GR Engineering Services Ltd (GNG) - Net Assets
Based on the latest financial reports, GR Engineering Services Ltd (GNG) has net assets worth AU$70.38 Million AUD (≈ $49.80 Million USD) 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 ≈ $147.30 Million USD) and total liabilities (AU$137.81 Million ≈ $97.51 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 GR Engineering Services Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of GR Engineering Services Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see GNG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$68.85 Million ≈ $48.71 Million |
+3.80% |
| 2024-06-30 | AU$66.33 Million ≈ $46.93 Million |
+11.04% |
| 2023-06-30 | AU$59.73 Million ≈ $42.26 Million |
-3.91% |
| 2022-06-30 | AU$62.16 Million ≈ $43.98 Million |
+20.37% |
| 2021-06-30 | AU$51.64 Million ≈ $36.54 Million |
+48.89% |
| 2020-06-30 | AU$34.68 Million ≈ $24.54 Million |
-25.28% |
| 2019-06-30 | AU$46.42 Million ≈ $32.84 Million |
-11.54% |
| 2018-06-30 | AU$52.47 Million ≈ $37.13 Million |
+7.38% |
| 2017-06-30 | AU$48.86 Million ≈ $34.57 Million |
-6.02% |
| 2016-06-30 | AU$51.99 Million ≈ $36.79 Million |
+6.71% |
| 2015-06-30 | AU$48.72 Million ≈ $34.48 Million |
+4.66% |
| 2014-06-30 | AU$46.56 Million ≈ $32.94 Million |
+13.03% |
| 2013-06-30 | AU$41.19 Million ≈ $29.15 Million |
-2.37% |
| 2012-06-30 | AU$42.19 Million ≈ $29.85 Million |
+3.32% |
| 2011-06-30 | AU$40.83 Million ≈ $28.89 Million |
+300.92% |
| 2010-06-30 | AU$10.19 Million ≈ $7.21 Million |
+38.57% |
| 2009-06-30 | AU$7.35 Million ≈ $5.20 Million |
+155.30% |
| 2008-06-30 | AU$2.88 Million ≈ $2.04 Million |
+26272.73% |
| 2007-06-30 | AU$-11.00K ≈ $-7.78K |
-- |
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 |
|---|---|
|
Zhengzhou Tiamaes Technology Co Ltd
SHE:300807
|
$557.75 Million |
|
Klöckner & Co SE
XETRA:KCO
|
$557.78 Million |
|
Gogo Inc
NASDAQ:GOGO
|
$558.17 Million |
|
ENF Technology Co. Ltd
KQ:102710
|
$558.19 Million |
|
Pubang Landscape Architecture Co Ltd
SHE:002663
|
$557.32 Million |
|
SNT Motiv Co Ltd
KO:064960
|
$557.25 Million |
|
Qingdao Vland Biotech Co Ltd
SHG:603739
|
$557.24 Million |
|
Canadian Tire Corporation Limited
TO:CTC
|
$557.19 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: 11.61x
- 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 14.31x to 11.61x 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$4.64 | x |
| 2012-06-30 | AU$0.28 | AU$4.64 | x |
| 2013-06-30 | AU$0.27 | AU$4.64 | x |
| 2014-06-30 | AU$0.30 | AU$4.64 | x |
| 2015-06-30 | AU$0.32 | AU$4.64 | x |
| 2016-06-30 | AU$0.34 | AU$4.64 | x |
| 2017-06-30 | AU$0.32 | AU$4.64 | x |
| 2018-06-30 | AU$0.34 | AU$4.64 | x |
| 2019-06-30 | AU$0.30 | AU$4.64 | x |
| 2020-06-30 | AU$0.23 | AU$4.64 | x |
| 2021-06-30 | AU$0.32 | AU$4.64 | x |
| 2022-06-30 | AU$0.37 | AU$4.64 | x |
| 2023-06-30 | AU$0.36 | AU$4.64 | x |
| 2024-06-30 | AU$0.39 | AU$4.64 | x |
| 2025-06-30 | AU$0.40 | AU$4.64 | 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: $5,711,623
- Average return on equity (ROE) among peers: -27.49%
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 | $557.44 Million |
| Morella Corporation Ltd (1MC) | $16.53 Million | -35.29% | 0.29x | $8.08 Million |
| Amaero Ltd (3DA) | $29.43 Million | -63.84% | 0.70x | $252.75 Million |
| 6K Additive Inc (6KA) | $-42.72 Million | 0.00% | 0.00x | $160.74 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $151.02 Million |
| African Gold Ltd (A1G) | $11.13 Million | -22.75% | 0.07x | $419.02 Million |
| Albright Metals Ltd (ABR) | $10.99 Million | -9.29% | 0.07x | $3.68 Million |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $14.72 Million |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $16.28 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.13 Million |
| Andromeda Metals Ltd (ADN) | $11.27 Million | 35.85% | 0.04x | $26.17 Million |
About 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