Lynas Rare EARTHS Ltd (LYC) - Net Assets
Based on the latest financial reports, Lynas Rare EARTHS Ltd (LYC) has net assets worth AU$2.35 Billion AUD (≈ $1.66 Billion 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$2.94 Billion ≈ $2.08 Billion USD) and total liabilities (AU$591.51 Million ≈ $418.53 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 Lynas Rare EARTHS Ltd (LYC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$2.35 Billion |
| % of Total Assets | 79.91% |
| Annual Growth Rate | 20.1% |
| 5-Year Change | 117.16% |
| 10-Year Change | 3203.9% |
| Growth Volatility | 114.3 |
Lynas Rare EARTHS Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Lynas Rare EARTHS Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Lynas Rare EARTHS Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Lynas Rare EARTHS Ltd (1989–2025)
The table below shows the annual net assets of Lynas Rare EARTHS Ltd from 1989 to 2025. For live valuation and market cap data, see market value of Lynas Rare EARTHS Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$2.35 Billion ≈ $1.66 Billion |
+4.90% |
| 2024-06-30 | AU$2.24 Billion ≈ $1.59 Billion |
+3.67% |
| 2023-06-30 | AU$2.16 Billion ≈ $1.53 Billion |
+31.46% |
| 2022-06-30 | AU$1.65 Billion ≈ $1.16 Billion |
+51.89% |
| 2021-06-30 | AU$1.08 Billion ≈ $766.59 Million |
+109.00% |
| 2020-06-30 | AU$518.38 Million ≈ $366.79 Million |
-3.18% |
| 2019-06-30 | AU$535.40 Million ≈ $378.83 Million |
+23.23% |
| 2018-06-30 | AU$434.48 Million ≈ $307.42 Million |
+287.39% |
| 2017-06-30 | AU$112.16 Million ≈ $79.36 Million |
+57.50% |
| 2016-06-30 | AU$71.21 Million ≈ $50.39 Million |
-61.14% |
| 2015-06-30 | AU$183.23 Million ≈ $129.65 Million |
-39.34% |
| 2014-06-30 | AU$302.04 Million ≈ $213.71 Million |
-51.96% |
| 2013-06-30 | AU$628.71 Million ≈ $444.85 Million |
+11.57% |
| 2012-06-30 | AU$563.49 Million ≈ $398.71 Million |
-10.10% |
| 2011-06-30 | AU$626.77 Million ≈ $443.48 Million |
+1.23% |
| 2010-06-30 | AU$619.14 Million ≈ $438.08 Million |
+212.64% |
| 2009-06-30 | AU$198.04 Million ≈ $140.12 Million |
-10.50% |
| 2008-06-30 | AU$221.26 Million ≈ $156.56 Million |
+157.02% |
| 2007-06-30 | AU$86.09 Million ≈ $60.91 Million |
+501.41% |
| 2006-06-30 | AU$14.31 Million ≈ $10.13 Million |
-11.98% |
| 2005-06-30 | AU$16.26 Million ≈ $11.51 Million |
-40.34% |
| 2004-06-30 | AU$27.26 Million ≈ $19.29 Million |
+123.80% |
| 2003-06-30 | AU$12.18 Million ≈ $8.62 Million |
+9.37% |
| 2002-06-30 | AU$11.14 Million ≈ $7.88 Million |
-1.29% |
| 2001-06-30 | AU$11.28 Million ≈ $7.98 Million |
+11.51% |
| 2000-06-30 | AU$10.12 Million ≈ $7.16 Million |
+249.86% |
| 1999-06-30 | AU$2.89 Million ≈ $2.05 Million |
-42.81% |
| 1998-06-30 | AU$5.06 Million ≈ $3.58 Million |
-66.52% |
| 1997-06-30 | AU$15.10 Million ≈ $10.68 Million |
-22.80% |
| 1996-06-30 | AU$19.56 Million ≈ $13.84 Million |
+12.77% |
| 1995-06-30 | AU$17.35 Million ≈ $12.27 Million |
+105.14% |
| 1994-06-30 | AU$8.46 Million ≈ $5.98 Million |
+165.83% |
| 1993-06-30 | AU$3.18 Million ≈ $2.25 Million |
+11.65% |
| 1992-06-30 | AU$2.85 Million ≈ $2.02 Million |
+10.43% |
| 1991-06-30 | AU$2.58 Million ≈ $1.83 Million |
-11.86% |
| 1990-06-30 | AU$2.93 Million ≈ $2.07 Million |
-9.21% |
| 1989-06-30 | AU$3.22 Million ≈ $2.28 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lynas Rare EARTHS 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 23045900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$228.40 Million | 9.71% |
| Common Stock | AU$2.09 Billion | 88.88% |
| Other Comprehensive Income | AU$33.22 Million | 1.41% |
| Total Equity | AU$2.35 Billion | 100.00% |
Lynas Rare EARTHS Ltd Competitors by Market Cap
The table below lists competitors of Lynas Rare EARTHS Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Globe Life Inc
NYSE:GL
|
$12.82 Billion |
|
QXO, Inc.
