ST Barbara Ltd (SBM) - Net Assets
Based on the latest financial reports, ST Barbara Ltd (SBM) has net assets worth AU$434.60 Million AUD (≈ $307.51 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$631.64 Million ≈ $446.92 Million USD) and total liabilities (AU$197.04 Million ≈ $139.42 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 asset resilience ratio of ST Barbara Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$434.60 Million |
| % of Total Assets | 68.8% |
| Annual Growth Rate | 7.3% |
| 5-Year Change | -66.41% |
| 10-Year Change | 24.43% |
| Growth Volatility | 65.11 |
ST Barbara Ltd - Net Assets Trend (1989–2025)
This chart illustrates how ST Barbara Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is ST Barbara Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for ST Barbara Ltd (1989–2025)
The table below shows the annual net assets of ST Barbara Ltd from 1989 to 2025. For live valuation and market cap data, see ST Barbara Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$374.05 Million ≈ $264.66 Million |
+7.09% |
| 2024-06-30 | AU$349.29 Million ≈ $247.15 Million |
-11.22% |
| 2023-06-30 | AU$393.45 Million ≈ $278.39 Million |
-64.51% |
| 2022-06-30 | AU$1.11 Billion ≈ $784.45 Million |
-0.45% |
| 2021-06-30 | AU$1.11 Billion ≈ $787.99 Million |
-17.44% |
| 2020-06-30 | AU$1.35 Billion ≈ $954.49 Million |
+7.32% |
| 2019-06-30 | AU$1.26 Billion ≈ $889.42 Million |
+88.78% |
| 2018-06-30 | AU$665.87 Million ≈ $471.15 Million |
+44.40% |
| 2017-06-30 | AU$461.13 Million ≈ $326.28 Million |
+53.40% |
| 2016-06-30 | AU$300.61 Million ≈ $212.70 Million |
+114.07% |
| 2015-06-30 | AU$140.43 Million ≈ $99.36 Million |
+6.54% |
| 2014-06-30 | AU$131.81 Million ≈ $93.27 Million |
-78.85% |
| 2013-06-30 | AU$623.23 Million ≈ $440.97 Million |
+10.53% |
| 2012-06-30 | AU$563.83 Million ≈ $398.95 Million |
+29.22% |
| 2011-06-30 | AU$436.35 Million ≈ $308.74 Million |
+24.86% |
| 2010-06-30 | AU$349.47 Million ≈ $247.27 Million |
+17.88% |
| 2009-06-30 | AU$296.47 Million ≈ $209.77 Million |
+25.27% |
| 2008-06-30 | AU$236.66 Million ≈ $167.45 Million |
+149.12% |
| 2007-06-30 | AU$95.00 Million ≈ $67.22 Million |
-4.12% |
| 2006-06-30 | AU$99.09 Million ≈ $70.11 Million |
+262.16% |
| 2005-06-30 | AU$27.36 Million ≈ $19.36 Million |
-39.00% |
| 2004-06-30 | AU$44.85 Million ≈ $31.74 Million |
+18.12% |
| 2003-06-30 | AU$37.97 Million ≈ $26.87 Million |
-36.83% |
| 2002-06-30 | AU$60.11 Million ≈ $42.53 Million |
+4.16% |
| 2001-06-30 | AU$57.70 Million ≈ $40.83 Million |
+24.50% |
| 2000-06-30 | AU$46.35 Million ≈ $32.79 Million |
+163.08% |
| 1999-12-31 | AU$17.62 Million ≈ $12.47 Million |
-58.75% |
| 1999-06-30 | AU$42.71 Million ≈ $30.22 Million |
+18.69% |
| 1998-06-30 | AU$35.99 Million ≈ $25.46 Million |
-65.77% |
| 1997-06-30 | AU$105.13 Million ≈ $74.39 Million |
+3.11% |
| 1996-06-30 | AU$101.96 Million ≈ $72.15 Million |
+7.54% |
| 1995-06-30 | AU$94.81 Million ≈ $67.08 Million |
+5.72% |
| 1994-06-30 | AU$89.68 Million ≈ $63.45 Million |
+56.71% |
| 1993-06-30 | AU$57.23 Million ≈ $40.49 Million |
+34.54% |
| 1992-06-30 | AU$42.53 Million ≈ $30.10 Million |
+43.39% |
| 1991-06-30 | AU$29.66 Million ≈ $20.99 Million |
+27.85% |
| 1990-06-30 | AU$23.20 Million ≈ $16.42 Million |
-21.57% |
| 1989-06-30 | AU$29.58 Million ≈ $20.93 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ST Barbara 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 97143400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$1.42 Billion | 380.01% |
| Other Comprehensive Income | AU$-45.15 Million | -12.07% |
| Total Equity | AU$374.05 Million | 100.00% |
ST Barbara Ltd Competitors by Market Cap
The table below lists competitors of ST Barbara Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Troy Information Technology Co Ltd
SHE:300366
|
$483.66 Million |
|
Shenzhen Kingsun Science Tech
SHE:300235
|
$483.69 Million |
|
Zhanjiang Guolian Aquatic Products
SHE:300094
|
$483.70 Million |
|
Paisalo Digital Limited
NSE:PAISALO
|
$483.74 Million |
|
Wild Bunch AG
F:WBAH
|
$483.64 Million |
|
Bowman Consulting Group Ltd
NASDAQ:BWMN
|
$483.57 Million |
|
Taiwan Mask Corp
TW:2338
|
$483.53 Million |
|
Beijing YJK Building Software Co.Ltd.
