Evolution Mining Ltd (EVN) - Net Assets

Latest as of December 2025: AU$5.63 Billion AUD ≈ $3.99 Billion USD

Based on the latest financial reports, Evolution Mining Ltd (EVN) has net assets worth AU$5.63 Billion AUD (≈ $3.99 Billion 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$10.02 Billion ≈ $7.09 Billion USD) and total liabilities (AU$4.39 Billion ≈ $3.11 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 EVN tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$5.63 Billion
% of Total Assets	56.21%
Annual Growth Rate	33.5%
5-Year Change	95.56%
10-Year Change	219.53%
Growth Volatility	165.99

Evolution Mining Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Evolution Mining Ltd's net assets have evolved over time, based on quarterly financial data. See Evolution Mining Ltd (EVN) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Evolution Mining Ltd (2002–2025)

The table below shows the annual net assets of Evolution Mining Ltd from 2002 to 2025. For live valuation and market cap data, see EVN market cap.

Year	Net Assets	Change
2025-06-30	AU$4.96 Billion ≈ $3.51 Billion	+19.68%
2024-06-30	AU$4.14 Billion ≈ $2.93 Billion	+25.72%
2023-06-30	AU$3.29 Billion ≈ $2.33 Billion	+1.26%
2022-06-30	AU$3.25 Billion ≈ $2.30 Billion	+28.37%
2021-06-30	AU$2.53 Billion ≈ $1.79 Billion	+2.91%
2020-06-30	AU$2.46 Billion ≈ $1.74 Billion	+2.36%
2019-06-30	AU$2.41 Billion ≈ $1.70 Billion	+5.16%
2018-06-30	AU$2.29 Billion ≈ $1.62 Billion	+7.52%
2017-06-30	AU$2.13 Billion ≈ $1.51 Billion	+37.18%
2016-06-30	AU$1.55 Billion ≈ $1.10 Billion	+37.96%
2015-06-30	AU$1.12 Billion ≈ $795.70 Million	+43.20%
2014-06-30	AU$785.30 Million ≈ $555.65 Million	+3.97%
2013-06-30	AU$755.35 Million ≈ $534.46 Million	-28.50%
2012-06-30	AU$1.06 Billion ≈ $747.48 Million	+560.29%
2011-06-30	AU$159.99 Million ≈ $113.21 Million	+15.33%
2010-06-30	AU$138.73 Million ≈ $98.16 Million	+210.97%
2009-06-30	AU$44.61 Million ≈ $31.57 Million	+610.93%
2008-06-30	AU$6.27 Million ≈ $4.44 Million	+10.54%
2007-06-30	AU$5.68 Million ≈ $4.02 Million	-27.85%
2006-06-30	AU$7.87 Million ≈ $5.57 Million	-56.13%
2005-06-30	AU$17.94 Million ≈ $12.69 Million	+61.01%
2004-06-30	AU$11.14 Million ≈ $7.88 Million	+9.48%
2003-06-30	AU$10.18 Million ≈ $7.20 Million	+57.82%
2002-06-30	AU$6.45 Million ≈ $4.56 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Evolution Mining 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 166269089700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	AU$1.66 Billion	33.54%
Common Stock	AU$3.19 Billion	64.36%
Other Comprehensive Income	AU$104.30 Million	2.10%
Total Equity	AU$4.96 Billion	100.00%

Evolution Mining Ltd Competitors by Market Cap

The table below lists competitors of Evolution Mining Ltd ranked by their market capitalization.

Company	Market Cap
Brookfield Infrastructure Partners L.P TO:BIP-UN	$17.94 Billion
China Three Gorges New Energy Group Co Ltd SHG:600905	$17.95 Billion
Santos Ltd AU:STO	$17.95 Billion
OMV AG ADR 1 F:OMVI	$18.00 Billion
Pernod Ricard S.A. PA:RI	$17.93 Billion
Lennox International Inc NYSE:LII	$17.93 Billion
CF Industries Holdings Inc NYSE:CF	$17.91 Billion
Lite-On Technology Corp TW:2301	$17.88 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,142,196,000 to 4,957,336,000, a change of 815,140,000 (19.7%).
Net income of 926,169,000 contributed positively to equity growth.
Dividend payments of 160,977,000 reduced retained earnings.
Other comprehensive income increased equity by 58,320,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$926.17 Million	+18.68%
Dividends Paid	AU$160.98 Million	-3.25%
Other Comprehensive Income	AU$58.32 Million	+1.18%
Other Changes	AU$-8.37 Million	-0.17%
Total Change	AU$-	19.68%

