Grange Resources Ltd

AU:GRR Australia Steel
Market Cap
$143.32 Million
AU$231.47 Million AUD
Market Cap Rank
#19798 Global
#330 in Australia
Share Price
AU$0.20
Change (1 day)
-2.44%
52-Week Range
AU$0.17 - AU$0.30
All Time High
AU$1.58
About

Grange Resources Limited owns and operates integrated iron ore mining and pellet production business in Australia and internationally. The company is involved in the mining, processing, and sale of iron ore; and exploration, evaluation, and development of mineral resources. It owns interest in the Savage River project located in 100km southwest of the city of Burnie; the Pellet Plant project situ… Read more

Grange Resources Ltd (GRR) - Net Assets

Latest net assets as of June 2025: AU$1.08 Billion AUD

Based on the latest financial reports, Grange Resources Ltd (GRR) has net assets worth AU$1.08 Billion 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$1.32 Billion) and total liabilities (AU$248.51 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$1.08 Billion
% of Total Assets 81.23%
Annual Growth Rate 16.8%
5-Year Change 49.03%
10-Year Change 332.22%
Growth Volatility 53.32

Grange Resources Ltd - Net Assets Trend (1988–2024)

This chart illustrates how Grange Resources 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 Grange Resources Ltd (1988–2024)

The table below shows the annual net assets of Grange Resources Ltd from 1988 to 2024.

Year Net Assets Change
2024-12-31 AU$1.06 Billion +2.90%
2023-12-31 AU$1.03 Billion +14.07%
2022-12-31 AU$904.13 Million +3.78%
2021-12-31 AU$871.22 Million +22.35%
2020-12-31 AU$712.09 Million +33.84%
2019-12-31 AU$532.05 Million +11.35%
2018-12-31 AU$477.83 Million +23.29%
2017-12-31 AU$387.58 Million +16.51%
2016-12-31 AU$332.65 Million +35.48%
2015-12-31 AU$245.54 Million -54.12%
2014-12-31 AU$535.20 Million -19.94%
2013-12-31 AU$668.48 Million -10.61%
2012-12-31 AU$747.80 Million -1.25%
2011-12-31 AU$757.30 Million +34.50%
2010-12-31 AU$563.06 Million -0.18%
2009-12-31 AU$564.05 Million +112.38%
2008-12-31 AU$265.58 Million +179.23%
2007-12-31 AU$95.11 Million +108.01%
2006-12-31 AU$45.73 Million +34.94%
2005-12-31 AU$33.88 Million +76.95%
2004-12-31 AU$19.15 Million +11.74%
2003-12-31 AU$17.14 Million +54.32%
2002-12-31 AU$11.11 Million -28.32%
2001-12-31 AU$15.49 Million -12.29%
2000-12-31 AU$17.66 Million -42.18%
1999-12-31 AU$30.55 Million +34.03%
1998-12-31 AU$22.79 Million +82.75%
1997-12-31 AU$12.47 Million -25.67%
1996-12-31 AU$16.78 Million +0.03%
1995-12-31 AU$16.78 Million +8.75%
1994-12-31 AU$15.43 Million -24.17%
1993-12-31 AU$20.34 Million -11.12%
1992-12-31 AU$22.89 Million +122.77%
1991-12-31 AU$10.27 Million +155.38%
1990-12-31 AU$4.02 Million +24.74%
1989-12-31 AU$3.23 Million -18.64%
1988-12-31 AU$3.96 Million --

Equity Component Analysis

This analysis shows how different components contribute to Grange 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 73140500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings AU$731.40 Million 68.92%
Common Stock AU$331.51 Million 31.24%
Other Comprehensive Income AU$-1.66 Million -0.16%
Total Equity AU$1.06 Billion 100.00%

Grange Resources Ltd Competitors by Market Cap

The table below lists competitors of Grange Resources Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,031,326,000 to 1,061,261,000, a change of 29,935,000 (2.9%).
  • Net income of 58,549,000 contributed positively to equity growth.
  • Dividend payments of 28,934,000 reduced retained earnings.
  • Other comprehensive income increased equity by 320,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$58.55 Million +5.52%
Dividends Paid AU$28.93 Million -2.73%
Other Comprehensive Income AU$320.00K +0.03%
Total Change AU$- 2.90%

