Orica Ltd
Orica Limited manufactures, distributes, and sells commercial blasting systems, explosives, mining and tunnelling support systems, and various chemical products and services in Australia, Canada, the United States, and internationally. It provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services; and supplementary serv… Read more
Orica Ltd (ORI) - Net Assets
Latest net assets as of September 2025: AU$4.26 Billion AUD
Based on the latest financial reports, Orica Ltd (ORI) has net assets worth AU$4.26 Billion AUD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$9.95 Billion) and total liabilities (AU$5.69 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$4.26 Billion |
| % of Total Assets | 42.78% |
| Annual Growth Rate | 3.76% |
| 5-Year Change | 52.4% |
| 10-Year Change | 52.91% |
| Growth Volatility | 18.69 |
Orica Ltd - Net Assets Trend (1989–2025)
This chart illustrates how Orica 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 Orica Ltd (1989–2025)
The table below shows the annual net assets of Orica Ltd from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | AU$4.26 Billion | -6.42% |
| 2024-09-30 | AU$4.55 Billion | +9.13% |
| 2023-09-30 | AU$4.17 Billion | +8.70% |
| 2022-09-30 | AU$3.83 Billion | +37.28% |
| 2021-09-30 | AU$2.79 Billion | -5.03% |
| 2020-09-30 | AU$2.94 Billion | -2.81% |
| 2019-09-30 | AU$3.03 Billion | +1.93% |
| 2018-09-30 | AU$2.97 Billion | +0.15% |
| 2017-09-30 | AU$2.96 Billion | +6.48% |
| 2016-09-30 | AU$2.78 Billion | -6.83% |
| 2015-09-30 | AU$2.99 Billion | -32.10% |
| 2014-09-30 | AU$4.40 Billion | +9.71% |
| 2013-09-30 | AU$4.01 Billion | +23.51% |
| 2012-09-30 | AU$3.25 Billion | -16.23% |
| 2011-09-30 | AU$3.88 Billion | +6.69% |
| 2010-09-30 | AU$3.63 Billion | -8.56% |
| 2009-09-30 | AU$3.97 Billion | -8.00% |
| 2008-09-30 | AU$4.32 Billion | +64.35% |
| 2007-09-30 | AU$2.63 Billion | -1.52% |
| 2006-09-30 | AU$2.67 Billion | +61.41% |
| 2005-09-30 | AU$1.65 Billion | +0.93% |
| 2004-09-30 | AU$1.64 Billion | +3.63% |
| 2003-09-30 | AU$1.58 Billion | +5.78% |
| 2002-09-30 | AU$1.49 Billion | +6.52% |
| 2001-09-30 | AU$1.40 Billion | -14.67% |
| 2000-09-30 | AU$1.64 Billion | +2.92% |
| 1999-09-30 | AU$1.60 Billion | +5.54% |
| 1998-09-30 | AU$1.51 Billion | +28.29% |
| 1997-09-30 | AU$1.18 Billion | -22.17% |
| 1996-09-30 | AU$1.52 Billion | +4.83% |
| 1995-09-30 | AU$1.45 Billion | +9.27% |
| 1994-09-30 | AU$1.32 Billion | +4.19% |
| 1993-09-30 | AU$1.27 Billion | +4.81% |
| 1992-09-30 | AU$1.21 Billion | +1.92% |
| 1991-09-30 | AU$1.19 Billion | +5.43% |
| 1990-09-30 | AU$1.13 Billion | +0.05% |
| 1989-09-30 | AU$1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Orica 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 172.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$1.02 Billion | 24.42% |
| Common Stock | AU$3.50 Billion | 83.75% |
| Other Comprehensive Income | AU$-341.40 Million | -8.18% |
| Total Equity | AU$4.18 Billion | 100.00% |
Orica Ltd Competitors by Market Cap
The table below lists competitors of Orica Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VAXCYTE INC. DL -001
F:5VA
|
$5.60 Billion |
|
Construction Partners Inc
NASDAQ:ROAD
|
$5.61 Billion |
|
Scout24 AG
PINK:SCOTF
|
$5.61 Billion |
|
Glacier Bancorp Inc
NYSE:GBCI
|
$5.61 Billion |
|
Shin Kong Financial Holding Co Ltd
TW:2888
|
$5.59 Billion |
|
Ryman Hospitality Properties Inc
NYSE:RHP
|
$5.59 Billion |
|
Yunnan Baiyao Group Co Ltd
SHE:000538
|
$5.59 Billion |
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630
|
$5.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orica Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,459,000,000 to 4,176,100,000, a change of -282,900,000 (-6.3%).
