Future Battery Minerals Ltd
Ore Resources Limited explores for and develops mineral properties in Australia and the United States. It primarily explores for lithium, cobalt, nickel, zinc, gold, copper, REE, and base and precious metal deposits. The company was formerly known as Future Battery Minerals Limited and changed its name to Ore Resources Limited in November 2025. Ore Resources Limited was incorporated in 2011 and i… Read more
Future Battery Minerals Ltd (FBM) - Net Assets
Latest net assets as of June 2025: AU$28.89 Million AUD
Based on the latest financial reports, Future Battery Minerals Ltd (FBM) has net assets worth AU$28.89 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$29.47 Million) and total liabilities (AU$579.89K). 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$28.89 Million |
| % of Total Assets | 98.03% |
| Annual Growth Rate | 17.2% |
| 5-Year Change | 56.75% |
| 10-Year Change | 233.78% |
| Growth Volatility | 89.02 |
Future Battery Minerals Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Future Battery Minerals 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 Future Battery Minerals Ltd (2012–2025)
The table below shows the annual net assets of Future Battery Minerals Ltd from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$28.89 Million | -7.68% |
| 2024-06-30 | AU$31.30 Million | +29.62% |
| 2023-06-30 | AU$24.14 Million | -5.84% |
| 2022-06-30 | AU$25.64 Million | +39.12% |
| 2021-06-30 | AU$18.43 Million | +84.19% |
| 2020-06-30 | AU$10.01 Million | +98.11% |
| 2019-06-30 | AU$5.05 Million | -7.24% |
| 2018-06-30 | AU$5.44 Million | -29.47% |
| 2017-06-30 | AU$7.72 Million | -10.81% |
| 2016-06-30 | AU$8.66 Million | +109.91% |
| 2015-06-30 | AU$4.12 Million | -67.33% |
| 2014-06-30 | AU$12.62 Million | -12.72% |
| 2013-06-30 | AU$14.46 Million | +293.76% |
| 2012-06-30 | AU$3.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Future Battery Minerals 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 3078090600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$56.97 Million | 197.17% |
| Other Comprehensive Income | AU$3.45 Million | 11.95% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$28.89 Million | 100.00% |
Future Battery Minerals Ltd Competitors by Market Cap
The table below lists competitors of Future Battery Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JSW Pacific
TWO:5251
|
$19.21 Million |
|
CIMB Thai Bank Public Company Limited
BK:CIMBT
|
$19.21 Million |
|
As Commercial Industrial Company of Computers and Toys S.A.
AT:ASCO
|
$19.22 Million |
|
ADVENTURE INC
F:6OQ
|
$19.22 Million |
|
Likhitha Infrastructure Limited
NSE:LIKHITHA
|
$19.20 Million |
|
Panjawattana Plastic Public Company Limited
BK:PJW
|
$19.20 Million |
|
Bactiguard Holding AB (publ)
ST:BACTI-B
|
$19.20 Million |
|
BACTIGUARD HLDG B
F:5JE
|
$19.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Future Battery Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 29,402,963 to 28,891,467, a change of -511,496 (-1.7%).
- Net loss of 2,899,683 reduced equity.
- Share repurchases of 3,291 reduced equity.
- Other comprehensive income decreased equity by 3,212,206.
- Other factors increased equity by 5,603,684.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.90 Million | -10.04% |
| Share Repurchases | AU$3.29K | -0.01% |
| Other Comprehensive Income | AU$-3.21 Million | -11.12% |
| Other Changes | AU$5.60 Million | +19.4% |
| Total Change | AU$- | -1.74% |
Book Value vs Market Value Analysis
This analysis compares Future Battery Minerals 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: 1.50x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.25x to 1.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-06-30 | AU$0.26 | AU$0.07 | x |
| 2013-06-30 | AU$0.29 | AU$0.07 | x |
| 2014-06-30 | AU$0.21 | AU$0.07 | x |
| 2015-06-30 | AU$0.07 | AU$0.07 | x |
| 2016-06-30 | AU$0.09 | AU$0.07 | x |
| 2017-06-30 | AU$0.10 | AU$0.07 | x |
| 2018-06-30 | AU$0.06 | AU$0.07 | x |
| 2019-06-30 | AU$0.05 | AU$0.07 | x |
| 2020-06-30 | AU$0.08 | AU$0.07 | x |
| 2021-06-30 | AU$0.07 | AU$0.07 | x |
| 2022-06-30 | AU$0.07 | AU$0.07 | x |
| 2023-06-30 | AU$0.06 | AU$0.07 | x |
| 2024-06-30 | AU$0.05 | AU$0.07 | x |
| 2025-06-30 | AU$0.04 | AU$0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Future Battery Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -10.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-10.04%) is above the historical average (-18.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -20.28% | -551.85% | 0.04x | 1.02x | AU$-1.11 Million |
| 2013 | -7.56% | -986.80% | 0.01x | 1.18x | AU$-2.54 Million |
| 2014 | -7.30% | -3159.26% | 0.00x | 1.33x | AU$-2.18 Million |
| 2015 | -24.33% | -1226.44% | 0.01x | 2.00x | AU$-1.42 Million |
| 2016 | 29.00% | 5719.68% | 0.00x | 1.02x | AU$1.64 Million |
| 2017 | -24.87% | -386.06% | 0.06x | 1.01x | AU$-2.69 Million |
| 2018 | -67.58% | -3194.66% | 0.02x | 1.03x | AU$-4.22 Million |
| 2019 | -27.47% | 0.00% | 0.00x | 1.03x | AU$-1.89 Million |
| 2020 | -5.42% | -873.91% | 0.01x | 1.02x | AU$-1.54 Million |
| 2021 | -10.53% | -4447.57% | 0.00x | 1.18x | AU$-3.52 Million |
| 2022 | -22.92% | -333696.63% | 0.00x | 1.15x | AU$-7.68 Million |
| 2023 | -10.17% | -444.87% | 0.02x | 1.13x | AU$-4.77 Million |
| 2024 | -52.25% | -97118.48% | 0.00x | 1.10x | AU$-18.30 Million |
| 2025 | -10.04% | 0.00% | 0.00x | 1.02x | AU$-5.79 Million |
Industry Comparison
This section compares Future Battery Minerals 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 |
|---|---|---|---|---|
| Future Battery Minerals Ltd (FBM) | AU$28.89 Million | -20.28% | 0.02x | $19.21 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 |