Iluka Resources Ltd
Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally. The company operates through Mineral Sands, Rare Earths, and Idle segments. It produces zircon; titanium dioxide products of rutile and synthetic rutile; and ilmenite, as well as ac… Read more
Iluka Resources Ltd (ILU) - Net Assets
Latest net assets as of December 2025: AU$2.07 Billion AUD
Based on the latest financial reports, Iluka Resources Ltd (ILU) has net assets worth AU$2.07 Billion 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$4.23 Billion) and total liabilities (AU$2.16 Billion). 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$2.07 Billion |
| % of Total Assets | 48.87% |
| Annual Growth Rate | 10.08% |
| 5-Year Change | 29.74% |
| 10-Year Change | 87.56% |
| Growth Volatility | 52.49 |
Iluka Resources Ltd - Net Assets Trend (1987–2025)
This chart illustrates how Iluka 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 Iluka Resources Ltd (1987–2025)
The table below shows the annual net assets of Iluka Resources Ltd from 1987 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$2.07 Billion | -12.35% |
| 2024-12-31 | AU$2.36 Billion | +9.35% |
| 2023-12-31 | AU$2.16 Billion | +13.92% |
| 2022-12-31 | AU$1.89 Billion | +18.83% |
| 2021-12-31 | AU$1.59 Billion | +23.39% |
| 2020-12-31 | AU$1.29 Billion | +81.60% |
| 2019-12-31 | AU$711.60 Million | -35.89% |
| 2018-12-31 | AU$1.11 Billion | +25.35% |
| 2017-12-31 | AU$885.50 Million | -19.72% |
| 2016-12-31 | AU$1.10 Billion | -21.70% |
| 2015-12-31 | AU$1.41 Billion | -1.81% |
| 2014-12-31 | AU$1.43 Billion | -6.73% |
| 2013-12-31 | AU$1.54 Billion | -1.85% |
| 2012-12-31 | AU$1.57 Billion | +2.11% |
| 2011-12-31 | AU$1.53 Billion | +36.47% |
| 2010-12-31 | AU$1.12 Billion | +2.68% |
| 2009-12-31 | AU$1.10 Billion | +5.52% |
| 2008-12-31 | AU$1.04 Billion | +38.11% |
| 2007-12-31 | AU$751.60 Million | +4.90% |
| 2006-12-31 | AU$716.50 Million | -5.36% |
| 2005-12-31 | AU$757.10 Million | -23.38% |
| 2004-12-31 | AU$988.10 Million | +4.99% |
| 2003-12-31 | AU$941.10 Million | +7.06% |
| 2002-12-31 | AU$879.00 Million | +16.09% |
| 2001-12-31 | AU$757.20 Million | +0.32% |
| 2000-12-31 | AU$754.80 Million | +4.00% |
| 1999-12-31 | AU$725.80 Million | -19.39% |
| 1998-12-31 | AU$900.40 Million | +299.01% |
| 1997-12-31 | AU$225.66 Million | +7.79% |
| 1996-12-31 | AU$209.34 Million | +6.14% |
| 1995-12-31 | AU$197.23 Million | +50.55% |
| 1994-12-31 | AU$131.01 Million | +6.68% |
| 1993-12-31 | AU$122.81 Million | +5.30% |
| 1992-12-31 | AU$116.62 Million | +7.31% |
| 1991-12-31 | AU$108.68 Million | +8.31% |
| 1990-12-31 | AU$100.34 Million | +9.64% |
| 1989-12-31 | AU$91.51 Million | +70.06% |
| 1987-12-31 | AU$53.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Iluka 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 4747.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$875.60 Million | 42.32% |
| Common Stock | AU$1.17 Billion | 56.40% |
| Other Comprehensive Income | AU$26.50 Million | 1.28% |
| Total Equity | AU$2.07 Billion | 100.00% |
Iluka Resources Ltd Competitors by Market Cap
The table below lists competitors of Iluka Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
United Internet AG
PINK:UDIRF
|
$1.47 Billion |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$1.47 Billion |
|
TPG Telecom Limited
PINK:TPGTF
|
$1.47 Billion |
|
Carmila SA
PA:CARM
|
$1.47 Billion |
|
Minmetals Capital Co Ltd
SHG:600390
|
$1.46 Billion |
|
Shenzhen Sinexcel Electric Co Ltd
SHE:300693
|
$1.46 Billion |
|
Mind Medicine Inc
NASDAQ:MNMD
|
$1.46 Billion |
|
Douzone Bizon Co Ltd
KO:012510
|
$1.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iluka Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,360,400,000 to 2,068,800,000, a change of -291,600,000 (-12.4%).
