WA1 Resources Ltd (WA1) - Net Assets
Based on the latest financial reports, WA1 Resources Ltd (WA1) has net assets worth AU$219.32 Million AUD (≈ $155.18 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$224.99 Million ≈ $159.20 Million USD) and total liabilities (AU$5.67 Million ≈ $4.01 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 financial resilience of WA1 Resources Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$219.32 Million |
| % of Total Assets | 97.48% |
| 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. Also explore balance sheet size of WA1 Resources Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see WA1 Resources Ltd (WA1) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 |
|---|---|
|
Cascades Inc.
TO:CAS
|
$797.35 Million |
|
Shandong Molong Petroleum Machinery Co Ltd
SHE:002490
|
$797.47 Million |
|
Nanjing Doron Technology Corp
SHG:603528
|
$797.47 Million |
|
Glencore PLC
LSE:GLEN
|
$797.86 Million |
|
Taewoong Co.Ltd
KQ:044490
|
$797.25 Million |
|
WELL Health Technologies Corp
TO:WELL
|
$797.06 Million |
|
Hubei Radio and Television Information Network Co Ltd
SHE:000665
|
$797.06 Million |
|
Vontron Technology Co Ltd
SHE:000920
|
$796.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WA1 Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 72,008,450 to 125,943,000, a change of 53,934,550 (74.9%).
- Net loss of 4,801,980 reduced equity.
- Share repurchases of 3,172,925 reduced equity.
- New share issuances of 60,855,004 increased equity.
- Other comprehensive income increased equity by 1,054,849.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-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: 8.02x
- 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 2012.91x to 8.02x 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$15.17 | x |
| 2022-06-30 | AU$0.15 | AU$15.17 | x |
| 2023-06-30 | AU$0.47 | AU$15.17 | x |
| 2024-06-30 | AU$1.24 | AU$15.17 | x |
| 2025-06-30 | AU$1.89 | AU$15.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WA1 Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-3.81%) is above the historical average (-8.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -12.65% | 0.00% | 0.00x | 1.59x | AU$-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: $97,221,292
- Average return on equity (ROE) among peers: -2386.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WA1 Resources Ltd (WA1) | AU$219.32 Million | -12.65% | 0.03x | $797.35 Million |
| Alma Metals Ltd (ALM) | $16.89 Million | -12.58% | 0.09x | $18.98 Million |
| Austral Resources Australia Ltd (AR1) | $328.25K | -174.71% | 0.46x | $91.35 Million |
| Culpeo Minerals Ltd (CPO) | $9.59 Million | -18.91% | -0.04x | $6.74 Million |
| Caravel Minerals Ltd (CVV) | $3.77K | -23646.44% | 0.07x | $98.84 Million |
| Cyprium Metals Ltd (CYM) | $2.51 Million | 0.72% | 0.35x | $147.25 Million |
| Greenx Metals Ltd (GRX) | $14.20 Million | 11.41% | 0.01x | $200.46 Million |
| Hot Chili Ltd (HCH) | $95.39 Million | -9.96% | 0.12x | $245.60 Million |
| Hillgrove Resources Ltd (HGO) | $240.25 Million | 1.72% | 0.27x | $94.21 Million |
| Kincora Copper Ltd (KCC) | $26.10 Million | -4.60% | 0.03x | $30.86 Million |
| MAC Copper Ltd (MAC) | $566.96 Million | -14.41% | 1.48x | $1.08 Billion |
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 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