Reward Minerals Ltd

AU:RWD Australia Other Industrial Metals & Mining
Market Cap
$7.30 Million
AU$11.79 Million AUD
Market Cap Rank
#33558 Global
#1169 in Australia
Share Price
AU$0.04
Change (1 day)
+0.00%
52-Week Range
AU$0.04 - AU$0.06
All Time High
AU$0.56
Categories
Companies in Australia Other Industrial Metals & Mining
About

Reward Minerals Ltd, together with its subsidiary, engages in the exploration and development of potash mineral properties in Australia. Its project includes the Carnarvon Potash Project which covers an area of 219 square kilometers located in Carnarvon in Western Australia. The company was incorporated in 1986 and is headquartered in Nedlands, Australia.

Reward Minerals Ltd (RWD) - Net Assets

Latest net assets as of June 2025: AU$-2.61 Million AUD

Based on the latest financial reports, Reward Minerals Ltd (RWD) has net assets worth AU$-2.61 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$4.98 Million) and total liabilities (AU$7.59 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$-2.61 Million
% of Total Assets -52.45%
Annual Growth Rate N/A
5-Year Change -102.92%
10-Year Change -104.48%
Growth Volatility 76.99

Reward Minerals Ltd - Net Assets Trend (1988–2024)

This chart illustrates how Reward Minerals 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 Reward Minerals Ltd (1988–2024)

The table below shows the annual net assets of Reward Minerals Ltd from 1988 to 2024.

Year Net Assets Change
2024-12-31 AU$-1.30 Million -106.45%
2023-12-31 AU$20.13 Million -50.12%
2022-12-31 AU$40.36 Million -8.35%
2021-12-31 AU$44.04 Million -0.98%
2020-12-31 AU$44.47 Million +9.96%
2019-12-31 AU$40.44 Million +1.56%
2018-12-31 AU$39.82 Million +13.86%
2017-12-31 AU$34.97 Million +2.25%
2016-12-31 AU$34.20 Million +18.20%
2015-12-31 AU$28.94 Million +26.73%
2014-12-31 AU$22.83 Million +29.25%
2013-12-31 AU$17.67 Million +29.37%
2012-12-31 AU$13.66 Million +25.00%
2011-12-31 AU$10.92 Million +272.44%
2010-12-31 AU$2.93 Million -38.52%
2009-12-31 AU$4.77 Million -51.12%
2008-12-31 AU$9.76 Million -6.19%
2007-12-31 AU$10.41 Million +79.75%
2006-12-31 AU$5.79 Million +69.15%
2005-12-31 AU$3.42 Million -12.12%
2004-12-31 AU$3.89 Million +319.02%
2003-12-31 AU$929.31K +0.27%
2002-12-31 AU$926.81K -12.52%
2001-12-31 AU$1.06 Million +6.72%
2000-12-31 AU$992.70K +20.59%
1999-12-31 AU$823.23K +1.92%
1998-12-31 AU$807.72K +3.08%
1997-12-31 AU$783.61K +17.59%
1996-12-31 AU$666.40K -32.89%
1994-12-31 AU$993.00K -4.70%
1993-12-31 AU$1.04 Million +1.17%
1992-12-31 AU$1.03 Million -0.87%
1991-12-31 AU$1.04 Million +1.76%
1990-12-31 AU$1.02 Million -62.85%
1989-12-31 AU$2.75 Million -25.59%
1988-12-31 AU$3.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to Reward Minerals 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 206385.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$49.02 Million %
Other Comprehensive Income AU$11.57 Million %
Total Equity AU$-1.30 Million 100.00%

Reward Minerals Ltd Competitors by Market Cap

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

Company Market Cap
GREENHY2 Ltd
AU:H2G
 		$2.55 Million
Qilian International Holding Group Limited
NASDAQ:BGM
 		$2.55 Million
Linkage Global Inc Ordinary Shares
NASDAQ:LGCB
 		$2.55 Million
Botala Energy Ltd
AU:BTE
 		$2.55 Million
Hensel Davest Indonesia Tbk PT
JK:HDIT
 		$2.55 Million
Treasure Global Inc.
NASDAQ:TGL
 		$2.55 Million
Vu Dang Investment & Trading JSC
VN:SVD
 		$2.54 Million
Mobilia Holdings Bhd
KLSE:0229
 		$2.54 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 20,131,997 to -1,297,807, a change of -21,429,804 (-106.4%).
  • Net loss of 23,676,000 reduced equity.
  • Share repurchases of 55,895 reduced equity.
  • New share issuances of 2,301,986 increased equity.
  • Other factors increased equity by 105.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-23.68 Million -1824.31%
Share Repurchases AU$55.90K -4.31%
Share Issuances AU$2.30 Million +177.38%
Other Changes AU$105.00 +0.01%
Total Change AU$- -106.45%

