EQ Resources Ltd

AU:EQR Australia Other Industrial Metals & Mining
Market Cap
$1.08 Billion
AU$1.75 Billion AUD
Market Cap Rank
#10510 Global
#123 in Australia
Share Price
AU$0.36
Change (1 day)
-1.37%
52-Week Range
AU$0.03 - AU$0.37
All Time High
AU$0.37
Categories
Companies in Australia Other Industrial Metals & Mining
About

EQ Resources Limited explores for and produces tungsten and mineral resources in Australia. The company also explores for gold deposits. Its flagship property is the Mt Carbine project comprising ML 4867 covering an area of approximately 358.5 hectares, as well as ML 4919 covering an area of 7.891 hectares located in Far North Queensland. The company was formerly known as Speciality Metals Intern… Read more

EQ Resources Ltd (EQR) - Net Assets

Latest net assets as of June 2025: AU$36.29 Million AUD

Based on the latest financial reports, EQ Resources Ltd (EQR) has net assets worth AU$36.29 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$189.27 Million) and total liabilities (AU$152.98 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$36.29 Million
% of Total Assets 19.17%
Annual Growth Rate 12.4%
5-Year Change 116.95%
10-Year Change 237.73%
Growth Volatility 92.12

EQ Resources Ltd - Net Assets Trend (2005–2024)

This chart illustrates how EQ 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 EQ Resources Ltd (2005–2024)

The table below shows the annual net assets of EQ Resources Ltd from 2005 to 2024.

Year Net Assets Change
2024-12-31 AU$36.29 Million -35.92%
2023-12-31 AU$56.63 Million +247.30%
2022-12-31 AU$16.30 Million +13.88%
2021-12-31 AU$14.32 Million -14.40%
2020-12-31 AU$16.73 Million +11.98%
2019-12-31 AU$14.94 Million +36.97%
2018-12-31 AU$10.91 Million +308.06%
2017-12-31 AU$2.67 Million +12.69%
2016-12-31 AU$2.37 Million -77.93%
2015-12-31 AU$10.74 Million -3.98%
2014-12-31 AU$11.19 Million -13.64%
2013-12-31 AU$12.96 Million -8.19%
2012-12-31 AU$14.11 Million -13.56%
2011-12-31 AU$16.33 Million +116.01%
2010-12-31 AU$7.56 Million +46.17%
2009-12-31 AU$5.17 Million +20.93%
2008-12-31 AU$4.28 Million +13.49%
2007-12-31 AU$3.77 Million -31.50%
2006-12-31 AU$5.50 Million +39.62%
2005-12-31 AU$3.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to EQ 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 7529222000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$98.25 Million 270.75%
Other Comprehensive Income AU$13.72 Million 37.81%
Total Equity AU$36.29 Million 100.00%

EQ Resources Ltd Competitors by Market Cap

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

Company Market Cap
Topdanmark AS
PINK:TPDKY
 		$476.09 Million
TOUR EIFFEL INH. EO 5
F:UVA
 		$476.23 Million
Drägerwerk AG & Co. KGaA
PINK:DGWPF
 		$476.36 Million
Chongqing Lummy Pharmaceutical
SHE:300006
 		$476.38 Million
Cisen Pharmaceutical Co Ltd
SHG:603367
 		$475.84 Million
NORMA Group SE
OTCGREY:NOEJF
 		$475.81 Million
Chengdu XGimi Technology Co. Ltd. A
SHG:688696
 		$475.58 Million
Georgia Capital PLC
PINK:GRGCF
 		$475.57 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 56,625,658 to 36,287,157, a change of -20,338,501 (-35.9%).
  • Net loss of 39,307,079 reduced equity.
  • Share repurchases of 25,704,870 reduced equity.
  • Other comprehensive income increased equity by 8,043,459.
  • Other factors increased equity by 36,629,989.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-39.31 Million -108.32%
Share Repurchases AU$25.70 Million -70.84%
Other Comprehensive Income AU$8.04 Million +22.17%
Other Changes AU$36.63 Million +100.94%
Total Change AU$- -35.92%

