White Energy Company Ltd (WEC) - Net Assets

Latest as of June 2025: AU$-43.77 Million AUD ≈ $-30.97 Million USD

Based on the latest financial reports, White Energy Company Ltd (WEC) has net assets worth AU$-43.77 Million AUD (≈ $-30.97 Million 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$12.92 Million ≈ $9.14 Million USD) and total liabilities (AU$56.69 Million ≈ $40.11 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 WEC financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$-43.77 Million
% of Total Assets	-338.75%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-357.16%
Growth Volatility	380.49

White Energy Company Ltd - Net Assets Trend (1998–2025)

This chart illustrates how White Energy Company Ltd's net assets have evolved over time, based on quarterly financial data. Also explore WEC asset base for the complete picture of this company's asset base.

Annual Net Assets for White Energy Company Ltd (1998–2025)

The table below shows the annual net assets of White Energy Company Ltd from 1998 to 2025. For live valuation and market cap data, see White Energy Company Ltd stock valuation.

Year	Net Assets	Change
2025-06-30	AU$-43.77 Million ≈ $-30.97 Million	-6.69%
2024-06-30	AU$-41.02 Million ≈ $-29.02 Million	+6.50%
2023-06-30	AU$-43.87 Million ≈ $-31.04 Million	-13.41%
2022-06-30	AU$-38.69 Million ≈ $-27.37 Million	-43.43%
2021-06-30	AU$-26.97 Million ≈ $-19.08 Million	+49.27%
2020-06-30	AU$-53.16 Million ≈ $-37.61 Million	+2.30%
2019-06-30	AU$-54.41 Million ≈ $-38.50 Million	-18.92%
2018-06-30	AU$-45.76 Million ≈ $-32.38 Million	-82.39%
2017-06-30	AU$-25.09 Million ≈ $-17.75 Million	-247.41%
2016-06-30	AU$17.02 Million ≈ $12.04 Million	-83.21%
2015-06-30	AU$101.34 Million ≈ $71.70 Million	-27.39%
2014-06-30	AU$139.56 Million ≈ $98.75 Million	-23.24%
2013-06-30	AU$181.82 Million ≈ $128.65 Million	-38.84%
2012-06-30	AU$297.28 Million ≈ $210.34 Million	-19.78%
2011-06-30	AU$370.57 Million ≈ $262.20 Million	+115.65%
2010-06-30	AU$171.84 Million ≈ $121.59 Million	+108.71%
2009-06-30	AU$82.33 Million ≈ $58.26 Million	+15.97%
2008-06-30	AU$71.00 Million ≈ $50.23 Million	-8.36%
2007-06-30	AU$77.47 Million ≈ $54.81 Million	+26.14%
2006-06-30	AU$61.41 Million ≈ $43.45 Million	+1086.60%
2005-06-30	AU$5.18 Million ≈ $3.66 Million	+804.43%
2004-06-30	AU$572.26K ≈ $404.91K	+1061.24%
2003-06-30	AU$49.28K ≈ $34.87K	-85.85%
2002-06-30	AU$348.35K ≈ $246.48K	-87.05%
2001-06-30	AU$2.69 Million ≈ $1.90 Million	-87.89%
2000-06-30	AU$22.22 Million ≈ $15.72 Million	+121.91%
1999-06-30	AU$10.01 Million ≈ $7.08 Million	-75.11%
1998-06-30	AU$40.21 Million ≈ $28.45 Million	--

Equity Component Analysis

This analysis shows how different components contribute to White Energy Company 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 55142200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Common Stock	AU$538.48 Million	%
Other Comprehensive Income	AU$11.25 Million	%
Other Components	AU$1.00	%
Total Equity	AU$-1.69 Million	100.00%

White Energy Company Ltd Competitors by Market Cap

The table below lists competitors of White Energy Company Ltd ranked by their market capitalization.

Company	Market Cap
Madhav Copper Limited NSE:MCL	$17.19 Million
Active Biotech AB ST:ACTI	$17.19 Million
Siren Gold Ltd AU:SNG	$17.19 Million
EV Nickel Inc V:EVNI	$17.20 Million
Minox International Group Berhad KLSE:0288	$17.17 Million
Dalaroo Metals Ltd AU:DAL	$17.17 Million
Polwax SA WAR:PWX	$17.15 Million
Passat Société Anonyme PA:PSAT	$17.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in White Energy Company Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -2,512,000 to -1,692,999, a change of 819,001.
Net loss of 23,921,000 reduced equity.
Share repurchases of 3,830,000 reduced equity.
Other comprehensive income increased equity by 20,998,000.
Other factors increased equity by 7,572,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-23.92 Million	-1412.94%
Share Repurchases	AU$3.83 Million	-226.23%
Other Comprehensive Income	AU$21.00 Million	+1240.28%
Other Changes	AU$7.57 Million	+447.25%
Total Change	AU$-	%

