Whitehawk Ltd (WHK) - Net Assets

Latest as of December 2025: AU$450.46K AUD ≈ $318.73K USD

Based on the latest financial reports, Whitehawk Ltd (WHK) has net assets worth AU$450.46K AUD (≈ $318.73K 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$795.11K ≈ $562.59K USD) and total liabilities (AU$344.64K ≈ $243.86K 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 Whitehawk Ltd (WHK) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$450.46K
% of Total Assets	56.65%
Annual Growth Rate	8.37%
5-Year Change	-66.9%
10-Year Change	N/A
Growth Volatility	1011.53

Whitehawk Ltd - Net Assets Trend (2015–2025)

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

Annual Net Assets for Whitehawk Ltd (2015–2025)

The table below shows the annual net assets of Whitehawk Ltd from 2015 to 2025. For live valuation and market cap data, see Whitehawk Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	AU$450.46K ≈ $318.73K	+610.98%
2024-12-31	AU$63.36K ≈ $44.83K	+107.86%
2023-12-31	AU$-805.99K ≈ $-570.29K	-630.53%
2022-12-31	AU$151.92K ≈ $107.49K	-88.84%
2021-12-31	AU$1.36 Million ≈ $962.94K	-58.57%
2020-12-31	AU$3.28 Million ≈ $2.32 Million	+42.40%
2019-12-31	AU$2.31 Million ≈ $1.63 Million	+43.22%
2018-12-31	AU$1.61 Million ≈ $1.14 Million	-48.87%
2017-12-31	AU$3.15 Million ≈ $2.23 Million	+294.04%
2017-06-30	AU$-1.62 Million ≈ $-1.15 Million	-3103.24%
2016-12-31	AU$54.06K ≈ $38.25K	-73.19%
2015-12-31	AU$201.66K ≈ $142.69K	--

Equity Component Analysis

This analysis shows how different components contribute to Whitehawk 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 2054316400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	AU$19.52 Million	4332.58%
Other Components	AU$1.53 Million	339.48%
Total Equity	AU$450.46K	100.00%

Whitehawk Ltd Competitors by Market Cap

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

Company	Market Cap
RevoluGROUP Canada Inc V:REVO	$3.26 Million
Cascadero Copper Corp V:CCD	$3.26 Million
Victorian Plumbing Group PLC LSE:VIC	$3.26 Million
GRANITE CREEK COPPER F:GRK	$3.26 Million
Southern Empire Resources Corp V:SMP	$3.25 Million
British Smaller Companies Vct Plc LSE:BSV	$3.25 Million
INEO Tech Corp V:INEO	$3.25 Million
IT Tech Packaging Inc NYSE MKT:ITP	$3.24 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 63,358 to 450,465, a change of 387,107 (611.0%).
Net loss of 1,237,424 reduced equity.
Share repurchases of 1,519,540 reduced equity.
New share issuances of 1,519,535 increased equity.
Other comprehensive income decreased equity by 1,665,722.
Other factors increased equity by 3,290,258.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$-1.24 Million	-274.7%
Share Repurchases	AU$1.52 Million	-337.33%
Share Issuances	AU$1.52 Million	+337.33%
Other Comprehensive Income	AU$-1.67 Million	-369.78%
Other Changes	AU$3.29 Million	+730.41%
Total Change	AU$-	610.98%

Book Value vs Market Value Analysis

This analysis compares Whitehawk 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: 7.16x
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 increased from 0.77x to 7.16x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-12-31	AU$0.01	AU$0.00	x
2017-12-31	AU$0.30	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$0.02	AU$0.00	x
2021-12-31	AU$0.01	AU$0.00	x
2022-12-31	AU$0.00	AU$0.00	x
2023-12-31	AU$0.00	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 Whitehawk 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): -274.70%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -57.40%
• Asset Turnover: 2.71x
• Equity Multiplier: 1.77x
Recent ROE (-274.70%) is above the historical average (-388.03%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	-26.19%	-4673.36%	0.01x	1.02x	AU$-72.97K
2016	-374.59%	-95.35%	0.18x	21.53x	AU$-207.90K
2017	-68.76%	-3253.37%	0.02x	1.25x	AU$-2.48 Million
2018	-167.29%	-687.93%	0.18x	1.38x	AU$-2.86 Million
2019	-120.61%	-267.19%	0.35x	1.29x	AU$-3.01 Million
2020	-55.09%	-95.84%	0.44x	1.29x	AU$-2.14 Million
2021	-181.18%	-107.09%	0.78x	2.18x	AU$-2.60 Million
2022	-189.53%	-47.83%	0.74x	5.36x	AU$-1.62 Million
2023	0.00%	-158.01%	2.31x	0.00x	AU$-2.76 Million
2024	-2810.43%	-85.58%	1.31x	25.06x	AU$-1.79 Million
2025	-274.70%	-57.40%	2.71x	1.77x	AU$-1.28 Million

Industry Comparison

This section compares Whitehawk Ltd's net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

Industry: Software - Infrastructure
Average net assets among peers: $15,196,507
Average return on equity (ROE) among peers: -79.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Whitehawk Ltd (WHK)	AU$450.46K	-26.19%	0.77x	$3.25 Million
Acusensus Ltd (ACE)	$16.76 Million	8.50%	0.56x	$139.68 Million
Adslot Ltd (ADS)	$29.60 Million	-23.80%	0.29x	$4.10 Million
Archtis Ltd (AR9)	$8.59 Million	-45.78%	0.11x	$30.35 Million
Adveritas Ltd (AV1)	$1.66 Million	-547.03%	3.29x	$49.10 Million
Beforepay Group Ltd (B4P)	$26.83 Million	-24.73%	1.43x	$46.86 Million
Decidr Ai Industries Ltd (DAI)	$3.71 Million	-106.80%	0.12x	$107.20 Million
Digitalx Ltd (DCC)	$23.94 Million	-31.69%	0.44x	$28.44 Million
Dropsuite Ltd (DSE)	$24.23 Million	5.98%	0.11x	$295.92 Million
Dataworks Group Ltd (DWG)	$-59.00K	0.00%	0.00x	$10.94 Million
EML Payments Ltd (EML)	$16.71 Million	-32.40%	0.11x	$85.22 Million

About Whitehawk Ltd

AU:WHK Australia Software - Infrastructure

Market Cap

$3.25 Million

AU$4.60 Million AUD

Market Cap Rank

#29336 Global

#1677 in Australia

Share Price

AU$0.00

Change (1 day)

-20.00%

52-Week Range

AU$0.00 - AU$0.02

All Time High

AU$0.43