Wellfully Ltd (WFL) - Net Assets

Latest as of December 2023: AU$-1.69 Million AUD ≈ $-1.19 Million USD

Based on the latest financial reports, Wellfully Ltd (WFL) has net assets worth AU$-1.69 Million AUD (≈ $-1.19 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$3.51 Million ≈ $2.49 Million USD) and total liabilities (AU$5.20 Million ≈ $3.68 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. Explore WFL cash generation efficiency to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$-1.69 Million
% of Total Assets -48.09%
Annual Growth Rate N/A
5-Year Change -167.18%
10-Year Change -144.66%
Growth Volatility 273.24

Wellfully Ltd - Net Assets Trend (1998–2022)

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

Annual Net Assets for Wellfully Ltd (1998–2022)

The table below shows the annual net assets of Wellfully Ltd from 1998 to 2022. For live valuation and market cap data, see market cap of Wellfully Ltd.

Year Net Assets Change
2022-12-31 AU$-1.71 Million
≈ $-1.21 Million		 -376.02%
2021-12-31 AU$619.56K
≈ $438.38K		 -73.16%
2020-12-31 AU$2.31 Million
≈ $1.63 Million		 +289.38%
2019-12-31 AU$-1.22 Million
≈ $-862.54K		 -147.89%
2018-12-31 AU$2.55 Million
≈ $1.80 Million		 -40.18%
2017-12-31 AU$4.26 Million
≈ $3.01 Million		 -25.37%
2016-12-31 AU$5.70 Million
≈ $4.03 Million		 -21.63%
2015-12-31 AU$7.28 Million
≈ $5.15 Million		 +104.28%
2014-12-31 AU$3.56 Million
≈ $2.52 Million		 -6.99%
2013-12-31 AU$3.83 Million
≈ $2.71 Million		 +18.91%
2012-12-31 AU$3.22 Million
≈ $2.28 Million		 -2.46%
2011-12-31 AU$3.30 Million
≈ $2.34 Million		 -26.37%
2010-12-31 AU$4.48 Million
≈ $3.17 Million		 -11.13%
2009-12-31 AU$5.04 Million
≈ $3.57 Million		 +1094.76%
2008-12-31 AU$422.24K
≈ $298.76K		 -62.70%
2007-12-31 AU$1.13 Million
≈ $800.96K		 -39.03%
2006-12-31 AU$1.86 Million
≈ $1.31 Million		 +223.06%
2005-12-31 AU$574.71K
≈ $406.65K		 -53.24%
2004-12-31 AU$1.23 Million
≈ $869.62K		 +36.02%
2003-12-31 AU$903.54K
≈ $639.31K		 +175.47%
2002-12-31 AU$-1.20 Million
≈ $-847.08K		 -434.53%
2001-12-31 AU$357.87K
≈ $253.21K		 -89.21%
2000-12-31 AU$3.32 Million
≈ $2.35 Million		 -63.06%
1999-12-31 AU$8.98 Million
≈ $6.36 Million		 +21.91%
1998-12-31 AU$7.37 Million
≈ $5.21 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Wellfully 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 80244.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Common Stock AU$51.72 Million %
Other Comprehensive Income AU$1.07 Million %
Total Equity AU$-1.71 Million 100.00%

Wellfully Ltd Competitors by Market Cap

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

Company Market Cap
CHATHAM ROCK PHOSPHATE
F:3GRE
 $1.05 Million
Trifast plc
LSE:TRI
 $1.05 Million
Elong Power Holding Limited Class A Ordinary Shares
NASDAQ:ELPW
 $1.05 Million
1Spatial PLC
LSE:SPA
 $1.05 Million
Mulberry Group PLC
LSE:MUL
 $1.05 Million
POLAREAN IMAG.LS-00037
F:8ZF
 $1.04 Million
Cake Box Holdings PLC
LSE:CBOX
 $1.04 Million
SDI Group plc
LSE:SDI
 $1.04 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 619,557 to -1,710,132, a change of -2,329,689 (-376.0%).
  • Net loss of 6,354,783 reduced equity.
  • Share repurchases of 448,677 reduced equity.
  • New share issuances of 3,600,979 increased equity.
  • Other comprehensive income increased equity by 432,870.
  • Other factors increased equity by 439,922.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income AU$-6.35 Million -371.6%
Share Repurchases AU$448.68K -26.24%
Share Issuances AU$3.60 Million +210.57%
Other Comprehensive Income AU$432.87K +25.31%
Other Changes AU$439.92K +25.72%
Total Change AU$- -376.02%

