Grange Resources Ltd (GRR) - Net Assets
Based on the latest financial reports, Grange Resources Ltd (GRR) has net assets worth AU$1.08 Billion AUD (≈ $760.72 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$1.32 Billion ≈ $936.55 Million USD) and total liabilities (AU$248.51 Million ≈ $175.84 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 Grange Resources Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Grange Resources Ltd asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Grange Resources Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$1.06 Billion ≈ $750.91 Million |
+2.90% |
| 2023-12-31 | AU$1.03 Billion ≈ $729.73 Million |
+14.07% |
| 2022-12-31 | AU$904.13 Million ≈ $639.73 Million |
+3.78% |
| 2021-12-31 | AU$871.22 Million ≈ $616.44 Million |
+22.35% |
| 2020-12-31 | AU$712.09 Million ≈ $503.85 Million |
+33.84% |
| 2019-12-31 | AU$532.05 Million ≈ $376.46 Million |
+11.35% |
| 2018-12-31 | AU$477.83 Million ≈ $338.10 Million |
+23.29% |
| 2017-12-31 | AU$387.58 Million ≈ $274.24 Million |
+16.51% |
| 2016-12-31 | AU$332.65 Million ≈ $235.37 Million |
+35.48% |
| 2015-12-31 | AU$245.54 Million ≈ $173.73 Million |
-54.12% |
| 2014-12-31 | AU$535.20 Million ≈ $378.69 Million |
-19.94% |
| 2013-12-31 | AU$668.48 Million ≈ $472.99 Million |
-10.61% |
| 2012-12-31 | AU$747.80 Million ≈ $529.12 Million |
-1.25% |
| 2011-12-31 | AU$757.30 Million ≈ $535.84 Million |
+34.50% |
| 2010-12-31 | AU$563.06 Million ≈ $398.40 Million |
-0.18% |
| 2009-12-31 | AU$564.05 Million ≈ $399.10 Million |
+112.38% |
| 2008-12-31 | AU$265.58 Million ≈ $187.92 Million |
+179.23% |
| 2007-12-31 | AU$95.11 Million ≈ $67.30 Million |
+108.01% |
| 2006-12-31 | AU$45.73 Million ≈ $32.35 Million |
+34.94% |
| 2005-12-31 | AU$33.88 Million ≈ $23.98 Million |
+76.95% |
| 2004-12-31 | AU$19.15 Million ≈ $13.55 Million |
+11.74% |
| 2003-12-31 | AU$17.14 Million ≈ $12.13 Million |
+54.32% |
| 2002-12-31 | AU$11.11 Million ≈ $7.86 Million |
-28.32% |
| 2001-12-31 | AU$15.49 Million ≈ $10.96 Million |
-12.29% |
| 2000-12-31 | AU$17.66 Million ≈ $12.50 Million |
-42.18% |
| 1999-12-31 | AU$30.55 Million ≈ $21.62 Million |
+34.03% |
| 1998-12-31 | AU$22.79 Million ≈ $16.13 Million |
+82.75% |
| 1997-12-31 | AU$12.47 Million ≈ $8.83 Million |
-25.67% |
| 1996-12-31 | AU$16.78 Million ≈ $11.87 Million |
+0.03% |
| 1995-12-31 | AU$16.78 Million ≈ $11.87 Million |
+8.75% |
| 1994-12-31 | AU$15.43 Million ≈ $10.91 Million |
-24.17% |
| 1993-12-31 | AU$20.34 Million ≈ $14.39 Million |
-11.12% |
| 1992-12-31 | AU$22.89 Million ≈ $16.19 Million |
+122.77% |
| 1991-12-31 | AU$10.27 Million ≈ $7.27 Million |
+155.38% |
| 1990-12-31 | AU$4.02 Million ≈ $2.85 Million |
+24.74% |
| 1989-12-31 | AU$3.23 Million ≈ $2.28 Million |
-18.64% |
| 1988-12-31 | AU$3.96 Million ≈ $2.80 Million |
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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.
| Company | Market Cap |
|---|---|
|
Hung -Gu Oil Ltd
KQ:024060
|
$131.06 Million |
|
First Steamship Co Ltd
TW:2601
|
$131.22 Million |
|
Mi Chang Oil
KO:003650
|
$131.24 Million |
|
Igarashi Motors India Limited
NSE:IGARASHI
|
$131.25 Million |
|
Flügger group A/S
CO:FLUG-B
|
$130.86 Million |
|
Tharimmune Inc.
