Centrex Ltd (CXM) - Net Assets
Based on the latest financial reports, Centrex Ltd (CXM) has net assets worth AU$20.79 Million AUD (≈ $14.71 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$54.88 Million ≈ $38.83 Million USD) and total liabilities (AU$34.09 Million ≈ $24.12 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 Centrex Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$20.79 Million |
| % of Total Assets | 37.88% |
| Annual Growth Rate | 30.2% |
| 5-Year Change | 63.72% |
| 10-Year Change | -46.99% |
| Growth Volatility | 1972.05 |
Centrex Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Centrex Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Centrex Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Centrex Ltd (2004–2024)
The table below shows the annual net assets of Centrex Ltd from 2004 to 2024. For live valuation and market cap data, see CXM market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | AU$20.79 Million ≈ $14.71 Million |
-16.26% |
| 2023-06-30 | AU$24.82 Million ≈ $17.57 Million |
-21.68% |
| 2022-06-30 | AU$31.70 Million ≈ $22.43 Million |
+180.87% |
| 2021-06-30 | AU$11.29 Million ≈ $7.98 Million |
-11.13% |
| 2020-06-30 | AU$12.70 Million ≈ $8.98 Million |
-60.82% |
| 2019-06-30 | AU$32.41 Million ≈ $22.93 Million |
-3.68% |
| 2018-06-30 | AU$33.65 Million ≈ $23.81 Million |
-3.17% |
| 2017-06-30 | AU$34.75 Million ≈ $24.59 Million |
+1.43% |
| 2016-06-30 | AU$34.26 Million ≈ $24.24 Million |
-12.64% |
| 2015-06-30 | AU$39.22 Million ≈ $27.75 Million |
-27.36% |
| 2014-06-30 | AU$53.99 Million ≈ $38.20 Million |
-23.06% |
| 2013-06-30 | AU$70.17 Million ≈ $49.65 Million |
-16.98% |
| 2012-06-30 | AU$84.52 Million ≈ $59.80 Million |
+1.05% |
| 2011-06-30 | AU$83.64 Million ≈ $59.18 Million |
+139.24% |
| 2010-06-30 | AU$34.96 Million ≈ $24.74 Million |
+29.12% |
| 2009-06-30 | AU$27.07 Million ≈ $19.16 Million |
-0.29% |
| 2008-06-30 | AU$27.15 Million ≈ $19.21 Million |
+147.68% |
| 2007-06-30 | AU$10.96 Million ≈ $7.76 Million |
+1579.91% |
| 2006-06-30 | AU$-740.82K ≈ $-524.18K |
-107.82% |
| 2005-06-30 | AU$9.47 Million ≈ $6.70 Million |
+8836.92% |
| 2004-06-30 | AU$106.00K ≈ $75.00K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Centrex 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 67427.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$90.13 Million | 433.54% |
| Other Comprehensive Income | AU$2.70 Million | 12.99% |
| Total Equity | AU$20.79 Million | 100.00% |
Centrex Ltd Competitors by Market Cap
The table below lists competitors of Centrex Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saga plc
LSE:SAGA
|
$10.44 Million |
|
Pertama Digital Berhad
KLSE:8532
|
$10.45 Million |
|
Scottish American Investment Co
LSE:SAIN
|
$10.45 Million |
|
Together Startup Network Ltd
TA:TGTR
|
$10.46 Million |
|
MISSION GROUP PLC LS -10
F:M7K
|
$10.43 Million |
|
Origin Agritech Limited
STU:39O1
|
$10.43 Million |
|
mVISE AG
XETRA:C1V
|
$10.43 Million |
|
EURO MANGANESE CDI/1
F:E06A
|
$10.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Centrex Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,825,000 to 20,789,000, a change of -4,036,000 (-16.3%).
- Net loss of 19,323,000 reduced equity.
- Share repurchases of 883,000 reduced equity.
- New share issuances of 14,976,000 increased equity.
- Other comprehensive income decreased equity by 9,508,000.
