FENIX Resources Ltd (FEX) - Net Assets
Based on the latest financial reports, FENIX Resources Ltd (FEX) has net assets worth AU$177.77 Million AUD (≈ $125.78 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$364.47 Million ≈ $257.89 Million USD) and total liabilities (AU$186.70 Million ≈ $132.10 Million 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 tangible equity quality of FENIX Resources Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$177.77 Million |
| % of Total Assets | 48.77% |
| Annual Growth Rate | 53.83% |
| 5-Year Change | 130.09% |
| 10-Year Change | 9595.08% |
| Growth Volatility | 917.8 |
FENIX Resources Ltd - Net Assets Trend (2008–2025)
This chart illustrates how FENIX Resources Ltd's net assets have evolved over time, based on quarterly financial data. See FEX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for FENIX Resources Ltd (2008–2025)
The table below shows the annual net assets of FENIX Resources Ltd from 2008 to 2025. For live valuation and market cap data, see FENIX Resources Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$177.77 Million ≈ $125.78 Million |
+6.87% |
| 2024-06-30 | AU$166.34 Million ≈ $117.70 Million |
+33.25% |
| 2023-06-30 | AU$124.84 Million ≈ $88.33 Million |
+15.35% |
| 2022-06-30 | AU$108.22 Million ≈ $76.57 Million |
+40.07% |
| 2021-06-30 | AU$77.26 Million ≈ $54.67 Million |
+936.58% |
| 2020-06-30 | AU$7.45 Million ≈ $5.27 Million |
-8.83% |
| 2019-06-30 | AU$8.18 Million ≈ $5.78 Million |
+2199.07% |
| 2018-06-30 | AU$355.58K ≈ $251.60K |
-72.20% |
| 2017-06-30 | AU$1.28 Million ≈ $904.97K |
-30.25% |
| 2016-06-30 | AU$1.83 Million ≈ $1.30 Million |
-50.39% |
| 2015-06-30 | AU$3.70 Million ≈ $2.62 Million |
-47.55% |
| 2014-06-30 | AU$7.05 Million ≈ $4.99 Million |
-1.72% |
| 2013-06-30 | AU$7.17 Million ≈ $5.07 Million |
-16.89% |
| 2012-06-30 | AU$8.63 Million ≈ $6.10 Million |
-21.13% |
| 2011-06-30 | AU$10.94 Million ≈ $7.74 Million |
+34.71% |
| 2010-06-30 | AU$8.12 Million ≈ $5.75 Million |
+101.88% |
| 2009-06-30 | AU$4.02 Million ≈ $2.85 Million |
+3319.51% |
| 2008-06-30 | AU$117.63K ≈ $83.23K |
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Equity Component Analysis
This analysis shows how different components contribute to FENIX 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 grown by 7979536700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$79.43 Million | 44.68% |
| Common Stock | AU$93.96 Million | 52.85% |
| Other Comprehensive Income | AU$4.38 Million | 2.46% |
| Total Equity | AU$177.77 Million | 100.00% |
FENIX Resources Ltd Competitors by Market Cap
The table below lists competitors of FENIX Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKYX Platforms Corp
NASDAQ:SKYX
|
$131.79 Million |
|
Paramita Bangun Sarana Tbk PT
JK:PBSA
|
$131.84 Million |
|
Graphene Manufacturing Group Ltd
V:GMG
|
$131.90 Million |
|
AMREP Corporation
NYSE:AXR
|
$131.99 Million |
|
Atlas Salt Inc
V:SALT
|
$131.69 Million |
|
WiSoL CO.LTD
KQ:122990
|
$131.59 Million |
|
VYTRUS BIOTECH EO -01
F:V5P
|
$131.54 Million |
|
Fate Therapeutics Inc
NASDAQ:FATE
|
$131.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FENIX Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 166,340,303 to 177,770,000, a change of 11,429,697 (6.9%).
- Net income of 5,395,000 contributed positively to equity growth.
- Dividend payments of 289,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,574,655.
