Sandfire Resources Ltd (SFR) - Net Assets
Based on the latest financial reports, Sandfire Resources Ltd (SFR) has net assets worth AU$1.78 Billion AUD (≈ $1.26 Billion 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$2.87 Billion ≈ $2.03 Billion USD) and total liabilities (AU$1.09 Billion ≈ $768.62 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. Explore SFR cash flow metrics to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$1.78 Billion |
| % of Total Assets | 62.13% |
| Annual Growth Rate | 36.0% |
| 5-Year Change | 95.62% |
| 10-Year Change | 364.58% |
| Growth Volatility | 432.47 |
Sandfire Resources Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Sandfire Resources Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Sandfire Resources Ltd (SFR) market capitalisation.
Annual Net Assets for Sandfire Resources Ltd (2004–2025)
The table below shows the annual net assets of Sandfire Resources Ltd from 2004 to 2025. Read debt load of Sandfire Resources Ltd for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.78 Billion ≈ $1.26 Billion |
+6.85% |
| 2024-06-30 | AU$1.67 Billion ≈ $1.18 Billion |
-35.99% |
| 2023-06-30 | AU$2.61 Billion ≈ $1.84 Billion |
+7.59% |
| 2022-06-30 | AU$2.42 Billion ≈ $1.71 Billion |
+165.84% |
| 2021-06-30 | AU$911.03 Million ≈ $644.61 Million |
+21.44% |
| 2020-06-30 | AU$750.22 Million ≈ $530.83 Million |
+24.17% |
| 2019-06-30 | AU$604.18 Million ≈ $427.49 Million |
+13.56% |
| 2018-06-30 | AU$532.05 Million ≈ $376.46 Million |
+20.41% |
| 2017-06-30 | AU$441.85 Million ≈ $312.64 Million |
+15.18% |
| 2016-06-30 | AU$383.61 Million ≈ $271.43 Million |
+43.81% |
| 2015-06-30 | AU$266.75 Million ≈ $188.74 Million |
-2.91% |
| 2014-06-30 | AU$274.74 Million ≈ $194.39 Million |
+42.23% |
| 2013-06-30 | AU$193.16 Million ≈ $136.67 Million |
+60.99% |
| 2012-06-30 | AU$119.98 Million ≈ $84.89 Million |
-18.92% |
| 2011-06-30 | AU$147.97 Million ≈ $104.70 Million |
+206.79% |
| 2010-06-30 | AU$48.23 Million ≈ $34.13 Million |
+2042.35% |
| 2009-06-30 | AU$2.25 Million ≈ $1.59 Million |
-69.88% |
| 2008-06-30 | AU$7.47 Million ≈ $5.29 Million |
+55.87% |
| 2007-06-30 | AU$4.80 Million ≈ $3.39 Million |
+37.73% |
| 2006-06-30 | AU$3.48 Million ≈ $2.46 Million |
+119.96% |
| 2005-06-30 | AU$1.58 Million ≈ $1.12 Million |
-43.37% |
| 2004-06-30 | AU$2.80 Million ≈ $1.98 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sandfire Resources 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 49523682934.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$494.70 Million | 27.68% |
| Common Stock | AU$1.33 Billion | 74.44% |
| Other Comprehensive Income | AU$-37.93 Million | -2.12% |
| Total Equity | AU$1.79 Billion | 100.00% |
Sandfire Resources Ltd Competitors by Market Cap
The table below lists competitors of Sandfire Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Turkcell Iletisim Hizmetleri AS ORD
IS:TCELL
|
$5.58 Billion |
|
Shenzhen Honor Electronic Co Ltd
SHE:300870
|
$5.58 Billion |
|
Shandong Xinchao Energy Co Ltd
SHG:600777
|
$5.58 Billion |
|
News Corp B
NASDAQ:NWS
|
$5.59 Billion |
|
KBC Ancora
BR:KBCA
|
$5.58 Billion |
|
Core Scientific, Inc. Common Stock
NASDAQ:CORZ
|
$5.57 Billion |
|
NewMarket Corporation
NYSE:NEU
|
$5.57 Billion |
|
Figure Technology Solutions, Inc. Class A Common Stock
NASDAQ:FIGR
|
$5.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sandfire Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,671,394,000 to 1,786,995,000, a change of 115,601,000 (6.9%).