- Net income of 162,300,000 contributed positively to equity growth.
- Dividend payments of 266,600,000 reduced retained earnings.
- Share repurchases of 417,400,000 reduced equity.
- Other comprehensive income increased equity by 209,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$162.30 Million | +3.89% |
| Dividends Paid | AU$266.60 Million | -6.38% |
| Share Repurchases | AU$417.40 Million | -9.99% |
| Other Comprehensive Income | AU$209.80 Million | +5.02% |
| Other Changes | AU$29.00 Million | +0.69% |
| Total Change | AU$- | -6.34% |
Book Value vs Market Value Analysis
This analysis compares Orica 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: 2.27x
- 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 5.90x to 2.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-09-30 | AU$3.28 | AU$19.35 | x |
| 1990-09-30 | AU$3.23 | AU$19.35 | x |
| 1991-09-30 | AU$3.47 | AU$19.35 | x |
| 1992-09-30 | AU$3.52 | AU$19.35 | x |
| 1993-09-30 | AU$3.70 | AU$19.35 | x |
| 1994-09-30 | AU$3.87 | AU$19.35 | x |
| 1995-09-30 | AU$4.22 | AU$19.35 | x |
| 1996-09-30 | AU$4.42 | AU$19.35 | x |
| 1997-09-30 | AU$3.35 | AU$19.35 | x |
| 1998-09-30 | AU$4.73 | AU$19.35 | x |
| 1999-09-30 | AU$4.96 | AU$19.35 | x |
| 2000-09-30 | AU$5.00 | AU$19.35 | x |
| 2001-09-30 | AU$4.22 | AU$19.35 | x |
| 2002-09-30 | AU$4.48 | AU$19.35 | x |
| 2003-09-30 | AU$4.52 | AU$19.35 | x |
| 2004-09-30 | AU$4.74 | AU$19.35 | x |
| 2005-09-30 | AU$4.86 | AU$19.35 | x |
| 2006-09-30 | AU$8.39 | AU$19.35 | x |
| 2007-09-30 | AU$7.96 | AU$19.35 | x |
| 2008-09-30 | AU$13.05 | AU$19.35 | x |
| 2009-09-30 | AU$10.03 | AU$19.35 | x |
| 2010-09-30 | AU$8.53 | AU$19.35 | x |
| 2011-09-30 | AU$9.92 | AU$19.35 | x |
| 2012-09-30 | AU$8.66 | AU$19.35 | x |
| 2013-09-30 | AU$10.63 | AU$19.35 | x |
| 2014-09-30 | AU$11.56 | AU$19.35 | x |
| 2015-09-30 | AU$8.06 | AU$19.35 | x |
| 2016-09-30 | AU$7.46 | AU$19.35 | x |
| 2017-09-30 | AU$7.82 | AU$19.35 | x |
| 2018-09-30 | AU$7.68 | AU$19.35 | x |
| 2019-09-30 | AU$7.78 | AU$19.35 | x |
| 2020-09-30 | AU$7.28 | AU$19.35 | x |
| 2021-09-30 | AU$6.70 | AU$19.35 | x |
| 2022-09-30 | AU$8.83 | AU$19.35 | x |
| 2023-09-30 | AU$8.71 | AU$19.35 | x |
| 2024-09-30 | AU$9.30 | AU$19.35 | x |
| 2025-09-30 | AU$8.54 | AU$19.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orica Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.99%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.38x
- Recent ROE (3.89%) is below the historical average (4.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -0.80% | 0.00% | 0.00x | 2.32x | AU$-112.97 Million |
| 1990 | -0.68% | 0.00% | 0.00x | 2.27x | AU$-112.52 Million |
| 1991 | -0.78% | 0.00% | 0.00x | 2.09x | AU$-121.91 Million |
| 1992 | -1.13% | 0.00% | 0.00x | 2.05x | AU$-127.87 Million |
| 1993 | -1.04% | 0.00% | 0.00x | 1.95x | AU$-133.09 Million |
| 1994 | -0.97% | 0.00% | 0.00x | 1.89x | AU$-138.58 Million |
