Winchester Energy Ltd (WEL) - Net Assets

Latest as of December 2025: AU$4.48 Million AUD ≈ $3.17 Million USD

Based on the latest financial reports, Winchester Energy Ltd (WEL) has net assets worth AU$4.48 Million AUD (≈ $3.17 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$5.93 Million ≈ $4.20 Million USD) and total liabilities (AU$1.45 Million ≈ $1.03 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 Winchester Energy Ltd (WEL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$4.48 Million
% of Total Assets	75.49%
Annual Growth Rate	-13.71%
5-Year Change	-53.05%
10-Year Change	-76.81%
Growth Volatility	48.68

Winchester Energy Ltd - Net Assets Trend (2014–2025)

This chart illustrates how Winchester Energy Ltd's net assets have evolved over time, based on quarterly financial data. See Winchester Energy Ltd (WEL) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Winchester Energy Ltd (2014–2025)

The table below shows the annual net assets of Winchester Energy Ltd from 2014 to 2025. For live valuation and market cap data, see Winchester Energy Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	AU$4.48 Million ≈ $3.17 Million	-23.35%
2024-12-31	AU$5.84 Million ≈ $4.14 Million	-11.67%
2023-12-31	AU$6.62 Million ≈ $4.68 Million	-27.21%
2022-12-31	AU$9.09 Million ≈ $6.43 Million	-4.73%
2021-12-31	AU$9.54 Million ≈ $6.75 Million	+28.06%
2020-12-31	AU$7.45 Million ≈ $5.27 Million	-31.13%
2019-12-31	AU$10.82 Million ≈ $7.65 Million	+129.72%
2018-12-31	AU$4.71 Million ≈ $3.33 Million	-76.97%
2017-12-31	AU$20.45 Million ≈ $14.47 Million	+5.89%
2016-12-31	AU$19.31 Million ≈ $13.67 Million	-3.62%
2015-12-31	AU$20.04 Million ≈ $14.18 Million	-11.64%
2014-12-31	AU$22.68 Million ≈ $16.05 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Winchester Energy 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 3511877600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	AU$41.22 Million	920.03%
Other Comprehensive Income	AU$84.80K	1.89%
Total Equity	AU$4.48 Million	100.00%

Winchester Energy Ltd Competitors by Market Cap

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

Company	Market Cap
Nexera Technologies Ltd. NASDAQ:NEXR	$1.21 Million
EDESAL Holding SA BA:EDLH	$1.22 Million
Jaxon Mining Inc V:JAX	$1.22 Million
Mpower Group Ltd AU:MPR	$1.22 Million
Residential Secure Income plc LSE:RESI	$1.21 Million
Canada Carbon Inc. V:CCB	$1.21 Million
Motorpoint Group PLC LSE:MOTR	$1.21 Million
Baring Emerging Europe Plc LSE:BEMO	$1.21 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,844,775 to 4,479,796, a change of -1,364,979 (-23.4%).
Net loss of 1,552,345 reduced equity.
Share repurchases of 135,340 reduced equity.
New share issuances of 135,341 increased equity.
Other comprehensive income increased equity by 19,698.
Other factors increased equity by 167,667.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-1.55 Million	-34.65%
Share Repurchases	AU$135.34K	-3.02%
Share Issuances	AU$135.34K	+3.02%
Other Comprehensive Income	AU$19.70K	+0.44%
Other Changes	AU$167.67K	+3.74%
Total Change	AU$-	-23.35%

Book Value vs Market Value Analysis

This analysis compares Winchester Energy 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: 0.32x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.01x to 0.32x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	AU$0.09	AU$0.00	x
2016-12-31	AU$0.08	AU$0.00	x
2017-12-31	AU$0.08	AU$0.00	x
2018-12-31	AU$0.02	AU$0.00	x
2019-12-31	AU$0.02	AU$0.00	x
2020-12-31	AU$0.01	AU$0.00	x
2021-12-31	AU$0.01	AU$0.00	x
2022-12-31	AU$0.01	AU$0.00	x
2023-12-31	AU$0.01	AU$0.00	x
2024-12-31	AU$0.00	AU$0.00	x
2025-12-31	AU$0.00	AU$0.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Winchester Energy 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): -34.65%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -104.09%
• Asset Turnover: 0.25x
• Equity Multiplier: 1.32x
Recent ROE (-34.65%) is above the historical average (-46.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-10.00%	0.00%	0.00x	1.02x	AU$-4.54 Million
2015	-5.45%	-257.94%	0.02x	1.01x	AU$-3.10 Million
2016	-4.06%	-38.17%	0.10x	1.02x	AU$-2.72 Million
2017	-21.58%	-203.64%	0.10x	1.07x	AU$-6.46 Million
2018	-334.40%	-1319.79%	0.22x	1.16x	AU$-16.22 Million
2019	-21.02%	-82.47%	0.21x	1.19x	AU$-3.36 Million
2020	-46.22%	-154.80%	0.27x	1.09x	AU$-4.19 Million
2021	-15.21%	-34.94%	0.40x	1.08x	AU$-2.41 Million
2022	-6.32%	-10.17%	0.55x	1.12x	AU$-1.48 Million
2023	-38.76%	-82.15%	0.39x	1.21x	AU$-3.23 Million
2024	-22.76%	-72.02%	0.26x	1.22x	AU$-1.91 Million
2025	-34.65%	-104.09%	0.25x	1.32x	AU$-2.00 Million

Industry Comparison

This section compares Winchester Energy Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.

Industry Context

Industry: Oil & Gas E&P
Average net assets among peers: $117,955,879
Average return on equity (ROE) among peers: -246.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Winchester Energy Ltd (WEL)	AU$4.48 Million	-10.00%	0.32x	$1.21 Million
88 Energy Ltd (88E)	$1.35 Million	-2054.99%	0.29x	$18.83 Million
ADX Energy Ltd (ADX)	$18.79 Million	-11.40%	0.16x	$17.09 Million
Australis Oil & Gas Ltd (ATS)	$48.16 Million	-14.25%	0.02x	$14.76 Million
Bass Oil Ltd (BAS)	$443.51K	-309.91%	7.79x	$13.76 Million
Blue Energy Ltd (BLU)	$67.87 Million	-7.56%	0.05x	$8.52 Million
Blue Star Helium Ltd (BNL)	$2.52 Million	23.89%	7.79x	$22.90 Million
Beach Energy Ltd (BPT)	$826.94 Million	12.49%	0.73x	$1.56 Billion
Brookside Energy Ltd (BRK)	$71.69 Million	21.06%	0.31x	$27.61 Million
Buru Energy Ltd (BRU)	$131.39 Million	-11.40%	0.43x	$9.22 Million
Beetaloo Energy Australia Limited (BTL)	$10.41 Million	-116.14%	0.15x	$271.84 Million

About Winchester Energy Ltd

AU:WEL Australia Oil & Gas E&P

Market Cap

$1.21 Million

AU$1.71 Million AUD

Market Cap Rank

#30388 Global

#1788 in Australia

Share Price

AU$0.00

Change (1 day)

-33.33%

52-Week Range

AU$0.00 - AU$0.00

All Time High

AU$0.15