- Other factors increased equity by 10,702,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-19.32 Million | -92.95% |
| Share Repurchases | AU$883.00K | -4.25% |
| Share Issuances | AU$14.98 Million | +72.04% |
| Other Comprehensive Income | AU$-9.51 Million | -45.74% |
| Other Changes | AU$10.70 Million | +51.48% |
| Total Change | AU$- | -16.26% |
Book Value vs Market Value Analysis
This analysis compares Centrex 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: 0.60x
- 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 0.37x to 0.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | AU$0.05 | AU$0.02 | x |
| 2006-06-30 | AU$0.00 | AU$0.02 | x |
| 2007-06-30 | AU$0.05 | AU$0.02 | x |
| 2008-06-30 | AU$0.11 | AU$0.02 | x |
| 2009-06-30 | AU$0.09 | AU$0.02 | x |
| 2010-06-30 | AU$0.11 | AU$0.02 | x |
| 2011-06-30 | AU$0.24 | AU$0.02 | x |
| 2012-06-30 | AU$0.24 | AU$0.02 | x |
| 2013-06-30 | AU$0.20 | AU$0.02 | x |
| 2014-06-30 | AU$0.15 | AU$0.02 | x |
| 2015-06-30 | AU$0.11 | AU$0.02 | x |
| 2016-06-30 | AU$0.10 | AU$0.02 | x |
| 2017-06-30 | AU$0.10 | AU$0.02 | x |
| 2018-06-30 | AU$0.09 | AU$0.02 | x |
| 2019-06-30 | AU$0.09 | AU$0.02 | x |
| 2020-06-30 | AU$0.04 | AU$0.02 | x |
| 2021-06-30 | AU$0.03 | AU$0.02 | x |
| 2022-06-30 | AU$0.07 | AU$0.02 | x |
| 2023-06-30 | AU$0.04 | AU$0.02 | x |
| 2024-06-30 | AU$0.03 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Centrex Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -92.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -63.04%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.64x
- Recent ROE (-92.95%) is below the historical average (-21.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-558.92K |
| 2007 | -5.99% | 0.00% | 0.00x | 1.03x | AU$-1.75 Million |
| 2008 | -4.59% | 0.00% | 0.00x | 1.03x | AU$-3.96 Million |
| 2009 | -8.06% | 0.00% | 0.00x | 1.02x | AU$-4.89 Million |
| 2010 | -5.25% | 0.00% | 0.00x | 1.06x | AU$-5.33 Million |
| 2011 | 56.83% | 0.00% | 0.00x | 1.29x | AU$39.17 Million |
| 2012 | 0.80% | 0.00% | 0.00x | 1.07x | AU$-7.78 Million |
| 2013 | 1.43% | 0.00% | 0.00x | 1.08x | AU$-6.01 Million |
| 2014 | -1.36% | 0.00% | 0.00x | 1.11x | AU$-6.13 Million |
| 2015 | -37.79% | -12558.04% | 0.00x | 1.02x | AU$-18.74 Million |
| 2016 | -14.55% | -8282.68% | 0.00x | 1.02x | AU$-8.41 Million |
| 2017 | 1.41% | 75.39% | 0.02x | 1.02x | AU$-2.99 Million |
| 2018 | -3.39% | -233.47% | 0.01x | 1.04x | AU$-4.51 Million |
| 2019 | -4.27% | -3218.60% | 0.00x | 1.04x | AU$-4.63 Million |
| 2020 | -156.08% | -18184.40% | 0.01x | 1.02x | AU$-21.09 Million |
| 2021 | -23.28% | -20207.69% | 0.00x | 1.30x | AU$-3.76 Million |
| 2022 | -68.32% | -10119.16% | 0.01x | 1.15x | AU$-24.82 Million |
| 2023 | -38.46% | -36.77% | 0.60x | 1.74x | AU$-12.03 Million |
| 2024 | -92.95% | -63.04% | 0.56x | 2.64x | AU$-21.40 Million |
Industry Comparison
This section compares Centrex 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: $10,806,938
- Average return on equity (ROE) among peers: -44.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Centrex Ltd (CXM) | AU$20.79 Million | 0.00% | 1.64x | $10.44 Million |
| Morella Corporation Ltd (1MC) | $5.37 Million | -12.67% | 0.90x | $8.08 Million |
| Amaero Ltd (3DA) | $54.23 Million | -45.05% | 0.68x | $232.53 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $151.29 Million |
| Atlantic Lithium Ltd (A11) | $805.39K | -301.13% | 1.62x | $159.26 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.82 Million | -15.47% | 0.06x | $4.20 Million |
| Audalia Resources Ltd (ACP) | $3.12 Million | -36.11% | 3.67x | $14.72 Million |
| Accent Resources NL (ACS) | $13.16 Million | -6.74% | 0.05x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $2.97 Million |
| Andromeda Metals Ltd (ADN) | $20.02 Million | -4.90% | 0.04x | $29.44 Million |
About Centrex Ltd
Centrex Limited, together with its subsidiaries, engages in the exploration, evaluation, development, and production of mineral resources in Australia. The company produces phosphate rock, as well as explores for base metals, potash, zinc, and copper deposits. Its flagship project is the 100% owned Ardmore rock phosphate mine located in North West Queensland. The company was formerly known as Cen… Read more