Weststar Industrial Ltd

AU:WSI Australia Engineering & Construction
Market Cap
$5.74 Million
AU$9.27 Million AUD
Market Cap Rank
#33961 Global
#1207 in Australia
Share Price
AU$0.07
Change (1 day)
-4.00%
52-Week Range
AU$0.06 - AU$0.10
All Time High
AU$0.55
Categories
Companies in Australia Engineering & Construction
About

WestStar Industrial Limited, an industrial services company, provides engineering, fabrication, construction, and maintenance services to resources, energy, oil and gas, petrochemical, water, defence, and infrastructure sectors in Australia. It operates through SIMPEC, Alltype, and Watmar segments. The company's services include structural and mechanical piping, and electrical and instrumentation… Read more

Weststar Industrial Ltd (WSI) - Net Assets

Latest net assets as of June 2025: AU$27.83 Million AUD

Based on the latest financial reports, Weststar Industrial Ltd (WSI) has net assets worth AU$27.83 Million AUD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$55.15 Million) and total liabilities (AU$27.33 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets AU$27.83 Million
% of Total Assets 50.45%
Annual Growth Rate 3.95%
5-Year Change 87.61%
10-Year Change N/A
Growth Volatility 128.69

Weststar Industrial Ltd - Net Assets Trend (1989–2025)

This chart illustrates how Weststar Industrial Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Weststar Industrial Ltd (1989–2025)

The table below shows the annual net assets of Weststar Industrial Ltd from 1989 to 2025.

Year Net Assets Change
2025-06-30 AU$27.83 Million -7.20%
2024-06-30 AU$29.98 Million +17.17%
2023-06-30 AU$25.59 Million +8.21%
2022-06-30 AU$23.65 Million +59.45%
2021-06-30 AU$14.83 Million +11.65%
2020-06-30 AU$13.28 Million +386.37%
2019-06-30 AU$2.73 Million +698.47%
2018-06-30 AU$-456.39K -167.18%
2017-06-30 AU$679.40K +197.19%
2016-06-30 AU$-699.03K -7357.13%
2015-06-30 AU$-9.37K +99.26%
2014-06-30 AU$-1.26 Million -123.13%
2013-06-30 AU$5.47 Million -7.03%
2012-06-30 AU$5.88 Million +105.32%
2011-06-30 AU$2.86 Million +389.57%
2010-06-30 AU$584.97K +605.97%
2009-06-30 AU$-115.61K -105.10%
2008-06-30 AU$2.27 Million +26.34%
2007-06-30 AU$1.80 Million -29.84%
2006-06-30 AU$2.56 Million -85.12%
1997-06-30 AU$17.20 Million -9.81%
1996-06-30 AU$19.07 Million +0.57%
1995-06-30 AU$18.96 Million +6.31%
1994-06-30 AU$17.84 Million +134.51%
1993-06-30 AU$7.61 Million +16.33%
1992-06-30 AU$6.54 Million -4.26%
1991-06-30 AU$6.83 Million -0.91%
1990-06-30 AU$6.89 Million +0.06%
1989-06-30 AU$6.89 Million --

Equity Component Analysis

This analysis shows how different components contribute to Weststar Industrial 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 grown by 364098900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$1.17 Million 4.21%
Common Stock AU$26.54 Million 95.36%
Other Comprehensive Income AU$119.48K 0.43%
Total Equity AU$27.83 Million 100.00%

Weststar Industrial Ltd Competitors by Market Cap

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

Company Market Cap
Vidhance AB (publ)
F:8W50
 		$2.21 Million
General Cannabis Corp
PINK:CANN
 		$2.21 Million
Presurance Holdings, Inc.
NASDAQ:PRHI
 		$2.21 Million
Hudson Investment Group Ltd
AU:HGL
 		$2.21 Million
Askari Metals Ltd
AU:AS2
 		$2.21 Million
Sambhaav Media Limited
NSE:SAMBHAAV
 		$2.21 Million
DTI Group Ltd
AU:DTI
 		$2.20 Million
Schulte-Schlagbaum AG
DU:SSS
 		$2.20 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 29,984,147 to 27,826,256, a change of -2,157,891 (-7.2%).
  • Net loss of 3,414,951 reduced equity.
  • Other comprehensive income decreased equity by 68,440.
  • Other factors increased equity by 1,325,500.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$-3.41 Million -12.27%
Other Comprehensive Income AU$-68.44K -0.25%
Other Changes AU$1.33 Million +4.76%
Total Change AU$- -7.20%