| 1995 | -1.10% | 0.00% | 0.00x | 1.93x | AU$-152.86 Million |
| 1996 | -1.47% | 0.00% | 0.00x | 1.97x | AU$-165.25 Million |
| 1997 | -1.74% | 0.00% | 0.00x | 2.76x | AU$-125.80 Million |
| 1998 | -1.15% | 0.00% | 0.00x | 2.62x | AU$-155.00 Million |
| 1999 | -0.81% | 0.00% | 0.00x | 2.39x | AU$-159.57 Million |
| 2000 | -0.64% | -0.26% | 1.03x | 2.37x | AU$-160.84 Million |
| 2001 | 1.08% | 0.34% | 1.08x | 2.91x | AU$-114.52 Million |
| 2002 | -1.19% | -0.40% | 1.21x | 2.45x | AU$-153.60 Million |
| 2003 | -0.93% | -0.32% | 1.12x | 2.57x | AU$-151.39 Million |
| 2004 | -1.80% | -0.55% | 1.12x | 2.91x | AU$-168.56 Million |
| 2005 | -0.72% | -0.20% | 1.15x | 3.06x | AU$-156.53 Million |
| 2006 | 20.60% | 11.36% | 0.83x | 2.18x | AU$277.44 Million |
| 2007 | 19.00% | 8.82% | 0.89x | 2.42x | AU$231.03 Million |
| 2008 | 12.78% | 8.25% | 0.82x | 1.90x | AU$117.45 Million |
| 2009 | 14.03% | 7.31% | 1.01x | 1.90x | AU$155.73 Million |
| 2010 | 43.48% | 22.69% | 0.83x | 2.30x | AU$1.02 Billion |
| 2011 | 17.11% | 10.39% | 0.81x | 2.03x | AU$266.87 Million |
| 2012 | 12.90% | 6.04% | 0.88x | 2.44x | AU$90.65 Million |
| 2013 | 15.54% | 8.74% | 0.80x | 2.23x | AU$214.50 Million |
| 2014 | 14.13% | 8.87% | 0.77x | 2.07x | AU$176.20 Million |
| 2015 | -42.46% | -22.34% | 0.77x | 2.45x | AU$-1.57 Billion |
| 2016 | 12.32% | 6.71% | 0.77x | 2.37x | AU$64.55 Million |
| 2017 | 13.04% | 7.62% | 0.75x | 2.29x | AU$89.97 Million |
| 2018 | -1.66% | -0.89% | 0.75x | 2.47x | AU$-338.42 Million |
| 2019 | 8.26% | 4.16% | 0.81x | 2.46x | AU$-51.72 Million |
| 2020 | 2.85% | 1.60% | 0.61x | 2.91x | AU$-206.96 Million |
| 2021 | -6.37% | -3.34% | 0.70x | 2.74x | AU$-446.43 Million |
| 2022 | 1.63% | 0.85% | 0.84x | 2.30x | AU$-308.48 Million |
| 2023 | 7.41% | 3.72% | 0.89x | 2.23x | AU$-103.17 Million |
| 2024 | 11.76% | 6.82% | 0.80x | 2.15x | AU$78.70 Million |
| 2025 | 3.89% | 1.99% | 0.82x | 2.38x | AU$-255.31 Million |
Industry Comparison
This section compares Orica Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,135,744,333
- Average return on equity (ROE) among peers: -242.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orica Ltd (ORI) | AU$4.26 Billion | -0.80% | 1.34x | $5.59 Billion |
| Anteotech Ltd (ADO) | $7.10 Million | -148.19% | 5.45x | $15.42 Million |
| Alexium International Group Ltd (AJX) | $-83.91 Million | 0.00% | 0.00x | $2.63 Million |
| Altech Batteries Ltd (ATC) | $17.61 Million | -21.53% | 0.41x | $18.48 Million |
| Carbonxt Group Ltd (CG1) | $10.73 Million | -75.63% | 2.06x | $13.38 Million |
| DGL Group Ltd (DGL) | $368.63 Million | -7.22% | 0.76x | $30.97 Million |
| Dyno Nobel Ltd (DNL) | $6.29 Billion | 16.12% | 0.73x | $3.05 Billion |
| Foresta Group Holdings Ltd (FGH) | $81.05K | -1885.71% | 6.68x | $13.28 Million |
| Incitec Pivot Ltd (IPL) | $3.61 Billion | 11.37% | 0.75x | $2.81 Billion |
| Noble Helium Ltd (NHE) | $449.32K | -68.14% | 0.05x | $7.84 Million |