GR Engineering Services Ltd
GR Engineering Services Limited provides engineering, process control, automation, and construction services to the mining and mineral processing industries in Australia and internationally. The company operates through Mineral Processing and Oil & Gas segments. It also offers feasibility studies, such as scoping, pre-feasibility, and definitive level studies, as well as study work and services t… Read more
GR Engineering Services Ltd (GNG) - Net Assets
Latest net assets as of December 2025: AU$70.38 Million AUD
Based on the latest financial reports, GR Engineering Services Ltd (GNG) has net assets worth AU$70.38 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$208.18 Million) and total liabilities (AU$137.81 Million). 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$70.38 Million |
| % of Total Assets | 33.81% |
| Annual Growth Rate | N/A |
| 5-Year Change | 33.32% |
| 10-Year Change | 32.42% |
| Growth Volatility | 77.26 |
GR Engineering Services Ltd - Net Assets Trend (2007–2025)
This chart illustrates how GR Engineering Services 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 GR Engineering Services Ltd (2007–2025)
The table below shows the annual net assets of GR Engineering Services Ltd from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$68.85 Million | +3.80% |
| 2024-06-30 | AU$66.33 Million | +11.04% |
| 2023-06-30 | AU$59.73 Million | -3.91% |
| 2022-06-30 | AU$62.16 Million | +20.37% |
| 2021-06-30 | AU$51.64 Million | +48.89% |
| 2020-06-30 | AU$34.68 Million | -25.28% |
| 2019-06-30 | AU$46.42 Million | -11.54% |
| 2018-06-30 | AU$52.47 Million | +7.38% |
| 2017-06-30 | AU$48.86 Million | -6.02% |
| 2016-06-30 | AU$51.99 Million | +6.71% |
| 2015-06-30 | AU$48.72 Million | +4.66% |
| 2014-06-30 | AU$46.56 Million | +13.03% |
| 2013-06-30 | AU$41.19 Million | -2.37% |
| 2012-06-30 | AU$42.19 Million | +3.32% |
| 2011-06-30 | AU$40.83 Million | +300.92% |
| 2010-06-30 | AU$10.19 Million | +38.57% |
| 2009-06-30 | AU$7.35 Million | +155.30% |
| 2008-06-30 | AU$2.88 Million | +26272.73% |
| 2007-06-30 | AU$-11.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to GR Engineering Services 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 499.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$17.27 Million | 25.08% |
| Common Stock | AU$47.64 Million | 69.19% |
| Other Comprehensive Income | AU$3.94 Million | 5.73% |
| Total Equity | AU$68.85 Million | 100.00% |
GR Engineering Services Ltd Competitors by Market Cap
The table below lists competitors of GR Engineering Services Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEXCOM International Co Ltd
TWO:8234
|
$203.60 Million |
|
Changzhou Shenli Electrical Machine Incorporated Co
SHG:603819
|
$203.63 Million |
|
Hankook Shell Oil
KO:002960
|
$203.66 Million |
|
Websol Energy System Limited
NSE:WEBELSOLAR
|
$203.68 Million |
|
Nanchang Mineral Systems Co. Ltd. A
SHE:001360
|
$203.49 Million |
|
Nanjing Railway New Technology Co.Ltd.
SHE:301016
|
$203.48 Million |
|
Aurotek Corp
TW:6215
|
$203.44 Million |
|
Banpu Power Public Company Limited
BK:BPP
|
$203.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GR Engineering Services Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 66,326,522 to 68,847,800, a change of 2,521,278 (3.8%).
- Net income of 34,208,692 contributed positively to equity growth.
- Dividend payments of 33,429,694 reduced retained earnings.
