Dyno Nobel Ltd (DNL) - Net Assets
Based on the latest financial reports, Dyno Nobel Ltd (DNL) has net assets worth AU$4.43 Billion AUD (≈ $3.14 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$7.83 Billion ≈ $5.54 Billion USD) and total liabilities (AU$3.40 Billion ≈ $2.40 Billion 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 Dyno Nobel Ltd (DNL) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$4.43 Billion |
| % of Total Assets | 56.62% |
| Annual Growth Rate | 9.74% |
| 5-Year Change | -17.43% |
| 10-Year Change | -3.31% |
| Growth Volatility | 102.48 |
Dyno Nobel Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Dyno Nobel Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Dyno Nobel Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Dyno Nobel Ltd (2003–2025)
The table below shows the annual net assets of Dyno Nobel Ltd from 2003 to 2025. For live valuation and market cap data, see Dyno Nobel Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | AU$4.43 Billion ≈ $3.14 Billion |
-8.50% |
| 2024-09-30 | AU$4.84 Billion ≈ $3.43 Billion |
-24.61% |
| 2023-09-30 | AU$6.43 Billion ≈ $4.55 Billion |
+2.18% |
| 2022-09-30 | AU$6.29 Billion ≈ $4.45 Billion |
+17.16% |
| 2021-09-30 | AU$5.37 Billion ≈ $3.80 Billion |
+3.18% |
| 2020-09-30 | AU$5.20 Billion ≈ $3.68 Billion |
+11.00% |
| 2019-09-30 | AU$4.69 Billion ≈ $3.32 Billion |
-1.19% |
| 2018-09-30 | AU$4.74 Billion ≈ $3.36 Billion |
-0.31% |
| 2017-09-30 | AU$4.76 Billion ≈ $3.37 Billion |
+3.81% |
| 2016-09-30 | AU$4.58 Billion ≈ $3.24 Billion |
-2.21% |
| 2015-09-30 | AU$4.69 Billion ≈ $3.32 Billion |
+6.38% |
| 2014-09-30 | AU$4.41 Billion ≈ $3.12 Billion |
+4.44% |
| 2013-09-30 | AU$4.22 Billion ≈ $2.99 Billion |
+4.67% |
| 2012-09-30 | AU$4.03 Billion ≈ $2.85 Billion |
+8.76% |
| 2011-09-30 | AU$3.71 Billion ≈ $2.62 Billion |
+2.64% |
| 2010-09-30 | AU$3.61 Billion ≈ $2.56 Billion |
+6.81% |
| 2009-09-30 | AU$3.38 Billion ≈ $2.39 Billion |
+7.16% |
| 2008-09-30 | AU$3.16 Billion ≈ $2.23 Billion |
+489.78% |
| 2007-09-30 | AU$535.00 Million ≈ $378.55 Million |
+40.79% |
| 2006-09-30 | AU$380.00 Million ≈ $268.87 Million |
-32.76% |
| 2005-09-30 | AU$565.16 Million ≈ $399.89 Million |
-10.51% |
| 2004-09-30 | AU$631.52 Million ≈ $446.84 Million |
+10.14% |
| 2003-09-30 | AU$573.38 Million ≈ $405.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dyno Nobel 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 grown by 31244.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$1.57 Billion | 35.47% |
| Common Stock | AU$3.07 Billion | 69.34% |
| Other Comprehensive Income | AU$-213.40 Million | -4.82% |
| Total Equity | AU$4.43 Billion | 100.00% |
Dyno Nobel Ltd Competitors by Market Cap
The table below lists competitors of Dyno Nobel Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JUSUNG ENGINEERING Co. Ltd
KQ:036930
|
$4.14 Billion |
|
Cenergy Holdings SA
BR:CENER
|
$4.14 Billion |
|
Silgan Holdings Inc
NYSE:SLGN
|
$4.14 Billion |
|
Crescent Energy Co
NYSE:CRGY
|
$4.15 Billion |
|
Atmus Filtration Technologies Inc.
NYSE:ATMU
|
$4.14 Billion |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
$4.14 Billion |
|
TSINGTAO BREWE. H ADR/5
F:TSI0
|
$4.14 Billion |
|
Antar Chile
SN:ANTARCHILE
|
$4.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dyno Nobel Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,845,900,000 to 4,431,100,000, a change of -414,800,000 (-8.6%).
- Net income of 145,500,000 contributed positively to equity growth.
- Dividend payments of 162,300,000 reduced retained earnings.
- Share repurchases of 288,800,000 reduced equity.
- Other comprehensive income increased equity by 83,700,000.
- Other factors decreased equity by 192,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$145.50 Million | +3.28% |
| Dividends Paid | AU$162.30 Million | -3.66% |
| Share Repurchases | AU$288.80 Million | -6.52% |
| Other Comprehensive Income | AU$83.70 Million | +1.89% |
| Other Changes | AU$-192.90 Million | -4.35% |
| Total Change | AU$- | -8.56% |
Book Value vs Market Value Analysis
This analysis compares Dyno Nobel 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: 1.41x
- 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 7.47x to 1.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-09-30 | AU$0.44 | AU$3.32 | x |
| 2004-09-30 | AU$0.49 | AU$3.32 | x |
| 2005-09-30 | AU$0.44 | AU$3.32 | x |
| 2006-09-30 | AU$0.30 | AU$3.32 | x |
| 2007-09-30 | AU$0.48 | AU$3.32 | x |
| 2008-09-30 | AU$2.66 | AU$3.32 | x |
| 2009-09-30 | AU$2.19 | AU$3.32 | x |
| 2010-09-30 | AU$2.22 | AU$3.32 | x |
| 2011-09-30 | AU$2.27 | AU$3.32 | x |
| 2012-09-30 | AU$2.47 | AU$3.32 | x |
| 2013-09-30 | AU$2.59 | AU$3.32 | x |
| 2014-09-30 | AU$2.68 | AU$3.32 | x |
| 2015-09-30 | AU$2.79 | AU$3.32 | x |
| 2016-09-30 | AU$2.72 | AU$3.32 | x |
| 2017-09-30 | AU$2.82 | AU$3.32 | x |
| 2018-09-30 | AU$2.85 | AU$3.32 | x |
| 2019-09-30 | AU$2.89 | AU$3.32 | x |
| 2020-09-30 | AU$3.00 | AU$3.32 | x |
| 2021-09-30 | AU$2.76 | AU$3.32 | x |
| 2022-09-30 | AU$3.23 | AU$3.32 | x |
| 2023-09-30 | AU$3.31 | AU$3.32 | x |
| 2024-09-30 | AU$2.50 | AU$3.32 | x |
| 2025-09-30 | AU$2.36 | AU$3.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dyno Nobel Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.92%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.77x
- Recent ROE (3.28%) is below the historical average (7.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | -3.25% | -2.71% | 0.79x | 1.51x | AU$-75.96 Million |
| 2004 | 11.88% | 6.61% | 1.17x | 1.54x | AU$11.89 Million |
| 2005 | 0.74% | 0.39% | 1.25x | 1.52x | AU$-52.36 Million |
| 2006 | 12.28% | 4.20% | 0.85x | 3.43x | AU$8.66 Million |
| 2007 | 38.37% | 14.92% | 0.84x | 3.06x | AU$151.80 Million |
| 2008 | 19.16% | 20.69% | 0.36x | 2.59x | AU$289.07 Million |
| 2009 | -5.32% | -5.26% | 0.52x | 1.96x | AU$-518.01 Million |
| 2010 | 11.37% | 14.00% | 0.46x | 1.75x | AU$49.58 Million |
| 2011 | 12.51% | 11.86% | 0.56x | 1.89x | AU$93.03 Million |
| 2012 | 12.68% | 14.59% | 0.50x | 1.74x | AU$107.79 Million |
| 2013 | 8.82% | 10.93% | 0.44x | 1.82x | AU$-49.69 Million |
| 2014 | 5.61% | 7.37% | 0.42x | 1.81x | AU$-193.33 Million |
| 2015 | 8.51% | 10.94% | 0.40x | 1.96x | AU$-69.92 Million |
| 2016 | 2.80% | 3.82% | 0.39x | 1.89x | AU$-329.92 Million |
| 2017 | 6.71% | 9.18% | 0.39x | 1.86x | AU$-156.61 Million |
| 2018 | 4.39% | 5.39% | 0.43x | 1.89x | AU$-265.87 Million |
| 2019 | 3.25% | 3.89% | 0.42x | 2.00x | AU$-316.38 Million |
| 2020 | 2.37% | 3.13% | 0.42x | 1.79x | AU$-396.93 Million |
| 2021 | 2.78% | 3.43% | 0.46x | 1.75x | AU$-387.76 Million |
| 2022 | 16.12% | 16.05% | 0.58x | 1.73x | AU$384.74 Million |
| 2023 | 8.71% | 10.35% | 0.51x | 1.64x | AU$-82.68 Million |
| 2024 | -6.42% | -5.89% | 0.63x | 1.73x | AU$-795.49 Million |
| 2025 | 3.28% | 3.92% | 0.47x | 1.77x | AU$-297.61 Million |
Industry Comparison
This section compares Dyno Nobel Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $46,283,854
- Average return on equity (ROE) among peers: -64.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dyno Nobel Ltd (DNL) | AU$4.43 Billion | -3.25% | 0.77x | $4.14 Billion |
| 5E Advanced Materials Inc (5EA) | $8.17 Million | -11.97% | 0.50x | $64.62 Million |
| Anteotech Ltd (ADO) | $10.20 Million | -13.74% | 0.13x | $25.24 Million |
| Alexium International Group Ltd (AJX) | $3.04 Million | -109.60% | 0.67x | $16.60 Million |
| Altech Batteries Ltd (ATC) | $3.08 Million | -117.67% | 0.08x | $32.10 Million |
| Carbonxt Group Ltd (CG1) | $-2.28 Million | 0.00% | 0.00x | $24.22 Million |
| CALIX Ltd (CXL) | $16.81 Million | -44.56% | 0.50x | $79.37 Million |
| DGL Group Ltd (DGL) | $373.92 Million | 4.19% | 0.77x | $78.71 Million |
| DOTZ Nano Ltd (DTZ) | $2.40 Million | -273.75% | 1.77x | $14.22 Million |
| Foresta Group Holdings Ltd (FGH) | $1.22 Million | -16.22% | 0.17x | $42.47 Million |
About Dyno Nobel Ltd
Dyno Nobel Limited, together with its subsidiaries, manufactures and distributes industrial explosives, chemicals, and fertilizers in the United States and Australia. It offers packaged explosives, including Powermite, a cartridge explosive; and Dynosplit for pre-split applications, as well as ammonium nitrates. The company also provides initiation systems, such as BlastWeb II, an underground bla… Read more