Book Value vs Market Value Analysis

This analysis compares Weststar Industrial 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 decreased from 5.14x to 0.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1989-06-30 AU$0.01 AU$0.07 x
1990-06-30 AU$0.01 AU$0.07 x
1991-06-30 AU$19.36 AU$0.07 x
1992-06-30 AU$18.53 AU$0.07 x
1993-06-30 AU$17.96 AU$0.07 x
1994-06-30 AU$31.79 AU$0.07 x
1995-06-30 AU$30.88 AU$0.07 x
1996-06-30 AU$31.79 AU$0.07 x
1997-06-30 AU$30.50 AU$0.07 x
2006-06-30 AU$8.71 AU$0.07 x
2007-06-30 AU$5.94 AU$0.07 x
2008-06-30 AU$4.56 AU$0.07 x
2009-06-30 AU$-0.45 AU$0.07 x
2010-06-30 AU$0.69 AU$0.07 x
2011-06-30 AU$2.46 AU$0.07 x
2012-06-30 AU$4.81 AU$0.07 x
2013-06-30 AU$2.41 AU$0.07 x
2014-06-30 AU$-0.53 AU$0.07 x
2015-06-30 AU$-0.01 AU$0.07 x
2016-06-30 AU$-0.32 AU$0.07 x
2017-06-30 AU$0.03 AU$0.07 x
2018-06-30 AU$-0.01 AU$0.07 x
2019-06-30 AU$0.05 AU$0.07 x
2020-06-30 AU$0.18 AU$0.07 x
2021-06-30 AU$0.15 AU$0.07 x
2022-06-30 AU$0.22 AU$0.07 x
2023-06-30 AU$0.23 AU$0.07 x
2024-06-30 AU$0.27 AU$0.07 x
2025-06-30 AU$0.23 AU$0.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Weststar Industrial 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): -12.27%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.61%
  • • Asset Turnover: 2.37x
  • • Equity Multiplier: 1.98x
  • Recent ROE (-12.27%) is above the historical average (-60.82%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 -5.26% 0.00% 0.00x 1.90x AU$-966.60K
1994 -2.96% 0.00% 0.00x 1.46x AU$-2.00 Million
1995 -8.02% 0.00% 0.00x 1.52x AU$-2.70 Million
1996 -1.78% 0.00% 0.00x 1.14x AU$-2.11 Million
1997 -1.30% 0.00% 0.00x 1.05x AU$-1.94 Million
2006 -42.81% 0.00% 0.00x 1.11x AU$-1.35 Million
2007 -120.96% 0.00% 0.00x 1.16x AU$-2.35 Million
2008 -172.18% 0.00% 0.00x 1.09x AU$-4.13 Million
2009 0.00% 0.00% 0.00x 0.00x AU$-1.34 Million
2010 -175.28% 0.00% 0.00x 1.14x AU$-1.08 Million
2011 -34.25% 0.00% 0.00x 1.06x AU$-1.27 Million
2012 -29.94% 0.00% 0.00x 1.07x AU$-2.35 Million
2013 -49.40% 0.00% 0.00x 1.41x AU$-3.25 Million
2014 0.00% 0.00% 0.00x 0.00x AU$-6.74 Million
2015 0.00% 1732938.67% 0.00x 0.00x AU$2.60 Million
2016 0.00% -10.98% 4.48x 0.00x AU$-724.09K
2017 -968.01% -143.65% 1.41x 4.78x AU$-6.64 Million
2018 0.00% -33.73% 1.65x 0.00x AU$-3.02 Million
2019 36.04% 3.45% 1.16x 8.98x AU$711.15K
2020 26.03% 5.54% 1.68x 2.80x AU$2.13 Million
2021 5.65% 1.17% 1.53x 3.16x AU$-645.72K
2022 18.23% 2.37% 2.88x 2.67x AU$1.95 Million
2023 6.87% 0.58% 3.85x 3.09x AU$-800.09K
2024 10.99% 1.60% 2.81x 2.44x AU$295.35K
2025 -12.27% -2.61% 2.37x 1.98x AU$-6.20 Million

Industry Comparison

This section compares Weststar Industrial Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $101,167,352
  • Average return on equity (ROE) among peers: -8.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Weststar Industrial Ltd (WSI) AU$27.83 Million -5.26% 0.98x $2.21 Million
Acrow Ltd (ACF) $118.59 Million -12.70% 0.71x $131.47 Million
BSA Ltd (BSA) $23.06 Million 0.16% 1.12x $6.98 Million
Bwe Drilling Ltd (BWE) $47.42 Million 4.19% 1.23x $24.32 Million
Cardno Ltd (CDD) $4.30 Million 0.00% 2.62x $1.40 Million
Civmec Ltd (CVL) $488.22 Million 13.18% 0.86x $287.26 Million
Dynamic Group Holdings Ltd (DDB) $36.63 Million 5.59% 1.19x $24.32 Million
DRA Global Ltd (DRA) $250.88 Million 9.78% 0.67x $18.52 Million
Duratec Ltd (DUR) $30.96 Million 25.07% 3.45x $179.46 Million
EVZ Ltd (EVZ) $8.26 Million -126.18% 3.86x $13.41 Million
Fleetwood Ltd (FWD) $3.36 Million 0.00% 3.66x $85.72 Million