Matrix Composites & Engineering Ltd (MCE) - Net Assets

Latest as of June 2025: AU$29.32 Million AUD ≈ $20.75 Million USD

Based on the latest financial reports, Matrix Composites & Engineering Ltd (MCE) has net assets worth AU$29.32 Million AUD (≈ $20.75 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$80.78 Million ≈ $57.15 Million USD) and total liabilities (AU$51.45 Million ≈ $36.41 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 MCE tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$29.32 Million
% of Total Assets	36.3%
Annual Growth Rate	3.79%
5-Year Change	N/A
10-Year Change	-78.02%
Growth Volatility	58.35

Matrix Composites & Engineering Ltd - Net Assets Trend (2008–2025)

This chart illustrates how Matrix Composites & Engineering Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Matrix Composites & Engineering Ltd fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Matrix Composites & Engineering Ltd (2008–2025)

The table below shows the annual net assets of Matrix Composites & Engineering Ltd from 2008 to 2025. For live valuation and market cap data, see market value of Matrix Composites & Engineering Ltd.

Year	Net Assets	Change
2025-06-30	AU$29.32 Million ≈ $20.75 Million	-5.45%
2024-06-30	AU$31.02 Million ≈ $21.95 Million	+15.88%
2023-06-30	AU$26.77 Million ≈ $18.94 Million	+2152.53%
2022-06-30	AU$-1.30 Million ≈ $-922.66K	+54.44%
2021-06-30	AU$-2.86 Million ≈ $-2.03 Million	-111.88%
2020-06-30	AU$24.09 Million ≈ $17.04 Million	-74.12%
2019-06-30	AU$93.06 Million ≈ $65.85 Million	-6.37%
2018-06-30	AU$99.40 Million ≈ $70.33 Million	-13.43%
2017-06-30	AU$114.81 Million ≈ $81.24 Million	-13.96%
2016-06-30	AU$133.44 Million ≈ $94.42 Million	-3.18%
2015-06-30	AU$137.81 Million ≈ $97.51 Million	+0.73%
2014-06-30	AU$136.81 Million ≈ $96.80 Million	+3.42%
2013-06-30	AU$132.29 Million ≈ $93.60 Million	-3.25%
2012-06-30	AU$136.73 Million ≈ $96.75 Million	+7.87%
2011-06-30	AU$126.76 Million ≈ $89.69 Million	+111.64%
2010-06-30	AU$59.89 Million ≈ $42.38 Million	+71.71%
2009-06-30	AU$34.88 Million ≈ $24.68 Million	+124.00%
2008-06-30	AU$15.57 Million ≈ $11.02 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Matrix Composites & Engineering 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 19396.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$140.37 Million	478.67%
Other Comprehensive Income	AU$-475.00K	-1.62%
Total Equity	AU$29.32 Million	100.00%

Matrix Composites & Engineering Ltd Competitors by Market Cap

The table below lists competitors of Matrix Composites & Engineering Ltd ranked by their market capitalization.

Company	Market Cap
Strongpoint ASA OL:STRO	$49.43 Million
Inch Kenneth Kajang Rubber PLC KLSE:2607	$49.44 Million
Taiwan Taffeta Fabric Co Ltd TW:1454	$49.44 Million
Carlos Casado BA:CADO	$49.45 Million
Tadir-Gan (Precision Products) 1993 Ltd TA:TDGN	$49.41 Million
Ideal Bike TWO:8933	$49.41 Million
Pratama Widya Tbk Pt JK:PTPW	$49.40 Million
Rama Phosphates Limited NSE:RAMAPHO	$49.40 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 31,015,000 to 29,324,000, a change of -1,691,000 (-5.5%).
Net loss of 2,218,000 reduced equity.
Other comprehensive income decreased equity by 77,000.
Other factors increased equity by 604,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-2.22 Million	-7.56%
Other Comprehensive Income	AU$-77.00K	-0.26%
Other Changes	AU$604.00K	+2.06%
Total Change	AU$-	-5.45%

