Frontier Energy Ltd (FHE) - Net Assets

Latest as of June 2025: AU$81.58 Million AUD ≈ $57.72 Million USD

Based on the latest financial reports, Frontier Energy Ltd (FHE) has net assets worth AU$81.58 Million AUD (≈ $57.72 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$82.43 Million ≈ $58.33 Million USD) and total liabilities (AU$855.45K ≈ $605.28K 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 FHE asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$81.58 Million
% of Total Assets	98.96%
Annual Growth Rate	18.53%
5-Year Change	2878.85%
10-Year Change	N/A
Growth Volatility	318.02

Frontier Energy Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Frontier Energy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Frontier Energy Ltd for the complete picture of this company's asset base.

Annual Net Assets for Frontier Energy Ltd (2009–2024)

The table below shows the annual net assets of Frontier Energy Ltd from 2009 to 2024. For live valuation and market cap data, see how much is Frontier Energy Ltd worth.

Year	Net Assets	Change
2024-12-31	AU$81.27 Million ≈ $57.50 Million	-2.60%
2023-12-31	AU$83.44 Million ≈ $59.04 Million	+213.90%
2022-12-31	AU$26.58 Million ≈ $18.81 Million	+1138.31%
2021-12-31	AU$2.15 Million ≈ $1.52 Million	-21.32%
2020-12-31	AU$2.73 Million ≈ $1.93 Million	+64.87%
2019-12-31	AU$1.65 Million ≈ $1.17 Million	-61.10%
2018-12-31	AU$4.25 Million ≈ $3.01 Million	+183.19%
2017-12-31	AU$1.50 Million ≈ $1.06 Million	+32.48%
2016-12-31	AU$1.13 Million ≈ $802.45K	+875.32%
2015-12-31	AU$-146.28K ≈ $-103.50K	-164.91%
2014-12-31	AU$225.36K ≈ $159.45K	-85.49%
2013-12-31	AU$1.55 Million ≈ $1.10 Million	-51.13%
2011-12-31	AU$3.18 Million ≈ $2.25 Million	-22.85%
2010-12-31	AU$4.12 Million ≈ $2.91 Million	-35.07%
2009-12-31	AU$6.34 Million ≈ $4.49 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Frontier Energy 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 4158545600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$120.94 Million	147.51%
Other Comprehensive Income	AU$3.75 Million	4.58%
Other Components	AU$414.00	0.00%
Total Equity	AU$81.99 Million	100.00%

Frontier Energy Ltd Competitors by Market Cap

The table below lists competitors of Frontier Energy Ltd ranked by their market capitalization.

Company	Market Cap
GBM Resources Ltd AU:GBZ	$105.50 Million
Onano Industrial Corp TW:6405	$105.52 Million
Tian Zheng International Precision Machinery Co Ltd TWO:6654	$105.54 Million
Majestic Gold Corp. V:MJS	$105.59 Million
Americas Car-Mart Inc NASDAQ:CRMT	$105.43 Million
Hurriyet Gazetecilik ve Matbaacilik AS IS:HURGZ	$105.41 Million
Hanil Feed Co. Ltd KQ:005860	$105.34 Million
Darya-Varia Laboratoria Tbk JK:DVLA	$105.33 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 84,163,174 to 81,987,964, a change of -2,175,210 (-2.6%).
Net loss of 18,129,000 reduced equity.
Share repurchases of 1,123,477 reduced equity.
New share issuances of 16,754,135 increased equity.
Other comprehensive income decreased equity by 327,969.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-18.13 Million	-22.11%
Share Repurchases	AU$1.12 Million	-1.37%
Share Issuances	AU$16.75 Million	+20.43%
Other Comprehensive Income	AU$-327.97K	-0.4%
Other Changes	AU$651.10K	+0.79%
Total Change	AU$-	-2.58%

