Redflow Ltd (RFX) - Net Assets

Latest as of December 2023: AU$7.41 Million AUD ≈ $5.24 Million USD

Based on the latest financial reports, Redflow Ltd (RFX) has net assets worth AU$7.41 Million AUD (≈ $5.24 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$16.87 Million ≈ $11.94 Million USD) and total liabilities (AU$9.47 Million ≈ $6.70 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 Redflow Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$7.41 Million
% of Total Assets	43.89%
Annual Growth Rate	19.14%
5-Year Change	-48.2%
10-Year Change	-12.15%
Growth Volatility	807.31

Redflow Ltd - Net Assets Trend (2008–2023)

This chart illustrates how Redflow Ltd's net assets have evolved over time, based on quarterly financial data. Also explore RFX asset base for the complete picture of this company's asset base.

Annual Net Assets for Redflow Ltd (2008–2023)

The table below shows the annual net assets of Redflow Ltd from 2008 to 2023. For live valuation and market cap data, see Redflow Ltd market capitalisation.

Year	Net Assets	Change
2023-06-30	AU$9.12 Million ≈ $6.45 Million	-6.80%
2022-06-30	AU$9.78 Million ≈ $6.92 Million	+9.53%
2021-06-30	AU$8.93 Million ≈ $6.32 Million	+5.39%
2020-06-30	AU$8.47 Million ≈ $5.99 Million	-51.85%
2019-06-30	AU$17.60 Million ≈ $12.45 Million	-15.34%
2018-06-30	AU$20.79 Million ≈ $14.71 Million	+1025.62%
2017-06-30	AU$1.85 Million ≈ $1.31 Million	-87.06%
2016-06-30	AU$14.27 Million ≈ $10.09 Million	-1.40%
2015-06-30	AU$14.47 Million ≈ $10.24 Million	+39.46%
2014-06-30	AU$10.38 Million ≈ $7.34 Million	+78.27%
2013-06-30	AU$5.82 Million ≈ $4.12 Million	-14.05%
2012-06-30	AU$6.77 Million ≈ $4.79 Million	-57.75%
2011-06-30	AU$16.03 Million ≈ $11.34 Million	-30.34%
2010-06-30	AU$23.01 Million ≈ $16.28 Million	+3127.96%
2009-06-30	AU$712.80K ≈ $504.35K	+8.16%
2008-06-30	AU$659.00K ≈ $466.28K	--

Equity Component Analysis

This analysis shows how different components contribute to Redflow 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 15044488500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2023)

Component	Amount	Percentage
Common Stock	AU$153.71 Million	1686.25%
Other Comprehensive Income	AU$5.85 Million	64.19%
Other Components	AU$1.00	0.00%
Total Equity	AU$9.12 Million	100.00%

Redflow Ltd Competitors by Market Cap

The table below lists competitors of Redflow Ltd ranked by their market capitalization.

Company	Market Cap
Alpha Microelectronics TWO:8024	$18.14 Million
Blue Shark Power System SA PA:MLBSP	$18.15 Million
Vichitbhan Palmoil Public Company Limited BK:VPO	$18.17 Million
Blackwall Ltd AU:BWF	$18.18 Million
Managepay Systems Bhd KLSE:0156	$18.14 Million
Vunani Ltd JSE:VUN	$18.13 Million
Mineral Commodities Ltd AU:MRC	$18.11 Million
Western Mines Group Ltd AU:WMG	$18.11 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2022 to 2023, total equity changed from 9,780,060 to 9,115,415, a change of -664,645 (-6.8%).
Net loss of 13,664,049 reduced equity.
Dividend payments of 168,456 reduced retained earnings.
Share repurchases of 578,605 reduced equity.
New share issuances of 10,621,600 increased equity.
Other comprehensive income decreased equity by 7,593.
Other factors increased equity by 3,132,458.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	AU$-13.66 Million	-149.9%
Dividends Paid	AU$168.46K	-1.85%
Share Repurchases	AU$578.61K	-6.35%
Share Issuances	AU$10.62 Million	+116.52%
Other Comprehensive Income	AU$-7.59K	-0.08%
Other Changes	AU$3.13 Million	+34.36%
Total Change	AU$-	-6.80%

