DEVEX Resources Ltd

AU:DEV Australia Other Industrial Metals & Mining
Market Cap
$81.34 Million
AU$131.36 Million AUD
Market Cap Rank
#22679 Global
#430 in Australia
Share Price
AU$0.19
Change (1 day)
-7.50%
52-Week Range
AU$0.07 - AU$0.26
All Time High
AU$0.71
About

DevEx Resources Limited, together with its subsidiaries, engages in the exploration and evaluation of mineral properties in Australia. It explores for uranium, copper, nickel, gold, rare earth element, and platinum group element. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limited in November 2017. DevEx Resources Limited was incorporated in … Read more

DEVEX Resources Ltd (DEV) - Net Assets

Latest net assets as of June 2025: AU$13.75 Million AUD

Based on the latest financial reports, DEVEX Resources Ltd (DEV) has net assets worth AU$13.75 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$16.07 Million) and total liabilities (AU$2.31 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$13.75 Million
% of Total Assets 85.6%
Annual Growth Rate 5.56%
5-Year Change -18.07%
10-Year Change 1947795.68%
Growth Volatility 35907.68

DEVEX Resources Ltd - Net Assets Trend (1999–2025)

This chart illustrates how DEVEX 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 DEVEX Resources Ltd (1999–2025)

The table below shows the annual net assets of DEVEX Resources Ltd from 1999 to 2025.

Year Net Assets Change
2025-06-30 AU$13.75 Million -39.89%
2024-06-30 AU$22.88 Million +83.60%
2023-06-30 AU$12.46 Million +54.17%
2022-06-30 AU$8.08 Million -51.84%
2021-06-30 AU$16.79 Million +579.82%
2020-06-30 AU$2.47 Million +183287.05%
2019-06-30 AU$1.35K +20.71%
2018-06-30 AU$1.12K +545.12%
2017-06-30 AU$-250.62 -135.49%
2016-06-30 AU$706.12 -96.50%
2015-06-30 AU$20.18K +2.27%
2014-06-30 AU$19.73K -99.91%
2013-06-30 AU$21.73 Million -5.60%
2012-06-30 AU$23.02 Million +0.11%
2011-06-30 AU$23.00 Million +7.28%
2010-06-30 AU$21.44 Million +20.15%
2009-06-30 AU$17.84 Million -23.73%
2008-06-30 AU$23.39 Million -20.16%
2007-06-30 AU$29.30 Million +210.97%
2006-06-30 AU$9.42 Million +21.29%
2005-06-30 AU$7.77 Million +8.90%
2004-06-30 AU$7.13 Million +368.32%
2003-06-30 AU$1.52 Million -33.50%
2002-06-30 AU$2.29 Million -16.88%
2001-06-30 AU$2.76 Million +390.04%
2000-06-30 AU$562.31K -83.32%
1999-06-30 AU$3.37 Million --

Equity Component Analysis

This analysis shows how different components contribute to DEVEX 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 10483402500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$117.56 Million 854.72%
Other Comprehensive Income AU$1.03 Million 7.47%
Total Equity AU$13.75 Million 100.00%

DEVEX Resources Ltd Competitors by Market Cap

The table below lists competitors of DEVEX Resources Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 22,883,348 to 13,754,481, a change of -9,128,867 (-39.9%).
  • Net loss of 9,114,693 reduced equity.
  • Share repurchases of 1,030 reduced equity.
  • Other comprehensive income decreased equity by 2,842,729.
  • Other factors increased equity by 2,830,612.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-9.11 Million -66.27%
Share Repurchases AU$1.03K -0.01%
Other Comprehensive Income AU$-2.84 Million -20.67%
Other Changes AU$2.83 Million +20.58%
Total Change AU$- -39.89%

