First Au Ltd

AU:FAU Australia Gold
Market Cap
$24.35 Million
AU$39.32 Million AUD
Market Cap Rank
#27970 Global
#705 in Australia
Share Price
AU$0.02
Change (1 day)
+0.00%
52-Week Range
AU$0.00 - AU$0.02
All Time High
AU$0.06
Categories
Companies in Australia Gold
About

First Au Limited engages in the exploration for gold and base metal deposits in Western Australia and Victoria. Its flagship property is the 100% owned Victorian Gold Project, which include Haunted Stream Project and Swifts Creek Goldfields located in the Eastern Goldfields, Victoria. The company was incorporated in 1960 and is based in Subiaco, Australia.

First Au Ltd (FAU) - Net Assets

Latest net assets as of June 2025: AU$2.23 Million AUD

Based on the latest financial reports, First Au Ltd (FAU) has net assets worth AU$2.23 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$2.50 Million) and total liabilities (AU$266.76K). 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$2.23 Million
% of Total Assets 89.33%
Annual Growth Rate -1.85%
5-Year Change -36.46%
10-Year Change 1207.26%
Growth Volatility 320.48

First Au Ltd - Net Assets Trend (1989–2024)

This chart illustrates how First Au 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 First Au Ltd (1989–2024)

The table below shows the annual net assets of First Au Ltd from 1989 to 2024.

Year Net Assets Change
2024-12-31 AU$2.19 Million -14.53%
2023-12-31 AU$2.57 Million -1.91%
2022-12-31 AU$2.62 Million -49.79%
2021-12-31 AU$5.21 Million +50.96%
2020-12-31 AU$3.45 Million +54.73%
2019-12-31 AU$2.23 Million -51.65%
2018-12-31 AU$4.62 Million +1909.61%
2017-12-31 AU$229.65K -42.41%
2016-12-31 AU$398.80K +137.62%
2015-12-31 AU$167.83K +10.77%
2014-12-31 AU$151.52K -89.42%
2013-12-31 AU$1.43 Million -4.09%
2012-12-31 AU$1.49 Million -7.29%
2011-12-31 AU$1.61 Million -18.78%
2010-12-31 AU$1.98 Million -27.83%
2009-12-31 AU$2.75 Million -5.39%
2008-12-31 AU$2.90 Million -24.24%
2007-12-31 AU$3.83 Million -13.03%
2006-12-31 AU$4.41 Million +4.31%
2005-12-31 AU$4.22 Million -11.98%
2004-12-31 AU$4.80 Million -12.23%
2003-12-31 AU$5.47 Million -7.71%
2002-12-31 AU$5.92 Million -5.93%
2001-12-31 AU$6.30 Million -3.60%
2000-12-31 AU$6.53 Million +3.58%
1999-12-31 AU$6.31 Million +1.57%
1998-12-31 AU$6.21 Million +2.95%
1997-12-31 AU$6.03 Million +2.39%
1996-12-31 AU$5.89 Million +0.42%
1995-12-31 AU$5.87 Million +3.29%
1994-12-31 AU$5.68 Million +1.41%
1993-12-31 AU$5.60 Million +28.29%
1992-12-31 AU$4.37 Million +3.80%
1991-12-31 AU$4.21 Million -0.07%
1990-12-31 AU$4.21 Million -0.31%
1989-12-31 AU$4.22 Million --

Equity Component Analysis

This analysis shows how different components contribute to First Au 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 1009.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$20.71 Million 944.06%
Total Equity AU$2.19 Million 100.00%

First Au Ltd Competitors by Market Cap

The table below lists competitors of First Au Ltd ranked by their market capitalization.

Company Market Cap
Public Packages Holdings Bhd
KLSE:8273
 		$11.35 Million
archTIS Limited
OTCQB:ARHLF
 		$11.36 Million
Pelat Timah Nusantara Tbk
JK:NIKL
 		$11.36 Million
Amigo Technology Inc.
TWO:6241
 		$11.36 Million
AIR INDUSTRIES GR.DL-001
F:YH1
 		$11.35 Million
Les Docks des Pétroles d'Ambès -SA
PA:DPAM
 		$11.35 Million
Sahacogen (Chonburi) Public Company Limited
BK:SCG
 		$11.35 Million
TAG Oil Ltd.
OTCQX:TAOIF
 		$11.35 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,567,147 to 2,194,025, a change of -373,122 (-14.5%).
  • Net loss of 978,606 reduced equity.
  • Share repurchases of 19,500 reduced equity.
  • New share issuances of 624,985 increased equity.
  • Other comprehensive income decreased equity by 93,377.
  • Other factors increased equity by 93,376.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-978.61K -44.6%
Share Repurchases AU$19.50K -0.89%
Share Issuances AU$624.99K +28.49%
Other Comprehensive Income AU$-93.38K -4.26%
Other Changes AU$93.38K +4.26%
Total Change AU$- -14.53%