- Other comprehensive income increased equity by 1,485,569.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$34.21 Million | +49.69% |
| Dividends Paid | AU$33.43 Million | -48.56% |
| Other Comprehensive Income | AU$1.49 Million | +2.16% |
| Other Changes | AU$256.71K | +0.37% |
| Total Change | AU$- | 3.80% |
Book Value vs Market Value Analysis
This analysis compares GR Engineering Services 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: 10.08x
- 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 12.43x to 10.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | AU$0.32 | AU$4.03 | x |
| 2012-06-30 | AU$0.28 | AU$4.03 | x |
| 2013-06-30 | AU$0.27 | AU$4.03 | x |
| 2014-06-30 | AU$0.30 | AU$4.03 | x |
| 2015-06-30 | AU$0.32 | AU$4.03 | x |
| 2016-06-30 | AU$0.34 | AU$4.03 | x |
| 2017-06-30 | AU$0.32 | AU$4.03 | x |
| 2018-06-30 | AU$0.34 | AU$4.03 | x |
| 2019-06-30 | AU$0.30 | AU$4.03 | x |
| 2020-06-30 | AU$0.23 | AU$4.03 | x |
| 2021-06-30 | AU$0.32 | AU$4.03 | x |
| 2022-06-30 | AU$0.37 | AU$4.03 | x |
| 2023-06-30 | AU$0.36 | AU$4.03 | x |
| 2024-06-30 | AU$0.39 | AU$4.03 | x |
| 2025-06-30 | AU$0.40 | AU$4.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GR Engineering Services 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): 49.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.14%
- • Asset Turnover: 2.49x
- • Equity Multiplier: 2.80x
- Recent ROE (49.69%) is above the historical average (32.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 51.67% | 14.79% | 2.07x | 1.69x | AU$17.01 Million |
| 2012 | 31.09% | 8.57% | 2.39x | 1.52x | AU$8.90 Million |
| 2013 | 18.30% | 6.57% | 1.81x | 1.54x | AU$3.42 Million |
| 2014 | 30.42% | 12.41% | 1.41x | 1.73x | AU$9.51 Million |
| 2015 | 26.55% | 5.96% | 2.11x | 2.11x | AU$8.07 Million |
| 2016 | 37.20% | 7.57% | 2.32x | 2.12x | AU$14.14 Million |
| 2017 | 26.33% | 5.38% | 1.83x | 2.67x | AU$7.98 Million |
| 2018 | 22.19% | 4.11% | 3.35x | 1.61x | AU$6.39 Million |
| 2019 | 14.07% | 3.57% | 2.24x | 1.76x | AU$1.89 Million |
| 2020 | -20.90% | -3.26% | 2.25x | 2.85x | AU$-10.72 Million |
| 2021 | 45.00% | 5.92% | 2.45x | 3.10x | AU$18.08 Million |
| 2022 | 55.86% | 5.33% | 2.77x | 3.79x | AU$28.50 Million |
| 2023 | 46.02% | 4.99% | 2.84x | 3.25x | AU$21.52 Million |
| 2024 | 47.01% | 7.35% | 1.87x | 3.42x | AU$24.55 Million |
| 2025 | 49.69% | 7.14% | 2.49x | 2.80x | AU$27.32 Million |
Industry Comparison
This section compares GR Engineering Services 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: $18,826,689
- Average return on equity (ROE) among peers: -37.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GR Engineering Services Ltd (GNG) | AU$70.38 Million | 51.67% | 1.96x | $203.49 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.03K |
| Morella Corporation Ltd (1MC) | $64.99 Million | -144.24% | 4.26x | $2.93 Million |
| 6K Additive Inc (6KA) | $62.92 Million | -28.47% | 0.10x | $24.39 Million |
| Atlantic Lithium Ltd (A11) | $15.58 Million | -14.80% | 0.03x | $91.16 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $169.49 Million |
| Albright Metals Ltd (ABR) | $7.74 Million | -10.47% | 0.03x | $949.11K |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $1.74 Million | -130.20% | 4.99x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $939.49K |
| Admiralty Resources NL (ADY) | $6.66 Million | 0.00% | 0.34x | $5.70 Million |