Book Value vs Market Value Analysis

This analysis compares DEVEX 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: 5.94x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 0.18x to 5.94x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-06-30 AU$1.03 AU$0.19 x
2000-06-30 AU$0.17 AU$0.19 x
2001-06-30 AU$0.96 AU$0.19 x
2002-06-30 AU$0.67 AU$0.19 x
2003-06-30 AU$0.40 AU$0.19 x
2004-06-30 AU$1.26 AU$0.19 x
2005-06-30 AU$0.88 AU$0.19 x
2006-06-30 AU$0.89 AU$0.19 x
2007-06-30 AU$1.78 AU$0.19 x
2008-06-30 AU$1.17 AU$0.19 x
2009-06-30 AU$0.89 AU$0.19 x
2010-06-30 AU$0.99 AU$0.19 x
2011-06-30 AU$1.01 AU$0.19 x
2012-06-30 AU$0.96 AU$0.19 x
2013-06-30 AU$0.83 AU$0.19 x
2014-06-30 AU$0.00 AU$0.19 x
2015-06-30 AU$0.00 AU$0.19 x
2016-06-30 AU$0.00 AU$0.19 x
2017-06-30 AU$0.00 AU$0.19 x
2018-06-30 AU$0.00 AU$0.19 x
2019-06-30 AU$0.00 AU$0.19 x
2020-06-30 AU$0.01 AU$0.19 x
2021-06-30 AU$0.06 AU$0.19 x
2022-06-30 AU$0.03 AU$0.19 x
2023-06-30 AU$0.03 AU$0.19 x
2024-06-30 AU$0.05 AU$0.19 x
2025-06-30 AU$0.03 AU$0.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently DEVEX 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): -66.27%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2565.22%
  • • Asset Turnover: 0.02x
  • • Equity Multiplier: 1.17x
  • Recent ROE (-66.27%) is above the historical average (-7509.09%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 -5.67% 0.00% 0.00x 1.01x AU$-528.15K
2000 -28.28% -935.29% 0.02x 1.38x AU$-215.23K
2001 -17.77% -520.91% 0.03x 1.02x AU$-765.21K
2002 -32.40% -927.50% 0.03x 1.06x AU$-971.04K
2003 -50.38% -57.13% 0.86x 1.03x AU$-919.60K
2004 -0.40% -2.49% 0.15x 1.07x AU$-741.98K
2005 -52.61% 0.00% 0.00x 1.03x AU$-4.86 Million
2006 -54.18% 0.00% 0.00x 1.05x AU$-6.05 Million
2007 -16.59% -211575.28% 0.00x 1.05x AU$-7.79 Million
2008 -30.17% -3282.33% 0.01x 1.18x AU$-9.40 Million
2009 -36.40% -4121.45% 0.01x 1.16x AU$-8.28 Million
2010 -4.67% -2761.10% 0.00x 1.16x AU$-3.14 Million
2011 -10.84% -10398.17% 0.00x 1.10x AU$-4.79 Million
2012 -8.90% 0.00% 0.00x 1.10x AU$-4.35 Million
2013 -12.02% 0.00% 0.00x 1.10x AU$-4.79 Million
2014 -7506.34% -182.84% 36.92x 1.11x AU$-1.48 Million
2015 -4460.52% -457.53% 8.74x 1.12x AU$-902.02K
2016 63098.91% 0.00% 0.00x 3.76x AU$445.48K
2017 0.00% 0.00% 0.00x 0.00x AU$-1.19 Million
2018 -145664.41% 0.00% 0.00x 2.83x AU$-1.63 Million
2019 -107307.29% -228.09% 195.48x 2.41x AU$-1.45 Million
2020 -140.68% 0.00% 0.00x 1.59x AU$-3.72 Million
2021 -39.22% 0.00% 0.00x 1.16x AU$-8.26 Million
2022 -147.30% 0.00% 0.00x 1.40x AU$-12.72 Million
2023 -103.81% -91325.52% 0.00x 1.28x AU$-14.19 Million
2024 -47.13% -10786.00% 0.00x 1.15x AU$-13.07 Million
2025 -66.27% -2565.22% 0.02x 1.17x AU$-10.49 Million

Industry Comparison

This section compares DEVEX Resources 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: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
DEVEX Resources Ltd (DEV) AU$13.75 Million -5.67% 0.17x $36.77 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million