Lion Selection Group Ltd (LSX) - Net Assets
Based on the latest financial reports, Lion Selection Group Ltd (LSX) has net assets worth AU$157.24 Million AUD (≈ $111.25 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$168.68 Million ≈ $119.35 Million USD) and total liabilities (AU$11.45 Million ≈ $8.10 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 Lion Selection Group Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$157.24 Million |
| % of Total Assets | 93.21% |
| Annual Growth Rate | -2.5% |
| 5-Year Change | 35.56% |
| 10-Year Change | 209.34% |
| Growth Volatility | 33.39 |
Lion Selection Group Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Lion Selection Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see LSX market cap.
Annual Net Assets for Lion Selection Group Ltd (2008–2025)
The table below shows the annual net assets of Lion Selection Group Ltd from 2008 to 2025. Also explore LSX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-07-31 | AU$127.52 Million ≈ $90.23 Million |
+44.92% |
| 2024-07-31 | AU$88.00 Million ≈ $62.26 Million |
-1.10% |
| 2023-07-31 | AU$88.97 Million ≈ $62.96 Million |
-8.21% |
| 2022-07-31 | AU$96.93 Million ≈ $68.59 Million |
+3.04% |
| 2021-07-31 | AU$94.07 Million ≈ $66.56 Million |
-5.77% |
| 2020-07-31 | AU$99.83 Million ≈ $70.64 Million |
+42.69% |
| 2019-07-31 | AU$69.97 Million ≈ $49.51 Million |
+51.07% |
| 2018-07-31 | AU$46.31 Million ≈ $32.77 Million |
+10.14% |
| 2017-07-31 | AU$42.05 Million ≈ $29.75 Million |
+2.01% |
| 2016-07-31 | AU$41.22 Million ≈ $29.17 Million |
+35.71% |
| 2015-07-31 | AU$30.38 Million ≈ $21.49 Million |
-52.46% |
| 2014-07-31 | AU$63.90 Million ≈ $45.22 Million |
+0.19% |
| 2013-07-31 | AU$63.78 Million ≈ $45.13 Million |
+8.96% |
| 2012-07-31 | AU$58.54 Million ≈ $41.42 Million |
-31.96% |
| 2011-07-31 | AU$86.03 Million ≈ $60.88 Million |
+15.63% |
| 2010-07-31 | AU$74.41 Million ≈ $52.65 Million |
+43.83% |
| 2009-07-31 | AU$51.73 Million ≈ $36.60 Million |
-73.63% |
| 2008-07-31 | AU$196.21 Million ≈ $138.83 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lion Selection Group 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 94.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (July 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$5.24 Million | 4.11% |
| Common Stock | AU$121.90 Million | 95.59% |
| Other Comprehensive Income | AU$385.00K | 0.30% |
| Other Components | AU$1.00 | 0.00% |
| Total Equity | AU$127.52 Million | 100.00% |
Lion Selection Group Ltd Competitors by Market Cap
The table below lists competitors of Lion Selection Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Loop Telecommunication International Inc
TW:3025
|
$92.24 Million |
|
Premier Polyfilm Limited
NSE:PREMIERPOL
|
$92.24 Million |
|
Viceroy Hotels Limited
NSE:VHLTD
|
$92.31 Million |
|
Freeman Gold Corp
V:FMAN
|
$92.35 Million |
|
SCOPE FLUIDICS SA ZY-10
F:S84
|
$92.23 Million |
|
Jung Shing Wire Co Ltd
TW:1617
|
$92.22 Million |
|
Amber International Holding Limited
NASDAQ:AMBR
|
$92.17 Million |
|
Fuzetec Technology Co Ltd
TWO:6642
|
$92.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lion Selection Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 87,996,000 to 127,523,000, a change of 39,527,000 (44.9%).
