WA1 Resources Ltd Net Assets
WA1 Resources Ltd net assets. Based on the latest financial reports, WA1 Resources Ltd (WA1) has net assets worth AU$218.11 Million AUD (≈ $154.33 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$228.19 Million ≈ $161.46 Million USD) and total liabilities (AU$10.08 Million ≈ $7.13 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. Also explore how fast is WA1 Resources Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$218.11 Million |
| % of Total Assets | 95.58% |
| Annual Growth Rate | 253.74% |
| 5-Year Change | 4683.41% |
| 10-Year Change | N/A |
| Growth Volatility | 366.1 |
Net Assets of WA1 Resources Ltd (2021–2026)
Net assets of WA1 Resources Ltd from 2021 to 2026. This chart illustrates how WA1 Resources Ltd's net assets have evolved over time, based on quarterly financial data. See WA1 Resources Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for WA1 Resources Ltd (2021–2026)
The table below shows the annual net assets of WA1 Resources Ltd from 2021 to 2026. For live market cap and overall valuation, see how much is WA1 Resources Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$218.11 Million ≈ $154.33 Million |
+73.18% |
| 2025-06-30 | AU$125.94 Million ≈ $89.11 Million |
+74.90% |
| 2024-06-30 | AU$72.01 Million ≈ $50.95 Million |
+219.13% |
| 2023-06-30 | AU$22.56 Million ≈ $15.97 Million |
+394.86% |
| 2022-06-30 | AU$4.56 Million ≈ $3.23 Million |
+1056.86% |
| 2021-06-30 | AU$394.15K ≈ $278.89K |
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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 1507505400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
WA1 Resources Ltd Net Assets Breakdown (June 2026)
WA1 Resources Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$230.68 Million | 105.76% |
| Other Comprehensive Income | AU$2.56 Million | 1.17% |
| Total Equity | AU$218.11 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 |
|---|---|
|
Transcoal Pacific Tbk PT
JK:TCPI
|
$418.96 Million |
|
African Gold Ltd
AU:A1G
|
$419.02 Million |
|
2CRSI S.A.
PA:AL2SI
|
$419.24 Million |
|
TSEC Corp
TW:6443
|
$419.25 Million |
|
Beijing Mainstreets Investment
SHE:000609
|
$418.65 Million |
|
Jinfa Labi Maternity & Baby Articles Co Ltd
SHE:002762
|
$418.58 Million |
|
Magnum Bhd
KLSE:3859
|
$418.56 Million |
|
RADIANCE HLDGS GRP.HD-01
F:RDH
|
$418.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WA1 Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 125,943,000 to 218,112,417, a change of 92,169,417 (73.2%).
- Net loss of 3,888,329 reduced equity.
- Other comprehensive income decreased equity by 420,205.
- Other factors increased equity by 96,477,951.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.89 Million | -1.78% |
| Other Comprehensive Income | AU$-420.20K | -0.19% |
| Other Changes | AU$96.48 Million | +44.23% |
| Total Change | AU$- | 73.18% |
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: 2.68x
- 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 1056.21x to 2.68x 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$7.96 | x |
| 2022-06-30 | AU$0.15 | AU$7.96 | x |
| 2023-06-30 | AU$0.47 | AU$7.96 | x |
| 2024-06-30 | AU$1.24 | AU$7.96 | x |
| 2025-06-30 | AU$1.89 | AU$7.96 | x |
| 2026-06-30 | AU$2.97 | AU$7.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WA1 Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.05x
- Recent ROE (-1.78%) is above the historical average (-7.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -12.65% | 0.00% | 0.00x | 1.59x | AU$-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 |
| 2026 | -1.78% | 0.00% | 0.00x | 1.05x | AU$-25.70 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: $83,944,351
- Average return on equity (ROE) among peers: -63.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WA1 Resources Ltd (WA1) | AU$218.11 Million | -12.65% | 0.05x | $418.78 Million |
| Alma Metals Ltd (ALM) | $12.51 Million | -39.25% | 0.02x | $11.07 Million |
| Austral Resources Australia Ltd (AR1) | $-4.07 Million | 0.00% | 0.00x | $92.05 Million |
| Culpeo Minerals Ltd (CPO) | $4.86 Million | -56.52% | 0.04x | $6.19 Million |
| Caravel Minerals Ltd (CVV) | $4.43 Million | -122.16% | 0.08x | $73.14 Million |
| Cyprium Metals Ltd (CYM) | $4.76 Million | -56.47% | 0.70x | $116.57 Million |
| Greenx Metals Ltd (GRX) | $12.45 Million | -155.74% | 0.37x | $190.01 Million |
| Hot Chili Ltd (HCH) | $127.14 Million | -0.91% | 0.08x | $170.24 Million |
| Kincora Copper Ltd (KCC) | $833.00K | -179.83% | 2.26x | $25.71 Million |
| MAC Copper Ltd (MAC) | $566.96 Million | -14.41% | 1.48x | $1.08 Billion |
| Marimaca Copper Corp. (MC2) | $109.58 Million | -12.55% | 0.03x | $626.39 Million |
About 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 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 in Su… Read more