Book Value vs Market Value Analysis

This analysis compares Frontier Energy 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: 1.51x
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 18.64x to 1.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	AU$0.01	AU$0.27	x
2010-12-31	AU$0.01	AU$0.27	x
2011-12-31	AU$0.21	AU$0.27	x
2012-12-31	AU$0.20	AU$0.27	x
2013-12-31	AU$0.17	AU$0.27	x
2014-12-31	AU$0.00	AU$0.27	x
2015-12-31	AU$0.00	AU$0.27	x
2016-12-31	AU$0.12	AU$0.27	x
2017-12-31	AU$0.07	AU$0.27	x
2018-12-31	AU$0.05	AU$0.27	x
2019-12-31	AU$0.02	AU$0.27	x
2020-12-31	AU$0.03	AU$0.27	x
2021-12-31	AU$0.01	AU$0.27	x
2022-12-31	AU$0.09	AU$0.27	x
2023-12-31	AU$0.23	AU$0.27	x
2024-12-31	AU$0.17	AU$0.27	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Frontier Energy 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): -22.11%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -4673.99%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.02x
Recent ROE (-22.11%) is above the historical average (-125.06%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	-17.71%	-5210.04%	0.00x	1.02x	AU$-1.76 Million
2010	-59.53%	-9944.03%	0.01x	1.02x	AU$-2.86 Million
2011	-20.55%	-217.67%	0.09x	1.02x	AU$-970.76K
2012	-129.82%	0.00%	0.00x	0.00x	AU$-2.53 Million
2013	-61.88%	-8723.67%	0.01x	1.04x	AU$-1.12 Million
2014	-606.12%	-1731.94%	0.21x	1.67x	AU$-1.39 Million
2015	0.00%	-3318.27%	0.04x	0.00x	AU$-385.52K
2016	-13.86%	-121831.01%	0.00x	1.36x	AU$-270.57K
2017	-24.95%	-1249283.33%	0.00x	1.04x	AU$-525.03K
2018	-381.82%	-66760.23%	0.00x	1.29x	AU$-16.67 Million
2019	-424.03%	-29257.15%	0.01x	1.50x	AU$-7.18 Million
2020	-61.74%	-206007.40%	0.00x	0.68x	AU$-3.04 Million
2021	-155.62%	-182116.79%	0.00x	1.97x	AU$-2.66 Million
2022	-23.65%	-4431.78%	0.00x	1.37x	AU$-7.86 Million
2023	2.44%	741.92%	0.00x	1.06x	AU$-6.36 Million
2024	-22.11%	-4673.99%	0.00x	1.02x	AU$-26.33 Million

Industry Comparison

This section compares Frontier Energy Ltd's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

Industry: Utilities - Renewable
Average net assets among peers: $583,256,418
Average return on equity (ROE) among peers: -56.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Frontier Energy Ltd (FHE)	AU$81.58 Million	-17.71%	0.01x	$105.48 Million
Botala Energy Ltd (BTE)	$2.45 Million	-3.94%	0.18x	$15.48 Million
Carnegie Clean Energy Ltd (CCE)	$3.44 Million	-42.40%	0.02x	$17.02 Million
Delorean Corporation Ltd (DEL)	$16.27 Million	-19.73%	0.77x	$13.72 Million
Green Critical Minerals Ltd (GCM)	$11.29 Million	-18.96%	0.09x	$26.48 Million
Janus Electric Holdings Ltd (JNS)	$50.45 Million	-208.31%	0.21x	$14.90 Million
LGI Ltd (LGI)	$57.77 Million	11.21%	0.96x	$264.95 Million
Meridian Energy Ltd (MEZ)	$5.08 Billion	3.46%	0.89x	$8.78 Billion
Timah Resources Ltd (TML)	$19.43 Million	-18.11%	1.56x	$2.95 Million
Volt Power Group Ltd (VPR)	$5.21 Million	-216.10%	0.05x	$17.95 Million

About Frontier Energy Ltd

AU:FHE Australia Utilities - Renewable

Market Cap

$105.48 Million

AU$149.08 Million AUD

Market Cap Rank

#18976 Global

#622 in Australia

Share Price

AU$0.27

Change (1 day)

-3.64%

52-Week Range

AU$0.18 - AU$0.34

All Time High

AU$1.25