REDOX Ltd (RDX) - Net Assets
Based on the latest financial reports, REDOX Ltd (RDX) has net assets worth AU$544.27 Million AUD (≈ $385.11 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$732.21 Million ≈ $518.09 Million USD) and total liabilities (AU$187.94 Million ≈ $132.98 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. Also explore RDX total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$544.27 Million |
| % of Total Assets | 74.33% |
| Annual Growth Rate | 10.47% |
| 5-Year Change | 198.84% |
| 10-Year Change | N/A |
| Growth Volatility | 43.85 |
REDOX Ltd - Net Assets Trend (2013–2025)
This chart illustrates how REDOX Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is REDOX Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for REDOX Ltd (2013–2025)
The table below shows the annual net assets of REDOX Ltd from 2013 to 2025. For live valuation and market cap data, see REDOX Ltd (RDX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$544.27 Million ≈ $385.11 Million |
+2.45% |
| 2024-06-30 | AU$531.27 Million ≈ $375.91 Million |
+126.11% |
| 2023-06-30 | AU$234.96 Million ≈ $166.25 Million |
+0.49% |
| 2022-06-30 | AU$233.82 Million ≈ $165.44 Million |
+28.38% |
| 2021-06-30 | AU$182.13 Million ≈ $128.87 Million |
+27.50% |
| 2020-06-30 | AU$142.85 Million ≈ $101.07 Million |
+0.98% |
| 2019-06-30 | AU$141.46 Million ≈ $100.10 Million |
-14.15% |
| 2013-06-30 | AU$164.79 Million ≈ $116.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to REDOX 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 93.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$298.13 Million | 54.78% |
| Common Stock | AU$239.56 Million | 44.02% |
| Other Comprehensive Income | AU$6.58 Million | 1.21% |
| Total Equity | AU$544.27 Million | 100.00% |
REDOX Ltd Competitors by Market Cap
The table below lists competitors of REDOX Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hisense Home Appliances Group Co. Ltd
F:GKE
|
$1.39 Billion |
|
Nanobiotix S.A
PA:NANO
|
$1.39 Billion |
|
China Yuchai International Limited
F:CYD
|
$1.39 Billion |
|
Shanghai Luxin Packing Materials Science&Technology Co Ltd
SHE:002565
|
$1.39 Billion |
|
Parade Technologies Ltd
TWO:4966
|
$1.39 Billion |
|
Aurora Optoelectronics Co Ltd
SHG:600666
|
$1.39 Billion |
|
Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd
SHG:600307
|
$1.38 Billion |
|
Companhiade Eletricidade do Estado da Bahia - COELBA
SA:CEEB3
|
$1.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in REDOX Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 531,270,000 to 544,272,000, a change of 13,002,000 (2.4%).
- Net income of 77,101,000 contributed positively to equity growth.
- Dividend payments of 65,635,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,536,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$77.10 Million | +14.17% |
| Dividends Paid | AU$65.64 Million | -12.06% |
| Other Comprehensive Income | AU$1.54 Million | +0.28% |
| Total Change | AU$- | 2.45% |
Book Value vs Market Value Analysis
This analysis compares REDOX 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: 3.60x
- 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 13.85x to 3.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | AU$0.27 | AU$3.73 | x |
| 2020-06-30 | AU$61.42 | AU$3.73 | x |
| 2021-06-30 | AU$78.30 | AU$3.73 | x |
| 2022-06-30 | AU$100.53 | AU$3.73 | x |
| 2023-06-30 | AU$0.55 | AU$3.73 | x |
| 2024-06-30 | AU$1.01 | AU$3.73 | x |
| 2025-06-30 | AU$1.03 | AU$3.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently REDOX 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): 14.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.20%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 1.35x
- Recent ROE (14.17%) is below the historical average (24.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 20.17% | 4.05% | 2.34x | 2.13x | AU$14.39 Million |
| 2020 | 23.21% | 4.62% | 1.82x | 2.76x | AU$18.88 Million |
| 2021 | 26.12% | 5.97% | 1.86x | 2.35x | AU$29.36 Million |
| 2022 | 37.65% | 8.14% | 1.69x | 2.74x | AU$64.64 Million |
| 2023 | 34.36% | 6.42% | 2.17x | 2.47x | AU$57.23 Million |
| 2024 | 16.98% | 7.93% | 1.62x | 1.32x | AU$37.11 Million |
| 2025 | 14.17% | 6.20% | 1.70x | 1.35x | AU$22.67 Million |
Industry Comparison
This section compares REDOX Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $1,518,452
- Average return on equity (ROE) among peers: -134.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| REDOX Ltd (RDX) | AU$544.27 Million | 20.17% | 0.35x | $1.39 Billion |
| Advance Zinctek Ltd (ANO) | $3.59 Million | 0.93% | 0.52x | $35.48 Million |
| First Graphene Ltd (FGR) | $940.49K | -404.58% | 0.76x | $36.27 Million |
| HAZER Group Ltd (HZR) | $22.00K | 0.00% | 4.77x | $62.04 Million |
About REDOX Ltd
Redox Limited supplies and distributes chemicals, ingredients, and raw materials in Australia, New Zealand, the United States, and internationally. It offers antioxidants, proteins and fibres, leaving agents, acidity regulator, sweeteners, thickeners, stabilisers and gums, vitamins, amino acids, mineral salts, preservatives, phosphates, humectants, essential and vegetable oils, herb and spice ext… Read more