Book Value vs Market Value Analysis

This analysis compares Wellfully 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
1998-12-31 AU$67.02 AU$0.00 x
1999-12-31 AU$81.71 AU$0.00 x
2000-12-31 AU$2.94 AU$0.00 x
2001-12-31 AU$0.29 AU$0.00 x
2002-12-31 AU$-0.98 AU$0.00 x
2003-12-31 AU$0.08 AU$0.00 x
2004-12-31 AU$0.06 AU$0.00 x
2005-12-31 AU$0.02 AU$0.00 x
2006-12-31 AU$0.07 AU$0.00 x
2007-12-31 AU$0.04 AU$0.00 x
2008-12-31 AU$0.01 AU$0.00 x
2009-12-31 AU$0.09 AU$0.00 x
2010-12-31 AU$0.07 AU$0.00 x
2011-12-31 AU$0.05 AU$0.00 x
2012-12-31 AU$0.05 AU$0.00 x
2013-12-31 AU$0.05 AU$0.00 x
2014-12-31 AU$0.04 AU$0.00 x
2015-12-31 AU$0.07 AU$0.00 x
2016-12-31 AU$0.05 AU$0.00 x
2017-12-31 AU$0.04 AU$0.00 x
2018-12-31 AU$0.02 AU$0.00 x
2019-12-31 AU$-0.01 AU$0.00 x
2020-12-31 AU$0.01 AU$0.00 x
2021-12-31 AU$0.00 AU$0.00 x
2022-12-31 AU$0.00 AU$0.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wellfully 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: -421.46%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-162.35%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 16.40% 0.00% 0.00x 1.26x AU$574.76K
2000 -170.70% 0.00% 0.00x 1.63x AU$-6.00 Million
2001 -827.12% -71.10% 1.59x 7.34x AU$-3.00 Million
2002 0.00% -77.30% 3.35x 0.00x AU$-1.44 Million
2003 79.81% 0.00% 0.00x 1.01x AU$630.76K
2004 -100.45% 0.00% 0.00x 1.11x AU$-1.36 Million
2005 -249.36% 0.00% 0.00x 1.12x AU$-1.49 Million
2006 -75.22% -1168.71% 0.06x 1.16x AU$-1.58 Million
2007 -81.76% -123.34% 0.49x 1.36x AU$-1.04 Million
2008 -410.33% -370.17% 0.30x 3.67x AU$-1.77 Million
2009 -18.93% -119.25% 0.14x 1.10x AU$-1.46 Million
2010 -20.02% -149.25% 0.12x 1.10x AU$-1.35 Million
2011 -42.75% -271.91% 0.14x 1.13x AU$-1.74 Million
2012 -41.35% -197.81% 0.19x 1.13x AU$-1.65 Million
2013 -57.59% -273.38% 0.19x 1.12x AU$-2.59 Million
2014 -64.55% -164.85% 0.34x 1.16x AU$-2.66 Million
2015 -48.87% -265.45% 0.17x 1.08x AU$-4.28 Million
2016 -97.10% -335.49% 0.27x 1.09x AU$-6.11 Million
2017 -39.92% -160.77% 0.22x 1.13x AU$-2.12 Million
2018 -67.18% -136.87% 0.40x 1.23x AU$-1.96 Million
2019 0.00% -626.21% 0.48x 0.00x AU$-3.45 Million
2020 -277.10% -1381.78% 0.14x 1.47x AU$-6.63 Million
2021 -1302.27% -310.34% 0.99x 4.23x AU$-8.13 Million
2022 0.00% -421.46% 0.43x 0.00x AU$-6.18 Million

Industry Comparison

This section compares Wellfully Ltd's net assets metrics with peer companies in the Diagnostics & Research industry.

Industry Context

  • Industry: Diagnostics & Research
  • Average net assets among peers: $73,351,191
  • Average return on equity (ROE) among peers: -83.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Wellfully Ltd (WFL) AU$-1.69 Million 16.40% N/A $1.05 Million
Australian Clinical Labs Ltd (ACL) $177.76 Million 13.46% 2.34x $266.91 Million
Bcal Diagnostics Ltd (BDX) $438.92K -158.65% 0.87x $20.87 Million
Cryosite Ltd (CTE) $4.32 Million 10.35% 0.68x $36.95 Million
Genetic Signatures Ltd (GSS) $4.68 Million -64.67% 0.27x $11.09 Million
Genetic Technologies Ltd (GTG) $11.88 Million -71.18% 0.12x $4.01 Million
Healius Ltd (HLS) $409.41 Million 13.90% 0.48x $179.83 Million
Imagion Biosystems Ltd (IBX) $-2.16 Million 0.00% 0.00x $5.21 Million
Integral Diagnostics Ltd (IDX) $83.92 Million 13.57% 1.16x $548.85 Million
Inoviq Ltd (IIQ) $2.04 Million -542.39% 0.36x $32.87 Million
Microba Life Sciences Ltd (MAP) $41.22 Million -48.38% 0.41x $29.73 Million

About Wellfully Ltd

AU:WFL Australia Diagnostics & Research
Market Cap
$1.05 Million
AU$1.48 Million AUD
Market Cap Rank
#30387 Global
#1793 in Australia
Share Price
AU$0.00
Change (1 day)
+0.00%
52-Week Range
AU$0.00 - AU$0.00
All Time High
AU$1.65
Categories
Companies in Australia Diagnostics & Research
About

Wellfully Limited, together with its subsidiaries, engages in the research and development of Dermaportation and ETP transdermal drug delivery technologies. The company operates through two segments, Dermaportation Drug Delivery Technology and Devices. It is involved in the industrialization and supply-chain support for its existing product ranges; and sale and marketing of its own brands REDUIT … Read more