- Net income of 93,251,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 16,854,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$93.25 Million | +5.22% |
| Other Comprehensive Income | AU$16.85 Million | +0.94% |
| Other Changes | AU$5.50 Million | +0.31% |
| Total Change | AU$- | 6.92% |
Book Value vs Market Value Analysis
This analysis compares Sandfire Resources 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: 4.35x
- 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 2398.90x to 4.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | AU$0.01 | AU$17.06 | x |
| 2005-06-30 | AU$0.00 | AU$17.06 | x |
| 2006-06-30 | AU$0.01 | AU$17.06 | x |
| 2007-06-30 | AU$0.01 | AU$17.06 | x |
| 2008-06-30 | AU$0.02 | AU$17.06 | x |
| 2009-06-30 | AU$0.01 | AU$17.06 | x |
| 2010-06-30 | AU$0.12 | AU$17.06 | x |
| 2011-06-30 | AU$0.38 | AU$17.06 | x |
| 2012-06-30 | AU$0.31 | AU$17.06 | x |
| 2013-06-30 | AU$0.49 | AU$17.06 | x |
| 2014-06-30 | AU$0.70 | AU$17.06 | x |
| 2015-06-30 | AU$0.68 | AU$17.06 | x |
| 2016-06-30 | AU$0.96 | AU$17.06 | x |
| 2017-06-30 | AU$1.11 | AU$17.06 | x |
| 2018-06-30 | AU$1.35 | AU$17.06 | x |
| 2019-06-30 | AU$1.53 | AU$17.06 | x |
| 2020-06-30 | AU$3.87 | AU$17.06 | x |
| 2021-06-30 | AU$2.31 | AU$17.06 | x |
| 2022-06-30 | AU$6.16 | AU$17.06 | x |
| 2023-06-30 | AU$6.64 | AU$17.06 | x |
| 2024-06-30 | AU$3.66 | AU$17.06 | x |
| 2025-06-30 | AU$3.92 | AU$17.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sandfire Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.87%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.61x
- Recent ROE (5.22%) is above the historical average (-19.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -19.28% | -718.44% | 0.03x | 1.03x | AU$-818.35K |
| 2005 | -92.77% | 0.00% | 0.00x | 1.07x | AU$-1.63 Million |
| 2006 | -58.45% | 0.00% | 0.00x | 1.04x | AU$-2.38 Million |
| 2007 | -94.89% | -34822.56% | 0.00x | 1.13x | AU$-5.03 Million |
| 2008 | -69.33% | -39051.62% | 0.00x | 1.12x | AU$-5.93 Million |
| 2009 | -184.55% | 0.00% | 0.00x | 1.15x | AU$-4.38 Million |
| 2010 | -52.06% | 0.00% | 0.00x | 1.06x | AU$-29.93 Million |
| 2011 | -19.54% | 0.00% | 0.00x | 1.25x | AU$-43.71 Million |
| 2012 | -20.37% | -117.32% | 0.04x | 4.52x | AU$-36.44 Million |
| 2013 | 41.58% | 17.86% | 0.87x | 2.67x | AU$60.99 Million |
| 2014 | 26.78% | 14.71% | 0.96x | 1.90x | AU$46.11 Million |
| 2015 | 19.83% | 12.57% | 0.92x | 1.71x | AU$26.21 Million |
| 2016 | 12.69% | 9.65% | 0.87x | 1.51x | AU$10.18 Million |
| 2017 | 13.64% | 11.61% | 0.88x | 1.34x | AU$15.88 Million |
| 2018 | 23.26% | 21.58% | 0.83x | 1.29x | AU$70.13 Million |
| 2019 | 17.70% | 17.72% | 0.80x | 1.25x | AU$46.33 Million |
| 2020 | 9.89% | 11.47% | 0.71x | 1.22x | AU$-847.90K |
| 2021 | 18.99% | 22.34% | 0.65x | 1.31x | AU$81.61 Million |
| 2022 | 6.35% | 10.86% | 0.29x | 2.04x | AU$-88.47 Million |
| 2023 | -2.94% | -6.59% | 0.25x | 1.82x | AU$-337.51 Million |
| 2024 | -1.04% | -1.88% | 0.31x | 1.79x | AU$-184.49 Million |
| 2025 | 5.22% | 7.87% | 0.41x | 1.61x | AU$-85.45 Million |
Industry Comparison
This section compares Sandfire Resources Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $37,791,987
- Average return on equity (ROE) among peers: -2375.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sandfire Resources Ltd (SFR) | AU$1.78 Billion | -19.28% | 0.61x | $5.58 Billion |
| Alma Metals Ltd (ALM) | $16.89 Million | -12.58% | 0.09x | $18.98 Million |
| Austral Resources Australia Ltd (AR1) | $-8.27 Million | 0.00% | 0.00x | $96.16 Million |
| Culpeo Minerals Ltd (CPO) | $4.73 Million | -43.65% | 0.05x | $7.86 Million |
| Caravel Minerals Ltd (CVV) | $3.77K | -23646.44% | 0.07x | $116.63 Million |
| Cyprium Metals Ltd (CYM) | $2.51 Million | 0.72% | 0.35x | $151.34 Million |
| Greenx Metals Ltd (GRX) | $14.20 Million | 11.41% | 0.01x | $197.16 Million |
| Hot Chili Ltd (HCH) | $95.39 Million | -9.96% | 0.12x | $210.61 Million |
| Hillgrove Resources Ltd (HGO) | $-41.52 Million | 0.00% | 0.00x | $94.21 Million |
| Kincora Copper Ltd (KCC) | $25.97 Million | -0.62% | 0.02x | $25.26 Million |
| MAC Copper Ltd (MAC) | $268.03 Million | -53.93% | 3.87x | $1.08 Billion |
About Sandfire Resources Ltd
Sandfire Resources Limited, a mining company, explores for, evaluates, and develops mineral tenements and projects. It primarily explores for copper, gold, silver, lead, and zinc deposits. The company was incorporated in 2003 and is based in West Perth, Australia.