DEVEX Resources Ltd (DEV) - Net Assets
Based on the latest financial reports, DEVEX Resources Ltd (DEV) has net assets worth AU$30.48 Million AUD (≈ $21.57 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$33.27 Million ≈ $23.54 Million USD) and total liabilities (AU$2.79 Million ≈ $1.97 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 asset allocation strategy of DEVEX Resources Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$30.48 Million |
| % of Total Assets | 91.62% |
| 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. For live market cap and overall valuation, see DEVEX Resources Ltd market capitalisation.
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. Also explore DEV net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$13.75 Million ≈ $9.73 Million |
-39.89% |
| 2024-06-30 | AU$22.88 Million ≈ $16.19 Million |
+83.60% |
| 2023-06-30 | AU$12.46 Million ≈ $8.82 Million |
+54.17% |
| 2022-06-30 | AU$8.08 Million ≈ $5.72 Million |
-51.84% |
| 2021-06-30 | AU$16.79 Million ≈ $11.88 Million |
+579.82% |
| 2020-06-30 | AU$2.47 Million ≈ $1.75 Million |
+183287.05% |
| 2019-06-30 | AU$1.35K ≈ $952.81 |
+20.71% |
| 2018-06-30 | AU$1.12K ≈ $789.34 |
+545.12% |
| 2017-06-30 | AU$-250.62 ≈ $-177.33 |
-135.49% |
| 2016-06-30 | AU$706.12 ≈ $499.62 |
-96.50% |
| 2015-06-30 | AU$20.18K ≈ $14.28K |
+2.27% |
| 2014-06-30 | AU$19.73K ≈ $13.96K |
-99.91% |
| 2013-06-30 | AU$21.73 Million ≈ $15.38 Million |
-5.60% |
| 2012-06-30 | AU$23.02 Million ≈ $16.29 Million |
+0.11% |
| 2011-06-30 | AU$23.00 Million ≈ $16.27 Million |
+7.28% |
| 2010-06-30 | AU$21.44 Million ≈ $15.17 Million |
+20.15% |
| 2009-06-30 | AU$17.84 Million ≈ $12.62 Million |
-23.73% |
| 2008-06-30 | AU$23.39 Million ≈ $16.55 Million |
-20.16% |
| 2007-06-30 | AU$29.30 Million ≈ $20.73 Million |
+210.97% |
| 2006-06-30 | AU$9.42 Million ≈ $6.67 Million |
+21.29% |
| 2005-06-30 | AU$7.77 Million ≈ $5.50 Million |
+8.90% |
| 2004-06-30 | AU$7.13 Million ≈ $5.05 Million |
+368.32% |
| 2003-06-30 | AU$1.52 Million ≈ $1.08 Million |
-33.50% |
| 2002-06-30 | AU$2.29 Million ≈ $1.62 Million |
-16.88% |
| 2001-06-30 | AU$2.76 Million ≈ $1.95 Million |
+390.04% |
| 2000-06-30 | AU$562.31K ≈ $397.87K |
-83.32% |
| 1999-06-30 | AU$3.37 Million ≈ $2.39 Million |
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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.
| Company | Market Cap |
|---|---|
|
Logistic Properties of the Americas
NYSE MKT:LPA
|
$98.02 Million |
|
Roadzen Inc.
NASDAQ:RDZN
|
$98.03 Million |
|
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen
XETRA:DAM
|
$98.03 Million |
|
CID HoldCo, Inc. Common Stock
NASDAQ:DAIC
|
$98.11 Million |
|
Cj Corp Pref
KO:001045
|
$97.98 Million |
|
Gongin Precision Industrial Co Ltd
TWO:3178
|
$97.93 Million |
|
I-Berhad
KLSE:4251
|
$97.92 Million |
|
Ester Industries Limited
NSE:ESTER
|
$97.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DEVEX Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,883,348 to 13,754,481, a change of -9,128,867 (-39.9%).