Book Value vs Market Value Analysis

This analysis compares Redflow 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: 1.85x
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 15.54x to 1.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-06-30	AU$0.01	AU$0.10	x
2010-06-30	AU$3.87	AU$0.10	x
2011-06-30	AU$2.39	AU$0.10	x
2012-06-30	AU$0.61	AU$0.10	x
2013-06-30	AU$0.35	AU$0.10	x
2014-06-30	AU$0.54	AU$0.10	x
2015-06-30	AU$0.49	AU$0.10	x
2016-06-30	AU$0.39	AU$0.10	x
2017-06-30	AU$0.04	AU$0.10	x
2018-06-30	AU$0.38	AU$0.10	x
2019-06-30	AU$0.24	AU$0.10	x
2020-06-30	AU$0.09	AU$0.10	x
2021-06-30	AU$0.08	AU$0.10	x
2022-06-30	AU$0.07	AU$0.10	x
2023-06-30	AU$0.05	AU$0.10	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Redflow 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): -149.90%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1105.89%
• Asset Turnover: 0.09x
• Equity Multiplier: 1.53x
Recent ROE (-149.90%) is above the historical average (-167.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	-321.51%	-357.98%	0.55x	1.63x	AU$-2.36 Million
2011	-45.50%	-402.05%	0.10x	1.16x	AU$-8.90 Million
2012	-321.13%	-822.47%	0.32x	1.23x	AU$-22.42 Million
2013	-99.41%	-591.74%	0.14x	1.18x	AU$-6.37 Million
2014	-34.78%	-2036.75%	0.01x	1.18x	AU$-4.65 Million
2015	-85.07%	-9456.42%	0.01x	1.28x	AU$-13.76 Million
2016	-98.98%	-1281.02%	0.06x	1.19x	AU$-15.55 Million
2017	-699.38%	-1001.65%	0.13x	5.55x	AU$-13.10 Million
2018	-57.70%	-694.13%	0.07x	1.17x	AU$-14.07 Million
2019	-65.75%	-1446.12%	0.04x	1.18x	AU$-13.33 Million
2020	-118.24%	-514.14%	0.18x	1.30x	AU$-10.86 Million
2021	-106.90%	-409.64%	0.14x	1.89x	AU$-10.44 Million
2022	-135.45%	-814.31%	0.10x	1.75x	AU$-14.22 Million
2023	-149.90%	-1105.89%	0.09x	1.53x	AU$-14.58 Million

Industry Comparison

This section compares Redflow Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

Industry: Electrical Equipment & Parts
Average net assets among peers: $17,305,371
Average return on equity (ROE) among peers: 7.89%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Redflow Ltd (RFX)	AU$7.41 Million	-321.51%	1.28x	$18.14 Million
ChemX Materials Ltd (CMX)	$10.17 Million	-18.55%	0.03x	$23.74 Million
Excelsior Capital Ltd (ECL)	$49.23 Million	8.62%	0.11x	$19.28 Million
Energy Technologies Ltd (EGY)	$2.97 Million	0.00%	0.09x	$8.84 Million
FOS Capital Ltd (FOS)	$6.92 Million	10.72%	0.59x	$5.84 Million
Li-S Energy Ltd (LIS)	$22.75 Million	-7.40%	0.02x	$52.09 Million
Novonix Ltd (NVX)	$-3.93K	0.00%	0.00x	$155.15 Million
PPK Group Ltd (PPK)	$46.96 Million	21.53%	0.35x	$20.56 Million
Rectifier Technologies Ltd (RFT)	$-7.79 Million	0.00%	0.00x	$3.91 Million
SKS Technologies Group Ltd (SKS)	$24.54 Million	56.10%	3.50x	$480.89 Million

About Redflow Ltd

AU:RFX Australia Electrical Equipment & Parts

Market Cap

$18.14 Million

AU$25.64 Million AUD

Market Cap Rank

#25319 Global

#1132 in Australia

Share Price

AU$0.10

Change (1 day)

+0.00%

52-Week Range

AU$0.10 - AU$0.10

All Time High

AU$6.22