- Other factors increased equity by 7,898,352.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$5.39 Million | +3.03% |
| Dividends Paid | AU$289.00K | -0.16% |
| Other Comprehensive Income | AU$-1.57 Million | -0.89% |
| Other Changes | AU$7.90 Million | +4.44% |
| Total Change | AU$- | 6.87% |
Book Value vs Market Value Analysis
This analysis compares FENIX 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: 1.06x
- 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 539.21x to 1.06x 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$0.00 | AU$0.25 | x |
| 2009-06-30 | AU$0.01 | AU$0.25 | x |
| 2010-06-30 | AU$0.02 | AU$0.25 | x |
| 2011-06-30 | AU$0.03 | AU$0.25 | x |
| 2012-06-30 | AU$0.02 | AU$0.25 | x |
| 2013-06-30 | AU$0.17 | AU$0.25 | x |
| 2014-06-30 | AU$0.16 | AU$0.25 | x |
| 2015-06-30 | AU$0.08 | AU$0.25 | x |
| 2016-06-30 | AU$0.04 | AU$0.25 | x |
| 2017-06-30 | AU$0.03 | AU$0.25 | x |
| 2018-06-30 | AU$0.01 | AU$0.25 | x |
| 2019-06-30 | AU$0.05 | AU$0.25 | x |
| 2020-06-30 | AU$0.03 | AU$0.25 | x |
| 2021-06-30 | AU$0.15 | AU$0.25 | x |
| 2022-06-30 | AU$0.19 | AU$0.25 | x |
| 2023-06-30 | AU$0.20 | AU$0.25 | x |
| 2024-06-30 | AU$0.21 | AU$0.25 | x |
| 2025-06-30 | AU$0.24 | AU$0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FENIX Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.05x
- Recent ROE (3.03%) is above the historical average (-47.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -306.90% | 0.00% | 0.00x | 43.57x | AU$-372.76K |
| 2009 | -19.24% | -979.75% | 0.02x | 1.13x | AU$-1.18 Million |
| 2010 | -22.52% | -2203.61% | 0.01x | 1.07x | AU$-2.64 Million |
| 2011 | -13.50% | -1758.33% | 0.01x | 1.04x | AU$-2.57 Million |
| 2012 | -73.83% | -5491.38% | 0.01x | 1.01x | AU$-7.23 Million |
| 2013 | -20.36% | -224615.38% | 0.00x | 1.01x | AU$-2.18 Million |
| 2014 | -5.22% | -364.36% | 0.01x | 1.01x | AU$-1.07 Million |
| 2015 | -90.67% | -4796.74% | 0.02x | 1.01x | AU$-3.72 Million |
| 2016 | -101.55% | -3160.22% | 0.03x | 1.03x | AU$-2.05 Million |
| 2017 | -43.39% | -1430.04% | 0.03x | 1.03x | AU$-682.90K |
| 2018 | -259.58% | -4883.60% | 0.04x | 1.30x | AU$-958.56K |
| 2019 | -31.97% | -8214.92% | 0.00x | 1.08x | AU$-3.43 Million |
| 2020 | -17.10% | -1.11% | 15.06x | 1.02x | AU$-2.02 Million |
| 2021 | 63.47% | 42.88% | 0.98x | 1.51x | AU$41.31 Million |
| 2022 | 46.84% | 20.35% | 1.64x | 1.41x | AU$39.87 Million |
| 2023 | 23.43% | 14.86% | 1.04x | 1.51x | AU$16.77 Million |
| 2024 | 20.22% | 12.98% | 0.97x | 1.60x | AU$17.00 Million |
| 2025 | 3.03% | 1.71% | 0.87x | 2.05x | AU$-12.38 Million |
Industry Comparison
This section compares FENIX Resources Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $592,236,430
- Average return on equity (ROE) among peers: -36.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FENIX Resources Ltd (FEX) | AU$177.77 Million | -306.90% | 1.05x | $131.69 Million |
| BCI Minerals Ltd (BCI) | $172.66 Million | 12.73% | 0.32x | $715.08 Million |
| Bisalloy Steel Group Ltd (BIS) | $39.97 Million | 0.20% | 2.95x | $152.96 Million |
| Bluescope Steel Ltd (BSL) | $4.46 Billion | -0.97% | 0.69x | $10.30 Billion |
| Equinox Resources Ltd (EQN) | $16.63 Million | -18.29% | 0.01x | $6.61 Million |
| Equatorial Resources Ltd (EQX) | $21.18 Million | -5.37% | 0.02x | $14.42 Million |
| Grange Resources Ltd (GRR) | $477.83 Million | 23.72% | 0.27x | $122.83 Million |
| GWR Group Ltd (GWR) | $18.99 Million | -109.77% | 0.05x | $24.04 Million |
| Iron Road Ltd (IRD) | $124.78 Million | -5.35% | 0.04x | $8.24 Million |
| Macro Metals Ltd (M4M) | $1.39 Million | -223.14% | 0.18x | $22.63 Million |
About FENIX Resources Ltd
Fenix Resources Limited provides mining, logistics, and port services in Western Australia. The company's flagship property is the 100% owned Iron Ridge Iron Ore project located in Western Australia. It operates three iron ore mines in the Mid-West region of Western Australia. The company also provides fully integrated mine-to-port haulage services; and operates on-wharf storage and ship-loading … Read more