Pure Hydrogen Corporation Ltd (PH2) - Net Assets
Based on the latest financial reports, Pure Hydrogen Corporation Ltd (PH2) has net assets worth AU$13.20 Million AUD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$23.69 Million) and total liabilities (AU$10.49 Million). 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$13.20 Million |
| % of Total Assets | 55.71% |
| Annual Growth Rate | 36.41% |
| 5-Year Change | -45.21% |
| 10-Year Change | -25.85% |
| Growth Volatility | 329.28 |
Pure Hydrogen Corporation Ltd - Net Assets Trend (2009–2025)
This chart illustrates how Pure Hydrogen Corporation 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 Pure Hydrogen Corporation Ltd (2009–2025)
The table below shows the annual net assets of Pure Hydrogen Corporation Ltd from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$12.15 Million | -56.05% |
| 2024-06-30 | AU$27.64 Million | -9.81% |
| 2023-06-30 | AU$30.64 Million | +8.05% |
| 2022-06-30 | AU$28.36 Million | +27.92% |
| 2021-06-30 | AU$22.17 Million | +1258.56% |
| 2020-06-30 | AU$1.63 Million | -42.16% |
| 2019-06-30 | AU$2.82 Million | -74.91% |
| 2018-06-30 | AU$11.25 Million | -31.78% |
| 2017-06-30 | AU$16.49 Million | +0.63% |
| 2016-06-30 | AU$16.38 Million | -10.72% |
| 2015-06-30 | AU$18.35 Million | +30.96% |
| 2014-06-30 | AU$14.01 Million | +122.97% |
| 2013-06-30 | AU$6.28 Million | +225.88% |
| 2012-06-30 | AU$1.93 Million | +367.54% |
| 2011-06-30 | AU$412.43K | +520.48% |
| 2010-06-30 | AU$66.47K | -21.38% |
| 2009-06-30 | AU$84.55K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pure Hydrogen Corporation 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 10142922538.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$84.61 Million | 641.14% |
| Other Comprehensive Income | AU$47.00K | 0.36% |
| Other Components | AU$30.06 Million | 227.80% |
| Total Equity | AU$13.20 Million | 100.00% |
Pure Hydrogen Corporation Ltd Competitors by Market Cap
The table below lists competitors of Pure Hydrogen Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Youngsin Metal Industrial Co. Ltd
KQ:007530
|
$20.63 Million |
|
STS Group AG
XETRA:SF3
|
$20.64 Million |
|
Sungchang Autotech Co. Ltd
KQ:080470
|
$20.65 Million |
|
LANCOR HOLDINGS LTD.
NSE:LANCORHOL
|
$20.67 Million |
|
Delta Resources Ltd
V:DLTA
|
$20.63 Million |
|
Premier Foods PLC
LSE:PFD
|
$20.62 Million |
|
PT Minahasa Membangun Hebat Tbk
JK:HBAT
|
$20.61 Million |
|
Linkhome Holdings Inc. Common stock
NASDAQ:LHAI
|
$20.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pure Hydrogen Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,182,000 to 13,196,000, a change of -14,986,000 (-53.2%).
- Net loss of 15,980,000 reduced equity.
- Share repurchases of 1,149,000 reduced equity.
- New share issuances of 1,149,000 increased equity.