Book Value vs Market Value Analysis

This analysis compares First Au 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: 11.70x
  • 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 0.98x to 11.70x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-12-31 AU$0.02 AU$0.02 x
1990-12-31 AU$0.02 AU$0.02 x
1991-12-31 AU$0.02 AU$0.02 x
1992-12-31 AU$0.29 AU$0.02 x
1993-12-31 AU$0.37 AU$0.02 x
1994-12-31 AU$0.38 AU$0.02 x
1995-12-31 AU$0.39 AU$0.02 x
1996-12-31 AU$0.39 AU$0.02 x
1997-12-31 AU$0.40 AU$0.02 x
1998-12-31 AU$0.41 AU$0.02 x
1999-12-31 AU$0.42 AU$0.02 x
2000-12-31 AU$0.44 AU$0.02 x
2001-12-31 AU$0.42 AU$0.02 x
2002-12-31 AU$0.40 AU$0.02 x
2003-12-31 AU$0.36 AU$0.02 x
2004-12-31 AU$0.32 AU$0.02 x
2005-12-31 AU$0.29 AU$0.02 x
2006-12-31 AU$0.29 AU$0.02 x
2007-12-31 AU$0.26 AU$0.02 x
2008-12-31 AU$0.19 AU$0.02 x
2009-12-31 AU$0.18 AU$0.02 x
2010-12-31 AU$0.13 AU$0.02 x
2011-12-31 AU$0.11 AU$0.02 x
2012-12-31 AU$0.10 AU$0.02 x
2013-12-31 AU$0.10 AU$0.02 x
2014-12-31 AU$0.01 AU$0.02 x
2015-12-31 AU$0.01 AU$0.02 x
2016-12-31 AU$0.01 AU$0.02 x
2017-12-31 AU$0.01 AU$0.02 x
2018-12-31 AU$0.03 AU$0.02 x
2019-12-31 AU$0.01 AU$0.02 x
2020-12-31 AU$0.01 AU$0.02 x
2021-12-31 AU$0.01 AU$0.02 x
2022-12-31 AU$0.00 AU$0.02 x
2023-12-31 AU$0.00 AU$0.02 x
2024-12-31 AU$0.00 AU$0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently First Au 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): -44.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1404.15%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 1.07x
  • Recent ROE (-44.60%) is below the historical average (-37.88%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1989 0.78% 0.00% 0.00x 1.08x AU$-389.10K
1990 0.10% 0.00% 0.00x 1.06x AU$-416.80K
1996 3.24% 0.00% 0.00x 1.05x AU$-398.04K
1998 2.87% 0.00% 0.00x 1.01x AU$-442.92K
1999 1.54% 0.00% 0.00x 1.00x AU$-533.22K
2000 6.20% 141.11% 0.04x 1.00x AU$-248.24K
2001 -1.35% -31.48% 0.04x 1.03x AU$-714.75K
2002 -4.41% -127.32% 0.03x 1.02x AU$-853.40K
2003 -7.55% -398.66% 0.02x 1.01x AU$-959.71K
2004 -15.00% -100.98% 0.14x 1.03x AU$-1.20 Million
2005 -14.25% -60.65% 0.23x 1.03x AU$-1.04 Million
2006 -17.39% -51.69% 0.25x 1.36x AU$-1.21 Million
2007 6.69% 22.81% 0.23x 1.26x AU$-127.03K
2008 -13.40% -90.36% 0.13x 1.18x AU$-679.29K
2009 -30.55% -415.92% 0.07x 1.10x AU$-1.11 Million
2010 -22.55% -149.88% 0.14x 1.08x AU$-645.22K
2011 -16.33% -310.84% 0.05x 1.07x AU$-423.94K
2012 -15.40% -297.39% 0.05x 1.02x AU$-379.16K
2013 -3.32% -20.52% 0.16x 1.03x AU$-190.65K
2014 15.48% 7.17% 2.00x 1.08x AU$8.31K
2015 -154.91% -4138.81% 0.04x 1.06x AU$-276.78K
2016 -54.17% -12560.06% 0.00x 1.23x AU$-255.91K
2017 -197.59% -26850.00% 0.01x 1.40x AU$-476.73K
2018 -78.39% -7557.50% 0.01x 1.03x AU$-4.08 Million
2019 -123.94% -21079.25% 0.01x 1.03x AU$-2.99 Million
2020 -68.99% -344.39% 0.18x 1.14x AU$-2.73 Million
2021 -74.42% -4748.14% 0.01x 1.05x AU$-4.40 Million
2022 -143.22% -1438.11% 0.09x 1.08x AU$-4.01 Million
2023 -71.63% -10294.59% 0.01x 1.08x AU$-2.10 Million
2024 -44.60% -1404.15% 0.03x 1.07x AU$-1.20 Million

Industry Comparison

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

Industry Context

  • Industry: Gold
  • Average net assets among peers: $23,959,302
  • Average return on equity (ROE) among peers: -1270.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
First Au Ltd (FAU) AU$2.23 Million 0.78% 0.12x $11.35 Million
Australasian Metals Ltd (A8G) $5.85 Million -16.53% 0.05x $1.25 Million
Ariana Resources Plc (AA2) $21.37 Million -1.02% 0.03x $43.13 Million
Aruma Resources Ltd (AAJ) $1.10 Million -25.68% 0.39x $2.13 Million
Astral Resources NL (AAR) $4.81K -12574.39% 0.18x $138.29 Million
Adelong Gold Ltd (ADG) $911.18K -70.31% 0.11x $6.07 Million
Ardiden Ltd (ADV) $5.54 Million -12.67% 0.11x $10.37 Million
Ark Mines Ltd (AHK) $-7.71 Million 0.00% 0.00x $8.35 Million
Aureka Ltd (AKA) $28.36 Million 9.46% 0.19x $6.23 Million
Alkane Resources Ltd (ALK) $174.22 Million -3.54% 0.15x $203.33 Million
Alchemy Resources Ltd (ALY) $9.94 Million -8.10% 0.02x $4.22 Million