SHE:300935
|
$483.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ST Barbara Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 349,293,000 to 374,045,000, a change of 24,752,000 (7.1%).
- Net loss of 93,784,000 reduced equity.
- Share repurchases of 94,742,000 reduced equity.
- Other comprehensive income increased equity by 6,440,001.
- Other factors increased equity by 206,837,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-93.78 Million | -25.07% |
| Share Repurchases | AU$94.74 Million | -25.33% |
| Other Comprehensive Income | AU$6.44 Million | +1.72% |
| Other Changes | AU$206.84 Million | +55.3% |
| Total Change | AU$- | 7.09% |
Book Value vs Market Value Analysis
This analysis compares ST Barbara 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: 1.46x
- 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 10.20x to 1.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-06-30 | AU$0.06 | AU$0.57 | x |
| 1990-06-30 | AU$0.04 | AU$0.57 | x |
| 1991-06-30 | AU$0.06 | AU$0.57 | x |
| 1992-06-30 | AU$1.16 | AU$0.57 | x |
| 1993-06-30 | AU$1.55 | AU$0.57 | x |
| 1994-06-30 | AU$2.28 | AU$0.57 | x |
| 1995-06-30 | AU$2.31 | AU$0.57 | x |
| 1996-06-30 | AU$2.48 | AU$0.57 | x |
| 1997-06-30 | AU$2.56 | AU$0.57 | x |
| 1998-06-30 | AU$0.83 | AU$0.57 | x |
| 1999-06-30 | AU$1.04 | AU$0.57 | x |
| 2000-06-30 | AU$1.13 | AU$0.57 | x |
| 2001-06-30 | AU$1.38 | AU$0.57 | x |
| 2002-06-30 | AU$1.34 | AU$0.57 | x |
| 2003-06-30 | AU$0.47 | AU$0.57 | x |
| 2004-06-30 | AU$0.25 | AU$0.57 | x |
| 2005-06-30 | AU$0.22 | AU$0.57 | x |
| 2006-06-30 | AU$0.77 | AU$0.57 | x |
| 2007-06-30 | AU$0.59 | AU$0.57 | x |
| 2008-06-30 | AU$1.24 | AU$0.57 | x |
| 2009-06-30 | AU$1.19 | AU$0.57 | x |
| 2010-06-30 | AU$1.15 | AU$0.57 | x |
| 2011-06-30 | AU$1.29 | AU$0.57 | x |
| 2012-06-30 | AU$1.66 | AU$0.57 | x |
| 2013-06-30 | AU$1.32 | AU$0.57 | x |
| 2014-06-30 | AU$0.26 | AU$0.57 | x |
| 2015-06-30 | AU$0.27 | AU$0.57 | x |
| 2016-06-30 | AU$0.58 | AU$0.57 | x |
| 2017-06-30 | AU$0.86 | AU$0.57 | x |
| 2018-06-30 | AU$1.24 | AU$0.57 | x |
| 2019-06-30 | AU$2.34 | AU$0.57 | x |
| 2020-06-30 | AU$1.92 | AU$0.57 | x |
| 2021-06-30 | AU$1.58 | AU$0.57 | x |
| 2022-06-30 | AU$1.51 | AU$0.57 | x |
| 2023-06-30 | AU$0.48 | AU$0.57 | x |
| 2024-06-30 | AU$0.43 | AU$0.57 | x |
| 2025-06-30 | AU$0.39 | AU$0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ST Barbara Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -25.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.52%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.55x
- Recent ROE (-25.07%) is below the historical average (-15.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -19.06% | -41.44% | 0.35x | 1.33x | AU$-8.60 Million |
| 1990 | -27.82% | -892.81% | 0.03x | 1.05x | AU$-8.78 Million |
| 1991 | 21.66% | 122.80% | 0.07x | 2.37x | AU$3.46 Million |
| 1992 | 30.26% | 23.16% | 0.73x | 1.80x | AU$8.62 Million |
| 1993 | 11.43% | 12.10% | 0.60x | 1.57x | AU$818.30K |
| 1994 | 19.48% | 27.47% | 0.52x | 1.36x | AU$8.51 Million |
| 1995 | 12.05% | 14.58% | 0.51x | 1.62x | AU$1.94 Million |
| 1996 | 7.02% | 9.78% | 0.50x | 1.43x | AU$-3.04 Million |
| 1997 | -6.26% | -7.68% | 0.60x | 1.36x | AU$-17.09 Million |