- Net loss of 9,114,693 reduced equity.
- Share repurchases of 1,030 reduced equity.
- Other comprehensive income decreased equity by 2,842,729.
- Other factors increased equity by 2,830,612.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: 6.26x
- 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 0.19x to 6.26x 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$0.20 | x |
| 2000-06-30 | AU$0.17 | AU$0.20 | x |
| 2001-06-30 | AU$0.96 | AU$0.20 | x |
| 2002-06-30 | AU$0.67 | AU$0.20 | x |
| 2003-06-30 | AU$0.40 | AU$0.20 | x |
| 2004-06-30 | AU$1.26 | AU$0.20 | x |
| 2005-06-30 | AU$0.88 | AU$0.20 | x |
| 2006-06-30 | AU$0.89 | AU$0.20 | x |
| 2007-06-30 | AU$1.78 | AU$0.20 | x |
| 2008-06-30 | AU$1.17 | AU$0.20 | x |
| 2009-06-30 | AU$0.89 | AU$0.20 | x |
| 2010-06-30 | AU$0.99 | AU$0.20 | x |
| 2011-06-30 | AU$1.01 | AU$0.20 | x |
| 2012-06-30 | AU$0.96 | AU$0.20 | x |
| 2013-06-30 | AU$0.83 | AU$0.20 | x |
| 2014-06-30 | AU$0.00 | AU$0.20 | x |
| 2015-06-30 | AU$0.00 | AU$0.20 | x |
| 2016-06-30 | AU$0.00 | AU$0.20 | x |
| 2017-06-30 | AU$0.00 | AU$0.20 | x |
| 2018-06-30 | AU$0.00 | AU$0.20 | x |
| 2019-06-30 | AU$0.00 | AU$0.20 | x |
| 2020-06-30 | AU$0.01 | AU$0.20 | x |
| 2021-06-30 | AU$0.06 | AU$0.20 | x |
| 2022-06-30 | AU$0.03 | AU$0.20 | x |
| 2023-06-30 | AU$0.03 | AU$0.20 | x |
| 2024-06-30 | AU$0.05 | AU$0.20 | x |
| 2025-06-30 | AU$0.03 | AU$0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DEVEX Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -66.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2565.22%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.17x
- Recent ROE (-66.27%) is above the historical average (-7509.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -5.67% | 0.00% | 0.00x | 1.01x | AU$-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: $18,315,818
- Average return on equity (ROE) among peers: -19039.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DEVEX Resources Ltd (DEV) | AU$30.48 Million | -5.67% | 0.09x | $98.01 Million |
| Morella Corporation Ltd (1MC) | $10.06 Million | -13.07% | 0.48x | $8.08 Million |
| Amaero Ltd (3DA) | $54.23 Million | -45.05% | 0.68x | $175.24 Million |
| 6K Additive Inc (6KA) | $62.92 Million | -28.47% | 0.10x | $140.89 Million |
| Atlantic Lithium Ltd (A11) | $31.07 Million | -22.97% | 0.04x | $161.63 Million |
| African Gold Ltd (A1G) | $3.82 Million | -35.85% | 0.08x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $2.20 Million |
| Audalia Resources Ltd (ACP) | $-457.00K | 0.00% | 0.00x | $13.19 Million |
| Accent Resources NL (ACS) | $-57.82K | 0.00% | 0.00x | $22.03 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.74 Million |
| Andromeda Metals Ltd (ADN) | $3.63K | -190231.01% | 0.32x | $19.63 Million |
About DEVEX Resources Ltd
DevEx Resources Limited operates as a uranium exploration company in Australia. The company's principal projects are the Nabarlek uranium project and the Murphy West uranium project located in the Northern Territory. It also holds Kennedy Rare Earth Elements Project located in North Queensland. The company was formerly known as Uranium Equities Limited and changed its name to DevEx Resources Limi… Read more