- Net loss of 288,400,000 reduced equity.
- Dividend payments of 25,200,000 reduced retained earnings.
- Share repurchases of 500,000 reduced equity.
- Other comprehensive income increased equity by 15,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-288.40 Million | -13.94% |
| Dividends Paid | AU$25.20 Million | -1.22% |
| Share Repurchases | AU$500.00K | -0.02% |
| Other Comprehensive Income | AU$15.30 Million | +0.74% |
| Other Changes | AU$7.20 Million | +0.35% |
| Total Change | AU$- | -12.35% |
Book Value vs Market Value Analysis
This analysis compares Iluka 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: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 40.08x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | AU$0.16 | AU$6.24 | x |
| 1989-12-31 | AU$0.26 | AU$6.24 | x |
| 1990-12-31 | AU$0.29 | AU$6.24 | x |
| 1991-12-31 | AU$0.31 | AU$6.24 | x |
| 1992-12-31 | AU$0.34 | AU$6.24 | x |
| 1993-12-31 | AU$0.35 | AU$6.24 | x |
| 1994-12-31 | AU$0.37 | AU$6.24 | x |
| 1995-12-31 | AU$0.57 | AU$6.24 | x |
| 1996-12-31 | AU$0.61 | AU$6.24 | x |
| 1997-12-31 | AU$0.65 | AU$6.24 | x |
| 1998-12-31 | AU$1.79 | AU$6.24 | x |
| 1999-12-31 | AU$1.88 | AU$6.24 | x |
| 2000-12-31 | AU$1.94 | AU$6.24 | x |
| 2001-12-31 | AU$2.00 | AU$6.24 | x |
| 2002-12-31 | AU$2.39 | AU$6.24 | x |
| 2003-12-31 | AU$2.57 | AU$6.24 | x |
| 2004-12-31 | AU$2.67 | AU$6.24 | x |
| 2005-12-31 | AU$1.99 | AU$6.24 | x |
| 2006-12-31 | AU$1.87 | AU$6.24 | x |
| 2007-12-31 | AU$1.98 | AU$6.24 | x |
| 2008-12-31 | AU$2.83 | AU$6.24 | x |
| 2009-12-31 | AU$2.70 | AU$6.24 | x |
| 2010-12-31 | AU$2.69 | AU$6.24 | x |
| 2011-12-31 | AU$3.66 | AU$6.24 | x |
| 2012-12-31 | AU$3.76 | AU$6.24 | x |
| 2013-12-31 | AU$3.66 | AU$6.24 | x |
| 2014-12-31 | AU$3.43 | AU$6.24 | x |
| 2015-12-31 | AU$3.36 | AU$6.24 | x |
| 2016-12-31 | AU$2.64 | AU$6.24 | x |
| 2017-12-31 | AU$2.12 | AU$6.24 | x |
| 2018-12-31 | AU$2.62 | AU$6.24 | x |
| 2019-12-31 | AU$1.68 | AU$6.24 | x |
| 2020-12-31 | AU$3.04 | AU$6.24 | x |
| 2021-12-31 | AU$3.75 | AU$6.24 | x |
| 2022-12-31 | AU$4.48 | AU$6.24 | x |
| 2023-12-31 | AU$5.03 | AU$6.24 | x |
| 2024-12-31 | AU$5.47 | AU$6.24 | x |
| 2025-12-31 | AU$4.82 | AU$6.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iluka Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.40%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.05x
- Recent ROE (-13.94%) is below the historical average (8.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.06% | 0.00% | 0.00x | 1.37x | AU$-12.02 Million |
| 1994 | 0.02% | 0.00% | 0.00x | 1.34x | AU$-12.90 Million |
| 1995 | 0.63% | 0.00% | 0.00x | 1.28x | AU$-18.44 Million |
| 1997 | 9.40% | 0.00% | 0.00x | 1.60x | AU$-1.36 Million |
| 1998 | 0.45% | 0.00% | 0.00x | 3.86x | AU$-58.95 Million |