Book Value vs Market Value Analysis

This analysis compares Evolution Mining 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: 5.02x
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 2536.93x to 5.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-06-30	AU$0.00	AU$12.48	x
2003-06-30	AU$0.01	AU$12.48	x
2004-06-30	AU$0.02	AU$12.48	x
2005-06-30	AU$0.03	AU$12.48	x
2006-06-30	AU$0.26	AU$12.48	x
2007-06-30	AU$0.16	AU$12.48	x
2008-06-30	AU$0.15	AU$12.48	x
2009-06-30	AU$0.81	AU$12.48	x
2010-06-30	AU$0.84	AU$12.48	x
2011-06-30	AU$0.85	AU$12.48	x
2012-06-30	AU$1.80	AU$12.48	x
2013-06-30	AU$0.58	AU$12.48	x
2014-06-30	AU$0.60	AU$12.48	x
2015-06-30	AU$1.51	AU$12.48	x
2016-06-30	AU$1.12	AU$12.48	x
2017-06-30	AU$1.29	AU$12.48	x
2018-06-30	AU$1.35	AU$12.48	x
2019-06-30	AU$1.41	AU$12.48	x
2020-06-30	AU$1.44	AU$12.48	x
2021-06-30	AU$1.48	AU$12.48	x
2022-06-30	AU$1.78	AU$12.48	x
2023-06-30	AU$1.79	AU$12.48	x
2024-06-30	AU$2.15	AU$12.48	x
2025-06-30	AU$2.48	AU$12.48	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Evolution Mining 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): 18.68%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 21.28%
• Asset Turnover: 0.45x
• Equity Multiplier: 1.94x
Recent ROE (18.68%) is above the historical average (-14.08%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	-5.58%	-317.07%	0.02x	1.02x	AU$-1.59 Million
2004	-9.08%	-616.54%	0.01x	1.02x	AU$-2.13 Million
2005	-5.24%	-244.96%	0.02x	1.02x	AU$-2.73 Million
2006	-160.22%	-2952.41%	0.03x	1.92x	AU$-13.39 Million
2007	-171.41%	-2514.26%	0.06x	1.21x	AU$-10.30 Million
2008	-36.52%	-385.17%	0.09x	1.10x	AU$-2.92 Million
2009	-15.27%	-2580.99%	0.01x	1.11x	AU$-11.27 Million
2010	4.00%	24.90%	0.10x	1.60x	AU$-8.33 Million
2011	-1.44%	-1.89%	0.53x	1.44x	AU$-18.30 Million
2012	3.53%	7.95%	0.37x	1.20x	AU$-68.33 Million
2013	-40.70%	-50.81%	0.59x	1.36x	AU$-382.96 Million
2014	6.37%	7.88%	0.57x	1.41x	AU$-28.51 Million
2015	8.90%	15.03%	0.51x	1.17x	AU$-12.34 Million
2016	-1.57%	-1.83%	0.61x	1.41x	AU$-179.49 Million
2017	10.22%	14.70%	0.50x	1.38x	AU$4.78 Million
2018	11.51%	17.10%	0.50x	1.34x	AU$34.55 Million
2019	9.07%	14.45%	0.49x	1.29x	AU$-22.46 Million
2020	12.24%	15.53%	0.51x	1.53x	AU$55.22 Million
2021	13.62%	18.52%	0.47x	1.56x	AU$91.77 Million
2022	9.94%	15.66%	0.31x	2.04x	AU$-2.07 Million
2023	4.96%	7.34%	0.33x	2.05x	AU$-165.98 Million
2024	10.19%	13.13%	0.36x	2.13x	AU$8.05 Million
2025	18.68%	21.28%	0.45x	1.94x	AU$430.44 Million

Industry Comparison

This section compares Evolution Mining Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $25,668,054
Average return on equity (ROE) among peers: -17.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Evolution Mining Ltd (EVN)	AU$5.63 Billion	-5.58%	0.78x	$17.94 Billion
Australasian Metals Ltd (A8G)	$7.13 Million	-4.71%	0.03x	$4.06 Million
Ariana Resources Plc (AA2)	$28.53 Million	13.52%	0.07x	$61.22 Million
Aruma Resources Ltd (AAJ)	$3.29 Million	-92.67%	0.06x	$6.23 Million
Astral Resources NL (AAR)	$4.84 Million	-26.93%	0.09x	$172.04 Million
Antilles Gold Ltd (AAU)	$13.60 Million	-30.40%	1.14x	$27.84 Million
Adelong Gold Ltd (ADG)	$5.99 Million	-12.99%	0.07x	$9.43 Million
Ardiden Ltd (ADV)	$5.19 Million	-11.16%	0.05x	$53.22 Million
Australian Gold and Copper Ltd (AGC)	$17.69 Million	-3.27%	0.01x	$28.58 Million
Ark Mines Ltd (AHK)	$-3.79 Million	0.00%	0.00x	$16.89 Million
Alkane Resources Ltd (ALK)	$174.22 Million	-3.54%	0.15x	$1.49 Billion

About Evolution Mining Ltd

AU:EVN Australia Gold

Market Cap

$17.94 Billion

AU$25.35 Billion AUD

Market Cap Rank

#1413 Global

#25 in Australia

Share Price

AU$12.48

Change (1 day)

+0.56%

52-Week Range

AU$7.05 - AU$17.47

All Time High

AU$17.47