Healius Ltd (HLS) - Net Assets

Latest as of December 2025: AU$557.10 Million AUD ≈ $394.18 Million USD

Based on the latest financial reports, Healius Ltd (HLS) has net assets worth AU$557.10 Million AUD (≈ $394.18 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$1.77 Billion ≈ $1.25 Billion USD) and total liabilities (AU$1.22 Billion ≈ $860.68 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 Healius Ltd (HLS) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$557.10 Million
% of Total Assets	31.41%
Annual Growth Rate	12.32%
5-Year Change	-68.35%
10-Year Change	-75.78%
Growth Volatility	69.9

Healius Ltd - Net Assets Trend (1998–2025)

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

Annual Net Assets for Healius Ltd (1998–2025)

The table below shows the annual net assets of Healius Ltd from 1998 to 2025. For live valuation and market cap data, see market value of Healius Ltd.

Year	Net Assets	Change
2025-06-30	AU$587.90 Million ≈ $415.98 Million	-43.51%
2024-06-30	AU$1.04 Billion ≈ $736.36 Million	-30.91%
2023-06-30	AU$1.51 Billion ≈ $1.07 Billion	-21.62%
2022-06-30	AU$1.92 Billion ≈ $1.36 Billion	+3.46%
2021-06-30	AU$1.86 Billion ≈ $1.31 Billion	-3.83%
2020-06-30	AU$1.93 Billion ≈ $1.37 Billion	-5.84%
2019-06-30	AU$2.05 Billion ≈ $1.45 Billion	+12.77%
2018-06-30	AU$1.82 Billion ≈ $1.29 Billion	-2.69%
2017-06-30	AU$1.87 Billion ≈ $1.32 Billion	-23.01%
2016-06-30	AU$2.43 Billion ≈ $1.72 Billion	+0.51%
2015-06-30	AU$2.42 Billion ≈ $1.71 Billion	+1.87%
2014-06-30	AU$2.37 Billion ≈ $1.68 Billion	-11.49%
2013-06-30	AU$2.68 Billion ≈ $1.90 Billion	+4.11%
2012-06-30	AU$2.57 Billion ≈ $1.82 Billion	+2.74%
2011-06-30	AU$2.50 Billion ≈ $1.77 Billion	+1.38%
2010-06-30	AU$2.47 Billion ≈ $1.75 Billion	+16.70%
2009-06-30	AU$2.12 Billion ≈ $1.50 Billion	+20.19%
2008-06-30	AU$1.76 Billion ≈ $1.25 Billion	+330.17%
2007-06-30	AU$409.41 Million ≈ $289.68 Million	+4.33%
2006-06-30	AU$392.42 Million ≈ $277.66 Million	+22.62%
2005-06-30	AU$320.01 Million ≈ $226.43 Million	+61.17%
2004-06-30	AU$198.55 Million ≈ $140.49 Million	+6.59%
2003-06-30	AU$186.29 Million ≈ $131.81 Million	+7.97%
2002-06-30	AU$172.54 Million ≈ $122.08 Million	+54.98%
2001-06-30	AU$111.33 Million ≈ $78.78 Million	+0.98%
2000-06-30	AU$110.25 Million ≈ $78.01 Million	+134.54%
1999-06-30	AU$47.01 Million ≈ $33.26 Million	+84.29%
1998-06-30	AU$25.51 Million ≈ $18.05 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Healius 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 420921.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$2.60 Billion	442.93%
Other Comprehensive Income	AU$300.00K	0.05%
Total Equity	AU$587.90 Million	100.00%

Healius Ltd Competitors by Market Cap

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

Company	Market Cap
Jinpu Landscape Architecture Co.Ltd. SHE:301098	$254.35 Million
Crescendo Corporation Bhd KLSE:6718	$254.36 Million
SFC Energy AG XETRA:F3C	$254.36 Million
Aekyung Industrial Co Ltd KO:018250	$254.38 Million
Vitania Ltd TA:VTNA	$254.17 Million
Platinum Asia Investments Ltd AU:PAI	$254.09 Million
Huuuge Inc. WAR:HUG	$254.09 Million
Perimeter Acquisition Corp. I Class A Ordinary Shares NASDAQ:PMTR	$254.08 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,040,700,000 to 587,900,000, a change of -452,800,000 (-43.5%).
Net loss of 151,200,000 reduced equity.
Dividend payments of 299,900,000 reduced retained earnings.
Other comprehensive income decreased equity by 3,800,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-151.20 Million	-25.72%
Dividends Paid	AU$299.90 Million	-51.01%
Other Comprehensive Income	AU$-3.80 Million	-0.65%
Other Changes	AU$2.10 Million	+0.36%
Total Change	AU$-	-43.51%