NASDAQ:QXO
|
$12.83 Billion |
|
Fidelity National Financial Inc
NYSE:FNF
|
$12.83 Billion |
|
LTIMindtree Limited
NSE:LTM
|
$12.85 Billion |
|
Far EasTone Telecommunications Co Ltd
TW:4904
|
$12.79 Billion |
|
Meritz Financi
KO:138040
|
$12.79 Billion |
|
Smith & Nephew SNATS Inc
NYSE:SNN
|
$12.78 Billion |
|
ALTEOGEN Inc
KQ:196170
|
$12.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lynas Rare EARTHS Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,242,805,000 to 2,352,705,000, a change of 109,900,000 (4.9%).
- Net income of 7,990,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 101,910,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$7.99 Million | +0.34% |
| Other Comprehensive Income | AU$101.91 Million | +4.33% |
| Total Change | AU$- | 4.90% |
Book Value vs Market Value Analysis
This analysis compares Lynas Rare EARTHS 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: 7.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3924.44x to 7.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.00 | AU$17.98 | x |
| 1990-06-30 | AU$0.00 | AU$17.98 | x |
| 1991-06-30 | AU$0.00 | AU$17.98 | x |
| 1992-06-30 | AU$0.00 | AU$17.98 | x |
| 1993-06-30 | AU$0.00 | AU$17.98 | x |
| 1994-06-30 | AU$0.01 | AU$17.98 | x |
| 1995-06-30 | AU$0.03 | AU$17.98 | x |
| 1996-06-30 | AU$0.03 | AU$17.98 | x |
| 1997-06-30 | AU$0.02 | AU$17.98 | x |
| 1998-06-30 | AU$0.01 | AU$17.98 | x |
| 1999-06-30 | AU$0.00 | AU$17.98 | x |
| 2000-06-30 | AU$0.02 | AU$17.98 | x |
| 2001-06-30 | AU$0.02 | AU$17.98 | x |
| 2002-06-30 | AU$0.02 | AU$17.98 | x |
| 2003-06-30 | AU$0.02 | AU$17.98 | x |
| 2004-06-30 | AU$0.04 | AU$17.98 | x |
| 2005-06-30 | AU$0.03 | AU$17.98 | x |
| 2006-06-30 | AU$0.02 | AU$17.98 | x |
| 2007-06-30 | AU$0.13 | AU$17.98 | x |
| 2008-06-30 | AU$0.35 | AU$17.98 | x |
| 2009-06-30 | AU$0.31 | AU$17.98 | x |
| 2010-06-30 | AU$0.97 | AU$17.98 | x |
| 2011-06-30 | AU$0.98 | AU$17.98 | x |
| 2012-06-30 | AU$0.88 | AU$17.98 | x |
| 2013-06-30 | AU$1.54 | AU$17.98 | x |
| 2014-06-30 | AU$0.47 | AU$17.98 | x |
| 2015-06-30 | AU$0.29 | AU$17.98 | x |
| 2016-06-30 | AU$0.11 | AU$17.98 | x |
| 2017-06-30 | AU$0.18 | AU$17.98 | x |
| 2018-06-30 | AU$0.66 | AU$17.98 | x |
| 2019-06-30 | AU$0.74 | AU$17.98 | x |
| 2020-06-30 | AU$0.74 | AU$17.98 | x |
| 2021-06-30 | AU$1.24 | AU$17.98 | x |
| 2022-06-30 | AU$1.82 | AU$17.98 | x |
| 2023-06-30 | AU$2.36 | AU$17.98 | x |
| 2024-06-30 | AU$2.39 | AU$17.98 | x |
| 2025-06-30 | AU$2.52 | AU$17.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lynas Rare EARTHS Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.47%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.25x
- Recent ROE (0.34%) is above the historical average (-24.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -43.89% | 0.00% | 0.00x | 1.02x | AU$-1.74 Million |
| 1990 | -10.15% | 0.00% | 0.00x | 1.02x | AU$-589.70K |
| 1991 | -13.45% | 0.00% | 0.00x | 1.01x | AU$-605.00K |
| 1992 | -4.60% | 0.00% | 0.00x | 1.02x | AU$-415.90K |
| 1993 | -5.12% | 0.00% | 0.00x | 1.01x | AU$-481.10K |
| 1994 | 1.79% | 0.00% | 0.00x | 1.01x | AU$-694.60K |
| 1995 | 3.58% | 7.57% | 0.31x | 1.52x | AU$-1.11 Million |
| 1996 | 9.52% | 7.35% | 1.05x | 1.24x | AU$-93.14K |