| 1998 | -186.12% | 0.00% | 0.00x | 2.29x | AU$-70.57 Million |
| 1999 | 15.75% | 48.71% | 0.21x | 1.51x | AU$2.45 Million |
| 1999 | -43.83% | -71.82% | 0.36x | 1.70x | AU$-9.48 Million |
| 2000 | 7.85% | 9.44% | 0.59x | 1.41x | AU$-996.74K |
| 2001 | 0.10% | 0.08% | 0.77x | 1.62x | AU$-5.67 Million |
| 2002 | 0.26% | 0.28% | 0.53x | 1.70x | AU$-5.83 Million |
| 2003 | 0.66% | 0.45% | 0.73x | 2.04x | AU$-3.55 Million |
| 2004 | 3.55% | 2.78% | 0.49x | 2.58x | AU$-1.66 Million |
| 2005 | 2.16% | 1.27% | 0.51x | 3.34x | AU$-2.15 Million |
| 2006 | 6.07% | 5.22% | 0.69x | 1.69x | AU$-3.89 Million |
| 2007 | -3.05% | -2.21% | 0.48x | 2.84x | AU$-12.39 Million |
| 2008 | -7.32% | -12.08% | 0.33x | 1.81x | AU$-41.00 Million |
| 2009 | -25.75% | -27.15% | 0.60x | 1.58x | AU$-105.99 Million |
| 2010 | -11.50% | -13.49% | 0.62x | 1.37x | AU$-75.13 Million |
| 2011 | 15.73% | 18.84% | 0.66x | 1.26x | AU$24.99 Million |
| 2012 | 23.10% | 33.88% | 0.56x | 1.21x | AU$73.85 Million |
| 2013 | -31.94% | -38.89% | 0.45x | 1.81x | AU$-261.38 Million |
| 2014 | -379.96% | -93.82% | 0.87x | 4.66x | AU$-514.01 Million |
| 2015 | 28.26% | 7.24% | 0.92x | 4.22x | AU$25.64 Million |
| 2016 | 56.35% | 27.76% | 1.00x | 2.04x | AU$139.33 Million |
| 2017 | 34.17% | 24.56% | 1.06x | 1.31x | AU$111.46 Million |
| 2018 | 34.09% | 33.42% | 0.83x | 1.23x | AU$160.41 Million |
| 2019 | 11.47% | 22.17% | 0.46x | 1.12x | AU$18.46 Million |
| 2020 | 9.51% | 15.81% | 0.37x | 1.61x | AU$-6.67 Million |
| 2021 | -15.86% | -23.86% | 0.45x | 1.47x | AU$-287.96 Million |
| 2022 | -14.51% | -79.90% | 0.13x | 1.44x | AU$-271.69 Million |
| 2023 | -109.09% | -132.53% | 0.35x | 2.33x | AU$-468.54 Million |
| 2024 | -15.44% | -27.27% | 0.35x | 1.63x | AU$-88.84 Million |
| 2025 | -25.07% | -43.52% | 0.37x | 1.55x | AU$-131.19 Million |
Industry Comparison
This section compares ST Barbara Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $12,706,999
- Average return on equity (ROE) among peers: -16.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ST Barbara Ltd (SBM) | AU$434.60 Million | -19.06% | 0.45x | $483.64 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $3.85 Million |
| Ariana Resources Plc (AA2) | $28.53 Million | 13.52% | 0.07x | $58.74 Million |
| Aruma Resources Ltd (AAJ) | $1.43 Million | -42.40% | 0.11x | $6.75 Million |
| Astral Resources NL (AAR) | $2.19 Million | -61.63% | 0.02x | $184.78 Million |
| Antilles Gold Ltd (AAU) | $17.80 Million | -19.55% | 0.17x | $23.20 Million |
| Adelong Gold Ltd (ADG) | $10.46 Million | -19.33% | 0.07x | $9.43 Million |
| Ardiden Ltd (ADV) | $12.13 Million | -8.07% | 0.02x | $51.70 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $34.30 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $16.89 Million |
| Alkane Resources Ltd (ALK) | $38.70 Million | -3.43% | 0.04x | $1.46 Billion |
About ST Barbara Ltd
St Barbara Limited, together with its subsidiaries, engages in the exploration, development, mining, and sale of gold. The company also explores for silver deposits. It holds interest in the Simberi project located in the province of New Ireland, Papua New Guinea. The company was incorporated in 1969 and is based in Perth, Australia.