Book Value vs Market Value Analysis

This analysis compares Healius 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: 0.61x
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 9.96x to 0.61x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-06-30	AU$0.05	AU$0.50	x
1999-06-30	AU$0.09	AU$0.50	x
2000-06-30	AU$1.06	AU$0.50	x
2001-06-30	AU$0.94	AU$0.50	x
2002-06-30	AU$1.40	AU$0.50	x
2003-06-30	AU$1.34	AU$0.50	x
2004-06-30	AU$1.40	AU$0.50	x
2005-06-30	AU$2.02	AU$0.50	x
2006-06-30	AU$2.29	AU$0.50	x
2007-06-30	AU$2.32	AU$0.50	x
2008-06-30	AU$5.67	AU$0.50	x
2009-06-30	AU$4.98	AU$0.50	x
2010-06-30	AU$4.81	AU$0.50	x
2011-06-30	AU$4.51	AU$0.50	x
2012-06-30	AU$4.59	AU$0.50	x
2013-06-30	AU$4.75	AU$0.50	x
2014-06-30	AU$4.19	AU$0.50	x
2015-06-30	AU$4.70	AU$0.50	x
2016-06-30	AU$4.16	AU$0.50	x
2017-06-30	AU$3.20	AU$0.50	x
2018-06-30	AU$3.48	AU$0.50	x
2019-06-30	AU$3.13	AU$0.50	x
2020-06-30	AU$2.87	AU$0.50	x
2021-06-30	AU$2.74	AU$0.50	x
2022-06-30	AU$3.05	AU$0.50	x
2023-06-30	AU$2.45	AU$0.50	x
2024-06-30	AU$1.58	AU$0.50	x
2025-06-30	AU$0.81	AU$0.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Healius 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): -25.72%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -11.25%
• Asset Turnover: 0.76x
• Equity Multiplier: 3.02x
Recent ROE (-25.72%) is below the historical average (-0.06%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	8.95%	0.00%	0.00x	1.58x	AU$-268.83K
1999	8.78%	0.00%	0.00x	1.83x	AU$-572.90K
2000	4.93%	8.64%	0.39x	1.47x	AU$-5.59 Million
2001	5.68%	7.05%	0.41x	1.98x	AU$-4.81 Million
2002	3.67%	6.15%	0.36x	1.64x	AU$-10.92 Million
2003	6.76%	9.93%	0.43x	1.57x	AU$-6.04 Million
2004	9.09%	11.99%	0.50x	1.52x	AU$-1.81 Million
2005	8.73%	14.11%	0.44x	1.40x	AU$-4.07 Million
2006	12.10%	19.72%	0.44x	1.39x	AU$8.24 Million
2007	13.91%	20.98%	0.45x	1.48x	AU$16.00 Million
2008	0.39%	1.04%	0.14x	2.73x	AU$-168.94 Million
2009	5.13%	8.17%	0.35x	1.79x	AU$-102.81 Million
2010	5.35%	10.26%	0.35x	1.50x	AU$-114.58 Million
2011	3.13%	5.98%	0.34x	1.53x	AU$-171.65 Million
2012	4.54%	8.38%	0.36x	1.50x	AU$-140.16 Million
2013	5.61%	10.31%	0.37x	1.49x	AU$-117.60 Million
2014	6.86%	10.66%	0.41x	1.58x	AU$-74.40 Million
2015	5.28%	7.90%	0.41x	1.62x	AU$-113.86 Million
2016	1.58%	2.38%	0.45x	1.49x	AU$-204.21 Million
2017	-27.67%	-31.16%	0.53x	1.67x	AU$-703.56 Million
2018	0.23%	0.24%	0.56x	1.72x	AU$-177.79 Million
2019	2.70%	3.53%	0.47x	1.63x	AU$-149.81 Million
2020	-3.65%	-4.45%	0.35x	2.38x	AU$-263.63 Million
2021	2.35%	2.30%	0.50x	2.04x	AU$-142.03 Million
2022	16.02%	13.45%	0.55x	2.15x	AU$115.74 Million
2023	-24.42%	-21.55%	0.47x	2.43x	AU$-518.42 Million
2024	-62.05%	-36.98%	0.59x	2.87x	AU$-749.87 Million
2025	-25.72%	-11.25%	0.76x	3.02x	AU$-209.99 Million

Industry Comparison

This section compares Healius Ltd's net assets metrics with peer companies in the Diagnostics & Research industry.

Industry Context

Industry: Diagnostics & Research
Average net assets among peers: $10,951,289
Average return on equity (ROE) among peers: -39.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Healius Ltd (HLS)	AU$557.10 Million	8.95%	2.18x	$254.32 Million
Australian Clinical Labs Ltd (ACL)	$14.12 Million	-170.17%	7.56x	$256.90 Million
Bcal Diagnostics Ltd (BDX)	$9.64 Million	-35.12%	0.10x	$21.65 Million
Cryosite Ltd (CTE)	$3.87 Million	-25.46%	0.05x	$39.72 Million
Genetic Signatures Ltd (GSS)	$16.49 Million	-16.20%	0.07x	$14.14 Million
Genetic Technologies Ltd (GTG)	$20.83 Million	-26.20%	0.16x	$4.01 Million
Imagion Biosystems Ltd (IBX)	$13.31 Million	-45.28%	0.06x	$5.90 Million
Integral Diagnostics Ltd (IDX)	$2.54 Million	127.10%	0.00x	$585.79 Million
Inoviq Ltd (IIQ)	$2.83 Million	-115.42%	0.16x	$32.37 Million
Microba Life Sciences Ltd (MAP)	$14.94 Million	-50.37%	0.24x	$32.75 Million

About Healius Ltd

AU:HLS Australia Diagnostics & Research

Market Cap

$254.32 Million

AU$359.44 Million AUD

Market Cap Rank

#15624 Global

#432 in Australia

Share Price

AU$0.50

Change (1 day)

-1.98%

52-Week Range

AU$0.50 - AU$1.60

All Time High

AU$4.91