| 1997 | -29.54% | -17.40% | 1.38x | 1.23x | AU$-5.97 Million |
| 1998 | -209.60% | 0.00% | 0.00x | 1.45x | AU$-11.10 Million |
| 1999 | -104.58% | 0.00% | 0.00x | 3.79x | AU$-3.31 Million |
| 2000 | 26.38% | 20.54% | 0.87x | 1.48x | AU$1.66 Million |
| 2001 | -31.95% | -25.99% | 0.85x | 1.45x | AU$-4.73 Million |
| 2002 | -10.30% | -14.14% | 0.53x | 1.37x | AU$-2.26 Million |
| 2003 | -41.76% | -20348.00% | 0.00x | 1.47x | AU$-6.31 Million |
| 2004 | -16.23% | 0.00% | 0.00x | 1.34x | AU$-7.15 Million |
| 2005 | -86.99% | 0.00% | 0.00x | 1.37x | AU$-15.77 Million |
| 2006 | -31.45% | -6447.92% | 0.00x | 1.81x | AU$-5.93 Million |
| 2007 | -7.20% | -62010000.00% | 0.00x | 1.07x | AU$-14.81 Million |
| 2008 | -9.71% | 0.00% | 0.00x | 1.57x | AU$-43.61 Million |
| 2009 | -14.79% | 0.00% | 0.00x | 1.10x | AU$-49.09 Million |
| 2010 | -6.95% | 0.00% | 0.00x | 1.03x | AU$-104.96 Million |
| 2011 | -9.43% | 0.00% | 0.00x | 1.39x | AU$-121.76 Million |
| 2012 | -15.58% | 0.00% | 0.00x | 1.82x | AU$-144.12 Million |
| 2013 | -22.83% | -15111.05% | 0.00x | 1.89x | AU$-206.43 Million |
| 2014 | -114.38% | -535.06% | 0.08x | 2.82x | AU$-375.69 Million |
| 2015 | -64.77% | -82.08% | 0.17x | 4.61x | AU$-137.01 Million |
| 2016 | -132.12% | -49.27% | 0.24x | 11.05x | AU$-101.20 Million |
| 2017 | -0.48% | -0.21% | 0.36x | 6.40x | AU$-11.75 Million |
| 2018 | 12.23% | 14.20% | 0.49x | 1.76x | AU$9.67 Million |
| 2019 | 14.95% | 22.01% | 0.41x | 1.64x | AU$26.49 Million |
| 2020 | -3.74% | -6.18% | 0.34x | 1.81x | AU$-71.23 Million |
| 2021 | 14.50% | 32.12% | 0.33x | 1.36x | AU$48.74 Million |
| 2022 | 32.86% | 58.78% | 0.45x | 1.25x | AU$376.26 Million |
| 2023 | 14.36% | 42.02% | 0.28x | 1.22x | AU$94.33 Million |
| 2024 | 3.77% | 18.20% | 0.17x | 1.25x | AU$-139.77 Million |
| 2025 | 0.34% | 1.47% | 0.18x | 1.25x | AU$-227.28 Million |
Industry Comparison
This section compares Lynas Rare EARTHS 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: $25,883,237
- Average return on equity (ROE) among peers: -37.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lynas Rare EARTHS Ltd (LYC) | AU$2.35 Billion | -43.89% | 0.25x | $12.80 Billion |
| Morella Corporation Ltd (1MC) | $100.84 Million | -26.44% | 2.34x | $7.50 Million |
| Amaero Ltd (3DA) | $14.67 Million | -58.76% | 0.49x | $188.72 Million |
| 6K Additive Inc (6KA) | $62.92 Million | -28.47% | 0.10x | $132.38 Million |
| Atlantic Lithium Ltd (A11) | $34.78 Million | -99.62% | 0.13x | $172.97 Million |
| African Gold Ltd (A1G) | $10.30 Million | -17.56% | 0.09x | $419.02 Million |
| Albright Metals Ltd (ABR) | $11.82 Million | -15.47% | 0.06x | $3.15 Million |
| Audalia Resources Ltd (ACP) | $3.00 Million | -30.04% | 3.05x | $14.69 Million |
| Accent Resources NL (ACS) | $3.38 Million | -90.68% | 4.41x | $13.51 Million |
| Acdc Metals Ltd (ADC) | $10.58 Million | -4.74% | 0.03x | $3.35 Million |
| Andromeda Metals Ltd (ADN) | $6.53 Million | -6.39% | 0.01x | $22.90 Million |
About Lynas Rare EARTHS Ltd
Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia. The company holds interests in the Mt Weld rare earths mine and concentration plant near Laverton in Western Australia; a rare earths processing facility in Kalgoorlie, Western Australia; and an advanced materials … Read more