- Other factors increased equity by 994,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-15.98 Million | -121.1% |
| Share Repurchases | AU$1.15 Million | -8.71% |
| Share Issuances | AU$1.15 Million | +8.71% |
| Other Changes | AU$994.00K | +7.53% |
| Total Change | AU$- | -53.18% |
Book Value vs Market Value Analysis
This analysis compares Pure Hydrogen Corporation 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: 2.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.29x to 2.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | AU$0.26 | AU$0.08 | x |
| 2018-06-30 | AU$0.21 | AU$0.08 | x |
| 2019-06-30 | AU$0.02 | AU$0.08 | x |
| 2020-06-30 | AU$0.01 | AU$0.08 | x |
| 2021-06-30 | AU$0.12 | AU$0.08 | x |
| 2022-06-30 | AU$0.08 | AU$0.08 | x |
| 2023-06-30 | AU$0.09 | AU$0.08 | x |
| 2024-06-30 | AU$0.08 | AU$0.08 | x |
| 2025-06-30 | AU$0.04 | AU$0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pure Hydrogen Corporation Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -121.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -665.00%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.80x
- Recent ROE (-121.10%) is above the historical average (-123.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -82.93% | 0.00% | 0.00x | 1.11x | AU$-78.57K |
| 2010 | -40.10% | 0.00% | 0.00x | 1.29x | AU$-33.30K |
| 2011 | -65.34% | -105.40% | 0.53x | 1.16x | AU$-310.72K |
| 2012 | -325.49% | -5224.81% | 0.02x | 3.92x | AU$-6.47 Million |
| 2013 | -34.35% | -1045.91% | 0.02x | 1.50x | AU$-1.91 Million |
| 2014 | -10.69% | -704.75% | 0.01x | 1.04x | AU$-2.90 Million |
| 2015 | -132.62% | -1668.02% | 0.08x | 1.05x | AU$-25.86 Million |
| 2016 | -19.96% | -1547.83% | 0.01x | 1.10x | AU$-4.91 Million |
| 2017 | -5.57% | -422.18% | 0.01x | 1.06x | AU$-2.57 Million |
| 2018 | -14.78% | -2759.90% | 0.00x | 1.09x | AU$-2.79 Million |
| 2019 | -1090.86% | -33306.88% | 0.02x | 1.98x | AU$-16.23 Million |
| 2020 | -134.58% | -18229.05% | 0.00x | 1.95x | AU$-1.87 Million |
| 2021 | -12.53% | -92664.22% | 0.00x | 1.06x | AU$-5.00 Million |
| 2022 | 1.37% | 1306.97% | 0.00x | 1.07x | AU$-2.45 Million |
| 2023 | 4.60% | 3919.44% | 0.00x | 1.09x | AU$-1.65 Million |
| 2024 | -13.91% | -380.12% | 0.03x | 1.15x | AU$-6.74 Million |
| 2025 | -121.10% | -665.00% | 0.10x | 1.80x | AU$-17.30 Million |
Industry Comparison
This section compares Pure Hydrogen Corporation Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $147,062,098
- Average return on equity (ROE) among peers: -15.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pure Hydrogen Corporation Ltd (PH2) | AU$13.20 Million | -82.93% | 0.80x | $20.63 Million |
| 88 Energy Ltd (88E) | $1.61 Million | -53.75% | 0.05x | $18.83 Million |
| ADX Energy Ltd (ADX) | $1.75 Million | -43.66% | 0.02x | $20.25 Million |
| Amplitude Energy Ltd (AEL) | $14.30 Million | -31.18% | 0.07x | $370.26 Million |
| Australis Oil & Gas Ltd (ATS) | $221.65 Million | 0.05% | 0.22x | $22.60 Million |
| Bass Oil Ltd (BAS) | $5.87 Million | -11.90% | 0.04x | $13.11 Million |
| Blue Energy Ltd (BLU) | $11.97 Million | 25.90% | 0.00x | $12.79 Million |
| Blue Star Helium Ltd (BNL) | $1.26 Million | -72.24% | 0.64x | $21.57 Million |
| Beach Energy Ltd (BPT) | $1.07 Billion | 5.95% | 0.62x | $1.94 Billion |
| Brookside Energy Ltd (BRK) | $46.25 Million | -6.31% | 0.03x | $41.25 Million |
| Buru Energy Ltd (BRU) | $94.32 Million | 31.53% | 0.16x | $12.77 Million |
About Pure Hydrogen Corporation Ltd
As of March 17, 2021, Pure Hydrogen Corporation Limited was acquired by Real Energy Corporation Limited, in a reverse merger transaction. Pure Hydrogen Corporation Limited engages in the development of hydrogen and fuel cell technology in Australia. It produces and supplies pure hydrogen for the transport market. The company was formerly known as Strata-X Energy Ltd. and changed its name to Pure … Read more