WA1 Resources Ltd
WA1 Resources Ltd engages in the exploration and development of mineral resources in Western Australia and Northern territory. It explores for iron oxide, copper, gold, nickel, and luni-niobium deposits. The company's flagship project is the Linu Niobium project located approximately 490 kilometers south of Halls Creek in Western Australia. WA1 Resources Ltd was incorporated in 2021 and is based … Read more
WA1 Resources Ltd (WA1) - Net Assets
Latest net assets as of June 2025: AU$125.94 Million AUD
Based on the latest financial reports, WA1 Resources Ltd (WA1) has net assets worth AU$125.94 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$130.26 Million) and total liabilities (AU$4.32 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$125.94 Million |
| % of Total Assets | 96.68% |
| Annual Growth Rate | 322.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 375.69 |
WA1 Resources Ltd - Net Assets Trend (2021–2025)
This chart illustrates how WA1 Resources 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 WA1 Resources Ltd (2021–2025)
The table below shows the annual net assets of WA1 Resources Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$125.94 Million | +74.90% |
| 2024-06-30 | AU$72.01 Million | +219.13% |
| 2023-06-30 | AU$22.56 Million | +394.86% |
| 2022-06-30 | AU$4.56 Million | +1056.86% |
| 2021-06-30 | AU$394.15K | -- |
Equity Component Analysis
This analysis shows how different components contribute to WA1 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 decreased by 1118672500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$134.20 Million | 106.55% |
| Other Comprehensive Income | AU$2.98 Million | 2.37% |
| Other Components | AU$362.00 | 0.00% |
| Total Equity | AU$125.94 Million | 100.00% |
WA1 Resources Ltd Competitors by Market Cap
The table below lists competitors of WA1 Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chun Yuan Steel Industry Co Ltd
TW:2010
|
$342.51 Million |
|
Elmera Group ASA
OL:ELMRA
|
$342.57 Million |
|
Norwegian Energy Co. ASA
LSE:0HTF
|
$342.63 Million |
|
Südzucker AG
PINK:SUEZF
|
$342.70 Million |
|
Alight Inc
NYSE:ALIT
|
$342.46 Million |
|
Jiangsu Canlon Building Materials Co Ltd
SHE:300715
|
$342.32 Million |
|
Sunmax Biotechnology Co Ltd
TWO:4728
|
$342.29 Million |
|
BCI Minerals Ltd
AU:BCI
|
$342.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WA1 Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 72,008,450 to 125,943,000, a change of 53,934,550 (74.9%).
- Net loss of 4,801,980 reduced equity.
- Share repurchases of 3,172,925 reduced equity.
- New share issuances of 60,855,004 increased equity.
- Other comprehensive income increased equity by 1,054,849.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.80 Million | -3.81% |
| Share Repurchases | AU$3.17 Million | -2.52% |
| Share Issuances | AU$60.86 Million | +48.32% |
| Other Comprehensive Income | AU$1.05 Million | +0.84% |
| Other Changes | AU$-398.00 | -0.0% |
| Total Change | AU$- | 74.90% |
Book Value vs Market Value Analysis
This analysis compares WA1 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: 7.09x
- 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 1778.05x to 7.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | AU$0.01 | AU$13.40 | x |
| 2022-06-30 | AU$0.15 | AU$13.40 | x |
| 2023-06-30 | AU$0.47 | AU$13.40 | x |
| 2024-06-30 | AU$1.24 | AU$13.40 | x |
| 2025-06-30 | AU$1.89 | AU$13.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WA1 Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-3.81%) is above the historical average (-8.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -12.65% | 0.00% | 0.00x | 1.59x | AU$-89.26K |
| 2022 | -13.65% | -2223535.71% | 0.00x | 1.03x | AU$-1.08 Million |
| 2023 | -9.84% | -850.13% | 0.01x | 1.10x | AU$-4.48 Million |
| 2024 | -4.92% | 0.00% | 0.00x | 1.05x | AU$-10.74 Million |
| 2025 | -3.81% | 0.00% | 0.00x | 1.03x | AU$-17.40 Million |
Industry Comparison
This section compares WA1 Resources Ltd's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $39,872,798
- Average return on equity (ROE) among peers: -6.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WA1 Resources Ltd (WA1) | AU$125.94 Million | -12.65% | 0.03x | $342.48 Million |
| Alma Metals Ltd (ALM) | $12.51 Million | -39.25% | 0.02x | $9.87 Million |
| Austral Resources Australia Ltd (AR1) | $901.74K | 355.70% | 0.11x | $12.69 Million |
| Castillo Copper Ltd (CCZ) | $3.03 Million | -58.54% | 0.10x | $9.90 Million |
| Culpeo Minerals Ltd (CPO) | $-601.52K | 0.00% | 0.00x | $1.83 Million |
| Copper Strike Ltd (CSE) | $19.10 Million | -6.32% | 0.02x | $4.95 Million |
| Caravel Minerals Ltd (CVV) | $4.60 Million | -139.17% | 0.20x | $89.58 Million |
| Greenx Metals Ltd (GRX) | $11.81 Million | -30.96% | 0.33x | $115.59 Million |
| Hot Chili Ltd (HCH) | $79.08 Million | -10.89% | 0.17x | $111.71 Million |
| MAC Copper Ltd (MAC) | $268.03 Million | -53.93% | 3.87x | $943.30 Million |
| Noronex Ltd (NRX) | $260.73K | -79.78% | 0.02x | $2.26 Million |