Book Value vs Market Value Analysis

This analysis compares EQ 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: 22.95x
  • 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 decreased from 93.55x to 22.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 AU$0.00 AU$0.36 x
2006-12-31 AU$0.12 AU$0.36 x
2007-12-31 AU$0.07 AU$0.36 x
2008-12-31 AU$0.06 AU$0.36 x
2009-12-31 AU$0.05 AU$0.36 x
2010-12-31 AU$0.06 AU$0.36 x
2011-12-31 AU$0.07 AU$0.36 x
2012-12-31 AU$0.05 AU$0.36 x
2013-12-31 AU$0.04 AU$0.36 x
2014-12-31 AU$0.03 AU$0.36 x
2015-12-31 AU$0.03 AU$0.36 x
2016-12-31 AU$0.00 AU$0.36 x
2017-12-31 AU$0.00 AU$0.36 x
2018-12-31 AU$0.02 AU$0.36 x
2019-12-31 AU$0.01 AU$0.36 x
2020-12-31 AU$0.01 AU$0.36 x
2021-12-31 AU$0.01 AU$0.36 x
2022-12-31 AU$0.01 AU$0.36 x
2023-12-31 AU$0.03 AU$0.36 x
2024-12-31 AU$0.02 AU$0.36 x

Capital Efficiency Dashboard

This dashboard shows how efficiently EQ 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): -108.32%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -59.26%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 5.22x
  • Recent ROE (-108.32%) is below the historical average (-48.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 -9.77% -431.46% 0.02x 1.02x AU$-778.97K
2006 -7.07% -8904.67% 0.00x 1.06x AU$-939.25K
2007 -67.22% -4777.17% 0.01x 1.09x AU$-2.91 Million
2008 -38.21% -7121.79% 0.01x 1.06x AU$-2.06 Million
2009 -31.08% -51182.29% 0.00x 1.07x AU$-2.12 Million
2010 3.03% 13.53% 0.22x 1.03x AU$-526.78K
2011 -13.15% -2677.51% 0.00x 1.05x AU$-3.78 Million
2012 -35.05% -295.70% 0.11x 1.09x AU$-6.36 Million
2013 -15.45% -325.87% 0.04x 1.15x AU$-3.30 Million
2014 -21.58% -4576.29% 0.00x 1.14x AU$-3.53 Million
2015 -19.55% -7849.25% 0.00x 1.12x AU$-3.18 Million
2016 -416.98% -36710.51% 0.01x 1.08x AU$-10.13 Million
2017 -55.33% -5004.89% 0.01x 1.07x AU$-1.75 Million
2018 34.97% 16939.33% 0.00x 1.46x AU$2.72 Million
2019 -20.20% -410.13% 0.03x 1.43x AU$-4.51 Million
2020 -27.36% -101.17% 0.18x 1.54x AU$-6.25 Million
2021 -42.36% -151.08% 0.13x 2.18x AU$-7.50 Million
2022 -22.79% -73.74% 0.09x 3.38x AU$-5.35 Million
2023 -49.90% -106.71% 0.16x 2.94x AU$-33.92 Million
2024 -108.32% -59.26% 0.35x 5.22x AU$-42.94 Million

Industry Comparison

This section compares EQ 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: $4,989,684
  • Average return on equity (ROE) among peers: -42.29%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
EQ Resources Ltd (EQR) AU$36.29 Million -9.77% 4.22x $475.85 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.11K
Morella Corporation Ltd (1MC) $5.31 Million 13.75% 0.52x $2.75 Million
6K Additive Inc (6KA) $-42.72 Million 0.00% 0.00x $25.42 Million
Atlantic Lithium Ltd (A11) $40.70 Million -16.20% 0.09x $67.68 Million
African Gold Ltd (A1G) $8.52 Million -85.61% 0.07x $167.65 Million
Albright Metals Ltd (ABR) $10.63 Million -17.73% 0.06x $1.11 Million
Audalia Resources Ltd (ACP) $3.17 Million -142.26% 12.89x $893.85K
Accent Resources NL (ACS) $1.87 Million -166.61% 2.43x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $6.66 Million 0.00% 0.34x $5.70 Million