Book Value vs Market Value Analysis

This analysis compares Reward Minerals 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1988-12-31 AU$0.02 AU$0.04 x
1989-12-31 AU$0.02 AU$0.04 x
1990-12-31 AU$0.01 AU$0.04 x
1991-12-31 AU$0.11 AU$0.04 x
1992-12-31 AU$0.11 AU$0.04 x
1993-12-31 AU$0.11 AU$0.04 x
1994-12-31 AU$0.10 AU$0.04 x
1996-12-31 AU$0.06 AU$0.04 x
1997-12-31 AU$0.07 AU$0.04 x
1998-12-31 AU$0.07 AU$0.04 x
1999-12-31 AU$0.07 AU$0.04 x
2000-12-31 AU$0.08 AU$0.04 x
2001-12-31 AU$0.09 AU$0.04 x
2002-12-31 AU$0.12 AU$0.04 x
2003-12-31 AU$0.08 AU$0.04 x
2004-12-31 AU$0.12 AU$0.04 x
2005-12-31 AU$0.09 AU$0.04 x
2006-12-31 AU$0.13 AU$0.04 x
2007-12-31 AU$0.17 AU$0.04 x
2008-12-31 AU$0.16 AU$0.04 x
2009-12-31 AU$0.07 AU$0.04 x
2010-12-31 AU$0.04 AU$0.04 x
2011-12-31 AU$0.14 AU$0.04 x
2012-12-31 AU$0.17 AU$0.04 x
2013-12-31 AU$0.20 AU$0.04 x
2014-12-31 AU$0.20 AU$0.04 x
2015-12-31 AU$0.25 AU$0.04 x
2016-12-31 AU$0.25 AU$0.04 x
2017-12-31 AU$0.26 AU$0.04 x
2018-12-31 AU$0.27 AU$0.04 x
2019-12-31 AU$0.23 AU$0.04 x
2020-12-31 AU$0.26 AU$0.04 x
2021-12-31 AU$0.23 AU$0.04 x
2022-12-31 AU$0.20 AU$0.04 x
2023-12-31 AU$0.09 AU$0.04 x
2024-12-31 AU$-0.01 AU$0.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Reward Minerals 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -222018.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-27.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1988 -0.62% 0.00% 0.00x 2.59x AU$-275.10K
1989 8.08% 0.00% 0.00x 1.02x AU$-52.80K
1996 -492.50% 0.00% 0.00x 1.52x AU$-3.35 Million
1998 -2.10% 0.00% 0.00x 1.18x AU$-97.77K
1999 1.88% 0.00% 0.00x 1.09x AU$-66.81K
2000 17.07% 72.11% 0.21x 1.13x AU$70.19K
2001 6.30% 48.35% 0.12x 1.08x AU$-39.22K
2002 -14.31% -1020.02% 0.01x 1.01x AU$-225.28K
2003 -14.91% -494.95% 0.03x 1.05x AU$-231.52K
2004 -4.38% -149.74% 0.03x 1.01x AU$-560.10K
2005 -13.79% -23589.35% 0.00x 1.03x AU$-814.00K
2006 -9.64% -468.91% 0.02x 1.04x AU$-1.14 Million
2007 -3.19% -116.08% 0.03x 1.01x AU$-1.37 Million
2008 -19.30% -70987.19% 0.00x 1.08x AU$-2.86 Million
2009 -66.71% -2658.26% 0.02x 1.08x AU$-3.66 Million
2010 -62.66% -1209.21% 0.05x 1.14x AU$-2.13 Million
2011 -27.62% -1187.80% 0.02x 1.07x AU$-4.11 Million
2012 -5.27% -391.09% 0.01x 1.03x AU$-2.09 Million
2013 -4.14% -889.81% 0.00x 1.07x AU$-2.50 Million
2014 -3.51% -868.50% 0.00x 1.03x AU$-3.08 Million
2015 0.78% 166.07% 0.00x 1.02x AU$-2.67 Million
2016 4.27% 861.81% 0.00x 1.02x AU$-1.96 Million
2017 2.03% 1606.61% 0.00x 1.02x AU$-2.79 Million
2018 -0.39% -330.81% 0.00x 1.02x AU$-4.14 Million
2019 1.53% 1518.89% 0.00x 1.02x AU$-3.42 Million
2020 -0.54% -6113.09% 0.00x 1.05x AU$-4.69 Million
2021 -1.44% -149295.77% 0.00x 1.08x AU$-5.04 Million
2022 -9.68% -70899.85% 0.00x 1.10x AU$-7.94 Million
2023 -112.62% -94160.89% 0.00x 1.21x AU$-24.69 Million
2024 0.00% -222018.00% 0.00x 0.00x AU$-23.55 Million

Industry Comparison

This section compares Reward Minerals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $2,995,611
  • Average return on equity (ROE) among peers: -21.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Reward Minerals Ltd (RWD) AU$-2.61 Million -0.62% N/A $2.55 Million
EXULTANT FPO [10X] (10X) $5.63 Million -1.35% 0.01x $1.10K
Morella Corporation Ltd (1MC) $5.43 Million -6.71% 0.57x $2.93 Million
6K Additive Inc (6KA) $-21.36 Million 0.00% 0.00x $24.91 Million
Atlantic Lithium Ltd (A11) $789.39K -143.95% 0.47x $71.83 Million
African Gold Ltd (A1G) $6.42 Million -11.14% 0.01x $170.41 Million
Albright Metals Ltd (ABR) $5.61 Million 0.47% 0.11x $1.11 Million
Audalia Resources Ltd (ACP) $2.12 Million -18.55% 0.04x $893.85K
Accent Resources NL (ACS) $4.38 Million -14.12% 0.03x $211.71K
Acdc Metals Ltd (ADC) $10.13 Million -6.86% 0.04x $1.02 Million
Admiralty Resources NL (ADY) $10.81 Million -14.31% 1.16x $5.70 Million