Book Value vs Market Value Analysis

This analysis compares Matrix Composites & Engineering 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: 3.03x
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 increased from 0.74x to 3.03x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-06-30	AU$0.54	AU$0.40	x
2010-06-30	AU$0.93	AU$0.40	x
2011-06-30	AU$1.66	AU$0.40	x
2012-06-30	AU$1.68	AU$0.40	x
2013-06-30	AU$1.40	AU$0.40	x
2014-06-30	AU$1.45	AU$0.40	x
2015-06-30	AU$1.46	AU$0.40	x
2016-06-30	AU$1.42	AU$0.40	x
2017-06-30	AU$1.22	AU$0.40	x
2018-06-30	AU$1.06	AU$0.40	x
2019-06-30	AU$0.91	AU$0.40	x
2020-06-30	AU$0.23	AU$0.40	x
2021-06-30	AU$-0.03	AU$0.40	x
2022-06-30	AU$-0.01	AU$0.40	x
2023-06-30	AU$0.16	AU$0.40	x
2024-06-30	AU$0.12	AU$0.40	x
2025-06-30	AU$0.13	AU$0.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Matrix Composites & Engineering 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): -7.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.97%
• Asset Turnover: 0.93x
• Equity Multiplier: 2.75x
Recent ROE (-7.56%) is above the historical average (-14.98%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	30.31%	17.70%	0.76x	2.24x	AU$12.17 Million
2011	26.51%	17.94%	0.93x	1.59x	AU$20.93 Million
2012	-10.56%	-9.98%	0.69x	1.54x	AU$-28.12 Million
2013	-2.23%	-2.03%	0.71x	1.54x	AU$-16.18 Million
2014	2.21%	1.90%	0.83x	1.40x	AU$-10.66 Million
2015	2.64%	2.52%	0.80x	1.31x	AU$-10.15 Million
2016	-1.58%	-2.21%	0.66x	1.08x	AU$-15.46 Million
2017	-17.01%	-58.93%	0.27x	1.06x	AU$-31.01 Million
2018	-15.48%	-78.76%	0.18x	1.10x	AU$-25.33 Million
2019	-9.33%	-22.74%	0.35x	1.16x	AU$-17.99 Million
2020	-281.76%	-247.35%	0.44x	2.57x	AU$-70.27 Million
2021	0.00%	-158.50%	0.48x	0.00x	AU$-27.64 Million
2022	0.00%	-16.68%	0.86x	0.00x	AU$-4.65 Million
2023	32.44%	18.39%	0.59x	2.98x	AU$6.01 Million
2024	11.76%	4.29%	0.89x	3.07x	AU$544.50K
2025	-7.56%	-2.97%	0.93x	2.75x	AU$-5.15 Million

Industry Comparison

This section compares Matrix Composites & Engineering Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $248,384,311
Average return on equity (ROE) among peers: 3.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Matrix Composites & Engineering Ltd (MCE)	AU$29.32 Million	30.31%	1.75x	$49.43 Million
Acrow Ltd (ACF)	$4.28 Million	-8.15%	0.50x	$205.02 Million
BSA Ltd (BSA)	$29.96 Million	0.03%	3.37x	$16.52 Million
Civmec Ltd (CVL)	$174.72 Million	4.82%	0.86x	$719.38 Million
Dynamic Group Holdings Ltd (DDB)	$13.83 Million	11.86%	0.93x	$28.36 Million
Downer Edi Ltd (DOW)	$2.04 Billion	10.33%	0.97x	$3.80 Billion
Duratec Ltd (DUR)	$74.33 Million	30.71%	2.38x	$520.59 Million
EVZ Ltd (EVZ)	$1.77 Million	-56.91%	0.47x	$59.75 Million
Fleetwood Ltd (FWD)	$324.00K	0.00%	21.92x	$109.40 Million
Genusplus Group Ltd (GNP)	$104.98 Million	12.77%	1.17x	$1.28 Billion
Johns LYNG Group Ltd (JLG)	$44.36 Million	30.28%	2.24x	$806.21 Million

About Matrix Composites & Engineering Ltd

AU:MCE Australia Engineering & Construction

Market Cap

$63.59 Million

AU$89.87 Million AUD

Market Cap Rank

#21981 Global

#788 in Australia

Share Price

AU$0.40

Change (1 day)

+1.27%

52-Week Range

AU$0.18 - AU$0.40

All Time High

AU$0.77