Book Value vs Market Value Analysis

This analysis compares Grange 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: 0.22x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 58.39x to 0.22x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1988-12-31 AU$0.00 AU$0.20 x
1989-12-31 AU$0.00 AU$0.20 x
1990-12-31 AU$0.00 AU$0.20 x
1991-12-31 AU$0.01 AU$0.20 x
1992-12-31 AU$0.02 AU$0.20 x
1993-12-31 AU$0.02 AU$0.20 x
1994-12-31 AU$0.01 AU$0.20 x
1995-12-31 AU$0.01 AU$0.20 x
1996-12-31 AU$0.01 AU$0.20 x
1997-12-31 AU$0.01 AU$0.20 x
1998-12-31 AU$0.02 AU$0.20 x
1999-12-31 AU$0.03 AU$0.20 x
2000-12-31 AU$0.02 AU$0.20 x
2001-12-31 AU$0.01 AU$0.20 x
2002-12-31 AU$0.01 AU$0.20 x
2003-12-31 AU$0.01 AU$0.20 x
2004-12-31 AU$0.02 AU$0.20 x
2005-12-31 AU$0.03 AU$0.20 x
2006-12-31 AU$0.04 AU$0.20 x
2007-12-31 AU$0.08 AU$0.20 x
2008-12-31 AU$0.23 AU$0.20 x
2009-12-31 AU$0.00 AU$0.20 x
2010-12-31 AU$0.52 AU$0.20 x
2011-12-31 AU$0.65 AU$0.20 x
2012-12-31 AU$0.65 AU$0.20 x
2013-12-31 AU$0.58 AU$0.20 x
2014-12-31 AU$0.46 AU$0.20 x
2015-12-31 AU$0.21 AU$0.20 x
2016-12-31 AU$0.29 AU$0.20 x
2017-12-31 AU$0.33 AU$0.20 x
2018-12-31 AU$0.41 AU$0.20 x
2019-12-31 AU$0.46 AU$0.20 x
2020-12-31 AU$0.62 AU$0.20 x
2021-12-31 AU$0.75 AU$0.20 x
2022-12-31 AU$0.78 AU$0.20 x
2023-12-31 AU$0.89 AU$0.20 x
2024-12-31 AU$0.91 AU$0.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grange 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): 5.52%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.24%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 1.23x
  • Recent ROE (5.52%) is below the historical average (307.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1988 1.34% 0.00% 0.00x 1.02x AU$-343.40K
1989 68.59% 0.00% 0.00x 1.03x AU$1.89 Million
1996 0.33% 0.00% 0.00x 1.05x AU$-1.62 Million
1997 -15.70% 0.00% 0.00x 1.92x AU$-3.21 Million
1998 47.96% 0.00% 0.00x 1.23x AU$8.65 Million
1999 -63.08% -134.12% 0.36x 1.30x AU$-22.33 Million
2000 -72.96% -61.59% 0.91x 1.30x AU$-14.65 Million
2001 -10.36% -6.67% 1.24x 1.25x AU$-3.15 Million
2002 -19.89% -35.97% 0.37x 1.48x AU$-3.32 Million
2003 29.20% 18.84% 1.25x 1.24x AU$3.29 Million
2004 -26.60% -129.36% 0.17x 1.24x AU$-7.01 Million
2005 5.71% 26.01% 0.19x 1.14x AU$-1.45 Million
2006 -1.69% -27.07% 0.06x 1.11x AU$-5.35 Million
2007 0.98% 606.00% 0.00x 1.06x AU$-8.56 Million
2008 32.39% 24.16% 0.53x 2.55x AU$59.48 Million
2009 9434.73% 18.84% 0.33x 1503.51x AU$42.60 Million
2010 19.99% 29.11% 0.48x 1.42x AU$56.24 Million
2011 28.60% 52.77% 0.43x 1.26x AU$140.84 Million
2012 4.80% 10.84% 0.36x 1.22x AU$-38.88 Million
2013 3.83% 9.11% 0.35x 1.19x AU$-41.23 Million
2014 -20.58% -37.07% 0.47x 1.17x AU$-163.68 Million
2015 -113.15% -135.15% 0.60x 1.39x AU$-302.37 Million
2016 27.93% 33.62% 0.64x 1.29x AU$59.64 Million
2017 15.66% 24.49% 0.51x 1.26x AU$21.96 Million
2018 23.72% 30.78% 0.60x 1.27x AU$65.55 Million
2019 14.59% 21.07% 0.53x 1.30x AU$24.44 Million
2020 28.63% 38.79% 0.60x 1.23x AU$132.85 Million
2021 36.99% 41.23% 0.70x 1.29x AU$235.14 Million
2022 18.99% 28.88% 0.54x 1.21x AU$81.32 Million
2023 14.55% 24.42% 0.49x 1.21x AU$46.97 Million
2024 5.52% 11.24% 0.40x 1.23x AU$-47.58 Million

Industry Comparison

This section compares Grange Resources Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $44,486,332
  • Average return on equity (ROE) among peers: -20.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Grange Resources Ltd (GRR) AU$1.08 Billion 1.34% 0.23x $68.42 Million
BCI Minerals Ltd (BCI) $5.03 Million -14.90% 0.04x $342.29 Million
Bisalloy Steel Group Ltd (BIS) $58.08 Million -7.09% 2.55x $82.82 Million
Equinox Resources Ltd (EQN) $15.42 Million -7.94% 0.03x $3.12 Million
Equatorial Resources Ltd (EQX) $70.15 Million -9.19% 0.03x $8.75 Million
FENIX Resources Ltd (FEX) $4.02 Million -19.24% 0.13x $92.21 Million
GWR Group Ltd (GWR) $31.69 Million -14.29% 0.02x $20.10 Million
Macro Metals Ltd (M4M) $6.30 Million -109.34% 0.21x $9.50 Million
Pearl Gull Iron Ltd (PLG) $-1.88 Million 0.00% 0.00x $2.39 Million
Sims Ltd (SGM) $211.56 Million 0.21% 0.96x $1.85 Billion