| 1999 | 2.51% | 0.00% | 0.00x | 2.37x | AU$-48.67 Million |
| 2000 | -0.91% | -0.74% | 0.53x | 2.32x | AU$-73.27 Million |
| 2001 | 0.87% | 0.67% | 0.58x | 2.27x | AU$-63.12 Million |
| 2002 | -0.15% | -0.13% | 0.52x | 2.09x | AU$-83.75 Million |
| 2003 | -0.24% | -0.27% | 0.45x | 1.96x | AU$-90.77 Million |
| 2004 | -1.27% | -1.42% | 0.45x | 1.98x | AU$-103.99 Million |
| 2005 | -12.47% | -9.26% | 0.50x | 2.71x | AU$-154.78 Million |
| 2006 | 3.24% | 2.07% | 0.54x | 2.88x | AU$-43.72 Million |
| 2007 | 7.48% | 5.68% | 0.48x | 2.73x | AU$-17.26 Million |
| 2008 | 7.91% | 7.84% | 0.48x | 2.10x | AU$-20.48 Million |
| 2009 | -9.92% | -20.34% | 0.25x | 1.92x | AU$-218.13 Million |
| 2010 | 3.21% | 4.13% | 0.45x | 1.72x | AU$-76.36 Million |
| 2011 | 35.30% | 35.26% | 0.63x | 1.60x | AU$388.33 Million |
| 2012 | 23.18% | 33.95% | 0.44x | 1.55x | AU$206.49 Million |
| 2013 | 1.20% | 2.42% | 0.32x | 1.54x | AU$-135.31 Million |
| 2014 | -4.36% | -8.62% | 0.33x | 1.51x | AU$-205.96 Million |
| 2015 | 3.80% | 6.53% | 0.39x | 1.49x | AU$-87.36 Million |
| 2016 | -20.31% | -30.84% | 0.30x | 2.21x | AU$-334.30 Million |
| 2017 | -19.38% | -16.86% | 0.52x | 2.20x | AU$-260.15 Million |
| 2018 | 27.38% | 23.48% | 0.59x | 1.99x | AU$192.90 Million |
| 2019 | -39.44% | -22.72% | 0.60x | 2.89x | AU$-350.86 Million |
| 2020 | 186.69% | 243.63% | 0.39x | 1.96x | AU$2.28 Billion |
| 2021 | 22.96% | 27.79% | 0.47x | 1.76x | AU$206.48 Million |
| 2022 | 30.85% | 36.28% | 0.50x | 1.69x | AU$395.02 Million |
| 2023 | 15.87% | 26.54% | 0.39x | 1.54x | AU$126.75 Million |
| 2024 | 9.80% | 19.76% | 0.31x | 1.59x | AU$-4.74 Million |
| 2025 | -13.94% | -28.40% | 0.24x | 2.05x | AU$-495.28 Million |
Industry Comparison
This section compares Iluka Resources 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: $9,339,254
- Average return on equity (ROE) among peers: 42.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Iluka Resources Ltd (ILU) | AU$2.07 Billion | 0.06% | 1.05x | $1.46 Billion |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.05K |
| Morella Corporation Ltd (1MC) | $8.23 Million | -36.37% | 0.56x | $2.66 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $25.25 Million |
| Atlantic Lithium Ltd (A11) | $40.35 Million | -16.38% | 0.05x | $99.45 Million |
| African Gold Ltd (A1G) | $11.08 Million | -18.17% | 0.05x | $153.83 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | -13.29% | 0.05x | $949.11K |
| Audalia Resources Ltd (ACP) | $4.75 Million | -16.80% | 1.00x | $938.54K |
| Accent Resources NL (ACS) | $21.95 Million | -4.18% | 0.01x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $959.07K |
| Admiralty Resources NL (ADY) | $6.58 Million | 531.63% | 0.65x | $5.70 Million |