Book Value vs Market Value Analysis

This analysis compares White Energy Company 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-06-30	AU$274.04	AU$0.06	x
1999-06-30	AU$66.37	AU$0.06	x
2000-06-30	AU$145.10	AU$0.06	x
2001-06-30	AU$16.44	AU$0.06	x
2002-06-30	AU$2.13	AU$0.06	x
2003-06-30	AU$0.30	AU$0.06	x
2004-06-30	AU$2.93	AU$0.06	x
2005-06-30	AU$9.28	AU$0.06	x
2006-06-30	AU$45.17	AU$0.06	x
2007-06-30	AU$18.69	AU$0.06	x
2008-06-30	AU$16.61	AU$0.06	x
2009-06-30	AU$16.72	AU$0.06	x
2010-06-30	AU$23.38	AU$0.06	x
2011-06-30	AU$37.98	AU$0.06	x
2012-06-30	AU$27.15	AU$0.06	x
2013-06-30	AU$16.54	AU$0.06	x
2014-06-30	AU$12.61	AU$0.06	x
2015-06-30	AU$9.86	AU$0.06	x
2016-06-30	AU$4.76	AU$0.06	x
2017-06-30	AU$1.56	AU$0.06	x
2018-06-30	AU$0.48	AU$0.06	x
2019-06-30	AU$0.56	AU$0.06	x
2020-06-30	AU$0.87	AU$0.06	x
2021-06-30	AU$0.12	AU$0.06	x
2022-06-30	AU$-0.13	AU$0.06	x
2023-06-30	AU$-0.13	AU$0.06	x
2024-06-30	AU$-0.03	AU$0.06	x
2025-06-30	AU$-0.01	AU$0.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently White Energy Company 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -29171.95%
• Asset Turnover: 0.01x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-128.27%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	-1.09%	0.00%	0.00x	1.08x	AU$-4.51 Million
1999	-45.39%	0.00%	0.00x	1.43x	AU$-5.55 Million
2000	-120.97%	-180.10%	0.59x	1.15x	AU$-29.10 Million
2001	-706.33%	-377.02%	1.33x	1.40x	AU$-19.27 Million
2002	-672.31%	-468.40%	0.42x	3.45x	AU$-2.38 Million
2003	-606.87%	-729.44%	0.13x	6.33x	AU$-304.00K
2004	-72.00%	-2423.67%	0.02x	1.46x	AU$-469.25K
2005	-9.44%	-16031.45%	0.00x	1.02x	AU$-1.01 Million
2006	-1.60%	-2736577.78%	0.00x	1.07x	AU$-7.13 Million
2007	-13.58%	-8034.38%	0.00x	1.12x	AU$-18.14 Million
2008	-19.91%	-1240.15%	0.01x	2.03x	AU$-21.85 Million
2009	-31.41%	0.00%	0.00x	2.60x	AU$-35.25 Million
2010	-17.51%	-72504.26%	0.00x	1.84x	AU$-48.82 Million
2011	0.85%	577.19%	0.00x	1.35x	AU$-36.16 Million
2012	-32.37%	-4669.85%	0.01x	1.28x	AU$-127.33 Million
2013	-60.90%	-14476.56%	0.00x	1.10x	AU$-132.30 Million
2014	-38.34%	-177.90%	0.16x	1.33x	AU$-65.64 Million
2015	-26.69%	-107.35%	0.16x	1.58x	AU$-39.60 Million
2016	-19.36%	-1055.92%	0.01x	1.89x	AU$-15.29 Million
2017	-161.75%	-1365.99%	0.04x	3.23x	AU$-29.34 Million
2018	-201.11%	-37968.97%	0.00x	8.47x	AU$-11.56 Million
2019	-110.54%	-3489.47%	0.01x	4.81x	AU$-10.12 Million
2020	-46.14%	-3531.63%	0.00x	2.72x	AU$-9.24 Million
2021	-576.81%	-74625.00%	0.00x	5.49x	AU$-18.22 Million
2022	0.00%	-6447.78%	0.01x	0.00x	AU$-5.47 Million
2023	0.00%	-5863.21%	0.01x	0.00x	AU$-5.72 Million
2024	0.00%	-6995.51%	0.01x	0.00x	AU$-5.97 Million
2025	0.00%	-29171.95%	0.01x	0.00x	AU$-23.75 Million

Industry Comparison

This section compares White Energy Company Ltd's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

Industry: Thermal Coal
Average net assets among peers: $527,330,461
Average return on equity (ROE) among peers: -9.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
White Energy Company Ltd (WEC)	AU$-43.77 Million	-1.09%	N/A	$17.18 Million
Australian Pacific Coal Ltd (AQC)	$13.55 Million	-92.40%	1.81x	$3.22 Million
Austchina Holdings Ltd (AUH)	$16.45 Million	-3.71%	0.23x	$4.99 Million
MC Mining Ltd (MCM)	$75.41 Million	-18.99%	0.53x	$149.25 Million
New Hope Corporation Ltd (NHC)	$1.75 Billion	-3.07%	0.15x	$3.30 Billion
Pacific Resources Limited (PXR)	$16.73 Million	-7.01%	0.10x	$2.55 Million
REY Resources Ltd (REY)	$-53.00K	0.00%	0.00x	$4.04 Million
Terracom Ltd (TER)	$70.44 Million	36.03%	5.99x	$88.98 Million
Whitehaven Coal Ltd (WHC)	$1.04 Billion	0.96%	0.41x	$5.04 Billion
Yancoal Australia Ltd (YAL)	$1.76 Billion	0.00%	2.13x	$7.18 Billion

About White Energy Company Ltd

AU:WEC Australia Thermal Coal

Market Cap

$17.18 Million

AU$24.28 Million AUD

Market Cap Rank

#25491 Global

#1151 in Australia

Share Price

AU$0.06

Change (1 day)

+0.00%

52-Week Range

AU$0.03 - AU$0.06

All Time High

AU$6.30