NASDAQ:THAR
|
$130.84 Million |
|
Companhia Estadual de Distribuição de Energia Elétrica
SA:CEED3
|
$130.80 Million |
|
Harbin Bank Co. Ltd
F:5H6
|
$130.79 Million |
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: 0.17x
- 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 46.71x to 0.17x 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$0.16 | x |
| 1989-12-31 | AU$0.00 | AU$0.16 | x |
| 1990-12-31 | AU$0.00 | AU$0.16 | x |
| 1991-12-31 | AU$0.01 | AU$0.16 | x |
| 1992-12-31 | AU$0.02 | AU$0.16 | x |
| 1993-12-31 | AU$0.02 | AU$0.16 | x |
| 1994-12-31 | AU$0.01 | AU$0.16 | x |
| 1995-12-31 | AU$0.01 | AU$0.16 | x |
| 1996-12-31 | AU$0.01 | AU$0.16 | x |
| 1997-12-31 | AU$0.01 | AU$0.16 | x |
| 1998-12-31 | AU$0.02 | AU$0.16 | x |
| 1999-12-31 | AU$0.03 | AU$0.16 | x |
| 2000-12-31 | AU$0.02 | AU$0.16 | x |
| 2001-12-31 | AU$0.01 | AU$0.16 | x |
| 2002-12-31 | AU$0.01 | AU$0.16 | x |
| 2003-12-31 | AU$0.01 | AU$0.16 | x |
| 2004-12-31 | AU$0.02 | AU$0.16 | x |
| 2005-12-31 | AU$0.03 | AU$0.16 | x |
| 2006-12-31 | AU$0.04 | AU$0.16 | x |
| 2007-12-31 | AU$0.08 | AU$0.16 | x |
| 2008-12-31 | AU$0.23 | AU$0.16 | x |
| 2009-12-31 | AU$0.00 | AU$0.16 | x |
| 2010-12-31 | AU$0.52 | AU$0.16 | x |
| 2011-12-31 | AU$0.65 | AU$0.16 | x |
| 2012-12-31 | AU$0.65 | AU$0.16 | x |
| 2013-12-31 | AU$0.58 | AU$0.16 | x |
| 2014-12-31 | AU$0.46 | AU$0.16 | x |
| 2015-12-31 | AU$0.21 | AU$0.16 | x |
| 2016-12-31 | AU$0.29 | AU$0.16 | x |
| 2017-12-31 | AU$0.33 | AU$0.16 | x |
| 2018-12-31 | AU$0.41 | AU$0.16 | x |
| 2019-12-31 | AU$0.46 | AU$0.16 | x |
| 2020-12-31 | AU$0.62 | AU$0.16 | x |
| 2021-12-31 | AU$0.75 | AU$0.16 | x |
| 2022-12-31 | AU$0.78 | AU$0.16 | x |
| 2023-12-31 | AU$0.89 | AU$0.16 | x |
| 2024-12-31 | AU$0.91 | AU$0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grange Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.24%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.23x
- Recent ROE (5.52%) is below the historical average (307.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 1.34% | 0.00% | 0.00x | 1.02x | AU$-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: $805,069,811
- Average return on equity (ROE) among peers: -1900.22%
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 | $131.02 Million |
| BCI Minerals Ltd (BCI) | $103.61 Million | 12.45% | 0.26x | $694.65 Million |
| Bisalloy Steel Group Ltd (BIS) | $72.56 Million | 17.63% | 0.55x | $151.26 Million |
| Bluescope Steel Ltd (BSL) | $6.89 Billion | 22.78% | 0.59x | $9.49 Billion |
| Equinox Resources Ltd (EQN) | $1.00 | 0.00% | 0.00x | $6.61 Million |
| Equatorial Resources Ltd (EQX) | $114.52K | -17116.09% | 2.44x | $15.81 Million |
| FENIX Resources Ltd (FEX) | $7.45 Million | -17.10% | 0.02x | $163.30 Million |
| GWR Group Ltd (GWR) | $49.26 Million | -19.96% | 0.03x | $24.04 Million |
| Iron Road Ltd (IRD) | $125.29 Million | -1.73% | 0.06x | $10.01 Million |
| Macro Metals Ltd (M4M) | $-264.33K | 0.00% | 0.00x | $19.40 Million |
About Grange Resources Ltd
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