- Net income of 39,173,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 353,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$39.17 Million | +30.72% |
| Other Comprehensive Income | AU$354.00K | +0.28% |
| Other Changes | AU$1.00 | +0.0% |
| Total Change | AU$- | 44.92% |
Book Value vs Market Value Analysis
This analysis compares Lion Selection Group 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: 1.02x
- 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 1.27x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-07-31 | AU$0.72 | AU$0.91 | x |
| 2014-07-31 | AU$0.60 | AU$0.91 | x |
| 2015-07-31 | AU$0.28 | AU$0.91 | x |
| 2016-07-31 | AU$0.39 | AU$0.91 | x |
| 2017-07-31 | AU$0.39 | AU$0.91 | x |
| 2018-07-31 | AU$0.36 | AU$0.91 | x |
| 2019-07-31 | AU$0.47 | AU$0.91 | x |
| 2020-07-31 | AU$0.66 | AU$0.91 | x |
| 2021-07-31 | AU$0.63 | AU$0.91 | x |
| 2022-07-31 | AU$0.65 | AU$0.91 | x |
| 2023-07-31 | AU$0.63 | AU$0.91 | x |
| 2024-07-31 | AU$0.62 | AU$0.91 | x |
| 2025-07-31 | AU$0.89 | AU$0.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lion Selection Group 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): 30.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 84.49%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.04x
- Recent ROE (30.72%) is above the historical average (-1.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 30.48% | 128.78% | 0.24x | 1.00x | AU$15.24 Million |
| 2011 | 13.51% | 72.75% | 0.19x | 1.00x | AU$3.02 Million |
| 2012 | -46.12% | 0.00% | -0.46x | 1.00x | AU$-32.85 Million |
| 2013 | -3.18% | -191.59% | 0.02x | 1.00x | AU$-8.41 Million |
| 2014 | -3.55% | 0.00% | -0.01x | 1.00x | AU$-8.66 Million |
| 2015 | -110.37% | 0.00% | -1.06x | 1.00x | AU$-36.56 Million |
| 2016 | 26.31% | 89.96% | 0.29x | 1.00x | AU$6.72 Million |
| 2017 | -2.12% | -201.35% | 0.01x | 1.00x | AU$-5.10 Million |
| 2018 | -25.48% | 0.00% | -0.21x | 1.04x | AU$-16.43 Million |
| 2019 | 33.80% | 94.56% | 0.36x | 1.00x | AU$16.65 Million |
| 2020 | 29.91% | 94.69% | 0.32x | 1.00x | AU$19.88 Million |
| 2021 | -6.24% | -6306.45% | 0.00x | 1.03x | AU$-15.26 Million |
| 2022 | 9.32% | 108.45% | 0.09x | 1.01x | AU$-662.40K |
| 2023 | 0.65% | 27.35% | 0.02x | 1.02x | AU$-8.32 Million |
| 2024 | 1.26% | 32.68% | 0.04x | 1.01x | AU$-7.69 Million |
| 2025 | 30.72% | 84.49% | 0.35x | 1.04x | AU$26.42 Million |
Industry Comparison
This section compares Lion Selection Group Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $45,373,526
- Average return on equity (ROE) among peers: -218.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lion Selection Group Ltd (LSX) | AU$157.24 Million | 30.48% | 0.07x | $92.23 Million |
| Australasian Metals Ltd (A8G) | $7.19 Million | -3.48% | 0.03x | $4.98 Million |
| Ariana Resources Plc (AA2) | $43.27 Million | 6.22% | 0.05x | $45.50 Million |
| Aruma Resources Ltd (AAJ) | $22.04K | -1800.33% | 160.67x | $3.63 Million |
| Astral Resources NL (AAR) | $588.33K | -62.34% | 0.51x | $242.13 Million |
| Antilles Gold Ltd (AAU) | $25.68 Million | -2.46% | 0.07x | $16.24 Million |
| Adelong Gold Ltd (ADG) | $10.46 Million | -19.33% | 0.07x | $7.55 Million |
| Ardiden Ltd (ADV) | $590.83K | -101.21% | 0.36x | $50.94 Million |
| Australian Gold and Copper Ltd (AGC) | $18.99 Million | -0.02% | 0.00x | $25.72 Million |
| Ark Mines Ltd (AHK) | $1.27 Million | -210.75% | 0.02x | $16.38 Million |
| Alkane Resources Ltd (ALK) | $345.69 Million | 9.56% | 0.57x | $1.90 Billion |
About Lion Selection Group Ltd
Lion Selection Group Limited is a Listed Investment Company (LIC) that invests specializes in early stage investment. The fund does not invest in oil or gas mining companies. It primarily invests in precious and base metals mining companies. The fund seeks to make investments in Australia. The fund seeks to invest in projects that are close to development or with exposure to advanced exploration.… Read more