% | -113.18% | 0.41x | 2.24x | AU$-13.60 Million |
| 2013 | 0.00% | -1775.22% | 0.04x | 0.00x | AU$-15.44 Million |
| 2014 | 0.00% | -30051.65% | 0.00x | 0.00x | AU$-11.39 Million |
| 2015 | 0.00% | -25739.54% | 0.00x | 0.00x | AU$-3.11 Million |
| 2016 | 0.00% | -75726.32% | 0.00x | 0.00x | AU$-1.86 Million |
| 2017 | 0.00% | -1549710.98% | 0.00x | 0.00x | AU$-7.22 Million |
| 2018 | 0.00% | -3748.20% | 0.01x | 0.00x | AU$-1.22 Million |
| 2019 | 0.00% | -16081.55% | 0.00x | 0.00x | AU$197.66K |
| 2020 | 0.00% | -2124.38% | 0.02x | 0.00x | AU$-1.63 Million |
| 2021 | 2594.46% | 63032.32% | 0.01x | 4.63x | AU$60.32 Million |
| 2022 | -84.96% | -1012820.51% | 0.00x | 3.23x | AU$-4.41 Million |
| 2023 | 5.82% | 21084.60% | 0.00x | 1.18x | AU$-1.40 Million |
| 2024 | -9.25% | -606.45% | 0.01x | 1.59x | AU$-13.30 Million |
| 2025 | -31.52% | -137.48% | 0.15x | 1.51x | AU$-60.69 Million |
Industry Comparison
This section compares Brightstar Resources Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brightstar Resources Ltd (BTR) | AU$146.17 Million | -5.61% | 0.51x | $126.48 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |