Develop Global Ltd

AU:DVP Australia Other Industrial Metals & Mining
Market Cap
$884.72 Million
AU$1.43 Billion AUD
Market Cap Rank
#8770 Global
#97 in Australia
Share Price
AU$4.33
Change (1 day)
+1.64%
52-Week Range
AU$2.06 - AU$5.80
All Time High
AU$5.80
Categories
Companies in Australia Other Industrial Metals & Mining
About

Develop Global Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in Australia. It primarily explores for copper, zinc, lead, silver, gold, and lithium deposits. The company holds interest in the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements; the Woodlawn Zinc-Copper Project is locate… Read more

Develop Global Ltd (DVP) - Net Assets

Latest net assets as of December 2025: AU$639.31 Million AUD

Based on the latest financial reports, Develop Global Ltd (DVP) has net assets worth AU$639.31 Million AUD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$908.55 Million) and total liabilities (AU$269.24 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$639.31 Million
% of Total Assets 70.37%
Annual Growth Rate 37.79%
5-Year Change 1670.93%
10-Year Change 4788.76%
Growth Volatility 157.72

Develop Global Ltd - Net Assets Trend (2008–2025)

This chart illustrates how Develop Global 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 Develop Global Ltd (2008–2025)

The table below shows the annual net assets of Develop Global Ltd from 2008 to 2025.

Year Net Assets Change
2025-06-30 AU$630.41 Million +80.41%
2024-06-30 AU$349.44 Million +133.49%
2023-06-30 AU$149.66 Million +3.53%
2022-06-30 AU$144.55 Million +306.08%
2021-06-30 AU$35.60 Million +49.07%
2020-06-30 AU$23.88 Million -8.32%
2019-06-30 AU$26.05 Million +27.06%
2018-06-30 AU$20.50 Million +32.84%
2017-06-30 AU$15.43 Million +19.68%
2016-06-30 AU$12.90 Million -13.16%
2015-06-30 AU$14.85 Million -74.52%
2014-06-30 AU$58.28 Million -4.98%
2013-06-30 AU$61.33 Million -9.92%
2012-06-30 AU$68.09 Million +27.27%
2011-06-30 AU$53.50 Million +128.47%
2010-06-30 AU$23.42 Million +617.73%
2009-06-30 AU$3.26 Million +20.35%
2008-06-30 AU$2.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to Develop Global 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 13877481400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$725.34 Million 115.14%
Other Comprehensive Income AU$48.12 Million 7.64%
Total Equity AU$629.96 Million 100.00%

Develop Global Ltd Competitors by Market Cap

The table below lists competitors of Develop Global Ltd ranked by their market capitalization.

Company Market Cap
Indiamart Intermesh Limited
NSE:INDIAMART
 		$694.09 Million
Darbond Technology Co. Ltd. A
SHG:688035
 		$694.18 Million
Aussie Broadband Ltd
AU:ABB
 		$694.23 Million
CBL & Associates Properties Inc
NYSE:CBL
 		$694.28 Million
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057
 		$693.86 Million
Vicat SA
PINK:SDCVF
 		$693.66 Million
First Watch Restaurant Group Inc
NASDAQ:FWRG
 		$693.66 Million
Charter Hall Social Infrastructure REIT
PINK:FKKEF
 		$693.51 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 349,270,503 to 629,960,402, a change of 280,689,899 (80.4%).
  • Net income of 72,393,528 contributed positively to equity growth.
  • Dividend payments of 150,000 reduced retained earnings.
  • Share repurchases of 424,673 reduced equity.
  • New share issuances of 17,459,120 increased equity.
  • Other comprehensive income decreased equity by 87,922,405.
  • Other factors increased equity by 279,334,329.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$72.39 Million +11.49%
Dividends Paid AU$150.00K -0.02%
Share Repurchases AU$424.67K -0.07%
Share Issuances AU$17.46 Million +2.77%
Other Comprehensive Income AU$-87.92 Million -13.96%
Other Changes AU$279.33 Million +44.34%
Total Change AU$- 80.36%

Book Value vs Market Value Analysis

This analysis compares Develop Global 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: 1.95x
  • 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 343.42x to 1.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-06-30 AU$0.01 AU$4.33 x
2009-06-30 AU$0.02 AU$4.33 x
2010-06-30 AU$0.11 AU$4.33 x
2011-06-30 AU$0.25 AU$4.33 x
2012-06-30 AU$0.32 AU$4.33 x
2013-06-30 AU$0.29 AU$4.33 x
2014-06-30 AU$0.27 AU$4.33 x
2015-06-30 AU$0.07 AU$4.33 x
2016-06-30 AU$0.06 AU$4.33 x
2017-06-30 AU$0.07 AU$4.33 x
2018-06-30 AU$0.10 AU$4.33 x
2019-06-30 AU$0.12 AU$4.33 x
2020-06-30 AU$0.11 AU$4.33 x
2021-06-30 AU$0.17 AU$4.33 x
2022-06-30 AU$0.67 AU$4.33 x
2023-06-30 AU$0.70 AU$4.33 x
2024-06-30 AU$1.54 AU$4.33 x
2025-06-30 AU$2.22 AU$4.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Develop Global 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): 11.49%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 31.28%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.43x
  • Recent ROE (11.49%) is above the historical average (-48.08%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 -148.96% 0.00% 0.00x 1.11x AU$-4.31 Million
2009 -36.67% 0.00% 0.00x 1.06x AU$-1.52 Million
2010 -25.50% -10641.63% 0.00x 1.35x AU$-8.31 Million
2011 -16.66% 0.00% 0.00x 1.40x AU$-14.27 Million
2012 11.53% 0.00% 0.00x 1.12x AU$1.04 Million
2013 -24.06% 0.00% 0.00x 1.24x AU$-20.89 Million
2014 -5.03% -1757.45% 0.00x 1.25x AU$-8.76 Million
2015 -278.67% -11298.66% 0.01x 1.80x AU$-42.86 Million
2016 -23.10% -375.09% 0.03x 1.97x AU$-4.27 Million
2017 -16.60% -5740.40% 0.00x 1.84x AU$-4.11 Million
2018 -12.12% -1753.83% 0.00x 1.69x AU$-4.53 Million
2019 -10.41% 0.00% 0.00x 1.58x AU$-5.32 Million
2020 -16.33% -23577.14% 0.00x 1.75x AU$-6.29 Million
2021 -252.49% -823851.18% 0.00x 1.61x AU$-93.44 Million
2022 -6.38% -204.40% 0.02x 1.42x AU$-23.68 Million
2023 -11.95% -26.39% 0.28x 1.64x AU$-32.86 Million
2024 -3.47% -8.24% 0.31x 1.35x AU$-47.06 Million
2025 11.49% 31.28% 0.26x 1.43x AU$9.40 Million

Industry Comparison

This section compares Develop Global 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
Develop Global Ltd (DVP) AU$639.31 Million -148.96% 0.42x $693.99 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